The Accounting Podcast

Latest Episodes:

Headlines: IRS Freezes ERC Sep 17, 2023

Show notes

The IRS has announced an immediate moratorium on new Employee Retention Tax Credit claims through the end of the year amidst a surge of questionable submissions. Tune in for details on the ERC crackdown, including new criminal probes, longer processing times, and options for withdrawing improper claims.

Show Notes
Employee Retention Credit Eligibility Checklist: Help understanding this complex credit
https://www.irs.gov/newsroom/employee-retention-credit-eligibility-checklist-help-understanding-this-complex-credit

Red flags for Employee Retention Credit claims; IRS reminds businesses to watch out for warning signs of aggressive promotion that can mislead people into making improper ERC claims
https://www.irs.gov/newsroom/red-flags-for-employee-retention-credit-claims-irs-reminds-businesses-to-watch-out-for-warning-signs-of-aggressive-promotion-that-can-mislead-people-into-making-improper-erc-claims

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Get in Touch

Thanks for listening and 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

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Check out our new website: accountingconferences.com

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

How Smart Is Intuit's New AI "Intuit Assist" (with Jack Castonguay) Sep 13, 2023

Show notes

This week we dive into the pipeline shortage and the need for more accounting candidates, and discuss Intuit's groundbreaking use of AI in TurboTax and its potential impact on accounting professionals. Guest Jack Castonguay sheds light on FASB's recent announcement on accounting standards for digital assets and how it affects companies holding crypto assets. We also explore positive aspects of the accounting profession and address the need for critical changes like higher salaries and re-evaluating the audit process.

Sponsors
LiveFlow - http://accountingpodcast.promo/liveflow
FreshBooks - http://accountingpodcast.promo/freshbooks
South Carolina Association of CPAs (SCACPA) - http://accountingpodcast.promo/SCACPA

Chapters

(00:47) - Welcome Jack Castonguay to the show
(01:42) - Jack is quoted: "Shrinking CPA Pipeline Fuels Calls to Relay Education Mandate"
(04:00) - Intuit introduces 'Intuit Assist' an AI chatbot for tax
(13:02) - The new AI in QuickBooks is ... less impressive
(15:03) - 6 in 10 Americans live paycheck to paycheck
(15:33) - FASB announcement on accounting standards for digital assets
(17:54) - Listener voicemail: Accounting teaches you to be a BS detector
(20:44) - Listener voicemail: Does the accounting profession cover too much?
(27:57) - Why more people should become accountants
(30:40) - The problem with ELE programs to reach 150
(35:44) - ADP study shows why and when people change jobs
(38:27) - How can starting salaries increase in accounting?
(42:35) - Why accounting students should double major
(49:03) - Checking back in on the live chat with questions
(54:50) - We get a one-star review!

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Show Notes

Intuit reveals new A.I. assistant after major investment

https://fortune.com/2023/09/06/intuit-ai-virtual-assistant-major-investment-ceo-sasan-goodarzi/

Intuit Assist - Your AI Accounting Assistant

https://quickbooks.intuit.com/ai-accounting/

Intuit Mailchimp Launches New Global Campaign to Help Marketers Untangle Their Clustomer Problem

https://investors.intuit.com/news/news-details/2023/Intuit-Mailchimp-Launches-New-Global-Campaign-to-Help-Marketers-Untangle-Their-Clustomer-Problem/default.aspx

Introducing Intuit Assist: The Generative AI-Powered Financial Assistant for Small Businesses and Consumers

https://investors.intuit.com/news/news-details/2023/Introducing-Intuit-Assist-The-Generative-AI-Powered-Financial-Assistant-for-Small-Businesses-and-Consumers/default.aspx

Promoting an employee may lead them to leave

https://www.accountingtoday.com/news/adp-examines-impact-of-promotions-on-employee-motivation-and-retention

