What Does AI Mean and How Does It Relate to Accounting

The CFO Project

Welcome to The CFO Project Podcast, where host Adam Lean dives deep into the challenges and opportunities facing today’s accountants, CFOs, and firm owners. Each episode is designed to help you break free from the “accountant’s trap” by exploring strategies, tools, and insights that fuel sustainable growth. If you want to scale your firm, elevate your client relationships, and build a thriving advisory practice, this podcast is your go-to resource.

In this episode, Adam sits down with Chris Farrell, CEO of Liscio, to discuss how artificial intelligence is revolutionizing accounting and CFO advisory services. From eliminating tedious clerical work to enabling smarter client communication, Chris explains how AI will reshape firm efficiency and client value. They explore the difference between public and private AI models, the privacy risks firms need to watch out for, and how tools like semantic search and automated workflows can free accountants to focus on strategy and insight—not paperwork. If you’re curious about where the future of accounting is headed and how to position your firm for success, this conversation is a must-watch.