IRS Loses $10 Billion In Debt Ceiling Deal & Proof ChatGPT Massively Increases Productivity

Why AICPA's 12-point plan won't solve the CPA crisis; Earnings reports from Intuit, Sage, and Xero; Ramp adds AI features to spend management platform; why grads are ditching jobs at the Big Four; 70% of Gen Z employees would switch jobs for better tech, and more!


Chapters
  • (00:00) - IRS Loses $10 Billion In Debt Ceiling Deal & Proof ChatGPT Massively Increases Productivity
  • (00:52) - Welcome to the show
  • (04:52) - Potential debt-ceiling deal cuts IRS funding by $10 billion
  • (07:38) - Chat GPT made workers 37% faster at completing tasks
  • (11:44) - Accounting Today has ChatGPT retake the CPA exam
  • (16:36) - Number of people taking accountancy exams drops to lowest level in 17 years
  • (19:23) - WSJ article on the accounting industry’s low starting pay problem
  • (23:35) - The AICPA's 12-point plan to solve the accountant shortage
  • (35:13) - Thetab.com article on why grads are ditching jobs at Big Four firms
  • (38:13) - Update on the IRS's Free File tax system
  • (41:18) - Let's talk about the Intuit earnings call
  • (46:38) - Sage had their earnings call
  • (48:43) - Ramp announces "Ramp Intelligence"
  • (53:31) - Employee satisfaction reached an all-time high last year
  • (55:33) - Gen Z employees would change jobs for better tech
  • (01:01:34) - Wrap up and where to reach us. See you at AICPA Engage!

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Show Notes
New MIT Research Shows Spectacular Increase In White Collar Productivity From ChatGPT – JOSH BERSIN
 
ChatGPT retakes CPA Exam as v4.0, passes | Accounting Today
 
AICPA Council approves CPA pipeline plan | Accounting Today
 
70% of Gen Z Employees Say They Would Switch Jobs for Better Tech: Weekly Stat
 
AICPA details plans to boost CPA pipeline | Accounting Today
 
Overworked and underpaid: Why grads are ditching jobs at the Big Four
 
The Future of AI in Finance is Here | Ramp Intelligence
 
Numbers taking US accountancy exams drop to lowest level in 17 years | Financial Times
 
Avii Announces Significant Uplifts to Financial Modules In Avii ...
 
Overworked and underpaid: Why grads are ditching jobs at the Big Four
 
Sage Intact Launches Native AP Bill Automation to Cut Down on ...
 
Intuit Inc. (INTU) Q3 2023 Earnings Call Transcript              
 
Intuit (INTU) Reports Q3 Earnings: What Key Metrics Have to Say
 
ChatGPT retakes CPA Exam as v4.0, passes            
 
 
Pentagon Says Accounting Mistake Leaves U.S. With $3 Billion ...
 
AICPA details plans to boost the CPA pipeline                
 
AICPA releases expanded plan for addressing CPA pipeline ...
 
IRS to pilot free tax prep system in January            
 
Why Graduates Aren't Hot on Accounting Careers: Low Starting Pay ...
 
Software giant Sage strikes deal for US construction platform Corecon
 
Plan to accelerate talent pipeline solutions | Resources   
 
QuickBooks Connect Returning to Las Vegas in 2023
 
AICPA Council approves CPA pipeline plan              
 
Intuit's (INTU) Q3 Earnings Beat Expectations, Sales Miss (Revised)
 
The Sage Group plc (SGGEF) Q2 2023 Earnings Call Transcript
 
Financial results announcements | Sage Investor Relations
 
Sage Group 1H Revenue Beat Consensus as Underlying ARR Rose -- Earnings Review

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Creators and Guests

David Leary
Host
David Leary
President and Founder, Sombrero Apps Company
IRS Loses $10 Billion In Debt Ceiling Deal & Proof ChatGPT Massively Increases Productivity
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