In this episode, Randolph (Randy) P. Johnston and Mary R. MacBain, CPA/CITP discuss the value and necessity of Training and Competency within the accounting profession. As technologies evolve, employers seek to train their employees on the tools and concepts that drive efficiency and productivity within their organizations. Business and compliance requirements necessitates that CPAs continue to enhance their understanding and expertise of specific skill sets needed to excel at performing their roles for their employer or their clients. The discussion touches on current trends in training, difference between training and education, the currently deficient preparation of students for the accounting profession at the university level and industry expectations.