Accounting's future: Embrace change and build on trust

Finance leaders can become consumed by today's challenges, but long-term thinking is essential to staying competitive and relevant.

In this episode of the Journal of Accountancy podcast, hear from former AICPA chair Okorie Ramsey, CPA, CGMA, on how the Rise2040 initiative identifies key forces shaping the profession, why embracing change is critical, and how trust can remain a powerful advantage for CPAs.

Ramsey, speaking from the Future of Finance Summit in National Harbor, Md., also discussed the purpose of the AICPA Foundation and why he enjoys being part of the Future of Finance Leadership Advisory Group.

What you'll learn from this episode:

A framing of the Rise2040 initiative and how it can help finance leaders think beyond this week's task list. Ramsey's comment on Rise2040 including the statement from accountants that "our biggest threat is us." Why embracing change is a critical skill for the profession. The reason trust is particularly important now in Ramsey's mind. His focus areas as vice president of the AICPA Foundation.