Make ChatGPT Fire Clients
SponsorsKeeper - https://cloudaccountingpodcast.promo/keeperRelay - https://cloudaccountingpodcast.promo/relayFirst Republic Bank - https://cloudaccountingpodcast.promo/firstrepublicNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, Keeper (00:20) - Preview: Will AI replace accountants in audits (01:04) - Introduction and quick recap of Blake's week in Park City (03:43) - Earmark has launched a new Federal Tax Updates podcast (07:15) - Source says Square is launching their own GL (10:46) - Some final takeaways from skiing trip (13:18) - Thank you to our sponsor, Keeper (14:55) - Article about a high school student who wants to become an accountant (17:56) - IRS audit rates declined further in 2022 (19:10) - The Tax Foundation made a graphic on the IRS backlog (21:54) - Accountants need to narrow their scope in 2023 (23:13) - Canadian accounting firm sues employee for overbilling on timesheets (28:46) - Thank you to our sponsor, Relay (30:04) - "Office Space" inspired sofrware engineering scam (32:40) - Are mid-career CPAs happy in your firm? (36:25) - David's first reaction to Chat GPT (41:28) - Thank you to our sponsor, First Republic Bank (42:31) - Blake uses Chat GPT live to demonstrate what it can do (47:33) - Chad Davis uses Chat GPT to write fake CAP episode intro (49:46) - Somebody used Chat GPT to try to pass a chartered accountant exam in England (54:45) - Paula's message and idea about a national CPA license (58:38) - Tori's email on how a radical step is needed to change the AICPA (59:53) - Deanna asks for best apps to import journal entries into QBO Advanced (01:01:47) - Accounting firms might want to look into hiring some of these laid off tech employees (01:02:26) - Checking in on the live chat discussion on ChatGPT (01:04:09) - Wrap up and reminder to subscribe to our YouTube channel (01:07:29) - Classifieds (01:07:31) - Client Hub (01:08:08) - RightTool (01:08:30) - Federal Tax Updates Podcast (01:09:44) - How to advertise in these classifieds Show NotesGeorge Clooney to be Headline Speaker at ExpensiCon 2023 - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2023/01/18/george-clooney-to-be-headline-speaker-at-expensicon-2023/75905/ AI chatbot falls just short on accounting exam | AccountingWEBhttps://www.accountingweb.co.uk/tech/tech-pulse/ai-chatbot-falls-just-short-on-accounting-exam IRS audit rates declined further in 2022 | Accounting Todayhttps://www.accountingtoday.com/news/irs-audit-rates-declined-further-in-2022 Are midcareer CPAs happy in your firm? | Accounting Todayhttps://www.accountingtoday.com/opinion/are-mid-career-cpas-happy-in-your-firm 2023 Tax Filing Season: Tax Season Delays & Complexity | Tax Foundationhttps://taxfoundation.org/2023-tax-filing-season/ Canadian accountant is ordered to repay employer for 'time theft' : NPRhttps://www.npr.org/2023/01/13/1148985075/time-tracking-software-canadian-woman-reach-cpa-court 'Office Space' Inspired Software Engineer's Scam, Prosecutors Say - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2023/01/06/office-space-inspired-software-engineers-theft-scheme-prosecutors-say/75515/?_ga=2.116447811.479438550.1673332096-1770167994.1673332096 3 Game-Changing Accounting Trends to Look Out for in 2023 https://www.spiceworks.com/finance/accounting/guest-article/3-game-changing-accounting-trends-to-look-out-for/ Facing Busy Season ’23: 99% of Accountants Suffer Burnouthttps://cpatrendlines.com/2023/01/12/facing-busy-season-23-99-of-accountants-suffer-burnout/ Basecamp details 'obscene' $3.2 million bill that caused it to quit the cloudhttps://www.theregister.com/2023/01/16/basecamp_37signals_cloud_bill/ Accountant must repay employer after software shows ‘time theft’https://www.accountingweb.co.uk/tech/practice-software/accountant-must-repay-employer-after-software-shows-time-theft George Clooney to Headline Expensicon 2023 https://www.intuitiveaccountant.com/education-hub/training-center/george-clooney-to-headline-expensicon-2023/ U.S. accounting watchdog faces lawsuit over its 'secretive ... https://www.reuters.com/legal/us-accounting-watchdog-faces-lawsuit-over-its-secretive-disciplinary-process-2023-01-20/ TaxBit Announces Acquisition of Digital Asset Accounting Startup ...https://www.prnewswire.com/news-releases/taxbit-announces-acquisition-of-digital-asset-accounting-startup-tactic-301723033.html The IRS names the top tax crooks of 2022https://www.accountingtoday.com/list/the-irs-names-the-top-tax-crooks-of-2022 5 ideas to watch out for in accounting in 2023https://www.accountingtoday.com/news/5-ideas-to-watch-out-for-in-accounting-in-2023 CryptoCFOs Launch App to Access Crypto Tax & Accounting Communityhttps://www.einnews.com/pr_news/611880610/cryptocfos-launch-app-to-access-crypto-tax-accounting-community TurboTax, QuickBooks owner slammed after MailChimp data breachhttps://nypost.com/2023/01/17/turbotax-quickbooks-owner-slammed-for-mailchimp-data-breach/ What Small Business Owners Should Look For in a Bankhttps://www.gobankingrates.com/banking/banks/what-small-business-owners-should-look-for-in-a-bank/ Former President of FTX US breaks silence, says SBF was insecure, volatile and spiteful, threatened to “destroy my professional reputation” https://www.kitco.com/news/2023-01-16/Former-President-of-FTX-US-breaks-silence-says-SBF-was-insecure-volatile-and-spiteful-threatened-to-destroy-my-professional-reputation.html Ally looks to tech industry layoffs for potential hireshttps://bankautomationnews.com/allposts/retail/ally-looks-to-tech-industry-layoffs-for-potential-hires/ Bean aims to change accounting industry's 'stodgy' reputationhttps://www.bizjournals.com/cleveland/inno/stories/fundings/2023/01/20/bean-aims-to-change-accountings-stodgy-reputation.html Just How Common Is Corporate Fraud?https://www.nytimes.com/2023/01/14/business/dealbook/how-common-is-corporate-fraud.html How CPA firms can get focused in the next 30 dayshttps://www.accountingtoday.com/opinion/how-cpa-firms-can-get-focused-in-the-next-30-days MDU Resources Teen of the Week: Glen Ullin volleyball player is set ...https://bismarcktribune.com/news/local/teen-of-the-week/mdu-resources-teen-of-the-week-glen-ullin-volleyball-player-is-set-on-accounting-career/article_5ded06f2-8ba0-11ed-b69a-8b4bd5905da8.html Sage Affiliate Program https://www.craigcampbellseo.com/sage-affiliate-program/ Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? 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Hit the link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: info@cloudaccountingpodcast.com