Player FM - Internet Radio Done Right
Checked 1d ago
Lagt til seven år siden
محتوای ارائه شده توسط Bill Sheridan of MACPA. تمام محتوای پادکست شامل قسمتها، گرافیکها و توضیحات پادکست مستقیماً توسط Bill Sheridan of MACPA یا شریک پلتفرم پادکست آنها آپلود و ارائه میشوند. اگر فکر میکنید شخصی بدون اجازه شما از اثر دارای حق نسخهبرداری شما استفاده میکند، میتوانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
Player FM - برنامه پادکست
با برنامه Player FM !
با برنامه Player FM !
پادکست هایی که ارزش شنیدن دارند
حمایت شده
With an estimated 100,000 tourists heading to New Orleans for Super Bowl LIX, we’re exploring a classic American pastime: the tailgate. Most people think of tailgating as a time for sharing beers and team spirit. But in this episode, we find out why tailgating motivates so many people to travel — and get to the heart of its culture. Learn about your ad choices: dovetail.prx.org/ad-choices…
Future-Proof
علامت گذاری همه پخش شده(نشده) ...
Manage series 2416589
محتوای ارائه شده توسط Bill Sheridan of MACPA. تمام محتوای پادکست شامل قسمتها، گرافیکها و توضیحات پادکست مستقیماً توسط Bill Sheridan of MACPA یا شریک پلتفرم پادکست آنها آپلود و ارائه میشوند. اگر فکر میکنید شخصی بدون اجازه شما از اثر دارای حق نسخهبرداری شما استفاده میکند، میتوانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
How should you future-proof your organization and your career in a complex and chaotic world? Host Bill Sheridan, thought leader with the Maryland Association of CPAs, gets answers from some of today's most forward-thinking thought leaders.
…
continue reading
200 قسمت
علامت گذاری همه پخش شده(نشده) ...
Manage series 2416589
محتوای ارائه شده توسط Bill Sheridan of MACPA. تمام محتوای پادکست شامل قسمتها، گرافیکها و توضیحات پادکست مستقیماً توسط Bill Sheridan of MACPA یا شریک پلتفرم پادکست آنها آپلود و ارائه میشوند. اگر فکر میکنید شخصی بدون اجازه شما از اثر دارای حق نسخهبرداری شما استفاده میکند، میتوانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
How should you future-proof your organization and your career in a complex and chaotic world? Host Bill Sheridan, thought leader with the Maryland Association of CPAs, gets answers from some of today's most forward-thinking thought leaders.
…
continue reading
200 قسمت
Alle episoder
×In this episode, I speak with Mark Koziel as he steps into his new role as CEO of the AICPA, succeeding Barry Melancon, who led the organization for nearly 30 years. Mark shares his vision for the profession, bringing a global perspective from his experience at both the AICPA and Allinial Global. We discuss key challenges like talent shortages, technology, and regulatory shifts, as well as the importance of community and keeping the profession strong for future generations. From private equity risks to new opportunities, Mark sees every challenge as a chance for growth. Whether you're a CPA, student, or leadership enthusiast, this conversation is packed with valuable insights. Resources : Mark Koziel LinkedIn Profile Journal of Accountancy article, " Mark Koziel to become CEO of the Association of International Certified Professional Accountants ", by Kim Nilsen…
Client Advisory Services (CAS) has become one of the most profitable and in-demand service lines in accounting, with revenues surging 17% in two years. Amy Bridges, Senior Manager of Practice Development at CPA.com, unpacks key findings from the latest CAS Benchmark Survey, revealing how top firms achieve $250,000 in median net client fees per professional and why 90% have moved away from hourly billing. From pricing strategies to scaling advisory services, this conversation offers actionable insights for firms looking to maximize CAS growth. Resources: CPA.com’s 2024 CAS Benchmark Survey Amy Bridges, LinkedIn Profile…
Maryland's General Assembly is in session, facing a significant budget deficit. In this episode, State Senator Brian Feldman, CPA, breaks down the tough decisions ahead, including the potential taxation of professional services. He emphasizes why legislative advocacy is crucial for CPAs, who can influence tax policy and business decisions. Senator Feldman also explains how Maryland’s legislative process is accessible, offering CPAs a chance to make a real impact. We also discuss how Maryland’s economic, energy, and environmental policies will shape the future, making it vital for CPAs to be involved. Resources: Brian J. Feldman, Maryland State Senator MACPA's annual CPA Day in Annapolis MACPA editorial, " Fiscal concerns dominate Maryland's 2025 legislative session ", by Bill Sheridan…
