Shows
Next Level AccountantEp 9. Sorry, Gen AI didn't Ace the CPA ExamIn this episode, Megan is skeptical about the hype around AI potentially passing the CPA exam. She discusses how generative AI models score high on practice test content but explains why this doesn't equate to passing the real thing. By examining the CPA scoring system and the intricacies involved, Megan highlights the enduring necessity of human expertise and personalized professional advice in accounting. Listen to understand the balance between leveraging AI tools and maintaining the irreplaceable value of human touch in the profession.2024-10-1818 minNext Level Accountant8. Gen AI Skills Everyone Should Be Mastering Right NowIn this episode, Megan breaks down the essential generative AI skills every accountant should master today, from understanding how it works to using voice tools for efficient brainstorming. She also explains how to analyze technical documents with AI and the importance of choosing a suitable model for your tasks. Tune in for a quick, actionable overview of the GenAI skills that will keep you ahead in the fast-evolving accounting and technology space.As discussed in the episode:Chatbot Arena is an open-source research project developed by LYSYS and University of California, Berkeley SkyLab members2024-09-1117 minNext Level Accountant7. Strategies for CPA & CMA Candidates to Restart Studying after a BreakIn this episode, Megan delves into the challenges and strategies for CPA and CMA exam candidates resuming their studies after unexpected breaks. From personal experiences to practical tips, learn how to overcome setbacks and re-engage with your exam preparation effectively. Megan provides insights into adjusting study plans, leveraging new resources, and dealing with emotional hurdles, offering motivation and support to help you navigate this crucial phase of your professional journey.2024-04-2311 minNext Level Accountant6. Tech Update: Exploring No-Code Solutions and AI DevelopmentsIn this episode, join host Megan as she delves into the exciting world of no-code solutions and the latest developments in artificial intelligence (AI). Discover how no-code tools empower accountants to create and innovate without requiring extensive technical computer science skills, making efficiency more accessible than ever. From building sophisticated websites to creating unique logos with generative AI, this episode explores how these technologies are revolutionizing more than just the accounting industry.Resources mentioned in the episode:My friend and "no-code wizard" who I suggest you follow: https://www.linkedin.com/in/christian-peverelli/If...2023-11-1521 minNext Level Accountant5. Mastering the CPA Exam: Insights, Tips, and Navigating the 2024 EvolutionIn this episode, Megan delves deep into the CPA Exam. She shares invaluable tips and strategies for candidates, from where to start if you're considering taking the CPA Exam to how to optimize your studying to maximize your exam score. Whether you're a first-time taker or retesting, this episode is a treasure trove of guidance. Dive in as Megan demystifies what's on the exam, offers study techniques, and provides much-needed motivation.2023-10-0315 minNext Level Accountant4. Beyond Writing Assistance: Unleashing AI's Potential and OversightIn this episode, we dive into the transformative world of generative AI and its potential far beyond just writing assistance. Join us as Megan discusses her evolving mindset about AI technology, sharing insights into its applications and limitations. Discover how this technology is changing the accounting landscape and the critical role professionals play in responsibly harnessing its power.Resources mentioned in the episode:Request for ChatGPT/OpenAI SOC 2: https://trust.openai.com/The Pythonic Accountant Episode "Building an App with ChatGPT: Import PDFs for Accounting Transactions!" (shout out and thanks to Daniel Shorstein, CPA...2023-08-3011 minNext Level Accountant3. Generative AI (ChatGPT) and Accounting: Friend or Foe?In this episode, we discuss generative AI and ChatGPT. Megan shares how she uses this technology and her mindset about when to use it. However, she highlights its limitations, particularly in dealing with technical content. She encourages professionals to incorporate their expertise to avoid generic results. Despite its drawbacks, generative AI can be a valuable tool when used thoughtfully.Show notes:[00:00] Intro to today's chat about generative AI and its future potential with basic peanut butter example[04:30] Megan's use of ChatGPT[05:50] Key limitations of generative AI - it's not always up-to-date and lacks proprietary technical data.[07:30] AI's...2023-07-2920 minNext Level Accountant2. Overcoming Exam Failures: How to Shift Your Mindset about the CPA ExamIn this episode, we dive deep into overcoming failures, specifically focusing on the challenges of passing the CPA Exam. The host shares personal experiences of facing hurdles and redirections in her life and how a powerful mantra helped her persist through difficult times. Learn valuable lessons about mindset shifts and the importance of wanting success more than fearing failure. The host shares her journey of failing the CPA Exam (as an overachiever) and how it affected her emotionally and professionally. She emphasizes the significance of adopting a growth mindset and shares her empowering mantra to help listeners stay...2023-07-2422 minNext Level Accountant1. The New CPA Exam: Demystifying the Changes and Saying Goodbye to BECIn this episode, we address the anxieties surrounding the CPA exam transformation, specifically the upcoming changes to the Business Environment and Concepts (BEC) section. Our host, Megan, a seasoned CPA, assures listeners that these changes are not the end of the world but rather an opportunity to start fresh.She goes in-depth on what the changes mean, the motivation behind them, and how they could impact your preparation strategies. Plus, she shares her take on the potential benefits of the shift in exam structure and content.Show Notes:[0:00] Introduction: Fear and concerns...2023-07-2110 min
The Accounting PodcastAICPA ENGAGE: Megan Lewczyk, CPA & Ryan Lazanis, CPA, CASponsorFloQast: http://cloudaccountingpodcast.promo/floqastShow NotesThis episode is sponsored by FloQast. Closing the books is a manual, error-prone, and time-consuming process. There has to be a better way than Outlook emails, Excel checklists, and endless status update meetings. FloQast was built by accountants for accountants to help them close faster and more accurately. The bottom line: Teams relying on FloQast on average close three days faster. Learn more.01:56 - What's the value of the CPA these days?17:46 - H&R Block to acquire Canadian fintech startup Wave...2019-06-1436 min