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Posts Tagged ‘Accounting Today’

leading-the-wayMost of us know LinkedIn, the most popular and best social media platform for accountants.  Yet, not very many accountants, accounting professors, accounting students and accounting aficionados use it well.

Would it help to know that the most influential people in accounting (according to Accounting Today) use LinkedIn and are heavy users?  If they have invested serious amounts of time in it, then perhaps so should you.

I use LinkedIn heavily.  Over the past year, I pretty much have shifted my social media efforts from blogging on The Summa to interacting with accounting types through LinkedIn.  So much so, I might be called Mr. LinkedIn amongst accounting professors.  Oh, I think that blogging is still my raison d’être.  But LinkedIn is le futur. [Perhaps I can be called Professor Social Media}

You remember the Accounting Today list of the Top 100 Most Influential People in accounting? Published in September of each year, it is Accounting Today’s attempt to capture what’s happening in the industry.  Look carefully, and you’ll notice that those savvy in digital era and social technologies get the AT nod as to who should be influential.

80 of the T100 Most Influential People use LinkedIn. 53 use it heavily with 500+ connections.  The other 27 have small networks. That’s the scale in online social networks.  Large networks are >2,500. Medium sized network have at least 500 contacts.

I categorize the Top 100 Most influential people into those who made the list primarily for (1) blogging/media, (2) audit firm leadership, (3) consultants and vendors, (4) regulators, (5) association leadership, and (6) lobbyists.

Here is my tally of the T100 Most Influential People who use LinkedIn.  I provide links to the profiles for the heavy users.  You must be signed into LinkedIn to fully see the profiles.

Bloggers. All four who make the T100 list for blogging are on LinkedIn.  Heavy users are Dave Albrecht (The Summa), Paul Caron (Tax Prof Blog) and Rick Telberg (CPA Trendlines).  Caleb Newquist (Going Concern) also uses LI.

Accounting Firm Leadership.  10/14 who make the T100 list due to their accounting firm leadership are on LinkedIn.  Heavy users are Jason Blumer (Blumer & Associates), Jim Bourke (WithumSmith+Brown) , Stephen Chipman (Grant Thornton) and Jody Padar (New Vision CPA Group).  Small LI network users who make the T100 list are Rick Anderson (Moss Adams), Ken Baggett (Cohn Reznick), Joe Echevaria (Deloitte), Tom Marino (CohnReznick), Kris McMasters (CliftonLarsonAllen) and Robert Moritz (PWC).  Echevaria is barely on LI, with a short profile and a network of zero.  What’s the point?

Consultants & Vendors.  40/41 who make the T100 list because of their service to accounting firms/professionals are on LinkedIn.  Heavy users are August Aquila (Aquila Global Advisor), Ron Baker (VeraSage Institute), Gary Boomer (Boomer Consulting), Jim Boomer (Boomer Consulting), David Cieslak (Arxis Technology), Gale Crosley (Crosley+Co.), Chris Frederiksen (The 2020 Group), Michelle Golden (Golden Practices), Jeff Gramlich (CCH Small Firm Services), Angie Grissom (The Rainmaker Consulting Group), Pascal Houillon (Sage North America), Randy Johnston (K2 Enterprises), Rita Keller (Keller Advisors), Allan Koltin (Koltin Consulting Group), Taylor Macdonald (Intacct), Jeff Pawlow (The Growth Partnership), Kevin Robert (Wolters Kluwer Tax & Accounting), Marc Rosenberg (The Rosenberg Associates), Bonnie Buol Ruszczyk (BBR Marketing), Rebecca Ryan (Next Generation Consulting), Joel Sinkin (Transition Advisors), Doug  Sleeter (The Sleeter Group), Brad Smith (Intuit), Jennifer Warawa (Sage North America), Troy Waugh (The Rainmaker Companies), Geni Whitehouse (Even a Nerd Can Be Heard), Sandra Wiley (Boomer Consulting), Jennifer Wilson (ConvergenceCoaching), Joe Woodard (Scaling New Heights) and Diane Yetter (Yetter Tax Consulting).  Other LI users are Erik Asgeirsson (CPA2BIZ), Jon Baron (Thomson Reuters Tax and Acct), Chandra Bhansali (AccountantsWorld), Jim Buttonow (New River Innovation), George Farrah (Bloomberg BNA), Zach Nelson (Netsuite), Jay Nisberg (Jay Nisberg and Associates), Brian Peccarelli (Thomson Reuters Tax and Acct), Terry Putney (Transition Advisors), Jill Ward (Intuit).

