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By Somdatta Basu
Dr. Mohan Kuruvilla Illuminates the CPA Profession’s Dynamics and Future Trajectory on IACCGH Business Hour
In a captivating episode of the IACCGH Business Hour, Dr. Mohan Kuruvilla took center stage on the Open Forum talk show, offering insights into the nuances of the Certified Public Accountancy (CPA) profession. His conversation delivered a thorough perspective on the CPA profession and its trajectory within the dynamic terrain of the business landscape.
Acknowledging the Open Forum Business Hours’ impact in Houston, he stated, “This show has been a pillar in fostering insightful discussions within our community. Being part of IACCGH is a tremendous opportunity as it facilitates business relationship building and networking. Their efforts contribute significantly to the community’s growth and connectivity.”
Hailing from Kerala, India, Dr. Kuruvilla traced his accounting journey to his roots, remarking, “My journey into accounting began in God’s own country. Little did I know that it would lead me to where I am today, contributing to the profession and academia.”
As the discussion delved into the essence of the CPA profession, Dr. Kuruvilla debunked myths, asserting, “Accounting is not just about numbers; it’s about storytelling. Each financial statement narrates a business’s journey, and CPAs are the storytellers.”
Highlighting the evolving landscape of the profession, he remarked, “While audit and tax are the bedrock, CPAs are increasingly becoming advisors in areas like cybersecurity and forensic accounting. We’re not just number crunchers; we’re strategic partners in business.”
Addressing the talent shortage, Dr. Kuruvilla affirmed, “To attract and retain talent, we’ve revamped educational requirements and are working to enhance compensation levels. We want the best minds contributing to the profession.” Discussing technological advancements, he emphasized adaptability, stating, “Technology is reshaping accounting. CPAs need to embrace change, integrating new tools and staying ahead of emerging trends.”
Revealing the global influence of the CPA profession, he noted, “We’re witnessing a surge in individuals from India taking the American CPA exam, speaking to the profession’s global reach and relevance.”
Beyond the radio talk show, Dr. Kuruvilla’s impact extends to the Texas Society of Certified Public Accountants (TXCPA), where he made history as the Chair Elect, the first South Asian to hold this position in the association’s 108-year history. With a multifaceted career, his experience spans corporate finance, academia, consulting, and entrepreneurship, showcasing a strong commitment to diversity and advocacy.
The interview concluded with him offering a glimpse into the future, stating, “The CPA profession is dynamic, offering diverse career paths. Young professionals should explore beyond traditional roles and embrace the evolving spaces within our field.”