Tag Archives: discover

Three Words for 2018? We Got This!

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Over the last week, I have been thinking about 2018. I don’t know about you, but 2018 snuck up on me. One moment I was caught up in the day-to-day of 2017 and the next moment 2018 was just a couple of weeks away! After my initial panic, I thought – well, it’s great because I get to think of my three words. Three words? Well, if you haven’t been on this journey with me before, I shall explain. In 2012, I met and was inspired by Tom Hood and he introduced me to the Three Words approach, which came from Chris Brogan. At the start of every year, now, I sit and think about what three words I would like to guide me through that year. During the year, I come back to those words, to help center, direct and motivate me. Over the last few days, I have thought about how to make this work better for me, and I determined that I must display these words to remind me, even when I am not thinking about being reminded, to move me when I feel stuck and to hold me accountable. I say this in part because, 2017 was a challenging year for me and I found that I often lost track of my guiding lights. Involved in, and sometimes overwhelmed by, the moment, I often forgot to even look for my words. Putting the words everywhere, will go a long way to keeping me mindful of that.

Last year, I started looking back over my year and I have found this to be a great way to assess how things went and to help me set my intentions for 2018. My three words:

Imagine. This is the first word that came to me. During 2017, in part through work and volunteering with the New York State Society of CPAs and the AICPA, I have had some truly new experiences. I have learnt how to play poker and how poker skills can benefit me in the workplace; I have worked with a team to consciously inch towards better health – physically, emotionally, and spiritually – and that has included laughing more and skating in Byrant Park; I have collaborated with incredible people and presented in various spaces, from a national conferences to a college campus. During the year, I have been involved in conversations that have opened my eyes, that have ventured into spaces that are often afraid to even tiptoe into, that have renewed my hope when things have seemed bleak. I have often reminded myself to listen and to hear because that is when I find the moments that hit me hard and that get me to imagine and those moments are incredible. When we imagine, and step outside of what we know, we can find brilliance, we can find understanding and, just as important, we can also see and revise the not so great. In 2018, I want to imagine without fear of where my imagination will lead me. I want to imagine and be okay with when what I imagine doesn’t always work out. I also want to make sure that I make the time and space for my imagination. Back in 2015, I tried to create space for me to be bored, which is a big part of creating the space for imagination and, as the exercise stated, brilliance. It did free my mind in great ways and, looking back and looking at now, I know I need a lot more boredom in my life. And I still haven’t finished my Starry Night jigsaw puzzle!

Innovate. During 2017, I listened and took part in conversations about change. The conversations were about artificial intelligence (AI) about blockchain (and cryptocurrencies, like Bitcoin) and about cybersecurity. Other conversations were about what diversity, inclusion, and belonging mean and if and why it is important. We had conversations about what to do about all the change happening in our professions, in our world and in our lives. We talked about how we react to it and how we can embrace, be ahead of and even create greatness out of all the change. Beyond the conversations, we brainstormed and tried new things. We looked at the new approaches other took and ran with them. I spend a lot of time looking at challenges and how, sometimes, people take the same approach to resolving them and see minuscule results. As much as we tout how “change is good”, it is a human thing to resist changing the status quo. During this year, I want to innovate. I want to collaborate and brainstorm and determine to try something new. I want to embrace the difficult conversations, appreciate and improve upon feedback and, on my part, provide truly constructive feedback. I want to remember the power of synergy and never forget that the best innovations come through a community of people sharing, listening and taking risks.

Act. My third word came to me after I wrote and thought about my 2017 look back. When it comes to training, I have established and go with what gets me to success. If I have a race, I print up a daily timetable that includes rest days, cross training days and exactly what I shall do on each day (distance, goals, tempos if needed). The night before every training, I put out exactly what I am going to wear on the day and I determine my route. I think about and take away all my excuses so that, when I wake up, I just do exactly as planned and that gets me a step closer to where I need to go. I keep my schedule on the wall and tick off each day as I go along. During 2017, I often did not apply this approach. As a result, especially where I felt the stakes were high, I became adept at getting cold feet, at second-guessing myself and at putting things off until I decided it was too late to do them. There are many reasons why this happened but knowing the reasons and doing nothing about them is not helpful. I am going to do more acting in 2018. To help me do this, I am going to find the ways to take away my excuses, and I am also going to be more realistic about what I can get done, so that I don’t end up doing many things in a mediocre manner that only serves to disappoint me and others. I also must remember to be kinder to myself when I act and to see the power in action. I must remember that it is through action that I can bring value and have impact.

