• Reinventing Accounting: A Lawyer’s Perspective on Industry Disruption | Accounting ARC

  • Nov 3 2024
  • Length: 28 mins
  • Podcast

Reinventing Accounting: A Lawyer’s Perspective on Industry Disruption | Accounting ARC

  • Summary

  • How nontraditional professionals leverage their skills to bring innovation and growth to the accounting profession.

    A
    ccounting ARC
    With Donny Shimamoto
    Center for Accounting Transformation

    The accounting profession is experiencing a wave of disruption, and nontraditional professionals are leading the charge. In a recent episode of Accounting ARC, host Donny Shimamoto, CPA.CITP, CGMA, sits down with Rachel Bashore, the director of operations at Herbein, to discuss her journey from attorney to accounting professional and the valuable perspective she brings to her firm.

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    "Accounting is ripe for change, and that’s what excites me," Bashore says, reflecting on how her varied career—from IT consulting to trial law—helped prepare her for the challenges of modern accounting. Bashore has a unique path into the industry. After years working with IBM, she transitioned into law, specializing in litigation before moving into banking and fintech.

    Bashore’s background exemplifies adaptability. She explains how her role at IBM involved solving technical conflicts, which led her to study law and become a trial lawyer. Eventually, she shifted into operations, helping companies grow and manage risk. Her entry into accounting came through Herbein, where she saw opportunities to bring fresh perspectives to an industry on the verge of transformation.

    "Accounting is becoming more about advisory services and helping clients succeed beyond just tax returns and audits," she remarks. "I’ve done that with software, law, and banking. Now, I get to help a firm expand into new areas."

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