Cloud technology has enabled a transformation in client accounting services, but this metamorphosis is not complete. Erik Asgeirsson, president and CEO of CPA.com, will lead a discussion on the mindset, strategies and future readiness of the Digital CPA. Being a digital CPA is not about using technology, it is about employing technology to transform your business model and be prepared for the new industries and expectations ahead.
Data from CPA.com's CPA of the Future study are in. The comprehensive report serves as a scorecard on future readiness of the CPA profession overall. Recorded statistics and projections are based on a strategic set of survey questions asked of CPAs from across the country, such as: How ready for the future are we as a profession? How ready are we to understand, guide, and prepare our clients for the fast future that is emerging? The full report is accessible on CPA.com/whitepapers; there you can dig in to this study for valuable insights into the state of the profession today in terms of future readiness... and the changes required to effectively prepare for what the future has in store.
How to Prepare for 5-Minute Settlement: Everything Utilities Traders Need to ...Kaitlyn Hurley
To view as a webinar, visit: https://www.allegrodev.com/resources/5-minute-settlement-webinar/
This presentation will help utilities traders learn how to navigate volatile energy markets during the 5-Minute Settlement Era.
Discover how advanced analytics drives profit for commodity trading companies and the latest market trends for increasing business efficiency and profitability.
Digital Customer Due Diligence: Leveraging Third-Party UtilitiesCognizant
By leveraging digital technologies, automation and third-party models, banks can more successfully navigate the complexities of the client onboarding process.
The Work Ahead: Soaring Out of the Process SiloCognizant
In this edition of our series, we look at how business leaders can turbo-charge operational efficiency and propel massive revenue growth and cost savings by digitizing their business processes.
IBM Solutions Connect 2013 keynote presentation talking about emerging challenges in today's business world and various technologies that can help decision makers address these challenges and drive their business forward. Smart ideas. Smarter actions.
Data from CPA.com's CPA of the Future study are in. The comprehensive report serves as a scorecard on future readiness of the CPA profession overall. Recorded statistics and projections are based on a strategic set of survey questions asked of CPAs from across the country, such as: How ready for the future are we as a profession? How ready are we to understand, guide, and prepare our clients for the fast future that is emerging? The full report is accessible on CPA.com/whitepapers; there you can dig in to this study for valuable insights into the state of the profession today in terms of future readiness... and the changes required to effectively prepare for what the future has in store.
How to Prepare for 5-Minute Settlement: Everything Utilities Traders Need to ...Kaitlyn Hurley
To view as a webinar, visit: https://www.allegrodev.com/resources/5-minute-settlement-webinar/
This presentation will help utilities traders learn how to navigate volatile energy markets during the 5-Minute Settlement Era.
Discover how advanced analytics drives profit for commodity trading companies and the latest market trends for increasing business efficiency and profitability.
Digital Customer Due Diligence: Leveraging Third-Party UtilitiesCognizant
By leveraging digital technologies, automation and third-party models, banks can more successfully navigate the complexities of the client onboarding process.
The Work Ahead: Soaring Out of the Process SiloCognizant
In this edition of our series, we look at how business leaders can turbo-charge operational efficiency and propel massive revenue growth and cost savings by digitizing their business processes.
IBM Solutions Connect 2013 keynote presentation talking about emerging challenges in today's business world and various technologies that can help decision makers address these challenges and drive their business forward. Smart ideas. Smarter actions.
Procurement ai is artificial intelligence real in procurementZycus
Though the reality of AI in procurement is still debatable, one can’t deny the fact that human skills/human learning is a vital part of the AI puzzle. So what skills will one require to become a vital and relevant factor in AI-driven procurement practice?
Are Shared Services Ready for Digital TransformationITESOFT
With the new White Paper from SSL, ITESOFT are taking a look at how prepared Shared Service centers are for Digital Transformation, and what they can do.
How Finance is driving growth in the Digital Age via OpenTextOpenText
In the digital age, finance business processes are shifting from batch to real-time, retrospective to predictive, and internally-focused to customer-centric. Innovative companies can drive growth by focusing on the revenue stream from an outside-in perspective. Learn more from OpenText at http://www.opentext.com/campaigns/rundigital/digitize-business/sap-finance/sap-finance-wod
Digital Reinvention: Understanding Procurement’s Importance In The Emerging D...Zycus
The impact of technological breakthroughs in the emerging digital age is significant not only for procurement but for the enterprise as a whole. The reason for this is that 70% of digital innovations in industry “are delivered through the supply chain.”
Despite the important role that an organization’s supply chain plays in digital success, a McKinsey study found that of the companies that participated in their survey, only 2 percent report that the supply chain is part of their “forward-looking digital strategies.”
This 2 percent revelation raises two very important questions:
1. Why despite its recognized importance to organizations regarding the realization of their digital objectives is procurement not even on the radar screen?
2. What can procurement professionals do to elevate its presence and influence in the emerging digital world?
Join Procurement Insights’ Jon Hansen to answer these as well as other important questions regarding procurement’s digital reinvention along with the guest panel of industry thought leaders, Colin Cram & Rob Handfield who will talk about what must take place for you and your organization to digitally reinvent your future success.
Why Big Data is the foundation for Digital Transformation ?Koray Sonmezsoy
ClickZ Live Hong Kong 4-6 Aug 2015
http://www.clickzlive.com/hongkong/agenda-day1.php
Digital transformation is top-of-mind for executives across many industries. Often when thinking of digital transformation, marketers are thinking about how to amplify their digital presence through website enhancements, mobile design and social platforms. While those are certainly key tactics in a robust digital strategy, they are initiatives that must be informed by and based on data.
