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What CBIZ Means for PE, Starbucks Kills Off AI Inventory Counting

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What CBIZ Means for PE, Starbucks Kills Off AI Inventory Counting

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Is private equity betting on the wrong accounting firms? Blake and David break down CBIZ’s stock slide, why investors may be losing faith in the traditional firm model, and how AI could help smaller firms compete far above their size. They also cover Starbucks ditching AI inventory counts, Microsoft reining in AI tool costs, and what all of it means for accountants navigating automation, pricing, and the future of firm growth.

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Show Notes

What Can We Learn from CBIZ?

https://www.accountingtoday.com/opinion/what-can-we-learn-from-cbiz


EisnerAmper on Accounting for AI

https://www.privatefundscfo.com/eisneramper-on-accounting-for-ai/


State Societies Merge to Form New England Society of CPAs

https://www.accountingtoday.com/news/state-societies-merge-to-form-new-england-society-of-cpas


Starbucks Kills Off Its Automated Counting AI Tool After Just 9 Months

https://www.goingconcern.com/starbucks-kills-off-its-automated-counting-ai-tool-after-just-9-months-because-it-sucked-at-counting/


NASBA's CPA Exam Reporting Problems Are Improving, But Not Solved

https://www.accountingtoday.com/opinion/nasbas-cpa-exam-reporting-problems-are-improving-but-not-solved


Phoenix Built an Empire of Cubicle Jobs. AI Is Coming to Tear It Down.

https://www.wsj.com/economy/jobs/phoenix-jobs-ai-call-centers-1ca1c3b3


Why the A.I. Job Apocalypse (Probably) Won't Happen

https://www.nytimes.com/2026/05/03/opinion/ai-jobs-unemployment.html


Microsoft Cut Its Engineers Off from AI Because the Bill Got Too Big

https://fortune.com/2026/05/22/microsoft-ai-cost-problem-tokens-agents/


Does Your Firm Need an AI Architect?

https://www.accountingtoday.com/opinion/does-your-firm-need-an-ai-architect


Judge Reopens Trump's $10 Billion IRS Lawsuit

https://www.notus.org/donald-trump/trump-irs-suit-investigate-collusion


Newsom Vows California Will Impose 100% Tax on Trump's Anti-Weaponization Fund

https://abc7.com/post/newsom-vows-california-will-impose-100-tax-trumps-18-billion-anti-weaponization-fund/19188298/


AICPA Backs Bill Limiting Beneficial Ownership Reporting

https://www.accountingtoday.com/news/aicpa-backs-bill-limiting-beneficial-ownership-reporting


KPMG Australia CEO Andrew Yates Resigns Amid Whistleblower Scandal

https://www.internationalaccountingbulletin.com/news/kpmg-australia-ceo-andrew-yates-resigns-amid-whistleblower-scandal/


Xero FY26 Result: Revenue Surges 31% but Profit Dips Due to Melio Acquisition Costs

https://www.fool.com.au/2026/05/14/xero-fy26-result-revenue-surges-31-but-profit-dips-due-to-melio-acquisition-costs/

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