
The Accounting Podcast
The Accounting Podcast (formerly the Cloud Accounting Podcast) is the world's #1 accounting, bookkeeping, and tax podcast! Join us weekly for a roundup of accounting news, analysis, and interviews. Plus, earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at https://earmarkcpe.com.
Latest episodes

Apr 15, 2025 • 1h 35min
DOGE Proves IRS Can Move 100X Faster Without Red Tape
What happens when a trade war meets bureaucratic red tape? In this episode, Blake and David dive into the explosive impact of 145% tariffs on Chinese goods and what it means for American businesses' bottom lines. Through real-world examples—from small retailers to tech giants like Apple—they break down how these policies could devastate supply chains and force difficult decisions for companies caught in the crossfire.Meanwhile, the Department of Government Efficiency is shaking up the IRS, transforming a login button change from a 103-day project into a 71-minute fix. But that's not all: CPAs at private equity-owned firms are now being told to remove their credentials from email signatures and LinkedIn profiles. Tune in to understand how these seemingly separate issues reflect larger battles over professional identity, government efficiency, and America's economic future.Sponsors RoboDebit - http://accountingpodcast.promo/robodebitCloud Accountant Staffing - http://accountingpodcast.promo/casBluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) Chapters(01:40) - Weekly News Roundup
(03:03) - IRS Updates and Controversies
(03:59) - Private Equity and CPA Titles
(05:08) - Government Efficiency and IRS Hackathon
(20:08) - Tariffs and Trade Wars
(29:19) - Impact of Tariffs on Businesses
(47:55) - Economic Impact of Tariffs and Debt
(48:48) - Trump Administration's Strategic Challenges
(49:36) - Job Loss Projections Due to Tariffs
(52:31) - China's Economic Transformation and Future
(56:05) - Human Impact of US-China Trade Policies
(01:00:10) - IRS Sharing Tax Information with Homeland Security
(01:04:28) - Private Equity's Influence on CPA Firms
(01:17:51) - Shopify's AI Hiring Policy
(01:30:47) - Conclusion and Announcements
Show NotesDepartment of Government Efficiency – X posting on re-engineering a 103-day projecthttps://x.com/DOGE/status/1910067646827057152DOGE plans now reportedly include an IRS ‘hackathon’https://www.theverge.com/news/644327/musk-doge-irs-hackathon-taxpayer-data-transfer-cloudIRS Workers Get Final Chance to Take Deferred Resignation Offerhttps://www.cpapracticeadvisor.com/2025/04/07/irs-workers-get-final-chance-to-take-deferred-resignation-offer/158668/Appeals Court Clears Path for Trump to Resume Firing ...https://www.nytimes.com/2025/04/09/us/politics/trump-federal-workers-firing.htmlElon Musk Secretly Working to Rewrite the Social Security Codebase Using AIhttps://futurism.com/elon-musk-rewriting-social-security-code-aiPentagon hits Accenture, Booz Allen and Deloitte with contract cancellationshttps://www.nextgov.com/acquisition/2025/04/pentagon-hits-accenture-booz-allen-and-deloitte-contract-cancellations/404525/?oref=ng-homepage-riverHere’s the iPhone. Here’s the iPhone With Tariffs.https://www.wsj.com/tech/personal-tech/iphone-apple-tariffs-china-bb20c7a3Between tariffs and survival, American business owners are doing alarming mathhttps://www.npr.org/2025/04/07/nx-s1-5352833/trump-tariffs-china-manufacturing-businessesAt Home Group, Stung by Trade War, Explores Bankruptcyhttps://www.wsj.com/articles/at-home-group-stung-by-trade-war-explores-bankruptcy-853b9a83How Much Revenue Can Tariffs Really Raise for the Federal Government?https://taxfoundation.org/research/all/federal/universal-tariff-revenue-estimates/IRS agrees to share tax information of undocumented immigrants with Icehttps://www.theguardian.com/us-news/2025/apr/08/irs-ice-tax-dataActing IRS commissioner resigning after agency reaches data-sharing deal with immigration authoritieshttps://www.cnn.com/2025/04/08/politics/melanie-krause-acting-irs-commissioner-resigning/index.htmlAccounting firm that sold out to private equity is now requiring CPAs that work for them to stop using "CPA" on their personal LinkedIn and in email signatureshttps://www.reddit.com/r/Accounting/comments/1jx2338/accounting_firm_that_sold_out_to_private_equity/?rdt=47047Shopify CEO: No new hires, unless you prove AI can’t do the jobhttps://thehill.com/policy/technology/5239841-shopify-ceo-ai-first-hiringKPMG’s new AI bot has cut interview scheduling time by almost 60% and saved more than 1,000 hours for the talent acquisition teamhttps://finance.yahoo.com/news/kpmg-ai-bot-cut-interview-121831887.htmlNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks 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.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.

