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ChatGPT Can Pass the CPA Exam But Here’s What It Can’t Do (Yet)

Going Concern

Haven’t they been saying for at least ten years now that 95% of accountants will be replaced by 2030? This isn’t much different from a sole proprietor CPA teaching his high school daughter how to enter receipts in Excel to make a little extra cash over the summer.

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Monday Morning Accounting News Brief: The Diversity-est Big 4 Firm; An EY Record; PCAOB Stream | 10.17.22

Going Concern

32 leading industry commentators, CEOs, CFOs and board members from across the world have contributed their views on the future of financial services for KPMG’s Voices on 2030: Financial Services reinvented report. Campo, CPA, MBA (@ajthecpa1226) October 14, 2022. Something tells me Kris won’t be good in sales.

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Monday Morning Accounting News Brief: Consulting Pay Freezes; AI, Audit, and You; KPMG Mega Merger? | 11.6.23

Going Concern

NYT Magazine talks about Deloitte’s creepy monetization of the final frontier : Befouling the Final Frontier When its time comes, in 2030 — unlike Mir before it, which was de-orbited so it would burn up in the atmosphere — the I.S.S. We might dig deeper into that survey, we’ll see. will fall into the sea.

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Ensuring Climate ESG Auditing Excellence: How Your Trusted Accounting Partner Makes the Difference

Withum

The recently passed California climate disclosure rule, SB 253, will require companies to start limited assurance in 2026 and reasonable assurance in 2030 for Scope 1 and 2 emissions. Future-looking information: Financial statements usually just look at the previous fiscal years’ balance sheets.

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The Technology Lab Podcast – Rapid Close Tools – Sept. 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, talk about the latest advances in rapid close / financial close software. But issues like consolidation, reconciliation, workflow, records, management, review, financial insights, and integration are all key to these platforms. Use the podcast player below to listen.

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Monday Morning Accounting News Brief: Every Day Is Fools’ Day For Some Accounting Employers; McKinsey Now Paying People to Leave | 4.1.24

Going Concern

It’s Joy Merriner’s job as an independent auditor with the firm BDO to go through the city’s financial statements and make sure they are fair and accurate. For at least one program, the city is at risk of running out the clock on its fourth extension with the state to close out its 2022 books.

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Fiscal Year 2023 Revenue Proposal: How Does the Biden Administration’s Proposal Impact the Real Estate Industry?

KROST

This provision would apply to property not subject to a recognition event since December 31, 1939, so that the first recognition event would be deemed to occur on December 31, 2030. So Sum Lee, CPA , Principal. So Sum Lee, CPA is a Tax Principal at KROST. Impose a Minimum Tax on Unrealized Gains of High-Income Individuals.