Before diving into 2018, I want to take a moment and meditate upon my previous three words:

2013 – Change, Discover & Motivate
2014 – Transform, Pursue & Collaborate
2015 – Receptive, Synergy & Service
2016 – Learn Fear & Community
2017 – Embrace, Persevere & Monchu

Several years ago, I went to Hawaii with friends and decided to take surfing lessons. I was a couple of months out of surgery and hesitated before I went out – I wasn’t at full strength, everyone else was going on a fun outing and I would be doing this solo, as no one else was interested. But, I had been thinking about taking a surfing lesson and I had told my surfing neighbor (who ultimately became my husband) that I was going to take a lesson and that made me feel accountable. During the lesson, I fell countless times, I scraped my knee and sometimes even got to the point where I was able to ride a wave while kneeling on the board. Then, I stood, and rode, and didn’t fall off. It was glorious and totally worth every fall, and the skin missing from my leg. When I finally fell off the board, I rose out of the water with a victorious yell! It is this that I must remember – it is a journey but it can only happen if I Imagine, Innovate AND Act.

Happy and wordy 2018 to you! Please share with me – what are your words for 2018?

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2015! Three Years, Three Words…

James Petrozzello

James Petrozzello

Three years ago, I was inspired by Tom Hood, by way of Chris Brogan. As someone who gave up on New Year’s resolutions years ago, partly because I was not very good at keeping them, partly because I would change my mind about them and partly because I would often lose track of where I had written them down, I found power in the concept of Three Words. I embraced the magic and power of three during my lessons in Latin and in rhetoric. I have found my three words a great theme song that plays in my head throughout the year. They pop up in conversations, in my planning and often at unexpected, random moments. And this year, the magical and powerful three are Receptive, Synergy, and Service.

Receptive: This year, for Christmas, I gave my husband a Bluetooth headset. Ever since I came across my first Bluetooth headset, I have hated those things. People walk around with those things constantly plugged in an ear and it always seems to me that they are only giving you a small piece of their attention and are, essentially, waiting for something more interesting and important to beep in their ear. I have often felt as though people wear the headsets to make themselves feel important and busy. Around Christmas, when my husband mentioned that he wanted one, I started thinking about the Bluetooth headset in a different way. He spends a lot of time travelling and alone in an office. It makes sense that, should he wish to answer the phone, it would make sense to be able to do this and still be able to use both his hands. He has promised to put it in his ear only when he needs it and to not wear it when we are together. Beyond me and my relationship with the Bluetooth headset, I am realizing more and more, how essential it is to success and happiness to be receptive to new (and old) concepts and ideas. At work and as a part of the various boards and committees that I serve on, I have discovered how essential it is to listen to the opinions of others and process them before concluding how I feel about a situation or idea. At times, the ideas of others are better than anything that I had considered; other times, after taking their opinions into consideration, we can come up with a great plan or compromise. In order to continue the spirit of my words from last year, Transform, Pursue and Collaborate, being receptive is key.

Synergy: Last year, one of my words was collaborate. There is the saying, no man is an island, and I have found it to be true. I have lived and learnt in many places and my world and experiences have been touched by an incredible spectrum of people. All this has contributed to who and what I am today. Collaboration is so very much of getting things done but, this year, I want to hone in on synergy. I want to really think about the wonderful notion of how one plus one can equal more than two (sometimes significantly so). So collaboration will not be solely for the purpose of doing things together; to do this without thinking about how to best leverage the power of collaboration can be wasteful, frustrating and diminish the contributions of each party. I want to be mindful of the concept of synergy and ask myself, often, how can we do this so that what we achieve together is greater than what we could achieve acting alone.

