Why Accountants Quit Public Accounting Firms

Blake and David meet with Geoffrey Brown of the Illinois CPA Society to examine some key findings from ICPAS's recent retention report, including top reasons for turnover, where departing accountants are going, and ideas for improving work-life balance.
Meet Our Guest, Geoffrey Brown
LinkedIn: / geoffrey-brown-cae-903...
Twitter: / illinoiscpa
Facebook: / icpas
Instagram: / illinoiscpasociety
Learn more about the Illinois CPA Society (ICPAS)
Website: www.icpas.org/
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00:09 Welcome: Geoffrey Brown Joins The Show
00:42 Discussing the Retention Report and Key Findings
01:12 Exploring the Reasons for Turnover in the Accounting Profession
03:01 Where are Accountants Going After Leaving Their Firms?
04:17 The Role of Workplace Culture in Retention
05:27 The Disconnect Between Firm Leaders and Employees
07:31 How Can Firms Address Work Life Balance Issues?
09:40 The Impact of Turnover on Remaining Employees
11:23 Addressing the Supply Issue in Accounting
12:32 The Role of Firm Culture and Work-Life Balance in Retention
16:57 Does the Accounting Business Model Need to Change?
19:56 The Impact of Firm Acquisitions on Employee Retention
20:53 Positive Changes and Future Challenges in Employee Retention
22:25 Thanks For LIstening and How to Find The ISCPA Survery