Journal of Accountancy Podcast

AICPA & CIMA

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

  1. 2d ago

    The power of active listening in addressing the CPA skills gap

    Recorded at ENGAGE in Las Vegas, this episode of the JofA podcast features Carl Mayes, CPA, the AICPA's vice president–Ethics & Firm Quality, discussing the Profession Ready Initiative and the evolving skills employers expect from current and aspiring CPAs.  Mayes shares insights from discussions with more than 1,000 members, including concerns about foundational accounting skills, communication abilities, and maintaining professional skepticism in an AI-driven environment.  Mayes, who was also on the podcast in February, reflects in this episode on the profession's responsibility to prepare the next generation of CPAs and the energizing role events such as ENGAGE play in shaping new ideas across the profession. One other resource related to the conversation: the monthly A&A Focus series. What you'll learn from this episode: An early-career lesson for Mayes that underscored CPAs serving as "gatekeepers for the capital markets." What early stages of the Profession Ready Initiative have unearthed after conversations with more than 1,000 accounting professionals. Why communication skills, critical thinking, and skepticism are becoming more important in the age of AI. Why Mayes said, "Active listeners make better leaders." How employers and educators are working to close competency gaps for CPAs. What ENGAGE means to accounting professionals looking for new ideas, stronger connections, and practical innovation.

    14 min
  2. May 28

    What CPA.com's CEO sees next for AI, tax, and the profession

    In this episode, Erik Asgeirsson of CPA.com looks back and looks ahead — to the next weeks and months and also to the future of AI in the accounting profession. Asgeirsson explains how AI's acceleration in tax, audit, and client advisory services builds on lessons learned during the cloud computing transformation. He outlines where firms are seeing the biggest opportunities, why tax is emerging as a key area for innovation, and how new AI capabilities are reshaping workflows and insights.  The conversation also covers practical steps for firms to get started with AI, along with the risks to manage and the long-term shift toward higher-value advisory services. Asgeirsson was one of the creators of AICPA Town Hall back in spring of 2020. He talked about Town Hall's guiding principles, which have shaped the show and resonate with its thousands of viewers today. Resources mentioned in the episode: CPA.com's AI resource page. AICPA ENGAGE agenda. Digital CPA Conference in December. What you'll learn from this episode: How lessons from the rise of cloud computing and client advisory services can guide firms' AI strategies. Why tax is emerging as a leading area for AI-driven transformation, from research to new preparation tools. What recent advances in AI models mean for CPAs, including stronger data analysis, automation, and integration into everyday tools. How small and midsize firms can get started with AI. Why embracing AI can lead to expansion for firms into higher-value advisory work, even as they manage risks such as data security and governance. Asgeirsson's reflection on the growth of AICPA Town Hall from a pandemic-era resource to a high-production platform shaping firm strategy and responding directly to member questions. One JofA-related highlight that Asgeirsson is looking forward to at ENGAGE.

    23 min
  3. May 28

    What CPA.com's CEO sees next for AI, tax, and the profession

    In this episode, Erik Asgeirsson of CPA.com looks back and looks ahead — to the next weeks and months and also to the future of AI in the accounting profession. Asgeirsson explains how AI's acceleration in tax, audit, and client advisory services builds on lessons learned during the cloud computing transformation. He outlines where firms are seeing the biggest opportunities, why tax is emerging as a key area for innovation, and how new AI capabilities are reshaping workflows and insights.  The conversation also covers practical steps for firms to get started with AI, along with the risks to manage and the long-term shift toward higher-value advisory services. Asgeirsson was one of the creators of AICPA Town Hall back in spring of 2020. He talked about Town Hall's guiding principles, which have shaped the show and resonate with its thousands of viewers today. Resources mentioned in the episode: CPA.com's AI resource page. AICPA ENGAGE agenda. Digital CPA Conference in December. What you'll learn from this episode: How lessons from the rise of cloud computing and client advisory services can guide firms' AI strategies. Why tax is emerging as a leading area for AI-driven transformation, from research to new preparation tools. What recent advances in AI models mean for CPAs, including stronger data analysis, automation, and integration into everyday tools. How small and midsize firms can get started with AI. Why embracing AI can lead to expansion for firms into higher-value advisory work, even as they manage risks such as data security and governance. Asgeirsson's reflection on the growth of AICPA Town Hall from a pandemic-era resource to a high-production platform shaping firm strategy and responding directly to member questions. One JofA-related highlight that Asgeirsson is looking forward to at ENGAGE.

    23 min
  4. May 28

    What CPA.com's CEO sees next for AI, tax, and the profession

    In this episode, Erik Asgeirsson of CPA.com looks back and looks ahead — to the next weeks and months and also to the future of AI in the accounting profession. Asgeirsson explains how AI's acceleration in tax, audit, and client advisory services builds on lessons learned during the cloud computing transformation. He outlines where firms are seeing the biggest opportunities, why tax is emerging as a key area for innovation, and how new AI capabilities are reshaping workflows and insights.  The conversation also covers practical steps for firms to get started with AI, along with the risks to manage and the long-term shift toward higher-value advisory services. Asgeirsson was one of the creators of AICPA Town Hall back in spring of 2020. He talked about Town Hall's guiding principles, which have shaped the show and resonate with its thousands of viewers today. Resources mentioned in the episode: CPA.com's AI resource page. AICPA ENGAGE agenda. Digital CPA Conference in December. What you'll learn from this episode: How lessons from the rise of cloud computing and client advisory services can guide firms' AI strategies. Why tax is emerging as a leading area for AI-driven transformation, from research to new preparation tools. What recent advances in AI models mean for CPAs, including stronger data analysis, automation, and integration into everyday tools. How small and midsize firms can get started with AI. Why embracing AI can lead to expansion for firms into higher-value advisory work, even as they manage risks such as data security and governance. Asgeirsson's reflection on the growth of AICPA Town Hall from a pandemic-era resource to a high-production platform shaping firm strategy and responding directly to member questions. One JofA-related highlight that Asgeirsson is looking forward to at ENGAGE.

    23 min
4
out of 5
74 Ratings

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

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