Two future career paths for accountants, how billable hours drive away Millennials, and more

Show Notes New Bank Feeds using Tokens — Insightful Accountant — This overhaul provides a faster and more reliable method for connecting with your bank so that your account transactions stay up to date with fewer sync errors. Initially, three banks agreed to participate in the new connection type; Chase, Wells Fargo and Bank of America. China Tariffs Threaten Cloud Costs — Wall Street Journal — The Trump administration’s proposed tariffs on $200 billion of Chinese goods includes levies of up to 25% on routers, switches and servers that will raise prices for cloud services in the U.S. According to this Wall Street Journal article, a 10% levy on these imports would slow U.S. economic output by $163 billion over the next 10 years, while a 25% levy would slow output by $332 billion. Tired of Excel hell during planning cycle? Sage Intacct reveals acquisition — Enterprise Times — Sage has announced the release of its own budgeting and planning application for small to midsize businesses. Budgeta is now rebranded Sage Intacct Budgeting and Planning. AI And Machine Learning Could Empower Your Accounting Career Path — Forbes — Levi Morehouse of Ceterus says that accountants "can either become communicators of critical business data and information, empowered to advise key stakeholders on business initiatives based on keen insight; or they can become experts in redesigning traditional industry processes to be more efficient by leveraging modern technology.” Leadership and Life Lessons from Amazon’s Jeff Bezos — Wall Street Journal — Amazon.com CEO Jeff Bezos tries never to schedule a meeting before 10 a.m. and likes to make a small number of high-quality decisions daily. PwC's Digital Accelerators program looks to future-proof staff — Accounting Today — In a constantly changing business environment, the Big Four firm is doubling down on education to prepare its employees. Focus on Billable Hours Drives Millennials Away — CPA Practice Advisor — The point of this article isn’t the age old question of billable hours vs. value pricing. The focus today is the value our people provide to our firms and how we measure that value in a way that doesn’t drive them away. She Didn’t Win Miss America, But Miss Missouri’s Appearance Was a Win for Accountants Everywhere — Going Concern — Miss Missouri, Katelyn Lewis, is a senior at Missouri Baptist University, receiving a BS in Accounting. Subscribe: Listen on iTunes Listen on Google Play