{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Accounting Podcast","title":"SEC Charges Trump's Audit Firm with Massive Fraud","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/8bd1ea7f\"></iframe>","width":"100%","height":180,"duration":3598,"description":"The SEC charged Trump's audit firm with a massive fraud – 1,500 fake filings over 2.5 years! Plus, hundreds of small US banks are at risk due to commercial real estate loan exposure. We're also talking about the potential of AI tools like Claude and ChatGPT to automate various accounting and business tasks, the controversial Corporate Transparency Act's beneficial ownership reporting requirements, and the possibility of its repeal. We wrap with fintech and crypto news, including Mercury Bank's rapid growth and potential regulatory issues.\nChapters\n \n\nShow Notes\nAnthropic launches a free Claude iOS app and Team, its first enterprise plan | ZDNET\nhttps://www.zdnet.com/article/anthropic-launches-a-free-claude-ios-app-and-team-its-first-enterprise-plan/\n \nSEC.gov | SEC Charges Audit Firm BF Borgers and Its Owner with Massive Fraud Affecting More Than 1,500 SEC Filings\nhttps://www.sec.gov/news/press-release/2024-51\n \nOregon senator demands refunds for TurboTax customers over glitch | Accounting Today\nhttps://www.accountingtoday.com/news/oregon-senator-demands-refunds-for-turbotax-customers-over-glitch\n \nCan LLMs Pass the CPA Exam? Evaluating Large Language Model Performance on the Certified Public Accountant Test by Will Zacher, Sanmukh Kuppannagari :: SSRN           \nhttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=4788096\n \nSam Altman says helpful agents are poised to become AI’s killer function | MIT Technology Review    \nhttps://www.technologyreview.com/2024/05/01/1091979/sam-altman-says-helpful-agents-are-poised-to-become-ais-killer-function/\n \nWhy hundreds of U.S. banks may be at risk of failure   \nhttps://www.cnbc.com/2024/05/01/why-hundreds-of-us-banks-may-be-at-risk-of-failure.html\n \nTether CEO Says An Audit By A Big Four Giant Is Our Top Priority            \nhttps://coingape.com/tether-ceo-says-an-audit-by-a-big-four-giant-is-our-top-prioritterrestrial\nBlock lets Square merchants convert a part of their daily sales to bitcoin...","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}