Podcasts about aicpa

Is AI the real threat to accounting firms, or is it the client experience? Blake and David unpack a KPMG-linked Polymarket insider-trading investigation, AI-powered fraud, Xero's influencer backlash, and a tax startup founder charged with defrauding investors. They also share their own experiments using Claude and ChatGPT to prepare tax returns, making the case that firms must eliminate frustrating back-and-forth if they want to keep clients.SponsorsCloud Accountant Staffing - http://accountingpodcast.promo/casOnPay - http://accountingpodcast.promo/onpayThomson Reuters - http://accountingpodcast.promo/taxautomationSavant Labs - http://accountingpodcast.promo/savantChapters(00:00) - Client Experience Threat (00:30) - Podcast Welcome Banter (02:05) - Week's News Rundown (04:17) - KPMG Polymarket Probe (11:46) - KPMG TaxSim Training (13:40) - KPMG OpenAI Headless UI (17:13) - Deepfake Defense Stakes (18:31) - Revolut Social Engineering (20:33) - Compliant CEO Fraud Case (25:31) - Xero Influencer Backlash (25:41) - Xero Claude Ad Backlash (28:57) - Apology and AI Framing (29:59) - DIY Taxes With AI (34:05) - Client Experience Problem (40:15) - IRS AI Fee Guidance (43:00) - PwC Leaves Downtown LA (44:48) - Wrap Up and CPE  Show NotesPolymarket Trader Won 41 of 42 Earnings Bets on Companies KPMG Auditshttps://www.financemagnates.com/forex/polymarket-trader-won-41-of-42-earnings-bets-on-companies-kpmg-audits/SEC Charges Startup Founder with Fraud (Shiloh Luckey / ComplYant)https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26424KPMG Is Testing a New AI-Powered Tax Simulation Toolhttps://goodfest.westfield.com/2026/05/kpmg-is-testing-a-new-ai-powered-tax-simulation-tool/KPMG working with OpenAI to advance new "headless" enterprise tech modelhttps://www.accountingtoday.com/news/kpmg-working-with-openai-to-advance-new-headless-enterprise-tech-modelKPMG LLP Takes Minority Stake in Deepfake Detection Leader Reality Defenderhttps://kpmg.com/us/en/media/news/kpmg-llp-takes-minority-stake-in-deepfake-detection-leader-reality-defender.htmlCybercriminals using AI for fraud are making far more profit, Interpol claimshttps://www.techradar.com/pro/security/cybercriminals-using-ai-for-fraud-are-making-4-5x-more-profit-interpol-saysRevolut confirms customer data breach after fake government requestshttps://fstech.co.uk/fst/Revolut_Confirms_Customer_Data_Breach_After_Fake_Government_Requests.phpXero issues new apology to accountants, days after controversial social media posthttps://www.smartcompany.com.au/?p=344586To our accountant and bookkeeper communityhttps://blog.xero.com/uk/accountants-bookkeepers/to-our-accountant-and-bookkeeper-community/AICPA seeks IRS clarity on AI guidelines, CPA feeshttps://www.thetaxadviser.com/news/2026/sep/aicpa-seeks-irs-clarity-on-ai-guidelines-cpa-fees/Downtown L.A. Fixture PwC Will Move to Century Cityhttps://www.cpapracticeadvisor.com/2026/07/08/downtown-l-a-fixture-pwc-will-move-to-century-city/186368/Need 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 Fearless Foundry - www.advisoryamplified.comExpense Bot - https://www.expensebot.ai/accountantProfitRoot - https://tryprofitroot.com/Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job post...

