{"version":"1.0.0","segments":[{"speaker":"Stephen McLain","startTime":0.0,"endTime":2.01,"body":"Hi, this is"},{"speaker":"Stephen McLain","startTime":0.0,"endTime":2.01,"body":"Stephen McLain of the finance"},{"speaker":"Stephen McLain","startTime":2.01,"endTime":6.3,"body":"leader podcast. And this is"},{"speaker":"Stephen McLain","startTime":2.01,"endTime":6.3,"body":"bonus episode number 11. I hope"},{"speaker":"Stephen McLain","startTime":6.3,"endTime":9.21,"body":"you're having a great week. Did"},{"speaker":"Stephen McLain","startTime":6.3,"endTime":9.21,"body":"you know that on Wednesday,"},{"speaker":"Stephen McLain","startTime":9.36,"endTime":13.68,"body":"October 14, it was national"},{"speaker":"Stephen McLain","startTime":9.36,"endTime":13.68,"body":"dessert day. This is the type of"},{"speaker":"Stephen McLain","startTime":13.68,"endTime":17.37,"body":"national day I can truly support"},{"speaker":"Stephen McLain","startTime":13.68,"endTime":17.37,"body":"and who comes up with all these"},{"speaker":"Stephen McLain","startTime":17.37,"endTime":21.06,"body":"national days? I'm not really"},{"speaker":"Stephen McLain","startTime":17.37,"endTime":21.06,"body":"sure some are great, some are"},{"speaker":"Stephen McLain","startTime":21.06,"endTime":24.54,"body":"strange. Some are very thought"},{"speaker":"Stephen McLain","startTime":21.06,"endTime":24.54,"body":"provoking. And some of the"},{"speaker":"Stephen McLain","startTime":24.54,"endTime":27.63,"body":"national days will really"},{"speaker":"Stephen McLain","startTime":24.54,"endTime":27.63,"body":"challenge your thinking"},{"speaker":"Stephen McLain","startTime":27.63,"endTime":31.32,"body":"framework. Now those are the"},{"speaker":"Stephen McLain","startTime":27.63,"endTime":31.32,"body":"ones that I really love. Because"},{"speaker":"Stephen McLain","startTime":31.32,"endTime":34.68,"body":"to really grow and develop, we"},{"speaker":"Stephen McLain","startTime":31.32,"endTime":34.68,"body":"must change our thinking"},{"speaker":"Stephen McLain","startTime":34.71,"endTime":38.94,"body":"especially about ourselves, how"},{"speaker":"Stephen McLain","startTime":34.71,"endTime":38.94,"body":"we view ourselves, and how we"},{"speaker":"Stephen McLain","startTime":38.94,"endTime":43.53,"body":"view the world greatness in"},{"speaker":"Stephen McLain","startTime":38.94,"endTime":43.53,"body":"mind, and in character, and in"},{"speaker":"Stephen McLain","startTime":43.53,"endTime":48.03,"body":"leadership doesn't appear"},{"speaker":"Stephen McLain","startTime":43.53,"endTime":48.03,"body":"suddenly from nothing. We must"},{"speaker":"Stephen McLain","startTime":48.03,"endTime":52.62,"body":"continually work on ourselves"},{"speaker":"Stephen McLain","startTime":48.03,"endTime":52.62,"body":"and improve every day, I'm"},{"speaker":"Stephen McLain","startTime":52.62,"endTime":56.85,"body":"encouraging you to live a life"},{"speaker":"Stephen McLain","startTime":52.62,"endTime":56.85,"body":"of learning and growing. This"},{"speaker":"Stephen McLain","startTime":56.85,"endTime":60.36,"body":"week, I'm sharing an encore"},{"speaker":"Stephen McLain","startTime":56.85,"endTime":60.36,"body":"episode from Season number two,"},{"speaker":"Stephen McLain","startTime":60.72,"endTime":64.62,"body":"which is episode number 13."},{"speaker":"Stephen McLain","startTime":60.72,"endTime":64.62,"body":"about earning a professional"},{"speaker":"Stephen McLain","startTime":64.62,"endTime":67.95,"body":"certification. Earning a"},{"speaker":"Stephen McLain","startTime":64.62,"endTime":67.95,"body":"certification adds great value"},{"speaker":"Stephen McLain","startTime":67.95,"endTime":71.52,"body":"to your professional Foundation,"},{"speaker":"Stephen McLain","startTime":67.95,"endTime":71.52,"body":"and can boost your earnings and"},{"speaker":"Stephen McLain","startTime":71.52,"endTime":75.27,"body":"career potential. In the episode"},{"speaker":"Stephen McLain","startTime":71.52,"endTime":75.27,"body":"I discuss a few finance and"},{"speaker":"Stephen McLain","startTime":75.27,"endTime":79.2,"body":"accounting certifications you"},{"speaker":"Stephen McLain","startTime":75.27,"endTime":79.2,"body":"can consider pursuing. I am"},{"speaker":"Stephen McLain","startTime":79.2,"endTime":81.9,"body":"working on bringing season"},{"speaker":"Stephen McLain","startTime":79.2,"endTime":81.9,"body":"number four to you, which will"},{"speaker":"Stephen McLain","startTime":81.9,"endTime":86.22,"body":"debut on November 10. Please"},{"speaker":"Stephen McLain","startTime":81.9,"endTime":86.22,"body":"continue to grow and develop and"},{"speaker":"Stephen McLain","startTime":86.22,"endTime":90.09,"body":"assure your team members are to"},{"speaker":"Stephen McLain","startTime":86.22,"endTime":90.09,"body":"please enjoy this encore"},{"speaker":"Stephen McLain","startTime":90.09,"endTime":91.5,"body":"episode. Thank you."},{"speaker":"Stephen McLain","startTime":99.87,"endTime":102.12,"body":"Today we are talking about"},{"speaker":"Stephen McLain","startTime":99.87,"endTime":102.12,"body":"earning a professional"},{"speaker":"Stephen McLain","startTime":102.12,"endTime":106.11,"body":"certification or license because"},{"speaker":"Stephen McLain","startTime":102.12,"endTime":106.11,"body":"it'll boost your career and your"},{"speaker":"Stephen McLain","startTime":106.14,"endTime":107.22,"body":"earnings potential."