Randy Johnston
K2 Enterprises, Exec VP
Hutchinson, Kansas, United States
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Randolph P. (Randy) Johnston, MCS, has been a leading figure in technology for over 40 years. Inducted into the Accounting Hall of Fame in 2011, he has remained a Top 25 Thought Leader in Accounting from 2011 through 2024. His continued influence in the profession is highlighted by his recognition in the 2024 Accounting Today Top 100 Most Influential People in Accounting—his twenty-first consecutive year on that list. In addition, Randy authors a monthly column and hosts a weekly podcast for The CPA Practice Advisor contributes to the Journal of Accountancy, writes for various accounting and technology publications, and has published numerous books.
He has founded and still owns multiple ventures, including K2 Enterprises in Hammond, Louisiana, and Network Management Group, Inc. (NMGI) in Hutchinson, Kansas. For four decades, NMGI has provided services to CPA firms and has been the largest managed service provider for the CPA profession in North America. Randy’s wife, four children, and seven grandchildren share his passions for theatre, music, travel, golf, skiing, snorkeling, and model trains. His background as a college instructor, management and technology consultant, and advisor to the accounting community informs today’s presentation.
Contact Randy at randy@k2e.com, randyj@nmgi.com, 620-664-6000 x 112, via www.randyjohnston.com, www.technologybestpractices.com, www.nmgi.com, or www.k2e.com.
Area of Expertise
Topics
K2's Tech Update
Keeping pace with technology has never been more crucial, and K2's Tech Update is your key to staying informed and ahead. This comprehensive session is tailored for accounting professionals seeking to understand the landscape of technological advancements. You will gain insights into the latest developments and how they impact the accounting sector. Our expert-led program will delve into the newest Software and Hardware innovations, the evolving role of AI and machine learning in accounting, and the burgeoning impact of technologies like quantum computing and blockchain. This course guides you through the advantages and challenges of these technologies and helps you craft a technology strategy that aligns with your business goals.
Major Topics
• AI and machine learning trends
• Quantum computing in finance
• Understanding the growing impact of blockchain and digital currencies in accounting
• Software and hardware innovations
Learning Objectives
• Identify and assess the impact of AI and machine learning on accounting practices.
• List potential applications and implications of quantum computing in finance.
• Identify the evolving role of blockchain technology and cryptocurrencies in financial systems.
• Specify examples of the practicality and benefits of using the latest software and hardware tools
The Best Kept Secrets Of Microsoft 365
Many organizations have implemented Microsoft 365/Office 365 at a basic level, but few have truly explored the breadth and depth of tools included with their subscriptions. Some less commonly known apps help you manage shared email boxes, create and use web forms, schedule appointments, trade shifts, create real-time closed captions, and translate presentations. Attend this session and learn more about the hidden features in Microsoft 365 that you can use to level up your productivity.
Major Topics
• New features and tips and tricks in Microsoft 365
• Learn how to take advantage of optional services like Bookings, Shifts, Information Rights Management, and Approvals
• See some of the tools you can activate to help your team create and share video content intended only for internal use
Learning Objectives
• Select at least three optional services included with Office 365
• List at least two tools that extend Microsoft Teams to perform new tasks
• Identify at least one optional Office 365 service which protects confidential information
Quantum Computing Opportunities
You have heard of Quantum Computing, but what will it do for accounting, and what are the applications for our clients? While practical quantum computing may still be over the horizon, you should begin thinking about your opportunities today. Quantum computing will support artificial intelligence, financial forecasting, fraud detection, predictive analytics, and more. We will also spend time considering additional applications that may affect your clients. If you want to be the trusted advisor in your vertical, you must be ready with today's and future solutions.
Major Topics
• Hardware trends among competitors
• Applications in Accounting
• Key applications to consider for recommendations
• Risks and benefits of applying quantum computing
Learning Objectives
• Create strategic and tactical benefit lists of hardware options
• Evaluate current quantum-enable application choices
• Identify key technologies to consider and avoid
• List examples of quantum technologies that will affect the accounting profession
Kicking It Up A Notch With KPIs
The adage, “what gets measured, gets managed,” has never been more true than it is today. Organizations of all kinds and sizes are creating systems and processes to categorize, track, and report on many of their operations by creating reports featuring key performance indicators (KPIs). This session will teach you about many different kinds of KPIs. Further, you will learn how to find data and use tools like Microsoft Excel and Power BI to measure performance. You will also identify the benefits and drawbacks of using KPIs in management philosophies like holacracy to make it easier for employees to know in real time where they stand.
Major Topics
• Types of KPIs
• How to look for data in your existing systems
• The basics of data prep tools
• Tools for tracking and reporting on KPIs
Learning Objectives
• Identify the correct definition for terms associated with key performance indicators from a list of options
• Differentiate the benefits and limitations of using tools such as Excel, Power BI, and Tableau for reporting KPIs
• When presented with the name of an Excel or Power Query feature discussed in the session, select the definition that best describes the feature
• List examples of KPIs that might be useful in many business environments
Randy Johnston
K2 Enterprises, Exec VP
Hutchinson, Kansas, United States
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