What’s next for CPAs after the election? I sit down with Lauren Pfingstag Vahey, AICPA’s Director of Congressional and Political Affairs, to explore the impact of a new president and Congress on the profession. We discuss the future of the Tax Cuts and Jobs Act, potential new tax legislation, and the recent IRS funding boost from the Inflation Reduction Act. Lauren also shares insights on the possible restructuring of the PCAOB under SEC oversight and offers advice on how CPAs can stay actively engaged in legislative advocacy. Tune in to this essential conversation to navigate the evolving political and regulatory landscape. Resources Lauren Pfingstag Vahey LinkedIn Profile AICPA Congressional and Political Affairs Team…
AI is the new social media—exciting, risky, and in need of guardrails. In this episode, we explore what makes a good AI policy and how to navigate the powerful tools reshaping our world. From confidentiality to data reliability, we cover key considerations for using AI responsibly. Joining the conversation is digital strategist Maddie Grant from Propel. She shares insights on crafting effective AI policies, testing their strength, and understanding where we stand in this fast-moving AI era. Tune in for essential guidance on shaping AI policies that protect and empower your organization. Resources Maddie Grant, Culture Designer & Digital Strategist at Propel Journey of Accountancy article, " Generative AI and risks to CPA firms " by Sarah Beckett Ference, CPA…
In this episode, we explore how your business model might be evolving, whether you realize it or not. Technology, demographics, and regulation are driving change across industries, and for business and CPA firm leaders, the big question is: how do we stay relevant? I’m joined by Lisa Simpson, VP of Firm Services at the AICPA, to discuss the "Transforming Your Business Model" initiative, launched by the AICPA's Private Companies Practice Section (PCPS). This project helps firms identify outdated aspects of their business model and offers solutions across five key areas: governance, strategy, service offerings, talent, and technology. We take a deeper look at how this transformation can shape the future of your firm. Resources: Lisa Simpson, VP of Firm Services, AICPA LinkedIn Profile Transforming Your Business Model by AICPA's Private Companies Practice Section (PCPS)…
In this episode, we tackle the talent puzzle and discuss steps to secure the future of the accounting profession. I sit down with Lexy Kessler, Vice Chairman of AICPA and Mid-Atlantic Managing Partner at Aprio and member of the National Pipeline Advisory Group (NPAG), to dive into the finalized "Accounting Talent Strategy Report" and its bold solutions to the profession’s talent challenges. Lexy shares insights on how the report’s key themes have been well-received, and we explore trends like three-year bachelor's programs and shifting education preferences. We also break down the report’s six recommendations, from retooling education to evolving business models. Lexy also speaks to the importance of collaboration and grassroots efforts like the National Pipeline Pledge. Tune in to hear our full conversation about this report and it's implications for the future of our profession. Resources NPAG’s Accounting Talent Strategy Report Lexy Kessler CPA, CGMA Proposed “CPA Competency-Based Experience Pathway” from AICPA and NASBA National Pipeline Pledge…
In this episode, we discuss the need to change the narrative around what it truly means to be a CPA. I’m joined by Carla McCall, the 2024-25 Chair of the AICPA, to explore how the accounting profession can attract new talent by focusing on purpose and passion rather than just tasks and hours. By highlighting the “why” behind accounting—what makes it exciting, meaningful, and impactful—we can inspire the next generation to see the true value of a career in this field. Carla’s views perfectly align with the MACPA’s “Purpose of a CPA” campaign, which encourages CPAs to share their personal stories and what drives them. We also discuss her plans for the year, insights on the industry’s future, and her leadership approach. Don’t miss this insightful conversation with a leader committed to showcasing the true purpose and value of the CPA profession. Resources: Carla McCall, CPA, CGMA, Managing Partner at AAFCPAs Journal of Accountancy article, " New AICPA chair: ‘We need to promote the cool work we do ", by Mari Sagedal MACPA's Purpose of a CPA: Share Your Why…
This week, we're tackling a challenging yet crucial topic: when and how to fire a client. Some clients can end up costing more in time, effort, and frustration than the value they provide. Letting them go can sometimes be the best decision for your business. However, this process is not to be taken lightly—there are numerous pitfalls to avoid and best practices to follow. Thankfully, there are plenty of resources to make it easier. Joining me this week is Robert Albertini, an account manager at Aon, which has been a longtime partner of MACPA. With over 25 years of industry experience, particularly in professional liability, Robert will share his insights and expertise on managing client relationships and knowing when it’s time to part ways. Resources: MACPA Preferred Providers Robert Albertini LinkedIn Profile Aon partner landing page…
In this episode, we honor the remarkable career of Alvin Katz, Co-Founder & Director of KatzAbosch, a firm he helped build from the ground up in 1969 into one of the largest CPA and business consulting organizations in the Mid-Atlantic. As Alvin retires after 55 years at the helm, he shares his journey, the evolution of the profession, and the lasting impact of KatzAbosch on the Maryland community. Join us for an insightful conversation on building a lasting firm, embracing change, and the future of accounting and finance. Resources Alvin Katz, Co-Founder & Director of KatzAbosch Alvin Katz LinkedIn Profile…
This week's episode is about TRUST. We must rely on trust as we navigate change. Our guest is Barry Melancon, who will be retiring as long-time President and CEO of AICPA as of December 31, 2024. Barry has been the "face" of the profession for decades. This transition is another example of great change in our profession. Since Barry has been leading change, and has been teaching our profession to navigate shifts, we are all better prepared even for this particular moment in our profession. Join us as we talk about the state of the profession, what's next for CPAs, and what's next for Barry himself. A true visionary and thought leader, Barry gives us his wisdom on trust, change, and the future. Resources Preferred Providers: macpa.org AICPA& CIMA: aicpa-cima.com Barry Maloncon on LinkedIn: linkedin.com/in/barry-melancon-cpa-cgma/…
This week, we're diving back into the world of AI to uncover some practical ways this technology can take over tasks that are consuming too much of your time. At a recent MACPA Town Hall, 64% of accounting professionals admitted they haven't tried generative AI tools. Many might think they're not using AI at all, but the reality is they're likely interacting with it daily through virtual assistants, shopping recommendations, music playlists, facial recognition, and more. To help us embrace AI more actively, we speak with Ashley Francis, a seasoned CPA, Microsoft MVP, featured speaker, and passionate AI advocate. Ashley provides insights and tips on seamlessly incorporating AI tools into your daily workflow. Through her newsletter and series of classes, "Kitchen Table Automations", she simplifies the integration of AI, making it more accessible and user-friendly for accounting professionals. Listen to gain some practical, actionable advice to harness AI in your professional life. Resources Harvard Business Review article, " How People Are Really Using GenAI " by Marc Zao-Sanders Mashable article, " I spent a week using AI tools in my daily life. Here's how it went. " by Cecily Mauran Ashley Francis, CPA: LinkedIn Profile The Francis Group, PLLC Kitchen Table Automations Newsletter…
A decade ago, there were predictions that certain accounting jobs would be replaced by automation. Now, in the age of AI, we're still here and thriving. Today's conversation focuses on how we can collaborate with technology to enhance our work and deliver greater value to clients. To delve into this topic, I spoke with Andrew Hatfield, Co-Founder and Chief Growth Officer of SafeSend, a long-time partner of MACPA. He and his team have released a paper discussing the role of AI, the importance of strengthening tech stacks in accounting firms, the shift from e-sign to e-file, the benefits of integrations and APIs, and the concept of a "single pane of glass"—a unified management console displaying data from multiple sources. Andrew and I discussed how client expectations have evolved, and how the technologies and predictions in SafeSend's paper can improve relationships between firms and their clients, as well as the CPA's role in this transformation. Resources: SafeSend paper, " Top 7 Predictions for Tax Automation in 2024 " by Andrew Hatfield & team SafeSend Andrew Hatfield LinkedIn Profile Oxford Martin School article, " The Future of Employment: How susceptible are jobs to computerisation? " by Carl Benedikt Frey & Michael Osborne Thomson Reuters report, " 2024 generative AI in professional services " CPA Practice Advisor article, " Most Tax Pros, Corporate and Public, Believe AI Should Be in Their Toolbox " by Isaac M. O'Bannon…
