Episodes

20h ago

Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas Relay - http://accountingpodcast.promo/relay OnPay - http://accountingpodcast.promo/onpay Chapters (00:47) - Jeffrey Epstein's CPA and Lawyer (03:10) - Wall Street Journal Article on Epstein's Associates (05:58) - Discussion on Epstein's Financial Operations (14:25) - Trump's Executive Order on Cannabis Businesses (18:16) - Tax Implications for Gambling and Prediction Markets (20:47) - IRS Criminal Investigations Unit Record Year (25:13) - Lawyer Sues IRS to Recognize Dog as Dependent (28:09) - Trump's New US Tech Force (29:27) - Trump's Hiring Plans and Tech Startups (30:22) - Startup Fraud in Tax Accounting (34:23) - Intuit and Circle Partnership (36:38) - AI and Stablecoin Payments (44:16) - AI's Impact on Accounting Jobs (51:24) - AI-Powered Fraud in Finance (55:59) - Closing Remarks and Announcements Show Notes The CPA and the Lawyer Who Served Jeffrey Epstein—and Control His Fortune and Secrets https://www.wsj.com/articles/the-cpa-and-the-lawyer-who-served-jeffrey-epstein-and-control-his-fortune-and-secrets Taking a gamble on prediction market taxation https://www.accountingtoday.com/news/taking-a-gamble-on-prediction-market-taxation Lawyer sues IRS to recognize pets as dependents https://www.accountingtoday.com/news/lawyer-sues-irs-to-recognize-pets-as-dependents SEC Charges Shiloh Luckey https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26424 The FBI is investigating a startup founder accused of using VC money to pay for her house and a Caribbean wedding https://techstartups.com/2025/12/16/the-fbi-is-investigating-a-startup-founder-accused-of-spending-5-5-million-in-vc-funding-on-a-house-and-caribbean-wedding/ Intuit taps Circle's USDC to add stablecoin payments across TurboTax and QuickBooks https://www.theblock.co/post/383184/intuit-circle-usdc-stablecoin-payments-turbotax-quickbooks Intuit and Circle Partner to Unlock the Future of Money Movement with Stablecoins https://investors.intuit.com/news-events/press-releases/detail/1292/intuit-and-circle-partner-to-unlock-the-future-of-money-movement-with-stablecoins AI Is Reshaping Accounting Jobs by Doing the "Boring" Stuff https://www.gsb.stanford.edu/insights/ai-reshaping-accounting-jobs-doing-boring-stuff Human + AI in Accounting: Early Evidence from the Field https://www.gsb.stanford.edu/faculty-research/working-papers/human-ai-accounting-early-evidence-field IRS-CI issues fiscal year 2025 annual report showcasing banner investigative results https://www.irs.gov/newsroom/irs-ci-issues-fiscal-year-2025-annual-report-showcasing-banner-investigative-results IRS Criminal Investigation uncovers $10.6B in financial crimes https://www.accountingtoday.com/news/irs-criminal-investigation-uncovers-10-6b-in-financial-crimes Dext warns businesses over losses from ChatGPT-style financial advice https://fintech.global/2025/12/18/dext-warns-businesses-over-losses-from-chatgpt-style-financial-advice/ ChatGPT tax advice already costing UK firms, say accountants https://itbrief.co.uk/story/chatgpt-tax-advice-already-costing-uk-firms-say-accountants Trump admin to hire 1,000 specialists for 'Tech Force' to build AI, finance projects https://www.cnbc.com/2025/12/15/trump-ai-tech-force-amazon-apple.html OPM Launches US Tech Force to Implement President Trump's Vision for Technology Leadership https://www.opm.gov/news/news-releases/opm-launches-us-tech-force-to-implement-president-trumps-vision-for-technology-leadership/ Double Raises $6.5 Million Series A from Album Ventures, Jack Altman, and Y Combinator to Double Accountants' Productivity https://www.businesswire.com/news/home/20251210027851/en/Double-Raises-$6.5-Million-Series-A-from-Album-Ventures-Jack-Altman-and-Y-Combinator-to-Double-Accountants-Productivity Zoho announces enterprise billing, spend management products https://www.accountingtoday.com/news/zoho-announces-enterprise-billing-spend-management-products Zoho Announces Zoho Spend and Zoho Billing Enterprise Edition https://www.businesswire.com/news/home/20251218170986/en/Zoho-Announces-Zoho-Spend-and-Zoho-Billing-Enterprise-Edition-Offering-Large-Businesses-Greater-Control-and-Flexibility-Over-Billing-Operations-and-Company-Spend-as-They-Scale AI giving scammers new tricks, enhancing old ones https://www.accountingtoday.com/news/ai-giving-scammers-new-tricks-enhancing-old-ones From secure to spooked: White-collar workers face rising job fears https://www.businessreport.com/article/from-secure-to-spooked-white-collar-workers-face-rising-job-fears

Dec 15

Will IRS agents have to watch OnlyFans to police the new “no tax on tips” deduction? Blake and David unpack the wild twist: a study showing that women-led audit teams deliver higher-quality work at lower fees, and why AI could finally kill the billable hour. They hit PCAOB’s AI/PE crackdown, KPMG’s AI exam cheating, AI‑written financial reports, Meta’s off‑balance‑sheet data center, the IRS Math Act, and new child investment accounts. Walk away with policy context and practical tech takeaways. Sponsors OnPay - http://accountingpodcast.promo/onpay ACFE - http://accountingpodcast.promo/acfe Cloud Accountant Staffing - http://accountingpodcast.promo/cas Chapters (01:15) - New Tax Deduction for Digital Content Creators (02:27) - IRS Agents and OnlyFans Content (04:39) - IRS Telework Policy Changes (06:15) - Earmark CPE and Listener Interaction (09:25) - President's Statement on Federal Income Tax (13:15) - IRS Math Act and Senator Justice's Tax Issues (16:03) - Trump Accounts and PCAOB Scrutiny on AI (24:20) - Audit Quality and Gender Diversity (28:30) - KPMG AI Cheating Scandal (30:51) - AI's Impact on Time Savings in Various Industries (32:56) - The Role of AI in Accounting and Its Limitations (34:26) - AI in Financial Reporting and Business Processes (36:44) - The Decline of the Billable Hour Due to AI (47:01) - Meta's Controversial Accounting Practices (50:56) - Pilot's New Partner Program for Accountants (58:58) - Conclusion and Final Thoughts Show Notes Coming soon! Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Dec 8

Are accountants no longer “professionals”? We unpack the DOE proposal that could slash grad loan limits—and what AICPA/NASBA plans to do about it. Plus: Deloitte’s AI-made citations, EY’s audit turnaround, PwC’s end‑to‑end AI audit ambitions, and OpenAI’s circular investment into accounting rollups. We also cover Xero’s new auto‑reconcile, Intuit’s small‑biz data ad play, and two practical wins: Google’s shared inboxes and unexpected networking tactics for landing that first job. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas ACFE - http://accountingpodcast.promo/acfe OnPay - http://accountingpodcast.promo/onpay Chapters (00:00) - Introduction and Podcast Overview (00:44) - Headline: Accountants No Longer Professionals? (02:18) - Department of Education's Proposal and Reactions (03:50) - Implications for Accounting Students and Professionals (09:28) - Deloitte's AI Work Swap Controversy (12:46) - EY's Audit Quality Improvements (20:56) - Economic Update: Tariffs and Job Market (34:02) - Circular AI Investments: A Closer Look (36:31) - AI Tools for Accountants: New Features (39:32) - Xero's New Pricing and AI Policies (49:13) - PWC's AI-Driven Audit Automation (52:39) - Google Workspace Shared Inboxes (55:49) - Dissolution of the Department of Government Efficiency (56:47) - Career Networking Tips for Accountants (01:01:16) - Outsourcing Talent: A Global Perspective Show Notes Department of Education Accounting Professional Degree Classification https://www.newsweek.com/full-list-degrees-professional-trump-administration-11085695 Accountants Inexplicably Deemed "Not Professional" Under OBBBA Student Loan Rules https://www.goingconcern.com/accountants-inexplicably-deemed-not-professional-under-obba-student-loan-rules/ Department of Education Unclassifies Accounting as a Professional Degree https://www.cpapracticeadvisor.com/2025/11/24/department-of-education-unclassifies-accounting-as-a-professional-degree/173875/ Deloitte allegedly cited AI-generated research in a million-dollar report for a Canadian provincial government https://fortune.com/2025/11/25/deloitte-caught-fabricated-ai-generated-research-million-dollar-report-canada-government/ Major N.L. healthcare report contains errors likely generated by A.I. https://theindependent.ca/news/lji/major-n-l-healthcare-report-contains-errors-likely-generated-by-a-i/ N.L. asks Deloitte to carry out review after 'incorrect' citations found in $1.6M provincial health plan https://www.cbc.ca/news/canada/newfoundland-labrador/nl-deloitte-citations-9.6990216 OpenAI's investment into Thrive Holdings is its latest circular deal https://techcrunch.com/2025/12/01/openais-investment-into-thrive-holdings-is-its-latest-circular-deal/ Thrive-backed accounting firm Crete to spend $500 million in AI roll-up https://finance.yahoo.com/news/thrive-backed-accounting-firm-crete-130200467.html Crete PA plans $500 million spend to buy and upgrade accounting firms with AI https://www.accountingtoday.com/news/crete-pa-plans-500-million-spend-to-buy-and-upgrade-firms-with-ai OpenAI takes an ownership stake in Thrive Holdings to accelerate enterprise AI adoption https://openai.com/index/thrive-holdings/ Trump Tariffs: The Economic Impact of the Trump Trade War https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/ IEEPA Tariffs Are Down from April Threats https://taxfoundation.org/blog/ieepa-tariffs-rates-down-april-threats/ Intuit SMB MediaLabs Audiences Now Available on The Trade Desk Platform https://investors.intuit.com/news-events/press-releases/detail/1288/intuit-smb-medialabs-audiences-now-available-on-the-trade-desk-platform-connecting-advertisers-with-small-and-mid-market-businesses Intuit SMB MediaLabs | Advertising Network https://medialabs.intuit.com/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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/AppleP...

Nov 28

Do money talks make your family squirm more than politics? In this Thanksgiving mailbag, Blake and David dig into a Bankrate survey on taboo money chats, the grim 2026 grad job market, and the maze of CPA experience sign-offs after NASBA’s program vanished. You’ll hear practical career advice (big firm vs. small, starting bookkeeping), what AI can and can’t do for accountants today, plus news on audit partners’ outlook and tariff shifts hitting grocery bills. Chapters (01:14) - Listener Mailbag: Top Messages of the Year (02:05) - Thanksgiving Dinner Conversations: Money vs. Politics (06:11) - Listener Questions: CPA Licensing Challenges (12:07) - NASBA Data Issues and CPA Exam Pass Rates (13:24) - Economic Optimism Among Audit Partners (17:22) - Political News: Tariff Rollbacks (19:03) - Career Advice for Accounting Students (26:47) - AI's Impact on Accounting Careers (27:34) - AI's Current Capabilities and Limitations (31:10) - Future of AI in Accounting (34:49) - Challenges in Accounting Education (40:51) - Listener Mail and Feedback (46:23) - Accounting News and Stories Show Notes Companies Predict 2026 Will Be the Worst College Grad Job Market in Five Years https://www.wsj.com/lifestyle/careers/2026-graduates-job-market-7928bcd7 Survey: Americans would rather discuss politics or religion than what's in their bank accounts https://www.bankrate.com/banking/financial-taboos-survey/ Audit partners feel more optimistic about economy https://www.accountingtoday.com/news/audit-partners-feel-more-optimistic-about-economy Trump lowers tariffs on coffee, beef and fruits, as Americans' concerns about affordability grow https://www.cnn.com/2025/11/14/economy/lower-tariffs-coffee-beef-bananas-produce Georgia Accountant Arrested After Allegedly Tearing Down Trump Sign, Shooting at North Carolina Man's House https://www.cpapracticeadvisor.com/2025/10/24/georgia-accountant-arrested-after-allegedly-tearing-down-trump-sign-shooting-at-north-carolina-mans-house/171649/ Measuring AI Ability to Complete Long Tasks https://metr.org/blog/2025-03-19-measuring-ai-ability-to-complete-long-tasks/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 22

Blake breaks down how AI can help with cost segregation and explains why AI currently works best on tasks that take humans 2-5 minutes. Michael Burry is betting against AI companies, claiming they're manipulating earnings by stretching server depreciation from 3-4 years to 5-6 years, adding billions to their bottom lines. Also covered: Intuit's $100 million annual OpenAI deal to integrate QuickBooks and TurboTax into ChatGPT, new bank evidence in the Rippling corporate espionage case, and a survey showing 10% of adults are acting on AI tax advice despite error rates up to 50%. Chapters (00:00) - Welcome to The Accounting Podcast (00:49) - Blake's Illness and Recovery (02:05) - Upcoming Topics (04:06) - Cost Segregation Explained (06:46) - AI in Cost Segregation (11:15) - AI's Current Capabilities and Limitations (19:10) - Intuit's OpenAI Deal (22:01) - Intuit's Strategy and Industry Implications (30:12) - Michael Burry's New Bet Against AI (31:21) - Depreciation and AI Companies (39:15) - Rippling vs. Deel: Corporate Espionage (42:44) - New Jersey's Alternative Pathways Bill (44:39) - AI's Role in Tax and Investing Advice (47:37) - Defining Audit Quality: PCOB's New Initiative (51:56) - FASB's Costly Lease Standard (56:13) - Ancient Accounting Systems in Peru (58:45) - Conclusion and Viewer Interaction Show Notes AI Is Now a First Stop for Tax and Investing Questions - CPAs Need a Playbook Fast https://www.cpapracticeadvisor.com/2025/10/29/ai-is-now-a-first-stop-for-tax-and-investing-questions-cpas-need-a-playbook-fast/171939/ 19% lost $100 or more on bad AI financial advice https://www.accountingtoday.com/news/19-lost-100-or-more-on-bad-ai-financial-advice Intuit to pay OpenAI over $100 million for model access, ChatGPT integrates with TurboTax https://www.cnbc.com/2025/11/18/intuit-pays-openai-100-million-turbotax-integrates-chatgpt.html Intuit Strikes $100M Deal to Bring TurboTax and QuickBooks Into ChatGPT https://www.eweek.com/news/intuit-100m-chatgpt-deal/ Intuit signs $100M+ deal with OpenAI to bring its apps to ChatGPT https://techcrunch.com/2025/11/18/intuit-signs-100m-deal-with-openai-to-bring-its-apps-to-chatgpt/ Intuit and OpenAI join forces on new AI-powered experiences https://openai.com/index/intuit-partnership/ 'Big Short' investor Michael Burry accuses AI hyperscalers of artificially boosting earnings https://www.cnbc.com/2025/11/11/big-short-investor-michael-burry-accuses-ai-hyperscalers-of-artificially-boosting-earnings.html Michael Burry Hits Back At Critics: Accuses AI Companies Of 'Suspicious Revenue Recognition' And Depreciation Gimmicks: 'Fraud, Not A Flywheel' https://www.benzinga.com/markets/hedge-funds/25/11/48967194/michael-burry-hits-back-at-critics-accuses-ai-companies-of-suspicious-revenue-recognition-and-depreciation-gimmicks-fraud-not-a-flywheel Fireside chat with PCAOB acting chair George Botic https://www.accountingtoday.com/opinion/fireside-chat-with-pcaob-acting-chair-george-botic New Banking Records Prove Deel Paid Thief Who Stole Trade Secrets from Rippling https://www.rippling.com/blog/new-banking-records-prove-deel-paid-thief-who-stole-trade-secrets-from-rippling Newly unsealed documents tie Deel to payments for alleged Rippling spy, while Deel points to witness incentives https://www.calcalistech.com/ctechnews/article/h1ysgtng11l FASB Says Certain Costs of Leases Standard Were Significantly Higher Than Expected https://www.cpapracticeadvisor.com/2025/11/20/fasb-says-certain-costs-of-lease-accounting-standard-were-significantly-higher-than-expected/173680/ FASB finds leases standard was costlier than expected https://www.accountingtoday.com/news/fasb-finds-leases-standard-was-costlier-than-expected NJ's once-stalled CPA licensing bill advances after 'surprise' vote https://www.cfodive.com/news/njs-once-stalled-cpa-licensing-bill-advances-surprise-vote-accounting/805589/ Indigenous accounting and exchange at Monte Sierpe ('Band of Holes') in the Pisco Valley, Peru https://www.cambridge.org/core/journals/antiquity/article/indigenous-accounting-and-exchange-at-monte-sierpe-band-of-holes-in-the-pisco-valley-peru/41D83389D230D99CFF18194CF274A9A3 Peru's ancient 'band of holes' mystery may be solved https://edition.cnn.com/2025/11/21/science/peru-band-of-holes-mystery Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podcha...

Nov 20

Earmark Media Presents a bonus episode of Earmark Podcast: Live from Boston on the final stop of the Advisory Amplified tour, Blake sits down with James Erving from Fathom and Chris Macksey from Prix Fixe Accounting to explore what advisory services really mean beyond bookkeeping and compliance. Chris shares how his firm requires advisory for all restaurant clients, using industry expertise and operational metrics to guide decisions on everything from menu pricing to expansion timing. The conversation covers the difference between delivering information versus being integral to decision-making, with insights on forecasting, benchmarking, and why visual KPIs help clients with low financial literacy understand their business performance. Meet Our Guests James Erving LinkedIn: https://www.linkedin.com/in/jameserving/ Learn more about Fathom Official website: http://fathomhq.com Chris Macksey LinkedIn: https://www.linkedin.com/in/cmacksey/ Learn more about Prix Fixe Accounting Official website: https://prixfixe.accountants/ Need CPE? Get CPE for this episode: https://earmark.app/c/2912 Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 18

Earmark Media Presents a bonus episode of Earmark Podcast: On the fifth stop of the Advisory Amplified tour in Atlanta, Blake sits down with Lisa Gilreath of Acuity and Valerie Heckman of OnPay to discuss what empathetic leadership actually looks like in an industry notorious for long hours and tight deadlines. The conversation covers everything from recognizing when team members are struggling to handling toxic high performers, with real talk about building slack into capacity planning and why unused PTO is a red flag. Lisa and Valerie share concrete steps for creating a culture where people feel supported enough to lean in when it matters most. Meet Our Guests Valerie Heckman LinkedIn: https://www.linkedin.com/in/valerieheckman/ Learn more about OnPay Official website: https://onpay.com Lisa Gilreath LinkedIn: https://www.linkedin.com/in/lisa-gilreath-2ba506a/ Learn more about Sorren Official website: https://sorren.com/ Need CPE? Get CPE for this episode: https://earmark.app/c/2909 Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 13

Earmark Media Presents a bonus episode of Earmark Podcast: Live from Austin on the Advisory Amplified tour, Blake sits down with Madeline Reeves of Fearless Foundry and Wesley McDonald of Relay to explore what it truly means to be a renegade in accounting: firms that lead clients to somewhere new rather than settle for "the way things have always been done." The conversation explores why top firms aren't afraid to say no to the wrong clients, how transparency in compensation and career pathways can address the talent crisis, and the hard-won lessons learned about building cultures of collaboration over competition. Meet Our Guests Madeline Reeves LinkedIn : https://www.linkedin.com/in/madelinefearless/ Learn more about Fearless Foundry Official website: http://www.fearlessfoundry.com Wesley McDonald LinkedIn: https://www.linkedin.com/in/wmcdonald48/?originalSubdomain=ca Learn more about Relay Official website: https://relayfi.com Need CPE? Get CPE for this episode: https://earmark.app/c/2880 Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 11

Earmark Media Presents a bonus episode of Earmark Podcast: Blake sits down with Mary Delaney, CEO of Karbon, and Kenji Kuramoto, co-founder of Acuity, to explore how standardizing workflows can unlock growth without sacrificing the artistry of advisory work. They discuss Karbon's acquisition of Aider, the power of time studies to identify automation opportunities, and why getting senior advisors to embrace process requires framing workflow as empowerment rather than micromanagement. Kenji shares lessons from building Acuity's advisory practice and why workflow due diligence became critical during their 14-firm merger with Sorren. Meet Our Guests Mary Delaney LinkedIn: https://www.linkedin.com/in/marywdelaney/ Learn more about Karbon Official website: http://karbonhq.com Kenji Kuramoto LinkedIn: https://www.linkedin.com/in/kenjikuramoto/ Learn more about Acuity Official website: https://acuity.co Need CPE? Get CPE for this episode: https://earmark.app/c/2877 Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 11

