In a year that has been astonishing for the many and varied ways it can generate bad news, it's nice to be able to highlight a good-news story — and the extraordinary success of the fledgling cannabis industry is definitely one of those.
"It's positive almost every way you look at it — the economy, jobs, medicine, ending illegal markets, even social justice," enthused Andrew Hunzicker, a CPA and CEO and co-founder of Dope CFO, which provides accounting services to cannabis companies, as well as teaching accountants how to serve the burgeoning industry. "I think we will all look back on 2020 and say, 'What a mess of a year' — it's been pretty bleak, but this is a little bit of a bright spot."
In case you are keeping track:
Leaders in accounting: Neither born nor made | Accounting Today
It's an age-old question: Are leaders born, or made? For all too many accounting firms, the answer is neither. They simply happen by default, which may explain why so many leaders aren't actually very good at leading.
In full fairness, this problem is not restricted to the accounting profession. It's true of most businesses (and, some would argue, of society at large), with companies rolling the dice and hoping that the person who was good at doing a particular thing will end up being good at managing others while they do that particular thing under his or her direction.
Lease Accounting Software Market 2024 Increasing Necessity and Demands with Top Companies:
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NABA looks to partner with firms to diversify accounting profession | Accounting Today
The National Association of Black Accountants is hoping to expand its partnerships with accounting firms and corporate America to bring more diversity to the accounting profession.
Frierson credited the work done by past NABA leaders going back to the organization's founding in 1969. "They have done so much for the profession in getting us to this point in 50 years," he said during the Zoom session he shared with Anderson. "I just feel like I cannot personally let them down. I'm here because of them."
Not to change the topic here:
Accounting for Organizational Employment Impact - Harvard Business School Working Knowledge
Organizations create significant positive and negative impacts through their employment practices. This paper builds on the substantial body of research regarding job quality and impact measurement to present a framework for monetized analysis of employment impact.
Critical skills to tackle uncertainty | Accounting Today
Has there ever been more uncertainty related to managing your accounting firm? Any one of the many events challenging your firm by itself would be overwhelming, but one after another. We accountants like boring, but boring is a thing of the past.
Not meant to further depress you, but here is my list of what is undoubtedly keeping you up at night:
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Switching gears, now that we have a general idea of our troubles, the following are the critical characteristics you need to lead and manage through this uncertainty:
Accounting profession linked to economic development | Accounting Today
Accountants can make a significant contribution to the economy at the local, national and global levels, according to a new report from the International Federation of Accountants.
Cebr's analysis looked at the accounting profession in the G20 countries, including each individual country of the European Union. It compiled data from a variety of sources, including the World Bank, the World Economic Forum, and the Organization for Economic Cooperation and Development, to assess the relationships between economic variables and numbers of accountants and PAO members.
Canopy Launches Inaugural "Innovation Summit 2020" for Accounting Professionals Featuring Keynote
This free, two-hour virtual event will focus on the future of the accounting industry and the beneficial tools needed for firm growth
The event will include talks aimed to inspire attendees who are poised to expand their businesses in 2021 and beyond:
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"It's so exciting to be able to share radical ideas and innovation with an audience that is embracing new technology and actively pursuing new ways to expand and better manage their practice," said Jody Padar, The Radical CPA.
Happening on Twitter
LIGHT UP! In every state that had cannabis on the ballot, legalization passed this year! A GREEN SWEEP!… https://t.co/oi0aRC5Xde Leafly (from Worldwide) Wed Nov 04 05:31:15 +0000 2020
NEW: Montana legalized adult-use cannabis! 🎉 🎉 See all #Election2020 cannabis results: https://t.co/eSp0kZ8o4a 🇺🇸 🇺🇸 https://t.co/XPH1IxmXLf Leafly (from Worldwide) Wed Nov 04 05:29:49 +0000 2020
Mississippi approves medical marijuana! 🇺🇸 🇺🇸 🎉 🎉 More cannabis news as it happens ➡️ ➡️ https://t.co/qioSCpfv7V… https://t.co/kuJF0n8o5D Leafly (from Worldwide) Wed Nov 04 03:52:17 +0000 2020
Bay Area community college launches Zoom course on cultivating #Cannabis for home gardeners. The instructor says… https://t.co/GY7E0kXcpH KTVU (from Oakland, CA) Tue Nov 03 05:32:03 +0000 2020
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