Service: I have talked before about the CPA’s obligation to “serve the public trust, honor the public interest, and demonstrate a commitment to professionalism.” As a forensic CPA, this is a very important aspect of our profession. Often there are pressures upon us and, it is at times like this, that it is necessary to act with integrity, in order to honor our obligation to the public and to our profession. As a member of various committees of my State Society of CPAs and the American Institute of CPAs, and as I prepare to take over the presidency of our chapter, I, along with my fellow members must always keep in mind that our goal is to serve the public, our members and our profession with the work that we do.

A couple of years ago, my husband, James, and I traveled to Berlin for a wedding. I had often told him how much I love karaoke and so, when we heard about Bearpit Karaoke, we had to find it. The place was packed and the singers were excellent. My husband encouraged me to put my name down to sing. After hearing the caliber of singers, and after seeing how many people were in attendance (a dauntingly large crowd), I hesitated and tried to make excuses. He finally convinced me and I put my name on a long list. I was told that I probably would not get a chance to sing as many people were ahead of me and they were shutting down soon. I was pretty okay with that – it was enough for me to have been part of the crowd and to almost get a chance to sing. At six o’clock, the time the karaoke was to end, we were just walking away when I heard my name being called. I was nervous and James whipped out his camera. As I got onto the stage and introduced myself and the song I had chosen, Fame, an old man in the crowd caught my eye and gave me a thumbs up. As I sang, the crowd joined in for the chorus and a little kid ambled onto the stage. When I had moments of panic, I looked at him and took courage from his cute face, gazing up at me. Because I chose to be receptive to the idea of singing in front of this crowd, I found that I added a joy to our day that was magnified by our coming together in happiness. And, of course, what a gift and public service this Bearpit Karaoke is. If you are in Berlin, go and get yourself some joy.

The spirit of my words
From 2013: Change, Discover and Motivate
From 2014: Transform, Pursue and Collaborate
carry on and to that spirit I add my three for 2015
Receptive, Synergy and Service.

What are your three words will bring you magic and power this year?

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Ask, Ask and Ask Again…

James Petrozzello

James Petrozzello

When I was a kid, I asked a lot of questions. Okay, I still ask a lot of questions, but, apparently, back then I really maxed out on the question asking. An aunt once said, “Everything is what, why, where, how! Don’t you know how to say a sentence that’s not a question?” I didn’t see what was wrong with that – how else was I to know the answers to the questions in my head if I did not ask them out loud? But one day someone said to me, “Hey, be careful with all those questions. Don’t you know that curiosity killed the cat?”

Well, no, I did not but that question raised a whole lot of other questions. How did the cat get killed? What was the cat curious about? What did it have to do with me? I had seen many cats in my life as, for example, my grandmother had several. However, I had never seen a cat that seemed particularly curious about anything. I did know enough to recognize, from the tone of voice, that this person did not want me asking any more questions, so the mystery of the cat’s curiosity and its ensuing death remained.

Curiosity killed the cat. This is what I have figured out since then. Do you know who says that? People who don’t want to be questioned. Do you know what kind of people those are? Those are people who are either:

  • People with huge egos who think they are too good at what they do to be questioned; or
  • People who don’t know what they’re doing and don’t want other people to know that; or
  • People who don’t want you to know what they are doing.

All three types of people are dangerous in their own ways.

The first group of people, the big egos, can be difficult to deal with, especially if those people are your supervisors. Somehow you have to convince the egos that it is in their best interest to have a check. The easy route is to become an enabler to the supervisor and to keep your head down and do as you are told. What should keep you from doing that is the thought of the consequences of your silence. Remember that usually the mistakes of people in positions of power tend to have large and far-reaching effects. Sometimes people have been doing their work for many years and believe that they are so good at what they do that no one can tell them better. You just have to find a diplomatic way of asking your questions. You know what, just because you are asking it doesn’t mean that something is wrong, it may just mean that you want to know more about what is going on.

When I worked in audit, I remember being told, a few times, to audit a section of a client’s books by following “last year’s audit papers”. I would read the work papers and sometimes I would have questions about why a particular step was taken. There were occasions when, probably because of time pressures, the audit manager would tell me to just do the work. Now, I am not saying that these managers did not know what they were doing but I will say that their reactions sure made it look as though they did not know what they were doing. As a person who feels that there are too  few hours in a day to waste them doing work for no good reason, I would insist that my questions, about why I had to do something, were answered. At times the explanations made sense and I was able to a better job, knowing what I was doing and why I was doing it. On other occasions, the conversations led to our tweaking the audit approach in order to better achieve our goal. There are times when I ask what people are doing and why they are doing it and they can’t give a reason beyond, “this is what they told me to do, so I’m doing it.” Again, talking through the work with them tends to result in work being performed at a higher level because now the people know why are doing something so they know what to look for and what results to aim for.