Regulators.  Only 5/18 who make the T100 list because of their service as regulators of accounting are on LinkedIn.  Heavy users are Orrin Hatch (U.S. Senate) and Mitt Romney (presidential candidate). Other LI users are Karen Hawkins (IRS), Terri Polley (FAF) and Leslie Seidman (FASB).

Professional Associations.  19/20 who make the T100 list because of their leadership in professional associations are on LinkedIn.  Heavy users are Richard Caturano (AICPA), Richard Chambers (IIA), Calvin Harris (NABA), Marie Hollein (FEI), Tom Hood (MACPA), Erinn Keserica (AAM), Mark Koziel (AICPA), Lana Kupferschmid (NCCPAP), Barry Melancon (AICPA), James Metzler (AICPA), Clarke Price (OSCPA), James Ratley (ACFE), Ralph Thomas (NJSCPA) and Jeffrey Thomson (IMA).  Other LI users are JoAnne Barry (NYSSCPA), Parnell Black (NACVA), Loretta Doon (California Society of CPAs), Edward Karl (AICPA) and John Sharbaugh (Texas Society of CPAs).

Lobbyists.  Two of the three who make the T100 list because of their leadership of important lobbying organizations are on LinkedIn.  Neither Ken Bishop (NASBA) or Cindy Fornelli (Center for Audit Quality) are heavy users.

In the world of accounting, influential leader and LinkedIn go hand in hand.

Debit and credit – – David Albrecht


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On Friday, September 7, Accounting Today released its list of Top 100 Most Influential People in accounting.  All honorees have risen to a level of leadership and responsibility and all wield some sort of influence.

An accounting influencer is a thought leader who communicates those thoughts through a communication channel or from a forum.  In the 21st century, blogging has become the medium of choice for those with influence.

Of the Top 100 most influential people, 26 express themselves via a blog!  Imagine that.  I have queried groups of students, accounting professionals and professors before about blogging.  In no group has more than 1-2% indicated they are bloggers.  Yet, the blogging rate is much higher for those who are influential.  There’s a lesson to be learned here.

Four of the 26 were named to the Top 100 for their blogging activites.  They are:

Bloggers & media

In the following group, three of the 22 only share their thoughts on internal-only blogs.  All supposedly write their own articles on a blog:

Debit and credit – -David Albrecht


Want more of The Summa? Sign up to receive email notification of posts. And please follow me on Twitter (@profalbrecht).

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Pic credit – Accounting Today

On Friday, September 7, Accounting Today released its list of “Top 100 Most Influential People” in accounting.  All honorees have risen to a level of leadership and responsibility and all wield some sort of influence.

The editors of Accounting Today describe the list as a work in process.  As the profession changes, whether due to societal, technological or other factors, they claim the list evolves to capture the contemporary stage of the profession.

As technology grows more important in accounting, we include new IT experts; as new regulatory bodies are formed, we add new regulators; as more Millennials and Gen Ys rise to positions of importance, more of them will appear among the Top 100; as the profession explores more new specialities, we’ll add experts from those fields; and as more women and minorities (hopefully) join the profession, we’ll add more women and minorities.

By my count, 75% of the list is male and 95% is Caucasian.  Although the editors mention change, in broad composition the list is similar to last year when it contained auditors, regulators, vendors, etc.  Change has taken place at the individual level, though.  When some previous members retired, they were replaced on the list by their successors.

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Accounting Today does a lot of things really well, and has for a long time.  I’m adding using its Facebook page to the list.  It is now in the midst of its first contest for Accountant of the Month.  To qualify, you must be the opposite of boring.  As I am uber boring, and aspire to ascend to the level of dull, I shouldn’t enter.  But who knows?  This might be your thing.

First, we’ll take a look at the art:

There are two links to bookmark:

The prizes are cool.  If you win, Accounting Today will give you 15 seconds of fame, a cool caricature, a T-shirt, and free entry to a conference.

I really want the caricature.  What do you think?  Am I cool enough to enter and win the contest some month?

