Have You Had Enough?

Regulation of the CPA profession in the U.S. needs a transformation. Mind you now, not a change – a TRANSFORMATION. Yes – a major overhaul. We need to look at this system in a different way.  We need to look at this system from a 21st century

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Time To Rethink?

It seems that we have been doing that for a while now in Indiana. Knowledge management and the competency-based approach has required a lot of “rethinking.” Maybe you saw the recent article in Accounting Today (November 24, 2014) titled CPA Firms Need to Rethink Themselves. The author

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… About Enhancing Audit Quality

In August, the AICPA released a discussion paper about enhancing audit quality.  The discussion paper was a comprehensive review of the AICPA’s short term plans and long term ideas about steps that can be taken to ensure that the quality of audits is and continues to be

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INCPAS Goes Back To The Future

Imagine it’s the year 2025. For three days next week, the Society’s Board of Directors and staff will do just that. What will INCPAS be like 10 years from now? What will the CPA profession be like? What kind of opportunities and threats will both be facing?

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A Period Of Transformation For The CPA Profession

A recent Harvard Business Review blog asserted that Peter Drucker, the leading management thinker of the 20th century, knew something about 2020. He had observed that western society, and the institutions within, experience a “sharp transformation” every 100 years. He noted that these transformations can take some time

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Looking For A 40-Year-Old?

“I’m looking for a 40-year-old.” Three times last week I was approached by CPAs who said those words to me in one form or another. At least two people the week before. I guarantee I’ll hear it again several times before the end of the month. Just

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Moving Indiana’s Mountains On Behalf Of CPAs

Did you feel the Earth move on September 18? Probably not, but on that day, the Society gave another big shove to Indiana’s regulatory mountain. (I know – unless you are from southern Indiana you didn’t know there were mountains in Indiana.) The mountain I refer to

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What’s A Live Simulation Event?

We’ve been talking a lot about the CPA Center of Excellence® lately … on this blog, at the Professional Issues Update, and through a variety of other INCPAS communications pieces, both print and digital. And for good reason. The CPA Center of Excellence® is a huge undertaking

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Taking The Lead In Integrated Reporting

It’s both scary and cool to be a pioneer. The Indiana CPA Society just released an Integrated Report, and we were the first state CPA society in the country, and likely the first association in the United States, to do so. You might be asking, what’s that

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Getting Better Requires Continuous Improvement

“If you’re not getting better, you’re getting worse.” I have no idea whom to attribute this quote to and when I Googled it, it seems it might be sports-related so I became immediately disinterested in its origins. But, I heard the mayor of Newark, N.J., say it

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