27 min listen
Don Jr. Explains GAAP & Why No One's Going Into Accounting
Don Jr. Explains GAAP & Why No One's Going Into Accounting
ratings:
Length:
72 minutes
Released:
Oct 11, 2023
Format:
Podcast episode
Description
Blake and David dig into the use of AI agents in solving problems, emphasizing the effectiveness of assigning different roles to the agents and having them interact with each other to reach satisfactory results. They also discuss the latest accounting news, including the recent arrest of an IRS contractor, the IRS slashing the PTIN fee, ongoing trials, and cyber-attacks.SponsorsRelay - https://cloudaccountingpodcast.promo/relayKeeper - https://cloudaccountingpodcast.promo/keeperAccountests - https://cloudaccountingpodcast.promo/accountestsChapters
(00:47) - Don Jr. explains GAAP
(03:26) - Stories we'll cover this week
(05:32) - WSJ article on why no one is going into accounting
(09:49) - New Illinois CPA Society survey
(12:01) - The IRS is watching people who resold Taylor Swift tickets
(13:30) - Chick-fil-A is testing out robot servers and what accountants can learn in what customers want & expect in restaurants
(17:58) - Zoom adds AI companion features
(23:17) - FedNow hits milestone
(25:26) - Listener mail
(33:34) - QuickBooks offers a $50/month assisted bookkeeping service
(39:52) - Listener mail: Should I change majors from accounting?
(42:36) - FEMA and WGU are alternative ways to earn 150 credits
(45:52) - Microsoft using AI to help AI
(50:19) - Former IRS contractor charged with leaking billionaire tax filings
(54:22) - Trump blaming his former Mazars accountant in fraud trial
(58:55) - CPA Canada vs CPA Quebec and CPA Montreal updates
(01:01:12) - MGM cyber attack follow up
(01:03:35) - WSJ reports Binance is in trouble
(01:07:44) - Wrap up and how to reach us
Show NotesChick-fil-A Reportedly Tests Robot Servers Amid Diner Concerns Around Automationhttps://www.pymnts.com/restaurant-technology/2023/chick-fil-a-tests-robot-servers-amid-diner-concerns-around-automation/ AICPA Endorses Key Legislation Recognizing the Link Between ... https://www.prnewswire.com/news-releases/aicpa-endorses-key-legislation-recognizing-the-link-between-accounting-and-stem-301941029.html Why No One's Going Into Accounting - WSJ https://www.wsj.com/lifestyle/careers/accounting-salary-cpa-shortage-dec2caa2 IRS slashes PTIN fees https://www.accountingtoday.com/news/irs-slashes-ptin-fees New National Research on CPA Pipeline Challenges Underway https://www.cpapracticeadvisor.com/2023/10/05/new-national-research-on-cpa-pipeline-challenges-underway/95453/ IRS contractor charged in leak of billionaire taxpayer infohttps://www.accountingtoday.com/news/irs-contractor-charged-in-leak-of-billionaire-taxpayer-info-to-news-outlets CPA Standoff: Financial transparency a key issue in national ... https://www.canadian-accountant.com/content/profession/cpa-standoff-financial-transparency-dispute Anthony's Coal Fired Pizza and Wings removes AI ordering platform https://www.pizzamarketplace.com/articles/anthonys-coal-fired-pizza-and-wings-removes-ai-ordering-platform/ FedNow Service Surpasses 100 Participants Since July Launch https://www.pymnts.com/news/faster-payments/2023/fednow-service-surpasses-100-participants-since-july-launch/ 2024 Public Accounting Starting Salary Numbers Are In https://www.goingconcern.com/2024-public-accounting-starting-salary-numbers-are-in/ Clorox Experiences Significant Financial Loss Stemming From Recent Cyber Attack https://blog.knowbe4.com/clorox-cyber-attack-financial-loss CPA Pipeline Research Survey https://intraprise.qualtrics.com/jfe/form/SV_cUSqP1Kalfh58ZE?Source=PRMK 2024 Salary Guide | Robert Half https://www.roberthalf.com/us/en/insights/salary-guide CPA Standoff: Unique regulatory status of CPA Quebec complicates accounting rift https://www.canadian-accountant.com/content/profession/cpa-standoff-ontario-governance-dispute CPA standoff: Ontario government sticks to sidelines in governance dispute https://www.canadian-accountant.com/content/profession/cpa-standoff-ontario-governance-dispute Message from Jerilyn Dres
(00:47) - Don Jr. explains GAAP
(03:26) - Stories we'll cover this week
(05:32) - WSJ article on why no one is going into accounting
(09:49) - New Illinois CPA Society survey
(12:01) - The IRS is watching people who resold Taylor Swift tickets
(13:30) - Chick-fil-A is testing out robot servers and what accountants can learn in what customers want & expect in restaurants
(17:58) - Zoom adds AI companion features
(23:17) - FedNow hits milestone
(25:26) - Listener mail
(33:34) - QuickBooks offers a $50/month assisted bookkeeping service
(39:52) - Listener mail: Should I change majors from accounting?
