Tom Marino is a huge sports memorabilia collector, cherishing anything from his good friend Joe Torre, Mickey Mantle ("because it's Mickey Mantle") or from a 9/11 fundraiser ("a reminder to never forget," he says). Marino also knows a thing or two about his day job as CEO of CohnReznick.
We asked him for three skills an accountant needs to be ready for the future:
Verbal skills: This is still a service business and a people business, and you need to be able to talk to your client, not send them an email or instant message. Teaching communication skills to young people has become a key focus of our training program.
Deep industry specialty: It is no longer sufficient to understand the accounting or taxation of a client. It is imperative you have a complete understanding of a service group — SALT, international tax, etc. — or a particular industry, real estate, construction, energy, etc.
Staying ahead: Tomorrow's accountant must be able to quickly react to where markets are going. Our economy is not growing as it once was, so it's more important to increase your share of the existing market. Being "first to market" will give you a distinct advantage over the competition.