The future of personal financial planning depends in part on whether today's professionals help the next generation see what the career can become. In this episode of the PFP Podcast, Cary Sinnett talks with Dr. Brianne Smith about how firms can expose students and early-career professionals to the human side of financial planning and give them meaningful opportunities to grow into advisory roles. Drawing on her experience as both a practitioner and accounting professor, Brianne shares practical ideas for developing future financial planners, from bringing real client stories onto college campuses and creating PFP internships to inviting young professionals into client meetings before they feel fully "ready." What you'll learn: How real client stories can help students see financial planning as a meaningful career Why firms should consider creating dedicated PFP internship experiences How "graduated responsibility" can build confidence, from analysis to client meetings and recommendations Why pre- and post-meeting conversations can turn client exposure into professional development The importance of cultivating curiosity, problem-solving, communication, and the human side of advice As technology continues to reshape the profession, Brianne argues that the ability to troubleshoot, ask better questions, communicate effectively, and connect with clients will become even more valuable. Developing those capabilities starts by intentionally giving the next generation opportunities to observe, participate, and eventually lead. AICPA Resources: Resource: Pathways to Practicing Personal Financial Planning Archive: A story of tax to personal financial planning Podcast: Why the Future of Financial Planning Runs Through the CPA 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.

During the Sept. 3 AICPA Town Hall, Reality-Based Leadership's Alex Dorr shared his five-step framework for helping leaders navigate change, overcome resistance and move teams forward. AICPA's Lisa Simpson and Tom Hood also discussed the latest Future of Finance updates. The Town Hall also featured the latest DC and technical updates shaping the profession.

Overall, those who are pessimistic about the U.S. economy outnumber those who are optimistic this quarter. But, optimism rose slightly compared with the previous quarter, according to a quarterly survey of CPA decision-makers. In this episode of the JofA podcast, Ken Witt, CPA, CGMA, associate director–Management Accounting Research & Development for the AICPA and CIMA, breaks down sentiment about the domestic economy, the global economy, and respondents' companies. Witt also touches on top challenges and the CPA leaders' views on hiring, projected revenue growth, and spending plans for the coming 12 months. What you'll learn from this episode: The increase in optimism related to the domestic and global economies. The decrease in own-company optimism from the previous quarter. The familiar obstacle for CPA decision-makers that returned to No. 1 on the list of challenges. Projected revenue and profit growth in the coming 12 months. Projected spending on IT, training, and other capital expenditures. A farewell to the survey's longtime guru.

Many valuation reports include all the required sections but still leave readers asking one question: How did you get to that conclusion?  Valuation experts Bethany Hearn and Dr. Victor Jarosiewicz discuss the "missing link" problem in valuation reporting and explain how practitioners can create reports that are clearer, better supported, and easier to defend.  This conversation offers practical guidance for producing reports that better communicate professional judgment, assumptions, risk, and valuation conclusions. Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. Guests: Bethany Hearn, CPA/ABV/CFF, Partner, MH CPA Dr. Victor Jarosiewicz, ASA, CFA, CAIA, Georgia State University Host:  Nene Glenn Gianfala, CPA/ABV, Senior VP and Shareholder, Chaffe & Associates, Inc.  ---------------------------------------------------------------------------------------------------------------------------------------- Thanks for listening. We'd welcome your feedback at https://www.aicpa-cima.com/podcastsurvey or contact us directly at podcast@aicpa-cima.com. ------------------------------------------------------------------------------------------------------------------------------------------ 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.  RESOURCES FOR FURTHER EXPLORATION 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 AICPA Business Valuation School - Learn valuation essentials and build a solid foundation to gain the confidence to apply valuation techniques and establish a solid foundation in valuation knowledge before performing high-stakes valuations. Valuation Standards AICPA Statement on Standards for Valuation Services (SSVS)/ VS Section 100 Toolkit AICPA - Understanding and Applying Statement on Standards for Forensic Services (SSFS No. 1) Uniform Standards of Professional Appraisal Practice (USPAP) International Valuation Standards (IVS) 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 FVS Practice Aid Library: This library is open to all visitors. Access to and download of the full practice aids is an exclusive benefit of FVS Section membership.   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: IVS Updates Explained: AI, Valuation Ranges & Quality Control From Analysis to Testimony: Key Skills for a Career in Forensic and Valuation Services ESOPs: Preserving Culture, Valuation and Empowering Employees 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 (https://www.aicpa-cima.com). Enjoy more conversations from our global community of accounting and finance professionals by exploring our network of free shows at www.aicpa-cima.com/podcast.  

