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the accounting professional - growth & development Alan Nelson IFA SOUTHERN REGIONAL CONFERENCE March 2014. Alan Nelson Biog MD, Nelson Croom Ltd Publisher, accountingcpd.net Member, ACCA SME Committee Chair, ICAEW Practice Assurance Committee. Complaints procedure. CPD. Client money.

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slide1

the accounting professional

- growth & development

Alan Nelson

IFA SOUTHERN REGIONAL CONFERENCE

March 2014

slide2

Alan Nelson Biog

MD, Nelson Croom Ltd

Publisher, accountingcpd.net

Member, ACCA SME Committee

Chair, ICAEW Practice Assurance Committee

slide3

Complaints procedure

CPD

Client money

Basis of fees

What has PAC taught me?

laws regulation & professional standards

client acceptance and disengagement

competence

quality control

Engagement letters

Data protection

Know your client

PII

slide4

Which one is the professional?

....the one that puts the interests of their clients first

slide7

Technicians

Centaurians

Super-technicians

T-shaped

Which accountant are you?

slide8

T

What does it mean?

slide9

Have you had any irregular bowel movements?

Are you experiencing any abdominal discomfort?

slide10

T-shaped accountants are ones that have, on top of their core accounting skills, a span of commercial skills from business understanding to strategic thinking and soft people skills from influencing to leadership

Peter Simons, CIMA

T-shaped

slide11

Business and commercial skills

Management skills

Leadership skills

Interpersonal skills

....to go with the technical knowledge and skills that underpins it all

T-shaped

slide12

Growth

&

Development

slide13

Continuing

Professional

Development

slide14

CPD Definition: Chartered Institute of Personnel and Development

Continuing Professional Development (CPD) is a process by which individuals take control of their own learning and development, by engaging in an on-going process of reflection and action.......

slide15

CPD Definition: Chartered Institute of Personnel and Development

Continuing Professional Development (CPD) is a process by which individuals take control of their own learning and development, by engaging in an on-going process of reflection and action.......

slide16

CPD Definition: Chartered Institute of Personnel and Development

Continuing Professional Development (CPD) is a process by which individuals take control of their own learning and development, by engaging in an on-going process of reflection and action.......

......This process is empowering and exciting and can stimulate people to achieve their aspirations and move towards their dreams.

slide17

Continuing Professional Development (CPD) is a commitment by members to continually update their skills & knowledge in order to remain professionally competent and achieve their true potential.

Royal Institution of Chartered Surveyors

Stay up-to-date and get more from your career.... build or refresh personal effectiveness

IFA

slide18

The danger is that CPD will further compound the superficial notion of professionalism

Fiona Patrick, Journal of Education

slide25

T

What does it mean?

slide26

T

Personal skills

Prof

skills

KPIs

Cost

control

Outsourcing

Planning

Budgeting

SME

Finance

FRS 102

Tax updates

Auto-enrolment

slide27

T

30 hours of CPD

What does it mean?

slide28

Regional conference : 7 hrs

Reading magazine: 6 hrs

Branch Meeting: 1 hrs

Online: 16 hrs

30 hours of CPD

slide30

the accounting professional

- growth & development

Alan Nelson

IFA SOUTHERN REGIONAL CONFERENCE

March 2014