IRS stuck on 1970's technology; Twitter poll says change back to 120 hours; Photos prove accounting thought leaders met; Intuit's 2023 Q2 ResultsSponsorsRelay - https://cloudaccountingpodcast.promo/relayZoho - https://cloudaccountingpodcast.promo/zohoClient Hub - https://cloudaccountingpodcast.promo/clienthubNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe(00:00) - China Tells State Firms to Drop Big Four (00:25) - Preview: "The IRS is broken" (01:09) - Blake and David recap the CPA Educators Conference (08:27) - Some quick listener feedback and Blake interviewed a guest earlier in the week (10:44) - China is telling firms to drop their Big 4 auditors (14:30) - Some updates from Intuit's latest earnings report (19:27) - Blake gives live Chat GPT demo on email responses (24:19) - Vanderbilt University is getting criticized for using Chat GPT to write sympathy email to Michigan State (25:42) - The IRS is using 60 year old technology and won't upgrade it (30:42) - Open Secrets article on Intuit's lobbying money (34:29) - Blake checks in on some live viewer chat (36:15) - The Big 4 and their purpose statements (39:11) - Interview with Jimmy Corley and the 150 hour rule (55:18) - Blake shares a poll from Twitter on 150 hour requirement (57:01) - Criticism on CPA Practice Advisors photo op and article on future of profession (59:22) - Join us next week and where to reach Blake and David Show NotesOpinion | Badly outdated technology plagues the IRS - The Washington Posthttps://www.washingtonpost.com/opinions/2023/02/22/outdated-technology-irs/ China urges state firms to drop Big Four auditors on data risk | Accounting Todayhttps://www.accountingtoday.com/articles/china-urges-state-firms-to-drop-big-four-auditors-on-data-risk Twitter Poll: Should 150 college credits be required or 120 to be a CPA?https://twitter.com/mikesyl36625988/status/1626946277127729155?s=12&t=ETTs0WOvobuoMmjCN8GztQWhat You Should Know About Changing the 150 Hour Rule Before You Debate For or Against Ithttps://www.goingconcern.com/150-hour-rule-changes-issues/ Accounting Thought Leaders Discuss Future of the Profession, Advisory Services, and Taxhttps://www.cpapracticeadvisor.com/2023/02/21/accounting-thought-leaders-discuss-future-of-advisory-and-tax/76941/ Opinion | The IRS should not be running on 60-year-old technologyhttps://www.washingtonpost.com/opinions/2023/02/22/outdated-technology-irs/ Intuit's (INTU) Q2 Earnings and Revenues Beat Estimateshttps://www.zacks.com/stock/news/2058809/intuit-s-intu-q2-earnings-and-revenues-beat-estimates?cid=CS-ZC-FT-analyst_blog|earnings_article-2058809 China to shift away from Big Four accounting firms           https://asiatimes.com/2023/02/china-to-shift-away-from-big-four-accounting-firms/ Intuit Inc. (INTU) Q2 2023 Earnings Call Transcript              https://seekingalpha.com/article/4581444-intuit-inc-intu-q2-2023-earnings-call-transcript Intuit Reports Strong Second Quarter Results and Reiterates Full Year Guidancehttp://www.businesswire.com/news/home/20230223005037/en/Intuit-Reports-Strong-Second-Quarter-Results-and-Reiterates-Full-Year-Guidance How CPA Firms Are Engaging the Next Tax and Accounting Pros  https://news.bloombergtax.com/tax-insights-and-commentary/how-cpa-firms-are-engaging-the-next-tax-and-accounting-pros TurboTax parent company Intuit is pouring more money than ever into lobbying amid push for free government-run tax filing               https://www.opensecrets.org/news/2023/02/turbotax-parent-company-intuit-is-pouring-more-money-than-ever-into-lobbying-amid-push-for-free-government-run-tax-filing/Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need 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/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyStitcher:

