Origins of SBA
The SMALL BUSINESS ANALYSTS SOCIETY OF CANADA was founded in 2020 as the culmination of almost a decade of work to develop the processes and technologies and re-design the practice of public accounting in my own firm. During those efforts, it became clear that the only important asset in our business is human capital, and the knowledge of the people engaged in that practice.
I have learned – and it seems like our profession is beginning to learn that learning and staffing issues are really the only issues. In the US, the AICPA learned by listening to practitioners who repeatedly have told them that finding staff, retaining staff and succession planning are the key issues they face. In the case of their smallest firms, the key issue is “keeping up with changes and complexity of the tax laws”.
These issues stem from an outdated and ineffective training and educational model developed about 35 or 40 years ago in Canada. The world was a different place back then, and the challenges we faced were different.
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