{"id":131703,"date":"2024-10-23t09:00:43","date_gmt":"2024-10-23t13:00:43","guid":{"rendered":"\/\/www.g005e.com\/?p=131703"},"modified":"2024-10-29t19:22:35","modified_gmt":"2024-10-29t23:22:35","slug":"from-ledger-sheets-to-world-change-how-bailey-lenart-is-transforming-accounting-accounting-arc","status":"publish","type":"post","link":"\/\/www.g005e.com\/2024\/10\/23\/from-ledger-sheets-to-world-change-how-bailey-lenart-is-transforming-accounting-accounting-arc\/","title":{"rendered":"bailey lenart: from ledger sheets to transformational change | accounting arc"},"content":{"rendered":"<p><strong><span class=\"textrun scxw46903831 bcx8\" lang=\"en-us\" xml:lang=\"en-us\" data-contrast=\"auto\"><span class=\"normaltextrun scxw46903831 bcx8\">accountants must adapt to new value measures to <\/span><span class=\"normaltextrun scxw46903831 bcx8\">remain<\/span><span class=\"normaltextrun scxw46903831 bcx8\"> relevant in a rapidly changing world.<\/span><\/span><span class=\"eop scxw46903831 bcx8\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\">\u00a0<\/span><\/strong><\/p>\n<div style=\"padding: 56.25% 0 0 0; position: relative;\"><iframe style=\"position: absolute; top: 0; left: 0; width: 100%; height: 100%;\" title=\"from ledger sheets to world change: how bailey lenart is transforming accounting | accounting arc\" src=\"https:\/\/player.vimeo.com\/video\/1009723635?h=d79feb221a&amp;autoplay=1&amp;&amp;muted=1&amp;loop=1&amp;autopause=0&amp;player_id=0&amp;app_id=58479\" frameborder=\"0\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_selres_start\">?<\/span><\/iframe><\/div>\n<h6 style=\"text-align: center;\"><span style=\"color: #ffffff;\">.<\/span><\/h6>\n<p><iframe loading=\"lazy\" style=\"border: none; height: 205px; width: 100%;\" src=\"https:\/\/www.podomatic.com\/embed\/v2\/podcast\/5781641?episode_id=10799495&amp;theme=dark\" width=\"100%\" height=\"205\" frameborder=\"0\"><\/iframe><\/p>\n<figure id=\"attachment_133884\" class=\"thumbnail wp-caption alignright\" style=\"width: 249px\"><a href=\"\/\/www.g005e.com\/category\/featured-video\/arc\/\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-133884\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2024\/10\/on-a-mission_-introducing-accounting-arc-low-1.gif\" alt=\"\" width=\"249\" height=\"140\" \/><\/a><figcaption class=\"caption wp-caption-text\"><span style=\"color: #215dab;\"><strong>more<\/strong><\/span> <a href=\"https:\/\/cpa.click\/arc\/\">accounting arc <span style=\"text-decoration: underline;\">here<\/span><\/a><\/figcaption><\/figure>\n<h6 style=\"text-align: center;\"><a class=\"external\" href=\"https:\/\/podcasts.apple.com\/us\/podcast\/cpa-trendlines-podcasts\/id1537866697\" target=\"_blank\" rel=\"noopener\">click here to load your apple podcast app<\/a>.\u00a0subscribe anywhere:\u00a0<a class=\"external\" href=\"https:\/\/cpa.click\/apple-podcasts\" target=\"_blank\" rel=\"noopener\">apple<\/a>,\u00a0<a class=\"external\" href=\"https:\/\/cpa.click\/podcasts-youtube\" target=\"_blank\" rel=\"noopener\">google\/youtube<\/a>,\u00a0<a class=\"external\" href=\"https:\/\/cpa.click\/spotify\" target=\"_blank\" rel=\"noopener\">spotify<\/a>,\u00a0<a class=\"external\" href=\"https:\/\/cpa.click\/iheart-podcasts\" target=\"_blank\" rel=\"noopener\">iheart<\/a>,\u00a0<a class=\"external\" href=\"https:\/\/cpa.click\/deezer\" target=\"_blank\" rel=\"noopener\">deezer,<\/a>\u00a0<a class=\"external\" href=\"https:\/\/cpa.click\/amazon-podcasts\" target=\"_blank\" rel=\"noopener\">amazon music, audible<\/a>,\u00a0<a class=\"external\" href=\"https:\/\/cpa.click\/playerfm-podcasts\" target=\"_blank\" rel=\"noopener\">player fm<\/a>,\u00a0<a class=\"external\" href=\"https:\/\/cpa.click\/audacy\" target=\"_blank\" rel=\"noopener\">audacy,<\/a>\u00a0<a class=\"external\" href=\"https:\/\/cpatrendlines.podomatic.com\/rss2.xml\" target=\"_blank\" rel=\"noopener\">rss<\/a>.<\/h6>\n<p><strong><em>accounting arc<\/em><\/strong><em><i><br \/>\n<\/i><\/em><em><i>with byron patrick and donny shimamoto.