What’s next for the profession? Foresight initiative makes urgent case for change

After months of in-person roundtables and online conversations, Phase 1 of CPA Canada Foresight: Reimagining the Profession is complete. Learn how the findings will create a new strategic direction for the profession over the next 10 years.

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There’s an urgent case for the accounting profession to embrace change or risk falling behind, losing relevance, and being replaced by competitors.

How does the profession find new ways to measure value beyond financials, harness the power of vast quantities of data to make decisions, and establish new models of governance while continuously equipping CPAs with both core and soft skills?

The way forward

These questions and many more are explored in The Way Forward, a report that presents insights from CPA Canada Foresight: Reimagining the Profession – a six-month consultation process that included in-person roundtables and a digital conversation with over 1,200 members and stakeholders.

Throughout the consultation process, Foresight participants weighed in to create scenarios to identify future directions of the profession in the areas of external reporting, audit and assurance, tax, financial management, and strategy, risk and governance, and employment opportunities and skill sets needed for CPAs to remain industry leaders. The scenarios were refined over a series of cross-Canada workshops and through our digital conversation platform. The insights from these discussions led to the development of The Way Forward.

Read our report The Way Forward.

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SHARE YOUR FEEDBACK

The impetus behind Foresight is the opportunity to connect and share your ideas with a global community of CPAs and stakeholders on our digital platform. Here’s your chance to keep the conversation moving forward. Download your free copy of The Way Forward and visit our to answer a few questions.

STAY IN THE KNOW

Want to learn more about Foresight? Our phase one and digital engagement reports will take you behind the scenes for a closer look at this unique initiative. Learn more about how Foresight started, the critical moments during the consultation process, timelines, and interesting facts and insights.