The Accounting Podcast

Latest Episodes:

BOI Blocked | 57% of Firms Raising Prices | Creepy EY Bot Dec 06, 2024

Show notes

Congratulations to Blake for making Accounting Today's Top 100 Most Influential People list! Today, Blake and David dig into several significant developments in accounting, including a federal court's decision to block BOI reporting nationwide. They also examine which of the 57% of accounting firms plan to raise fees in 2025 and take a look at the AICPA's Experience Learn and Earn (ELE) program. There's also talk about new PCAOB reporting requirements for audit firms and the recent acquisition of Dext by Iris Software Group.

Sponsors
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Chapters

(00:31) - Celebrating Achievements and Social Media Impact
(02:53) - Key News Stories: Price Increases and Regulatory Changes
(03:54) - BOI Reporting Requirement Blocked
(13:58) - Raising Prices in Accounting Firms
(17:16) - Experience, Learn, and Earn Program
(22:03) - AICPA and Overtime Pay Ruling
(29:49) - PCAOB's New Reporting Requirements
(34:25) - Debating the Future of Auditing
(35:27) - Impact of AI on Auditing
(36:58) - Evaluating PCAOB's Effectiveness
(38:09) - PCAOB Sanctions and Penalties
(44:37) - Macy's Financial Controversy
(48:08) - EY's AI Interview Bot
(53:06) - AI's Impact on Productivity
(57:51) - Dext Acquisition by Iris
(01:01:35) - Closing Remarks and Future Topics

Show Notes

Accounting Today - The 2024 Top 100 Most Influential People https://arizent.brightspotcdn.com/c3/0f/2649ee17493eab95634bbc91f5f7/top-100-most-influential-people-updated.pdf

Federal Court Enjoins Enforcement of the CTA Nationwide; Reporting Companies “Need Not Comply” with January 1 Deadline

https://natlawreview.com/article/texas-federal-court-blocks-corporate-transparency-act-halts-nationwide-enforcement

Survey Says 57% of Firms Are Raising Prices Next Year

https://cpatrendlines.com/2024/11/14/survey-says-57-of-firms-are-raising-prices-next-year/

Experience, Learn, and Earn
https://experiencelearnearn.org/

Expanded Access Now Available for AICPA-NASBA ELE Program

https://nasba.org/blog/2024/11/15/expanded-access-aicpa-nasba-ele-program/

Texas Judge Tosses Biden Overtime Expansion for Millions

https://news.bloomberglaw.com/daily-labor-report/overtime-expansion-for-4-million-workers-tossed-by-texas-judge

Follow up to the "AICPA is illegally hiding salary info on job postings". After several emails, I convinced them to comply with the law

https://www.reddit.com/r/Accounting/comments/1g0ib4z/follow_up_to_the_aicpa_is_illegally_hiding_salary/

PCAOB Adopts Auditor Performance Metrics, Increased Firm Reporting Rules https://tax.thomsonreuters.com/news/pcaob-adopts-auditor-performance-metrics-increased-firm-reporting-rules

Critics see chance to close down US audit regulator under Trump

https://www.ft.com/content/e9a7247f-84fd-4df7-8163-6518954470e9

Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings

https://apnews.com/article/macys-accounting-quarter-b1cb0927d9b6a58ee4396838df7973c9

KPMG Survey: AI Adoption Across US Finance Functions Reaches Highest Levels, with ROI Exceeding Expectations

https://kpmg.com/us/en/media/news/ai-adoption-across-us-finance-functions-reaches-highest-levels.html

IRIS Software Group Announces Intent to Acquire Dext Software Ltd.

https://dext.com/us/iris-announces-intent-to-acquire-dext

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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.

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Macy's Thanksgiving Accounting Mystery Dec 02, 2024

Show notes

Blake and David examine the mysteries and motives surrounding the recent Macy's accounting scandal, where a single employee allegedly concealed $132-154 million through improper accrual entries. They also examine Trump's proposed 25% tariff plan on imports from Mexico and Canada (plus an additional 10% on China), discussing its potential impact on American businesses and consumers.

Sponsors
Zoho - http://accountingpodcast.promo/zoho
Suralink - http://accountingpodcast.promo/suralink
Cloud Accountant Staffing - http://accountingpodcast.promo/cas

Chapters

(00:46) - Macy's Accounting Error: Breaking News
(01:23) - Understanding the Impact of Macy's Error
(02:29) - The Mystery Behind Macy's Accounting Error
(02:36) - Join the Live Discussion
(03:25) - Upcoming Topics and Teasers
(04:58) - Thanking Our Sponsors
(06:25) - Diving Deeper into Macy's Accounting Mystery
(19:12) - Exploring the Fraud Triangle
(27:37) - Auditors and Materiality Standards
(31:47) - Auditors' Role in Detecting Fraud
(33:08) - Impact of Fraud on Macy's Stock
(33:30) - Challenges in Auditing Practices
(33:51) - Internal Controls and Their Limitations
(38:36) - Expense Fraud: A Growing Concern
(43:44) - AI in Auditing: The Future of Fraud Detection
(52:11) - Trump Tariffs and Their Economic Impact
(01:02:56) - Thanksgiving Reflections and Closing Remarks

Show Notes

Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings

https://apnews.com/article/macys-accounting-quarter-b1cb0927d9b6a58ee4396838df7973c9

Macy’s says accountant hid as much as $154M in expenses

https://www.cfodive.com/news/macys-says-accountant-hid-as-much-as-154m-in-expenses-retail-retailing-consumers/733960/

UPS to Pay $45 Million SEC Penalty Over Improper Valuation

https://finance.yahoo.com/news/ups-hit-45-million-penalty-144424675.html

Strippers, Christmas gifts and an RV: Workers push it with company cards

https://abcdpf.livemint.com/industry/strippers-christmas-gifts-and-an-rv-workers-push-it-with-company-cards-11732157906943.html

Ex-Jaguars employee who stole $22 million from team files lawsuit against FanDuel

https://www.nytimes.com/athletic/5809925/2024/10/01/jaguars-lawsuit-fanduel-amit-patel/

Trump's Truth Social tariffs pledge is a teachable moment for America

https://www.msnbc.com/opinion/msnbc-opinion/trump-truth-social-tariffs-deportation-thanksgiving-rcna182079

What does Trump’s latest tariff plan mean for the U.S.?

https://www.pbs.org/newshour/politics/what-does-trumps-latest-tariff-plan-mean-for-the-u-s

Walmart CFO Says They Don't Want To Raise Prices, But 'Prices Will Go Up For Consumers' Due To Upcoming Tariffs

https://finance.yahoo.com/news/walmart-cfo-says-dont-want-161640110.html

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Transcripts

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

DOGE Goes After TurboTax & Remote Work Nov 25, 2024

Show notes

Blake and David discuss Trump's proposed Department of Government Efficiency (DOGE) and its potential impact on tax filing and federal remote work policies. They analyze the Pentagon's seventh consecutive failed audit and examine Intuit's ambitious plans to expand its enterprise offerings. The duo also explores a groundbreaking study showing ChatGPT-4 outperforming human doctors in medical diagnoses, highlighting AI's growing capabilities in professional decision-making.

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Suralink - http://accountingpodcast.promo/suralink
SmartVault - http://accountingpodcast.promo/smartvault
Artiffex - http://accountingpodcast.promo/artiffex

Chapters

(00:00) - Welcome to the Accounting Podcast
(01:32) - DOGE's Impact on H&R Block and TurboTax Stocks
(02:37) - IRS Free File Program
(04:29) - Intuit's Response to DOGE Initiative
(10:23) - Remote Work for Federal Employees
(16:05) - Pentagon's Audit Failures
(22:16) - AI Outperforms Doctors in Diagnosing Illnesses
(31:52) - Boosting Productivity with ChatGPT
(35:49) - Salesforce's AI Irony
(37:55) - Anthropic's AI in Action
(45:14) - Intuit's AI Strategy and TurboTax
(48:16) - Intuit Enterprise Suite and Market Expansion
(55:07) - Closing Remarks and Future Topics

Show Notes

Coming soon!

