Podcasts about aicpa

We'll walk you through the three pillars of a thriving specialized cannabis CFO practice, and show you exactly how DOPE CFO gets you serving cannabis operators at the highest level, faster.---In this video, Andrew Hunzicker, CPA and founder of DOPE CFO, breaks down the strategic shift that separates a bookkeeper or generalist accountant from a specialized fractional CFO commanding premium retainers. You'll learn why bookkeeping, payroll, tax preparation, and audit are racing toward zero under AI, and how to reposition your accounting practice around forward-looking value work like tax planning, cash flow forecasting, strategic advisory, and CFO-level services. Andrew walks through the path from generalist bookkeeper to specialized cannabis CFO, the five-part playbook for building a six-figure advisory firm with three to five high-paying clients, and how the recent federal cannabis rescheduling to Schedule III opens the biggest window for accountants in decades.Andrew has trained thousands of accountants over the last eight years, both through DOPE CFO and at national firms. He helps plan and lead the AICPA Cannabis Conference every year and started his career at a Big Four firm.Andrew covers:- Why bookkeeping, tax prep, payroll, and audit are all racing to zero (PwC says end-to-end AI audit by the end of this year)- The exact split between cost work and value work, and why clients happily pay premium fees for the second- Why tax planning is easier than tax prep, and puts real money back in a client's pocket- The "number two to the CEO" positioning that AICPA finally co-opted, and how it changes what you charge- The 15th-to-18th monthly cadence Andrew runs for every client, and what fills the second half of the month- The five-part path from generalist to specialist, and why cannabis and hemp check every box right nowThis is what a real specialized CFO practice looks like when the pricing model actually reflects the value delivered.

Networking can feel uncomfortable for many of us, but meaningful connections often start with simple conversations and strong listening skills. Alex Romero, CPA, CGMA, the AICPA's director–CPA Pipeline, shares practical advice for building professional relationships at conferences and beyond, including the reminder that pauses are acceptable. Romero also highlights ways to stay present in conversations and one activity that she has found to be a networking boost. She also discusses the latest outlook for accounting talent, accounting enrollment trends, and why the CPA credential remains a "great differentiator." Other resources mentioned in the conversation include an earlier podcast episode from ENGAGE with the AICPA's Carl Mayes, CPA; the website ThisWayToCPA.com, with numerous resources for students and educators; and information on the July 24 Faculty Hour Series webcast, which includes Romero as a scheduled speaker. What you'll learn from this episode: The ways accounting professionals who are averse to networking can become effective at building relationships at conferences and other events. How active listening helps create deeper professional connections. Romero's practical conversation starters and techniques. What recent accounting enrollment data suggests about the CPA talent pipeline.

Indexed Universal Life (IUL) insurance is often marketed as a "tax-free retirement income" solution, but how do these policies really work over time? To cut through the noise, financial planner Andy Panko, CFP®, RICP®, EA, decided to run his own real-time experiment. He bought an IUL, fully documented the structure, costs, and performance, and is openly sharing the results year after year. In this episode, Andy joins us to explain what IULs are, why he launched The IUL Experiment, and what every financial planner should know before considering them in retirement planning conversations. We talk about: The structure of IULs and why they're so often misunderstood The gap between marketing promises and actual performance The potential benefits—tax deferral and downside protection—and their trade-offs Why transparency and ongoing tracking matter for evaluating these products How planners can approach IUL conversations with clarity and objectivity Whether you've advised clients on IULs, been pitched on them, or just want to better understand how they fit (or don't fit) into real financial planning, this episode gives you a front-row seat to an experiment playing out in real time. AICPA Resources: Tools: Life insurance policy evaluation Podcast: Life insurance planning strategies for individuals Webcast: Advanced strategies for life insurance policies Checklist: Life insurance policy checkup This episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy, and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search "AICPA Personal Financial Planning" on your favorite podcast app.

In this week's AICPA Town Hall, CPA.com's Erik Asgeirsson was joined by CPA.com's Brandon Allfrey and Blue J CEO Ben Alarie to discuss AI's impact on tax transformation. AICPA's Erin Hartman was also joined by Chet Buchman of Swindoll, Janzen, Hawk & Lloyd to discuss practical strategies for moving from compliance to advisory. The Town Hall also covered the latest DC and technical updates shaping the profession. 

AICPA system and organization controls (SOC) reporting has become a cornerstone of trust in today's technology-driven market. But does too much reliance on SOC 2 reports create a false sense of security? This episode discusses why over-reliance can be risky. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources:AICPA guides peer reviewers to address SOC 2 risksAccounting and auditing articles and eventsJoin the Accounting & Auditing Standards Interest Group 

AICPA President and CEO Mark Koziel, CPA, CGMA, reflects on his first 18 months in the role, discussing initiatives such as CPA Trust, the return of the print Journal of Accountancy, and the profession's ongoing advocacy efforts. Speaking while at AICPA ENGAGE in Las Vegas, Koziel also shares insights on AI, upskilling, tax transformation, licensure mobility, and the role CPAs can play in a rapidly changing business environment.  Koziel explains why he remains optimistic about the profession's future despite ongoing disruption and uncertainty. He also tells the story of being asked long ago for an autograph. What you'll learn from this episode: Why the CPA Trust campaign launched and particulars about the strategy for a commercial about the initiative. What Koziel meant when he said, "We are in the verification business." What member feedback revealed about the need for upskilling and how the Profession Ready Initiative aims to address skills gaps. Why Koziel considers it valuable for members to have the Journal of Accountancy return to printed issues. How AI could reshape tax compliance work and expand opportunities for advisory services. Why he says, "Train's left the station," when asked about changes in CPA licensure pathways. Koziel's assertion that CPAs will continue to thrive amid technological disruption by serving as the "human in the lead."

The Nonprofit Westchester Summer Celebration & Networking Party is the premier annual event for local charity leaders, business professionals, and government partners in the region. Hosted at the scenic Hudson River Museum in Yonkers, NY, on June 24th, 2026, the evening offers an excellent opportunity to unwind, build new relationships, and celebrate the local nonprofit sector. Attendees can enjoy outdoor networking, refreshments, and guided museum tours led by junior docents. The event also highlighted the vital impact of the sector, featuring remarks from prominent local leaders, such as New York State Majority Leader Andrea Stewart-Cousins.Hope Checkley from Checkley & Associates spoke with Westchester Talk Radio host Joan Franzino about her accounting practice, which has been established for 20 years and has specialized in nonprofits for the last nine. Hope detailed the unique complexities of nonprofit finances, emphasizing that organizations must follow strict GAAP and AICPA guidelines. Hope works flexibly with local budgets to protect their operational independence.

Most retirement plans answer one question: Can I afford to retire? But far fewer answer the question that often matters just as much: What am I retiring to? In this episode, Cary Sinnett sits down with renowned researcher and Harvard Business School professor emerita Teresa Amabile to explore the hidden psychological transition that accompanies retirement. Drawing from more than a decade of research and interviews with retirees, she explains why many successful professionals fear retirement, why those fears are often misplaced, and how financial planners can help clients prepare for life beyond the balance sheet. Whether you're guiding clients toward retirement or thinking about your own future, this conversation offers practical insights into identity, purpose, relationships, and creating a retirement that truly works. Questions Discussed: Why do so many successful professionals fear retirement despite being financially prepared? What are the four psychological tasks every retiree faces? How can retirees preserve a sense of identity after leaving work? What role should financial planners play in preparing clients emotionally for retirement? What single question can advisors ask that helps clients begin designing a meaningful retirement? Key Takeaways: Retirement is a transition, not a single event. Financial readiness alone does not guarantee retirement satisfaction. Many pre-retirees fear the unknown, but most retirees ultimately adapt successfully. Identity, relationships, and daily routines are critical components of a fulfilling retirement. Financial planners can add tremendous value by encouraging clients to think intentionally about what comes after their careers. Resources: Article: Retiring: Creating a Life That Works for You Webcast: Financial Planning for Aging Clients Article: 4 Questions to Identify Your Retirement Needs and Goals This episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy, and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search "AICPA Personal Financial Planning" on your favorite podcast app.

