The Nebreaska CPA - October 2018

2 Your Society at Work Board of Directors Retreat & Meeting Held in Ashland Dan Griffiths never saw himself as an accountant; he just “wanted to understand how businesses work and decided that accounting would be a great way to achieve that objective.” Today, Griffiths is a partner at Tanner LLC, a Salt Lake City-based CPA firm with 130 team members, and serves on the AICPA Board of Directors. He’s also a business coach and consultant, facilitating more than 75 leadership retreats each year across a variety of industries. The Nebraska Society of CPAs Board of Directors had the opportunity to hear from Griffiths during its Annual Retreat and Meeting at Mahoney State Park in Ashland on Friday, August 24. “The pace of change continues to accelerate,” said Griffiths. He talked about the importance of developing emerging competencies, including cybersecurity, blockchain, digital leadership, and data analytics. He also discussed trends in the CPA profession, noting that new accounting graduate firm hires have declined by 8,300 since 2014 and that 20 percent of those total new hires were non- accounting graduates. Griffiths described the benefits, challenges, and suggestions for a new pathway to the CPA. Another point of discussion included the importance of embracing and leveraging the cognitive diversity within your organization when making decisions on everything from software and communication tools to new service offerings. Griffiths concluded with an advocacy update, covering professional and occupational licensing, the South Dakota v. Wayfair case, and the ABV credential. Lori Druse, chairman of the Nebraska Board of Public Accountancy and audit managing director of Deloitte in Lincoln, discussed NBPA regulatory issues with the Society Board following Griffiths’ presentation. Following its Board Retreat, the Society Board of Directors, led by Chairman Ryan Parker of Lincoln, met to discuss current issues and receive updates on Society services and activities. The Society Board took the following actions at the meeting:  Approved the Society’s financial reports of June 30, 2018, and July 31, 2018, and 17 membership applications.  Reviewed and approved drafts of the Society’s Audit for the year ending March 31, 2018, as presented by Tom Grafton of Grafton & Associates of Lincoln.  Reviewed a report from Society Vice President Kelly Ebert regarding the status of the Society’s 2018 continuing professional education programs through August.  Approved the 2018 Nominating Committee report as presented by Immediate Past Chairman Michelle Thornburg regarding the Society’s leadership slate for 2018-2019 and forwarded the slate to the entire membership for consideration at the Annual Meeting on November 5, 2018, in La Vista.  Approved the recommendation that Dan Vodvarka of Lincoln be appointed by Gov. Pete Ricketts as a Public Member of the Nebraska Board of Public Accountancy for a four-year Continued on page 3