Complimentary for Members

On-Demand Self-Study

NYSED 1.5

Riding the Wave of Transformation - Insights from the Future of Finance - Business and Industry Conference

On-Demand Self-Study
NYSED 1.5
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    Instructor

    Tom
    Hood

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    Mr. Tom Hood

    Bio
    • "Hood uniquely combines three vital traits: He sees the future of the profession clearly; he discovers or creates supremely practical ways to move the profession toward that future; and he generates tremendous enthusiasm for the move in everyone he meets.”
    • Accounting Today Magazine Tom is one of the most influential leaders in the Accounting Profession. He has been named the Second Most Influential Person in Accounting since 2011 by Accounting Today Magazine (His fifteenth year on the Top 100). He was also one of the first five thought leaders inducted into the Accounting Hall of Fame (2015) by CPA Practice Advisor. Linked-in recruited Tom as one of their Top 100 Influencers and he was named to the Top 25 Influencers in Learning by HR Examiner. He is known for his prolific digital footprint and now has over 780,000 followers on Linked-in, Twitter and other social accounts. Tom is on a mission to help CPAs, Finance and Accounting Professionals thrive in these times of exponential change. He firmly believes that what got us here, won’t get us there as the Profession faces unprecedented changes and opportunities. Tom's recognition and awards reflect his leadership in helping CPAs be more #FutureReady through his work at the Maryland Association of CPAs and the Business Learning Institute (BLI), a center for the development of leadership, strategic thinking, and collaboration skills for CPAs. BLI has a catalog of over 600 programs and 30 ‘top gun’ instructors who provide state of the art learning and curriculum for the Top 500 CPA Firms, Fortune 500 corporations, non-profits, State CPA Societies and even internationally. He is a graduate of Loyola College (B.A. in Accounting) and has a Master’s in Finance (Real Estate) from Johns Hopkins University. He also obtained the Certified Information Technology Professional (CITP) certification and the Certified Global Management Accountant (CGMA) certification from the AICPA.
CFOs and Finance teams will be in the driver’s seat in the 5th Industrial Revolution according to Gartner. This has been validated by the latest research from AICPA-CIMA that says we can expect rapid and highly accelerated changes across industries, including accounting and finance. In other words, the waves of transformation are getting bigger and coming faster. To succeed in this rapidly evolving landscape, accounting and finance professionals must learn how to ride these big waves of transformation. This session will cover the latest trends and issues and the new mandate for finance and accounting pros to move into a proactive role as the ‘Chief Future Officer’, becoming a value partner to the business. The key to this emerging role lies in the mindsets, skillsets and toolsets required to ride these big waves. We will cover the latest research and resources along with practical examples from our Future of Finance Leadership Advisory Group. You will learn how to apply these insights to redefine and reinvent your finance operation and career to thrive in the Next Normal, Now! Date of Recording: 10/30/2024

Learning Objectives

  • Upon completion of this form, you'll be able to:
  • Gain an understanding of the latest trends facing finance and accounting teams.
  • Develop a deeper understanding of the role that technology plays in enhancing the effectiveness of finance teams and the need to develop new skills, capabilities, and mindsets to maximize the benefits of digital tools.
  • Evaluate the effectiveness of their current talent management strategies and develop a talent game plan that aligns with the changing needs of their business.

Major Topics

  • Latest trends facing finance and accounting teams.
  • Role that technology plays in enhancing the effectiveness of finance teams and the need to develop new skills, capabilities, and mindsets to maximize the benefits of digital tools.
  • Current talent management strategies and developing a talent game plan that aligns with the changing needs of their business.

CPE Credits Available

NYSED 1.5
1.5
Advisory Services (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Update

Professional Area of Focus

  • Advisory Services (NYSED)

Prerequisites

None

Advanced Preparation

None

Intended Audience

CPAs practicing outside of public accounting.

Provider

Foundation for Accounting Education

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