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Accountant Shortage Causing Negative City Credit Scores (live from Padgett REtreat)

Accountant Shortage Causing Negative City Credit Scores (live from Padgett REtreat)


Episode 330


Raising prices is a priority; NASBA extends time to complete CPA exam; Canopy now writes emails with AI; PwC to invest $1 billion in AI; staff not allowed to go to conferences

Sponsors
CCH Axcess - https://cloudaccountingpodcast.promo/axcess
Zoho - https://cloudaccountingpodcast.promo/zoho
Keeper - https://cloudaccountingpodcast.promo/keeper


Chapters
  • (00:05) - Preview: Accounting is in a bad place
  • (02:58) - We launched the Federal Tax Updates Podcast with Padgett and welcome to our guests
  • (07:27) - Amanda, why was this tax season harder than last?
  • (09:13) - Tell us more about the Padgett REtreat
  • (10:41) - What are some ways to think about raising your prices?
  • (13:44) - The accounting shortage is affecting cities getting credit scores
  • (22:36) - NASBA extends the time to take the CPA exam to 30 months
  • (24:48) - AI and its future in accounting
  • (27:09) - Canopy integrates ChatGPT into their suite
  • (29:09) - PWC to invest $1 billion over the next 3 years in AI
  • (33:10) - How long do you think until smaller and midsize firms will be using AI
  • (35:14) - Lili Bank promises one-button accounting
  • (46:17) - Listener mail about staff not being given chances to go to conferences
  • (49:02) - Are accounting students set up only for the benefit of the Big 4 firms?
  • (53:16) - Wrap up and thanks for listening

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Show Notes

ChatGPT Fails When It Comes to Accounting, Finds Major Study

https://www.latestly.com/technology/chatgpt-fails-when-it-comes-to-accounting-finds-major-study-5078092.html

KPMG Joins MindBridge in Global Launch of AI-Assisted Audit Tech
https://news.bloombergtax.com/financial-accounting/kpmg-joins-mindbridge-in-global-launch-of-ai-assisted-audit-tech


What Microsoft’s Dynamics GP Announcement Means for the User Community

https://dynamicscommunities.com/ug/dynamics-gp-ug/what-microsofts-dynamics-gp-announcement-means-for-the-user-community/

 

ChatGPT is still no match for humans when it comes to accounting             

https://phys.org/news/2023-04-chatgpt-humans-accounting.html

 

Lili Claims Super App Status With New Accounting Platform

https://www.pymnts.com/smbs/2023/lili-claims-super-app-status-with-new-accounting-platform/

 

Leading Financial Platform, Lili, Launches 'Lili Smart' to Integrate ...

https://www.businesswire.com/news/home/20230418005500/en/Leading-Financial-Platform-Lili-Launches-%E2%80%98Lili-Smart%E2%80%99-to-Integrate-and-Consolidate-Accounting-Services-into-


Published on 2 years, 7 months ago






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