The accounting profession is undergoing a period of unprecedented change. The increased globalization of the world economy, rapid advances in technology, and the retirements of myriad baby boomer CPAs will change the face of accounting. What does the future hold for CPAs? The JofA posed that question to five members of the "next-generation" of CPA leaders. Part 1 of this two-part podcast looks at how the market for accounting services will evolve over the next two decades and how those changes will reshape the structure of CPA firms. Other areas of discussion include the steps that young CPAs should be taking to move into leadership roles and the skills that employers and cliens will demand of CPAs in the new accounting world.