Maybe you shouldn't start a podcast
In my latest Accounting Today article, I share insights from the 2024 Digital Deep Dive conference, where Brandon Hall and I discussed the realities of podcasting. While our shows have seen remarkable success, we emphasize that podcasting isn't for everyone.
The silver tsunami: Why CPAs, exit planners, and business advisors must embrace employee ownership
With the "Silver Tsunami" of baby boomer business owner retirements upon us, it's crucial to understand employee ownership as a viable exit and succession planning strategy.
1,500 bogus audits. A $14 million fine. A lifetime ban from the SEC. But no jail time?
1,500 bogus audits. A $14 million fine. A lifetime ban from the SEC. But no jail time? On today's live stream, we led with the breaking news about the charges against BF Borgers, a one-partner audit firm charged with faking hundreds of public company audits – including Trump's SPAC.
Should an accountant be running boeing?
Picture this: You're on a flight, and the person beside you starts a conversation. They find out you're an accountant and ask, "Hey, don't you think an accountant should be running Boeing? Who better to whip that company into shape than someone who knows their way around a balance sheet?"
Join me live for "Building a Modern CPA Firm" with Alan Whitman
Join me on May 08, 2024, at 10:30 am PST for a live-streamed podcast interview with Alan Whitman, the former CEO of Baker Tilly US. Alan will share his advice for how to transform traditional CPA firms into modern, sustainable, and innovative powerhouses.
Why fines don't deter auditor misconduct
A small audit firm with only one CPA on the website takes on a multi-billion dollar client. The client turns out to be a fraud. And the auditor? They face a measly $65,000 fine, less than the fees they earned from the audit. It's a true story that David and I shared on The Accounting Podcast. And it's just the tip of the iceberg when it comes to the lack of accountability in the auditing profession.
Why you should be very skeptical of that auditor’s report
I'm honored to be quoted by Gene Marks, CPA, in his latest piece on The Hill, in which he brilliantly unpacks why investors should approach audit reports with a healthy dose of skepticism.
The burden of success in public accounting
There’s something about public accounting I’ve never understood – as you rise up the ranks, you work more, not less. Shouldn’t it be the other way around? In Episode 378 of The Accounting Podcast, we dive into the numbers. And the numbers do not paint a pretty picture.
How modern pricing models drive higher accounting firm valuations
This week on the pod, we dive into valuations with accounting firm M&A expert Charles Bedard. Learn why moving to modern pricing models could mean big money for your exit strategy.
Why the new beneficial ownership reporting law won't stop money laundering
The federal government's latest attempt to catch money launderers is doomed to fail. Here's why.