FLP, the Finance Leadership Podcast

Steven A. Menges (AICPA & CIMA, CPA.com New York) presents this special compilation of interviews from CPA.com's new "Modernising Your Practice" audio and content series. There's plenty of international relevance in this in-depth collection of best practices from the US accounting profession. Ellen Goria, (Associate Director – Global Professional Ethics at the AICPA’s Professional Ethics Division) discusses the hot topic of firms offering technology services in addition to audit and other assurance services. Plus, Stan Sterna, JD from Aon and Sarah Ference from CNA discuss challenges (and insights) around liability risk in engagement letters. Stan then discusses privity in third party audit claims, including reasons a firm may face a lawsuit in this area, and tips to decrease firm risk and limit liability. Hear and share the individual interviews at CPA.com/MYP.   GIVE FEEDBACK. How did you discover our podcast, where do you listen, and what would you like to hear more of? Finance pro or not, we'd love to know what you think. Email us here.   OUR GUESTS. · Ellen Goria, Associate Director of Global Professional Ethics at the AICPA’s Professional Ethics Division · Sarah Ference, CPA, Risk Control Director, Accountants Professional Liability, CNA · Stan Sterna, JD, Vice President, Aon Insurance Services, Professional Firms   TOPICS. 1) Hosting Services Interpretation, Portals and More – A Discussion. (Ellen Goria interviewed by Steven A. Menges, Product Team – Assurance, CPA.com) high level discussion about various non-attest technology related services. new guidance related to technology hosting services from the AICPA’s Professional Ethics Executive Committee (better known as PEEC). the impact of the hosting services interpretation (effective on July 1, 2019) and how it effects assessments of impairment of independence at firms. 2) Engagement Letters: Foundational Best Practices. (Stan Sterna, JD from Aon and Sarah Ference from CNA. Interviewed by Matt Towers, Product Lead – Assurance, CPA.com ) challenges around liability risk in engagement letters. engagement letter scope. key insights and data around the most common reasons a firm faces a lawsuit in this area. steps firms can take to minimise this risk. 3) Privity in Third-party Audit Claims. (Stan Sterna, JD from Aon interviewed by Matt Towers). the implications of privity on third-party legal claims against accounting firms. definition of Privity. how to provide context around when and how it might apply in a lawsuit. steps firms can take to decrease the risk of third-party claims and to limit liability to a third party.   LINKS. AICPA & CIMA and other guidance or explanatory content on the topics discussed in this episode: Hosting Services interpretation (ET 1.295.143) Nonattest Services FAQ (Ensure you see pages 20-23) AICPA Professional Ethics Division “Ethically Speaking” Podcast, Episode 3: Hosting services ― What you need to know now AICPA Professional Ethics Division “Ethically Speaking” Podcast, Episode 4: Hosting services ― More of your questions answered AICPA Plain English Guide to Independence (Ensure you see pages 43-44) AICPA Guest Blog by Toni T. Lee-Andrews Director-Professional Ethics, Association of International Certified Public Accountants Journal of Accountancy Article (on hosting services) Journal of Accountancy Article: How data-hosting services affect independence: Hosting an attest client’s data or records leads to impairment under a new interpretation   ABOUT OUR PODCAST The Voices. These conversations with expert guests are recorded by different members of the AICPA & CIMA team from our offices around the world. While the sound quality may vary, the insights will always be consistently useful. Hear more. Get our shows every week automatically and free. Share them easily with colleagues and friends by using the icons on your app or media player. Skill Up. Find related CPD/CPE resources at the AICPA Store and the CGMA Store. Connect. #GoBeyondDisruption @AICPANews @CIMA_News   SHARE WITH YOUR NETWORK. Know someone who'd enjoy this topic? Click on these links to share this episode with colleagues and friends. Recommend it to your LinkedIn connections.  Recommend it to your  LinkedIn connections.  Send to  Twitter.  Auto-share on your  Facebook page.  Let someone know via  email.  ©2019 Association of International Certified Professional Accountants (AICPA & CIMA)