Many valuation reports include all the required sections but still leave readers asking one question: How did you get to that conclusion?  Valuation experts Bethany Hearn and Dr. Victor Jarosiewicz discuss the "missing link" problem in valuation reporting and explain how practitioners can create reports that are clearer, better supported, and easier to defend.  This conversation offers practical guidance for producing reports that better communicate professional judgment, assumptions, risk, and valuation conclusions. Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. Guests: Bethany Hearn, CPA/ABV/CFF, Partner, MH CPA Dr. Victor Jarosiewicz, ASA, CFA, CAIA, Georgia State University Host:  Nene Glenn Gianfala, CPA/ABV, Senior VP and Shareholder, Chaffe & Associates, Inc.  ---------------------------------------------------------------------------------------------------------------------------------------- Thanks for listening. We'd welcome your feedback at https://www.aicpa-cima.com/podcastsurvey or contact us directly at podcast@aicpa-cima.com. ------------------------------------------------------------------------------------------------------------------------------------------ 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.  RESOURCES FOR FURTHER EXPLORATION 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 AICPA Business Valuation School - Learn valuation essentials and build a solid foundation to gain the confidence to apply valuation techniques and establish a solid foundation in valuation knowledge before performing high-stakes valuations. Valuation Standards AICPA Statement on Standards for Valuation Services (SSVS)/ VS Section 100 Toolkit AICPA - Understanding and Applying Statement on Standards for Forensic Services (SSFS No. 1) Uniform Standards of Professional Appraisal Practice (USPAP) International Valuation Standards (IVS) 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 FVS Practice Aid Library: This library is open to all visitors. Access to and download of the full practice aids is an exclusive benefit of FVS Section membership.   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: IVS Updates Explained: AI, Valuation Ranges & Quality Control From Analysis to Testimony: Key Skills for a Career in Forensic and Valuation Services ESOPs: Preserving Culture, Valuation and Empowering Employees 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 (https://www.aicpa-cima.com). Enjoy more conversations from our global community of accounting and finance professionals by exploring our network of free shows at www.aicpa-cima.com/podcast.  

This week we're revisiting Hannah Munro's conversation with Ash Noah, VP & Managing Director of Learning, Education and Development at AICPA & CIMA, on the mindset shifts CFOs need to close the gap between what finance delivers and what the business actually needs.This episode covers:Why finance is hitting 90% on governance but only 40% on business guidance — and how to close that gapBuilding a value creation mindset by understanding your business model, not just costs and profitsWhy an analytics mindset and a "digital first" approach are now essential, not optionalHow agile methodology and design thinking help CFOs become better problem solversAsh's top tips for the first 90 days in a new CFO role — and why you need to "kick the tires and smell the diesel"Links referenced in this episode:Ash's Linkedin Learn more about AICPAExplore other CFO 4.0 Podcast episodes here.Subscribe to our Podcast!

After a year spent listening to CPAs, students, firm leaders, regulators, and others across the profession, Lexy Kessler has a unique perspective on where the profession stands and where it's headed.In this episode of Future-Proof, Bill Sheridan sits down with Lexy to reflect on her year as AICPA chair and what she learned from conversations across the profession and around the world.Lexy shares her perspective on the progress being made around talent and technology, the importance of trust, ethics, integrity, and quality, and why listening to different perspectives matters. She also discusses the growing sense of unity across the profession and the opportunity to carry that momentum forward as CPAs navigate continued change.Resources:Lexy Kessler, CPA, CGMA, Partner in Aprio's Assurance Services Practice and immediate past Chair of the AICPA Board of DirectorsBILL, AI-powered financial operations platform., episode sponsorRise2040™MACPA Classroom Visit Program

Brian Davis, owner of One Stop CPA, returns to the Tax Section Odyssey podcast to discuss how technology can create capacity for more intentional advisory services. He shares lessons about building an advisory-first firm, including how to identify the right clients, package value beyond compliance and use practical tools to support better client conversations. Questions answered in this episode: ·       How can technology create capacity for more meaningful advisory work? ·       What does an advisory-first tax practice look like in practice? ·       How can practitioners uncover advisory opportunities within their existing client base? ·       Why does client fit matter when building an advisory-focused firm? ·       How can AI tools support better tax planning and client conversations? Join us live at the 2026 National Tax Conference and hear Brian speak at the From AI Hype to Practical Adoption: Tools that Can Transform Tax Practice pre-conference workshop AICPA resources ·       Brian Davis Podcast ·       Leveraging technology for a better client experience | Tax Section Odyssey podcast 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.

