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Success Tips & Key Insights from a Life in Accountancy

Mark Allen on the Accounting Influencers podcast with BD Academy founder Rob Brown

Mark Allen has built and developed and sold several multi million pound businesses. He is currently the Chairman of the TAG Accountants Community which provides complex tax advice, financial services, business growth consultancy, corporate finance, insolvency and legal advice through specialist teams to over 100 UK accountancy firms.

Mark and his partners are the advisors to the advisors. He was the youngest ever Chair of the CIMA Members in Practice Panel and currently sits on the Regional Advisory Panel of the CIMA UK Board. Shownotes:

  • How much accounting has changed over the years from someone who has been in the game a long time
  • How the threat of AI and technology will force accountants to do more of what they should have been doing all along – advisory
  • How the accountant of 30-40 years ago is a very different animal to today, even though the qualifications are almost identical
  • The critical areas where accountants need support, potentially from outside their firm
  • Why sales and marketing is very difficult for most accountants
  • What separates the good accounting firms from the great ones
  • The one thing an accountant must do if they want to legitimately offer advisory services
  • Best practice tips for moving from compliance to advisory services
  • The kind of antiquated thinking in accounting firm leadership that holds practices back
  • Why lots of accountants are doing business advisory that they are not getting paid for
  • Where leaders of accounting firms fall short in serving their people
  • The role of ‘fun’ in attracting and retaining good people in accounting firms
  • The bad doctrine or wrong thinking that needs to be killed in the world of accounting
  • How well served accountants are by their professional bodies, associations and institutes
  • What good training and development looks like in the most successful accounting firms
  • The benefits to accounting firms of outsourcing low value work
  • Tips on succession planning, particularly for the larger accounting firms
  • What’s coming up in the world of accounting and finance in the next few yearsm

Mark Allen on the Accounting Influencers podcast with BD Academy founder Rob Brown

Mark’s leisure time is split between family, charity work and avidly following sports and in particular his beloved Wolverhampton Wanderers. You can reach him here…

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