The last group of people, the ones who don’t want you to know what they are doing, are the slickest group of all. Their whole approach is to either make you feel as though your questions have been answered or that the explanations are so complicated that you couldn’t possibly understand. They work very hard to keep you from getting answers to their questions. Some employ the tactic of being so scary and standoffish that you don’t even want to ask them how their weekend was, let alone what they are doing and why. Others try to make their work sound super complicated and they scramble your brains with fancy words and technical terms until you say “oh right, okay” and wander off, hoping that you didn’t look too stupid in the conversation. They could also make their work sound so boring that you start to fall asleep in the middle of the second sentence of their explanation, and leave them to do what you couldn’t possibly stay awake long enough to care about. People like this are one of the reasons why frauds can go on for months or even years. They become so practiced at deception and avoiding being properly questioned about their work, that they can just keep on doing what they have been doing with virtually no fear of being caught. Their ideal environment is one where no one is asking questions.

I like to ask questions. When I am at work, one of the biggest reasons I ask questions is to help me do a better job. All too often, questions are not asked and a task ends up being performed several times over. There are times when I ask questions and I end up finding out about documents or other information that make my work much simpler. Also, I love it when I ask questions and I find out that the work has already been done, the information is available and I have time to tackle a new, unresolved issue. Don’t be afraid to ask, and ask, and ask. Your questions could make your work more productive, uncover fraud or error or just make life more interesting because you have learned something new. And, please, don’t sentence a child to years of fruitless wondering about a cat’s curiosity. Please.

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In My Time…

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I have known my mother all my life so, at this point, I should not be surprised by anything she does. Yet, just about every time we spend time together, which is nowhere near as much as I would like, she tends to both surprise and impress me. This time it was as we were driving her to our home from the airport. She had been visiting my brother and was now chatting on the phone with a college friend of hers who lives in Connecticut. We overheard her congratulate him on his new job. “I saw the news on LinkedIn,” she explained to him. LinkedIn! I knew my mother had a LinkedIn profile but I had no idea that my mother actually used LinkedIn. After she got off the phone we quizzed her about her LinkedIn use and discovered that she is quite active in social media. It got me thinking about a piece I wrote on social media: Use Social Media, Don’t Let It Use You.

My mother is an amazing example of this maxim and she did not even need an AICPA Forensic and Valuation Services conference to understand the power and usefulness of social media. My mother is active on LinkedIn and on Facebook, making checking on these sites part of her daily routine. She has perfected her routine so that social media does not become a time suck. She is in and out before we realize it and yet, she comes away with knowledge about what her connections are up to and she has also interacted with several people in her network. Often, she uses YouTube to learn more about taking care of her orchids, a big passion of hers. I have heard my mother recommend that others seek information from various social media sources, telling them how helpful those resources have been for her. Taking her own advice, while she was visiting with us, she created a profile on Pinterest to help easily expand her access to knitting and crochet projects, she explored Instagram and became curious about Twitter.

What makes her embrace of social media  all the more surprising, for me, is that, for the last ten years, my mother is a farmer who lives just outside Gweru, the fifth largest city in Zimbabwe. Because she is out of the city, her access to fast and reliable internet can be challenging. In addition to this. my mother tended to use her computer as a fancy calculator and word processor. Now she uses Dropbox to store her large files in an easily accessible space and shares files quickly and efficiently, like a pro. When she sees someone using social media in a way she has not yet discovered, she asks questions, takes instructions and uses what she has learned. She has told me that she used to be afraid that something would go wrong and that she might break something by pressing the incorrect button. However, she has now found that it is sometimes fun to mess up and it is simpler than she imagined to rectify an error. An added bonus is that, at times, messing up can help her find a new and improved way to use social media.

