NVIDIA AI Funding Deal Has "Shades of Enron" & EY Speeds Audits 125%+

NVIDIA AI Funding Deal Has "Shades of Enron" & EY Speeds Audits 125%+

August 19, 2026 · 1h 10m · Episode 501

About this episode

Blake and David discuss the implications of NVIDIA's funding deal and the impact of AI on auditing practices.

Is AI creating an audit boom—or hiding the next Enron-style risk? Blake and David unpack NVIDIA’s $500 billion data-center financing plan, why Michael Burry sees warning signs, and how AI is speeding up audits while challenging existing standards. They also cover improved PCAOB inspection results, the end of BOI reporting, Tether’s long-awaited audit, QuickBooks Live’s overhaul, and practical AI workflows small firms can use today. Sponsors Digits - http://accountingpodcast.promo/digits OnPay - http://accountingpodcast.promo/onpay Thomson Reuters - http://accountingpodcast.promo/taxautomation Cloud Accountant Staffing - http://accountingpodcast.promo/cas Chapters (00:00) - AI Biggest Audit Shift (01:35) - Headlines And Sponsors (02:20) - Digits AI Ledger (04:02) - Nvidia Deal Explained (06:31) - Enron Echoes And SPVs (09:46) - Bubble Risks And GAAP (12:31) - EY Audit Efficiency Claims (15:25) - PCAOB Reports Debate (17:40) - OnPay Payroll Sponsor (18:53) - FinCEN Ends BOI (19:52) - Audit AI Adoption Stats (21:08) - PCAOB Must Set AI Rules (25:52) - Quarterly Reporting Comments (29:17) - Tether Finally Audited (33:17) - Thomson Reuters Tax Automation (35:07) - Ancient Rome Tax…

People in this episode

Hosts: Blake Oliver, David Leary

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Sponsors

Digits, OnPay, Thomson Reuters, Cloud Accountant Staffing

Mentioned in this episode

Organizations: NVIDIA, EY, PCAOB, Tether, QuickBooks Live

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