Episode Details

IRS Loses $10 Billion In Debt Ceiling Deal & Proof ChatGPT Massively Increases Productivity

Episode 335 Published 3 years ago

Description

Why AICPA's 12-point plan won't solve the CPA crisis; Earnings reports from Intuit, Sage, and Xero; Ramp adds AI features to spend management platform; why grads are ditching jobs at the Big Four; 70% of Gen Z employees would switch jobs for better tech, and more!

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Chapters

(00:00) - IRS Loses $10 Billion In Debt Ceiling Deal & Proof ChatGPT Massively Increases Productivity
(00:52) - Welcome to the show
(04:52) - Potential debt-ceiling deal cuts IRS funding by $10 billion
(07:38) - Chat GPT made workers 37% faster at completing tasks
(11:44) - Accounting Today has ChatGPT retake the CPA exam
(16:36) - Number of people taking accountancy exams drops to lowest level in 17 years
(19:23) - WSJ article on the accounting industry’s low starting pay problem
(23:35) - The AICPA's 12-point plan to solve the accountant shortage
(35:13) - Thetab.com article on why grads are ditching jobs at Big Four firms
(38:13) - Update on the IRS's Free File tax system
(41:18) - Let's talk about the Intuit earnings call
(46:38) - Sage had their earnings call
(48:43) - Ramp announces "Ramp Intelligence"
(53:31) - Employee satisfaction reached an all-time high last year
(55:33) - Gen Z employees would change jobs for better tech
(01:01:34) - Wrap up and where to reach us. See you at AICPA Engage!