What's Will Happen to Accounting in 2025?

What’s next for accounting in 2025? Let’s talk about it.

In this video, Jeff and I explore how private equity is disrupting the industry, why compensation remains a challenge, and why the return-to-office debate just won’t go away. We’ll dive into practical solutions for firms to tackle these issues and truly attract top talent. The goal? To build a better future for the profession.

Curious about what’s next?

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00:00 - Was 2024 good or bad for accountants?
00:37 - How did layoffs and RTO mandates shape 2024?
01:14 - What trends will define accounting in 2025?
02:20 - How can accounting attract young talent?
03:23 - Why does accounting need a stronger brand?
04:30 - How can pay fix the talent gap?
05:32 - How is private equity changing accounting?
07:08 - What does PE mean for small firms?
08:58 - Why are exit strategies key for firm owners?
10:08 - How does PE improve career paths?
11:12 - Will RTO hurt talent retention?
12:41 - Why are fewer people joining accounting?
15:11 - How can firms cut turnover?
17:22 - How will AI transform accounting jobs?
18:57 - Why is accounting ideal for entrepreneurs?

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This is the Accounting Talent Podcast, a weekly show for accounting leaders focused on recruitment, culture, retention, succession, and leadership within the profession. This channel covers the biggest challenges in talent management and hiring in accounting firms, offering actionable insights for leaders responsible for people, talent, and firm growth.

Episodes explore strategies like talent attraction, innovative hiring techniques, employee engagement, and retention, as well as building a strong employer brand. We also address critical issues like labor shortages, work-life balance, and the evolving reputation of the accounting profession.

Hosted by Rob Brown, a renowned speaker and expert on talent, careers, and leadership in accounting. Rob is the author of Build Your Reputation and delivers high-level talks worldwide.

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#accountingsuccess #privateequity #aiinaccounting

[accountinginfluencers]

For more, connect with our international community on LinkedIn:

[yesmaybe]

I’m coming baby, just opening FAR now!

[WillieAndree]

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[karlstrauss]

Now that IT is oversaturated with excess labor, I fear Accounting will be the next big thing corporations will push for.

[samsh]

While I respect the efforts of those working on the talent pipeline, I believe their current strategies are ineffective. Accounting academic enrollment is declining year over year due to various factors with pay being the biggest. Accounting salaries will likely never reach the levels of those in software development. A software developer with ten years of experience may accumulate thousands of dollars in stock or equity compensation, a level of compensation rarely seen in accounting. Not to mention the workloads and very long hours. I've been in accounting/finance since 2011 between public and private and not for profit. They all share the same thing. Way low pay and high workload.