During her visit, my mother would start many stories with the words, “in my time”. She would exclaim about how things have changed and, though she had happy memories about those days, she was also always willing to have new experiences. “I used to think, what can the internet and all this technology really do for me at this point,” she told me, “but now I see that there are so many things I can do better and faster and more easily. I can find so many things and I can learn about anything!” My mother has inspired me to continue my explorations in social media, while keeping in mind the first rule of social media, “don’ t say anything you wouldn’t say to your mother” because, in my case, my mother may very well be taking note. We are both seeing that this too is our time and we are making the most of it.

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2014…. New Year, Three Words

ImageLast year was the first year that I officially gave my year a theme song, so to speak. Via Tom Hood, social media, learning and sticky note aficionado, I learned about Chris Brogan and the concept of Three Words. When I studied Latin, in high school, we were taught about the magic of the number three – fewer than three can seem too little and more than three can feel like too much. Three is a number that just works. Veni, Vidi, Vici. Signed, Sealed, Delivered. And my words – Transform, Pursue, Collaborate.

Transform: On the Saturday before Superbowl in 2011, I went to the emergency room with a stomach ache. Who lives that life? The life where your stomach packs in before the party even begins. My then boyfriend and I were about to have our first Superbowl Party – the themed cake had been ordered, we were due to pick up our 6-foot long sandwich and the guests were coming. Instead I ended up spending that Sunday and a few more days in a hospital room. While I was there, my aunt came to visit and brought me a beautiful flowering plant. I brought it home, the flowers died and all that remained were the leaves.

As 2013 neared its end, my now husband and I talked about making big changes to our lives, to our work, to our play. Sometimes we find our lives take unexpected turns, sometimes we get busy and never get around to recalibrating and sometimes we lose track of our wants and desires. We decided that we were going to dedicate ourselves to rediscovering our loves and transforming our lives accordingly. This morning, on New Year’s Day, I awoke to find a flower blooming on the hospital plant. Three years of nothing but leaves, but it seems my plant has decided to transform as well.

Pursue: Sometimes there is nothing scarier than a goal. What happens if you don’t attain it? No one wants to be a failure; failure sucks. This fear of failure is incredibly good at keeping us in a state of atrophy, a comfort zone of sameness. This fear of failure can keep us from evolving and it can keep us from fulfilling our goals. In November 2013, I ran the New York Marathon. Watching runners pass my block as they ran the New York Marathon is the reason that I started running distances further than three miles. Back then and since, there have been many moments when I have wondered whether or not I could run 26.2 miles. Several years in a row, I would start training for the marathon and experience a setback that kept me from running the marathon. During the heatwave of 2013, I found myself unable to make it through 12 miles and I was convinced that there was no way I would make it through 26.2. And with all of that going on, I still aspired to run a Boston Marathon qualifying time of 3 hours and 45 minutes. I set this goal, even though the only other marathon I had run, in 2008, I had run in 4 hours and 50 minutes. In 2013, I did get to run the New York Marathon and it was one of the most incredible experiences of my life. I ran the New York Marathon in 3 hours and 51 minutes, short of my 3:45 goal and it was still amazing. Though I did not attain my 3:45 goal, I found that I achieved many things I did not even know I was aiming for. More than anything, I discovered how wonderful it is to have goals and to pursue them. Even if things don’t turn out the way you hope, you tend to end up with things turning out in fantastic new ways that you may not have imagined. In 2014, I plan to pursue goals and dreams – I may not pursue them fearlessly but I plan to persevere, even through fear.

Collaborate: Nothing that I do of any substance can I say I have done alone. There is invariably a support team of one kind or another. I have people that believe that I can and I have people that will help do what I cannot. I have people who will speak sense to me when I am being irrational and I have people who will urge me to be crazy when I am being too rational. I have strangers who smile and give me support and I have friends and family who do the same. It is easy to take this for granted and to perhaps believe that I can be a one-woman superhero. I plan to remain mindful of the power of synergy, the strength of the network and the force of the team.

Last year my words were Change, Discover and Motivate. This year, the theme song is different – Transform, Pursue, Collaborate – but the music is still thumping. 2014 will be blooming awesome!

What are your 3 words?

