Accounting ARC

Who’s Qualified to Advise? | ARC

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ARC hosts debate credentials, accountability, and the risks of advice that exceeds a provider’s expertise.

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Optimize Profits, Delight Clients, & Build a Top-Value Firm!

Accounting ARC
With Liz Mason, Donny Shimamoto, and Byron Patrick
Center for Accounting Transformation

A business owner asks for financial reports. A bookkeeper delivers them. For years, the arrangement appears to work — until another accountant examines the numbers and discovers that the reports do not add up.

The owner receives exactly what he requests. What he misses is someone qualified to question the request.

That story, shared by Byron Patrick on the Accounting ARC podcast, captures a problem that reaches beyond bookkeeping: Small-business owners may know they need financial help without knowing how to evaluate the people providing it.

MORE Accounting ARC: Stop Waiting for the Perfect Time to Get Involved | Your AI Agent Should Show Its Work | AI Isn’t Erasing Tax Careers. It’s Rewriting Them. | Accounting Internships Need an Upgrade | The CPA Career Nobody Talks About | Conference Season Exposes Accounting’s Knowledge Gap | The Feedback Mistake That Costs You Your Best People | Is Your Boss Really the Problem? | Most Accountants Are Missing This AI Shift | AI Can Fix Your Workflow—or Break It in Seconds | Efficiency Is the Wrong Goal for AI | Accounting’s Hidden Talent Risk: The Sandwich Generation | Built Fast. Sold Faster. Broken Later? The Truth About Accounting Tech | Recognize When You Need to Recharge Before You Burn Out | Valuing More Than the Balance Sheet

For accountants, that creates both a responsibility and an opportunity. Explaining professional value requires more than listing credentials or promising accurate books. It means showing owners what an effective accounting relationship can help them understand, decide, and accomplish.

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Stop Waiting for the Perfect Time to Get Involved | ARC

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Even a small volunteer commitment can deliver lasting professional and personal returns.

Sponsored by Radical Pricing by the Radical CPA, Jody Padar | See Today’s Special Offer

Subscribe to CPA Trendlines podcasts anywhere: Apple, Google/YouTube, Spotify, iHeart, Deezer, Amazon Music, Audible, Player FM, Audacy, RSS.

Optimize Profits, Delight Clients, & Build a Top-Value Firm!

Accounting ARC
With Donny Shimamoto and Byron Patrick
Center for Accounting Transformation

A single meeting changed the trajectory of Byron Patrick’s career.

Early in his career, the owner of Patrick’s firm, who was serving as chair of the Maryland Association of CPAs, invited him to come along to a meeting. Patrick found himself in a room with established leaders discussing the future of the profession.

“I was like, ‘Is it this easy? Can I just show up to this meeting every week and be in this room?’” Patrick recalls. “Because if so, y’all aren’t going to get rid of me.”

Twenty-six years later, Patrick, CPA.CITP, senior product manager for Karbon and founder and part-time educator for TB Academy, can trace much of his professional growth to that invitation.

MORE Accounting ARC: Your AI Agent Should Show Its Work | AI Isn’t Erasing Tax Careers. It’s Rewriting Them. | Accounting Internships Need an Upgrade | The CPA Career Nobody Talks About | Conference Season Exposes Accounting’s Knowledge Gap | The Feedback Mistake That Costs You Your Best People | Is Your Boss Really the Problem? | Most Accountants Are Missing This AI Shift | AI Can Fix Your Workflow—or Break It in Seconds | Efficiency Is the Wrong Goal for AI | Accounting’s Hidden Talent Risk: The Sandwich Generation | Built Fast. Sold Faster. Broken Later? The Truth About Accounting Tech | Recognize When You Need to Recharge Before You Burn Out | Valuing More Than the Balance Sheet

MORE Accounting Opportunities Experience 

In this episode of Accounting ARC, Patrick and co-host Donny Shimamoto, CPA.CITP, CGMA, founder and managing director of IntrapriseTechKnowlogies LLC and the founder and inspiration architect for the Center for Accounting Transformation, make the case that involvement in state CPA societies and other professional organizations is not an extracurricular activity. It is an investment in a career, a professional network, and the future of accounting.

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Who Will Review Tax Returns When AI Trains No One? | ARC

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Firms must build new pathways that develop reviewers, judgment and client-facing skills.

 

Sponsored by Radical Pricing by the Radical CPA, Jody Padar | See Today’s Special Offer

Subscribe to CPA Trendlines podcasts anywhere: Apple, Google/YouTube, Spotify, iHeart, Deezer, Amazon Music, Audible, Player FM, Audacy, RSS.

Optimize Profits, Delight Clients, & Build a Top-Value Firm!

Accounting ARC
With Donny Shimamoto, Liz Mason, and Byron Patrick
Center for Accounting Transformation

Artificial intelligence may not eliminate the entry-level tax professional. But it is dismantling the job that many firms still use to train one.

That’s the conversation driving a new episode of the Accounting ARC podcast featuring Donny Shimamoto, CPA.CITP, CGMA, founder and managing director of IntrapriseTechKnowlogies LLC and founder and inspiration architect for the Center for Accounting Transformation; and Liz Mason, CPA, CEO of High Rock Accounting.

