CPA Horizons 2025 for Academy of Accounting Historians

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"Never be afraid to seek inspiration in your past" - Update of the CPA Horizons 2025 Project by the AICPA for the Academy of Accounting Historians at University of Maryland.

Business

Future Forum

2011 AAH Research Conference
Modern Perspectives of Accounting History: 125 Years
of the American Institute of Certified Public
Accountants 1887-2012

Presented by Tom Hood, CPA
CEO
Maryland Association of CPAs

University of Maryland
June 2, 2011

Why are we here?

The tornado of changes from CPA Vision Project circa 2000

“It is not the strongest of the
species that survives, nor the
most intelligent, but the one
most responsive to change.”
Source: Charles Darwin

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Never be afraid to seek
inspiration in your past.
Source : Bill Taylor – Founder of
FastCompany Magazine

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What we hope to accomplish

> The wisdom of the crowd!
> Identification of the most important trends facing the
CPA profession in the future (2025)
> Crowd-Filtering of the trends with the time to address
as now
> Creating our Vision for 2025 by revisiting the CPA
Vision 2011 created in 1998 and recommending any
changes including Vision, Purpose, Values and Top 5
Services and Top 5 Competencies
> Insights to Go – Your takeaway of insights back to
your organizations or to use with your own career – a
takeaway to help you strategically think about the
future

© 2011 American Institute of CPAs

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360° World View

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Insight: Top Trends to
Watch

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CPA Vision 2011

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is a custom i2a application designed and developed by BLI and SBI • www.bizlearning.net © 2011 “CPA Horizons 2025.” All rights reserved. 10

is a custom i2a application designed and developed by BLI and SBI • www.bizlearning.net © 2011 “CPA Horizons 2025.” All rights reserved. 11

is a custom i2a application designed and developed by BLI and SBI • www.bizlearning.net © 2011 “CPA Horizons 2025.” All rights reserved. 12

“The use of history is to give value
to the present hour and its duty.”

Ralph Waldo Emerson

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“The future is like a corridor into which we
can see only by the light coming from
behind.”

Edward Weyer Jr.

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Tom Hood, CPA.CITP
CEO
Maryland Association of CPAs
Business Learning Institute
(443) 632‐2301
E‐mail tom@macpa.org
Web http://www.macpa.org
Blog http://www.cpasuccess.com
http://www,bizlearningblog.com

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What are the Top Competencies (Knowledge, Skills and Abilities) needed by CPAs, Accounting and Finance Professionals today? The Business Learning Institute shares its latest research and correlates it with other leading global research (Conference Board, AICPA, CGMA, IFAC, CPA Canada, Burrus Research, Bersin by Deloitte). These skills were identified and then surveyed across over 1,000 finance and accounting professionals to identify the top five skills needed today. In our survey work at the Business Learning Institute (http://www.blionline.org) we found that the top five skills ranked by survey respondents covered 75% or everyone's top five list, providing a great starting point for skills development and targeting in talent development. 1. Strategic and Critical Thinking 2. Communication 3. Anticipating and serving evolving needs 4. Inspiring and motivating others 5. Collaboration and mobilizing consensus BLI also developed a framework, called The Bounce to describe the career trajectory of today's finance and accounting professional. The Bounce is the natural career trajectory for accounting and finance professionals. It talks about the process of acquiring technical mastery in the early career and beginning to supplement wit the critical skills (competencies) needed for long-term success. BLI has been leading the training and development of accounting and finance with these ‘success skills’ for eighteen years. The Business Learning Institute (BLI) is the largest talent development and and learning provider to CPAs, accounting and finance professionals in the US. We bring our leading approach to ‘success skills’ and competency-based curriculums to the leading organizations, public companies and CPA firms all over North America.

Competencies for Accounting and Finance Professionals - 2016 Edition

Tom Hood, CPA,CITP,CGMA

We tend to think of “innovation” in terms of new technology – gadgets, hardware, new apps, and software. But true innovation more often comes in the form of new business models, workflows, service offerings, and office and staffing patterns. This session will center on those innovations that are significantly impacting our firms and our clients. You never know where innovation might sprout! This session was produced for the DCPA15 Conference in Las Vegas.