},{"speaker":"Stephen McLain","startTime":110.19,"endTime":112.47,"body":"A certification should be a"},{"speaker":"Stephen McLain","startTime":110.19,"endTime":112.47,"body":"central part of your"},{"speaker":"Stephen McLain","startTime":112.47,"endTime":116.28,"body":"professional foundation to"},{"speaker":"Stephen McLain","startTime":112.47,"endTime":116.28,"body":"showcase your expertise, and"},{"speaker":"Stephen McLain","startTime":116.28,"endTime":120.99,"body":"dedication to delivering the"},{"speaker":"Stephen McLain","startTime":116.28,"endTime":120.99,"body":"best advice and work ethic to"},{"speaker":"Stephen McLain","startTime":120.99,"endTime":124.14,"body":"your organization. I encourage"},{"speaker":"Stephen McLain","startTime":120.99,"endTime":124.14,"body":"you to add earning a"},{"speaker":"Stephen McLain","startTime":124.14,"endTime":128.1,"body":"certification to your individual"},{"speaker":"Stephen McLain","startTime":124.14,"endTime":128.1,"body":"development plan this year."},{"speaker":"Stephen McLain","startTime":128.16,"endTime":130.98,"body":"Please enjoy the episode."},{"speaker":"Stephen McLain","startTime":128.16,"endTime":130.98,"body":"Welcome to the finance leader"},{"speaker":"Stephen McLain","startTime":130.98,"endTime":134.94,"body":"podcast where leadership is"},{"speaker":"Stephen McLain","startTime":130.98,"endTime":134.94,"body":"bigger than the numbers. I am"},{"speaker":"Stephen McLain","startTime":134.94,"endTime":138.66,"body":"your host Stephen McLain. And"},{"speaker":"Stephen McLain","startTime":134.94,"endTime":138.66,"body":"this is the podcast with"},{"speaker":"Stephen McLain","startTime":138.66,"endTime":142.35,"body":"developing leaders in finance"},{"speaker":"Stephen McLain","startTime":138.66,"endTime":142.35,"body":"and accounting. This is episode"},{"speaker":"Stephen McLain","startTime":142.35,"endTime":146.76,"body":"number 13. And we're gonna be"},{"speaker":"Stephen McLain","startTime":142.35,"endTime":146.76,"body":"talking about certifications and"},{"speaker":"Stephen McLain","startTime":146.76,"endTime":149.67,"body":"licenses. And we're going to be"},{"speaker":"Stephen McLain","startTime":146.76,"endTime":149.67,"body":"talking a lot about your"},{"speaker":"Stephen McLain","startTime":149.67,"endTime":152.67,"body":"professional development. I"},{"speaker":"Stephen McLain","startTime":149.67,"endTime":152.67,"body":"believe that we all need to be"},{"speaker":"Stephen McLain","startTime":152.67,"endTime":155.85,"body":"continually growing and"},{"speaker":"Stephen McLain","startTime":152.67,"endTime":155.85,"body":"improving. I don't know the"},{"speaker":"Stephen McLain","startTime":155.85,"endTime":158.73,"body":"source of this quote, but it"},{"speaker":"Stephen McLain","startTime":155.85,"endTime":158.73,"body":"really talks to what I believe"},{"speaker":"Stephen McLain","startTime":158.73,"endTime":162.03,"body":"about your professional"},{"speaker":"Stephen McLain","startTime":158.73,"endTime":162.03,"body":"development, and I quote, Be not"},{"speaker":"Stephen McLain","startTime":162.03,"endTime":166.89,"body":"afraid of growing slowly be"},{"speaker":"Stephen McLain","startTime":162.03,"endTime":166.89,"body":"afraid only of standing still. I"},{"speaker":"Stephen McLain","startTime":166.89,"endTime":169.86,"body":"believe that you need to build"},{"speaker":"Stephen McLain","startTime":166.89,"endTime":169.86,"body":"your professional credibility"},{"speaker":"Stephen McLain","startTime":169.86,"endTime":172.89,"body":"and expertise. And through a"},{"speaker":"Stephen McLain","startTime":169.86,"endTime":172.89,"body":"professional license and"},{"speaker":"Stephen McLain","startTime":172.89,"endTime":176.1,"body":"certification, you'll be able to"},{"speaker":"Stephen McLain","startTime":172.89,"endTime":176.1,"body":"do that. And this is why you"},{"speaker":"Stephen McLain","startTime":176.1,"endTime":178.8,"body":"should be earning one a"},{"speaker":"Stephen McLain","startTime":176.1,"endTime":178.8,"body":"certification gives you"},{"speaker":"Stephen McLain","startTime":178.8,"endTime":181.77,"body":"credibility for being a"},{"speaker":"Stephen McLain","startTime":178.8,"endTime":181.77,"body":"professional and an expert in"},{"speaker":"Stephen McLain","startTime":181.77,"endTime":184.71,"body":"your field. During this episode,"},{"speaker":"Stephen McLain","startTime":181.77,"endTime":184.71,"body":"I will be talking about"},{"speaker":"Stephen McLain","startTime":184.74,"endTime":187.83,"body":"certifications that you can earn"},{"speaker":"Stephen McLain","startTime":184.74,"endTime":187.83,"body":"and also mentioned the"},{"speaker":"Stephen McLain","startTime":187.83,"endTime":190.8,"body":"organizations that sponsor them."},{"speaker":"Stephen McLain","startTime":187.83,"endTime":190.8,"body":"But I want to put out as a"},{"speaker":"Stephen McLain","startTime":190.8,"endTime":194.19,"body":"disclaimer that I have no"},{"speaker":"Stephen McLain","startTime":190.8,"endTime":194.19,"body":"affiliation with any of them,"},{"speaker":"Stephen McLain","startTime":194.43,"endTime":198.09,"body":"other than my membership in the"},{"speaker":"Stephen McLain","startTime":194.43,"endTime":198.09,"body":"American Society of military"},{"speaker":"Stephen McLain","startTime":198.09,"endTime":201.39,"body":"comptroller's. And if any of"},{"speaker":"Stephen McLain","startTime":198.09,"endTime":201.39,"body":"that changes in the future, I'll"},{"speaker":"Stephen McLain","startTime":201.39,"endTime":204.42,"body":"update the episode description."