Moving Beyond a Compliance Mindset

To stay relevant in today’s rapidly evolving landscape, your team needs to move beyond a “compliance mindset.”

They need to become strategic business advisors who provide proactive insights that help your clients become more profitable.

This new mindset should permeate every service your team provides – audit, tax, accounting services, and, of course, advisory services.

The Illinois CPA Society’s Onsite Strategy Academy helps CPAs develop the skills and competencies needed to become that strategic business advisor.
Strategy Academy

 Benefits of Onsite Learning:

  • No travel costs or downtime.
  • Choose a date that works for you.


  • Discuss confidential information without competitors present.
  • Train up to 10 members of your team.

The Details:

Day 1: Strategy Frameworks Lab

  • Learn about various strategy frameworks and understand how to identify what drives a business value, growth, and profitability.

  • Learn to use, apply, and assess the Return Driven Strategy framework in audit, tax, or accounting service engagements to provide strategic insights in improving client profitability and value

  • Understand the concept of value drivers and how to identify them for a business. Identify value drivers most relevant to business’ profitability.

  • Calculate, assess, and analyze how those value drivers impact profitability and growth

Day 2: Value Drivers Lab, Case Preparation, and Presentation

  • Develop a value drivers scorecard that identifies key strategic financial metrics.

  • Work in small groups to apply the learnings to date to your assigned business:
    • Apply and assess the Return Driven Strategy framework.
    • Identify and assess the value drivers that are most impactful to the business.
    • Develop recommendations to improve profitability and growth.
    • Develop case study and presentation
  • Present team’s case study, including strategic analysis and recommendations. Receive feedback.

  • Discuss how to implement program learnings in your firm and address barriers to success.

    The Faculty:

    Mark Frigo

    Mark Frigo, PhD, CPA
    Distinguished Professor Emeritus, DePaul University Kellstadt Graduate School of Business


    Todd ShapiroTodd Shapiro
    Former President and CEO, Illinois CPA Society
    Named Top 100 Most Influential People in Accounting by Accounting Today

    The fee for the entire 2-day program is $19,500 for up to 10 attendees and includes 17 CPE credits.

    Grants for 50% reimbursement are available on a first come, first served basis - see below for more info.


    Want help paying for the Strategy Academy?

    The Strategy Academy qualifies for the Chicagoland Chamber of Commerce’s Employer Training Investment Program (ETIP), where firms in Illinois can apply for a grant that reimburses 50% of the program costs of staff participation.

    For more information, visit:
    Or contact: Pati Flannery, ETIP Consultant, Chamber
    Staff [email protected] | 312.610.0517

    Hear What Others Said About The Strategy Academy:

    “Great program covering a much-needed skillset for the profession.”
    “Loved the practical applications.”
    “Going through practical exercise and same scale examples made it easier to understand.”