We're back from the AICPA Engage conference sharing takeaways. Also, we're talking about all the latest generative AI developments in accounting, plus the recent PwC scandal in Australia.

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Chapters

(00:00) - PREVIEW: The PwC scandal
(00:46) - Blake and David are back from AICPA Engage
(02:08) - Blake shares his mom's tax return horror story
(10:13) - Thoughts on the AICPA's 100th Town Hall podcast episode
(16:10) - How can AICPA grow Engage to be an even bigger event
(21:03) - It was great to see everyone at AICPA Engage
(27:11) - Advanced Auto Parts misses 10-Q deadline because they couldn't staff position
(30:37) - Accounting firms are getting sued for improper ERC returns
(35:31) - Checking in on the live chat
(37:31) - Intuit's AI announcement
(43:33) - CPA.com announces their own generative AI initiative
(44:50) - Spreadsheet company Equals launches AI Assist
(45:29) - ChatGPT makes up court cases in federal briefing
(47:59) - Ikea buys warehouse management SaaS company
(48:58) - Google DeepMind can create its own algorithms
(51:23) - Crypto scams are 5x more costly than other cyber crimes
(52:09) - Let's talk about PwC Australia
(01:01:25) - Wrap up and where to reach Blake and David

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Show Notes

Google DeepMind’s game-playing AI just found another way to make code faster | MIT Technology Review

https://www.technologyreview.com/2023/06/07/1074184/google-deepmind-game-ai-alphadev-algorithm-code-faster/

Crypto scams five times as costly as other cybercrimes says study | Accounting Today

https://www.accountingtoday.com/news/crypto-scams-five-times-as-costly-as-other-cybercrimes-says-study

A Man Sued Avianca Airline. His Lawyer Used ChatGPT. - The New York Times

https://www.nytimes.com/2023/05/27/nyregion/avianca-airline-lawsuit-chatgpt.html?smid=nytcore-ios-share&referringSource=articleShare

Equals Launches the First Native AI Assistant for Spreadsheets

https://www.newswire.com/news/equals-launches-the-first-native-ai-assistant-for-spreadsheets-22045667

Intuit introduces proprietary large language models for fintech with GenOS

https://cointelegraph.com/news/intuit-introduces-proprietary-large-language-models-for-fintech-with-genos

Intuit (INTU) Introduces Generative AI Operating System

https://www.zacks.com/stock/news/2105195/intuit-intu-introduces-generative-ai-operating-system?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2105195

Intuit Unveils Generative AI Operating System and Finance LLMs for TurboTax, Credit Karma, QuickBooks, and Mailchimp Developers

https://voicebot.ai/2023/06/07/intuit-unveils-generative-ai-operating-system-and-finance-llms-for-turbotax-credit-karma-quickbooks-and-mailchimp-developers/

Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Models

https://financialpost.com/pmn/business-wire-news-releases-pmn/intuit-introduces-generative-ai-operating-system-with-custom-trained-financial-large-language-models

Intuit Launches GenOS: AI Operating System for Financial Data

https://medium.com/@cryptomarket06/intuit-launches-genos-ai-operating-system-for-financial-data-6bf8f161ef3a

IKEA Parent Ingka Acquires Supply Chain Software Solutions Provider Made4net

https://www.pymnts.com/news/retail/2023/ikea-parent-ingka-acquires-supply-chain-software-solutions-provider-made4net/

Landscaping Business Sues Accounting Firm Over Alleged COVID ...

https://www.law.com/dailyreportonline/2023/05/30/landscaping-business-sues-accounting-firm-over-alleged-covid-19-scheme/

Intuit Expert BrandVoice: How Intuit Is Leveraging AI To Catapult The Role Of Tax And Bookkeeping Experts To Deliver Confidence Inspiring Customer Experiences

https://www.forbes.com/sites/intuit-expert/2023/05/23/how-intuit-is-leveraging-ai-to-catapult-the-role-of-tax-and-bookkeeping-experts-to-deliver-confidence-inspiring-customer-experiences/

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIA...

AICPA Engage Recap | Intuit launches GenOS | PwC scandal in Australia

The Accounting Podcast

AICPA Engage Recap | Intuit launches GenOS | PwC scandal in Australia