Warning: The future of Accounting is on a thrilling ride. Discover a world where technology is shaking the very foundations of old-school number crunching! In this episode, we dive headfirst into the whirlwind of change gripping the accounting profession. Whether you’re a CPA, C-Suite executive, business owner, or aspiring accountant, after listening to this episode, you might be reeling from the burst of knowledge bombs Jody Padar and Bill Keller drop.
Here are a few takeaways that'll get you thinking about AI, the future of accounting, and those coveted soft skills.
1. AI and automation are more than just buzzwords; they're the new rivals in the accounting arena.
2. The seismic shift in pricing models - every figure and forecast is under the microscope.
3. Think AI and Automation will eliminate staffing shortages? Think again!
3. Adapting to change isn't just a survival tactic; it's a competitive sport in which only the most agile contestants win and competition pops up in the most unexpected ways.
3 Ledger Lines to Ponder:
- "Rethink, retool, reprice – it's the accountant's new mantra." – Jody Padar
- "Technology is the symphony, but people are still the composers." – Bill Keller
- "Forget what we know, the future of finance is a brand new show." – Ira S Wolfe
Resources:
Jody Padar, The Radical CPA, https://www.linkedin.com/in/jody-padar-18a9711/
Bill Keller, Staffing Global https://staffingdifferent.com
Recommended Reading:
Radical Pricing (Keep an eye out for Jody Padar's upcoming book—Spring 2024)
The World Is Flat, https://www.amazon.com/World-Flat-3-0-History-Twenty-first/dp/0312425074/ref=sr_1_1
The 4-Day Workweek,
https://www.amazon.com/4-Hour-Workweek-Expanded-Updated-Cutting-Edge-ebook/dp/B002WE46UW/ref=sr_1_1
The Goal, https://www.amazon.com/Goal-Process-Ongoing-Improvement/dp/0884271951/ref=sr_1_1
