Blake and David discuss issues relating to the accounting profession's talent pipeline, including a high school student's negative experience in her first accounting class and efforts by state CPA societies to reduce licensing barriers. They move on to tech topics, like the slow adoption of AI tools such as ChatGPT among accountants and new product features announced by Intuit and Xero. Wrapping things up, they share listener feedback on finding resources to learn new accounting software and workflows and provide commentary on app subscription price increases and the need for accountants to price their services properly.
Sponsors
OnPay - https://cloudaccountingpodcast.promo/onpay
CCH Access - https://cloudaccountingpodcast.promo/axcess
Keeper - https://cloudaccountingpodcast.promo/keeper
Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe
Show Notes
Product wrap from Xerocon Sydney 2023 | Xero Blog
https://www.xero.com/blog/2023/08/product-wrap-from-xerocon-sydney-2023/
150 Hours is a Barrier – Really! - Going Concern
https://www.goingconcern.com/150-hours-is-a-barrier-really/
Jacob Schroeder: 86% of OSCPA Town Hall attendees have not used ChatGPT at all
https://x.com/jacobbschroeder/status/1694748226904060157?s=12
SCACPA Proposing Legislation to Address Pipeline Challenges – SCACPA
https://www.scacpa.org/scacpa-proposing-legislation-to-address-pipeline-challenges/
Airline Close Calls Happen Far More Often Than Previously Known
https://www.nytimes.com/interactive/2023/08/21/business/airline-safety-close-calls.html
Please join the Arizona State Society of Enrolled Agents “Town Hall”
https://aztaxpros.org/images/meeting/082323/Town_Hall/azsea_invite_to_town_hall_on_aug_23__2023.pdf
Question from a bookkeeper
https://www.linkedin.com/feed/update/urn:li:activity:7094151084134338560/
Upcoming changes to QuickBooks Desktop pricing + FAQs
https://www.firmofthefuture.com/product-update/quickbooks-desktop-pricing-changes/
Dext pricing change from today
https://www.accountingweb.co.uk/any-answers/dext-pricing-change-from-today
Introducing Ramp Plus
https://ramp.com/blog/introducing-ramp-plus
Fintech Ramp is Raising Capital at $5.5 Billion Valuation, Down 30%
Accountants face up to the cost of cloud app stacks
https://www.accountingweb.co.uk/tech/tech-pulse/accountants-face-up-to-the-cost-of-cloud-app-stacks
Stripe Unveils “Tax for Platforms” to Streamline Tax Compliance for Small Businesses
Intuit (INTU) Q4 2023 Earnings Call Transcript
Why Students Opt for Accounting (or Don’t)
https://cpatrendlines.com/2023/08/20/why-students-opt-for-accounting-or-dont/
CPA Exam Changes and Pipeline Woes Are a Perfect Storm of Problems For the Profession
Stop calling them audits
https://blockworks.co/news/blockchain-audits-ey
FTX Bankruptcy Burning Through $1.5M in Legal Costs Every Day
150 Hours is a Barrier - Really!