Your deadline to apply for this year's Leadership Academy is actually May 31, so you have plenty of time left to procrastinate. Of course, if you're the type that would want to attend, then you probably already filled out your application your senior year in high school: The four-day program engages candidates in a self-examination […]
Hot off the presses from the AICPA: The American Institute of CPAs (AICPA) has announced the 2013 Leadership Academy class. This group of 38 up and coming stars in the profession will participate in the 5th annual Leadership Academy in Durham, N.C. this fall. During the intensive five day program, the participants will learn leadership […]
First, I never implied the AICPA Leadership Academy was awful in the first place, I just to make sure we’re clear on that. I only use “awful” because you lot seem like the sort of people who mostly care about money and fulfillment, with neither of those necessarily mutually exclusive. It’s totally fine, we can’t all be leaders.
But one day, you kids are going to inherit the empire (scary, I know). When all the Boomer partners have retired and you’re looking at filing 2025’s tax returns, will you be at the top of the food chain setting the tone or still lingering at the bottom picking up DUIs on Saturday nights? Just think a the following is an account of the AICPA’s recent Leadership Academy in North Carolina by Joshua Partlow. Joshua is a CPA under 40 and a partner at Johnson Lambert & Co. LLP. I share it with you guys only because it’s pretty interesting, which can’t usually be said for a lot of the pro-industry fluff we come across.
Last week, I had the pleasure of attending the AICPA’s Leadership Academy—as a member of its third class—in Durham, NC. I was among 33 participants under the age of 36. The Academy started off like many seminars do in this mobile age, with participants glued to our smartphones and somewhat disconnected from our surroundings. But that disconnection would be short-lived.
The mood transitioned quickly to one of collaboration and engagement as the instructors—Gretchen Pisano, president Sounding Board Ink, LLC, Tom Hood, CPA, executive director and CEO of the Maryland Association of CPAs and Jeannie Patton, AICPA vice president – students, academics & membership—began the Insight to Action process. We broke up into three groups to tackle three challenging real-life scenarios in business, non-profit and personal relationships. These tasks forced us to focus on the strengths of our characters, utilizing the i2A Strength Based Leadership program that we had been introduced to during our preconference workshops. The program coaches participants for leadership, teaching them self-awareness techniques, how to work from a source of natural strength and how to inspire their team to do the same.
My breakout group was tasked with the personal relationship scenario, helping a large, multi-generational family plan an annual vacation. What we learned was classic succession planning: the matriarch and patriarch of the fictional family had always taken the lead on making flight and destination arrangements and planning day-to-day activities. However, with a new dynamic involving grandchildren and in-laws, it was time for their adult children to step up and take the reins. It was a situation we could all relate to. The combination of strategic thought and the high quality of each and every participant’s contribution was amazing.
Strategic planning within the i2A model allowed us to interact, learn from one another and see, in a creative way, how our scenarios directly reflect what many of us are facing in our careers. We are all roughly the same age and coming into our time as leaders in our firms or organizations. Now, it’s not so much about building accounting experience and achievement (although that certainly plays a role). It’s more about finding within ourselves the courage and ability to mentor, guide and inspire. The experience opened my eyes to think differently—to think like a leader.
Why am I not surprised to see Tom Hood’s name show up?
Anyway, it’s too late to get on board for 2011 but if any of this sounds remotely interesting to you (hint: “leadership” = “getting people to do your evil bidding”), details on the 2012 Leadership Academy will be issued by the AICPA in January.
We’re not saying that pillars of the profession don’t frequent this site (we know Tom Hood shows up from time to time) but chances are, if you’re reading this at noon on a Friday with absolutely no intention to even pretend like you’re working for the rest of the day, you’re not among the AICPA’s new Leadership Academy choices.
The diverse group of 34 young CPAs will attend courses, lectures and mentoring sessions to develop the skills necessary to become the next generation of leaders in business, industry, government and the accounting profession.
“The AICPA takes its commitment to diversity and the development of young leaders within the accounting profession very seriously,” said Paul Stahlin, CPA, AICPA chair. “Within the last three years, we’ve happily witnessed a surge in the amount of highly qualified young people choosing to become CPAs. The young CPAs selected to participate in this year’s Leadership Academy have demonstrated their commitment to the profession, to their communities and their potential to become future leaders.”
This year’s participants represent a cross section of the profession’s role in the American capital market system, meaning they come from different backgrounds, specialties and even ethnicities. Some work in public accounting and others in business, industry, government or academia. The 2011 class has twice the number of business, industry and government participants as the classes of 2009 and 2010. The tax and audit split is 50 / 50 and 11 states have first time candidates. On an ethnic, gender and geographic basis, this year’s Leadership Academy is as diverse as America. They are equally divided between men and women and include CPAs of Asian, African American, Caucasian, Hispanic / Latino, Native American and Pacific Islander descent from all over the United States.
“The Leadership Academy is a great example of how the AICPA works to achieve its vitally important mission to develop young CPAs to lead the accounting profession and help meet its obligation to serve the public interest,” said Barry Melancon, CPA, AICPA president and CEO, who will address the Leadership Academy. “These ambitious, talented professionals are the future of the accounting profession. And through the AICPA’s Leadership Academy, the future begins now.”
The Institute selected the participants from a large pool of candidates sponsored by either their employers and/or state CPA societies. Candidates, who must be under 35 years of age, were selected on the basis of their work history, licensure information, professional volunteer activities, community service and awards and honors. In addition, each candidate supplied a statement explaining why participating in the academy would be important personally. AICPA senior leadership reviewed and evaluated each submission and a selection committee recommended the participants. All finalists were personally approved by both the AICPA Chair and CEO.
What this means is that it isn’t too late for a lot of you, but, you know, you better stop spending so much time complaining about work and start kissing up to your state society folks.
In all seriousness, this is an excellent opportunity for these young CPAs, and if any of them do somehow read this, we’d love to hear from you and talk about how you feel about being chosen.