VMware Business Agility and the True Economics of Cloud ComputingVMware
New groundbreaking global survey findings demonstrate
the true value of cloud computing to the business. While it is understood in the industry that cloud computing provides clear cost benefits, CIOs are having difficulty getting a true fix on the business value that cloud might offer beyond cost reduction. These survey results reveal a direct link between cloud computing and business agility—how business outcomes are associated with agility, the role of IT for agile companies and the importance of cloud computing to business leaders.
Understanding the Real Value of IT and Proving it to the BusinessTeamQuest Corporation
CIOs want IT to demonstrate business value, but only 27% of those surveyed believe IT contributes to the company's strategic business goals. Find out how IT can effectively measure cost and value, properly plan for future business successes, and focus on business goals in this special report from Computer Weekly.
Analytics Trends 2015: A below-the-surface lookDeloitte Canada
Big Data is a big deal for everyone these days and only growing in importance, especially when it comes to analytics generating actionable insights. Deloitte has identified eight significant analytics trends to watch in 2015 – including one supertrend that will impact everything else.
In order to integrate intelligent automation systems with the people, processes and technology that currently keep the FS organization working, the HR function needs to drive the vision and strategy. This report explains the three criteria needed to succeed.
Read more: https://www.accenture.com/in-en/insight-intelligent-automation-financial-services
Creating vertical depth in a horizontal firmCPA.com
If you are like most firms you’ve designed your service offerings around accounting, tax, audit, litigation support, etc. – the traditional accounting and tax firm services and then organized your firm to serve clients of all business types and industries as long as they fit under the service offerings. In this session, learn why this model may no longer be appropriate to serve today’s business clients. We will review case studies of firms that have made the change to a vertical focus first and then aligned their service offerings to meet the needs of a vertical niche to match the needs of today’s business owner.
Being a Digital CPA is above and beyond the use of technology; it is about a mindset and employing technology to the point of transforming the way you interact with clients, staff and your overall business model. Are you simply using hardware and software or are you a true Digital CPA?
Procurement ai is artificial intelligence real in procurementZycus
Though the reality of AI in procurement is still debatable, one can’t deny the fact that human skills/human learning is a vital part of the AI puzzle. So what skills will one require to become a vital and relevant factor in AI-driven procurement practice?
Are Shared Services Ready for Digital TransformationITESOFT
With the new White Paper from SSL, ITESOFT are taking a look at how prepared Shared Service centers are for Digital Transformation, and what they can do.
How Finance is driving growth in the Digital Age via OpenTextOpenText
In the digital age, finance business processes are shifting from batch to real-time, retrospective to predictive, and internally-focused to customer-centric. Innovative companies can drive growth by focusing on the revenue stream from an outside-in perspective. Learn more from OpenText at http://www.opentext.com/campaigns/rundigital/digitize-business/sap-finance/sap-finance-wod
Digital Reinvention: Understanding Procurement’s Importance In The Emerging D...Zycus
The impact of technological breakthroughs in the emerging digital age is significant not only for procurement but for the enterprise as a whole. The reason for this is that 70% of digital innovations in industry “are delivered through the supply chain.”
Despite the important role that an organization’s supply chain plays in digital success, a McKinsey study found that of the companies that participated in their survey, only 2 percent report that the supply chain is part of their “forward-looking digital strategies.”
This 2 percent revelation raises two very important questions:
1. Why despite its recognized importance to organizations regarding the realization of their digital objectives is procurement not even on the radar screen?
2. What can procurement professionals do to elevate its presence and influence in the emerging digital world?
Join Procurement Insights’ Jon Hansen to answer these as well as other important questions regarding procurement’s digital reinvention along with the guest panel of industry thought leaders, Colin Cram & Rob Handfield who will talk about what must take place for you and your organization to digitally reinvent your future success.
Why Big Data is the foundation for Digital Transformation ?Koray Sonmezsoy
ClickZ Live Hong Kong 4-6 Aug 2015
http://www.clickzlive.com/hongkong/agenda-day1.php
Digital transformation is top-of-mind for executives across many industries. Often when thinking of digital transformation, marketers are thinking about how to amplify their digital presence through website enhancements, mobile design and social platforms. While those are certainly key tactics in a robust digital strategy, they are initiatives that must be informed by and based on data.
VMware Business Agility and the True Economics of Cloud ComputingVMware
New groundbreaking global survey findings demonstrate
the true value of cloud computing to the business. While it is understood in the industry that cloud computing provides clear cost benefits, CIOs are having difficulty getting a true fix on the business value that cloud might offer beyond cost reduction. These survey results reveal a direct link between cloud computing and business agility—how business outcomes are associated with agility, the role of IT for agile companies and the importance of cloud computing to business leaders.
Understanding the Real Value of IT and Proving it to the BusinessTeamQuest Corporation
CIOs want IT to demonstrate business value, but only 27% of those surveyed believe IT contributes to the company's strategic business goals. Find out how IT can effectively measure cost and value, properly plan for future business successes, and focus on business goals in this special report from Computer Weekly.
Analytics Trends 2015: A below-the-surface lookDeloitte Canada
Big Data is a big deal for everyone these days and only growing in importance, especially when it comes to analytics generating actionable insights. Deloitte has identified eight significant analytics trends to watch in 2015 – including one supertrend that will impact everything else.
In order to integrate intelligent automation systems with the people, processes and technology that currently keep the FS organization working, the HR function needs to drive the vision and strategy. This report explains the three criteria needed to succeed.
Read more: https://www.accenture.com/in-en/insight-intelligent-automation-financial-services
Creating vertical depth in a horizontal firmCPA.com
If you are like most firms you’ve designed your service offerings around accounting, tax, audit, litigation support, etc. – the traditional accounting and tax firm services and then organized your firm to serve clients of all business types and industries as long as they fit under the service offerings. In this session, learn why this model may no longer be appropriate to serve today’s business clients. We will review case studies of firms that have made the change to a vertical focus first and then aligned their service offerings to meet the needs of a vertical niche to match the needs of today’s business owner.