},{"speaker":"Stephen McLain","startTime":201.39,"endTime":204.42,"body":"Alright, let's talk about"},{"speaker":"Stephen McLain","startTime":204.45,"endTime":207.78,"body":"earning a professional"},{"speaker":"Stephen McLain","startTime":204.45,"endTime":207.78,"body":"certification or a license. And"},{"speaker":"Stephen McLain","startTime":207.78,"endTime":211.5,"body":"I'm going to go through a few"},{"speaker":"Stephen McLain","startTime":207.78,"endTime":211.5,"body":"reasons why you need to add this"},{"speaker":"Stephen McLain","startTime":211.5,"endTime":216.3,"body":"to your IDP this year. I believe"},{"speaker":"Stephen McLain","startTime":211.5,"endTime":216.3,"body":"that a certification license is"},{"speaker":"Stephen McLain","startTime":216.3,"endTime":219.81,"body":"a key part of your professional"},{"speaker":"Stephen McLain","startTime":216.3,"endTime":219.81,"body":"development, especially for"},{"speaker":"Stephen McLain","startTime":219.81,"endTime":223.11,"body":"someone who works in finance and"},{"speaker":"Stephen McLain","startTime":219.81,"endTime":223.11,"body":"accounting. And I just believe"},{"speaker":"Stephen McLain","startTime":223.11,"endTime":226.77,"body":"that it just gives you more"},{"speaker":"Stephen McLain","startTime":223.11,"endTime":226.77,"body":"credibility, and it showcases"},{"speaker":"Stephen McLain","startTime":226.77,"endTime":230.58,"body":"what you know in your field. And"},{"speaker":"Stephen McLain","startTime":226.77,"endTime":230.58,"body":"I believe that it's a critical"},{"speaker":"Stephen McLain","startTime":230.58,"endTime":234.66,"body":"part of your overall"},{"speaker":"Stephen McLain","startTime":230.58,"endTime":234.66,"body":"professional portfolio, which of"},{"speaker":"Stephen McLain","startTime":234.66,"endTime":238.14,"body":"course includes your college"},{"speaker":"Stephen McLain","startTime":234.66,"endTime":238.14,"body":"degree, your advanced degree,"},{"speaker":"Stephen McLain","startTime":238.2,"endTime":242.13,"body":"your experience, your skills and"},{"speaker":"Stephen McLain","startTime":238.2,"endTime":242.13,"body":"abilities, your knowledge and"},{"speaker":"Stephen McLain","startTime":242.13,"endTime":244.95,"body":"also your mindset. So I"},{"speaker":"Stephen McLain","startTime":242.13,"endTime":244.95,"body":"recommend that you add a"},{"speaker":"Stephen McLain","startTime":244.95,"endTime":248.76,"body":"certification or a license to"},{"speaker":"Stephen McLain","startTime":244.95,"endTime":248.76,"body":"that so that it rounds out your"},{"speaker":"Stephen McLain","startTime":248.76,"endTime":251.61,"body":"professional portfolio."},{"speaker":"Stephen McLain","startTime":248.76,"endTime":251.61,"body":"Throughout this episode, I'll"},{"speaker":"Stephen McLain","startTime":251.61,"endTime":255.6,"body":"probably be using certification"},{"speaker":"Stephen McLain","startTime":251.61,"endTime":255.6,"body":"most of the time instead of just"},{"speaker":"Stephen McLain","startTime":255.6,"endTime":259.74,"body":"license as we all know that some"},{"speaker":"Stephen McLain","startTime":255.6,"endTime":259.74,"body":"of these are actually licenses"},{"speaker":"Stephen McLain","startTime":259.74,"endTime":262.26,"body":"that are issued by the state,"},{"speaker":"Stephen McLain","startTime":259.74,"endTime":262.26,"body":"but I'll probably just stick to"},{"speaker":"Stephen McLain","startTime":262.26,"endTime":265.32,"body":"the word certification. The"},{"speaker":"Stephen McLain","startTime":262.26,"endTime":265.32,"body":"second thing I want to mention"},{"speaker":"Stephen McLain","startTime":265.32,"endTime":268.8,"body":"is that it is difficult to earn"},{"speaker":"Stephen McLain","startTime":265.32,"endTime":268.8,"body":"a certification and so that sets"},{"speaker":"Stephen McLain","startTime":268.8,"endTime":272.37,"body":"you apart from your peers if"},{"speaker":"Stephen McLain","startTime":268.8,"endTime":272.37,"body":"they don't earn one. I want to"},{"speaker":"Stephen McLain","startTime":272.37,"endTime":276.33,"body":"encourage everyone working in a"},{"speaker":"Stephen McLain","startTime":272.37,"endTime":276.33,"body":"leadership position to recognize"},{"speaker":"Stephen McLain","startTime":276.42,"endTime":279.96,"body":"how difficult it is to earn a"},{"speaker":"Stephen McLain","startTime":276.42,"endTime":279.96,"body":"certification and why it matters"},{"speaker":"Stephen McLain","startTime":279.96,"endTime":283.47,"body":"to get this done, and why it"},{"speaker":"Stephen McLain","startTime":279.96,"endTime":283.47,"body":"brings credibility to you. Most"},{"speaker":"Stephen McLain","startTime":283.47,"endTime":287.1,"body":"of the certification bodies"},{"speaker":"Stephen McLain","startTime":283.47,"endTime":287.1,"body":"usually require some years of"},{"speaker":"Stephen McLain","startTime":287.1,"endTime":290.64,"body":"experience in the area that you"},{"speaker":"Stephen McLain","startTime":287.1,"endTime":290.64,"body":"want to be certified. It also"},{"speaker":"Stephen McLain","startTime":290.64,"endTime":295.29,"body":"requires a study of doctrine and"},{"speaker":"Stephen McLain","startTime":290.64,"endTime":295.29,"body":"the law pertaining to the area"},{"speaker":"Stephen McLain","startTime":295.29,"endTime":298.29,"body":"of study that you have chosen,"},{"speaker":"Stephen McLain","startTime":295.29,"endTime":298.29,"body":"and sometimes the certification"},{"speaker":"Stephen McLain","startTime":298.29,"endTime":301.86,"body":"body requires a professional No"},{"speaker":"Stephen McLain","startTime":298.29,"endTime":301.86,"body":"who is currently working in that"},{"speaker":"Stephen McLain","startTime":301.86,"endTime":306.48,"body":"area