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Seizing Opportunities in a Changing Accounting Industry

Business Strategies for Modern Accounting Firms

Created byMark Ferris
BeginnerUpdated Dec 22, 2022

What You'll Learn

  • check_circleLearn what's driving change in the Accounting Industry
  • check_circleIdentify strategies to help your Accounting Business successfully navigate change
  • check_circleLay the foundations for a resilient, agile, exceptional business
  • check_circleRealize the goals of your owners, team and clients

About This Course

The Accounting Industry has been undergoing a fundamental, irreversible change. But change means Opportunity!

The features of the Accounting Industry, include:

  • Long, established, professional history
  • Few big firms, many smaller firms
  • Relatively low barrier to entry and low enterprise value
  • Value created based on skills of people
  • Provider of a good livelihood for many

mean that many Accountants have become complacent in terms of expectations for the future. Skills are undervalued and some highly-skilled people have departed the profession.

The 9 modules of this course will examine what's driving change and define strategies for building a successful business in this evolving Accounting Market. We'll cover:

  • The Changing Market - Clients and the Competition
  • Changes in Hiring and Technology
  • Goal-setting, Product Development, and Client Management
  • Team-building and Organizational Design
  • Business Development

Seizing Opportunities in a Changing Accounting Market calls on deep market insights and years of working with exceptional Accountants to define strategies to help you build exactly the business you want and achieve the goals of owners, managers, clients, and team members.

Course Content

9 activities • 9 videos • duration: 2h 19m

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Module 1: Factors Driving Change - The Market1 videos • 29 min
  • videocamThe Drivers of Change, the Clients and the Competition
    Duration 29:21
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Module 2: Factors Driving Change - Technology & Hiring1 videos • 16 min
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Module 3: Strategies for Future Success - Goal Setting1 videos • 13 min
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Module 4: Strategies for Future Success - Astute Market Understanding1 videos • 9 min
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Module 5: Strategies for Future Success - Astute Product Development1 videos • 14 min
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Module 6: Strategies for Future Success - Astute Client Management1 videos • 13 min
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Module 7: Strategies for Future Success - Astute Organizational Design1 videos • 13 min
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Module 8: Strategies for Future Success - Astute Team Building1 videos • 14 min
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Module 9: Strategies for Success - Astute Business Development1 videos • 14 min

Your Instructor

Mark Ferris

menu_book3 courses
star245 reviews

Mark Ferris is an entrepreneur who has founded, built and exited businesses which sell services and solutions to corporate customers. His career has spanned Asia, North America and Australia where he is currently based. As a founder, director and investor in early stage technology businesses, he is especially passionate about enabling the rapid growth of businesses to the benefit of all stakeholders. Mark currently serves as Chairman and CEO of Panalitix, an organization which enables accountants to develop first-class advisory capabilities.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.5 out of 5
Student's Choice
196 reviews
  • MM
    Malgorzata M.
    starstarstarstarstar

    Yes it showed me different perspectives

  • NB
    Nadia B.
    starstarstarstarstar

    I liked this course. It actually relates to not only accounting firms but could be used for all businesses.

  • VS
    Victoria S.
    starstarstarstarstar

    Clear, easy to follow, concise modules. Definitely, made me consider my strategy.

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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