The Accounting Podcast

The Future of UX Is... Spreadsheets! & QuickBooks Leader Is New CEO of PayPal

08.24.2023 - By Blake Oliver & David LearyPlay

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In this episode, Blake and David talk app integration frustrations, Gusto's new payroll feature, increased fees for tax professionals, a tragic accident involving an IRS agent, low job fulfillment among accountants, and an employee stock ownership plan at BDO. They also dive into Amazon's new product review feature and the appointment of a former Intuit executive as the new CEO of PayPal. Rounding things out, they speculate on Alex Chriss' move to PayPal and the potential benefits for accountants and bookkeepers. Sponsors

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Chapters

(00:04) - Preview: BDO's new equity model

(00:55) - Welcome to The Accounting Podcast

(02:35) - Every app for accountants should have a spreadsheet view

(05:59) - We have reached peak user interface: How AI will simplify app design

(07:22) - Why Bob from accounting could soon be a bot

(12:30) - NATP study shows tax pros raised prices by over 20% in 2023

(20:57) - IRS agent accidentally killed by fellow agent at gun range

(24:12) - Sam Bankman Fried sent to jail

(25:19) - 60% of accountants rate their job fulfillment at C or lower

(27:20) - BDO USA borrows $1.3 billion to create an employee stock ownership plan

(32:05) - How to solve the accounting talent crisis

(35:50) - Amazon using AI to summarize customer reviews

(37:25) - PayPal's names new CEO: How Intuit, PayPal, and X are all connected

(47:24) - Wrap up, where to reach us, and checking in on the live chat

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Show Notes PayPal Names Alex Chriss as Next President and CEO         https://newsroom.paypal-corp.com/2023-08-14-PayPal-Names-Alex-Chriss-as-Next-President-and-CEO   Alex Chriss Succeeds Dan Schulman as the new CEO of PayPal        https://ceoworld.biz/2023/08/17/alex-chriss-succeeds-dan-schulman-as-the-new-ceo-of-paypal/   IRS agent accidentally shot, killed by fellow agent during training at Phoenix gun range https://www.azfamily.com/2023/08/17/irs-agent-accidentally-shot-killed-by-fellow-agent-during-training-phoenix-gun-range/   AICPA, NASBA Team to Help Ease Path to CPA Licensure    https://www.intuitiveaccountant.com/in-the-news/people-and-business/aicpa-nasba-team-to-help-ease-path-to-cpa-licensure/   Withum and Seton Hall launch CPA apprenticeship https://www.accountingtoday.com/news/withum-and-seton-hall-launch-cpa-apprenticeship   Large firm shakes up business model with employee stock ownership plan https://www.journalofaccountancy.com/news/2023/aug/large-firm-shakes-up-business-model-employee-stock-ownership-plan.html   Intuit Names Marianna Tessel General Manager of Small Business and Self-Employed Group https://www.businesswire.com/news/home/20230814601878/en/Intuit-Names-Marianna-Tessel-General-Manager-of-Small-Business-and-Self-Employed-Group/   Can PayPal’s incoming CEO jump-start profitable growth? https://www.paymentsdive.com/news/paypal-ceo-checkout-venmo-smb-payments/690928/   BDO to create ESOP with $1.3B credit deal             https://www.accountingtoday.com/news/bdo-to-create-esop-with-1-3b-credit-deal   Former eBay CEO Still Wields Influence over PayPal as It Names New CEO https://www.ecommercebytes.com/2023/08/14/former-ebay-ceo-still-wields-influence-over-paypal-as-it-names-new-ceo/   Elon Musk's 25-year obsession with 'X' explains what he did to Twitter https://mashable.com/article/musk-x-twitter-paypal   With plans to hire 200, a former PayPal CEO launches new digital bank in Miami https://www.miamiherald.com/news/business/article251326533.html   Outspoken: Bill Harris, Founder and Chairman of Personal Capital and former CEO of Intuit and Paypal        https://www.jsbarefoot.com/podcasts/2017/5/21/outspoken-bill-harris-ceo-of-personal-capital-and-former-ceo-of-intuit-and-paypal   5 things to know about Intuit’s small business guru Alex Chriss—PayPal’s incoming CEO

https://www.fastcompany.com/90938418/paypal-ceo-alex-chriss-dan-schulman-what-to-know   X.com names former Intuit brass its CEO https://www.cnet.com/tech/tech-industry/x-com-names-former-intuit-brass-its-ceo/   5 ways the IRS funding boost is paying offhttps://www.washingtonpost.com/opinions/2023/08/17/irs-funding-tax-season-wait-times/   How Amazon continues to improve the customer reviews experience with generative AI https://www.aboutamazon.com/news/amazon-ai/amazon-improves-customer-reviews-with-generative-ai   BDO partners in line for windfall after $1.3bn debt deal with Apollo Global Management | Financial Times                https://www.ft.com/content/78f60830-57a2...

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