of expertise to review and"},{"speaker":"Stephen McLain","startTime":301.86,"endTime":306.48,"body":"acknowledge your experience and"},{"speaker":"Stephen McLain","startTime":306.48,"endTime":309.36,"body":"that just gives you further"},{"speaker":"Stephen McLain","startTime":306.48,"endTime":309.36,"body":"credibility. The sponsoring"},{"speaker":"Stephen McLain","startTime":309.36,"endTime":313.23,"body":"organization is a recognized"},{"speaker":"Stephen McLain","startTime":309.36,"endTime":313.23,"body":"body of experts, and they"},{"speaker":"Stephen McLain","startTime":313.23,"endTime":316.74,"body":"sponsor the certification and"},{"speaker":"Stephen McLain","startTime":313.23,"endTime":316.74,"body":"also the follow on training. So"},{"speaker":"Stephen McLain","startTime":316.74,"endTime":319.5,"body":"when you go through a"},{"speaker":"Stephen McLain","startTime":316.74,"endTime":319.5,"body":"certification process, this"},{"speaker":"Stephen McLain","startTime":319.5,"endTime":323.88,"body":"recognize body of experts are"},{"speaker":"Stephen McLain","startTime":319.5,"endTime":323.88,"body":"saying that you have earned the"},{"speaker":"Stephen McLain","startTime":323.88,"endTime":326.85,"body":"certification, you have the"},{"speaker":"Stephen McLain","startTime":323.88,"endTime":326.85,"body":"right number of years of"},{"speaker":"Stephen McLain","startTime":326.85,"endTime":330.66,"body":"experience, you have the skills"},{"speaker":"Stephen McLain","startTime":326.85,"endTime":330.66,"body":"and you have the knowledge to"},{"speaker":"Stephen McLain","startTime":330.66,"endTime":333.57,"body":"carry on and hold that"},{"speaker":"Stephen McLain","startTime":330.66,"endTime":333.57,"body":"certification. And that gives"},{"speaker":"Stephen McLain","startTime":333.57,"endTime":337.08,"body":"you credibility. And sometimes"},{"speaker":"Stephen McLain","startTime":333.57,"endTime":337.08,"body":"the government body has to issue"},{"speaker":"Stephen McLain","startTime":337.08,"endTime":341.01,"body":"you a license to operate within"},{"speaker":"Stephen McLain","startTime":337.08,"endTime":341.01,"body":"that certification. For example,"},{"speaker":"Stephen McLain","startTime":341.4,"endTime":344.73,"body":"a Certified Public Accountant"},{"speaker":"Stephen McLain","startTime":341.4,"endTime":344.73,"body":"has to take the state exam. In"},{"speaker":"Stephen McLain","startTime":344.73,"endTime":348.57,"body":"order to be certified. You also"},{"speaker":"Stephen McLain","startTime":344.73,"endTime":348.57,"body":"have to do continuing education"},{"speaker":"Stephen McLain","startTime":348.81,"endTime":351.99,"body":"to maintain the certification"},{"speaker":"Stephen McLain","startTime":348.81,"endTime":351.99,"body":"that ensures that you are"},{"speaker":"Stephen McLain","startTime":351.99,"endTime":355.14,"body":"staying on top of the most"},{"speaker":"Stephen McLain","startTime":351.99,"endTime":355.14,"body":"current changes that helps you"},{"speaker":"Stephen McLain","startTime":355.14,"endTime":358.77,"body":"provide the best advice and for"},{"speaker":"Stephen McLain","startTime":355.14,"endTime":358.77,"body":"you to be able to continue your"},{"speaker":"Stephen McLain","startTime":358.77,"endTime":361.2,"body":"duties in the area that you're"},{"speaker":"Stephen McLain","startTime":358.77,"endTime":361.2,"body":"working in for your"},{"speaker":"Stephen McLain","startTime":361.2,"endTime":364.26,"body":"organization. And when you are a"},{"speaker":"Stephen McLain","startTime":361.2,"endTime":364.26,"body":"member of the certification"},{"speaker":"Stephen McLain","startTime":364.26,"endTime":368.31,"body":"body, it ensures that you know"},{"speaker":"Stephen McLain","startTime":364.26,"endTime":368.31,"body":"the latest knowledge and changes"},{"speaker":"Stephen McLain","startTime":368.34,"endTime":372.84,"body":"to your certification area. So"},{"speaker":"Stephen McLain","startTime":368.34,"endTime":372.84,"body":"you stay current on what's going"},{"speaker":"Stephen McLain","startTime":372.84,"endTime":376.14,"body":"on in your field so that you can"},{"speaker":"Stephen McLain","startTime":372.84,"endTime":376.14,"body":"continue to provide the best"},{"speaker":"Stephen McLain","startTime":376.2,"endTime":379.86,"body":"advice. Another reason why"},{"speaker":"Stephen McLain","startTime":376.2,"endTime":379.86,"body":"earning a certification is very"},{"speaker":"Stephen McLain","startTime":379.86,"endTime":383.34,"body":"important because we're seeing"},{"speaker":"Stephen McLain","startTime":379.86,"endTime":383.34,"body":"more and more jobs that are"},{"speaker":"Stephen McLain","startTime":383.34,"endTime":387.12,"body":"requiring a certification or"},{"speaker":"Stephen McLain","startTime":383.34,"endTime":387.12,"body":"they at least listed as a as a"},{"speaker":"Stephen McLain","startTime":387.12,"endTime":390.3,"body":"preference and you're going to"},{"speaker":"Stephen McLain","startTime":387.12,"endTime":390.3,"body":"see a lot of the accounting,"},{"speaker":"Stephen McLain","startTime":390.33,"endTime":394.83,"body":"managerial and senior leader"},{"speaker":"Stephen McLain","startTime":390.33,"endTime":394.83,"body":"jobs require or at least prefer"},{"speaker":"Stephen McLain","startTime":394.89,"endTime":399.09,"body":"you to have your CPA, I continue"},{"speaker":"Stephen McLain","startTime":394.89,"endTime":399.09,"body":"to recommend to everyone that I"},{"speaker":"Stephen McLain","startTime":399.09,"endTime":402.09,"body":"get a chance