Blake and David discuss issues relating to the accounting profession's talent pipeline, including a high school student's negative experience in her first accounting class and efforts by state CPA societies to reduce licensing barriers. They move on to tech topics, like the slow adoption of AI tools such as ChatGPT among accountants and new product features announced by Intuit and Xero. Wrapping things up, they share listener feedback on finding resources to learn new accounting software and workflows and provide commentary on app subscription price increases and the need for accountants to price their services properly.

Sponsors
OnPay - https://cloudaccountingpodcast.promo/onpay
CCH Access - https://cloudaccountingpodcast.promo/axcess
Keeper - https://cloudaccountingpodcast.promo/keeper

• (00:00) - Preview: Accountants need to charge more

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

Show Notes

Product wrap from Xerocon Sydney 2023 | Xero Blog        

https://www.xero.com/blog/2023/08/product-wrap-from-xerocon-sydney-2023/

150 Hours is a Barrier – Really! - Going Concern  

https://www.goingconcern.com/150-hours-is-a-barrier-really/

Jacob Schroeder: 86% of OSCPA Town Hall attendees have not used ChatGPT at all

https://x.com/jacobbschroeder/status/1694748226904060157?s=12

SCACPA Proposing Legislation to Address Pipeline Challenges – SCACPA

https://www.scacpa.org/scacpa-proposing-legislation-to-address-pipeline-challenges/

Airline Close Calls Happen Far More Often Than Previously Known

https://www.nytimes.com/interactive/2023/08/21/business/airline-safety-close-calls.html

Please join the Arizona State Society of Enrolled Agents “Town Hall”          

https://aztaxpros.org/images/meeting/082323/Town_Hall/azsea_invite_to_town_hall_on_aug_23__2023.pdf

Question from a bookkeeper

https://www.linkedin.com/feed/update/urn:li:activity:7094151084134338560/

Upcoming changes to QuickBooks Desktop pricing + FAQs

https://www.firmofthefuture.com/product-update/quickbooks-desktop-pricing-changes/

Dext pricing change from today 

https://www.accountingweb.co.uk/any-answers/dext-pricing-change-from-today

Introducing Ramp Plus   

https://ramp.com/blog/introducing-ramp-plus

Fintech Ramp is Raising Capital at $5.5 Billion Valuation, Down 30%           

https://www.theinformation.com/articles/fintech-ramp-is-raising-capital-at-5-5-billion-valuation-down-30

Accountants face up to the cost of cloud app stacks          

https://www.accountingweb.co.uk/tech/tech-pulse/accountants-face-up-to-the-cost-of-cloud-app-stacks

Stripe Unveils “Tax for Platforms” to Streamline Tax Compliance for Small Businesses         

https://smallbiztrends.com/2023/08/stripe-unveils-tax-for-platforms-to-streamline-tax-compliance-for-small-businesses.html

Intuit (INTU) Q4 2023 Earnings Call Transcript      

https://www.fool.com/earnings/call-transcripts/2023/08/24/intuit-intu-q4-2023-earnings-call-transcript/

Why Students Opt for Accounting (or Don’t)         

https://cpatrendlines.com/2023/08/20/why-students-opt-for-accounting-or-dont/

CPA Exam Changes and Pipeline Woes Are a Perfect Storm of Problems For the Profession               

https://www.goingconcern.com/cpa-exam-changes-and-pipeline-woes-are-a-perfect-storm-of-problems-for-the-profession/

Stop calling them audits

https://blockworks.co/news/blockchain-audits-ey

FTX Bankruptcy Burning Through $1.5M in Legal Costs Every Day

https://www.coindesk.com/policy/2023/08/23/ftx-bankruptcy-burning-through-15m-in-legal-costs-every-day/

150 Hours is a Barrier - Really!    

https://www...