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Welcome to Accounting Firm Coach Office Hours presented by Canopy. Iโm Jason Staats. Ready to get 1% better at running an accounting firm? In this episode, I break down a new AI accounting study suggesting that leading models can outperform human accountants, and explain what that actually means for our firms. I share why public booking links are a bad idea, explore Claudeโs faster AI models and new ChatGPT features, and explain why AI wonโt fix bad business decisions. Then I highlight accountants available for hire and answer questions about selling a firm to private equity, why I dropped Xero from my recommendations, and whether standalone receipt management software still makes sense.
๐ Hereโs that AI vs accountants study https://www.mercor.com/blog/human-baselines-for-benchmarks-ai-now-outperforms-junior-accountants/
// Chapters:
00:00 - The End Is Near
13:45 - Bad Booking Links
17:35 - This AI Model is FAST
24:20 - Hormozi Pops The Balloon
26:20 - ChatGPT Updates
31:45 - Accountants For Hire
34:25 - Sell His Firm to PE?
42:45 - I Dropped Xero
47:55 - New Receipt Tech?
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