Retour

Explorez tous les épisodes du podcast The Accounting Podcast

Plongez dans la liste complète des épisodes de The Accounting Podcast. Chaque épisode est catalogué accompagné de descriptions détaillées, ce qui facilite la recherche et l'exploration de sujets spécifiques. Suivez tous les épisodes de votre podcast préféré et ne manquez aucun contenu pertinent.

Rows per page:

1–50 of 605

TitreDateDurée
Why EY Has The Worst Big Four PCAOB Deficiency Rate06 Sep 202401:21:34

In our 400th episode, Blake and David dive into the controversial world of audit quality and Big Four accounting firms. They also discuss a listener's critical email about their audit coverage, explore recent audit failures and deficiencies, and debate the underlying incentives in the audit industry. The discussion turns to workplace culture issues at major firms and potential solutions to improve audit quality.
 

Sponsors
OnPay - http://accountingpodcast.promo/onpay
Zoho - http://accountingpodcast.promo/zoho
Makers Hub - http://accountingpodcast.promo/makershub


Chapters
  • (01:05) - Listener Email: Criticism of Audit Discussions
  • (01:59) - Reading and Responding to Connor's Email
  • (05:19) - Understanding Audit Deficiencies
  • (07:46) - Audit Quality and Deficiency Rates
  • (13:26) - EY's Audit Deficiency and Industry Comparison
  • (15:28) - The Business Model of Big Four Firms
  • (19:13) - Challenges in the Audit Profession
  • (19:39) - Listener Feedback and Commentary
  • (35:33) - Super Micro Accounting Scandal
  • (43:53) - AI's Impact on Auditing
  • (44:11) - The Tipping Point: Media Coverage and Reactions
  • (44:40) - Audit Issues and Historical Context
  • (46:10) - The Role of Consulting in Audit Firms
  • (48:04) - Materiality and Audit Quality
  • (51:32) - The Future of Auditing and AI
  • (53:16) - EY's Secret Drinking Club Controversy
  • (01:15:35) - Addressing the CPA Crisis
  • (01:19:10) - Listener Mail and Final Thoughts
 


Show Notes

PCAOB Posts 2023 Annual Inspection Reports Alongside Staff Observations and New Charts To Boost Transparency

https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-posts-2023-annual-inspection-reports-alongside-staff-observations-new-charts-to-boost-transparency

Super Micro: Fresh Evidence Of Accounting Manipulation, Sibling Self-Dealing And Sanctions Evasion At This AI High Flyer

https://hindenburgresearch.com/smci/

AI Spotted Super Micro Risks Two Years Before Filing Fiasco

https://www.forbes.com/sites/noahbarsky/2024/08/30/ai-spotted-super-micro-risks-two-years-before-filing-fiasco/

EY's PR nightmare: A ‘secret drinking club’, misconduct allegations and resignations

https://www.stuff.co.nz/nz-news/350292387/eys-pr-nightmare-secret-drinking-club-misconduct-allegations-and-resignations

Super Micro shares fall 19% on filing delay, Hindenburg Research report

https://www.cnbc.com/2024/08/28/super-micro-shares-fall-23percent-on-filing-delay-hindenburg-research-report.html

Who Wants to See How Much Big 4 Revenue by Service Line Has Changed Since SOX?

https://www.goingconcern.com/who-wants-to-see-how-much-big-4-revenue-by-service-line-has-changed-since-sox/

PCAOB releases two new, divergent inspection reports for Canadian accounting firms

https://www.canadian-accountant.com/content/practice/pcaob-inspection-reports-deloitte-kreston-gta

Rethinking Rankings: The Top 100 Firms — Adjusted

https://www.vision.cpa/blog/Rethinking%20Rankings:%20Revenue%20Per%20Employee

Need CPE?

Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com


Get in Touch

Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.


Sponsorships

Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.


Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch


Subscribe


Classifieds
Client Hub - https://clienthub.app/
Forwardly - https://www.forwardly.com/

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd


Transcripts

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Is Intuit Going Enterprise? In THIS Economy?28 Aug 202401:26:19

In this episode, Blake and David dive into Intuit's strategic shift towards enterprise solutions, discussing the potential impact on the accounting industry. They also examine some recent economic trends, including the U.S. debt situation and its comparison to historical empires. They then get into audit deficiency rates reported by the PCAOB, highlighting the need for transparency and reform in the auditing profession. There's also talk AI applications in education, recent accounting scandals, and more challenges facing the accounting industry.

Sponsors
OnPay - http://accountingpodcast.promo/onpay
Relay - http://accountingpodcast.promo/relay
Makers Hub - http://accountingpodcast.promo/makershub


Chapters
  • (01:50) - Intuit's Strategic Shift to Enterprise
  • (04:19) - Intuit's Pricing and Market Position
  • (12:48) - Economic Outlook and Accountants' Perspectives
  • (21:22) - China's Debt and Bankruptcy System
  • (28:29) - Listener Mail and Industry Insights
  • (35:33) - A Compromise Between Hourly Billing and Subscription Pricing
  • (45:10) - AI as a Personal Tutor
  • (46:11) - Understanding SAFE Notes
  • (54:01) - AI in Retail and Business
  • (01:01:24) - Audit Deficiencies and Industry Issues
  • (01:25:11) - Conclusion and Final Thoughts
 


Show Notes

Intuit (INTU) Q4 2024 Earnings Call Transcript

https://www.fool.com/earnings/call-transcripts/2024/08/22/intuit-intu-q4-2024-earnings-call-transcript/

 

6 podcast episodes CFOs should listen to before summer ends

https://www.cfo.com/news/6-podcast-episodes-cfos-should-listen-to-accounting-podcast-strategic-cfo-360-rockstar-cfo/723667/

 

Accountants bearish, mostly

https://www.accountingtoday.com/news/accountants-bearish-mostly-save-for-their-own-firm-and-clients

 

Goldman Sachs Lowers Probability of US Recession

https://www.investopedia.com/goldman-sachs-lowers-probability-of-us-recession-8697194

 

China’s Punishment for People With Bad Debts: No Fast Trains or Nice Hotels

https://www.wsj.com/world/china/chinas-punishment-for-people-with-bad-debts-no-fast-trains-or-nice-hotels-bde24da2

 

Target to Roll Out Transformative GenAI Technology to its Store Team Members Chainwide

https://corporate.target.com/press/release/2024/06/target-to-roll-out-transformative-genai-technology-to-its-store-team-members-chainwide

 

N.J. Accounting Professor Convicted of Tax Evasion

https://www.cpapracticeadvisor.com/2024/08/19/n-j-accounting-professor-convicted-of-tax-evasion/109210/

 

Everyone from the sunken yacht off Sicily has now been accounted for

https://www.npr.org/2024/08/22/g-s1-18939/tech-mogul-mike-lynchs-body-is-found-as-the-search-goes-on-for-1-more-yacht-passenger

 

PCAOB Posts 2023 Annual Inspection Reports Alongside Staff Observations and New Charts To Boost Transparency

https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-posts-2023-annual-inspection-reports-alongside-staff-observations-new-charts-to-boost-transparency

 

EY Sheds U.S. Audit Clients in Response to Shortfalls

https://www.wsj.com/articles/ey-sheds-u-s-audit-clients-in-response-to-shortfalls-2ba1172e

 

Regulator Explores Naming Companies Tied to Auditing Deficiencies Amid Investor Pushback

https://www.wsj.com/articles/regulator-explores-naming-companies-tied-to-auditing-deficiencies-amid-investor-pushback-8ee1d1f3

 

Auditors failed to raise alarm before 75% of UK corporate collapses

https://www.ft.com/content/14a63c36-ba27-495c-96c0-3d34460d73cc


Need CPE?

Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com


Get in Touch

Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.


Sponsorships

Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.


Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch


Subscribe

Death, Taxes, and AI09 Jul 202401:02:01

Today, Blake and David explore how artificial intelligence is reshaping accounting, discussing its potential to handle 70% of information-based tasks and impact workflows like data collection, reconciliation, and client services. They criticize the current theoretical approach to accounting education, advocating for more practical, hands-on learning experiences. They also dig into the ongoing 150-hour rule debate, examining recent state board initiatives for alternative CPA pathways and concerns about the accounting talent pipeline. Blake and David tackle the recent Evolve cybersecurity breach and its implications for fintech companies and move on to listener feedback and questions.

Sponsors
LiveFlow - http://accountingpodcast.promo/liveflow
Relay - http://accountingpodcast.promo/relay
MakersHub - http://accountingpodcast.promo/makershub
Genwise - http://accountingpodcast.promo/genwise


Chapters
  • (02:40) - Vacation Plans and Quiet Vacationing
  • (07:20) - Generative AI in Accounting
  • (10:12) - Challenges and Opportunities in AI Adoption
  • (16:59) - CPA Firm Dynamics and Partner Retirement
  • (25:45) - Survey Insights and Alternative Pathways to CPA
  • (29:52) - Arkansaw State Board of Accountancy Pursuing Alternative Pathways to CPA
  • (31:06) - Blake and David Look at the California CPA License Survey
  • (34:16) - Addressing Concerns About CPA Mobility
  • (34:57) - Survey Reflections and Critique
  • (38:02) - Listener Mail: Nebraska's CPA Changes
  • (39:19) - The Practicality of Accounting Education
  • (54:47) - Evolve Bank Cyber Attack
  • (01:00:44) - Closing Thoughts and 4th of July Message
 


Show Notes

Millennials call it ‘quiet vacationing,’ but it’s really remote work gone wrong—and it’s CEOs’ worst nightmare

https://fortune.com/2024/05/23/quiet-vacation-millennials-gen-z-harris-poll-remote-work

 

Death, Taxes, and AI: How Generative AI Will Change Accounting

https://a16z.com/generative-ai-in-accounting/

 

Tech lag named top risk for accountants in 2024 Intuit QuickBooks survey

https://quickbooks.intuit.com/r/news/accountant-tech-survey-results/

 

Finding Qualified Staff Is the Top Issue Facing Most CPA Firms In 2024

https://www.cpapracticeadvisor.com/2024/06/07/finding-qualified-staff-is-the-top-issue-facing-most-cpa-firms-in-2024/106519/

 

Help! A Partner Wants to Retire Early

https://cpatrendlines.com/2024/04/24/help-a-partner-wants-to-retire-really-early/

 

Arkansas State Board of Public Accountancy – Proposed Rule Changes

https://www.labor.arkansas.gov/licensing/state-board-of-public-accountancy/proposed-rule-changes/

 

California Board of Accountancy 

https://www.dca.ca.gov/cba/

 

California Board of Accountancy’s LinkedIn Post on CPA Next Survey

https://www.linkedin.com/posts/cbanews_we-want-to-hear-from-you-this-weekend-is-activity-7212584294232285184-25sa

 

CPA Candidates Approved To Sit At 120 Hours Starting 1/1/2025

https://nebraska-cpa.thenewslinkgroup.org/cpa-candidates-approved-to-sit-at-120-hours-starting-1-1-2025/

 

Evolve Hit With Fed Enforcement Action, But Why Did It Take This Long?

https://substack.com/home/post/p-145886596

 

Cybersecurity Incident

https://www.getevolved.com/about/news/cybersecurity-incident/

 

Yieldstreet says some of its customers were affected by the Evolve Bank data breach

https://techcrunch.com/2024/07/02/yieldstreet-says-some-of-its-customers-were-affected-by-the-evolve-bank-data-breach/


Need CPE?

Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com


Get in Touch

Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.


Sponsorships

Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.


Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch


Subscribe

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast k...

Building a Remote eCommerce Firm with Meryl Johnston of Bean Ninjas14 Jul 202300:57:01

Learn how Meryl built a 30-headcount bookkeeping firm in eight years that can operate without her. We also get Meryl's take on the PwC scandal in Australia. Earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at earmarkcpe.com.

Sponsors
Relay - https://cloudaccountingpodcast.promo/relay
FinDaily - https://accountingpodcast.promo/findaily
Earmark for Teams - https://accountingpodcast.promo/freeshirt


Chapters
  • (00:04) - Preview: Why can't the US tax deadlines be as relaxed as Australia's
  • (00:29) - Welcome Meryl Johnston to the show and some background on Bean Ninjas
  • (05:28) - Tell us a little about the growth of Bean Ninjas, remote work, and taking a step back from day-to-day operations
  • (10:05) - How does Meryl track employees' work when they're remote?
  • (11:52) - Can you tell us about Bean Ninja's journey of niching?
  • (22:25) - How do you deal with communication challenges with remote work and different schedules
  • (26:53) - What is the current size of your firm, and what type of work do you now do?
  • (33:38) - What do you tell accountants who are afraid to niche?
  • (36:32) - Is the accounting talent crisis also happening in Australia?
  • (38:31) - Meryl gives her take on the PwC scandal in Australia
  • (44:50) - Are 2 new Australian tech companies coming for Xero's throne?
  • (51:40) - Is software plus a service the future of accounting tech?
  • (55:17) - Wrap up and how people can listen to Meryl's podcasts

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

Fuel Up the Bus, PwC Australia Has Named and Shamed Eight Partners Tied to the Tax Leak Scandal

https://www.goingconcern.com/fuel-up-the-bus-pwc-australia-has-named-and-shamed-eight-partners-tied-to-the-tax-leak-scandal/

 

PwC Sold Off Its Scandal-Plagued Government Consulting Business For 67 Cents - Going Concern

https://www.goingconcern.com/pwc-sold-off-its-scandal-plagued-government-consulting-business-for-67-cents/

 

PwC Sold a Part of Its Australian Business for $1 Because of Tax Leak Scandal - CPA Practice Advisor

https://www.cpapracticeadvisor.com/2023/06/29/pwc-sold-a-part-of-its-australian-business-for-67-cents-because-of-tax-leak-scandal/81609/

 

A new threat to Xero? The rise of Hnry: a one-stop shop for sole traders, ft. Karan Anand

https://www.raskmedia.com.au/2023/06/27/xero-risk-hnry-accounting-karan-anand/

 

Exclusive: PwC Australia ties Google to tax leak scandal – sources

https://www.reuters.com/technology/pwc-australia-ties-google-tax-leak-scandal-sources-2023-07-05/

 

Thriday swings at big accounting platforms with AI expense tool

https://www.smartcompany.com.au/finance/tax/thriday-business-expense-bank-ai-artificial-intelligence/

Meet Our Guest, Meryl Johnston
LinkedIn: https://www.linkedin.com/in/meryl-johnston-3a483728/
Website: https://beanninjas.com/

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe


Classifieds
Uncat - https://www.uncat.com/
Nett Tracker - https://www.nett-tracker.com/
FinDaily - https://findaily.io/
Forwardly - https://www.forwardly.com/

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

15-Year-Old Passes CPA Exam & NY Requires Independent Audits of AI Hiring Processes11 Jul 202300:49:19

In this episode, Blake and David examine the story of the 15-year-old who recently passed the CPA exam, as well as recent news involving accounting firms transitioning to corporations, AI investments, and new laws concerning AI hiring. They also cover several tech stories related to accounting, problems with client portals, and much more!