<\/i><br \/>\n<a href=\"https:\/\/improvetheworld.net\/contact\/\">center for accounting transformation<\/a><\/em><\/p>\n<p><span class=\"textrun scxw133555881 bcx8\" lang=\"en-us\" xml:lang=\"en-us\" data-contrast=\"auto\"><span class=\"normaltextrun scxw133555881 bcx8\">accountants are often seen as guardians of financial records, working behind spreadsheets to balance books and ensure compliance. but <\/span><span class=\"normaltextrun scxw133555881 bcx8\">bailey<\/span><span class=\"normaltextrun scxw133555881 bcx8\"> lenart, an entrepreneur based in new zealand, is breaking that mold. as the founder of world changing business and collective flow, <\/span><span class=\"normaltextrun scxw133555881 bcx8\">lenart<\/span><span class=\"normaltextrun scxw133555881 bcx8\"> is redefining what it means to be an accountant by focusing on non-financial metrics\u2014such as carbon emissions and biodiversity loss.<\/span><\/span><span class=\"eop scxw133555881 bcx8\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\">\u00a0<\/span><\/p>\n<blockquote>\n<p style=\"padding-left: 40px;\"><strong>more accounting arc:<\/strong> <a href=\"\/\/www.g005e.com\/2024\/09\/25\/leadership-for-the-future-stakeholders-sustainability-and-strategic-vision-accounting-arc\/\">leadership for the future: stakeholders, sustainability, and strategic vision<\/a> |\u00a0<a href=\"\/\/www.g005e.com\/2024\/09\/11\/in-person-conferences-still-crucial-for-accounting-professionals-accounting-arc\/\">in-person conferences still essential<\/a> | <a href=\"\/\/www.g005e.com\/2024\/09\/04\/donny-shimamoto-non-accountants-in-accounting-a-game-changer-for-the-profession-accounting-arc\/\">non-accountants in accounting: a game-changer for the profession<\/a> |\u00a0<a href=\"\/\/www.g005e.com\/2024\/08\/28\/accounting-arc-with-donny-shimamoto-center-for-accounting-transformation-rubik-yeriazarian-smaller-firms-offer-big-opportunities-for-rapid-skill-development-in-forensic-accounting-accounting-arc\/?_rt=m3wxfczxdw90o2fjy291bnrpbmcgyxjjjnf1b3q7fde3mju0odm3mtc&amp;_rt_nonce=3679df6ed9\">rubik yeriazarian: smaller firms offer big opportunities for rapid skill development in forensic accounting | accounting arc\u00a0<\/a>| <a href=\"\/\/www.g005e.com\/2024\/08\/21\/ai-will-steal-your-job-and-thats-a-good-thing-accounting-arc\/?_rt=nhwxfczxdw90o2fjy291bnrpbmcgyxjjjnf1b3q7fde3mju0odm3mtc&amp;_rt_nonce=96b295a5d6\">ai will steal your job. and that\u2019s a good thing | accounting arc<\/a> | <a href=\"\/\/www.g005e.com\/2024\/08\/14\/the-right-kind-of-lazy-innovative-approaches-to-streamlining-workflows-accounting-arc\/?_rt=nxwxfczxdw90o2fjy291bnrpbmcgyxjjjnf1b3q7fde3mju0odm3mtc&amp;_rt_nonce=d88fe55a2c\">the right kind of lazy: innovative approaches to streamlining workflows | accounting arc<\/a><strong><br \/>\n<\/strong><\/p>\n<\/blockquote>\n<p><span class=\"textrun scxw72278265 bcx8\" lang=\"en-us\" xml:lang=\"en-us\" data-contrast=\"auto\"><span class=\"normaltextrun scxw72278265 bcx8\">in a conversation with donny shimamoto<\/span><span class=\"normaltextrun scxw72278265 bcx8\">, cpa.citp, cgma,<\/span><span class=\"normaltextrun scxw72278265 bcx8\"> on the accounting arc podcast, <\/span><span class=\"normaltextrun scxw72278265 bcx8\">lenart<\/span><span class=\"normaltextrun scxw72278265 bcx8\"> recounts her transformation from a conventional accountant to a trailblazer in esg (environmental, social, and governance) accounting. &#8220;i realized early in my career that i wanted to do more than just prepare financial statements,&#8221; she shared. &#8220;i wanted to make a real impact, and that led me to look beyond numbers.&#8221;<\/span><\/span><span class=\"eop scxw72278265 bcx8\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\">\u00a0<\/span><br \/>\n<!--more--><\/p>\n<p><span data-contrast=\"auto\">lenart&#8217;s career pivot began when she was introduced to xero, a cloud-based accounting software, while working at a mid-sized firm in new zealand. &#8220;that was my first glimpse into how technology could revolutionize accounting,&#8221; she recalled. it wasn\u2019t long before lenart transitioned from traditional accounting into product management, where she thrived by helping other firms embrace digital transformation.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">but the real turning point came when she discovered the concept of non-financial accounting. &#8220;businesses are more than profit-and-loss statements,&#8221; lenart explained. &#8220;we need to measure the full impact\u2014on people, on the planet. that\u2019s where non-financial accounting comes in.&#8221; her work at world changing business focuses on guiding accountants through this shift, helping them measure and report on things like emissions and sustainability.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">&#8220;carbon accounting is a natural fit for accountants,&#8221; she said. &#8220;we&#8217;re already adept at tracking complex data. now, it&#8217;s about applying those skills to a broader set of metrics.&#8221;<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">lenart sees accountants playing a crucial role in the fight against climate change. &#8220;if we want to mitigate the worst effects of global warming, we need to know where we stand,&#8221; she emphasized. &#8220;and who better than accountants to provide that data?&#8221;<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">the shift to non-financial accounting is not without challenges. &#8220;there&#8217;s no roadmap,&#8221; lenart admits. &#8220;but just like we\u2019ve evolved with technology, we can adapt to this new way of thinking.&#8221; she advises her peers to embrace curiosity and creativity, traits that she credits for her own success.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">ultimately, lenart\u2019s message to the accounting profession is clear: &#8220;success isn\u2019t just about profits anymore. it&#8217;s about making a positive impact on the world.&#8221; she encourages young accountants to follow their joy, even if it means stepping off the traditional career ladder. &#8220;accounting can take you anywhere,&#8221; she said. &#8220;you just have to be willing to explore.&#8221;<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">top 10 takeaways:<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\">\u00a0<\/span><\/p>\n<ol>\n<li><span data-contrast=\"auto\"> accounting isn\u2019t limited to financial metrics; it can include environmental and social measures.<\/span><\/li>\n<li><span data-contrast=\"auto\"> lenart credits her success to pursuing what sparked her curiosity.<\/span><\/li>\n<li><span data-contrast=\"auto\"> cloud accounting software can streamline and revolutionize the accounting process.<\/span><\/li>\n<li><span data-contrast=\"auto\"> understanding how different elements of business interconnect can help you make better decisions.<\/span><\/li>\n<li><span data-contrast=\"auto\"> accountants can use their skills to track emissions and help reduce environmental impact.<\/span><\/li>\n<li><span data-contrast=\"auto\"> lenart believes work should bring joy and allow individuals to contribute their gifts.<\/span><\/li>\n<li><span data-contrast=\"auto\"> you can craft your role to fit your strengths and interests.<\/span><\/li>\n<li><span data-contrast=\"auto\"> accountants are well-positioned to help businesses adapt to non-financial performance metrics.<\/span><\/li>\n<li><span data-contrast=\"auto\"> lenart&#8217;s success in product management stemmed from collaborating across functional teams.<\/span><\/li>\n<li><span data-contrast=\"auto\"> if you\u2019re doing what you love, work won\u2019t feel like work.<\/span><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>accountants must adapt to new value measures to remain relevant in a rapidly changing world.\u00a0<\/strong><br \/>\n<a href=\"\/\/www.g005e.com\/category\/featured-video\/arc\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-133884\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2024\/10\/on-a-mission_-introducing-accounting-arc-low-1.gif\" alt=\"\" width=\"249\" height=\"140\" \/><\/a><br \/>\n<b><i>accounting arc<\/b><br \/>\nwith liz mason, byron patrick, and donny shimamoto.<\/i><br \/>\n<a href=\"https:\/\/improvetheworld.net\/contact\/\">center for accounting transformation<\/a><\/em><\/p>\n","protected":false},"author":4585,"featured_media":133885,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[4722,1362,2327,2734,3002,2764],"tags":[4057,4056,4616,4067,4617],"class_list":["post-131703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arc","category-featured-video","category-innovation","category-podcast","category-special","category-video","tag-accounting-arc","tag-arc","tag-bailey-lenart","tag-donny-shimamoto","tag-nontraditional-accounting-careers"],"acf":[],"yoast_head":"<!-- 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