Minority CPAs: Your Competitive Advantage. Let’s Talk About… The Numbers Minorities in business, professions, and accounting The Disparity Numbers aren’t.

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Presentation transcript:

Minority CPAs: Your Competitive Advantage

Let’s Talk About… The Numbers Minorities in business, professions, and accounting The Disparity Numbers aren’t adding up The Opportunities Changing the landscape

Minorities in U.S. U.S. Census Bureau reports: 50% By 2050, minorities will account for nearly half of U.S. population 100 Million ethnic minorities 1 in 3 residents is a minority

Minorities in Professions

AICPA Minority Report

Minority Owned Businesses

Numbers Don’t Add Up If 1/3 of the faces walking down the streets are reflected in only 8% of a profession, that profession FAILS the clientele it serves. The CPA Journal, A publication of the New York Society of CPAs

Conclusion? If businesses want to be successful in a global marketplace, expand client services, and have the strongest staff leading the way… they need YOU!

Diversity in the Workforce Variety of viewpoints and life experiences Language and communication skills Cultural understanding and acceptance Diversity breeds new approaches, creative solutions

Diverse Workforce = Diverse Clients Your Competitive Advantage Clients want to relate to a company’s employees— appearance, values, etc. Better understand demographics and needs of customers Reach new markets Increase bottom line

Your Options Accounting is strong in every economy Every business, industry, and major corporation needs a CPA

Your Options Forensic Accounting Tax and Financial Planning Industry and Business Education Information Technology and Consulting Government Public Accounting

Plan for Your Future Set a goal of graduating with no less than a 3.25 GPA Build your resume, be active Find a mentor—in and outside of your ethnic group Network—in and outside of your ethnic group Master corporate politics

Plan for Your Future Obstacles will be there Be your best self Continually improve communication skills Seek out challenges YOU control your future