The impact of private equity investment on the audit market

Ryan Piper, Global CEO at Morison Global, and Fiona Czerniawska, CEO of Source, caught up with Emma Carroll, Head of Content at Source, on the latest episode of our The Future of the Firm podcast.      Ryan and Fiona shared their insights on the following matters and more:    The impact of PE funding on the use of technology in audit firms, in particular looking at how AI can make an impact.  How the time horizons of PE deals have shifted to become more long term as a consequence of market volatility, and whether this shows any signs of changing.  The commoditisation of audit services, and how this leads to a greater emphasis on customer experience to differentiate firms.  Consolidation in the audit industry, and how firms globally are achieving growth and scale through mergers & acquisitions.  Practical advice for audit firms, including exploring funding options and understanding market positioning.     If you enjoyed this conversation, don’t miss our sister podcast, Business Leader’s Voice. In a recent episode, we talked to Benjamin Samuels, Former Chief Revenue Officer at WeWork, about navigating growth and change.