"Now we've enabled literally every human ... to automate any process... to allow them and their company to thrive even more than before". (#87). Automation Anywhere co-founder Neeti Shukla talks to AICPA & CIMA's Kyle Hannan about the state of RPA today. She outlines how a Digital Workforce Platform helps people to improve the quality of lives by bringing automation into their working lives, rather than by replacing them. Neeti also discusses the concept of "Everyday Automation" and what it means for the future of work. WE DISCUSS. New understandings of RPA. How process automation can run across all business areas.  Visions for the future of work "Everyday Automation" What it means when we talk about a ‘digital workforce”     OUR GUEST. Neeti Shukla is SVP Brand Strategy & Culture Architect of Automation Anywhere, a fast-growing company based in California which develops robotic process automation (RPA) software. She has helped build a world-leading reputation based on catering to enterprises looking to deploy a digital workforce composed of software bots that complete business processes end-to-end.  Connect with her on LinkedIn here. RESOURCES. Robotic Process Automation (RPA) for Accounts Payable & Receivable course for CE credit: AICPA Store: AICPA course with AAI For more information about RPA: automationanywhere.com 100+ online learning courses, 13 role-based Learning Trails and 3 certifications from Automation Anywhere University: university.automationanywhere.com LinkedIn Learning courses (X2) Lynda.com Udemy   MORE ABOUT OUR PODCAST.  The Voices. These conversations with expert guests are recorded by different members of the AICPA & CIMA team from our offices around the world. While the sound quality may vary, the insights will always be consistently useful.  Hear more. Get our shows every week automatically and free. Share them easily with colleagues and friends by using the icons on your app or media player.  Skill Up. Find related CPD/CPE resources at the AICPA Store and the  CGMA Store.  Connect. #GoBeyondDisruption @AICPANews @CIMA_News    SHARE WITH YOUR NETWORK.  Know someone who'd enjoy this topic? Click on these links to share this episode with colleagues and friends.  Recommend it to your  LinkedIn connections.  Send to  Twitter.  Auto-share on your  Facebook page.  Let someone know via  email.  ©2019 Association of International Certified Professional Accountants (AICPA & CIMA)

"If you have those emotional competencies - then you are far more likely to have great competitive advantage and be successful". (#86) Leadership coach Jackie Fitzgerald talks to AICPA & CIMA's Peter Simons about the most vital quality of ‘adaptability’. When businesses need to be Agile for the digital age, personal adaptability is a great place to start. She shares what "emotional capital" is, why it's important, and how it can boost personal career development as well as business prospects   OUR GUEST. Jackie Fitzgerald has spent the last 9 years coaching hundreds of clients who run their own businesses, or who work at a senior level in professional service firms or the corporate world. Prior to coaching she had a successful career in international telecommunications finance, working for Cable and Wireless plc on major subsea cable and satellite projects, then spent 10 years running successful global joint ventures in the UK, the USA and beyond.  Jackie is a Fellow of the Chartered Institute of Management Accountants and attended executive development courses at London Business School and INSEAD. She has an MA in Coaching and Mentoring Practice from Oxford Brookes University (2014), a combined Honours degree in French and Spanish from King's College, London, is a Fellow of the Royal Society of Arts, and also a keen Liverpool fan. Connect with her via www.alquimia.co.uk   WE DISCUSS. * Is this universally applicable across the world? * Adaptability, self-actualisation and self-realisation? * The Emotional Capital Report * How it helps you and your business.   MORE ABOUT OUR PODCAST. The Voices. These conversations with expert guests are recorded by different members of the AICPA & CIMA team from our offices around the world. While the sound quality may vary, the insights will always be consistently useful. Hear more. Get our shows every week automatically and free. Share them easily with colleagues and friends by using the icons on your app or media player. Skill Up. Find related CPD/CPE resources at the AICPA Store and the CGMA Store. Connect. #GoBeyondDisruption @AICPANews @CIMA_News   SHARE WITH YOUR NETWORK. Know someone who'd enjoy this topic? Click on these links to share this episode with colleagues and friends. * Recommend it to your LinkedIn connections. * Send to Twitter. * Auto-share on your Facebook page. * Let someone know via email. ©2019 Association of International Certified Professional Accountants (AICPA & CIMA)