In this episode of the Tax Section Odyssey podcast, April Walker is joined by former IRS Communications Chief Terry Lemons, Public Relations Director — Frost Law, and Kelly Phillips Erb (Taxgirl), Senior Writer — Forbes, about what tax professionals should understand about the IRS, the media and today's fast-moving tax information environment. Their conversation explores IRS complexity, why tax stories matter, how misinformation spreads, the role of artificial intelligence (AI) and social media and why practitioners remain essential trusted guides for taxpayers. Questions answered in this episode: What do IRS employees wish tax practitioners better understood about the agency What makes a tax story newsworthy from a media perspective? How can practitioners help clients sort through tax myths and misinformation? What role are AI and social media playing in spreading — and correcting — tax information? Why are tax professionals especially important in today's complex and noisy tax environment? AICPA resources IRS Practice & Procedures Contacting the IRS FAQs Best Practices for Written Communication with the IRS | Webcasts | AICPA & CIMA   Keep your finger on the pulse of the dynamic and evolving tax landscape with insights from tax thought leaders in the AICPA Tax Section. The Tax Section Odyssey podcast includes a digest of tax developments, trending issues and practice management tips that you need to be aware of to elevate your professional development and your firm practices. This resource is part of the robust tax resource library available from the AICPA Tax Section. The Tax Section is your go-to home base for staying up to date on the latest tax developments and providing the edge you need for upskilling your professional development. If you're not already a member, consider joining this prestigious community of your tax peers. You'll get free CPE, access to rich technical content such as our Annual Tax Compliance Kit, a weekly member newsletter and a digital subscription to The Tax Adviser.

In this week's #AICPATownHall, CPA.com's Erik Asgeirsson is joined by The Marks Group's Gene Marks to discuss the economic outlook for firms and small businesses, while AICPA's Lisa Simpson joins AICPA's Tom Hood to dive into the new Rise 2040 initiative and the future of the profession. Plus, catch up on the latest DC and technical updates you rely on.

What advocacy issues should CPAs be watching with 2026 at its midpoint? The latest Journal of Accountancy podcast episode covers numerous topics with Mark Peterson, executive vice president–Advocacy for the Association of International Certified Professional Accountants, representing AICPA and CIMA. Peterson details efforts to include accounting in STEM education initiatives, what the future might hold for beneficial ownership information reporting requirements, and the profession's role in seeking guidance related to federal tax guidance. Peterson, speaking from AICPA ENGAGE earlier this month, also explains the vital role of state societies' advocacy efforts. He touches on CPA licensure, the Fiscal State of the Nation Act, tariffs, and other policy developments that affect practitioners and their clients. Also, read Peterson's midyear summary in column form. What you'll learn from this episode: Why the AICPA continues to push for accounting to be included in STEM education initiatives, and what progress advocates are making on Capitol Hill. What the future may hold for beneficial ownership information requirements after the pause in BOI reporting enforcement. The critical role that state CPA societies play in licensure modernization and advocacy efforts. Peterson's perspective on how the AICPA is helping to get more clarity around implementation of major federal tax legislation. Why he says that implementation of the massive tax bill has been "lumpy." Peterson's reflection on the rise of Town Hall as a way to quickly get information and perspective to members. Ongoing and emerging policy issues — including tariffs, global mobility, and anti-money laundering efforts — that could affect the profession in the months ahead.

This episode, which was recorded live at the NJCPA Convention & Expo, covers parts 2 and 3 of the AICPA's proposed changes to attestation standards. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources:AICPA exposure drafts of proposed SASs, SSAEs ad SQMSsAccounting and auditing articles and eventsJoin the Accounting & Auditing Standards Interest Group

Some of the biggest planning opportunities in trust and estate taxation are also the easiest to miss. In this episode, Cary Sinnett sits down with nationally recognized estate planning authority Bob Keebler to explore three highly technical areas that can dramatically impact client outcomes: portability elections, fiduciary income taxation during periods of market volatility, and the often-misunderstood Kenan doctrine. Bob explains where advisors commonly overlook opportunities, how missed elections may still be salvaged, and why funding decisions inside trusts and estates can create unexpected capital gains. Along the way, he highlights strategies that help CPA financial planners deliver more thoughtful and tax-efficient advice to families across generations.  Questions Answered How does portability work, and when can missed portability elections still be recovered?  When should advisors favor portability versus bypass trusts and GST planning?  What is the Kenan doctrine, and why can funding a trust with appreciated assets trigger capital gains?  How does a Section 645 election change the taxation of trusts during administration? Equal inheritances are not always equal when embedded capital gains and basis differences are considered. Resources: The Adviser's Guide to Financial & Estate Planning - Vol 4 Generation Skipping Transfer Tax Chart Estate Planning & Portability Volatile Markets, Smart Estates: Keebler's Top Tax Plays This episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy, and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search "AICPA Personal Financial Planning" on your favorite podcast app.

Will AI really automate most accounting work by 2040? Blake and David unpack what they heard at AICPA Engage, from deterministic AI agents and rising accounting enrollment to private equity's growing influence on firms. Plus, Blake shares an exclusive interview with FICPA CEO Shelly Weir on Florida's fight to protect CPA licensure. Listen to understand where the profession is heading—and what accountants may need to do next.SponsorsDigits - http://accountingpodcast.promo/digitsOnPay - http://accountingpodcast.promo/onpaySavant Labs - http://accountingpodcast.promo/savantR.E. Cost Seg - http://accountingpodcast.promo/recostsegChapters(00:00) - Cash Stolen In Bay Ridge (00:27) - Podcast Welcome Back (02:58) - Engage Conference Takeaways (03:58) - Hidden Vibe Coding (07:50) - Rise 2040 Automation Report (10:47) - Human In The Lead Debate (15:09) - Top Firm Concerns 2026 (18:29) - OpenAI Finance Team Lean (21:52) - Enrollment Up And CPA Pathways (25:19) - 7000 Cash Theft Revisited (26:52) - KPMG Whistleblower Scandal (28:33) - Crowe Gets 3B PE Deal (30:07) - Red Lobster AI Conspiracy (31:30) - PE Cross Selling Risks (33:39) - CPA Trust Campaign Launch (36:17) - Florida Licensure Threat (37:14) - Why Shelly Stayed Quiet (39:13) - What The Bill Proposed (43:28) - Why Deregulation Happened (45:46) - How FICPA Stopped It (48:46) - Mobility And Modernization (01:00:04) - CPE And Future Battles (01:03:59) - Wrap Up And Next Steps  Show NotesMan Accused of Stealing $7K from Accounting Firm in Brooklynhttps://pix11.com/news/local-news/brooklyn/man-accused-of-stealing-7k-from-accounting-firm-in-brooklyn-nypd/AICPA and CIMA Launch Rise2040: Shaping the Future of Finance and Accountinghttps://www.aicpa-cima.com/news/article/aicpa-and-cima-launch-rise2040-shaping-the-future-of-finance-and-accountingThe AICPA Asks: Are You Ready for Accounting in 2040?https://www.accountingtoday.com/news/the-aicpa-asks-are-you-ready-for-accounting-in-2040OpenAI CFO Sarah Friar Offers a Look Inside the Company's Finance Functionhttps://www.cfo.com/news/openai-cfo-sarah-friar-offers-a-look-inside-the-companys-finance-function/822545/Accounting Undergrad Enrollment Up 9%https://www.accountingtoday.com/news/accounting-undergrad-enrollment-up-93 More States Pass CPA Pathways Legislationhttps://www.cfodive.com/news/3-more-states-pass-cpa-pathways-bills-accounting/821649/A Master's Degree Isn't the Job Guarantee It Used to Behttps://www.wsj.com/articles/a-masters-degree-isnt-the-job-guarantee-it-used-to-beKPMG Secretly and Repeatedly Accessed a Whistleblower's Computer, Then Shared the Files with Its CEOhttps://thenextweb.com/news/kpmg-accessed-whistleblower-computerCrowe Gets PE Investment from KKRhttps://www.accountingtoday.com/news/crowe-gets-pe-investment-from-kkr57% Say PE Threatens the CPA Brand. But They'll Take the Money.https://cpatrendlines.com/2026/06/09/cpa-pe-deal-tracker-57-say-pe-threatens-the-cpa-brand-but-theyll-take-the-money/Red Lobster's CEO Says He's Going to Transform the Chain into 'The Most AI-Forward Restaurant Company That Exists'https://finance.yahoo.com/sectors/technology/articles/red-lobsters-ceo-says-hes-153500558.htmlStephano Slack Scores PE Fundinghttps://www.accountingtoday.com/news/stephano-slack-scores-pe-fundingNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks 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.SponsorshipsAre you interested in sponsoring The Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifieds REFRAME 2026 - http://accountingpodcast.promo/reframe2026Flowglad -

