donny shimamoto: defining accounting transformation | accounting influencers

“this is a new area for accountants, but it’s an evolving area, and i think it represents a great opportunity for us…”

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accounting influencers
with rob brown

rob brown and donny shimamoto discuss reform, transformation, and change in the accounting profession at individual accountant and cpa plus practice levels.

more accounting influencers with rob brown here

in 2001, donny founded intraprisetechknowlogies llc, a specialized cpa firm dedicated to helping small businesses and middle-market organizations leverage strategic technologies, proactively manage their business and technical risks, and enable balanced organizational growth and development. donny also works as a trusted business advisor with larger organizations, facilitating organizational strategic planning and execution, it governance and planning, enterprise architecture, information architecture and assurance, business process improvement, and business intelligence initiatives.

the visionary behind the center for accounting transformation, also founded by shimamoto in 2021, he is leading a movement to enable transformation and change the world for the better by empowering and equipping business and accounting professionals with leading-edge tools and techniques.

“we are not here to convince people to change, but rather empower those who seek an alternative to the status quo.”

key issues discussed:

  • the origins of the center for accounting transformation and what’s happening at that brand here: www.improvetheworld.net;
  • what exactly is meant by ‘accounting transformation;’
  • key areas of accounting transformation, including accounting firms , tax, audit, and outsourced accounting;
  • how the accounting firm transformation assessment works and the 6 major transformation areas firms must understand;
  • blueprints for tax return preparation automation and outsourcing that look at the end-to-end tax return process;
  • findings on research into keys to success with tax staff outsourcing;
  • upcoming research on what accounting firms that have successfully used outsourcing are doing and lessons learned;
  • the content of audit self-study courses (automation, artificial intelligence, blockchain, data analytics, data visualization and the future of audit);
  • the approach pwc has used to educate its entire us staff to identify opportunities to leverage technologies;
  • toolkits in cas and finance transformation to help finance application and vendor selection for erp and cpm solutions;
  • de&i research findings from multiple state accounting societies, media, and firm associations;
  • the approach pwc has used to educate its entire us staff to identify opportunities to leverage technologies

today’s guests

donny shimamoto served as co-chair of the national conference of lawyers and cpas, past chairman of the aicpa’s information management and technology assurance executive committee, and former member of its governing council, assurance services executive committee, and numerous other aicpa committees and task forces. he is also a past member of the ifac technology advisory group. donny was recognized as one of the top thought leaders in public accounting by cpa practice advisor from 2012 to 2022, top 100 most influential people in accounting (2013/2014/2017-2021) by accounting today, received the 2009-2010 president’s award from the hawaii society of cpas, was named to cpa technology advisor’s 40 under 40 list in 2007 & 2009 & 2014, and was also a hawaii top high tech leader in 2004.

 

 

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