The Accounting Podcast

Buckle up for a wild ride covering everything from brazen ERC scams to cutting-edge AI. Join Blake and David as they expose the rampant fraud sucking billions from the federal coffers. You'll hear an unbelievable voicemail scam promising gangbusters refunds—could it really be Snoop Dogg or is your mind playing tricks?

Fast forward to the bleeding edge of technology with jaw-dropping examples of AI voice and face swapping. Think real-time translation opening global markets. But not so fast—can emerging tech replace human accountants offshore? We tackle the automation debate head-on.

Strap on your justice caps as the crew champions entrepreneurial accountants breaking free from the shackles of the timesheet. But will AI be the death knell of the billable hour? Tune in to find out!


Chapters

• (00:45) - David got a voicemail from Snoop Dogg!
• (08:42) - Mark Cuban and Warren Buffett talk about why accounting is important
• (12:50) - Couple gets married in the accounting classroom where they met
• (14:51) - Purdue accounting professors invite accounting students and alumni to tailgate together at football games
• (15:51) - AICPA drops the ball on member survey
• (19:11) - Vegas gets hit by cyber attacks
• (23:30) - Square outage causes problems for small businesses
• (25:32) - The Doberman dog breed is named after a German tax collector
• (26:33) - JP Morgan partners with Gusto to offer online payroll
• (28:36) - American Express & Walmart expand small business offerings
• (31:47) - AI real-time language translation for video and audio is not far away
• (39:01) - The future of voice assists and integration with LLM's
• (43:58) - 29-year-old accountant quits firm to open her own
• (49:34) - Offshoring vs. automation
• (55:26) - Blake's new lawyer charges by the hour...sometimes
• (57:39) - Thanks for listening and how to earn free CPE

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JPMorgan to offer online payroll services                

 

I.R.S. Freezes Pandemic-Era Tax Credit Amid Fraud Fears  

 

The Cyberattack That Sent Las Vegas Back in Time              

 

Caesars Paid Ransom After Suffering Cyberattack – WSJ

 

Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm now

 

Mark Cuban on Accounting via Hector Garcia

https://youtube.com/watch?v=VT_SCYbkmd8&si=3fLUqsQbqIlCzkgA

Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm now

 

How Amex is building a B2B ecosystem for SMBs 

 

IRS halts new ERC processing after flood of bogus claims 

 

Don't offshore. Automate instead             

 

MGM hack has Vegas hotels resorting to cash bars, paper vouchers           

 

They found love in their accounting classroom. Ten years later, they ...      

 

Walmart Business Has a Plan to Boost SMB Cash Flow      

 

Square and Cash App outage creates trouble for small businesses               

 

MGM Resorts Hack Becomes Hassle for Vacationers Who Must Use Cash 

 

Cash App And Square Face System Outage, Keeping Users From Their Coins           

 

Square outage costs small business owners thousands in lost revenue       

 

Americans Would Pay $120 a Year to Have a Reliable and Smart Voice Assistant    

 

Catering to the $300 billion SMB industry with American Express Business Blueprint           

 

MGM Resorts says cyberattack could have material effect on company     

 

Hackers claim MGM cyberattack as outage drags into fourth day 

 

Hackers claim it only took a 10-minute phone call to shut down MGM Resorts       

 

Purdue University professors created a formula that's attracting more students to accounting        

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

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