Transformative Tax Preparation: Gen-AI Powered Intuit Apollo

https://blog.turbotax.intuit.com/breaking-news/tax-preparation-powered-by-gen-ai-59318/

Intuit Assist Poised To Boost Competitive Moat, Gets A Price Target Boost From Analysts

https://www.benzinga.com/analyst-ratings/analyst-color/23/09/34327992/intuit-assist-poised-to-boost-competitive-moat-gets-a-price-target-boost-from-analy

Intuit cut hundreds of jobs and spent at least $20 billion in a massive bet on AI. Today the company is revealing its new virtual assistant

https://finance.yahoo.com/news/intuit-cut-hundreds-jobs-spent-120000980.html

Google to charge big businesses $30 per user per month for AI in Gmail and work apps

https://www.cnbc.com/2023/08/29/google-will-charge-enterprises-30-a-month-for-duet-ai-in-workspace.html

Meet our guest, Jack Castonguay
Website: https://scholar.google.com/citations?user=Pg5p99EAAAAJ&hl=en&oi=sra
LinkedIn: https://www.linkedin.com/in/jack-castonguay-phd-cpa/
Twitter: https://twitter.com/profjackc?lang=en
Instagram: https://www.instagram.com/profjackscout/

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

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Audits Under Fire: Ex-Big Four Partner Responds to Criticisms Sep 07, 2023

Show notes

Join us for an in-depth conversation with Jerry Maginnis, a retired Big Four audit partner, about the value and criticisms of financial statement audits.

Jerry draws on his decades of experience auditing public companies to respond to issues around audit quality, staff work conditions, complexity in accounting standards, and whether audits truly protect investors. He provides perspective on PCAOB inspections, the pass/fail system, and deficient audits.

Blake and David ask tough questions about audit fees increasing while staff salaries stagnate, whether accounting and auditing standards should be simplified, and whether audits provide usefulness to average investors.

Jerry argues audits still provide an invaluable service in capital markets despite imperfections but also sees opportunities for improvement through leveraging technology. He gives advice on maintaining a value-creation mindset and shares his motivation behind writing a book for young accountants.

Meet Our Guest:

Jerry Maginnis
LinkedIn: https://www.linkedin.com/in/jerry-maginnis-18a47813/

Read Jerry's book, Advice for a Successful Career in the Accounting Profession: How to Make Your Assets Greatly Exceed Your Liabilities: https://a.co/d/6SWvDwm

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Get in Touch

Need Accounting Conference Info?

Check out our new website - accountingconferences.com

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Overcast: http://cloudacctpod.link/Overcast
YouTube: https://www.youtube.com/c/CloudAccountingPodcast

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

Improving The Image of Accounting Sep 06, 2023

Show notes

We’ve got an AI-packed episode this week! Ryan Lazanis demonstrates how AI and voice cloning technology can be utilized to streamline the analysis of financial statements. Blake and David examine various applications of AI in accounting, including tools for extracting key information from emails and documents, an AI-powered tax analysis tool, and the potential for AI to enhance advisory services. They also dig into some issues related to spam and scams in QuickBooks support, emphasizing the need for more granular requirements for accounting services and specialized education in areas like tax and much much more!

Sponsors
LiveFlow - http://accountingpodcast.promo/liveflow
Zoho - http://accountingpodcast.promo/zoho
Forwardly - http://accountingpodcast.promo/forwardly

Chapters

(00:00) - TAP 348
(00:04) - Preview: Why we need more CPAs
(00:47) - David finally gets with the TSA Pre program
(02:22) - Using ChatGPT to write a Medicare appeal letter
(03:43) - Chad took Beginning Walk/Jog to finish out his 150 hours
(09:05) - Reflecting on the Unique CPA Bridging The Gap 2023 Conference
(12:00) - Blake renewed his CPA license with 3 minutes to spare!
(17:51) - Professor pumps accounting on Wheel of Fortune
(22:09) - Accounting can make for a flexible lifestyle
(23:02) - ABC News investigates the Big Four in Australia
(31:01) - Is there a revolving door between Intuit employees and the IRS?
(35:34) - Using AI to automate a P&L walkthrough video
(45:21) - Doing tax research with AI
(48:00) - Annoucing the "Unofficial QuickBooks Accountants Podcast"
(49:34) - QuickBooks support scammer caught and punished
(52:54) - Sean asks: "Is it a CPA shortage, or a resource allocation problem?"
(58:20) - The CPAs education requirement for taxes is too low
(01:02:18) - Wrap up and remember to subscribe so you don't miss an episode

