Spotlighting possibilities that spark future-ready success amidst a constantly evolving profession.
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Exemption amounts under the Tax Cuts and Jobs Act of 2017 are set to expire, making now an essential time for individuals and families to revisit their estate plans.
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While an accounting career can lead to exciting, rewarding work, too often the profession’s negatives get highlighted. Here’s how CPAs change the narrative and tell a better story to support the talent pipeline.
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Get a glimpse of what was discussed and areas of focus identified for 2025 and beyond.
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If accounting is the language of business, accountants must be the interpreters. Business builds and destroys economies, so we need as many people as possible to understand the fundamentals of accounting and the best and brightest to pursue careers in accounting as CPAs. That is why KSCPA and other accounting organizations are investing considerable time in building a robust talent pipeline to foster future success.
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This blog series started in May, focusing on the accounting pipeline and many other issues storming the accounting profession. In June, the series continued with why the old way of doing things is no longer a viable solution and that breaking the mold is the best way to rebuild the profession in a dynamic new way that better reflects accountants' multi-faceted role in the modern business world. This month's blog continues by exploring ideas and innovative approaches underway to solve accounting's most vexing dilemmas.
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Many reports have emerged about the accounting profession and how it needs to change. In brainstorming topics for this month's blog on leadership, I couldn't help but ponder how professionals develop leadership skills in a profession that is at a crossroads. Perhaps aspiring leaders should break the mold and help rebuild the profession instead of waiting to see where the profession heads.
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A storm is brewing! Reports of storms ripple across states, industries, and demographics, and problems are pelting the accounting pipeline. What is the national and local forecast, and will there be a rainbow after the storm?
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Dale Carnagie once said, “when dealing with people, remember you are not dealing with creatures of logic, but creatures of emotion.”
There have been numerous articles written telling you how to sell, buy or value a CPA firm, but rarely is a business transaction examined from an emotional perspective. It’s important to be aware of our emotional state while making critical decisions.
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While many of the CFO career characteristics remain true, a new study from the EY Center for Executive Leadership (CEL) points to a dramatic shift in both the makeup of the CFO’s role in an organization and the career trajectory of today’s CFO, changes that both financial leaders – and the organizations that rely on their expertise – need to prepare for.
In this article, we share the results of this study, starting with insights on the increasing rotation in the CFO role and its impact on the business. We also explore what it takes to develop future CFOs as well as the future trajectory of current CFOs as they prepare for their next step. Finally, we provide some actions that CFOs as well as CEOs and chief human resources officers (CHROs) can take to adapt to shifts in tenure, responsibilities and characteristics of the modern CFO.
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Contrary to some reports, Diversity, equity, and inclusion (DEI) initiatives are not going away. They are expanding well beyond the core initiatives of race and gender to encompass areas such as neuro-diversity, religion and primary caregivers. Astute organizations will take note as these paradigms will likely shape the HR departments, culture and strategic direction of next-gen organizations.
Jose Velasco, SAP’s VP of Product Management, is quoted as saying, “The war for talent only exists if we have our peripheral blinders on…take them off and you will see the talent on the edges that you had never seen before”.
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As the 2024 Kansas Legislative Session kicks off, we're highlighting the KSCPA's advocacy efforts. Every year, legislation is introduced at the Kansas Statehouse that can potentially impact you, your clients, and the profession. The KSCPA is the primary organization in Kansas advocating on your behalf and for CPAs across the state to build and protect the accounting profession. We seek to adhere to five guiding principles in our advocacy efforts:
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Ninety people have served in this role before me. I want to acknowledge their service to the KSCPA and the profession. Their leadership and commitment to the organization is an inspiration. Organizations like ours depend on two stakeholder groups to help it accomplish its goals, staff that we hire and volunteers. If you are interested in volunteering, see the KSCPA volunteering opportunities on the society website. We need volunteers to engage with organizational service opportunities so the KSCPA can accomplish its mission and make a difference for their members and the accounting community. We need volunteers that Patrick Lencioni in his book The Ideal Team Player identifies as, humble, hungry, and smart.