to talk with you"},{"speaker":"Stephen McLain","startTime":399.09,"endTime":402.09,"body":"know, add a certification to"},{"speaker":"Stephen McLain","startTime":402.09,"endTime":406.14,"body":"your resume, go ahead and get it"},{"speaker":"Stephen McLain","startTime":402.09,"endTime":406.14,"body":"done, complete the requirements"},{"speaker":"Stephen McLain","startTime":406.2,"endTime":409.29,"body":"and it just boosts your"},{"speaker":"Stephen McLain","startTime":406.2,"endTime":409.29,"body":"potential and even if they were"},{"speaker":"Stephen McLain","startTime":409.29,"endTime":414.09,"body":"looking for a CPA sometimes if"},{"speaker":"Stephen McLain","startTime":409.29,"endTime":414.09,"body":"you have another certification"},{"speaker":"Stephen McLain","startTime":414.12,"endTime":417.21,"body":"that may help you get the"},{"speaker":"Stephen McLain","startTime":414.12,"endTime":417.21,"body":"position anyway even if you"},{"speaker":"Stephen McLain","startTime":417.21,"endTime":420.36,"body":"don't have your CPA having a"},{"speaker":"Stephen McLain","startTime":417.21,"endTime":420.36,"body":"certification has shown that it"},{"speaker":"Stephen McLain","startTime":420.36,"endTime":423.42,"body":"will boost your earnings and"},{"speaker":"Stephen McLain","startTime":420.36,"endTime":423.42,"body":"also boost your career. There"},{"speaker":"Stephen McLain","startTime":423.42,"endTime":426.09,"body":"are numerous studies available"},{"speaker":"Stephen McLain","startTime":423.42,"endTime":426.09,"body":"that shows earning the"},{"speaker":"Stephen McLain","startTime":426.09,"endTime":428.52,"body":"certification does boost your"},{"speaker":"Stephen McLain","startTime":426.09,"endTime":428.52,"body":"earnings and boost your"},{"speaker":"Stephen McLain","startTime":428.52,"endTime":431.67,"body":"potential. I believe that the"},{"speaker":"Stephen McLain","startTime":428.52,"endTime":431.67,"body":"earning of any certification"},{"speaker":"Stephen McLain","startTime":431.67,"endTime":434.49,"body":"will boost your career and boost"},{"speaker":"Stephen McLain","startTime":431.67,"endTime":434.49,"body":"your potential for certain"},{"speaker":"Stephen McLain","startTime":434.49,"endTime":437.34,"body":"positions within the"},{"speaker":"Stephen McLain","startTime":434.49,"endTime":437.34,"body":"organization. It proves that you"},{"speaker":"Stephen McLain","startTime":437.34,"endTime":440.52,"body":"are dedicated to becoming an"},{"speaker":"Stephen McLain","startTime":437.34,"endTime":440.52,"body":"expert in your field. Okay, just"},{"speaker":"Stephen McLain","startTime":440.52,"endTime":444.75,"body":"want to give you a few final"},{"speaker":"Stephen McLain","startTime":440.52,"endTime":444.75,"body":"thoughts. And as you move from"},{"speaker":"Stephen McLain","startTime":444.75,"endTime":447.84,"body":"individual contributor to"},{"speaker":"Stephen McLain","startTime":444.75,"endTime":447.84,"body":"manager and through the middle"},{"speaker":"Stephen McLain","startTime":447.84,"endTime":450.96,"body":"ranks, I still believe that"},{"speaker":"Stephen McLain","startTime":447.84,"endTime":450.96,"body":"having a professional"},{"speaker":"Stephen McLain","startTime":450.96,"endTime":454.59,"body":"certification will boost your"},{"speaker":"Stephen McLain","startTime":450.96,"endTime":454.59,"body":"credibility and show that you're"},{"speaker":"Stephen McLain","startTime":454.59,"endTime":458.52,"body":"dedicated to providing the very"},{"speaker":"Stephen McLain","startTime":454.59,"endTime":458.52,"body":"best work the very best advice,"},{"speaker":"Stephen McLain","startTime":458.55,"endTime":462.3,"body":"the very best ideas to the"},{"speaker":"Stephen McLain","startTime":458.55,"endTime":462.3,"body":"organization that you can pull"},{"speaker":"Stephen McLain","startTime":462.3,"endTime":465.57,"body":"from that body of knowledge that"},{"speaker":"Stephen McLain","startTime":462.3,"endTime":465.57,"body":"you've studied. It's a lot of"},{"speaker":"Stephen McLain","startTime":465.57,"endTime":468.87,"body":"work, but it's definitely worth"},{"speaker":"Stephen McLain","startTime":465.57,"endTime":468.87,"body":"it in the end. And definitely"},{"speaker":"Stephen McLain","startTime":468.87,"endTime":471.6,"body":"here to convince you that you"},{"speaker":"Stephen McLain","startTime":468.87,"endTime":471.6,"body":"need to add this into your goals"},{"speaker":"Stephen McLain","startTime":471.6,"endTime":475.92,"body":"today. Next, I want to take you"},{"speaker":"Stephen McLain","startTime":471.6,"endTime":475.92,"body":"through a few certifications"},{"speaker":"Stephen McLain","startTime":475.95,"endTime":479.22,"body":"that you can earn and also"},{"speaker":"Stephen McLain","startTime":475.95,"endTime":479.22,"body":"mentioned some certification"},{"speaker":"Stephen McLain","startTime":479.22,"endTime":483.69,"body":"bodies that you can look at to"},{"speaker":"Stephen McLain","startTime":479.22,"endTime":483.69,"body":"apply to to get the"},{"speaker":"Stephen McLain","startTime":483.69,"endTime":486.99,"body":"certification. So of course we"},{"speaker":"Stephen McLain","startTime":483.69,"endTime":486.99,"body":"all know the Certified Public"},{"speaker":"Stephen McLain","startTime":486.99,"endTime":491.4,"body":"Accountant is the one that will"},{"speaker":"Stephen McLain","startTime":486.99,"endTime":491.4,"body":"definitely set you apart. And of"},{"speaker":"Stephen McLain","startTime":491.4,"endTime":494.49,"body":"course is often required and"},{"speaker":"Stephen