Apr 10, 2025 • 1h 3min
Work Less, Earn More: Transforming Accounting into a Rewarding Career (from the Earmark Podcast)
Earmark Media Presents a bonus episode of Earmark Podcast:Join Blake Oliver as he interviews Yuri Kapilovich, a CPA who's cracked the code on balancing work and life in accounting. Discover how Yuri maintains a thriving practice while working just 10-15 hours per week outside tax season and a maximum of 40 hours during crunch time. Learn actionable strategies for setting the right fees, optimizing workflows, and prioritizing fun and family without sacrificing success. Yuri will share his insights on transforming accounting from a grueling profession into an enjoyable and rewarding career. This webinar will equip you with practical tools to revolutionize your work-life balance and rediscover the joy in accounting. Don’t miss this opportunity to make your career more fulfilling and efficient!(Originally recorded on December 4, 2024, on Earmark Webinars+)Meet Our Guest, Yuri KapilovichLinkedIn: https://www.linkedin.com/in/ykapilovich/Learn more about The Fun CPAhttps://www.thefuncpa.co/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks 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.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page

14 snips
Apr 8, 2025 • 1h 33min
The Crazy Calc of Trump's Tariffs & How to Make Fake Receipts With AI
The show dives into the surprising ease of creating AI-generated fake receipts and its implications for expense reporting. It breaks down Trump's complex tariffs, revealing their hidden impacts on consumer prices and market stability. The federal government’s phasing out of paper checks promises to combat fraud significantly. Additionally, the hosts discuss the importance of secure messaging apps like Signal for accountants navigating sensitive communications amidst rising concerns over corporate espionage.

Apr 2, 2025 • 1h 2min
IRS Officials Claim Cuts Will Widen Tax Gap by $500 Billion
What happens when tax enforcement weakens? With 17% of millennials considering skipping their tax filing altogether, Blake and David dig into how IRS budget cuts might impact compliance and revenue. They analyze fascinating survey data revealing what taxpayers truly value when choosing between professional preparation and free options like Direct File. Plus, discover the accounting scandal forcing Financial Times to retract its Tesla analysis, exposing how GAAP complexity confounds even financial experts. You'll also learn why three major US cities face billion-dollar budget holes and the disturbing revelation that duplicate Medicaid payments are costing taxpayers billions—all while Tether still can't produce an audit after ten years of promises.Sponsors Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) TeamUp - http://accountingpodcast.promo/teamup RightWorks- http://accountingpodcast.promo/rightnow2025Chapters(00:00) - Introduction and Podcast Overview
(00:42) - Top Stories of the Week
(02:27) - Sponsor Messages and Event Announcements
(04:52) - Interview with Christina Ho on PCAOB
(07:57) - Discussion on IRS Cuts and Tax Compliance
(19:44) - Survey on IRS Direct File
(28:21) - AI's Impact on Tax Professionals
(29:14) - Discrepancies in Tax Software Results
(30:08) - Public Opinion on Tax Filing Services
(31:23) - Challenges for Tax Professionals
(33:56) - LA's Budget Crisis
(37:41) - Federal Government Spending Issues
(38:45) - Medicaid Duplicate Payments Scandal
(47:12) - Tether's Audit Controversy
(51:55) - Tesla's Financial Discrepancies
(57:33) - Big Four Transparency Rankings
(59:24) - Conclusion and Farewell
Show NotesTax Revenue Could Drop by 10 Percent Amid Turmoil at IRShttps://www.washingtonpost.com/business/2025/03/22/irs-tax-revenue-loss-federal-budget/ Survey: Some Americans Might Roll the Dice on Not Filing Their Taxes This Year Due to IRS Job Cutshttps://www.cpapracticeadvisor.com/2025/03/26/survey-some-americans-might-roll-the-dice-on-not-filing-their-taxes-this-year-due-to-irs-job-cuts/157877/ Most Americans Are Interested in Using IRS Direct File to Prepare and File Their Taxeshttps://taxpolicycenter.org/briefs/most-americans-are-interested-using-irs-direct-file-prepare-and-file-their-taxes TurboTax vs Free Tax USA: A Shocking Price Comparison