The Accounting Podcast

Blake Oliver & David Leary

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UPDATED WEEKLY

The Accounting Podcast Podcast

The Accounting Podcast (formerly the Cloud Accounting Podcast) is the world's #1 accounting, bookkeeping, and tax podcast! Join us weekly for a roundup of accounting news, analysis, and interviews. Plus, earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at https://earmarkcpe.com.

1 DAY AGO

Intuit Launches ERP, China Fines PwC, OpenAI's New Model

Blake and David explore Intuit's new Enterprise Suite, a product that appears to compete with NetSuite in the mid-market ERP space. They alsodiscuss a major audit failure by PwC in China related to Evergrande, raising concerns about the ethics and integrity at large accounting firms.They also discuss the tragic death of a young accountant at EY in India due to overwork and explore the implications of OpenAI's latest modeloutperforming humans on IQ tests. SponsorsLiveFlow - http://accountingpodcast.promo/liveflowThe Small Business Research Institute - http://accountingpodcast.promo/ceanowSafeSend - http://accountingpodcast.promo/safesend Chapters(01:32) - Intuit's New ERP System (03:43) - Target Market and Pricing Concerns (06:11) - Comparing to Competitors (18:18) - PwC's Massive Fine in China (19:04) - Evergrande's Financial Collapse (26:59) - The Bigger Picture of Audit Quality (30:08) - Australian Accountants and the PwC Debacle (31:05) - Tragic Death of EY Employee in India (33:16) - The Hypocrisy of Overwork in the Big Four (40:42) - OpenAI's New Model: A Game Changer (49:43) - Driverless Cars: The Future of Transportation (53:15) - NASBA's New Competency-Based CPA Pathway (01:01:23) - Conclusion and Farewell Show Notes Intuit Introduces Intuit Enterprise Suite to Help Businesses Grow, Streamline Operations, and Scale https://investors.intuit.com/news-events/press-releases/detail/1213/intuit-introduces-intuit-enterprise-suite-to-help-businesses-grow-streamline-operations-and-scale PwC faces record fine over Evergrande audit in China https://finance.yahoo.com/news/pwc-faces-record-fine-over-131518742.html Death of young Ernst & Young employee raises questions about workplace culture https://www.nbcnews.com/news/world/death-young-ernst-young-employee-raises-questions-workplace-culture-rcna171945 Comparison of Models: Quality, Performance & Price Analysis https://artificialanalysis.ai/models Waymo significantly outperforms comparable human benchmarks over 7+ million miles of rider-only driving https://waymo.com/blog/2023/12/waymo-significantly-outperforms-comparable-human-benchmarks-over-7-million AICPA, NASBA propose a new pathway to CPA licensure https://www.journalofaccountancy.com/news/2024/sep/cpa-competency-based-licensure-pathway.html Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe 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 Apple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/Client Hub - 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? 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

1h 4m
2 DAYS AGO

How Kenyth Got His CPA Credits in 3 months and 36 Days

Blake and David meet with Kenyth Holdefer, who shares his unconventional path to becoming a CPA. Kenyth details how he obtained his bachelor's and master's degrees in just over four months through Western Governors University's competency-based education model, followed by passing all four CPA exams within six months. Kenyth highlights his transition from a successful career in mortgages to public accounting, emphasizing the potential for alternative educational paths in addressing the accounting profession's talent shortage. Meet Our Guest, Kenyth Holdefer LinkedIn: https://www.linkedin.com/in/ken-holdefer-101745105/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe 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 Apple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast 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

