pwc australia

We're back from the AICPA Engage conference sharing takeaways. Also, we're talking about all the latest generative AI developments in accounting, plus the recent PwC scandal in Australia.

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• (00:00) - PREVIEW: The PwC scandal
• (00:46) - Blake and David are back from AICPA Engage
• (02:08) - Blake shares his mom's tax return horror story
• (10:13) - Thoughts on the AICPA's 100th Town Hall podcast episode
• (16:10) - How can AICPA grow Engage to be an even bigger event
• (21:03) - It was great to see everyone at AICPA Engage
• (27:11) - Advanced Auto Parts misses 10-Q deadline because they couldn't staff position
• (30:37) - Accounting firms are getting sued for improper ERC returns
• (35:31) - Checking in on the live chat
• (37:31) - Intuit's AI announcement
• (43:33) - CPA.com announces their own generative AI initiative
• (44:50) - Spreadsheet company Equals launches AI Assist
• (45:29) - ChatGPT makes up court cases in federal briefing
• (47:59) - Ikea buys warehouse management SaaS company
• (48:58) - Google DeepMind can create its own algorithms
• (51:23) - Crypto scams are 5x more costly than other cyber crimes
• (52:09) - Let's talk about PwC Australia
• (01:01:25) - Wrap up and where to reach Blake and David

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Show Notes

Google DeepMind’s game-playing AI just found another way to make code faster | MIT Technology Review              

https://www.technologyreview.com/2023/06/07/1074184/google-deepmind-game-ai-alphadev-algorithm-code-faster/

Crypto scams five times as costly as other cybercrimes says study | Accounting Today

https://www.accountingtoday.com/news/crypto-scams-five-times-as-costly-as-other-cybercrimes-says-study

A Man Sued Avianca Airline. His Lawyer Used ChatGPT. - The New York Times

https://www.nytimes.com/2023/05/27/nyregion/avianca-airline-lawsuit-chatgpt.html?smid=nytcore-ios-share&referringSource=articleShare

Equals Launches the First Native AI Assistant for Spreadsheets

https://www.newswire.com/news/equals-launches-the-first-native-ai-assistant-for-spreadsheets-22045667

Intuit introduces proprietary large language models for fintech with GenOS

https://cointelegraph.com/news/intuit-introduces-proprietary-large-language-models-for-fintech-with-genos

Intuit (INTU) Introduces Generative AI Operating System

https://www.zacks.com/stock/news/2105195/intuit-intu-introduces-generative-ai-operating-system?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2105195

Intuit Unveils Generative AI Operating System and Finance LLMs for TurboTax, Credit Karma, QuickBooks, and Mailchimp Developers    

https://voicebot.ai/2023/06/07/intuit-unveils-generative-ai-operating-system-and-finance-llms-for-turbotax-credit-karma-quickbooks-and-mailchimp-developers/

Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Models

https://financialpost.com/pmn/business-wire-news-releases-pmn/intuit-introduces-generative-ai-operating-system-with-custom-trained-financial-large-language-models

Intuit Launches GenOS: AI Operating System for Financial Data

https://medium.com/@cryptomarket06/intuit-launches-genos-ai-operating-system-for-financial-data-6bf8f161ef3a

IKEA Parent Ingka Acquires Supply Chain Software Solutions Provider Made4net

https://www.pymnts.com/news/retail/2023/ikea-parent-ingka-acquires-supply-chain-software-solutions-provider-made4net/

Landscaping Business Sues Accounting Firm Over Alleged COVID ...

https://www.law.com/dailyreportonline/2023/05/30/landscaping-business-sues-accounting-firm-over-alleged-covid-19-scheme/

Intuit Expert BrandVoice: How Intuit Is Leveraging AI To Catapult The Role Of Tax And Bookkeeping Experts To Deliver Confidence Inspiring Customer Experiences           

https://www.forbes.com/sites/intuit-expert/2023/05/23/how-intuit-is-leveraging-ai-to-catapult-the-role-of-tax-and-bookkeeping-experts-to-deliver-confidence-inspiring-customer-experiences/

 
Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIA...

