William Buck has confirmed that Junaide Latif stepped into the role of managing director of its Brisbane firm on 1 July 2017.
Mr Latif replaces Andrew Cranstoun stepped down from the position after 13 years but remains with the firm in a consulting role.
Prior to taking the managing director reins, Mr Latif was a director of the audit and assurance division at William Buck since 1999, working with a diverse range of clients from large proprietary companies to listed entities.
Speaking to Accountants Daily, Mr Latif said that there are specific industries and service lines that he plans to focus on over the next 12 months.
“We plan to focus on our current areas of strength being the medical industry and property and construction industries. These are industries that have benefitted significantly in recent years from using a trusted advisor to help them identify new opportunities for growth within their businesses,” Mr Latif said.
“We have recently added a wealth advisory arm to the practice and our corporate advisory division continues to grow. We are developing an IT audit service line to complement our existing assurance service. We will also focus on our strategic planning and succession planning services.
Looking at the broader accounting profession Mr Latif sees change on the horizon.
“I believe there will be ongoing consolidation as smaller firms face succession planning issues,” Mr Latif said.
“The continued move towards advisory rather than the traditional compliance services will also help to create new opportunities for innovative firms.”
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