Not enough partners named Bob or Jim.
— Caleb Newquist
The most important issue confronting
the CPA profession currently is capable
leadership. ... Effective leaders make the
difference between mediocrity and highly
successful practices. — Jay Nisberg
Change is the most important issue, in two
main areas. First, the amount of change to
accounting standards that is imminent ...
and the standard-setting structure in the
United States is another area undergoing change. ... We’re asking fundamental
questions about who should be setting
standards in a way these questions haven’t
been asked since the Wheat Committee established FASB in 1973. — Teresa Polley
Baby Boomer partners’ relentless march
towards retirement, their frustrating inability to develop new younger partners
and the dearth of partner-potential staff at
their firms has created a perfect storm for
CPA firm partner succession.
— Marc Rosenberg
The next decade will be a period of rapid
change and continuous churn for the accounting profession. The industry will exist
in a state of permanent whitewater, requiring new levels of business agility and flexibility. — Brad Smith
Uncertainty created by an uneven economic recovery and continued escalation
in regulatory activity at all levels has significant implications for our clients and
the profession. — John Veihmeyer
Changing demographics will have a huge
impact on the accounting profession, because as a profession our greatest asset is
our people. — James Turley
Next-generation accountants. I don’t think
the profession is evolving fast enough to
meet the needs of future employees or clients. — Geni Whitehouse
It is the landmark changes that are under-way in the tax return preparation industry.
For decades, anyone could hang a shingle
as a tax preparer with little IRS oversight
— until now. — David Williams
To see the complete text of all the T100
candidates’ responses to this question and
the one on page 44, go to Accounting To-day.com.
offering to help accountants grow their businesses and serve their clients better.
Career Highlights: President, Professional, Thomson Reuters Tax & Accounting, 2011-present; president — Americas, Workflow & Service Solutions,
2010-2011; president, Thomson Reuters Tax & Accounting, Professional Software & Services, 2005-
2009; executive vice president, accounting market,
and president and CEO, Creative Solutions, 2004-
2005; president and CEO, Thomson Reuters/Cre-ative Solutions, 1998-2004; vice president of product
development, 1992-1998 ... Vice president of product
development, national customer training and Western regional support, CCH, 1980-1992
Education: Boston University, 1982, MBA ... Siena
College, 1974, BBA Accounting.
Personal: Born 1952, Colchester, Vt. ... Married to
Betsy ... Four children.
Barry has injected some
much-needed energy into
one of the country’s largest
state societies, overhauling
its internal systems and business models, lis-
tening to members and building partnerships
with CPA firms, pushing forward on mobility,
and playing an active role shaping legislation
and keeping members apprised of the results.
All that activity seems to be paying off: Mem-
bership is up for the first time in five years.
Career Highlights: Executive director, New York
State Society of CPAs, 2010-present; deputy execu-
tive director, 2008-2009; managing director of com-
munications, 2006-2008; director, Communications
Division, 1986-1989; assistant director of public rela-
tions, 1981-1986. ... Assistant director of public infor-
mation and publications editor, Hackensack Medi-
cal Center, 1980-1981 ... Public relations assistant,
public relations coordinator, New York City School
Volunteer Program, 1977-1981.
Other Affiliations: Certified Association Executive
... Trustee, AICPA Foundation ... Board member,
New York Chapter, International Association of Business Communicators ... ... Past national chair, AICPA
Public Relations Conference ... Public Relations Society of America ... American Society of Association
Executives ... Board member, Family and Children’s
Education: New School for Social Research, MS ...
Montclair State University, BA.
Personal: Born 1955, Jersey City, N.J. ... Married to
Edward ... Three sons.
The chair of the Senate Finance Committee is a major player in just about any
conversation or legislation
relating to taxes, whether it’s working to repeal onerous 1099 requirements or discussing future business tax rates.
Career Highlights: Chair, Finance Committee, U.S.