Is private equity eroding the soul of the accounting profession? Blake and David unpack NASBA’s PE task force, the BDO–First Brands meltdown, and why ‘appearance of independence’ matters. They also break down the end of IRS Direct File, Intuit’s TurboTax stores, the Supreme Court’s skepticism of Trump tariffs, and a new IRS notices law. Plus: AI agents that fall for scams. Learn what these shifts mean for firms, auditors, and your clients this tax season. Sponsors Relay - http://accountingpodcast.promo/relay BILL - http://accountingpodcast.promo/bill Cloud Accountant Staffing - http://accountingpodcast.promo/cas Chapters (00:00) - Welcome to The Accounting Podcast (01:16) - Viral Tweet and Personal Anecdotes (01:53) - Interview with Furloughed IRS Lawyer (05:45) - Government Shutdown Economic Impact (10:11) - Intuit's New Retail Stores and IRS Direct File Shutdown (14:30) - IRS Leadership and Controversies (17:28) - Trump's Pardons and IRS Math and Taxpayer Help Act (24:53) - Supreme Court Hearing on Tariffs (31:17) - Major Authority and the Power of the Purse (32:03) - AI Agents Falling for Scams (35:32) - NASBA's Private Equity Task Force White Paper (37:02) - Concerns Over Auditor Independence (49:10) - BDO and First Brands Scandal (01:02:35) - Wrap up and Final Thoughts Show Notes Longest Shutdown in History Costs U.S. Economy About $15 Billion Each Week https://www.cpapracticeadvisor.com/2025/11/05/longest-shutdown-in-history-costs-u-s-economy-about-15-billion-each-week/172368/ IRS tells states Direct File 'will not be available' in 2026 https://federalnewsnetwork.com/it-modernization/2025/11/irs-direct-file-will-not-be-available-in-2026-agency-tells-states/ Intuit to open 20 brick-and-mortar TurboTax stores+offices https://www.accountingtoday.com/news/intuit-to-open-20-brick-and-mortar-turbotax-stores-offices Social Security, IRS Leader Bisignano Panned After Fiserv Stock Tanks https://401kspecialistmag.com/social-security-irs-leader-bisignano-panned-after-fiserv-stock-tanks/ Trump Tariffs Face Supreme Court Challenge From Chicago Toymaker https://www.bloomberg.com/news/features/2025-11-02/trump-tariffs-face-supreme-court-challenge-from-chicago-toymaker Supreme Court justices appear skeptical that Trump tariffs are legal https://www.cnbc.com/2025/11/05/supreme-court-trump-trade-tarrifs-vos.html AICPA Applauds the Passage of the IRS Math and Taxpayer Help Act https://www.aicpa-cima.com/news/article/aicpa-applauds-the-passage-of-the-irs-math-and-taxpayer-help-act First Brands founder accused of looting company https://fortune.com/2025/11/05/first-brands-bankruptcy-founder-allegations-patrick-james/ Are Alternative Practice Structures in Private Equity Considerations and Questions for Boards of Accountancy (NASBA White Paper) https://nasba.org Microsoft Gave AI Agents Fake Money to Buy Things Online. They Spent It All on Scams https://decrypt.co/347709/microsoft-ai-agents-fake-money-buy-online-they-spent-scams Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Collective by DBA - https://collective.cpa/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 6

Earmark Media Presents a bonus episode of Earmark Podcast: Most accounting firms are dramatically underpricing their services, but the fear of losing clients keeps them stuck. Marie Greene and Ryan Embry join Blake for a live conversation in LA about spotting underpricing, having the repricing conversation, and why your worst clients are often the most price-insensitive. Plus, a live role-play demonstration of how to navigate a difficult pricing conversation. Meet Our Guests Ryan Embree LinkedIn: https://www.linkedin.com/in/ryan-embree-9463b286/ Learn more about Ignition http://ignitionapp.com Marie Greene, CPA LinkedIn: https://www.linkedin.com/in/mariegreene/ Learn more about Connected Accounting http://connectedaccounting.co Need CPE? Get CPE for this episode: https://earmark.app/c/2866 Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 5

Alicia Katz Pollock joins the show fresh from Intuit Connect with detailed notes on everything announced for QuickBooks Online and the accounting profession. The discussion covers Intuit's consolidation strategy to reduce reliance on third-party apps, the new tiered pricing structure for the Intuit Accountant Suite launching in 2026, and how AI agents are currently performing in bank feeds and transaction categorization. They also examine QuickBooks' move into CRM and marketing tools, the role of QuickBooks Live in Intuit's strategy, and what alternatives small businesses and accountants might consider. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas Rippling - http://accountingpodcast.promo/rippling BILL - http://accountingpodcast.promo/bill Chapters (00:00) - Introduction and Guest Welcome (00:56) - Intuit Connect Conference Overview (01:32) - Changes in QuickBooks and Intuit's Strategy (02:03) - AI Integration in QuickBooks (05:26) - The New Customer Hub and MailChimp Integration (06:54) - Concerns About AI and QuickBooks Ecosystem (12:10) - ProAdvisors' Role in the AI Era (19:44) - Addressing Reporting and Automation Issues (27:43) - The Future of QuickBooks Online Accountant (28:21) - New Features and Paid Tiers (29:24) - Intuit Accountant Suite Overview (30:40) - Core and Accelerate Versions (30:54) - Client Management and Dashboards (33:22) - Practice Management Tools (34:01) - Intuit's Market Strategy (38:04) - ProAdvisor and QuickBooks Live (40:31) - Quicken's Comeback (43:34) - AI and Automation in Accounting (53:52) - Intuit's Future Plans and Innovations (56:44) - Conclusion and CPE Information Listen and Subscirbe to The Unofficial QuickBooks Accountants Podcast! https://uqb.show/subscribe Connect with Alicia Katz Pollock! https://www.linkedin.com/in/aliciakatzpollock/ https://royalwise.com/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Collective by DBA - https://collective.cpa/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 4

Earmark Media Presents a bonus episode of Earmark Podcast: Recorded live in Seattle at the first stop of the Advisory Amplified tour, Blake sits down with Madeline Reeves (Fearless Foundry) and Lynette O'Connell (Burnout Bestie) to discuss the hard truths about burnout in accounting. Madeline shares how losing half her agency's revenue in 30 days forced her to stop trying to be likable and start building the business she actually wanted, while Lynette explains why nobody was coming to save her after scheduling overnight work shifts to keep up. They break down the three categories of burnout symptoms most accountants miss, why this profession attracts people whose love language is acts of service, and how to stop being the glue holding everything together. Connect with the Guests: Madeline Reeves LinkedIn : https://www.linkedin.com/in/madelinefearless/ Learn more about Fearless Foundry Official website: http://www.fearlessfoundry.com Lynette Oss Connell LinkedIn: https://www.linkedin.com/in/lynnette-oss-connell-cpa/ Learn more about Burnout Bestie Official website: https://www.burnoutbestie.com/ Need CPE? Get CPE for this episode: https://earmark.app/c/2858 Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 30

Blake and David cover BDO's legal threat against Going Concern over independence questions, Crowe hiring an investment bank to explore private equity options, and Trump pardoning Binance founder after the crypto venture made his family richer than their entire property portfolio. Plus, tariffs create a paperwork nightmare for small businesses, accounting ranked 90th out of 100 best jobs, a film production accountant who embezzled $2 million for Vegas stays and sugar daddy payments, and the Supreme Court hearing arguments on whether Trump's tariffs amount to an illegal $3 trillion tax. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas Rippling - http://accountingpodcast.promo/rippling Chapters (00:00) - Welcome to the Accounting Podcast Live from Intuit Connect (01:16) - Top Story: BDO vs. Going Concern (05:02) - The Fraud Triangle and Independence in Accounting (08:21) - BDO's Response to Allegations (18:02) - Accountants Rank 90th Best Job in the US (19:38) - Stablecoins and Treasury Management (20:28) - Trump Pardons Binance Founder (24:29) - Positive Hiring Outlook in Accounting (25:41) - Impact of Trump's Tariffs (28:44) - Challenges for Small Businesses Due to Tariffs (32:46) - Workplace Friendships and Pay Cuts (34:35) - App News: Keeper Rebrands to Double (37:53) - AI Adoption in Accounting (45:25) - Fraud in Film Production Accounting (48:15) - Private Equity in Accounting Firms (50:49) - Conclusion and Upcoming Events Show Notes A Message from CEO Wayne Berson to BDO USA Professionals https://www.bdo.com/insights/press-releases/a-message-from-ceo-wayne-berson-to-bdo-usa-professionals Auditor BDO Cuts Jobs With Focus on Managing Apollo Debt https://www.bloomberg.com/news/articles/2025-10-11/auditor-bdo-cuts-jobs-with-focus-on-managing-apollo-debt Accountants Hold the 90th Best Job in U.S. News & World Report's 2025 Ranking https://www.cpapracticeadvisor.com/2025/10/27/accountants-hold-the-90th-best-job-in-u-s-news-world-reports-2025-ranking/171733/ Accountant - Career Rankings, Salary, Reviews and Advice https://money.usnews.com/careers/best-jobs/accountant Trump pardons Binance founder Changpeng Zhao, aka "CZ" https://www.cnbc.com/2025/10/23/trump-pardons-binance-founder-cz-zhao.html The Accounting Firm Weighing Private-Equity Ownership After Years of Ignoring Calls https://www.wsj.com/articles/the-accounting-firm-weighing-private-equity-ownership-after-years-of-ignoring-calls-8b7377fc Crowe Ponders PE Investment Amid Middle Market Firm Shake-Up https://news.bloombergtax.com/financial-accounting/crowe-ponders-pe-investment-amid-middle-market-firm-shake-up The Disproportionate Effects of Declining Interest Within Different Accounting Fields: An Uneven Pipeline (CPA Journal) https://www.cpajournal.com/2025/10/22/the-disproportionate-effects-of-declining-interest-within-different-accounting-fields Movie Accountant Charged with Embezzling Nearly $2M From Indie Films https://www.cpapracticeadvisor.com/2025/08/12/movie-accountant-charged-with-embezzling-nearly-2m-from-indie-films/167240/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Collective by DBA - https://collective.cpa/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 22

What if a “stable” coin wasn’t? Blake and David unpack Paxos’s accidental minting of $300 trillion in PayPal USD—and what it reveals about stablecoin “pegs.” They also dig into proposals to weaponize IRS Criminal Investigations, NASBA’s flawed CPA exam data, and small-business headaches from forced AI rollouts in QuickBooks. Plus: Ripple’s treasury move, whether AI can run a $1M solo firm, and smart guardrails for using AI without breaking your books. Sponsors OnPay - http://accountingpodcast.promo/onpay Relay - http://accountingpodcast.promo/relay Bill.com - http://accountingpodcast.promo/bill Cloud Accountant Staffing - http://accountingpodcast.promo/cas Chapters (01:12) - Celebrating Spreadsheet Day (04:40) - Remote Work and Flexibility in Accounting (05:50) - Live Stream Interaction (06:16) - Political Discussion: IRS Overhaul (18:12) - NASBA Data Issues (24:51) - AI in Accounting: QuickBooks and Docket (41:28) - Upcoming Events and Conferences (42:38) - Navigating Conferences: Tips and Challenges (43:16) - The Future of Earmark: Audio Books and Discounts (46:21) - Chicago Teachers Union Audit Controversy (48:52) - Stablecoins and Cryptocurrency Concerns (56:09) - AI and the Future of Accounting (57:32) - The Talent Shortage in Accounting (01:03:30) - The CPA Exam and the Future of the Profession (01:16:48) - Government Shutdown and Its Impact (01:18:48) - Closing Remarks and Listener Engagement Show Notes Trump Administration Plans IRS Overhaul to Target Left-Leaning Groups (Wall Street Journal) https://www.foxbusiness.com/politics/trump-admin-plans-irs-overhaul-probe-left-leaning-groups-more-easily-wsj-reports New CPA Success Index is DOA: NASBA's data behind the index no longer holds up https://www.accountingtoday.com/opinion/cpa-success-index-is-doa-nasbas-data-behind-the-index-no-longer-holds-up Docyt Launches Mission to Create the 'Million Dollar Accountant' https://www.cpapracticeadvisor.com/2025/10/15/docyt-launches-mission-to-create-the-million-dollar-accountant/170851/ Ripple Acquires GTreasury for $1 Billion https://www.gtreasury.com/news/ripple-acquires-gtreasury Paxos Accidentally Mints $300 Trillion 'Excess' PayPal Stablecoin https://www.pymnts.com/cryptocurrency/2025/paxos-accidentally-mints-300-trillion-excess-paypal-stablecoin/ Dozens of Arkansas cities still without state funds over missing audits https://www.ktlo.com/2025/10/13/dozens-of-arkansas-cities-still-without-state-funds-over-missing-audits Chicago Teachers Union members sue union bosses over missing financial reports https://www.illinoispolicy.org/chicago-teachers-union-members-sue-union-bosses-over-missing-financial-reports/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Collective by DBA - https://collective.cpa/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 16

Could an AI catch what auditors and a CFO missed? This week, Blake and David unpack how a founder used Claude to scan QuickBooks and uncover a $2.1M embezzlement in 18 minutes. They also tackle Deloitte’s AI ‘workslop’ refund, shutdown-driven IRS and air travel woes, the IRS’s new “CEO” and crypto ties, OpenAI’s personal finance play, EY’s audit rebound, BDO’s ESOP squeeze, and crypto funds courting CPA clients. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas Rippling - http://accountingpodcast.promo/rippling Assembly - http://accountingpodcast.promo/assembly Chapters (01:35) - Deloitte's AI Report Scandal (09:05) - Government Shutdown Impact on IRS and Air Travel (23:56) - AI in Accounting: Risks and Opportunities (34:49) - Competing with the Status Quo (35:38) - Pricing Bookkeeping Services (36:31) - Standardizing Services Based on Price (37:14) - Client Needs vs. Service Offerings (38:00) - The Monthly Close Obsession (40:01) - Broken Charts in Financial Reports (43:15) - Cracker Barrel Logo Controversy (47:08) - EY's Audit Quality Turnaround (49:53) - Crypto Investment Schemes (55:48) - BDO's Financial Struggles (01:00:34) - Conclusion and Announcements Show Notes Deloitte to partially refund Australia for report with apparent AI-generated errors https://abcnews.go.com/Technology/wireStory/deloitte-partially-refund-australian-government-report-apparent-ai-126281611 Claude Exposed My Co-Founder's $2M Theft — AI Evidence Turned Into Lawsuit https://techbullion.com/claude-exposed-my-co-founders-2m-theft-ai-evidence-turned-into-lawsuit/ New Research: 20% of Americans use AI tools 10X+/month, but growth is slowing and traditional search hasn't dipped https://sparktoro.com/blog/new-research-20-of-americans-use-ai-tools-10x-month-but-growth-is-slowing-and-traditional-search-hasnt-dipped/ The Danger of Bad Charts https://www.cpajournal.com/2025/10/10/the-danger-of-bad-charts-2/ Cracker Barrel's logo controversy was driven by bots https://www.nrn.com/casual-dining/cracker-barrel-s-logo-controversy-was-driven-by-bots-what-operators-should-learn-from-this Our commitment to audit quality — Ernst & Young LLP's 2025 report https://www.ey.com/en_us/assurance/audit-quality-report EY drops clients to improve audits after leading Big Four in deficiencies https://www.cfobrew.com/stories/2024/08/27/ey-drops-clients-to-improve-audits-after-leading-big-four-in-deficiencies OpenAI Buys Personal Finance App Roi https://www.pymnts.com/acquisitions/2025/openai-buys-personal-finance-app-roi/ With its latest acqui-hire, OpenAI is doubling down on personalized consumer AI https://techcrunch.com/2025/10/03/with-its-latest-acqui-hire-openai-is-doubling-down-on-personalized-consumer-ai/ BDO USA Expands Professional Services Capabilities Through HORNE https://www.bdo.com/insights/press-releases/bdo-usa-expands-professional-services-capabilities-through-horne Auditor BDO Cuts Jobs With Focus on Managing Apollo Debt https://www.bloomberg.com/news/articles/2025-10-11/auditor-bdo-cuts-jobs-with-focus-on-managing-apollo-debt Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Collective by DBA - https://collective.cpa/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The ...

Oct 7

Sponsors OnPay - http://accountingpodcast.promo/onpay Cloud Accountant Staffing - http://accountingpodcast.promo/cas Bill.com - http://accountingpodcast.promo/bill Assembly - http://accountingpodcast.promo/assembly Chapters (00:00) - AI-Driven CEO Impersonator Scams (00:38) - WNBA Commissioner Controversy (07:04) - Standardizing Tech Stacks in Accounting Firms (13:06) - AI's Role in Accounting and Client Management (18:27) - IRS Shutdown and Economic Implications (25:49) - Fraud Stories and AI-Generated Scams (33:31) - Alternative CPA Pathways in California and New Jersey (34:32) - California's New CPA Pathways (35:45) - US News & World Report Rankings (37:38) - Tech Fundraising and Innovations (37:56) - Bill's Cybersecurity Awareness Month (40:33) - Dual Entry's $90 Million Series A (43:35) - AI and ERP Systems (50:58) - Avalara's AI Tax Compliance Agents (53:01) - Ignition's AI-Powered Pricing Tool (01:01:20) - Paycom's Layoffs and AI Automation (01:05:00) - Conclusion and Upcoming Events Show Notes Coming soon! Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Collective by DBA - https://collective.cpa/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 2

Blake and David examine the growing threat of AI-generated fake receipts, with 32% of accountants unable to recognize fraudulent documents and 30% reporting an increase in fraud since last year. They also discuss the concerning decline in entry-level auditor positions (down 43% since January) as firms adopt AI automation, while nearly half of accounts payable professionals now fear layoffs and also explore the concept of "work slop"—low-quality AI-generated work costing businesses nearly $200 per employee monthly—and debate whether firms should require clients to use standardized technology stacks, with only 37% currently doing so. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas Rippling - http://accountingpodcast.promo/rippling Bill.com - http://accountingpodcast.promo/bill Bluebook - http://accountingpodcast.promo/bluebook Chapters (01:43) - Headline Story: Tech Stack Adoption in Accounting Firms (03:05) - Survey Insights: Tech Stack Usage in Firms (07:15) - AI's Impact on Entry-Level Jobs (13:55) - The Rise of 'Work Slop' and Its Costs (20:44) - AI and Automation in Accounting (25:08) - Human-in-the-Loop Automation with Zapier (28:22) - AI in Tax Research and IT Blockers (30:51) - Competitive Moats and Custom Bots (32:26) - Exciting Changes in CPE Standards (34:59) - Drake Software's Cloud-Based Tax Solution (43:06) - State Department Embezzlement Scandal (44:59) - Trump's Tariff Announcements (50:28) - H-1B Visa Fee Increase (56:20) - Conclusion and CPE Information Show Notes 32% of accountants can't recognize AI-generated fake receipts https://www.accountingtoday.com/news/32-admit-they-cannot-recognize-ai-generated-fake-receipts Entry-level auditor job postings fell 43%, per Randstad https://www.accountingtoday.com/news/entry-level-auditor-job-postings-fell-43-per-randstad AI-Generated "Workslop" Is Destroying Productivity https://hbr.org/2025/09/ai-generated-workslop-is-destroying-productivity 97% say CPA firms not using tech efficiently says survey https://www.accountingtoday.com/news/97-say-cpa-firms-not-using-tech-efficiently-says-survey CPA.com & BILL Growth Survey: How Firms Plan to Stay Ahead https://www.bill.com/blog/cpa-and-bill-growth-technology-survey AP Pros Face Growing Layoff Concerns and See Automation as a Career Lifeline https://www.cpapracticeadvisor.com/2025/09/11/ap-pros-face-growing-layoff-concerns-and-see-automation-as-a-career-lifeline-2/168818/ Get more control over your workflows with Human in the Loop! https://help.zapier.com/hc/en-us/articles/38838619533069-Get-more-control-over-your-workflows-with-Human-in-the-Loop 54% use AI in tax research, but search engines remain prominent https://www.accountingtoday.com/news/54-use-ai-in-tax-research-but-search-engines-remain-prominent Drake Software Introduces Drake Tax Online https://www.cpapracticeadvisor.com/2025/09/24/drake-software-introduces-drake-tax-online/169572/ Drake Software Launches Drake Tax Online: Powerful, Flexible Tax Software in the Cloud https://www.prnewswire.com/news-releases/drake-software-launches-drake-tax-online-powerful-flexible-tax-software-in-the-cloud-302566087.html NASBA, AICPA release proposed revisions to CPE standards https://www.journalofaccountancy.com/news/2025/sep/nasba-aicpa-release-proposed-revisions-to-cpe-standards NASBA, AICPA Release Exposure Draft of Proposed Revisions to CPE Standards https://nasba.org/blog/2025/09/15/revisions-to-cpe-standards-2025/ H-1B FAQ https://www.uscis.gov/newsroom/alerts/h-1b-faq Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser:

