Tuesday, February 2nd, 2021

Interesting Development From the AICPA

Many of you know Tom Hood. Here’s a press release from the AICPA:

Tom Hood, CPA, CITP, CGMA to Join Association of International Certified Professional Accountants as Executive Vice President, Business Growth and Engagement

The Association also announced that it will acquire the Business Learning Institute, strengthening its commitment to continuing education and delivering value to businesses and CPA firms.

NEW YORK, February 1, 2021 – The Association of International Certified Professional Accountants (the Association) announced today that Tom Hood, CPA, CITP, CGMA, former executive director and CEO of the Maryland Association of CPAs (MACPA), has joined the organization as executive vice president, business growth and engagement. He will report to Barry Melancon, CPA, CGMA, the Association’s CEO.

In addition to Hood’s appointment, the Association has acquired the Business Learning Institute (BLI) from MACPA. The acquisition of BLI’s many learning programs will enhance the Association’s offerings to corporate employers in upskilling and reskilling their employees so they continue to meet ever-changing marketplace demands. Together, the Association and BLI will accelerate the introduction of new, innovative content for accounting and finance professionals globally. Founded in 1999 by MACPA, BLI is a highly respected source for human intelligence skill development and a strategic learning partner and talent management consultancy for businesses and CPA firms worldwide. Hood will continue to provide leadership in supporting BLI’s clients, products and services throughout BLI’s integration with the Association.

“Tom’s vision and mission to help finance and accounting professionals grow in a changing business environment is well aligned with the Association’s goals of powering trust, opportunity and prosperity for members, students, the profession and those they serve. He brings energy, insight, enthusiasm and a unique ability to facilitate connections,” Melancon said. “Tom will add value to our engagement with businesses and the accounting and finance professions, increasing our understanding of the challenges they face and how to best meet their needs.”

Melancon added, “We are proud of our reputation as a key source for accounting and finance professionals’ learning needs. BLI’s content complements and enriches our current learning tools, further deepens our global offerings and helps expand our value proposition. This development is an important step in the Association’s commitment to creating a strong and vibrant future for the profession and those it serves.”

Hood will use his extensive connections, influence, experience and passion for the accounting and finance profession to engage with businesses, their leaders and their global networks. Hood will convert those insights into actions that support the profession and work across the Association to grow its understanding of their challenges and opportunities.

“I am excited to join Barry and his team at the Association to continue making accounting and finance professionals around the world even more future ready and able to thrive in a global volatile, uncertain, complex and ambiguous world. The BLI team is looking forward to coming together as part of the Association to leverage our combined strengths, reach and scale,” Hood said. Jackie Brown will succeed Hood as MACPA’s CEO. Brown, who has spent 40 years as part of the MACPA team and has served as its chief operating officer for the past 23 years, provides the MACPA with a much-needed sense of familiarity and stability as Hood departs.

Avonette Blanding, CPA, chair of MACPA’s Board of Directors, added, “Tom is also a great teacher, mentor and leader. I’m thrilled by his decision to join the Association and expand his reach within the profession.” (Watch this MACPA video and read this MACPA article for more information.)

Another focus of Hood’s role will be partnering with Andrew Harding, FCMA, CGMA, the Association’s chief executive of management accounting, to further professionalize management accounting and support professionals in obtaining their Chartered Global Management Credential (CGMA) credential in the Americas. This includes the digital-first Finance Leadership Program, an online learning program that teaches candidates the finance, business, people and leadership skills needed to succeed in finance teams of the future.

Hood is well known across the accounting profession and in 2020 was named the Second Most Influential Person in Accounting for the eighth year by Accounting Today. He has been a longtime thought leader and driver of change among state CPA societies, both as a volunteer chair and, since 1997, as CEO of MACPA. He received the AICPA Special Recognition Award for his contributions to the profession leading the CPA Vision Project in 2003. In addition to his CPA license, Hood has obtained

the CGMA credential and the AICPA Certified Information Technology Professional (CITP) certification. He is a graduate of Loyola College (B.A. in Accounting) and has a Master’s in Finance (Real Estate) from Johns Hopkins University.

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