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Social Media for CPA
Professionals
Student Edition
Presented by:
Tom Hood, CPA, CITP, CGMA
CEO
Maryland Association of CPAs
Business Learning institute
Tom Hood
•  Named as fourth Most Influential in
Accounting by Accounting Today Magazine
•  Top 150 Influencer by Linked-In
•  Top 25 Influencers in Learning & HR by HR
Examiner
•  Top 25 Public Accounting Thought Leaders
by CPA Practice Adviser
•  Working on Learning Management with
AICPA/CPA2Biz, Cloud Curriculum,
Performance Management /XBRL,
Leadership & Generations
Tom Hood, CPA, CITP, CGMA
CEO
MACPA www.macpa.org
Business Learning Institute
(BLI) www.blionline.org
http://www.linkedin.com/in/tomhood/
Download today’s slides at …	

www.SlideShare.net/thoodcpa
Our research methodology #MBSN	

MACPA NewYoung Professional Network collaborating to identify issues
Top Seven Issues – 2012	

1.  Information overload (including accounting and tax
complexity)	

2.  Work / life balance	

3.  Generational issues and communications (including
upper management not sharing knowledge with the
younger generation)	

4.  Developing networking skills	

5.  Keeping up with technology -- especially the cloud	

6.  Finding career guidance	

7.  Understanding social media benefits	

CPA Success blog post http://cpa.tc/1ef
Five	
  Things	
  Every	
  Professional	
  Needs	
  
to	
  be	
  Good	
  At	
  
1.  Learning	
  and	
  staying	
  on	
  the	
  cu>ng	
  edge.	
  
2.  Managing	
  your	
  career	
  (yep,	
  you	
  have	
  to	
  
take	
  charge	
  of	
  your	
  own	
  career).	
  
3.  Doing	
  the	
  work	
  (research,	
  producIvity,	
  
communicaIon).	
  
4.  InteracIng	
  with	
  your	
  peers	
  and	
  
colleagues.	
  
5.  Becoming	
  a	
  thought	
  leader	
  in	
  your	
  field.	
  
	
  	
  
	
  -­‐	
  Allen	
  Blue	
  co-­‐founder	
  Linked-­‐In	
  
hQp://lnkd.in/HghTcX	
  
Keeping Up WithTechnology	

http://www.macpa.org/blog/category/6/technology-social-media
MACPA s Journey	

Tom	

Bill
34
MACPA’s Social Media Map
82,027 views
80,568 views
450 members
3,570 followers
1,251 connections
450 connections
Top 50 Business Blogs - 2011
Top Accounting
Blogs – 2009, 2010, 2011
Why	
  is	
  Twi)er	
  important?	
  
Bill	
  Sheridan,	
  CAE	
  
The	
  Business	
  Learning	
  Ins?tute	
  
1.  InformaIon	
  
2.  CiIzen	
  journalism	
  
3.  Customer	
  service	
  
4.  CommunicaIon	
  /	
  
collaboraIon	
  
Case	
  Studies	
  
On	
  the	
  Cover	
  of	
  a	
  Magazine?	
  
•  BCG	
  &	
  Company	
  –	
  blogs,	
  twiQer	
  
•  Naden/Lean	
  –	
  blogs,	
  twiQer	
  
•  James	
  Carroll	
  –	
  facebook,	
  twiQer	
  
•  Morris	
  &	
  D’Angelo	
  
Thought	
  Leadership	
  
35
Social	
  Media	
  Engages	
  &	
  Shares	
  Insights	
  
The	
  twiQer	
  stream	
  from	
  AICPA	
  Leadership	
  Academy	
  
Social	
  Media	
  connects	
  us	
  to	
  thought	
  leaders	
  
Real	
  Time	
  Focus	
  Group	
  
Example	
  of	
  using	
  TwiQer	
  to	
  get	
  immediate	
  real	
  Ime	
  feedback	
  for	
  this	
  preso	
  