Sponsors
OnPay - https://cloudaccountingpodcast.promo/onpay
Relay - https://cloudaccountingpodcast.promo/relay
Forwardly - https://cloudaccountingpodcast.promo/forwardly


Chapters
  • (00:04) - Preview: Accounting firms will transition to corporations
  • (00:41) - Blake and David are back from their trips
  • (04:44) - A 15-year-old in Mississippi has passed the CPA exam
  • (06:41) - Jennifer asks about TAP's TurboTax Live Business experience
  • (09:46) - Mackenzie's voicemail re: accounting shortage
  • (18:18) - BDO USA is shifting from a partnership to a corporation
  • (20:36) - EY officially announces it has called off "Project Everest" but is still the number one US audit firm for public companies
  • (22:43) - M365 Co-Pilot updates
  • (28:08) - Thomson Reuters announces $100 million per year AI investment
  • (29:06) - Avalara launches a sales tax calculator in ChatGPT
  • (33:19) - Gusto hires former head of data science and analytics from Google
  • (34:11) - Taxfyle releases AI tax-prep bot
  • (36:06) - New York announces new AI law for hiring
  • (40:10) - A few more quick tech stories and the problems with client portals
  • (43:01) - Wrapbook wrap-up
  • (47:40) - Where to reach David and Blake

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

Tech News: TaxFyle releases AI tax prep bot          

https://www.accountingtoday.com/list/tech-news-taxfyle-releases-generative-ai-tax-prep-bot

 

Why everyone is mad about New York’s AI hiring law

https://www.technologyreview.com/2023/07/10/1076013/new-york-ai-hiring-law/

 

Mississippi youth passes CPA Exam – at Age 15

https://www.journalofaccountancy.com/news/2023/jun/mississippi-youth-passes-cpa-exam-at-age-15.html

 

BDO USA is Shifting From a Partnership to a Corporation - CPA Practice Advisor

https://www.cpapracticeadvisor.com/2023/06/26/bdo-usa-is-shifting-from-a-partnership-to-a-corporation/81445/

 

Gusto hires former Google exec to add AI to products | Accounting Today

https://www.accountingtoday.com/news/gusto-hires-former-google-exec-to-add-ai-to-products

 

KPMG cuts 5% of U.S. workforce | Accounting Today        

https://www.accountingtoday.com/news/kpmg-cuts-5-of-u-s-workforce

 

KPMG’s Big Four Dominance on Bank Audits Shaken by Failures

https://news.bloombergtax.com/financial-accounting/kpmgs-big-four-dominance-on-bank-audits-shaken-by-failures

 

Thomson Reuters adding AI to tax software | Accounting Today

https://www.accountingtoday.com/news/thomson-reuters-adding-ai-to-tax-software

 

EY Tops Rival Audit Firms in Public Company Clients - CPA Practice Advisor

https://www.cpapracticeadvisor.com/2023/06/20/ey-tops-rivals-in-public-company-audit-clients/81193/

 

Shopify vows to fight CRA request to hand over records from more than 121,000 Canadian businesses

https://www.ctvnews.ca/business/shopify-vows-to-fight-cra-request-to-hand-over-records-from-more-than-121-000-canadian-businesses-1.6454822

 

Accounting firm EY calls off ‘Project Everest’ to break up firm ...

https://www.dailymirror.lk/business/Accounting-firm-EY-calls-off-Project-Everest-to-break-up-firm/215-261867

 

Finance Automation Platform Ramp Acquires AI Startup Cohere.io

https://www.pymnts.com/artificial-intelligence-2/2023/finance-automation-platform-ramp-acquires-ai-startup-cohere-io/

 

BDO USA is Shifting From a Partnership to a Corporation 

https://www.cpapracticeadvisor.com/2023/06/26/bdo-usa-is-shifting-from-a-partnership-to-a-corporation/81445/ 

 

M365 Copilot, Microsoft’s generative AI tool, explained

https://www.computerworld.com/article/3700709/m365-copilot-microsofts-generative-ai-tool-explained.html

 

Intuit Supercharges Intuit GenOS with OpenAI’s Large Language Models to Bring GenAI Experiences to Customers

https://investors.intuit.com/news/news-details/2023/Intuit-Supercharges-Intuit-GenOS-with-OpenAIs-Large-Language-Models-to-Bring-GenAI-Experiences-to-Customers/default.aspx

 

Wrapbook Expands its Payroll Platform to Enable Seamless ...

https://www.businesswire.com/news/home/20230629819270/en/Wrapbook-Expands-its-Payroll-Platform-to-Enable-Seamless-Collaboration-Across-Production-and-Accounting-Teams

 

Kraken ordered to turn over its users' information to the IRS

https://www.accountingtoday.com/articles/kraken-ordered-to-turn-over-its-users-information-to-the-irs

How Much Should A CPA Charge For A Business Tax Return? (with Roger Knecht)28 Jun 202300:54:09

In this episode of the Accounting Podcast, Blake and David talk to CPA Roger Knecht about how much CPAs should charge for business tax returns. They also touch on the latest news, including Hunter Biden's plea deal for tax charges, the Pentagon overestimating supplies sent to Ukraine by $6.2 billion, and the SEC charging Marcum with quality control failures. They also dig into sports gamblers losing more money as parlays gain popularity, Roger's five pricing strategies, and AI in accounting. 

Sponsors
OnPay - https://cloudaccountingpodcast.promo/onpay
Relay - https://cloudaccountingpodcast.promo/relay
Helcim - https://cloudaccountingpodcast.promo/helcim


Chapters
  • (00:23) - Preview: CPAs are pricing themselves too low
  • (00:54) - Welcome Roger to the show and a little background on what he does
  • (03:01) - What topics we'll cover in this episode
  • (04:06) - Hunter Biden takes plea deal in tax charges
  • (09:01) - Pentagon overestimates supplies sent to Ukraine by $6.2 billion
  • (12:08) - Who will win: Elon Musk vs Mark Zuckerberg
  • (15:48) - CPA Ontario and CPA Quebec sever ties with CPA Canada
  • (19:14) - The SEC charges Marcum with quality control failures
  • (28:54) - Yahoo Finance article on how much people should expect to pay for a CPA
  • (35:35) - Sports bettors losing more money as parlays gain popularity
  • (41:01) - Roger's 5 pricing strategies
  • (44:42) - Some updates on AI in accounting
  • (53:07) - Wrap up and where to reach Roger

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

Meet Our Guest, Roger Knecht:
Website: https://universalaccounting.com/
LinkedIn: https://www.linkedin.com/in/rogerknecht/
Twitter: https://twitter.com/universalacct
Facebook: https://www.facebook.com/universalaccountingschool
Instagram: https://www.instagram.com/rogerknecht/


Show Notes

Even by the standards of billionaire-versus-billionaire tiffs, the proposed cage fight between Elon Musk and Mark Zuckerberg stands out    

https://www.wsj.com/articles/elon-musk-mark-zuckerberg-cage-fight-b71fa4ff

 

Marcum, the SEC said, audited nearly half of the roughly 860 SPAC IPOs in 2020 and 2021. The firm agreed to pay the SEC $10 million in fines for widespread failures in its audits.          

https://www.wsj.com/articles/marcum-to-settle-sec-pcaob-claims-over-widespread-failures-in-spac-audits-bb8f3d48

 

Accounting Mistake Caused Pentagon to Overestimate Cost of Weapons Sent to Ukraine by $6.2B - CPA Practice Advisor

https://www.cpapracticeadvisor.com/2023/06/21/accounting-error-caused-pentagon-to-overestimate-cost-of-weapons-sent-to-ukraine-by-6-2b/81322/

 

I'm a Small Business Owner. How Much Will a CPA Cost Me?         

https://finance.yahoo.com/news/im-small-business-owner-much-130149992.html

 

4 in 5 Australians want PwC banned from new government work  | Accountants Daily       

https://www.accountantsdaily.com.au/regulation/18685-four-in-five-australians-want-pwc-banned-from-new-government-work

 

CPA Quebec, Ontario bodies sever ties with national organization

https://financialpost.com/fp-finance/cpa-quebec-ontario-sever-ties-national-organization

 

Hunter Biden expected to plead guilty to tax-related misdemeanor crimes as part of a plea agreement       

https://www.nbcnews.com/news/amp/rcna90144

 

How much did Congress lose by defunding the IRS

https://www.washingtonpost.com/opinions/interactive/2023/irs-enforcement-costs-congress-funding/

 

Parlay bets are becoming a bigger part of online sports betting—which is good news for the house              

https://www.wsj.com/articles/sports-better-win-lose-ddcaae24

 

BDO to Convert to a Corporation, Replacing US Partnership (2)

https://news.bloombergtax.com/financial-accounting/bdo-to-convert-to-a-corporation-replacing-its-us-partnership

 

New bookkeeping platform Thriday says AI is on its way to save you from taxes and accountants

https://stockhead.com.au/tech/new-bookkeeping-platform-thriday-says-ai-is-on-its-way-to-save-you-from-taxes-and-accountants/

 

CLA launches high school summer intern program             

https://www.accountingtoday.com/news/cla-launches-high-school-summer-intern-program

 

Jeff Seibert, CEO and Co-Founder of Digits – Interview Series         

https://www.unite.ai/jeff-seibert-ceo-and-co-founder-of-digits-interview-series/

 

KPMG's Banking Troubles Give Accounting a Black Eye (Podcast)

https://news.bloombergtax.com/daily-tax-report/kpmgs-banking-troubles-give-accounting-a-black-eye-podcast

 

Digits AI Debuts as World's First Secure, Accurate, Business Finance AI

https://www.prnewswire.com/news-releases/digits-ai-debuts-as-worlds-first-secure-accurate-business-finance-ai-301857407.html

 

Pentagon's Ukraine ac...

The ROI of IRS Audits | FedNow Payment Network Launching in July21 Jun 202301:00:16

In this episode, Blake and David talk about the lack of audits hurting the profession, alternatives to tracking hours, whether to pursue a CPA or EA, and salary advice for new accountants. Next, they tackle a ton of news including AI integration in Mailchimp, the launch of FedNow Payment Network, the ROI of IRS audits, and the UK's Making Tax Digital rollout. Remote work, the ESG startup Omnevue securing $3 million in funding, Xero's third price increase in two years and Intuit's response, and more round out the show!

Sponsors
LiveFlow - https://cloudaccountingpodcast.promo/liveflow
Accountests - https://cloudaccountingpodcast.promo/accountests
Client Hub - https://cloudaccountingpodcast.promo/clienthub


Chapters
  • (00:00) - PREVIEW: Lack of audits is hurting the accounting profession
  • (00:50) - Welcome to The Accounting Podcast
  • (02:22) - Listener mail: Audits are just checking a box
  • (06:39) - Listener mail: David asks for alternatives to tracking hours
  • (12:58) - Listener mail: Courtney asks if they should pursue a CPA or EA
  • (23:23) - Listener mail: William asks how new accountants should approach their starting salary at firms
  • (26:33) - Is QBO starting to integrate AI into Mailchimp?
  • (27:46) - FedNow is launching in July
  • (32:59) - The ROI of IRS audits
  • (42:32) - UK's Making Tax Digital rollout is struggling
  • (48:01) - Latest on remote work
  • (51:32) - ESG startup Omnevue secures $3 million in funding
  • (54:32) - Xero announces third price increase in two years and Intuit's response
  • (56:10) - Some final thoughts and where to reach David and Blake

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

How much did Congress lose by defunding the IRS? Way more than we thought.

https://www.washingtonpost.com/opinions/interactive/2023/irs-enforcement-costs-congress-funding/

 

Elon Musk Calls Remote Work Morally Wrong 'Bullshit'    

https://www.businessinsider.com/elon-musk-remote-work-morally-wrong-get-off-high-horse-2023-5

 

ESG accounting startup Omnevue secures $3.1 million in Seed funding

https://www.finextra.com/pressarticle/97225/esg-accounting-startup-omnevue-secures-31-million-in-seed-funding

 

Credit Unions Gear Up to Build Instant Payments Ecosystems as FedNow Looms

https://www.pymnts.com/credit-unions/2023/credit-unions-prepare-build-instant-payments-ecosystems-fednow-looms/

 

FedNow’s Rollout Will Spur ‘Major Shift’ for Businesses and Digital Wallets, Says Trustly

https://www.pymnts.com/news/faster-payments/2023/fednows-rollout-will-spur-major-shift-for-businesses-and-digital-wallets-says-trustly/

 

Fintech ForwardAI, An Aggregated Direct Data Access Provider To Accounting And ERP Platforms, Launches

https://www.crowdfundinsider.com/2023/06/208515-fintech-forwardai-an-aggregated-direct-data-access-provider-to-accounting-and-erp-platforms-launches-forwardly/

 

Rethinking the CPA 150-hour requirement: There must be a change

https://www.firmofthefuture.com/training-and-certification/rethinking-150-hour-requirement/

 

Government execution of MTD ‘out of control’ as costs spiral

https://www.accountancyage.com/2023/06/16/government-execution-of-mtd-out-of-control-as-costs-spiral/


Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe


Classifieds
Client Hub - https://clienthub.app/
Future Firm Accelerate - https://futurefirmaccelerate.com/cap
Uncat - https://www.uncat.com/
Nett Tracker - https://www.nett-tracker.com/
FinDaily - https://findaily.io/
Benchmark Growth - https://marketingforaccountingfirms.com/mastermind/
Forwardly - https://www.forwardly.com/

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that...

Introducing "The Accounting Podcast" (why we changed our name)15 Jun 202300:02:24

Welcome to the new era of "The Accounting Podcast," formerly known as "The Cloud Accounting Podcast." Why the name change? This show was born out of a passion for technology's role in accounting, and over the last five years, as cloud-based tools became the norm, we broadened our scope to cover a wide range of topics. We're now delving into everything from PPP and the talent crisis to artificial intelligence, fraud, the business models of accounting firms, the IRS, politics, and much more. Our aim is to provide the best audio-based news and analysis in the accounting profession.

Celebrating an incredible milestone of 1 million downloads, we extend our heartfelt thanks to all our listeners and guests who have supported us over the years. As we step into this exciting new phase, we encourage you to engage with us - whether you're a longtime listener or just tuning in. Please send us your feedback, story ideas, or even a voicemail that we might play on the air at cloudaccountingpodcast@earmarkcpe.com.

Remember, you can earn free CPE for listening with the Earmark app. Visit earmarkcpe.com for more information. We're thrilled to have you on this journey with us, and we look forward to bringing you quality content for many more years to come! Enjoy the show.


Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let The Cloud Accounting Podcast listeners know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

AICPA Engage Recap | Intuit launches GenOS | PwC scandal in Australia14 Jun 202300:59:04

We're back from the AICPA Engage conference sharing takeaways. Also, we're talking about all the latest generative AI developments in accounting, plus the recent PwC scandal in Australia.

Sponsors
LiveFlow - https://cloudaccountingpodcast.promo/liveflow
Zoho - https://cloudaccountingpodcast.promo/zoho
Helcim - https://cloudaccountingpodcast.promo/helcim


Chapters
  • (00:00) - PREVIEW: The PwC scandal
  • (00:29) - Blake and David are back from AICPA Engage
  • (01:51) - Blake shares his mom's tax return horror story
  • (09:56) - Thoughts on the AICPA's 100th Town Hall podcast episode
  • (15:53) - How can AICPA grow Engage to be an even bigger event
  • (19:44) - It was great to see everyone at AICPA Engage
  • (25:52) - Advanced Auto Parts misses 10-Q deadline because they couldn't staff position
  • (29:18) - Accounting firms are getting sued for improper ERC returns
  • (33:05) - Checking in on the live chat
  • (35:05) - Intuit's AI announcement
  • (41:07) - CPA.com announces their own generative AI initiative
  • (42:24) - Spreadsheet company Equals launches AI Assist
  • (43:03) - ChatGPT makes up court cases in federal briefing
  • (44:20) - Ikea buys warehouse management SaaS company
  • (45:19) - Google DeepMind can create its own algorithms
  • (47:44) - Crypto scams are 5x more costly than other cyber crimes
  • (48:30) - Let's talk about PwC Australia
  • (57:46) - Wrap up and where to reach Blake and David

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

Google DeepMind’s game-playing AI just found another way to make code faster | MIT Technology Review              

https://www.technologyreview.com/2023/06/07/1074184/google-deepmind-game-ai-alphadev-algorithm-code-faster/

 

Crypto scams five times as costly as other cybercrimes says study | Accounting Today

https://www.accountingtoday.com/news/crypto-scams-five-times-as-costly-as-other-cybercrimes-says-study

 

A Man Sued Avianca Airline. His Lawyer Used ChatGPT. - The New York Times

https://www.nytimes.com/2023/05/27/nyregion/avianca-airline-lawsuit-chatgpt.html?smid=nytcore-ios-share&referringSource=articleShare

Equals Launches the First Native AI Assistant for Spreadsheets

https://www.newswire.com/news/equals-launches-the-first-native-ai-assistant-for-spreadsheets-22045667

 

Intuit introduces proprietary large language models for fintech with GenOS

https://cointelegraph.com/news/intuit-introduces-proprietary-large-language-models-for-fintech-with-genos

 

Intuit (INTU) Introduces Generative AI Operating System

https://www.zacks.com/stock/news/2105195/intuit-intu-introduces-generative-ai-operating-system?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2105195

 

Intuit Unveils Generative AI Operating System and Finance LLMs for TurboTax, Credit Karma, QuickBooks, and Mailchimp Developers    

https://voicebot.ai/2023/06/07/intuit-unveils-generative-ai-operating-system-and-finance-llms-for-turbotax-credit-karma-quickbooks-and-mailchimp-developers/

 

Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Models

https://financialpost.com/pmn/business-wire-news-releases-pmn/intuit-introduces-generative-ai-operating-system-with-custom-trained-financial-large-language-models

 

Intuit Launches GenOS: AI Operating System for Financial Data

https://medium.com/@cryptomarket06/intuit-launches-genos-ai-operating-system-for-financial-data-6bf8f161ef3a

 

IKEA Parent Ingka Acquires Supply Chain Software Solutions Provider Made4net

https://www.pymnts.com/news/retail/2023/ikea-parent-ingka-acquires-supply-chain-software-solutions-provider-made4net/

 

Landscaping Business Sues Accounting Firm Over Alleged COVID ...

https://www.law.com/dailyreportonline/2023/05/30/landscaping-business-sues-accounting-firm-over-alleged-covid-19-scheme/

 

Intuit Expert BrandVoice: How Intuit Is Leveraging AI To Catapult The Role Of Tax And Bookkeeping Experts To Deliver Confidence Inspiring Customer Experiences           

https://www.forbes.com/sites/intuit-expert/2023/05/23/how-intuit-is-leveraging-ai-to-catapult-the-role-of-tax-and-bookkeeping-experts-to-deliver-confidence-inspiring-customer-experiences/

 

 
Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (...

Building the Next Superapp with David Barrett, CEO of Expensify09 Jun 202300:47:24

David is a lifelong programmer who founded Expensify in 2008 and built it into the most popular "pre-accounting" platform on the planet. Hear David's vision for the New Expensify, in which every payment is a conversation.

Meet Our Guest:

David Barrett, CEO of Expensify
https://www.linkedin.com/in/davidmbarrett/


Learn more about Expensify

http://expensify.com

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe


Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

IRS Loses $10 Billion In Debt Ceiling Deal & Proof ChatGPT Massively Increases Productivity01 Jun 202300:59:53

Why AICPA's 12-point plan won't solve the CPA crisis; Earnings reports from Intuit, Sage, and Xero; Ramp adds AI features to spend management platform; why grads are ditching jobs at the Big Four; 70% of Gen Z employees would switch jobs for better tech, and more!

