Why Historical Cost Accounting Is Broken (And What Could Fix It)
What if the very foundation of accounting is broken? In my latest Earmark Podcast episode, I explore this thought-provoking question with Tom Selling, an expert on SEC compliance, GAAP, IFRS, and more.
The $400 Million Question: Should Congress Eliminate the PCAOB?
The One Big Beautiful Bill Act eliminates the Public Company Accounting Oversight Board. Is this good for the accounting profession? The PCAOB costs $400 million a year. Is it worth it? In this episode of the Earmark Podcast, I seek answers to these questions from three of the nation's leading accounting academics.
"You Are Right to Be Worried" — A PE-backed Accounting Firm CEO's Honest Take
David Wurtzbacher explains how his "anti-rollup" model at Ascend helps accounting firms maintain independence while accessing enterprise resources.
Financial Success and Reality: What Americans Think vs. What They Earn
51% of Americans say they need $100,000-$250,000 yearly to feel financially successful. Yet only 13.2% of US households actually earn that much. That's a massive disconnect.
Firms Using AI Make More $, PCAOB Shutdown Fight, The Impossible Tariff Test
Firms using AI generate $45K more revenue per employee than non-adopters. Plus: How to protect yourself from AI voice scams, and why the "impossible" tariff test (with its 4% pass rate) might be your next career move.
Accounting's Uncomfortable Truth: We've Institutionalized Dishonesty
I joined Devon Coombs on his "Ambition, Aligned" podcast for what might be my most candid conversation yet about the accounting profession's biggest problems.
Beyond the Purchase: The Make-or-Break Integration Phase of Firm Acquisitions
Most buyers overinvest in the acquisition process and underinvest in what really matters - integration. This episode of Earmark Podcast dives deep into the critical post-acquisition phase of firm mergers.
Ramp Wants to Be the Federal Spend Card, Interview with Mark Koziel
Firms are telling CPAs not to use their credentials on LinkedIn, email signatures, or business cards. Why? We asked AICPA President Mark Koziel in our latest episode. Plus: Ramp's federal contract bid, tariff uncertainty, and the plan to kill the PCAOB.
DOGE proves the IRS can move 100x faster without red tape
DOGE fixed an IRS website login button in 71 minutes instead of 103 days, demonstrating how bureaucracy slows government progress. Their next target: modernizing IRS data systems.
The $350M tax evasion case every CPA should know about
Douglas Edelman struck gold with a $7 billion military contract during the war in Afghanistan. Now he’s in jail as one of America’s biggest alleged tax cheats.