Guest Randy Crabtree of The Unique CPA podcast; the UK has an accountant turnover crisis, too; should accountants unionize? Field service app Jobber raises $100 million and more! SponsorsSuiteFiles - https://cloudaccountingpodcast.promo/suitefilesLiveFlow - https://cloudaccountingpodcast.promo/liveflowAnchor - https://cloudaccountingpodcast.promo/anchorNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe(00:00) - Thank you to our sponsor, SuiteFiles (00:26) - Preview: Why Saas businesses look horrible on paper (01:08) - Introduction and welcome Randy Crabtree to the show (03:04) - Some background on Randy and his firm (05:14) - NASBA votes on keeping the 150 hour requirement (08:56) - Will CPAs and audits even be necessary in the future? (11:48) - Did Randy have to get 150 hours? (15:54) - Accounting as an AP class and how to reach more high school students (21:59) - Thank you to our sponsor, SuiteFiles (23:25) - Checking in on the live chat (27:10) - Losing accountants isn't just a United States problem (29:47) - The University of Arizona partners with Deloitte for an accounting scholarship program (30:35) - Blakes plays a clip from Planet Money (35:08) - Thank you to our sponsor, LiveFlow (36:25) - Jobber raises $100 million and the SaaS business model (42:03) - Client Hub launches a free recategorized plan (43:35) - Google Calendar now fights calendar spam (45:23) - Thank you to our sponsor, Anchor (47:02) - CFO's vow to boost their tech influence in 2023 (47:48) - New Zealand company Hnry, raises $35 million in series B (49:03) - Chat CPA website (53:16) - Zapier blog post on best AI productivity tools (56:27) - Randy has to run, and another check on the chat (01:00:02) - Hinge Research put out a high growth study for 2023 (01:01:26) - Would accountants support a type of "union" for better working conditions? (01:06:49) - A few listener emails (01:11:58) - Wrap up and where to reach Blake and David (01:13:36) - Client Hub (01:14:12) - RightTool (01:14:35) - Future Firm Accelerate (01:15:22) - How to advertise in these classifieds Show NotesThe best AI productivity tools in 2023 | Zapier     https://zapier.com/blog/best-ai-productivity-tools/ The Accountant Shortage Isn't Bad Enough For NASBA to Entertain Dropping the 150 Hour Requirement - Going Concernhttps://www.goingconcern.com/nasba-150-hour-rule-accountant-shortage/ HF 1749 as introduced - 93rd Legislature (2023 - 2024)https://www.revisor.mn.gov/bills/text.php?number=HF1749&session=ls93&version=list&session_number=0&session_year=2023&keyword_type=all&keyword=Accountancy ChatCPA - Chat with an A.I. trained by a CPA        https://www.chatcpa.io/ Google adds a new way to block calendar spam. Here’s how to use ithttps://www.cnbc.com/2022/07/20/how-to-block-google-calendar-spam-with-a-new-feature-that-stops-it.html Client Hub Launches a Free Recategorize Plan - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2023/02/13/client-hub-launches-a-free-recategorize-plan/76782/ NASBA upholds 150-hour education requirement for CPA licensure - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2023/feb/nasba-upholds-150-hour-education-requirement-for-cpa-licensure.html CFOs Vow to Boost Tech Influence in 2023https://www.cfo.com/technology/2023/02/tech-spending-2023-finance-team/ LinkedIn poll: Should accountants unionize?https://www.linkedin.com/posts/blaketoliver_accountants-activity-7016853793652838402-2_cC?utm_source=share&utm_medium=member_ios Self-employed bookkeeping platform Hnry books $35 million Series Bhttps://www.startupdaily.net/topic/funding/self-employed-bookkeeping-platform-hnry-books-35-million-series-b/ Jobber fixes on $100M as its platform for home services pros hits ...https://techcrunch.com/2023/02/07/jobber-fixes-on-100m-as-its-platform-for-home-services-pros-hits-200k-users/ Eller College scholarship aims to promote diversity in accountinghttps://azbigmedia.com/business/eller-college-scholarship-aims-to-promote-diversity-in-accounting/ KPMG becomes first Big Four accounting firm to cut staff in US: Reporthttps://www.indiatoday.in/business/story/kpmg-becomes-first-big-four-accounting-firm-to-cut-staff-in-us-2335430-2023-02-16 The Impact of AI on the Accounting Profession   https://www.cpapracticeadvisor.com/2023/02/13/the-impact-of-ai-on-the-accounting-profession/76772/ Accounting: uncovering the hidden gem of the math departmenthttps://www.inklingsnews.com/opinions/2023/02/10/accounting-uncovering-the-hidden-gem-of-the-math-department/ Third of accountants consider changing jobs        https://www.accountancydaily.co/third-accountants-consider-changing-jobsGet in TouchThanks for listening and for ...

