The CPA Horizons 2025 is a road to the future and it is a major step in the right direction by AICPA. The initiative has been on going for about a year and the professional body has come up with ideas on what’s the new big thing for CPAs to focus on and the accounting profession as a whole. CPA Horizons 2025 brings about insights from more than 75,000 comments from CPAs from all sectors of the accounting profession and to discuss what is at stake and challenges that will be faced in the years leading to 2025. The most important thing about the Horizons 2025 is that initiatives are developed with regards to the direction and challenges that will be encountered in the future. There are key findings and agreement made as to the direction and where the future of the accounting profession lies. Here are the key findings, which include:
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• The profession core values should be remain unchanged and must be also evolved around 21st century.
Four Themes that I believe are most Important
All of the ten (10) themes described are very important now and in the future for the accounting profession. The research shows that the profession is gravitating towards the 21st the century and that they need to respond need to respond quickly and competitively to the shifting ground on political, economic, social, technological and regulatory fronts so that they won’t be left behind. The four themes that I believe are most important among the initiatives discussed are:
1. Technology
2. Pre-certification and lifelong learning
3. Pride in the