The conversation begins with a small tax firm that hires six interns each year and teaches them to prepare returns much as earlier generations learned: working from paper documents, identifying relevant numbers, mapping those figures to tax forms, and entering the data into tax software.

MORE Accounting ARC: Accounting Internships Need an Upgrade | The CPA Career Nobody Talks About | Conference Season Exposes Accounting’s Knowledge Gap | The Feedback Mistake That Costs You Your Best People | Is Your Boss Really the Problem? | Most Accountants Are Missing This AI Shift | AI Can Fix Your Workflow—or Break It in Seconds | Efficiency Is the Wrong Goal for AI | Accounting’s Hidden Talent Risk: The Sandwich Generation | Built Fast. Sold Faster. Broken Later? The Truth About Accounting Tech | Recognize When You Need to Recharge Before You Burn Out | Valuing More Than the Balance Sheet

The firm owner sees the process as an apprenticeship that helps students bridge the gap between an individual tax course and real-world preparation. Shimamoto sees value in teaching interns how information moves from source documents to a completed return. Mason agrees with the objective but challenges the method.

“From a holistic learning exploration, sure, yes, that is a way to learn,” Mason says. “From a where-we-are-today perspective, I think that’s a giant disservice to these interns.”

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Can Gen Z and Boomers Speak the Same Business Language? | ARC

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As workplace language evolves, effective professionals know their audience and adapt their message.

Sponsored by Radical Pricing by the Radical CPA, Jody Padar | See Today’s Special Offer

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Optimize Profits, Delight Clients, & Build a Top-Value Firm!

Accounting ARC
With Byron Patrick, Donny Shimamoto and Liz Mason
Center for Accounting Transformation

Every generation enters the workplace speaking a slightly different language.

For Generation Z, that language may include phrases such as “delulu,” “mid” and “fire.” For earlier generations, the dated vocabulary might sound different, but the underlying challenge remains familiar: How do people bring their authentic voices to work while still communicating professionally?

MORE Accounting ARC: Accounting Internships Need an Upgrade | The CPA Career Nobody Talks About | Conference Season Exposes Accounting’s Knowledge Gap | The Feedback Mistake That Costs You Your Best People | Is Your Boss Really the Problem? | Most Accountants Are Missing This AI Shift | AI Can Fix Your Workflow—or Break It in Seconds | Efficiency Is the Wrong Goal for AI | Accounting’s Hidden Talent Risk: The Sandwich Generation | Built Fast. Sold Faster. Broken Later? The Truth About Accounting Tech | Recognize When You Need to Recharge Before You Burn Out | Valuing More Than the Balance Sheet

In this episode of the Accounting ARC podcast, Donny Shimamoto, CPA.CITP, CGMA; Byron Patrick, CPA.CITP; and Liz Mason, CPA, examine the supposed language barrier separating Generation Z and baby boomers — and question whether it is really as new or insurmountable as some portray it.

Their conclusion is less about memorizing the latest slang and more about developing an essential power skill: adaptability.

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Rachel Farris: The CPA Career Nobody Talks About | ARC

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The next generation is blending entrepreneurship, AI, and advisory into careers that barely existed a few years ago.

Sponsored by Radical Pricing by the Radical CPA, Jody Padar | See Today’s Special Offer

Subscribe to CPA Trendlines podcasts anywhere: Apple, Google/YouTube, Spotify, iHeart, Deezer, Amazon Music, Audible, Player FM, Audacy, RSS.

Optimize Profits, Delight Clients, & Build a Top-Value Firm!

Accounting ARC
With Donny Shimamoto
Center for Accounting Transformation

For decades, the accounting profession has followed a familiar script: earn a CPA license, join a firm, climb the ladder and perhaps become a partner.

Rachel Farris, CPA, MBA, is proving there is another way.

After building a highly specialized tax advisory practice serving U.S. citizens relocating to Puerto Rico, Farris launches Tax Stack AI, a company that helps accounting firms implement artificial intelligence securely and strategically.

MORE Accounting ARC: Conference Season Exposes Accounting’s Knowledge Gap | The Feedback Mistake That Costs You Your Best People | Is Your Boss Really the Problem? | Most Accountants Are Missing This AI Shift | AI Can Fix Your Workflow—or Break It in Seconds | Efficiency Is the Wrong Goal for AI | Accounting’s Hidden Talent Risk: The Sandwich Generation | Built Fast. Sold Faster. Broken Later? The Truth About Accounting Tech | Recognize When You Need to Recharge Before You Burn Out | Valuing More Than the Balance Sheet

She has since sold her CPA practice to focus on AI consulting and education, demonstrating that today’s accounting professionals can create careers far beyond traditional public accounting.

In this episode of Accounting ARC, Donny Shimamoto, CPA.CITP, CGMA, founder and managing director of IntrapriseTechKnowlogies LLC and founder and inspiration architect for the Center for Accounting Transformation, sits down with Farris to explore entrepreneurship, AI, networking and the expanding possibilities available to CPAs willing to embrace change.

Their conversation becomes less about one accountant’s journey and more about the profession’s future.

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