The Accounting Podcast

Tariffs, Iran, PE, CPA Pipeline, PCAOB, SEC

Jun 25, 2025
Guest
Adam Zaki
In this discussion, Adam Zaki, a finance and accounting reporter at CFO.com, dives into the recent shift in CPA licensure as 19 states abandon the 150-hour requirement. He examines the chaos tariffs have unleashed on CFO strategies, highlighting how economic uncertainty is reshaping demand for accounting services. Zaki also reflects on the future of the PCAOB amidst legislative changes, explores the role of AI in transforming audit teams, and discusses the evolving responsibilities of CFOs, revealing a complex landscape for finance professionals.
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INSIGHT

CFOs Manage Tariff Uncertainty

  • Managing politics and uncertainty is the hardest part for CFOs dealing with tariffs.
  • Proactive CFOs who prepare in advance perform better in navigating global supply chain issues.
INSIGHT

Tariffs' Legal Status Uncertain

  • Legal challenges could invalidate Trump's tariffs, creating major uncertainty.
  • High tariffs like 100% on Chinese goods would devastate affected companies.
ANECDOTE

Tariffs Drive CFO Turnover

  • The CFO of Five Below developed a tariff response plan but then left the company.
  • High tariff pressure causes CFO turnover as the role becomes untenable under uncertainty.
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