Wednesday, February 22nd, 2017
Your World Will Be Unrecognizable
“We won’t recognize the vast majority of CPA firms in five to 10 years.” – Barry Melancon
CPAs working in public accounting, get ready. I’m smiling as I type this because I have been warning, pleading, asking and begging you to “get ready” for about 25 years!
As reported via Accounting Today, Barry Melancon, President/CEO of the AICPA said recently, “The number of changes facing the accounting profession will leave most practices radically altered in the near future.”
Yes, you have been hearing that for years but this time it’s different because time is truly running out.
The businesses you serve are facing changes in a quicker time frame than ever before, why should you think CPA firms would be exempt? CPAs are supposed to be showing their clients the way into the future.
Erik Asgeirsson, President/CEO of CPA.com encourages accountants to dive deep into technology and pursue how it can help them deliver higher value to their clients.
Be sure to read the full article via Accounting Today. Be sure to note the graph that shows the percent of firms implementing cloud accounting in 2017.
- "People evolve and it's important to not stop evolving just because you've reached adulthood."