The Accounting Podcast (formerly the Cloud Accounting Podcast) is the world's #1 accounting, bookkeeping, and tax podcast.
Will IRS agents have to watch OnlyFans to police the new “no tax on tips” deduction? Blake and David unpack the wild twist: a study showing that women-led audit teams deliver higher-quality work at lower fees, and why AI could finally kill the billable hour. They hit PCAOB’s AI/PE crackdown, KPMG’s AI exam cheating, AI‑written financial reports, Meta’s off‑balance‑sheet data center, the IRS Math Act, and new child investment accounts. Walk away with policy context and practical tech takeaways.
Sponsors
OnPay - http://accountingpodcast.promo/onpay
ACFE - http://accountingpodcast.promo/acfe
Cloud Accountant Staffing - http://accountingpodcast.promo/cas
Show Notes
Coming soon!
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Transcripts
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
Are accountants no longer “professionals”? We unpack the DOE proposal that could slash grad loan limits—and what AICPA/NASBA plans to do about it. Plus: Deloitte’s AI-made citations, EY’s audit turnaround, PwC’s end‑to‑end AI audit ambitions, and OpenAI’s circular investment into accounting rollups. We also cover Xero’s new auto‑reconcile, Intuit’s small‑biz data ad play, and two practical wins: Google’s shared inboxes and unexpected networking tactics for landing that first job.
Sponsors
Cloud Accountant Staffing - http://accountingpodcast.promo/cas
ACFE - http://accountingpodcast.promo/acfe
OnPay - http://accountingpodcast.promo/onpay
Show Notes
Department of Education Accounting Professional Degree Classification
https://www.newsweek.com/full-list-degrees-professional-trump-administration-11085695
Accountants Inexplicably Deemed "Not Professional" Under OBBBA Student Loan Rules
https://www.goingconcern.com/accountants-inexplicably-deemed-not-professional-under-obba-student-loan-rules/
Department of Education Unclassifies Accounting as a Professional Degree
https://www.cpapracticeadvisor.com/2025/11/24/department-of-education-unclassifies-accounting-as-a-professional-degree/173875/
Deloitte allegedly cited AI-generated research in a million-dollar report for a Canadian provincial government https://fortune.com/2025/11/25/deloitte-caught-fabricated-ai-generated-research-million-dollar-report-canada-government/
Major N.L. healthcare report contains errors likely generated by A.I.
https://theindependent.ca/news/lji/major-n-l-healthcare-report-contains-errors-likely-generated-by-a-i/
N.L. asks Deloitte to carry out review after 'incorrect' citations found in $1.6M provincial health plan
https://www.cbc.ca/news/canada/newfoundland-labrador/nl-deloitte-citations-9.6990216
OpenAI's investment into Thrive Holdings is its latest circular deal
https://techcrunch.com/2025/12/01/openais-investment-into-thrive-holdings-is-its-latest-circular-deal/
Thrive-backed accounting firm Crete to spend $500 million in AI roll-up
https://finance.yahoo.com/news/thrive-backed-accounting-firm-crete-130200467.html
Crete PA plans $500 million spend to buy and upgrade accounting firms with AI
https://www.accountingtoday.com/news/crete-pa-plans-500-million-spend-to-buy-and-upgrade-firms-with-ai
OpenAI takes an ownership stake in Thrive Holdings to accelerate enterprise AI adoption
https://openai.com/index/thrive-holdings/
Trump Tariffs: The Economic Impact of the Trump Trade War
https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/
IEEPA Tariffs Are Down from April Threats
https://taxfoundation.org/blog/ieepa-tariffs-rates-down-april-threats/
Intuit SMB MediaLabs Audiences Now Available on The Trade Desk Platform
https://investors.intuit.com/news-events/press-releases/detail/1288/intuit-smb-medialabs-audiences-now-available-on-the-trade-desk-platform-connecting-advertisers-with-small-and-mid-market-businesses
Intuit SMB MediaLabs | Advertising Network
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Do money talks make your family squirm more than politics? In this Thanksgiving mailbag, Blake and David dig into a Bankrate survey on taboo money chats, the grim 2026 grad job market, and the maze of CPA experience sign-offs after NASBA’s program vanished. You’ll hear practical career advice (big firm vs. small, starting bookkeeping), what AI can and can’t do for accountants today, plus news on audit partners’ outlook and tariff shifts hitting grocery bills.