Voting for June’s entries is open until June 26, 2012, and voting has begun.  You will find among the entries:

I’m not going to vote for any of the men dressed in business attire and hawking their professional services.  They are dull and boring.

Vote from the contest page.

Debit and credit – – David Albrecht

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Today is Accountant Day (aka Accounting Day).  In the hopes of coming up with something clever enough to get linked to from Going Concern and RTed on Twitter, I queried a few dozen accounting notables including professors, bloggers, journalists, regulators and Top 100 Most Influential People.

How do you intend to celebrate Accountant Day on November 10?

At least Paul Bahnson (professor at Boise State, Accounting Today columnist, and member of the 2011 Top 100 list) was honest, “I wasn’t even aware that there was any such thing as Accountant Day.”

Denny Beresford, former Chairman of the FASB, is going to work today.  Ugh.  “I’ll be attending the PCAOB Standing Advisory Group meeting in DC in the morning, flying and driving home to Athens, GA in the afternoon, and participating in a corporate board meeting in Seoul, South Korea by phone that evening.”  Denny is still working off the bills from his college toga parties.

Professors Bahnson and Ed Ketz (Penn State professor and Grumpy Old Accountants blogger), like most accountants, really know how to cut lose. Bahnson said, “I’m thinking I might put up an entry in class where the debits don’t equal the credits (on purpose!) just to celebrate.”  Ketz said, “I’m giving an exam on currency forwards, foreign translation, and options as fair value and cash flow hedges.  Should be fun.”

Ed Scribner (accounting department Head at New Mexico State University and  Funniest Accounting Professor in America), has a day long program planned:

  • Dr. John Loveland will be delivering his special address entitled, “Accountants – You Can’t Do Without Them, But I’d Certainly Like to Try.”
  • Dr. David Boje will be telling a story entitled, “Interesting Accountants I Have Known.”  (This session will be brief.)
  • Dr. Carl Enomoto will be explaining why accountants cannot have personality conflicts, by definition.
  • Dr. Janet Green will be presenting favorite bean recipes from the kitchens of HRTM.

Jim Peterson (blogger at re:Balance and audit theorist) will propose new wording for the auditor opinion:

“Having performed such calendar-reading tests as we deemed reasonable in the circumstances, it is our opinion that, in accordance with generally accepted calendar principles, Accountants’ Day is fairly likely to be observed on Thursday, October 10, 2011.

“Third parties are advised, however, that our opinion is intended for use only by those with whom we are in privity, and that they should perform such other or further due diligence as they may require or deem suitable.”

Hey Jim, very funny.

Sam Antar, the most creative accountant of his generation, (as well as convicted felon, former CFO at Crazy Eddie’s and now blogger at White Collar Fraud), says,

I will be giving thanks to Green Mountain Coffee Roasters and its auditors at PricewaterhouseCoopers. Their antics have provided me with fresh materialfor teaching how to find accounting irregularities in plain sight.

The most interesting party plans come from the regulators:  James Kroeker (SEC), Leslie Seidman (FASB), Hans Hoogervorst (IASB).  They chose not to respond to my invitation to comment, so I’m just going to make stuff up.

Hoogervorst suggests that on Accounting Day debits and credits should be optional and used only according to professional judgment.  Seidman exposed the idea of debits and credits switching sides.  Henceforth, credits are now to be located on the left side.  Kroeker is to issue a Convergence Roadmap to a party at his house.

How are you celebrating on this day?  Leave details in the comment section below.

Debit and credit – – David Albrecht

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Yesterday, the Accounting Today released its 2011 list of “Top 100 Most Influential People in Accounting.”  Thanks, AT, for publishing this list.

What does influential mean?  A year ago, I wrote about it in “To Ripple or Not to Ripple.” Influence is in some ways like starting a ripple.

People won’t remember you if your make your own life better.  People will remember you if you help make their lives better.  The first is valueless to anyone else but you.  The second is of great value to the universe.

You will be fortunate indeed if the recipients of your good life in turn make life better for those with whom they come in contact.  If so, you will have started a ripple effect.

In past years, the list has been comprised of four types of professionals.  First are executives of the largest CPA firms.  Second are government officials and regulators.  Third are AICPA executives and key staffers, as well as top officials at the largest state CPA societies.  Fourth are CEOs of large companies that provide software or key services to CPA firms.