Sponsors
LiveFlow - https://cloudaccountingpodcast.promo/liveflow
Tech Guru - https://cloudaccountingpodcast.promo/techguru
Client Hub - https://cloudaccountingpodcast.promo/clienthub


Chapters
  • (00:00) - IRS Loses $10 Billion In Debt Ceiling Deal & Proof ChatGPT Massively Increases Productivity
  • (00:35) - Welcome to the show
  • (04:35) - Potential debt-ceiling deal cuts IRS funding by $10 billion
  • (07:21) - Chat GPT made workers 37% faster at completing tasks
  • (11:27) - Accounting Today has ChatGPT retake the CPA exam
  • (16:19) - Number of people taking accountancy exams drops to lowest level in 17 years
  • (18:04) - WSJ article on the accounting industry’s low starting pay problem
  • (22:16) - The AICPA's 12-point plan to solve the accountant shortage
  • (32:31) - Thetab.com article on why grads are ditching jobs at Big Four firms
  • (35:31) - Update on the IRS's Free File tax system
  • (38:36) - Let's talk about the Intuit earnings call
  • (42:39) - Sage had their earnings call
  • (44:44) - Ramp announces "Ramp Intelligence"
  • (49:32) - Employee satisfaction reached an all-time high last year
  • (51:34) - Gen Z employees would change jobs for better tech
  • (57:35) - Wrap up and where to reach us. See you at AICPA Engage!

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

New MIT Research Shows Spectacular Increase In White Collar Productivity From ChatGPT – JOSH BERSIN

https://joshbersin.com/2023/03/new-mit-research-shows-spectacular-increase-in-white-collar-productivity-from-chatgpt/

 

ChatGPT retakes CPA Exam as v4.0, passes | Accounting Today

https://www.accountingtoday.com/news/chatgpt-retakes-cpa-exam-as-v4-0-passes

 

AICPA Council approves CPA pipeline plan | Accounting Today

https://www.accountingtoday.com/news/aicpa-council-approves-cpa-pipeline-plan

 

70% of Gen Z Employees Say They Would Switch Jobs for Better Tech: Weekly Stat

https://www.cfo.com/human-capital/workforce-management/2023/05/gen-z-gen-x-baby-boomer-millennials-technology-work-environments-productivity-work-life-balance/

 

AICPA details plans to boost CPA pipeline | Accounting Today

https://www.accountingtoday.com/news/aicpa-details-plans-to-boost-cpa-pipeline

 

Overworked and underpaid: Why grads are ditching jobs at the Big Four

https://thetab.com/uk/2023/05/10/big-four-grad-scheme-whats-it-like-306634

 

The Future of AI in Finance is Here | Ramp Intelligence

https://ramp.com/intelligence

 

Numbers taking US accountancy exams drop to lowest level in 17 years | Financial Times

https://www.ft.com/content/e8dc2264-6b8d-4ed5-8bbd-e4a67e7d1e46

 

Avii Announces Significant Uplifts to Financial Modules In Avii ...

https://www.businesswire.com/news/home/20230508005420/en/Avii-Announces-Significant-Uplifts-to-Financial-Modules-In-Avii-WorkspaceTM-Platform-for-Accounting-Firms

 

Overworked and underpaid: Why grads are ditching jobs at the Big Four

https://thetab.com/uk/2023/05/10/big-four-grad-scheme-whats-it-like-306634

 

Sage Intact Launches Native AP Bill Automation to Cut Down on ...

https://www.digitaljournal.com/pr/news/pr-zen/sage-intact-launches-native-ap-bill-automation-to-cut-down-on-invoice-processing-time

 

Intuit Inc. (INTU) Q3 2023 Earnings Call Transcript              

https://seekingalpha.com/article/4606883-intuit-inc-intu-q3-2023-earnings-call-transcript

 

Intuit (INTU) Reports Q3 Earnings: What Key Metrics Have to Say

https://www.zacks.com/stock/news/2098768/intuit-intu-reports-q3-earnings-what-key-metrics-have-to-say

 

ChatGPT retakes CPA Exam as v4.0, passes            

https://www.accountingtoday.com/news/chatgpt-retakes-cpa-exam-as-v4-0-passes

 

Xero reports 28% year-over-year growth https://www.accountingtoday.com/news/xero-reports-28-year-over-year-growth

 

Pentagon Says Accounting Mistake Leaves U.S. With $3 Billion ...

https://www.wsj.com/articles/accounting-error-leaves-pentagon-with-3-billion-more-in-arms-for-ukraine-u-s-says-6d6f4576

 

AICPA details plans to boost the CPA pipeline                

https://www.accountingtoday.com/news/aicpa-details-plans-to-boost-cpa-pipeline

 

AICPA releases expanded plan for addressing CPA pipeline ...

https://www.journalofaccountancy.com/news/2023/may/aicpa-releases-expanded-plan-addressing-cpa-pipeline-challenges.html

 

IRS to pilot free tax prep system in January            

The AI Coming to Microsoft Products for Accountants with Ashley Francis, CPA30 May 202301:00:10

We're joined by Ashley the CPA (@seattle_tax) to talk about artificial intelligence coming soon to Microsoft products plus all the news you can use at the intersection of accounting and technology.

Sponsors
ShareFile - https://cloudaccountingpodcast.promo/sharefile
Tech Guru - https://cloudaccountingpodcast.promo/techguru
Helcim - https://cloudaccountingpodcast.promo/helcim


Chapters
  • (00:00) - ChatGPT is only the beginning
  • (00:58) - Introduction and welcome Ashley to the show
  • (02:47) - Microsoft Copilot updates
  • (08:43) - A new Microsoft Teams is coming
  • (10:46) - Report from Microsoft says meetings are the #1 productivity killer
  • (14:48) - A very small percentage of accountants are using these tools
  • (19:19) - How is consistency with AI?
  • (21:31) - Personalized training for these AI's
  • (30:55) - ChatGPT ads plugins
  • (34:27) - TurboTax is adding AI
  • (39:25) - Why should you learn AI now?
  • (44:09) - Tell us about your newsletter Ashley
  • (54:04) - Blake asks ChatGPT to book him a flight
  • (57:38) - Wrap up and where to reach us

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

Microsoft Crunches Some Data to Find Out Teams is the Biggest Productivity Killer at Work

https://www.goingconcern.com/microsoft-crunches-some-data-to-find-out-teams-is-the-biggest-productivity-killer-at-work/

 

The No. 1 workplace distraction that kills productivity, according to Microsoft

https://www.cnbc.com/2023/05/09/the-no-1-workplace-distraction-that-kills-productivity-according-to-microsoft.html

 
Meet our Guest, Ashley Francis, CPA
LinkedIn: https://www.linkedin.com/in/ashley-francis-0115073/
Website: https://kitchentableautomations.substack.com/

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe


Classifieds
Client Hub - https://clienthub.app/
Future Firm Accelerate - https://futurefirmaccelerate.com/cap
Uncat - https://www.uncat.com/
Nett Tracker - https://www.nett-tracker.com/
FinDaily - https://findaily.io/
Benchmark Growth - https://marketingforaccountingfirms.com/mastermind/ 

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Every Payment Is A Conversation #ExpensiCon25 May 202301:03:24

We're back from ExpensiCon in Italy with thoughts on Expensify's future and the future of spend management; a report from Kristen Keats at Accounting Today's Firm Growth Forum conference; ChatGPT coming soon to a Wendy's drive-thru near you!

Sponsors
CCH Access - https://cloudaccountingpodcast.promo/axcess
SuiteFiles - https://cloudaccountingpodcast.promo/suitefiles
Client Hub - https://cloudaccountingpodcast.promo/clienthub


Chapters
  • (00:25) - Every Payment Is A Conversation
  • (00:50) - Blake and David are back from Italy
  • (04:40) - Let’s talk about ExpensiCon
  • (09:48) - The original Expensify and ExpensiCon
  • (12:15) - The new Expensify they're building
  • (17:51) - Expensify is adding great tech support
  • (23:18) - The future of Expensify
  • (28:17) - How much do we think this event cost and playing the long game
  • (37:48) - Some general observations on Italy
  • (44:10) - Kristen Keats checks in from Accounting Today's conference
  • (51:40) - Let's hear some listener reviews of CAP
  • (52:22) - Is AI encouraging or discouraging for accountants and jobs?
  • (56:51) - Wendy's Fresh AI
  • (59:19) - ChatGPT 4 passes CPA exam
  • (01:00:42) - Wrap up and where to reach us

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

Expensify Launches Transactional Chat for Accountants - Business Wire

https://stocks.apple.com/ATL9AZYOSSKO_4jLMtB30pA 

Wendy’s to Launch AI-Powered Drive-Thru Service             

https://smallbiztrends.com/2023/05/ai-drive-thru-wendys-google-cloud.html

 

What if AI could rebuild the middle class? : Planet Money : NPR

https://www.npr.org/sections/money/2023/05/09/1174933574/what-if-ai-could-rebuild-the-middle-class


Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe


Classifieds
Client Hub - https://clienthub.app/
Future Firm Accelerate - https://futurefirmaccelerate.com/cap
Uncat - https://www.uncat.com/
Nett Tracker - https://www.nett-tracker.com/
FinDaily - https://findaily.io/

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Pig Butchering & Mouse Jiggling02 Jul 202401:02:28

Blake and David explore the intersection of AI, remote work, and accounting technology. They take a look at the phenomenon of "mouse jiggling," examine various AI tools reshaping the accounting industry, and analyze a survey showing widespread adoption of AI in the workplace. There's also a review of different AI chatbots, highlights on new AI-powered accounting startups, and a brief look at the U.S. government's online passport renewal system. This wide-ranging conversation offers valuable insights into the evolving landscape of work and technology in the digital age.

Sponsors
LiveFlow - http://accountingpodcast.promo/liveflow
RightRev - http://accountingpodcast.promo/rightrev
Makers Hub - http://accountingpodcast.promo/makershub
Genwise - http://accountingpodcast.promo/genwise


Chapters
  • (01:14) - Mouse Jiggling Scandal at Wells Fargo
  • (05:03) - Pig Butchering Scams and Synapse Bankruptcy
  • (08:55) - Return to Office Mandates and Employee Turnover
  • (11:16) - AI Tools in Accounting: Zapier Central Demo
  • (16:39) - Impact of AI on Freelance Jobs
  • (20:10) - Private Equity and Audit Board Acquisition
  • (22:43) - AI Co-Pilot for Accounting Firms: Materia Raises $6.3 Million
  • (26:42) - Technology Maturity and Firm Revenue
  • (31:25) - AI Adoption in the Workplace
  • (33:30) - AI Tools Revolutionizing Financial Reporting
  • (35:57) - The Rise of Chatbots: A Wall Street Journal Analysis
  • (37:23) - Comparing Chatbot Performance Across Different Tasks
  • (45:28) - The Future of AI in Accounting Firms
  • (54:57) - Innovations in Government Services
  • (57:23) - Wrap-Up and Announcements
 


Show Notes

Meet Zapier Central's Chrome extension: Work with your personal AI bots anywhere

https://zapier.com/blog/zapier-central-chrome-extension/

The Great AI Challenge: We Test Five Top Bots on Useful, Everyday Skills

https://www.wsj.com/tech/personal-tech/ai-chatbots-chatgpt-gemini-copilot-perplexity-claude-f9e40d26

Numeric secures $10m in Seed funding to revolutionise accounting automation

https://fintech.global/2024/05/08/numeric-secures-10m-in-seed-funding-to-revolutionise-accounting-automation/

Finaloop secures $35 Million in Series A

https://www.finextra.com/pressarticle/101198/finaloop-secures-35-million-in-series-a

June 2024 Update: Beta Release of an Online Passport Renewal System

https://travel.state.gov/content/travel/en/passports/have-passport/renew-online.html

California Board of Accountancy CPANext Survey

https://www.linkedin.com/posts/cbanews_we-want-to-hear-from-you-this-weekend-is-activity-7212584294232285184-25sa


Need CPE?

Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com


Get in Touch

Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.


Sponsorships

Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.


Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch


Subscribe

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd


Transcripts

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

ChatGPT Was Set Up To Fail The CPA Exam16 May 202300:55:22

Accounting Today said ChatGPT failed the CPA Exam — here's why that's misleading; a WSJ reporter clones herself with AI and tricks her bank and family; TurboTax tops the TV ads for tax year 2022; Audit firms remove partners who fault clients' internal controls; 80 percent of BDO Alliance partners vote to eliminate or modify the 150-hour rule

Sponsors
ShareFile - https://cloudaccountingpodcast.promo/sharefile
CCH Axcess - https://cloudaccountingpodcast.promo/axcess
SuiteFiles - https://cloudaccountingpodcast.promo/suitefiles


Chapters
  • (00:00) - ChatGPT Was Set Up To Fail The CPA Exam
  • (00:05) - Does the accounting profession give your life meaning?
  • (00:35) - Welcome to the show, David is on the road this week
  • (04:24) - Accounting Today says ChatGPT completely failed CPA exam
  • (07:23) - Blake ran some of his own tests with GPT-4 and takeaways people should get from this article
  • (12:58) - WSJ article on the potential of AI and fraud
  • (14:44) - Blake plays clips of Joanna's voice cloned compared to her actual voice
  • (18:03) - TechCrunch article on Intuit's AI journey
  • (23:10) - Accounting Today article on firms removing audit partners from engagements where they found internal control problems
  • (27:03) - Accounting Today: PCAOB turns up the heat on auditing firms
  • (30:42) - Three failed banks all had KPMG in common
  • (36:48) - Which brands spent the most money on ads around tax day 2023?
  • (38:17) - TurboTax starts sending out checks as part of "free free free" settlement
  • (39:45) - Listener email about the 150 hour rule and underpaid CPAs
  • (43:44) - BDO Alliance poll results on the 150 hour requirement
  • (47:16) - Blake buys MedEvac insurance for the first time
  • (48:16) - Some quick app news roundup
  • (53:40) - Wrap up and where to reach us

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

KPMG pens deal with MindBridge to apply AI to digital audits | Accounting Today

https://www.accountingtoday.com/news/kpmg-pens-deal-with-mindbridge-to-apply-ai-to-digital-audits

 

We ran the CPA exam through ChatGPT and it failed miserably | Accounting Today

https://www.accountingtoday.com/news/we-ran-the-cpa-exam-through-chatgpt-and-it-failed-miserably

 

I Cloned Myself With AI. She Fooled My Bank and My Family.        

https://www.wsj.com/articles/i-cloned-myself-with-ai-she-fooled-my-bank-and-my-family-356bd1a3

 

Audit firms remove partners who fault clients' internal controls | Accounting Today

https://www.accountingtoday.com/news/audit-firms-remove-partners-who-fault-clients-internal-controls

 

BDO Alliance poll of managing partners on 150-hour rule

https://twitter.com/BlakeTOliver/status/1654553693830914048

 

TurboTax customers to receive checks for $141M settlement        

https://apnews.com/article/turbotax-inuit-settlement-checks-mail-0c01cf25aa34693163886d135f7a6560

Accounting automation developer Gappify scores $10m

https://fintech.global/2023/05/02/accounting-automation-developer-gappify-scores-10m/            

 

Intuit’s shift

https://techcrunch.com/2023/04/27/intuit-ai-shift/

 

Hundreds Of Tax Prep Services Hit The Airwaves Before April https://www.insideradio.com/free/hundreds-of-tax-prep-services-hit-the-airwaves-before-april-18/article_b59beb46-e5a2-11ed-a08f-d7b730e240b8.html

 

We had ChatGPT take the CPA exam — and it failed           

https://www.accountingtoday.com/news/we-ran-the-cpa-exam-through-chatgpt-and-it-failed-miserably

 

ChatGPT Just Failed This Accounting Exam

https://www.digitalinformationworld.com/2023/04/chatgpt-just-failed-this-accounting-exam.html

 

Accounting clerk created original art on billing statements to help a patient heal

https://www.cbsnews.com/video/accounting-clerk-created-original-art-on-billing-statements-to-help-a-patient-heal/

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

AI You Can Use Today In Accounting with Giles Pearson09 May 202300:55:25

Matt Rissell of TSheets dead in apparent murder-suicide; a review of the AI features you can use right now in Client Hub, Canopy, Karbon, Financial Cents and... Sturppy?; This week's guest: Giles Pearson, CEO of Accountests

Sponsors
OnPay - https://cloudaccountingpodcast.promo/onpay
Relay - https://cloudaccountingpodcast.promo/relay
Tech Guru - https://cloudaccountingpodcast.promo/techguru


Chapters
  • (00:00) - Have your AI contact my AI
  • (00:02) - Introduction and thoughts on the horrible news of Matt Rissell

  • (00:11) - Wrap up and where to reach everyone

  • (00:31) - David has used ChatGPT to create and organize his calendar appointments

  • (05:59) - Some of the history of TSheets

  • (12:17) - Practical application of Chat GPT and AI

  • (18:28) - Giles was a partner at PwC

  • (24:04) - Blake check on the live chat discussion
  • (29:01) - Let's look at Client Hub using their AI integration to help create tasks

  • (32:11) - Lets see how Canopy can help you draft emails

  • (34:53) - What Karbon has done with email

  • (41:50) - Is Giles using AI for anything?

