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The Young CPA Success Show: Episode 41
Tom and Jesse from FinOptimal return to the show to discuss the Bench shutdown with Hannah and Joey. Along the way they discuss the rise of AI in the industry, changes to the 150 CPE credit rule, memes, and how CPAs can better convey what they do to clients. The conversation underscores the importance of adaptability, effective communication, and maintaining professional standards amidst technological changes, using Bench's experience as a cautionary tale for the profession.
Episode Notes
"No matter what, whoever stays on the cutting edge of what's new is going to be okay. If you have that much red tape and hesitancy to try new stuff, you're going to get left behind." -Tom Zehentner
The Finer Details of This Episode:
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Recent developments surrounding the company Bench and its implications.
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Impact of artificial intelligence and automation on accounting practices.
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Pricing strategies and the sustainability of low-cost accounting services.
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Importance of effective communication and client engagement in accounting.
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Future of the accounting profession in light of technological advancements and market changes.
Episode resources:
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Summit Virtual CFO by Anders website: https://www.summitcpa.net/
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Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.com
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We’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunities
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Check out Tom and Jesse at https://www.finoptimal.com/
