Episode Details

China Tells State Firms To Drop Big Four Auditors

Episode 320 Published 3 years, 3 months ago

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Opinion | Badly outdated technology plagues the IRS - The Washington Post

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

Twitter Poll: Should 150 college credits be required or 120 to be a CPA?

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

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

Opinion | The IRS should not be running on 60-year-old technology

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