MACPA Accounting Standards Task Force Report - CPAsummit2011
The CPA & Accounting Career - MACPA Student Edition
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Transcript of The CPA & Accounting Career - MACPA Student Edition
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Tom Hood, CPA, CITP, CGMA
Anne Arundel County Community College October 24, 2013
CPA Profession A Career for the Future
2013 Student Edition
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Business Landscape
Main Street Owner begins to delegate “Focus on growth”
Bu26 Million U.S. Small Businesses
Mid-Market Delegation: departments “System thinking”
.6M businesses
24 million
employees
3.2 million businesses 26 million employees
22 million businesses 27 million employees
Personal Businesses Consumer & Business blur
0-5 Employees
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“People don’t buy what you do, they buy why you do what you do.”
-‐ Simon Sinek
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Why MACPA?
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The Future
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30 Future Forums 1,000 CPAs
Identified these top trends
What CPAs think about the future
http://www.bizlearning.net/live/i2afutureforums
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MANAGING THE SEA CHANGE���Be the Captain of your own ship!
• Continuous Learning
• Competency
• Collaboration = Career Success
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It really is about this...
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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
CPAs... Making sense of a changing and complex world.
Our core purpose, our reason for being is
Here is what they said…
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The DNA of the CPA Values & Competencies
• Leadership • CommunicaRon • Strategic Thinking • CollaboraRon & Synthesis • Technologically Savvy
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Our Vision Statement for the future is: ( mandates to ourselves for a successful future)
• CommunicaRng the total picture with clarity and objecRvity,
• TranslaRng complex informaRon into criRcal knowledge,
• AnRcipaRng and creaRng opportuniRes, and
• Designing pathways that transform vision into reality.
CPAs are the trusted professionals who enable people and organizations to shape their future.
Combining insight with integrity, CPAs deliver value by:
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Expects a 16% growth rate in accounting and auditing jobs from 2010
to 2020
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Accounting education records broken
2013 AICPA Trends Report
40,350 CPA firm new hires 82,177 graduates
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CPA credential in high demand!
Source: Wall Street Journal, 8/13/13
25%
38%
0
5
10
15
20
25
30
35
40
2006 2013
CFOs who are CPAs
Employers: Most desired credential
Solid salary growth
Entry-level demand also strong
Robert Half 2014 Salary Guide
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The CPA Brand
The
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Tomorrow’s CPA The Maryland Association of CPAs’ Student Group
� Benefits – � Discounts on certain MACPA
programs � Connect with other students and
CPAs in the Mentor Center � MACPA Scholarship � Brand new Internship/Job
Database � Discounts on many CPA Exam
review programs
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A CPA Story – Rebekah Brown
Click here to read the full story
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Lessons Learned: What I want you to know
Click here to read all the blog posts
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Rebekah Brown, CPA Customized Learning Consultant Maryland Associa>on of CPAs Business Learning Ins>tute (443) 632-‐2320 E-‐mail [email protected] Web hNp://www.macpa.org hNp://www.blionline.org Blog hNp://www.cpasuccess.com TwiNer @RJBrownCPA LinkedIn Rebekah Brown, CPA
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@tomorrowscpa
www.facebook.com/TomorrowsCPA
www.macpa.org/Content/students.aspx (Join here: www.tomorrowscpa.org)
[email protected] // [email protected]
How to join & get involved
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A leader’s job is to define context and provide hope and inspiration..."
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Tom Hood, CPA.CITP CEO
Maryland Associa>on of CPAs Business Learning Ins>tute
(443) 632-‐2301 E-‐mail [email protected]
Web hNp://www.macpa.org Blog hNp://www.cpasuccess.com