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Things Fall Apart

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Divorce. Just about nobody wants to deal with that. However, just about everybody knows that, in order to best navigate what can be a rather complicated process, if they are getting divorced, they should get a lawyer. How many think – I should probably get an accountant too? That’s right – an accountant. During a marriage, couples will acquire property, share incomes and perhaps even have children. Should they split, it is almost never a simple matter of just walking away. There may be a home (or homes) to consider, issues of child and spousal support and other financial assets that will be taken by one or the other spouse. These many financial aspects to divorce  can be very challenging to resolve, and this is where the services of a forensic accountant can be well utilized.

The services can be as straightforward as preparing a spouse’s statement of net worth.  The forensic CPA’s understanding of and experience with financial statements and tax return documents will help make this process more efficient, and less likely to contain errors, than trying to prepare the statement yourself. Trying to correct net worth numbers after a divorce is finalized is a huge headache that most would probably want to do without. The need for the specialized skills and qualifications of a forensic CPA  come into play when a divorce involves more substantial and complicated assets. During a marriage couples may accumulate property, own and operate businesses, or incur debts. Forensic accountants will investigate the locations, value and character of the assets and income of the divorcing couple and present this financial information and testimony in court.

The location of assets and income is simple enough concept. Sometimes a divorcing spouse who wishes to minimize alimony or child support payments may try to hide their true income. Especially when the spouse is self-employed or has various sources of income, a forensic accountant may need to use various methods to trace and recalculate hidden income. In addition to tracing hidden income, a forensic account will assess the current value of property and other non-cash assets. What also comes into play in a divorce proceeding is the character of the property and debts. Where a divorcing couple resides decides to a large extent whether property will be viewed as community, equitable or separate. A state’s marital, financial and tax laws determine how the marital estate will be divided, how spousal and child support will be calculated and it is, therefore, very important that a divorcing party engages experienced divorce attorneys and forensic accountants who are experienced in family law.

For instance, when a couple has been married for many years, trying to determine the character of an asset can be a challenge. A forensic accountant may be needed to trace that asset back many years, and possibly through various investments, to figure out the source of the original funds used to purchase the assets. Sometimes separate property has been mixed with community property (which is completely understandable as most believe their marriage will be permanent). In these cases, it is important to have a professional who can use acceptable methods to identify the different types of property to a level that is acceptable in a court of law. Things can get really complicated. For example:

  • What if one spouse comes to the marriage with separate property which carries debt. During the marriage payments on this property. Are those payments made with separate or community funds? Will that change the character of the property as a whole, or in part or not at all?
  • What about if one spouse comes to the marriage with a business that she or he works in during the marriage. At the time of the divorce, can the other spouse claim a part of the increase in value of the business? How could their contribution be assessed if at all?

Using presiding laws and their expertise, forensic accountants work to provide the evidence and calculations that the judge will use to come to conclusions about the apportionment of assets and income.

Another way in which the skills of a forensic accountant are used are during the discovery phase. This is the part of the divorce process where the lawyers gather information, documents and other evidence that they will then use to resolve the case. Discovery involves requesting and collecting documents, asking questions of various parties that must be answered, under oath, in either written form or in the presence of a court stenographer, issuing subpoenas, and asking the opposing party to admit that items on a list of statements are true. Credentialed forensic accountants are very important during discovery as they can help the attorneys draft documents, analyze and assess whether or not documents received are reliable and useful. They can help the lawyers put together the lists of the documents that they should request from the opposing parties.

The stress of dealing with a divorce can be better managed by engaging the services of a qualified professional who has an understanding of

  • tax issues,
  • financial statements,
  • tracing financial transactions,
  • analyzing the value and character of assets and liabilities, and
  • understanding the machinations of the local legal system.

Together with your lawyer, should you have to go through a divorce, a certified and experienced forensic accountant can help make the process less of a drama.

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Huh? What’s It All About?

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When I was a kid, my parents gave me the book “Harriet the Spy“. I am not sure what effect my parents thought the book would have on me but the effect was deep and long-lasting. From the moment I finished reading the book I was inspired, by Harriet, to spend my investigating and solving mysteries – even mysteries that did not even know existed. After lessons on fossils and other historical remains, I dug up the backyard in search of remains of my own. I had visions of finding long-hidden bones or pieces of a long-ago sunken ship (despite living nowhere near a large body of water). The only bones I succeeded in finding were the bones our dog had buried in the ground.

