RECORDING: CPA Firm Consolidation--How it Affects Firms Whether or Not They Participate

Never before in the history of the accounting profession have so many M&A market factors played such a large role in the future success of accounting firms. In the next 5-10 years, thousands of firms will be involved in M&A transactions. Therefore, implementing a business strategy and action plan to take advantage of this dynamic marketplace is critical to the future of most accounting firms and their ability to increase profitability, grow, and be competitive in the long-term.

Joseph A. Tarasco, co-founded Accountants Advisory Group, LLC, to assist the leaders  of today's public accounting firms in structuring and managing their practices to increase profitability, maximize value, implement succession planning and achieve long-term success. Joe began his career in the accounting industry with a Big 4 firm and his experience includes  15 years as the managing partner of a 125-person CPA firm based in New York City. In his role as managing partner, Joe was responsible for all areas of the practice, including managing the partner group, marketing, human capital, technology, administration and financial operations.