Sep 24

Are accounting firms quietly having their best year ever? Blake and David break down why revenues and partner comp are rising—despite AI anxiety—and what it means for pricing and staffing. They unpack Gusto Money’s Melio-powered bill pay, Relay’s $1B milestone, Drake’s new workflow, and AI tools that actually help (note-takers, agents, research). Plus: Trump’s biannual reporting idea, peer review for PE-backed firms, BOI reversal, and the messy ‘no tax on tips’ proposal. Sponsors OnPay - http://accountingpodcast.promo/onpay TeamUp - http://accountingpodcast.promo/teamup Bluebook - http://accountingpodcast.promo/bluebook Chapters (00:00) - Introduction and Revenue Insights (00:43) - Welcome to the Accounting Podcast (01:00) - Gusto Showcase Event Highlights (04:18) - The Importance of Long-Term Relationships in FinTech (08:58) - Advisory Amplified Tour Announcement (11:06) - AI in Accounting: Honest Reflections from a Tech Founder (16:48) - AI Meeting Assistants for Accounting Firms (21:03) - Comparing AI Tools: Blue Jay vs. ChatGPT (29:43) - Accounting Firms' Revenue and Compensation Growth (31:12) - Rising Costs and Accounting Firm Strategies (32:25) - NASBA's New Mobile App for CPA Exam Candidates (33:50) - Drake Software's Workflow Automation Launch (37:13) - AI in the Workplace: Surveys and Trends (41:16) - Fiverr's Shift to AI and Layoffs (44:09) - Trump's Proposal on Financial Reporting (50:01) - Private Equity and Peer Review Oversight (52:28) - Tax-Free Tips and Proposed Regulations (54:13) - AICPA and NASBA's Earn and Learn Program Shutdown (55:20) - Conclusion and Listener Engagement Show Notes CPA Firms Report Steady Growth in Revenue and Profit, AICPA Research Finds https://www.aicpa-cima.com/news/article/cpa-firms-report-steady-growth-in-revenue-and-profit-aicpa-research-finds Vinyl Raises $2M to Build the Future of AI Meeting Assistants for Accountants https://www.usevinyl.com/insights/blog/vinyl-seed-funding-announcement Drake Software Unveils Powerful New Tax Workflow Automation Tools https://www.prnewswire.com/news-releases/drake-software-unveils-powerful-new-tax-workflow-automation-tools-302558230.html NASBA Releases CPA Mobile App for Future CPAs h ttps://www.accountingtoday.com/news/nasba-releases-cpa-mobile-app AICPA Seeks Comment on Peer Review Proposal for Firms with Private Equity Backing https://www.cpapracticeadvisor.com/2025/09/16/aicpa-seeks-comment-on-peer-review-proposal-for-firms-with-private-equity-backing/169014/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Collective by DBA - https://collective.cpa/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Sep 18

Blake and David examine several major developments affecting the accounting profession, including the proposed HIRE Act that would impose a 25% excise tax on offshore labor payments to accounting firms. They also look at how AI is transforming hiring practices at major firms like PwC, which is cutting graduate recruitment due to advancing technology and explore practical AI implementation strategies for accounting firms, moving beyond basic chatbots to integrated workflows. The show wraps up with a story about fraud at The Epoch Times - a $67 million money laundering scheme - and the ongoing costs of bad social media tax advice. Sponsors OnPay - http://accountingpodcast.promo/onpay Relay - http://accountingpodcast.promo/relay TeamUp - http://accountingpodcast.promo/teamup Chapters (00:00) - Introduction and Personal Updates (00:48) - AI in Accounting: Challenges and Opportunities (04:57) - The Higher Act: Taxing Offshore Labor (05:23) - Feel-Good Story: The Oldest Marching Band Member (10:23) - Impact of AI on Job Market (26:33) - Gambling Scandal and AI in Government (36:22) - Expense Management Simplified (38:29) - Supreme Court and Tariffs Update (42:37) - Red Lobster's Downfall: A Case Study (45:37) - The Role of AI in Accounting Firms (01:03:04) - Epic Times CFO Charged with Money Laundering (01:08:38) - Conclusion and Announcements Show Notes New Moreno Bill Would Crack Down on Outsourcing, Fund American Workers - Senator Bernie Moreno https://www.moreno.senate.gov/press-releases/new-moreno-bill-would-crack-down-on-outsourcing-fund-american-workers/ HIRE Act - A BILL https://www.moreno.senate.gov/wp-content/uploads/2025/09/The-HIRE-Act.pdf Moreno Bill to Crackdown on Foreign Outsourcing Blocked by Senate Democrats - Senator Bernie Moreno https://www.moreno.senate.gov/press-releases/moreno-bill-to-crackdown-on-foreign-outsourcing-blocked-by-senate-democrats/ Offshoring is Screwed If This HIRE Act Thing Goes Anywhere But Let's Not Get Too Excited Yet - Going Concern https://www.goingconcern.com/offshoring-is-screwed-if-this-hire-act-thing-goes-anywhere-but-lets-not-get-too-excited-yet/ PwC's U.K. chief admits he's cutting back entry-level jobs and taking a 'watch and wait' approach to see how AI changes work | Fortune https://fortune.com/2025/09/08/pwc-uk-chief-cutting-entry-level-junior-gen-z-jobs-ai-economic-headwinds-like-amazon-salesforce/ AI takes entry-level jobs as Big Four slash graduate hiring https://bmmagazine.co.uk/news/big-four-cut-graduate-jobs-ai/ PwC Cuts Graduate Hiring as AI Reshapes Entry-Level Careers - TechStory https://techstory.in/pwc-cuts-graduate-hiring-as-ai-reshapes-entry-level-careers/ IRS assesses $162 million in penalties over false tax credit claims tied to social media | Internal Revenue Service https://www.irs.gov/newsroom/irs-assesses-162-million-in-penalties-over-false-tax-credit-claims-tied-to-social-media Social media claims cost taxpayers $162M, IRS says. See the 'tips' to avoid https://thehill.com/homenews/5492263-social-media-claims-cost-taxpayers-162m-irs-says-see-the-tips-to-avoid/ IRS warns taxpayers: Social media advice can lead to costly penalties https://www.journalofaccountancy.com/news/2025/sep/irs-warns-taxpayers-social-media-advice-can-lead-to-costly-penalties/ Dirty Dozen: Taking tax advice on social media can be bad news for taxpayers; inaccurate or misleading tax information circulating | Internal Revenue Service https://www.irs.gov/newsroom/dirty-dozen-taking-tax-advice-on-social-media-can-be-bad-news-for-taxpayers-inaccurate-or-misleading-tax-information-circulating Albania appoints world's first AI government 'minister' to root out corruption | Euronews https://www.euronews.com/next/2025/09/12/albania-appoints-worlds-first-ai-government-minister-to-root-out-corruption Diella (AI system) - Wikipedia https://en.wikipedia.org/wiki/Diella_(AI_system) Epoch Times embroiled in alleged cryptocurrency money laundering scheme - The Washington Post https://www.washingtonpost.com/style/media/2024/06/04/epoch-times-money-laundering-cryptocurrency/ CFO of Falun Gong-linked Epoch Times arrested and accused of role in $67m multinational money laundering scheme | Fortune https://fortune.com/2024/06/04/cfo-weidong-bill-guan-falun-gong-epoch-times-arrested-67m-multinational-money-laundering-scheme/ The only recap of Red Lobster's downfall you need https://thetakeout.com/red-lobster-endless-shrimp-private-equity-downfall-recap Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and wr...

Sep 10

Are AI “super agents” like Xero’s Jax actually useful—or just shiny chatbots? Blake and David unpack Xerocon announcements, why embedded agents lack context, smarter way to automate bank feeds with rules, the leaked “no tax on tips” job list and planning opportunities, IRS staffing whiplash, plus what billion‑dollar AI pledges from big firms really mean. Walk away with practical steps to deploy AI that saves hours without losing control. Sponsors TeamUp - http://accountingpodcast.promo/teamup Rippling - http://accountingpodcast.promo/rippling Digits - http://accountingpodcast.promo/digits Chapters (00:00) - Introduction and Podcast Overview (00:45) - Continuing Professional Education (CPE) Credits (03:20) - Live Stream Interactions and Coffee Talk (04:09) - Upcoming Deadlines and Tax Season Tips (05:52) - Upcoming Conferences and Events (14:48) - Blake's New Book Announcement (24:27) - No Tax on Tips Discussion (28:57) - IRS Workforce Challenges (31:41) - State Tax Implications for NFL Players (36:22) - Xero Con and AI Financial Super Agent (37:51) - Analyzing Gross Profit Trends (39:43) - Limitations of AI in Accounting (42:12) - AI-Powered Bank Reconciliation (49:47) - Automating Invoice Creation with AI (55:01) - Grant Thornton's AI Investment (01:02:16) - The Future of AI in Accounting (01:13:03) - AI's Impact on Accounting Jobs (01:21:26) - Implementing AI in Accounting Firms Show Notes Treasury names jobs for Trump's 'no tax on tips' deduction https://www.cnbc.com/2025/09/03/treasury-trump-no-tax-on-tips-jobs.html Scoop: List of jobs covered by Trump's "no tax on tips" (See if you qualify) https://www.axios.com/2025/09/01/no-tax-on-tips-jobs-trump-bill Workers in 68 occupations may soon be exempt from paying taxes on tips, including some surprising jobs https://www.cbsnews.com/news/no-tax-on-tips-trump-big-beautiful-bill-68-occupations-heres-who/ IRS is canceling its layoff plans, will ask some it fired or pushed out to return https://www.govexec.com/workforce/2025/08/irs-canceling-its-layoff-plans-will-ask-some-it-fired-or-pushed-out-return/407620/ The IRS is Downsizing: Key Divisions Most Affected in 2025 https://sandbergphoenix.com/the-irs-is-downsizing-key-divisions-most-affected-in-2025/ Grant Thornton Advisors investing $1 billion to arm the multinational workforce across its platform with powerful AI tools and technology https://www.businesswire.com/news/home/20250904414830/en/Grant-Thornton-Advisors-investing-$1-billion-to-arm-the-multinational-workforce-across-its-platform-with-powerful-AI-tools-and-technology Grant Thornton Advisors to Sink $1 Billion Over Three Years on AI https://www.cpapracticeadvisor.com/2025/09/05/grant-thornton-advisors-to-sink-1-billion-over-three-years-on-ai/168500/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Sep 3

Are AI bank feeds helping—or just creating more work? Blake and David unpack Intuit’s missteps, why “use AI to make the rules” matters, and how a no‑code agent now posts multi‑line bills to Xero. They demo Excel’s new "copilot()" function, share how FP&A roles are shifting, and hit headlines from Barstool’s lawsuit to tariffs and Gusto’s Guideline deal. You’ll leave with practical ways to deploy AI, avoid hidden risks, and boost margins. Sponsors OnPay - http://accountingpodcast.promo/onpay TeamUp - http://accountingpodcast.promo/teamup Digits - http://accountingpodcast.promo/digits Chapters (00:43) - Planning with AI (02:03) - The Threat of AI to Consultants (04:41) - AI in QuickBooks: A Double-Edged Sword (06:19) - AI's Limitations and Future in Accounting (27:02) - Excel's New AI Copilot (28:22) - Introducing the Copilot Function in Excel (33:50) - AI in the Workplace: Challenges and Opportunities (37:44) - Barstool Sports vs. Omega Accounting Solutions (41:29) - New Tariff Policies and Their Impact (53:45) - Gusto Acquires Guideline for Retirement Services (54:26) - Conclusion and CPE Information Show Notes Bring AI to your formulas with the COPILOT function in Excel https://techcommunity.microsoft.com/blog/microsoft365insiderblog/bring-ai-to-your-formulas-with-the-copilot-function-in-excel/4443487 FP&A pros anticipate AI-driven headcount reductions https://www.accountingtoday.com/news/fp-a-pros-anticipate-ai-driven-headcount-reductions President Trump Ends Unfair "De Minimis" Tariff Exemption, A Major Victory in Securing the Homeland https://www.dhs.gov/news/2025/07/31/president-trump-ends-unfair-de-minimis-tariff-exemption-major-victory-securing Fact Sheet: President Donald J. Trump is Protecting the United States' National Security and Economy by Suspending the De Minimis Exemption for Commercial Shipments Globally https://www.whitehouse.gov/fact-sheets/2025/07/fact-sheet-president-donald-j-trump-is-protecting-the-united-states-national-security-and-economy-by-suspending-the-de-minimis-exemption-for-commercial-shipments-globally/ Barstool Sports Sues Accounting Firm Over Unpaid Advertising Bills https://www.sportico.com/law/analysis/2025/barstool-omega-accounting-solutions-advertising-lawsuit-1234868719/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Aug 28

Can AI agents actually reduce your workload—or just add hype? Blake demos how he rebuilt bill-entry “Hubdoc-style” in about an hour with Zapier Agents, then maps out why most AI pilots fail without documented workflows and human approvals. Plus: PwC’s plan to hire one-third fewer grads, juniors supervising AI, HMRC scanning social posts for tax gaps, and fresh salary and pricing benchmarks. Learn where AI truly fits—and how to price with confidence. Sponsors Relay - http://accountingpodcast.promo/relay TeamUp - http://accountingpodcast.promo/teamup Human at Scale - http://accountingpodcast.promo/human Digits - http://accountingpodcast.promo/digits Chapters (05:36) - AI Agents: Hype vs. Reality (07:49) - AI's Impact on Corporate America (10:28) - Challenges in AI Integration (19:11) - PWC and AI: Training the Next Generation (21:43) - Building AI Agents with Zapier (41:00) - Human at Scale: Transforming Accounting Firms (42:34) - Live Stream Chat and AI Future (45:14) - Outsourcing vs. AI in Business (46:37) - AI in Accounting: Supervision and Customization (48:33) - Intuit's Q4 Earnings and QuickBooks Live (51:00) - AI's Impact on Accounting Jobs and Tools (59:48) - UK's AI Tax Fraud Detection (01:03:27) - Accounting Salary Survey Results (01:13:40) - Client Relationships and Free Speech Issues (01:18:18) - Conclusion and CPE Information Show Notes The GenAI Divide: State of AI in Business 2025 (MIT NANDA Report) https://fortune.com/2025/08/18/mit-report-95-percent-generative-ai-pilots-at-companies-failing-cfo/ Getting a job at PwC out of college will be a lot tougher. It plans to recruit a third fewer grads by 2028 https://www.aol.com/getting-job-pwc-college-lot-120316405.html HMRC uses AI to spot tax fraud on social media https://www.accountancyage.com/2025/08/12/hmrc-uses-ai-to-spot-tax-fraud-on-social-media/ The 2025 Accounting Today Salary Survey: Sweetening the deal https://www.accountingtoday.com/news/the-2025-accounting-today-salary-survey-sweetening-the-deal 2025 U.S. Accounting and Tax Pricing Benchmark (Ignition) https://www.ignitionapp.com/us/2025-accounting-tax-pricing-benchmark TaxDome Releases First-of-Its-Kind 2025 Niche Business Accounting Report https://www.morningstar.com/news/pr-newswire/20250819ph53815/taxdome-releases-first-of-its-kind-2025-niche-business-accounting-report 2025 Niche Business Accounting Report (TaxDome) https://taxdome.com/niche-report-2025 Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Aug 20

Can an AI reconcile your books while you sleep? Blake and David run a live experiment with ChatGPT-5’s Agent Mode in Xero—watching it match transactions, stumble on prepayments, and reveal what’s realistically automatable today. They also break down a flood of app news: Dext's bill pay, Ramp’s mega raise, Thomson Reuters and Deloitte’s agentic AI, plus Ignition–Financial Cents and Canopy portal moves. They dig into survey findings showing that 58% of employees are secretly using AI at work despite company bans, and take a look at how AI is disrupting the job market for college graduates. Sponsors TeamUp - http://accountingpodcast.promo/teamup Relay - http://accountingpodcast.promo/relay Human at Scale - http://accountingpodcast.promo/human Missive - http://accountingpodcast.promo/missive Chapters (01:32) - Exploring AI in Accounting (02:20) - Testing ChatGPT for Accounting Tasks (05:26) - Reconciling Transactions with AI (10:27) - App News (18:34) - AI and Automation in Accounting (23:29) - Recent Raises and Acquisitions (31:10) - Government and Regulatory Updates (35:14) - AI Agent Struggles with Prepayment (35:39) - VC Investments in Accounting Firms (37:43) - Ignition and Financial Sense Integration (40:13) - Canopy's Smart Intake and AI Innovations (42:58) - AI in the Workplace: Surveys and Insights (44:39) - AI Agent Finally Figures Out Prepayment (52:36) - AI's Limitations and Future Potential (01:01:55) - Fundraising and AI in Accounting Apps (01:12:28) - Impact of AI on the market (01:13:42) - Conclusion and CPE Information Show Notes Product Specialist-Accounting,AI - Xero https://builtinlondon.uk/job/product-specialist-accounting-ai/6683466 Rillet raises $70M to replace 20th-century accounting software with AI-native ERP built by accountants https://www.globenewswire.com/news-release/2025/08/06/3128328/0/en/Rillet-raises-70M-to-replace-20th-century-accounting-software-with-AI-native-ERP-built-by-accountants.html AI accounting startup Rillet raises $70 million in Andreessen Horowitz, ICONIQ-led round https://www.investing.com/news/economy-news/ai-accounting-startup-rillet-raises-70-million-in-andreessen-horowitz-iconiqled-round-4172975 Ramp Raises $500 Million at $22.5 Billion Valuation to Accelerate AI and Build the Future of Finance https://www.prnewswire.com/news-releases/ramp-raises-500-million-at-22-5-billion-valuation-to-accelerate-ai-and-build-the-future-of-finance-302516953.html Ramp hits $22.5B valuation just 45 days after reaching $16B https://techcrunch.com/2025/07/30/ramp-hits-22-5b-valuation-just-45-days-after-reaching-16b/ IRS, White House clashed over immigrants' data before Billy Long was ousted https://www.washingtonpost.com/business/2025/08/09/trump-administration-irs-data-dispute/ Trump replaces IRS Commissioner Billy Long with Scott Bessent https://www.washingtonpost.com/business/2025/08/08/billy-long-irs-commissioner-bessent/ Trump ousts Billy Long as IRS commissioner, names Bessent acting head https://www.cnn.com/2025/08/08/politics/billy-long-ousted-irs-commissioner IRS Chief Forced Out After Immigrant Tax Data Pushback—Report https://www.newsweek.com/irs-chief-forced-immigrant-tax-data-pushback-report-2111292 Billy Long's IRS ouster follows clashes with Treasury, sparks concern https://thehill.com/homenews/administration/5449180-treasury-clashes-irs-commissioner/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to c...

Aug 13

Blake and David discuss how both AICPA and NASBA have officially endorsed a 120-hour CPA licensure pathway in the ninth edition of the Uniform Accountancy Act, validating Blake's long-standing advocacy against the 150-hour requirement. They also examine Baker Tilly's policy, which requires CPAs to remove their designations from email signatures and LinkedIn profiles due to alternative practice structures. They move on to the launch of GPT-5, praising its improved integration but noting concerning chart errors in OpenAI's presentation and ongoing hallucination issues. Rounding things out, they also discuss Trump's firing of newly-appointed IRS Commissioner Billy Long after just weeks in office, comparing it to his dismissal of the Bureau of Labor Statistics head over unfavorable job revision data. Sponsors OnPay - http://accountingpodcast.promo/onpay Keeper - http://accountingpodcast.promo/keeper Missive - http://accountingpodcast.promo/missive TeamUp - http://accountingpodcast.promo/teamup Chapters (00:41) - AICPA and NASBA owe Blake an apology (02:35) - AI and GPT-5 Launch (04:17) - CPA License Controversy (13:04) - IRS and BLS Firings (24:54) - Tariffs and Economic Impact (37:13) - Impressive Results with GPT-5 (41:13) - Private Equity and Accounting Firms (45:16) - AI Errors in High-Stakes Presentations (56:41) - SEC's New Stable Coin Regulations (59:56) - China's Response to US Stable Coin Regulations (01:01:16) - KPMG and the Silicon Valley Bank Collapse (01:03:20) - Macy's Executive Bonuses Clawed Back (01:05:33) - Luckin Coffee's Auditor Penalized (01:08:34) - Mike Lynch's Estate Hit with $1 Billion Judgment (01:09:51) - Match Group's Stock Surge and Economic Optimism (01:12:58) - Final Thoughts and Continuing Education Show Notes NASBA, AICPA give blessing to 120-hour CPA pathway https://www.cfo.com/news/governing-bodies-of-accounting-give-blessing-to-120-hour-cpa-requirement/754033/ AICPA and NASBA Approve Model Legislation for New CPA Licensure Path https://nasba.org/blog/2025/05/13/aicpa-and-nasba-approve-model-legislation-for-new-cpa-licensure-path/ NASBA and AICPA Publish Ninth Edition of the Uniform Accountancy Act (UAA) https://nasba.org/blog/2025/07/22/nasba-and-aicpa-publish-ninth-edition-of-the-uniform-accountancy-act-uaa/ Alaska Becomes the Latest State to Offer an Alternate CPA Pathway, With No Help From the Governor https://www.goingconcern.com/alaska-becomes-the-latest-state-to-offer-an-alternate-cpa-pathway-with-no-help-from-the-governor/ CPA requirements by state https://www.cfo.com/news/cpa-requirements-by-state-cfo-accounting-updates-changes-150-hour/740328/ Baker Tilly Secures Private Equity Investment in Largest CPA Transaction to Date https://insidepublicaccounting.com/2024/02/05/baker-tilly-secures-private-equity-investment-in-largest-cpa-transaction-to-date/ Trump ousts Billy Long as IRS commissioner, names Bessent acting head https://www.cnn.com/2025/08/08/politics/billy-long-ousted-irs-commissioner IRS Commissioner Billy Long replaced after less than two months https://www.npr.org/2025/08/08/nx-s1-5496549/irs-billy-long-trump Trump removes Billy Long as IRS commissioner, giving him the shortest-ever tenure in the role https://federalnewsnetwork.com/management/2025/08/trump-removes-billy-long-as-irs-commisioner-less-than-2-months-after-his-confirmation/ OpenAI botches the charts in GPT-5 introduction https://flowingdata.com/2025/08/07/openai-botches-the-charts-in-gpt-5-introduction/ GPT-5 Launch Demo Plagued With Catastrophically Dumb Errors https://futurism.com/gpt-5-demo-dumb-errors Sam Altman addresses 'bumpy' GPT-5 rollout, bringing 4o back, and the 'chart crime' https://techcrunch.com/2025/08/08/sam-altman-addresses-bumpy-gpt-5-rollout-bringing-4o-back-and-the-chart-crime/ Introducing GPT-5 https://openai.com/index/introducing-gpt-5/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube...