McLain","startTime":491.4,"endTime":494.49,"body":"it's highly sought after your"},{"speaker":"Stephen McLain","startTime":494.49,"endTime":497.82,"body":"earnings and potential will grow"},{"speaker":"Stephen McLain","startTime":494.49,"endTime":497.82,"body":"higher than the others if you"},{"speaker":"Stephen McLain","startTime":497.82,"endTime":501.18,"body":"get a chance to earn it. If you"},{"speaker":"Stephen McLain","startTime":497.82,"endTime":501.18,"body":"have the time and the resources"},{"speaker":"Stephen McLain","startTime":501.21,"endTime":506.13,"body":"and be able to get this done in"},{"speaker":"Stephen McLain","startTime":501.21,"endTime":506.13,"body":"your career, then definitely"},{"speaker":"Stephen McLain","startTime":506.13,"endTime":510.66,"body":"highly recommend earning that"},{"speaker":"Stephen McLain","startTime":506.13,"endTime":510.66,"body":"coveted CPA and it's gonna"},{"speaker":"Stephen McLain","startTime":510.78,"endTime":513.84,"body":"require a lot of work but"},{"speaker":"Stephen McLain","startTime":510.78,"endTime":513.84,"body":"definitely worth it. In the end."},{"speaker":"Stephen McLain","startTime":513.87,"endTime":517.35,"body":"When I close out the episode I'm"},{"speaker":"Stephen McLain","startTime":513.87,"endTime":517.35,"body":"going to share a few numbers"},{"speaker":"Stephen McLain","startTime":517.35,"endTime":521.19,"body":"with you on the earnings"},{"speaker":"Stephen McLain","startTime":517.35,"endTime":521.19,"body":"potential of a CPA. Next one I"},{"speaker":"Stephen McLain","startTime":521.19,"endTime":523.92,"body":"want to talk about is the"},{"speaker":"Stephen McLain","startTime":521.19,"endTime":523.92,"body":"certified management accountant"},{"speaker":"Stephen McLain","startTime":523.98,"endTime":528.3,"body":"and the Institute of Management"},{"speaker":"Stephen McLain","startTime":523.98,"endTime":528.3,"body":"Accountants offers this as a"},{"speaker":"Stephen McLain","startTime":528.3,"endTime":531.36,"body":"certification. And for all the"},{"speaker":"Stephen McLain","startTime":528.3,"endTime":531.36,"body":"organizations that I'm going to"},{"speaker":"Stephen McLain","startTime":531.39,"endTime":535.62,"body":"mention today, I'll add a link"},{"speaker":"Stephen McLain","startTime":531.39,"endTime":535.62,"body":"into the show notes that you can"},{"speaker":"Stephen McLain","startTime":535.62,"endTime":539.19,"body":"download for auditing, you can"},{"speaker":"Stephen McLain","startTime":535.62,"endTime":539.19,"body":"earn the certified internal"},{"speaker":"Stephen McLain","startTime":539.19,"endTime":543.66,"body":"auditor certification and the"},{"speaker":"Stephen McLain","startTime":539.19,"endTime":543.66,"body":"Institute of internal auditors"},{"speaker":"Stephen McLain","startTime":543.69,"endTime":547.17,"body":"provides that certification. If"},{"speaker":"Stephen McLain","startTime":543.69,"endTime":547.17,"body":"you're working in Treasury, you"},{"speaker":"Stephen McLain","startTime":547.17,"endTime":550.77,"body":"can earn the certified Treasury"},{"speaker":"Stephen McLain","startTime":547.17,"endTime":550.77,"body":"professional certification and"},{"speaker":"Stephen McLain","startTime":550.77,"endTime":553.77,"body":"that is offered by the"},{"speaker":"Stephen McLain","startTime":550.77,"endTime":553.77,"body":"Association for financial"},{"speaker":"Stephen McLain","startTime":553.77,"endTime":556.56,"body":"professionals. If you want to"},{"speaker":"Stephen McLain","startTime":553.77,"endTime":556.56,"body":"earn a financial modeling"},{"speaker":"Stephen McLain","startTime":556.56,"endTime":560.73,"body":"certification, you can work on"},{"speaker":"Stephen McLain","startTime":556.56,"endTime":560.73,"body":"the financial modeling and"},{"speaker":"Stephen McLain","startTime":560.73,"endTime":564.75,"body":"valuation analyst certification"},{"speaker":"Stephen McLain","startTime":560.73,"endTime":564.75,"body":"and that's offered by the"},{"speaker":"Stephen McLain","startTime":564.75,"endTime":569.16,"body":"corporate finance Institute. If"},{"speaker":"Stephen McLain","startTime":564.75,"endTime":569.16,"body":"you are working in military or"},{"speaker":"Stephen McLain","startTime":569.16,"endTime":571.86,"body":"the government, I'll go ahead"},{"speaker":"Stephen McLain","startTime":569.16,"endTime":571.86,"body":"and briefly mention a few"},{"speaker":"Stephen McLain","startTime":571.86,"endTime":575.67,"body":"certifications that you can earn"},{"speaker":"Stephen McLain","startTime":571.86,"endTime":575.67,"body":"and work on that's what I did. I"},{"speaker":"Stephen McLain","startTime":575.67,"endTime":579.63,"body":"earned the certified defense"},{"speaker":"Stephen McLain","startTime":575.67,"endTime":579.63,"body":"financial manager certification"},{"speaker":"Stephen McLain","startTime":579.66,"endTime":582.51,"body":"which is sponsored by the"},{"speaker":"Stephen McLain","startTime":579.66,"endTime":582.51,"body":"American Society of military"},{"speaker":"Stephen McLain","startTime":582.51,"endTime":586.2,"body":"comptroller's. The Department of"},{"speaker":"Stephen McLain","startTime":582.51,"endTime":586.2,"body":"Defense has its own finance"},{"speaker":"Stephen McLain","startTime":586.2,"endTime":589.11,"body":"certification program. So if you"},{"speaker":"Stephen McLain","startTime":586.2,"endTime":589.11,"body":"ever worked for them, you can"},{"speaker":"Stephen McLain","startTime":589.11,"endTime":591.48,"body":"work on that and get that"},{"speaker":"Stephen