Advice	
  for	
  today	
  
The	
  MarrioQ	
  Story	
  
“Bill’s	
  blog	
  makes	
  me	
  feel	
  
connected	
  to	
  the	
  organiza7on	
  
in	
  a	
  way	
  I	
  had	
  not	
  felt	
  before.	
  I	
  
feel	
  more	
  informed	
  and	
  closer	
  
to	
  the	
  organiza7on	
  than	
  ever	
  
before.”	
  –	
  from	
  a	
  MarrioQ	
  
Finance	
  Team	
  member	
  during	
  
an	
  MACPA	
  Professional	
  Issues	
  
update	
  at	
  their	
  HQ	
  in	
  
Bethesda,	
  MD	
  ].	
  
What	
  if	
  you	
  could	
  keep	
  your	
  organizaIon	
  informed	
  and	
  inspired	
  
by	
  your	
  thoughts?	
  
Three	
  authors	
  
ReTweeted	
  this	
  
blog	
  post	
  which	
  
menIoned	
  their	
  
books…	
  
hQp://www.cpasuccess.com/2012/01/the-­‐top-­‐ten-­‐business-­‐books-­‐of-­‐2011.html	
  
	
  
Featured	
  
our	
  blog	
  
post	
  
http://dld.bz/agc8f
The	
  post	
  was	
  even	
  featured	
  in	
  an	
  accounIng	
  
educator’s	
  “daily”	
  distributed	
  to	
  his	
  followers.	
  
Social	
  Media	
  to	
  engage	
  &	
  connect	
  at	
  
the	
  NE	
  CPE	
  conference	
  
Another	
  example	
  of	
  using	
  
social	
  media	
  to	
  engage	
  a	
  
broader	
  audience.	
  In	
  this	
  case	
  
I	
  used	
  twiQer	
  to	
  get	
  feedback	
  
from	
  CPAs	
  about	
  the	
  use	
  of	
  
social	
  media	
  in	
  learning.	
  
	
  
It	
  also	
  informed	
  CPAs	
  about	
  
the	
  NE	
  CPE	
  Conference	
  so	
  
they	
  “heard”	
  that	
  we	
  were	
  
working	
  hard	
  to	
  improve	
  the	
  
learning	
  for	
  them.	
  	
  
	
  
The	
  followed	
  up	
  with	
  a	
  blog	
  
post	
  about	
  the	
  event	
  and	
  got	
  
more	
  engagement	
  with	
  
comments	
  from	
  the	
  group.	
  
	
  
	
  
TwiQer	
  during	
  the	
  event,	
  slideshare	
  &	
  blog	
  post-­‐event	
  
It’s	
  Bigger	
  Than	
  You	
  Think	
  –	
  Social	
  
OrganizaIons	
  
From:	
   	
   	
   	
   	
   	
   	
   	
  To:	
  
Hierarchy 	
   	
   	
   	
   	
   	
  Network	
  
Command	
  &	
  Control 	
   	
  Connect	
  &	
  Collaborate	
  
Experience	
  Curve	
   	
   	
   	
  CollaboraIon	
  Curve	
  
Lecturer 	
   	
   	
   	
   	
   	
   	
  Facilitator	
  
Push 	
   	
   	
   	
   	
   	
   	
   	
  Pull	
  
“In	
  a	
  period	
  of	
  rapid	
  change	
  and	
  increasing	
  
complexity,	
  the	
  winners	
  are	
  going	
  to	
  be	
  the	
  
people	
  who	
  can	
  LEARN	
  faster	
  than	
  the	
  rate	
  of	
  
CHANGE	
  and	
  faster	
  than	
  their	
  COMPETITION.”	
  