What can the latest research teach us about helping clients make better financial decisions? In this episode Cary Sinnett talks with Dr. Megan McCoy, who leads the personal financial planning program at Kansas State University, about bringing academic research and real-world financial planning practice closer together. They explore what emerging research in client psychology, communication and financial behavior can teach planners about helping clients navigate difficult decisions, financial anxiety and major life transitions. What you'll learn How research can add another layer of insight to financial planning practice. What client psychology can teach us about financial decision-making and plan implementation. Why effective communication becomes especially important when clients experience major life events. How the client check, problem check and self check can help planners recognize when a client may need support beyond the planner's scope of competence. How emerging techniques such as motivational interviewing and financial anxiety assessments could influence the future of financial planning. Dr. McCoy also explores an important opportunity for the profession: making valuable academic research more accessible and actionable for practitioners so evidence-based insights can translate into better conversations and better client outcomes. AICPA Resources: Archive: 2026 Best Financial Planning Ideas for your Clients Podcast: Andrea Millar, From Financial Expert to Trusted Guide 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.

Firms, not candidates, are to blame for a generation of superstars declining the summons.Show notes hereGear Up for Growthwith Jean Caragherfor CPA TrendlinesFew voices carry more weight on the question of who becomes a partner, and why, than Jim Metzler's.So when the former AICPA vice president and longtime mentor to emerging firm leaders says the profession's top performers are hesitating at the threshold of partnership, firm owners would do well to listen.MORE Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | MORE Gear Up for Growth here | MORE CPA Trendlines Streaming Network hereIn the new episode of “Gear Up for Growth,” hosted by Jean Caragher of Capstone Marketing, Metzler lays out why – and what separates the firms that keep their stars from the ones that lose them.“The bigger the superstar in the firm, the more they say, ‘I'm really not sure if I want to be a partner,'” says Jim Metzler, founder of Metzler Advisory Group and author of “The Emerging Partner Playbook: A Complete Guide for Emerging Partners in CPA Firms,” this edition of “Gear Up for Growth,” powered by CPA Trendlines and hosted by Jean Caragher, president of Capstone Marketing.READ MORE > > > 

During the Aug. 20 AICPA Town Hall, CPA.com's Emily Remington and AICPA's Tim Kindem explored the SOQM landscape from a peer review perspective, including key considerations as firms move from risk assessment to monitoring, remediation, and peer review readiness. AICPA's Lisa Simpson and Lexi Weber also shared talent considerations for the profession. The Town Hall also featured the latest DC and technical updates shaping the profession.

