TfP 021. Evaluating the Independent CPA Firm Model
About this episode
The episode discusses the evaluation of the independent CPA firm model and the strategic considerations of firm leaders regarding ownership and investment.
Many firm leaders are evaluating their ownership and capital models, which includes considering the option of bringing in outside strategic investors. But many firms continue to choose independence as a strategic path. In this episode, Andrea Wright, CPA , Partner at Johnson Lambert LLP , shares how her firm defines independence through the lens of culture and long-term investment. She explains how that perspective influences decision-making and why the firm reevaluates its direction each year. The conversation also explores how Johnson Lambert thinks about niche service offerings, talent development, succession planning, transparency, and technology investment. We take a thoughtful look at what it takes to sustain this model and consider these fundamental questions: What are you willing to invest, and why does it matter now? Thanks for listening. It takes just a couple of minutes to share your feedback . You can also contact us directly at podcast@aicpa-cima.com To find out more about transforming your business model, explore our business model transformation resources at aicpa-cima.com/tybm . You'll also see a link there to all of our previous podcast episodes. Continue the…
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