We're back from the AICPA Engage conference sharing takeaways. Also, we're talking about all the latest generative AI developments in accounting, plus the recent PwC scandal in Australia.
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Chapters- (00:00) - PREVIEW: The PwC scandal
- (00:46) - Blake and David are back from AICPA Engage
- (02:08) - Blake shares his mom's tax return horror story
- (10:13) - Thoughts on the AICPA's 100th Town Hall podcast episode
- (16:10) - How can AICPA grow Engage to be an even bigger event
- (21:03) - It was great to see everyone at AICPA Engage
- (27:11) - Advanced Auto Parts misses 10-Q deadline because they couldn't staff position
- (30:37) - Accounting firms are getting sued for improper ERC returns
- (35:31) - Checking in on the live chat
- (37:31) - Intuit's AI announcement
- (43:33) - CPA.com announces their own generative AI initiative
- (44:50) - Spreadsheet company Equals launches AI Assist
- (45:29) - ChatGPT makes up court cases in federal briefing
- (47:59) - Ikea buys warehouse management SaaS company
- (48:58) - Google DeepMind can create its own algorithms
- (51:23) - Crypto scams are 5x more costly than other cyber crimes
- (52:09) - Let's talk about PwC Australia
- (01:01:25) - Wrap up and where to reach Blake and David
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Show Notes
Google DeepMind’s game-playing AI just found another way to make code faster | MIT Technology Review
https://www.technologyreview.com/2023/06/07/1074184/google-deepmind-game-ai-alphadev-algorithm-code-faster/
Crypto scams five times as costly as other cybercrimes says study | Accounting Today
https://www.accountingtoday.com/news/crypto-scams-five-times-as-costly-as-other-cybercrimes-says-study
A Man Sued Avianca Airline. His Lawyer Used ChatGPT. - The New York Times
https://www.nytimes.com/2023/05/27/nyregion/avianca-airline-lawsuit-chatgpt.html?smid=nytcore-ios-share&referringSource=articleShare
Equals Launches the First Native AI Assistant for Spreadsheets
https://www.newswire.com/news/equals-launches-the-first-native-ai-assistant-for-spreadsheets-22045667
Intuit introduces proprietary large language models for fintech with GenOS
https://cointelegraph.com/news/intuit-introduces-proprietary-large-language-models-for-fintech-with-genos
Intuit (INTU) Introduces Generative AI Operating System
https://www.zacks.com/stock/news/2105195/intuit-intu-introduces-generative-ai-operating-system?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2105195
Intuit Unveils Generative AI Operating System and Finance LLMs for TurboTax, Credit Karma, QuickBooks, and Mailchimp Developers
https://voicebot.ai/2023/06/07/intuit-unveils-generative-ai-operating-system-and-finance-llms-for-turbotax-credit-karma-quickbooks-and-mailchimp-developers/
Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Models
https://financialpost.com/pmn/business-wire-news-releases-pmn/intuit-introduces-generative-ai-operating-system-with-custom-trained-financial-large-language-models
Intuit Launches GenOS: AI Operating System for Financial Data
https://medium.com/@cryptomarket06/intuit-launches-genos-ai-operating-system-for-financial-data-6bf8f161ef3a
IKEA Parent Ingka Acquires Supply Chain Software Solutions Provider Made4net
https://www.pymnts.com/news/retail/2023/ikea-parent-ingka-acquires-supply-chain-software-solutions-provider-made4net/
Landscaping Business Sues Accounting Firm Over Alleged COVID ...
https://www.law.com/dailyreportonline/2023/05/30/landscaping-business-sues-accounting-firm-over-alleged-covid-19-scheme/
Intuit Expert BrandVoice: How Intuit Is Leveraging AI To Catapult The Role Of Tax And Bookkeeping Experts To Deliver Confidence Inspiring Customer Experiences
https://www.forbes.com/sites/intuit-expert/2023/05/23/how-intuit-is-leveraging-ai-to-catapult-the-role-of-tax-and-bookkeeping-experts-to-deliver-confidence-inspiring-customer-experiences/
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