The Future of the Accounting Industry in the age of AI and Blockchain w/ Larry Autrey - CEO of Whitley Penn The Climb - Cross Roads & Defining Moments

Larry Autrey is the CEO & Managing Partner of Whitley Penn. He has more than 30 years of tax, advisory and business valuation experience focused on public and private clients. His areas of practice include mergers and acquisitions, manufacturing, distribution, profit enhancement, professional services, business valuations, and estate planning.
In this episode, we discuss:- How AI and Blockchain are changing the Accounting industry- How future accountants can remain valuable in this new future- the impact of PE on firm valuations
Links:Whitley PennLarry on LinkedIn
Topics:(00:00:00) - Intro(00:01:24) - Thoughts on the state of the world(00:18:07) - Inquiry into the influence of early life experiences on career choices.(00:36:35) - Growth rates and defining moments in the firm's history.(00:42:02) - Strategies for dealing with an aging population within the firm and sustainability.(00:44:16) - Private Equity and valuations(00:48:00) - The future of the accounting profession.(00:50:45) - The impact of blockchain and AI on the industry(00:57:44) - The mindset of younger generations regarding career progression and firm loyalty