The Accounting Podcast

In this episode, Blake and David examine the story of the 15-year-old who recently passed the CPA exam, as well as recent news involving accounting firms transitioning to corporations, AI investments, and new laws concerning AI hiring. They also cover several tech stories related to accounting, problems with client portals, and much more!


Chapters

• (00:04) - Preview: Accounting firms will transition to corporations
• (01:00) - Blake and David are back from their trips
• (05:03) - A 15-year-old in Mississippi has passed the CPA exam
• (07:00) - Jennifer asks about TAP's TurboTax Live Business experience
• (10:05) - Mackenzie's voicemail re: accounting shortage
• (18:37) - BDO USA is shifting from a partnership to a corporation
• (20:55) - EY officially announces it has called off "Project Everest" but is still the number one US audit firm for public companies
• (24:25) - M365 Co-Pilot updates
• (29:50) - Thomson Reuters announces $100 million per year AI investment
• (32:04) - Avalara launches a sales tax calculator in ChatGPT
• (36:17) - Gusto hires former head of data science and analytics from Google
• (37:09) - Taxfyle releases AI tax-prep bot
• (39:04) - New York announces new AI law for hiring
• (44:15) - A few more quick tech stories and the problems with client portals
• (47:06) - Wrapbook wrap-up
• (51:45) - Where to reach David and Blake

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Tech News: TaxFyle releases AI tax prep bot          

 

Why everyone is mad about New York’s AI hiring law

 

Mississippi youth passes CPA Exam – at Age 15

 

BDO USA is Shifting From a Partnership to a Corporation - CPA Practice Advisor

 

Gusto hires former Google exec to add AI to products | Accounting Today

 

KPMG cuts 5% of U.S. workforce | Accounting Today        

 

KPMG’s Big Four Dominance on Bank Audits Shaken by Failures

 

Thomson Reuters adding AI to tax software | Accounting Today

 

EY Tops Rival Audit Firms in Public Company Clients - CPA Practice Advisor

 

Shopify vows to fight CRA request to hand over records from more than 121,000 Canadian businesses

 

Accounting firm EY calls off ‘Project Everest’ to break up firm ...

 

Finance Automation Platform Ramp Acquires AI Startup Cohere.io

 

BDO USA is Shifting From a Partnership to a Corporation 

https://www.cpapracticeadvisor.com/2023/06/26/bdo-usa-is-shifting-from-a-partnership-to-a-corporation/81445/ 

 

M365 Copilot, Microsoft’s generative AI tool, explained

 

Intuit Supercharges Intuit GenOS with OpenAI’s Large Language Models to Bring GenAI Experiences to Customers

 

Wrapbook Expands its Payroll Platform to Enable Seamless ...

 

Kraken ordered to turn over its users' information to the IRS

 

Some Chicago Restaurants Are Still Adding Surcharges Of Up to 20% to Checks. Should They?

 

As Thomson Reuters Explains Its Acquisition of Casetext, Some Investors Seem Uncertain

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