26 min
4 DAYS AGO

SuiteWorld Recap & Bookkeeping Startup Raises $200M

Back from SuiteWorld, Blake and David discuss key takeaways from Oracle NetSuite's conference, including product updates and the event's growing scale. They also examine recent fundraising in the accounting-tech space, notably bookkeeping startup Finally's $200 million Series B round. Moving on, there's Big Four firm news, including PwC's layoffs and return-to-office policies, as well as a viral TikTok trend exploiting a Chase Bank ATM glitch. SponsorsLiveFlow - http://accountingpodcast.promo/liveflowThe Small Business Research Institute - http://accountingpodcast.promo/ceanowSafeSend - http://accountingpodcast.promo/safesend Chapters(00:46) - Recap of Oracle SuiteWorld Conference (02:26) - NetSuite's Growth and Market Position (12:48) - Product Announcements and AI Integration (18:56) - Listener Questions and Career Advice (26:03) - Bookkeeping Startup Raises $200 Million (29:13) - Exploring All-in-One Bookkeeping Services (30:03) - The Future of Accounting Software Market (31:31) - Mercury Bank Acquires Teal (32:12) - Challenges in Automated Bookkeeping (35:39) - Consolidation in the Financial Services Industry (38:44) - Viral TikTok ATM Glitch Exploits (42:18) - PwC Layoffs and Office Policies (50:09) - Deloitte's Olympic Gold Medalist (54:58) - Career Advice for Tech and Accounting Professionals Show Notes Oracle NetSuite – SuiteWorld https://www.netsuitesuiteworld.com/ Accounting Software Market Size With Growing Demand and Forecast to 2032 https://www.linkedin.com/pulse/accounting-software-market-size-growing-demand-qsgic/ Mercury acquires Teal https://mercury.com/blog/inside-mercury/mercury-acquires-teal Revolut Business Adds Bill Pay Feature https://www.pymnts.com/news/b2b-payments/2024/revolut-business-adds-bill-pay-feature Paylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider https://www.airbase.com/press-release/paylocity-announces-definitive-agreement-to-acquire-airbase-inc-a-leading-spend-management-software-solution-provider The Chase ATM 'glitch' that went viral is likely check fraud, bank says https://www.usatoday.com/story/money/2024/09/03/chase-bank-atm-glitch-fraud/75058813007/ PwC Laying Off 1,800 Employees in First Formal Cuts Since 2009 https://www.wsj.com/articles/pwc-laying-off-1-800-employees-plans-restructuring-of-products-business-b5dfe7c1 PwC tells employees it will use location data to police 'back-to-office' rule https://www.ctvnews.ca/business/pwc-tells-employees-it-will-use-location-data-to-police-back-to-office-rule-1.7031968 PwC Isn’t Used to Being Called Desperate But Here We Are https://www.goingconcern.com/pwc-isnt-used-to-being-called-desperate-but-here-we-are/ Deloitte rower earned gold at Paris Olympics https://www.accountingtoday.com/news/deloitte-rower-earned-gold-medal-at-paris-olympics Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe 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 Apple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast Classifieds Forwa

59 min
6 SEPT

Why EY Has The Worst Big Four PCAOB Deficiency Rate

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. SponsorsOnPay - http://accountingpodcast.promo/onpay Zoho - http://accountingpodcast.promo/zohoMakers 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.comSubscribe 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 Apple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://

1h 23m
28 AUG

Is Intuit Going Enterprise? In THIS Economy?

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. SponsorsOnPay - http://accountingpodcast.promo/onpay Relay - http://accountingpodcast.promo/relayMakers Hub - http://accountingpodcast.promo/makershub Chapters(01:50) - Intuit's Strategic Shift to Enterprise (04:42) - Intuit's Pricing and Market Position (13:11) - Economic Outlook and Accountants' Perspectives (21:45) - China's Debt and Bankruptcy System (28:52) - Listener Mail and Industry Insights (35:56) - A Compromise Between Hourly Billing and Subscription Pricing (45:33) - AI as a Personal Tutor (46:34) - Understanding SAFE Notes (54:24) - AI in Retail and Business (01:01:47) - Audit Deficiencies and Industry Issues (01:25:34) - 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.comSubscribe 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 det

1h 28m
21 AUG

Xero Now Does Bank Reconciliations!

Blake and David leap into the latest updates from Xerocon, including new features like traditional bank reconciliations, embedded bill pay with BILL and AI capabilities through JAX (Just Ask Xero). They look at Xero's strategy to double and how it compares to Intuit's mid-market growth focus. They also touch on the potential impact of QuickBooks' pricing strategy. SponsorsLendflow - http://accountingpodcast.promo/lendflowThe Small Business Research Institute - http://accountingpodcast.promo/ceanowKeeper - http://accountingpodcast.promo/keeper Chapters(01:01) - Xerocon Highlights and New Features (01:18) - Deep Dive into Xero's Bank Reconciliation (06:13) - Xero's Strategic Focus: The Three by Three Initiative (10:18) - Xero's Market Share and Competitive Strategy (17:52) - Listener Questions and Advice for Aspiring Accountants (21:37) - Xero's Upcoming Features and Integrations (40:46) - Alternative Career Paths in Accounting (41:16) - Xero's New AI Features and Bill Payments Experience (45:53) - Exploring Xero's JAX AI and Its Functionalities (54:04) - Xero's Market Strategy and Competition with QuickBooks (01:01:51) - Xerocon Highlights and Nashville Adventures (01:07:44) - The Mysterious Case of Mike Lynch (01:14:27) - Closing Remarks and Upcoming Events Show Notes New features announced at Xerocon Nashville https://blog.xero.com/product-updates/new-features-xerocon-nashville/ Intuit cut to Equal-Weight at Morgan Stanley, citing reliance on pricing lever https://seekingalpha.com/news/4139926-intuit-cut-to-equal-weight-at-morgan-stanley-citing-reliance-on-pricing-lever British entrepreneur Mike Lynch among missing after luxury yacht sinks off Sicily https://www.reuters.com/world/europe/seven-missing-15-rescued-after-sailboat-sinks-off-sicily-2024-08-19/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe 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 Apple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast ClassifiedsClient 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

1h 20m
20 AUG

Automating SOX Audits with RAG

Blake Oliver meets with Josh Poresky, a recent college graduate working in audit at RSM. Josh describes his innovative AI project that uses retrieval augmented generation (RAG) to query PCAOB audit guidelines instantly. They explore how this technology could potentially automate up to 99% of staff work for internal controls testing in SOX audits and also highlight some of the challenges and future possibilities of implementing AI in auditing processes. Meet Our Guest, Josh Poresky LinkedIn: https://www.linkedin.com/in/josh-poresky956/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe 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 Apple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast 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

15 min
16 AUG

How To Write Emails 3x Faster With AI

Blake and David discuss the slow adoption of AI tools in accounting firms, with a recent study showing low usage rates. They also explore the potential of AI to streamline tasks like email writing and fraud detection, highlighting tools like Superwhisper. Moving on, there are political discussions around tax exemptions for tips and their potential consequences, updates on the Wirecard fraud case, and insights from a study linking corporate ethics language to negative outcomes. SponsorsLendflow - http://accountingpodcast.promo/lendflow The Small Business Research Institute - http://accountingpodcast.promo/ceanowBookkeeping Biz Workshops - http://accountingpodcast.promo/bbworkshopPractice Protect - http://accountingpodcast.promo/protect Chapters(00:00) - Introduction and Welcome (00:59) - AI Tools for Accountants (01:21) - CPA Pathway Discussion (03:21) - SuperWhisper Demo (05:30) - Email Efficiency with AI (29:20) - Savannah Bananas Business Model (36:54) - LegalZoom Layoffs and Restructuring (38:35) - Challenges of Software in Service Businesses (38:51) - QuickBooks Live and Bookkeeping Models (42:19) - AI in Accounting: JPMorgan Chase's New Tool (44:33) - IRS Free File Expansion (48:26) - Debate on Taxing Tips (54:08) - Wirecard Scandal Update (55:15) - Ethical Companies and Investor Skepticism (01:00:16) - Listener Feedback and Career Advice (01:13:14) - The Accountant 2 Movie Announcement Show Notes Study finds accountants slow to adopt gen AI https://www.accountingtoday.com/news/study-finds-accountants-slow-to-adopt-gen-ai-tools Why Trump and Harris’s ‘no tax on tips’ plans may not help tipped workers https://www.washingtonpost.com/business/2024/08/13/trump-harris-tax-free-tips/ Beware When a Company Says It Is Trustworthy https://www.wsj.com/finance/investing/ethics-companies-trust-b182f2b5?mod=itp_wsj Two more Wirecard executives charged over accounting scandal https://www.reuters.com/technology/two-more-wirecard-executives-charged-over-accounting-scandal-2024-08-06/ LegalZoom Announces Leadership Transition https://investors.legalzoom.com/news-releases/news-release-details/legalzoom-announces-leadership-transition JPMorgan Launches AI Assistant for 60,000 Employees https://www.investopedia.com/jpmorgan-launches-ai-assistant-for-60000-employees-8693103 Eligible taxpayers in 12 states can file for free with IRS Direct File https://www.irs.gov/newsroom/eligible-taxpayers-in-12-states-can-file-for-free-with-irs-direct-file The Accountant 2: Official release date revealed, here’s when new episodes will air https://economictimes.indiatimes.com/news/international/us/the-accountant-2-official-release-date-revealed-heres-when-new-episodes-will-air/articleshow/112474832.cms?from=mdr Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe 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 Apple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ Client Hub - https://clienthub.app/ Want to get the word out about your newslette

1h 16m

The Accounting Podcast (formerly the Cloud Accounting Podcast) is the world's #1 accounting, bookkeeping, and tax podcast! Join us weekly for a roundup of accounting news, analysis, and interviews. Plus, earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at https://earmarkcpe.com.

Creator

Blake Oliver & David Leary
Years Active

2017 - 2024
Episodes

496
Rating

Clean
Copyright

© 2023 Earmark Media LLC
Show Website

The Accounting Podcast