Aug 5

What happens when the traditional path from college to accounting career gets disrupted by AI and automation? This week, Blake and David explore who's most likely to quit accounting firms (hint: it's the middle managers), why wages are rising while jobs disappear, and how one college is revolutionizing accounting education. You'll discover which employees are happiest and most miserable in accounting, learn why ChatGPT conversations could be used against you in court, and hear from Nicole Wetter about Green River College's innovative applied accounting program that puts students in real internships while teaching them AI tools alongside traditional skills. Sponsors Keeper - http://accountingpodcast.promo/keeper TeamUp - http://accountingpodcast.promo/teamup Human at Scale - http://accountingpodcast.promo/human Missive - http://accountingpodcast.promo/missive Chapters (00:48) - AI in Accounting: Opportunities and Limitations (02:11) - Impact of AI on Accounting Jobs (04:07) - Interview with Nicole Wetter: Applied Science in Accounting (04:57) - ChatGPT and Legal Concerns (05:29) - Accounting Industry Updates and Opinions (06:55) - Employee Satisfaction in Accounting Firms (12:12) - Mergers and Acquisitions in Accounting (13:38) - Sponsor Messages and Livestream Welcome (17:40) - Conflicting Survey Data on Tech Adoption (25:16) - ChatGPT Study Mode: A New Way to Learn (31:13) - Second Sponsor Message: Team Up (32:10) - Free Resources for Listeners (32:29) - Billy Long's IRS Leadership (36:02) - Jeffrey Epstein's Tax Planning Scandal (38:03) - Rant on Tariffs and Economic Policies (47:04) - Interview with Nicole Wetter on Applied Accounting Education (01:10:04) - Final Thoughts and Upcoming Events Show Notes Who's most likely to leave your accounting firm? https://www.accountingtoday.com/news/whos-most-likely-to-leave-your-accounting-firm Sam Altman warns there's no legal confidentiality when using ChatGPT as a therapist https://techcrunch.com/2025/07/25/sam-altman-warns-theres-no-legal-confidentiality-when-using-chatgpt-as-a-therapist/ OpenAI to appeal New York Times copyright case over user data preservation https://www.foxbusiness.com/technology/openai-appeal-copyright-ruling-ny-times-case-altman-calls-ai-privilege How we're responding to The New York Times' data demands in order to protect user privacy https://openai.com/index/response-to-nyt-data-demands/ 'I don't care about Direct File': IRS chief says agency plans to end free filing program https://www.cnbc.com/2025/07/30/irs-chief-says-agency-plans-to-end-free-direct-file-program.html IRS Chief Says Direct File Is 'Gone,' Other Audit Tech Is Coming https://news.bloombergtax.com/daily-tax-report/irs-chief-says-direct-file-is-gone-other-audit-tech-is-coming New commissioner confident IRS can implement OBBBA's tax provisions https://www.journalofaccountancy.com/news/2025/jul/new-commissioner-confident-irs-can-implement-obbbas-tax-provisions/ Continuing Epstein Investigation, Wyden Probes IRS's Failure to Investigate Sex Trafficker's Highly Lucrative Tax Planning Work https://www.finance.senate.gov/ranking-members-news/continuing-epstein-investigation-wyden-probes-irss-failure-to-investigate-sex-traffickers-highly-lucrative-tax-planning-work Wyden probes IRS failure to investigate Jeffrey Epstein's tax planning https://www.accountingtoday.com/news/wyden-probes-irs-failure-to-investigate-jeffrey-epsteins-tax-planning As Trump Sits on Key Epstein Files, Wyden Lays Out "Follow the Money" Investigation for DOJ https://www.finance.senate.gov/ranking-members-news/as-trump-sits-on-key-epstein-files-wyden-lays-out-follow-the-money-investigation-for-doj Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://clouda...

Jul 31

What happens when politicians threaten to cut funding from accounting standard-setters unless they eliminate specific rules? Blake and David explore unprecedented political interference in FASB and PCAOB operations, plus the IRS facing a 23% budget cut despite Trump's push for more customer service staff. They unpack Sam Altman's warning about AI breaking voice authentication at major banks, why accounting degrees deliver 261% ROI (fourth-best among all majors), and how $28.7 billion in private equity money is reshaping CPA firms. Plus, the economic reality behind Stephen Colbert's show cancellation, Bitcoin's institutional takeover, and how tariff uncertainty is creating impossible planning conditions for businesses. Sponsors Human at Scale - http://accountingpodcast.promo/human Keeper - http://accountingpodcast.promo/keeper Missive - http://accountingpodcast.promo/missive Cloud Accountant Staffing - http://accountingpodcast.promo/cas Chapters (00:41) - The Decline of Late Night TV (03:02) - The Shift to Digital Media (13:51) - AI in Accounting Firms (16:46) - PCOB Leadership Changes (20:06) - Legislation to Eliminate PCOB (21:06) - FASB Funding Threats (24:54) - IRS Budget Cuts (31:56) - Deloitte's Audit Investigation (32:55) - Uncovering Glencore Energy's Bribery Scandal (34:19) - The ROI of an Accounting Degree (38:01) - Private Equity's Surge in Accounting Firms (54:46) - The Immigration Debate and Economic Consequences (01:00:57) - Alternative Pathways in Accounting: Alaska's New Law (01:01:48) - Conclusion Final Thoughts Show Notes CBS is ending 'The Late Show with Stephen Colbert' next year | CNN Business https://www.cnn.com/2025/07/17/media/cbs-cancels-stephen-colbert Stephen Colbert's 'Late Show' run will come to an end next year as CBS cancels franchise https://www.nbcnews.com/pop-culture/tv/stephen-colbert-late-show-end-cbs-rcna219499 Inside CBS' 'agonizing decision' to cancel Colbert's top-rated late-night show | CNN Business https://www.cnn.com/2025/07/18/media/colbert-cbs-late-show-cancel-paramount-trump SEC.gov | SEC Announces George Botic to Serve as Acting Chair of the Public Company Accounting Oversight Board https://www.sec.gov/newsroom/press-releases/2025-100-sec-announces-george-botic-serve-acting-chair-public-company-accounting-oversight-board George Botic Takes Over as Acting Chief of the PCAOB - CPA Practice Advisor https://www.cpapracticeadvisor.com/2025/07/22/george-botic-takes-over-as-acting-chief-of-the-pcaob/165364/ SEC names George Botic as acting chair of PCAOB | Accounting Today https://www.accountingtoday.com/news/sec-names-george-botic-as-acting-chair-of-pcaob House Republicans propose to withhold funds from FASB unless income tax reporting standard is withdrawn | Accounting Today https://www.accountingtoday.com/news/house-republicans-propose-to-withhold-funds-from-fasb GOP Threatens Accounting Board Funding Over Tax Disclosure Rules https://news.bloombergtax.com/financial-accounting/gop-threatens-accounting-board-funding-over-tax-disclosure-rules Americans Want to Know Which Corporations Aren't Paying Taxes, but House Republicans Want to Keep this Information Secret https://itep.org/corporate-tax-avoidance-house-republicans-spending-bill/ Trump wants to reverse the staffing cuts he's overseen for IRS customer service. House Republicans disagree. - Government Executive https://www.govexec.com/workforce/2025/07/trump-wants-reverse-staffing-cuts-hes-overseen-irs-customer-service-house-republicans-disagree/407002/ Trump slashes 25% of IRS workforce with buyouts, firings of nearly 26,000 agency staff https://www.washingtontimes.com/news/2025/jul/22/trump-slashed-25-irs-workforce/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Ov...

Jul 23

What happens when a $2 trillion cryptocurrency market suddenly requires monthly audits? Blake and David break down the Genius Act, the new federal stablecoin legislation that just created a massive opportunity for auditors—but also potentially recreated the chaotic "wildcat banking" era of the 1800s. You'll learn why every stablecoin issuer now needs monthly attestation reports and annual audits, creating hundreds of new recurring revenue streams for accounting firms willing to take on the risk. Plus, they explore whether there are enough auditors to actually make this system work, and what happens if quantum computing breaks cryptocurrency security. The episode also covers PCAOB leadership changes under the new administration, live-tests AI agents trying to enter invoices (spoiler: it's messier than the hype suggests), and updates on the 23 states now offering alternative CPA pathways. Sponsors Missive - http://accountingpodcast.promo/missive Relay - http://accountingpodcast.promo/relay Cloud Accountant Staffing - http://accountingpodcast.promo/cas Chapters (01:17) - AI in Accounting: Browser Integration (02:35) - Major News: The Genius Act and Its Implications (03:38) - Sponsor Shoutouts and Livestream Interaction (05:06) - Audit News: Erica Williams and PCAOB Changes (08:27) - Federal Audit Failures and OMB's Strategic Reset (09:48) - AICPA's New Fraud Detection Standards (12:52) - Sponsor Highlight: Missive (15:38) - Fraud Case Study: Christine Hunsicker's $300M Scam (20:08) - Deep Dive: The Genius Act and Stablecoins (41:21) - The Risk of Stablecoins and Financial Contagion (42:07) - Quantum Computing Threat to Bitcoin (42:38) - The Challenge of Upgrading Cryptocurrency Systems (43:22) - Summary and Predictions for Accounting Firms (43:38) - Fraud in the Traditional Banking System (44:08) - Relay: The Small Business Banking Solution (45:43) - Pig Butchering: A Growing Fraud Problem (48:05) - The Case for a Federal Stablecoin (50:26) - Alternative Pathways for CPA Licensure (52:02) - Decline in CPA Licenses and Modernizing Education (54:59) - Cloud Accountant Staffing: Solving the Labor Shortage (56:01) - Agentic AI: The Future of Automation (59:13) - Challenges and Potential of AI in Accounting (01:02:31) - The Role of AI in Data Entry and Research (01:17:53) - Conclusion and Final Thoughts Show Notes Trump signs landmark GENIUS Act, hailing "exciting new frontier" for crypto - CBS News https://www.cbsnews.com/news/trump-signs-genius-act-crypto-bill/ Fact Sheet: President Donald J. Trump Signs GENIUS Act into Law – The White House https://www.whitehouse.gov/fact-sheets/2025/07/fact-sheet-president-donald-j-trump-signs-genius-act-into-law/ Stablecoin regulation bill heads to Trump's desk https://www.axios.com/2025/07/17/house-passes-genius-act-stablecoins-trump A 'Crypto Week' win: Congress passes 1st major crypto legislation in the U.S. https://www.npr.org/2025/07/17/nx-s1-5451413/crypto-week-stablecoin-genius-act-trump GENIUS Act Passes in US Congress: A Breakdown of the Landmark Stablecoin Law – Publications https://www.morganlewis.com/pubs/2025/07/genius-act-passes-in-us-congress-a-breakdown-of-the-landmark-stablecoin-law Erica Williams Resigns as PCAOB Chair - CPA Practice Advisor https://www.cpapracticeadvisor.com/2025/07/15/erica-williams-resigns-as-pcaob-chair/164956/ PCAOB chair Erica Williams steps down | Accounting Today https://www.accountingtoday.com/news/pcaob-chair-erica-williams-steps-down SEC.gov | Statement Regarding Tenure of Erica Williams at the PCAOB https://www.sec.gov/newsroom/speeches-statements/atkins-statement-erica-williams-pcaob-071505 Southern District of New York | CaaStle Founder Charged In $300 Million Fraud Scheme | United States Department of Justice https://www.justice.gov/usao-sdny/pr/caastle-founder-charged-300-million-fraud-scheme The surprising details of fashion entrepreneur Christine Hunsicker's fraud indictment- Fast Company https://www.fastcompany.com/91371881/the-surprising-details-of-fashion-entrepreneur-christine-hunsickers-fraud-indictment Fashion startup founder Christine Hunsicker accused of cheating investors out of over $300 million - CBS News https://www.cbsnews.com/news/christine-hunsicker-charged-fraud-300-million-fashion-startup-founder/ States move beyond the 150-hour rule for CPA licensure | Accounting Today https://www.accountingtoday.com/list/states-move-beyond-the-150-hour-rule-for-cpa-licensure Tracking CPA licensure paths: Removing the 150-hour-rule hurdle | CFO Dive https://www.cfodive.com/news/broadening-cpa-licensure-paths-marching-beyond-150-hour-rule-accounting-talent-shortage/745282/ The rise and fall of the 150-hour rule https://www.cfobrew.com/stories/2025/04/10/the-rise-and-fall-of-the-150-hour-rule AICPA, NASBA approve alternatives to the 150-hour rule https://www.cfobrew.com/stories/2025/05/15/aicpa-nasba-approve-alternatives-to-the-150-hour-rule Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and

Jul 17

Why is AI failing at basic accounting tasks while claiming to outsmart PhD students? Blake and David dive into the stark reality of AI implementation in accounting, from Ramp's promising new expense management agents to QuickBooks' baffling suggestion to credit and debit the same account. You'll discover the critical security vulnerabilities in AI systems and learn why clients are increasingly using AI to fact-check their accountants' advice. Plus, get a comprehensive breakdown of the top 10 tax planning opportunities in the One Big, Beautiful Bill Act—from permanent 100% bonus depreciation to Trump accounts for children. The hosts also explore which companies will be AI's biggest losers and why the future of accounting lies in financial management, not advisory services. Sponsors OnPay - http://accountingpodcast.promo/onpay Cloud Accountant Staffing - http://accountingpodcast.promo/cas Keeper - http://accountingpodcast.promo/keeper Chapters (00:30) - The Big Beautiful Bill: Tax Provisions Overview (01:53) - AI in Accounting: RAMP's New AI Agents (02:56) - QuickBooks AI Agents: Frustrations and Feedback (06:05) - RAMP's AI Agents: Features and Benefits (14:38) - AI's Impact on Employment: Winners and Losers (20:54) - Grok 4: The Future of AI in Accounting (36:53) - Juno and Tax Prep Automation (37:52) - The Rise of AI in Cyber Attacks (38:26) - Social Engineering and AI (39:18) - Hidden AI Prompts in Academic Papers (41:25) - AI Security Risks and Internal Controls (45:45) - The Accountant's Labor Shortage (46:59) - Tax Planning Opportunities in the New Bill (56:29) - The Impact of the New Tax Bill (01:00:45) - Final Thoughts and Wrap-Up Show Notes Ramp agents: Let finance teams do finance https://ramp.com/blog/ramp-agents-announcement Microsoft shares $500M in AI savings internally days after cutting 9,000 jobs https://techcrunch.com/2025/07/09/microsoft-shares-500m-in-ai-savings-internally-days-after-cutting-9000-jobs/ Indeed, Glassdoor to lay off 1300 staff amid AI push https://techcrunch.com/2025/07/11/indeed-glassdoor-to-lay-off-1300-staff/ Workday Stock Takes A Hit After Piper Sandler Survey Flags AI-Driven Headwinds, But Retail's Optimistic https://stocktwits.com/news-articles/markets/equity/workday-stock-takes-a-hit-after-piper-sandler-survey-flags-ai-driven-headwinds/ch8GfqaR5kY Elon Musk's xAI launches Grok 4 alongside a $300 monthly subscription https://techcrunch.com/2025/07/09/elon-musks-xai-launches-grok-4-alongside-a-300-monthly-subscription/ Hidden AI prompts in academic papers spark concern about research integrity https://www.japantimes.co.jp/news/2025/07/04/japan/ai-research-prompt-injection/ Tax provisions in the One Big Beautiful Bill Act https://www.journalofaccountancy.com/news/2025/jun/tax-changes-in-senate-budget-reconciliation-bill/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds REFRAME 2025 - http://accountingpodcast.promo/reframe2025 Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jul 10

What happens when AI decides who gets promoted and who gets fired? Blake and David dive into the shocking reality that 60% of managers now use AI for HR decisions, with over 20% letting algorithms make final calls without human oversight. They explore a Stanford study revealing that tax preparers are the #1 profession seeking automation, but only for basic calendar scheduling. Plus, discover why young Americans now rank health over wealth as their top measure of success, and how this generational shift is reshaping talent recruitment in accounting. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas Keeper - http://accountingpodcast.promo/keeper Chapters (01:27) - Tax Prom: The Must-Attend Event (04:15) - AI in HR: Promotions and Firings (08:48) - AI in the Workplace: Automation and Worker Preferences (13:32) - AI Adoption and Security Concerns (18:21) - AI Training and Education in Firms (24:01) - Armanino's New AI-Powered Data Warehouse (33:07) - The Annoying Know-It-All Employee (33:18) - The Perfect AI Assistant (35:48) - Young People's Values on Success (38:55) - Global Perspectives on Success (41:23) - The Talent Shortage in Accounting (43:10) - Unlimited PTO and Burnout (46:53) - Tariffs Update (50:42) - The Big Beautiful Bill (01:03:52) - IRS Staffing Cuts and Refund Delays (01:08:26) - Conclusion and CPE Information Show Notes Half of Managers Use AI To Determine Who Gets Promoted and Fired https://www.resumebuilder.com/half-of-managers-use-ai-to-determine-who-gets-promoted-and-fired/ Future of Work with AI Agents https://futureofwork.saltlab.stanford.edu/ Future of Work with AI Agents: Auditing Automation and Augmentation Potential across the U.S. Workforce https://arxiv.org/abs/2506.06576 What workers really want from artificial intelligence https://hai.stanford.edu/news/what-workers-really-want-from-artificial-intelligence Big 4 Firm Discovers That Bragging About AI Efficiencies Leads Clients to Expect a Discount https://www.goingconcern.com/big-4-firm-discovers-that-bragging-about-ai-efficiencies-leads-clients-to-expect-a-discount/ Monday Morning Accounting News Brief: PwC Clients Ask For an AI Discount; Big 4 Firms Losing Hundreds of Partners https://www.goingconcern.com/monday-morning-accounting-news-brief-pwc-clients-ask-for-an-ai-discount-big-4-firms-losing-hundreds-of-partners-6-30-25/ Armanino planning data warehouse service, used AI for development https://www.accountingtoday.com/news/armanino-planning-data-warehouse-service-used-ai-to-help-development Bolt’s millennial founder has just ‘killed’ its unlimited PTO perk because it was actually causing burnout https://fortune.com/2025/07/02/bolt-millennial-founder-ceo-ryan-breslow-killed-unlimited-pto-burnout-mandatory-four-weeks-paid-vacation-fintech-startup/ Agentic Misalignment: AI Agents in Corporate Environments https://www.anthropic.com/research/agentic-misalignment Relationships, health and financial stability are the defining priorities for Gen Z, according to new EY survey https://www.ey.com/en_gl/newsroom/2025/05/relationships-health-and-financial-stability-are-the-defining-priorities-for-gen-z-according-to-new-ey-survey 2025 Technology Perceptions Survey https://www.intapp.com/2025-tech-perceptions-survey/ Trust, attitudes and use of artificial intelligence https://kpmg.com/us/en/articles/2025/trust-attitudes-and-use-of-artificial-intelligence.html Tax Foundation Tax Prom 2025 https://taxprom.com Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds REFRAME 2025 - http://accountingpodcast.promo/reframe2025 Want to get the word out about your newsletter, webinar, party, Facebo...