Innovation is Not Just for Technology Companies Anymore

Tom Hood, CPA,CITP,CGMA

A recent HBR special edition headline said "Got to war for talent", but how. BLI has developed a guidance and a six step process to give you new weapons to win in the war for talent. Our Magnetic Firm framework outlines the critical elements of a magnetic culture and our six step Talent and Leadership Development framework show you how to develop a winning career and curriculum aligned to your overall firm strategy and objectives. This presentation was developed and presented for the Digital CPA Conference in December #DCPA15 The Business Learning Institute can help you build your magnetic firm framework and strategic learning plan - contact us at http://www.blionline.org

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Tom Hood, CPA,CITP,CGMA

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Organizational Transformation Lead with Culture

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karancommunications

Some HCL environments are not utilized to their full extent, and that is unfortunate. If only specific modules (such as Files or Activities) are used in HCL Connections, it is not perceived and experienced as the Enterprise Social Network it truly is. If Sametime is only used for internal chat, you are missing out on integrating tailor-styled web-meeting facilities into your key processes. If an HCL Notes application is not accessible via the web, fewer users will be able to find it. Kick-start your HCL environment with three business cases that are low-hanging fruit. All you need is some (re)thinking and user adoption!

Boost the utilization of your HCL environment by reevaluating use cases and f...

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Organisational success today depends on effective communication and collaboration with individuals from cultures with varying beliefs and practices. Indeed, with the workforce increasingly comprised of people of varying cultural backgrounds, leaders must now prioritise the significance of cultural competence in the workplace. Ensuring cultural competence at every level of your organisation cannot be understated. While cultural disparities can manifest in different ways, as a leader, you must build deep and nuanced cultural competence skills and education to accurately spot, address and alleviate the various scenarios that can arise. Failing to recognise the importance of cultural competence or not acting to improve it can lead to cultural negligence. There are a few things to consider to ensure your organisation is on the right track. In this deck, you'll understand the importance of building cultural competence in the workplace. You'll also learn • The three (3) dimensions of Cultural Competence in the workplace • Key strategies to build a culturally competent workforce • Major benefits you stand to gain by having a culturally competent team.

Cracking the Cultural Competence Code.pptx

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Covid has drastically changed the way people work. Nowadays, many individuals can work wherever and whenever they prefer. However, this shift requires a different strategy for securing your environment. By adopting the Zero Trust principles, based on the 'Never Trust, Always Verify' mindset, you can mitigate these new risks. This session will delve into the concept and provide examples of how various HCL products can fit into this framework, particularly when it comes to building a central user repository and securing your email message flow.

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CPA Horizons 2025 for Academy of Accounting Historians

1. Future Forum 2011 AAH Research Conference Modern Perspectives of Accounting History: 125 Years of the American Institute of Certified Public Accountants 1887-2012 Presented by Tom Hood, CPA CEO Maryland Association of CPAs University of Maryland June 2, 2011

2. Why are we here? The tornado of changes from CPA Vision Project circa 2000

3. “It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.” Source: Charles Darwin is a custom i2a application designed and developed by BLI and SBI • www.bizlearning.net © 2011 “CPA Horizons 2025.” All rights reserved. 3

4. Never be afraid to seek inspiration in your past. Source : Bill Taylor – Founder of FastCompany Magazine is a custom i2a application designed and developed by BLI and SBI • www.bizlearning.net © 2011 “CPA Horizons 2025.” All rights reserved. 4

5. What we hope to accomplish > The wisdom of the crowd! > Identification of the most important trends facing the CPA profession in the future (2025) > Crowd-Filtering of the trends with the time to address as now > Creating our Vision for 2025 by revisiting the CPA Vision 2011 created in 1998 and recommending any changes including Vision, Purpose, Values and Top 5 Services and Top 5 Competencies > Insights to Go – Your takeaway of insights back to your organizations or to use with your own career – a takeaway to help you strategically think about the future © 2011 American Institute of CPAs

13. “The use of history is to give value to the present hour and its duty.” Ralph Waldo Emerson is a custom i2a application designed and developed by BLI and SBI • www.bizlearning.net © 2011 “CPA Horizons 2025.” All rights reserved. 13

14. “The future is like a corridor into which we can see only by the light coming from behind.” Edward Weyer Jr. is a custom i2a application designed and developed by BLI and SBI • www.bizlearning.net © 2011 “CPA Horizons 2025.” All rights reserved. 14

15. Tom Hood, CPA.CITP CEO Maryland Association of CPAs Business Learning Institute (443) 632‐2301 E‐mail tom@macpa.org Web http://www.macpa.org Blog http://www.cpasuccess.com http://www,bizlearningblog.com

16. = Follow me on:  Twitter: http://www.Twitter.com/tomhood  LinkedIn: http://www.linkedin.com/in/tomhood  Facebook: http://www.facebook.com/thoodcpa Plaxo: http://tomhood.myplaxo.com Slideshare: http://www.slideshare.net/thoodcpa Youtube: http://www.youtube.com/thoodcpa Second Life avatar name: Rocky Maddaloni Check our Customized Training Catalog out: http://www.bizlearning.net

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