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Show Notes

“Tax prep giants are terrified. Their lobbyists are working overtime to try to keep the federal government from finally providing an easy, free way to file taxes. But we’re at a historic moment where we can get this done—so let’s keep pushing.” Elizabeth Warren (@ewarren) August 17, 2023

https://twitter.com/ewarren/status/1692232917806698820

Democrats are increasingly optimistic about the IRS' plan to offer free tax prep software and break TurboTax and H&R Block's stranglehold

https://www.businessinsider.com/democrats-optimistic-about-irs-plans-to-offer-free-tax-filing-services-2023-8

Democrats accuse tax prep firms of undermining new IRS effort on electronic free file tax returns

https://apnews.com/article/irs-free-file-tax-returns-391ded1dbd73444bada5e946e962d70c

Danielle Booker, Ph.D., CPA on LinkedIn: #accountants #accounting #cpa #patsajak #vannawhite #wheeloffortune…

https://www.linkedin.com/posts/danielle-booker-ph-d-cpa-05142238_accountants-accounting-cpa-activity-7097604071477362688--U2u

‘The World’s Fastest Accountant’ Is Running Away From the ‘Boring Stiff Squares’ Stereotype

https://www.goingconcern.com/the-worlds-fastest-accountant-is-running-away-from-the-boring-stiff-squares-stereotype/

The 'revolving door' between accounting and the IRS

https://www.accountingtoday.com/news/hundreds-of-irs-employees-worked-for-accounting-firms

IRS agents are getting paid by private accounting firms: watchdog

https://thehill.com/business/4176786-irs-agents-are-getting-paid-by-private-accounting-firms-watchdog/

No Cubicles Here! The Shockingly Sun-Kissed Life of Digital Nomad Accountants

https://hbculifestyle.com/digital-nomad-accountants/

MACPA Chair Christine Aspell looks to combat accounting ...

https://www.bizjournals.com/bizwomen/news/profiles-strategies/2023/08/accounting-misconceptions.html?page=all

Passaic County Man Charged in $13 Million Technology Support ...

https://www.justice.gov/usao-nj/pr/passaic-county-man-charged-13-million-technology-support-scam-targeting-over-seven

Hundreds of IRS employees worked for accounting firms

https://www.accountingtoday.com/news/hundreds-of-irs-employees-worked-for-accounting-firms

I took "Intro to Philosophy" to finish out my 150 credits. I thought that was ridiculous. But this guy has me beat!

https://www.linkedin.com/posts/blaketoliver_cpa-activity-7103070376422735872-JZkC

'The World's Fastest Accountant' Is Running Away From the 'Boring Stiff Squares' Stereotype

https://www.goingconcern.com/the-worlds-fastest-accountant-is-running-away-from-the-boring-stiff-squares-stereotype/

Jennifer Wilson on LinkedIn: Love this. Accounting is a cool, tech-forward, difference-making…

https://www.linkedin.com/posts/jenniferwilsonprofile_accountants-accounting-cpa-activity-7098413369098919936-vRqf

Tax Genii 1 4 Demo

https://www.youtube.com/watch?v=x-SXc1V58gQ

How a sleeper issue inside the big four accounting giants could topple the economy

https://www.abc.net...

