March 30, 2020
Published: Journal of Accountancy
The next decade is expected to bring huge technological advancements and important demographic changes to the CPA profession as well as the business world.
As they look forward to the next 10 years, firm leaders predict that to be successful, CPAs will need to:
– Be willing to look at things differently and do things differently, according to Johanna Sweaney Salt, CPA, CGMA, a partner with Gray, Salt & Associates LLP in California.
– Develop the technical and cultural capacity to serve clients who come from growing segments of the population such as the immigrant, Latino, and LGBT communities, said Marianela del Pino-Rivera, CPA, MBA, founder of Del Pino Rivera CPA in Bowie, Md.
– Think differently about recruiting and retaining talent and develop more expertise in data and analytics, according to Shawana Hudson, CPA, a partner with Thomas & Gibbs CPAs PLLC in Durham, N.C.
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