{"id":7427,"date":"2010-07-01t05:30:44","date_gmt":"2010-07-01t09:30:44","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=7427"},"modified":"2024-11-19t21:35:44","modified_gmt":"2024-11-20t02:35:44","slug":"five-things-to-keep-you-awake-at-night-from-the-incoming-aicpa-chairman","status":"publish","type":"post","link":"\/\/www.g005e.com\/2010\/07\/01\/five-things-to-keep-you-awake-at-night-from-the-incoming-aicpa-chairman\/","title":{"rendered":"five things to keep you awake at night, from the incoming aicpa chairman [video]"},"content":{"rendered":"

change is coming hard and fast.<\/strong><\/p>\n

paul stahlin, regional president at skylands community bank in somerville, n.j., takes over the top spot of the aicpa in october from bob harris, a florida cpa firm owner.<\/p>\n

in this impromptu 12-minute video, stahlin outlines his views of the profession’s — and the institute’s — biggest challenges and opportunities.<\/p>\n

<\/embed><\/object><\/p>\n

he starts with five hot topics:<\/strong><\/p>\n

    \n
  1. some 120 countries are already on ifrs, he notes, suggesting that it’s “critical” u.s. cpas get up to speed.<\/li>\n
  2. private company financial reporting standards (don’t call it “little gaap”) could pose a whole new set of complexities for accountants at 29 million u.s. companies.<\/li>\n
  3. amidst all the changes of the last decade, it’s time, he says, for the aicpa to revisit the “vision” for the profession.<\/li>\n
  4. the cpa exam gets its biggest refresh in january since going online, and will include international standards.<\/li>\n
  5. last, but not least, he’ll be doing a lot of explaining to members about the new ifrs certificate the aicpa is launching.<\/li>\n<\/ol>\n

    he covers a lot more ground in this q&a. but if he has one overall message for cpas it’s: you ignore global forces at your peril. the world is simply too small, too interconnected, to rapidly changing, and too inter-dependent to stick “your head in the sand.”<\/p>\n

    and, yes, he sees foreign accountants raring to compete for the rich markets served by u.s.-bound cpas.<\/p>\n

    if you’re not worried yet about competition at the china price, you should be.<\/p>\n","protected":false},"excerpt":{"rendered":"

    change is coming hard and fast. paul stahlin, regional president at skylands community bank in somerville, n.j., takes over the top spot of the aicpa in october from bob harris, a florida cpa firm owner. in this impromptu 12-minute video, … continued<\/a><\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"open","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":[5],"tags":[162,164],"class_list":["post-7427","post","type-post","status-publish","format-standard","hentry","category-outlook","tag-global","tag-ifrs"],"acf":[],"yoast_head":"\nfive things to keep you awake at night, from the incoming aicpa chairman [video] - 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