Most CPA firm owners know their revenue. Far fewer know how a buyer would value the business behind it.Brannon Poe, founder of Poe Group Advisors, joins Tom Wadelton and Adam Hale to break down the factors that make an accounting practice more attractive to buyers. After working on hundreds of CPA firm sales and acquisitions, Brannon has seen which operational decisions strengthen value and which ones create risk during a transition. He explains why profitability and owner dependency are the two metrics firm owners should watch most closely. He also shares why virtual firms can attract a wider buyer pool, why headline offers can be misleading, how niches and technology influence value only when they improve results, and what owner hours reveal about the strength of the team. Tune in now and hear insights that shift the way you think about building a firm that's ready to sell. ▶️How to Build a CPA Firm That Attracts Buyers with Brannon Poe. Episode resources:● Website: https://anderscpa.com/● If you have questions or would like to be a guest on the show, email us at mcpasuccessshow@anderscpa.com● Check out the Virtual CFO Playbook Course:https://anderscpa.com/virtual-cfo-services/vcfo-playbook/● Explore Poe Group Advisors: https://poegroupadvisors.com/● Email Poe Group Advisors: info@poegroupadvisors.comQuotesBrannon Poe: “The things that you can control are the profitability of the practice and the owner dependency.”Adam Hale: “It is about creating that competitive market, not just for the best price, but the best fit.”Brannon Poe founded Poe Group Advisors and has been guiding accounting practice transitions since 2003. He pioneered the firm's consulting-based approach, now known as The Seamless Succession™. He began his career as an auditor at Ernst & Young, then spent several years in auditing and tax preparation at the regional firm Elliott, Davis & Company, before becoming a shareholder in a family-owned business and a founding shareholder in a manufacturing startup.He's the author of "Accountant's Flight Plan: Best Practices for Today's Firms" (published by the AICPA and CPA Canada) and "How to Prepare Your CPA Firm for Sale," among other books. He speaks regularly at national and regional accounting conferences and hosts The Accountant's Flight Plan Podcast.Brannon Poe, has been helping accounting firm owners navigate major transitions since 2003, pioneering the firm's consulting-based approach known as The Seamless Succession™. Visit poegroupadvisors.com to learn more, email him at info@poegroupadvisors.com, or connect with him on LinkedIn. Learn More About Poe Group Advisors:Instagram: https://www.instagram.com/poegroup/Facebook: https://www.facebook.com/PoeGroupAdvisors/#X: https://x.com/poegroupadvisorYoutube: https://www.youtube.com/channel/UCniu-SWqezXDabYtGMXK9IwLinkedIn: https://www.linkedin.com/company/poe-group-advisors/The Modern CPA Success Show is the go-to podcast for accounting firm owners eager to enhance profitability and master Virtual CFO services. This podcast leverages combined expertise in delivering top-tier Virtual CFO services across North America.Website: https://www.buzzsprout.com/2458888  Facebook: https://www.facebook.com/AndersCPA LinkedIn: https://www.linkedin.com/company/anders-cpa/ Instagram: https://www.instagram.com/anderscpa/ YouTube: https://www.youtube.com/@andersvcfo Tom Wadelton is a Virtual CFO at Anders, bringing over 20 years of financial expertise from his tenure at a Fortune 500 company. He has extensive experience spanning financial management, accounting operations, and information technology integration. Tom specializes in delivering strategic Virtual CFO services, helping businesses optimize their financial performance through advanced accounting solutions.Website: https://anderscpa.com/about/your-anders-team/#thomas-d-wadelton LinkedIn: https://www.linkedin.com/in/tomwadelton/ Adam Hale, CPA, is a Partner and Managing Director of Advisory at Anders, dedicated to transforming traditional accounting practices through innovative Virtual CFO services. With over 20 years in public accounting, Adam has been instrumental in the ideation and development of CPA training courses. Website: https://anderscpa.com/about/your-anders-team/#adam-hale LinkedIn: https://www.linkedin.com/in/adamhalecpa/

Koziel Calls for a New CPA Firm Model. Show notes hereGear Up for Growthwith Jean Caragherfor CPA TrendlinesMark Koziel is putting the accounting profession on notice: The business model that sustained CPA firms for generations is running out of time.“The hours-times-rate model is a death knell for the profession,” says Koziel, CPA, CGMA, president and CEO of the AICPA and the Association of International Certified Professional Accountants, on Gear Up for Growth, powered by CPA Trendlines and hosted by Jean Caragher, president of Capstone Marketing. MORE Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here Gear Up for Growth is tailored specifically for public accounting firms with up to 100 team members looking to expand their practices intelligently and efficiently. MORE Gear Up for Growth here | MORE CPA Trendlines Streaming Network here As artificial intelligence accelerates the automation of tax preparation and compliance work, Koziel says CPA firms must fundamentally rethink how they create—and price—value for clients.“There's still value to that tax return,” Koziel says. “It's just not based on our inputs.”Rather than charging for the time it takes to complete compliance work, Koziel encourages firms to focus on the insight, judgment and peace of mind they provide through planning, advisory services and proactive client relationships.One of his strongest messages centers on repositioning the profession beyond its traditional identity.“If you ask anybody on the street what a CPA does, they're going to tell you tax,” Koziel says. “But advisory and planning are the two that we really need to start nailing down.”Throughout the discussion, Koziel emphasizes that while AI continues to reshape workflows, it does not diminish the importance of the CPA. Instead, it elevates the profession's responsibility to help clients interpret information, make better decisions and navigate increasing complexity.MORE > > > 

