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.
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Why EY Has The Worst Big Four PCAOB Deficiency Rate
1:23:16
1:23:16
Spela senare
Spela senare
Listor
Gilla
Gillad
1:23:16
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…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Is Intuit Going Enterprise? In THIS Economy?
1:28:24
1:28:24
Spela senare
Spela senare
Listor
Gilla
Gillad
1:28:24
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, high…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Xero Now Does Bank Reconciliations!
1:20:11
1:20:11
Spela senare
Spela senare
Listor
Gilla
Gillad
1:20:11
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' p…
…
continue reading
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 an…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
How To Write Emails 3x Faster With AI
1:16:15
1:16:15
Spela senare
Spela senare
Listor
Gilla
Gillad
1:16:15
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 …
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Earmark Media Presents: Best Metrics for Property Management and Development (Best Metrics)
1:03:50
1:03:50
Spela senare
Spela senare
Listor
Gilla
Gillad
1:03:50
Earmark Media Presents a bonus episode of Best Metrics: In this episode, host Glenn Dunlap is joined by Kenya Brooks, a partner at Saville CPAs and Advisors, to discuss the unique challenges and opportunities in property management and development accounting. They explore key metrics to monitor financial statements, the impact of economic trends on…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Will California Be First to Deconstruct the 150 Hour Rule?
1:16:49
1:16:49
Spela senare
Spela senare
Listor
Gilla
Gillad
1:16:49
Blake and David, joined by guest Amber Setter, dive into the California Board of Accountancy's move to create legislation for an alternative to the 150-hour rule for CPA licensure. They discuss the potential impact on the accounting profession, the need for modernization, and the challenges faced by aspiring CPAs. The conversation also touches on v…
…
continue reading
Blake and David examine Blake's month-long working vacation in Southern California, and talk benefits of remote work for accountants. They also explore recent surveys on accounting firm satisfaction and the use of AI in tax practices and then delve into the ongoing accountant shortage, its impact on internal controls, and the challenges of recruiti…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Why Trump's Plan To Raise Tariffs Will Backfire
1:05:11
1:05:11
Spela senare
Spela senare
Listor
Gilla
Gillad
1:05:11
Blake and David Leary dive into several hot topics in the accounting world including the IRS's renewed focus on enforcement, targeting high-income individuals and non-filers, as well as the push to regulate non-credentialed tax preparers. They also explore the ongoing US CPA shortage and discuss potential solutions, including changes to education a…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Intuit's Shift to AI Failed on Day One
1:08:00
1:08:00
Spela senare
Spela senare
Listor
Gilla
Gillad
1:08:00
In light of recent events, Blake and David examine assassination attempts on US presidents, providing historical context. They move on to Intuit's recent layoffs, critiquing the company's communication strategy and exploring potential AI improvements for such announcements, and then shift to the Synapse bankruptcy, its impact on fintech users, and …
…
continue reading
Today, Blake and David explore how artificial intelligence is reshaping accounting, discussing its potential to handle 70% of information-based tasks and impact workflows like data collection, reconciliation, and client services. They criticize the current theoretical approach to accounting education, advocating for more practical, hands-on learnin…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Pig Butchering & Mouse Jiggling
1:08:29
1:08:29
Spela senare
Spela senare
Listor
Gilla
Gillad
1:08:29
Blake and David explore the intersection of AI, remote work, and accounting technology. They take a look at the phenomenon of "mouse jiggling," examine various AI tools reshaping the accounting industry, and analyze a survey showing widespread adoption of AI in the workplace. There's also a review of different AI chatbots, highlights on new AI-powe…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Outsourcing 101 for Accounting Firms with Kwame Agyei
25:01
25:01
Spela senare
Spela senare
Listor
Gilla
Gillad
25:01
Kwame Agyei, founder and CEO of Appoynt, joins Blake and David to discuss the benefits of outsourcing specific business functions like accounts receivable management. Kwame shares his unique journey from accountant to entrepreneur and offers practical advice on effectively leveraging virtual assistants while addressing common concerns around securi…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
What CFOs Are Thinking: AI, Talent Crisis, Gen Z, and More
59:25
59:25
Spela senare
Spela senare
Listor
Gilla
Gillad
59:25
Adam Zaki of CFO.com joins Blake and David to explore the trends reshaping the industry, from AI to the talent shortage. They dive into the murky waters of corporate financial controls and audit practices. They also examine what makes a truly effective CFO in today's dynamic business environment and why authenticity might be the most valuable trait…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
ChatGPT Beats Humans at Financial Statement Analysis
1:09:05
1:09:05
Spela senare
Spela senare
Listor
Gilla
Gillad
1:09:05
Sponsors LiveFlow - http://accountingpodcast.promo/liveflow RightRev - http://accountingpodcast.promo/rightrev Makers Hub - http://accountingpodcast.promo/makershub Chapters (00:38) - Blake's Conference Adventures (03:13) - AI and the Future of Auditing (05:16) - Insights from the IMA Conference (10:00) - The AI Tipping Point (14:48) - Microsoft An…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
The Compelling Case for Nearshoring Accounting to Argentina
24:03
24:03
Spela senare
Spela senare
Listor
Gilla
Gillad
24:03
Discover the compelling advantages of nearshoring your accounting and finance functions to Argentina. In this episode, Nicolás Villafañe, partner at South Offices, shares his insider perspective on why Argentina is a top destination for accessing skilled talent while enjoying significant cost savings compared to hiring in the US. Learn how Argentin…
…
continue reading
![Artwork](/static/images/128pixel.png)
1
Will Intuit Go Red in the 2024 Election?
1:05:25
1:05:25
Spela senare
Spela senare
Listor
Gilla
Gillad
1:05:25
Blake and David get brutally honest about why pricey accounting conferences are a no-go and how the industry sidelines neurodivergent professionals. You'll also get a rundown of the rebranded Intuit Connect event's new direction, the political firestorm around IRS Direct File, and a Google Sheets update that will blow your mind. From the mailbag, d…
…
continue reading