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1 1 1 Social Media for CPA Professionals Student Edition Presented by: Tom Hood, CPA, CITP, CGMA CEO Maryland Association of CPAs Business Learning institute

Social Media for CPA Professionals - Accounting Student Edition

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What are the five things every professional needs to do? Allen Blue, the founder of Linked-In says 1) Learning and Staying on the Cutting Edge; 2) Managing Your Career; 3) Doing the work; 4) Interacting with peers and colleagues; and Becoming a thought leader in your field. Tom Hood shows students examples from the CPA Profession about how social media tools can help jump start their careers in accounting.

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Page 1: Social Media for CPA Professionals - Accounting Student Edition

1 1 1

Social Media for CPA Professionals

Student Edition

Presented by:

Tom Hood, CPA, CITP, CGMA CEO

Maryland Association of CPAs Business Learning institute

Page 2: Social Media for CPA Professionals - Accounting Student Edition

Tom Hood •  Named as fourth Most Influential in

Accounting by Accounting Today Magazine •  Top 150 Influencer by Linked-In •  Top 25 Influencers in Learning & HR by HR

Examiner •  Top 25 Public Accounting Thought Leaders

by CPA Practice Adviser •  Working on Learning Management with

AICPA/CPA2Biz, Cloud Curriculum, Performance Management /XBRL, Leadership & Generations

Tom Hood, CPA, CITP, CGMA CEO MACPA www.macpa.org Business Learning Institute (BLI) www.blionline.org

http://www.linkedin.com/in/tomhood/

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Download today’s slides at … www.SlideShare.net/thoodcpa

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Our research methodology #MBSN

MACPA New Young Professional Network collaborating to identify issues

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Top Seven Issues – 2012 1.  Information overload (including accounting and tax

complexity) 2.  Work / life balance 3.  Generational issues and communications (including

upper management not sharing knowledge with the younger generation)

4.  Developing networking skills 5.  Keeping up with technology -- especially the cloud 6.  Finding career guidance 7.  Understanding social media benefits

CPA Success blog post http://cpa.tc/1ef

Page 6: Social Media for CPA Professionals - Accounting Student Edition

Five  Things  Every  Professional  Needs  to  be  Good  At  

1.  Learning  and  staying  on  the  cu>ng  edge.  2.  Managing  your  career  (yep,  you  have  to  

take  charge  of  your  own  career).  3.  Doing  the  work  (research,  producIvity,  

communicaIon).  4.  InteracIng  with  your  peers  and  

colleagues.  5.  Becoming  a  thought  leader  in  your  field.      

 -­‐  Allen  Blue  co-­‐founder  Linked-­‐In  hQp://lnkd.in/HghTcX  

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Keeping Up With Technology

http://www.macpa.org/blog/category/6/technology-social-media

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MACPA’s Journey

Tom Bill

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34

MACPA’s Social Media Map

82,027 views

80,568 views

450 members 3,570 followers

1,251 connections

450 connections

Top 50 Business Blogs - 2011

Top Accounting Blogs – 2009, 2010, 2011

Page 10: Social Media for CPA Professionals - Accounting Student Edition

Why  is  Twi)er  important?  

Bill  Sheridan,  CAE  The  Business  Learning  Ins?tute  

1.  InformaIon  2.  CiIzen  journalism  3.  Customer  service  4.  CommunicaIon  /  

collaboraIon  

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Case  Studies  On  the  Cover  of  a  Magazine?  

•  BCG  &  Company  –  blogs,  twiQer  •  Naden/Lean  –  blogs,  twiQer  •  James  Carroll  –  facebook,  twiQer  •  Morris  &  D’Angelo  

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Thought  Leadership  

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35

Social  Media  Engages  &  Shares  Insights  

The  twiQer  stream  from  AICPA  Leadership  Academy  

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Social  Media  connects  us  to  thought  leaders  

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Real  Time  Focus  Group  

Example  of  using  TwiQer  to  get  immediate  real  Ime  feedback  for  this  preso  

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Advice  for  today  

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The  MarrioQ  Story  

“Bill’s  blog  makes  me  feel  connected  to  the  organiza7on  in  a  way  I  had  not  felt  before.  I  feel  more  informed  and  closer  to  the  organiza7on  than  ever  before.”  –  from  a  MarrioQ  Finance  Team  member  during  an  MACPA  Professional  Issues  update  at  their  HQ  in  Bethesda,  MD  ].  

What  if  you  could  keep  your  organizaIon  informed  and  inspired  by  your  thoughts?  

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Three  authors  ReTweeted  this  blog  post  which  menIoned  their  books…  

hQp://www.cpasuccess.com/2012/01/the-­‐top-­‐ten-­‐business-­‐books-­‐of-­‐2011.html    

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Featured  our  blog  post  

http://dld.bz/agc8f

The  post  was  even  featured  in  an  accounIng  educator’s  “daily”  distributed  to  his  followers.  

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Social  Media  to  engage  &  connect  at  the  NE  CPE  conference  

Another  example  of  using  social  media  to  engage  a  broader  audience.  In  this  case  I  used  twiQer  to  get  feedback  from  CPAs  about  the  use  of  social  media  in  learning.    It  also  informed  CPAs  about  the  NE  CPE  Conference  so  they  “heard”  that  we  were  working  hard  to  improve  the  learning  for  them.      The  followed  up  with  a  blog  post  about  the  event  and  got  more  engagement  with  comments  from  the  group.      

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TwiQer  during  the  event,  slideshare  &  blog  post-­‐event  

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It’s  Bigger  Than  You  Think  –  Social  OrganizaIons  

From:                To:  Hierarchy            Network  Command  &  Control    Connect  &  Collaborate  Experience  Curve        CollaboraIon  Curve  Lecturer              Facilitator  Push                Pull  

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“In  a  period  of  rapid  change  and  increasing  complexity,  the  winners  are  going  to  be  the  people  who  can  LEARN  faster  than  the  rate  of  CHANGE  and  faster  than  their  COMPETITION.”  

-­‐  Tom  Hood,  CPA.CITP.CGMA  7/15/13   T  

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Why  students  should  care  about  Social  Media  

“In-­‐forming  is  the  individual  person's  analog  to  open-­‐sourcing,  outsourcing,  insourcing,  supply-­‐chaining,  and  offshoring.  Informing  is  the  ability  to  build  and  supply  your  own  personal  supply  chain—a  supply  chain  of  informa?on,  knowledge,  and  entertainment.  In-­‐forming  is  about  self-­‐collabora?on—becoming  your  own  self-­‐directed  and  self-­‐empowered  researcher,  editor,  and  selector  of  entertainment.  

             –  Thomas  Friedman  

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Tom Hood, CPA.CITP CEO Maryland Association of CPAs Business Learning Institute (443) 632-2301 E-mail [email protected] Web http://www.macpa.org Blog http://www.cpasuccess.com  

Follow me on:

ü  Twitter : http://www.Twitter.com/tomhood

ü  LinkedIn: http://www.linkedin.com/in/tomhood

ü  Facebook: http://www.facebook.com/thoodcpa

ü Google +: https://plus.google.com/104372556333854919205

ü Slideshare: http://www.slideshare.net/thoodcpa

ü Youtube: http://www.youtube.com/thoodcpa

ü Second Life avatar name: Rocky Maddaloni