We dissect the AICPA's plan; Short seller Hindenburg Research reports that Adani Group had 23 and 24 year-old auditors sign off on financials. WSJ asks: "How can we make accounting cool?"; Biden vows to veto GOP plan to abolish the IRS; CPA exam takers down 25% since 2018; IRS too busy to replace old computers, suspends projectSponsorsOnPay - https://cloudaccountingpodcast.promo/onpayRelay - https://cloudaccountingpodcast.promo/relayFirst Republic Bank - https://cloudaccountingpodcast.promo/firstrepublicNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe(00:00) - Thank you to our sponsor, OnPay (00:19) - Preview: (01:01) - Introduction and some of what we'll cover this episode (03:13) - NPR Marketplace interview with Adrienne Gonzalez and the struggle to find accountants (10:30) - AICPA's town hall (16:43) - Thank you to our sponsor, OnPay (18:01) - Checking in on our live chat (21:12) - Matt asks for ideas on how he should obtain his 150 hours (27:47) - Thank you to our sponsor, Relay (29:55) - Accounting Today article on CPA exam pass rates falling in 2022 (35:59) - GAO says IRS gave up on computer systems upgrade (39:49) - Thank you to our sponsor, First Republic Bank (40:35) - Republican bill to abolish the IRS (43:15) - Lets talk about Adani Group's auditors (46:20) - Tether releases latest attestation report (48:51) - Nikole's voicemail and the Accounting High bracket (51:32) - Company holds "funeral" for QuickBooks (53:35) - Blake reads some listeners comments and feeback (58:05) - Wrap up and the CAP is going ti Expensicon! (59:46) - Classifieds (59:48) - Client Hub (01:00:24) - RightTool (01:00:46) - Federal Tax Updates Podcast (01:01:59) - How to advertise in these classifieds Show NotesHow Can We Make Accounting Cool? - WSJ          https://www.wsj.com/articles/how-can-we-make-accounting-cool-11675973909 If You Let 23-Year-Olds Sign Off on Audits, You're Gonna Have a Bad Timehttps://www.goingconcern.com/adani-group-auditors/ Why there's a national shortage of accountants https://www.marketplace.org/2023/02/07/as-tax-season-approaches-accounting-firms-are-short-on-staff/ Biden Vows to Veto GOP Plan to Abolish the IRS https://www.cpapracticeadvisor.com/2023/02/02/biden-vows-to-veto-gop-plan-to-abolish-the-irs/76458/ Controller - National Women's Soccer League (New York · NY)     https://www.teamworkonline.com/soccer-jobs/nwslsoccer/nwsl-league-office/controller-2034269 What’s New in FreshBooks – 2023             https://www.freshbooks.com/blog/product-updates-2023 Self-employed bookkeeping platform Hnry books $35 million Series Bhttps://www.startupdaily.net/topic/funding/self-employed-bookkeeping-platform-hnry-books-35-million-series-b/ McDonalds Presidents Says California FAST Act Will Kill Restaurantshttps://smallbiztrends.com/2023/01/mcdonalds-presidents-says-california-fast-act-will-hurt-small-business.html New York Requires Disclosure in Small Businesses Financinghttps://www.pymnts.com/news/regulation/2023/new-york-requires-disclosure-in-small-businesses-financing/ Almost 70K ‘questionable’ Social Security numbers used for $5.4B in pandemic-related loans: watchdog  https://thehill.com/policy/finance/3837329-almost-70k-questionable-social-security-numbers-used-for-5-4b-in-pandemic-related-loans-watchdog/ The 15 largest banks in the US    https://finance.yahoo.com/news/15-largest-banks-us-160040404.html Football, lifeguarding, college and accounting      https://hoganstand.com/article/index/326378 Password Managers – An Insightful Accountant Software Comparisonhttps://www.intuitiveaccountant.com/accounting-tech/vendor-news/password-managers-an-insightful-accountant-software-comparis/ IRS more likely to audit Black taxpayers https://www.accountingtoday.com/news/irs-more-likely-to-audit-black-taxpayers Press Release- February 1, 2023: Superintendent Adrienne A. Harris Adopts Updated Regulation For Disclosure Requirements For Commercial Financinghttps://www.dfs.ny.gov/reports_and_publications/press_releases/pr202302011 Crypto’s One-Time Favorite Bank Faces Federal Probe Into FTX Relationshiphttps://www.pymnts.com/cryptocurrency/2023/cryptos-one-time-favorite-bank-faces-federal-probe-into-ftx-relationship/ US Bank launches automated direct deposit switchinghttps://bankautomationnews.com/allposts/payments/us-bank-launches-automated-direct-deposit-switching/ Chase to Expand Small Business Banking Workforce by 20%          https://www.pymnts.com/digital-first-banking/2023/chase-to-expand-small-business-banking-workforce-by-20-pct/

