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The Unique CPA
Tech and the Future of Accounting: A Chat with The Radical CPA
Aug 13, 2024
In this engaging conversation, Jody Padar, an influential figure in accounting technology and an early adopter of cloud computing, discusses the evolution of accounting. She highlights the transformative impact of cloud technology and AI on the profession. Jody emphasizes the need for accountants to embrace these tools to improve efficiency and work-life balance. The chat also touches on the importance of navigating AI risks while sharing personal passions like outdoor adventures and the value of community connections among CPAs.
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Quick takeaways
- The evolution of accounting technology, especially with the advent of AI and cloud computing, necessitates that accountants adapt their practices for enhanced efficiency and productivity.
- Embracing new technologies in accounting can lead to improved job satisfaction and healthier work-life balance, reshaping the profession's strategic role beyond traditional tasks.
Deep dives
The Evolution of Cloud Accounting
The transformation of accounting practices through cloud technology began in 2006 when new models for operation were explored. Firms that integrated cloud options effectively changed their business approaches, demonstrating the necessity of adapting current practices to leverage new technologies. Early on, a movement was recognized by the AICPA, emphasizing that simply using new tools without modifying existing workflows results in inefficiencies. Jody Pader exemplifies how innovative thinking in accounting practices can enhance productivity and fundamentally change how firms interact with clients.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode