Is Intuit Going Enterprise? In THIS Economy?

In this episode, Blake and David dive into Intuit's strategic shift towards enterprise solutions, discussing the potential impact on the accounting industry. They also examine some recent economic trends, including the U.S. debt situation and its comparison to historical empires. They then get into audit deficiency rates reported by the PCAOB, highlighting the need for transparency and reform in the auditing profession. There's also talk AI applications in education, recent accounting scandals, and more challenges facing the accounting industry.


Chapters
  • (01:50) - Intuit's Strategic Shift to Enterprise
  • (04:42) - Intuit's Pricing and Market Position
  • (13:11) - Economic Outlook and Accountants' Perspectives
  • (21:45) - China's Debt and Bankruptcy System
  • (28:52) - Listener Mail and Industry Insights
  • (35:56) - A Compromise Between Hourly Billing and Subscription Pricing
  • (45:33) - AI as a Personal Tutor
  • (46:34) - Understanding SAFE Notes
  • (54:24) - AI in Retail and Business
  • (01:01:47) - Audit Deficiencies and Industry Issues
  • (01:25:34) - Conclusion and Final Thoughts
 

Show Notes
Intuit (INTU) Q4 2024 Earnings Call Transcript
 
6 podcast episodes CFOs should listen to before summer ends
 
Accountants bearish, mostly
 
Goldman Sachs Lowers Probability of US Recession
 
China’s Punishment for People With Bad Debts: No Fast Trains or Nice Hotels
 
Target to Roll Out Transformative GenAI Technology to its Store Team Members Chainwide
 
N.J. Accounting Professor Convicted of Tax Evasion
 
Everyone from the sunken yacht off Sicily has now been accounted for
 
PCAOB Posts 2023 Annual Inspection Reports Alongside Staff Observations and New Charts To Boost Transparency
 
EY Sheds U.S. Audit Clients in Response to Shortfalls
 
Regulator Explores Naming Companies Tied to Auditing Deficiencies Amid Investor Pushback
 
Auditors failed to raise alarm before 75% of UK corporate collapses

Need CPE?
Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com

Get in Touch
Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.

Sponsorships
Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.

Need Accounting Conference Info? 
Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

Subscribe

Classifieds
Forwardly - https://www.forwardly.com/
Client Hub - https://clienthub.app/
Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

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
Is Intuit Going Enterprise? In THIS Economy?
Broadcast by