The 2021 Budget has been handed down by Treasurer Josh Frydenburg, and PwC Australia’s Chief Executive Tom Seymour catches up with Sky News Political Reporter Laura Jayes to discuss how the Budget will help propel the nation from a state of economic rescue to a position of economic growth.

To find out what the announcements mean for the future of Australia’s economy, society and you visit www.pwc.com.au/federalbudget 

See omnystudio.com/listener for privacy information.

Since the start of last year, Australia's economy has swung from cautious optimism into apocalyptic crisis and towards fragile renewal. These extraordinary times have prompted some extraordinary measures from the Treasurer, Josh Frydenberg, and now he's about to announce his second federal Budget in the space of eight months.

This is a Budget that must switch from reactive to proactive mode, a budget that could make or break the nation's recovery and a Budget that calls for careful, considered analysis.

In the days following the Budget, join political reporter Laura Jayes and a range of PwC Australia experts to get a fuller, deeper understanding of how the Budget will affect jobs, education, tax, infrastructure, our climate and more. 

To ensure you don't miss a single episode. Subscribe now on Apple podcasts, Spotify or wherever you get your podcasts.

See omnystudio.com/listener for privacy information.

The COVID-19 pandemic has launched much of Australia into a national 'work from home' experiment. It's a shift that has dramatically transformed workplaces.

There have been massive disruptions, causing organisations to flex up, flex down, and rethink their business model.

We've been talking about the Future of Work for some time, but now we are living it; the future of work is here.

Join your host, Dr Ben Hamer, PwC Australia, Director, Future of Work as he talks to leaders across well known industries and organisations, about how they have risen to the challenge. 

See omnystudio.com/listener for privacy information.

Thank you for listening to the PwC Australia Federal Budget Podcast. We’ll be back next year with more episodes tackling a variety of issues including the 2021 federal budget –and much, much more.

If you have the time, feel free to leave us a rating and/or a review, and to make sure you don’t miss any of our future episodes, stay subscribed via your favourite podcast listening platform.

In the meantime, thanks again and goodbye for now.

See omnystudio.com/listener for privacy information.

The 2020 Federal Budget included wide-ranging announcements – and it’s important these policies are assessed from a diversity and inclusion perspective to ensure they are equal at a systemic level.

So, how do the announcements stack up from the perspective of female workforce participation? Cultural inclusion? Social investment? Mental wellness?

Is the Federal Budget good news for vulnerable Australians? And those with disabilities? And how about their carers?

In this episode we will find out how the 2020 Federal Budget rates from a diversity and inclusion perspective.

See omnystudio.com/listener for privacy information.

COVID-19 has highlighted pre-existing workforce challenges across Australia, while making them more urgent and complex.

But it is not all doom and gloom. There are some silver linings and positive gains that have been accelerated by the pandemic, including new ways of working, digital adoption and collaboration. At a policy level, this has been supported by the JobMaker, JobKeeper and JobTrainer plans.

In this episode, we will look at whether the 2020 Federal Budget builds on that momentum and what policies will be put into place to use jobs and skills as a key foundation for economic recovery. 

For additional in-depth analysis, head over to PwC Australia Federal Budget where you will find articles and information about the 2020 Federal Budget and what it means for the economy, our society and you. 

Thank you for listening to the PwC 2020 Federal Budget Podcast. We hope you enjoyed our commentary.

See omnystudio.com/listener for privacy information.

When the COVID-19 crisis struck, few business functions shifted as quickly as corporate cybersecurity. As legions of employees suddenly found themselves working from home, technologists rushed to secure connections, networks and IT environments.

With the scale and sophistication of cyber-attacks rapidly evolving, the federal government is stepping up its national cybersecurity measures too.

In this episode, we look at what the Federal Budget announcements mean for the nation’s ongoing cyber safety.

For additional in-depth analysis, head over to PwC Australia Federal Budget where you will find articles and information about the 2020 Federal Budget and what it means for the economy, our society and you. 