(42:36) - FEMA and WGU are alternative ways to earn 150 credits
(45:52) - Microsoft using AI to help AI
(50:19) - Former IRS contractor charged with leaking billionaire tax filings
(54:22) - Trump blaming his former Mazars accountant in fraud trial
(58:55) - CPA Canada vs CPA Quebec and CPA Montreal updates
(01:01:12) - MGM cyber attack follow up
(01:03:35) - WSJ reports Binance is in trouble
(01:07:44) - Wrap up and how to reach us
Show NotesChick-fil-A Reportedly Tests Robot Servers Amid Diner Concerns Around Automationhttps://www.pymnts.com/restaurant-technology/2023/chick-fil-a-tests-robot-servers-amid-diner-concerns-around-automation/ AICPA Endorses Key Legislation Recognizing the Link Between ... https://www.prnewswire.com/news-releases/aicpa-endorses-key-legislation-recognizing-the-link-between-accounting-and-stem-301941029.html Why No One's Going Into Accounting - WSJ https://www.wsj.com/lifestyle/careers/accounting-salary-cpa-shortage-dec2caa2 IRS slashes PTIN fees https://www.accountingtoday.com/news/irs-slashes-ptin-fees New National Research on CPA Pipeline Challenges Underway https://www.cpapracticeadvisor.com/2023/10/05/new-national-research-on-cpa-pipeline-challenges-underway/95453/ IRS contractor charged in leak of billionaire taxpayer infohttps://www.accountingtoday.com/news/irs-contractor-charged-in-leak-of-billionaire-taxpayer-info-to-news-outlets CPA Standoff: Financial transparency a key issue in national ... https://www.canadian-accountant.com/content/profession/cpa-standoff-financial-transparency-dispute Anthony's Coal Fired Pizza and Wings removes AI ordering platform https://www.pizzamarketplace.com/articles/anthonys-coal-fired-pizza-and-wings-removes-ai-ordering-platform/ FedNow Service Surpasses 100 Participants Since July Launch https://www.pymnts.com/news/faster-payments/2023/fednow-service-surpasses-100-participants-since-july-launch/ 2024 Public Accounting Starting Salary Numbers Are In https://www.goingconcern.com/2024-public-accounting-starting-salary-numbers-are-in/ Clorox Experiences Significant Financial Loss Stemming From Recent Cyber Attack https://blog.knowbe4.com/clorox-cyber-attack-financial-loss CPA Pipeline Research Survey https://intraprise.qualtrics.com/jfe/form/SV_cUSqP1Kalfh58ZE?Source=PRMK 2024 Salary Guide | Robert Half https://www.roberthalf.com/us/en/insights/salary-guide CPA Standoff: Unique regulatory status of CPA Quebec complicates accounting rift https://www.canadian-accountant.com/content/profession/cpa-standoff-ontario-governance-dispute CPA standoff: Ontario government sticks to sidelines in governance dispute https://www.canadian-accountant.com/content/profession/cpa-standoff-ontario-governance-dispute Message from Jerilyn Dres
Released:
Oct 11, 2023
Format:
Podcast episode
Titles in the series (100)
What accountants should learn from the Deloitte Hack: Welcome to the first episode of Cloud Accounting Weekly, the Podcast Edition! Phil Gross joins the podcast to discuss top stories in accounting technology from the past few weeks. Topics in this episode: The hack of Deloitte's email server, the debate ove by The Accounting Podcast