As accounting and professional services firms compete for space in an increasingly saturated market, the Los Angeles Business Journal spoke with mid-size firms to learn how they adapt to industry trends like consolidation, private equity funding and AI adoption.
GHJ’s Managing Partner Tom Barry, as part of the Los Angeles Business Journal’s special report on the state of audit, tax and consulting, provided insight into:
- How GHJ leverages acquisitions to strengthen existing practices and expand service offerings that better support clients
- GHJ’s targeted growth strategy in key markets and service areas clients rely on most
- Why rising succession planning needs among smaller firms are accelerating industry consolidation
- How AI is changing accounting operations and reshaping leadership decision-making
“We’re not growing for growth’s sake. We’re looking for the right pieces that fit strategically with what we’re trying to do.”
ABOUT TOM BARRY
Tom, CPA, combines his expansive background in advisory and accounting services with his natural inclination toward entrepreneurship to serve the Firm as its chief leader. He works closely with other Firm leaders and GHJ’s Executive Committee to improve operations, enhance strategy, ensure compliance and deliver innovative client-centric services. Under Tom’s leadership, the Firm has expanded into new markets across the globe and has consistently ranked on top accounting firm lists in its core regional hubs.
Access the special report here: Audit, Taxation and Consulting - Adjust and Adapt.