Fast forward some years and several types of puzzles, I found myself taking up financial forensics. When I meet people and they ask me what I do and I respond, “I am in financial forensics” most of them say, “what is that?” That does not surprise me – I myself went into forensic accounting with a vague and limited sense of what they did and found that the range of issues to be more expansive than I imagined. Financial forensic professionals can be found working a criminal investigation, a fraud case or an economic damages litigation, and that is just scratching the surface of what they can do. If there is a mystery involving money matters (and sometimes even if the money matters are not immediately apparent) there is a good chance that a financial forensics professional will be involved.

But it goes beyond that. The word forensic means ‘suitable for use in a court of law’ and this means that, at a minimum, the work of the forensic accountant should meet those standards. Forensic accountants often serve as expert witnesses or as consultants for cases that may eventually end up in court. Also, most forensic accountants belong to professional bodies, such as the American Institute of CPAs (AICPA) and hold specialised credentials, the Certification in Financial Forensics being one. These professional bodies demand high levels of expertise, ethics and judgment and, as a result of these various requirements, forensic accountants are expected to be well-qualified to take complex financial issues and present them in an understandable and supported manner.

I wonder if my parents ever thought that a book about a little girl on New York’s Upper East Side would lead to their own little girl growing up to solve mysteries herself?

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Three Words…

Image… and they aren’t “Happy New Year”

By way of Tom Hood over at the MACPA, I learnt about Chris Brogan and his concept of Three Words. I live a life of an endless to do list and this can lead to a very scattered way of thinking or feelings of failure as,no matter how much I do, there is always so much more to get done. I read both pieces and was struck by what a great idea this was. Having three words gives a theme to the year, so to speak, the essence of what is going to be important in the year to come. Almost like a theme song to the year – a lot will happen during the year but throughout these three words will give the mood.

Change: We live in a fast-paced, ever changing world. It can be very easy to feel overwhelmed and intimidated by it all and, as a result, resist change by clinging to the familiar. I aim to embrace change and not be swept up by it. This will demand a bravery or fearlessness (or, perhaps a combination of the two). Instead of being changed, I plan on being the change. This will mean doing new things and not being afraid to fail. I hope this means learning new things like coding, advanced techniques in excel and skiing.

Discover: As I step outside my comfort zone, I look forward to a year of discovery. Through discovery will come growth and creativity. As a kid, I remember an aunt telling me that she had never met anyone who asked as many questions as I did. I am not going to be afraid to ask a lot of questions – this is how you learn a lot of things. I am going to discover how to use things like Hootsuite and Evernote (in an effective way). I am going to try out new restaurants, new cities and, hopefully, new countries. I will delve deeper into this financial forensics thing – I shall be the Quincy of Forensic Accounting.

Motivate: Last year, encouraged by a friend, I joined a running class. The drill, during our second class, was to run out for 20 minutes, turn around and run back in a little less than 20 minutes. I ended up running next to a woman who I felt had a good pace. I decided that I would be good if I just stuck with her. At moments when I felt I was flagging, seeing her keep up her pace pushed me to do the same. At the end of the run, I turned to her to thank her for keeping me going. At the same time, she did the same. Toward the end of the class, she asked me to be a rabbit for her, to help her attain her goal time for a half marathon that I was not running. I was honoured that she felt that I could help her reach her goal. During the race I was both nervous and excited. I had to maintain a pace that she could handle and, at the same time make sure she was running quickly enough to make her time. I also had to motivate her to keep going and keep her from wanting to strangle me. As she crossed the finish line with time to spare, I think I was happier than I have been after a race that I have run. Later in the year, I had to go in to hospital for a few days and she came to visit me with a gift in hand – a soft toy rabbit. Yesterday I signed up for another running class (my new friend is in the class too) and we ended up running with a group of new inspiring running buddies. This year I intend to maximise the power of motivation; it is far more powerful than I can imagine. It is to be a year to motivate, and be motivated.

I am sure that, yet again, it will also be a year full of running stories.

I should put my three words – change, discover, motivate – to music so it can be a theme song I can play as I do this 2013 thing.

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