"What's the connection between the Roman Empire, the Oscars, bubble gum and The Bible?" (#85). A special, bite-sized episode looking back at why November 10th is International Accounting Day.    WE DISCUSS: * Why is this date so important? * How did the profession develop since ancient times to what it is today?  * Who was Luca Pacioli and why is he often called 'The Father of Accounting"?   RESOURCES * Read about Pacioli's work on Wikipedia. * Discover Dr. Martin Farrar's brief history of accounting. * Watch the videos on our special "Why I Became An Accountant" page.   MORE ABOUT OUR PODCAST. The Voices. These conversations with expert guests are recorded by different members of the AICPA & CIMA team from our offices around the world. While the sound quality may vary, the insights will always be consistently useful. Hear more. Get our shows every week automatically and free. Share them easily with colleagues and friends by using the icons on your app or media player. Skill Up. Find related CPD/CPE resources at the AICPA Store and the CGMA Store. Connect. #GoBeyondDisruption @AICPANews @CIMA_News   SHARE WITH YOUR NETWORK. Know someone who'd enjoy this topic? Click on these links to share this episode with colleagues and friends. * Recommend it to your LinkedIn connections. * Send to Twitter. * Auto-share on your Facebook page. * Let someone know via email. ©2019 Association of International Certified Professional Accountants (AICPA & CIMA)

"The decision is made, the risks are weighed, and outcome HAPPENS. And you pivot or die." (#84) Chicago-based David Jarczyk is Principal in KPMG LLP’s Tax Innovation group and the firm’s Tax Blockchain Leader, focusing on bridging the gap between technology/big data and business cases/user needs. He shares insights on his innovative work to foster and scale startup mindsets that can drive change right across large enterprises. We also hear how this model can be used for more than just Blockchain but for ANY technology that an organisation may be adopting or evaluating, and how this be used on a truly global scale.    GIVE FEEDBACK. How did you discover our podcast, where do you listen, and what would you like to hear more of? Finance pro or not, we'd love to know what you think. Email us here.   WE DISCUSS. * some new understandings of what a ‘digital duplicate’ is, * how this connects emerging technologies with an organisation’s existing and ongoing business needs,  * how Blockchain is just one of many enabling technologies that companies are needing to build on for the future,   * ways that this model can be used for more than just Blockchain – but for ANY technology that an organisation may be adopting or evaluating.  * the practical core: how to link all of this to the people without which none of these digital transformations will deliver on their full promise.       OUR GUEST. Before joining KPMG (Illinois, USA) as the lead Tax/Finance partner for the firm’s Blockchain initiative, David Jarczyk was a founder and CEO of a successful intellectual property technology company for 10 years, and founder and head of client services for an economics and valuation firm for the prior 5 years. He’s a true entrepreneur and economist – who is literally helping to transform the way a Big Four accounting firm approaches technology and helps its clients disrupt and improve their normal processes. Connect with him on LinkedIn.   LINKS WE MENTION. * "Crossing The Chasm" by Thomas Moore. * The Lean Startup" By Eric Reis.   MORE ABOUT OUR PODCAST. The Voices. These conversations with expert guests are recorded by different members of the AICPA & CIMA team from our offices around the world. While the sound quality may vary, the insights will always be consistently useful. Hear more. Get our shows every week automatically and free. Share them easily with colleagues and friends by using the icons on your app or media player. Skill Up. Find related CPD/CPE resources at the AICPA Store and the CGMA Store. Connect. #GoBeyondDisruption @AICPANews @CIMA_News   SHARE WITH YOUR NETWORK. Know someone who'd enjoy this topic? Click on these links to share this episode with colleagues and friends. * Recommend it to your LinkedIn connections. * Send to Twitter. * Auto-share on your Facebook page. * Let someone know via email. ©2019 Association of International Certified Professional Accountants (AICPA & CIMA)