McLain","startTime":589.11,"endTime":591.48,"body":"completed. And if you're a"},{"speaker":"Stephen McLain","startTime":591.48,"endTime":595.08,"body":"government civilian, you can"},{"speaker":"Stephen McLain","startTime":591.48,"endTime":595.08,"body":"earn the certified government"},{"speaker":"Stephen McLain","startTime":595.08,"endTime":598.83,"body":"financial manager certification"},{"speaker":"Stephen McLain","startTime":595.08,"endTime":598.83,"body":"and that is sponsored by the"},{"speaker":"Stephen McLain","startTime":598.83,"endTime":602.82,"body":"Association of Government"},{"speaker":"Stephen McLain","startTime":598.83,"endTime":602.82,"body":"accountants. So for an easy one"},{"speaker":"Stephen McLain","startTime":602.82,"endTime":606.6,"body":"today, I recommend that you add"},{"speaker":"Stephen McLain","startTime":602.82,"endTime":606.6,"body":"earning a certification or"},{"speaker":"Stephen McLain","startTime":606.6,"endTime":610.17,"body":"license into your individual"},{"speaker":"Stephen McLain","startTime":606.6,"endTime":610.17,"body":"development plan. If you don't"},{"speaker":"Stephen McLain","startTime":610.17,"endTime":613.71,"body":"currently have one, if you lead"},{"speaker":"Stephen McLain","startTime":610.17,"endTime":613.71,"body":"a team and share you're talking"},{"speaker":"Stephen McLain","startTime":613.71,"endTime":616.86,"body":"with your team members also"},{"speaker":"Stephen McLain","startTime":613.71,"endTime":616.86,"body":"about earning a certification."},{"speaker":"Stephen McLain","startTime":616.95,"endTime":619.86,"body":"Alright, in this episode, I"},{"speaker":"Stephen McLain","startTime":616.95,"endTime":619.86,"body":"talked about the importance of"},{"speaker":"Stephen McLain","startTime":619.86,"endTime":622.62,"body":"earning and professional"},{"speaker":"Stephen McLain","startTime":619.86,"endTime":622.62,"body":"certification. And it's just"},{"speaker":"Stephen McLain","startTime":622.62,"endTime":625.5,"body":"great to have on your resume. So"},{"speaker":"Stephen McLain","startTime":622.62,"endTime":625.5,"body":"I'm encouraging you to get this"},{"speaker":"Stephen McLain","startTime":625.5,"endTime":629.7,"body":"done. I want to share with you a"},{"speaker":"Stephen McLain","startTime":625.5,"endTime":629.7,"body":"few numbers I found from several"},{"speaker":"Stephen McLain","startTime":629.7,"endTime":633.06,"body":"different sources, but I want to"},{"speaker":"Stephen McLain","startTime":629.7,"endTime":633.06,"body":"talk about a few numbers that"},{"speaker":"Stephen McLain","startTime":633.06,"endTime":636.54,"body":"the Journal of Accountancy has"},{"speaker":"Stephen McLain","startTime":633.06,"endTime":636.54,"body":"published and this is very"},{"speaker":"Stephen McLain","startTime":636.54,"endTime":640.47,"body":"specific to the certified public"},{"speaker":"Stephen McLain","startTime":636.54,"endTime":640.47,"body":"accountant and the average"},{"speaker":"Stephen McLain","startTime":640.47,"endTime":647.16,"body":"salary in the US for CPA is"},{"speaker":"Stephen McLain","startTime":640.47,"endTime":647.16,"body":"$119,000. The new CPAs average"},{"speaker":"Stephen McLain","startTime":647.16,"endTime":652.32,"body":"about $66,000 and CPAs with at"},{"speaker":"Stephen McLain","startTime":647.16,"endTime":652.32,"body":"least 20 years of experience are"},{"speaker":"Stephen McLain","startTime":652.32,"endTime":658.29,"body":"averaging $152,000 per year. On"},{"speaker":"Stephen McLain","startTime":652.32,"endTime":658.29,"body":"our recent survey, CPAs have"},{"speaker":"Stephen McLain","startTime":658.29,"endTime":662.73,"body":"shown to be an averaging around"},{"speaker":"Stephen McLain","startTime":658.29,"endTime":662.73,"body":"5% annual salary increases for"},{"speaker":"Stephen McLain","startTime":662.73,"endTime":665.67,"body":"the last several years. There"},{"speaker":"Stephen McLain","startTime":662.73,"endTime":665.67,"body":"are of course, very many"},{"speaker":"Stephen McLain","startTime":665.7,"endTime":669.0,"body":"different variables when it goes"},{"speaker":"Stephen McLain","startTime":665.7,"endTime":669.0,"body":"into these averages. But we do"},{"speaker":"Stephen McLain","startTime":669.0,"endTime":672.87,"body":"know that earning your CPA will"},{"speaker":"Stephen McLain","startTime":669.0,"endTime":672.87,"body":"more than pay for itself with"},{"speaker":"Stephen McLain","startTime":673.38,"endTime":676.56,"body":"additional salary and also"},{"speaker":"Stephen McLain","startTime":673.38,"endTime":676.56,"body":"greater promotion opportunities."},{"speaker":"Stephen McLain","startTime":676.59,"endTime":679.38,"body":"So I just want to course"},{"speaker":"Stephen McLain","startTime":676.59,"endTime":679.38,"body":"encourage you to earn that"},{"speaker":"Stephen McLain","startTime":679.41,"endTime":683.1,"body":"professional certification and"},{"speaker":"Stephen McLain","startTime":679.41,"endTime":683.1,"body":"get it added to your resume. And"},{"speaker":"Stephen McLain","startTime":683.1,"endTime":687.03,"body":"it will just continue to provide"},{"speaker":"Stephen McLain","startTime":683.1,"endTime":687.03,"body":"that credibility to the"},{"speaker":"Stephen McLain","startTime":687.03,"endTime":690.6,"body":"organization that you're working"},{"speaker":"Stephen McLain","startTime":687.03,"endTime":690.6,"body":"with. I want to give you a final"},{"speaker":"Stephen McLain","startTime":690.69,"endTime":694.53,"body":"editorial thought a few weeks"},{"speaker":"Stephen McLain","startTime":690.69,"endTime":694.53,"body":"ago, I shared a few bonus"},{"speaker":"Stephen McLain","startTime":694.53,"endTime":698.01,"body":"episodes, and I discussed how"},{"speaker":"Stephen McLain","startTime":694.53,"endTime":698.01,"body":"businesses should become more"},{"speaker":"Stephen McLain","startTime":698.01,"endTime":701.31,"body":"recession proof. I believe that"},{"speaker":"Stephen McLain","startTime":698.01,"endTime":701.31,"body":"if we're going to build strong,"},{"speaker":"Stephen McLain","startTime":701.31,"endTime":704.76,"body":"sustainable companies in the"},{"speaker":"Stephen McLain","startTime":701.31,"endTime":704.76,"body":"future, we need to shift our"},{"speaker":"Stephen McLain","startTime":704.76,"endTime":708.6,"body":"focus back to the balance sheet."