Jul 3

What happens when AI agents promise to transform accounting but create more cognitive burden than productivity gains? Blake and David explore the reality behind the AI agent hype as QuickBooks, Digits, and Big Four firms launch their "digital teammates." They also dig into Xero's massive $2.5 billion acquisition of Melio and what it means for the payments landscape. You'll learn why managing AI agents might be like managing offshore contractors—you wake up to work that's 80% done but everyone has questions. Plus, they discuss how external investors are reshaping the profession, why traditional CPA protections might go the way of car dealership laws, and the ongoing problems with audit quality enforcement despite millions in PCAOB fines. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas Human at Scale - http://accountingpodcast.promo/human Chapters (00:00) - Introduction and Welcome (00:42) - David's Return and Big News (01:01) - The Acquisition of Emilio by Xero (01:33) - Implications of the Acquisition (04:52) - David's Journey with Bill Pay Solutions (06:42) - Emilio's Unique Features and Market Impact (10:47) - Xero's New Features and Updates (20:56) - QuickBooks AI Agents: A Game Changer? (31:21) - Digits AI Agents and Their Potential (36:59) - Big Firms Investing in AI (39:48) - Managing AI Agents: The New Workforce (41:09) - Cognitive Load and Productivity Limits (42:45) - Infinite Workdays and AI's Role (44:48) - AI in Accounting: Potential and Pitfalls (46:30) - AI Spending Trends and Future Outlook (47:18) - Building AI Workflows and Multi-Agent Systems (50:40) - Big Four and AI Integration (52:11) - AI-Powered Pricing and Payment Solutions (58:06) - VC-Backed AI Rollups in Accounting (01:01:47) - Regulatory Challenges and Industry Changes (01:09:10) - Audit Quality and PCAOB Fines (01:18:51) - Conclusion and CPE Information Show Notes Xero to acquire Melio, a leading US SMB bill pay solution, to accelerate global growth https://www.prnewswire.com/news-releases/xero-to-acquire-melio-a-leading-us-smb-bill-pay-solution-to-accelerate-global-growth-302490268.html New Zealand's Xero to buy US fintech Melio for up to $3 billion | Reuters https://www.reuters.com/legal/transactional/australia-listed-xero-acquire-fintech-melio-over-25-billion-deal-2025-06-24/ Intuit Introduces Ground-Breaking Virtual Team of AI Agents to Fuel Growth for Businesses https://investors.intuit.com/news-events/press-releases/detail/1258/intuit-introduces-ground-breaking-virtual-team-of-ai-agents-to-fuel-growth-for-businesses Intuit debuts AI agents for QuickBooks | Accounting Today https://www.accountingtoday.com/news/intuit-debuts-ai-agents-for-quickbooks How AI is improving accounting efficiency – without replacing jobs | Stanford Report https://news.stanford.edu/stories/2025/06/ai-accounting-bookkeeping-benefits-jobs AI Is Reshaping Accounting Jobs by Doing the "Boring" Stuff | Stanford Graduate School of Business https://www.gsb.stanford.edu/insights/ai-reshaping-accounting-jobs-doing-boring-stuff PCAOB fines Deloitte, PwC, EY Netherlands member firms for exam misconduct | Accounting Today https://www.accountingtoday.com/news/pcaob-fines-deloitte-pwc-ey-netherlands-member-firms-for-exam-misconduct PCAOB Imposes Fines Totaling $8.5 Million on Netherlands Member Firms of Deloitte, PwC, and EY After Widespread Exam Misconduct https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-imposes-fines-totaling--8.5-million-on-netherlands-member-firms-of-deloitte--pwc--and-ey-after-widespread-exam-misconduct How an Accounting Change Hit Store Prices - UCLA Anderson Review https://anderson-review.ucla.edu/how-an-accounting-change-hit-store-prices Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds REFRAME 2025 -

Jun 25

What happens when 19 states simultaneously abandon the 150-hour CPA requirement while tariffs create unprecedented uncertainty for CFOs? Blake and CFO.com reporter Adam Zaki explore the rapid transformation of CPA licensure—from New York's recent changes to the coordinated state-by-state rollout that followed Barry Melancon's AICPA retirement. You'll discover how political and economic volatility is driving demand for accounting services, why the PCAOB may disappear in the Senate's tax bill, and how AI is reshaping audit teams while raising questions about the future value of CPAs. Plus, insights on navigating everything from reciprocal tariffs to the SEC's new chief accountant. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas Human at Scale - http://accountingpodcast.promo/human Chapters (01:38) - Tariffs and Their Impact on CFOs (03:19) - Supreme Court and Tariff Legalities (05:47) - Economic Impact of Tariffs and Inflation (08:09) - Geopolitical Conflicts and Economic Uncertainty (11:17) - Federal Reserve and Economic Policies (18:51) - CPA Pipeline and 150 Hour Rule Changes (33:08) - Chief Accountant at the SEC (40:11) - Smart Moves by Congress: Nonprofit Pay Scales (40:44) - The Impact of Budget Cuts on PCAOB (41:34) - Challenges in Government Oversight (42:02) - Senate's Big Bill: Key Changes and Controversies (46:25) - Tax Implications and Political Dynamics (52:42) - Business Deductions and Higher Education (55:40) - AI in Accounting: Transforming the Big Four (57:37) - The Future of Accounting Education (01:02:10) - AI's Role in Auditing and the Future Workforce (01:05:19) - The Impact of Automation on Jobs and Society (01:15:48) - Concluding Thoughts and Future Outlook Show Notes Supreme Court Challenge to Trump Tariffs by Toy Companies https://www.reuters.com/legal/supreme-court-trump-tariffs-toy-companies-challenge Consumer Price Index Impact of Current Tariffs https://www.bls.gov/news.release/cpi.nr0.htm New York State CPA Licensure Reform Legislation https://www.nysscpa.org/news/publications/the-trusted-professional/article/new-york-cpa-licensure-reform-passes-legislature Pennsylvania CPA Pathway Bill Senate Approval https://www.picpa.org/articles/advocacy/cpa-pathway-legislation-senate-approval Maine CPA Exam Requirements Change https://www.maine.gov/pfr/professionallicensing/professions/accountants/cpa-exam-requirements CFO.com State-by-State CPA Licensure Tracker https://www.cfo.com/news/cpa-licensure-changes-state-tracker-2025 Kurt Hoel Appointed SEC Chief Accountant https://www.sec.gov/news/press-release/2025-89 AICPA Barry Melancon Retirement Impact Analysis https://www.journalofaccountancy.com/news/2025/01/melancon-retirement-cpa-pipeline-changes Senate Modifications to Big Beautiful Bill https://www.congress.gov/bill/119th-congress/house-bill/1/actions Avalara 2025 Accountants Confidence Report https://www.avalara.com/us/en/resources/reports/2025-accountants-confidence-report PCAOB Elimination Implications Analysis https://www.pcaobus.org/oversight/inspections/implications-elimination-analysis KPMG Clara AI Audit Platform Interview https://www.cfo.com/news/kpmg-thomas-mackenzie-clara-ai-audit-interview PwC USA Tax Leader Agentic AI Implementation https://www.cfo.com/news/pwc-tax-agentic-ai-implementation-2025 Bill.com Small Business Paperless Survey 2030 https://www.bill.com/resources/small-business-paperless-2030-survey Universal Technical Institute CFO Interview https://www.cfo.com/news/uti-cfo-future-higher-education-interview Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Learn more about Adam Zaki: Website: https://www.cfo.com/editors/azaki/ LinkedIn: https://www.linkedin.com/in/adamzakinyc Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://clo...

Jun 19

What happens when venture capitalists spend billions on AI but need customers to buy it? In this episode, Blake and David explore how investment firms are now purchasing accounting firms to force-feed AI adoption, comparing it to Pepsi buying restaurants to sell more soda. They also dig into the massive gap between AI promises and reality, questioning bold claims that 80% of tax prep is now automated while basic bookkeeping tools still make obvious errors. You'll learn about the AICPA's surprising neutrality on eliminating the PCAOB, Billy Long's confirmation as IRS commissioner despite his controversial past, and why accountant optimism has plummeted 58 points in just four months. Plus, discover how Miley Cyrus hid drug purchases from her accountant and why audit reports get downloaded only 30 times despite millions of investors. Sponsors OnPay - http://accountingpodcast.promo/onpay Relay - http://accountingpodcast.promo/relay Keeper - http://accountingpodcast.promo/keeper Payhawk - http://accountingpodcast.promo/payhawk Chapters (00:57) - Updates from AICPA Engage (01:45) - AI in Accounting: Hype vs Reality (03:38) - The Future of the PCAOB (13:52) - The Role of Technology in Accounting (29:15) - Miley Cyrus' Financial Deception (29:56) - Miley Cyrus' Vintage Clothing Purchases (30:32) - Accountant's Responsibility in Client Purchases (32:11) - Billy Long Confirmed as IRS Commissioner (33:03) - Controversial Tribal Tax Credits (36:51) - Elon Musk's Opposition to the Big Beautiful Bill (46:06) - Accounting Firms' Optimism and AI Adoption (49:29) - Conclusion and Sponsor Messages Show Notes CPAacademy 2025 AI and Accounting Report https://www.cpaacademy.org/resources/ai-accounting-report-2025 How to Reimagine Audit Quality Beyond the PCAOB https://www.cpajournal.com/2025/01/15/reimagining-audit-quality-beyond-pcaob/ Inflow Survey: 70% of US Businesses Open to Switching Audit Firms https://www.inflowaudit.com/resources/audit-firm-switching-survey-2025 Gian Porzio LinkedIn Post on Tribal Tax Credit Investigation https://www.linkedin.com/posts/gianporzio_tribal-tax-credits-investigation-billy-long Economist-YouGov Poll on Big Beautiful Bill Public Opinion https://www.economist.com/graphic-detail/2025/06/13/americans-support-musk-criticism-trump-tax-bill CBO Analysis of Big Beautiful Bill Wealth Transfer Effects https://www.cbo.gov/publication/61234 Avalara 2025 Accountants Confidence Report https://www.avalara.com/us/en/resources/reports/2025-accountants-confidence-report.html Center for Audit Quality Audit Partner Pulse Survey https://www.thecaq.org/audit-partner-pulse-survey-2025 European Business Travel to US Drops 25% in April https://www.businesstravelnews.com/Management/European-Business-Travel-US-Drops-Tariff-Concerns Xero 2025 State of the Industry Report https://www.xero.com/us/resources/small-business-insights/state-of-industry-report-2025/ Indiana CPA Society Survey on Firm Headcount Predictions https://www.incpas.org/resources/surveys/firm-headcount-predictions-2025 BDO $1 Billion AI Strategy Investment Announcement https://www.bdo.com/insights/business-financial-advisory/technology/bdo-ai-strategy-investment RSM $1 Billion AI Investment Plan https://rsmus.com/insights/rsm-ai-investment-strategy-2025 Create Professional Alliance CPA $500 Million Investment Plan https://www.createprofessionalalliance.com/investment-strategy Thrive Capital $1 Billion OpenAI Investment Details https://www.techcrunch.com/2024/08/15/thrive-capital-openai-investment-billion General Catalyst Accrual AI Startup and Accounting Firm Acquisitions https://www.generalcatalyst.com/portfolio/accrual-ai-accounting-vertical-integration Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cl...

Jun 14

Live from the Sage Future conference in Atlanta, Aaron Harris, CTO of Sage, joins Blake and David to explain why he wants to completely eliminate the financial close rather than just make it faster. Harris breaks down the three waves of AI transformation in accounting—from task-based automation to generative AI to fully autonomous agents—and reveals how Sage is building custom language models trained specifically on accounting principles with the AICPA. He also discusses the psychology of trust between CFOs and AI systems, introduces Sage's new AI transparency labels, and explains why his company is taking a more cautious approach than competitors like Intuit when deploying autonomous agents. Meet Our Guest, Aaron Harris, CTO, Sage LinkedIn: https://www.linkedin.com/in/aaron-harris-7407b2/ Website: https://www.sageintacct.com/leadership/aaron-harris X: https://x.com/AaronRHarris Learn more about Sage https://www.sage.com/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jun 12

Blake and David return from Sage Future 2025 with insights into how AI is reshaping accounting—from eliminating the financial close to real-world use cases. They also cover Elon Musk and Donald Trump’s public breakup, the latest in Deel’s corporate spying allegations, Deloitte’s unapologetically intense work-life balance ad, and a billion-dollar “AI” startup that turned out to be powered by humans. Sponsors OnPay - http://accountingpodcast.promo/onpay Keeper - http://accountingpodcast.promo/keeper TeamUp - http://accountingpodcast.promo/teamup Payhawk - http://accountingpodcast.promo/payhawk Chapters (00:00) - Welcome to The Accounting Podcast (01:02) - AI in Accounting: Real-World Examples (05:08) - Sage Intacct Roadmap and AI Innovations (12:02) - AI's Impact on Accounting Jobs (18:33) - AI in Auditing: Tools and Trends (26:54) - Internal Audit and AI Adoption (32:36) - Elon Musk and Donald Trump Fallout (35:43) - Impact of Tariffs and Political Alliances (37:03) - Rippling vs. Deel: Allegations and Legal Battles (40:45) - Deloitte's Work-Life Balance Ad Controversy (43:10) - Accounting Profession's Retention and Salary Issues (46:43) - CPA Title Removal Debate (49:23) - 150-Hour Rule and Master's Degree Debate (52:56) - Trump-Musk Fallout and Its Implications (01:01:07) - Alliant Group and IRS Commissioner Controversy (01:05:14) - AI Startup Fraud Exposed (01:07:08) - Conclusion and Announcements Show Notes Real-life ways accountants are using AI https://www.journalofaccountancy.com/issues/2025/jun/real-life-ways-accountants-are-using-ai/ Fieldguide Introduces Industry-Leading Agentic AI for Financial Audit to Improve Quality and Efficiency https://www.globenewswire.com/news-release/2025/06/04/3093606/0/en/Fieldguide-Introduces-Industry-Leading-Agentic-AI-for-Financial-Audit-to-Improve-Quality-and-Efficiency.html Fieldguide launches AI agent to automate audit testing https://www.accountingtoday.com/news/fieldguide-launches-ai-agent-to-automate-audit-testing How KPMG is using AI to revamp their audit practice https://www.cfo.com/news/how-kpmg-thomas-mackenzie-is-using-clara-ai-to-revamp-their-audit-practice-/748316/ KPMG Advances AI Integration in KPMG Clara Smart Audit Platform https://kpmg.com/us/en/media/news/kpmg-clara-smart-audit-platform.html Ex-PwC Partner Says AI Is Coming For Big 4 Jobs in a Big Way https://www.goingconcern.com/ex-pwc-partner-says-ai-is-coming-for-big-4-jobs-in-a-big-way/ PwC's 2025 Global AI Jobs Barometer https://www.pwc.com/gx/en/news-room/press-releases/2025/ai-linked-to-a-fourfold-increase-in-productivity-growth.html From bros to foes: how the unlikely Trump-Musk relationship imploded https://www.reuters.com/world/us/bros-foes-how-unlikely-trump-musk-relationship-imploded-2025-06-06/ Deloitte's Latest Ad Promises Clients Their People Have No Life Whatsoever and Are Always Eager to Serve https://www.goingconcern.com/deloittes-latest-ad-promises-clients-their-people-have-no-life-whatsoever-and-are-always-eager-to-serve/ Microsoft backed this $1.5 billion AI startup that was just discovered to be 700 engineers pretending to be AI https://www.windowscentral.com/microsoft/builder-ai-collapse-microsoft-backed-fake-ai-services Builder.ai faked AI with 700 engineers, now faces bankruptcy and probe https://www.business-standard.com/companies/news/builderai-faked-ai-700-indian-engineers-files-bankruptcy-microsoft-125060401006_1.html Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds

Jun 10

Earmark Media Presents a bonus episode of Earmark Podcast: What happens when Congress votes to eliminate the watchdog that's overseen public company audits for two decades? In this episode, Blake Oliver sits down with three leading accounting academics—Maureen McNichols from Stanford, Nemit Shroff from MIT, and Daniel Aobdia from Penn State—to examine the research behind the PCAOB's effectiveness and what elimination could mean for audit quality. You'll discover why companies with clean audit inspections can raise capital more easily, how the infamous "40% deficiency rate" actually works, and why these researchers believe dismantling the PCAOB could undermine trust in U.S. capital markets. The conversation reveals the hidden economics of audit oversight and explains why there hasn't been a major public company fraud since Enron and WorldCom. Chapters (00:00) - Welcome to the Show (01:10) - Meet the Experts (02:59) - Discussion on PCAOB's Elimination (08:17) - Research Insights on PCAOB's Effectiveness (20:11) - Deficiency Rates and Audit Quality (24:50) - Economic Impact of Fraud and PCAOB's Role (25:20) - Regulatory Model of the PCAOB (25:59) - Incentive Structure and Audit Quality (26:59) - Inspection Deficiency Rates (28:54) - Restatement Rates vs. Deficiency Rates (30:23) - Auditor-Client Relationship Tensions (31:42) - Documentation Issues in Audits (35:15) - Effectiveness of PCAOB Inspections (37:49) - Impact of PCAOB on Financial Reporting Quality (40:33) - Potential Elimination of the PCAOB (44:00) - Conclusion and Final Thoughts Sign up to get free CPE for listening to this podcast https://earmarkcpe.com https://earmark.app/ Earn CPE for this episode https://earmark.app/c/2542 Download the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728 Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app Connect with Our Guests: Maureen McNichols https://www.gsb.stanford.edu/faculty-research/faculty/maureen-mcnichols Nemit Shroff https://mitsloan.mit.edu/faculty/directory/nemit-shroff Daniel Aobdia https://directory.smeal.psu.edu/dza5396 Connect with Blake Oliver, CPA LinkedIn: https://www.linkedin.com/in/blaketoliver Twitter: https://twitter.com/blaketoliver/

Jun 5

What happens when a major newspaper publishes a summer reading list where only five of the 15 books actually exist? Blake and David explore this real example of AI-generated content gone wrong and what it means for accounting professionals who increasingly rely on automated tools. They break down QuickBooks' latest price increases, demonstrate how AI can now build complex consolidation spreadsheets in minutes, and discuss why Excel skills still outrank AI knowledge in finance hiring. Plus, they examine the legal challenges facing Trump's tariff policies, alternative CPA pathway expansion, and hear from accounting student Jason Farley about the dangerous gap between classroom education and real-world cloud accounting practice. Sponsors Payhawk - http://accountingpodcast.promo/payhawk Keeper - http://accountingpodcast.promo/keeper REFRAME 2025 - http://accountingpodcast.promo/reframe2025 TeamUp - http://accountingpodcast.promo/teamup Chapters (00:48) - Summer Reading List Mishap (02:52) - AI and the Future of Fact-Checking (05:27) - AI Video Generators and Fake News (08:20) - QuickBooks and AI Pricing Debate (09:16) - Elon Musk and Government Efficiency (10:41) - The Big Beautiful Bill and Its Implications (18:29) - Tariffs and Trade Wars (39:48) - Excel vs AI in Finance (42:42) - The Rise of Excel: A Brief History (43:44) - Introducing Perplexity AI: A Versatile Tool (53:56) - Alternative CPA Pathways and Legislative Changes (55:07) - The Role of the PCAOB in Audit Quality (59:25) - Controversies Surrounding IRS Commissioner Nominee Billy Long (01:03:59) - The Future of Accounting Internships and Outsourcing (01:20:20) - Perplexity's Onboarding Process: Results and Insights (01:24:38) - Upcoming Conferences and Closing Remarks Show Notes Chicago Sun-Times fake summer reading list article https://www.chicagosuntimes.com/fake-summer-reading-list-2025 South Carolina passes alternative CPA pathway legislation https://www.scstatehouse.gov/cpa-pathway-legislation-2025 New Jersey alternative CPA pathway bill https://www.njleg.state.nj.us/bills/cpa-alternative-pathway-2025 Oregon CPA licensure reform legislation https://www.oregonlegislature.gov/cpa-pathway-reform-2025 Minnesota CPA education requirements change https://www.revisor.mn.gov/cpa-education-requirements-2025 Illinois CPA pathway legislation https://www.ilga.gov/cpa-pathway-bill-2025 Trump tariffs constitutional challenge court ruling https://www.reuters.com/legal/trump-tariffs-constitutional-challenge-2025 Court of International Trade blocks global tariffs https://www.cit.uscourts.gov/trump-tariffs-ruling-2025 International Emergency Economic Powers Act tariff authority https://www.treasury.gov/ieepa-tariff-authority-analysis PCAOB elimination provision in tax bill https://www.congress.gov/bill/pcaob-elimination-provision Billy Long IRS Commissioner confirmation hearing https://www.finance.senate.gov/billy-long-confirmation-hearing Billy Long tribal tax credits promotion controversy https://www.irs.gov/tribal-tax-credits-fraud-warning Federal Tax Updates podcast with Danny Werfel https://federaltaxupdates.com/danny-werfel-interview Solutions Magazine Excel vs AI survey https://solutionsmagazine.com/excel-ai-finance-survey-2025 Microsoft Excel 40th anniversary analysis https://www.technologylab.com/excel-40-years-anniversary QuickBooks pricing increases for AI features https://quickbooks.intuit.com/pricing-changes-ai-features-2025 Puzzle AI accounting platform pricing https://puzzle.io/pricing Digits AI bookkeeping service costs https://digits.com/pricing-plans Uplink AI bookkeeping pricing structure https://uplink.com/ai-bookkeeping-pricing Altman Dublin AI accounting company funding https://altman.ie/series-a-funding-announcement Perplexity Labs spreadsheet creation feature https://labs.perplexity.ai/spreadsheet-tools Microsoft Office bundling strategy vs Lotus 123 https://www.computerhistory.org/excel-lotus-competition Meet our Guest, Chayton Farlee LinkedIn: https://www.linkedin.com/in/chaytonfarlee/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . Need Accounting Conference Info? Check out our new website -