  • (42:44) - Financial Sense integrates with ChatGPT

  • (43:31) - Expensify's genius AI blog post

  • (45:19) - Sturppy's AI virtual CFO
  • (52:46) - Congressional letter written about AI to create tax scams

  • (54:35) - Where to learn more about Accountest and follow Giles

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

Karbon AI | Karbon         

https://karbonhq.com/feature/ai/

 

Founder of TSheets Dies in Self-Inflicted Shooting

https://www.cpapracticeadvisor.com/2023/05/04/founder-of-tsheets-dies-in-self-inflicted-shooting/79360/

 

Senators want IRS to stop AI-generated tax scams

https://www.accountingtoday.com/news/senators-want-irs-to-stop-chatgpt-generated-ai-tax-scams

 

“What is the Best Expense Management App?” according to ChatGPT?

https://blog.expensify.com/2023/05/02/what-is-the-best-expense-management-app-according-to-chatgpt/

 

TSheets founder Rissell dead after what police call attempted murder/suicide in Eagle home

https://boisedev.com/news/2023/05/04/matt-rissell-dead/

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe


Classifieds
Client Hub - https://clienthub.app/
Future Firm Accelerate - https://futurefirmaccelerate.com/cap
Uncat - https://www.uncat.com/
Nett Tracker - https://www.nett-tracker.com/
FinDaily - https://findaily.io/

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Creating Compliant Accounting Records From Complex Crypto Transactions (from the Crypto With Accountants podcast)05 May 202300:47:14

In this episode, Pat White and Rafael Casas interview Mackenzie Patel, CEO of Hash Basis, a crypto-native accounting firm based in San Francisco. Mackenzie shares her accounting background and how she got into crypto accounting. They also discuss the challenges of revenue accounting in crypto and the emerging trend of specialized crypto accounting.

Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE for listening to this episode.
Checkout the Bitwave channel on Earmark to get even more CPE

Chapters

  • (00:00) - Preview: What does Hash Basis do?
  • (00:50) - Introduction and welcome Mackenzie to the show
  • (02:04) - A little bit of Mackenzie's background
  • (04:24) - Did you instantly love accounting?
  • (10:39) - What did you do after college?
  • (11:47) - What does revenue accounting look like in crypto?
  • (13:58) - Are you seeing more accountants who specialize in crypto accounting?
  • (18:32) - How did you get into crypto specifically?
  • (20:40) - Can you walk us through some fundamentals of crypto accounting?
  • (28:31) - What is streaming payroll and payments?
  • (31:53) - What resources do you do to stay up to date on crypto and crypto accounting?
  • (34:51) - FASB guidance has come out
  • (35:31) - What do you think about wrapped tokens now being counted as impaired?
  • (42:08) - Tell us about your new company, Hash Basis
  • (44:14) - Mackenzie will be speaking at EDAS
  • (46:13) - Thanks for listening and please subscribe for new episodes


Connect with our guest, Mackenzie Patel
linkedin.com/in/mackenziepatel/
twitter.com/maccbasis

Connect with Pat

linkedin.com/in/patwhite
twitter.com/patwhite

Connect with Rafael
linkedin.com/in/rafaelcasas
twitter.com/RafaelCasasBW

Follow the Crypto With Accountants Podcast
facebook.com/CryptoAcctsPod
twitter.com/CryptoAcctsPod
linkedin.com/showcase/cryptoacctspod

Leave a review on Apple Podcasts or Podchaser

Subscribe to the Crypto With Accountants Podcast in your favorite podcast app!

This podcast is a production of the Earmark Media

Accountant Shortage Causing Negative City Credit Scores (live from Padgett REtreat)03 May 202300:53:45

Raising prices is a priority; NASBA extends time to complete CPA exam; Canopy now writes emails with AI; PwC to invest $1 billion in AI; staff not allowed to go to conferences

Sponsors
CCH Axcess - https://cloudaccountingpodcast.promo/axcess
Zoho - https://cloudaccountingpodcast.promo/zoho
Keeper - https://cloudaccountingpodcast.promo/keeper


Chapters
  • (00:05) - Preview: Accounting is in a bad place
  • (02:58) - We launched the Federal Tax Updates Podcast with Padgett and welcome to our guests
  • (07:27) - Amanda, why was this tax season harder than last?
  • (09:13) - Tell us more about the Padgett REtreat
  • (10:41) - What are some ways to think about raising your prices?
  • (13:44) - The accounting shortage is affecting cities getting credit scores
  • (22:36) - NASBA extends the time to take the CPA exam to 30 months
  • (24:48) - AI and its future in accounting
  • (27:09) - Canopy integrates ChatGPT into their suite
  • (29:09) - PWC to invest $1 billion over the next 3 years in AI
  • (33:10) - How long do you think until smaller and midsize firms will be using AI
  • (35:14) - Lili Bank promises one-button accounting
  • (46:17) - Listener mail about staff not being given chances to go to conferences
  • (49:02) - Are accounting students set up only for the benefit of the Big 4 firms?
  • (53:16) - Wrap up and thanks for listening

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

ChatGPT Fails When It Comes to Accounting, Finds Major Study

https://www.latestly.com/technology/chatgpt-fails-when-it-comes-to-accounting-finds-major-study-5078092.html

KPMG Joins MindBridge in Global Launch of AI-Assisted Audit Tech
https://news.bloombergtax.com/financial-accounting/kpmg-joins-mindbridge-in-global-launch-of-ai-assisted-audit-tech


What Microsoft’s Dynamics GP Announcement Means for the User Community

https://dynamicscommunities.com/ug/dynamics-gp-ug/what-microsofts-dynamics-gp-announcement-means-for-the-user-community/

 

ChatGPT is still no match for humans when it comes to accounting             

https://phys.org/news/2023-04-chatgpt-humans-accounting.html

 

Lili Claims Super App Status With New Accounting Platform

https://www.pymnts.com/smbs/2023/lili-claims-super-app-status-with-new-accounting-platform/

 

Leading Financial Platform, Lili, Launches 'Lili Smart' to Integrate ...

https://www.businesswire.com/news/home/20230418005500/en/Leading-Financial-Platform-Lili-Launches-%E2%80%98Lili-Smart%E2%80%99-to-Integrate-and-Consolidate-Accounting-Services-into-Small-Business-Banking

 

KPMG signs AI deal to improve audit transparency            

https://www.accountancydaily.co/kpmg-signs-ai-deal-improve-audit-transparency

 

NASBA extends time to complete the CPA exam to 30 months

https://www.accountingtoday.com/news/nasba-extends-time-to-complete-the-cpa-exam-to-30-months

 

Accounting Bachelors Degree Requirements: What You Need to Know

https://seaver.pepperdine.edu/blog/posts/accounting-bachelors-degree-requirements-what-you-need-to-know.htm

 

ChatGPT: How AI will change law, finance, accounting and property ...       

https://www.afr.com/work-and-careers/workplace/how-chatgpt-will-change-these-four-industries-20230328-p5cvzx

 

Canopy Launches ChatGPT AI in Accounting Practice Management Software

https://www.einnews.com/pr_news/629260399/canopy-launches-chatgpt-ai-in-accounting-practice-management-software

 

Accountant shortage hurts city credit scores         

https://fortune.com/2023/04/21/accountant-shortage-affecting-city-credit-scores/

 

Technology News | ⚡Study Finds ChatGPT No Match for Human When It Comes to Accounting

https://www.latestly.com/quickly/technology/study-finds-chatgpt-no-match-for-human-when-it-comes-to-accounting-5078092.html

 

PwC Stakes $1 Billion on AI Investments in Tax, Consulting Work

https://news.bloombergtax.com/financial-accounting/pwc-us-partners-with-microsoft-in-1-billion-ai-investment

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

...
What AI Will Automate In Accounting with Erica Goode, CPA27 Apr 202301:04:50

FTX had 80,000 transactions in Ask My Accountant; the crazy cost accounting behind EY's failed breakup; using ChatGPT for financial statement analysis; what the tech world thinks AI will automate in accounting and more!

Sponsors
LiveFlow - https://cloudaccountingpodcast.promo/liveflow


Chapters
  • (00:00) - CAP 329
  • (00:21) - PREVIEW: How ChatGPT saved Erica
  • (00:51) - Introduction
  • (07:30) - FTX had 80,000 transactions in Ask My Accountant
  • (11:46) - Blake plays a clip from the All-In podcast on AI accounting
  • (17:07) - ChatGPT vs real accountants and students on tests
  • (25:30) - Hector Garcia's example of using ChatGPT for analysing financial statements
  • (31:06) - Is Erica using ChatGPT at all in her firm?
  • (36:00) - EY breakup news
  • (41:55) - Donna's voicemail on her sons college tour and accounting majors
  • (48:00) - Deloitte kicks off program for high school students to earn accounting credits
  • (49:11) - Can AI help save education?
  • (52:30) - The IRS shows customer service improvements in 2023
  • (54:04) - Are accountants actually experiencing a better tax season?
  • (01:01:31) - Crazy MYOB commercial
  • (01:03:23) - Wrap up and where to reach everyone

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

Blake Oliver on Twitter: "My speaking session was selected for #Expensicon”

https://twitter.com/BlakeTOliver/status/1649440639355097088

 

SURVEY: Busy Season Looking Good - CPA Trendlines         

https://cpatrendlines.com/2023/04/10/survey-busy-season-looking-good/

 

EY Confronts Slowing Growth After Breakup Deal Fails - WSJ          

https://www.wsj.com/articles/ey-confronts-slowing-growth-after-breakup-deal-fails-9442c85d

 

Magic Workflow: AI-Powered Workflow and Process Generator   

https://clienthub.app/blog/new-feature-magic-workflowai-powered-workflow-and-process-generator/

 

Ernst & Young has axed its plan for a split of its auditing and consulting arms, marking a dramatic and costly retreat                

https://www.wsj.com/articles/ernst-young-halts-breakup-plan-bd2e2fa0


Is that the IRS with your refund? No, it's a ChatGPT scam

https://www.politico.com/newsletters/weekly-tax/2023/04/17/is-that-the-irs-with-your-refund-no-its-a-chatgpt-scam-00092169

 

Taylor Swift avoided $100 million FTX deal with securities question: lawyer https://www.businessinsider.com/taylor-swift-avoided-100-million-ftx-deal-with-securities-question-2023-4

 

ChatGPT less than 50% accurate in accounting exams, study finds https://www.accountancyage.com/2023/04/21/chatgpt-less-than-50-accurate-in-accounting-exams-study-finds/

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe


Classifieds
Client Hub - https://clienthub.app/
RightTool for QuickBooks Online - https://righttool.app
Future Firm Accelerate - https://futurefirmaccelerate.com/cap
Uncat - https://www.uncat.com/
Nett Tracker - https://www.nett-tracker.com/

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Accounting Fraud Indicator Signals Economic Trouble19 Apr 202301:01:22

The M-Score is warning that the chance of fraud is the highest in over 40 years; Did KPMG fail to issue a critical audit matter for Silicon Valley Bank?; The spreadsheet apocalypse, revisited; Former startup founder charged by prosecutors for defrauding JPMorgan Chase; EY split fails; watch out for AI voice cloning scams; and more!

Sponsors
ShareFile - https://cloudaccountingpodcast.promo/sharefile
Relay - https://cloudaccountingpodcast.promo/relay
Client Hub - https://cloudaccountingpodcast.promo/clienthub


Chapters
  • (00:00) - Preview: Incentives to allow fraudulent users
  • (00:52) - Introduction and welcome to the show
  • (03:51) - WSJ reports fraud indicator "M" score is up
  • (08:52) - Should KPMG have issued a critical audit matter for SVB?
  • (16:13) - EY no longer to split off auditing
  • (18:36) - JPMorgan defrauded for $175 million by startup founder
  • (22:05) - CPA in Bakersfield stole $355,000 from investors
  • (23:15) - Block accused of allowing fake accounts to boost their user growth numbers
  • (26:32) - Square is changing their refund policy to not refund processing fees
  • (27:47) - A few new Intuit announcements
  • (30:50) - Security risks with AI and voice cloning is happening in real life
  • (34:37) - Microsoft Loop
  • (39:18) - Nicholas asks for recs for CPAs who want to start their own small firm
  • (44:33) - Michael's email about barriers to CPA
  • (46:05) - Corey from Minnesota CPA Society shares message and website with resources
  • (47:10) - Will AI attract or detract more people to the accounting profession?
  • (55:33) - Blake co-wrote an article for CPA Practice Advisor
  • (01:00:14) - Wrap up and where to reach us

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

Intuit QuickBooks Launches Rest-of-World App Store - CPA Practice Advisor

https://www.cpapracticeadvisor.com/2023/04/11/intuit-quickbooks-launches-rest-of-world-app-store/78582/

 

EY’s leaders missed a brewing revolt at the firm’s biggest operation. Soon, their deal was scuttled

https://www.wsj.com/articles/ey-breakup-plan-doomed-by-miscalculations-and-powerful-opponents-61b7e02d

 

‘I’ve got your daughter’: Scottsdale mom warns of close call with AI voice cloning scam

https://www.azfamily.com/2023/04/10/ive-got-your-daughter-scottsdale-mom-warns-close-encounter-with-ai-voice-cloning-scam/

 

Bond losses such as those at Silicon Valley Bank could have been raised as “critical audit matters”—a measure designed to help investors decode risks and uncertainties buried in financial statements

https://www.wsj.com/articles/auditors-didnt-flag-risks-building-up-in-banks-6506585c

 

Former Start-Up Founder Charged by Prosecutors for Defrauding JPMorgan Chase

https://www.nytimes.com/2023/04/04/business/charlie-javice-jpmorgan-fraud.html

 

The Spreadsheet Apocalypse, Revisited [Chart]

https://twitter.com/johnnosta/status/1641586085640695810?s=12

 

The M-Score is warning that the chance of fraud at major companies is the highest in over 40 years, writes Numbers columnist @JoshZumbrun

https://www.wsj.com/articles/accounting-fraud-indicator-signals-coming-economic-trouble-506568a0

 

New Microsoft Loop app is built for co-creation | Microsoft 365 Blog

https://www.microsoft.com/en-us/microsoft-365/blog/2023/03/22/new-microsoft-loop-app-is-built-for-modern-co-creation/

 

Shares of the payments company formerly known as Square fell more than 20% in early trading Thursday after a short seller questioned the company’s user numbers and accused it of predatory tactics

https://www.wsj.com/articles/short-seller-hindenburg-says-jack-dorseys-payments-company-inflates-user-numbers-f3216466

 

Startup CEO charged in $175 million fraud case        

https://abcnews.go.com/Business/startup-ceo-charged-175-million-fraud-case/story?id=98363900

 

Our Obsession with Hours Is Destroying the Accounting Profession

https://www.cpapracticeadvisor.com/2023/04/12/our-obsession-with-hours-is-destroying-the-accounting-profession/78643/

 

Accounting firm EY calls off 'Project Everest' to break up firm

https://www.bbc.com/news/65247525

 

Intuit QuickBooks Launches Rest-of-World App Store

https://www.cpapracticeadvisor.com/2023/04/11/intuit-quickbooks-launches-rest-of-world-app-store/78582/

 

Intuit Mailchimp Launches Email Content Generator

https://www.destinationcrm.com/Articles/ReadArticle.aspx?ArticleID=158086

 

Mailchimp’s new GPT-powered AI tool can write marketing emails

https://www.fastcompany.com/90877547/mailchimp-gpt-powered-tool-can-write-marketing-emails


Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details,

Top Five TikTok Tax Myths (Guest: Heidi Henderson)12 Apr 202301:03:53

We’re joined by Heidi Henderson, EVP at Engineered Tax Services, for our weekly roundup of news at the intersection of accounting and technology. Topics include: How the IRS plans to spend $80 billion over the next 10 years; the top five TikTok tax myths; security issues with AI chatbots; CLA voices support for MNCPA’s 150-hour alternative; why revenue is up 20% in the top 100 firms, and more!