For the 500th episode of the Journal of Accountancy podcast, the show went on the road to the Future of Finance Summit. The conversation with the AICPA's Tom Hood, CPA/CITP, CGMA, executive vice president–Business Growth and Engagement, focuses on how finance leaders are moving beyond exploration of artificial intelligence and into active piloting and scaling. Hood discussed priorities other than AI for finance leaders, who gathered last week in National Harbor, Md. Hood also looked back on the growth of the Future of Finance community, explaining how the "wisdom of the crowd" is one of the event's big draws. What you'll learn from this episode: A brief look back at the start of the JofA podcast, which has published 500 episodes. What live polling at last week's Future of Finance Summit revealed about the pace of AI adoption in corporate finance functions. Senior finance leaders' top issues in 2026 other than AI. How finance leaders are trying to balance growth initiatives with continued pressure to control costs. Why Hood says the Future of Finance community is helping leaders learn faster through case studies, peer collaboration, and shared best practices. A look ahead to the 2027 Future of Finance Summit.

Technical expertise may earn a client's confidence, but human connection earns their trust. In this episode of the PFP Podcast, Cary Sinnett continues his conversation with Dr. Brian Portnoy, author of The Geometry of Wealth, exploring how CPA financial planners can move beyond numbers and into the conversations that truly matter. Together they discuss why "funded contentment" should be at the center of financial planning, how advisors can uncover what clients truly want their wealth to accomplish, and why emotional intelligence may become one of the profession's greatest competitive advantages. What you'll learn: Why funded contentment starts with defining what "enough" means. Questions that help clients move beyond financial goals to purpose and values. How empathy, active listening, and emotional intelligence strengthen client relationships. A simple communication technique that creates deeper, more meaningful conversations. Why the human side of financial planning is becoming more valuable in the age of AI. Key takeaway: As technical planning becomes increasingly automated, an advisor's greatest value may no longer be producing the right answer but helping clients discover the right questions. Financial planning is ultimately about funding a meaningful life, not simply accumulating wealth. Resources Article: Why EQ is the future of personal financial planning Resource: Personal Financial Planning Body of Knowledge (BOK) Podcast: Andrea Millar, From Financial Expert to Trusted Guide 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.

During the Aug. 6 AICPA Town Hall, AICPA's Mark Koziel shared an update on the CPA trust brand awareness campaign, while AICPA's Melanie Lauridsen and AICPA Chair Jan Lewis discussed CP53E notice updates. Melanie was also joined by CNA Insurance's Sarah Ference and Aon's Nicole Graham to discuss key risk considerations for firms, including the evolving impact of AI. The Town Hall also featured a profession update, and the latest DC and technical updates shaping the profession.

A deposition can put a business valuation expert in the hot seat, where every answer is tested and every assumption may be challenged. In this episode, we discuss how depositions differ from other professional interactions, what effective preparation looks like, and how experts can work with counsel, handle challenging questioning, and maintain credibility under oath.  Key takeaways A deposition is adversarial by design — you're answering questions, not telling your story. Preparation starts the day the subpoena arrives. You're there for numbers, not emotions.  Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. Guest: Dan Branch, CPA/ABV, ASA, IAG Forensics & Valuation Host:  Gregory Saunders, CPA/ABV/CFF, ASA, Keiter CPAs 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.  Thanks for listening. We'd welcome your feedback at https://www.aicpa-cima.com/podcastsurvey or contact us directly at podcast@aicpa-cima.com. RESOURCES FOR FURTHER EXPLORATION Take your expert witness skills to the next level at the AICPA Expert Witness Skills Workshop, Sep 14-16, 2026, Washington, DC, a hands-on, courtroom-style experience featuring case studies, practice sessions, and a live mock trial, with enrollment limited to just 18 participants to ensure personalized coaching from judges, attorneys, and seasoned experts. At the 2026 Forensic and Valuation Services Conference - B2 hour workshop, Becoming an Effective Expert Witness: Practical Skills for Emerging Professionals (for in-person attendees).  Sharpen your expert witness skills through realistic deposition, arbitration, and courtroom scenarios that help you prepare, communicate effectively, and avoid common credibility pitfalls.  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 FVS Practice Aid Library: This library is open to all visitors. Access to and download of the full practice aids is an exclusive benefit of FVS Section membership. AICPA Statement on Standards for Forensic Services (SSFS No. 1)  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 Serving as an Expert Witness or Consultant — FVS Practice Aid   Two perspectives on the path to becoming an FVS expert for litigation  FVS Valuation Podcast archives: From Analysis to Testimony: Key Skills for a Career in Forensic and Valuation Services Expert Witness - Defending your Business Valuation in Litigation Implementing AI in your Valuation Practice 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  

