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485. KPMG Lays Off 10% Audit Partners, Best AI Still Fails 1/5 Accounting Tasks

Tech

What does it mean when Big Four partners can be demoted—and AI still gets 1 in 5 accounting tasks wrong? Blake and David unpack KPMG’s audit partner cuts, EY and KPMG’s quiet partner demotions in the UK, PwC’s return-to-office push, and why firms like Decimal are rethinking tech-driven bookkeeping. They also debate AI’s limits in accounting, explore the future of CPE after a surprising Nasba warning, and explain what these shifts mean for accountants building their careers. The Accounting Podcast is the world's #1 podcast for accounting and tax pros. Join us weekly for a roundup of accounting news, analysis, and interviews. Plus, earn free NASBA-approved CPE credits for listening with the Earmark app. Sign up for free at https://earmark.app Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas OnPay - http://accountingpodcast.promo/onpay Fishbowl - http://accountingpodcast.promo/fishbowl

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vanessa_carlson 1 month, 1 week ago

Great episode as always. In Australia we have that pre-filling of tax data from employers, banks and some investments. It's in the free MyGov app so people can do their own tax returns with pre-filled data. Boggles my mind that you guys don't have stuff like this in America.

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davimiguel_silveira 1 month, 2 weeks ago

There are ways to add in memory with the proper harnesses. It is apparent no Ai builders were consulted here

ekani_goswami
ekani_goswami 1 month, 2 weeks ago

21:36 that letter is hilarious 🤣

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rebecca.jordan 1 month, 2 weeks ago

/j71Kmxv7smk?si=qM75fjORB59hC0eH. Accounting song 🎧

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carrie.chambers 1 month, 2 weeks ago

Don't you have access to face your accuser? They're bashing your teaching style or educational liberty to present alternative methods of approaching CPE. I guess they're too worried about CPE sponsors going against the grain.

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gabrieltempest28 1 month, 2 weeks ago

Woo-hoo! Made it live