Blake and David cover a plethora of topics including positive customer experiences, legal rulings, top cities for accountants, and the pressure on Intuit from major banks. They also dig into the discovery of a large sum of cash at a senator's home, how Trump defrauded the banks, another potential government shutdown, and the accounting talent crisis. All this, and more, right here, right now!

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Chapters

(00:58) - Blake shares a good customer experience at a parking garage
(05:14) - CPACharge adds invoice payment directly through app
(07:58) - Donald Trump defrauded banks and insurers
(14:32) - Intuit pressured by credit card companies and banks to not support gun stores
(20:04) - Throwback to Burger King first accepting credit card payments
(24:04) - Top cities to be an accountant
(29:14) - Bob Menendez and how much cash an average person should keep at home
(35:25) - Government shutdown update and predictions
(39:30) - Kelly Richmond Pope on the accountant talent crisis
(47:28) - The IRS revolving door
(51:58) - PCAOB announces new audit rule
(55:25) - What accountants can learn from Smucker's hybrid work model
(58:35) - Amazon invests $4 billion in Anthropic's Claude
(01:00:30) - The Pentagon is using AI to navigate its own bloated policies
(01:02:30) - Deloitte CEO says he doesn't deserve his pay
(01:04:29) - We need more practical application in accounting classes
(01:07:40) - Wrap up and where to reach us

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Show Notes

Now the Profession Is Losing Experienced Accountants Too

https://www.goingconcern.com/accountants-leaving-the-profession/

Nearly 1,000 millionaires haven't filed tax returns

https://www.accountingtoday.com/news/nearly-1-000-millionaires-havent-filed-tax-returns

Jayapal, Warren Call on IRS to Address Revolving Door Between ...

https://jayapal.house.gov/2023/09/28/jayapal-warren-call-on-irs-to-address-revolving-door-between-irs-and-giant-accounting-firms-after-troubling-inspector-general-findings/

What CPAs can learn from Smucker's

https://www.accountingtoday.com/opinion/smuckers-sweet-recipe-for-rto-a-blend-of-flexibility-and-focus

The top cities in the U.S. to be an accountant

https://www.accountingtoday.com/list/the-top-cities-in-the-u-s-to-be-an-accountant

Intuit Reverses Ban On Gun-Related Businesses

https://www.zerohedge.com/political/intuit-reverses-ban-gun-related-businesses

JPMorgan Chase Caught Trying to Block Gun Purchases

https://catholicvote.org/jpmorgan-caught-trying-block-gun-purchases/

CPACharge Announces Automated Invoicing, Streamlining Customer Billing Cycle For Accounting Professionals

https://finance.yahoo.com/news/cpacharge-announces-automated-invoicing-streamlining-150000639.html

As Government Shutdown Appears More Likely, Treasury Releases IRS Contingency Plan

https://www.forbes.com/sites/kellyphillipserb/2023/09/28/as-government-shutdown-appears-more-likely-treasury-releases-irs-contingency-plan/

The last government shutdown was the longest in more than 40 years

https://www.cnn.com/2023/09/29/politics/last-federal-government-shutdown-longest-dg/index.html

Audit Firms Face Stiffer Mandate to Verify Client Details Under New Rule

https://www.wsj.com/articles/audit-firms-face-stiffer-mandate-to-verify-client-details-under-new-rule-679e30cd

The top cities in the U.S. to be an accountant | Accounting Today

https://www.accountingtoday.com/list/the-top-cities-in-the-u-s-to-be-an-accountant

The Right Amount of Cash to Keep at Home for Emergencies. Hint: Not $480,000. – WSJ

https://www.wsj.com/personal-finance/emergency-fund-cash-on-hand-b04136d1

Judge rules Donald Trump defrauded banks and insurers while building real estate empire | AP News

https://apnews.com/article/donald-trump-letitia-james-fraud-lawsuit-1569245a9284427117b8d3ba5da74249

Pentagon’s Budget Is So Bloated That It Needs an AI Program to Navigate It

https://theintercept.com/2023/09/20/pentagon-ai-budget-gamechanger/

Amazon bets $4 billion on Anthropic’s Claude, the chatbot platform rivaling ChatGPT and Google's Bard | VentureBeat

https://venturebeat.com/ai/amazon-bets-4-billion-on-anthropics-claude-the-chatbot-that-rivals-chatgpt-and-googles-bard/

Deloitte CEO Says He Doesn't Deserve His Pay - Going Concern

https://www.goingconcern.com/monday-morning-accounting-news-brief-deloitte-ceo-says-he-doesnt-deserve-his-pay-the-accountant-shuffle-7-17-23/...

How Trump Defrauded Banks & Top Cities To Be An Accountant

The Accounting Podcast

How Trump Defrauded Banks & Top Cities To Be An Accountant