https://www.tiktok.com/@carolinesadventure/video/7482613418801859870 Survey: 91% of Americans Think Filing Taxes Should Be Freehttps://www.cpapracticeadvisor.com/2025/03/11/survey-91-of-americans-think-filing-taxes-should-be-free/157176/ Why you should think twice before claiming an income-tax extension. ‘This is not the year to do your normal procrastinating.’https://www.marketwatch.com/story/why-you-should-think-twice-before-claiming-an-income-tax-extension-this-is-not-the-year-to-do-your-normal-procrastinating-89937e0d LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffshttps://www.bloomberg.com/news/articles/2025-03-20/la-faces-1-billion-budget-hole-warning-thousands-of-layoffs WSJ investigation: Medicaid paid health insurers billions by covering the same patients twicehttps://www.risehealth.org/insights-articles/wsj-investigation-medicaid-paid-health-insurers-billions-by-covering-the-same-patients-twice/ Tether seeks Big Four firm for its first full financial audit — Reporthttps://cointelegraph.com/news/stablecoin-issuer-tether-big-four-firm-full-reserve-audit-report Financial Times retracts report on Tesla’s alleged shady accountinghttps://www.teslarati.com/financial-times-retracts-report-tesla-shady-accounting/ The Big 4 Transparency Accounting Awardshttps://big4transparency.beehiiv.com/p/the-big-4-transparency-accounting-awards Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks 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.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.y...

Mar 26, 2025 • 1h 24min
Fired IRS Workers Reinstated, Rippling v. Deel, DOGE Cuts Consultants
The hosts dive into the fallout of IRS workforce cuts and their potential effects on tax collection. They explore the high-stakes rivalry between Rippling and Deel, rife with corporate espionage claims and legal battles. A fascinating discussion follows on the rapid advancements in AI, improving task efficiency in accounting. With a humorous touch, they highlight the complexities of this tech revolution and its implications for the future of accountants in a changing landscape.

Mar 17, 2025 • 18min
The Broken CPA Exam: Why Pass Rates Are Collapsing and How to Fix It
Is the CPA exam fundamentally flawed? With FAR section pass rates plummeting to a 15-year low of 36% and a staggering 40-point gap between discipline section pass rates, something isn't adding up. Dr. Josh McGowan of Troy University joins Blake Oliver to dissect these troubling statistics and explore how the 2024 CPA Evolution model may be inadvertently pushing candidates toward "easier" disciplines. They tackle the growing movement to drop the 150-hour requirement and propose a provocative solution: splitting the credential into specialized tax and financial/audit pathways. Whether you're preparing for the exam or leading a firm, this conversation reveals how accounting's licensing system might finally evolve beyond its one-size-fits-all approach.Meet Our Guest, Dr. Josh McGowan, CPALinkedIn: https://www.linkedin.com/in/dr-josh-mcgowan-cpa-503846b7/X: https://x.com/Jmcgowan3838Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks 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.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 14, 2025 • 1h 7min
How Trump's Pick to Run Medicare Paid No Medicare Taxes in 2023
This week on the pod: Judge orders 6 agencies (including IRS?) to rehire fired probationary workers, we dig into the tax trick Dr. Oz used to pay no Medicare taxes, AICPA in pointless talks with the IRS, Digits takes on QuickBooks with AI-powered GL, remote accounting jobs in retreat, and more!SponsorsOnPay - http://accountingpodcast.promo/onpayRelay - http://accountingpodcast.promo/relay RightWorks- http://accountingpodcast.promo/rightnow2025 (use code TAP15 for 15% OFF)Chapters(01:29) - Listener Feedback and Criticism
(02:37) - Political Discussions and Their Impact on Accounting
(12:34) - IRS Workforce Cuts and Technology Issues
(20:44) - Dr. Oz and the Limited Partner Tax Strategy
(33:15) - Viewer Comments and AI Discussion
(33:56) - Digits and AI
(52:29) - Remote Accounting Jobs: Trends and Insights
(58:32) - Deloitte's Audit Integrity
(01:02:01) - IRS Drama: Chief Counsel Clash
(01:03:11) - Podcast Wrap-Up and Listener Engagement