Recorded live at AICPA ENGAGE 2026, this episode of the JofA podcast explores the reasons that mindset and leadership may be even more important than technology adoption as finance and accounting professionals navigate an era of nonstop transformation. Joel Morris, a vice president at Wolters Kluwer, and Tom Hood, CPA/CITP, CGMA, executive vice president–Business Growth & Engagement at the AICPA, discuss what separates future-ready organizations from those struggling to keep pace, focuses on AI, workforce development, and strategic thinking. Morris and Hood also explore the human skills, trust, and risk management practices needed to help organizations adapt, innovate, and remain relevant in a rapidly changing profession. One key component mentioned in the conversation is the Rise2040 report and initiative. What you'll learn from this episode: How each speaker defines the "perpetual transformation state." Why Hood says mindset—not technology—may be the biggest factor in future readiness. How Morris distinguishes organizations who are getting "ahead of the wave" from those that say they're too busy to devote time to thinking about growth methodologies. What Morris and Hood see as the biggest barriers to successful AI adoption. The reasons that human skills are becoming more important, not less, in an AI-powered profession. How trust can help accountants and finance professionals navigate ongoing transformation and why Morris calls trust "that through-line into everything that you do."

Recorded live at AICPA ENGAGE 2026, this episode of the JofA podcast explores the reasons that mindset and leadership may be even more important than technology adoption as finance and accounting professionals navigate an era of nonstop transformation. Joel Morris, a vice president at Wolters Kluwer, and Tom Hood, CPA/CITP, CGMA, executive vice president–Business Growth & Engagement at the AICPA, discuss what separates future-ready organizations from those struggling to keep pace, focuses on AI, workforce development, and strategic thinking. Morris and Hood also explore the human skills, trust, and risk management practices needed to help organizations adapt, innovate, and remain relevant in a rapidly changing profession. One key component mentioned in the conversation is the Rise2040 report and initiative. What you'll learn from this episode: How each speaker defines the "perpetual transformation state." Why Hood says mindset—not technology—may be the biggest factor in future readiness. How Morris distinguishes organizations who are getting "ahead of the wave" from those that say they're too busy to devote time to thinking about growth methodologies. What Morris and Hood see as the biggest barriers to successful AI adoption. The reasons that human skills are becoming more important, not less, in an AI-powered profession. How trust can help accountants and finance professionals navigate ongoing transformation and why Morris calls trust "that through-line into everything that you do."

In this podcast episode, FM editor-in-chief Oliver Rowe summarises the content in the June edition of the magazine. Rowe details an article on using artificial intelligence tools to bolster presentations and introduces a new, recurring column on global advocacy. He also highlights several other articles in the edition. FM's June edition is now available (member login required). Also, access the library of past editions. What you'll learn from this episode: Highlights of an article about what AI tools can do to improve business presentations. Details of a new, recurring column on global advocacy, which for this edition includes a focus on advocacy's role in building and sustaining public trust. The key points of an article about the AICPA and CIMA's Rise2040 initiative. Rowe's summary of an article offering advice — for women in particular — on being a strong self-advocate and one on building an anti-fraud culture.

Take a look at what the accountant and the accounting firm of the future will look like as AICPA president and CEO Mark Koziel shares details of the new Rise2040 report. Next week's is the one with Wayne Berson that we just recorded.

Terrell Turner sits down with Lisa Simpson of the AICPA, who leads the organization's Transforming Your Business Model initiative, live from Bridging the Gap 2025 on Episode 272 of The Unique CPA. Lisa makes a compelling case that the old model, with its long, billable hours where firms carry too many of the wrong clients, is not only unsustainable, but actively unnecessary. Firms that have right-sized their client base are almost universally earning more the following year, not less, because they can finally deliver the kind of advisory value clients will actually pay for. She traces how the pandemic's visible toll on practitioners sparked a broader reckoning inside the AICPA, and how that translated into concrete tools, peer stories, and low-cost resources now available to firms of every size. Lisa also touches on the cultural inertia that slows change down, and why technology is making that resistance increasingly hard to justify. Get the full show notes and more resources at TheUniqueCPA.com

Recorded at ENGAGE in Las Vegas, this episode of the JofA podcast features Carl Mayes, CPA, the AICPA's vice president–Ethics & Firm Quality, discussing the Profession Ready Initiative and the evolving skills employers expect from current and aspiring CPAs.  Mayes shares insights from discussions with more than 1,000 members, including concerns about foundational accounting skills, communication abilities, and maintaining professional skepticism in an AI-driven environment.  Mayes, who was also on the podcast in February, reflects in this episode on the profession's responsibility to prepare the next generation of CPAs and the energizing role events such as ENGAGE play in shaping new ideas across the profession. One other resource related to the conversation: the monthly A&A Focus series. What you'll learn from this episode: An early-career lesson for Mayes that underscored CPAs serving as "gatekeepers for the capital markets." What early stages of the Profession Ready Initiative have unearthed after conversations with more than 1,000 accounting professionals. Why communication skills, critical thinking, and skepticism are becoming more important in the age of AI. Why Mayes said, "Active listeners make better leaders." How employers and educators are working to close competency gaps for CPAs. What ENGAGE means to accounting professionals looking for new ideas, stronger connections, and practical innovation.

Irena Teneva, an associate technical director at the Association of International Certified Professional Accountants, joins the FM podcast to share insights gathered from a new AICPA and CIMA report, Future Ready Finance: Productivity at the Human-Technology Crossroads. Teneva illustrates the types of tasks experiencing clear efficiency gains from artificial intelligence (AI) adoption, where finance leaders are more cautious about implementation, and steps those leaders are taking to expand how tools can be used. Teneva also highlights why productivity still hinges on finance talent, priority areas for skills development, and how finance leaders are collaborating across business functions. What you'll learn from this episode: Process and people priorities for finance leaders in 2026. Where AI implementation is leading to time savings for companies. Some steps leaders are taking to optimise and expand AI use. Why productivity is still a "people game". How finance leaders are approaching cross-business collaboration. Three key steps to improving efficiency, according to leaders.

