Ramp Wants to Be the Federal Spend Card, Interview with Mark Koziel
The Accounting Podcast
Navigating Economic Uncertainty and Regulatory Challenges
This chapter explores the potential removal of the PCAOB and its impact on government spending, citing historical audit failures like Enron. It discusses how tariffs and economic pressures are influencing corporate strategies, resulting in cost-cutting measures and cautious consumer behavior. Additionally, it examines legal complexities surrounding tariff regulations and their broader implications for corporate finance.
Could you spend years earning your CPA license only to be told you can't use it? In this episode, Mark Koziel, president of the AICPA, joins Blake and David to discuss the shocking trend of firms prohibiting CPAs from identifying themselves as such in emails, on business cards, and even on LinkedIn. Blake and David also explore the economic uncertainty created by Trump's tariff policies, with major corporations cutting costs and delaying investments. Plus, learn about Republican plans to eliminate the PCAOB, the wave of states creating alternative CPA pathways, and why Ramp could become the federal government's spend management platform.
Sponsors
OnPay - http://accountingpodcast.promo/onpay
Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.)
Cloud Accountant Staffing - http://accountingpodcast.promo/cas
RoboDebit - http://accountingpodcast.promo/robodebit
Chapters
- (01:13) - Top News Stories of the Week
- (04:18) - Ramp's Ambitious Federal Government Plans
- (14:04) - Republican Plans to Scrap PCAOB
- (17:56) - Impact of Tariffs on Major Corporations
- (28:45) - IRS Leadership Changes
- (32:31) - Private Equity's New Accounting Firm
- (36:03) - CPA Pipeline Updates: Tennessee, Texas, and Indiana
- (37:46) - Republicans and the Millionaire Tax Idea
- (40:20) - Interview with Mark Koziel: CPA Title Controversy
- (01:06:36) - Fun Facts: The Cost of Replacing the Pope
- (01:08:43) - Earn Free CPE on Earmark
Show Notes
Trump Team Eyes Politically Connected Startup to Overhaul $700 Billion Government Payments Program
https://www.propublica.org/article/trump-peter-thiel-ramp-gsa-smartpay-expense-payment-system
Big 4 Alum Start Their Own Thing Hoping Clients Want Something Different and Conflict-Free
Texas passes CPA law as push to lower licensure barrier gains steam
Draft bill would eliminate PCAOB
https://www.accountingtoday.com/news/draft-bill-would-eliminate-pcaob-empower-sec
Why The IRS Went Through 4 Acting Commissioners In 3 Months
https://abovethelaw.com/2025/04/why-the-irs-went-through-4-acting-commissioners-in-3-months/
'Hard no': Millionaire tax hike proposal has House Republicans divided
https://www.foxnews.com/politics/hard-no-millionaire-tax-hike-proposal-has-house-republicans-divided
Tariffs and global trade: The economic impact on business
Firms with AI report higher per-employee revenue
https://www.accountingtoday.com/news/firms-with-ai-report-higher-per-employee-revenue-vs-others
The mysterious donor who paid for Pope Francis' funeral
https://en.ara.cat/misc/the-mysterious-donor-who-paid-for-pope-francis-funeral_1_5357026.html
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
TeePublic Store: http://cloudacctpod.link/merch
Subscribe
- Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
- YouTube: https://www.youtube.com/@TheAccountingPodcast
- Spotify: http://cloudacctpod.link/Spotify
- Podchaser: http://cloudacctpod.link/podchaser
- Stitcher: http://cloudacctpod.link/Stitcher
- Overcast: http://cloudacctpod.link/Overcast
Classifieds
REFRAME 2025 - http://accountingpodcast.promo/reframe2025
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 o...
The AI-powered Podcast Player