"It has SO many economic benefits... by establishing those relationships and being authentic."  GBD83. Business Valuation expert and AICPA Hall of Famer Kevin Yeanoplos shares some honest and revealing perspectives as we continue our focus on Cybersecurity Awareness Month 2019. He outlines how building better person-to-person connections and authenticity in client-relations can make a company worth more, and how getting comfortable with discomfort might actually be a good thing. In his decades of experience, he's seen that it's often like causing ripples in a pond: we need to throw in a pebble or two before we start making those little waves that drive the right impacts for staff and clients, or for potential investors and future business-purchasers.   OCTOBER 2019 IS CYBERSECURITY AWARENESS MONTH SO VISIT THE AICPA & CIMA CYBERSECURITY RESOURCE CENTRE.    GIVE FEEDBACK. How did you discover our podcast, where do you listen, and what would you like to hear more of? Finance pro or not, we'd love to know what you think. Email us here.   WE DISCUSS. * how better authenticity can mean better security, * the value of discomfort, * the business benefits of genuine empathy, * the three types of people that generally pose security risks.    OUR GUEST Kevin R. Yeanoplos, CPA/ABV, ASA is a Shareholder and the Director of Valuation Services for Brueggeman and Johnson Yeanoplos, P.C.(USA). Kevin has spent decades helping clients with the valuation of a diverse array of intangibles including patents, trademarks and song catalogs to name a few, whether it be for divorce or other litigation, financial reporting, gift and estate taxes, mergers and acquisitions or ESOP’s, among others. As both an expert witness and court appointed neutral in state and Federal courts across the country, he has assisted in a variety of complex valuation, financial analysis and damages issues. A popular and experienced presenter, Kevin frequently lectures throughout the United States on the topics of valuation, applied finance and financial analysis, including presentations to the Federal Bureau of Investigation, and has been a faculty member for the AICPA’s National Business Valuation School for close to 25 years. The AICPA honored Kevin’s contributions by inducting him into the AICPA Business Valuation Hall of Fame in 2010, recognizing individuals whose lifetime achievements and contributions have significantly advanced the valuation discipline and have enhanced the valuation profession for CPAs. Connect with him on LinkedIn.   MORE ABOUT OUR PODCAST. The Voices. These conversations with expert guests are recorded by different members of the AICPA & CIMA team from our offices around the world. While the sound quality may vary, the insights will always be consistently useful. Hear more. Get our shows every week automatically and free. Share them easily with colleagues and friends by using the icons on your app or media player. Skill Up. Find related CPD/CPE resources at the AICPA Store and the CGMA Store. Connect. #GoBeyondDisruption @AICPANews @CIMA_News   SHARE WITH YOUR NETWORK. Know someone who'd enjoy this topic? Click on these links to share this episode with colleagues and friends. * Recommend it to your LinkedIn connections. * Send to Twitter. * Auto-share on your Facebook page. * Let someone know via email. ©2019 Association of International Certified Professional Accountants (AICPA & CIMA)

"We (accountants) really ARE in a unique position to become business partners within this new business model." GBD82 Kelly Mattaroci is a C-Suite professional financial executive with over 20 years’ experience. A CPA and a CGMA, she's passionate about revolutionising companies’ business models using artificial intelligence; input to output; for real-time information resulting in better business decisions. She tells AICPA and CIMA's Kyle Hannan about where AI can serve as the foundation for better business models, and how the new TICH platform has been developed with this at its core.    OCTOBER 2019 IS CYBERSECURITY AWARENESS MONTH SO VISIT THE AICPA & CIMA CYBERSECURITY RESOURCE CENTRE.   