What does the future hold for accounting students? Why chose a career as a CPA? Should you belong to professional associations? Tom Hood, CEO of the MACPA share his thoughts on the future of the CPA Profession, career opportunities and how professional associations can help protect the CPA career and position you to thrive in this dynamic rapidly changing world/
7. In 1997, the CPA profession crowd-sourced its future with
over 3,500 CPAs in the CPA Vision Project
That was re-validated in 2011 by 8,000+ CPAs
Our core purpose, our reason
for being is
CPAs...
Making sense
of a changing
and complex
Here is what they
said…
world.
8. The DNA of the CPA
Values & Competencies
• Leadership
• Communication
• Strategic Thinking
• Collaboration & Synthesis
• Technologically Savvy
9. Our Vision Statement for the future is:
( mandates to ourselves for a successful future)
CPAs are the trusted professionals who enable
people and organizations to shape their future.
Combining insight with integrity, CPAs deliver value by:
• Communicating the total
picture with clarity and
objectivity,
• Translating complex
information into critical
knowledge,
• Anticipating and creating
opportunities, and
• Designing pathways that
transform vision into reality.
22. According to these young professionals, the
future is one in which CPAs:
● are proactive, flexible, adaptive and
collaborative by nature;
● have regained the trust of their clients and
the public at large;
● have successfully bridged the profession’s
“leadership gap” by focusing on succession
planning, personal growth, and generational
cooperation;
● have created the profession’s premier
global industry standards and best practices;
● have redefined the profession through
work / life integration, collaboration, and a
team-first approach; and
● have earned a reputation as technological
innovators. 22
Wisdom from the MACPA Leadership
Academy http://www.bizlearning.net/live/i2aleadership/
24. MANAGING THE SEA CHANGE
Be the Captain of your own ship!
• Continuous
Learning
• Competency
• Collaboration
=
Career Success
25. A leader’s
job is to set
context and
provide
hope and
inspiration...
25
26. 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
Editor's Notes
http://www.bizlearning.net/live/i2afutureforums/
Get the CPA Horizons Report and the Maryland results along with MACPA’s special RESOURCE CENTER here:http://www.macpa.org/Content/26336.aspx
BLI or the Business Learning Institute was formed in 1999 to develop the learning resources for CPAs to stay ahead of rapidly changing times. We are the largest provider of sift skills or success skills for accounting and finance in the US. We provide e-learning, on-site training, and public programs to CPA firms, companies and organizations all over the world. We developed and run the AICPA’s Leadership Academy and are now running this program in three states in 2012 (Maryland, Utah, and Louisiana) more info at http://www.bizlearning.net/live/i2aleadership