The FinTech Flo

As the 2023 year enters the final stretch, the work-life balance conversation is tracking to become the major talking point of 2024, specifically as it relates to the push for Return-to-Office. This could be a significant factor in the culture of work as a whole, especially in the accounting profession which is showing the lowest numbers entering the industry in recent history. Addressing the pipe...

Spooky Season Is A Going Concern We are deep into October, which means the spooky season is in full swing - naturally, along with that comes a growing going concerning section. On this episode, the compliance versus advisory services get some clarification above the noise that circulates the accounting profession, the current financial landscape gets opened up by borrowing tactics and start-up ris...

The Accountant Pipeline to the Future of Work Voices from the accounting industry, especially the large organizations with many letters in their acronyms, are getting loud as the size of the workforce itself gets smaller. On this episode, we dive into what causes people to leave jobs they enjoy, how the future of internal auditors is being shifted by the PCAOB, and why the workforce pipeline probl...

The Wild West of Accounting The accounting world is looking a bit like the wild west on this episode of the FinTech Flo. We tackle the basic updates, like FASB finally creating regulations around crypto asset reporting. But things quickly unravel as we touch on the collapse of a Chattanooga accounting firm and their shady chairman, a return-to-office debate on Reddit, a new company hoping to reduc...

What To Love About Accounting & An Industry Recap The highlight of this episode is… we asked the accounting subreddit, and they responded with the things they LOVE about working in accounting! Between new FASB policies and regulations, PCAOB actions, and a shifting landscape of the type of work needing accounting professionals, this end of summer FinTech Flo episode is the perfect recap for th...

Accounting For Soccer and Expanding the Scope of Audit Back in the studio in LA, Drew hosts FloQast’s Accounting Brand Evangelist Stefan van Duyvendijk to discuss accounting behind the soccer industry, or futball as they say in Europe, as well as the expansion of the audit role if a new PCAOB proposal is enacted. Of course, there’s always some fun memes and Reddit posts along the way. You don’t wa...

Summer Economic Loving and The Next Accounting Prodigy Coming to you live from both the East and West Coasts, this remote episode 12 of the FinTech Flo is providing some good seasonal optimism! Drew and Mike discuss the Q2 results of the economy, encouraging financial news, and the next accounting prodigy. Even in this summer heat, there’s a lot of positive sunshine to soak up, as well as CPE cred...

Accounting, Professionals, And Interest All On The Move We kick off the second half of FY23 with Episode 11 (7/13/2023) of the FinTech Flo, where Mike and Drew discuss the hot start to summer! The markets are moving, interest rates appear to be as well; accounting firms like BDO are seeing growth, and the whole industry is shifting with longtime CPA Exam instructor star Pete Olinto leaving Becker!...

The Q2 Close, Countless Concerns, and Compliance Chat Halfway through the inaugural year of the FinTech Flo, on the 6/30/2023 episode, #10, Mike and Drew close out Q2 with some of the varying concerns that arose during the prior month, especially the things that happen when compliance falls through. Even amongst the concerns, they present great opportunities for compliance professionals and techno...

A.I. Continues to Accelerate Change and Compliance Importance Grows Another month, another AI integration into every facet of human society. On this episode of the FinTech Flo (Episode 9 - 6/15/23) Drew and Mike push beyond the headlines to shed some light onto how fast and impactful AI actually is, and why you can't just believe every media vanity piece out there. They also dive into complia...

Betting Big on Major Shifts Across All Industries It seems as though 2023 is the year of constant shifting, as changes in technology and consumer desires have forced different businesses and industries as a whole to reevaluate how they approach innovation and their revenue models. No market has been exempt from these changes, requiring adaption across the board. On this episode, Drew and Mike disc...

The Tech Economy, CPA Elevation, and Accounting Safe from A.I. (For Now) The accounting industry is all the buzz when it comes to impacts of A.I. With numerous groups testing out Chat GPT's ability to take tests, accountants are sitting pretty knowing it can't pass the CPA exam! Meanwhile, tech numbers may be indicating a flattening out of the economic recession, and the profession is co...

On this special episode of the FinTech Flo, Drew and Mike prompt ChatGPT to answer questions from the various sections of the CPA exam to see how it would perform, while also reviewing and answering the questions themselves. For questions that ChatGPT 3.5 could not answer, they asked ChatGPT 4.0 and commentated on the differences. Listen in on the questions and reactions on this special Episode 6...

The Controller's Guidebook and Accountants in the Spotlight The last couple weeks for accountants has been nothing short of EXCITING, as the profession looks towards space, possible changes to the 150 hour requirement become a real discussion, and PBC, the comedy show about accountants became nominated for a Webby Award. On top of all that the Controller's Guidebook was released, so Mike...

Accounting Guidance on Crypto, Banks Taking Heat, and TikTok With FASB hard at work trying to get accounting standards up to date on crypto and NFTs, banks and VCs taking a lot of slack after the SVB collapse, and overall economic and geopolitical swings, Drew and Mike dissect what's gone on over the last couple weeks, while having some fun poking fun at work culture.  Hear about TikTok, guid...

The Collapse of SVB - A Special Episode From The Inside What does the founder of a VC-backed tech start-up with millions deposited in SVB have to say about the what, why, and how behind the bank's collapse?!  On this special [breaking news] episode of the FinTech Flo, Mike and Drew dive deep into the SVB collapse, covering what happened, how it happened, why it happened, and what it means for...

Top Tech Trends, The Dark Side of A.I., and Danny Trejo On Episode 2 (3/9/23) of the FinTech Flo, Mike and Drew discuss the top tech and audit trends to be aware of for 2023, dive into the red flags for identifying a bad accountant, and evaluate the largest concerns in the profession currently. Some of these things include large public firm layoffs of advisory service line employees, as well as th...

Episode 1: Technology Made to Scale, Charging for Crying, and The Present State of A.I. On episode 1 of the FinTech Flo, Mike and Drew tackle industry news from the start of 2023, including the software upgrade transitioning process, ChatGPT and AI, FTX and the world of audit. They also commentate on a Reddit post and several Memes that have circulated the accounting and tech industries. At the en...