Thank you for listening to the PwC 2020 Federal Budget Podcast. We hope you enjoyed our commentary.

See omnystudio.com/listener for privacy information.

The economic impact of COVID-19 – and the support given to businesses and individuals through the pandemic – have resulted in ballooning government spending and shrinking revenue.

Tax reform could be pivotal in supporting long-term economic recovery in a post-COVID world. In this episode of the PwC Federal Budget Podcast, we discuss what the federal government’s 2020 Budget announcements in tax tell us about the blueprint to create a thriving domestic economy.

For additional in-depth analysis, head over to PwC Australia Federal Budget where you will find articles and information about the 2020 Federal Budget and what it means for the economy, our society and you. 

Thank you for listening to the PwC 2020 Federal Budget Podcast. We hope you enjoyed our commentary.

See omnystudio.com/listener for privacy information.

What impact has COVID-19 had on the government’s long-term infrastructure projects? Can we expect increased state government collaboration? And what difference has the Federal Budget made?

In this episode, we go in search of answers.

For additional in-depth analysis, head over to PwC Australia Federal Budget where you will find articles and information about the 2020 Federal Budget and what it means for the economy, our society and you. 

Thank you for listening to the PwC 2020 Federal Budget Podcast. We hope you enjoyed our commentary.

See omnystudio.com/listener for privacy information.

Across the Australian healthcare sector, the workforce has shown incredible resilience. A debt of gratitude is owed to frontline health and aged-care workers who have supported the country's response to COVID-19.

Investment in health is critical to deliver better health outcomes and contribute to the economic recovery – boosting productivity and jobs creation. 

In this episode of the PwC Federal Budget Podcast, we look at the Budget’s health announcements. And we delve into how it supports much needed longer-term reform of the sector.

For additional in-depth analysis, head over to PwC Australia Federal Budget where you will find articles and information about the 2020 Federal Budget and what it means for the economy, our society and you. 

Thank you for listening to the PwC 2020 Federal Budget Podcast. We hope you enjoyed our commentary.

See omnystudio.com/listener for privacy information.

With the dust barely settled on the 2020 Federal Budget, PwC Australia CEO Tom Seymour, caught up with political commentator Peter Van Onselen, to discuss the fall-out of arguably the most historic Federal Budget in Australia’s history.   

For additional in-depth analysis, head over to PwC Australia Federal Budget where you will find articles and information about the 2020 Federal Budget and what it means for the economy, our society and you. 

Thank you for listening to the PwC 2020 Federal Budget Podcast. We hope you enjoyed our commentary.

See omnystudio.com/listener for privacy information.

As our nation faces the biggest economic contraction since the 1930s, attention turns to how we work with international trading partners to recover and grow.

In this episode of the PwC Federal Budget Podcast, Chief Economist and Partner, Jeremy Thorpe explores the social, economic, and geopolitical impacts of the Federal Budget and what it means for resetting Australia's economy in the midst of a global pandemic.

For additional in-depth analysis, head over to PwC Australia Federal Budget where you will find articles and information about the 2020 Federal Budget and what it means for the economy, our society and you. 

Thank you for listening to the PwC 2020 Federal Budget Podcast. We hope you enjoyed our commentary.

See omnystudio.com/listener for privacy information.

On the 6th of October, Treasurer Josh Frydenburg will hand down a historic Federal Budget. It will be dominated by the fallout from COVID-19 and the biggest economic contraction since the Great Depression.

For all the reactions and ramifications of this year’s Budget, join political journalist and commentator Peter van Onselen - and a range of PwC experts in economic recovery, tax, health, infrastructure, the workforce and cyber. 

They will discuss what the Budget means for our economy, our society… and you.

Access PwC Australia’s Federal Budget podcast episodes as the Treasurer hands down his address. Each episode will present unique Q&A sessions delving into all the questions you want answered.  

This year’s Federal Budget will go a long way to setting the blueprint for Australia’s long-term recovery.

To ensure you don’t miss a single episode, subscribe now on Apple Podcasts, Spotify or your favourite podcast platform.

See omnystudio.com/listener for privacy information.