Foresight: Reimagining the Profession

Leveraging new opportunities in a time of widespread change requires a significant shift in mindset, skills and positioning on the part of the accounting profession. Learn more about the Foresight Initiative.

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Bringing together regulators, government, and thought leaders from accounting bodies, business, and academia, Foresight began in 2018 with a mission to explore how the drivers of change will impact the future of the Canadian accounting profession. The insights generated informed CPA Canada’s research on data governance, value creation, trust and ethics, and the skills and competencies required for CPAs to thrive in today’s digital world and the future that lies ahead.

“Leveraging new opportunities in a time of widespread change requires a significant shift in mindset, skills and positioning on the part of the accounting profession and individual CPAs” says Gord Beal, the leader of the Foresight project. “Foresight has laid the foundations, now we must continue to explore, experiment and push the boundaries further. The journey continues.”

FORESIGHT, MOVING FORWARD

Foresight inspired a renewed energy and eagerness to advance the profession, developing resources that explore:

  • measuring value beyond financials to capture societal expectations
  • harnessing the power of vast quantities of data to make decisions and establishing new models of governance and decision-making
  • developing new skills and competencies 
  • protecting integrity, trust and ethics

Foresight: The CPA Podcast features interviews with business leaders that have forward-looking perspectives on topics related to the future of the profession. This spring, we will publish a report summarizing the key learnings and insights gained through the Foresight research. Check back on this page for the report.

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