Journal of Accountancy Podcast

AICPA & CIMA
  • 0.0 (0)
  • BUSINESS
  • UPDATED WEEKLY
Journal of Accountancy Podcast Podcast

The Journal of Accountancy podcast discusses the key issues facing the accounting profession.

  1. 6 DAYS AGO

    JofA highlights: Tackling accounting’s talent shortage, ChatGPT tips

    Jeff Drew, the JofA’s editor-in-chief, is the guest on today’s episode, the 400th in the history of the JofA podcast. He’s recapping for listeners some of the top articles of the summer and looking ahead to content in future issues. Drew, a former JofA senior editor and manager with the AICPA's Private Companies Practice Section, has focused on content for the daily and monthly magazines for more than a decade. He reviews or previews coverage on numerous topics, including the retirement of AICPA & CIMA CEO Barry Melancon, CPA, CGMA. Resources September JofA: HTML version | Flipbook Articles (HTML links) How academia is tackling the accounting talent shortage Rewriting accounting’s employment narrative Taxation of influencers: Gifts with strings attached? Using ChatGPT-4o with Excel Using ChatGPT to build a standard operating procedure   Summer feature articles ·         Single-owner firms: The thrill of flying solo ·         What not-for-profits need to know about UBIT ·         How CPAs can benefit from not-for-profit board service ·         Guiding not-for-profits through post-pandemic challenges ·         What to know to avoid deficient not-for-profit audits Technology Q&A ·         How to find errors in Excel formulas ·         How to create a watermark in Excel ·         Identify and delete duplicates in Excel ·         Get more out of Teams with these 5 features ·         4 features for enhancing PDFs ·         Building an HR guide with ChatGPT  Professional Liability Spotlight IRS funding and a potential rise in malpractice claims Issue links: August HTML | Flipbook July HTML | Flipbook June HTML | Flipbook Podcast episodes: Barry Melancon part 1 Barry Melancon part 2 If you have article ideas or other magazine feedback, you can reach Drew at Jeff.Drew@aicpa-cima.com. What you’ll learn from this episode: ·         The “incredible range of backstories” in an article focusing on sole practitioners and sole proprietors. ·         The focus of several recent Technology Q&A articles. ·         Highlights of a summer Professional Liability Spotlight article. ·         The link between Barry Melancon and Muhammad Ali. ·         A preview of the October digital edition of the JofA.

    21 min

  2. 12 SEPT

    AICPA chair: Why change is good, and needed, for the profession

    Carla McCall, CPA, CGMA, managing partner of the firm AAFCPAs, began her one-year term as AICPA chair in May. In this JofA podcast episode, she said that “whirlwind” was a good description of the first few months in the role, “but in a good way.” “If you truly love what you do, somehow it doesn't seem so arduous and it goes by real quick,” McCall said, labeling interactions with numerous people in the profession as “rewarding.” In this episode, McCall reflects on what she’s learned about herself, why her firm has benefited from her “front-row seat,” and her message to accountants about doing their part to grow the talent pipeline. Resources n  McCall’s June 2023 appearance on the show n  More about McCall’s points of emphasis as AICPA chair and AICPA & CIMA co-chair

    20 min

  3. 5 SEPT

    What replaced inflation as the top challenge for finance leaders

    Ken Witt, CPA, CGMA, AICPA & CIMA associate director – Management Accounting Research and Development, discusses in this JofA podcast episode the reasons that finance executives in a quarterly AICPA & CIMA survey continue to lower their optimism about the U.S. economy. He also reveals what CPA decision-makers now view as their organization’s top challenge. For the first time in a long time, it’s not inflation. On the episode that detailed the previous quarter’s survey, Witt noted that inflation “seems to be settling out a little bit.” This quarter’s survey data shows that was an accurate assessment, as inflation concerns are diminishing somewhat. What you’ll learn from this episode: ·         Details about Witt’s assessment of this quarter’s results as “interesting.” ·         The surprising parts of the third-quarter data. ·         Updated projections for revenue and profits in the coming 12 months. ·         How election-year uncertainty is affecting CPA decision-makers’ business forecasting efforts. ·         The percentage of finance executives who say that a potential lowering of the federal funds rate would have a favorable impact on their business.

    11 min

  4. 29 AUG

    Chasing the right things: Keynote speaker’s keys to contentment

    In about two months, Corey Ciocchetti will deliver a keynote session at the AICPA & CIMA Governmental and Not-for-Profit Training Program. He previewed that session in this episode of the Journal of Accountancy podcast. In the conversation, Ciocchetti discusses how he chose what law school to attend, why his more recent presentations mention the importance of civil discourse, and what he remembers about a speech by the founder of a prominent mutual fund company. What you’ll learn from this episode: ·         Why he thinks people have a hard time prioritizing friendships and pursuing a sense of contentment. ·         His decision on where to attend law school and that decision’s link to a different keynote speaker at an AICPA & CIMA event. ·         What the phrase “real rabbits” means to Ciocchetti. ·         Ciocchetti’s recall of one early student interaction that changed how he viewed audience engagement.

