Tuesday, June 26, 2018

Slow Cracks in the Ceiling


In college I enrolled in a business law class as an elective which was taught by a former corporate attorney – a no-nonsense woman who once regaled us with a story of how in her first day at law school in 1962, a male classmate leaned over and told her in no uncertain terms that she had taken a deserving seat from man.

Knowing her as I did, I can only imagine her response. It most likely could not have been reprinted in a family publication.

Think about that for a moment in this era of movements like #MeToo.

That scenario seems almost inconceivable today and without doubt would incur severe reprimands if not outright dismissal and/or legal action should it be repeated in the 21st century.

But that was then, and this was now.

I recalled this misogynist episode when I saw an article ranking the best CPA firms in the U.S. for women. The roster was compiled by the Accounting MOVE Project, a nine-year-old annual undertaking that provides a benchmark for the status of women in the leadership pipeline in the profession as well as diversity and the Accounting Financial and Women’s Alliance.

According to the 2018 poll, women currently comprise 25 percent of the management committees at participating firms—up from 19 percent in 2014 and 24 percent of partners and principals at CPA firms. 

According to the AFWA, the below listed firms were measured by a trio of factors related to the advancement of women in accounting:

•    Consistent, measurable progress in advancing women to leadership.
•    Proven and continually evolving programs that retain and advance women.
•    Clear and compelling integration of the business case for advancing women with business results.

So, for those keeping score at home, the best practices for women in 2018 were:
  1. BPM, San Francisco, Calif.
  2. Brown Smith Wallace, St. Louis
  3. Clark Nuber, Bellevue, Wash.
  4. CohnReznick, New York
  5. Kerkering Barbario & Co., Sarasota, Fla.
  6. Lurie, Minneapolis
  7. MCM CPAs and Advisors, Louisville, Ky.
  8. Moss Adams, Seattle
  9. Novogradac & Co. San Francisco
  10. Plante Moran, Southfield, Mich.
  11. Rehman, Troy, Mich.
  12. Bonadio Group, Pittsford, N.Y.

And for those who care, I earned an A in the class - one of the few and far between to appear on my college transcript. And I should mention that she never once told me my seat should have gone to a more deserving student.

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