Guest: Intuit Accountants leader Ted Callahan; The latest on QuickBooks Connect 2023; How to defend against ChatGPT stealing your job; Crypto lender Celsius used QuickBooks, too!SponsorsRelay - https://cloudaccountingpodcast.promo/relayLiveFlow - https://cloudaccountingpodcast.promo/liveflowClient Hub- https://cloudaccountingpodcast.promo/clienthubNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe(00:00) - Thank you to our sponsor, Relay (00:26) - Intuit's "Prosperity Ladder" (01:04) - Introduction: Welcome Ted Callahan to the show (02:23) - Earmark launched "Crypto With Accountants" (03:35) - What is Ted's job title and what does he do day to day at Intuit (07:33) - What will Chat GPT and AI change in the accounting industry (09:28) - Will some of Intuit's own internal technology be available for customers to use? (12:08) - Thank you to our sponsor, Relay (13:19) - The Intuit message has changed re: taxes (18:44) - How do you respond to people who say Intuit is now an accountants competitor? (22:53) - Are intuit accounting employees part time? Full time? Get benefits? (26:45) - Thank you to our sponsor, LiveFlow (28:02) - Expanding more on Intuit's accounting employees (33:53) - What should a young owner of a small accounting firm focus on? Where is the opportunity? (38:06) - Let's talk a little about pricing (41:38) - Blake checks in on the live chat (44:40) - Thank you to our sponsor, 3 (46:03) - Some thought on QuickBooks Connect 2022 and plans for QB Connect 2023 (50:17) - FTX and Celsius were on QuickBooks... should they have been? (55:33) - ChatGPT article in Medium using accountants as examples (01:04:25) - David reads a job posting and wrap up (01:07:22) - Client Hub (01:07:59) - RightTool (01:08:21) - Federal Tax Updates Podcast (01:09:35) - How to advertise in these classifieds Show NotesCelsius Was Using QuickBooks for Its Accounting—Just Like FTX – Decrypthttps://decrypt.co/120284/celsius-quickbooks-accounting-ftxCelsius tosses scraps to victims, Alex Mashinsky thought himself infalliblehttps://coingeek.com/celsius-tosses-scraps-to-victims-alex-mashinsky-thought-himself-infallible/ Celsius Network: Final report from the examiner — lies, incompetence and Ponzi schemeshttps://davidgerard.co.uk/blockchain/2023/02/01/celsius-network-final-report-from-the-examiner-lies-incompetence-and-ponzi-schemes/ Intuit Supercharges Virtual Expert Platform with AI Enhancements to Streamline Expert-Assisted Tax Filinghttps://aithority.com/machine-learning/intuit-supercharges-virtual-expert-platform-with-ai-enhancements-to-streamline-expert-assisted-tax-filing/ Will ChatGPT replace you?           https://medium.com/@theo.seeds/will-chatgpt-replace-you-36b05cebe160 AI is not a threat to the accounting profession: as written by an AIhttps://www.accountingtoday.com/opinion/ai-is-not-a-threat-to-the-accounting-profession-as-written-by-an-ai Will ChatGPT replace you?. How to tell if you’re gonna lose your… | by Theo Seeds | Jan, 2023      https://medium.com/@theo.seeds/will-chatgpt-replace-you-36b05cebe160 QuickBooks Live Bookkeeping Pricing - Quickbooks           https://quickbooks.intuit.com/live/pricing/ QuickBooks Connect FAQhttps://quickbooksconnect.com/faq/Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need 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/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastYouTube: https://www.youtube.com/c/CloudAccountingPodcastClassifiedsClient Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFederal Tax Updates podcast - https://federaltaxupdates.com/Want 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? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.Go here to create your classified ad:

