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Big Accounting Firms Are Doomed

Big Accounting Firms Are Doomed


Episode 269


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Show Notes

02:33 – David’s QBO Troll             

https://twitter.com/davidleary/status/1499514128435531800

 

08:26 – Are the big firms falling apart? 

 

09:59 – The Big Firm Biz Model

 

13:03 – Is this model sustainable? 

 

14:29 – Why Blake moved to tech

 

17:06 – Remote work changed everything

 

18:21 – Can accounting jobs be more meaningful? 

 

20:27 – Accounting standards haven’t changed in 100 years 

 

22:52 – Companies and investors don't care about the financial numbers like they used to. The metrics are changing. 

 

26:39 – People want a meaningful job

 

28:45 – Lifestyle spending accounts - what are they?

 

31:45 – Schools aren't teaching accounting students about other opportunities

 

35:18 – ‘I spent 5 hours on the phone’: Woman exposes TurboTax for taking thousands of her tax return in viral TikTok

https://www.dailydot.com/debug/tiktok-tax-return-turbotax/

 

36:38 – TPG refund         

https://ttlc.intuit.com/community/after-you-file/discussion/tpg-refund/00/2511328

 

39:56 – DIY vs. tax pro: How taxpayers choose

https://www.accountingtoday.com/news/study-finds-tax-software-users-prioritize-cost-and-paid-preparer-users-prioritize-accuracy

 

41:53 – Working with tax organizers needs to be easier - bad customer experience

 

44:11 – Companies need to raise their prices and focus on customer experience instead of speed

 

46:29 – AICPA & CIMA stand with the people of Ukraine

https://www.fm-magazine.com/news/2022/mar/aicpa-cima-ukraine-statement.html

 

49:11 – Ex-Big 4 Partner On Why the Big 4 Firms Should Pull Out of Russia: 'It's the Right Thing to Do and You Know It'

https://www.goingconcern.com/ex-big-4-partner-why-big-4-firms-should-leave-russia/

 

50:31 – Visa and Mastercard Suspend Russian Operations             

https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-03-04/card/visa-and-mastercard-suspend-russian-operations-LAhp94TyXAXrNzaILwz5

 

51:05 – Spoils of War? Ukraine Says No Taxes Due on Captured Russian Tanks

https://www.cpapracticeadvisor.com/tax-compliance/news/21259037/spoils-of-war-ukraine-says-no-taxes-due-on-captured-rus


Published on 3 years, 9 months ago






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