Join our community by subscribing to the Boomer Bulletin, and our articles will be delivered monthly right to your inbox.

Most firms haven’t transformed their audit practice—they’ve just digitized it. Real transformation requires rethinking pricing, performance, leverage, and leadership. This article outlines where firms get stuck and what audit leaders must address to build a future-ready practice.

Accounting firms that aren’t intentionally growing are falling behind. Growth today is about more than revenue—it’s resilience, relevance, talent and long-term value. Jim Boomer outlines why growth must be embedded into leadership, culture and daily decisions, and how firms can move forward through organic growth, M&A or new investment models.

Many firms are still riding the “cash cow” of tax and audit, but the market is shifting faster than most leaders realize. This article challenges firm leaders to rethink their business model now—before commoditization and disruption force painful change—and to leverage existing expertise to build advisory-driven growth.

Technology, regulations and client expectations are shifting fast. This piece shows firm leaders how to lead with a future focus—using curiosity, vision and strategic planning to build agility across teams, align decisions with strategy, and create a culture of continuous learning that keeps the firm competitive.

Tracking key behavioral indicators (KBIs) helps your firm drive growth by measuring the actions that influence performance, not just the outcomes.

What would happen if you had to stop working tomorrow? Would your roles and responsibilities within your firm transition seamlessly? Or would there be utter chaos? We spend a great deal of time talking and thinking about the need to develop the next generation of leaders at the top of the firm, but what about all the other critical areas of the firm beyond the partner group? Technology, human resources, training and learning, marketing... the list goes on. Are you paying at

Discover how accounting firms can transform their business models with advisory services, technology, and private equity-driven strategies.

Keeping up with rapid changes can be challenging, especially if you look only within your firm for new ideas.

Today, every CPA firm is looking to add value to its service offerings.

The landscape of the accounting profession is changing.

Today’s CPA firm leaders face the daunting task of navigating their organizations through constant change. The ability to lead effectively through these transitions isn’t just desirable but essential for the survival and growth of the firm. Managing change likely isn’t a skill set you learned in college or any CPE course. So let’s delve into the critical leadership skills necessary for CPA firm leaders to manage change effectively. Communication Clear and transparent comm

In accounting firms, the concept of client filtering often sparks a debate, especially when it touches on the sensitive issue of parting ways with revenue-generating clients. This concern is valid in a profession where client retention is traditionally equated with firm stability and success. However, I propose a shift in perspective: moving from the notion of client filtering to a strategy of revenue replacement. This approach isn’t about reducing client numbers (althoug

It’s becoming common knowledge: accounting firms are slowly but surely transforming themselves from tax and audit firms into multidisciplinary professional service firms, offering everything from IT to HR, marketing, strategic planning, web development, insurance, recruiting and more. In fact, advisory services are growing faster than other service lines in the Big 4 and other large firms. Many of these services a firm can provide relatively easily. For example, if the firm a

Boomer Consulting's peer communities started in 1999 with just one group: the Boomer Technology Circle. Over the years, our communities have grown to include four Technology Circles as well as eight more: the Boomer Talent Circle, the Boomer Managing Partner Circle, the Boomer Operations Circle, the Boomer CIO Circle, the Boomer Business Transformation Circle, the Boomer Process Circle, the Boomer Marketing & Business Development Circle, and the Boomer Learning & Development

As a consultant for the accounting profession, attending conferences is an essential part of my career. In May 2023, I had the privilege of attending ExpensiCon 2023, held in Puglia, Italy. Being my first time attending this conference, I had high expectations, and I'm happy to say Expensify exceeded them. This conference was more than just a professional gathering—it was a cultural experience. In this article, I share my takeaways from the conference. First-class experience

Often, firm leaders discuss succession planning, they focus on the partner level. Which managers can they see leading the firm when the current partners are ready to retire? Unfortunately, that laser focus on partner succession ignores the importance of preparing people in other levels of the firm to advance in their roles. Everyone in the firm–at all levels–needs to think about how they're preparing the people beneath them to step up. Do you have a professional development

ExpensiCon is this week and will take place in Puglia, Italy, from May 18 to 22, 2023. This invite-only retreat for accounting professionals is an annual event organized by Expensify, a global software company that empowers businesses and individuals with an expense management system and a business credit card. ExpensiCon will bring together accounting professionals and industry leaders from around the world to share ideas, network and learn about the latest developments in t

As a leader in your firm, you're responsible for transforming your organization for the future. However, understanding what business transformation truly is can be challenging. Unfortunately, some firm leaders think business transformation simply means offering additional services or moving service delivery to the cloud. While these can be part of the transformation, they're not the whole story. So let's look at what true business transformation means in a CPA firm. Business

Accountants tend to get worried about artificial intelligence (AI) becoming good at traditional “human” jobs. But robots replacing humans isn’t inevitable in accounting, nor is it the most likely scenario. While AI is changing how we get work done and who does it, technology isn’t replacing people—at least not in knowledge jobs like accounting. Instead, it’s complementing and augmenting human capabilities. Collaboration between technology and humans—i.e., collaborative intell

With all the disruption and uncertainty in today's world, leading a CPA firm can feel like navigating uncharted waters. While it may seem like there are no certainties, one thing is for sure: successful leadership requires agility and adaptability to stay ahead of the curve. Adapting your approach both strategically and tactically allows you to be decisive when future opportunities arise with greater confidence amid complexity. This article explores how CPA firm leaders can m