Accounting Teacher Tells Students Accountants Hate Their Lives Aug 30, 2023

Show notes

Blake and David discuss issues relating to the accounting profession's talent pipeline, including a high school student's negative experience in her first accounting class and efforts by state CPA societies to reduce licensing barriers. They move on to tech topics, like the slow adoption of AI tools such as ChatGPT among accountants and new product features announced by Intuit and Xero. Wrapping things up, they share listener feedback on finding resources to learn new accounting software and workflows and provide commentary on app subscription price increases and the need for accountants to price their services properly.

Sponsors
OnPay - https://cloudaccountingpodcast.promo/onpay
CCH Access - https://cloudaccountingpodcast.promo/axcess
Keeper - https://cloudaccountingpodcast.promo/keeper

Chapters

(00:00) - Preview: Accountants need to charge more
(00:43) - Welcome to The Accounting Podcast : Blake talks to high school senior in an accounting class
(10:22) - The South Carolina Accociation of CPAs introduces new changes to 150 rule
(19:43) - Air traffic controllers are understaffed and narrowly avoiding disaster
(22:09) - The number of EA's in The NAEA is down 23% over the last 5 years
(24:28) - Comparing air traffic controller shortage to accounting shortage
(29:44) - Attestation reports are not audits
(32:27) - Listener mail from a bookkeeper asking for recommendations on how to learn QuickBooks better
(37:20) - What should firms do when accounting software raise their prices?
(43:10) - LegalZoom launches LegalZoom Books
(44:15) - How many Ohio CPAs have tried ChatGPT at all?
(47:10) - Intuit released their year end earnings
(50:20) - Some new Xero AI news & Xerocon is back in the US for 2024
(54:28) - Relay ups FDIC insurance to $2.5 million and Stripe offers sales tax calculations
(56:38) - Wrap up and where to reach us

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Show Notes

Product wrap from Xerocon Sydney 2023 | Xero Blog

https://www.xero.com/blog/2023/08/product-wrap-from-xerocon-sydney-2023/

150 Hours is a Barrier – Really! - Going Concern

https://www.goingconcern.com/150-hours-is-a-barrier-really/

Jacob Schroeder: 86% of OSCPA Town Hall attendees have not used ChatGPT at all

https://x.com/jacobbschroeder/status/1694748226904060157?s=12

SCACPA Proposing Legislation to Address Pipeline Challenges – SCACPA

https://www.scacpa.org/scacpa-proposing-legislation-to-address-pipeline-challenges/

Airline Close Calls Happen Far More Often Than Previously Known

https://www.nytimes.com/interactive/2023/08/21/business/airline-safety-close-calls.html

Please join the Arizona State Society of Enrolled Agents “Town Hall”

https://aztaxpros.org/images/meeting/082323/Town_Hall/azsea_invite_to_town_hall_on_aug_23__2023.pdf

Question from a bookkeeper

https://www.linkedin.com/feed/update/urn:li:activity:7094151084134338560/

Upcoming changes to QuickBooks Desktop pricing + FAQs

https://www.firmofthefuture.com/product-update/quickbooks-desktop-pricing-changes/

Dext pricing change from today

https://www.accountingweb.co.uk/any-answers/dext-pricing-change-from-today

Introducing Ramp Plus

https://ramp.com/blog/introducing-ramp-plus

Fintech Ramp is Raising Capital at $5.5 Billion Valuation, Down 30%

https://www.theinformation.com/articles/fintech-ramp-is-raising-capital-at-5-5-billion-valuation-down-30

Accountants face up to the cost of cloud app stacks

https://www.accountingweb.co.uk/tech/tech-pulse/accountants-face-up-to-the-cost-of-cloud-app-stacks

Stripe Unveils “Tax for Platforms” to Streamline Tax Compliance for Small Businesses

https://smallbiztrends.com/2023/08/stripe-unveils-tax-for-platforms-to-streamline-tax-compliance-for-small-businesses.html