On this episode, April Walker is joined by Benjamin Alarie, CEO and co-founder of Blue J, to discuss the ways that artificial intelligence (AI) is changing tax practice – not only by accelerating research and compliance work, but also by reshaping how firms define and deliver value. Ben shares new research showing widespread AI adoption among tax professionals and how firms are using the resulting time savings to improve client service, strengthen work-life balance and focus on higher value advisory work. The discussion explores whether the traditional billable hour model still makes sense when technology can dramatically reduce time spent on technical tasks. Together, April and Ben also examine the IRS Office of Professional Responsibility's (OPR) preliminary guidelines on responsible AI use and why professional judgement, due diligence and client trust remain essential in an AI-enabled profession. Questions answered in this episode:  How quickly are tax professionals adopting AI based on the most recent CPA.com/Blue J survey and what are they using it for? If AI can potentially provide research results in minutes instead of hours, how could this affect how firms think about pricing their services? What does the IRS Office of Professional Responsibility's guidelines on responsible AI use mean for tax practitioners? How can firms use AI to improve client service while maintaining professional responsibility and quality?  AICPA resources AICPA insights: Introductory guidelines for responsible AI use in federal tax practice 2026 AI Tax Research Solution Outlook Report by CPA.com and Blue J Artificial Intelligence (AI) Tax Research Center Statements on Standards for Tax Services (SSTSs) Treasury Department Circular No. 230 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.

Recorded live at the AICPA's ENGAGE 2026, Erin Hartman, CPA, Senior Manager – Firm Services, sits down with Cheryl Rhode, CPA, Partner at West Rhode & Roberts, where she explains how she is intentionally developing the next generation of firm leaders and why she brings them to ENGAGE to help build their networks and broaden their perspective beyond the walls of the firm. As Chair of a Private Companies Practice Section (PCPS) Small Firm Networking Group, Cheryl also shares the broader value of learning alongside peers. The conversation covers how her firm adapts to change, develops talent, and stays focused on a shifting profession. Cheryl also discusses AI's potential to create efficiencies and why accounting remains a dynamic career grounded in continuous learning. Whether you're developing future leaders, strengthening your talent pipeline, or preparing for what's next, this episode offers practical insights for firm leaders of all sizes. 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 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. Continue the conversation beyond this episode in the Engage365 PCPS Community, where members can connect with peers, share ideas, access exclusive resources, and discover what's working across firms like yours. 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  

https://vimeo.com/1213098151?share=copy&fl=sv&fe=ci   https://www.currentfederaltaxdevelopments.com/podcasts/2026/7/26/2026-07-27-aicpa-new-interpretation-on-indepdendence-and-tax-engagements   This week we look at: Valuation of Remainder Interest Gifts Upon Trust Termination: State Law and Net Gift Adjustments in Lewis v. Commissioner Revenue Procedure 2026-26: Technical Overview of 2027 Indexing Adjustments for Premium Tax Credits and Affordability Standards Limitations of Interest Abatement Claims Under I.R.C. § 6404(e)(1) in the Context of ERC-Driven Amendments Section 6015(c) Relief and the Substantiation Trap: An Analysis of Anderson v. Commissioner Navigating the AICPA's New Tax Services Independence Standards: A Guide for Practitioners

