The Accounting Podcast

EY to Bonus Staff $100M, Deloitte Pays $21M to Settle DEI Case

Can AI prepare a tax return—and catch errors the software misses? Blake shares how Claude Cowork reconciled books, built workpapers, and completed two business returns, w

TurboTax Losing Customers Over Price, Thomson Reuters Builds Own AI

Can AI make tax prep cheaper without replacing the experts behind it? Hector Garcia joins Blake and David to unpack Intuit’s TurboTax pricing pressure, QuickBooks’ push i

Rogue AI Agents, Off-Balance-Sheet AI Financing & Xerocon 2026

AI agents are going rogue — deleting bookings, sending unauthorized emails, and lying about it — and Blake and David trace the trend into the $3 trillion of off-balance-s

NVIDIA AI Funding Deal Has "Shades of Enron" & EY Speeds Audits 125%+

Is AI creating an audit boom—or hiding the next Enron-style risk? Blake and David unpack NVIDIA’s $500 billion data-center financing plan, why Michael Burry sees warning

PwC Cuts Disney & The Uncertain Career Path for CPAs

What does episode 500 reveal about where accounting is headed? Blake Oliver and David Leary celebrate the milestone with CFO.com’s Adam Zaki and Going Concern’s Adrienne

Grant Thornton to Acquire CBIZ & Trump Puts Immunity Over Blanche

Could Grant Thornton’s $5 billion CBIZ deal create a Big Five? Blake and David unpack the private-equity-backed combination, what it means for accounting firm ownership,

IRS Chief Spied on Colleagues & Out of Control AI

Could an AI agent decide to hack a system, or cancel your software subscription just to complete its task? Blake and David examine reports of AI agents escaping guardrail

How Sam Leon Uses Claude Cowork to Prep Tax Returns 5x Faster

Can one accountant really do tax prep five times faster with AI? Blake and David talk with Sam Leon, founder of The Millennial CPA, about how he uses Claude projects to t

How Much Will World Cup Players Pay in Taxes & Xero's New AI Agent Builder

What do World Cup taxes, AI-built accounting tools, and remote work have in common? In this episode, Blake and David unpack how tax rules hit global athletes and sports b

Aussies Want to Break up Big Four & Trump Accounts Go Live on the 4th

What if one tax break could give your child a head start or hand them a pile of money at 18? Blake and David unpack the new Trump accounts, who should use them, and why a

Fake AI Receipt Fraud Soars & Big Firms Losing Power

Are fake AI receipts becoming the next big headache for finance teams? Blake Oliver and David Leary unpack the surge in AI-generated expense fraud, why tax pros are rapid

KPMG Withdraws AI Report Full of "Vibe Citations"

Can AI really clean up messy bookkeeping—and what happens when firms trust it too much? Blake and David break down KPMG’s error-filled AI report, the Pentagon’s new “Agen

AICPA Says By 2040 Compliance Will Be Automated

Will AI really automate most accounting work by 2040? Blake and David unpack what they heard at AICPA Engage, from deterministic AI agents and rising accounting enrollmen

AI Beats Humans at Bookkeeping & Powers Finance Team of One

Can AI now do bookkeeping better than humans? Blake and David dig into new data showing major AI models outperforming outsourced accountants on basic transaction coding,

What CBIZ Means for PE, Starbucks Kills Off AI Inventory Counting

Is private equity betting on the wrong accounting firms? Blake and David break down CBIZ’s stock slide, why investors may be losing faith in the traditional firm model, a

Intuit Stock Gets Hammered & Trump's Wild IRS Settlement

Is AI about to break the billable hour? Blake and David unpack what they heard at a major AI tax summit, where new tools promise to prepare complex returns in minutes ins

Is GAAP Inflating the AI Bubble?

Is AI really the next Google—or are investors repeating the last tech bubble? Blake and David dig into OpenAI’s legal win, the accounting mechanics behind soaring AI valu

SEC Prepares for Semi-Annual Reporting & the True Cost of the Iran War

Could public companies stop reporting every quarter? Blake and David break down the SEC’s push toward optional semiannual reporting, OpenAI’s new consulting arm, and what

An AI-Powered Firm of One, KPMG Shuts Down Fed Audits

Sponsors OnPay - http://accountingpodcast.promo/onpay R.E. Cost Seg - http://accountingpodcast.promo/recostseg C&R Consulting - http://accountingpodcast.promo/cnr Fishbow

KPMG Lays Off 10% Audit Partners, Best AI Still Fails 1/5 Accounting Tasks

What does it mean when Big Four partners can be demoted—and AI still gets 1 in 5 accounting tasks wrong? Blake and David unpack KPMG’s audit partner cuts, EY and KPMG’s q