Recession needed to increase accounting grads; Amber Setter on improving the CPA pipeline; 2023 tax season officially starts; tech layoffs hit accounting techSponsorsKeeper - https://cloudaccountingpodcast.promo/keeperLiveFlow - https://cloudaccountingpodcast.promo/liveflowAnchor - https://cloudaccountingpodcast.promo/anchorNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe(00:00) - Thank you to our sponsor, Keeper (00:20) - Preview : Accountants are prestressed for busy season (00:56) - Blake is in Tucson; Welcome Amber to the show (04:29) - Who is your ideal customer for coaching? (06:42) - Remote workers save an average of 72 minutes per day (14:49) - Thank you to our sponsor, Keeper (16:22) - YouTube Live comment from Sam on working from home (18:07) - WSJ says the job market for remote workers is shrinking — but the demand is still high (19:37) - Will tech layoffs lead college students to accounting? (22:17) - Is it realistic for someone in tech to transition into accounting? (25:43) - Thank you to our sponsor, LiveFlow (27:03) - George Santos was involved in an alleged $17 million Ponzi scheme in Florida (29:46) - Moody's is working on a scoring system for stable coins (31:09) - Wash sales represent up to 77% of trades on unregulated crypto exchanges (32:56) - The IRS released guidance on crypto check mark on 1040s (33:56) - Are accountants more optimistic for the 2023 tax season (37:53) - Thank you to our sponsor, Anchor (39:42) - The IRS has opened an online portal where businesses can file 1099s (42:08) - A few QuickBooks updates (43:45) - AccountingWED article summarizing all the accounting tech layoffs (46:42) - ChatGPT updates (48:41) - Rocket Lawyer has launched Rocket Tax (53:15) - Listener mail from Greg on his firm actually looking for more clients (58:39) - Message from Jared about Right Tool (01:01:33) - Wrap up, where to reach Amber, and one new review (01:04:17) - Client Hub (01:04:54) - RightTool (01:05:16) - Federal Tax Updates Podcast (01:06:30) - How to advertise in these classifieds Show NotesNew Xero data sees US small business sales slow as consumer spending tightenshttps://www.xero.com/us/media-releases/xero-small-business-insights-usa-january-2023/ KPMG Vice Chair Hopes All the Tech Layoffs Will Scare College Kids Into Accountinghttps://www.goingconcern.com/kpmg-vice-chair-hopes-all-the-tech-layoffs-will-scare-college-kids-into-accounting/ TurboTax Tax Trends Report    https://blog.turbotax.intuit.com/life/turbotax-tax-trends-report-tax-year-2021-53767/ The Argument for Accounting   https://merrimacknewspaper.com/the-argument-for-accounting/ Accounting Software Maker IRIS Sees 30% Growthhttps://www.cpapracticeadvisor.com/2023/01/24/accounting-software-maker-iris-sees-30-growth/76127/ IRS clarifies crypto question on tax formhttps://www.accountingtoday.com/news/irs-clarifies-crypto-question-on-tax-form This forensic accounting startup in Seattle is helping lawyers solve ...      https://www.geekwire.com/2023/this-forensic-accounting-startup-in-seattle-is-helping-lawyers-solve-fraud-investigations/ Bookkeeper Job Description      https://www.executivepastoronline.com/bookkeeper-job-description/ The Largest Accounting Firm in Kentucky Thinks a Tower Will Win the Talent Warhttps://www.goingconcern.com/the-largest-accounting-firm-in-kentucky-thinks-a-tower-will-win-the-talent-war/ Important Changes to QuickBooks Related 1099 Filing and Billing for 2023https://www.intuitiveaccountant.com/accounting-tech/general-ledger/important-changes-to-quickbooks-related-1099-filing-and-bill/ Over 2 in 3 small business owners already feel burnt out in first week of 2023 Intuit QuickBooks research