-­‐	
  Tom	
  Hood,	
  CPA.CITP.CGMA	
  7/15/13	
   T	
  
Why	
  students	
  should	
  care	
  about	
  Social	
  
Media	
  
“In-­‐forming	
  is	
  the	
  individual	
  person's	
  
analog	
  to	
  open-­‐sourcing,	
  outsourcing,	
  
insourcing,	
  supply-­‐chaining,	
  and	
  
offshoring.	
  Informing	
  is	
  the	
  ability	
  to	
  build	
  
and	
  supply	
  your	
  own	
  personal	
  supply	
  
chain—a	
  supply	
  chain	
  of	
  informa?on,	
  
knowledge,	
  and	
  entertainment.	
  In-­‐
forming	
  is	
  about	
  self-­‐collabora?on—
becoming	
  your	
  own	
  self-­‐directed	
  and	
  self-­‐
empowered	
  researcher,	
  editor,	
  and	
  
selector	
  of	
  entertainment.	
  
	
   	
   	
   	
   	
   	
  	
  –	
  Thomas	
  Friedman	
  
Tom Hood, CPA.CITP	

CEO	

Maryland Association of CPAs	

Business Learning Institute	

(443) 632-2301	

E-mail tom@macpa.org	

Web http://www.macpa.org	

Blog http://www.cpasuccess.com	

	

	
  
Follow me on:	

ü Twitter: http://www.Twitter.com/tomhood	

ü LinkedIn: http://www.linkedin.com/in/tomhood	

ü Facebook: http://www.facebook.com/thoodcpa	

ü Google +:
https://plus.google.com/104372556333854919205	

ü Slideshare: http://www.slideshare.net/thoodcpa	

ü Youtube: http://www.youtube.com/thoodcpa	

ü Second Life avatar name: Rocky Maddaloni

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Social Media for CPA Professionals - Accounting Student Edition