Sponsors
Zoho - https://cloudaccountingpodcast.promo/zoho
LiveFlow - https://cloudaccountingpodcast.promo/liveflow
Client Hub - https://cloudaccountingpodcast.promo/clienthub


Chapters
  • (00:00) - CAP 327
  • (00:04) - PREVIEW: Breast implants are a tax write off?
  • (00:48) - Welcome Heidi Henderson to the show and some background
  • (06:16) - How did you get into tax credits?
  • (08:12) - Heidi's take on ERC mills
  • (11:36) - How will the IRS spend their $80 billion?
  • (13:39) - Breakdown on how the IRS plans to spend that money
  • (22:33) - Tax advice from TikTok
  • (31:50) - What is the accounting pro's role in advising a client on taxes
  • (34:58) - Accounting Today's April Fools Day post
  • (36:51) - Minnestoa CPA Society gets a big supporter in CLA on the 150 rule
  • (41:32) - Should we move the tax deadlines?
  • (45:49) - SBF student fund for improving humanity has run dry
  • (46:59) - Revenue for the top 100 firms was up almost 20%
  • (50:47) - What impact will AI make on accounting?
  • (57:04) - What are the potential risks of AI for accountants
  • (01:01:31) - Wrap up and where to reach everyone

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

The accounting pipeline: 'Above all, try something'

https://www.accountingtoday.com/opinion/the-accounting-pipeline-above-all-try-something

 

ChatGPT Took Our CPA Public Accounting Test – Accountests Australia

https://www.au.accountests.com/blogs/news/chatgpt-took-our-cpa-public-accounting-test

 

The IRS reveals how it will spend its $80B               

https://www.accountingtoday.com/news/the-irs-reveals-how-it-will-spend-its-80b

 

GPT Predicts Which Jobs the AI will replace

https://www.reddit.com/r/Futurology/comments/128xl05/gpt_predicts_which_jobs_the_ai_will_replace/

 

CLA backs changes in 150-hour CPA requirement              

https://www.accountingtoday.com/news/cla-backs-changes-in-150-hour-cpa-requirement

 

File your taxes in 10 minutes? TurboTax says it’s possible with AI-powered ‘express lanes’

https://www.fastcompany.com/90875480/turbotax-irs-ai-file-taxes-phone-fast-lane

 

Collapse of FTX deprives academics of grants, stokes fears of forced repayment

https://www.reuters.com/technology/collapse-ftx-deprives-academics-grants-stokes-fears-forced-repayment-2023-04-06/

 

The Problem With the IRS Vow to Avoid Stepping Up Audits of Earners Under $400,000

https://www.wsj.com/articles/the-problem-with-the-irs-vow-to-avoid-stepping-up-audits-of-earners-under-400-000-6ffa5185

 

Healthy Wealthy & Wise Accountants     https://healthywealthywise.show/5

 

Three ways AI chatbots are a security disaster  | MIT Technology Review

https://www.technologyreview.com/2023/04/03/1070893/three-ways-ai-chatbots-are-a-security-disaster/

 

Accounting firm sets retirement age at 85 to avert staffing crisis | Accounting Today

https://www.accountingtoday.com/opinion/accounting-firm-sets-retirement-age-at-85-to-avert-staffing-crisis

 

CLA backs changes in 150-hour CPA requirement | Accounting Today

https://www.accountingtoday.com/news/cla-backs-changes-in-150-hour-cpa-requirement

 

The IRS reveals how it will spend its $80B | Accounting Today

https://www.accountingtoday.com/news/the-irs-reveals-how-it-will-spend-its-80b

 

ChatGPT Took Our CPA Public Accounting Test – Accountests Australia

https://www.au.accountests.com/blogs/news/chatgpt-took-our-cpa-public-accounting-test


Connect with Heidi Henderson
Website: http://engineeredtaxservices.com
LinkedIn: https://www.linkedin.com/in/heidihendersonets/

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store:

Accounting Salaries on the Rise with Adrienne Gonzalez of Going Concern05 Apr 202301:04:00

Using ChatGPT to audit; accounting salaries on the rise; misclassification of expenses at heart of Trump indictment; church sued for forcing employees to tithe; here's what you can do to help the accountant shortage; a dating sim that does your taxes; half of U.S. workers earn money from a side gig; CEOs quietly backtracking on remote work; where all the SVB depositor money went

Sponsors
OnPay - https://cloudaccountingpodcast.promo/onpay
Zoho - https://cloudaccountingpodcast.promo/zoho
Keeper - https://cloudaccountingpodcast.promo/keeper


Chapters
  • (00:00) - CAP 326
  • (00:04) - Preview: Where does hush money go on the GL?
  • (00:38) - Welcome Adrienne to the show
  • (02:55) - What impact will ChatGPT have on accounting?
  • (08:20) - Accountant salaries are rising
  • (09:35) - Blake checks in on the live stream chat
  • (12:24) - CFO Dive study with Open AI on productivity boost and some of tech concerns with AI in general
  • (16:12) - WSJ article on jobs most exposed to ChatGPT
  • (19:19) - Adrienne saved 150 hours automating a task for Going Concern
  • (22:23) - Intuit survey of accountants
  • (26:06) - The Trump indictment
  • (30:20) - Kirkland Chruch forced employees to donate 10% of salary to chruch
  • (33:12) - Back to AGI talk and will it take our jobs?
  • (44:12) - Going Concern article on dating sim game for taxes
  • (49:15) - Automating your job and having a side gig
  • (50:53) - CEO's are starting to backtrack on remote work
  • (54:39) - Follow up with Silicon Valley Bank
  • (58:25) - Relay is now the official banking partner of Profit First
  • (01:00:13) - Wrap up and where to reach everyone

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe
 

Show Notes

A dating sim that does your taxes: https://taxheaven3000.com/

The Accountant Shortage is So Bad Anime Waifu Girlfriends Are Taking Up Tax Prep Now - Going Concern               

https://www.goingconcern.com/anime-dating-sim-tax-prep-game/

Accountants are using technology to level up their businesses     

https://quickbooks.intuit.com/r/small-business-data/accountant-tech-survey-2023/

 

Where Did Startups Put Their SVB Cash?  At JP Morgan Chase      

https://www.saastr.com/where-did-startups-put-their-svb-cash-at/

 

Want to Do Your Part to Help the Accountant Shortage? Here’s What You Can Do Right Now

https://www.goingconcern.com/want-to-do-your-part-to-help-the-accountant-shortage-heres-what-you-can-do-right-now/

 

Meta, Microsoft, and Disney are reversing their bets on the metaverse

https://finance.yahoo.com/news/meta-microsoft-disney-reversing-bets-123000778.html

 

Math Teachers Stage a Calculated Protest

https://www.washingtonpost.com/archive/local/1986/04/04/math-teachers-stage-a-calculated-protest/c003ddaf-b86f-4f2b-92ca-08533f3a5896/


 
Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com
 

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch
 

Subscribe


Classifieds
Client Hub - https://clienthub.app/
Future Firm Accelerate - https://futurefirmaccelerate.com/cap
Uncat - https://www.uncat.com/
Nett Tracker - https://www.nett-tracker.com/

 
Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.
 
Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Form 4868: Extension of Time To File U.S. Individual Income Tax Return (from the Federal Tax Updates podcast)30 Mar 202300:51:30

The Federal Tax Updates podcast is a recent addition to the Earmark Media network of accounting-focused podcasts. In this episode, Roger and Annie discuss the most recent IRS updates and recommendations for tax preparers dealing with the surge of inaccurate ERC claims. They also provide some detailed insights into filing extensions for clients.

Want to hear more Federal Tax Updates episodes? Listen and subscribe at federaltaxupdates.com

Follow the Federal Tax Updates podcast on Social Media:
twitter.com/FedTaxPod
facebook.com/FedTaxPod
linkedin.com/showcase/fedtaxpod

SC Comptroller Steps Down After $3.5 Billion Error (Guest: Terrell Turner)28 Mar 202301:06:54

This Week's Guest: Terrell Turner, CPA; 85% of MNCPA members working in public accounting support an alternative to 150 hours; The Silicon Valley Bank Balance Sheet Time Bomb "Sitting In Plain Sight"; Senator Warren complains to PCAOB about sham crypto "audits"; JPMorgan Chase’s nickel bags turn out to be full of stones; PwC introduces AI chatbot for 4,000 lawyers to speed up work; Xero kills WorkflowMax

Sponsors
SuiteFiles - https://cloudaccountingpodcast.promo/suitefiles
Zoho - https://cloudaccountingpodcast.promo/zoho
Keeper - https://cloudaccountingpodcast.promo/keeper


Chapters
  • (00:00) - Cloud Accounting Podcast Episode 325
  • (00:04) - Preview: Accountants aren't eating their own dog food
  • (00:48) - Introduction and welcome Terrell Turner to the show
  • (03:09) - What does Terrell's practice do and who do they serve?
  • (04:49) - South Carolina's comptroller resigns due to $3.5 billion error
  • (09:35) - Blake and David talked to Linda about alternative CPA pathway
  • (13:42) - Blog Post on NASBA website on CPA pipeline problem
  • (17:16) - Are salaries the bigger issue?
  • (19:29) - Clip from the Financial Executive podcast
  • (25:20) - A little bit about Sillicon Valley Bank
  • (39:42) - The issue with non-profits finding auditors and throwing accountants under the bus
  • (43:05) - Elizabeth Warren writes letter to PCAOB about scam crypto "audits"
  • (44:35) - JPMorgan Chase's nickel bags turn out to be full of stones
  • (46:36) - OpenAI is connecting ChatGPT to the internet
  • (57:14) - Xero kills WorkflowMax
  • (58:57) - PwC introduces AI chatbot for 4,000 lawyers to speed up work
  • (01:05:26) - Wrap up and where to reach Terrell, Blake, & David

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Earn CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Transcript
The transcript of this episode is available by clicking on the Transcript tab at the top of this page.


Show Notes
Texas Close to Allowing CPA Candidates to Test with 120 Credits

https://www.cpapracticeadvisor.com/2023/03/22/texas-close-to-allowing-cpa-candidates-to-test-with-120-credits/78123/

 

South Carolina's Top Accountant to Step Down After $3.5 Billion Error

https://www.cpapracticeadvisor.com/2023/03/23/south-carolinas-top-accountant-to-resign-after-3-5-billion-error/78209/

 

MNCPA to Educators: "We Do Not Need New CPAs Who Have Additional College Credits; We Need More CPAs, Period."               

https://www.goingconcern.com/mncpa-to-educators-we-do-not-need-new-cpas-who-have-additional-college-credits-we-need-more-cpas-period/

 

Banks and investors are reviving a push for changes to securities accounting after the SVB collapse

https://www.wsj.com/articles/banks-investors-revive-push-for-changes-to-securities-accounting-after-svb-collapse-99caa9ce

 

PwC introduces AI chatbot for 4,000 lawyers to speed up work
https://gulfbusiness.com/pwc-introduces-ai-chatbot-for-4000-lawyers/

 

The More Things Change, the More They Stay the Same: Addressing the CPA Pipeline Crisis | NASBA

https://nasba.org/blog/2023/03/14/addressing-the-cpa-pipeline-crisis/

 

QuickBooks leans into AI in 2023 | Accounting Today

https://www.accountingtoday.com/news/quickbooks-plans-to-go-all-in-on-ai-in-2023

 

SVB's balance-sheet time bomb was 'sitting in plain sight' 

https://www.accountingtoday.com/articles/svbs-balance-sheet-time-bomb-was-sitting-in-plain-sight-short-seller-says


Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

Classifieds

Client Hub - https://clienthub.app/
Future Firm Accelerate - https://futurefirmaccelerate.com/cap
Uncat - https://www.uncat.com/
Nett Tracker - https://www.nett-tracker.com/


Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more i...

Outsourcing 101 for Accounting Firms with Kwame Agyei02 Jul 202400:25:01

Kwame Agyei, founder and CEO of Appoynt, joins Blake and David to discuss the benefits of outsourcing specific business functions like accounts receivable management. Kwame shares his unique journey from accountant to entrepreneur and offers practical advice on effectively leveraging virtual assistants while addressing common concerns around security and building trust.
 
Meet Our Guest, Kwame Agyei

LinkedIn: https://www.linkedin.com/in/kwame-agyei-b3ab1333/


Learn more about Appoynt

Website: http://www.appoynt.co.uk/

Need CPE?

Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com


Get in Touch

Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.


Sponsorships

Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.


Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch


Subscribe


Classifieds

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd


Transcripts

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Broadening Pathways to CPA with MNCPA President Linda Wedul27 Mar 202300:38:54

Join us for an exclusive interview with Linda Wedul from the MNCPA! We'll dive deep into the pressing issues surrounding the 150-hour rule, the talent shortage facing CPA firms in Minnesota, and how MNCPA is exploring alternative pathways to licensure. Tune in as we explore innovative solutions for keeping the CPA career path competitive and bridging the gap for aspiring professionals.

Broadening Pathways to the CPA Credential: https://www.mncpa.org/involvement/legislative/broadening-pathways-to-cpa/

Meet Our Guest, Linda Wedul
LinkedIn: https://www.linkedin.com/in/lindawedul/

Learn more about the Minnesota Society of CPAs
http://mncpa.org

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Heat Is On SVB Auditors & Hot Takes From A Tax Lawyer (Guest: Matt Foreman)22 Mar 202300:56:51

Matt Foreman explains what tax lawyers do; KPMG in the spotlight for signing off on SVB's books; digital bank apps benefit from SVB collapse; CLA launches paid high school accounting internships; Zoho's 10 most-installed CRM extensions of 2022; accounting talent shortage may cause city credit ratings to drop

Sponsors

Softledger - https://cloudaccountingpodcast.promo/softledger
LiveFlow - https://www.cloudaccountingpodcast.promo/liveflow
Keeper - https://www.cloudaccountingpodcast.promo/keeper



Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

  • (00:00) - CAP 324
  • (00:04) - Preview: The job of a lawyer in setting up businesses
  • (00:36) - Introduction and welcome Matt to the show
  • (04:05) - What does a tax lawyer do?
  • (08:55) - What do you do for me as a client?
  • (12:00) - What is the biggest mistake you see businesses make?
  • (16:49) - The IRS is underfunded
  • (21:42) - How often and when are clients meeting with Matt?
  • (24:02) - How will the IRS ever agree how to spend their $80 billion
  • (28:32) - Digital bank apps have benefited from SVB collapse
  • (32:59) - Auditors under scrutiny for SVB collapse
  • (36:29) - Blake's take on why auditors aren't the ones to blame
  • (42:24) - Ron Baker's audit insurance idea
  • (46:01) - CLA launches paid high school accounting internships
  • (47:16) - Zoho lists their 10 most installed CRM extensions of 2022
  • (49:40) - Accounting talent shortage can cause city credit ratings to drop
  • (55:59) - Wrap up and how to reach everyone


Show Notes

10 most-installed Zoho CRM extensions of 2022 

https://www.zoho.com/blog/marketplace/10-most-installed-Zoho-CRM-extensions-of-2022.html

SVB and Signature Bank Passed KPMG Audits Days Before Collapses
https://www.pymnts.com/digital-first-banking/2023/svb-and-signature-bank-passed-kpmg-audits-days-before-collapses/

CLA Launches Paid High School Accounting Internships in 15 ...

https://www.cpapracticeadvisor.com/2023/03/14/cla-launches-paid-high-school-accounting-internships-in-15-locations/77932/

For Banks, Guaranteeing 100% of Everyone’s Money Threatens Moral Hazard 

https://www.pymnts.com/news/regulation/2023/for-banks-guaranteeing-100percent-of-everyones-money-threatens-moral-hazard/

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

Classifieds

Client Hub - https://clienthub.app/
Future Firm Accelerate - https://futurefirmaccelerate.com/cap
Uncat - https://www.uncat.com/
Nett Tracker - https://www.nett-tracker.com/

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Two Big AI Developments for Accountants18 Mar 202300:44:10

We're talking about the release of GPT-4 and Microsoft's Copilot built into Office 365. Both will have a huge impact on accountants in the near future. Tune in to learn how!

Show Notes: 

Introducing Microsoft 365 Copilot | Microsoft 365 Blog
https://www.microsoft.com/en-us/microsoft-365/blog/2023/03/16/introducing-microsoft-365-copilot-a-whole-new-way-to-work/

GPT-4 Developer Livestream - YouTube
https://www.youtube.com/watch?v=outcGtbnMuQ

OpenAI releases GPT-4, artificial intelligence that can 'see' and do taxes
https://www.nbcnews.com/tech/tech-news/openai-gpt-4-rcna74916


Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe


Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

CPA Crisis: NASBA CEO Ken Bishop On The 150-Hour Rule & Accounting Talent Crisis15 Mar 202300:57:00

Join us for a conversation with Ken Bishop, President and CEO of NASBA, as he shares his insights into the shrinking CPA pipeline. We'll be discussing the controversial 150-hour rule and possible solutions to the growing accounting talent shortage.

Meet Ken Bishop
LinkedIn: https://www.linkedin.com/in/ken-l-bishop-5a142414/

Learn more about NASBA
Website: http://nasba.org

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe


Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

Silicon Valley Bank FAIL With Paul Barnhurst, The FP&A Guy14 Mar 202300:58:10

Guest: Paul Barnhurst, The FP&A Guy; Corporate frauds go undetected; Xero lays off 800; IRS process had a 20X improvement, and more!

Sponsors

OnPay - https://cloudaccountingpodcast.promo/onpay
Relay - https://cloudaccountingpodcast.promo/relay
Client Hub - https://cloudaccountingpodcast.promo/clienthub



Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

  • (00:00) - E323
  • (00:04) - State regulators shut down Silicon Valley Bank
  • (00:33) - Introduction and some thoughts on their Ken Bishop interview
  • (04:14) - Some background on Paul
  • (09:10) - Silicon Valley Bank is in trouble
  • (12:03) - How banks work and make money
  • (15:08) - Blake shares a tweet from a listener
  • (16:22) - Almost all corporate fraud goes undetected
  • (21:39) - News breaks that SVB has been shut down
  • (26:01) - Fireball sued for whiskey fraud
  • (27:53) - Ramp raises $5 million to build expense tracking
  • (34:12) - ChatGPT used to recover over $100k in unpaid invoices
  • (38:55) - FinTech failures and Xero's layoffs
  • (43:13) - Startup CFO used Chat GPT to create FP&A tool
  • (48:25) - Which GL will embed AI first?
  • (51:08) - Randomly assigning auditors to companies improves their quality
  • (53:42) - The IRS has already scanned 20 times more documents than all of 2022
  • (54:59) - New commissioner of IRS approved
  • (55:30) - Wrap up and where to reach everyone


Show Notes

Xero to lay off up to 800 staff as tech downturn spreads to accounting

https://www.accountingweb.co.uk/tech/accounting-software/xero-to-lay-off-up-to-800-staff-as-tech-downturn-spreads-to-accounting

 

IRS expands digital processing

https://www.accountingtoday.com/news/irs-expands-digital-processing

 

Senate approves Werfel as IRS chief

https://www.accountingtoday.com/news/senate-approves-werfel-as-irs-chief

 

Reshaping Xero to enable disciplined growth and focus

https://www.xero.com/blog/2023/03/reshaping-xero-to-enable-growth/

 

Bill.com Holdings: QuickBooks Flips From Asset To Serious Threat ...

https://seekingalpha.com/article/4585422-billcom-holdings-quickbooks-flips-from-asset-to-serious-threat

 

Ramp Raises $5 Million for User and Revenue Forecasting Platform

https://www.pymnts.com/news/investment-tracker/2023/ramp-raises-5-million-for-user-and-revenue-forecasting-platform/

 

The Week That Broke the Bank for Crypto             

https://www.pymnts.com/cryptocurrency/2023/the-week-that-broke-the-bank-for-crypto/

 

FinTech Cash Burn Totaled $12 Billion in 2022      

https://www.pymnts.com/news/fintech-investments/2023/fintech-cash-burn-totaled-12-billion-in-2022/

 

What’s going on at Silicon Valley Bank?! 

https://newsletter.dtrh.co/p/whats-going-on-at-silicon-valley

 

Silicon Valley Bank shoots self in foot      

https://techcrunch.com/2023/03/09/silicon-valley-bank-shoots-self-in-foot/

 

Most corporate fraud goes undetected  

https://www.cfobrew.com/stories/2023/01/26/most-corporate-fraud-undetected-new-study

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

Classifieds

Client Hub - https://clienthub.app/
RightTool for QuickBooks Online - https://righttool.app
Future Firm Accelerate - https://futurefirmaccelerate.com/cap
Uncat - https://www.uncat.com/
Nett Tracker - https://www.nett-tracker.com/


Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro...

