The Accounting Podcast

Firms Using AI Make More $, PCAOB Shutdown Fight, The Impossible Tariff Test

May 7, 2025
AI is shaking up the accounting world, with firms seeing an impressive $45,000 more revenue per employee. Discover how AI tools like Claude can streamline workflows and enhance productivity. The threat of AI voice scams is real, but you’ll learn protective tips against these sophisticated frauds. Amid talk of an impossible customs broker exam, the podcast opens a conversation about new career opportunities in accounting as tariff issues rise. Get ready for a fascinating dive into the future of finance and technology!
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INSIGHT

AI Boosts Firm Revenue

  • Firms actively using AI report $167,000 revenue per employee, far above non-users at $122,000.
  • AI is enhancing efficiency and revenue, not necessarily reducing staff headcount.
ADVICE

Protect Against AI Voice Scams

  • Block unknown callers and create unique family code words to avoid AI voice scams.
  • Verify suspicious calls via secondary channels like texts or location tracking.
INSIGHT

AI Creates New Work Demands

  • AI tools currently save modest time but generate new tasks, offsetting productivity gains.
  • AI is evolving and will create more work despite time saved on specific tasks.
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