Intuit (INTU) Q4 2023 Earnings Call Transcript

https://www.fool.com/earnings/call-transcripts/2023/08/24/intuit-intu-q4-2023-earnings-call-transcript/

Why Students Opt for Accounting (or Don’t)

https://cpatrendlines.com/2023/08/20/why-students-opt-for-accounting-or-dont/

CPA Exam Changes and Pipeline Woes Are a Perfect Storm of Problems For the Profession

https://www.goingconcern.com/cpa-exam-changes-and-pipeline-woes-are-a-perfect-storm-of-problems-for-the-profession/

Stop calling them audits

https://blockworks.co/news/blockchain-audits-ey

FTX Bankruptcy Burning Through $1.5M in Legal Costs Every Day

https://www.coindesk.com/policy/2023/08/23/ftx-bankruptcy-burning-through-15m-in-legal-costs-every-day/

150 Hours is a Barrier - Really!

https://www.go...

Mythbusting Substantial Equivalency and Mobility for CPAs with SCACPA Aug 25, 2023

Show notes

The requirements to become a licensed CPA differ across states, yet CPAs maintain mobility to practice in multiple jurisdictions. How does this work? David Knoble, Chair of the South Carolina Association of CPAs (SCACPA), joins the show to bust myths around substantial equivalency and mobility rules for CPAs and discuss the SCACPA's proposed changes to licensure requirements in the state to encourage more accountants to become CPAs.

Knoble clarifies how states have flexibility in setting licensing requirements under existing standards while still enabling cross-border practice privileges. With an in-depth look at the Uniform Accountancy Act, including real examples of alternative pathways, we shed light on this complex topic to provide an accurate understanding of what substantial equivalency and mobility mean for you as an accounting professional.

Tune in as we separate fact from fiction around these critical concepts impacting the CPA profession.

Meet Our Guest, David Knoble

LinkedIn: https://www.linkedin.com/in/davidmknoble/
Twitter: https://twitter.com/knoblecpa

Learn more about Knoble Ingle CPAs
https://www.knobleingle.com/

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Get in Touch

Need Accounting Conference Info?

Check out our new website - accountingconferences.com

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

The Future of UX Is... Spreadsheets! & QuickBooks Leader Is New CEO of PayPal Aug 23, 2023

Show notes

In this episode, Blake and David talk app integration frustrations, Gusto's new payroll feature, increased fees for tax professionals, a tragic accident involving an IRS agent, low job fulfillment among accountants, and an employee stock ownership plan at BDO. They also dive into Amazon's new product review feature and the appointment of a former Intuit executive as the new CEO of PayPal. Rounding things out, they speculate on Alex Chriss' move to PayPal and the potential benefits for accountants and bookkeepers.

Sponsors
LiveFlow - http://accountingpodcast.promo/liveflow
Aero Workflow - http://accountingpodcast.promo/aero
Keeper - https://cloudaccountingpodcast.promo/keeper

Chapters

(00:04) - Preview: BDO's new equity model
(00:38) - Welcome to The Accounting Podcast
(02:18) - Every app for accountants should have a spreadsheet view
(05:42) - We have reached peak user interface: How AI will simplify app design
(07:05) - Why Bob from accounting could soon be a bot
(12:13) - NATP study shows tax pros raised prices by over 20% in 2023
(19:33) - IRS agent accidentally killed by fellow agent at gun range
(21:11) - Sam Bankman Fried sent to jail
(22:18) - 60% of accountants rate their job fulfillment at C or lower
(24:19) - BDO USA borrows $1.3 billion to create an employee stock ownership plan
(29:04) - How to solve the accounting talent crisis
(32:49) - Amazon using AI to summarize customer reviews
(34:24) - PayPal's names new CEO: How Intuit, PayPal, and X are all connected
(42:52) - Wrap up, where to reach us, and checking in on the live chat

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Show Notes

PayPal Names Alex Chriss as Next President and CEO

https://newsroom.paypal-corp.com/2023-08-14-PayPal-Names-Alex-Chriss-as-Next-President-and-CEO

Alex Chriss Succeeds Dan Schulman as the new CEO of PayPal

https://ceoworld.biz/2023/08/17/alex-chriss-succeeds-dan-schulman-as-the-new-ceo-of-paypal/

IRS agent accidentally shot, killed by fellow agent during training at Phoenix gun range

https://www.azfamily.com/2023/08/17/irs-agent-accidentally-shot-killed-by-fellow-agent-during-training-phoenix-gun-range/

AICPA, NASBA Team to Help Ease Path to CPA Licensure

https://www.intuitiveaccountant.com/in-the-news/people-and-business/aicpa-nasba-team-to-help-ease-path-to-cpa-licensure/

Withum and Seton Hall launch CPA apprenticeship

https://www.accountingtoday.com/news/withum-and-seton-hall-launch-cpa-apprenticeship

Large firm shakes up business model with employee stock ownership plan

https://www.journalofaccountancy.com/news/2023/aug/large-firm-shakes-up-business-model-employee-stock-ownership-plan.html

Intuit Names Marianna Tessel General Manager of Small Business and Self-Employed Group

https://www.businesswire.com/news/home/20230814601878/en/Intuit-Names-Marianna-Tessel-General-Manager-of-Small-Business-and-Self-Employed-Group/

Can PayPal’s incoming CEO jump-start profitable growth?

https://www.paymentsdive.com/news/paypal-ceo-checkout-venmo-smb-payments/690928/

BDO to create ESOP with $1.3B credit deal

https://www.accountingtoday.com/news/bdo-to-create-esop-with-1-3b-credit-deal

Former eBay CEO Still Wields Influence over PayPal as It Names New CEO

https://www.ecommercebytes.com/2023/08/14/former-ebay-ceo-still-wields-influence-over-paypal-as-it-names-new-ceo/

Elon Musk's 25-year obsession with 'X' explains what he did to Twitter

https://mashable.com/article/musk-x-twitter-paypal

With plans to hire 200, a former PayPal CEO launches new digital bank in Miami

https://www.miamiherald.com/news/business/article251326533.html

Outspoken: Bill Harris, Founder and Chairman of Personal Capital and former CEO of Intuit and Paypal

https://www.jsbarefoot.com/podcasts/2017/5/21/outspoken-bill-harris-ceo-of-personal-capital-and-former-ceo-of-intuit-and-paypal

5 things to know about Intuit’s small business guru Alex Chriss—PayPal’s incoming CEO
https://www.fastcompany.com/90938418/paypal-ceo-alex-chriss-dan-schulman-what-to-know

X.com names former Intuit brass its CEO

https://www.cnet.com/tech/tech-industry/x-com-names-former-intuit-brass-its-ceo/

5 ways the IRS funding boost is paying offhttps://www.washingtonpost.com/opinions/2023/08/17/irs-funding-tax-season-wait-times/

How Amazon continues to improve the customer reviews experience with generative AI

https://www.aboutamazon.com/news/amazon-ai/amazon-improves-customer-reviews-with-generative-ai

BDO partners in line for windfall after $1.3bn debt deal with Apollo Global Management | Financial Times

https://www.ft.com/content/78f60830-57a2...

Soft Landing or Hard Fall? Assessing Recession Risks with Liz Wilke, Chief Economist @ Gusto Aug 21, 2023

Show notes

We discuss whether the economy is headed for a soft landing or hard fall with Gusto's Chief Economist Liz Wilke.
Topics include:

Recession outlook and key indicators like interest rates and inflation
Labor shortage impacts on the economy
Commercial real estate risks for banks
Impacts of bank mergers on small business lending

Liz evaluates recession odds, labor trends, and lending risks - offering nuanced outlooks on potential impacts for businesses, workers, banks, and more. It's a timely discussion providing an expert economic perspective on uncertainties ahead.

