Your Board of Directors...
Written by Ryan Mathews, MAcc, CPA, CFE
For as long as I can remember, I have enjoyed team sports. Personally, one of the most enjoyable parts of team sports is watching individual team members work together toward a common, shared objective. I often catch myself likening sport concepts to situations that I face in my career as a CPA.
I have a quote hanging in my office attributed to Bud Wilkinson who was the head football coach at the University of Oklahoma from 1947 to 1963. During his time at Oklahoma, Wilkinson's teams won 3 national championships, 14 conference titles, and won 47 straight games (which is a record that still stands to this day). The quote by Coach Wilkinson says, "If a team is to reach its potential, each player must be willing to subordinate his personal goals to the good of the team."
I recently concluded a season of helping coach my son's seventh grade football team. Like in many businesses, we started with a series of goals and objectives. We then worked toward those objectives. Individuals were assigned positions within the team. At times, these positions were very comfortable and familiar for the respective team member. In other instances, team members were asked to play positions that were unfamiliar to them causing them to experience a little discomfort.
As coaches, we would remind each player of their individual responsibilities and assignments. We knew our team success depended on individual players understanding how their contributions would help the team succeed on each play. Our season ultimately ended in a playoff loss, which was short of one of our original goals. However, as we reflected on the growth and accomplishments of the team we felt that the overall season was a success.
As I have been involved in the CPA profession and the Idaho Society of CPAs, I have realized that I am a member of another dynamic team of CPAs. Some team members are in public accounting, other are business owners, others work in industry or education. As a profession, we are presented with opportunities to network and collaborate. As we each keep our focus on our individual contributions to the CPA profession, we will be able to experience the benefits of being on a successful team and enhancing the CPA brand.
Thoughts from Laura...
My first AICPA convention is in the books – and it sure was an amazing event. I came to the Idaho Society from the "Association Management" side of our business. Managing, communicating and advocating for people with a common cause is my passion, so my focus now is to learn everything I can about the CPA "world." Being in a room with almost 400 people at AICPA Council, talking about the future of the profession, was invigorating. I couldn't have asked for better education and inspiration.
I don't know who said accountants can't have fun – they threw an amazing event! As you can see in the photos, I met the 2017 AICPA Chairman, Kimberly N. Ellison-Taylor, CPA, CGMA, who is a power-house of energy and information. Her goal was to get a selfie with everyone she could! I also posed on a Longhorn Steer named Freckles. "LOL… you are so weird Mom!" was the response I got from my youngest son, after I excitedly texted him the photo. There was lots of fun, but most important, the information was invaluable. The issues of CGMA/Use of Title and Peer Review were both discussed in-depth. I am well-versed and am watching these issues very closely. I will report back to membership in the future, when more progress is made and explain how it will affect Idaho. If you want to chat about any of this… call me. 208-344-6261. I could go on and on.
Our 2-day Hoven Tax Conference is this week and we have 5 spots left, so please call ASAP if you want one, 208-344-6261. If you can't make that, we are also having Key Business Tax Update and Key Individual Tax Update seminars by Doug Van der Aa on December 14 and 15 at ISCPA. Both of these seminars will also be offered virtually so all our members outside of the Treasure Valley can easily join us! Details: Key Business - Virtual and the Key Individual - Virtual.
Don't forget about ISCPA Self-Study! We've edited down several of the popular 8-12-hour seminars into smaller segments. Tech Conference now has four 2-hour segments available. We've also packaged some of the more intensive seminars, like Farm & Ranch, for self-study that couldn't be edited down, but you can now watch them at your own pace. I think this is a brilliant way to get information at your convenience and in the length you want and need. It's all on-demand and listed on the website.
Calendar notes: I know it's a way out… but let's make sure you have these events on your calendar. The Legislative Dinner is Tuesday, January 16, 2018 at Boise Centre East. The Annual Meeting, our 100th Anniversary I might add, is on Friday, June 15, 2018.
I am thankful for my new professional community and look forward to meeting many more of you personally. I am your Executive Director and I work for you. Let me know your thoughts. I want every member to always consider the Idaho Society of CPAs a trusted partner in their success!
Here are some links that may be of interest
- House Ways and Means approves amended Tax Cuts and Jobs bill- JoA article
- House bill features many business tax changes- JoA article
- Details of tax reform legislation revealed- JoA article
- Detailed podcast on Tax Cuts and Jobs Bill- ISCPA Podcasts
- Idaho State Tax Commission Appeals Process Clarified- John McGown - The Advocate - September 2017 article
- Enhancing Audit Quality: 2017 Highlights and Progress- AICPA article
- 5 Qualities that Differentiate Your Firm - Boomer article
- Software's New World of Incremental Improvement -K2 article
- Everyone Doesn't Have to Buy-In- Boomer article