Silicon Valley Bank Collapse: Understanding The Impact On Your Firm & Clients13 Mar 202300:56:48

Bank Collapse App Information:
https://bankcollapseapp.info/

Meet Our Guests:

Matthew May
LinkedIn: https://www.linkedin.com/in/thetechcpa/
Twitter: @TheTechCpa
Website: Acuity.co

Mike Moïse
LinkedIn: https://www.linkedin.com/in/mikemoise/
Twitter: @mavidormike
Website: https://www.leadwithvalue.team/

Rey Arellano, CPA PFS CGMA
LinkedIn: https://www.linkedin.com/in/reynaldoarellano/

Akshay Shrimanker
LinkedIn: https://www.linkedin.com/in/shaycpa/
Twitter: @ShayCPA
Website: Shaycpa.com

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe


Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Catching Up On AccounTech News10 Mar 202301:00:48

Majority of CAS practices support 3+ general ledgers; KPMG may have turned a blind eye to deforestation; Intuit to replace QuickBooks Desktop POS with Shopify; Startup accelerators from Intuit and AICPA

Sponsors

Tri-Merit - https://cloudaccountingpodcast.promo/trimerit
LiveFlow - https://cloudaccountingpodcast.promo/liveflow
Patriot - https://cloudaccountingpodcast.promo/patriot



Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


 

  • (00:00) - Catching Up On AccounTech News
  • (00:31) - Introduction and why we are doing this extra episode
  • (01:26) - Voice authentication in the banking industry
  • (04:29) - ESG update from David
  • (13:46) - Deloitte's Australia becomes a victim of fraud
  • (16:29) - Armanino crypto team has now started a new firm
  • (17:33) - CAAS by the numbers
  • (26:24) - Why switching from QuickBooks to Xero or vice versa is so difficult
  • (30:22) - Accounting conferences entry fees excludes average CPA from going
  • (36:28) - Listener mail on pricing
  • (41:23) - QuickBooks POS system is partnering with Shopify
  • (45:14) - AICPA and CPA.com new startup accelerator cohort
  • (48:54) - Intuit cohort of startups
  • (51:26) - Revolut struggles
  • (57:54) - How to contact Blake or David
 

Show Notes

Revolut auditor concerned over £477m in late accounts 

https://www.accountancydaily.co/revolut-auditor-questions-ps477m-late-accounts

 

Intuit Announces 2023 Cohort of Toronto Startup Accelerator Program   

http://www.businesswire.com/news/home/20230302005347/en/Intuit-Announces-2023-Cohort-of-Toronto-Startup-Accelerator-Program/?feedref=JjAwJuNHiystnCoBq_hl-SP7CEH_PxTjduXJ0SDrbU6qcp-o_pnudlUwsb5apQ1S4gUE65BTfjH3-pSuqdv0gW3cb3F4oTIgUqCPafFkgu67Ap_pA_yJ1XPgPy1DuJnY

 

The Dishonest Accounting of Net-Zero Emissions               

https://capitalandmain.com/the-dishonest-accounting-of-net-zero-emissions

 

AICPA and CPA.com Announce 2023 Startup Accelerator Cohort 

https://www.cpapracticeadvisor.com/2023/02/28/aicpa-and-cpa-com-announce-2023-startup-accelerator-cohort/77261/

 

Say Goodbye to QuickBooks Desktop Point-of-Sale           

https://www.intuitiveaccountant.com/accounting-tech/general-ledger/say-goodbye-to-quickbooks-desktop-point-of-sale/

 

AICPA & CIMA Sponsor Inaugural 'IFRS Sustainability Symposium'              

https://www.intuitiveaccountant.com/in-the-news/people-and-business/aicpa-cima-sponsor-inaugural-ifrs-sustainability-symposium/

 

Professional accountants fall out of favour on ESG assurance       

https://www.responsible-investor.com/professional-accountants-fall-out-of-favour-on-esg-assurance/

 

ESG Reporting Now Common at Large Companies, But Report ... 

https://www.cpapracticeadvisor.com/2023/02/28/esg-reporting-now-common-at-large-companies-but/77221/

 

Voice Cloning: A Blessing or a Curse for the Voice Banking Industry?         

https://www.finextra.com/blogposting/23813/voice-cloning-a-blessing-or-a-curse-for-the-voice-banking-industry

 

Revolut User Base Grows Alongside Auditor Warnings     

https://www.pymnts.com/news/digital-banking/2023/revolut-user-base-grows-alongside-auditor-warnings/

 

How auditing giant KPMG became a global sustainability leader while serving companies accused of forest destruction - ICIJ      

https://www.icij.org/investigations/deforestation-inc/audit-firms-kpmg-environmental-sustainability-logging/

 

AICPA and CPA.com announce new startup accelerator cohort for 2023 | Accounting Today          

https://www.accountingtoday.com/news/aicpa-and-cima-announce-new-startup-accelerator-cohort-for-2023

 

Xero Announces New Chief Product Officer - CPA Practice Advisor             

https://www.cpapracticeadvisor.com/2023/02/28/xero-announces-new-chief-product-officer/77265/

 

IRS Processing Returns as Fast as It Gets Them - CPA Trendlines  

https://cpatrendlines.com/2023/02/27/irs-processing-returns-as-fast-as-it-gets-them/

 

Tweet from Ryan Elblein re: cost of ENGAGE        

https://twitter.com/relblein/status/1631125387005640704?s=12&t=bI7JWUng6zVr0Ei5O2Qv3g

 

[CAP] Accounting / Finance as a percentage of Revenue 

https://mail.google.com/mail/u/0/?tab=cm#inbox/FMfcgzGrcjRMDlRGJhxfWPBrwJQzLxWQ

 

CAS by the numbers | Accounting Today                

https://www.accountingtoday.com/list/cas-by-the-numbers

 


Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and ...

Bridging the Skills Gap for New Accounting Graduates08 Mar 202301:21:26

Guest: Dr. Josh McGowan, CPA from Troy University; Blake calculates the cost of the 150-hour rule; Minnesota says AICPA & NASBA are not the regulators; Accounting department budgets at risk

Sponsors

Uncat - https://cloudaccountingpodcast.promo/uncat
LiveFlow - https://cloudaccountingpodcast.promo/liveflow
First Republic Bank - https://cloudaccountingpodcast.promo/firstrepublic 



Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


  • (00:00) - Preview: The struggle is finding students who want to be an accounting major
  • (00:49) - Josh McGowan joins the show
  • (02:08) - Why should a student choose to be an accounting major
  • (09:16) - How is accounting enrollment trending at your University?
  • (12:06) - David asks Josh survey questions from a CPA Journal article
  • (23:20) - How do we fix the work/life balance image of bigger firms
  • (25:52) - Josh tell us your personal accounting journey
  • (34:24) - Blake shares some listener mail
  • (39:05) - Are students with accounting exposure in high school better prepared for college accounting classes?
  • (40:23) - Lets talk about the 150 hour rule with Josh
  • (54:16) - Is the branding of the accounting profession the bigger problem?
  • (01:05:04) - What if we change the 150 requirement and still have a pipeline issue?
  • (01:09:21) - Should accountants even need a bachelor's degree?
  • (01:18:36) - Wrap up and where to find Josh online
Show Notes

The Beef Between the AICPA and Minnesota Over the 150 Hour Rule Heats Up

https://www.goingconcern.com/the-beef-between-the-aicpa-and-minnesota-over-the-150-hour-rule-heats-up/

 

An Update on the Future of Accounting Education             

https://www.cpajournal.com/2022/11/14/an-update-on-the-future-of-accounting-education/

 

The cost of the 150-hour rule: $2 billion 

https://www.accountingtoday.com/opinion/the-cost-of-the-150-hour-rule-2-billion

 

Former Accounting Team of FTX US Auditor Armanino Sets Up Shop as The Network Firm

https://www.coindesk.com/tech/2023/03/01/former-accounting-team-of-ftx-us-auditor-armanino-sets-up-shop-as-the-network-firm/

 

Entigrity Honored with 'Dream Companies to Work For' and 'Best ...         

https://www.prnewswire.com/in/news-releases/entigrity-honored-with-dream-companies-to-work-for-and-best-employer-brand-award-by-world-hrd-congress-301751496.html

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

Classifieds

Client Hub - https://clienthub.app/
RightTool for QuickBooks Online - https://righttool.app
Future Firm Accelerate - https://futurefirmaccelerate.com/cap

 

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

Full Transcript Available Upon Request: info@cloudaccountingpodcast.com

China Tells State Firms To Drop Big Four Auditors01 Mar 202300:56:24

IRS stuck on 1970's technology; Twitter poll says change back to 120 hours; Photos prove accounting thought leaders met; Intuit's 2023 Q2 Results

Sponsors

Relay - https://cloudaccountingpodcast.promo/relay
Zoho - https://cloudaccountingpodcast.promo/zoho
Client Hub - https://cloudaccountingpodcast.promo/clienthub



Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


  • (00:00) - China Tells State Firms to Drop Big Four
  • (00:04) - Preview: "The IRS is broken"
  • (00:48) - Blake and David recap the CPA Educators Conference
  • (08:06) - Some quick listener feedback and Blake interviewed a guest earlier in the week
  • (10:23) - China is telling firms to drop their Big 4 auditors
  • (14:09) - Some updates from Intuit's latest earnings report
  • (19:06) - Blake gives live Chat GPT demo on email responses
  • (22:41) - Vanderbilt University is getting criticized for using Chat GPT to write sympathy email to Michigan State
  • (24:04) - The IRS is using 60 year old technology and won't upgrade it
  • (29:04) - Open Secrets article on Intuit's lobbying money
  • (31:21) - Blake checks in on some live viewer chat
  • (33:07) - The Big 4 and their purpose statements
  • (36:03) - Interview with Jimmy Corley and the 150 hour rule
  • (50:52) - Blake shares a poll from Twitter on 150 hour requirement
  • (52:35) - Criticism on CPA Practice Advisors photo op and article on future of profession
  • (54:56) - Join us next week and where to reach Blake and David

Show Notes

Opinion | Badly outdated technology plagues the IRS - The Washington Post

https://www.washingtonpost.com/opinions/2023/02/22/outdated-technology-irs/

 

China urges state firms to drop Big Four auditors on data risk | Accounting Today

https://www.accountingtoday.com/articles/china-urges-state-firms-to-drop-big-four-auditors-on-data-risk

 

Twitter Poll: Should 150 college credits be required or 120 to be a CPA?

https://twitter.com/mikesyl36625988/status/1626946277127729155?s=12&t=ETTs0WOvobuoMmjCN8GztQ

What You Should Know About Changing the 150 Hour Rule Before You Debate For or Against It

https://www.goingconcern.com/150-hour-rule-changes-issues/

 

Accounting Thought Leaders Discuss Future of the Profession, Advisory Services, and Tax

https://www.cpapracticeadvisor.com/2023/02/21/accounting-thought-leaders-discuss-future-of-advisory-and-tax/76941/

 

Opinion | The IRS should not be running on 60-year-old technology

https://www.washingtonpost.com/opinions/2023/02/22/outdated-technology-irs/

 

Intuit's (INTU) Q2 Earnings and Revenues Beat Estimates

https://www.zacks.com/stock/news/2058809/intuit-s-intu-q2-earnings-and-revenues-beat-estimates?cid=CS-ZC-FT-analyst_blog|earnings_article-2058809

 

China to shift away from Big Four accounting firms           

https://asiatimes.com/2023/02/china-to-shift-away-from-big-four-accounting-firms/

 

Intuit Inc. (INTU) Q2 2023 Earnings Call Transcript              

https://seekingalpha.com/article/4581444-intuit-inc-intu-q2-2023-earnings-call-transcript

 

Intuit Reports Strong Second Quarter Results and Reiterates Full Year Guidance

http://www.businesswire.com/news/home/20230223005037/en/Intuit-Reports-Strong-Second-Quarter-Results-and-Reiterates-Full-Year-Guidance

 

How CPA Firms Are Engaging the Next Tax and Accounting Pros  

https://news.bloombergtax.com/tax-insights-and-commentary/how-cpa-firms-are-engaging-the-next-tax-and-accounting-pros

 

TurboTax parent company Intuit is pouring more money than ever into lobbying amid push for free government-run tax filing               

https://www.opensecrets.org/news/2023/02/turbotax-parent-company-intuit-is-pouring-more-money-than-ever-into-lobbying-amid-push-for-free-government-run-tax-filing/


Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

NASBA Says No Way To Lower 150-Hour Rule23 Feb 202301:15:47

Guest Randy Crabtree of The Unique CPA podcast; the UK has an accountant turnover crisis, too; should accountants unionize? Field service app Jobber raises $100 million and more!

Sponsors
SuiteFiles - https://cloudaccountingpodcast.promo/suitefiles
LiveFlow - https://cloudaccountingpodcast.promo/liveflow
Anchor - https://cloudaccountingpodcast.promo/anchor

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


  • (00:00) - Thank you to our sponsor, SuiteFiles
  • (00:26) - Preview: Why Saas businesses look horrible on paper
  • (01:08) - Introduction and welcome Randy Crabtree to the show
  • (03:04) - Some background on Randy and his firm
  • (05:14) - NASBA votes on keeping the 150 hour requirement
  • (08:56) - Will CPAs and audits even be necessary in the future?
  • (11:48) - Did Randy have to get 150 hours?
  • (15:54) - Accounting as an AP class and how to reach more high school students
  • (21:59) - Thank you to our sponsor, SuiteFiles
  • (23:25) - Checking in on the live chat
  • (27:10) - Losing accountants isn't just a United States problem
  • (29:47) - The University of Arizona partners with Deloitte for an accounting scholarship program
  • (30:35) - Blakes plays a clip from Planet Money
  • (35:08) - Thank you to our sponsor, LiveFlow
  • (36:25) - Jobber raises $100 million and the SaaS business model
  • (42:03) - Client Hub launches a free recategorized plan
  • (43:35) - Google Calendar now fights calendar spam
  • (45:23) - Thank you to our sponsor, Anchor
  • (47:02) - CFO's vow to boost their tech influence in 2023
  • (47:48) - New Zealand company Hnry, raises $35 million in series B
  • (49:03) - Chat CPA website
  • (53:16) - Zapier blog post on best AI productivity tools
  • (56:27) - Randy has to run, and another check on the chat
  • (01:00:02) - Hinge Research put out a high growth study for 2023
  • (01:01:26) - Would accountants support a type of "union" for better working conditions?
  • (01:06:49) - A few listener emails
  • (01:11:58) - Wrap up and where to reach Blake and David
  • (01:13:36) - Client Hub
  • (01:14:12) - RightTool
  • (01:14:35) - Future Firm Accelerate
  • (01:15:22) - How to advertise in these classifieds

Show Notes

The best AI productivity tools in 2023 | Zapier     

https://zapier.com/blog/best-ai-productivity-tools/

 

The Accountant Shortage Isn't Bad Enough For NASBA to Entertain Dropping the 150 Hour Requirement - Going Concern

https://www.goingconcern.com/nasba-150-hour-rule-accountant-shortage/

 

HF 1749 as introduced - 93rd Legislature (2023 - 2024)

https://www.revisor.mn.gov/bills/text.php?number=HF1749&session=ls93&version=list&session_number=0&session_year=2023&keyword_type=all&keyword=Accountancy

 

ChatCPA - Chat with an A.I. trained by a CPA        

https://www.chatcpa.io/

 

Google adds a new way to block calendar spam. Here’s how to use ithttps://www.cnbc.com/2022/07/20/how-to-block-google-calendar-spam-with-a-new-feature-that-stops-it.html

 

Client Hub Launches a Free Recategorize Plan - CPA Practice Advisor

https://www.cpapracticeadvisor.com/2023/02/13/client-hub-launches-a-free-recategorize-plan/76782/

 

NASBA upholds 150-hour education requirement for CPA licensure - Journal of Accountancy

https://www.journalofaccountancy.com/news/2023/feb/nasba-upholds-150-hour-education-requirement-for-cpa-licensure.html

 

CFOs Vow to Boost Tech Influence in 2023

https://www.cfo.com/technology/2023/02/tech-spending-2023-finance-team/

 

LinkedIn poll: Should accountants unionize?

https://www.linkedin.com/posts/blaketoliver_accountants-activity-7016853793652838402-2_cC?utm_source=share&utm_medium=member_ios
 

Self-employed bookkeeping platform Hnry books $35 million Series B

https://www.startupdaily.net/topic/funding/self-employed-bookkeeping-platform-hnry-books-35-million-series-b/

 

Jobber fixes on $100M as its platform for home services pros hits ...

https://techcrunch.com/2023/02/07/jobber-fixes-on-100m-as-its-platform-for-home-services-pros-hits-200k-users/

 

Eller College scholarship aims to promote diversity in accounting

https://azbigmedia.com/business/eller-college-scholarship-aims-to-promote-diversity-in-accounting/

 

KPMG becomes first Big Four accounting firm to cut staff in US: Report

https://www.indiatoday.in/business/story/kpmg-becomes-first-big-four-accounting-firm-to-cut-staff-in-us-2335430-2023-02-16

 

The Impact of AI on the Accounting Profession   

https://www.cpapracticeadvisor.com/2023/02/13/the-impact-of-ai-on-the-accounting-profession/76772/

 

Accounting: uncovering the hidden gem of the math department

https://www.inklingsnews.com/opinions/2023/02/10/accounting-uncovering-the-hidden-gem-of-the-math-department/

 

Third of accountants consider changing jobs        

https://www.accountancydaily.co/third-accountants-consider-changing-jobs


Get in Touch

Thanks for listening and for ...

