Transforming Accounting: How Jody Grunden’s Journey is Redefining the Industry for Young Professionals

“I want to make sure that whatever we create, it's not only conducive for my lifestyle but for my entire team.” – Jody Grunden

The finer details of this episode:

• Transformation of the accounting profession
• Changing perceptions within the accounting industry
• Importance of personal relationships and communication in professional success
• Experiences and challenges faced in public accounting and corporate roles
• Entrepreneurial journey and founding of Summit CPA Group
• Emphasis on work-life balance and flexible work environments
• Adoption of remote work and its impact on company culture
• Need for adaptability and innovation in accounting practices
• Role of soft skills and interpersonal relationships in future accounting careers
• Encouragement for young professionals to embrace change and seek personal development opportunities

Episode resources:

• Summit Virtual CFO by Anders website: https://www.summitcpa.net/
• Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.com
• We’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunities
• Connect with Jody here: https://www.linkedin.com/in/jodygrunden/
• Check out Summit Virtual CFO by Anders here: https://www.summitcpa.net/

Timestamps:

Welcome to the Young CPA Success Show (00:00:00)

Introduction to the podcast aimed at guiding young accounting professionals in their careers.

Changing Perceptions in Accounting (00:00:23)

Discussion about the importance of altering how the world perceives accounting.

Jody's Journey in Accounting (00:01:23)

Jody shares his background, from studying finance to discovering his passion for accounting.

Experiences in Public Accounting (00:02:35)

Jody recounts his challenging experiences in public accounting and the toll it took on him.

Transition to Corporate World (00:04:09)

Jody describes his shift from public accounting to corporate roles and initial enjoyment.

Starting an Entrepreneurial Journey (00:05:38)

Jody discusses leaving corporate life to run a small CPA firm and its challenges.

Creating Summit CFO (00:07:14)

Jody details the founding of Summit CFO, focusing on innovative practices and culture.

Changing the Way Accounting Works (00:08:42)

Jody emphasizes his goal to transform accounting practices for better work-life balance.

Pioneering New Accounting Practices (00:10:14)

Recognition of Jody as a pioneer in innovative accounting practices and culture.

Overcoming Obstacles in Accounting (00:12:01)

Discussion on turning challenges into opportunities and embracing change in the industry.

Building Team Culture (00:14:00)

The importance of intentional team culture and communication in remote work environments.

Risk and Change in Accounting (00:15:02)

Challenges accountants face with risk and change, and the need for adaptable team members.

Here are the extracted timestamps and their corresponding titles from the podcast episode transcription segment:

Going Remote: The Decision (00:15:42)

Discussion on the decision to go fully remote and initial reactions from the team.

Stand-Up Meetings and Culture (00:16:36)

Overview of stand-up meetings, starting with jokes, and fostering a collaborative culture.

Initial Resistance to Remote Work (00:17:14)

Team members express concerns about remote work; only one person agrees to the ide