Ep.63: Trust as Accounting's Foundation
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🎙️ Welcome to Episode 63 of the podcast!
I’m Rosey Flaherty, and today we continue our conversation with Barry Melancon. Explore the incredible journey of accounting transformation with insights from a leader who has driven change within the AICPA.
📅 Note: Barry officially retired on December 31, 2024. This interview was conducted on December 16, 2024, while he was still serving as CEO and President of AICPA.
✨ This episode is proudly sponsored by Chapman University's Argyros School of Business and Economics. Considering a master's in accounting? Their MSA program offers personalized attention from world-class faculty, intimate class sizes, and a flexible structure designed for ambitious professionals. Learn more and apply at chapman.edu/msa
In this episode, Barry shares his unparalleled insights into the accounting profession, covering:
00:00 Sponsor Ad
1:15 - Missing Client Service Work
Discussing the value of client service work and why it’s such an important part of the accounting profession.
2:34 - Impacting the Profession
Exploring how accounting professionals can make a difference and create meaningful change in the industry.
6:15 - The Evolution of the Profession
Looking at how the accounting field has transformed over time and adapted to new challenges.
7:12 - Global Perspective and Changes
Talking about the influence of global standards and the importance of having an international outlook in accounting.
10:39 - Great CPA Vs. Good CPA
Highlighting the key traits that separate great CPAs from good ones and what makes them excel.
13:28 - Technological Shifts in the CPA Exam
A discussion on how technology, like computerized exams and AI, has revolutionized the CPA examination process.
16:11 - A CPA Vs. A Doctor
Comparing the role of a CPA to that of a doctor, focusing on the shared responsibility and trust in both professions.
17:49 - Habits to be Successful in a CPA Career
Tips and insights into the habits and mindset needed for long-term success as a CPA.
21:19 - Tips and Advice for Professionals
Concluding with practical advice for accountants and professionals to help them grow in their careers.
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