What CFOs Are Thinking: AI, Talent Crisis, Gen Z, and More26 Jun 202400:55:02

Adam Zaki of CFO.com joins Blake and David to explore the trends reshaping the industry, from AI to the talent shortage. They dive into the murky waters of corporate financial controls and audit practices. They also examine what makes a truly effective CFO in today's dynamic business environment and why authenticity might be the most valuable trait in a leader's toolkit. Get an insider's perspective on the 150-hour CPA licensing requirement and hear ideas for reform that could revolutionize the profession.

Sponsors
Cloud Accountant Staffing - http://accountingpodcast.promo/cas
RightRev - http://accountingpodcast.promo/rightrev
Makers Hub - http://accountingpodcast.promo/makershub


Chapters
  • (01:18) - AI Trends in Finance
  • (02:27) - Adoption and Challenges of AI
  • (09:19) - Talent Shortage in Finance
  • (13:18) - Gen Z in the Finance Profession
  • (19:19) - Real Consequences of The Breakdown of Financial Controls
  • (27:04) - AT&T is Bypassing Big 4 Recruitment & Blake's Career Path
  • (28:46) - Q&A Session Begins
  • (29:23) - Would You Trade Your Job for a CFO Role?
  • (30:24) - Work-Life Balance in Accounting
  • (32:11) - Other Ways We Can Attract Talent to The Accounting Profession
  • (36:22) - Challenges in the Accounting Profession
  • (45:43) - Mentorship and Leadership in Accounting
  • (52:59) - Closing Remarks and Future Guests
 


Show Notes

Follow Adam’s stories on CFO.com: https://www.cfo.com/editors/azaki/

75% of employees use AI at work: report | CFO

 

San Francisco 49ers, MLB Star Shohei Ohtani Wrestle With Poor Financial Controls

 

34% of KPMG tax, audit and advisory interns plan to stay 5 years at first job: report | CFO

 

Gen Z Pivots from Accounting, Pursues Creative Freedom and Entrepreneurship | CFO

 

No Gimmicks, Just Authenticity: How To Attract Gen-Z Talent | CFO

 

Peacocking, newskilling and digital detox: 9 new workplace trends CFOs must know | CFO

 

Senior Leaders Nearly Twice as Likely To Receive AI Resources as Junior Staff | CFO



Need CPE?

Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com


Get in Touch

Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.


Sponsorships

Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.


Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch


Subscribe

Classifieds

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd


Transcripts

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

AICPA's 8-Point Plan To Fix The Accounting Pipeline Problem15 Feb 202301:02:24

We dissect the AICPA's plan; Short seller Hindenburg Research reports that Adani Group had 23 and 24 year-old auditors sign off on financials. WSJ asks: "How can we make accounting cool?"; Biden vows to veto GOP plan to abolish the IRS; CPA exam takers down 25% since 2018; IRS too busy to replace old computers, suspends project

Sponsors
OnPay - https://cloudaccountingpodcast.promo/onpay
Relay - https://cloudaccountingpodcast.promo/relay
First Republic Bank - https://cloudaccountingpodcast.promo/firstrepublic

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

  • (00:00) - Thank you to our sponsor, OnPay
  • (00:19) - Preview:
  • (01:01) - Introduction and some of what we'll cover this episode
  • (03:13) - NPR Marketplace interview with Adrienne Gonzalez and the struggle to find accountants
  • (10:30) - AICPA's town hall
  • (16:43) - Thank you to our sponsor, OnPay
  • (18:01) - Checking in on our live chat
  • (21:12) - Matt asks for ideas on how he should obtain his 150 hours
  • (27:47) - Thank you to our sponsor, Relay
  • (29:55) - Accounting Today article on CPA exam pass rates falling in 2022
  • (35:59) - GAO says IRS gave up on computer systems upgrade
  • (39:49) - Thank you to our sponsor, First Republic Bank
  • (40:35) - Republican bill to abolish the IRS
  • (43:15) - Lets talk about Adani Group's auditors
  • (46:20) - Tether releases latest attestation report
  • (48:51) - Nikole's voicemail and the Accounting High bracket
  • (51:32) - Company holds "funeral" for QuickBooks
  • (53:35) - Blake reads some listeners comments and feeback
  • (58:05) - Wrap up and the CAP is going ti Expensicon!
  • (59:46) - Classifieds
  • (59:48) - Client Hub
  • (01:00:24) - RightTool
  • (01:00:46) - Federal Tax Updates Podcast
  • (01:01:59) - How to advertise in these classifieds


Show Notes

How Can We Make Accounting Cool? - WSJ          

https://www.wsj.com/articles/how-can-we-make-accounting-cool-11675973909

 

If You Let 23-Year-Olds Sign Off on Audits, You're Gonna Have a Bad Time

https://www.goingconcern.com/adani-group-auditors/

 

Why there's a national shortage of accountants 

https://www.marketplace.org/2023/02/07/as-tax-season-approaches-accounting-firms-are-short-on-staff/

 

Biden Vows to Veto GOP Plan to Abolish the IRS 

https://www.cpapracticeadvisor.com/2023/02/02/biden-vows-to-veto-gop-plan-to-abolish-the-irs/76458/

 

Controller - National Women's Soccer League (New York · NY)     

https://www.teamworkonline.com/soccer-jobs/nwslsoccer/nwsl-league-office/controller-2034269

 

What’s New in FreshBooks – 2023             

https://www.freshbooks.com/blog/product-updates-2023

 

Self-employed bookkeeping platform Hnry books $35 million Series B

https://www.startupdaily.net/topic/funding/self-employed-bookkeeping-platform-hnry-books-35-million-series-b/

 

McDonalds Presidents Says California FAST Act Will Kill Restaurants

https://smallbiztrends.com/2023/01/mcdonalds-presidents-says-california-fast-act-will-hurt-small-business.html

 

New York Requires Disclosure in Small Businesses Financing

https://www.pymnts.com/news/regulation/2023/new-york-requires-disclosure-in-small-businesses-financing/

 

Almost 70K ‘questionable’ Social Security numbers used for $5.4B in pandemic-related loans: watchdog  

https://thehill.com/policy/finance/3837329-almost-70k-questionable-social-security-numbers-used-for-5-4b-in-pandemic-related-loans-watchdog/

 

The 15 largest banks in the US    

https://finance.yahoo.com/news/15-largest-banks-us-160040404.html

 

Football, lifeguarding, college and accounting      

https://hoganstand.com/article/index/326378

 

Password Managers – An Insightful Accountant Software Comparison

https://www.intuitiveaccountant.com/accounting-tech/vendor-news/password-managers-an-insightful-accountant-software-comparis/

 

IRS more likely to audit Black taxpayers 

https://www.accountingtoday.com/news/irs-more-likely-to-audit-black-taxpayers

 

Press Release- February 1, 2023: Superintendent Adrienne A. Harris Adopts Updated Regulation For Disclosure Requirements For Commercial Financing

https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202302011

 

Crypto’s One-Time Favorite Bank Faces Federal Probe Into FTX Relationship

https://www.pymnts.com/cryptocurrency/2023/cryptos-one-time-favorite-bank-faces-federal-probe-into-ftx-relationship/

 

US Bank launches automated direct deposit switching

https://bankautomationnews.com/allposts/payments/us-bank-launches-automated-direct-deposit-switching/

 

Chase to Expand Small Business Banking Workforce by 20%          

https://www.pymnts.com/digital-first-banking/2023/chase-to-expand-small-business-banking-workforce-by-20-pct/

How Intuit is Going to Save Accounting08 Feb 202301:09:58

Guest: Intuit Accountants leader Ted Callahan; The latest on QuickBooks Connect 2023; How to defend against ChatGPT stealing your job; Crypto lender Celsius used QuickBooks, too!

Sponsors
Relay - https://cloudaccountingpodcast.promo/relay
LiveFlow - https://cloudaccountingpodcast.promo/liveflow
Client Hub- https://cloudaccountingpodcast.promo/clienthub

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


  • (00:00) - Thank you to our sponsor, Relay
  • (00:26) - Intuit's "Prosperity Ladder"
  • (01:04) - Introduction: Welcome Ted Callahan to the show
  • (02:23) - Earmark launched "Crypto With Accountants"
  • (03:35) - What is Ted's job title and what does he do day to day at Intuit
  • (07:33) - What will Chat GPT and AI change in the accounting industry
  • (09:28) - Will some of Intuit's own internal technology be available for customers to use?
  • (12:08) - Thank you to our sponsor, Relay
  • (13:19) - The Intuit message has changed re: taxes
  • (18:44) - How do you respond to people who say Intuit is now an accountants competitor?
  • (22:53) - Are intuit accounting employees part time? Full time? Get benefits?
  • (26:45) - Thank you to our sponsor, LiveFlow
  • (28:02) - Expanding more on Intuit's accounting employees
  • (33:53) - What should a young owner of a small accounting firm focus on? Where is the opportunity?
  • (38:06) - Let's talk a little about pricing
  • (41:38) - Blake checks in on the live chat
  • (44:40) - Thank you to our sponsor, 3
  • (46:03) - Some thought on QuickBooks Connect 2022 and plans for QB Connect 2023
  • (50:17) - FTX and Celsius were on QuickBooks... should they have been?
  • (55:33) - ChatGPT article in Medium using accountants as examples
  • (01:04:25) - David reads a job posting and wrap up
  • (01:07:22) - Client Hub
  • (01:07:59) - RightTool
  • (01:08:21) - Federal Tax Updates Podcast
  • (01:09:35) - How to advertise in these classifieds

Show Notes

Celsius Was Using QuickBooks for Its Accounting—Just Like FTX – Decrypt

https://decrypt.co/120284/celsius-quickbooks-accounting-ftx

Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible

https://coingeek.com/celsius-tosses-scraps-to-victims-alex-mashinsky-thought-himself-infallible/

 

Celsius Network: Final report from the examiner — lies, incompetence and Ponzi schemes

https://davidgerard.co.uk/blockchain/2023/02/01/celsius-network-final-report-from-the-examiner-lies-incompetence-and-ponzi-schemes/

 

Intuit Supercharges Virtual Expert Platform with AI Enhancements to Streamline Expert-Assisted Tax Filing

https://aithority.com/machine-learning/intuit-supercharges-virtual-expert-platform-with-ai-enhancements-to-streamline-expert-assisted-tax-filing/

 

Will ChatGPT replace you?           

https://medium.com/@theo.seeds/will-chatgpt-replace-you-36b05cebe160

 

AI is not a threat to the accounting profession: as written by an AI

https://www.accountingtoday.com/opinion/ai-is-not-a-threat-to-the-accounting-profession-as-written-by-an-ai

 

Will ChatGPT replace you?. How to tell if you’re gonna lose your… | by Theo Seeds | Jan, 2023      

https://medium.com/@theo.seeds/will-chatgpt-replace-you-36b05cebe160

 

QuickBooks Live Bookkeeping Pricing - Quickbooks           

https://quickbooks.intuit.com/live/pricing/

 

QuickBooks Connect FAQ

https://quickbooksconnect.com/faq/



Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

Classifieds
Client Hub - https://clienthub.app/
RightTool for QuickBooks Online - https://righttool.app
Federal Tax Updates podcast - https://federaltaxupdates.com/

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad:

Remote Work Accountants Are More Billable03 Feb 202301:06:53

Recession needed to increase accounting grads; Amber Setter on improving the CPA pipeline; 2023 tax season officially starts; tech layoffs hit accounting tech

Sponsors
Keeper - https://cloudaccountingpodcast.promo/keeper
LiveFlow - https://cloudaccountingpodcast.promo/liveflow
Anchor - https://cloudaccountingpodcast.promo/anchor

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


  • (00:00) - Thank you to our sponsor, Keeper
  • (00:20) - Preview : Accountants are prestressed for busy season
  • (00:56) - Blake is in Tucson; Welcome Amber to the show
  • (04:29) - Who is your ideal customer for coaching?
  • (06:42) - Remote workers save an average of 72 minutes per day
  • (14:49) - Thank you to our sponsor, Keeper
  • (16:22) - YouTube Live comment from Sam on working from home
  • (18:07) - WSJ says the job market for remote workers is shrinking — but the demand is still high
  • (19:37) - Will tech layoffs lead college students to accounting?
  • (22:17) - Is it realistic for someone in tech to transition into accounting?
  • (25:43) - Thank you to our sponsor, LiveFlow
  • (27:03) - George Santos was involved in an alleged $17 million Ponzi scheme in Florida
  • (29:46) - Moody's is working on a scoring system for stable coins
  • (31:09) - Wash sales represent up to 77% of trades on unregulated crypto exchanges
  • (32:56) - The IRS released guidance on crypto check mark on 1040s
  • (33:56) - Are accountants more optimistic for the 2023 tax season
  • (37:53) - Thank you to our sponsor, Anchor
  • (39:42) - The IRS has opened an online portal where businesses can file 1099s
  • (42:08) - A few QuickBooks updates
  • (43:45) - AccountingWED article summarizing all the accounting tech layoffs
  • (46:42) - ChatGPT updates
  • (48:41) - Rocket Lawyer has launched Rocket Tax
  • (53:15) - Listener mail from Greg on his firm actually looking for more clients
  • (58:39) - Message from Jared about Right Tool
  • (01:01:33) - Wrap up, where to reach Amber, and one new review
  • (01:04:17) - Client Hub
  • (01:04:54) - RightTool
  • (01:05:16) - Federal Tax Updates Podcast
  • (01:06:30) - How to advertise in these classifieds

Show Notes

New Xero data sees US small business sales slow as consumer spending tightens

https://www.xero.com/us/media-releases/xero-small-business-insights-usa-january-2023/

 

KPMG Vice Chair Hopes All the Tech Layoffs Will Scare College Kids Into Accounting

https://www.goingconcern.com/kpmg-vice-chair-hopes-all-the-tech-layoffs-will-scare-college-kids-into-accounting/

 

TurboTax Tax Trends Report    

https://blog.turbotax.intuit.com/life/turbotax-tax-trends-report-tax-year-2021-53767/

 

The Argument for Accounting   

https://merrimacknewspaper.com/the-argument-for-accounting/

 

Accounting Software Maker IRIS Sees 30% Growth

https://www.cpapracticeadvisor.com/2023/01/24/accounting-software-maker-iris-sees-30-growth/76127/

 

IRS clarifies crypto question on tax form

https://www.accountingtoday.com/news/irs-clarifies-crypto-question-on-tax-form

 

This forensic accounting startup in Seattle is helping lawyers solve ...      

https://www.geekwire.com/2023/this-forensic-accounting-startup-in-seattle-is-helping-lawyers-solve-fraud-investigations/

 

Bookkeeper Job Description      

https://www.executivepastoronline.com/bookkeeper-job-description/

 

The Largest Accounting Firm in Kentucky Thinks a Tower Will Win the Talent War

https://www.goingconcern.com/the-largest-accounting-firm-in-kentucky-thinks-a-tower-will-win-the-talent-war/

 

Important Changes to QuickBooks Related 1099 Filing and Billing for 2023

https://www.intuitiveaccountant.com/accounting-tech/general-ledger/important-changes-to-quickbooks-related-1099-filing-and-bill/

 

Over 2 in 3 small business owners already feel burnt out in first week of 2023 Intuit QuickBooks research shows  

https://finance.yahoo.com/news/over-2-3-small-business-090000132.html

 

IRS opens 2023 tax filing season

https://www.accountingtoday.com/news/irs-opens-2023-tax-filing-season

 

Small businesses lament Sage's monthly subscription changes amid rising costs   

https://www.itpro.co.uk/software/369796/small-businesses-lament-sages-monthly-subscription-changes-amid-rising-costs

 

Rocket Lawyer Launches Tax Prep Tool for Small Business Owners

https://smallbiztrends.com/2023/01/rocket-tax-software-for-small-business.html

 

State Corporate Income Tax Rates and Brackets for 2023 

https://taxfoundation.org/state-corporate-income-tax-rates-brackets-2023/

 

3.4m still need to file tax return 

https://www.accountancydaily.co/34m-still-need-file-tax-return

 

Melio Launches Integration To Sync Payments Data with Xero   

https://www.prnewswire.com/news-releases/melio-launches-integration-to-sync-payments-data-with-xero-301728971.html

 

Firms Hope to Win With Receipt Data Solutions but Implementation Issues Abound

Transform #5: From Cashier to Director of Accounting27 Jan 202300:25:19

Meet Our Guest, Lea Briscoe
LinkedIn: https://www.linkedin.com/in/lea-briscoe-0765418/

Learn more about Purple Wave
https://www.purplewave.com/

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe


Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Make ChatGPT Fire Clients27 Jan 202301:10:08

Sponsors
Keeper - https://cloudaccountingpodcast.promo/keeper
Relay - https://cloudaccountingpodcast.promo/relay
First Republic Bank - https://cloudaccountingpodcast.promo/firstrepublic

