This Week's Guest: Terrell Turner, CPA; 85% of MNCPA members working in public accounting support an alternative to 150 hours; The Silicon Valley Bank Balance Sheet Time Bomb "Sitting In Plain Sight"; Senator Warren complains to PCAOB about sham crypto "audits"; JPMorgan Chase’s nickel bags turn out to be full of stones; PwC introduces AI chatbot for 4,000 lawyers to speed up work; Xero kills WorkflowMax

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• (00:00) - Cloud Accounting Podcast Episode 325

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Transcript
The transcript of this episode is available by clicking on the Transcript tab at the top of this page.

Show Notes
Texas Close to Allowing CPA Candidates to Test with 120 Credits

https://www.cpapracticeadvisor.com/2023/03/22/texas-close-to-allowing-cpa-candidates-to-test-with-120-credits/78123/

South Carolina's Top Accountant to Step Down After $3.5 Billion Error

https://www.cpapracticeadvisor.com/2023/03/23/south-carolinas-top-accountant-to-resign-after-3-5-billion-error/78209/

MNCPA to Educators: "We Do Not Need New CPAs Who Have Additional College Credits; We Need More CPAs, Period."               

https://www.goingconcern.com/mncpa-to-educators-we-do-not-need-new-cpas-who-have-additional-college-credits-we-need-more-cpas-period/

Banks and investors are reviving a push for changes to securities accounting after the SVB collapse

https://www.wsj.com/articles/banks-investors-revive-push-for-changes-to-securities-accounting-after-svb-collapse-99caa9ce

PwC introduces AI chatbot for 4,000 lawyers to speed up work
https://gulfbusiness.com/pwc-introduces-ai-chatbot-for-4000-lawyers/

The More Things Change, the More They Stay the Same: Addressing the CPA Pipeline Crisis | NASBA

https://nasba.org/blog/2023/03/14/addressing-the-cpa-pipeline-crisis/

QuickBooks leans into AI in 2023 | Accounting Today

https://www.accountingtoday.com/news/quickbooks-plans-to-go-all-in-on-ai-in-2023

SVB's balance-sheet time bomb was 'sitting in plain sight' 

https://www.accountingtoday.com/articles/svbs-balance-sheet-time-bomb-was-sitting-in-plain-sight-short-seller-says

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