In a wide-ranging keynote address at the Spring Meeting of the Governing Council of the American Institute of CPAs, president and CEO Barry Melancon described an accounting profession in the midst of a variety of transformations.

One of the first areas he touched on was diversity, and the need for the profession to embrace minorities. “Not because it is right -- though it is right,” Melancon said, but because the profession needs to be able to reflect the country’s future entrepreneurs, who will be its future clients.

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