Today we're touching on the AI subject once again - something we'll likely be talking about for some time given the projections about how this technology will turn the accounting profession on it's head. A recent Thomson Reuters report shows many within our industry are already using AI tools and there is growing optimism about AI's role in the industry. While many accounting and finance professionals feel prepared to integrate AI, a significant number of CPAs remain unfamiliar with the technology. These professionals will need knowledgeable leaders to guide them. One such leader is with us today: Kacee Johnson, Vice President of Strategy & Innovation at CPA.com. Kacee will share her insights on AI in accounting, discussing CPA.com’s generative AI toolkit, practical use cases, initial steps for CPAs, and potential challenges in adopting AI technologies. Join us for an insightful conversation to gain valuable guidance on leveraging AI in your accounting practices. Resources Thomson Reuters report, " 2024 generative AI in professional services" CPA Practice Advisor article, " Most Tax Pros, Corporate and Public, Believe AI Should Be in Their Toolbox ", by Isaac M. O'Bannon Deloitte Center for Controllership poll CPA Practice Advisory article, " C-Suite is Optimistic About GenAI Use Within Finance and Accounting, Deloitte Says ", by Jason Bramwell Kacee Johnson AICPA profile AICPA digital resource, " CPA.com Generative AI Toolkit "…
In this episode, we're continuing our focus on the pipeline issue but this time we're looking at it's impact on corporate America specifically. Companies, big and small, are citing a shortage of skilled accounting personnel for weaknesses in financial reporting controls. This deficiency is a significant predictor of potential restatements of financial statements, affecting not only CPAs and firms but also investors. Dr. Rebecca Hann, Assistant Dean of Doctoral Programs at the Robert H. Smith School of Business, discusses her recent study, "The Price of an Accountant Shortage: Evidence from Job Vacancy Duration and Internal Control Weaknesses." We explore the study's key findings, including correlations between the shortage of accounting talent and the frequency and severity of internal control deficiencies, as well as the duration of job vacancies in accounting roles. Additionally, we consider the role of purpose, the "why" behind we do, in addressing this issue. Tune in for this crucial conversation on the profound impact of the accounting profession's challenges. Resources Wall Street Journal article, " The Accountant Shortage Is Showing Up in Financial Statements " by Mark Maurer Accounting Today article, " The U.S. is short 340,000 accountants—just look at the wave of earnings report mistakes " by Jo Constantz UMD Robert H. Smith School of Business, Dr. Rebecca Hann webpage Dr. Rebecca Hann Scholarly Papers Dr. Rebecca Hann LinkedIn Profile…
This week, we're diving into a well known, critical issue gripping our profession: the shortage of CPAs. It's a widespread challenge impacting businesses, causing staffing gaps, burnout, and compromised client service. The scarcity of expertise has escalated workloads, hindered recruitment and retention, and even led some firms to decline work due to insufficient manpower. To combat this, many organizations are resorting to measures like increasing compensation and offering more flexible work arrangements. The profession is undergoing a transformation to adapt and survive. The ramifications extend beyond the accounting realm, influencing how businesses operate at large. Solutions are being sought across various fronts, including regulation, education, and cultural shifts. At the forefront of these discussions is our guest, Lexy Kessler, Mid-Atlantic Regional Leader and Partner at Aprio as well as a former chair of MACPA Board of Directors, who now chairs the National Pipeline Advisory Group. This group is spearheading efforts to formulate a unified strategy to address the talent shortage, leveraging unbiased research and stakeholder input. They've launched a national survey to gather insights and ideas for tackling this issue head-on. In our conversation, we delve into the progress of this initiative, its timeline, potential outcomes, and the individual CPA's role in bolstering the pipeline Resources: Financial Executive International article, " Navigating the Accounting Talent Shortage: Strategies for Business Growth and Efficiency " by Justin Smith Forbes article, " Accountants Are Turning Away Work—Hurting Firms And Small Businesses " by Hitendra Patil CFO Dive article, " Auditors say accountant shortage ramps up work pressure: CAQ " by Jim Tyson Lexy Kessler, CPA, CGMA, Mid-Atlantic Regional Leader & Partner at Aprio Lexy Kessler LinkedIn Profile National Pipeline Advisory Group: Pipeline Survey…
