The Accounting Podcast

What happens when AI starts doing the audit work itself? Blake and David dig into KPMG’s prediction that routine audit testing could soon happen with almost no human auditors directly involved. They also cover the IRS’s unfinished AI projects, the end of Direct File, new tax-on-tips rules, and why firms investing more in marketing are growing faster. Press play to hear what these shifts could mean for accountants, firms, and clients.


Chapters

• (00:00) - Audits Without Humans
• (00:22) - Tax Day Show Kickoff
• (02:30) - When Tax Day Hit Post Office
• (04:34) - E Filing Ends The Party
• (05:23) - This Week Top Stories
• (05:58) - Warehouse Fire Accounting Impact
• (08:52) - Compliance Time Cost
• (11:04) - No Tax On Tips Rules
• (13:44) - IRS AI Projects Stall
• (14:43) - Direct File Cost Debate
• (17:30) - Xero Os Buzzword Critique
• (20:32) - Can Ai Replace QuickBooks
• (21:23) - Reddit Claude Accounting System
• (22:45) - Firms Lose Stack Control
• (23:27) - AI Makes More Cleanup
• (23:58) - Tidwell Spreadsheet Accounting
• (25:13) - Tax Preparer Fraud Cases
• (27:17) - Big Four Audit Automation
• (30:58) - EY Office Mandate and Careers
• (34:01) - Firm Growth Marketing and AI
• (36:19) - Audit Lawsuits and Penalties
• (40:19) - Juno AI Tax Prep Funding
• (42:27) - Workers Skipping AI Review
• (44:36) - Agentic Frameworks and Omni
• (47:19) - Wrap Up and Free CPE

 

How Tax Day Turned Into Party Night at the Post Office

Americans to Spend 11.6 Billion Hours Completing Federal Compliance Forms

IRS Publishes List of Jobs That Qualify for 'No Tax on Tips' Provision

IRS AI Projects Fall by the Wayside Due to Staff Cuts

IRS Inflated Direct File Costs by $45 Million in 2025

Xero OS: Your Operating System for the Future of Autonomous Finance

Tidwell — MCP Accounting Server (Reddit reference)

Warehouse Worker Charged in $500M Arson Attack at Kimberly-Clark Distribution Center

New Jersey Tax Preparer Sentenced in Largest COVID-19 Tax Relief Fraud Case

Pennsylvania Tax Preparer Jessica Cordero Faces Federal Charges in New Fraud Scheme

In This Critical Part of Audits, the Accountant's Role Is Shrinking Fast

KPMG Plans to Cut Up to 440 Audit Jobs in UK

EY Requiring U.S. Tax Staff to Work In-Person 12 Days a Month

AI Is Changing How EY Recruits, Develops and Promotes Employees

High-Growth Accounting Firms Spend Twice as Much on Marketing

Evergrande Liquidators and PwC Head to Court

Ontario Securities Commission Accuses KPMG of Botching Audits for Bridging Finance

Juno Raises $12M Seed to Scale AI Tax Preparation Platform

AI Slop Survey: A Third of Workers Rarely Check AI Output Before Using It

Agentic AI Frameworks and Artifact's Omni Platform Launch

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