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The AICPA Governing Council and the NASBA Board of Directors will officially implement the new CPA Exam in 2024, called CPA Evolution. While you may be asking, "What is CPA Evolution?" there isn't a short answer. Let's look at some of the background and underlying reasons behind the decision to update the exam as well as what is changing so you know more about what to expect once it launches in January 2024.
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The amount of global coverage for the metaverse has ramped up in recent times, creating the impression that it will soon become a common way to sell, play and work online. But for many people, there is confusion around what the metaverse actually is and how it could be used in a practical way.
The metaverse is a form of internet that operates as a blended and immersive virtual world, powered by a mix of virtual reality (VR) and augmented reality (AR). What’s interesting is that the foundations of the metaverse are being built into technology you may already use today.
We thought we’d look at what needs to happen for the metaverse to reach its full potential, and where opportunities for dabbling in it now already exist. Let’s look at how you can start becoming better versed in the metaverse.
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The KSCPA Board of Directors meets annually for a strategic planning retreat. The retreat allows the KSCPA board to reflect on our achievements while considering how we can reimagine and reinvent ourselves to deliver membership value into the future. This process includes frank conversations about what we can realistically achieve, including deciding what we need to stop doing. In addition, we challenge ourselves to take bold and creative steps to ensure that we are future-ready. Following our strategic planning session, we wanted to share some essential takeaways that reflect our dedication to the profession and our commitment to you, our valued members:
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Last month, we kicked off the 2023-2024 Lead to the Future Program, welcoming the newest class of participants! This is the 13th class of our leadership development program.
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If your people aren’t winning at home, they will struggle, at best, winning at work. And if they have to choose between the two, they will almost always choose winning at home. You could argue, “It’s not my job to help my team members figure out how to manage childcare or their commute or caring for elderly parents.” However, it’s imperative now -- more than ever -- to understand your team members’ needs as they continue to manage capacity and capitalize on opportunities for growth.
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Who is the person most responsible for your career success? It’s you!
It’s imperative to take ownership of your career trajectory. You need to care more about your career advancement than anyone else. This is especially true with the constant, rapid change in the marketplace today.
Don’t leave it to chance. Think of your career as a business and guess who’s the CEO? It’s you!
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In the last few months, KSCPA, AICPA and the entire accounting community have talked extensively about pipeline issues and challenges. While there are a host of factors hindering the flow, the logical first step is to help young people flourish and succeed. That is why Micheal Lawrence of Big Brothers Big Sisters was asked to be a guest blogger on the profound impacts of mentorship on youth success, which is a win for us all!
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While riding the ups and downs of this year’s atypical Final Four, I couldn’t help but wonder if accountants get to enjoy the drama as it unfolds on the courts. Is it unfortunate timing, a welcome escape, or an ironic twist that while athletes are hard charging on the court, accountants are nose to the grindstone in the office? It made me contemplate what it takes to prepare for the Final Four, tax season and, quite frankly, success in life itself!
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Cash balance plans help business owners fund and deduct very large employer contributions. These plans allow employers to contribute significantly more than they can with a typical 401(k) plan. They are also a great way to reduce the company tax burden. Cash Balance plans allow business owners to make up for lost time related to their retirement savings and are a good option for those who might need to catch up on retirement plan savings.
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While diversity, equity, and inclusion efforts have improved in accounting, they haven’t created substantial change. Dismantling remaining roadblocks requires a comprehensive effort and new ways of thinking, say Deloitte Tax’s Steve Kimble and Stephen Metoyer as part of our look ahead to 2023.
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As the 2023 Kansas Legislative Session kicks off, we wanted to take the month of January to highlight the KSCPA's advocacy efforts. Every year, pieces of legislation are introduced at the Kansas Statehouse that can potentially impact you, your profession, and/or your clients. The KSCPA is the primary organization in Kansas advocating on your behalf and for CPAs across the state to build and protect the accounting profession.
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What will the coming year hold for KSCPA, its' member and accounting in Kansas?
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How can you help KSCPA INSPIRE the next generation of accounting leaders? What does the evolution of accounting look like, and what influence can you have? What strides are KSCPA, secondary and higher education institutions, and employers making to fill the accounting pipeline? Read this month's KSCPA blog to INSPIRE you!
