In the classic fish out of water comedy, “My Cousin Vinny,”
Joe Pesci plays Vincent LaGuardia Gambini, a “dees and doze” lawyer from
Brooklyn who defends two teens accused of murder in a backwater Alabama town.
When questioning the timeline of a witness who claimed to
be cooking grits at the time he allegedly witnessed the getaway, Pesci’s
character asks him whether they were instant grits and the back and forth goes
something like this…
Witness: “No self-respecting Southerner cooks instant
grits.”
Gambini: So, how is it that it takes you five minutes to
cook your grits, when it takes the rest of the grit-eating world 20 minutes?”
Witness: (flustered) “I’m a fast cook I guess.”
Gambini: Are we to believe that grits cook faster in your
kitchen than anyplace else? Perhaps the laws of physics cease to exist on your
stove.”
As you might have expected, in his own ham-handed way he
discredits the witness and eventually exonerates the defendants.
So what does this have to do with the accounting
profession?
Glad you asked.
Recently, I sort of experienced a My Cousin Vinny moment
with several CPE directors of state CPA societies in the Northeast, which for
the moment will remain nameless to protect the innocent or more accurately, the
uninformed.
With the height of tax season rapidly encroaching our
calls to 99 percent of CPA firms are treated with the same reverent hospitality
as telemarketers selling replacement windows.
So for the next six weeks or so, we usually complete all
our administrative tasks such as updating client lists, upgrading software
programs and sending out CPE presentation requests to CPA state societies that
happen to fall under our individual purview.
Since what we do is 99.99 percent succession related, it
would stand to reason that the majority of our CPE topics fall under that
critical category.
With succession planning or lack thereof, you would think
that we would get more invitations to present before their membership than a
Sport Illustrated swimsuit model gets date requests.
Nope. In fact two of the organizations sent a prompt “no
thank you” explaining that in the past succession-related sessions did not draw
well.
Does anyone else see the My Cousin Vinny parallel here?
Apparently ownership transition issues cease to exist in
their states. Perhaps the immutable laws of succession don’t apply there. If
not, then they should be marketing their apparently flawless transition
strategies to the other 47 or so state societies.
More likely they’ll find out the hard way that unlike
grits, there’s no such thing as instant succession.
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