BrunswikSt.’s Post

Wes Bricker shares valuable insights from his career in Accounting and public service, highlighting the importance of trust-building. Throughout his journey, especially in recent years, he's reflected on the crucial role accountants play in society: ✅ Supporting business growth and operations ✅ Providing assurance over financial and non-financial information ✅ Fostering trust in our capital markets #Accounting #TrustInBusiness #FinancialIntegrity https://lnkd.in/eU-mgWRE

In any given scenario, the primary responsibility of a CFO is to ensure the accuracy of the Company’s financial reports, and many are generously compensated to do this…. So, why are there ASX companies presenting financial reports which are later found to be incorrect? Leading Non Executive Director & CFO Magazine A/NZ Boardroom Columnist Jon Brett, shares in his latest column his thoughts and insights on the rise and rise of accounting irregularities! Now online! https://lnkd.in/g-qaWSm2

"I look forward to the day when accountants are innately regarded as decoders of complex problems, arbiters of facts, cultivators of order and solutions, and, ultimately, trust builders." Christina Ho of the Public Company Accounting Oversight Board (PCAOB) provides a great overview of the challenges faced by CPAs as our profession evolves to meet the challenges of the future, particularly as we think about the impact of technology and our roles serving the public trust. https://lnkd.in/dh6vayZ8

If you're a business leader or aspiring business leader who thinks accounting is merely objective numbers I implore you to read this essay. It's a 5-minute read that'll be well worth your time. This essay was inspired by one of my seminar readings 'Financial Accounting: In communicating reality, we construct reality’ by Ruth D. Hines and supported by my 'Accounting in Context' module textbook “Financial accounting Theory” by Craig Deegan and Jeffery Unerman. Special thanks to Fiona Anderson-Gough for her tutelage and continuous investment in her students. Exposing the Hidden Power of Accountants and Demystifying the Role of Financial Reporting Regulation.

Today, we celebrate the unsung heroes who are the backbone of every successful business, Accountants! Your meticulous attention to detail, sharp analytical minds, and unwavering commitment to accuracy don’t just keep the wheels of organizations turning, they provide the foundation for growth, trust, and financial security. Accountants are essential in navigating the complex world of numbers and ensuring that businesses thrive in this dynamic environment. Thank you for: ➡Keeping the numbers in check: You make sense of financial data, ensuring that every transaction is accounted for, every budget is balanced, and every financial report is precise.    ➡Ensuring transparency and integrity: Your work upholds the highest standards of ethics, fostering trust and accountability in the financial world. You’re the guardians of transparency, helping organizations build credibility with investors, regulators, and the public. ➡Guiding financial decisions: Your expertise helps shape the strategic direction of businesses, whether it’s advising on investments, forecasting for future growth, or helping to optimize resources. ➡Supporting business growth: By providing actionable insights and ensuring efficient financial operations, you enable businesses to innovate, expand, and navigate challenges, empowering entrepreneurs to achieve their vision. To all the aspiring accountants out there, this day is a reminder of the immense value you’ll bring to organizations in the future. Whether you're just starting on your path or already well on your way, the impact you will make is astounding. You will help create stability, foster trust, and drive success across industries. Your work may often go unnoticed, but it is never undervalued. Keep pushing forward, embracing challenges, and shaping the financial future of tomorrow. Thank you to all accountants for your dedication and hard work, today and every day! A special shout out to the incredible individuals who continue to make an impact in the accounting and finance world: ALAO, Abiodun, Idris, Shokunbi, Adeyinka, EMMANUEL, Azeez, Priscilla, Oreoluwa, Richard, Qudus, Kudus, Perpetual, Hafsat, Maureen, Musa, Sobur, Idris, Odunola, Moshood, Damilola, Adeniyi, Terhemba, Onyeka, Aniebiet-Abasi, Tomi, Temitope and so many more! 📢 Feel free to shout out to accountants and finance professionals in the comment section! #internationalaccountingday #futureaccountants #accountingmatters #heroes #financialintegrity

This is a shot across the bows of private equity in the UK, as it expands its ownership of the accounting sector. The head of the Financial Reporting Council there says it wants to know in advance if a firm is considering a selling to PE, and it will be examining "economic substance" as well as legal form when it comes to judging if the audit business remains accountant-controlled, as required. This interview, by Simon Foy and Michael O'Dwyer, published on FT.com just as the US Public Company Accounting Oversight Board (PCAOB)'s investor advisory group was meeting in Washington to discuss risks associated with PE ownership of audit firms. Some panellists expressed concern that the structure of many of these deals is opaque. This is an issue that will only become more pressing as the deals keep coming. #privateequity #audit #accounting https://lnkd.in/eK-t7vXn

In any given scenario, the primary responsibility of a CFO is to ensure the accuracy of the Company’s financial reports, and many are generously compensated to do this…. So, why are there ASX companies presenting financial reports which are later found to be incorrect? Leading Non Executive Director & CFO Magazine A/NZ Boardroom Columnist Jon Brett shares in his latest column his thoughts on the rise and rise of accounting irregularities! Now online! https://lnkd.in/gSzfycH8

The accounting profession is in a state of disruption and investment due to the projected abundant future. I really appreciated this thoughtful article from Gale Crosley, CPA, CGMA around "Unpacking the private equity / CPA cultural divide". It provides some great context around the level of change that the accounting profession has been going through and will continue to go through for years to come. #accounting

Discover how the accounting sector is evolving as AICPA's Barry Melancon retires. Learn how we can attract the next generation and support their development with the NPAG's Pipeline Pledge. Join the change! #accounting #news #finance https://lnkd.in/eV8djWHT

During Andree Mohr's panel at Future Proof, she broke down 2 of the most common challenges plaguing accounting firms today: ✅ Succession Planning ✅ Private Equity Fueled Consolidation Revisit Andree's discussion and learn how our CPA Alliance Program is helping overcome these obstacles via Financial Planning.