six reasons you don’t want to be the boss

life changes when you move up the ranks. after years of coaching partners and partners-in-waiting, sam allred of upstream academy knows a thing or two about what it takes to succeed as you climb the executive ladder at an accounting … continued

21 questions: how to start thinking about the future of your accounting firm

ric payne has a lot of answers. but, importantly, he also knows the right questions.

payne

the ceo and chairman of principa, which provides management services to accounting firms worldwide, payne is famous for launching results accountants systems, the accountants’ bootcamp and the results accountants’ network.

today, the big question accountants should be asking themselves is: what is the vision i have for our firm 10 years from now?

in framing that vision, he says you need ask: read more →

the scary new outlook for internal audit

can the profession seize its rightful role in risk management, governance and compliance? maybe, but it’ll take vision and guts. do you have what it takes in the post-meltdown world of the new normal?

by rick telberg

in the aftermath of the global financial meltdown and the surge of new corporate interest in enterprise-wide risk management, do internal auditors face risks of their own in getting left behind?

maybe so, according to some prominent thought leaders in the profession.

after surveying more than 2,000 executives across 50 regions of the globe, researchers at pricewaterhousecoopers report that internal auditors are being challenged “to remain relevant and meet stakeholder demands” in ways like never before.

brian brown pwc
brown

what’s required today, according to brian brown, pwc principal and internal audit advisory services leader, is a whole new, and somewhat unnerving, concept of the internal auditor, a new vision brown and his colleagues call “internal audit 2.0.” more than simply checking accounts, internal auditors need to adopt a new way of thinking about their job that goes beyond audit as we’ve known it and embraces the fast-developing body of knowledge in governance, risk and compliance. or else, brown says, they run the risk of becoming marginalized and obsolete as new risk-management professionals take over.

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