Sasan Apologizes to Accountants at Intuit Connect
The Accounting Podcast
AI in Accounting and Addressing Labor Shortages
This chapter explores the transformative impact of AI on accounting, focusing on automation of manual tasks like transaction entry. It also addresses the current labor shortage in the field and introduces a sponsor that offers staffing solutions by sourcing talent from the Philippines.
Blake and David examine Sasan Goodarzi's apology and lukewarm reception regarding the recent controversial TurboTax ad campaign. They also take a look at Intuit's new Enterprise Suite product, which aims to compete with NetSuite and Sage Intacct by offering multi-entity accounting capabilities at a lower price point. Moving on, there's talk of Anthropic's new Claude computing capability, EY's resignation as Super Micro Computer's auditor, and Google's declining search market share in the face of AI competition.
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Chapters
- (00:41) - Intuit Connect Recap
- (01:37) - Intuit CEO's Apology
- (09:32) - Intuit's Market Strategy
- (15:45) - Intuit Enterprise Suite Demo
- (30:00) - QuickBooks New Features
- (36:32) - Upcoming AI Webinar Announcement
- (37:06) - Feedback on AI Presentation
- (37:47) - The Future of Tax Preparation with AI
- (39:34) - AI in Action: Cloud Computer Use Demo
- (49:46) - Fraud in Political Campaigns
- (52:53) - Opportunities in Small Town Tax and Bookkeeping
- (57:08) - EY Resigns as Super Micro Auditor
- (01:07:39) - Conclusion and Upcoming Events
- (01:07:56) - Google's Ad Revenue Threatened by AI
Show Notes
EY resigns as Super Micro auditor, causes stock to fall 33%
Intuit Connect 2024: Sasan Goodarzi on AI & the Future of Accounting
https://www.youtube.com/watch?v=1xzKztkuhRY
Introducing computer use, a new Claude 3.5 Sonnet, and Claude 3.5 Haiku
https://www.anthropic.com/news/3-5-models-and-computer-use
'All hell has broken loose': Inside Elon Musk's high-stakes pro-Trump door-knocking effort
BDO must face AmTrust investors' fraud case after US appeals court backtracks
Google’s Grip on Search Slips as TikTok and AI Startup Mount Challenge
https://www.wsj.com/tech/online-ad-market-google-tiktok-9599d7e8
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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
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