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Episode 175 - AI, Intuit Upheaval, and the Future of Accounting - The Woodard Report Podcast

The Woodard Report Podcast · 2026-06-10 · 37 min

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Episode notes

On this episode of the Woodard Report podcast, Heather and Joe talk about major developments shaping the accounting profession, including Intuit's dramatic stock decline, workforce layoffs tied to AI adoption, and the launch of ChatGPT Finance. They also explore how artificial intelligence is rapidly transforming professional services, emphasizing the need for accountants to embrace change by leaning into human-centered skills like judgment, relationships, and advisory work. Along the way, they share productivity strategies, discuss the dangers of "not us" thinking around AI disruption, and spotlight a successful bookkeeping professional building a high-value, relationship-driven practice. Current events - Intuit's Stock Plunge and other troubles Ted Callahan, former head of accountant channel at Intuit, is now deputy CTO at Sage TV/Movie quote of the week - The Incredibles Project Hail Mary Excellent Thing We Learned - The rule of three Not-Us Thinking Member spotlight - Michael McClellan of Aurora Bookkeeping & Consulting The Woodard Report article of the week - Lock It Down, Write It Down (Intuit Security for Firms) Thank you to our show sponsor, Digits!

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