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


  • (00:00) - Thank you to our sponsor, Keeper
  • (00:20) - Preview: Will AI replace accountants in audits
  • (01:04) - Introduction and quick recap of Blake's week in Park City
  • (03:43) - Earmark has launched a new Federal Tax Updates podcast
  • (07:15) - Source says Square is launching their own GL
  • (10:46) - Some final takeaways from skiing trip
  • (13:18) - Thank you to our sponsor, Keeper
  • (14:55) - Article about a high school student who wants to become an accountant
  • (17:56) - IRS audit rates declined further in 2022
  • (19:10) - The Tax Foundation made a graphic on the IRS backlog
  • (21:54) - Accountants need to narrow their scope in 2023
  • (23:13) - Canadian accounting firm sues employee for overbilling on timesheets
  • (28:46) - Thank you to our sponsor, Relay
  • (30:04) - "Office Space" inspired sofrware engineering scam
  • (32:40) - Are mid-career CPAs happy in your firm?
  • (36:25) - David's first reaction to Chat GPT
  • (41:28) - Thank you to our sponsor, First Republic Bank
  • (42:31) - Blake uses Chat GPT live to demonstrate what it can do
  • (47:33) - Chad Davis uses Chat GPT to write fake CAP episode intro
  • (49:46) - Somebody used Chat GPT to try to pass a chartered accountant exam in England
  • (54:45) - Paula's message and idea about a national CPA license
  • (58:38) - Tori's email on how a radical step is needed to change the AICPA
  • (59:53) - Deanna asks for best apps to import journal entries into QBO Advanced
  • (01:01:47) - Accounting firms might want to look into hiring some of these laid off tech employees
  • (01:02:26) - Checking in on the live chat discussion on ChatGPT
  • (01:04:09) - Wrap up and reminder to subscribe to our YouTube channel
  • (01:07:29) - Classifieds
  • (01:07:31) - Client Hub
  • (01:08:08) - RightTool
  • (01:08:30) - Federal Tax Updates Podcast
  • (01:09:44) - How to advertise in these classifieds

Show Notes

George Clooney to be Headline Speaker at ExpensiCon 2023 - CPA Practice Advisor

https://www.cpapracticeadvisor.com/2023/01/18/george-clooney-to-be-headline-speaker-at-expensicon-2023/75905/

 

AI chatbot falls just short on accounting exam | AccountingWEB

https://www.accountingweb.co.uk/tech/tech-pulse/ai-chatbot-falls-just-short-on-accounting-exam

 

IRS audit rates declined further in 2022 | Accounting Today

https://www.accountingtoday.com/news/irs-audit-rates-declined-further-in-2022

 

Are midcareer CPAs happy in your firm? | Accounting Today

https://www.accountingtoday.com/opinion/are-mid-career-cpas-happy-in-your-firm

 

2023 Tax Filing Season: Tax Season Delays & Complexity | Tax Foundation

https://taxfoundation.org/2023-tax-filing-season/

 

Canadian accountant is ordered to repay employer for 'time theft' : NPR

https://www.npr.org/2023/01/13/1148985075/time-tracking-software-canadian-woman-reach-cpa-court

 

'Office Space' Inspired Software Engineer's Scam, Prosecutors Say - CPA Practice Advisor

https://www.cpapracticeadvisor.com/2023/01/06/office-space-inspired-software-engineers-theft-scheme-prosecutors-say/75515/?_ga=2.116447811.479438550.1673332096-1770167994.1673332096

 

3 Game-Changing Accounting Trends to Look Out for in 2023 https://www.spiceworks.com/finance/accounting/guest-article/3-game-changing-accounting-trends-to-look-out-for/

 

Facing Busy Season ’23: 99% of Accountants Suffer Burnout

https://cpatrendlines.com/2023/01/12/facing-busy-season-23-99-of-accountants-suffer-burnout/

 

Basecamp details 'obscene' $3.2 million bill that caused it to quit the cloud

https://www.theregister.com/2023/01/16/basecamp_37signals_cloud_bill/

 

Accountant must repay employer after software shows ‘time theft’

https://www.accountingweb.co.uk/tech/practice-software/accountant-must-repay-employer-after-software-shows-time-theft

 

George Clooney to Headline Expensicon 2023      

https://www.intuitiveaccountant.com/education-hub/training-center/george-clooney-to-headline-expensicon-2023/

 

U.S. accounting watchdog faces lawsuit over its 'secretive ...        

https://www.reuters.com/legal/us-accounting-watchdog-faces-lawsuit-over-its-secretive-disciplinary-process-2023-01-20/

 

TaxBit Announces Acquisition of Digital Asset Accounting Startup ...

https://www.prnewswire.com/news-releases/taxbit-announces-acquisition-of-digital-asset-accounting-startup-tactic-301723033.html

 

The IRS names the top tax crooks of 2022

https://www.accountingtoday.com/list/the-irs-names-the-top-tax-crooks-of-2022

 

5 ideas to watch out for in accounting in 2023

https://www.accountingtoday.com/news/5-ideas-to-watch-out-for-in-accounting-in-2023

 

CryptoCFOs Launch App to Access Crypto Tax & Accounting Communi...

Transform #4: The Multi Dimensions of Vitamin Angels24 Jan 202300:21:06

Meet Our Guests:

Bonnie Forssell
LinkedIn: https://www.linkedin.com/in/bonnie-l-forssell-3534535a/

Jennifer Herbert
LinkedIn: https://www.linkedin.com/in/jennifer-herbert-a87919a5/

Learn more about Vitamin Angels
https://www.vitaminangels.org/

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe


Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

David Got Fired By His Tax Preparer20 Jan 202301:17:51

Sponsors
Zoho - https://cloudaccountingpodcast.promo/zoho
LiveFlow - https://cloudaccountingpodcast.promo/liveflow
Anchor - https://cloudaccountingpodcast.promo/anchor

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


  • (00:00) - Thank you to our sponsor, Zoho
  • (00:27) - Preview: We need to make accountants aware of accounting career paths with real work life balance
  • (01:11) - Introduction and quick overview of Blake's week and FAA meltdown
  • (11:22) - What logic did the firm give David for letting him go?
  • (21:15) - Thank you to our sponsor, Zoho
  • (22:40) - Not enough firms are offering remote work
  • (25:38) - Accountants don't need help getting clients
  • (27:56) - Blake shares a story about his friend switching firms
  • (29:44) - Blake shares a chart from CPA Trendlines
  • (33:35) - What is the starting salary for a CPA at a medium to large firm?
  • (37:16) - Thank you to our sponsor, LiveFlow
  • (38:25) - Quick follow up on the story of a recent accounting graduate choosing the military over a Big 4 firm
  • (40:06) - What is Profit First? And what do you do?
  • (46:20) - Parkinson's Law
  • (49:53) - Thank you to our sponsor, Anchor
  • (52:39) - Jennifer's voicemail about her networking event for students
  • (56:19) - Going over some comments in our live chat
  • (01:02:47) - Linda's message about Illinois lowering the CPA hours requirement from 150 to 120 hours to sit for the exam
  • (01:06:26) - Bernard's feedback on the Ron Baker episode
  • (01:10:25) - David makes a new 2023 prediciton
  • (01:11:08) - Rusty's message about North Carolina's CPA license requirements
  • (01:13:54) - Wrap up and where to reach Blake and David
  • (01:15:14) - Classifieds
  • (01:15:16) - Client Hub
  • (01:15:53) - RightTool
  • (01:16:15) - Federal Tax Updates Podcast
  • (01:17:27) - How to advertise in these classifieds

Links
More remote workers than work

https://www.linkedin.com/news/story/more-remote-workers-than-work-5073937/

http://btaxgo.com/ufadlli            

SEC Charges Genesis and Gemini Following Crypto Collapse Contagion 

https://www.pymnts.com/cryptocurrency/2023/sec-charges-genesis-and-gemini-following-crypto-collapse-contagion/

IRS Provides Tax Relief for California Storm Victims   
https://blog.turbotax.intuit.com/tax-news/irs-provides-tax-relief-for-california-storm-victims-53808/

AICPA Unveils Plans for Redesigned CPA Exam in 2024 ...

https://insidepublicaccounting.com/2023/01/aicpa-unveils-plans-for-redesigned-cpa-exam-in-2024/

2023: The Year of Crypto Compliance      

https://www.corporatecomplianceinsights.com/2023-crypto-predictions/

Quickbooks missed a golden opportunity to market itself with the FTX saga

https://medium.com/coinmonks/quickbooks-missed-a-golden-opportunity-to-market-itself-with-the-ftx-saga-d381c373af05?source=rss----721b17443fd5---4

The Financial Future: The Impact of AI on Finance and Accounting

https://medium.com/@businessbreakthrough/the-financial-future-the-impact-of-ai-on-finance-and-accounting-d8d350edcb1d

Most companies pay $11 or more per expense report

https://www.accountingtoday.com/news/most-companies-pay-11-or-more-per-processed-expense-report

Terry Smith fires darts at Meta, Apple, Unilever and accounting ...

https://www.proactiveinvestors.com/companies/news/1002893/terry-smith-fires-darts-at-meta-apple-unilever-and-accounting-practices-after-fundsmith-underperforms-1002893.html

Intuit Plans To Launch Crypto-Related Software’s

https://thecryptobasic.com/2023/01/10/intuit-plans-to-launch-crypto-related-softwares/

IRS audit rates declined further in 2022

https://www.accountingtoday.com/news/irs-audit-rates-declined-further-in-2022

Addressing the accounting hiring crisis 
https://www.accountingtoday.com/opinion/addressing-the-accounting-hiring-crisis

IRS Cultivating Ties With Crypto Companies to Combat Fraud 

https://www.pymnts.com/cryptocurrency/2023/irs-cultivating-ties-with-crypto-companies-to-combat-fraud/

Sam Bankman-Fried Tweets From Parent’s Basement, Denies Moving Funds From Alameda Research

https://beincrypto.com/sam-bankman-fried-tweets-parents-basement-denies-moving-funds-alameda-research/

Chewy CFO Seeks Labor Cost Savings via Automated Fulfillment

https://www.pymnts.com/news/retail/2023/chewy-cfo-seeks-labor-cost-savings-via-automated-fulfillment/

AICPA Says It Was Not Hacked, Refutes Report

https://www.cpapracticeadvisor.com/2023/01/12/aicpa-says-report-about/75816/

Attackers steal AICPA emails passwords 

https://cybernews.com/news/attackers-steal-aicpa-emails-passwords/


Connect with Ron Saharyan
Website: https://profitfirstprofessionals.com/
LinkedIn: https://www.linkedin.com/in/ron-saharyan-3846a8/
Twitter: <...

Transform #3: Accounting For Pest Control with Matthew Woodcock16 Jan 202300:16:51

Meet Our Guest:
Matthew Woodcock
https://www.linkedin.com/in/matthew-woodcock-230a1210/

Learn more about Sprague Pest Solutions
Website: https://www.spraguepest.com/
 
Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

 

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040
 

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com
 

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch
 

Subscribe

 

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

2023 Predictions for the Accounting Profession11 Jan 202300:51:08

Sponsors
OnPay - https://cloudaccountingpodcast.promo/onpay
LiveFlow - https://cloudaccountingpodcast.promo/liveflow
Patriot Software - https://cloudaccountingpodcast.promo/patriot

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

16:03 – Zero100 Supply Chain Predictions For 2023

https://www.forbes.com/sites/kevinomarah/2022/12/29/zero100-supply-chain-predictions-for-2023/

 

19:45 – 200262 top 10 fintech predictions for 2023

https://www.crowdfundinsider.com/2022/12/200262-top-10-fintech-predictions-for-2023/

 

36:50 – AccountingWEB quotes of the year 2022

https://www.accountingweb.co.uk/tax/hmrc-policy/accountingweb-quotes-of-the-year-2022

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

Classifieds
ClientHub - https://clienthub.app/

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

Full Transcript Available Upon Request: info@cloudaccountingpodcast.com

Transform #2: How to Support Black Female Entrepreneurship10 Jan 202300:16:28

Meet Our Guest:
Cameka Smith
LinkedIn: https://www.linkedin.com/in/camekasmith/

Learn more about The Boss Network
Website: https://www.thebossnetwork.org/
 
Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

 

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040
 

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com
 

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch
 

Subscribe

 

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 
 

Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

ChatGPT Beats Humans at Financial Statement Analysis20 Jun 202401:04:19

Sponsors
LiveFlow - http://accountingpodcast.promo/liveflow
RightRev - http://accountingpodcast.promo/rightrev
Makers Hub - http://accountingpodcast.promo/makershub


Chapters
  • (00:38) - Blake's Conference Adventures
  • (02:48) - AI and the Future of Auditing
  • (04:51) - Insights from the IMA Conference
  • (09:35) - The AI Tipping Point
  • (14:23) - Microsoft Announces Delay of Their Ai Recall Tool
  • (19:54) - AI in Financial Statement Analysis
  • (32:33) - Community and Future Plans
  • (34:46) - Synapse Bankruptcy and What It Means for FinTech Banks
  • (45:05) - PwC and OpenAI Partnership
  • (46:54) - EY Is Spending $1 Billion on Something
  • (49:03) - Big Four Compensation Insights
  • (52:31) - Fake News on Stimulus Checks
  • (56:07) - Listener Mail and Advice for Starting a Firm
  • (01:02:42) - Wrap-up and Announcements
 


Show Notes

Study: ChatGPT Better at Financial Statement Analysis Than Humans

https://nysscpa.org/news/publications/the-trusted-professional/article/study-chatgpt-better-at-financial-statement-analysis-than-humans-060524

PwC to resell ChatGPT Enterprise

https://www.accountingtoday.com/news/pwc-to-become-first-official-reseller-for-openai-for-openais-chatgpt-enterprise

EY US to invest $1 billion in compensation and technology to improve the attractiveness of the accounting profession

https://www.ey.com/en_us/newsroom/2024/06/ey-us-to-invest-1-billion-in-compensation-and-technology

Change is in the air: And it is helpful.

https://www.orcpa.org/news/13ff8628-9c17-43b1-858a-148af698c818:change-is-in-the-air-and-it-is-helpful

Potential deposit shortfall in Synapse bankruptcy falls in regulatory grey area

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/potential-deposit-shortfall-in-synapse-bankruptcy-falls-in-regulatory-grey-area-82041848

Apple brings ChatGPT to Siri as it debuts ‘Apple Intelligence’ at WWDC 2024

https://www.theguardian.com/technology/article/2024/jun/10/apple-ai-product-launch

How does Sam's Club AI work?

https://www.statesman.com/story/news/state/2024/05/02/sams-club-ai-check-receipt-exit-stores-texas-locations/73526045007/ 

How fake stories about IRS stimulus checks took over the internet

https://www.fastcompany.com/91138837/fake-stories-irs-stimulus-checks-flood-internet-google-news

Fact Check: Is The IRS Really Giving An $8700 Stimulus Check?

https://finance.yahoo.com/news/fact-check-irs-really-giving-192246766.html


Need CPE?

Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com


Get in Touch

Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.


Sponsorships

Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.


Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch


Subscribe

Classifieds

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd


Transcripts

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Transform #1: The Future of Sage with Aaron Harris, Walid Abu-Hadba, and Steve Hare08 Jan 202300:50:59

Meet Our Guests:
 
Aaron Harris, Global CTO at Sage
Website: https://www.sageintacct.com/leadership/aaron-harris
LinkedIn: https://www.linkedin.com/in/aaron-harris-7407b2/

 
Walid Abu-Hadba, Chief Product and Development Officer at Sage
LinkedIn: https://www.linkedin.com/in/walida/

 
Steve Hare
LinkedIn: https://www.linkedin.com/in/steve-hare/
Twitter: https://www.twitter.com/stevehare

Learn more about Sage
Website: https://www.sage.com/en-us/
Website: https://www.sageintacct.com/
 
Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

 

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040
 

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

 

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch
 

Subscribe

 

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Accountants Blamed for Southwest Meltdown06 Jan 202300:52:15

Sponsors
LiveFlow -
https://cloudaccountingpodcast.promo/liveflow
Zoho - https://cloudaccountingpodcast.promo/zoho

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe


Show Notes

7:30 – Larry Lonero - What happened to Southwest Airlines?

https://m.facebook.com/story.php?story_fbid=pfbid0yKYoWfoFnjNZcCBP4fz1M6nSEiaW2CqKE2E5ZGCWEHRqPretS3LVvWfqsZMkjvwml&id=1315600950&mibextid=qC1gEa

 

17:00 – Why So Many Accountants Are Quitting

https://www.wsj.com/articles/why-so-many-accountants-are-quitting-11672236016

 

25:00 – What's the Lowest Pay US Workers Would Accept for a New Job? Almost $74,000 – Bloomberg

https://trib.al/P7ACxdI

 

30:00 – FW: Promoting and Growing the CPA Profession Together

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

Classifieds

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

Full Transcript Available Upon Request: info@cloudaccountingpodcast.com

Auditing Apathy With Ron Baker30 Dec 202201:07:11

Sponsors
LiveFlow -
https://cloudaccountingpodcast.promo/liveflow
Zoho - https://cloudaccountingpodcast.promo/zoho

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

Show Notes

Buy Ron's book, "Time's Up!: The Subscription Business Model for Professional Firms": https://a.co/d/afwLczp

14:27 – FTX US auditor Armanino defends work for failed crypto exchange

https://www.ft.com/content/42087255-92ad-45b7-b5ad-3b8457e0c1f8




Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

Classifieds
RightTool for QuickBooks Online - https://righttool.app

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 

Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

© My Podcast Data