Google Blames Accounting Layoffs on AI

Blake and David take a dive into Google's decision to offshore accounting jobs to Mexico and India, which Google’s CFO claims is necessary to free up resources to invest in AI. They also discuss the stagnation of CPA salaries despite a shortage of talent. The conversation touches on a variety of other topics, including the modernization of the IRS, the future of the CPA profession, and advice for young accountants looking to carve their own career paths in a rapidly changing industry.


Chapters
  • (05:53) - Blake reads some tweets about hours people are working during busy season
  • (10:52) - Unlimited PTO is worse for employees
  • (13:22) - College degrees aren't necessary for success
  • (20:24) - Florida creates retired CPA status
  • (23:35) - Listener mail on the 150-hour rule and salaries
  • (29:16) - Update on Boston's commercial real estate woes
  • (33:48) - Why office rent prices are still so high
  • (43:10) - Some encouraging IRS news
  • (48:27) - Internal audit reveals 279 former IRS employees or contractors still had access to logins
  • (52:12) - Offshoring can be good or bad
  • (54:04) - Setting a limit on billable hours
  • (55:50) - Let accounting firms decide what requirements accountants need
  • (58:08) - The rise of the "remote partner"
  • (01:04:00) - Wrap up and Earmark now has a web browser version
 
Show Notes
Google restructures finance team as part of AI shift, CFO tells employees in memo
 
Josh Youngblood, EA didn’t work over 40 hours per week in tax season
 
Skills-Based Hiring Can Shred the Paper Ceiling | BCG
 
The Office Market Is in Turmoil. So Why Are Rents More Expensive? – WSJ
 
Florida Legislature Passes Bill Creating New Retired CPA Status | Florida Institute of CPAs
 
Kyle J. Bauman, CPA on X: "“Unlimited PTO” “Only 2100 Hours”
 
62% of Americans Lack a College Degree. Can They Solve the Labor Shortage?
 
Senior Leaders Nearly Twice as Likely To Receive AI Resources as Junior Staff | CFO
 
IRS didn't remove contractors' access to sensitive information | Accounting Today
 
Boston mulls commercial tax hike        
 
IRS Commissioner Delivers End Of Tax Filing Season Message Touting Improvements
 
Florida Creates New Status for Retired CPAs in the State          
 
Treasury cash balance jumps most in 2 years as tax payments rise
 
The rise of the remote accounting firm partner               
 
Werfel sees IRS budget request yielding $341B in extra revenue
 
Google restructures finance team as part of AI shift, CFO tells employees in memo
 
Despite moratorium, IRS gets 20,000 ERC claims weekly, Werfel says


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Transcripts
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
Host
David Leary
President and Founder, Sombrero Apps Company
Google Blames Accounting Layoffs on AI
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