Bloggers and commentators to the accounting and auditing industries have not made the list, until last year.  Professors have rarely, if ever, made the list.

Last year, though, one blogger and two blogger combos (influence rooted in traditional sectors, but also a well known blogger) made the list.  This year, there are more.  There are also three accounting professors on this year’s list.

First, I recognize and congratulate the bloggers.

Paul Caron is on both the 2011 and 2010 lists.  He makes the list because of his TaxProf Blog.  AT says, “In seven years, Caron has gone from an upstart exploring social media to one of the most important sources of tax news in any format, with close to three million visitors in 2010.”  Look for Caron to be a permanent fixture of the list.

Caleb Newquist is on the 2011 list.  He makes the list because of his Going Concern blog.  AT says, “You might suspect that we put accounting news blogger Newquist in the T100 list so he’ll stop saying the list is boring–and you wouldn’t necessarily be wrong.  But he’s also here because his Going Concern site has become a major source of news, analysis and inside dirt on the world of public accounting, building a strong community from the trenches of the large audit firms.”  Look for Newquist to be a regular on the list.

Michelle Golden is on the 2011 and 2010 lists because she is an accounting marketing guru, but she is also a popular blogger (Golden Practices).  AT says, “Well regarded for her social media savvy and practice management counsel, Golden’s conference sessions on everything from sales proposals to practice management pack rooms and spark discussions.  She continues the discussion on the blog she established in 2005, now supplemented with insightful tweets to her thousands of followers and a published book on social media strategy.”  She will remain on the list permanently.

Tom Hood has been on the 2011 and 2010 lists (he might have been on in previous years) because he is CEO of the Maryland Association of CPAs.  However, his blogging (CPASuccess) is important.  AT says, “Hood harnesses his vast social media reach to promote new programs, like like the strategic thinking program he co-developed that is now used by the AICPA Leadership Academy, state based CPA leadership programs in Utah and Maryland, and the 16 workships he ran in eight cities to crowd-source ideas about the profession’s future for the AICPA’s forward thinking Horizons 2025 initiative.”  He will be a fixture on the list.

I made the list mostly for blogging on The Summa, and partly for innovative teaching.  Accounting Today, thank you very much.

Professors Paul Miller (University of Colorado at Colorado Springs) and Paul Bahnson (Boise State) made the list for their column in the Accounting Today magazine.  They have written numerous essays against the adoption of IFRS in the United States.

Congratulations to all 100, and especially to the bloggers and professors mentioned here.

Debit and credit – – David Albrecht

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On September 13, 2011, the Accounting Today released its 2011 list of “Top 100 Most Influential People in Accounting.”  Professor David Albrecht (me) made the list.

Thank you very much, AT, for awarding me this tremendous honor.

I made the list mostly for blogging on The Summa, and partly for innovative teaching.

Debit and credit – – David Albrecht

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Last year, the Accounting Today published its list of the Top 100 Most Influential People in [American] Accounting on September 9, 2010.  I don’t know that it ever causes a stir, but we talked about it on AECM.  AECM is the e-mail listserv for accounting professors (with a membership of 750).  We wondered why no one from the academic side of accounting made the list (or ever makes the list, for that matter).  Upon closer examination, it turned out that Frank Ross (Howard U) made the list.  Bob Jensen contacted the editor and suggested the names of 20 academics for the 2011 list.

It’s an interesting question, I think, as to who should qualify to be on the list.  The accounting industry in the U.S. is so large, certainly over 1,000,000.  There are auditors, accountants, thought leaders, professors and students who are all directly part of it.  Then there are those who are indirectly related, such as companies/investors that benefit from using accounting information, businesses that serve the accounting industry, journalists, bloggers, government regulators and even tax collectors.  And what about those Europeans who have their IFRS, FRC and the EC?  And should the person’s contribution be for only the most recent 12 months, recent years, or a lifetime of activity?  And what about fraudsters who influence the accounting industry?

For that matter, what does it mean to be to have been influenced?  I look at the list and I wonder how the honorees influenced me?  I have heard of almost none of them.  Does being influential mean having had an impact?

I’m sure the editorial staff at Accounting Today has grappled with these questions over the years, time and time again.

A short while ago, I was asked who I would say are the most influential.  Here are the people in the accounting world who have influenced me the most in the past year.

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