here’s what you’re looking for: donny shimamoto

featured video

dustin wheeler: for serious cas success, hire tech teams

and six more success tips.

click to play the video. turn up the volume. | > play the podcast and follow 卡塔尔世界杯常规比赛时间 podcasts on apple podcasts or grab the rss feed here.

transformation talks
with donny shimamoto
center for accounting transformation

center for accounting transformation
center for accounting transformation

many accounting graduates dream of joining large firms right out of college. that dream became a reality for dustin wheeler. however, it didn’t last long.

more: dustin verity: keep an open mind and constantly learn | secret to success? a growth and abundance mindset | o.d. lanier: stepping into advisory | from tax to transformation | early adopters gain an edge in audit | why the future is in risk advisory | four strategies for a future ready firm
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

“right out of college, i moved to las vegas and got a job with the largest local firm,” wheeler explained. “and my job there was pretty much strictly tax.”

“after a short stay there, i left for an opportunity with a smaller firm of about 16 people, which was a good change for me. it allowed me to develop some other talents that i couldn’t use at the previous firm,” he explained.

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featured video

csr for cpas: the missing ingredient

`transformation talks: it all starts with transparency.

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center for accounting transformation
center for accounting transformation

transformation talks
with donny shimamoto, cpa, citp, cgma
center for accounting transformation

accountants have the power to change the world, according to james ross, the corporate responsibility and sustainability executive for buzzacott, one of the largest accounting firms in the united kingdom, in this interview with donny shimamoto.

more: secret to success? a growth and abundance mindset | o.d. lanier: stepping into advisory | from tax to transformation | early adopters gain an edge in audit | why the future is in risk advisory | four strategies for a future ready firm
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

“we want to walk the walk before we talk to talk,” ross says. “we don’t want to necessarily be delivering to clients something or an expectation that we’re not actually able to do ourselves. it’s just about being really honest about where you are in that process and continuing to take the next steps to improve more widely across the organization.”

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innovation & change management

early adopters gain an edge in audit

innovation insights: paving the way for esg reporting.

follow 卡塔尔世界杯常规比赛时间 podcasts on apple podcasts here or grab the rss feed here.

innovation insights
with donny shimamoto, cpa, citp, cgma
center for accounting transformation

those who hesitate to adopt mature technologies could find themselves too far behind to easily catch up, according to tech experts pete myers, ceo of auvenir, and donny shimamoto, founder and managing partner of intraprisetechknowlogies.

center for accounting transformation
center for accounting transformation

more: blake oliver: why tax work yearns to be free | private equity explodes in u.k. | brannon poe: the status quo must go  |  accounting nerds, unlock your super powers  | private equity vs. the cpa firm partnership the fintech flood: accounting will never be the same  |  think small to think big with matt wilkinson | your sales tax headaches are only just beginning | when financial statements go extinct with corey schmidt  |  can geraldine carter save accountants from themselves? |  re-inventing accounting with tyler anderson |  turning client service into new revenue

see also: deloitte develops audit technology for smaller firms

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myers and shimamoto discussed the latest developments in cloud technology for audit, specifically for small to mid-size firms, explaining that heightened security measures have allowed platforms to expand capabilities and deliver streamlined results that can be tailored to specific situations. however, shimamoto lamented that many auditors and firms are hesitant to bring on new technology, a mindset that could leave them clamoring to catch up.

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featured video

ai, ocr, nlp & cpas: oh my!

innovation insights: how trullion is trying to revolutionize rev. rec. and lease accounting.

^ click to play video | > play the podcast and follow 卡塔尔世界杯常规比赛时间 podcasts on apple podcasts here or grab the rss feed here.


innovation insights
with donny shimamoto
center for accounting transformation

center for accounting transformation
center for accounting transformation

accounting, along with legal, pioneered technology that continues to grow and allows automation of mundane tasks. isaac heller, the co-founder and ceo of trullion, discusses with donny shimamoto how ai uses optical character recognition (ocr) and natural language procession (nlp) to read documents like pdfs and excel, and extracts relevant data, like lease dates, into databases, where they can be used for computations or searching.

more on trullion: trullion lands $15 million in series a | trullion: new a.i. startup targets rev rec, lease accounting

more on lease accounting: lease accounting hits hard | lease accounting is about to get very real

more podcasts & videos: cas or caas? getting clarity | the seller’s guide to getting the best price for your firm | doing nothing is not an option  | why the future is in risk advisory | fine-tuning the subscription fee model | thinking smart about new tech: byron patrick | blake oliver: why tax work yearns to be free | private equity explodes in u.k. | brannon poe: the status quo must go  |  accounting nerds, unlock your super powers  | private equity vs. the cpa firm partnershipthe fintech flood: accounting will never be the same  |  think small to think big with matt wilkinson | your sales tax headaches are only just beginning | when financial statements go extinct with corey schmidt  |  can geraldine carter save accountants from themselves? |  re-inventing accounting with tyler anderson |  turning client service into new revenue | see all podcasts and videos here

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heller and shimamoto discuss the origins of professional technology, sharing how accounting was the perfect breeding ground for database software. “when you think of oracle and sap and intuit going way back, these were really the pioneers of database software,” heller says. “it’s as simple as that, you know, the general ledger and the accounts payable and accounts receivable framework fits really, really well in a software model. so, there was kind of this jump out of the gate where we were able to do so much in accounting.”

more takeaways:

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featured video

why the future is in risk advisory

innovation insights: the future of audit is risk advisory, according to jin chang. to recruit, the profession must shift focus from manual work to advisory work.

 

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innovation insights
with donny shimamoto
center for accounting transformation

because audit work is nonlinear and highly complex, disparate workflow systems in audit are not only an it risk, they’re also a project nightmare. jin chang, the founder of fieldguide, explained to donny shimamoto that the end-to-end project has many workflows that need to be templatized and automated along the project life cycle.

center for accounting transformation
innovation insights is a center for accounting transformation production, presented by 卡塔尔世界杯常规比赛时间.

more: blake oliver: why tax work yearns to be free | private equity explodes in u.k. | brannon poe: the status quo must go  |  accounting nerds, unlock your super powers  | private equity vs. the cpa firm partnership the fintech flood: accounting will never be the same  |  think small to think big with matt wilkinson | your sales tax headaches are only just beginning | when financial statements go extinct with corey schmidt  |  can geraldine carter save accountants from themselves? |  re-inventing accounting with tyler anderson |  turning client service into new revenue

goprocpa.com exclusively for pro members. log in here or 2022世界杯足球排名 today.

he added that the best way to recruit is for the profession to shift from manual work to advisory work.. further, while financial reporting has always been a risky area, people in business today are caring about many other risk areas and choosing to do business with other companies that also subscribe to their values from supply chain to deliverables and beyond.

more takeaways:

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featured

four strategies for a future-ready firm

young businessman walking on bungee cord between question mark and dollar signembrace these to ensure you remain relevant.

by donny c. shimamoto
the center for accounting transformation

a recent article from harvard business review, “what makes a company future-ready?”, shared insights from multiple industries in looking at which companies adapted and thrived versus those that didn’t perform as well.

related: the changes ahead for corporate finance | top issues for 2022: talent, time, and transformation

learn more about the center’s audit advisory board or view the center’s transformation courses.

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as i read through the article, i couldn’t help but think, “how would these insights apply to accounting firms and the future of accounting?” read more →

outlook & analysis

how auditors can improve efficiency and the budget

innovation insights: five clicks in five minutes? sounds too good to be true – but automation can be simple and life-changing.

^ stream the video | or download the podcast

innovation insights
with donny shimamoto
卡塔尔世界杯常规比赛时间 presents a center for accounting transformation production

(recorded february 2022)

with everyone going remote, it’s presenting auditors with new challenges. but technology can help, according to colleen knuff and stefan davis, in this interview with donny shimamoto.

part of wolters kluwer, which was recently accepted to the asc x9 (american national standards institute or ansi), the industry setting body for financial institutions, knuff and davis explain not only how some solutions allow real-time collaboration versus working in silos, but also how data-driven audits increase capacity and allow more profitability while reducing risk and maintaining high peer-review standards.

center for accounting transformation
innovation insights is a center for accounting transformation production, presented by 卡塔尔世界杯常规比赛时间.

more:  why doing nothing is not an option | blake oliver: why tax work yearns to be free| private equity explodes in u.k. | brannon poe: the status quo must go  |  accounting nerds, unlock your super powers  | private equity vs. the cpa firm partnership the fintech flood: accounting will never be the same  |  think small to think big with matt wilkinson | your sales tax headaches are only just beginning | when financial statements go extinct with corey schmidt  |  can geraldine carter save accountants from themselves? |  re-inventing accounting with tyler anderson |  turning client service into new revenue

goprocpa.com exclusively for pro members. log in here or 2022世界杯足球排名 today.

