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Minority CPAs: Your Competitive Advantage in the Accounting Industry

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Discusses the importance of diversity in the workforce, the opportunities for minorities in accounting, and how they can excel in various CPA fields. Learn about the benefits of a diverse team and how to plan for a successful future in the industry.

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Minority CPAs: Your Competitive Advantage in the Accounting Industry

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  1. Minority CPAs Your Competitive Advantage

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

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

  4. Minorities in Professions

  5. AICPA Minority Report

  6. AICPA Minority Report

  7. Minority Owned Businesses

  8. 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

  9. 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!

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

  11. Diverse Workforce = Diverse ClientsYour 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

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

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

  14. 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

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

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