14. Transforming Leadership in Accounting with the RACI Matrix

In this episode of "The Practicing Accountant," the guys introduce the RACI Matrix (Responsible, Accountable, Consulted, Informed), a tool to help accounting professionals delegate tasks and transition from client-facing roles to leadership positions. Doug discusses the common challenge of experienced professionals being unable to step back from client work and emphasizes the importance of clear communication and training replacements. They explain how accountants can move from being "players" to "coaches" and eventually "spectators", allowing them to focus on higher-level tasks and strategic growth. For more resources, visit thepracticingaccountant.com.