The Future of Accounting Qualifications: Brian Hock
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- Опубликовано: 20 июн 2024
- In this episode of the Accounting Influencers Podcast, host Rob Brown welcomes guest Brian Hock, a seasoned accounting professional with expertise in training and certifications. Brian shares his journey from auditing to establishing his own successful training company. He discusses how accounting certifications have changed over the years, driven by evolving standards and the significant influence of technology.
Brian emphasises the role of technology in transforming the accountant's role, particularly in areas such as data utilisation, auditing, and management decision-making. He highlights the need for certifications to adapt to these changes and equip aspiring professionals with the necessary skills to navigate and leverage technology effectively. Brian also reflects on his experience working with talented students preparing for the CPA exam.
Overall, this episode provides valuable insights into the evolving landscape of accounting certifications, the influence of technology, and the challenges and opportunities accounting professionals face in today's interconnected world.
@HOCKinternational
www.hockinternational.com/
hockstream.com/
www.cma720.com/
00:00 - Intro.
01:25 - Change in accounting qualifications
03:13 - Brian's career experience in Russia
06:12 - Impact of Political Factors on Accounting
10:38 - Are today's accounting certifications fit for purpose?
17:55 - Competition between Certifications
20:27 - Value of Certification
22:24 - Role & Impact of Technology
24:32 - Accounting's Image Problems
27:05 - Brian's role in the accounting world
29:04 - Benefits of accounting qualifications
31:23 - Evaluating the effects of change in accounting qualifications
35:38 - Brian's views on case study-based approach exams
37:19 - How does Brian help people?
42:04 - Future of Accounting Qualifications
45:38 - Thank You, and Wrap & Up!
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Развлечения
Perfect discussion with density of knowledge
Great discussion , Hello Brian , I actual understand your commercial language and reasoning. I am an Accountant with BDegree - Finance and CIMA . I heard you clearly , super staff. I am thinking to study CPA and look for a job in USA. Thank you Rob for inviting Brian.
Brian, Hello, glad to see you well! Thanks for interview!
It is my pleasure!
Wow very helpful and insight full.
Excellent discussion.
Great interview
Hello Brian, Im a recent subscriber of hock international from Passkey.
I don't know about other certification exams, but I passed part one and part 2 of the EA exam, and that wasn't easy. There's no way you pass those exams based on memorization. I had to read the material thoroughly in order to understand the questions and answer them. Taxation of businesses was not easy even though it was multiple choice. I wouldn't make the exams harder. Having said this, I will check out the other certifications I've never even heard of, like the CMA.
I'm learning through twice failing the exam that for me, approaching the EA exams seeking to memorize the material is **not** ideal
Congratulations on passing 2 of the there EA Exams!!! I have not yet taken the EA Exam, so I can't comment on its difficulty levels. But, if it was challenging, but passable, that is what we want it to be. The problem with memorizing is that you are not ready for any question that is a little bit different than what you have memorized. And so, when you get those questions that look at the topic from a difference perspective, it is hard to know how to answer unless you understand the topic. This is really a case of it being more efficient to spend more time studying when you study the first time, so you that you do not need to study a second time.
@@brianhock720thank you, Brian!
@@navehhall73I recommend doing the practice exams. Keep doing the questions until you get sick of it. If you don't have a tax background, I would read the material thoroughly. I hope you pass!
@@meypuim2951 great advice! Thank you!
Great learning
It should all be commensurate. I don't mind 5 years of school (I'm actually looking forward to "Woody Plants" class), but that should earn a very handsome salary coming out.
I’m here figuring out who needs a CPA?
Brian do you have CPA reviews (video) courses?
No, CMA
That's the problem with associations who have taken over a market like the CPA in Canada. After my 4 year degree in accounting i had to take a 2 year program that taught me nothing new; however, employers believe the advertising of the CPA and won't hire someone without it. Sadly you waste 25k in tuition after your degree to get a credential that teaches you nothing beyond a degree but is highly valued by employers
If they're changing from bookkeepers to analysts, that should equal more value. More value = more pay. Pay up.
He would make it harder lol... academic puffery. What bulls#@t questions are you going to add? It's an entry level test to become a CPA. It's meant for kids out of college or maybe with a few years of experience. They don't know their hand from their foot and he's saying he wants to see more questions on how they would advise the company. He has the same mentality as every other boomer accountant. He had it soooooo hard and everyone else needs to have it just as hard as he did, but now it needs to be harder. You learn your trade on the job. CPA's go into all sorts of areas. I'm going into audit, but thank goodness they added another 10 questions about estate tax. We don't need more questions, we need more CPAs. This mentality is what is driving young people away.
I don't think you need a master's to become a CPA. I think it's just 150 hrs but not necessarily accounting master's courses.
Law Degree comes out with $120k? That’s false. They come out lower than accountants lol 25:40
These exams are just money grabs