44 min listen
What AI Will Automate In Accounting with Erica Goode, CPA
What AI Will Automate In Accounting with Erica Goode, CPA
ratings:
Length:
72 minutes
Released:
Apr 26, 2023
Format:
Podcast episode
Description
FTX had 80,000 transactions in Ask My Accountant; the crazy cost accounting behind EY's failed breakup; using ChatGPT for financial statement analysis; what the tech world thinks AI will automate in accounting and more!LiveFlow - https://cloudaccountingpodcast.promo/liveflowChapters
(00:00) - CAP 329
(00:39) - PREVIEW: How ChatGPT saved Erica
(01:09) - Introduction
(07:48) - FTX had 80,000 transactions in Ask My Accountant
(12:04) - Blake plays a clip from the All-In podcast on AI accounting
(17:25) - ChatGPT vs real accountants and students on tests
(25:48) - Hector Garcia's example of using ChatGPT for analysing financial statements
(31:24) - Is Erica using ChatGPT at all in her firm?
(36:18) - EY breakup news
(42:13) - Donna's voicemail on her sons college tour and accounting majors
(48:18) - Deloitte kicks off program for high school students to earn accounting credits
(49:29) - Can AI help save education?
(52:48) - The IRS shows customer service improvements in 2023
(54:22) - Are accountants actually experiencing a better tax season?
(01:01:49) - Crazy MYOB commercial
(01:03:41) - Wrap up and where to reach everyone
Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesBlake Oliver on Twitter: "My speaking session was selected for #Expensicon”https://twitter.com/BlakeTOliver/status/1649440639355097088 SURVEY: Busy Season Looking Good - CPA Trendlines https://cpatrendlines.com/2023/04/10/survey-busy-season-looking-good/ EY Confronts Slowing Growth After Breakup Deal Fails - WSJ https://www.wsj.com/articles/ey-confronts-slowing-growth-after-breakup-deal-fails-9442c85d Magic Workflow: AI-Powered Workflow and Process Generator https://clienthub.app/blog/new-feature-magic-workflowai-powered-workflow-and-process-generator/ Ernst & Young has axed its plan for a split of its auditing and consulting arms, marking a dramatic and costly retreat https://www.wsj.com/articles/ernst-young-halts-breakup-plan-bd2e2fa0Is that the IRS with your refund? No, it's a ChatGPT scamhttps://www.politico.com/newsletters/weekly-tax/2023/04/17/is-that-the-irs-with-your-refund-no-its-a-chatgpt-scam-00092169 Taylor Swift avoided $100 million FTX deal with securities question: lawyer https://www.businessinsider.com/taylor-swift-avoided-100-million-ftx-deal-with-securities-question-2023-4 ChatGPT less than 50% accurate in accounting exams, study finds https://www.accountancyage.com/2023/04/21/chatgpt-less-than-50-accurate-in-accounting-exams-study-finds/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? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe
Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
Podchaser: http://cloudacctpod.link/podchaser
Spotify: http://cloudacctpod.link/Spotify
Stitcher: http://cloudacctpod.link/Stitcher
Overcast: http://cloudacctpod.link/Overcast
YouTube: https://www.youtube.com/c/CloudAccountingPodcast
Client Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFuture Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the li
(00:00) - CAP 329
(00:39) - PREVIEW: How ChatGPT saved Erica
(01:09) - Introduction
(07:48) - FTX had 80,000 transactions in Ask My Accountant
(12:04) - Blake plays a clip from the All-In podcast on AI accounting
(17:25) - ChatGPT vs real accountants and students on tests
(25:48) - Hector Garcia's example of using ChatGPT for analysing financial statements
(31:24) - Is Erica using ChatGPT at all in her firm?
(36:18) - EY breakup news
(42:13) - Donna's voicemail on her sons college tour and accounting majors
(48:18) - Deloitte kicks off program for high school students to earn accounting credits
(49:29) - Can AI help save education?
(52:48) - The IRS shows customer service improvements in 2023
(54:22) - Are accountants actually experiencing a better tax season?
(01:01:49) - Crazy MYOB commercial
(01:03:41) - Wrap up and where to reach everyone
Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesBlake Oliver on Twitter: "My speaking session was selected for #Expensicon”https://twitter.com/BlakeTOliver/status/1649440639355097088 SURVEY: Busy Season Looking Good - CPA Trendlines https://cpatrendlines.com/2023/04/10/survey-busy-season-looking-good/ EY Confronts Slowing Growth After Breakup Deal Fails - WSJ https://www.wsj.com/articles/ey-confronts-slowing-growth-after-breakup-deal-fails-9442c85d Magic Workflow: AI-Powered Workflow and Process Generator https://clienthub.app/blog/new-feature-magic-workflowai-powered-workflow-and-process-generator/ Ernst & Young has axed its plan for a split of its auditing and consulting arms, marking a dramatic and costly retreat https://www.wsj.com/articles/ernst-young-halts-breakup-plan-bd2e2fa0Is that the IRS with your refund? No, it's a ChatGPT scamhttps://www.politico.com/newsletters/weekly-tax/2023/04/17/is-that-the-irs-with-your-refund-no-its-a-chatgpt-scam-00092169 Taylor Swift avoided $100 million FTX deal with securities question: lawyer https://www.businessinsider.com/taylor-swift-avoided-100-million-ftx-deal-with-securities-question-2023-4 ChatGPT less than 50% accurate in accounting exams, study finds https://www.accountancyage.com/2023/04/21/chatgpt-less-than-50-accurate-in-accounting-exams-study-finds/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? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe
Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
Podchaser: http://cloudacctpod.link/podchaser
Spotify: http://cloudacctpod.link/Spotify
Stitcher: http://cloudacctpod.link/Stitcher
Overcast: http://cloudacctpod.link/Overcast
YouTube: https://www.youtube.com/c/CloudAccountingPodcast
Client Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFuture Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the li
Released:
Apr 26, 2023
Format:
Podcast episode
Titles in the series (100)
Workaholism, toxic meetings, and remote work: On Episode 6 of the podcast, I'm joined by Jeff Phillips of Accountingfly, a site for accountants and finance professionals to apply easily to hundreds of great jobs. We discuss the latest cloud accounting news, including: The four drivers of workaholism, by The Accounting Podcast