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Deloitte Caught Making AI Workslop, IRS Shutdown Continues
Description
Could an AI catch what auditors and a CFO missed? This week, Blake and David unpack how a founder used Claude to scan QuickBooks and uncover a $2.1M embezzlement in 18 minutes. They also tackle Deloitte’s AI ‘workslop’ refund, shutdown-driven IRS and air travel woes, the IRS’s new “CEO” and crypto ties, OpenAI’s personal finance play, EY’s audit rebound, BDO’s ESOP squeeze, and crypto funds courting CPA clients.
Sponsors
Cloud Accountant Staffing - http://accountingpodcast.promo/cas
Rippling - http://accountingpodcast.promo/rippling
Assembly - http://accountingpodcast.promo/assembly
Chapters
- (01:35) - Deloitte's AI Report Scandal
- (09:05) - Government Shutdown Impact on IRS and Air Travel
- (23:56) - AI in Accounting: Risks and Opportunities
- (34:49) - Competing with the Status Quo
- (35:38) - Pricing Bookkeeping Services
- (36:31) - Standardizing Services Based on Price
- (37:14) - Client Needs vs. Service Offerings
- (38:00) - The Monthly Close Obsession
- (40:01) - Broken Charts in Financial Reports
- (43:15) - Cracker Barrel Logo Controversy
- (47:08) - EY's Audit Quality Turnaround
- (49:53) - Crypto Investment Schemes
- (55:48) - BDO's Financial Struggles
- (01:00:34) - Conclusion and Announcements
Show Notes
Deloitte to partially refund Australia for report with apparent AI-generated errors
https://abcnews.go.com/Technology/wireStory/deloitte-partially-refund-australian-government-report-apparent-ai-126281611
Claude Exposed My Co-Founder's $2M Theft — AI Evidence Turned Into Lawsuit
https://techbullion.com/claude-exposed-my-co-founders-2m-theft-ai-evidence-turned-into-lawsuit/
New Research: 20% of Americans use AI tools 10X+/month, but growth is slowing and traditional search hasn't dipped
https://sparktoro.com/blog/new-research-20-of-americans-use-ai-tools-10x-month-but-growth-is-slowing-and-traditional-search-hasnt-dipped/
The Danger of Bad Charts
https://www.cpajournal.com/2025/10/10/the-danger-of-bad-charts-2/
Cracker Barrel's logo controversy was driven by bots
https://www.nrn.com/casual-dining/cracker-barrel-s-logo-controversy-was-driven-by-bots-what-operators-should-learn-from-this
Our commitment to audit quality — Ernst & Young LLP's 2025 report
https://www.ey.com/en_us/assurance/audit-quality-report
EY drops clients to improve audits after leading Big Four in deficiencies
https://www.cfobrew.com/stories/2024/08/27/ey-drops-clients-to-improve-audits-after-leading-big-four-in-deficiencies
OpenAI Buys Personal Finance App Roi
https://www.pymnts.com/acquisitions/2025/openai-buys-personal-finance-app-roi/
With its latest acqui-hire, OpenAI is doubl