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Entry Level Auditor Jobs Fall 43% & the AI Workslop Heading Downstream
Episode 455
Blake and David examine the growing threat of AI-generated fake receipts, with 32% of accountants unable to recognize fraudulent documents and 30% reporting an increase in fraud since last year. They also discuss the concerning decline in entry-level auditor positions (down 43% since January) as firms adopt AI automation, while nearly half of accounts payable professionals now fear layoffs and also explore the concept of "work slop"—low-quality AI-generated work costing businesses nearly $200 per employee monthly—and debate whether firms should require clients to use standardized technology stacks, with only 37% currently doing so.
Sponsors
Cloud Accountant Staffing - http://accountingpodcast.promo/cas
Rippling - http://accountingpodcast.promo/rippling
Bill.com - http://accountingpodcast.promo/bill
Bluebook - http://accountingpodcast.promo/bluebook
Chapters
- (01:43) - Headline Story: Tech Stack Adoption in Accounting Firms
- (03:05) - Survey Insights: Tech Stack Usage in Firms
- (07:15) - AI's Impact on Entry-Level Jobs
- (13:55) - The Rise of 'Work Slop' and Its Costs
- (20:44) - AI and Automation in Accounting
- (25:08) - Human-in-the-Loop Automation with Zapier
- (28:22) - AI in Tax Research and IT Blockers
- (30:51) - Competitive Moats and Custom Bots
- (32:26) - Exciting Changes in CPE Standards
- (34:59) - Drake Software's Cloud-Based Tax Solution
- (43:06) - State Department Embezzlement Scandal
- (44:59) - Trump's Tariff Announcements
- (50:28) - H-1B Visa Fee Increase
- (56:20) - Conclusion and CPE Information
Show Notes
32% of accountants can't recognize AI-generated fake receipts
https://www.accountingtoday.com/news/32-admit-they-cannot-recognize-ai-generated-fake-receipts
Entry-level auditor job postings fell 43%, per Randstad
https://www.accountingtoday.com/news/entry-level-auditor-job-postings-fell-43-per-randstad
AI-Generated "Workslop" Is Destroying Productivity
https://hbr.org/2025/09/ai-generated-workslop-is-destroying-productivity
97% say CPA firms not using tech efficiently says survey
https://www.accountingtoday.com/news/97-say-cpa-firms-not-using-tech-efficiently-says-survey
CPA.com & BILL Growth Survey: How Firms Plan to Stay Ahead
https://www.bill.com/blog/cpa-and-bill-growth-technology-survey
AP Pros Face Growing Layoff Concerns and See Automation as a Career Lifeline
Get more control over your workflows with Human in the Loop!
Published on 1 month ago