},{"speaker":"Stephen McLain","startTime":704.76,"endTime":708.6,"body":"Because this is where we really"},{"speaker":"Stephen McLain","startTime":708.6,"endTime":711.96,"body":"show the financial health of our"},{"speaker":"Stephen McLain","startTime":708.6,"endTime":711.96,"body":"companies. The balance sheet"},{"speaker":"Stephen McLain","startTime":711.99,"endTime":716.04,"body":"reveals how long your company"},{"speaker":"Stephen McLain","startTime":711.99,"endTime":716.04,"body":"can withstand a major economic"},{"speaker":"Stephen McLain","startTime":716.04,"endTime":718.8,"body":"downturn. Now, I want you to"},{"speaker":"Stephen McLain","startTime":716.04,"endTime":718.8,"body":"think about that. And then"},{"speaker":"Stephen McLain","startTime":718.8,"endTime":722.04,"body":"please let me know your own"},{"speaker":"Stephen McLain","startTime":718.8,"endTime":722.04,"body":"thoughts. Again, I believe that"},{"speaker":"Stephen McLain","startTime":722.04,"endTime":726.0,"body":"we need to start shifting our"},{"speaker":"Stephen McLain","startTime":722.04,"endTime":726.0,"body":"focus back to the balance sheet"},{"speaker":"Stephen McLain","startTime":726.03,"endTime":729.57,"body":"instead of just a profit and"},{"speaker":"Stephen McLain","startTime":726.03,"endTime":729.57,"body":"loss statement so that we can"},{"speaker":"Stephen McLain","startTime":729.57,"endTime":733.59,"body":"build sustainable companies,"},{"speaker":"Stephen McLain","startTime":729.57,"endTime":733.59,"body":"companies that have a stronger"},{"speaker":"Stephen McLain","startTime":733.59,"endTime":738.06,"body":"financial health who can"},{"speaker":"Stephen McLain","startTime":733.59,"endTime":738.06,"body":"withstand economic downturns and"},{"speaker":"Stephen McLain","startTime":738.06,"endTime":742.26,"body":"are more able to withstand any"},{"speaker":"Stephen McLain","startTime":738.06,"endTime":742.26,"body":"kind of shocks to the system. We"},{"speaker":"Stephen McLain","startTime":742.26,"endTime":746.31,"body":"want to build strong,"},{"speaker":"Stephen McLain","startTime":742.26,"endTime":746.31,"body":"sustainable long term companies."},{"speaker":"Stephen McLain","startTime":746.34,"endTime":749.16,"body":"Next episode, I'm going to be"},{"speaker":"Stephen McLain","startTime":746.34,"endTime":749.16,"body":"talking about developing a"},{"speaker":"Stephen McLain","startTime":749.16,"endTime":752.55,"body":"purpose and a vision for your"},{"speaker":"Stephen McLain","startTime":749.16,"endTime":752.55,"body":"team. Have you ever showed up to"},{"speaker":"Stephen McLain","startTime":752.55,"endTime":756.36,"body":"the office and wondered why you"},{"speaker":"Stephen McLain","startTime":752.55,"endTime":756.36,"body":"were there other than for a"},{"speaker":"Stephen McLain","startTime":756.36,"endTime":759.42,"body":"paycheck? Well, we'll get into"},{"speaker":"Stephen McLain","startTime":756.36,"endTime":759.42,"body":"that. I hope you enjoyed the"},{"speaker":"Stephen McLain","startTime":759.42,"endTime":762.48,"body":"finance leader podcast, I am"},{"speaker":"Stephen McLain","startTime":759.42,"endTime":762.48,"body":"dedicated to helping you grow"},{"speaker":"Stephen McLain","startTime":762.48,"endTime":765.12,"body":"your leadership. I hope you"},{"speaker":"Stephen McLain","startTime":762.48,"endTime":765.12,"body":"enjoyed the show. You can get"},{"speaker":"Stephen McLain","startTime":765.12,"endTime":768.48,"body":"this episode. Wherever you find"},{"speaker":"Stephen McLain","startTime":765.12,"endTime":768.48,"body":"podcasts. Please join our"},{"speaker":"Stephen McLain","startTime":768.48,"endTime":771.66,"body":"community on Facebook, the"},{"speaker":"Stephen McLain","startTime":768.48,"endTime":771.66,"body":"finance leader podcast Facebook"},{"speaker":"Stephen McLain","startTime":771.66,"endTime":774.06,"body":"group, this will be our"},{"speaker":"Stephen McLain","startTime":771.66,"endTime":774.06,"body":"community to grow within the"},{"speaker":"Stephen McLain","startTime":774.06,"endTime":776.94,"body":"finance and accounting"},{"speaker":"Stephen McLain","startTime":774.06,"endTime":776.94,"body":"profession. Until next time, you"},{"speaker":"Stephen McLain","startTime":776.94,"endTime":780.93,"body":"can check out more resources at"},{"speaker":"Stephen McLain","startTime":776.94,"endTime":780.93,"body":"Stephen McLain calm and sign up"},{"speaker":"Stephen McLain","startTime":780.93,"endTime":784.11,"body":"for my updates so you don't miss"},{"speaker":"Stephen McLain","startTime":780.93,"endTime":784.11,"body":"an episode of the show. And now"},{"speaker":"Stephen McLain","startTime":784.14,"endTime":786.96,"body":"go lead your team and I'll see"},{"speaker":"Stephen McLain","startTime":784.14,"endTime":786.96,"body":"you next time. Thank you"}]}