Journal of Accountancy Podcast AICPA & CIMA

In the first part of a two-part podcast discussion, Hamza Khan detailed how he was affected by a severe case of burnout about 10 years ago. In this episode, Khan, an author and keynote speaker, shares more about his battle with burnout today.
Khan explained some of the reasons burnout can affect women in particular and shared some of the knowledge gleaned from attending two AICPA & CIMA Women’s Global Leadership Summits. He also discussed why having relatively few one-on-one meetings with his boss became a bad thing — and how leaders can make those meetings better.
What you’ll learn from this episode:
·         Why Khan wanted to emulate Jay-Z.
·         The CASTLE acronym and it’s tie-in to burnout.
·         Why Khan took one-on-one meetings for granted earlier in his career.
·         The tough questions managers should ask employees in one-on-one meetings.
·         Why the technological disruption in business today is “a time of danger but also a time of opportunity.”
 

Hamza Khan believes the four-day workweek to be “an inevitability.” It is the sort of workplace trend that could help to diminish burnout, which is the main topic of this JofA podcast episode with Khan, an author and entrepreneur.
This episode is the first of a two-part conversation with Khan, who has given keynote presentations at several AICPA & CIMA events, including the Global Women’s Leadership Summit and the CFO Conference.
Khan spoke last year on the JofA podcast about the difference between managing and leading, and he’ll talk on the next episode about how strong leadership should include meaningful one-on-one meetings.

Tom Hood, CPA/CITP, CGMA, executive vice president–Business Growth and Engagement at AICPA & CIMA, together as the Association of International Certified Professional Accountants, has his finger on the pulse of the profession. He’s traveled all over, talking to everyone from corporate CFOs to newly minted accountants and accounting apprentices, and he’s sharing some of the insights gained from those discussions on this episode of the JofA podcast.
Hood, who has been in his current role for three years after a long stint as CEO of the Maryland Association of CPAs, takes time to reflect on his move to the “global stage,” to explain the issues that most concern finance leaders, and to detail an early apprenticeship success story.
What you’ll learn from this episode:
·         Hood’s reflection on three years in an AICPA & CIMA executive role.
·         The “pre-Internet” computer technology Hood’s company used when he was a CFO.
·         One example of how the power of peers has built the Future of Finance Leadership Advisory Group.
·         Why the story one bank’s apprentice provides hope in addressing the accounting talent pipeline drought.
·         The top-of-mind issues for finance leaders for this year and into 2025.

Ken Witt, CPA, CGMA, AICPA & CIMA associate director–Management Accounting Research and Development, explains in this JofA podcast episode why finance decision-makers in the first-quarter Business & Industry Economic Outlook Survey are more optimistic now compared with the end of 2023.
Witt summarizes the survey results, including CPA decision-makers’ expectations for revenue and profit increases and the top challenges facing them and their businesses.
What you’ll learn from this episode:
·         A breakdown of sentiment about the domestic economy and CPA decision-makers’ own organizations.
·         Projected increases in revenue and profits for the coming 12 months.
·         The top challenges facing finance executives.
·         The hiring outlook for the coming year and how it differs by company size.

The AICPA & CIMA CFO Conference begins April 24 in Charleston, S.C.
Sandy Sloyer, CPA, CGMA, and Misty Geer, CPA, CGMA are long-time members of the conference planning committee, and they joined the JofA podcast to discuss how priorities have changes for finance leaders over the past few years — and how the conference agenda has been adapted as a result.
Here’s a link to the list of conference sessions.
What you’ll learn from this episode:
·         Attendance options for the April conference.
·         How the conference planning committee adapted to the pandemic era.
·         Key issues facing CFOs and the finance function these days.
·         Agenda highlights, along with some of Geer’s favorite speakers from previous years.
·         Sloyer’s feeling every year when the conference ends.
·         Why the event is for current CFOs and aspiring ones.

Melanie Lauridsen, vice president–Tax Policy & Advocacy for the AICPA, returns as a guest on the JofA podcast to update listeners on the focus areas of tax advocacy.
 
Her team is paying close attention to employee retention credit claims, beneficial ownership information (BOI) reporting requirements, and IRS contingency plans in the event of a government shutdown.
 
Resources:
January advocacy conversation with Lauridsen on the JofA podcast JofA coverage of the federal court opinion holding the Corporate Transparency Act unconstitutional and the appeal of that court decision Tax Section landing page, with extensive resource library on topics mentioned, including resources specific to the employee retention credit What you’ll learn from this episode:
·         Recent developments related to BOI reporting – who has to file reports and who doesn’t.
·         Why BOI reporting often falls to tax practitioners.
·         The differences between BOI requirements and the customer due diligence rule.
·         Why March 22 is important as it relates to government funding.
·         Lauridsen’s analysis of a tax bill now with a congressional committee.