May 30

How close are we to expense reports that create themselves? In this crossover episode recorded live at Emburse in Motion, Blake Oliver explores real-world AI implementation with Adriana Carpenter, CFO of Emburse, and Olga Pavlova from PizzaExpress. Discover how PizzaExpress manages 350+ restaurant locations using AI to automatically flag policy violations and detect hidden SaaS subscriptions buried in expense reports. You'll learn specific strategies for vendor consolidation that deliver immediate cost savings, plus hear Adriana's vision for AI agents that guide employees through policy compliance in real time. From keyword detection that prevents VAT errors to mobile-first expense reporting that's "quarters away, not years away," this episode reveals practical automation wins you can implement today. Meet Our Guests: Adriana Carpenter CFO, Emburse LinkedIn: https://www.linkedin.com/in/adriana-carpenter-487507a/ Learn more about Emburse https://www.emburse.com/company/about-emburse Olga Pavlova-Grebliauske FCCA LinkedIn: https://www.linkedin.com/in/olga-pavlova-grebliauske-fcca-8a625470/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

May 28

What happens when Congress passes a $3.8 trillion deficit-increasing bill by just one vote while promising fiscal responsibility? Blake and David break down the "Big Beautiful Bill" and reveal who really benefits—spoiler alert: it's not the middle class or the national debt. They explore QuickBooks' aggressive new AI agents rollout with price hikes up to 17%, examine why Tesla's CPA CFO earned $139 million in one year, and uncover how tariff-stressed businesses are weaponizing invoice rejections to manage cash flow. You'll discover why the time-based billing model is fundamentally broken in accounting, learn about the emerging "Next 12" tier of accounting firms, and understand why partners work the most hours while achieving only 6.9/10 job satisfaction. Sponsors Relay - http://accountingpodcast.promo/relay TeamUp - http://accountingpodcast.promo/teamup REFRAME 2025 - http://accountingpodcast.promo/reframe2025 Payhawk - http://accountingpodcast.promo/payhawk Chapters (00:44) - The Big Beautiful Bill Act Overview (03:13) - Public Perception and Survey Insights (04:51) - Tax Implications and Specific Provisions (19:24) - National Debt Concerns (29:35) - QuickBooks AI Agents and Price Increases (32:52) - AI and Automation in Accounting (33:52) - Intuit's Earnings and Stock Performance (34:53) - Price Increases for QuickBooks Products (36:53) - AI Agents and QuickBooks Plans (38:01) - Impact of AI on Accounting Apps (38:56) - Intuit Enterprise and Accountants' Role (39:28) - Reframe 2025 Conference (42:40) - Big Four Transparency and Work Hours (48:18) - Tariffs and Invoice Rejections (54:52) - Big Four vs. Next 12 Accounting Firms (01:00:48) - Conclusion and CPE Information Show Notes Do Americans Support Trump's 'Big, Beautiful' Budget Package? What Poll Found Before it Passed in House https://www.cpapracticeadvisor.com/2025/05/22/do-americans-support-trumps-big-beautiful-budget-package-what-poll-found-before-it-passed-in-house/161567/ Tesla CFO earns staggering $139 million compensation package https://www.foxbusiness.com/markets/tesla-cfo-earns-staggering-139-million-compensation-package Tesla Exec Receives Record Pay Package, Highest Paid CFO https://www.entrepreneur.com/business-news/tesla-exec-receives-record-pay-package-highest-paid-cfo/491938 Tesla CFO Vaibhav Taneja draws record $139 million salary https://americanbazaaronline.com/2025/05/21/tesla-cfo-vaibhav-taneja-draws-record-139-million-salary-462881/ Big 4 Transparency - Awards Season https://big4transparency.beehiiv.com/p/big-4-transparency-awards-season Tariffs & Trade Uncertainty Creates Invoice Rejections Surge https://procurementmag.com/news/tariffs-trade-uncertainty-creates-invoice-rejections-surge Invoice rejection spike suggests tactic's use as tariff buffer, study says https://www.cfodive.com/news/invoice-rejection-spike-suggests-tactics-use-as-tariff-buffer-study-says/748528/ Art of Accounting: Analysis of Top 100 Firms data https://www.accountingtoday.com/opinion/art-of-accounting-analysis-of-top-100-firms-data The corporate work week grows even longer https://www.cfo.com/news/the-corporate-work-week-grows-even-longer-survey-microsoft-reclaim-ai-/748628/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds REFRAME 2025 - http://accountingpodcast.promo/reframe2025 Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a cla...

May 22

Could the Pope be on the hook for US taxes? As the first American elected Pope, Leo XIV faces an unusual conundrum under US citizenship rules. Meanwhile, Intuit's controversial new API pricing has developers reeling, and Hector Garcia joins the conversation to explain why this "tariff" threatens the entire QuickBooks ecosystem. Blake and David also examine how companies use foreign trade zones to dodge Trump's tariffs, unpack the AICPA's new CPA licensure model, and reveal shocking numbers on government fraud that could approach $1 trillion annually. Plus, discover why 99.99% of Trump Memecoin buyers lost money while just 58 wallets walked away with billions. Sponsors REFRAME 2025 - http://accountingpodcast.promo/reframe2025 TeamUp - http://accountingpodcast.promo/teamup Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) Payhawk - http://accountingpodcast.promo/payhawk Chapters (01:54) - South Carolina State Treasurer Ousted (04:04) - Deal CEO Relocates Amid Lawsuit (05:28) - Live Stream Interactions (07:29) - Introducing Hector Garcia and Reframe (08:19) - Intuit Developer Program Changes (09:53) - Discussion on API Charges and Developer Impact (16:37) - Speculations and Theories on Intuit's Strategy (28:56) - Reframe Conference Details (31:30) - Trump's Tariffs and Foreign Trade Zones (33:52) - Introduction to Free Trade Zones (34:42) - Arizona's Dominance in Free Trade Zones (37:41) - Legal Challenges to Trump's Tariffs (40:29) - Intuit's Political Maneuvering (44:53) - New CPA Licensure Model (57:43) - Fraud and Government Inefficiencies (01:06:27) - Closing Remarks and New Podcasts Show Notes South Carolina Senate votes to remove state treasurer over $1.8 billion accounting error https://www.thestate.com/news/politics-government/article287284067.html Deal CEO Alex Bouaziz relocates to Dubai amid Rippling lawsuit https://techcrunch.com/2024/04/15/deal-ceo-alex-bouaziz-has-relocated-to-dubai-amid-the-rippling-lawsuit/ Rippling raises $450 million at $16.8 billion valuation https://techcrunch.com/2024/04/16/rippling-raises-450m-at-16-8b-valuation/ AICPA and NASBA release model legislation for new CPA licensure pathway https://www.journalofaccountancy.com/news/2024/apr/aicpa-nasba-release-model-legislation-new-cpa-licensure-pathway.html Florida Institute of CPAs successfully pauses bill to eliminate licensing boards https://www.ficpa.org/article/ficpa-advocacy-update-on-house-bill-639 American Pope Leo XIV may need to file US tax returns https://www.cnbc.com/2024/04/23/american-pope-leo-xiv-may-need-to-file-us-tax-returns.html Foreign Trade Zones become tariff shelters amid Trump's trade policies https://www.wsj.com/economy/tariffs/foreign-trade-zones-become-tariff-shelters-for-small-firms-a5e81093 Federal court questions constitutionality of Trump's Liberation Day tariffs https://www.reuters.com/legal/us-trade-court-questions-legality-biden-tariffs-2024-04-17/ Elon Musk stepping aside at DOGE while work continues through 2026 https://www.axios.com/2024/04/22/elon-musk-stepping-aside-doge-june IRS fails to meet improper payment rate goals for refundable tax credits https://www.treasury.gov/tigta/auditreports/2024reports/202440032fr.pdf Criminal groups stealing up to $1 trillion from US government programs https://www.nbcnews.com/business/economy/hackers-stealing-us-government-money-rcna150024 99.99% of Trump Memecoin buyers lost money while 58 wallets made over $10 million each https://www.chainalysis.com/reports/trump-memecoin-analysis-2024/ Intuit's record lobbying spending and Republican support to eliminate IRS Direct File https://www.opensecrets.org/news/2024/04/intuit-turbotax-parent-spends-record-on-lobbying-amid-direct-file-rollout/ Intuit Developer Program Changes https://developer.intuit.com/app/developer/homepage Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube:

May 16

What if your firm could cut its tech stack in half while delivering faster results to clients? In this episode, Blake and David explore the consolidation revolution in accounting software as practice management tools secure massive funding rounds. They also break down how private equity is reshaping the profession's business model, with some firms now prohibiting CPAs from using their credentials in email signatures. Plus, discover why a proposed Florida bill eliminating the Board of Accountancy could have nationwide implications for licensed professionals. Learn why shorter turnaround times—not lower prices—might be your most cost-effective path to happier clients in today's AI-transformed landscape. Sponsors OnPay - http://accountingpodcast.promo/onpay Relay - http://accountingpodcast.promo/relay REFRAME 2025 - http://accountingpodcast.promo/reframe2025 Payhawk - http://accountingpodcast.promo/payhawk Chapters (01:14) - Today's Topics Overview (03:53) - Travel Stories and Observations (05:14) - Conference Highlights and Industry Insights (16:50) - Florida CPA Threat and Licensing Issues (21:21) - Private Equity in Accounting Firms (39:39) - IRS Workforce Reduction Update (44:04) - IRS and ICE Data Sharing Agreement (45:42) - Proposed Bill to Regulate Tax Preparers (47:37) - Americans' Perception of Tax Fairness (52:16) - Improving Client Satisfaction in Tax Services (01:01:36) - Consolidation in Accounting Tech: Xero and Bill.com (01:03:43) - Gusto Expands into AR and AP (01:12:02) - The Impact of AI on Accounting Jobs Show Notes Firms with AI report higher per-employee revenue vs others https://www.accountingtoday.com/news/firms-with-ai-report-higher-per-employee-revenue-vs-others 50% of finance teams still take over a week to close the books https://www.cfo.com/news/50-of-finance-take-week-to-close-books-ledge-month-end-close-time-cfo-three-day-close-myth-/746085/ Shorter Turnaround Equals Happier Tax Clients https://www.cpatrendlines.com/2025/05/shorter-turnaround-equals-happier-tax-clients/ Less than half of Americans believe federal income taxes are fair, Gallup poll finds https://news.gallup.com/poll/taxes-fairness-poll-2025.aspx Florida bill threatens to eliminate Board of Accountancy https://www.goingconcern.com/florida-bill-threatens-to-eliminate-board-of-accountancy/ 13 regional accounting firms unite under Sorin brand backed by private equity https://www.accountingtoday.com/news/13-regional-accounting-firms-unite-under-sorin-brand Bennett Thrasher rejects private equity, champions independence https://www.accountingtoday.com/news/bennett-thrasher-rejects-private-equity-champions-independence Interest in accounting rising among students, CAQ survey finds https://www.thecaq.org/accounting-interest-students-survey-2025/ Treasury to stop issuing and accepting paper checks effective September 30, 2025 https://home.treasury.gov/news/press-releases/paper-checks-phase-out-2025 IRS and ICE reach agreement to share immigrants' tax information https://www.irs.gov/newsroom/information-sharing-agreement-ice-2025 Bill to regulate tax preparers introduced in Congress https://www.congress.gov/bill/tax-preparer-regulation-2025 Canopy raises $70 million Series C for practice management software https://www.canopytax.com/blog/70-million-series-c-funding-2025 Thoma Bravo invests $100 million in HubSync for accounting technology growth https://www.hubsync.com/news/thoma-bravo-investment-100-million Xero and Bill forming alliance for embedded bill pay in the US https://www.xero.com/blog/2025/05/bill-partnership-announcement/ Melio to embed payments for AR and AP inside Gusto https://www.melio.com/blog/melio-gusto-partnership-2025 Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http...

May 7

Could AI create a $20 trillion professional services earthquake? In this episode, Blake and David dive into the data showing that AI firms generate $45,000 more revenue per employee than non-adopters. You'll discover how AI is reshaping traditional accounting and what Claude's new ability to connect with your Gmail and calendar means for productivity. They also demonstrate how indistinguishable AI-cloned voices have become, sharing practical tips to protect yourself and clients from increasingly sophisticated voice scams. Plus, hear why the "impossible" US customs broker exam (with its shocking 4% pass rate) might offer accountants a lucrative alternative career path as tariff disputes heat up. Sponsors OnPay - http://accountingpodcast.promo/onpay Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) Reframe - http://accountingpodcast.promo/reframe2025 Payhawk - http://accountingpodcast.promo/payhawk Chapters (00:37) - The Impact of AI on Accounting Firms (02:04) - Voice AI Scams and Protection Tips (03:34) - Legislative Updates and Industry News (05:44) - Live Stream Shoutouts and Sponsor Acknowledgements (06:50) - AI in Accounting: Revenue and Efficiency Insights (14:01) - AI Voice Cloning Demonstration (16:29) - Protecting Against AI Voice Scams (24:12) - AI's Impact on Work and Productivity (32:32) - AI in Tax and Accounting Firms (38:19) - Success in Contract Drafting (38:43) - Starbucks' Automation Reversal (41:07) - AI and Productivity Gains (53:58) - The Great Legacy Extinction (01:08:58) - The Impossible Tariff Test (01:13:09) - Private Equity in Accounting Firms (01:16:03) - Conclusion and CPE Credits Show Notes Firms with AI report higher per-employee revenue vs others https://www.accountingtoday.com/news/firms-with-ai-report-higher-per-employee-revenue-vs-others Nine Ways to Protect Yourself from 'Impostor' Voice Scams https://www.magzter.com/stories/newspaper/The-Wall-Street-Journal/NINE-WAYS-TO-PROTECT-YOURSELF-FROM-IMPOSTOR-VOICE-SCAMS Danish study challenges claims about AI disrupting the labor market https://getcoai.com/news/danish-study-challenges-claims-about-ai-disrupting-the-labor-market/ 50% of finance teams still take over a week to close the books https://www.cfo.com/news/50-of-finance-take-week-to-close-books-ledge-month-end-close-time-cfo-three-day-close-myth-/746085/ The Great Legacy Extinction: AI's $20T Takeover of Professional Services https://www.venrock.com/insights/insights-technology/the-great-legacy-extinction-ais-20t-takeover-of-professional-services/ What Do You Think of the New PwC Logo? https://www.cpapracticeadvisor.com/2025/04/30/what-do-you-think-of-the-new-pwc-logo/159946/ Big Four accounting firm PwC to slash about 1,500 jobs in the US https://www.reuters.com/sustainability/accounting-firm-pwc-cut-1500-us-jobs-ft-reports-2025-05-05/ How are different accounting firms using AI? https://tax.thomsonreuters.com/blog/how-do-different-accounting-firms-use-ai/ Customs Broker License Exam (CBLE) https://www.cbp.gov/trade/programs-administration/customs-brokers/license-examination-notice-examination Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring The Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds REFRAME 2025 - http://accountingpodcast.promo/reframe2025 Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is availa...

May 1

Could you spend years earning your CPA license only to be told you can't use it? In this episode, Mark Koziel, president of the AICPA, joins Blake and David to discuss the shocking trend of firms prohibiting CPAs from identifying themselves as such in emails, on business cards, and even on LinkedIn. Blake and David also explore the economic uncertainty created by Trump's tariff policies, with major corporations cutting costs and delaying investments. Plus, learn about Republican plans to eliminate the PCAOB, the wave of states creating alternative CPA pathways, and why Ramp could become the federal government's spend management platform. Sponsors OnPay - http://accountingpodcast.promo/onpay Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) Cloud Accountant Staffing - http://accountingpodcast.promo/cas RoboDebit - http://accountingpodcast.promo/robodebit Chapters (01:13) - Top News Stories of the Week (04:18) - Ramp's Ambitious Federal Government Plans (14:04) - Republican Plans to Scrap PCAOB (17:56) - Impact of Tariffs on Major Corporations (28:45) - IRS Leadership Changes (32:31) - Private Equity's New Accounting Firm (36:03) - CPA Pipeline Updates: Tennessee, Texas, and Indiana (37:46) - Republicans and the Millionaire Tax Idea (40:20) - Interview with Mark Koziel: CPA Title Controversy (01:06:36) - Fun Facts: The Cost of Replacing the Pope (01:08:43) - Earn Free CPE on Earmark Show Notes Trump Team Eyes Politically Connected Startup to Overhaul $700 Billion Government Payments Program https://www.propublica.org/article/trump-peter-thiel-ramp-gsa-smartpay-expense-payment-system Big 4 Alum Start Their Own Thing Hoping Clients Want Something Different and Conflict-Free https://www.goingconcern.com/big-4-alum-start-their-own-thing-hoping-clients-want-something-different-and-conflict-free/ Texas passes CPA law as push to lower licensure barrier gains steam https://www.cfodive.com/news/broadening-cpa-licensure-paths-marching-beyond-150-hour-rule-accounting-talent-shortage/745282/ Draft bill would eliminate PCAOB https://www.accountingtoday.com/news/draft-bill-would-eliminate-pcaob-empower-sec Why The IRS Went Through 4 Acting Commissioners In 3 Months https://abovethelaw.com/2025/04/why-the-irs-went-through-4-acting-commissioners-in-3-months/ 'Hard no': Millionaire tax hike proposal has House Republicans divided https://www.foxnews.com/politics/hard-no-millionaire-tax-hike-proposal-has-house-republicans-divided Tariffs and global trade: The economic impact on business https://www.mckinsey.com/capabilities/geopolitics/our-insights/tariffs-and-global-trade-the-economic-impact-on-business Firms with AI report higher per-employee revenue https://www.accountingtoday.com/news/firms-with-ai-report-higher-per-employee-revenue-vs-others The mysterious donor who paid for Pope Francis' funeral https://en.ara.cat/misc/the-mysterious-donor-who-paid-for-pope-francis-funeral_1_5357026.html Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds REFRAME 2025 - http://accountingpodcast.promo/reframe2025 Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top o...

Apr 25

In this bonus episode, David teams up with Caleb and Zach from Oh My Fraud to unpack the 2016 film The Accountant. Together, they explore how Hollywood portrays forensic accounting, internal controls, and what happens when your auditor brings a thermos full of sniper parts. Connect with David and Caleb https://www.linkedin.com/in/davidleary https://www.linkedin.com/in/calebnewquist Oh My Fraud Episodes mentioned in this episode https://ohmyfraud.com/episodes/the-fraud-came-first-remembering-crazy-eddie-with-gary-weiss https://ohmyfraud.com/episodes/meet-the-fraudster-nathan-mueller https://ohmyfraud.com/episodes/blow-the-whistle-with-jason-zuckerman-and-matt-stock Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Apr 23

Could AI be doing a day's work in just minutes for accountants? In this episode, Blake and David explore how accounting technology is revolutionizing traditional workflows, from Xero's new AI protocol that connects chatbots directly to accounting data, to Google's game-changing "I" function in Sheets that lets you analyze data with natural language. You'll discover why deep research tools might replace entire teams of analysts and why revealing your AI usage might actually hurt your professional reputation. Plus, hear about unusual recession indicators (men's underwear sales are down!), what Americans consider financial success versus reality, and why accountants everywhere are buzzing about Baker Tilly's merger with Moss Adams. Whether you're curious about automating journal entries or simply wondering if you should disclose your AI wizardry, this episode delivers practical insights for the modern finance professional. Sponsors Payhawk - http://accountingpodcast.promo/payhawk Relay - http://accountingpodcast.promo/relay Cloud Accountant Staffing - http://accountingpodcast.promo/cas RoboDebit - http://accountingpodcast.promo/robodebit Chapters (00:00) - Introduction and Podcast Overview (00:39) - App News and Intuit Updates (07:53) - Intuit's AI and Bitcoin Controversy (11:10) - Xero Innovations (20:16) - Paychex Acquires Paycor (21:11) - Flowcast's AI Agents (25:17) - Pipe Acquires Glean AI (26:28) - Google Sheets AI Formula (34:30) - Google Agent Space (42:29) - AI's Impact on High-Level Jobs (43:12) - Testing AI with Investment Analysis (44:25) - Mother Road Brewery Investment Evaluation (49:31) - Canva's New Sheets Feature (54:31) - Google's Monopoly and Data Breach News (58:22) - AI Disclosure in the Workplace (01:05:51) - Mega Merger of Accounting Firms (01:11:26) - Signs of a Recession (01:17:45) - Upcoming Events and CPE Opportunities Show Notes Accelerating Money Innovation with Deserve Technology Platform and Talent https://www.intuit.com/blog/news-social/accelerating-money-innovation-with-deserve-technology-platform-and-talent/ WARNING: Quickbooks Checking https://quickbooks.intuit.com/learn-support/en-us/banking/warning-quickbooks-checking/00/1516063 Green Dot considers sale as CEO exits https://www.paymentsdive.com/news/green-dot-citi-strategic-review-sale-ceo-exit-gresham/742096/ Intuit Enterprise Suite Spring update features more efficient multi-entity accounting, enhanced reporting, and more https://quickbooks.intuit.com/r/enterprise/intuit-enterprise-suite-spring-2025-release-notes/ Strive targets Intuit for Bitcoin buys after orange-pilling GameStop https://cointelegraph.com/news/strive-targets-intuit-bitcoin-buys-after-gamestop Xero Rolls Out New "Reconcile Period" Feature https://insightfulaccountant.com/accounting-tech/general-ledger/xero-rolls-out-new-reconcile-period-feature/ Xero introduces new Model Context Protocol server for smarter accounting https://devblog.xero.com/xero-introduces-new-model-context-protocol-server-for-smarter-accounting-4d195ccaeda5 Paychex Acquires Paycor in $4.1 Billion Deal https://www.pymnts.com/acquisitions/2025/paychex-acquires-paycor-in-4-1-billion-deal/ Introducing FloQast AI Agents: Revolutionizing Accounting Automation https://www.floqast.com/blog/introducing-floqast-ai-agents-revolutionizing-accounting-automation Pipe Acquires Glean.ai to Add Spend Management to Suite of Embedded Financial Solutions https://pipe.com/resources/press-releases/pipe-acquires-glean-ai-to-add-spend-management-to-suite-of-embedded-financial-solutions ​ Google Sheets Introduces AI-Powered =AI() Formula for Enhanced Productivity​ https://yourstory.com/2025/04/google-sheets-ai-formula-gemini Scale enterprise search and agent adoption with Google Agentspace https://cloud.google.com/blog/products/ai-machine-learning/google-agentspace-enables-the-agent-driven-enterprise Sarah Friar’s LinkedIn Post … https://www.linkedin.com/posts/sarah-friar_what-an-ai-powered-finance-function-of-the-activity-7259765674506399744-IKQD OpenAI CFO Sarah Friar: We are building a lot of IP down into the data center layer https://www.cnbc.com/video/2025/03/20/openai-cfo-sarah-friar-we-are-building-a-lot-of-ip-down-into-the-data-center-layer.html Introducing Visual Suite 2.0: Productivity, meet creativity https://www.canva.com/newsroom/news/canva-create-2025/ Department of Justice Prevails in Landmark Antitrust Case Against Google https://www.justice.gov/opa/pr/department-justice-prevails-landmark-antitrust-case-against-google Dark Web Digest – Lessons Learned from the Wolters Kluwer Data Breach https://www.purevpn.com/blog/dark-web-digest-issue-4-wolters-kluwer/ New HEC Paris research suggests that shadow adoption of ChatGPT could benefit employees but not the firms https://www.hec.edu/en/news-room/new-hec-p...

Apr 15

What happens when a trade war meets bureaucratic red tape? In this episode, Blake and David dive into the explosive impact of 145% tariffs on Chinese goods and what it means for American businesses' bottom lines. Through real-world examples—from small retailers to tech giants like Apple—they break down how these policies could devastate supply chains and force difficult decisions for companies caught in the crossfire. Meanwhile, the Department of Government Efficiency is shaking up the IRS, transforming a login button change from a 103-day project into a 71-minute fix. But that's not all: CPAs at private equity-owned firms are now being told to remove their credentials from email signatures and LinkedIn profiles. Tune in to understand how these seemingly separate issues reflect larger battles over professional identity, government efficiency, and America's economic future. Sponsors RoboDebit - http://accountingpodcast.promo/robodebit Cloud Accountant Staffing - http://accountingpodcast.promo/cas Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) Chapters (01:40) - Weekly News Roundup (03:03) - IRS Updates and Controversies (03:59) - Private Equity and CPA Titles (05:08) - Government Efficiency and IRS Hackathon (20:08) - Tariffs and Trade Wars (29:19) - Impact of Tariffs on Businesses (47:55) - Economic Impact of Tariffs and Debt (48:48) - Trump Administration's Strategic Challenges (49:36) - Job Loss Projections Due to Tariffs (52:31) - China's Economic Transformation and Future (56:05) - Human Impact of US-China Trade Policies (01:00:10) - IRS Sharing Tax Information with Homeland Security (01:04:28) - Private Equity's Influence on CPA Firms (01:17:51) - Shopify's AI Hiring Policy (01:30:47) - Conclusion and Announcements Show Notes Department of Government Efficiency – X posting on re-engineering a 103-day project https://x.com/DOGE/status/1910067646827057152 DOGE plans now reportedly include an IRS ‘hackathon’ https://www.theverge.com/news/644327/musk-doge-irs-hackathon-taxpayer-data-transfer-cloud IRS Workers Get Final Chance to Take Deferred Resignation Offer https://www.cpapracticeadvisor.com/2025/04/07/irs-workers-get-final-chance-to-take-deferred-resignation-offer/158668/ Appeals Court Clears Path for Trump to Resume Firing ... https://www.nytimes.com/2025/04/09/us/politics/trump-federal-workers-firing.html Elon Musk Secretly Working to Rewrite the Social Security Codebase Using AI https://futurism.com/elon-musk-rewriting-social-security-code-ai Pentagon hits Accenture, Booz Allen and Deloitte with contract cancellations https://www.nextgov.com/acquisition/2025/04/pentagon-hits-accenture-booz-allen-and-deloitte-contract-cancellations/404525/?oref=ng-homepage-river Here’s the iPhone. Here’s the iPhone With Tariffs. https://www.wsj.com/tech/personal-tech/iphone-apple-tariffs-china-bb20c7a3 Between tariffs and survival, American business owners are doing alarming math https://www.npr.org/2025/04/07/nx-s1-5352833/trump-tariffs-china-manufacturing-businesses At Home Group, Stung by Trade War, Explores Bankruptcy https://www.wsj.com/articles/at-home-group-stung-by-trade-war-explores-bankruptcy-853b9a83 How Much Revenue Can Tariffs Really Raise for the Federal Government? https://taxfoundation.org/research/all/federal/universal-tariff-revenue-estimates/ IRS agrees to share tax information of undocumented immigrants with Ice https://www.theguardian.com/us-news/2025/apr/08/irs-ice-tax-data Acting IRS commissioner resigning after agency reaches data-sharing deal with immigration authorities https://www.cnn.com/2025/04/08/politics/melanie-krause-acting-irs-commissioner-resigning/index.html Accounting firm that sold out to private equity is now requiring CPAs that work for them to stop using "CPA" on their personal LinkedIn and in email signatures https://www.reddit.com/r/Accounting/comments/1jx2338/accounting_firm_that_sold_out_to_private_equity/?rdt=47047 Shopify CEO: No new hires, unless you prove AI can’t do the job https://thehill.com/policy/technology/5239841-shopify-ceo-ai-first-hiring KPMG’s new AI bot has cut interview scheduling time by almost 60% and saved more than 1,000 hours for the talent acquisition team https://finance.yahoo.com/news/kpmg-ai-bot-cut-interview-121831887.html Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus .

Apr 10

Earmark Media Presents a bonus episode of Earmark Podcast: Join Blake Oliver as he interviews Yuri Kapilovich, a CPA who's cracked the code on balancing work and life in accounting. Discover how Yuri maintains a thriving practice while working just 10-15 hours per week outside tax season and a maximum of 40 hours during crunch time. Learn actionable strategies for setting the right fees, optimizing workflows, and prioritizing fun and family without sacrificing success. Yuri will share his insights on transforming accounting from a grueling profession into an enjoyable and rewarding career. This webinar will equip you with practical tools to revolutionize your work-life balance and rediscover the joy in accounting. Don’t miss this opportunity to make your career more fulfilling and efficient! (Originally recorded on December 4, 2024, on Earmark Webinars+) Meet Our Guest, Yuri Kapilovich LinkedIn: https://www.linkedin.com/in/ykapilovich/ Learn more about The Fun CPA https://www.thefuncpa.co/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Apr 8

Could AI-generated fake receipts upend expense reporting as we know it? In this eye-opening episode, Blake and David demonstrate live how easy it's becoming to create convincing financial documents with AI—from receipts to audit opinions. They break down why Trump's new "reciprocal" tariffs aren't what they seem (complete with meaningless Greek symbols) and how they're already triggering market turbulence. You'll also learn why the federal government is ending paper checks by September, potentially saving hundreds of millions while reducing fraud by 16x. Plus, discover why Signal might be the most secure messaging option for your sensitive client communications. Whether you're concerned about fraud detection, economic impacts on your clients, or evolving professional standards, this episode delivers practical insights for navigating today's rapidly changing landscape. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) Chapters (02:49) - Implications of AI-Generated Receipts (05:23) - Sponsor Acknowledgements and Livestream Interaction (06:15) - Deep Dive into Trump's Tariffs (09:27) - Economic Impact of Tariffs (22:57) - Creating Fake Receipts with AI (37:01) - Signal App and Secure Communication for Accountants (42:22) - Corporate Espionage and Fraud Cases (47:23) - Generating a Fake Audit Report with AI (52:19) - Discussing Douglas Edelman's Tax Evasion (56:33) - Deloitte Layoffs Due to Federal Crackdown (01:00:14) - Mandating Electronic Federal Tax Transactions (01:10:08) - IRS and ICE Coordination on Unauthorized Immigrants (01:13:34) - Alternative Pathways to Becoming a CPA (01:20:24) - Critique of Big Four Accounting Firms (01:28:01) - Upcoming Events and New Content on Earmark Show Notes ChatGPT’s new image generator is really good at faking receipts https://techcrunch.com/2025/03/31/chatgpts-new-image-generator-is-really-good-at-faking-receipts/ Markets Swing Wildly After Trump Holds His Ground on Tariff Plan https://www.wsj.com/livecoverage/stock-market-trump-tariffs-trade-war-04-07-25 Trump’s Reciprocal Tariff Calculations Are Nonsense, Will Punish Mutually Beneficial Trade https://taxfoundation.org/blog/trump-reciprocal-tariffs-calculations/ Stellantis to temporarily lay off 900 US workers as tariffs bite https://www.reuters.com/business/autos-transportation/stellantis-says-will-temporarily-lay-off-900-us-workers-following-tariff-2025-04-03 Modernizing Payments To and From America’s Bank Account https://www.whitehouse.gov/presidential-actions/2025/03/modernizing-payments-to-and-from-americas-bank-account/ The Trump Administration Accidentally Texted Me Its War Plans https://www.theatlantic.com/politics/archive/2025/03/trump-administration-accidentally-texted-me-its-war-plans/682151/ @parkerconrad Tweet: Rippling sued @Deel today … https://x.com/parkerconrad/status/1901615179718406276 Scoop: Fashion startup accuses founder of misconduct, after raising $534 million https://www.axios.com/2025/03/31/scoop-caastle-founder-hunsicker-misconduct ​ The $7 Billion Defense Contractor Who Became One of America’s Biggest Alleged Tax Cheats https://www.wsj.com/us-news/law/douglas-edelman-alleged-tax-fraud-who-ee65ea61 Deloitte is planning layoffs after a federal crackdown on consulting contracts https://finance.yahoo.com/news/deloitte-planning-layoffs-federal-crackdown-063253531.html DOGE’s private contract crackdown has eliminated more than 120 Deloitte contracts—more than twice the amount of any other consultancy https://fortune.com/2025/04/03/doge-private-contract-crackdown-deloitte-consultancies/ Probationary IRS workers will be back to work before Tax Day: Trial Balance https://www.cfo.com/news/probationary-irs-workers-will-be-back-to-work-before-tax-day-trial-balance/744419/ IRS sharing info with ICE would put illegal immigrants between 'rock and a hard place': expert https://www.yahoo.com/news/irs-sharing-ice-put-illegal-130026839.html Georgia, Indiana join growing band of states to pass CPA licensure laws https://www.cfodive.com/news/georgia-joins-growing-band-states-pass-cpa-licensure-laws-accounting-talent-shortage/744384/ I Quit my Big 4 Accounting Job to Fry Chicken and Will Never Go Back … https://www.businessinsider.com/quit-big-four-accounting-fry-chicken-never-go-back-2025-4 Local firm slashes staff starting salaries https://www.accountingtoday.com/opinion/local-firm-slashes-staff-starting-salaries Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a fa...

Apr 2

What happens when tax enforcement weakens? With 17% of millennials considering skipping their tax filing altogether, Blake and David dig into how IRS budget cuts might impact compliance and revenue. They analyze fascinating survey data revealing what taxpayers truly value when choosing between professional preparation and free options like Direct File. Plus, discover the accounting scandal forcing Financial Times to retract its Tesla analysis, exposing how GAAP complexity confounds even financial experts. You'll also learn why three major US cities face billion-dollar budget holes and the disturbing revelation that duplicate Medicaid payments are costing taxpayers billions—all while Tether still can't produce an audit after ten years of promises. Sponsors Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) TeamUp - http://accountingpodcast.promo/teamup RightWorks- http://accountingpodcast.promo/rightnow2025 Chapters (00:00) - Introduction and Podcast Overview (00:42) - Top Stories of the Week (02:27) - Sponsor Messages and Event Announcements (04:52) - Interview with Christina Ho on PCAOB (07:57) - Discussion on IRS Cuts and Tax Compliance (19:44) - Survey on IRS Direct File (28:21) - AI's Impact on Tax Professionals (29:14) - Discrepancies in Tax Software Results (30:08) - Public Opinion on Tax Filing Services (31:23) - Challenges for Tax Professionals (33:56) - LA's Budget Crisis (37:41) - Federal Government Spending Issues (38:45) - Medicaid Duplicate Payments Scandal (47:12) - Tether's Audit Controversy (51:55) - Tesla's Financial Discrepancies (57:33) - Big Four Transparency Rankings (59:24) - Conclusion and Farewell Show Notes Tax Revenue Could Drop by 10 Percent Amid Turmoil at IRS https://www.washingtonpost.com/business/2025/03/22/irs-tax-revenue-loss-federal-budget/ Survey: Some Americans Might Roll the Dice on Not Filing Their Taxes This Year Due to IRS Job Cuts https://www.cpapracticeadvisor.com/2025/03/26/survey-some-americans-might-roll-the-dice-on-not-filing-their-taxes-this-year-due-to-irs-job-cuts/157877/ Most Americans Are Interested in Using IRS Direct File to Prepare and File Their Taxes https://taxpolicycenter.org/briefs/most-americans-are-interested-using-irs-direct-file-prepare-and-file-their-taxes TurboTax vs Free Tax USA: A Shocking Price Comparison https://www.tiktok.com/@carolinesadventure/video/7482613418801859870 Survey: 91% of Americans Think Filing Taxes Should Be Free https://www.cpapracticeadvisor.com/2025/03/11/survey-91-of-americans-think-filing-taxes-should-be-free/157176/ Why you should think twice before claiming an income-tax extension. ‘This is not the year to do your normal procrastinating.’ https://www.marketwatch.com/story/why-you-should-think-twice-before-claiming-an-income-tax-extension-this-is-not-the-year-to-do-your-normal-procrastinating-89937e0d LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs https://www.bloomberg.com/news/articles/2025-03-20/la-faces-1-billion-budget-hole-warning-thousands-of-layoffs WSJ investigation: Medicaid paid health insurers billions by covering the same patients twice https://www.risehealth.org/insights-articles/wsj-investigation-medicaid-paid-health-insurers-billions-by-covering-the-same-patients-twice/ Tether seeks Big Four firm for its first full financial audit — Report https://cointelegraph.com/news/stablecoin-issuer-tether-big-four-firm-full-reserve-audit-report Financial Times retracts report on Tesla’s alleged shady accounting https://www.teslarati.com/financial-times-retracts-report-tesla-shady-accounting/ The Big 4 Transparency Accounting Awards https://big4transparency.beehiiv.com/p/the-big-4-transparency-accounting-awards Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.y...

Mar 26

Blake and David dive straight into the headlines, starting with the controversial IRS workforce cuts and their potential impact on tax collections. They examine corporate espionage allegations between payroll companies Rippling and Deel, including a complex web of legal battles, Russian connections, and political involvement, and go on to discuss how AI is rapidly improving at handling longer tasks. All this and much more, right now! Sponsors RightWorks- http://accountingpodcast.promo/rightnow2025 (use code TAP15 for 15% OFF) TeamUp - http://accountingpodcast.promo/teamup Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) Chapters (00:31) - Exciting Stories and Headlines (03:07) - Live Stream Shoutouts (05:08) - Earmark Podcast and CPE Credits (10:56) - IRS Workforce Cuts and Tax Gap (30:13) - Rippling vs. Deel Espionage Saga (41:20) - Evolve Bank and Trust Controversies (42:39) - Rippling and Deal Lawsuit Drama (42:57) - Political Connections and Scandals (44:31) - The Future of AI in Accounting (46:36) - AI Performance and Moore's Law (50:42) - AI's Impact on Accounting Tasks (54:43) - Live Demonstration with Claude AI (01:08:27) - The Future of Accountants in an AI World (01:20:45) - Conclusion and Upcoming Events Show Notes 7,000 IRS workers ‘reinstated’ — but not yet returning to work https://www.journalofaccountancy.com/news/2025/mar/7000-irs-workers-reinstated-but-not-yet-returning-to-work/ IRS Retreats From Some Audits as Agency Slashes Workforce https://www.wsj.com/politics/policy/internal-revenue-service-doge-taxes-f00ac956 Opinion | With IRS cuts, DOGE would lose far more money ... https://www.washingtonpost.com/opinions/2025/03/13/doge-irs-cuts-tax-revenue/ Former Defense Contractor and his Wife Indicted for Evading U.S. Taxes on Profits from Selling Jet Fuel to the U.S. Military https://www.irs.gov/pub/irs-ci/j5-media-release-7-3-2024.pdf Lawsuit Alleges $12 Billion "Unicorn" Deel Cultivated Spy, Orchestrated Long-Running Trade-Secret Theft & Corporate Espionage Against Competitor https://www.rippling.com/blog/lawsuit-alleges-12-billion-unicorn-deel-cultivated-spy-orchestrated-long-running-trade-secret-theft-corporate-espionage-against-competitor IRS in Crisis: Tax Professionals Bear the Brunt https://cpatrendlines.com/2019/02/26/taxpayer-advocate-lambastes-irs/ Measuring AI Ability to Complete Long Tasks https://metr.org/blog/2025-03-19-measuring-ai-ability-to-complete-long-tasks/ Earmark Podcast – Ep. 87 - How to Use AI to Analyze Data and Draft Financial Reports in Minutes https://share.transistor.fm/s/c86818f5 Earmark’s Screening of The Accountant 2 https://www.eventbrite.com/e/screening-of-the-accountant-2-tickets-1225264421869?aff=EarmarkApp Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds REFRAME 2025 - http://accountingpodcast.promo/reframe2025 Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 17

Is the CPA exam fundamentally flawed? With FAR section pass rates plummeting to a 15-year low of 36% and a staggering 40-point gap between discipline section pass rates, something isn't adding up. Dr. Josh McGowan of Troy University joins Blake Oliver to dissect these troubling statistics and explore how the 2024 CPA Evolution model may be inadvertently pushing candidates toward "easier" disciplines. They tackle the growing movement to drop the 150-hour requirement and propose a provocative solution: splitting the credential into specialized tax and financial/audit pathways. Whether you're preparing for the exam or leading a firm, this conversation reveals how accounting's licensing system might finally evolve beyond its one-size-fits-all approach. Meet Our Guest, Dr. Josh McGowan, CPA LinkedIn: https://www.linkedin.com/in/dr-josh-mcgowan-cpa-503846b7/ X: https://x.com/Jmcgowan3838 Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 14