shows  https://finance.yahoo.com/news/over-2-3-small-business-090000132.html IRS opens 2023 tax filing seasonhttps://www.accountingtoday.com/news/irs-opens-2023-tax-filing-season Small businesses lament Sage's monthly subscription changes amid rising costs   https://www.itpro.co.uk/software/369796/small-businesses-lament-sages-monthly-subscription-changes-amid-rising-costs Rocket Lawyer Launches Tax Prep Tool for Small Business Ownershttps://smallbiztrends.com/2023/01/rocket-tax-software-for-small-business.html State Corporate Income Tax Rates and Brackets for 2023 https://taxfoundation.org/state-corporate-income-tax-rates-brackets-2023/ 3.4m still need to file tax return https://www.accountancydaily.co/34m-still-need-file-tax-return Melio Launches Integration To Sync Payments Data with Xero   https://www.prnewswire.com/news-releases/melio-launches-integration-to-sync-payments-data-with-xero-301728971.html Firms Hope to Win With Receipt Data Solutions but Implementation Issues Abound

Meet Our Guest, Lea BriscoeLinkedIn: https://www.linkedin.com/in/lea-briscoe-0765418/Learn more about Purple Wavehttps://www.purplewave.com/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need 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/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastYouTube: https://www.youtube.com/c/CloudAccountingPodcastWant 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? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

SponsorsKeeper - https://cloudaccountingpodcast.promo/keeperRelay - https://cloudaccountingpodcast.promo/relayFirst Republic Bank - https://cloudaccountingpodcast.promo/firstrepublicNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe(00:00) - Thank you to our sponsor, Keeper (00:20) - Preview: Will AI replace accountants in audits (01:04) - Introduction and quick recap of Blake's week in Park City (03:43) - Earmark has launched a new Federal Tax Updates podcast (07:15) - Source says Square is launching their own GL (10:46) - Some final takeaways from skiing trip (13:18) - Thank you to our sponsor, Keeper (14:55) - Article about a high school student who wants to become an accountant (17:56) - IRS audit rates declined further in 2022 (19:10) - The Tax Foundation made a graphic on the IRS backlog (21:54) - Accountants need to narrow their scope in 2023 (23:13) - Canadian accounting firm sues employee for overbilling on timesheets (28:46) - Thank you to our sponsor, Relay (30:04) - "Office Space" inspired sofrware engineering scam (32:40) - Are mid-career CPAs happy in your firm? (36:25) - David's first reaction to Chat GPT (41:28) - Thank you to our sponsor, First Republic Bank (42:31) - Blake uses Chat GPT live to demonstrate what it can do (47:33) - Chad Davis uses Chat GPT to write fake CAP episode intro (49:46) - Somebody used Chat GPT to try to pass a chartered accountant exam in England (54:45) - Paula's message and idea about a national CPA license (58:38) - Tori's email on how a radical step is needed to change the AICPA (59:53) - Deanna asks for best apps to import journal entries into QBO Advanced (01:01:47) - Accounting firms might want to look into hiring some of these laid off tech employees (01:02:26) - Checking in on the live chat discussion on ChatGPT (01:04:09) - Wrap up and reminder to subscribe to our YouTube channel (01:07:29) - Classifieds (01:07:31) - Client Hub (01:08:08) - RightTool (01:08:30) - Federal Tax Updates Podcast (01:09:44) - How to advertise in these classifieds Show NotesGeorge Clooney to be Headline Speaker at ExpensiCon 2023 - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2023/01/18/george-clooney-to-be-headline-speaker-at-expensicon-2023/75905/ AI chatbot falls just short on accounting exam | AccountingWEBhttps://www.accountingweb.co.uk/tech/tech-pulse/ai-chatbot-falls-just-short-on-accounting-exam IRS audit rates declined further in 2022 | Accounting Todayhttps://www.accountingtoday.com/news/irs-audit-rates-declined-further-in-2022 Are midcareer CPAs happy in your firm? | Accounting Todayhttps://www.accountingtoday.com/opinion/are-mid-career-cpas-happy-in-your-firm 2023 Tax Filing Season: Tax Season Delays & Complexity | Tax Foundationhttps://taxfoundation.org/2023-tax-filing-season/ Canadian accountant is ordered to repay employer for 'time theft' : NPRhttps://www.npr.org/2023/01/13/1148985075/time-tracking-software-canadian-woman-reach-cpa-court 'Office Space' Inspired Software Engineer's Scam, Prosecutors Say - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2023/01/06/office-space-inspired-software-engineers-theft-scheme-prosecutors-say/75515/?_ga=2.116447811.479438550.1673332096-1770167994.1673332096 3 Game-Changing Accounting Trends to Look Out for in 2023 https://www.spiceworks.com/finance/accounting/guest-article/3-game-changing-accounting-trends-to-look-out-for/ Facing Busy Season ’23: 99% of Accountants Suffer Burnouthttps://cpatrendlines.com/2023/01/12/facing-busy-season-23-99-of-accountants-suffer-burnout/ Basecamp details 'obscene' $3.2 million bill that caused it to quit the cloudhttps://www.theregister.com/2023/01/16/basecamp_37signals_cloud_bill/ Accountant must repay employer after software shows ‘time theft’https://www.accountingweb.co.uk/tech/practice-software/accountant-must-repay-employer-after-software-shows-time-theft George Clooney to Headline Expensicon 2023      https://www.intuitiveaccountant.com/education-hub/training-center/george-clooney-to-headline-expensicon-2023/ U.S. accounting watchdog faces lawsuit over its 'secretive ...        https://www.reuters.com/legal/us-accounting-watchdog-faces-lawsuit-over-its-secretive-disciplinary-process-2023-01-20/ TaxBit Announces Acquisition of Digital Asset Accounting Startup ...https://www.prnewswire.com/news-releases/taxbit-announces-acquisition-of-digital-asset-accounting-startup-tactic-301723033.html The IRS names the top tax crooks of 2022https://www.accountingtoday.com/list/the-irs-names-the-top-tax-crooks-of-2022 5 ideas to watch out for in accounting in 2023https://www.accountingtoday.com/news/5-ideas-to-watch-out-for-in-accounting-in-2023 CryptoCFOs Launch App to Access Crypto Tax & Accounting Communi...

Meet Our Guests:Bonnie ForssellLinkedIn: https://www.linkedin.com/in/bonnie-l-forssell-3534535a/Jennifer HerbertLinkedIn: https://www.linkedin.com/in/jennifer-herbert-a87919a5/Learn more about Vitamin Angelshttps://www.vitaminangels.org/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need 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/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastYouTube: https://www.youtube.com/c/CloudAccountingPodcastWant 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? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

SponsorsZoho - https://cloudaccountingpodcast.promo/zohoLiveFlow - https://cloudaccountingpodcast.promo/liveflowAnchor - https://cloudaccountingpodcast.promo/anchorNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe(00:00) - Thank you to our sponsor, Zoho (00:27) - Preview: We need to make accountants aware of accounting career paths with real work life balance (01:11) - Introduction and quick overview of Blake's week and FAA meltdown (11:22) - What logic did the firm give David for letting him go? (21:15) - Thank you to our sponsor, Zoho (22:40) - Not enough firms are offering remote work (25:38) - Accountants don't need help getting clients (27:56) - Blake shares a story about his friend switching firms (29:44) - Blake shares a chart from CPA Trendlines (33:35) - What is the starting salary for a CPA at a medium to large firm? (37:16) - Thank you to our sponsor, LiveFlow (38:25) - Quick follow up on the story of a recent accounting graduate choosing the military over a Big 4 firm (40:06) - What is Profit First? And what do you do? (46:20) - Parkinson's Law (49:53) - Thank you to our sponsor, Anchor (52:39) - Jennifer's voicemail about her