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I thought this piece should provide a look into who I am; what influenced me, what instilled the character and conviction about people’s right to be who they are and why I’m so damn passionate about D&I. And while the theme of Diversity and Inclusion is fairly universal, what its essence is to each of us is deeply rooted in our personal experiences.
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At a recent KSCPA conference, Scot and KSCPA staff talked about attracting students to accounting, which led to an enlightening conversation about connectivity at all levels, the twist and turns along the career path and how no journey is the same. We thought those stories should be shared. Therefore, in this month's blog, Scot is helping kick off a KSCPA Video Series, Taking the Road Less Traveled: What a Career in Accounting has Taught Me.
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The KSCPA Board and staff met for our annual strategic planning retreat in mid-July. The retreat is a way for us to reflect on what the KSCPA has achieved together over the last year while we also consider how we can reimagine and reinvent ourselves to deliver membership value into the future. This process includes frank conversations about what we can realistically achieve, including deciding what we need to stop doing. In addition, we challenge ourselves to take bold and creative steps to ensure that we are future-ready.
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In this article, we’ll look at the latest trends in accounting software and discuss new technologies in accounting. From traditional solutions that are back in demand to leading-edge technologies, there are many types of technology used in accounting today. Each of the technologies covered are making a significant and lasting impact on the future of accounting.
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Succession planning is a continuing challenge for accounting firm owners and leaders. According to Accounting Today, 50% of firm owners have no exit plan, and 30% think they have a plan but don’t have execution steps. While there is real value in having a formal, strategic succession plan, you could be in a much better position if you build a firm of leaders who are always preparing to step into their next role.
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How one Kansas organization is redefining the way its works by embracing what its employees really wanted post-pandemic.
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IMA® (Institute of Management Accountants), CalCPA (California Society of CPAs), and IFAC (International Federation of Accountants) commenced a journey to empirically assess the current state of DE&I within the global accounting profession. Together with research partners and contributors, a multi-part global series of DE&I research studies was conducted in the U.S., Europe and the Mediterranean, Asia-Pacific, and the Middle East & North Africa regions that revealed striking similarities between perceptions and experiences of members of the profession across jurisdictions.
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A KSCPA Ignite Blog by Randy Johnston | Partner at K2 Enterprises | If the company you work for is of any size at all, your co-workers likely represent at least four generations – maybe five. And how do we go about mentoring an intergenerational workforce? With the great resignation and retirement underway, we must focus on mentoring our workforce.
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As your days become even more fast-paced and busier, we wanted to share tips on how to survive - and - thrive during these busy times.
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A KSCPA Ignite Blog By Gary Zeune, CPA | Amanda Fletcher, CPA, CFE | Eric Conforti, CPA, CFE | The COVID-19 pandemic caused a sudden change to various work environments due to a rapid widespread pivot to remote work, and many individuals faced unexpected economic hardship - a perfect opportunity and rationalization to commit fraud.
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A KSCPA Ignite Blog by Kathy Esper, MBA, PCC | This time of fast-moving change requires leaders and their people — across many industries — to manage in a depth and breadth of ways that have not been experienced before.
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The Kansas Society of CPAs INSPIRE Business Camp was a day of opportunity and community building. The camp may seem like a fun day off from school to explore a career path, but it is so much more. The camp lays the groundwork for potential future accountants while showcasing the relevance of a robust accounting ecosystem.
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A KSCPA Ignite Blog by: Norm Hope Ph.D., CPA | Associate Professor of Business | McPherson College | Re-experiencing a summer internship offers meaningful insight for both accounting college students and accounting professionals.
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Last week, we welcomed the 2021-2022 class of KSCPA's Lead to the Future (L2F) Program! We applaud the participants for choosing to take this giant step forward to enhance their leadership journey! We also celebrate the organizations that believe in this program and support their team leaders in their career development, significantly impacting the future of accounting in Kansas.
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Exploring where we have been, where we plan to go...