See what the team at The Successful Bookkeeper has on right now → AI is moving fast, and the bookkeeping profession is squarely in its path — but not in the way most people fear. In this episode, Michael Palmer sits down with AI strategist and educator Benjamin Tasker to talk about what the shift actually looks like on the ground, which skills will separate bookkeepers who thrive from those who stall, and how to start building your own AI system without a data science degree. Chapters [00:00] Welcome and Ben's Background [03:15] From Data Science to AI Education [08:00] AI's Real Impact on Bookkeeping [12:00] Human Judgment as the Key Check [15:30] Skills That Separate Thriving Bookkeepers [21:00] Data, Systems, and AI Strategy [25:00] Opportunities to Move Up the Value Chain [29:00] First Steps for Integrating AI [32:00] Client Expectations and Transparency [35:00] Fear, Mindset, and Where to Find Ben AI Will Elevate Bookkeeping, Not Replace It Ben is direct about the headline fear: bookkeepers are not going away. "AI will help elevate what a bookkeeper does," he says. The repetitive work — transaction coding, receipt capture, anomaly detection, drafting reports — gets absorbed by AI, which frees up the bookkeeper to move from data entry to data judgment. Think less time in the books and more time coaching clients on their financial pain points. AICPA and Intuit both point in the same direction: the future of the role looks a lot more like analytics and advisory than data input. The Two Skill Lanes Every Bookkeeper Should Know Ben references the World Economic Forum's skills taxonomy, which divides skills into two tracks. AI skills — analytical thinking, systems thinking, coding — pay a premium today, but AI will eventually encroach on those. Human skills — communication, empathy, leadership — are undervalued right now but will command a premium as AI can only mimic, never genuinely replace, them. "AI can put on a facade of empathy and compassion, but it really can't have it because it's robotic." For bookkeepers, the practical focus areas are AI supervision (checking outputs rigorously), advisory thinking, digital and data fluency, and transparent client communication. The Human in the Loop Is Not Optional Ben's background in healthcare data — building algorithms to predict sepsis risk from bedside monitors — gives him a sharp view on why human validation matters. A small data error that goes unchecked can cascade into a much larger problem. "A mistake, especially for a small business owner, could cost tens of thousands of dollars." Bookkeepers already understand this: the work is either right or it isn't. That precision mindset is exactly what responsible AI use demands, and it is a genuine competitive advantage for practitioners who carry it into their AI workflows. Data Is the Oil — Build a System, Not Just a Stack of Tools One of Ben's clearest points: buying an AI tool is not an AI strategy. The framework he outlines is straightforward — start with your data (client records, call transcripts, templates, Google Sheets), run it through a system you build and control, apply AI to it, then validate and iterate. "Just because you buy an AI tool doesn't mean you have an AI strategy or even an AI business." He encourages bookkeepers to build their own processing systems rather than relying entirely on third-party integrations that can change without warning. Start small — something as simple as having AI draft follow-up emails from call transcripts is a low-risk, high-value first step. Practical First Steps and Client Communication For bookkeepers ready to start, Ben's advice is to pick a low-stakes problem, solve it, and let that build confidence. Use AI to profile prospective clients from call transcripts, automate follow-up reminders, or create a client-facing dashboard from existing data. On the client side, transparency is non-negotiable: communicate that you are using AI, explain how it benefits them, and teach them how to give better inputs so they get better outputs. "By providing inputs and encouraging your customers to use AI to show them the benefits of it, they're going to become less resistant over time." That kind of teaching deepens the client relationship well beyond what traditional bookkeeping alone can offer. Links Mentioned Ben Tasker AI: bentaskerai.com Ben Tasker on LinkedIn World Economic Forum Skills Taxonomy (AI skills and human skills tracks) The Successful Bookkeeper Pure Bookkeeping About the Guest Benjamin Tasker is an AI strategist, educator, and speaker with over 10 years of experience in data science and artificial intelligence. His background spans healthcare predictive analytics, higher education, and enterprise AI strategy. Today he helps entrepreneurs and large organizations build the skills and systems they need to navigate the AI revolution. You can find his prompting frameworks, podcast appearances, and upcoming events at bentaskerai.com. About the hostMichael PalmerMichael Palmer is the host of The Successful Bookkeeper podcast and co-founder of Pure Bookkeeping and The Successful Bookkeeper. He started this work because of his father — a brilliant electrical contractor who worked twice as hard as he should have had to, because nobody on the financial side was in his corner. That gap is what The Successful Bookkeeper exists to close. His view: bookkeepers are the most undervalued force in small business — and every bookkeeper who builds a real business changes two families: theirs, and their clients'.

During the June 8 #AICPATownHall, broadcast live from ENGAGE, CPA.com's Erik Asgeirsson joined AICPA's Mark Koziel, Susan Coffey, Lisa Simpson, and newly appointed AICPA Chair Jan Lewis to discuss the latest trends, challenges, and opportunities shaping the future of accounting. The conversation explored key developments impacting firms and the profession, along with insights from accounting leadership on what lies ahead.

What does the future of the CPA profession look like as advisory, financial planning, and AI reshape client expectations? In this episode of the AICPA Personal Financial Planning Podcast, Cary Sinnett sits down with Sue Coffey, CEO of Public Accounting at the American Institute of Certified Public Accountants, to discuss the profession's transformation from compliance-focused work to holistic trusted advisory. Sue shares why trust has become one of the profession's greatest competitive advantages, how technology and complexity are accelerating change, and why CPA financial planners are uniquely positioned to lead multigenerational client relationships. The conversation also explores how education, credentialing, AI, and evolving firm models are shaping the next generation of CPA advisors. Whether you are building an advisory practice, expanding into financial planning, or thinking about the future direction of the profession, this episode provides an inside look at where the CPA profession is headed and why the opportunity for planners has never been greater. Questions Answered Why is the CPA profession shifting from compliance toward advisory services?  What makes CPA financial planners uniquely valuable to clients and families?  How are AI and technology changing the future of CPA advisory work?  What separates firms that successfully transition into advisory services?  Why did financial planning become part of the CPA exam evolution? How can firms prepare for the future of trusted advisory relationships?  Key Takeaways Trust remains one of the CPA profession's greatest differentiators in an increasingly complex world.  Financial planning is becoming more integrated into the CPA identity and educational pipeline.  AI is expected to enhance CPA capabilities rather than replace advisors.  Successful advisory firms combine technical expertise, relationships, governance, and talent development.  CPA financial planners are well-positioned to serve as the "quarterback" coordinating broader client advice teams. AICPA Resources: Pathways to Practicing Personal Financial Planning Rise2040: Co-creating our profession's future National Accounting Day: What Trust Looks Like in Action Celebrating CPAs This episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy, and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search "AICPA Personal Financial Planning" on your favorite podcast app.

Lisa Simpson, CPA, CGMA, vice president–Firm Services at the AICPA, discusses the evolution of AICPA Town Hall, key takeaways from Town Hall's six years of programming, and how practitioners can navigate rapid change driven by AI. She shares insights on managing "a sense of overwhelm" related to AI and highlights resources that can help firms adapt, including the AICPA and CIMA AI resource hub.  The episode also includes a segment on the latest Economic Outlook Survey results and what they signal about business sentiment, inflation, and hiring. Other resources related to the topics: The CPA.com AI resource page, which includes a vendor evaluation framework. The Town Hall landing page, which includes a registration button. The full Economic Outlook Survey results for the second quarter. What you'll learn from this episode: Lisa Simpson's recap of topics at the recent PCPS Executive Committee meeting. How AICPA Town Hall has evolved to deliver news, analysis, and practice management insights. The common comment that Simpson jokingly says she gets about Town Hall. Why many CPAs feel a sense of overwhelm about AI and how to begin addressing it. Resources, including the AICPA AI hub and CPA.com tools, that can support firm decision-making. What recent Economic Outlook Survey results reveal about inflation concerns and hiring plans.

