Entry Level Auditor Jobs Fall 43% & the AI Workslop Heading Downstream

Blake and David examine the growing threat of AI-generated fake receipts, with 32% of accountants unable to recognize fraudulent documents and 30% reporting an increase in fraud since last year. They also discuss the concerning decline in entry-level auditor positions (down 43% since January) as firms adopt AI automation, while nearly half of accounts payable professionals now fear layoffs and also explore the concept of "work slop"—low-quality AI-generated work costing businesses nearly $200 per employee monthly—and debate whether firms should require clients to use standardized technology stacks, with only 37% currently doing so.

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Chapters

• (01:43) - Headline Story: Tech Stack Adoption in Accounting Firms
• (03:05) - Survey Insights: Tech Stack Usage in Firms
• (07:15) - AI's Impact on Entry-Level Jobs
• (13:55) - The Rise of 'Work Slop' and Its Costs
• (20:44) - AI and Automation in Accounting
• (25:08) - Human-in-the-Loop Automation with Zapier
• (28:22) - AI in Tax Research and IT Blockers
• (30:51) - Competitive Moats and Custom Bots
• (32:26) - Exciting Changes in CPE Standards
• (34:59) - Drake Software's Cloud-Based Tax Solution
• (43:06) - State Department Embezzlement Scandal
• (44:59) - Trump's Tariff Announcements
• (50:28) - H-1B Visa Fee Increase
• (56:20) - Conclusion and CPE Information

 

Show Notes

32% of accountants can't recognize AI-generated fake receipts 

https://www.accountingtoday.com/news/32-admit-they-cannot-recognize-ai-generated-fake-receipts

Entry-level auditor job postings fell 43%, per Randstad 

https://www.accountingtoday.com/news/entry-level-auditor-job-postings-fell-43-per-randstad

AI-Generated "Workslop" Is Destroying Productivity 

https://hbr.org/2025/09/ai-generated-workslop-is-destroying-productivity

97% say CPA firms not using tech efficiently says survey 

https://www.accountingtoday.com/news/97-say-cpa-firms-not-using-tech-efficiently-says-survey

CPA.com & BILL Growth Survey: How Firms Plan to Stay Ahead 

https://www.bill.com/blog/cpa-and-bill-growth-technology-survey

AP Pros Face Growing Layoff Concerns and See Automation as a Career Lifeline 

https://www.cpapracticeadvisor.com/2025/09/11/ap-pros-face-growing-layoff-concerns-and-see-automation-as-a-career-lifeline-2/168818/

Get more control over your workflows with Human in the Loop! 

https://help.zapier.com/hc/en-us/articles/38838619533069-Get-more-control-over-your-workflows-with-Human-in-the-Loop

54% use AI in tax research, but search engines remain prominent 

https://www.accountingtoday.com/news/54-use-ai-in-tax-research-but-search-engines-remain-prominent

Drake Software Introduces Drake Tax Online 

https://www.cpapracticeadvisor.com/2025/09/24/drake-software-introduces-drake-tax-online/169572/

Drake Software Launches Drake Tax Online: Powerful, Flexible Tax Software in the Cloud 

https://www.prnewswire.com/news-releases/drake-software-launches-drake-tax-online-powerful-flexible-tax-software-in-the-cloud-302566087.html