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SHOW SUMMARY: In this episode of The Soul of Enterprise, hosts Ron and Ed welcome back Greg Kyte, a CPA, MBA, and stand-up comedian renowned for his unique blend of accounting expertise and humor. As the G. Robert Newhart Non-value-added Fellow at the VeraSage Institute, Greg has been performing stand-up comedy since 2002 and is the creator of "Exposure Drafts," a cartoon series for the accounting profession. He also co-hosts the podcast "Oh My Fraud" with Caleb Newquist, where they explore financial fraud cases with an irreverent twist. In this lively discussion, they delve into the art of humor in business, the intersection of comedy and accounting, and the importance of engaging content in professional education. Greg shares insights from his experiences as a comedian and educator, offering valuable perspectives on making complex subjects accessible and entertaining.
ABOUT GREG KYTE
Greg Kyte is the G. Robert Newhart Non-value-added Fellow at VeraSage Institute.
In 2016 I started Exposure Drafts, a cartoon series for the accounting profession. My cartoons have been featured on GoingConcern.com, and I've created custom cartoons for Intuit and the Thriveal CPA Network. My cartoons are also available as holiday cards from RuBook Creative (rubookcreative.com).
I've been performing stand up comedy since 2002, and I've brought that experience, energy, and humor to the stage as the emcee for Xero's Xerocon and Thriveal's Deeper Weekend conference, and this October to Gusto's Gusto Next conference.
My experience as a comedian and as a teacher (I taught junior high math for ten years in a former life) have allowed me to create entertaining, engaging, NASBA-certified CPE content. Literally tens of thousands of CPAs have attended my fraud and behavioral ethics courses on the CPA Academy and Encoursa platforms. I've also created custom CPE content for Gusto and Xero.
I'm also a licensed CPA in the State of Utah where I'm the controller for a group of medical office buildings.
SHOW NOTES
Segment one
For the last 5 years, Greg Kyte has been joining us for our Christmas episode. He's back and he's hoarding medicine from the local pharmacy which makes total sense (or none at all).
Greg has been a part of a few hilarious videos over the years. Check out Bob’s BBQ: https://www.youtube.com/watch?v=OJv5xIFcRXU
Some other great videos from Greg: Great Moments in Value Pricing History part I: https://www.youtube.com/watch?v=kU-XJzRINIk
Great Moments in Value Pricing History part II: https://www.youtube.com/watch?v=Ky307jkr8dE
Exclusive breaking news on The Soul of Enterprise: Greg Kyte will be stepping away from Oh My Fraud! beginning in 2025. He very much enjoyed it and expands on some of the reasons in segment one of the show today.
Segment two
Here’s another great video mentioned by Greg Kyte today: Billable Hour Scratch & Win https://www.youtube.com/watch?v=3EaVMhENXVM
Rita Crundwell was the subject of an episode of Oh My Fraud! President Biden just commuted her sentence. https://ohmyfraud.com/episodes/dont-look-a-fraud-horse-in-the-mouth
So how did Rita Crundwell end up getting caught? It started when she took a vacation and her subordinate raised a flag (not knowing what they were stumbling into).
From Greg Kyte today: “So often these people who perpetrate frauds are people who have developed trust over a period of time.”
Segment three
Did you know that Greg Kyte and Caleb Newquist did an episode of Oh My Fraud! about Greg’s workplace early in his career??? https://ohmyfraud.com/episodes/financial-foul-play-a-true-tale-from-greg-s-workplace
“It's not unethical to drive faster than 55 miles an hour, but at one point it was illegal to do so. That's the clearest example when we get to talking about morals versus ethics.” —Greg Kyte
From Greg today on the difference between ethics and morals: Ethics are, “Am I doing something that's wrong?” Morals are, “Am I doing the right thing?”
From ChatGPT: Think of morals as your personal sense of right and wrong, your internal compass. Ethics are more like the rules or guidelines for behavior in a group, profession. or society.
Segment four
A book discussed on the show: “Would You Kill the Fat Man?: The Trolley Problem and What Your Answer Tells Us about Right and Wrong” https://www.amazon.com/gp/product/0691154023/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0691154023&linkCode=as2&tag=verainst-20&linkId=EDZV2KLDBF2CRXSI
“Utilitarianism: the whole idea of the greatest good for the greatest number. That's very hard to argue against from a philosophical standpoint.” —Greg Kyte
Towards the end of the show, Ron and Greg had a conversation about backing into religion to defend an ethical position. You should listen because X/Twitter is really not the place for this. :)
A big THANK YOU to Greg Kyte for joining us today. He’s our annual Greg “Kris Kringle” Kyte guest once again!
Bonus Content is Available As Well
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