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Transcripts

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

Trump's Tax Plans, IRS PPS Fraud, & PCAOB Drama Nov 16, 2024

Show notes

Blake and David dive into the economic implications of Trump's election victory, including proposed tariffs that could significantly impact businesses and inflation. They explore potential tax changes under a new Trump administration, from corporate rate reductions to the elimination of the SALT cap. They also examines an alarming $47 million IRS fraud scheme targeting tax practitioners and debate the future of Bitcoin as speculation grows about a potential national Bitcoin reserve.

Sponsors
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Suralink - http://accountingpodcast.promo/suralink
Cloud Accountant Staffing - http://accountingpodcast.promo/cas
Artiffex - http://accountingpodcast.promo/artiffex

Chapters

(00:00) - Welcome to The Accounting Podcast
(02:42) - Avalara Crush Conference Insights
(07:25) - AI and the Future of Tax Compliance
(12:58) - Trump's Economic Impact
(17:03) - Tariffs and Global Trade
(25:17) - Tax Proposals and Implications
(36:30) - Bitcoin's Meteoric Rise and Market Speculations
(47:20) - AI Adoption in the Workforce
(49:30) - IRS PPS Fraud: A Deep Dive
(01:00:26) - PCAOB Drama and Audit Deficiencies
(01:06:26) - BOI Reporting and AICPA's Response
(01:10:10) - Closing Remarks and CPE Information

Show Notes

How Trump Won the Economy-is-Everything Election

https://www.livemint.com/politics/news/how-trump-won-the-economy-is-everything-election-11730973573508.html

How Will Trump’s Universal and China Tariffs Impact the Economy?

https://taxfoundation.org/blog/trump-tariffs-impact-economy/

Which Workers Are Embracing AI?

https://www.chicagobooth.edu/review/which-workers-are-embracing-ai

Actions Were Not Taken to Timely Strengthen Practitioner Priority Service Telephone Line Authentication Controls

https://www.tigta.gov/sites/default/files/reports/2024-10/2025ier001fr.pdf

Fraudsters get $47 million from practitioner priority service line scheme

https://www.journalofaccountancy.com/news/2024/nov/fraudsters-get-47-million-from-practitioner-priority-service-line-scheme

Freddie Freeman on World Series MVP, Ohtani Media Mayhem and His Surprising Backup Career | Ep 109

https://www.youtube.com/watch?v=ZimDH_hW7LU

PCAOB board member complains of persecution by senators

https://www.accountingtoday.com/news/pcaob-board-member-complains-of-persecution-by-senators

AICPA to Congress: Delay needed in BOI reporting deadline

https://www.thetaxadviser.com/news/2024/nov/aicpa-to-congress-delay-needed-in-boi-reporting-deadline

New Development Re: BOI Reporting – 44 Congressmen Seek to Delay FinCEN Beneficial Ownership Reporting

https://gpwcpas.com/new-development-re-boi-reporting-44-congressmen-seek-to-delay-fincen-beneficial-ownership-reporting/

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Transcripts

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

Sasan Apologizes to Accountants at Intuit Connect Nov 08, 2024

Show notes

Blake and David examine Sasan Goodarzi's apology and lukewarm reception regarding the recent controversial TurboTax ad campaign. They also take a look at Intuit's new Enterprise Suite product, which aims to compete with NetSuite and Sage Intacct by offering multi-entity accounting capabilities at a lower price point. Moving on, there's talk of Anthropic's new Claude computing capability, EY's resignation as Super Micro Computer's auditor, and Google's declining search market share in the face of AI competition.

Sponsors
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Cloud Accountant Staffing - http://accountingpodcast.promo/cas

Chapters

(00:41) - Intuit Connect Recap
(01:12) - Intuit CEO's Apology
(09:07) - Intuit's Market Strategy
(15:20) - Intuit Enterprise Suite Demo
(29:35) - QuickBooks New Features
(36:07) - Upcoming AI Webinar Announcement
(36:41) - Feedback on AI Presentation
(37:22) - The Future of Tax Preparation with AI
(39:09) - AI in Action: Cloud Computer Use Demo
(49:21) - Fraud in Political Campaigns
(52:28) - Opportunities in Small Town Tax and Bookkeeping
(56:43) - EY Resigns as Super Micro Auditor
(01:07:14) - Conclusion and Upcoming Events
(01:07:31) - Google's Ad Revenue Threatened by AI