This episode is a fast-moving walkthrough of the cases and pitfalls that most often drive IRS attention. In a candid, practitioner-to-practitioner conversation, Dave, Natalya and Bruce break down what's changing, what's repeating, and what valuation pros can do now to reduce risk and improve defensibility. You'll hear what Pierce v. Commissioner suggests about when a DCF can stand alone, why tax affecting still needs to be done "the right way," and how weak support for DLOM (and increasingly DLOC) can undermine an otherwise solid conclusion. Actionable takeaway: tighten your work where challenges concentrate: discounts, tax affecting, projections, and documentation. And if you use AI for research or drafting, verify sources like your job depends on it—because it does.  Continue reading to learn about key resources available to improve your valuation analyses. Guests:    Natalya Abdrasilova, CPA/ABV, MAFF, Director of Valuation & Litigation Services, Boyle, Deveny & Meyer  Bruce C. Wood, CPA/ABV, Mtx, Director, Applied Economics Host: David J Consigli, CPA/ABV, CDFA, Partner, SAX Advisory Group Thanks for listening. It takes just a couple of minutes to share your feedback. You can also contact us directly at podcast@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you're using a podcast app that does not hyperlink to the resources, please visit our podcast platform to access the show notes with direct links.  2026 Forensic and Valuation Services Conference - Beyond the technical sessions, conferences can offer something just as important—the opportunity to connect with peers, share experiences, and hear how others are approaching similar challenges in their work.  Early bird savings through Sept 20 plus additional savings for AICPA members and ABV/CFF/CVFI holders JOIN:  The FVS Engage365 Member Community to collaborate with fellow AICPA® members, exchange ideas, and shape the future of the profession together. EARLY CAREER GUIDANCE:  Welcome to a career in forensic and valuation services Click here to join the AICPA FVS Section An active community of FVS peers. You will get 16 credits of complimentary CPE and access to exclusivetechnical content FVS Valuation Podcast archives - Check out what we have to offer Making a Case for Using the Market Approach for Determining Fair Market Value Insights for Navigating Common Issues in Business Valuation - 2025 update Grabowski's Take - Discount Rates, Risk, and the Future of Valuation LEARN MORE ABOUT THE FOLLOWING AICPA CREDENTIALS: Accredited in Business Valuation (ABV®) – Visit the home page and check out the ABV infographic Certified in the Valuation of Financial Instruments (CVFI®) – Visit the home page and check out the CVFI infographic Certified in Financial Forensics (CFF®) - Visit the home page and check out the CFF infographic This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at podcast@aicpa-cima.com      

What if the biggest barrier to client action is not the quality of the financial plan, but the lack of purpose behind it? In this episode, Cary Sinnett sits down with Andrea Millar to explore how life planning helps financial planners move beyond technical recommendations and uncover what truly matters most to clients. Andrea shares how deeper conversations around purpose, relationships, fulfillment, and meaning can lead to stronger engagement, clearer decision-making, and more intentional financial behavior. Together, Cary and Andrea discuss how CPA financial planners can integrate life planning concepts into existing client relationships without abandoning technical precision. Questions Answered Why do some clients fail to follow through on financial advice?  How can planners uncover what truly matters most to clients?  Why do "soft skills" often improve technical planning outcomes?  How can advisors begin incorporating life planning concepts into their existing process?  Key Takeaways Clients are more likely to act on recommendations when financial advice connects to personal meaning and purpose.  Technical expertise becomes more powerful when paired with deeper discovery conversations.  Human-centered guidance may become even more valuable as AI advances in technical planning. Resources: The why, what, and how behind legacy planning for your clients Kinder Institute of Life Planning Financial Gratitude: The Behavioral Advantage Every CPA Planner Should Leverage Guide to Practical Retirement Planning This episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy, and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search "AICPA Personal Financial Planning" on your favorite podcast app.

This episode explores the structure of the AICPA attestation standards and how a recent Auditing Standards Board (ASB) proposal may change them. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources:Proposed attestation changes: What CPAs should knowAccounting and auditing articles and eventsJoin the Accounting & Auditing Standards Interest Group

In this episode of the Tax Section Odyssey podcast, host April Walker talks with Jennifer Dymond, founder and CEO of Spire Consulting Services, about how improv techniques can help tax practitioners build stronger client communication and greater advisory confidence. Their conversation explores how skills like active listening, curiosity, flexibility and staying present can help practitioners move beyond scripted compliance conversations and into more effective, collaborative advisory discussions.    Questions answered in this episode: What does improv actually mean in a professional setting? Why do tax practitioners often feel comfortable with compliance work but less confident in advisory conversations? How can the "yes, and" mindset improve listening, responsiveness, and client relationships? What should you do when a client seems disengaged, resistant, or not ready to collaborate? What practical questions or exercises can tax practitioners use to build stronger advisory communication skills? AICPA resources There is still time to register for the ENGAGE conference, coming up June 8 -11 in Las Vegas, NV. Dymond's referenced session is on Tuesday, June 9 at 4:10pm PT.   Reimagining your tax practice – Register for roundtables and watch prior recordings Focused CPE for Tax Section members Keep your finger on the pulse of the dynamic and evolving tax landscape with insights from tax thought leaders in the AICPA Tax Section. The Tax Section Odyssey podcast includes a digest of tax developments, trending issues and practice management tips that you need to be aware of to elevate your professional development and your firm practices. This resource is part of the robust tax resource library available from the AICPA Tax Section. The Tax Section is your go-to home base for staying up to date on the latest tax developments and providing the edge you need for upskilling your professional development. If you're not already a member, consider joining this prestigious community of your tax peers. You'll get free CPE, access to rich technical content such as our Annual Tax Compliance Kit, a weekly member newsletter and a digital subscription to The Tax Adviser.

James Cox, an AICPA vice president, explains why efforts to weaken professional licensure are gaining traction in state legislatures. He discusses the role of the Alliance for Responsible Professional Licensing (ARPL) and the risks that deregulation could pose to CPAs and the public. The episode also highlights how organizations and professionals can stay informed and engaged as debates about professional licensing evolve. What you'll learn from this episode: Why Cox says that "attacks" on CPA licensure have expanded to new fronts in recent years. How state budget pressures and political trends are fueling deregulation efforts. How weakening licensing standards could reduce trust in financial reporting and other services. What polling shows about public and business support for professional licensure. Cox's recommendations to CPAs to stay vigilant and work with state societies.

Today is National Accounting Day. To mark the occasion, Sue Coffey, CPA, CGMA, the AICPA's CEO–Public Accounting, joined the podcast for a special edition to discuss celebrating the day and maximizing the profession's broader impact. She explains how the CPA Trust campaign aims to highlight the value CPAs bring to businesses, individuals, and communities. Coffey shares examples of trust in action, from financial reporting to tax planning and advisory support. Coffey also details what practitioners can expect from ENGAGE in June. What you'll learn from this episode: The significance of National Accounting Day to Coffey. A preview of the AICPA's CPA Trust campaign. Real-world examples of how trust in action is demonstrated by CPAs with clients and communities. Why CPAs are encouraged to share their impact publicly through social media. What makes ENGAGE a key event for learning, networking, and industry insights.

Sometimes the biggest client wins start with a simple question. In this episode, Cary Sinnett and Jackie Cummings Koski share five fast, high-impact planning ideas that can instantly deepen client conversations and uncover bigger opportunities.  From forgotten 401(k)s and Roth-funded 529 strategies to overlooked HSA and charitable planning moves, these are the kinds of insights that make clients stop and say, "Wait… I didn't know that." If you want practical ideas you can use immediately to create value, strengthen relationships, and spark more meaningful planning engagements, this episode is for you. Questions answered: Can clients really use 529 plans for professional credentials and Roth IRA funding?  How can clients access retirement money before age 59½ without the 10% penalty?  Are advisors overlooking powerful HSA planning opportunities for families?  What charitable giving strategies work best for non-itemizers?  How do clients find forgotten 401(k)s and abandoned accounts? Resources: Retirement Savings Lost and Found Database National Association of State Treasurers Health Savings Accounts Beyond the Basics 529 plan expansion boosts education and CPA access Slott and Keebler on what to watch out for with SECURE 2.0 This episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy, and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search "AICPA Personal Financial Planning" on your favorite podcast app.

