Disruptive startups are eyeing the audit space, and their impact could be as transformative as Uber's was for the taxi industry. In my latest article for Accounting Today, I spoke with auditor turned tech expert Rob Valdez about how non-CPA firms are already automating and streamlining SOC 2 audits, foreshadowing upheaval in our profession.
Is BOI reporting dead on arrival?
Lyft's big financial typo
In our latest episode of The Accounting Podcast, David and I uncover the startling typo that sent Lyft's stock on an unexpected journey. We also show how AI is revolutionizing customer service, offer a fresh take on the 150-hour rule debate, and provide insights into the evolving landscape of commercial real estate taxes given the rise of remote work and decline of offices. Plus, we're discussing cutting-edge AI surveillance of employee communications and the IRS's ambitious plan to recover over $500 billion in tax revenues.
How AI is transforming and disrupting audit
In my latest podcast episode, I had the pleasure of speaking with Rob Valdez about the impact of artificial intelligence and generative chatbots, like ChatGPT, on the audit profession. We delve into how these technologies are not just automating routine tasks but are also revolutionizing how we train staff, improve quality, and save time on substantive testing.
How to draft an AI policy for your accounting firm
The biggest check you can write to the IRS
Did you know there's a limit to the size of checks you can write to the IRS? It's $99,999,999.99. We discuss this little-known fact and other fascinating stories from the intersection of accounting, technology, and pop culture on Episode 372 of The Accounting Podcast.