Senate, 2007-present, 2001-2003; chair, Joint Committee on Taxation; Environment and Public Works
Committee; senior member, Agriculture Committee; elected, 1978 ... U.S. House of Representatives,
1974-1978 ... Montana State Legislature, 1973-1974
... Executive director and committee coordinator,
Montana Constitutional Convention, 1972 ... Law
Education: Stanford University, 1967, law degree;
Personal: Born 1941, Helena, Mont. ... Divorced ...
As the SEC develops a
work plan for how IFRS
might be incorporated
into U.S. financial reporting, Beswick could rightfully be called the
“Father of Condorsement,” as he was one of
the first to use the term to describe a middle
ground between convergence and endorsement that may well be the way the commission proceeds if it ultimately decides to give
the green light to IFRS.
Career Highlights: Deputy chief accountant, Accounting Group, Securities and Exchange Commission; deputy chief accountant for professional practice, 2008-2009; senior advisor, Office of the Chief
Accountant, 2007 ... Partner, Professional Practice
and Risk Management Group, Ernst & Young.
Other Affiliations: Practice fellow, FASB, 2005-
Education: Miami University, 1994, BS Accounting.
A pioneer in cloud-based
computing, Bhansali has
been unwavering in his
commitment to helping ensure that accountants can offer everything from basic write-up to document management and payroll
services, all comparatively inexpensively
and without the need for installing multiple
Career Highlights: President and co-founder, Accountants World, 1999-present ... President and co-founder, Micro Vision Software Inc., 1986-2002 ...
Manager, Perkin Elmer, 1980-1985.
Other Affiliations: CEO Club ... Will & Vision Foundation ... IEEE ... ACM ... Board of Advisors, Infosys
Education: State University of New York, 1979, Ph. D.
... Indian Institute of Science, 1970, MS ... MBM Engineering College, 1968, BE.
Personal: Born 1947, Jodhpur, India ... Married to
Sharada (co-founder of Accountants World) ... Two
com / @powerpractice
President- and CEO-
Bishop has long been
about mobility, as a key
figure both in the effort to
help CPAs practice across
state lines, and in moving the CPA Exam into
the future, so it’s no surprise that his next
move is to the top — taking over for long-time
NASBA chief David Costello when he retires
at the end of the year.
Career Highlights: President- and CEO-designate,
National Association of State Boards of Accountancy, 2011-present (effective Jan. 1, 2012); executive
vice president, chief operating officer, NASBA, 2010-
present; senior vice president and director, CPA Examination Operations, 2007-2010; past chair, NASBA
Mobility Task Force ... President, Professional Credential Services Inc. (NASBA subsidiary) ... Executive
director, Missouri State Board of Accountancy, 1998-
2006 ... Assistant director, Missouri Department of
Public Safety ... Law enforcement career, including
commander, Missouri Major Case Squad; chief of
police; under-sheriff; undercover narcotics officer.
Other Affiliations: Past member, Board of Examiners, AICPA.
Education: Kennedy School of Government, Harvard University, Executive Program ... University of
Missouri, Master’s in Criminal Justice; Bachelor’s in
Education ... Federal Criminal Justice Academy ...
Missouri State Highway Patrol Academy.
In his 16 years as head of
the world’s largest valuation organization, Black
has seized on the apparently ever-rising demand
for specialty expertise in the areas of litigation and fraud, and built the association into
a behemoth that has trained nearly 18,000
experts in the field.
Career Highlights: Chief executive officer, National
Association of Certified Valuators and Analysts, 2002-
present; president and chief executive officer, 1995-
2002 ... President and chief executive officer, Black &
Isom Associates, 1992-1995 ... Partner, Black/Green
& Co., CPAs, 1989-1992 ... President, Parnell Black &
Associates, 1985-1989 ... Senior program manager,
Amembal & Isom Consulting, 1979-1985.
Other Affiliations: Institute for Credentialing Excellence (formerly known as the National Organization
for Competency Assurance) ... Board advisor, International Association of Consultants, Valuators and