John Vanore, CPA, MBA

Are you prepared? The FASB indicates that we can expect a new accounting standard that will require companies to provide new disclosures breaking down expenses in areas such as purchases of inventory, employee compensation, depreciation, intangible asset amortization, and depletion. Now is the time to get ahead! I would love to connect to discuss this further. #accountingstandards #FASB #consulting

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😌 𝐌𝐢𝐧𝐝𝐟𝐮𝐥 𝐌𝐨𝐧𝐝𝐚𝐲 😯 Could we be saying goodbye to the 150 hour CPA requirement? What positives would a year in the field bring? Working in the field would allow candidates to apply what they’ve learned, in real-world scenarios, reinforcing their knowledge and skills in accounting and finance for the exam. It would allow candidates to foster connections with industry professionals, which can lead to mentorship and job opportunities post-exam. Candidates would get hands-on experience which would help in understanding industry practices, regulations, and challenges that they might not encounter in a classroom setting. Working in the field helps candidates develop soft skills like communication, teamwork, and problem-solving, which are essential for success in any accounting role. It would boost candidates' confidence in their abilities, making them more effective and assured when they take the CPA exam. This potential change could be very positive for future CPA candidates! ✨ Very mindful, very demure ✨

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Public Accounting professionals often struggle to differentiate themselves when considering a job change. The biggest mistake we see is resumes that read like job descriptions—listing tasks and responsibilities everyone already expects. If you're a tax or audit professional, people know what you do. What they want to know is the impact you've made. Did you save clients money? Increase efficiencies? Mentor staff who’ve since been promoted? Quantify your successes—show percentages, dollar amounts, or outcomes that prove your value. The ability to tell your story and highlight your impact is what will set you apart in today’s competitive marketplace.

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𝐇𝐨𝐰 𝐓𝐨: 𝐏𝐫𝐞𝐩 𝐅𝐨𝐫 𝐓𝐡𝐞 𝐂𝐏𝐀 📝 It's all about the preparation! 1. Understand the Exam Structure ↘ AUD, BEC, FAR, REG 2. Create a Study Plan ↘ Assess your schedule, set goals, and practice the schedule. 3. Choose Study Materials ↘ CPA review courses and supplemental materials. 4. Focus on Understanding, Not Just Memorization ↘ Conceptual understanding and doing plenty of practice questions. 5. Take Practice Exams ↘ Review results and study based on them. 6. Stay Healthy and Manage Stress ↘ Maintain healthy habits! 7. Review and Revise ↘ Review previously covered material to reinforce your knowledge and retain information. 9. Schedule Your Exam ↘ Stay up to date on open exam dates and make sure you're registered correctly. 10. Stay Informed ↘ Keep up with any changes to the exam format or content by checking the AICPA website or other official sources. By following these steps and staying disciplined, you can maximize your chances of passing the CPA exam. Good luck! #passedCPAexam #studyingforCPA #cpaexam

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The Role of the Controller is Evolving in the Digital Age! The world of finance is changing rapidly, and controllers need to adapt to stay ahead of the curve. This article explores 10 digital trends that are transforming controllership. By embracing these trends, controllers can become more strategic and value-driven business partners. Here are a few key takeaways: - Automation is key: Leverage automation to free yourself from tedious tasks and focus on higher-level analysis. - Data is your friend: Develop your data analysis skills to glean valuable insights from financial data. - Embrace new technologies: Stay up-to-date on the latest cloud, blockchain, and artificial intelligence technologies that can improve your efficiency and effectiveness. Are you ready to take your controllership skills to the next level? These digital trends offer exciting opportunities for controllers to make a real impact on their organizations. #controllership #digitaltransformation #finance #accounting #futureofwork # LHH

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Breaking paralysis by analysis changed everything for me. Don't be afraid to be wrong, be afraid of inaction. It feels good to analyze but you need action to get experience. #accountingandfinance #growth #development

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📝 𝐂𝐏𝐀 𝐅𝐢𝐫𝐦 𝐂𝐡𝐚𝐧𝐠𝐞𝐬 🤔 Can we expect the structure of firms to change/evolve soon? The considerations of change within this article, could be very impactful. Hiring non-CPAs, hiring from industry, and hiring non-CPA managers, are just a few ideas, I think, could make a positive impact within CPA firms. What're your thoughts on the structure of CPA firms now vs what they could be? Where could they improve? Where can they remain consistent? ____ this post if... 👍 - you are content with their current structure 👏 - excited about the potential changes 💡 - interested in learning about firms who have started to implement change #cpafirmchanges #accountingevolutions #recruiting

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Reach out to me now! Even if you like you don't need anything today, you might need someone tomorrow! Accounting Today has a clear message for CFOs: The accountant shortage isn't going away anytime soon. 📉 As demand for skilled accountants continues to rise, businesses must rethink their talent strategies to attract and retain top financial professionals. Learn more about the current state of the accounting talent gap and what it means for your business.