We've spent a good amount of time discussing new technology (A.I. in particular) and what it all means for CPAs and our profession. However, amidst these discussions, we've overlooked the strategies for implementing broader changes, including new technology, ideas, mindsets, and work processes. After browsing numerous articles, I came across a resonating approach: asking our organization, "What do we need? What problems are we trying to solve?" Then, we develop a plan, train others, and launch. This problem-focused strategy prioritizes identifying our challenges and leveraging new technologies to address them. My guest is believes in this same approach: Will Hill, founder and owner of Will Hill Consults, a coaching and consulting firm serving the tax and accounting profession. Will emphasizes that understanding the problems we aim to solve can lead us to realize that the solution may not be what we thought (i.e. A.I.). The journey begins with identifying the problem, not the technology. Listen as we discuss the questions critical for our internal teams and clients. Resources: Will Hill Consults Calculated Research & Technology (CR-T) article, " How to Implement New Technology in Your Organization " Big Think article, " 7 Essential Strategies for Adopting New Technologies" Information Week article, " 4 Tips for C-Suite Leaders to Accelerate Tech Wealth ", by Andy Tay…
My guest this week is Dr. Britt Andreatta, who has been a guest of this podcast before (check out ep. 163). Dr. Andreatta is a internationally-recognized thought leader and author who creates brain science-based solutions for today's challenges. Her most recent book is called, "Wired to Become: The Brain Science of Finding Your Purpose, Creating Meaningful Work, and Achieving Your Potential". Her work relates directly to the "why" behind accounting - our purpose as CPAs. When it comes to the talent shortage, we believe connecting students and young professionals to that purpose will help grow our profession and secure our future. By re-centering on our core values and making our work engaging and meaningful, we can attract individuals who are eager to make a real difference. Join me in a conversation with Dr. Andreatta, an expert in the research on the significance of discovering one's purpose. We'll explore how our profession stands to gain from a renewed emphasis on the purpose behind our work. Resources Britt Andreatta website " Wired to Become: The Brain Science of Finding Your Purpose, Creating Meaningful Work, and Achieving Your Potential " by Britt Andreatta CPA Practice Advisory article, " Where Have All The Accountants Gone? " by Garrett Wagner…
We've had some great conversations recently about A.I.; what it means for our profession and how to integrate it into our work. This week, I talk to Jason Staats, who has been on the leading edge of A.I. and has a wealth of knowledge to share with CPAs about this new technology. Jason's main message about A.I. is that as groundbreaking and game-changing as A.I. is, it doesn't necessarily mean our profession will change radically at it's core. A.I. is a tool we can use in service of what our profession is charged to do. CPAs do what we're trained to do - that will not change. What we do need to do is ramp up our curiosity about these new tools and how they will allow us to better serve our customers. Instead of trying to force A.I into every aspect of our work, a better approach comes by asking what problem we are trying to solve and how at all can A.I. can help. Resources: CPA Australian article, " Generative AI in business: how to navigate the ethics " by Susan Muldowney Jason Staats LinkedIn Profile Jason Daily Podcast Jason Daily YouTube Channel…
In this episode, we welcome another longtime friend of MACPA, leadership expert and author of the new book, "T his is NOT a Leadership Book: 20 Rules for Success ", Emmanuel Gobillot. Emmanuel has been my go to source for all things leadership for many years. I speak to him about leadership as it relates to recruitment and retention, which is top of mind for everyone these days. Where do we find new CPAs? How can we get students interested in accounting again? It's important for leaders to express why our profession is important and why our work matters - that "why" is what is going to get young people excited about a future career in accounting. The focus of many employees entering the workforce is their role in society, their purpose, and finding institutions that match their outlook. Those in leadership need to personify that "why" and start changing the narrative about this profession. Begin by understanding your organization's higher purpose; it should be aspirational and authentic. Emmanuel spends a lot of time in his latest book speaking to authenticity, why it actually might be overrated UNLESS it's inline with your intent, your purpose, and the needs of your team. Listen in as we dive deep into his 20 rules to success and more. Resources: Emmanuel Gobillot website | LinkedIn | X This is NOT a Leadership Book , by Emmanuel Gobillot Forbes article, How To Attract And Retain Top Executive Talent Through Purpose , by Karen Greenbaum…
