Blake and David examine the growing threat of AI-generated fake receipts, with 32% of accountants unable to recognize fraudulent documents and 30% reporting an increase in fraud since last year. They also discuss the concerning decline in entry-level auditor positions (down 43% since January) as firms adopt AI automation, while nearly half of accounts payable professionals now fear layoffs and also explore the concept of "work slop"—low-quality AI-generated work costing businesses nearly $200 per employee monthly—and debate whether firms should require clients to use standardized technology stacks, with only 37% currently doing so.
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Show Notes
32% of accountants can't recognize AI-generated fake receipts
https://www.accountingtoday.com/news/32-admit-they-cannot-recognize-ai-generated-fake-receipts
Entry-level auditor job postings fell 43%, per Randstad
https://www.accountingtoday.com/news/entry-level-auditor-job-postings-fell-43-per-randstad
AI-Generated "Workslop" Is Destroying Productivity
https://hbr.org/2025/09/ai-generated-workslop-is-destroying-productivity
97% say CPA firms not using tech efficiently says survey
https://www.accountingtoday.com/news/97-say-cpa-firms-not-using-tech-efficiently-says-survey
CPA.com & BILL Growth Survey: How Firms Plan to Stay Ahead
https://www.bill.com/blog/cpa-and-bill-growth-technology-survey
AP Pros Face Growing Layoff Concerns and See Automation as a Career Lifeline
Get more control over your workflows with Human in the Loop!
54% use AI in tax research, but search engines remain prominent
https://www.accountingtoday.com/news/54-use-ai-in-tax-research-but-search-engines-remain-prominent
Drake Software Introduces Drake Tax Online
https://www.cpapracticeadvisor.com/2025/09/24/drake-software-introduces-drake-tax-online/169572/
Drake Software Launches Drake Tax Online: Powerful, Flexible Tax Software in the Cloud
NASBA, AICPA release proposed revisions to CPE standards
NASBA, AICPA Release Exposure Draft of Proposed Revisions to CPE Standards
https://nasba.org/blog/2025/09/15/revisions-to-cpe-standards-2025/
H-1B FAQ
https://www.uscis.gov/newsroom/alerts/h-1b-faq
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