Read CPA Horizons 2025
Read CPA Horizons 2025 found in the DeVry online library. In the document, 10 themes emerged that give insight into how the profession is conducting and will conduct business, serve clients and employers, attract and retain employees and new business and remain competitive in the marketplace throughout the next 15 years. In 3-4 pages (12-pt type, double-spaced) summarize the four themes that you believe are the most important to the accounting profession and the impacts on the profession. Do you agree with the impacts? Can you think of more impacts? Do you agree with the ten themes? Are there any you would add?
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Section: PROFESSIONAL ISSUES
10 topics every CPA must examine to stay ahead of the curve
The AICPA has released the findings from a yearlong initiative to examine what’s on the horizon for CPAs and the accounting profession. CPA Horizons 2025 leveraged insights from more than 75,000 comments from CPAs in all segments of the accounting profession, regulators, thought leaders and futurists to highlight key trends and chart what the profession will face in the years leading up to 2025.
This major effort, undertaken in partnership with the state CPA societies, builds on the CPA Vision Project undertaken in the 1990s.
The research shows that the profession — from sole practitioners to medium and large firm members to members in business and industry to those in government and academia — has a bright future and will need to respond quickly and competitively to the shifting ground on political, economic, social, technological and regulatory fronts.
Insights and directions related to opportunities and challenges for the profession emerged through the initiative. Using these insights and directions as a road map, CPAs and the accounting profession will mold their future.
Key findings included:
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