Being a Digital CPA is above and beyond the use of technology; it is about a mindset and employing technology to the point of transforming the way you interact with clients, staff and your overall business model. Are you simply using hardware and software or are you a true Digital CPA?
Strategies for innovating for the future ready cpaCPA.com
New business models, globalized markets, new asset classes and new risk factors make this a fast future of both great challenge, but greater opportunity. The fast future is a collision of trends that are both drivers of productivity and progress as well as represent new competitive advantages. Now more than ever, CPAs need to become future ready — ready to “fast adapt”.
In this session of the Digital CPA webcast series, we will discuss the findings from “The CPA of the Future 2015 Study,” conducted by the Institute of Future Studies and CPA.com, focusing on 2 primary future readiness metrics: disruptive technology and innovation and the changing role of the CPA. We will layout strategies how to innovate in a CPA firm so you build your practice for the future and evolve into the new role of the CPA.
The recently released SSARS21 Standard creates a bright line between preparing and reporting services, and is potentially the most significant non audit standard change of the past 30 years. This new standard will dramatically change how firms provide Client Accounting and BPO services, and is something many in the profession have been requesting for years.
In this webcast we review how firms can advance their client accounting services based on this new standard. Firms will need to change how they describe and market their client accounting services, engage with clients, as well as deliver these services.
With the end in mind choosing the right solutionsCPA.com
You need to re-examine your processes and look for improvements, but where do you start? One strategy is to redesign your workflow and find the right solutions to build it, but if you don't what is possible, where do you get that insight and what if what you want doesn't exist? In this session, we discuss this balance between re-imagining your workflow in your office and finding solutions that will help you get there.
The future ready cpa are you ready for the challenge - PICPA Leadership Con...CPA.com
Increasing complexity in the future will continue to challenge individual CPAs, their firms and
their clients. CPA.com has partnered with the Institute for Global Futures in an effort to understand
the current state of the profession relative to being “future ready”. Come and learn how
to better anticipate change and adapt faster. Better preparedness to meet the challenges of the
future is critical to tomorrow’s success.
AccountantsWorld Expert Series - Building a bridge to cpa firm of the futureCPA.com
What does the power of smart business mean for CPAs and their clients? In this era of change for the profession, digital transformation, globalization and other forces in play, this is one of the most challenging and exciting times to pursue a career as an accountant. Erik Asgeirsson, president and CEO of CPA.com, will discuss aspects of the changing technology landscape, the challenge of staying relevant and the great opportunities that lie ahead for those who embrace technology and specialization.
The future ready cpa – are you ready for the challenge nj showCPA.com
Increasing complexity in the future will continue to challenge individual CPAs, their firms and
their clients. CPA.com has partnered with the Institute for Global Futures in an effort to understand
the current state of the profession relative to being “future ready”. Come and learn how
to better anticipate change and adapt faster. Better preparedness to meet the challenges of the
future is critical to tomorrow’s success.
When looking for professional services today people are looking for experts in the field. To be an accountant offering accounting services you need to develop verticals/ niches that you will serve to be that true expert and become the trusted business advisor to your clients. Review the selection process, tools to arm yourself with and how to expand in a vertical niche.
2 Emerging Categories for Trusted Business: ACA & SALTCPA.com
The Affordable Care Act (ACA) and tax reform and state & local taxes (SALT), are topics under constant public and governmental scrutiny. Multiple regulatory updates and changing political landscapes add to their ongoing and evolving complexities.
As a CPA and a Trusted Business Advisor, take this opportunity to explore if and how this fits into client advisory services of today and learn many of the latest updates. During the webcast, we’ll cover some of the must-know regulatory changes and how you can translate the knowledge into strategies to discuss with your clients.
You’ll gain:
Deeper insights into the ACA and SALT
Essential client advisory talking points
Practitioner-focused resources
Outsourcing accounting work has gone through many phases and experienced different levels of receptiveness. Accounting firms are now considering the question of outsourcing outside and inside their firm. There are technologies and processes that have made this far more feasible.
Ring in the New Year and join the experts on hot technical updates to be prepared for a thriving BPO (business process outsourcing) practices in 2016! As we are aware, this business line is growing and maturing in accounting firms nationwide which leads to questions on best practices and the need for insights on changing regulations. Erik Asgeirsson and a panel of standard setters will share their insights and expertise on the following technical updates:
1. SSARS 21 effective date has now arrived!
• We will discuss how to best position modern day preparation services
• We will share best practices for SSARS21 legend implementation
• We will review how to setup these new legends in various cloud based accounting programs
2. ACA (Affordable Care Act) compliance for 2016
• We will review what firms need to know for 2016 filings
3. Becoming an Anticipatory CPA
• Learn more about a program coming to help you gauge hard and soft trends for more confident future planning
Building a bridge to CPA firm of the futureCPA.com
What does the power of smart business mean for CPAs and their clients? In this era of change for the profession, digital transformation, globalization and other forces in play, this is one of the most challenging and exciting times to pursue a career as an accountant. Erik Asgeirsson, president and CEO of CPA.com, will discuss aspects of the changing technology landscape, the challenge of staying relevant and the great opportunities that lie ahead for those who embrace technology and specialization. He will be joined by a panel of tech-savvy firm leaders who will offer insight into how they developed smart business strategies and advanced their role as trusted advisers to clients.
How to Take the First Steps to a Lucrative Virtual CFO Business ModelCPA.com
We all know that our clients are looking to us to provide higher-level, more prospective business insight, but how do we get there from here? You will learn how to seize the opportunity before the accounting profession today and the steps to ensure success.
Aicpa cpa.com world bank technology presentationCPA.com
CPA.com CEO, Erik Asgeirsson, discussed negotiating differences in culture, customs and language with other global accounting leaders at a World Bank forum on "Accountancy:Framing the Future," jointly hosted by the World Bank and International Federation of Accountants (IFAC) held in conjunction with the World Congress of Accountants in Rome.
Asgeirsson commented on how the professional accounting firms in Europe, Asia , South America and
the rest of the world are facing the same transforming forces as those in North America.
Todays client accounting services: new names for the same service?CPA.com
The pendulum is swinging back on the value of client accounting services to firms and clients in this digital age. Cloud based technology and more tech savvy clients has moved these traditional services from a compliance oriented business to an advisory and consultative service line for firms. In this session you will discuss the spectrum of accounting offerings today, how to effectively communicate the value and think about the driving forces to set the course for your firm.
If you are like most firms you’ve designed your service offerings around accounting, tax, audit,
litigation support, etc. – the traditional accounting and tax firm services and then organized your
firm to serve clients of all business types and industries as long as they fit under the service
offerings. Learn why this model may no longer be appropriate to serve today’s business clients.
Review case studies of firms that have made the change to a vertical focus first and then aligned
their service offerings to meet the needs of a vertical niche.
Uncover outsourced accounting opportunities during tax seasonCPA.com
During this webinar, we discuss how to work closely with your tax team to ask the right questions and identify new areas of opportunity for client accounting and advisory services. We also share ways for you to position and market these services.
The cloud is truly transforming the CPA client relationship. Perhaps nowhere is this more evident than in the area of financial reporting and advisory services. In this webinar we will explore this more closely from both the perspective of the practitioner as well as a leading accounting technology provider.
Join Erik Asgeirsson, president and CEO of CPA.com, Marc Linden, CPA, CFO of Intacct, and Marcus Wagner, CPA, CEO of AcctTwo Shared Services, as they discuss the following:
How today’s accounting solutions are driving agility and improving advisory capabilities
Strategies for increasing firm relevance
Trends in modern day cloud financials
Staying Relevant…it's top of mind for every CPA and managing partner today. Will technology disrupt my practice? How do I move from compliance expert to strategic advisor? These are questions practitioners struggle with every day. Erik Asgeirsson, President and CEO of CPA.com, the technology subsidiary of the AICPA, will provide insights and observations on today’s digital landscape, including disruptive and transformative technologies driving change in audit, tax and client accounting services and what firms across the country are doing to stay relevant.
Customer Experience: A Catalyst for Digital TransformationCloudera, Inc.
Customer experience is a catalyst in many digital transformation projects. It is why many businesses invest in new technologies and processes to more effectively engage customers, constituents, or employees. The goal of putting digital tools to work in a transformative way is to ensure that data and insights connect people with information and processes that ultimately lead to a better experience for customers. Yet, it demands a modern approach that considers all of the platforms, processes, and data across the customer journey. The goal for many organizations is dynamically maintaining a single source of truth about each customer to drive personalized experiences based on individual preferences and behaviors.
However, businesses today have primarily invested in systems of record. While these systems are critical for managing internal operational processes, they are typically not effective for today's pace of business change. Insight-driven experiences require customer intelligence platforms that can finally create a customer 360. The deeper data and improved algorithms now available let users factor in individual affinity, segment, and a myriad of growing data sources. The result is greater relevance and effectiveness to deliver a differentiated experience that in today’s competitive landscape is not a luxury, but a necessity for survival.
In this session we will address:
3 things to learn:
•Leaders and Laggards of digital transformation
•How to create data-driven customer insights
•The importance of machine learning to uncover hidden insights
The demands on nonprofit finance teams have continued to increase. You must create greater levels of transparency and visibility, enhance the governance of the organization, and drive strategic focus—all while improving productivity. Learn how Sage Intacct enables nonprofits to:
Support separate, balanced sets of books required for fund accounting
Distribute responsibilities to contributors and managers
Track general vs. restricted dollars , balance and close each fund, contract or grant independently
Take advantage of the cloud to eliminate IT costs and headaches.
How Deloitte Uses AI to Simplify Reporting and Increase ValueAmazon Web Services
In this webinar, you’ll learn how Deloitte, a multinational consultancy, solves client pain points around employee efficiency, scale, regulatory compliance, and customer engagement using Quill, a NLG solution created by Narrative Science and deployed on AWS. You’ll learn how you can easily get started with artificial intelligence on AWS to derive deeper insights, improve operational efficiency, enhance customer experiences, and meet compliance requirements.
Join our webinar to learn:
- How NLG can solve problems around internal reporting, operational efficiency, and regulatory compliance
- How Deloitte delivered transformative solutions both internally and to clients on AWS while saving over $600K
- How to get started with NLG in your organization
CPaaS has been around for over a decade but in the last three years it emerged as one of the fastest-growing segments within business communications. Service providers have been an integral part of the value chain from the beginning but the market has been largely defined by CPaaS providers. In this webinar we look at the CPaaS competitive landscape and the implications for service providers looking to benefit from this opportunity.
Anticipating the future is hard. But in today’s fast paced world it’s more critical than ever. And there are techniques available that can help you mitigate innovation risk and be more effective at strategic planning. Daniel Burrus, one of the world’s leading futurists on trends and innovation and NY Times bestselling author, uses his success and expertise to teach others how to build their competency of anticipation.
In this session, Erik Asgeirsson, CEO of CPA.com, and Daniel Burrus will discuss:
The hard trends report gathered from firms at DCPA 2016
What this means for firms
How to capitalize on the opportunities created by these trends.
Get unstuck from analysis paralysis, and gain tools and inspiration to facilitate your firm’s growth with certainty!
