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The Accounting Podcast
NATP Breaks Up with Intuit & Fat Joe vs. BDO
Oct 17, 2024
This discussion features Fat Joe, a rapper and businessman who has encountered the pitfalls of accounting fraud. He shares his recent experiences with BDO and highlights the significant risks involved in the accounting profession. The conversation dives into the fallout from Intuit's controversial TurboTax ad and the National Association of Tax Preparers' split with the company. It also touches on Trump's threats against Deloitte and KPMG's push for alternative CPA pathways, shedding light on the evolving landscape in the accounting world.
01:17:59
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Quick takeaways
- The National Association of Tax Preparers severed ties with Intuit due to a controversial ad undermining tax professionals' expertise.
- Deloitte's substantial political donations raise ethical concerns about the interplay between lobbying practices and government contracts.
Deep dives
LiveFlow Recognition and Features
LiveFlow has been celebrated as one of the top accounting and finance software products for 2024, particularly noted for its rapid growth according to G2. This recognition highlights LiveFlow's capabilities in automating financial reporting and enhancing connectivity with popular accounting systems such as QuickBooks and Xero. The software now allows for live data integration with Google Sheets and Excel, enabling accountants to create real-time consolidated reports. Such features enhance workflow efficiency for accountants managing multiple clients or entities.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode