Accounting Today Podcast

Accountants discuss emerging risks including tax examinations, financial statement reporting challenges with cannabis, noncompliance with laws and regulations, and payer's to entity tax. They provide advice on protecting oneself during tax season, the importance of billing regularly and using engagement letters, and proactive measures for preventing lawsuits and claims.

For accounting firms to scale, they need to build a stronger infrastructure of professional HR, marketing, IT and other support systems, says Rachel Anevski, the founder of Matters of Management.

Accounting technology expert Randy Johnston discusses the current and future capabilities of accounting tech, including the rise of cloud-based platforms and automation. He explores the challenges faced by buyers in the market, the complexity of ESG reporting, and strategies for approaching and implementing accounting software.

It's not about answering their calls and doing what you promised you would: Sarah Dobek of Inovautus Consulting explains why firms should elevate their clients experience.

Promoting a top performer doesn't always guarantee they'll stay -- in fact, it's often their ticket out. ADP chief economist Nela Richardson shares the surprising data, and how to navigate these transitions better.

Dominique Molina and Tom Gorczynski, co-hosts of the 'Tax Crime Junkies' podcast, share stories of tax crimes, including fraud and embezzlement, murder cases involving individuals in the tax industry, and the shocking deception of a former IRS agent. They discuss their fascination with true crime stories involving taxation and emphasize the importance of competence and ethics in the tax profession. They also talk about the growing popularity of their podcast and express gratitude to their listeners.

The podcast explores the impact of AI in accounting, its potential future uses, and the importance of human intervention. It discusses the evolution of AI in the tax marketplace and the significance of having an AI initiative for businesses of all sizes.

Marna Ricker, global vice chair of tax at EY, discusses the latest developments on the global minimum tax and digital service taxes at the Organization for Economic Cooperation and Development, and how they will affect the U.S.

Many firms find they're hitting a major hurdle when it comes to taking advisory services to the next level; Sarah Dobek of Inovautus Consulting shares why, and what to do about it.

With so much disruption being thrust upon them, you'd think the last thing accounting firms would want to do is to disrupt themselves — yet that may be exactly what they need to do, says Bob Lewis of The Visionary Group.