  • 1. 111 Social Media for CPA Professionals Student Edition Presented by: Tom Hood, CPA, CITP, CGMA CEO Maryland Association of CPAs Business Learning institute
  • 2. Tom Hood •  Named as fourth Most Influential in Accounting by Accounting Today Magazine •  Top 150 Influencer by Linked-In •  Top 25 Influencers in Learning & HR by HR Examiner •  Top 25 Public Accounting Thought Leaders by CPA Practice Adviser •  Working on Learning Management with AICPA/CPA2Biz, Cloud Curriculum, Performance Management /XBRL, Leadership & Generations Tom Hood, CPA, CITP, CGMA CEO MACPA www.macpa.org Business Learning Institute (BLI) www.blionline.org http://www.linkedin.com/in/tomhood/
  • 3. Download today’s slides at … www.SlideShare.net/thoodcpa
  • 4. Our research methodology #MBSN MACPA NewYoung Professional Network collaborating to identify issues
  • 5. Top Seven Issues – 2012 1.  Information overload (including accounting and tax complexity) 2.  Work / life balance 3.  Generational issues and communications (including upper management not sharing knowledge with the younger generation) 4.  Developing networking skills 5.  Keeping up with technology -- especially the cloud 6.  Finding career guidance 7.  Understanding social media benefits CPA Success blog post http://cpa.tc/1ef
  • 6. Five  Things  Every  Professional  Needs   to  be  Good  At   1.  Learning  and  staying  on  the  cu>ng  edge.   2.  Managing  your  career  (yep,  you  have  to   take  charge  of  your  own  career).   3.  Doing  the  work  (research,  producIvity,   communicaIon).   4.  InteracIng  with  your  peers  and   colleagues.   5.  Becoming  a  thought  leader  in  your  field.        -­‐  Allen  Blue  co-­‐founder  Linked-­‐In   hQp://lnkd.in/HghTcX  
  • 9. 34 MACPA’s Social Media Map 82,027 views 80,568 views 450 members 3,570 followers 1,251 connections 450 connections Top 50 Business Blogs - 2011 Top Accounting Blogs – 2009, 2010, 2011
  • 10. Why  is  Twi)er  important?   Bill  Sheridan,  CAE   The  Business  Learning  Ins?tute   1.  InformaIon   2.  CiIzen  journalism   3.  Customer  service   4.  CommunicaIon  /   collaboraIon  
  • 11. Case  Studies   On  the  Cover  of  a  Magazine?   •  BCG  &  Company  –  blogs,  twiQer   •  Naden/Lean  –  blogs,  twiQer   •  James  Carroll  –  facebook,  twiQer   •  Morris  &  D’Angelo  
  • 12.
  • 14. 35 Social  Media  Engages  &  Shares  Insights   The  twiQer  stream  from  AICPA  Leadership  Academy  
  • 15. Social  Media  connects  us  to  thought  leaders  
  • 16. Real  Time  Focus  Group   Example  of  using  TwiQer  to  get  immediate  real  Ime  feedback  for  this  preso  
  • 18. The  MarrioQ  Story   “Bill’s  blog  makes  me  feel   connected  to  the  organiza7on   in  a  way  I  had  not  felt  before.  I   feel  more  informed  and  closer   to  the  organiza7on  than  ever   before.”  –  from  a  MarrioQ   Finance  Team  member  during   an  MACPA  Professional  Issues   update  at  their  HQ  in   Bethesda,  MD  ].   What  if  you  could  keep  your  organizaIon  informed  and  inspired   by  your  thoughts?  
  • 19. Three  authors   ReTweeted  this   blog  post  which   menIoned  their   books…   hQp://www.cpasuccess.com/2012/01/the-­‐top-­‐ten-­‐business-­‐books-­‐of-­‐2011.html    
  • 20. Featured   our  blog   post   http://dld.bz/agc8f The  post  was  even  featured  in  an  accounIng   educator’s  “daily”  distributed  to  his  followers.  
  • 21. Social  Media  to  engage  &  connect  at   the  NE  CPE  conference   Another  example  of  using   social  media  to  engage  a   broader  audience.  In  this  case   I  used  twiQer  to  get  feedback   from  CPAs  about  the  use  of   social  media  in  learning.     It  also  informed  CPAs  about   the  NE  CPE  Conference  so   they  “heard”  that  we  were   working  hard  to  improve  the   learning  for  them.       The  followed  up  with  a  blog   post  about  the  event  and  got   more  engagement  with   comments  from  the  group.      
  • 22. TwiQer  during  the  event,  slideshare  &  blog  post-­‐event  
  • 23. It’s  Bigger  Than  You  Think  –  Social   OrganizaIons   From:                To:   Hierarchy            Network   Command  &  Control    Connect  &  Collaborate   Experience  Curve        CollaboraIon  Curve   Lecturer              Facilitator   Push                Pull  
  • 24. “In  a  period  of  rapid  change  and  increasing   complexity,  the  winners  are  going  to  be  the   people  who  can  LEARN  faster  than  the  rate  of   CHANGE  and  faster  than  their  COMPETITION.”   -­‐  Tom  Hood,  CPA.CITP.CGMA  7/15/13   T  
  • 25. Why  students  should  care  about  Social   Media   “In-­‐forming  is  the  individual  person's   analog  to  open-­‐sourcing,  outsourcing,   insourcing,  supply-­‐chaining,  and   offshoring.  Informing  is  the  ability  to  build   and  supply  your  own  personal  supply   chain—a  supply  chain  of  informa?on,   knowledge,  and  entertainment.  In-­‐ forming  is  about  self-­‐collabora?on— becoming  your  own  self-­‐directed  and  self-­‐ empowered  researcher,  editor,  and   selector  of  entertainment.                –  Thomas  Friedman  
  • 26. Tom Hood, CPA.CITP CEO Maryland Association of CPAs Business Learning Institute (443) 632-2301 E-mail tom@macpa.org Web http://www.macpa.org Blog http://www.cpasuccess.com   Follow me on: ü Twitter: http://www.Twitter.com/tomhood ü LinkedIn: http://www.linkedin.com/in/tomhood ü Facebook: http://www.facebook.com/thoodcpa ü Google +: https://plus.google.com/104372556333854919205 ü Slideshare: http://www.slideshare.net/thoodcpa ü Youtube: http://www.youtube.com/thoodcpa ü Second Life avatar name: Rocky Maddaloni