Chapters
Show Notes
Companies Predict 2026 Will Be the Worst College Grad Job Market in Five Years
https://www.wsj.com/lifestyle/careers/2026-graduates-job-market-7928bcd7
Survey: Americans would rather discuss politics or religion than what's in their bank accounts
https://www.bankrate.com/banking/financial-taboos-survey/
Audit partners feel more optimistic about economy
https://www.accountingtoday.com/news/audit-partners-feel-more-optimistic-about-economy
Trump lowers tariffs on coffee, beef and fruits, as Americans' concerns about affordability grow
https://www.cnn.com/2025/11/14/economy/lower-tariffs-coffee-beef-bananas-produce
Georgia Accountant Arrested After Allegedly Tearing Down Trump Sign, Shooting at North Carolina Man's House
Measuring AI Ability to Complete Long Tasks
https://metr.org/blog/2025-03-19-measuring-ai-ability-to-complete-long-tasks/
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Transcripts
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
Blake breaks down how AI can help with cost segregation and explains why AI currently works best on tasks that take humans 2-5 minutes. Michael Burry is betting against AI companies, claiming they're manipulating earnings by stretching server depreciation from 3-4 years to 5-6 years, adding billions to their bottom lines. Also covered: Intuit's $100 million annual OpenAI deal to integrate QuickBooks and TurboTax into ChatGPT, new bank evidence in the Rippling corporate espionage case, and a survey showing 10% of adults are acting on AI tax advice despite error rates up to 50%.
Chapters
Show Notes
AI Is Now a First Stop for Tax and Investing Questions - CPAs Need a Playbook Fast
https://www.cpapracticeadvisor.com/2025/10/29/ai-is-now-a-first-stop-for-tax-and-investing-questions-cpas-need-a-playbook-fast/171939/
19% lost $100 or more on bad AI financial advice
https://www.accountingtoday.com/news/19-lost-100-or-more-on-bad-ai-financial-advice
Intuit to pay OpenAI over $100 million for model access, ChatGPT integrates with TurboTax
https://www.cnbc.com/2025/11/18/intuit-pays-openai-100-million-turbotax-integrates-chatgpt.html
Intuit Strikes $100M Deal to Bring TurboTax and QuickBooks Into ChatGPT
https://www.eweek.com/news/intuit-100m-chatgpt-deal/
Intuit signs $100M+ deal with OpenAI to bring its apps to ChatGPT
https://techcrunch.com/2025/11/18/intuit-signs-100m-deal-with-openai-to-bring-its-apps-to-chatgpt/
Intuit and OpenAI join forces on new AI-powered experiences
https://openai.com/index/intuit-partnership/
'Big Short' investor Michael Burry accuses AI hyperscalers of artificially boosting earnings
Michael Burry Hits Back At Critics: Accuses AI Companies Of 'Suspicious Revenue Recognition' And Depreciation Gimmicks: 'Fraud, Not A Flywheel'
Fireside chat with PCAOB acting chair George Botic
https://www.accountingtoday.com/opinion/fireside-chat-with-pcaob-acting-chair-george-botic
New Banking Records Prove Deel Paid Thief Who Stole Trade Secrets from Rippling
Newly unsealed documents tie Deel to payments for alleged Rippling spy, while Deel points to witness incentives
https://www.calcalistech.com/ctechnews/article/h1ysgtng11l
FASB Says Certain Costs of Leases Standard Were Significantly Higher Than Expected
FASB finds leases standard was costlier than expected
https://www.accountingtoday.com/news/fasb-finds-leases-standard-was-costlier-than-expected
NJ's once-stalled CPA licensing bill advances after 'surprise' vote
Indigenous accounting and exchange at Monte Sierpe ('Band of Holes') in the Pisco Valley, Peru
Peru's ancient 'band of holes' mystery may be solved
https://edition.cnn.com/2025/11/21/science/peru-band-of-holes-mystery
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Earmark Media Presents a bonus episode of Earmark Podcast:
Live from Boston on the final stop of the Advisory Amplified tour, Blake sits down with James Erving from Fathom and Chris Macksey from Prix Fixe Accounting to explore what advisory services really mean beyond bookkeeping and compliance. Chris shares how his firm requires advisory for all restaurant clients, using industry expertise and operational metrics to guide decisions on everything from menu pricing to expansion timing. The conversation covers the difference between delivering information versus being integral to decision-making, with insights on forecasting, benchmarking, and why visual KPIs help clients with low financial literacy understand their business performance.
Meet Our Guests
James Erving
LinkedIn: https://www.linkedin.com/in/jameserving/
Learn more about Fathom
Official website: http://fathomhq.com
Chris Macksey
LinkedIn: https://www.linkedin.com/in/cmacksey/
Learn more about Prix Fixe Accounting
Official website: https://prixfixe.accountants/
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Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.
Sponsorships
Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus.
Need Accounting Conference Info?
Check out our new website - accountingconferences.com
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Transcripts
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
Earmark Media Presents a bonus episode of Earmark Podcast:
On the fifth stop of the Advisory Amplified tour in Atlanta, Blake sits down with Lisa Gilreath of Acuity and Valerie Heckman of OnPay to discuss what empathetic leadership actually looks like in an industry notorious for long hours and tight deadlines. The conversation covers everything from recognizing when team members are struggling to handling toxic high performers, with real talk about building slack into capacity planning and why unused PTO is a red flag. Lisa and Valerie share concrete steps for creating a culture where people feel supported enough to lean in when it matters most.
Meet Our Guests
Valerie Heckman
LinkedIn: https://www.linkedin.com/in/valerieheckman/
Learn more about OnPay
Official website: https://onpay.com
Lisa Gilreath
LinkedIn: https://www.linkedin.com/in/lisa-gilreath-2ba506a/
Learn more about Sorren
Official website: https://sorren.com/
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Get in Touch
Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.
Sponsorships
Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus.
Need Accounting Conference Info?
Check out our new website - accountingconferences.com
Limited edition shirts, stickers, and other necessities
TeePublic Store: http://cloudacctpod.link/merch
Subscribe
Classifieds
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Transcripts
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
Earmark Media Presents a bonus episode of Earmark Podcast:
Live from Austin on the Advisory Amplified tour, Blake sits down with Madeline Reeves of Fearless Foundry and Wesley McDonald of Relay to explore what it truly means to be a renegade in accounting: firms that lead clients to somewhere new rather than settle for "the way things have always been done." The conversation explores why top firms aren't afraid to say no to the wrong clients, how transparency in compensation and career pathways can address the talent crisis, and the hard-won lessons learned about building cultures of collaboration over competition.
Meet Our Guests
Madeline Reeves
LinkedIn: https://www.linkedin.com/in/madelinefearless/
Learn more about Fearless Foundry
Official website: http://www.fearlessfoundry.com
Wesley McDonald
LinkedIn: https://www.linkedin.com/in/wmcdonald48/?originalSubdomain=ca
Learn more about Relay
Official website: https://relayfi.com
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Get in Touch
Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.
Sponsorships
Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus.
Need Accounting Conference Info?
Check out our new website - accountingconferences.com
Limited edition shirts, stickers, and other necessities
TeePublic Store: http://cloudacctpod.link/merch
Subscribe
Classifieds
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Transcripts
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
Earmark Media Presents a bonus episode of Earmark Podcast:
Blake sits down with Mary Delaney, CEO of Karbon, and Kenji Kuramoto, co-founder of Acuity, to explore how standardizing workflows can unlock growth without sacrificing the artistry of advisory work. They discuss Karbon's acquisition of Aider, the power of time studies to identify automation opportunities, and why getting senior advisors to embrace process requires framing workflow as empowerment rather than micromanagement. Kenji shares lessons from building Acuity's advisory practice and why workflow due diligence became critical during their 14-firm merger with Sorren.
Meet Our Guests
Mary Delaney
LinkedIn: https://www.linkedin.com/in/marywdelaney/
Learn more about Karbon
Official website: http://karbonhq.com
Kenji Kuramoto
LinkedIn: https://www.linkedin.com/in/kenjikuramoto/
Learn more about Acuity
Official website: https://acuity.co
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Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.
Sponsorships
Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus.
Need Accounting Conference Info?
Check out our new website - accountingconferences.com
Limited edition shirts, stickers, and other necessities
TeePublic Store: http://cloudacctpod.link/merch
Subscribe
Classifieds
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Transcripts
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
Is private equity eroding the soul of the accounting profession? Blake and David unpack NASBA’s PE task force, the BDO–First Brands meltdown, and why ‘appearance of independence’ matters. They also break down the end of IRS Direct File, Intuit’s TurboTax stores, the Supreme Court’s skepticism of Trump tariffs, and a new IRS notices law. Plus: AI agents that fall for scams. Learn what these shifts mean for firms, auditors, and your clients this tax season.
