Accountant Shortage Causing Negative City Credit Scores (live from Padgett REtreat)

Raising prices is a priority; NASBA extends time to complete CPA exam; Canopy now writes emails with AI; PwC to invest $1 billion in AI; staff not allowed to go to conferences

  • (00:05) - Preview: Accounting is in a bad place
  • (02:58) - We launched the Federal Tax Updates Podcast with Padgett and welcome to our guests
  • (07:27) - Amanda, why was this tax season harder than last?
  • (09:13) - Tell us more about the Padgett REtreat
  • (10:41) - What are some ways to think about raising your prices?
  • (13:44) - The accounting shortage is affecting cities getting credit scores
  • (22:36) - NASBA extends the time to take the CPA exam to 30 months
  • (24:48) - AI and its future in accounting
  • (27:09) - Canopy integrates ChatGPT into their suite
  • (29:09) - PWC to invest $1 billion over the next 3 years in AI
  • (33:10) - How long do you think until smaller and midsize firms will be using AI
  • (35:14) - Lili Bank promises one-button accounting
  • (46:17) - Listener mail about staff not being given chances to go to conferences
  • (49:02) - Are accounting students set up only for the benefit of the Big 4 firms?
  • (53:16) - Wrap up and thanks for listening

Need CPE? 
Subscribe to the Earmark Accounting Podcast:
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

Show Notes

ChatGPT Fails When It Comes to Accounting, Finds Major Study

What Microsoft’s Dynamics GP Announcement Means for the User Community
ChatGPT is still no match for humans when it comes to accounting             
Lili Claims Super App Status With New Accounting Platform
Leading Financial Platform, Lili, Launches 'Lili Smart' to Integrate ...
KPMG signs AI deal to improve audit transparency            
NASBA extends time to complete the CPA exam to 30 months
Accounting Bachelors Degree Requirements: What You Need to Know
ChatGPT: How AI will change law, finance, accounting and property ...       
Canopy Launches ChatGPT AI in Accounting Practice Management Software
Accountant shortage hurts city credit scores         
Technology News | ⚡Study Finds ChatGPT No Match for Human When It Comes to Accounting
PwC Stakes $1 Billion on AI Investments in Tax, Consulting Work

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 -

Limited edition shirts, stickers, and other necessities

Client Hub -
Future Firm Accelerate -
Uncat -
Nett Tracker -
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? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: 

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

Creators and Guests

David Leary
David Leary
President and Founder, Sombrero Apps Company
Jeff Phillips
Jeff Phillips
Chief Executive Officer at Padgett Business Services
Accountant Shortage Causing Negative City Credit Scores (live from Padgett REtreat)
Broadcast by