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Research shows that 97% of employers believe that soft skills are either as essential or more important than hard skills. For finance executives already in the workforce, soft skills could determine who gets promotions and recommendations.

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After interviewing 2,000+ candidates and meeting with over 400 companies, these 3 traits were common among top financial leaders 👇👇👇 #accountingandfinance #financialleaders #growth

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📈 Just a few recent insights from our recruitment perspective across the 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 𝐚𝐧𝐝 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 space... 1) Noticing an up tick in our clients hiring contractors and FTCs, with some FTC’s being 2 years + 2) Several clients are interested in hiring analysts who also have a strong systems background, and who can deep dive into data 3) Junior accounting professionals are leaving roles roughly around the 18 month mark 4) Many gradate schemes are becoming shorter due to the above reason 📧 [email protected] #insights #accountingandfinance #recruitment #trends #hiring #australia

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Identifying A level talent during an interview process is challenging. If you don't know what to screen for, it comes down to luck. Here are the key skills CFOs need to look for during an interview: 1. Technical Expertise: ASC XXX, Audit Processes, Tax Code Etc 2. Analytical Skills: Financial modeling, Budgeting, Data Analysis/synthesis 3. Strategic Thinking: Business Acumen, Problem-Solving etc 4. Technology Proficiency: ERP System, Excel, Other Critical/Emerging tech. 5. Attention to Detail: Review the resume. Typos or other errors? 6. Continuous Improvement: Where did they over come a knowledge gap? 7. Ethics and Integrity: Key for anyone in finance and accounting. Think about questions that you can ask candidates to assess these key areas. That way, there will be fewer surprises once you make a hire, increase the likely hood of making a successful hire. #finance #accounting #hiring #interviewing

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How tech can help finance leaders enhance the collection and analysis of cross-sectional data which is essential for measuring ESG and achieving long-term goals? CFOs must broaden their mindset from just managing money to working cross-functionally to pave the way for future growth.

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🔥 Breaking Barriers: What CPA Candidates Need to Know About the 150-Hour Rule Becoming a CPA is the gold standard in accounting, but the 150-hour education requirement is holding many aspiring accountants back. Industry leaders like KPMG’s Vice Chair of Talent & Culture, Sandy Torchia, are speaking out. 💬 “If the 150-hour rule had been in place when I was deciding, I wouldn’t have become an accountant,” Torchia shared. The extra cost and time of completing 150 hours (vs. the 120 needed for a bachelor’s degree) is discouraging students from pursuing the profession. Combined with lower starting salaries compared to consulting or finance, this requirement is a big reason for the decline in accounting graduates. ⚠️ Why This Matters for Future CPAs: 🏢 Firms like KPMG and Deloitte are now exploring work-study programs and alternative licensing paths to attract more talent. Early hands-on experience is becoming crucial as AI and advanced tech tools reshape the profession. ❗But the rollout of these alternatives could vary by state. Right now, CPA licenses are easily transferable, but uneven adoption of new rules could complicate interstate recognition. 📌 How to Navigate the CPA Path Amid Change: 💡 Stay Updated: Follow updates from NASBA and AICPA to see how new rules might affect your state. 🎓 Look for Work-Study Programs: Some firms and schools are developing accelerated programs to reduce costs and time. 🖥 Build Tech Skills Early: Tools like Power BI and Alteryx are becoming must-haves—tech-savvy accountants will stand out in this evolving landscape. ✅ Conclusion: Adapt and Thrive Whether the 150-hour rule changes or not, experience and practical skills will remain key. The future of accounting is evolving—make sure you’re ready. 🚀 Considering the CPA path? Now’s the time to explore work-study options and stay informed on licensing changes that could affect your career. Photo by Honey Yanibel Minaya Cruz on Unsplash

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𝐏𝐄 𝐈𝐧𝐯𝐨𝐥𝐯𝐞𝐦𝐞𝐧𝐭 𝐈𝐧 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 𝐅𝐢𝐫𝐦𝐬 What does it mean for you? We're starting to see many CPAs integrate private equity firms. What does that really mean for you? Whether you are an active employee or a candidate interviewing with a firm that is PE backed- you should always try to get more information on the PE. 🤔 Why is it being integrated? 🤔 What is their plan? 🤔 What will my professional future look like while the PE is active? 🤔 What is the end goal? Getting clarification on the PE will help you better understand why your firm is pursing it and what your career will look like during and after its involvement! #pebackedfirms #accounting #recruiting

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Interesting to see how Cloud Accounting software continues to evolve and its benefits

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