Entertaining and informative coverage of the major issues happening in the accounting world today. This special update, tailored for government and NFP CPAs and financial professionals will feature a conversation about the ‘new normal’—what it is and what it means. Tom Hood, recently named as one of the fourth most influential person in the Top 100 Most Influential People in the CPA Profession, will cover the four mega—trends facing the accounting and finance professions—the economy, globalization, workforce, and technology. He then drills down into the value-added finance role and the critical trends in transparency, accountability and performance management, including developments in cloud and XBRL. Tom finishes with tips and techniques to help you keep up with these rapid changes and use them to enhance your leadership and collaboration skills.
For more information on curriculum, content and courses to support the new skills for the future see our Business Learning Institute http://www.blionline.org
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The Future of CPA Profession, CFOs and Accounting - HHS Edition
1. Tom Hood, CPA, CITP, CGMA
CEO
MACPA & the Business Learning Institute
The Future of CPAs,Accounting and
Financial Professionals in 50 Minutes –
US HHS edition
Collaborating Across HHS for Accountability,
Transparency, and Data Quality”
Prepared for:
2. Tom
Hood
CEO
of
MACPA
&
BLI
• Named
Fourth
Most
Influen2al
Person
by
Accoun2ng
Today
• Top
25
Influencers
in
Learning
&
HR
by
HR
Examiner
• Top
25
Public
Accoun2ng
Thought
Leaders
by
CPA
Prac2ce
Adviser
• Working
on
Learning
Management
with
AICPA/CPA2Biz,
Cloud
Curriculum,
Performance
Management
/XBRL,
Leadership
&
Genera2ons
Tom Hood, CPA, CITP, CGMA
CEO
MACPA
Business Learning Institute (BLI)
hQp://www.linkedin.com/in/tomhood
6/6/13
T
4. hQp://macpa.cnf.io
Ask
and
answer
ques2ons
throughout
the
day
here…
Conferences.io
was
used
to
engage
our
members
and
encourage
open
Q&A
and
feedback
with
this
exci2ng
new
technology
we
will
begin
incorpora2ng
into
strategic
planning
and
CPE
courses
for
engagement
and
collabora2on.
6/6/13
T
5. Respond to a Poll
Ask a Question
Vote up a Question
hQp://macpa.cnf.io
6/6/13
T
6. Insights
to
Ac2on
“One
without
the
other
is
either
useless
or
destruc2ve”
6/6/13
T
7. Source:
WTF
What’s
the
Future
of
Business
by
Brian
Solis
What
I
have
been
thinking
about
6/6/13
T
18. XBRL
FASB
Industry
Taxonomy
Project
• Develop
industry
specific
taxonomies
• BeQer
suited
for
each
industry
• Industries
par2cipa2ng
include:
• Insurance
• Banking
• Brokers
and
Dealers
• Real
Estate
• NFPs
• GASB?
• Form
990
6/6/13
T
19. Accoun&ng
bodies
hail
G20
emphasis
on
public
sector
repor&ng
DATA
Act
&
Financial
Industry
Transparency
Act
using
XBRL
6/6/13
T
30. Business
Not
for
Profits
NGOs
Government
When
Worlds
Collide
6/6/13
T
31. HHS
Strategic
Plan
1. Strengthen
Health
Care
2. Advance
Scien2fic
Knowledge
and
Innova2on
3. Advance
the
Health,
Safety,
and
Well
Being
of
the
American
People
4. Increase
Efficiency,
Transparency,
and
Accountability
of
HHS
Programs
5. Strengthen
the
Na2on's
Health
and
Human
Services
Infrastructure
and
Workforce
6/6/13
T
32. #CFOsSaveTheWorld
Through collaboration, our
CFO community manages
financial accountability,
compliance, and risk
across HHS by maximizing
resources to drive results.
6/6/13
T
33. CGMA – CIMA
The global value-added financial professional
6/6/13 T
38. “In
a
period
of
rapid
change
and
increasing
complexity,
the
winners
are
going
to
be
the
people
who
can
LEARN
faster
than
the
rate
of
CHANGE
and
faster
than
their
COMPETITION.”
-‐
Tom
Hood,
CPA.CITP.CGMA
6/6/13
T
39. #CC>EC
#
1
Skill
is
CollaboraEon
#
2
Skill
is
CommunicaEon
according
to
2012
IBM
Global
CEO
Study
6/6/13
T
40. #Ar2st&CPA
• Lots
of
ways
to
mess
up!
• Heat
is
needed
to
shape
the
glass
• Long
setup
2me
for
quick
finish
• Try,
learn
and
adjust
-‐Tim
McFadden
6/6/13
T
41. A leader s
job is to
define
context and
provide
hope and
inspiration..."
42. Tom
Hood,
CPA.CITP
CEO
Maryland
AssociaEon
of
CPAs
Business
Learning
InsEtute
(443)
632-‐2301
E-‐mail
tom@macpa.org
Web
hUp://www.macpa.org
Blog
hUp://www.cpasuccess.com
Blog
hUp://www.bizlearningblog.com
Follow
me
on:
ü
TwiQer:
hQp://www.TwiQer.com/tomhood
ü
LinkedIn:
hQp://www.linkedin.com/in/tomhood
ü
Facebook:
hQp://www.facebook.com/thoodcpa
ü Google
+:
hQps://plus.google.com/104372556333854919205
ü Slideshare:
hQp://www.slideshare.net/thoodcpa
ü Youtube:
hQp://www.youtube.com/thoodcpa
ü Second
Life
avatar
name:
Rocky
Maddaloni
6/6/13
T