We're once again joined by Pascal Finnette, co-founder and chief heretic of be radical. Be radical is a guiding force for organizations seeking to restructure in anticipation of future challenges, and it inspires individuals to evolve into leaders prepared for the demands of tomorrow's world. I've engaged in numerous discussions with Pascal about shifting mindsets and embracing disruption. In this episode, we delve deeper into the realm of artificial intelligence, seamlessly continuing our exploration from the previous episode featuring Don Tomoff on how CPAs can initiate their journey with A.I. Pascal recently delivered a thought-provoking address at the digital CPA conference, asserting, "Companies and individuals leveraging A.I. won't just outperform those who refrain from its use; they will exponentially surpass them." Similar sentiments have echoed lately, urging us to harness the power of A.I. to our professional advantage. The expectations surrounding the transformative impact of this technology on our work, lives, and the world are immense. While most c-suite executives anticipate cost savings this year through A.I.'s contributions to increased productivity, streamlined operations, improved customer service, and enhanced I.T., it's essential to recognize that A.I. cannot entirely replace human expertise in addressing the intricacies of tax and financial assessment problems. Many of the cutting-edge technologies developed by vendors are still works in progress. Despite ongoing refinement needs, the utilization and potential of A.I. are experiencing rapid growth, making it an undeniable game changer. In my conversation with Pascal, we explore how A.I. has already reshaped our work and lifestyles. We discuss the challenge of regulating A.I., the first steps CPAs should consider when integrating A.I. into their business, and focus on what isn't going to change. Resources: Pascal Finette website be radical. website Boston Consulting Group article, " From Potential to Profit with GenAI " by Jessica Apotheker, Sylvain Duranton, Vladimir Lukic, Nicolas de Bellefonds, Sesh Iyer, Olivier Bouffault, and Romain de Laubier ZDNet article, " Using ChatGPT for Accounting? You May Want to Think Again " by Rajiv Rao…
It's great time to talk about A.I. - the 1 year anniversary of ChatGPT just passed which set this whole artificial intelligence ride in motion. While A.I. has been around since the 1950s, it's exponential growth is really marked this past year both with the release of ChatGPT and Google's announcement of their own A.I. model, Gemini. Not long after, lawmakers in the European Union approved the A.I. Act which sets a new global benchmark for countries seeking to harness the benefits of A.I. while trying to protect against it's possible risks such as automating jobs, speaking misinformation, and endangering national security. While I was at the 2023 Digital CPA Conference, I gained some great tips from sources about how A.I. "newbies" can get started in meaningful and productive ways. Here are some simple steps from keynote speaker, Pascal Finette: Learn about it - simple enough but important to fill the gap between what we know and what we should know (listening to this episode is a great start) Start small and build projects quickly - learn firsthand what is possible with this technology Apply your experience to larger projects - use those smaller projects to inform what you can do with larger projects (crawl. walk. run.) Another step-by-step resource to get you started is the "Generative A.I. Toolkit" for CPAs, recently released by CPA.com, which includes 7 steps for building your A.I. strategy: Experiment Focus on the near term Consider client expectations Research what solution providers are building Define acceptable use Put the technology's best feature to work Ensure that humans maintain a key role in the process These tips are a great foundation for our episode this week as I speak with Don Tomoff, Director at Invenio Advisors, LLC and longtime friend of MACPA. Don shares his wealth of knowledge and experience in the field of A.I. and explains which steps CPAs should take right from the outset. Resources Wired article, " Google’s Gemini Is the Real Start of the Generative AI Boom " by Will Knight Generative A.I. Toolkit from CPA.com Don Tomoff, LinkedIn Profile…
This week, we have a longtime friend on the show, Jack Ciesielski, CFA, CPA, MACPA member and owner of investment research firm R.G. Associates. Jack was recently quoted in a Wall Street Journal article about former inspectors who are calling for updates in the U.S. public-company auditing process. There are claims that while inspections are a useful tool to detect potential deficiencies in public companies, the reports are limited in scope, lacking details, and not released in a timely process. I speak to Jack about the PCAOB's investor advisory group - what it is and what it does, along with some of the biggest issues related to auditing that investors are concerned about. He also shares his thoughts about the issues presented in the WSJ article and what should be done to better help investors. Listen in to this timely conversation! Resources: R.G. Associates, Inc. Jack Ciesielski LinkedIn Profile Wall Street Journal article, "Former Inspectors of Public-Company Audits Say Process Needs Retooling", by Mark Maurer PCAOB SPOTLIGHT, Staff Update and Preview of 2022 Inspection Observations…
