{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Accounting Podcast","title":"AICPA Doesn't Care If PCAOB Goes Away","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/3707f6bc\"></iframe>","width":"100%","height":180,"duration":3414,"description":"What happens when venture capitalists spend billions on AI but need customers to buy it? In this episode, Blake and David explore how investment firms are now purchasing accounting firms to force-feed AI adoption, comparing it to Pepsi buying restaurants to sell more soda. They also dig into the massive gap between AI promises and reality, questioning bold claims that 80% of tax prep is now automated while basic bookkeeping tools still make obvious errors. You'll learn about the AICPA's surprising neutrality on eliminating the PCAOB, Billy Long's confirmation as IRS commissioner despite his controversial past, and why accountant optimism has plummeted 58 points in just four months. Plus, discover how Miley Cyrus hid drug purchases from her accountant and why audit reports get downloaded only 30 times despite millions of investors.\nChapters\n \n\nShow Notes\nCPAacademy 2025 AI and Accounting Report\nhttps://www.cpaacademy.org/resources/ai-accounting-report-2025\n\nHow to Reimagine Audit Quality Beyond the PCAOB\nhttps://www.cpajournal.com/2025/01/15/reimagining-audit-quality-beyond-pcaob/\nInflow Survey: 70% of US Businesses Open to Switching Audit Firms\nhttps://www.inflowaudit.com/resources/audit-firm-switching-survey-2025\nGian Porzio LinkedIn Post on Tribal Tax Credit Investigation\nhttps://www.linkedin.com/posts/gianporzio_tribal-tax-credits-investigation-billy-long\nEconomist-YouGov Poll on Big Beautiful Bill Public Opinion\nhttps://www.economist.com/graphic-detail/2025/06/13/americans-support-musk-criticism-trump-tax-bill\nCBO Analysis of Big Beautiful Bill Wealth Transfer Effects\nhttps://www.cbo.gov/publication/61234\nAvalara 2025 Accountants Confidence Report\nhttps://www.avalara.com/us/en/resources/reports/2025-accountants-confidence-report.html\nCenter for Audit Quality Audit Partner Pulse Survey\nhttps://www.thecaq.org/audit-partner-pulse-survey-2025\nEuropean Business Travel to US Drops 25% in April...","thumbnail_url":"https://img.transistorcdn.com/BBmKVcKOQ6x_m3yMMvg6kZR2Y9d_FKTdVd0Ofv-4fhw/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzMxNzMvMTY4OTYx/NzY3MS1hcnR3b3Jr/LmpwZw.webp","thumbnail_width":300,"thumbnail_height":300}