The podcast is taking a break from full episode posting this week. Listen to previous episodes by visiting the podcast homepage, or find the show on the podcast app of your choice. Here’s a brief explanation from host Neil Amato about what’s to come on the show later in the summer.
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Summer surfing reminders to avoid a transformation wipeout
“It feels like we were out at sea. We got washed overboard by a big wave and we’re floating around in life vests, and wave after wave of transformation is washing over us.” Those were the words of a corporate finance leader a few years back to Tom Hood, CPA/CITP, CGMA, executive vice president–Business Growth & Engagement for the Association of International Certified Professional Accountants. The feeling of being knocked back by seemingly nonstop changes in the business environment is a common one — so common that it’s a recurring theme for a group of finance leaders Hood formed about five years ago. In this episode, Hood explains more about the “learn to surf” mantra and the top challenges facing finance leaders today. In a December JofA podcast appearance, he summarized the fourth Future of Finance Summit. What you’ll learn from this episode: · The best way to handle the “intense” waves of transformation. · How a philosopher’s words have helped Hood and colleagues work with hundreds of corporate finance teams on transformation. · Some of Hood’s favorite summer leisure activities. · The top challenges facing finance leaders. · His advice for creating more engaging LinkedIn posts. · A shout-out to a retiring colleague.
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From Jamaican track star to CPA: A firm leader’s unlikely career path
Growing up, Durran Dunn, CPA, had drive and discipline, but he didn’t have any aspiration of using those qualities to become a CPA. He didn’t even know what a CPA was. Dunn, now a partner in Bennett Thrasher's Risk Advisory Services practice, based in greater Atlanta, overcame “whiplash” in the form of two moves – from Jamaica to New York, from New York to Mississippi – and now mentors students on the merits of the profession. In addition to sharing strategies for success, Dunn spoke about the high-profile-yet-anonymous role he had at a Major League Baseball stadium. He was a social media and YouTube sensation, even though his identity was hidden by a full bodysuit. What you’ll learn from this episode: Dunn’s introduction to the accounting profession. The cultural whiplash he experienced, twice, upon leaving his native Jamaica. The running role Dunn performed for about seven years at a Major League Baseball stadium. Dunn’s path from not knowing what a CPA was to becoming a firm partner. Details of Dunn’s service on the AICPA’s Board of Examiners. Why he is passionate about volunteering and mentoring young accounting candidates. His emphasis on discipline – a message he shares with student groups.
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A trailblazing CPA on managing a merger and why it’s OK to lose clients
Jody Grunden, CPA, stands out for more than his brightly colored Hawaiian shirts at accounting conferences and events. Grunden was one of the first firm leaders to embrace remote work, and he remains a proponent of it. His firm also was one of the first to offer outsourced CFO services. In this JofA podcast episode, Grunden reflects on his firm’s growth, explains how cultures can mesh during a merger, and predicts where the future lies for CPAs. Hint: It’s not in delivering financial statements to clients. In an earlier JofA interview, Grunden discussed not feeling fear when trying something new and explained why Monday is his favorite day of the week. What you’ll learn from this episode: · The evolution of outsourced CFO service offerings. · Why Grunden says remote work “is the way to go.” · How off-site retreats helped grow postmerger culture. · What “remaining independent” means to Grunden. · The future of client advisory services. · Why a client’s “graduation” should be celebrated.
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Accounting talent pipeline: What’s the buzz from ENGAGE?
One popular discussion topic at AICPA & CIMA ENGAGE 25 is the accounting talent pipeline. Liz Burkhalter, the AICPA’s director—CPA Pipeline, is taking part in those conversations. On this episode of the JofA podcast, Burkhalter shared encouraging news related to the pipeline and reminded CPAs of how using their “circle of influence” can help to grow the profession. Related resources: n National Pipeline Advisory Group (NPAG) report with recommendations n JofA article on announcement of the Pipeline Pledge n NPAG Pipeline Pledge landing page n This Way to CPA landing page n Next Stop: CPA podcast home page n AICPA Student YouTube channel What you’ll learn from this episode: · Two hot topics at ENGAGE related to accounting talent, according to Burkhalter. · The link between artificial intelligence and more attractive accounting opportunities · “Exciting” news related to student enrollment in accounting. · The reminder that established accountants can play a key role in helping address talent issues. · A summary of resources to assist members who want to get involved.