Innovative Partnerships in Accounting: The Lifestyle Connection

Are AI bank feeds helping—or just creating more work? Blake and David unpack Intuit’s missteps, why “use AI to make the rules” matters, and how a no‑code agent now posts multi‑line bills to Xero. They demo Excel’s new "copilot()" function, share how FP&A roles are shifting, and hit headlines from Barstool’s lawsuit to tariffs and Gusto’s Guideline deal. You’ll leave with practical ways to deploy AI, avoid hidden risks, and boost margins.

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• (00:43) - Planning with AI
• (02:03) - The Threat of AI to Consultants
• (04:41) - AI in QuickBooks: A Double-Edged Sword
• (06:19) - AI's Limitations and Future in Accounting
• (27:02) - Excel's New AI Copilot
• (28:22) - Introducing the Copilot Function in Excel
• (33:50) - AI in the Workplace: Challenges and Opportunities
• (37:44) - Barstool Sports vs. Omega Accounting Solutions
• (41:29) - New Tariff Policies and Their Impact
• (53:45) - Gusto Acquires Guideline for Retirement Services
• (54:26) - Conclusion and CPE Information

Show Notes

Bring AI to your formulas with the COPILOT function in Excel
https://techcommunity.microsoft.com/blog/microsoft365insiderblog/bring-ai-to-your-formulas-with-the-copilot-function-in-excel/4443487

FP&A pros anticipate AI-driven headcount reductions
https://www.accountingtoday.com/news/fp-a-pros-anticipate-ai-driven-headcount-reductions

President Trump Ends Unfair "De Minimis" Tariff Exemption, A Major Victory in Securing the Homeland https://www.dhs.gov/news/2025/07/31/president-trump-ends-unfair-de-minimis-tariff-exemption-major-victory-securing

Fact Sheet: President Donald J. Trump is Protecting the United States' National Security and Economy by Suspending the De Minimis Exemption for Commercial Shipments Globally
https://www.whitehouse.gov/fact-sheets/2025/07/fact-sheet-president-donald-j-trump-is-protecting-the-united-states-national-security-and-economy-by-suspending-the-de-minimis-exemption-for-commercial-shipments-globally/

Barstool Sports Sues Accounting Firm Over Unpaid Advertising Bills
https://www.sportico.com/law/analysis/2025/barstool-omega-accounting-solutions-advertising-lawsuit-1234868719/

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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