Maturing of the cloud for accountants world webcast 8 20-14CPA.com
Cloud technologies available to the accounting profession have matured in sophistication as has the adoption by firms. The data is showing the influence on how practitioners are working, a rise in the service level of what they are producing and affecting the very vision owners have of their practice. Erik Asgeirsson, President, CEO, CPA.com, Inc., will discuss these trends and the impact they are having on firms and the client relationship.
Are you ready to transition your accounting system to a modern cloud based platform that delivers business process automation while providing you with robust financial reporting and analytics to manage your operations? The Raffa Technology team invites you to our educational seminar reviewing the powerful web based accounting software Intacct. This presentation will focus on the key business drivers for cloud based accounting systems and provide you with best practices for evaluating and implementing the right solution for your organization.
Reimagine Your Business in a Digital-First World with MicrosoftPerficient, Inc.
Digital. The word is permeating every organization and industry today. Digitally transforming your business is increasingly critical to continued growth, but the path to digitalization isn’t always well-defined. What does reimagining your business in this digital age really mean?
You should be assessing your capabilities around the four “megatrends” of cloud, mobile, social, and analytics development, and creating a strategy and a road map to improve and differentiate core capabilities leveraging these digital technologies.
Our webinar demonstrated how you can use Microsoft technology to create a holistic digital transformation across the enterprise, and embrace the four megatrends to increase productivity, improve customer service, expand market share, and ultimately, increase revenue.
Digital Manufacturing and Design Innovation InstitutePlantEngineering
Announced earlier this year, the Digital Manufacturing and Design Innovation Institute (DMDII) is a Chicago-based manufacturing hub that will bring together public, educational and private interests to accelerate innovation and reduce development time and costs. Learn how all manufacturing will benefit from the research and development based at this digital lab.
Digital Manufacturing and Design Innovation InstituteControlEng
Announced earlier this year, the Digital Manufacturing and Design Innovation Institute (DMDII) is a Chicago-based manufacturing hub that will bring together public, educational and private interests to accelerate innovation and reduce development time and costs. Learn how all manufacturing will benefit from the research and development based at this digital lab.
The Digital Enterprise - Alfresco Summit Keynote 2014John Newton
US Fed Reserve says that productivity growth been declining in the 21st Century and IT has not necessarily been the solution. In Europe, growth has stalled completely and economies are facing the prospect of deflation. Business and operational models from the 20th Century no longer scale as we face exponential growth in information, activity and connections. We no longer give workers the scope or space to get work done. Waste and ad hoc process are killing us. We must reorganise how the company works and the way we do work. We must eliminate the waste of unnecessary paperwork, busy work and communication by digitising, automating and measuring that work into a Digital Enterprise. We must allow The Digital Enterprise will integrate information, processes, work and people to collaborate more efficiently and effectively to produce more valuable products and services.
The path to a Modern Data Architecture in Financial ServicesHortonworks
Delivering Data-Driven Applications at the Speed of Business: Global Banking AML use case.
Chief Data Officers in financial services have unique challenges: they need to establish an effective data ecosystem under strict governance and regulatory requirements. They need to build the data-driven applications that enable risk and compliance initiatives to run efficiently. In this webinar, we will discuss the case of a global banking leader and the anti-money laundering solution they built on the data lake. With a single platform to aggregate structured and unstructured information essential to determine and document AML case disposition, they reduced mean time for case resolution by 75%. They have a roadmap for building over 150 data-driven applications on the same search-based data discovery platform so they can mitigate risks and seize opportunities, at the speed of business.
John O’Leary, nationally bestselling author of “On Fire: The 7 Choices to Ignite a Radically Inspired Life,” will be speaking on these choices at this year’s Digital CPA Conference. In this webcast he and John Engels, leadership coach with over 30 years experience, will join Erik Asgeirsson, CEO of CPA.com, to discuss the importance of owning your successes, failures and leadership. Get tips on stopping a culture of blaming and finger pointing, and build a culture of accountability. Everyone plays a role in the effectiveness of their team and firm. Use this 1 hour webcast as short firm retreat and open the dialog among colleagues.
Dr. Geoffrey Moore studied the accounting profession and revealed 3 mega trends that were driving significant change in the profession and broke down the 4 stages firms are going through as they transform. Sometimes we need to revisit the core principles as we prepare for a change to ensure the objectives are set and vision is clear. In this session, we will review the core principles of “Harness the Power of the Cloud”. Review the lessons we can learn and focus on what matters most.
CPA.com CEO, Erik Asgeirsson, will provide his annual update on the state of today’s digital firm. Specifically, Asgeirsson will share his perspective on what firms need to do in order to remain relevant in the coming year. He will also provide insight on the key innovations he sees occurring across the different practice areas from new business models, to advances in regulation, to growth strategies driving success. Aligning with this year’s conference theme, Asgeirsson will also introduce ways that firms can truly take the lead while transforming into a Digital CPA.
Will Your Firm Thrive or Just Survive? The Critical Competency for Today’s Pr...CPA.com
Today, the world of professional education, and accordingly the accounting profession, is migrating toward a competencies-based learning approach. But what are the most critical competencies for practitioners and firms to thrive in today’s ever changing, fast paced business environment?
Most of us wish we had the prowess for predicting future trends, but others have tried and true competencies in this area. Daniel Burrus is one of the world’s leading technology forecasters and innovation experts and the featured keynoter speaker at this year’s DCPA16. He is globally recognized for his exceptional 30+ year record of accurately predicting how technological, social, and business forces converge to create untapped opportunities.
