Why Belonging is a Leadership Competency for the Accounting Profession

Accounting | June 24, 2026

Why Belonging is a Leadership Competency for the Accounting Profession

Organizations navigating change need leaders who can build trust, foster belonging, and engage people to contribute at their full potential.

Donny Shimamoto

Leadership in accounting and finance is changing. That change isn’t limited to technology adoption, new business models, or evolving expectations. It’s also about how professionals experience the workplace—and what organizations need from leaders in return.

For years, success in many accounting and finance settings tended to follow an unspoken script: fit the mold. Be professional. Be polished. Blend in. Minimize uncertainty, show how well you fit the accountant stereotype.

Those norms aren’t always intentional, but as firms, businesses, government agencies, educational institutions, and nonprofits work to attract talent, develop their leadership pipelines, and navigate ongoing transformation, a critical question has emerged: What happens when people feel they must hide parts of themselves to succeed?

Inclusion Is About More Than Personal Expression

People often associate inclusion with accepting self-expression or workplace culture initiatives. Those conversations matter. But belonging also has practical implications for organizational performance and leadership development—authenticity.

Authenticity shapes trust.

It influences whether professionals feel comfortable asking questions, sharing concerns, admitting mistakes, offering new ideas, or challenging assumptions—behaviors essential in environments shaped by rapid change, technological disruption, and growing complexity. In short, authenticity contributes to psychological safety—a proven driver of stronger collaboration, innovation, and team effectiveness.

For accounting and finance professionals, this matters. Our work now requires more than technical accuracy; it demands leaders who can navigate ambiguity, build cross-functional relationships, communicate tough realities, and help teams adapt in uncertain times. These leadership behaviors are harder to sustain when people feel pressured to constantly edit, minimize, or conceal important parts of who they are.

The Hidden Cost of “Professional Masking”

Many professionals learn to read organizational expectations and adapt accordingly.Adaptation can be healthy—professionalism includes understanding audiences, exercising judgment, and communicating appropriately for the audience.

But there’s a difference between adapting professionally and feeling that advancement requires abandoning authenticity. When candor, seeking support, acknowledging caregiving responsibilities, discussing mental health challenges, sharing diverse perspectives, or bringing full experiences into work are stifled, organizations pay a hidden price:

  • Engagement can decline.
  • Creativity and innovation can suffer.
  • Trust may erode.
  • Talented professionals may disengage from leadership pathways.

This isn’t merely a “culture issue.” It’s a leadership-pipeline issue. If visibility, sponsorship, and advancement favor a narrow image of leadership, organizations risk overlooking voices that could strengthen decision-making and resilience—an especially important consideration as succession planning and leadership development efforts intensify.

Why This Matters in a Transforming Profession

Transformation requires honest, courageous conversation. It does not flourish in environments where people fear speaking up, raising concerns, or questioning outdated assumptions.Whether implementing new technologies, navigating regulatory changes, improving cross-functional collaboration, modernizing education pathways, or rethinking workforce strategies, organizations need leaders who foster trust and create room for candor.

Authenticity isn’t about sharing everything or abandoning boundaries. It’s about consistency between values, actions, and communications. It’s about modeling transparency, encouraging respectful dialogue, and building the trust that underpins teams, partnerships, and organizational resilience.

That leadership approach strengthens belonging—not as a standalone initiative, but as a core organizational capability. People who feel seen, respected, and connected are more likely to engage, contribute, collaborate, and envision a future for themselves in the profession. And visibility matters: when leadership roles feel attainable to people from diverse backgrounds, more future leaders actually rise.

Moving From Conversation to Action

Building cultures where authenticity and belonging thrive requires more than slogans or annual observances. It requires deliberate leadership and concrete practices.

Practical steps to consider include:

  • Reexamining how leadership potential is defined, identified, and advanced.
  • Expanding mentorship, sponsorship, and leadership-development opportunities.
  • Creating environments that welcome respectful disagreement and candid dialogue.
  • Reassessing workplace norms that unintentionally discourage flexibility or diverse leadership styles.
  • Encouraging leaders to model transparency, accountability, and humanity alongside technical excellence.

These actions uphold professional standards while broadening our view of effective leadership in a changing profession.

Leadership for the Profession We Are Building

The future of accounting and finance will be shaped not only by technology, policy, and macro conditions, but by who stays, who leads, and whether organizations create ecosystems where professionals can contribute fully, grow confidently, and lead authentically.

Creating belonging is no soft skill detached from business outcomes. Increasingly, it is a leadership competency—and in a profession undergoing continuous transformation, it may be one of the most critical capabilities we can develop.

SIDEBAR

For a deeper exploration of belonging in practice, listen to Accounting ARC episodes, including “Fostering Inclusive Cultures Within Accounting Firms” and “Your Identity Is Not a Liability.”

Looking for practical ways to strengthen belonging, engagement, and leadership culture within your organization? The Center for Accounting Transformation offers learning resources, like Engaging Your Hybrid Team: How to Ensure Employee Engagement and Equity When WorkingRemote (on-demand) and The D&I Business Case: Understanding the Link Between Diversity & Performance (on-demand), as well as research, like the Staffing Strategies Research Study Report and The DEI Journey of the Accounting Profession Research Report. Our work helps teams translate these ideas into action—supporting stronger workplace culture, leadership development, and organizational resilience. You can explore additional resources at www.improvetheworld.net and we.improvetheworld.net.

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Donny Shimamoto, CPA.CITP, CGMA, is Inspiration Architect at the Center for Accounting Transformation.

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