Tom Hood, CPA, CITP, CGMA
CEO MACPA & the Business Learning Institute The Future of CPAs,Accounting andFinancial Professionals in 50 Minutes –US HHS edition Collaborating Across HHS for Accountability,Transparency, and Data Quality” Prepared for:

Tom Hood CEO of MACPA
& BLI • Named Fourth Most Influen2al Person by Accoun2ng Today • Top 25 Influencers in Learning & HR by HR Examiner • Top 25 Public Accoun2ng Thought Leaders by CPA Prac2ce Adviser • Working on Learning Management with AICPA/CPA2Biz, Cloud Curriculum, Performance Management /XBRL, Leadership & Genera2ons Tom Hood, CPA, CITP, CGMACEOMACPABusiness Learning Institute (BLI)hQp://www.linkedin.com/in/tomhood 6/6/13 T

www.SlideShare.net/thoodcpa @tomhood @MACPA Download today’s
slides at … 6/6/13 T

hQp://macpa.cnf.io Ask and answer ques2ons
throughout the day here… Conferences.io was used to engage our members and encourage open Q&A and feedback with this exci2ng new technology we will begin incorpora2ng into strategic planning and CPE courses for engagement and collabora2on. 6/6/13 T

Respond to a Poll Ask
a Question Vote up a Question hQp://macpa.cnf.io 6/6/13 T

Insights to Ac2on “One
without the other is either useless or destruc2ve” 6/6/13 T

Source: WTF What’s the Future
of Business by Brian Solis What I have been thinking about 6/6/13 T

GASB Whitepaper hQp://cpa.tc/2gx 6/6/13
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Business Not for Profits NGOs
Government Different Worlds? 6/6/13 T

http://www.burrus.com Inattentional blindness

The new “Big Four” +
1 + 3 • Economy • Globaliza2on • Workforce • Technology + Health Care 6/6/13 T

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• Change• Complexity• Compliance• Convergence• CompetitionMANAGING THE “SEA” CHANGE6/6/13
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Compliance -­‐ Standards • Interna2onal
– IASB & IFRS • FASB & PCC • AICPA & FRF – SME • ASB – Clarity (12/15) • GASB Pension • PEEC • COSO • IIRC hQp://cpa.tc/1us 6/6/13 T

Health Care is major issue
Source: Thomson-­‐Reuters 6/6/13 T

And opportunity 6/6/13 T

XBRL FASB Industry Taxonomy Project
• Develop industry specific taxonomies • BeQer suited for each industry • Industries par2cipa2ng include: • Insurance • Banking • Brokers and Dealers • Real Estate • NFPs • GASB? • Form 990 6/6/13 T

Accoun&ng bodies hail G20 emphasis
on public sector repor&ng DATA Act & Financial Industry Transparency Act using XBRL 6/6/13 T

#SocialAccoun2ng 6/6/13 T

@hhsgov @hhsdigital @healthdatagov @CDCGov @CMSGov
@NIHforHealth @HIMSS @HITNewsTweet 6/6/13 T

Workforce #4Genera2ons 6/6/13 T

Workforce #TalentWar 6/6/13 T

Business Not for Profits NGOs
Government Different Worlds? 6/6/13 T

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#IIRC hQp://www.theiirc.org 6/6/13 T

IIRC Value Crea2on Process 6/6/13
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CGMA & COSO Balancing Risk
& Innova2on hQp://cpa.tc/2qf hQp://www.coso.org 6/6/13 T

Source: DeloiQe CFO Signals™ survey,
fourth quarter 2012 6/6/13 T

Business Not for Profits NGOs
Government When Worlds Collide 6/6/13 T

HHS Strategic Plan 1. Strengthen
Health Care 2. Advance Scien2fic Knowledge and Innova2on 3. Advance the Health, Safety, and Well Being of the American People 4. Increase Efficiency, Transparency, and Accountability of HHS Programs 5. Strengthen the Na2ons Health and Human Services Infrastructure and Workforce 6/6/13 T

#CFOsSaveTheWorld Through collaboration, ourCFO community
managesfinancial accountability,compliance, and riskacross HHS by maximizingresources to drive results. 6/6/13 T

CGMA – CIMAThe global value-added
financial professional6/6/13 T

KSAs hQp://www.BLIonline.org 6/6/13
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hQp://cpa.tc/2qh 6/6/13 T

#AdaptorDie #BendAdop2onCurve • Technology & Caveman
• CC > EC • L > C • CPA as Ar2st 6/6/13 T

Technology & the Caveman 6/6/13
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“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 6/6/13 T

#CC>EC # 1 Skill is
CollaboraEon # 2 Skill is CommunicaEon according to 2012 IBM Global CEO Study 6/6/13 T

#Ar2st&CPA • Lots of ways
to mess up! • Heat is needed to shape the glass • Long setup 2me for quick finish • Try, learn and adjust -­‐Tim McFadden 6/6/13 T

A leader sjob is todefinecontext
andprovidehope andinspiration..."

Tom Hood, CPA.CITP CEO Maryland
AssociaEon of CPAs Business Learning InsEtute (443) 632-­‐2301 E-­‐mail tom@macpa.org Web hUp://www.macpa.org Blog hUp://www.cpasuccess.com Blog hUp://www.bizlearningblog.com Follow me on: ü TwiQer: hQp://www.TwiQer.com/tomhood ü LinkedIn: hQp://www.linkedin.com/in/tomhood ü Facebook: hQp://www.facebook.com/thoodcpa ü Google +: hQps://plus.google.com/104372556333854919205 ü Slideshare: hQp://www.slideshare.net/thoodcpa ü Youtube: hQp://www.youtube.com/thoodcpa ü Second Life avatar name: Rocky Maddaloni 6/6/13 T