Join CPA.com president and CEO, Erik Asgeirsson as he discusses the critical Anticipatory competency with Daniel Burrus, Horne LLP CEO Joey Havens and the CEO of the Maryland Association of CPAs, Tom Hood. This webinar will cover:
· The difference between hard trends and soft trends
· Why it is important to identify trend types
· Use cases of how these skills are being used in the profession
Sales and Use Tax: What your Firm Needs to KnowCPA.com
One of the fastest growing niche areas for firms is Sales and Use Tax client advisory services. It’s an area that is increasingly complex for businesses to understand and comply with. It impacts businesses large and small. Audits can be time consuming and costly. The rules are fluid and the target keeps moving. It’s not a question of if there will be additional change but rather how. Will it come through legislation? Will it come through the courts? Clients turn to their trusted professionals when it comes to navigating complexity. Are you current on what you need to know?
Please join Erik Asgeirsson, president and CEO of CPA.com, Andrew Johnson, CPA, and Vishal Thakkar as they discuss:
What you need to know in regards to recent sales and use tax updates
The basic principles of nexus, and the implications surrounding it
The sales tax ramifications of selling online, and how to get a sense of your clients’ activity
Learn about the steps to build a sales and use tax practice
CPA.com and Confirmation.com are bringing private company financial information exchange into the 21st century with their new financial clearinghouse solution, RIVIO. The platform validates CPA Firms, and ensures that unaltered financial documents are delivered to key financial stakeholders (CPA Firms, Lenders/Investors, and Private Businesses). This document provides an overview to the RIVIO Clearinghouse, the New Benchmark in financial document exchange.
Select, Specialize, Succeed: Marketing Your Vertical NicheCPA.com
This webinar discussed the benefits of focusing on a niche market and how to select a niche that best aligns with your firm’s expertise and mission. You will learn how to develop messaging to address industry-specific challenges. Marketing tips and strategies are shared to help you increase awareness of your firm and position your client accounting and advisory services.
We hear a lot about growing business which tend to lead to thoughts of adding services to existing clients, increasing rates, finding new clients, etc. Now factor in the impact of templosion, what is your strategy for a relevant and growing practice? When we think of growth and being future ready you should pause to reevaluate your growth strategies. In this webcast we will cover tactics to consider when growing a future ready CPA firm through a focus on innovation, being responsive to technology change, involving various team members and more.
Overcoming roadblocks in creating a next generation accounting practiceCPA.com
Growing a leading client accounting services practice doesn’t happen overnight– it requires a well-structured business plan, highly motivated staff, best-of-breed technology solutions, and a client-centric focus.
As you embark on building an efficient practice that leverages innovative technologies and services, you may encounter some obstacles – from firm leadership and staff, as well as clients. Join us for a webinar where we will discuss how to overcome common roadblocks to achieve success.
How to Take the First Steps to a Lucrative Virtual CFO Business ModelCPA.com
Slides from a webinar that shows how to move beyond traditional offerings and support clients with CFO services. Topics discussed include niche specialization and the critical pieces of getting started to enable heightened client collaboration.
Recruiting in the Digital Age: A Social Media MasterclassLuanWise
In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
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Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
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Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
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Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Metamorphosis of the Digital CPA
1. Walt Disney World
Swan and Dolphin Resort
Orlando, FL
D02: Metamorphosis of
the Digital CPA
June 8, 2015, 12:30-1:45
Erik Asgeirsson, president & CEO, CPA.com
#PSTech
IN PARTNERSHIP WITH
2. American Institute of CPAs®
#PSTech
Erik Asgeirsson
President & CEO, CPA.com
• Industry leader with over 20 years of
experience leading technology organizations
• Consistently recognized as one of Accounting
Today’s “Top 100 Most Influential People”
• BS Electrical Engineering, George Washington
University, and MBA in Finance, NYU Stern
School of Business
3. American Institute of CPAs®
#PSTech
Today’s Discussion
Defining the Digital CPA
The Mindset
Strategies
8. American Institute of CPAs®
#PSTech
Firm Service Lines
Audit Tax BPO
Impact of Technology
to Major Firm Service Lines
• Efficiencies
• Innovation
• Efficiencies
• Innovation
• Transformative
• Revenue Growth
New Opportunities Emerging
Dramatic Change
Past Few Years
9. Changing Firm Value Proposition
Value
Automation
Today Tomorrow
Trusted
Advisor
Trusted
Advisor
Growth
Specialization
Business Insights
Commoditization of low end
Higher Margin
Low margin/fee pressures
Automation
Of Services
Transactional
Decline
Transactional
Bookkeeping
12. American Institute of CPAs®
#PSTech
“In times of disruption the bridge
builders win.”
- Nicholas Carr, author of “The Glass Cage”
2014 Digital CPA Conference Keynote
12
13. American Institute of CPAs®
#PSTech
Differentiate
Defined
purpose
Leverage the
Cloud
Start
now
The Foundation
• “Accounting Services - Harnessing
the Power of the Cloud”
• Geoffrey Moore
• “Start with Why”
• Simon Sinek
• “The Big Switch”
• Nicholas Carr
• “Future Smart”
• Dr. James Canton
15. American Institute of CPAs®
#PSTech
“Today a small firm doesn’t mean simple and a
large firm mean sophisticated. Technology has
leveled the field.”
- Greg Lafollette, CPA.CITP
CPA Practice Advisor Thought Leader Hall of Fame Member
16. Top 100 Top 500
Small Firms*
Widespread Adoption: The Great Equalizer
(CPA firms and outsourced F&A firms)
17. American Institute of CPAs®
#PSTech
Digital CPAs are Progressive
CHASM
Where are
you?
CPA
Profession
18. American Institute of CPAs®
#PSTech
Attributes
Entrepreneurial
Innovative
Risk taker
Leader
20. American Institute of CPAs®
#PSTech
The Cloud is the Computer
‣ Next stage of IT democratization
‣ User-friendly online interfaces: easy buying,
easy configuring, easy monitoring
‣ New applications
(what is the cloud’s spreadsheet?)
