Episode description
Did you know that the folks at the MACPA and the Business Learning Institute spend a significant chunk of their time outside of the state of Maryland? And the reason for it is actually pretty simple: there’s a lot of really important stuff happening in this profession, and very little of it happens exclusively in Maryland!
Since our goal is to help our members become future-ready, we go to wherever the important stuff is happening, learn about it, and bring that knowledge back to Maryland.
And the king of going to where the action is none other than Tom Hood, the CEO of the MACPA and the BLI (and the second most influential person in accounting, according to Accounting Today). He goes everywhere in search of knowledge that will make Maryland CPAs that much more prepared for what’s to come.
That’s why Tom is our guest this week. He has been to some really interesting – and definitely exotic – places this year, and we wanted to find out what he’s learned on these trips that Maryland’s CPAs need to know.
In This Conversation We Cover:
- What Tom has learned in Canada, Bora Bora, and beyond
- The #1 challenge that CPAs face around the globe
- The four T’s: Talent, taxes (standards, laws, and regulations), technology, and transformation
- How we can better engage both newer and older accounting and finance professionals moving forward
5G, Wi-Fi 6, & Our Profession
We’ve seen multiple articles about 5G and Wi-Fi 6 lately, and it looks like something significant is on the horizon.
5G, of course, is the next generation of cellular network technology. It promises speeds that are multitudes faster than the current 4G standard, which could finally help drive the Internet of Things connectivity to “ready for primetime” status. 5G is being rolled out in late 2018 and should see much wider adoption in 2019 and beyond.
Wi-Fi 6, meanwhile, should make its debut in 2019. It promises much higher upload and download speeds, it’ll be able to support 8K video streaming, and it will have a much lower power draw, which means much lower drain on your battery life.
Combined, 5G and Wi-Fi 6 will do some incredible things – if you believe the folks who write about this stuff, anyway. In the article “Next Generation Wireless: What You Need To Know About 5G And Wi-Fi 6,” Paul O’Farrell of Forbes writes:
“Seamless high performance access to information opens up a plethora of opportunity for developing new, never seen before applications: imagine walking into a store and using augmented reality to watch a live demonstration of the product you are pointing to in action, envision self-driving cars on a...