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What happens when Congress passes a $3.8 trillion deficit-increasing bill by just one vote while promising fiscal responsibility? Blake and David break down the "Big Beautiful Bill" and reveal who really benefits—spoiler alert: it's not the middle class or the national debt. They explore QuickBooks' aggressive new AI agents rollout with price hikes up to 17%, examine why Tesla's CPA CFO earned $139 million in one year, and uncover how tariff-stressed businesses are weaponizing invoice rejections to manage cash flow. You'll discover why the time-based billing model is fundamentally broken in accounting, learn about the emerging "Next 12" tier of accounting firms, and understand why partners work the most hours while achieving only 6.9/10 job satisfaction.
Sponsors
Relay - http://accountingpodcast.promo/relay
TeamUp - http://accountingpodcast.promo/teamup
REFRAME 2025 - http://accountingpodcast.promo/reframe2025
Payhawk - http://accountingpodcast.promo/payhawk
Show Notes
Do Americans Support Trump's 'Big, Beautiful' Budget Package? What Poll Found Before it Passed in House
https://www.cpapracticeadvisor.com/2025/05/22/do-americans-support-trumps-big-beautiful-budget-package-what-poll-found-before-it-passed-in-house/161567/
Tesla CFO earns staggering $139 million compensation package
https://www.foxbusiness.com/markets/tesla-cfo-earns-staggering-139-million-compensation-package
Tesla Exec Receives Record Pay Package, Highest Paid CFO
https://www.entrepreneur.com/business-news/tesla-exec-receives-record-pay-package-highest-paid-cfo/491938
Tesla CFO Vaibhav Taneja draws record $139 million salary
https://americanbazaaronline.com/2025/05/21/tesla-cfo-vaibhav-taneja-draws-record-139-million-salary-462881/
Big 4 Transparency - Awards Season
https://big4transparency.beehiiv.com/p/big-4-transparency-awards-season
Tariffs & Trade Uncertainty Creates Invoice Rejections Surge
https://procurementmag.com/news/tariffs-trade-uncertainty-creates-invoice-rejections-surge
Invoice rejection spike suggests tactic's use as tariff buffer, study says
https://www.cfodive.com/news/invoice-rejection-spike-suggests-tactics-use-as-tariff-buffer-study-says/748528/
Art of Accounting: Analysis of Top 100 Firms data https://www.accountingtoday.com/opinion/art-of-accounting-analysis-of-top-100-firms-data
The corporate work week grows even longer
https://www.cfo.com/news/the-corporate-work-week-grows-even-longer-survey-microsoft-reclaim-ai-/748628/
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Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com
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 Cloud 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
REFRAME 2025 - http://accountingpodcast.promo/reframe2025
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...
4.4
316316 ratings
What happens when Congress passes a $3.8 trillion deficit-increasing bill by just one vote while promising fiscal responsibility? Blake and David break down the "Big Beautiful Bill" and reveal who really benefits—spoiler alert: it's not the middle class or the national debt. They explore QuickBooks' aggressive new AI agents rollout with price hikes up to 17%, examine why Tesla's CPA CFO earned $139 million in one year, and uncover how tariff-stressed businesses are weaponizing invoice rejections to manage cash flow. You'll discover why the time-based billing model is fundamentally broken in accounting, learn about the emerging "Next 12" tier of accounting firms, and understand why partners work the most hours while achieving only 6.9/10 job satisfaction.
Sponsors
Relay - http://accountingpodcast.promo/relay
TeamUp - http://accountingpodcast.promo/teamup
REFRAME 2025 - http://accountingpodcast.promo/reframe2025
Payhawk - http://accountingpodcast.promo/payhawk
Show Notes
Do Americans Support Trump's 'Big, Beautiful' Budget Package? What Poll Found Before it Passed in House
https://www.cpapracticeadvisor.com/2025/05/22/do-americans-support-trumps-big-beautiful-budget-package-what-poll-found-before-it-passed-in-house/161567/
Tesla CFO earns staggering $139 million compensation package
https://www.foxbusiness.com/markets/tesla-cfo-earns-staggering-139-million-compensation-package
Tesla Exec Receives Record Pay Package, Highest Paid CFO
https://www.entrepreneur.com/business-news/tesla-exec-receives-record-pay-package-highest-paid-cfo/491938
Tesla CFO Vaibhav Taneja draws record $139 million salary
https://americanbazaaronline.com/2025/05/21/tesla-cfo-vaibhav-taneja-draws-record-139-million-salary-462881/
Big 4 Transparency - Awards Season
https://big4transparency.beehiiv.com/p/big-4-transparency-awards-season
Tariffs & Trade Uncertainty Creates Invoice Rejections Surge
https://procurementmag.com/news/tariffs-trade-uncertainty-creates-invoice-rejections-surge
Invoice rejection spike suggests tactic's use as tariff buffer, study says
https://www.cfodive.com/news/invoice-rejection-spike-suggests-tactics-use-as-tariff-buffer-study-says/748528/
Art of Accounting: Analysis of Top 100 Firms data https://www.accountingtoday.com/opinion/art-of-accounting-analysis-of-top-100-firms-data
The corporate work week grows even longer
https://www.cfo.com/news/the-corporate-work-week-grows-even-longer-survey-microsoft-reclaim-ai-/748628/
Need CPE?
Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com
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 Cloud 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
REFRAME 2025 - http://accountingpodcast.promo/reframe2025
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...
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