New skills for a new world.The American Institute of CPAs business and industry executive committee (BIEC BIEC Bahrain International Exhibition Centre BIEC Beverage Industry Environment Council (Australia) ) professional development subcommittee sub·com·mit·tee n. A subordinate committee composed of members appointed from a main committee. subcommittee Noun published an invitation to comment, the AICPA AICPA See American Institute of Certified Public Accountants (AICPA). Competency COMPETENCY, evidence. The legal fitness or ability of a witness to be heard on the trial of a cause. This term is also applied to written or other evidence which may be legally given on such trial, as, depositions, letters, account-books, and the like. 2. Model for the New Finance Professional (final beta version A pre-shipping release of hardware or software that has gone through alpha test. A beta version of software is supposed to be very close to the final product, but, in practice, it is more a way of getting users to test the software in the first place under real conditions. 1.2). Designed to help CPAs in business and industry assume more strategic roles in their organizations, the document lists competencies in four basic categories: personal attributes, leadership qualities, broad business perspective and functional expertise. "The document emphasizes the broad approach to competencies," Sandra E. Sloyer, a member of the BIEC professional development subcommittee, told the Journal. "It highlights many different competencies expected from CPAs." In fact, it says, "As finance professionals we have placed far too much emphasis on the technical proficiencies of the CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. rather than on the well-rounded individual with people skills." Most of the document is organized as a table, with descriptions of skills for CPAs at different levels. For example, in the competency area of "best practices," the skill a manager would be expected to have would be to develop and implement "appropriate finance best practices throughout the organization." Flexibility is key "This is not going to be the final model, because as society changes, business changes and thus competencies change as well. We'll have to keep the document fresh continually con·tin·u·al adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. ," said Sloyer. It already has gone through several versions. With this particular version, said Sloyer, the BIEC wants to make sure it's simple to use -- a document the members are comfortable with. This summer, the AICPA plans to announce an "implementation roll-out" of the document, with an assessment tool and competency training. Copies of the invitation to comment (without the skills identified) can be downloaded from AICPA Online (http://www.aicpa.org), or a complete copy can be ordered by calling Emanuela LiMandri at 212-596-6157. The comment period originally ended January 31 but has been extended to February 28. |
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