Show NotesDr. Mehmet Oz may have underpaid Medicare and Social Security taxes, Senate Democratic memo findshttps://www.nbcnews.com/politics/congress/dr-mehmet-oz-medicare-social-security-taxes-democrats-memo-rcna196237 DOGE proposes cutting IRS workforce by a total of nearly 20%https://www.cnn.com/2025/03/13/politics/doge-irs-workforce-cuts-downsizing/index.html Judge orders Trump administration to reinstate thousands of fired employees at VA, Defense Department and other agencieshttps://www.cnn.com/2025/03/13/politics/judge-opm-probationary-employees-fired-hearing/index.html AICPA CEO Releases Statement on IRS Services for this Tax Seasonhttps://www.aicpa-cima.com/news/article/aicpa-ceo-releases-statement-on-irs-services-for-this-tax-season Introducing Autonomous General Ledgerhttps://digits.com/blog/agl-announcement/ Building AI that Actually Works: 10 Key Lessons from Calendly’s CPO and Head of UXhttps://www.saastr.com/10-key-lessons-from-calendlys-cpo-and-head-of-ux-on-building-ai-that-actually-works/ Only 9% of SMB finance teams are still working fully remotehttps://www.cfo.com/news/only-9-of-small-medium-SMB-cfos-are-still-working-fully-remote-return-to-office-strategies/740312/ Opportunity to Attract and Retain Highly Motivated Working Parents via Enhanced Flexibility, Stronger Support Systemshttps://kpmg.com/us/en/media/news/kpmg-working-parents-survey-2025.html Steak n Shake's parent company gets an adverse opinion from auditorhttps://www.expressnews.com/business/article/steaknshake-biglari-auditor-adverse-opinion-20204740.php The IRS just demoted its chief counsel who clashed with Elon Musk’s DOGEhttps://fortune.com/2025/03/13/irs-chief-counsel-doge-elon-musk/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks 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.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page

5 snips
Mar 11, 2025 • 1h 17min
IRS to Lay Off 50%, How Trump's Tariffs Are Working
Discover how accounting salaries have stagnated since 2007, leaving many professionals questioning their future. Delve into the IRS's controversial plan to cut its workforce by 50%, raising concerns about tax audits. Explore the surprising historical context of tariffs, featuring insights from Ronald Reagan, and their unexpected effects on the fentanyl trade. Lastly, learn about the legislative advancements aimed at easing CPA licensure requirements as the profession faces modern challenges in meeting investors' needs.

Mar 10, 2025 • 24min
Green Screens and Pink Slips: An IRS Agent's Layoff Story
What happens when political changes collide with tax enforcement? In this revealing conversation, former IRS revenue agent Jeff Johnson shares his firsthand account of being caught in the recent mass layoffs at the IRS. Having just completed seven months of intensive training, Jeff was among 7,000 probationary employees suddenly terminated as part of a broader federal workforce reduction initiative.Jeff pulls back the curtain on the agency's antiquated systems—including 1960s COBOL programming and cryptic green screens that revenue agents must master—and explains why these cuts could mean fewer audits of non-compliant taxpayers. You'll hear how experienced professionals who left established careers to serve at the IRS were dismissed with minimal notice and why this might be just the beginning of a much more significant reduction targeting up to half of the agency's 90,000 workforce.Meet Our Guest, Jeff JohnstonLinkedIn: http://www.linkedin.com/in/jon-jeffery-johnston-6812875Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks 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.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 7, 2025 • 1h 13min
Top 10 College Accounting Programs, PwC Israel Fined, Trump Names Crypto Reserve Coins
