Join Ryan Spohn, CFO of Sikich, and host Blake Oliver to explore how modern CPA firms are revolutionizing the industry by abandoning the traditional partnership model. Discover innovative strategies for attracting and retaining top talent, including Sikich's alternative practice structure and novel performance metrics. Learn how firms shift from "total hours worked" to holistic evaluations of effectiveness, client satisfaction, and quality. We'll also discuss service diversification, internal mobility, and technology investments. Plus, get insights on Sikich's recent $250M Bain Capital investment. Don't miss this opportunity to understand the future of accounting firms!
(Originally recorded on September 26, 2024, on Earmark Webinars+)
Sponsor
ShareFile - https://earmarkcpe.promo/sharefile
Chapters
- (00:39) - Meet Ryan Spohn, CFO of Sikich
- (01:46) - Sikich's Alternative Practice Structure
- (02:58) - Private Equity Investment from Bain Capital
- (03:57) - Strategies for Attracting and Retaining Top Talent
- (08:46) - Employee Wellness and Work-Life Integration
- (11:18) - Innovative Billing and Client Engagement
- (21:20) - Modernizing ERP and Technology Stack
- (27:08) - Ryan Non-Traditional Background
- (29:28) - The Importance of Understanding the Work
- (30:39) - Expertise and Team Composition
- (31:02) - Transition to Public Accounting
- (32:34) - Equity and Compensation Challenges
- (34:00) - Innovative Equity Solutions at Sikich
- (37:17) - Reinvesting in the Firm
- (46:07) - Internal Mobility at Sikich
- (48:40) - The Future of Accounting with AI
- (54:41) - Conclusion and Final Thoughts
https://earmarkcpe.com
Download the Earmark CPE App
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app
Connect with Our Guest, Ryan Spohn
LinkedIn: https://www.linkedin.com/in/ryan-spohn-9b21431/
Connect with Blake Oliver, CPA
LinkedIn: https://www.linkedin.com/in/blaketoliver
Twitter: https://twitter.com/blaketoliver/
Popular Podcasts
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.