Identification: DCPA2126
In the accounting profession, disruptive technological change is not on the way – it’s already here, with even more to come. As these capabilities advance further and the marketplace evolves, leveraging technology to effectively drive competitive advantage requires a combination of planning, clearly defined business objectives, and strong change management capabilities. In this session, we will discuss the essential elements that contribute to successful change initiatives, including the people and processes impacted. Join us to learn how you can successfully navigate and drive change to achieve your future vision.
Identification: DCPA2127
In today’s post-Wayfair, digital consumer environment, the last thing your business clients have on their mind is sales & use tax… until there is an audit. The risks associated with ignoring sales & use tax can be severe for businesses of any size and type. As a result, your business clients need their trusted advisor to be proactive and cover their blind spots.
In this session, we will discuss how your firm can master its sales & use tax strategy to proactively address business clients’ needs. An expert in sales & use tax will highlight the top areas of vulnerability for businesses and how you as the trusted advisor can offer support. We will then review the necessary elements to drive your sales & use tax strategy. You don’t have to have a dedicated sales & use tax department at your firm to attend this session, only a desire to protect your clients. Bring your questions and expect to leave this session feeling educated and confident in knowing how to master your firm’s sales & use tax strategy of today and tomorrow.
Identification: DCPA2128C
After hearing about disruptive and innovative strategies being employed across businesses, participate in the round table discussions with your peers. Select a topic of interest and begin discussing the application and impact in your practice in the coming months and years. The Digital CPA Community is about anticipating the future trends and planning accordingly; start your conference experience by discussing ideas and initiatives. (Virtual attendees will have a virtual round table to join as well.)
Identification: DCPA2129
Erik Asgeirsson, president & CEO of CPA.com, will be joined by special guests Elinor Litwack, Rohit Arora, Jennifer Wilson and William Pirolli to provide an environmental scan of today’s circumstances while exploring the new business models that have been ushered in from the pandemic. Along with speeding up the adoption of new technology, the events of the past two years accelerated the profession to a place that many experts predicted we wouldn’t reach for another half decade. Essentially, it hit fast-forward to deliver what we were on track to experience in 2025 – five years sooner.
Joined by innovative practitioners and subject matter experts, Erik will lead a discussion on how exponential change is advancing technologies faster than ever, forcing rapid integration and a higher reliance on the technology ecosystem that serves the profession.
Identification: DCPA2130
Opportunities for advisory services are growing in emerging areas, such as: environmental social and governance (ESG) reporting, SOC auditing, cybersecurity, and working capital. A panel of practice leaders driving these initiatives will discuss how they started these practice areas, how they developed staff to deliver them, and identified profiles of clients buying these services. Bring your questions about best practices to branch out into these new service lines and what obstacles to consider as you develop your plans.
Identification: DCPA2131
Data is everywhere. Firm staff and client staff are working from remote locations. Businesses have launched online models, and data shows they plan to keep running this way. Data is also showing fraud and breach incidents are increasing. In this session, we will discuss what to do post-breach, how to act fast, and notification requirements. We will also review in-firm or with 3rd party providers that can assist you and your clients in preventing breaches as we lead the way into blended work and commerce environments.
Identification: DCPA2132
Client accounting advisory service (CAS) lines have been maturing in firms across the profession for over a decade. Some practices are flourishing where others are stalling out. Succession Institute and CPA.com collaborated on an assessment tool to assist firms in identifying where they will face challenges in growing a CAS practice. In this session, we will review anonymous findings from those that have leveraged the CAS Assessment Tool, and share insights on how to use results of the assessment to make your CAS practice stronger. This session is about the inner dynamics and workings in your firm. Leverage the experiential learning of other professionals to proactively address common roadblocks that stunt progress and those that propel success.
Identification: DCPA2133
The use of data analytics is growing across multiple services in firms. Assurance services are employing data analytics to design antifraud tests, see trends, and gain valuable insights for your clients. In this session learn more ways to leverage data analytics to identify risks and make your assurance services more data-driven.
Identification: DCPA2136
Facing new pressures clients have a smaller margin for error when it comes to making decisions about their businesses. In this context, the annual planning process is taking on even greater importance. In this session, we will provide a full framework for creating a strategic plan including goal setting, driver-based model building, forecasting and budgeting, and ongoing goal tracking using advanced reporting and dashboarding tools. Data collected during client assessments will provide a solid foundation to opening the discussion on reaching goals.
Identification: DCPA2137
Moving from onpremise to remote auditing includes a redesign of your process and expanding your toolset. Communication between team members will have a new cadence, including how and when you collaborate with the client. Beyond digitizing all work product, what other tools should you consider? Practitioners that have been forging the path in remote audits will share what has worked, and what has made the transition a success during this session.