After deadline season, it's tempting to move on and forget what didn't work — but this is the best time to make changes while the lessons are still fresh.   In this episode, April Walker is joined by Nancy McClelland, owner of The Dancing Accountant, to discuss small, realistic practice changes that can dramatically reduce tax-season stress. From shifting annual tasks to year‑round workflows and setting clear client expectations to using technology that streamlines document collection and follow-up, Nancy shares practical strategies that help tax pros protect their time, teams and sanity — without overhauling everything at once.   Questions answered in this episode:  What's one practical change you can make right now that will noticeably improve next tax season? How can shifting "annual" work to monthly or year‑round workflows reduce deadline-season pressure? What are effective ways to set client expectations and boundaries — without damaging the relationship? How can technology reduce document-chaos, missing information and the constant chase for "one last form"? How do you define (and refine) your ideal client profile so you're working with clients you actually enjoy? AICPA resources ENGAGE 2026 conference session: How to Align Your Bookkeeper and Tax Accountant for Financial Success Optimizing your tax practice Reimagining your tax practice Tax Communities on Engage365 Other resources   She Counts   Ask a CPA - Nancy's YouTube channel   Keep your finger on the pulse of the dynamic and evolving tax landscape with insights from tax thought leaders in the AICPA Tax Section. The Tax Section Odyssey podcast includes a digest of tax developments, trending issues and practice management tips that you need to be aware of to elevate your professional development and your firm practices. This resource is part of the robust tax resource library available from the AICPA Tax Section. The Tax Section is your go-to home base for staying up to date on the latest tax developments and providing the edge you need for upskilling your professional development. If you're not already a member, consider joining this prestigious community of your tax peers. You'll get free CPE, access to rich technical content such as our Annual Tax Compliance Kit, a weekly member newsletter and a digital subscription to The Tax Adviser.

Halie Creps, CPA, chair of the AICPA Auditing Standards Board, joined the JofA podcast to  discuss the ASB's refreshed 2026–2030 strategic plan and its focus on responsiveness, collaboration, and technology. She also explained why taking part in AICPA committees and boards is important to her and mentioned the link that members can visit to explore volunteer opportunities.  Creps highlighted current projects, including proposed updates to attestation standards, sustainability assurance, confirmations, and fraud. She also explained how practitioner feedback and international standard‑setting influence the board's work. What you'll learn from this episode: Why Creps said that serving on the Auditing Standards Board helps make her a better auditor. A mention of the numerous types of volunteer opportunities for members. How the ASB's 2026–2030 strategic plan reflects stakeholder feedback. What proposed changes to attestation standards could mean for practitioners. How sustainability assurance fits into the ASB's broader standards framework. The status of and comment deadlines for exposure drafts on confirmations and fraud. How technology and global collaboration are shaping future audit standards.

On this episode of the Woodard Report podcast, Joe speaks with Kacee Johnson about how artificial intelligence is reshaping the accounting profession far beyond simple efficiency gains. They discuss the difference between firms that are reacting to AI with quick-fix tools versus those strategically rethinking their entire operating model, including pricing, staffing, advisory services, and client expectations. Kacee also shares insights on AI hype versus reality, the future of advisory-focused firms, and the mission behind the new AI Native Accounting Foundation to help firms navigate AI adoption responsibly and effectively. About Kacee Johnson Kacee is a fintech innovation leader who lives at the intersection of emerging tech and practical transformation. She has been honored as CPA Practice Advisor's Top 25 Thought Leaders, Accounting Today's Top 100 Most Influential, AICPA's Most Powerful Women, and is a Certified Corporate Director from NACD. As an independent nonprofit, the AI Native Accounting Foundation equips firms and finance teams to adopt AI with confidence through education, research, and recognition thereby moving the profession past hype and into practice. Learn more about the AI Native Accounting Foundation Connect with Kacee Johnson on LinkedIn Thank you to our show sponsor, Digits! Digits is the world's first agentic general ledger. It is accounting software that works for you. Built from the ground up for the AI era, Digits automates bookkeeping in month end, shifting your team from data entry to review and advisory. Visit Digits.com to get started today. Learn more about the show and our sponsors at Woodard.com/podcast

Brad McMillan, chief economist for Commonwealth Financial Network, says that there's "an enormous feel-bad headline economy," but the underlying fundamentals are solid enough to keep earnings growing, which will make it that the market does well, or at least avoids a protracted, deep downturn. McMillan worries that when the supply-chain breaks for food, for holiday shopping and more several months from now that it could trigger a recession, but he says that, for now, the numbers that normally signal that a grizzly bear market — a combination of a recession and a crashing market — aren't lined up to happen yet. Mark Newton, global head of technical strategy at Fundstrat Global Advisors, also is staying out of the recession camp, but he does "suspect that we can't just go to the moon right away," and thinks the market could be in for a 5% haircut this month. Newton says that earnings and the economy have been better than expected, which is why he is telling people to "put on the blindfold and put on earphones" to concentrate on strong technical trends and economic data that remain in good shape. Cary Sinnett, senior manager of financial planning at AICPA, discusses the group's survey which showed that while nearly 80% of Americans report having money set aside to cover living expenses and emergencies, the depth of those savings varies dramatically by age and gender, and the even among the savers less than one in five has enough on hand to cover more than a year's costs.

Cary Sinnett sits down with Jackie Koski to challenge a core assumption in financial planning: strategy isn't the starting point—literacy is. They explore how foundational knowledge shapes better decisions, why behavior often overrides logic, and how financial professionals can expand their impact beyond client engagements. Questions Answered How does financial literacy change a client's path to financial independence?  Why do money beliefs derail sound financial decisions?  How can advisors scale their impact beyond their client base?  Key Themes Literacy as the foundation for better planning outcomes  Behavior, beliefs, and decision-making gaps  Rethinking FIRE for real-world clients  The late starter journey: from shame to action  Expanding your role from advisor to educator  Why It Matters Better-informed clients make better decisions—and better clients. Your knowledge doesn't need to stop at your client list. AICPA Resources: Financial Literacy resources  Financial Literacy Month Spotlight CPAs role in Financial Literacy PFP Champion Program This episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy, and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search "AICPA Personal Financial Planning" on your favorite podcast app.

In this episode of the Tax Section Odyssey podcast, host April Walker is joined by Michael Waalkes of Kostelanetz LLP to discuss Kwong v. United States and why it has become a practical, time-sensitive issue for CPA firms after filing season. The episode discusses the facts of the case and what it held at a high level, why Sec. 7508A's COVID disaster relief period (through July 10, 2023) is driving renewed attention, and how the reasoning may affect deadlines, refund-suit timing, and potential interest/penalty arguments for certain clients. The conversation focuses on what firms are doing right now — client communications, internal triage, documentation, and risk management — along with how to think about tools like client alerts and protective claims while the law and potential IRS guidance continue to develop.   Questions answered in this episode: What did Kwong v. United States actually hold, and why did it is a "post–April 15" priority for firms? How does Sec. 7508A's COVID disaster relief period (through July 10, 2023) affect statutes of limitation and other key deadlines? Which clients and fact patterns should firms' triage that might be affected by this ruling? What's the practical risk-management approach when the law is still unsettled? What is a "protective claim," and when might it make sense (or not) in the context of Kwong and potential interest/penalty arguments? AICPA resources AICPA IRS Practice & Procedures resource center Disaster Tax Relief Procedures and Processes   Other resources National Taxpayer Advocate Blog: Tens of Millions of Taxpayers May be Eligible for Significant Tax Refunds - If they act by July 10 KWONG v. USA court decision   Keep your finger on the pulse of the dynamic and evolving tax landscape with insights from tax thought leaders in the AICPA Tax Section. The Tax Section Odyssey podcast includes a digest of tax developments, trending issues and practice management tips that you need to be aware of to elevate your professional development and your firm practices. This resource is part of the robust tax resource library available from the AICPA Tax Section. The Tax Section is your go-to home base for staying up to date on the latest tax developments and providing the edge you need for upskilling your professional development. If you're not already a member, consider joining this prestigious community of your tax peers. You'll get free CPE, access to rich technical content such as our Annual Tax Compliance Kit, a weekly member newsletter and a digital subscription to The Tax Adviser.