Show Notes

EY resigns as Super Micro auditor, causes stock to fall 33%

https://www.cnbc.com/2024/10/30/super-micro-auditor-resigns-after-raising-concerns-months-earlier.html

Intuit Connect 2024: Sasan Goodarzi on AI & the Future of Accounting

https://www.youtube.com/watch?v=1xzKztkuhRY

Introducing computer use, a new Claude 3.5 Sonnet, and Claude 3.5 Haiku

https://www.anthropic.com/news/3-5-models-and-computer-use

'All hell has broken loose': Inside Elon Musk's high-stakes pro-Trump door-knocking effort

https://www.nbcnews.com/politics/2024-election/elon-musks-high-stakes-trump-door-knocking-effort-america-pac-rcna176255

BDO must face AmTrust investors' fraud case after US appeals court backtracks

https://www.reuters.com/legal/government/column-bdo-must-face-amtrust-investors-fraud-case-after-us-appeals-court-2024-11-04/

Google’s Grip on Search Slips as TikTok and AI Startup Mount Challenge

https://www.wsj.com/tech/online-ad-market-google-tiktok-9599d7e8

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Transcripts

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

What Will Replace 150-Hour Rule? | EY CPAs Fired For Taking Too Much CPE Oct 30, 2024

Show notes

In this episode, Amber Setter returns to discuss the AICPA and NASBA's newly proposed competency-based pathway to CPA licensure, offering a 150-hour-rule alternative. They argue that the complexity of the plan might create more bureaucratic barriers rather than simplifying the process. There's also talk on the challenges facing the profession, including stagnant salaries and declining CPA numbers. Rounding out the show, they examine a recent story about EY firing employees for attending multiple online CPE courses at once.

Sponsors
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Zoho - http://accountingpodcast.promo/zoho
Cloud Accountant Staffing - http://accountingpodcast.promo/cas
Tabs - http://accountingpodcast.promo/tabs

Chapters

(02:30) - Blake's Session on Automation Toolkit
(04:46) - Sponsor Acknowledgements
(05:09) - Discussion on AICPA and NASBA Competency Pathway
(06:10) - Amber Setter's Insights on the Proposed Pathway
(10:22) - Concerns and Practical Challenges
(15:56) - Potential Impact on CPA Candidates
(28:50) - Live Stream Viewer Comments and Questions
(33:12) - Debating CPA Education Requirements
(33:39) - Personal Journey to Becoming a CPA
(34:28) - State Differences in CPA Experience Requirements
(36:44) - NASBA's Influence on State Boards
(38:57) - Challenges in CPA Firm Hiring Practices
(39:48) - Value of Prior Work Experience
(40:05) - Different CPA Licenses Across States
(42:16) - Master's Degree in Accounting: Is It Worth It?
(43:49) - Experience vs. Education in CPA Training
(48:43) - The Appeal of Starting Your Own Firm
(54:57) - EY's Controversial CPE Policy
(57:51) - Innovative CPE Solutions with Earmark
(58:37) - Future of CPE and Mental Health Initiatives
(01:04:24) - Conclusion and Final Thoughts

Show Notes

Exposure draft: Proposed “CPA Competency-Based Experience Pathway”

https://www.aicpa-cima.com/certifications/download/exposure-draft-proposed-cpa-competency-based-experience-pathway

Educational Requirements for CPA Licensure

https://www.dca.ca.gov/cba/applicants/ed-requirements.shtml

EY Got Rid of Staff Who Took Multiple CPE Courses at the Same Time

https://www.cpapracticeadvisor.com/2024/10/23/ey-got-rid-of-staff-who-took-multiple-web-training-course-at-once/112128/

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Transcripts

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

Why Trump Will Win & AICPA Has a New President Oct 25, 2024

Show notes

Blake and David examine why Trump may win in 2024, discussing immigration's economic impact on working-class wages and how this could affect voting patterns, particularly in border states like Arizona. They also look at the AICPA's selection of Mark Koziel as its new president, questioning whether the organization truly advocates for average CPAs. Moving on, they discuss Intuit's controversial TurboTax marketing campaign and consider why Berkshire Hathaway is reducing its BOA stake due to concerns about unrealized losses in the bank's bond portfolio.

