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China Tells State Firms To Drop Big Four Auditors

China Tells State Firms To Drop Big Four Auditors


Episode 320


IRS stuck on 1970's technology; Twitter poll says change back to 120 hours; Photos prove accounting thought leaders met; Intuit's 2023 Q2 Results

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  • (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 Notes

Opinion | Badly outdated technology plagues the IRS - The Washington Post

https://www.washingtonpost.com/opinions/2023/02/22/outdated-technology-irs/

 

China urges state firms to drop Big Four auditors on data risk | Accounting Today

https://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=ETTs0WOvobuoMmjCN8GztQ

What You Should Know About Changing the 150 Hour Rule Before You Debate For or Against It

https://www.goingconcern.com/150-hour-rule-changes-issues/

 

Accounting Thought Leaders Discuss Future of the Profession, Advisory Services, and Tax

https://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 technology

https://www.washingtonpost.com/opinions/2023/02/22/outdated-technology-irs/

 

Intuit's (INTU) Q2 Earnings and Revenues Beat Estimates


Published on 2 years, 9 months ago






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