We're back from the AICPA Engage conference sharing takeaways. Also, we're talking about all the latest generative AI developments in accounting, plus the recent PwC scandal in Australia.SponsorsLiveFlow - https://cloudaccountingpodcast.promo/liveflowZoho - https://cloudaccountingpodcast.promo/zoho Helcim - https://cloudaccountingpodcast.promo/helcimChapters
(00:00) - PREVIEW: The PwC scandal

(00:46) - Blake and David are back from AICPA Engage

(02:08) - Blake shares his mom's tax return horror story

(10:13) - Thoughts on the AICPA's 100th Town Hall podcast episode

(16:10) - How can AICPA grow Engage to be an even bigger event

(21:03) - It was great to see everyone at AICPA Engage

(27:11) - Advanced Auto Parts misses 10-Q deadline because they couldn't staff position

(30:37) - Accounting firms are getting sued for improper ERC returns

(35:31) - Checking in on the live chat

(37:31) - Intuit's AI announcement

(43:33) - CPA.com announces their own generative AI initiative

(44:50) - Spreadsheet company Equals launches AI Assist

(45:29) - ChatGPT makes up court cases in federal briefing

(47:59) - Ikea buys warehouse management SaaS company

(48:58) - Google DeepMind can create its own algorithms

(51:23) - Crypto scams are 5x more costly than other cyber crimes

(52:09) - Let's talk about PwC Australia

(01:01:25) - Wrap up and where to reach Blake and David

Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesGoogle DeepMind’s game-playing AI just found another way to make code faster | MIT Technology Review              https://www.technologyreview.com/2023/06/07/1074184/google-deepmind-game-ai-alphadev-algorithm-code-faster/ Crypto scams five times as costly as other cybercrimes says study | Accounting Todayhttps://www.accountingtoday.com/news/crypto-scams-five-times-as-costly-as-other-cybercrimes-says-study A Man Sued Avianca Airline. His Lawyer Used ChatGPT. - The New York Timeshttps://www.nytimes.com/2023/05/27/nyregion/avianca-airline-lawsuit-chatgpt.html?smid=nytcore-ios-share&referringSource=articleShareEquals Launches the First Native AI Assistant for Spreadsheetshttps://www.newswire.com/news/equals-launches-the-first-native-ai-assistant-for-spreadsheets-22045667 Intuit introduces proprietary large language models for fintech with GenOShttps://cointelegraph.com/news/intuit-introduces-proprietary-large-language-models-for-fintech-with-genos Intuit (INTU) Introduces Generative AI Operating Systemhttps://www.zacks.com/stock/news/2105195/intuit-intu-introduces-generative-ai-operating-system?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2105195 Intuit Unveils Generative AI Operating System and Finance LLMs for TurboTax, Credit Karma, QuickBooks, and Mailchimp Developers    https://voicebot.ai/2023/06/07/intuit-unveils-generative-ai-operating-system-and-finance-llms-for-turbotax-credit-karma-quickbooks-and-mailchimp-developers/ Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Modelshttps://financialpost.com/pmn/business-wire-news-releases-pmn/intuit-introduces-generative-ai-operating-system-with-custom-trained-financial-large-language-models Intuit Launches GenOS: AI Operating System for Financial Datahttps://medium.com/@cryptomarket06/intuit-launches-genos-ai-operating-system-for-financial-data-6bf8f161ef3a IKEA Parent Ingka Acquires Supply Chain Software Solutions Provider Made4nethttps://www.pymnts.com/news/retail/2023/ikea-parent-ingka-acquires-supply-chain-software-solutions-provider-made4net/ Landscaping Business Sues Accounting Firm Over Alleged COVID ...https://www.law.com/dailyreportonline/2023/05/30/landscaping-business-sues-accounting-firm-over-alleged-covid-19-scheme/ Intuit Expert BrandVoice: How Intuit Is Leveraging AI To Catapult The Role Of Tax And Bookkeeping Experts To Deliver Confidence Inspiring Customer Experiences           https://w