About this episode
Sponsors ONCE Accounting: https://cloudaccountingpodcast.promo/once a2X: https://cloudaccountingpodcast.promo/A2X LiveFlow: https://cloudaccountingpodcast.promo/liveflow Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Show Notes 02:33 – David’s QBO Troll https://twitter.com/davidleary/status/1499514128435531800 08:26 – Are the big firms falling apart? 09:59 – The Big Firm Biz Model 13:03 – Is this model sustainable? 14:29 – Why Blake moved to tech 17:06 – Remote work changed everything 18:21 – Can accounting jobs be more meaningful? 20:27 – Accounting standards haven’t changed in 100 years 22:52 – Companies and investors don't care about the financial numbers like they used to. The metrics are changing. 26:39 – People want a meaningful job 28:45 – Lifestyle spending accounts - what are they? 31:45 – Schools aren't teaching accounting students about other opportunities 35:18 – ‘I spent 5 hours on the phone’: Woman exposes TurboTax for taking thousands of her tax return in viral TikTok https://www.dailydot.com/debug/tiktok-tax-return-turbotax/ 36:38 – TPG refund https://ttlc.intuit.com/community/after-you-file/discussion/tpg-refund/00/2511328 39:56 – DIY vs. tax pro: How taxpayers choose https://www.accountingtoday.com/news/study-finds-tax-software-users-prioritize-cost-and-paid-preparer-users-prioritize-accuracy 41:53 – Working with tax organizers needs to be easier - bad customer experience 44:11 – Companies need to raise their prices and focus on customer experience instead of speed 46:29 – AICPA & CIMA stand with the people of Ukraine https://www.fm-magazine.com/news/2022/mar/aicpa-cima-ukraine-statement.html 49:11 – Ex-Big 4 Partner On Why the Big 4 Firms Should Pull Out of Russia: 'It's the Right Thing to Do and You Know It' https://www.goingconcern.com/ex-big-4-partner-why-big-4-firms-should-leave-russia/ 50:31 – Visa and Mastercard Suspend Russian Operations https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-03-04/card/visa-and-mastercard-suspend-russian-operations-LAhp94TyXAXrNzaILwz5 51:05 – Spoils of War? Ukraine Says No Taxes Due on Captured Russian Tanks https://www.cpapracticeadvisor.com/tax-compliance/news/21259037/spoils-of-war-ukraine-says-no-taxes-due-on-captured-russian-tanks 52:51 – KPMG set to drop some clients over Russian sanctions https://www.accountingtoday.com/articles/kpmg-set-to-drop-some-clients-over-russian-sanctions 53:05 – Grant Thornton Drops Its Russian Affiliate Over Conflict In Ukraine https://www.goingconcern.com/grant-thornton-drops-its-russian-affiliate-over-conflict-in-ukraine/ Big 4 Firms Condemn Russia's Invasion of Ukraine, But Will They Sever Relationships With Any Russian Clients? (UPDATE) https://www.goingconcern.com/big-4-firms-condemn-russias-invasion-of-ukraine-but-will-they-sever-relationships-with-any-russian-clients/ 54:09 – Voicemail from Jack Thiel – Talking startups, etc. in accounting 57:06 – Voicemail from Joe Cangelosi – Leaving accounting 01:02:05 – Jacob I. Oberlander, CPA on Twitter: "@BlakeTOliver We're not charging by the hour and not billing by the hour. But we're still tracking time. https://twitter.com/JacobOberlander/status/1498320967331983361 01:04:01 - Technology has changed the way time is measurable for work success Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes , or Podchaser . Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus , and NOW, you can see our smiling faces on Instagram ! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040 Need Accounting Conference Info? Check out our new website - accountingconferences.com Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: