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Liveflow has recently been recognized as one of the best accounting and finance software products for 2024 by G2. With the support of listeners, Liveflow also secured a spot on G2's list of the 100 fastest-growing products of 2024. Additionally, Liveflow was awarded as the most implementable for winter 2024, making it an ideal choice for clients looking to implement it soon.
Earmark introduces a convenient way for accountants to earn CPE (Continuing Professional Education) credits while on the go. By listening to accounting and tax podcasts and completing quizzes, accountants can easily earn their CPE credits. Earmark not only offers a simple process but also ensures valuable insights are gained from top accounting podcasts, enhancing learning experiences.
The podcast delves into the concept of surge pricing and its impact, using Wendy's experimentation with dynamic pricing as a case study. By adjusting prices based on demand, surge pricing can lead to public relations challenges but also offers benefits like ensuring availability of products and achieving market balance. The discussion highlights the potential application of surge pricing in accounting firms to optimize pricing strategies and manage workloads effectively.
Artificial Intelligence (AI) holds the potential to transform accounting education by providing personalized and efficient learning experiences. By utilizing AI tools like Chat GPT, educators can tailor lesson plans, instructional content, and interactive learning experiences based on individual student needs. This approach offers the opportunity for faster learning progress and customized education plans, as opposed to traditional lectures that cater to a general student population. AI can significantly enhance the effectiveness and efficiency of accounting education, making personalized learning accessible to a wider audience.
The integration of AI technology in accounting practice and education signals a shift towards more efficient, personalized, and effective learning and operational processes. AI tools like Chat GPT demonstrate the capability to create detailed lesson plans, instructional content, and visual aids effortlessly, improving the quality and accessibility of accounting education. Moreover, AI streamlines course development and customization, enabling practitioners and educators to focus on higher-value tasks. Embracing AI in the accounting field offers the potential for enhanced learning experiences, improved operational efficiency, and personalized educational content delivery.
Fast food chain Wendy's considers demand pricing – should your firm, too? We discuss the potential for surge pricing tax returns to smooth workload and raise revenue. We also dive into new AI-powered accounting productivity tools from Sage and Xero, Zoho's $5 per user practice management suite, and analyze the results of our listener survey.
Sponsors
LiveFlow - http://accountingpodcast.promo/liveflow
Zoho - http://accountingpodcast.promo/zoho
Client Hub - http://accountingpodcast.promo/clienthub
Show Notes
Introduction to QuickBooks Solopreneur (intuit.com)
Practice software features for businesses | Zoho practice
FTC alleges H&R Block deleted customer tax data, used deceptive advertising
IRS Direct File free tax system moves into public test phase
Intuit introduces QuickBooks Solopreneur for one-person businesses
H&R Block’s online tax prep tricked customers into paying more money, FTC claims
AI will 'change nature' of accounting, says Sage boss
Sage launches generative AI copilot assistant for SME accounting
H&R Block ‘Data Wiping’ and Upgrade Policies Harm Taxpayers, FTC Says
Expert Examines AI's Role in Accounting Education
Sage Intacct Unveils New Features to Streamline Operations and Boost Productivity
Zoho dives into practice management with Zoho Practice
Xero's AI Leap: Unveiling 'Just Ask Xero' to Revolutionize Small Business Accounting
How GenAI will shape the future for our customers
IRS reopens Direct File testing after pause
Study: ChatGPT Won’t Be Replacing Accounting Professors In the Near Future
ChatGPT in Education: Study Reveals Utility and Limits in Financial Accounting Learning
Xero wants to use AI to help your SMB solve all its accounting woes
Wendys surge pricing ai backlash internet
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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.
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