Sponsors
Relay - http://accountingpodcast.promo/relay
BILL - http://accountingpodcast.promo/bill
Cloud Accountant Staffing - http://accountingpodcast.promo/cas
Show Notes
Longest Shutdown in History Costs U.S. Economy About $15 Billion Each Week
https://www.cpapracticeadvisor.com/2025/11/05/longest-shutdown-in-history-costs-u-s-economy-about-15-billion-each-week/172368/
IRS tells states Direct File 'will not be available' in 2026
https://federalnewsnetwork.com/it-modernization/2025/11/irs-direct-file-will-not-be-available-in-2026-agency-tells-states/
Intuit to open 20 brick-and-mortar TurboTax stores+offices
https://www.accountingtoday.com/news/intuit-to-open-20-brick-and-mortar-turbotax-stores-offices
Social Security, IRS Leader Bisignano Panned After Fiserv Stock Tanks
https://401kspecialistmag.com/social-security-irs-leader-bisignano-panned-after-fiserv-stock-tanks/
Trump Tariffs Face Supreme Court Challenge From Chicago Toymaker
https://www.bloomberg.com/news/features/2025-11-02/trump-tariffs-face-supreme-court-challenge-from-chicago-toymaker
Supreme Court justices appear skeptical that Trump tariffs are legal
https://www.cnbc.com/2025/11/05/supreme-court-trump-trade-tarrifs-vos.html
AICPA Applauds the Passage of the IRS Math and Taxpayer Help Act
https://www.aicpa-cima.com/news/article/aicpa-applauds-the-passage-of-the-irs-math-and-taxpayer-help-act
First Brands founder accused of looting company
https://fortune.com/2025/11/05/first-brands-bankruptcy-founder-allegations-patrick-james/
Are Alternative Practice Structures in Private Equity Considerations and Questions for Boards of Accountancy (NASBA White Paper) https://nasba.org
Microsoft Gave AI Agents Fake Money to Buy Things Online. They Spent It All on Scams
https://decrypt.co/347709/microsoft-ai-agents-fake-money-buy-online-they-spent-scams
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Get in Touch
Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.
Sponsorships
Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus.
Need Accounting Conference Info?
Check out our new website - accountingconferences.com
Limited edition shirts, stickers, and other necessities
TeePublic Store: http://cloudacctpod.link/merch
Subscribe
Classifieds
Collective by DBA - https://collective.cpa/
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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd
Transcripts
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
Earmark Media Presents a bonus episode of Earmark Podcast:
Most accounting firms are dramatically underpricing their services, but the fear of losing clients keeps them stuck. Marie Greene and Ryan Embry join Blake for a live conversation in LA about spotting underpricing, having the repricing conversation, and why your worst clients are often the most price-insensitive. Plus, a live role-play demonstration of how to navigate a difficult pricing conversation.
Meet Our Guests
Ryan Embree
LinkedIn: https://www.linkedin.com/in/ryan-embree-9463b286/
Learn more about Ignition
http://ignitionapp.com
Marie Greene, CPA
LinkedIn: https://www.linkedin.com/in/mariegreene/
Learn more about Connected Accounting
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Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.
Sponsorships
Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus.
Need Accounting Conference Info?
Check out our new website - accountingconferences.com
Limited edition shirts, stickers, and other necessities
TeePublic Store: http://cloudacctpod.link/merch
Subscribe
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Transcripts
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
Alicia Katz Pollock joins the show fresh from Intuit Connect with detailed notes on everything announced for QuickBooks Online and the accounting profession. The discussion covers Intuit's consolidation strategy to reduce reliance on third-party apps, the new tiered pricing structure for the Intuit Accountant Suite launching in 2026, and how AI agents are currently performing in bank feeds and transaction categorization. They also examine QuickBooks' move into CRM and marketing tools, the role of QuickBooks Live in Intuit's strategy, and what alternatives small businesses and accountants might consider.
Sponsors
Cloud Accountant Staffing - http://accountingpodcast.promo/cas
Rippling - http://accountingpodcast.promo/rippling
BILL - http://accountingpodcast.promo/bill
Listen and Subscirbe to The Unofficial QuickBooks Accountants Podcast!
https://uqb.show/subscribe
Connect with Alicia Katz Pollock!
https://www.linkedin.com/in/aliciakatzpollock/
https://royalwise.com/
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Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.
Sponsorships
Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus.
Need Accounting Conference Info?
Check out our new website - accountingconferences.com
Limited edition shirts, stickers, and other necessities
TeePublic Store: http://cloudacctpod.link/merch
Subscribe
Classifieds
Collective by DBA - https://collective.cpa/
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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd
Transcripts
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page