‣ IT as enabler, not gatekeeper
Source: “The Big Switch & Beyond” – Nicholas Carr, author, 2014 Digital CPA Conference
Keynote
21. Growth of Amazon Cloud Services
More than a million active customers in 190
countries, including 900 government agencies,
3,400 education institutions and more than 11,200
nonprofits.
11 Regions in the U.S., Brazil, Europe, Japan,
Singapore, Australia, and China with 28 Availability
Zones.
Global network of AWS Edge locations now
consists of 52 points of presence worldwide,
including locations in the United States, Europe,
Asia, Australia and South America.
Reduced prices 47 times since AWS launched in
2006 [Dec. 2014].
Every day, Amazon Web Services adds enough
new server capacity to support all of Amazon's
global infrastructure when it was a $7 billion
enterprise.
22. 22
Source: “20/20 Vision for 2020: The New Small Business Application Market” – Bob
Anderson, Gartner, Inc. 2014
Per Gartner SaaS,
cloud market will be
significantly larger
than on premise
software by 2020
23. American Institute of CPAs®
#PSTech
“Driver to go to cloud based services is not cost,
but agility and functionality.”
- Doug Menefee
Enterprise CIO Advisory, Amazon Webservices
24. American Institute of CPAs®
#PSTech
Cloud Accounting – Value Proposition to Your Clients
25. American Institute of CPAs®
#PSTech
2020 Vision for Small Business Applications
Suites replaced by loosely coupled applications
Cloud deployment for almost everything
Importance collaborative workflows (internal and external)
Mobility first – Everywhere, in every application, on every
device
Embedded and Predictive Analytics - Big Data Streams
Integration, Open API’s as we move from suites to federated
apps
Application marketplaces
Security takes on new meaning for you and your clients
25
Source: “20/20 Vision for 2020: The New Small Business Application Market” – Bob Anderson, Gartner, Inc. 2014
26. Cyber Security and the Cloud
• Ongoing high profile cyber attacks
• Key is to manage, contain, and react to
the threats
• Cloud offers significant opportunities
from both capability and security
perspective
• Important to always think about
security and leverage best practices
(SOC, etc.)
27. American Institute of CPAs®
#PSTech
“If you look at the history of the American
capital market, there's probably no
innovation more important than the idea of
generally accepted accountancy principles.”
- Larry Summers
Former Secretary of Treasury
27
Standards are Evolving as Well…
28. American Institute of CPAs®
#PSTech
New Standard for Client Accounting Services
Most Significant Non Audit Standard Change of Past 35
years (SSARS 21):
• Creates a bright line between accounting (preparation) and
reporting (compilation and review) services
• Adapts the older standards for the current electronic and cloud
based environment
• Very significant change for Firm Client Accounting/BPO Practices
30. American Institute of CPAs®
#PSTech
Legend Examples
No assurance is provided on these financial statements.
These financial statements have not been subjected to an audit or
review or compilation engagement, and no assurance is provided on
them.
No assurance is provided by ABC CPAs on these financial statements.
ABC CPAs did not perform an audit, review or compilation engagement
on these financial statements, and no assurance is provided on them.
ABC CPAs adhered to Statement on Standards for Accounting and
Review Services (SSARS) No. 21 issued by the American Institute of
Certified Public Accountants in the preparation of these financial
statements. No assurance is provided on these financial statements.
31. American Institute of CPAs®
#PSTech
New Thinking Required
Key Areas:
• Revise Positioning and Services
• Write-up & Compilation Service
• Client Accounting & BPO Services
• Value of CPA Firm
• Updating of Engagement Letters
• Updating of Service Delivery
• Legend requirement is an
OPPORTUNITY to highlight firm
value
32. American Institute of CPAs®
#PSTech
Increasing Automation
‣ Automation of “tacit” (psychomotor) skills: pilots, drivers,
soldiers ...
‣ Automation of intellectual skills: accounting, medicine, law,
management ...
‣ Automation of creative work: architecture, design, teaching
...
‣ Efficient orchestration of commerce
‣ Concentration of profit
Source: “The Big Switch & Beyond” – Nicholas Carr, author, 2014 Digital CPA Conference Keynote
33. American Institute of CPAs®
#PSTech
Dangers Ahead
Complacency, Bias, Deskilling: “The Glass Cage”
Source: “The Big Switch & Beyond” – Nicholas Carr, author, 2014 Digital CPA Conference
Keynote
34. American Institute of CPAs®
#PSTech
Trusted Advisors Role
‣ Transcend the routine
‣ Develop specialized knowledge
‣ Stay ahead of automation wave
‣ Be valued for expertise and insight
‣ Translate data into wisdom
Source: “The Big Switch & Beyond” – Nicholas Carr, author, 2014 Digital CPA Conference
Keynote
35. American Institute of CPAs®
#PSTech
80% of CPA’s Think Their Role will Change Significantly in
the Future
Requires professionals to be more intimate with
clients and the shifting marketplace
More aware of globalization
Better understand digital tools
Develop insights into business processes that create
value
35
36. American Institute of CPAs®
#PSTech
New Look to Client and Firm Engagement
Accounting Today,
January 2015
36
37. American Institute of CPAs®
#PSTech
Additional Reading
“Future Ready CPA Study”
• CPA.com and Dr. Canton
• www.CPA.com/future-ready-cpa
“Accounting Services - Harnessing the Power of the Cloud”
• Dr. Geoffrey Moore
• http://www.cpa.com/whitepapers/accounting-services-harness-power-cloud
“Model of Success”
• Jeff Drew, Journal of Accountancy
• http://www.journalofaccountancy.com/issues/2015/apr/accounting-firm-business-
models.html
37
40. American Institute of CPAs®
#PSTech
Resources
Digital CPA Webcast Series
• “2 emerging services for Trusted Business Advisors: Affordable
Care Act & SALT”
• July 16, 2015, 2-3pm ET
CPA.com Blog
Follow @CPAcom on Twitter
• #DigitalCPA
40
We did a study late last summer w/ the Global Institute of Future Studies and Dr. Canton – talk about how we did the study w/ focus groups then surveys.