Meet Our Guest, Liz Wilke, PhD
LinkedIn: https://www.linkedin.com/in/lizwilke/

Learn more about Gusto
Website: https://gusto.com/

Show Notes

Listen to the Gustonomics podcast: https://podcasts.apple.com/ca/podcast/the-gustonomics-podcast/id1700748603

The Economy Explained - August edition: https://gusto.com/partner-resources/the-economy-explained-august2023

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

Exploring Solutions to the Accounting Talent Shortage with Jen Cryder, CEO at PICPA Aug 16, 2023

Show notes

Jen Cryder, CEO of the Pennsylvania Institute of Certified Public Accountants, joins Blake and David to discuss the accounting profession's pipeline problems, including the decline in accounting majors and the difficulties of replacing retiring CPAs. Join the discussion on solutions like work-and-learn models and redefining education requirements. Discover strategies to attract and retain talent, prioritizing the preferences of younger generations and aligning company culture with marketing efforts. Tune in to learn how accounting firms can refresh their image and flourish.

Sponsors
LiveFlow - http://accountingpodcast.promo/liveflow
Forwardly - http://accountingpodcast.promo/forwardly
South Carolina Association of CPAs (SCACPA) - http://accountingpodcast.promo/SCACPA

Chapters

(00:00) - Preview: Not getting a Big 4 offer was the best thing to ever happen to me
(00:31) - Welcome Jen Cryder to the show and her overall thoughts on the accounting talent shortage and pipeline problem
(06:02) - What are your thoughts on Tulane's new professional advancement program?
(13:11) - Are substantial equivalency and mobility really a roadblock?
(17:21) - Smaller firms are the ones really impacted by this talent shortage
(18:40) - PCAOB says 40 percent of 2022 audits are deficient
(23:11) - What are the things younger accountants are really complaining about?
(28:04) - CPA firms hike starting salaries 14%
(30:02) - How do we encourage young people to go into the accounting profession?
(35:10) - Does accounting have more of a retention problem than a pipeline problem?
(43:27) - Accounting firms need to think of more creative ways to recruit
(46:38) - Remember to subscribe to The Accounting Podcast and where to reach Jen

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Show Notes

Unveiling CalCPA’s New Brand

https://www.youtube.com/watch?v=diGVHSgDpU0

Tax and Accounting Pay Advancing at 5.9% Pace

https://cpatrendlines.com/2023/08/08/tax-and-accounting-pay-advancing-at-5-9-pace/

AICPA, NASBA team with Tulane to ease CPA licensing | Accounting Today

https://www.accountingtoday.com/news/aicpa-nasba-team-with-tulane-to-ease-cpa-licensing

CPA firms facing talent shortage hike starting salaries 14% | CFO Dive

https://www.cfodive.com/news/cpa-firms-facing-talent-shortage-hike-starting-salaries-accounting-accountants/689913/

Pennsylvania CPAs try out work-and-learn model for young accountants | Accounting Today

https://www.accountingtoday.com/news/pennsylvania-cpas-try-out-work-and-learn-model-for-young-accountants

Connect with Our Guest, Jen Cryder
LinkedIn: https://www.linkedin.com/in/jencryder/

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

Meet the Fraudster: Nathan Mueller (from the Oh My Fraud podcast) Aug 14, 2023

Show notes

Today, we have a special bonus episode from our sister podcast, Oh My Fraud. Hosts Caleb Newquist and Greg Kyte speak with Nathan Mueller. As a young person, Nathan was hyper-focused on wanting to make money, which led him to perpetuate an $8-million embezzlement scheme in the mid-2000s. Nathan tells his story and answers questions about the fraud, his time in prison, and his new job as ... an accountant!

Want to hear more Oh My Fraud episodes? Listen and subscribe at ohmyfraud.com

Follow Oh My Fraud on Social Media:
twitter.com/ohmyfraud
facebook.com/OhMyFraud
linkedin.com/oh-my-fraud

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