GIVE FEEDBACK. How did you discover our podcast, where do you listen, and what would you like to hear more of? Finance pro or not, we'd love to know what you think. Email us here.   WE DISCUSS *  new understandings of why a competitive advantage is quite different to a business advantage, * how data-driven strategies can be developed in close cooperation with the company’s leadership. * what lies ahead for companies who don’t adapt * the risks to – and FROM - their own customers   OUR GUEST Kelly Mattarocci is founder and CEO of TICH. Based in Austin, Texas, she is described as a domain expert in the context of business, an innovator, and a thought leader. Her primary value-creation focus is embracing technology to expand peoples' abilities, which results in optimisation of both. She's also written for Finance Management magazine. Connect with Kelly on LinkedIn.   MORE ABOUT OUR PODCAST. The Voices. These conversations with expert guests are recorded by different members of the AICPA & CIMA team from our offices around the world. While the sound quality may vary, the insights will always be consistently useful. Hear more. Get our shows every week automatically and free. Share them easily with colleagues and friends by using the icons on your app or media player. Skill Up. Find related CPD/CPE resources at the AICPA Store and the CGMA Store. Connect. #GoBeyondDisruption @AICPANews @CIMA_News   SHARE WITH YOUR NETWORK. Know someone who'd enjoy this topic? Click on these links to share this episode with colleagues and friends. * Recommend it to your LinkedIn connections. * Send to Twitter. * Auto-share on your Facebook page. * Let someone know via email. ©2019 Association of International Certified Professional Accountants (AICPA & CIMA)

"It's not only what each customer is telling you, it's what ALL customers are telling you".  GBD81 We continue our focus on data and privacy for US and EU Cybersecurity Awareness Month (October 2019). This episode gives the inside track on getting real financial value from a better understanding of insights contained in the data that most people consider in a negative way. Marcia Tal outlines how to use Artificial Intelligence and Machine Learning to reveal unexpected opportunities in customer complaints. VISIT THE AICPA & CIMA CYBERSECURITY RESOURCE CENTRE.   GIVE FEEDBACK. How did you discover our podcast, where do you listen, and what would you like to hear more of? Finance pro or not, we'd love to know what you think. Email us here.   WE DISCUSS: * New understandings of how financial institutions can make better use of their customer data. * the predictive capabilities of enterprise data and advanced analytics. * How financial institutions can identify and implement new revenue generating opportunities and impact their P&L. * How to use Artificial Intelligence and Machine Learning to reveal unexpected opportunities in customer complaints. * Ways that accounting and finance professionals can go “beyond disruption” by leveraging individual customer information.   OUR GUEST Marcia Tal is the visionary of the PositivityTech Intelligent Platform: The Science of Transforming Negatives to Positives. The platform combines human insights and advanced technology to uncover and enable strategic growth opportunities hidden in customer complaints. With a background in consumer banking, Marcia has spent her career immersed in the intersection of voice of consumer and advanced analytics. As Citigroup’s former EVP of Decision Management, she built and ran a global function, bringing advanced analytic capabilities to 30 countries. Connect with her on LinkedIn.   RESOURCES * the PositivityTech® Intelligent Platform. * The AICPA & CIMA Cybersecurity Resource Centre   MORE ABOUT OUR PODCAST. The Voices. These conversations with expert guests are recorded by different members of the AICPA & CIMA team from our offices around the world. While the sound quality may vary, the insights will always be consistently useful. Hear more. Share them easily with colleagues and friends by using the icons on your app or media player. Connect. #GoBeyondDisruption @AICPANews @CIMA_News   SHARE WITH YOUR NETWORK. Know someone who'd enjoy this topic? Click on these links to share this episode with colleagues and friends. * Recommend it to your LinkedIn connections. * Send to Twitter. * Auto-share on your Facebook page. * Let someone know via email. ©2019 Association of International Certified Professional Accountants (AICPA & CIMA)