Click for the pop out: When we think of the mindset a couple stats are relevant (90% believe digital future fast approaching , but only 8% think the profession is ready)
And 80% see their role changing significantly! So what does that mean?
The Digital CPA’s are thinking in this way and building the bridge now to this 2025 role.
What service lines are seeing the impact of these strategies?
Given all of this here is where we see the value proposition changing to for firms.
Accounting Today even had an article about ways to Protect your Firm, 1 was about not knowing enough about the industry and the liability of servicing a client that you don’t know enough about. (I tweeted this on 4/6/15)
(rehmann) Here is a firm that is repositioning these services. Note how they are addressing client issues, technology use implied, and showing collaboration.
The key is not to get hung up on the terms, but explain it in a way your clients will identify and see the value for themselves.
Wiss created FWRD as their branding. Does the client want the bike, car or jet to move their business forward and here are the services they will get. (come back to how the technology really makes this possible today)
Digital CPA’s are the bridge builders. They are thinking about the importance of technology as a part of running a business, but they are just as aware and focused on the NEW strategies and change management to lead to the way for staff, clients and the profession.
Erik
(moore)To effectively build your innovation strategy we have to have a solid foundation. 1st understand how to harness the power – discuss Moore’s discussion on the significance of automation and how this is changing the core of what the profession is doing and going.
(sinik)Then you have to incorporate your firm’s why given this evolution. As we will hear today with our guest speakers firms are building practices that build on their personal why (explain the concept a bit for anyone not familiar).
(carr)Once you have clearly defined your firm’s why and idea of how automation is changing the services of a firm lets think about the human touch. All this technology allows us to provide a new service that is in alignment with what clients are asking for, but the key is now you are using your expertise and thinking deeper about your clients not doing the transactional work that technology can supply today.
(canton)So what is ahead in 2025? This is a question people build careers on being able to answer. We may not be able to exactly predict what it will be like, but we need to have a level set on are we preparing? Are we thinking about the future? Is the accounting profession ready? Now that we know where the profession feels weak we can address that which is what we want to help today.
At times we will hear firms start to clarify what is possible for them by starting w/ the size firm they are. This does not need to be part of your mindset. Every firm has the opportunity to adopt, implement and become a specialized leader. The technology has been a great leveling agent, so if that is in your mind don’t let it be.
I like to show this slide so you don’t have to take my word for it, but really see the success of firms embracing mindset. And it takes embracing one of being….
“Today a small firm doesn’t mean simple and a large firm mean sophisticated. Technology has leveled the field.”
Greg Lafollette, CPA.CITP
You may not see yourself as the Innovators or Early Adopters, but if you are thinking this way you are at a minimum in the early majority and leading the profession. At some point Digital CPA won’t be a necessary description b/c the majority of the profession will have these strategies, but right now those that are adopting this mindset and strategies are the ones leading the way for the profession.
We have defined it. we have discussed the mindset so what are the strategies now?
The studies are showing the widespread adoption of cloud and though the conversation used to be centered around cost savings now the move is really about agility and functionality. Get exactly the functionality you need w/ custom ERP’s if you will. And the agility of growing, attracting clients in your specialty wherever you want is key. I recently had a panel in NY and one of the practitioners, based in NJ, said her biggest competitor was in IA. You can make your specialty known and recognized and the cloud is now about helping you build out that business not just the cost.
Fuse Phase Cloud Accounting Video
A regulatory change that has taken place that should impact your strategy is SSARS21. W/ firms offering these trusted advisor and controllership services this standard levels the field in regard to requirement for CPA firms and non-CPA firms.
These are examples that are in the guides coming out late July
This means you need to rethink how to position and educate clients and banks on the accounting service you are doing. What does this have to do w/ a Digital CPA? The Digital CPA is more hands on with their clients and their accounting is one of the most advantageous and needed ways for you to offer them value.
So let’s talk automation. We have all heard about it and trying for it for years. How this plays into automation is let’s take a step back and not just think of it in the impact on workflow for, how we think and interact.
Discuss the bullet points.
(carrying over on the impact of our thinking)
So the strategy for the DCPA and the Trusted Advisor is…. (discuss bullets)
Some stats to review that are influencing how these firms are thinking
(CPA of Future study)
the CPA of the Future will offer more consultative business development, risk management, and advisory services by 2025
More consultative services to help a business grow and manage risk are on the horizon.
Here is a firm thinking outside the box and marrying technology w/ client and staff engagement. Not just about workflow, but how this also helps build the relationship w/ the client.
http://digital.accountingtoday.com/accountingtoday/january_2015#pg1
Future Ready.. Gives context of where is looks like the future of the profession is headed as you start thinking about the future innovations for your firm. Keeping in context is helpful to provide focus.
This is also true w/ the Harnessing the Power… This gives ideas for service models. There are so many examples of industries that have been evolved substantially – older examples are travel agencies w/ the advent of online booking tools, and newer examples are Uber “everyone’s personal driver”
Model for Success is an article that was just out in JOA really talking about an association and how they work together to do experiments and see what works for successful business models in accounting firms. Take a look.
To further the research we work to bring to the profession CPA.com is working with TrustRadius to develop a buyers guide that evaluates the accounting software available today to give you a report on what products are a fit for various business models. If you are using accounting software we are looking for your input.
Twitter – we have more handles you can follow from those here at this conference to keep the learning going.