7th December 2021
MGI North America’s Virtual Conference was held on November 18, 2021, and it was a success! The conference format was changed from in-person to virtual due to COVID and thirty-three members gathered via Zoom. Members engaged in lively conversations on topics impacting the accounting industry today.
Joseph Tarasco, Regional Director of MGI North America, welcomed everyone and kicked-off the conference by providing an overview of the agenda. Next, Joe introduced Jeff Vroman and Ed Fahey, Co-Chairs of MGI North America’s Board of Directors. Jeff and Ed discussed the 2021 accomplishments and provided insights and a preview of what members can expect in 2022, including an overview of the annual strategic plan.
MGI NA’s newest member, Dan Geltrude, Managing Partner of Geltrude & Company, addressed the group and provided an engaging presentation. Dan provided an overview of the history of his firm and background into his philosophy and strategic initiatives. Maxine Brock, MGI Worldwide’s Marketing Director, presented growth and marketing strategies, the Member Enhancement Program, and an overview of the ongoing marketing Zoom calls. Several members cited examples of how they have engaged with and benefitted from the marketing support that MGI provides to members.
The afternoon roundtable sessions were comprised of three breakout rooms for discussions about the most pressing issues in the accounting profession today. The topics included:
- Tax and A&A
- Focus on Diversity
- Professional Staff Performance Structures
- Ongoing Professional Development and Clear Paths to Advancement
- Participative and Transparent Firm Vision
- Strategies to Engage Staff
The second roundtable session was a follow-up to the November 4 Practice Management Conference, “Attracting and Retaining Staff in the Most Challenging Marketplace in the History of Public Accounting.” A wide range of topics were covered, including:
- Future outlook: Where we see our firms five years from now based upon the current staff labor shortage and a remote workforce
- Will the current working environment and labor shortages affect future leadership growth at our firms?
- Creating a succession gap
- How will our firms continue to grow organically in this challenging marketplace for qualified staff?
In addition, during the conference ample time was allocated for members to socialize and network. Everyone enjoyed seeing each other and catching-up via Zoom and we look forward to gathering in-person during 2022!
MGI Worldwide with CPAAI, is a top 20 ranked global accounting network and association with almost 10,000 professionals, accountants and tax experts in some 460 locations in over 100 countries around the world.