AICPA Blames Boring Accounting Professors for Pipeline Problem

Episode 361

Blake and David discuss updates from the AICPA's Talent Pipeline Committee, including surprises about the high dropout rate of accounting majors in college. They also explore new custom AI capabilities in ChatGPT that allow users to create specialist bots and speculate on applications for accounting firms. They also cover lawsuits alleging Hollywood accounting tricks used by Disney to deprive financial partners of profits. Grab some snacks and enjoy!

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Chapters

(01:34) - NASBA is hiring a new COO
(05:33) - What we'll cover on this week's show
(07:19) - AICPA talks about the pipline issues on Accounting Today's podcast
(13:34) - Blake checks in on the live chat
(22:15) - Two vastly different articles on CPAjournal.com about how to solve the accountant shortage
(31:06) - Making the CPA more accessible
(42:12) - Blake demonstrates OpenAI's new custom GPT maker
(54:39) - Disney sued for "Hollywood Accounting" methods
(01:01:14) - Thanks for listening and how to reach us

Show Notes

NASBA Begins Search for New President and CEO | NASBA

https://nasba.org/blog/2023/11/28/nasba-begins-search-for-new-president-and-ceo/

Rethinking the 150-Hour Requirement for CPA Licensure - The CPA Journal

https://www.cpajournal.com/2023/11/27/rethinking-the-150-hour-requirement-for-cpa-licensure/

The Accounting Pipeline - The CPA Journal

https://www.cpajournal.com/2023/11/22/the-accounting-pipeline/

Disney sued over accounting by film financiers

https://www.cfobrew.com/stories/2023/08/29/disney-sued-by-film-financiers

A pipeline progress report

https://www.accountingtoday.com/podcast/a-progress-report-on-accountings-pipeline-problem

Rethinking the 150-Hour Requirement for CPA Licensure