What happens when the US government considers creating a cryptocurrency reserve? In this episode, Blake and David dive into Trump's surprising announcement about establishing a crypto strategic reserve and the immediate market reaction. They explore this proposal's potential consequences and skepticism, from security vulnerabilities to valuation challenges.You'll also hear about PwC Israel's $2.8 million fine for exam cheating, Connecticut's push to create alternative CPA licensure pathways, and how accounting firms are expanding into legal services. They also dissect the outcry over federal employees being asked to submit weekly accomplishment reports and break down Citigroup's jaw-dropping $81 trillion transfer error caused by poor software design.Whether you're tracking regulatory changes, interested in the evolution of professional services firms, or simply fascinated by the intersection of finance and technology, this episode delivers insights into the forces reshaping the accounting profession today.Sponsors Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) RightWorks- http://accountingpodcast.promo/rightnow2025 (use code TAP15 for 15% OFF)CPA.com - http://accountingpodcast.promo/cpaChapters(00:00) - Introduction and Welcome
(00:29) - Crypto's Legitimacy and Trump's Announcement
(01:44) - Crypto Market Reactions and Speculations
(04:07) - Personal Updates and Hiking Adventure
(05:36) - Crypto Reserve Concerns and Security Issues
(08:00) - PWC Fined for Cheating Scandal
(11:42) - Top Collegiate Accounting Programs
(16:52) - FinCEN and Beneficial Ownership Reporting
(17:59) - Fyre Festival 2 Announcement
(20:46) - CPA Licensure Pathways and Reforms
(25:33) - Accounting Firms Expanding into Legal Services
(31:53) - Consulting Firms and Government Contracts
(37:38) - Government Spending and Nonprofits
(38:57) - Consulting Costs and Middlemen
(41:26) - The Penny Debate
(43:01) - Federal Employee Accountability
(59:54) - Elon Musk's OpenAI Offer
(01:04:58) - Citigroup's $81 Trillion Error
(01:08:44) - Self-Driving Cars and AI
(01:11:19) - Conclusion and CPE Message
Show NotesTrump names cryptocurrencies in strategic reserve, sending prices uphttps://www.reuters.com/world/us/trump-says-cryptocurrency-strategic-reserve-includes-xrp-sol-ada-2025-03-02/ Crypto's biggest hacks and heists after $1.5 billion theft from Bybithttps://www.reuters.com/technology/cybersecurity/cryptos-biggest-hacks-heists-after-15-billion-theft-bybit-2025-02-24/ PCAOB Sanctions PwC Israel for Quality Control Violations Related to Widespread Improper Answer Sharinghttps://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-sanctions-pwc-israel-for-quality-control-violations-related-to-widespread-improper-answer-sharing CPA Success Index: Ranking the top collegiate accounting programshttps://www.accountingtoday.com/opinion/cpa-success-index-ranks-top-collegiate-accounting-programs FinCEN Not Issuing Fines or Penalties in Connection with Beneficial Ownership Information Reporting Deadlineshttps://www.fincen.gov/news/news-releases/fincen-not-issuing-fines-or-penalties-connection-beneficial-ownership Fyre Festival 2 tickets are on sale for up to $1.1 million after founder served prison time for defrauding investors of the first eventhttps://fortune.com/2025/02/26/fyre-festival-2-tickets-billy-mcfarland-prometheus-pass-music-lineup/ Progress: Tracking the conversation in all licensing jurisdictionshttps://www.mncpa.org/involvement/legislative/broadening-pathways-to-cpa/national/ Aprio Aims to Enter Legal Industry by Combining with Law Firm in Arizonahttps://www.cpapracticeadvisor.com/2025/02/13/aprio-aims-to-enter-legal-industry-by-combining-with-law-firm-in-arizona/156043/ McKinsey Estimates Advisor Shortage of 100,000 by 2034https://www.wealthmanagement.com/wealth-management-industry-trends/mckinsey-estimates-advisor-shortage-of-100-000-by-2034 Saudi Wealth Fund Blocks PwC from Advisory Work for One Yearhttps://www.bloomberg.com/news/articles/2025-02-28/saudi-wealth-fund-blocks-pwc-from-advisory-work-for-one-year A message from SecVA Doug Collinshttps://www.youtube.com/watch?v=r8Z_RkqSAzo Everyone Hates Pennies, Except This Guyhttps://www.wsj.com/business/mark-weller-penny-defender-trump-d543a9de?mod=business_lead_pos1 Federal workers get a new email demanding their accomplishmentshttps://www.npr.org/2025/03/01/g-s1-51490/federal-workers-new-email-accomplishments Fact Sheet: President Donald J. Trump Proceeds with Tariffs on Imports from Canada and Mexicohttps://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-proceeds-with-tariffs-on-imports-from-canada-and-mexico/ Sam Altman Rejects Elon Musk’s Offer To Buy OpenAI Control—And Mocks Xhttps://www.forbes.com/sites/mollybohannon/2025/02/10/sam-altman-rejects-elon-musks-offer-to-buy-openai-control-and-mocks-x/ Former U.S. Senator Robert M...
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