The year 2020 has ruptured the foundation of the accounting profession as we know it. The inevitable came to fruition as a volatile market, changing work circumstances, and digital take-over collided and presented the industry with eager eyes during a time of uncertainty. Many failed to adapt to the quickly changing environment, because they were not prepared, or did not have the skills necessary to rapidly prepare and execute on a sudden shift in business style.
So what is in store for the accounting profession moving forward? An evolution.
Change is guaranteed, but it can no longer be gradual. There is a need for accountants and CPAs to evolve into advisors of the future, who are not just technically sound and good with numbers and spreadsheets, but rather possess a variety of skills that enable them to provide unparalleled value to their clients. Whether you are an employee starting out, a manager of a team, or the leader of a firm, your goals can only be reached and achieved if you take the time to invest in yourself and your business by not only preparing, but executing a strategic long term plan based on the direction of industry is going.
In this episode, we discuss why and how the future of the profession is changing with CEO of C3 Evolution Group: Garrett Wagner, CPA. Garrett has been speaking on the need for change in the accounting profession mentality and focus on value add skills for years, creating video content under The Entrepreneurial CPA Show. With 2020, he is upgrading his vision through the creation of Evolve Now, a future of accounting content platform, aimed at offering insights and knowledge from thought leaders, via video content primarily, as well as offering CPE course subscriptions teaching skills important to evolving as a professional in the accounting industry.
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