This week we look at: Valuation of Remainder Interest Gifts Upon Trust Termination: State Law and Net Gift Adjustments in Lewis v. Commissioner Revenue Procedure 2026-26: Technical Overview of 2027 Indexing Adjustments for Premium Tax Credits and Affordability Standards Limitations of Interest Abatement Claims Under I.R.C. § 6404(e)(1) in the Context of ERC-Driven Amendments Section 6015(c) Relief and the Substantiation Trap: An Analysis of Anderson v. Commissioner Navigating the AICPA's New Tax Services Independence Standards: A Guide for PractitionersAn audio only version of this week's broadcast can be downloaded or streamed below: 2026-07-27 AICPA New Interpretation on Independence and Tax Engagements Edward K. Zollars, CPA (Arizona) Download Articles on each update and a copy of the slides for this week can be downloaded as a PDF below:Current Federal Tax Developments July 27, 2026 ArticlesPresentation Slides

This week we look at: Valuation of Remainder Interest Gifts Upon Trust Termination: State Law and Net Gift Adjustments in Lewis v. Commissioner Revenue Procedure 2026-26: Technical Overview of 2027 Indexing Adjustments for Premium Tax Credits and Affordability Standards Limitations of Interest Abatement Claims Under I.R.C. § 6404(e)(1) in the Context of ERC-Driven Amendments Section 6015(c) Relief and the Substantiation Trap: An Analysis of Anderson v. Commissioner Navigating the AICPA's New Tax Services Independence Standards: A Guide for Practitioners

The months immediately following a client's death create one of the most important income tax planning windows in estate administration. While many practitioners focus on basis step-ups and beneficiary distributions, one election can fundamentally change how post-death income is managed: the Section 645 election. In this episode, Cary Sinnett sits down with nationally recognized tax expert Bob Keebler to explore how electing to treat a revocable trust and estate as a single taxable entity can create valuable planning opportunities through fiscal year flexibility, income deferral, charitable deduction planning, and more. Bob explains why he believes the Section 645 election should be the default choice in nearly every revocable trust administration and discusses the rare situations where it may not be appropriate. What you'll learn: Why estates receive more favorable income tax treatment than revocable trusts  How the Section 645 election allows a trust to use an estate's fiscal year  Using fiscal year flexibility to defer income and smooth taxable distributions  How the election can effectively stretch certain inherited IRA distributions  Why charitable deductions under IRC Section 642(c) are often more advantageous for estates  The impact of the election on distributable net income (DNI) planning  How the election can improve gain and loss netting in pecuniary funding situations under the Kenan case  The interaction between the Section 645 election and S corporation stock ownership  The limited circumstances where practitioners may intentionally avoid making the election AICPA Resources: Chart: Useful Estate and Trust Decision Charts Podcast: Bob Keebler on Avoiding Costly Estate Planning Mistakes Resource: Summary and initial thoughts — Changes to opportunity zones Resource: 2026 Individual, Estate, and Gift Tax Cheat Sheet Guide: The Adviser's Guide to Financial & Estate Planning - Vol. 4 Program: Estate Planning Certificate Exam 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.

During the July 23 #AICPATownHall, CPA.com's Erik Asgeirsson and AICPA's Mark Koziel welcomed American Bankers Association President and CEO Rob Nichols for a leadership discussion on the current banking market outlook, state of fintech and AI in banking. We also covered a profession update and the latest DC and technical updates shaping the profession.

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.

Megan Crane, CPA, is an Assurance Director atDean Dorton, where she has been serving clients since joining the firm in 2009.With extensive experience providing audit, accounting, and consulting servicesacross a wide range of industries, Megan is known for her strong commitment toclient service and her passion for supporting higher education institutions andnonprofit organizations. She leads the firm's higher education industry teamand contributes to its healthcare and equine practice groups, bringing deepexpertise in single audits. Beyond her professional work, Megan is activelyinvolved in several industry and community organizations, including serving onthe Board of Trustees for the Southern Association of Colleges and SchoolsCommission on Colleges (SACSCOC), and participating in the AICPA, KYCPA, andNACUBO. A graduate of the University of Kentucky with degrees in Accounting andBusiness Administration, she is also dedicated to giving back throughleadership and service in her local community. Megan resides in Lexington, Kentucky, with herhusband and 3 kids. 

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."

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.

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.

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.