The Accounting Podcast

We're celebrating surpassing 10,000 YouTube subscribers! Thank you! Blake and David look into H&R Block's new reality show about teaching people life skills like doing their taxes. They also talk about workflow automation challenges for accounting firms, how the IRS is contacting wealthy non-filers, and the Trump Organization CFO pleading guilty to perjury. They also break down the SEC's extensive new climate disclosure rules and the job opportunities this could create for accountants.


Chapters

• (03:04) - H&R Block is creating a reality TV show
• (08:51) - WSJ Op-Ed says IRS agents shouldn't work from home
• (12:21) - The Accountant 2 gets a big tax credit
• (14:42) - South Carolina finds $2 billion in bank account
• (20:49) - Bloomberg article on the lack of accountants
• (23:18) - Regional banks in trouble?
• (27:00) - Lyft being sued by their shareholders
• (29:39) - Is bad workflow automation the cause of bad work/life balances?
• (37:42) - CPA Trendlines: "Which Niche is the Best Niche?"
• (46:28) - TurboTax and H&R Block are using AI giving awful tax advice
• (50:12) - Blake shares new SEC rule's GPT he made
• (53:19) - AI and data privacy concerns
• (55:48) - Can AI predict when you'll die?
• (01:01:37) - Former Trump CFO Allen Weisselberg pleads guilty to perjury
• (01:03:56) - Thanks for listening and remember to subscribe

 

2024 Report: The State of Accounting Workflow Automation

 

Gartner Survey Shows That a Third of Accountants Make Several Financial Errors Per Week due to Capacity Constraints       

 

The U.S. is short 340,000 accountants-just look at the wave of earnings report mistakes

 

Intuit, H&R Block tax AIs critiqued on accuracy

 

SC accounting error gets renewed focus over $1.8B sitting in state bank account

 

Ex-Trump Org CFO Pleads Guilty to Perjury in Fraud Case

 

H&R Block to Release Short Format Comedy Streaming Series, “Responsibility Island”

 

Federal court holds Corporate Transparency Act unconstitutional

 

Lyft earnings report error prompts shareholder lawsuit              

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