This week's conversation is all about leadership, or more exactly "reality-based leadership". As we know, there's always drama in the workplace between management and other team members which can lead to a loss of enthusiasm for work and trust. I speak to Alex Dorr, VP of People Evolution about the most comment causes of workplace drama, the role leaders play in alleviating these issues, and what CPA leaders should be doing to get past this drama. Listen as we talk about all the stuff that goes beyond the water cooler. Resources Reality-Based Leadership Website Alex Dorr LinkedIn Profile Fast Company article, " These are the most common roots of workplace drama " by Patti Perez…
This week, we meet a new leader for new times: Okorie Ramsey, the new chair of AICPA. He's a CPA, CGMA, and currently the VP of SOX at Kaiser Foundation Health Plan, Inc. and Hospitals. Okorie plans to continue to build upon the platform of the most recent past chair of AICPA, Anoop Mehta, by helping others grow personally and professionally, driving DE&I initiatives and preserving trust in the profession. In addition, he plans to face our newest challenges, namely the rapid advancement of technology and our continuing challenge of filling our talent pipeline - making sure our profession remains viable. With these challenges in mind, Okorie has a 3-pronged agenda: Innovation to advance the profession Instilling integrity and trust into sustainability Supporting the next generation and giving them advanced opportunities to succeed I was fortunate enough to dive into these 3 priorities in depth with Okorie, discussing what the future holds for accounting & finance professionals. Resources Okorie Ramsey, CPA, CGMA, PMP, NACD.DC Linkedin Profile AICPA-CIMA news article, " New AICPA Chair Looks to Foster Innovation and the Next Generation "…
Episode 200! Thanks to all the listeners here to celebrate this milestone. In this episode we're talking about the coming tax season (never too early right?). A lot of tax headlines to discuss this episode: IRS announces that this coming filing season, taxpayers may be able to file most documents and returns electronically and by 2025 the IRS will digitize all paper file returns when they are received IRS might push for an early end to the employee retention tax credit as the number of "legitimate claims" declines Treasury Inspector General for Tax Administration says that while the IRS has done a good job of addressing cyberthreats, it needs to do a better job with documentation New tech being built called IVIX, the first AI powered platform to help governments address financial crimes and tax evasion Tax prep companies like H&R Block and TaxSlayer have for years been sharing Americans sensitive financial data with tech giants like Meta and Google in a potential of violation of federal law I speak with Steven Lyon, Senior Manager, Product Specialists with SafeSend to discuss all these updates and how to meet challenges as practitioners. Resources Steven Lyon LinkedIn Profile AP News article, " IRS aims to go paperless by 2025 as part of its campaign to conquer mountains of paperwork" , by Fatima Hussein Accounting Today article, " IRS good at addressing cyberthreats, but not documenting them " by Chris Gaetano IVIX website CNN article, " Tax prep companies shared private taxpayer data with Google and Meta for years, congressional probe finds ", by Brian Fung…
Talking about Client Advisory Services, widely known as "CAS", this week; specifically spend management. Spend management goes beyond expense management in that all company funds are brought together in one centralized location so finance leaders have full visibility to set, track, and control spend before it occurs. These spend management capabilities provide a better understanding about spending patterns, leading to more valuable client interactions and growth for firms. To find our more about spend management trends and how firms can get started with these services, I speak to Jyson Brannon, VP of Sales & Partner Services at CPA.com and Dan Luthi, Partner at Ignite Spark Accounting. Resources Accounting Today article by Kalil Merhib, " Voices Spend management: An approachable CAS opportunity" CPA.com Expense & Spend Management Survey Report Jyson Brannon, LinkedIn Profile Dan Luthi, LinkedIn Profile…