System and Organization Controls (SOC) reports are examinations performed by CPAs in accordance with the AICPA's Statements on Standards for Attestation Engagements to evaluate the controls over customer data that service organizations such as cloud providers or payroll processors have in place. SOC reports provide independent assurance to the service organization's customers, aka user entities, that those controls are suitably designed and operating effectively. The entrance of technology vendors into the realm of SOC reporting has created some efficiencies, but it also has led to promises of "fast and easy" SOC reports that have raised credibility concerns in the marketplace.  In this episode of the Journal of Accountancy podcast, Amy Pawlicki, the AICPA's vice president–Assurance & Advisory Innovation, discusses recent developments affecting SOC engagements. The conversation also highlights what CPAs, service organizations, and report users should watch for to protect trust in SOC reporting. Other resources mentioned in the episode include: A JofA article on ethics risks related to SOC tool providers. The AICPA's SOC landing page. Ethics Staff Insights: Business Arrangements With SOC Tool Providers. What you'll learn from this episode: What SOC reporting is — and why a SOC 2 report is not a certification. How a technology trend is threatening SOC credibility. The ethical risks related to SOC reporting tool vendors. The peer review and the AICPA Code of Professional Conduct requirements for CPAs performing SOC work. Where to find AICPA resources for firms, service organizations, and users.

During this week's AICPA Town Hall, hosted by CPA.com's Michael Cerami, we explored the evolving audit transformation landscape and how firms can accelerate their audit journeys with CPA.com's Emily Remington and Schneider Downs & Co., Inc.'s Jeanne Barrett. The episode also featured post–tax season planning opportunities, with insights from AICPA's Cary Sinnett and Kidd Advisors' Matt Kidd. Plus, the latest technical updates from DC.

Starting a CPA firm can be both exciting and daunting, with financial, operational, and personal risks along the way. In this Journal of Accountancy podcast episode, Michael Meihaus, CPA, founder of Meihaus CPA, shares what he learned after launching his practice. Alvin Fennell, vice president and senior risk adviser at Aon, adds a risk-management perspective on what new firm owners must plan for from day one.  Together, they discuss practical steps, common blind spots, and how CPAs can balance growth with protection. They reference an e-book created jointly by Aon and the AICPA. The e-book's first chapter is unlocked, and readers can access subsequent chapters by supplying their email address. What you'll learn from this episode: The market opportunity that was one factor in a CPA deciding to launch a firm. What Meihaus meant when he said "your strengths and weaknesses are enhanced" as a firm owner. Some of the many business questions new firm owners should answer early. Why starting a firm can, according to Fennell, put CPAs in "a vulnerable spot." Risk-management considerations, including billing practices, engagement letters, and insurance coverage.

What if uncertainty isn't the problem — it's that you haven't learned to tell the difference between what can change and what can't change? In this episode, Daniel Burrus, one of the world's leading futurists and a New York Times bestselling author of seven books, shares the framework he has used for four decades to predict technological change with remarkable accuracy. From describing Netflix in 1993 to advising the Department of Defense and Fortune 500 companies on AI strategy, Daniel has built a reputation as someone who doesn't just see what's coming; he teaches others how to see it too. As CEO of Burrus Research and creator of the Anticipatory Organization model, Daniel's work has one core goal: help people find certainty in an uncertain world so they can make bold moves, presolve problems, and shape their own destiny. And in an age where AI is reshaping every industry, that ability has never been more valuable.   [00:04:40] What He Does and Who He Serves Runs Burrus Research, a firm monitoring global innovations across AI, robotics, genetics, fiber optics, and more Has been doing this work for four decades, starting out as a biology and physics teacher Serves Fortune 500 companies, the Department of Defense, and entrepreneurs worldwide Works as a translator: takes complex technology trends and makes them actionable for anyone [00:05:20] The Science of Certainty Uncertainty causes hesitation; certainty drives bold moves and big decisions Accurately predicted Netflix, Amazon, and smartphones in his 1993 book Techno Trends Has authored seven books including New York Times bestseller Flash Foresight and Amazon number one bestseller The Anticipatory Organization His goal is not just to share trends but to teach a repeatable process anyone can use [00:08:20] Hard Trends vs. Soft Trends All trends fall into two categories: hard trends based on future facts that cannot be changed, and soft trends based on assumptions that may or may not happen Hard trends let you see disruptions before they hit and presolve problems before they occur Soft trends are changeable; if you don't like one, you can influence it The litmus test: can this trend be stopped or changed? If not, it is a hard trend [00:13:40] The Three Categories of Hard Trends Technology is a hard trend category: wireless went from 3G to 4G to 5G and will keep accelerating Demographics is a hard trend category: 10,000 Americans turn 70 every single day and that is not reversing Government regulation around areas like cybersecurity is a hard trend category regardless of the current political climate Combining two hard trend categories, like demographics and technology, is how low-risk, high-reward innovations are born [00:15:00] Billion-Dollar Ideas Hidden in Hard Trends There is currently no easy-launch boat trailer designed for aging seniors, despite a massive and growing market of older boaters An exoskeleton designed for seniors could prevent the falls that lead to broken hips, one of the leading causes of death in older adults A small Bluetooth sensor attached to a shoe and linked to a hearing aid could warn seniors of steps, obstacles, and uneven surfaces All three ideas are grounded in demographic hard trends that are already certain [00:25:40] The Skip It Principle: Your Problem Is Not Your Problem Whatever you think your biggest problem is, that is not it; you are working the wrong problem Drill down by asking why two or three times until you find the real, solvable problem underneath A drug company CEO thought he needed 2,000 PhD researchers; the real problem was unsolved molecular challenges, solved by crowdsourcing solutions globally online The makers of Jaws couldn't make the shark look real, so they skipped that problem and showed the shark's perspective instead; the rest is cinema history [00:33:00] AI: Hard Trend, Not a Threat AI getting more powerful is a hard trend; it cannot be stopped or reversed AI gets you 80% of the way to any task fast, but the human 20% is where trust, relationships, creativity, and judgment live Letting AI do everything makes you obsolete; using it to eliminate busy work frees you to do higher-level, more meaningful work Think of AI as a magnifier, not a replacer [00:36:40] What AI Means for CPAs and Every Other Industry Has been contracted by the global accounting association AICPA to map out what 2040 looks like for the profession Tax preparation and auditing will be fully automated, but CPAs will not disappear; their role will shift to anticipatory problem solving and trusted advisory No industry will be decimated; every industry will be redefined and reinvented The mistake is waiting to be replaced; the opportunity is reinventing yourself now with a more consultative, forward-looking skill set [00:43:00] Shape Your Own Destiny Ask yourself what parts of your current work are repetitive and could be handled by AI Use hard trends to identify what your future role needs to look like, and start learning those things now Download his free 25 Tech Trends Report at www.25techtrendsreport.com Download his free AI Strategy Report, with top AI tools across categories and real company case studies, at www.aistrategyreport.com   KEY QUOTES "When you're uncertain, you hesitate. When you have high levels of certainty, you write the big check, you make the bold move." — Daniel Burrus "AI is not good at establishing trust. AI is not good at relationships. You gotta remember that this is a machine." — Daniel Burrus "There is more opportunity right now than any other time in history to not just change, but transform every business, product, service  and career." — Daniel Burrus CONNECT WITH DANIEL BURRUS

In this episode, Cary Sinnett sits down with Dr. Brianne Smith to explore how CPAs can turn tax work into fully integrated personal financial planning. Drawing on decades of experience leading both a CPA firm and an advisory practice, Brianne breaks down what really changes when you move beyond compliance and step into ongoing client relationships. They unpack the real barriers holding professionals back, how the PFS credential accelerates the shift, and why the future belongs to advisors who can connect tax and planning into one seamless client experience. Key answers you'll get: How can financial planning shift from an add-on to a core part of a CPA's value proposition? What is one of the pricing models that can reshape both client behavior and advisor relationships?  What practical first steps could a CPA take to integrate planning without disrupting their existing practice?  AICPA resources: Pathways to Practicing Personal Financial Planning Checklist: Building a PFP business Analysis of a Tax Return for Financial Planning Opportunities Guide to Investment Advisory Business Models This episode is brought to you by the  AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy, and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search "AICPA Personal Financial Planning" on your favorite podcast app.