knuff and davis also discussed how recently-developed tools can assist with diagnostics and help auditors stay on track while delivering more compliant and dynamic audits, which could better assess risk. the multiple-year views and periodic annual views versus the year-end financials give better business insights and make it easier to spot various trends and identify business performance factors. read more →

featured

new insights on emerging technologies and people issues

fresh research from the hawaii accounting research conference.

by donny c. shimamoto, cpa, citp, cgma

this year’s hawaii accounting research conference provided some insights into the use of emerging technologies in audit and internal control, as well as on people issues like creativity and performance incentives. held every year in january at the university of hawaii at manoa, this conference draws accounting researchers from around the world to share their research findings with a broader academic audience (physical and virtual).

i started attending this conference in 2021 and gained some interesting insights into research being conducted that could shape some of what we do as accounting professionals. this year, i also helped moderate a practitioner panel featuring two past aicpa chairs, tracey golden and kimberly ellison-taylor, and a fellow cpa.citp and tax expert lauren kovar, to share with attendees how they could make their research more relevant to practice.

if you’d like to see the panel discussion, you can watch the recording:

i was only able to attend one day of the conference, but from just the one day, i got some good takeaways from several of the sessions. i’ve outlined these sessions and my key takeaways below. you can also click on any of the links to read the full paper that shares the research study and findings. read more →

featured

ready for tech transformation?

bar chartmany say yes, but the facts say no.

by donny c. shimamoto

most accountants may feel as though they’re keeping up with the rapid changes in technology, but many may be fooling themselves.

more: automate busy season with apps you already use | can tax automation make the 2022 busy season less grueling? | non-cpa “cpa” firms? really? | covid-19 turns cpas into first responders | accountants: unleash your secret superpower | focus on cyber risk, not just security
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

a survey of more than 600 cpas just confirms the dichotomy i’ve seen many times. people say they are ready. but upon closer investigation, they haven’t taken the actions to ensure adoption of the new technologies and the business practices needed for transformation.

read more →

innovation & change management

automate tax season with apps you already use

make automation take the load off this busy season.

by donny shimamoto
center for accounting transformation

between tax law changes and the pandemic, the last two busy seasons have been a bear for tax preparers to deal with.

related: discover your accountant superpowers | what auditors know about amazon product ratings | non-cpa “cpa” firms? really? |

while there is still some volatility and uncertainty around what the next busy season will look like, tax preparers should consider the following technology-related initiatives now so they can proactively equip their firms for the coming busy season. this should enable staff to have more work-life balance during the busy season and increase the firm’s ability to recruit and retain talent.

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featured

discover your accountant superpowers

your secret weapons range far beyond mere numbers.
superhero businesswoman wearing shadow cape
by donny c. shimamoto

many people think that the numbers on financial statements or a tax return are the endpoint of what accountants do.

more: what auditors know about amazon product ratings | non-cpa “cpa” firms? really? | covid-19 turns cpas into first responders | what small and midsized firms can learn from pwc’s digital upskilling | what big data means to small firms | accountants: unleash your secret superpower | ready for non-cpa cpa firms?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

but that’s like saying that the words on the page are the endpoint of what a journalist does in an article.

in reality, the objective of both is to tell a story. the best accountants are gifted story-tellers, as well. read more →

special

what auditors know about amazon product ratings

and four more lessons from new cutting-edge audit research.

by donny c. shimamoto
strategic technology decisions

often academia is criticized for being out of touch with that is happening in the “real world.” when i was invited to attend the hawaii accounting research conference, i was interested to see whether some of the contemporary research being done by university researchers across the world was actually relevant to those of us in practice.

more: non-cpa “cpa” firms? really? | covid-19 turns cpas into first responders | what small and midsized firms can learn from pwc’s digital upskilling | what big data means to small firms
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

while quite a bit of the research provided some data to support commonly held assumptions that many of us have, there were some papers that provided some good food for thought that audit firms big and small should consider.
read more →

2022年世界杯抽签

beating the covid recession: webinar and workshop

immersive web event: how accountants can ensure business resilience for the next pandemic

^ click to play: your host donny shimamoto invites you to join the business resilience workshop

live webinar & workshop
monday, sept. 21, 11 am et / 8 am pt
6.5 cpe hours
with live chat, q&a, and interactive virtual group exercises
price: only $240 with this link
register here | learn more

hosted by donny shimamoto

covid-19 created an unprecedented economic crisis that accountants were called upon to triage and stop continued economic bleeding. accountants had to help many business owners and colleagues make difficult business decisions that often went well beyond just finance. in this workshop, we’ll examine the “new normal,” the multi-faceted role that accountants play in economic triage, and the building of business resilience.

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