Why the Feds Just Called Accountants 'Non-Professionals'+ Is NVIDIA the Next Enron?
In this episode of FinTech Flo, we dive deep into some of the biggest controversies hitting the accounting and finance world right now.TOPICS COVERED:🔴 NVIDIA Fraud Allegations - Why investors like Michael Burry are comparing NVIDIA to Enron, circular financing concerns, and what ballooning accounts receivable really means⚡ The AI Bubble's Hidden Problem - How electrical power limitations could pop the AI bubble before it even gets started (and why data centers might not get built)💼 CFOs Rising Power - How the pandemic permanently changed the CFO role and why storytelling now matters more than ever🤝 CFO vs CIO: Who Owns AI? - The battle over AI implementation and why accounting teams should lead (not IT)🚨 Federal Government Insult - Department of Education reclassifies accounting degrees as "NON-PROFESSIONAL" alongside nursing and teaching (yes, really)⚽ Napoli FC Fraud Case - European soccer's accounting scandal and inflated player valuations💰 $40M Embezzlement Scandal - Detroit CFO steals $40 million over 11 years - how did controls fail this badly?🧠 Gut Decisions vs Analysis - The science behind intuition and when to trust your gut in business.Hosts: Mike Whitmeyer (CEO, FloQast) & John Siegel#accounting #nvidia #ai #fraud #cfo #fintech #FloQastThere’s lots you can do in your career with an accounting background - we’re hiring! Learn more at www.floqast.com/careers Want to watch? Head over to www.youtube.com/floqast Produced by @FloQastStudioshttps://www.youtube.com/floqaststudios https://www.instagram.com/floqaststudios https://www.twitter.com/floqaststudios
The $3.8M NBA Fraud, AI's Dirty Secret & The Dodgers as a Tech Startup
FinTech Flo is back! Our top stories...The AI bubble is here, and the circular funding schemes look eerily similar to Enron. Plus: How an NBA executive allegedly stole $3.8 MILLION right under everyone's nose.🔥 WHAT WE COVER:- The circular funding powering OpenAI, Nvidia, and the AI tech bubble- Inside the $3.8M NBA embezzlement scandal - and how it was missed- Why the LA Dodgers operate like a Series B startup (and it's working)- The segregation of duties failure that cost an NBA team millions- New CPA exam changes and why accounting is evolving- AI hallucinations and why you NEED human oversight💼 ABOUT FLOQAST: FloQast won Best FinTech Solution at the Codie Awards for FloQast Transform - our platform that lets accountants build AI agents in natural language. Learn more and get your FREE FloQast Certified Accountant (FCA) credential: learn.floqast.com👥 HOSTS: John Siegel - Senior Content Marketing Manager, FloQastMike Whitmire - Co-Founder & CEO, FloQast | Former CPA🏆 Featured: FloQast Transform, FCA Certification Program, AI in Accounting, Professional Skepticism in the AI EraThere’s lots you can do in your career with an accounting background - we’re hiring! Learn more at www.floqast.com/careers Want to watch? Head over to www.youtube.com/floqast Produced by @FloQastStudioshttps://www.youtube.com/floqaststudios https://www.instagram.com/floqaststudios https://www.twitter.com/floqaststudios
CPAcon, A Gaming Convention for Accountants! Is This The Future?! - Ep. 40
In this FinTech Flo Season 2 final guest episode, Drew Carrick, CPA is joined by Kendale King, CPA, a leading figure in the accounting thought leadership space and the founder of CPAcon, which is having its first ever conference in Los Angeles on December 3, 2024. The two discuss the gamification of education and overall accounting pipeline awareness campaign that CPAcon is designed to address, as well as the content that FloQast Studios creates. In addition, they touch on automation, disruptive technology, A.I., best practices for firm leaders, and the future of CPE!If you’re interested in attending CPAcon, and meeting both Drew and Kendale, head on over to www.thecpacon.com This episode and all FinTech Flo episodes are available for CPE credit over at FloQademy and on the Earmark app (links below!)Earn CPE credit while you watch, along with a bunch of other high quality, engaging, and entertaining CPE eligible video content for free as a member of FloQademy! https://learn.floqast.com/ or via the Earmark app! https://www.earmark.app/@fintechflo There’s lots you can do in your career with an accounting background - we’re hiring! Learn more at www.floqast.com/careers Want to watch? Head over to www.youtube.com/floqast Produced by @FloQastStudioshttps://www.youtube.com/floqaststudios https://www.instagram.com/floqaststudios https://www.twitter.com/floqaststudios
Let’s Get Fiscal and Make Some Bets on the Future - Ep. 39
Join Drew Carrick, the Rapping CPA, as he sits down with Kristen Gayoso, Senior Director of Finance at SimpleBet, and creator of Let's Get Fiscal for an engaging episode of the FinTech Flo. The duo dives into the world of accounting, exploring topics such as navigating the complexities of CPE requirements, the decision-making process of leaving public accounting for industry roles, and the journey of building a finance department from the ground up at a startup. They discuss the impact of automation on accounting jobs, maintaining work-life balance, and the evolution of accounting content on social media. Don't miss out on their take on the future of busy seasons and some fun accounting memes that hit close to home!This episode and all FinTech Flo episodes are available for CPE credit over at FloQademy and on the Earmark app (links below!)Earn CPE credit while you watch, along with a bunch of other high quality, engaging, and entertaining CPE eligible video content for free as a member of FloQademy! https://learn.floqast.com/ or via the Earmark app! https://www.earmark.app/@fintechflo Follow Kristin @lets_get_fiscalThere’s lots you can do in your career with an accounting background - we’re hiring! Learn more at www.floqast.com/careers Want to watch? Head over to www.youtube.com/floqast Produced by @FloQastStudioshttps://www.youtube.com/floqaststudios https://www.instagram.com/floqaststudios https://www.twitter.com/floqaststudios
Welcome to the FinTech Flo!
There’s shows about finance and there’s shows about technology, but there aren’t many shows about finance technology; and there’s almost none specifically made for accounting and finance professionals at the corporate level!Well I’ve never been one to do what everyone else does. I’m Drew Carrick, and I love putting together two things that haven’t been put together before - that’s how I became The Rapping CPA. And that’s how I became the host of the FinTech Flo, a FloQast Studios production that involves talking through trending and impactful themes from the finance, accounting, and technology sectors with top industry thought leaders and experts to commentate on what it all means for professionals at the corporate level.The coolest part about this podcast, is that if you’re a CPA like me, you can head over to FloQademy.com to earn CPE credit for listening to the show! All FloQademy courses are paid for by FloQast, making them completely free to you. New episodes come out twice per month - enjoy the podcast!There’s lots you can do in your career with an accounting background - we’re hiring! Learn more at www.floqast.com/careers Want to watch? Head over to www.youtube.com/floqast Produced by @FloQastStudioshttps://www.youtube.com/floqaststudios https://www.instagram.com/floqaststudios https://www.twitter.com/floqaststudios