The accounting and finance profession as we know it seems to be under assault. New technologies, staggering legislation and regulations, demographic shifts that are reshaping the face of workforces — we’re experiencing change and complexity on a level we’ve never seen before.

 

Or is that really true?

 

In a way, when you think about it, none of what we’re experiencing right now is new. All of the thought leaders out there are calling this “the Fourth Industrial Revolution.” Know what that means? There have been three other industrial revolutions before it. We’ve gone through massive change before.

 

The only difference today is that these changes are happening faster than ever before, which means we have to be more agile than ever, ready to shift with the next big transformation.

 

And that, in part, is Bill Reeb’s message to the accounting and finance world. Bill Reeb is chief executive of the management consulting firm Succession Institute, LLC. But more importantly, he is the incoming chair of the American Institute of CPAs, and he has a message for members of our rarified profession: Forget what you know. The world’s a different place.

 

To learn more, and for the complete show notes, visit blionline.org/blog.

 

Resources:

• Learn more at AICPA.org
• LinkedIn: https://www.linkedin.com/in/bill-reeb-3547ab14
• Start mastering your Future-Ready skills now by visiting MACPA.org/future-learning

Future-Proof is produced by Podcast Masters