december2022january2023 - 8

FEATURE
New Movement
Advocates for
Major Shift in
Accounting
Profession
By Alina Nikishina
FORMED AND LED by two former honorees of CPA Practice Advisor's " 40
under 40 " and " 20 under 40 " Awards, the Accounting Alchemy Network
(AAN) movement is advocating for a major shift in the accounting profession
by empowering accountants to be a force for positive change in the world.
Ingrid Edstrom and Mathew Heggem founded
AAN as a response to the acknowledgement that
the current financial narratives in our culture
and, by extension, the practices of the accounting
profession are unsustainable. According to
Edstrom and Heggem, accounting professionals
are in a uniquely powerful position to steward
forth a new regenerative story of money and
finance that is not extractive of our planet or
exploitative of our people, leveraging practices
that take into consideration our impact as a
lyceum
[ lahy-see-uhm ]
noun
an institution for popular education providing
discussions, lectures, concerts, etc.
profession on issues like climate change, racial
equity, and intentional economic structures. The
AAN vision is to create a world where accounting
professionals are a positive force in developing
a sustainable and regenerative global ecosystem
and culture.
" Simply and bluntly put - 'business as usual'
practices are not only destroying our planet,
but they're also outdated and need to change if
we want to be financially abundant, attract the
best talent, and provide the best service to the
clients of today, " said Alina Nikishina, an inactive
CPA and one of AAN's leading supporters and
founding members.
" Being a force for positive change in the world "
sounds like a mission that's easy to support, yet
questions remain: Where does one start? How
does one actually do this?
8 DECEMBER 2022/JANUARY 2023 ■ www.CPAPracticeAdvisor.com
" Together, we are building the
playbook for how accountants
and their clients can make
positive change by simply
increasing their awareness of the
key issues facing our world and
using that awareness to make
more intentional decisions on a
daily basis. We don't have all the
answers now, but we have a lot
of brilliant people in our network
who are collaborating to uncover
the problems and create possible
solutions. "
- INGRID EDSTROM
AAN officially opened its doors to founding
members in March 2022 and has already attracted
attention and support from major players and
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december2022january2023

Table of Contents for the Digital Edition of december2022january2023

From the Editor: If I Were the IRS Commissioner...
From the Trenches: Your Firm and Your Providers
New Movement Advocates for Major Shift in Accounting Profession
Could Payroll be a Profit Center for Your Firm?
What's Next for the IRS?
Moving a Business to a Different State
The Leadership Advisor: 6 Tips to Help You Develop & Upskill Your Team
The Labor Law Advisor: Navigating New Marketplace Headwinds
How Businesses Can Prepare for Layoffs, Furloughs, or RIFs
How to Help Your Clients Prepare a Business to Sell
2023 Executive Predictions Year in Review 2022
The Millennial Advisor: When Flipping Burgers Beats Being an Accountant, There's a Problem
6 Tips for Meeting New IRS Information Return Reporting Requirements
The ProAdvisor Spotlight: Intuit Unveils New Product Experiences and Celebrates 25 Years of the ProAdvisor Program at QuickBooks Connect 2022
Your Firm and Your Choices
Unprofitable Startups May Owe 2022 Taxes
Daniel Werfel Nominated as Next IRS Chief
Marketing Your Firm: How Syndicated Content Can Hinder Website Rankings
Marketing Your Firm: Is Podcasting Right for Your Firm?
AICPA News: A round up of recent association news and events.
Bridging the Gap: Creating an Effective Client Intake Process
december2022january2023 - 1
december2022january2023 - 2
december2022january2023 - 3
december2022january2023 - From the Editor: If I Were the IRS Commissioner...
december2022january2023 - 5
december2022january2023 - From the Trenches: Your Firm and Your Providers
december2022january2023 - 7
december2022january2023 - New Movement Advocates for Major Shift in Accounting Profession
december2022january2023 - 9
december2022january2023 - Could Payroll be a Profit Center for Your Firm?
december2022january2023 - 11
december2022january2023 - What's Next for the IRS?
december2022january2023 - 13
december2022january2023 - 14
december2022january2023 - 15
december2022january2023 - Moving a Business to a Different State
december2022january2023 - The Leadership Advisor: 6 Tips to Help You Develop & Upskill Your Team
december2022january2023 - The Labor Law Advisor: Navigating New Marketplace Headwinds
december2022january2023 - 19
december2022january2023 - How Businesses Can Prepare for Layoffs, Furloughs, or RIFs
december2022january2023 - 21
december2022january2023 - How to Help Your Clients Prepare a Business to Sell
december2022january2023 - 23
december2022january2023 - 2023 Executive Predictions Year in Review 2022
december2022january2023 - 25
december2022january2023 - The Millennial Advisor: When Flipping Burgers Beats Being an Accountant, There's a Problem
december2022january2023 - 6 Tips for Meeting New IRS Information Return Reporting Requirements
december2022january2023 - The ProAdvisor Spotlight: Intuit Unveils New Product Experiences and Celebrates 25 Years of the ProAdvisor Program at QuickBooks Connect 2022
december2022january2023 - Your Firm and Your Choices
december2022january2023 - Unprofitable Startups May Owe 2022 Taxes
december2022january2023 - Daniel Werfel Nominated as Next IRS Chief
december2022january2023 - Marketing Your Firm: How Syndicated Content Can Hinder Website Rankings
december2022january2023 - Marketing Your Firm: Is Podcasting Right for Your Firm?
december2022january2023 - AICPA News: A round up of recent association news and events.
december2022january2023 - Bridging the Gap: Creating an Effective Client Intake Process
december2022january2023 - 36
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