Sponsors
LiveFlow - http://accountingpodcast.promo/liveflow
Zoho - http://accountingpodcast.promo/zoho
Practice Protect - http://accountingpodcast.promo/protect

Chapters

(00:33) - Introduction and Grand Canyon Adventure
(02:04) - Padgett Business Model and Amanda's Role
(03:54) - Sponsors and Election Involvement
(05:35) - Why Trump Will Win: Analyzing the Numbers
(06:04) - AICPA Leadership and Industry News
(10:04) - Earmark's Growth and Future Plans
(23:46) - Immigration Debate and Economic Impact
(43:05) - Economic Factors in Trump's Election Loss
(43:56) - Ad Break: Zoho Practice Management
(45:42) - Impact of Abortion and Immigration on Elections
(47:17) - Offshoring and Wage Suppression in Accounting
(49:24) - AICPA's Role in Offshoring and Technology
(53:40) - Introducing Mark Koziel: New AICPA President
(57:23) - Ad Break: Practice Protect Cybersecurity
(59:39) - Debate on Abortion and Political Affiliations
(01:04:25) - Banking Crisis and Economic Policies
(01:06:37) - Intuit's Controversial Ad Campaign
(01:14:54) - Warren Buffett's Stance on Bank of America
(01:24:35) - Conclusion and Upcoming Events

Show Notes

Do immigrants really take jobs and lower wages?

https://www.npr.org/2024/06/28/1197959366/immigration-economics-mariel-boatlift

Escalating Cyber Threats Demand Stronger Global Defense and Cooperation

https://blogs.microsoft.com/on-the-issues/2024/10/15/escalating-cyber-threats-demand-stronger-global-defense-and-cooperation/

American productivity still leads the world

https://www.economist.com/special-report/2024/10/14/american-productivity-still-leads-the-world

Public sector talent shortage: Unique challenges require unique solutions

https://www.journalofaccountancy.com/news/2024/oct/public-sector-accounting-challenges.html

Intuit asked us to delete part of this Decoder episode

https://www.theverge.com/2024/10/21/24273820/intuit-ceo-sasan-goodarzi-turbotax-irs-quickbooks-ai-software-decoder-interview

Buffett's Berkshire Trims BofA Stake Closer to 10%

https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-10-08-2024/card/buffett-s-berkshire-trims-bofa-stake-closer-to-10--EQHbm5iLN4LTvbgNW29W

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Need Accounting Conference Info?

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Transcripts

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

NATP Breaks Up with Intuit & Fat Joe vs. BDO Oct 17, 2024

Show notes

Blake and David touch on several hot topics in the accounting world, including the fallout from Intuit's controversial TurboTax ad, and the National Association of Tax Preparers cutting ties with the company. They also examine Trump Jr.'s threats against Deloitte, KPMG's support for alternative pathways to CPA licensure, and rapper Fat Joe's recent experiences with BDO.

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Chapters

(01:16) - Controversial Intuit Ad Campaign
(03:04) - Blake's Grand Canyon Adventure
(04:24) - Intuit's Industry Fallout
(09:33) - Tax Preparation Fee Calculator
(14:09) - NATP's AI Transition
(21:36) - Trump Jr. vs. Deloitte
(23:52) - Trump's Tax Policy for Expats
(27:43) - Popular Tax Proposals
(34:17) - App News: Numeric's Big Funding Round
(35:21) - Understanding Flux Analysis
(36:46) - AI in Accounting: Real-World Applications
(40:13) - Tax Season Tips and Client Management
(43:02) - CPA Licensure and Industry Challenges
(53:08) - Auditor Misconduct and SEC Rulings
(57:29) - Celebrity Financial Scandals: Fat Joe's Case
(01:13:34) - Closing Remarks and Upcoming Adventures

Show Notes

TurboTax ‘Breakup’ Ad Draws Ire From Tax Pro Org

https://tax.thomsonreuters.com/news/turbotax-breakup-ad-draws-ire-from-tax-pro-org/