Today's show we talk about remote work, hybrid work, talent shortage, and everything in between. Since COVID, many futurists felt remote work was here to stay as "the new normal" and many employees felt a certain power in being able to request working from home. However, there were some large organizations that began to require employees come back to the office full time even though studies showed employees not only preferred remote work but were just as productive working from home. Now, we're seeing that there can be a balance between the extreme of employers demanding working in the office and employees demanding they work from home full time. Hybrid work arrangements are now offered by the majority of companies which offers a sort of "truce" between employers and employees. My guests this week are seeing this same harmony in hybrid work; Alex Kirillov and Jim Brady are executives who have noticed better collaboration, stronger culture, and clearer communication when companies strike the balance between coming into the office and working from home. Here's our conversation about how to make room for both. Resources: Business Insider article, " Here's a list of major companies requiring employees to return to the office " by Shana Lebowitz, Marguerite Ward, Emily Canal, Rebecca Knight, and Alexandra York Fortune article, " Bosses and workers are finally reaching a ‘truce’ on remote work " by Alicia Adamczyk Flex Report by Scoop, Companies by Office Requirement Alliant Group…
In this episode, I get a chance to talk with Christine Aspell, the newly appointed chair of MACPA's Board of Directors. MACPA has a long history of pulling in leaders with some of the best diversity of thought in their profession. We lean on these leaders not only to help MACPA serve members but also help our profession flourish as a whole. Christine is Managing Partner and Audit Partner at KPMG's Baltimore office, with 25+ years of experience providing assurance services to clients. She is passionate about the future of this profession, particularly when it comes to diversity & inclusion, advancing women in the profession, and helping the talent pipeline leading to profession. The pipeline is a huge concern as of late and multiple solutions have been proposed centering around education and regulatory requirements. Christine is taking a different tact; she wants to reconnect CPAs with a purpose behind their work and to share that purpose with students and young professionals who are hungry for work with meaning. "Our profession continues to change rapidly as technological advancements and regulatory changes and demographic trends reshape what we do and how we do it, but even amid that change, one thing remains constant: our purpose. The what, how, and even who of our great profession will adapt and change, but what won't change is our why." says Christine. Christine is hoping to collect and share stories about how CPAs help their clients who in turn help their communities; how CPAs help people lead better lives. These are the stories that will inspire others to become a part of this profession. Listen to learn more about this initiative and to hear Christine's own inspirational story. Resources Christine Aspell, MACPA Chair of Board of Directors, Announcement Christine Aspell LinkedIn Profile…
This week I speak with my friend, Joey Havens, Partner for Strategic Growth and previously Executive Partner at HORNE LLP. Joey runs an executive blog, Be Better, filled with advice about being a better leader, better person, be future-ready, and how to flourish in a changing world. Recently, he became a best selling author with his book, "Leading with Significance: How to Create a Magnetic, People-First Culture". People-first is the right tactic to take these days given issues with burnout and retention. It's also been noted that customer satisfaction is intrinsically tired to employee satisfaction; you'll see more success in your business if you consider the professional fulfillment of your team. Keep in mind, it's not just about caring for your employees, it's about helping them forge a meaningful, purposeful career path. By "them" we're being inclusive of gender, races, identities, and backgrounds. I speak with Joey about his book and what it really means to "lead with significance"; what this adds to conversation about putting people first and how so-called soft concepts like love, caring, service can actually be some of the most powerful leadership strategies around. Resources Joey Havens Website "Leading with Significance" by Joey Havens, available on Amazon Joey Havens LinkedIn…
به Player FM خوش آمدید!
Player FM در سراسر وب را برای یافتن پادکست های با کیفیت اسکن می کند تا همین الان لذت ببرید. این بهترین برنامه ی پادکست است که در اندروید، آیفون و وب کار می کند. ثبت نام کنید تا اشتراک های شما در بین دستگاه های مختلف همگام سازی شود.