In this episode, Laura Crowley, Partner at Citrin Cooperman and member of the AICPA's Women's Initiatives Executive Committee, and Mandy Gallagher, Lead Manager of Women's Initiatives at the AICPA, discuss what it really takes to build a firm where women advance and why every firm that does comes out stronger. Laura and Mandy share practical strategies on sponsorship, leadership development, and retention, drawing on real-world examples from across the accounting and finance profession. Walk away with concrete steps to build a more inclusive and competitive firm. To find out more about transforming your business model, explore our business model transformation resources at aicpa-cima.com/tybm. You'll also see a link there to all of our previous podcast episodes. Explore the Sponsorship Success Toolkit, which includes guidance on building an effective sponsorship program. Thanks for listening. It takes just a couple of minutes to share your feedback. You can also contact us directly at podcast@aicpa-cima.com This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments welcomed at podcast@aicpa-cima.com  

In this AICPA Town Hall, hear the latest updates impacting the profession from AICPA's CEO Mark Koziel, as well as the state of AI from Radical's Pascal Finette. AICPA's Lexi Weber is also joined by Warren Averett's Paul Perry for a discussion on the internal controls in a GenAI world. Plus, you'll get the latest DC and technical updates you rely on as we near the end of busy season. 

Small CPA firms play a critical role in the accounting profession, and new tools are helping them compete, innovate, and grow. In this episode of the JofA podcast, Stephanie Otero, CPA, the AICPA's vice president–Small Firm Advocate, discusses why small firms matter, how AI and automation are leveling the playing field, and where innovation thrives in smaller practices. She references real-world examples and previews the PCPS Small Firm Success Series, a free, CPE-eligible webcast series for AICPA members. The conversation also looks ahead to ENGAGE in Las Vegas and the ways AICPA resources and communities help small firm practitioners realize they do not have to go it alone. Related resources: Private Companies Practice Section firm membership. Resources for small firms. Transforming Your Business Model resources. April 20 PCPS Overview Session. Article on small firms' use of AI and automation. What you'll learn from this episode: The importance of small CPA firms to the profession and why Otero is passionate about advocating for such firms. How AI and automation can help small firms compete with larger organizations. Practical examples of practitioners using technology to build capacity. AICPA resources can help small firm leaders connect and grow.

This week, Ivy Slater, host of Her Success Story, chats with her guest, Paula M. Jones. The two talk about carving a niche in international estate law, building a client base through strategic networking and referrals, and breaking barriers for women leaders in the legal profession. In this episode, we discuss: How a "plain vanilla" estate case involving a longtime green card holder, a surprise $400,000 estate tax bill, and a postmortem QDOT opened Paula's eyes to the complexities of international estate law and revealed "these are my people", multinational clients like the family she grew up in. Paula describes the moment that cemented her five-year exit plan at her past law firm and her decision to start her own practice in 2015. Why building your own client base is the real job security in law, how Paula left with a strong book of business, and what it's been like to grow from solo to hiring full-time employees, moving beyond contract support. How Women Owned Law entered her story, first as a founding-era member who believed women needed real business support, and later, as she returned for help navigating the next stage of growth, she joined a CLE committee and began mentoring newer members. Paula describes one of her favorite tools for managing entrepreneurial fear. Paula M. Jones, founder of Jones Estate Group, has been practicing since 1999 and advising clients on all aspects of international estate law matters for high-net-worth individuals and business owners.  She started her own firm in 2015. Client matters include efficient planning in regard to U.S. estate and gift taxation, qualified domestic trusts, residency determinations, tax treaty applications, pre-immigration planning, expatriation tax planning, administration of estates of foreign individuals with U.S. property, foreign account and asset compliance issues, and migration of trusts. Paula is an adjunct professor at Western New England University School of Law, where she teaches International Estate Planning.  She serves on the STEP Cross-Border SIG Committee and has authored several articles in respected industry journals such as Trusts and Estates, AICPA's Tax Advisor, and the ABA's Practical Tax Lawyer. Website: https://jonesestategroup.com/ Social Media Links: https://www.linkedin.com/in/paula-m-jones-esq-b9b357113/    

This is a pivotal moment for CPA financial planners. In this episode, Leonard Wright joins Cary to break down why the convergence of tax, technology, and client expectations is accelerating the shift toward integrated financial planning. They explore how AI is reshaping compliance, why tax is the natural gateway to deeper planning conversations, and what the PFP movement means for firms of all sizes. Leonard also shares the work happening behind the scenes at the AICPA, from global fiduciary standards to the evolution of financial planning frameworks and offers a clear call to action for CPAs ready to expand their role and impact. Key Questions Answered: What are the best firms doing differently that others still haven't figured out? Why do so many clients say, "I wish my CPA would go further," and what does "further" actually look like? What actually changes when you move from giving answers to guiding decisions? If you started over today, how would you build financial planning into your practice from day one? AICPA Resources: Pathways to Practicing Personal Financial Planning Five tips for generating new service opportunities during busy season PFP Resources From Busy Season to Better Seasons: A CPA's Path to Planning with Deb Meyer This episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy, and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search "AICPA Personal Financial Planning" on your favorite podcast app.

If you're an established Brewery Owner, Operator, or Investor and find yourself asking either "How do we get profitable?" or "How profitable can we get?" you'll find exactly those answers in this session.With a wide range of different brewery types and sizes, true apples-to-apples comparisons are rare, and many owners end up flying blind, running the business with a finger to the wind. Instead, in this session we'll use our Brewery Benchmarks Model, built on data from our work with 285+ breweries across the country, to give clarity on the most important financial benchmarks brewery owners need to know.By the end of the session, you'll know how you compare to your peers, where your biggest profit opportunities are, and how to avoid the mistakes most common to your model. Our goal is to help eliminate the guesswork, so you can make confident decisions and run a profitable business, regardless of size, age, or market conditions.Chris Farmand got his start in 2010 helping a new brewery build its back-office systems, a firsthand look at how complex running a brewery can be. That experience led him to found Small Batch Standard. He's worked with more than 200 breweries, helping them uncover profit through outsourced accounting, tax compliance, and benchmark consulting. Chris holds a BS in Business Finance from the University of Florida and an MBA from the University of North Florida, and is an active member of both the AICPA and FICPA.Join us in person for CBP Connects ChicagoJune 15-17, 2026Come get inspired, leave with actionable strategies: https://cbpconnects.com/

Your client's kid just signed a D1 scholarship and an NIL deal. Now what? In this episode, Cary Sinnett sits down with Cameron Caprio, CPA/PFS and Founder of Venture Multi-Family Office, to unpack one of the fastest-growing planning challenges in the profession: helping young athletes (and their families) manage sudden, complex wealth before it slips through their fingers. The numbers are staggering. The NIL market is projected to top $2.5 billion in 2026. Yet 60% of former NBA players are reportedly broke within two years of retirement. The opportunity and the urgency couldn't be clearer. You'll hear Cameron and Cary dig into: What NIL actually is and why it's exploding The ideal advisory team for a rising athlete client How to build values-based plans that outlast the contract Why "self-limiting liquidity" might be the smartest move you make The behavioral risks that sink even the biggest payday Whether your client is an NIL athlete, a founder closing a liquidity event, or a spouse inheriting life-changing money, this episode is your playbook for sudden wealth done right. AICPA Resources: Article: The quarterback for client services Learning: Estate Planning Article: CPAs shape the future of financial planning Article: Don't Waste that Windfall! This episode is brought to you by the AICPA's Personal Financial Planning Section, the premier provider of information, tools, advocacy, and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program. Subscribe to the PFP Podcast channel at Libsyn to find all the latest episodes or search "AICPA Personal Financial Planning" on your favorite podcast app.