Deloitte takes fire from Trump-Vance allies over leaked employee messages

https://thehill.com/business/4919910-deloitte-employee-trump-criticism/

Trump supports ending double taxation on Americans living abroad: ‘Let’s put America First’

https://nypost.com/2024/10/14/business/former-president-donald-trump-supports-ending-double-taxation-on-americans-living-abroad/

KPMG Supports Alternative CPA Paths to Address Accountant Shortage

https://tax.thomsonreuters.com/news/kpmg-supports-alternative-cpa-paths-to-address-accountant-shortage

SEC Drops Auditor Misconduct Cases After In-House Judges Ruling

https://news.bloombergtax.com/financial-accounting/sec-drops-auditor-misconduct-cases-after-in-house-judges-ruling

Fat Joe Suing Accountants Over Fraud Activity

https://www.bet.com/article/dh3bcc/fat-joe-suing-accountants-over-fraud-activity

Numeric grabs $28M Series A to automate accounting using AI

https://techcrunch.com/2024/10/10/numeric-grabs-28m-series-a-for-automating-accounting-with-ai/

Ex-Tingo Auditor Aided, Concealed ‘Massive Fraud,’ SEC Claims

https://news.bloombergtax.com/financial-accounting/ex-tingo-auditor-aided-concealed-massive-fraud-sec-claims

Fat Joe On Getting Robbed By Accountants, Using The N-Word, BET Hip Hop Awards + More
https://www.youtube.com/watch?v=xL3RV6SHY4E

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Transcripts

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

OpenAI's Insane Entity Structure Oct 10, 2024

Show notes

Blake and David look into OpenAI's complex entity structure and potential conversion from nonprofit to for-profit, highlighting the significant financial implications. They also discuss the challenges facing FreshBooks amid recent layoffs and shifting market dynamics and then explore the journey of Vuori's CEO Joe Kudla, emphasizing how his accounting background contributed to the company's success. Wrapping things up, we’ve got listener questions about the value of CPA licenses and growing advisory services in accounting firms.

Sponsors
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Chapters

(02:15) - OpenAI's Nonprofit to For-Profit Dilemma
(05:24) - Understanding OpenAI's Complex Structure
(13:08) - The Financial Implications of OpenAI's Transition
(27:14) - Vuori's CEO: From Accounting to Fashion
(34:24) - The Power of Pricing: Vuori's Success Story
(34:49) - The Importance of Accounting in Entrepreneurship
(36:28) - FreshBooks' Struggles and Market Position
(39:22) - The Future of FreshBooks and Industry Trends
(45:42) - Listener Mail: CPA Value and Audit Challenges
(53:14) - Exploring Advisory Services and Technology Solutions
(59:02) - Closing Thoughts and Community Engagement

Show Notes

OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia

https://www.reuters.com/technology/artificial-intelligence/openai-closes-66-billion-funding-haul-valuation-157-billion-with-investment-2024-10-02/

How Vuori’s Joe Kudla went from accountant to fashion industry success

https://www.goldmansachs.com/insights/goldman-sachs-talks/joe-kudla

FreshBooks lays off 140

https://www.accountingtoday.com/news/freshbooks-lays-off-140-staff-cites-challenging-18-months

SEC Charges Olayinka Oyebola and His Accounting Firm With Aiding and Abetting Massive Fraud

https://www.sec.gov/newsroom/press-releases/2024-157

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Get in Touch

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/ApplePodcasts
YouTube: https://www.youtube.com/@TheAccountingPodcast
Spotify: http://cloudacctpod.link/Spotify
Podchaser: http://cloudacctpod.link/podchaser
Stitcher: http://cloudacctpod.link/Stitcher
Overcast: http://cloudacctpod.link/Overcast

Classifieds
Forwardly - https://www.forwardly.com/
Client Hub - https://clienthub.app/
Coefficient - http://accountingpodcast.promo/coefficientexpo

Transcripts

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

Intuit Attacks Tax Pros & IRS Can't Measure Audit Rate Oct 04, 2024

Show notes

Blake and David discuss a controversial TurboTax ad campaign encouraging people to "break up" with their tax professionals, analyze survey data on AI adoption in accounting firms, and critically examine proposed changes to CPA licensure requirements. They also explore NASBA's influence on the profession end debate the merits of automatic mobility for CPAs across states.

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Chapters