The Fun CPA Podcast

Real Talk: AI Is Not As Important as You Think in Accounting

Yuri Kapilovich, CPA

It’s the one big thing on everyone’s mind.
 
 A.I.
 
 This week’s guest has all the answers to your questions both hopeful and bleak. Chad Davis is the co-founder and partner of LiveCA LLP – and a self-proclaimed AI and automation geek.
 
 Yuri and Chad discuss the AI of it all – it’s application in firms that are both tech averse and those that may be too tech-eager. They also investigate some situations where AI may not be the right answer, as well as how you can be a better shopper when it comes to new software.
 
 For those of you with your own firms, or working on your own, this episode provides a great look into what your initial position should be and how bought in you are on this part of the future.
 

Episode Highlights:

 

0:00 - Intro

0:51 - Meet Chad Davis

4:15 - How Chad’s first firm “broke” and what he changed

8:32 - AI use in the industry

10:52 - “Leaning away” from AI

14:06 - When should you consider AI?

20:30 - Security issues

27:09 - Tax OCR software

37:40 - Recommendations for the tech-averse

44:58 - Chad’s favorite conference

47:46 - How you can reach out to Chad (and who should)

49:16 - Episode wrap-up

 

 

ABOUT HOST YURI KAPILOVICH

 

Yuri, aka #thefuncpa, has been in the accounting profession for over 15 years and has seen, first hand, the challenges the profession brings. After seeing that no firm was fitting the bill, Yuri set out to do things his own way with his firm K&A and the journey began with LinkedIn posting at the front end. 

 

Yuri is proud to bring you #thefuncpa podcast highlighting the fun and all the amazing opportunities our profession can bring us all. 

 

CONNECT WITH YURI KAPILOVICH

 

LinkedIn: https://www.linkedin.com/in/ykapilovich/

 

Website: https://www.thefuncpa.co/

 

CONNECT WITH CHAD DAVIS

 

LinkedIn: https://www.linkedin.com/in/chaddavis1/

 

Website: https://www.liveca.ca/