    13 min

  5. 22 AUG

    Potential effects of Loper Bright and Corner Post on tax practitioners

    On this episode of the JofA podcast, Melanie Lauridsen, vice president–Tax Policy & Advocacy for the AICPA, explains some of the tax-related repercussions of recent Supreme Court decisions. One case could have a dramatic effect on future rulemaking, and the other could have a decades-long retroactive effect. On June 28, the Supreme Court overturned its decision in Chevron U.S.A., Inc. v. Natural Resources Defense Council, Inc., 467 U.S. 837 (1984), holding that the Administrative Procedure Act (APA) requires courts to exercise their independent judgment in determining the meaning of statutory provisions, and courts may not defer to an agency's interpretation of the law just because a statute is ambiguous (Loper Bright Enterprises v. Raimondo, No. 22-451 (6/28/24)). On July 1, the Supreme Court decision expanded the time frame to sue federal agencies, holding that the six-year statute of limitation for lawsuits challenging regulations does not start to run until a plaintiff is injured by final agency action (Corner Post, Inc. v. Board of Governors of the Federal Reserve System, No. 22-1008 (7/1/24)). What you’ll learn from this episode: ·         Background on the Loper Bright and Corner Post decisions. ·         Why Lauridsen said that one of the rulings was unexpected. ·         Why Sec. 6045 broker regulations could now be “vulnerable.” ·         The reasons that, according to Lauridsen, the Loper Bright decision will not likely affect beneficial ownership information reporting requirements. ·         How legislators on Capitol Hill have reacted to the decisions.

    13 min

  6. 15 AUG

    Lessons learned, future in focus: Melancon looks back and ahead

    Barry Melancon, CPA, CGMA, was named the leader of the AICPA when he was in his mid-30s. Now, in his final months as CEO of AICPA & CIMA, he discusses the events that challenged the profession, risks that could be obstacles in the future, and why he’s optimistic about the role accountants play. In this conversation, the second of two parts, Melancon challenges the notion that the profession is slow to change, explains why trust will continue to be important, and emphasizes the importance of speed and competencies in continuing to evolve. Listen or read part 1 here. What you’ll learn from this episode: ·         A quick summary of the topics in part 1 of the conversation. ·         Why Melancon believes the word “passion” would be used to describe him. ·         What Melancon called “the most tumultuous period” of his career and how he viewed the profession’s emergence from that era. ·         Why speed will be important in the continued transformation of the accounting profession. ·         His thoughts on the “competency evolution” of accountants just entering the profession. ·         Melancon’s contention that it’s “naïve” to think artificial intelligence will not affect jobs.

    20 min

  7. 8 AUG

    A matter of trust: Melancon reflects on nearly 30 years as CEO

    Barry Melancon, CPA, CGMA, was named leader of the AICPA when he was in his mid-30s. Now, in his final months as CEO of AICPA & CIMA, he discusses his background and upbringing, his unlikely path from rural Louisiana to speaking to leaders around the world, and why he puts extra emphasis on trust. Part 2 of the conversation, recorded in July, will be published next week. Below are links to the previous two-part discussion with Melancon, episodes that were published in December and January: n  News and trends affecting CPAs n  Business model transformation, private equity, and more What you’ll learn from this episode: ·         More from Melancon about what he calls “a great journey.” ·         His assessment of how the profession has changed since the mid-1990s. ·         Some of the skills learned during his tenure as CEO. ·         Why he says the world is “devoid of trust.” ·         A preview of topics discussed in Part 2 of the conversation, scheduled to publish next week.

    22 min

  8. 1 AUG

    ‘Time is of the essence’: Next steps after the NPAG report release

    The National Pipeline Advisory Group published its final report on talent solutions for the accounting profession, and the group’s chair, Lexy Kessler, CPA, CGMA, joins the Journal of Accountancy podcast to hit on the high points. Kessler is AICPA vice chair and also mid-Atlantic leader for the firm Aprio. In this episode, she shares next steps for the profession. What you'll learn from this episode: An overview of the six major themes of the report. How a “plethora of perspectives” came together to address solutions for the pipeline issue. Details about addressing the time and cost of education. An explanation of the three E’s that represent the components of CPA licensure. What’s next as the recommendations move from paper to practice. How CPAs and educators can take the Pipeline Pledge.

    15 min
See All (400)

About

The Journal of Accountancy podcast discusses the key issues facing the accounting profession.

Information

  • Creator
    AICPA & CIMA
  • Years Active
    2012 - 2024
  • Episodes
    400
  • Rating
    Clean
  • Copyright
    ©2023 Association of International Certified Professional Accountants. All rights reserved.
  • Show Website
    Journal of Accountancy Podcast

You Might Also Like

To listen to explicit episodes, sign in.

Stay up to date with this show

Sign in or sign up to follow shows, save episodes and get the latest updates.
Select a country or region

Africa, Middle East, and India

Asia Pacific

Europe

Latin America and the Caribbean

The United States and Canada