This episode examines why practice values remain strong, how the definition of scale is changing, and what this means for owners and aspiring entrepreneurs.
The good news is that accounting practices are becoming increasingly attractive to buyers, even as AI reshapes the profession.
The discussion matters for accountants considering ownership, practice owners planning succession, and advisers watching consolidation across the Australian market.
Listeners will learn:
Why demand for accounting practices currently exceeds supply
What makes an accounting practice attractive to buyers
How AI is changing the meaning of scale
The options available to owners considering succession or a sale
What buyers look for in clients, teams and practice infrastructure
Why accounting can provide a pathway to business ownership
How future firms may shift from compliance towards advisory work
Tune in now.
Host: Elinor Kasapidis, chief of policy standards and external affairs, CPA Australia
Guest: Mark Emney, director and co-owner of DMY
CPA Australia also has some useful information on buying and selling an accounting practice.
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CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance and accounting:
INTHEBLACK Out Loud https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack-outloud
Search for them in your podcast platform. Email the podcast team at podcasts@cpaaustralia.com.au