It's not just a fluffy "nice to have", it is a MUST-have business fundamental. GBD80 A special Friday Focus episode to mark World Mental Health Day 2019. Katie Demain of iOpener has been referred to as Africa's foremost practitioner in The Science of Happiness At Work. She discusses how positive leadership styles can help teams to do better because their people feel better, and because their leaders lead better.   GIVE FEEDBACK. How did you discover our podcast, where do you listen, and what would you like to hear more of? Finance pro or not, we'd love to know what you think. Email us here.   OUR GUEST Katie Demain is an International Partner at iOpener. She's lived and worked in twelve countries over the past thirty years; and recently moved back to the U.K. from South Africa. With a degree in European Business Management, Katie works in several languages, including French and Spanish. as well as English. At the heart of it all, she's a public speaker and thought-leader often interviewed on radio programs and has spoken at international conferences and at U.N. Forums. Connect with her on LinkedIn.    MORE ABOUT OUR PODCAST. The Voices. These conversations with expert guests are recorded by different members of the AICPA & CIMA team from our offices around the world. While the sound quality may vary, the insights will always be consistently useful. Hear more. Get our shows every week automatically and free. Share them easily with colleagues and friends by using the icons on your app or media player. Skill Up. Find related CPD/CPE resources at the AICPA Store and the CGMA Store. Connect. #GoBeyondDisruption @AICPANews @CIMA_News   SHARE WITH YOUR NETWORK. Know someone who'd enjoy this topic? Click on these links to share this episode with colleagues and friends. * Recommend it to your LinkedIn connections. * Send to Twitter. * Auto-share on your Facebook page. * Let someone know via email. ©2019 Association of International Certified Professional Accountants (AICPA & CIMA)

 The challenge is that most organisations don't know what data they have or where it is. GBD79 Continuing our cybersecurity theme, Aaron Weller, Strategy VP for Sentinel LLC, give us the inside track on data-privacy and cybersecurity. GDPR, CCPA, privacy cultures, and about how ethical companies attract better people, which means more customers are reassured to stay.   VISIT THE AICPA CYBERSECURITY RESOURCE CENTRE.   GIVE FEEDBACK. How did you discover our podcast, where do you listen, and what would you like to hear more of? Finance pro or not, we'd love to know what you think. Email us here.   TALKING POINTS.  * New understandings of building something called the “trust aspect”. * How an organisation should re-engineer for a new privacy-first world. * Why Managed Service agreements may be a way forward. * The basics of where an organisation needs to start as they set up for the work ahead, * The risks of doing nothing   OUR GUEST.  Aaron Weller is a Corporate and Enterprise Privacy strategist working across the tech and retail sectors in the US. After 5 years leading PwC’s Privacy practice for the Western US, Aaron spent a year leading the GDPR Program Management Office for a leading technology company and now advises their CPO and Chief Compliance Officer on Privacy strategy.  He also  provides strategic privacy advice to companies looking to innovate their use of personal information.  Aaron has been a member of the IAPP Certification training faculty for 6 years.  In recognition for his leadership in the field of privacy, Aaron was accepted as a Fellow of Information Privacy (FIP) in 2016.  Connect with him on LinkedIn.     MORE ABOUT OUR PODCAST. The Voices. These conversations with expert guests are recorded by different members of the AICPA & CIMA team from our offices around the world. While the sound quality may vary, the insights will always be consistently useful. Hear more. Get our shows every week automatically and free. Share them easily with colleagues and friends by using the icons on your app or media player. Connect. #GoBeyondDisruption @AICPANews @CIMA_News   SHARE WITH YOUR NETWORK. Know someone who'd enjoy this topic? Click on these links to share this episode with colleagues and friends. * Recommend it to your LinkedIn connections. * Send to Twitter. * Auto-share on your Facebook page. * Let someone know via email. ©2019 Association of International Certified Professional Accountants (AICPA & CIMA)