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A KSCPA Ignite Blog by: Anthony Mongeluzo, CEO of PCS
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A KSCPA Ignite Blog (Vlog) by: Melisa Galasso, CPA, CSP, CPTD
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A KSCPA Ignite Blog by: Aron Dunn, CPA, CCIFP and Chad Allen, CPA, CITP
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KSCPA Ignite Blog by: Christina Ricke, CPA, CGMA, Principal | K-Coe Isom | Chair of the Kansas Society of CPAs Board of Directors
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KSCPA Ignite Blog by: Carl R. Mayes, Jr., CPA, AICPA Associate Director | CPA Quality & Evolution
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A KSCPA Ignite Blog by: Jennifer Wilson and Renee Moelders, ConvergenceCoaching, LLC
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A KSCPA Ignite Blog by: Natasha Schamberger, CPA, KSCPA | CEO & President
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December 23, 2020
November 20, 2020
October 30, 2020
September 17, 2020
August 27, 2020
August 25, 2020
July 30, 2020
May 29, 2020
February 14, 2020
An Ignite Blog by Natasha Schamberger, CPA
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January 31, 2020
An Ignite Blog by Lindsey Curley, CPA, CGMA
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December 20, 2019
KSCPA Ignite Blog By: Melody Feniks, CPA, CGMA
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December 6, 2019
KSCPA Ignite Blog by: Damon Ward, CPA, CGMA | Director of Tax, Spirit AeroSystems, Inc.
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November 22, 2019
An Ignite Blog By: Susan Day, CPA, CGMA | Principal, Adams Brown Beran & Ball, Chartered (ABBB)
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November 15, 2019
KSCPA Ignite Blog by: Dustin Hall | Director, CPACharge
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October 25, 2019
KSCPA Ignite Blog by: Mark Lacy, CPA | Lead Client Service Partner at Deloitte & Touche LLP
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September 20, 2019
KSCPA Ignite Blog by: Robyn Seglem, CPA, CGMA | Director of Accounting, LK Architecture, Inc.
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September 6, 2019
KSCPA Ignite Blog by: Carl Peterson, CPA, CGMA | VP – Small Firm Interests – Public Accounting, AICPA
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August 23, 2019
KSCPA Ignite Blog by: Gerrie Meyer, Director of Employee Development, Adams Brown Beran & Ball, Chtd. | Featuring recruiting tips for employers and students.
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August 16, 2019
KSCPA Ignite blog by: Donna Funk, CPA | Principal at K•Coe Isom
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June 21, 2019
KSCPA Ignite Blog by: Jessica Dwyer, CPA | Manager, K•Coe Isom
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May 3, 2019
KSCPA Ignite Blog by: Jon Lokhorst, CPA, ACC | Executive Leadership Coach, Lokhorst Consulting LLC
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April 19, 2019
KSCPA Ignite Blog Featuring Professors' Insights and Gen Z Insights
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February 15, 2019
KSCPA Ignite Blog Featuring Priyanka Kapur and Colby Woods
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February 1, 2019
KSCPA Ignite Blog by: Richard Dinkel, CPA | VP, Controller and Chief Risk Officer, Koch Industries, Inc.
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January 18, 2019
KSCPA Ignite Blog by: Jay D. Langley, CPA, CGMA
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December 21, 2018
KSCPA Ignite Blog Featuring Swindoll Janzen Hawk & Loyd, LLC
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December 14, 2018
KSCPA Ignite Blog by: Amber K. Goering, CPA, CGMA
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November 2, 2018
KSCPA Ignite Blog by: Garrett Wagner, CPA.CITP
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October 26, 2018
KSCPA Ignite Blog by: Bill Reeb, CPA, CITP, CGMA Chief Executive Officer, Succession Institute, LLC
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October 26, 2018
KSCPA Ignite Blog by: Bill Reeb, CPA, CITP, CGMA
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July 13, 2018
KSCPA Ignite Blog by: Chad Allen, CPA.CITP, Partner at Hutchins & Haake, LLC
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June 1, 2018
KSCPA Ignite Blog by: Natasha Schamberger, CPA, KSCPA CEO & President
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