The time for preparation has run out. There was some legislative response, which dealt with cost of sales valuation adjustment. Understand both the threats and the incredible opportunities these talent, technology and client shifts will bring.
An interview with Hugh Morgan. I believe personal development is essential in the areas of leadership and critical thinking. There are now many sources to find tax information. Invest in yourself and your business.
Success is dependent upon adding value. Never stop learning. Ingles Adam Spiegel Alan L. Hedge Funds.
We no longer can put processes and technology in place and walk away for 20 years before we need to review it again. Honing critical and analytic thinking will help us all prepare for whatever the future brings.
Inspire others. The end, at least as far as public accounting is concerned, should be an improved customer experience.
View projects from the perspective of outcomes for customers instead of their myopic perspective: tasks, activities and inputs. The time and money they invested when they bought in were based on services that hold a different value today. Whether you read books, subscribe to podcasts or get outside your own four walls to participate in peer networking groups, you must continue to learn in order to remain relevant in a rapidly changing world.
This means taking calculated risks from time to time, and recognizing that failures along the way are not and will not be fatal.