networking event for students (56:19) - Going over some comments in our live chat (01:02:47) - Linda's message about Illinois lowering the CPA hours requirement from 150 to 120 hours to sit for the exam (01:06:26) - Bernard's feedback on the Ron Baker episode (01:10:25) - David makes a new 2023 prediciton (01:11:08) - Rusty's message about North Carolina's CPA license requirements (01:13:54) - Wrap up and where to reach Blake and David (01:15:14) - Classifieds (01:15:16) - Client Hub (01:15:53) - RightTool (01:16:15) - Federal Tax Updates Podcast (01:17:27) - How to advertise in these classifieds LinksMore remote workers than workhttps://www.linkedin.com/news/story/more-remote-workers-than-work-5073937/http://btaxgo.com/ufadlli            SEC Charges Genesis and Gemini Following Crypto Collapse Contagion https://www.pymnts.com/cryptocurrency/2023/sec-charges-genesis-and-gemini-following-crypto-collapse-contagion/IRS Provides Tax Relief for California Storm Victims   https://blog.turbotax.intuit.com/tax-news/irs-provides-tax-relief-for-california-storm-victims-53808/AICPA Unveils Plans for Redesigned CPA Exam in 2024 ...https://insidepublicaccounting.com/2023/01/aicpa-unveils-plans-for-redesigned-cpa-exam-in-2024/2023: The Year of Crypto Compliance      https://www.corporatecomplianceinsights.com/2023-crypto-predictions/Quickbooks missed a golden opportunity to market itself with the FTX sagahttps://medium.com/coinmonks/quickbooks-missed-a-golden-opportunity-to-market-itself-with-the-ftx-saga-d381c373af05?source=rss----721b17443fd5---4The Financial Future: The Impact of AI on Finance and Accountinghttps://medium.com/@businessbreakthrough/the-financial-future-the-impact-of-ai-on-finance-and-accounting-d8d350edcb1dMost companies pay $11 or more per expense reporthttps://www.accountingtoday.com/news/most-companies-pay-11-or-more-per-processed-expense-reportTerry Smith fires darts at Meta, Apple, Unilever and accounting ...https://www.proactiveinvestors.com/companies/news/1002893/terry-smith-fires-darts-at-meta-apple-unilever-and-accounting-practices-after-fundsmith-underperforms-1002893.htmlIntuit Plans To Launch Crypto-Related Software’shttps://thecryptobasic.com/2023/01/10/intuit-plans-to-launch-crypto-related-softwares/IRS audit rates declined further in 2022https://www.accountingtoday.com/news/irs-audit-rates-declined-further-in-2022Addressing the accounting hiring crisis  https://www.accountingtoday.com/opinion/addressing-the-accounting-hiring-crisisIRS Cultivating Ties With Crypto Companies to Combat Fraud https://www.pymnts.com/cryptocurrency/2023/irs-cultivating-ties-with-crypto-companies-to-combat-fraud/Sam Bankman-Fried Tweets From Parent’s Basement, Denies Moving Funds From Alameda Researchhttps://beincrypto.com/sam-bankman-fried-tweets-parents-basement-denies-moving-funds-alameda-research/Chewy CFO Seeks Labor Cost Savings via Automated Fulfillmenthttps://www.pymnts.com/news/retail/2023/chewy-cfo-seeks-labor-cost-savings-via-automated-fulfillment/AICPA Says It Was Not Hacked, Refutes Reporthttps://www.cpapracticeadvisor.com/2023/01/12/aicpa-says-report-about/75816/Attackers steal AICPA emails passwords https://cybernews.com/news/attackers-steal-aicpa-emails-passwords/Connect with Ron SaharyanWebsite: https://profitfirstprofessionals.com/ LinkedIn: https://www.linkedin.com/in/ron-saharyan-3846a8/Twitter: <...

Meet Our Guest:Matthew Woodcockhttps://www.linkedin.com/in/matthew-woodcock-230a1210/Learn more about Sprague Pest SolutionsWebsite: https://www.spraguepest.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040 Need Accounting Conference Info? Check out our new website - accountingconferences.com Limited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merch SubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastYouTube: https://www.youtube.com/c/CloudAccountingPodcast Want 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? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com