Insights on the Future of the CPA Profession

Insights on the Future of the CPA Profession

Source: CPA Success

The following includes experts, reproduced with permission, from a blog post by Tom Hood.

Three sessions in the past week. Almost 200 CPAs and students discussing the future of the CPA profession and the results of the CPA Horizons 2025 Project.

Here is the strategy on-a-page we created for the results of the CPA Horizons 2025 – (Vision, Purpose, Values, Competencies)

Overall reaction: 47 percent loved it (great research & results) and 53 percent liked it (good job!), none said either “live with it” or “not relevant.”

On the Core Purpose, CPAs...Making sense of a changing and complex world, the results were:

  • Love it 13.33%
  • Like it 68.89%
  • Live with it 15.56%
  • Don't like it 2.22%

The students were even more enthusiastic about the results. They were very impressed that the profession took the time to develop a grassroots approach to develop a vision for the future. They loved the competencies and that the profession was trying to position itself in a rapidly changing world.

Download and read the full CPA Horizons 2025 Report here.

For the complete blog post, read “What CPAs think about the CPA Horizons 2025?”

From CPA Success, the blog of the Maryland Association of CPAs, www.cpasuccess.com, April 27, 2012.