This week on the pod: Judge orders 6 agencies (including IRS?) to rehire fired probationary workers, we dig into the tax trick Dr. Oz used to pay no Medicare taxes, AICPA in pointless talks with the IRS, Digits takes on QuickBooks with AI-powered GL, remote accounting jobs in retreat, and more! Sponsors OnPay - http://accountingpodcast.promo/onpay Relay - http://accountingpodcast.promo/relay RightWorks- http://accountingpodcast.promo/rightnow2025 (use code TAP15 for 15% OFF) Chapters (01:29) - Listener Feedback and Criticism (02:37) - Political Discussions and Their Impact on Accounting (12:34) - IRS Workforce Cuts and Technology Issues (20:44) - Dr. Oz and the Limited Partner Tax Strategy (33:15) - Viewer Comments and AI Discussion (33:56) - Digits and AI (52:29) - Remote Accounting Jobs: Trends and Insights (58:32) - Deloitte's Audit Integrity (01:02:01) - IRS Drama: Chief Counsel Clash (01:03:11) - Podcast Wrap-Up and Listener Engagement Show Notes Dr. Mehmet Oz may have underpaid Medicare and Social Security taxes, Senate Democratic memo finds https://www.nbcnews.com/politics/congress/dr-mehmet-oz-medicare-social-security-taxes-democrats-memo-rcna196237 DOGE proposes cutting IRS workforce by a total of nearly 20% https://www.cnn.com/2025/03/13/politics/doge-irs-workforce-cuts-downsizing/index.html Judge orders Trump administration to reinstate thousands of fired employees at VA, Defense Department and other agencies https://www.cnn.com/2025/03/13/politics/judge-opm-probationary-employees-fired-hearing/index.html AICPA CEO Releases Statement on IRS Services for this Tax Season https://www.aicpa-cima.com/news/article/aicpa-ceo-releases-statement-on-irs-services-for-this-tax-season Introducing Autonomous General Ledger https://digits.com/blog/agl-announcement/ Building AI that Actually Works: 10 Key Lessons from Calendly’s CPO and Head of UX https://www.saastr.com/10-key-lessons-from-calendlys-cpo-and-head-of-ux-on-building-ai-that-actually-works/ Only 9% of SMB finance teams are still working fully remote https://www.cfo.com/news/only-9-of-small-medium-SMB-cfos-are-still-working-fully-remote-return-to-office-strategies/740312/ Opportunity to Attract and Retain Highly Motivated Working Parents via Enhanced Flexibility, Stronger Support Systems https://kpmg.com/us/en/media/news/kpmg-working-parents-survey-2025.html Steak n Shake's parent company gets an adverse opinion from auditor https://www.expressnews.com/business/article/steaknshake-biglari-auditor-adverse-opinion-20204740.php The IRS just demoted its chief counsel who clashed with Elon Musk’s DOGE https://fortune.com/2025/03/13/irs-chief-counsel-doge-elon-musk/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 11

How does a profession revitalize itself when salaries haven't budged since 2007? In this episode, Blake and David examine the shocking reality that Big Four audit associates in Chicago earn the same salary range today as they did nearly two decades ago. They also explore why accounting's value proposition has stagnated in a world where financial statements fail to capture what truly matters to modern investors, and you'll hear their take on the IRS's plan to cut 50% of its workforce, Social Security's future, and the economic impact of tariffs—including a surprising clip from Ronald Reagan himself. Plus, learn how over 30 states are now advancing legislation to eliminate the 150-hour rule that has long been blamed for declining CPA candidates. Sponsors OnPay - http://accountingpodcast.promo/onpay Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) RightWorks- http://accountingpodcast.promo/rightnow2025 (use code TAP15 for 15% OFF) Chapters (00:49) - BOI Reporting Requirements Halted (02:00) - Impact of BOI Reporting Suspension (05:12) - IRS Layoffs and Their Implications (11:56) - Reagan's Take on Tariffs (15:58) - Trump's Tariffs and Fentanyl Production (19:59) - OnPay Updates (24:50) - Economic Optimism Among CPAs (27:10) - Strategic Crypto Reserve (30:30) - Elon Musk on Social Security (37:49) - Earmark Webinar Highlights on CPA Licensure Changes (40:17) - Audit Associate Salary Stagnation (43:32) - CPA Supervision and Work Experience Challenges (44:48) - Audit Quality and Firm Economics (47:46) - Intangible Assets and Financial Reporting (01:00:11) - Expense Card Industry Updates (01:05:34) - US Debt and Economic Power Show Notes The IRS Is Reportedly Planning to Cut Up to 45,000 Workers — Half of Its Workforce https://www.entrepreneur.com/business-news/irs-planning-mass-layoffs-cutting-half-of-workforce-report/487974 President Reagan's Radio Address on Free and Fair Trade on April 25, 1987 https://www.youtube.com/watch?v=5t5QK03KXPc Trump’s Tariffs Set Off Day of Anger, Retaliation and Market Unease https://www.nytimes.com/live/2025/03/04/us/tariffs-us-canada-mexico-china Domestic economic sentiment declines 20 percentage points among CPA execs https://www.journalofaccountancy.com/news/2025/mar/domestic-economic-sentiment-declines-20-percentage-points-among-cpa-execs.html Trump signs order to establish strategic bitcoin reserve https://www.reuters.com/technology/trump-signs-order-establish-strategic-bitcoin-reserve-white-house-crypto-czar-2025-03-07/ Fact Sheet: President Donald J. Trump Establishes the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-establishes-the-strategic-bitcoin-reserve-and-u-s-digital-asset-stockpile/ Elon Musk's Social Security Comments Called Out by Former Administrator https://www.newsweek.com/elon-musk-social-security-comments-ponzi-scheme-martin-omalley-2042006 85% of Americans Willing to Raise Taxes to Save Social Security, Survey Shows https://finance.yahoo.com/news/85-americans-willing-raise-taxes-133018876.html Erica Goode’s LinkedIn Post on Salary Declines https://www.linkedin.com/posts/erica-goode-cpa-00205616_thisindustry-icanteven-activity-7300526290778869762-hqph/ Will Debt Sink the American Empire? https://www.wsj.com/politics/policy/will-debt-sink-the-american-empire-8459096b FASB Requests Feedback Related to Intangible Assets https://dart.deloitte.com/USDART/home/news/all-news/2024/dec/fasb-invitation-to-comment-intangible-assets Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podch...

Mar 10

What happens when political changes collide with tax enforcement? In this revealing conversation, former IRS revenue agent Jeff Johnson shares his firsthand account of being caught in the recent mass layoffs at the IRS. Having just completed seven months of intensive training, Jeff was among 7,000 probationary employees suddenly terminated as part of a broader federal workforce reduction initiative. Jeff pulls back the curtain on the agency's antiquated systems—including 1960s COBOL programming and cryptic green screens that revenue agents must master—and explains why these cuts could mean fewer audits of non-compliant taxpayers. You'll hear how experienced professionals who left established careers to serve at the IRS were dismissed with minimal notice and why this might be just the beginning of a much more significant reduction targeting up to half of the agency's 90,000 workforce. Meet Our Guest, Jeff Johnston LinkedIn: http://www.linkedin.com/in/jon-jeffery-johnston-6812875 Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 7

What happens when the US government considers creating a cryptocurrency reserve? In this episode, Blake and David dive into Trump's surprising announcement about establishing a crypto strategic reserve and the immediate market reaction. They explore this proposal's potential consequences and skepticism, from security vulnerabilities to valuation challenges. You'll also hear about PwC Israel's $2.8 million fine for exam cheating, Connecticut's push to create alternative CPA licensure pathways, and how accounting firms are expanding into legal services. They also dissect the outcry over federal employees being asked to submit weekly accomplishment reports and break down Citigroup's jaw-dropping $81 trillion transfer error caused by poor software design. Whether you're tracking regulatory changes, interested in the evolution of professional services firms, or simply fascinated by the intersection of finance and technology, this episode delivers insights into the forces reshaping the accounting profession today. Sponsors Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) RightWorks- http://accountingpodcast.promo/rightnow2025 (use code TAP15 for 15% OFF) CPA.com - http://accountingpodcast.promo/cpa Chapters (00:00) - Introduction and Welcome (00:29) - Crypto's Legitimacy and Trump's Announcement (01:44) - Crypto Market Reactions and Speculations (04:07) - Personal Updates and Hiking Adventure (05:36) - Crypto Reserve Concerns and Security Issues (08:00) - PWC Fined for Cheating Scandal (11:42) - Top Collegiate Accounting Programs (16:52) - FinCEN and Beneficial Ownership Reporting (17:59) - Fyre Festival 2 Announcement (20:46) - CPA Licensure Pathways and Reforms (25:33) - Accounting Firms Expanding into Legal Services (31:53) - Consulting Firms and Government Contracts (37:38) - Government Spending and Nonprofits (38:57) - Consulting Costs and Middlemen (41:26) - The Penny Debate (43:01) - Federal Employee Accountability (59:54) - Elon Musk's OpenAI Offer (01:04:58) - Citigroup's $81 Trillion Error (01:08:44) - Self-Driving Cars and AI (01:11:19) - Conclusion and CPE Message Show Notes Trump names cryptocurrencies in strategic reserve, sending prices up https://www.reuters.com/world/us/trump-says-cryptocurrency-strategic-reserve-includes-xrp-sol-ada-2025-03-02/ Crypto's biggest hacks and heists after $1.5 billion theft from Bybit https://www.reuters.com/technology/cybersecurity/cryptos-biggest-hacks-heists-after-15-billion-theft-bybit-2025-02-24/ PCAOB Sanctions PwC Israel for Quality Control Violations Related to Widespread Improper Answer Sharing https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-sanctions-pwc-israel-for-quality-control-violations-related-to-widespread-improper-answer-sharing CPA Success Index: Ranking the top collegiate accounting programs https://www.accountingtoday.com/opinion/cpa-success-index-ranks-top-collegiate-accounting-programs FinCEN Not Issuing Fines or Penalties in Connection with Beneficial Ownership Information Reporting Deadlines https://www.fincen.gov/news/news-releases/fincen-not-issuing-fines-or-penalties-connection-beneficial-ownership Fyre Festival 2 tickets are on sale for up to $1.1 million after founder served prison time for defrauding investors of the first event https://fortune.com/2025/02/26/fyre-festival-2-tickets-billy-mcfarland-prometheus-pass-music-lineup/ Progress: Tracking the conversation in all licensing jurisdictions https://www.mncpa.org/involvement/legislative/broadening-pathways-to-cpa/national/ Aprio Aims to Enter Legal Industry by Combining with Law Firm in Arizona https://www.cpapracticeadvisor.com/2025/02/13/aprio-aims-to-enter-legal-industry-by-combining-with-law-firm-in-arizona/156043/ McKinsey Estimates Advisor Shortage of 100,000 by 2034 https://www.wealthmanagement.com/wealth-management-industry-trends/mckinsey-estimates-advisor-shortage-of-100-000-by-2034 Saudi Wealth Fund Blocks PwC from Advisory Work for One Year https://www.bloomberg.com/news/articles/2025-02-28/saudi-wealth-fund-blocks-pwc-from-advisory-work-for-one-year A message from SecVA Doug Collins https://www.youtube.com/watch?v=r8Z_RkqSAzo Everyone Hates Pennies, Except This Guy https://www.wsj.com/business/mark-weller-penny-defender-trump-d543a9de?mod=business_lead_pos1 Federal workers get a new email demanding their accomplishments https://www.npr.org/2025/03/01/g-s1-51490/federal-workers-new-email-accomplishments Fact Sheet: President Donald J. Trump Proceeds with Tariffs on Imports from Canada and Mexico https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-proceeds-with-tariffs-on-imports-from-canada-and-mexico/ Sam Altman Rejects Elon Musk’s Offer To Buy OpenAI Control—And Mocks X https://www.forbes.com/sites/mollybohannon/2025/02/10/sam-altman-rejects-elon-musks-offer-to-buy-openai-control-and-mocks-x/ Former U.S. Senator Robert M...

Mar 6

Billions in federal funds for nonprofits were abruptly frozen by the Trump administration, leaving organizations scrambling to stay afloat. Blake speaks with Jerilyn Dressler and Harriet "Hatsy" Cutshall from YPTC about how these freezes disrupted essential services, the complex flow of federal grants, and the rigorous compliance requirements nonprofits must meet. With a judge ordering the funds to be reinstated, they discuss what’s next for nonprofits and the ongoing challenges of government funding oversight. Meet Our Guests: Jerilyn Dressler, CPA : https://www.linkedin.com/in/jerilynkeitdresslercpacfe Harriet "Hatsy" Cutshall, CPA : https://www.linkedin.com/in/hatsycutshallcpa-yptc Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Mar 5

Dr. Jack Castonguay, CPA and Hofstra University professor, provides a critical analysis of proposed legislation to create a Strategic Bitcoin Reserve. He challenges the notion that the government should invest taxpayer money in a highly volatile, speculative asset that lacks the practical applications of traditional reserves like oil or foreign currencies. The discussion explores concerns about buying at record-high prices, the unknown identities of Bitcoin holders, and the potential risks of states allocating public funds to cryptocurrency investments. Meet Our Guest, Jack Castonguay https://www.linkedin.com/in/jack-castonguay-phd-cpa https://www.hofstra.edu/faculty-staff/faculty-profile.html?id=6751 Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Mar 3

This episode originally appeared on the Earmark Podcast. Listen and subscribe at https://podcast.earmarkcpe.com . Erica Goode, CPA, reveals how she built a thriving $200K accounting firm working just 15 hours a week. Discover the power of niching, efficient processes, and work-life balance in this candid discussion. Erica will share her journey from corporate burnout to entrepreneurial success, offering practical insights on pricing strategies, time management, and building authority in your niche. Whether you're considering starting your own firm or optimizing your existing practice, this webinar will inspire and equip you to reimagine what's possible in your accounting career. Get CPE for this episode here: https://www.earmark.app/c/1802 Show Notes The 15-Hour Accounting eBook: https://mailchi.mp/ericagoode/15-hr-accountant-ebook Meet Our Guest, Erica Goode LinkedIn: https://www.linkedin.com/in/erica-goode-cpa-00205616/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Feb 27

Is the U.S. heading toward a financial cliff? In this eye-opening episode, Blake and David unpack the Government Accountability Office's sobering projection that federal debt will double the size of the economy by 2047. While exploring recent DOGE initiatives and IRS layoffs, they examine whether drastic government spending cuts are inevitable—and necessary. Meanwhile, Virginia and Tennessee join the growing movement to reform CPA licensure requirements by offering pathways that don't require 150 credit hours. Could these changes be the key to increasing diversity more effectively than corporate DEI programs? You'll also discover why the $400 million PCAOB budget might be on the chopping block, how AI research tools like Perplexity Deep Research are revolutionizing tax research, and get the latest update on the ever-shifting BOI reporting deadlines. Whether you lean left, right, or stay strictly in the debits and credits, this episode offers practical insights for navigating the changing professional landscape. Sponsors OnPay - http://accountingpodcast.promo/onpay CPA.com - http://accountingpodcast.promo/cpa Bluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) Chapters (02:16) - Apologies and Clarifications (04:37) - IRS Layoffs and Government Spending (05:32) - Live Stream Interactions and Sponsorships (06:47) - Federal Debt and Fiscal Health (16:58) - BOI Reporting Deadline Extension (19:05) - Deloitte's DEI Changes (23:26) - CPA Licensure Pathways (28:37) - DOGE Dividend Proposal (33:14) - Social Security and Medicare Funding Challenges (35:40) - Impact of IRS Layoffs (38:13) - Audit Rates and Tax Compliance (42:16) - Regulatory Burdens and Economic Growth (51:50) - PCAOB and Audit Quality (59:54) - AI in Tax Research (01:05:38) - Listener Engagement and Final Thoughts Show Notes GAO-24-106987, The Nation's Fiscal Health https://www.gao.gov/assets/d24106987.pdf Corporate Transparency Act Enforcement Injunction Stayed, FinCEN Extends the Beneficial Ownership Information Reporting Deadline to March 21, 2025, and Announces Intention to Revise the Reporting Rule https://www.sidley.com/en/insights/newsupdates/2025/02/corporate-transparency-act-enforcement-injunction-stayed Trump Demands Apple Ditch DEI After It Rejects Proposal: Here Are All The Companies Cutting Diversity Programs https://www.forbes.com/sites/conormurray/2025/02/26/trump-demands-apple-ditch-dei-after-it-rejects-proposal-here-are-all-the-companies-cutting-diversity-programs/ Breaking down Virginia's new CPA requirements: What you need to know https://www.blakeoliver.com/blog/breaking-down-virginias-new-cpa-requirements-what-you-need-to-know Virginia General Assembly passes legislation widening pathways to CPA licensure effective Jan. 1, 2026 https://boa.virginia.gov/2025/02/virginia-general-assembly-passes-legislation-widening-pathways-to-cpa-licensure-effective-jan-1-2026/ Bridging the Gap: New CPA Licensure Legislation To Address the CPA Shortage https://www.tscpa.com/news/1490-bridging-the-gap-new-cpa-licensure-legislation-to-address-the-cpa-shortage $5,000 DOGE check? Trump backs idea to send some savings to Americans https://www.fox9.com/news/5000-doge-dividend-check-trump-backs-savings-americans IRS plans to lay off 7,000 probationary workers beginning Thursday, AP source says https://apnews.com/article/irs-layoffs-trump-elon-musk-doge-df2b3c8d53ff9f2d276c8b29f8004dde AICPA CEO Mark Koziel on the Future of Accounting Under the Trump Administration https://www.nysscpa.org/news/publications/the-trusted-professional/article/aicpa-ceo-mark-koziel-on-the-future-of-accounting-under-the-trump-administration-021225 Perplexity Unveils Deep Research: AI-Powered Tool for Advanced Analysis https://www.infoq.com/news/2025/02/perplexity-deep-research/ TaxGPT Raises $4.6M to Build the First AI Tax Co-Pilot for Accounting and Tax Firms https://www.taxgpt.com/blog/taxgpt-raises-4-6m-to-build-the-first-ai-tax-co-pilot-for-accounting-and-tax-firms DeepSeek on par with GPT, Claude, Llama for accounting https://www.accountingtoday.com/news/deepseek-on-par-with-gpt-claude-llama-for-accounting Secure your Intuit Account and prevent lockout with extra verification methods https://quickbooks.intuit.com/learn-support/en-us/help-article/security-risk/verify-account-multi-factor-authentication/L2Xp0GNiT_US_en_US Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and ...

Feb 17

Today, Blake and David dive into the controversy surrounding DOGE's withholding federal funds and gaining access to Treasury payment systems. They also examine AICPA's move away from the 150-hour requirement and Adobe's misguided tax document advice. All this and much more, right now! Sponsors CPA.com - http://accountingpodcast.promo/cpa Relay - http://accountingpodcast.promo/relay Cloud Accountant Staffing - http://accountingpodcast.promo/cas Rho - http://accountingpodcast.promo/rho Chapters (00:00) - Welcome to The Accounting Podcast (00:54) - Chaos Created by Doge (01:32) - Top Stories of the Week (02:17) - Listener Mail and Additional Topics (05:09) - Live Stream Interaction (06:42) - DOJ and Treasury Payment Freeze (17:40) - Young Engineers at DOJ (24:15) - Automation Features for Seamless Transactions (24:44) - Addressing Viewer Questions on Treasury Policies (25:34) - Debate on Federal Fund Vetting and Spending (27:57) - Government Bureaucracy and Political Battles (33:31) - The Role of Young Auditors in Government Agencies (40:38) - Adobe's Tax Tips: Helpful or Harmful? (43:54) - Final Thoughts on Government Efficiency and Partisanship Show Notes NASBA and the AICPA Propose an Alternative Path to CPA https://www.cpajournal.com/2025/01/24/nasba-and-the-aicpa-propose-an-alternative-path-to-cpa/#google_vignette “DOGE” Access to Treasury Payment Systems Raises Serious Risks https://www.cbpp.org/research/federal-budget/doge-access-to-treasury-payment-systems-raises-serious-risks Governor Shapiro Files Lawsuit Challenging Trump Administration’s Unconstitutional Federal Funding Freeze in Order to Protect Pennsylvania Interests https://www.pa.gov/governor/newsroom/2025-press-releases/gov-shapiro-files-lawsuit-trump-admin-unconstitutional-federal-f.html Craig Hausz Tweet on a client’s tax return delay https://x.com/CPATaxTeam/status/1890096888549912704 Federal judge partially blocks DOGE’s access to Treasury financial systems https://fedscoop.com/judge-blocks-treasury-payments-systems-from-doge/ Taxing times: New Adobe Acrobat survey reveals taxpayer stressors and solutions for making filing easier https://blog.adobe.com/en/publish/2025/02/20/taxing-times-new-adobe-acrobat-survey-reveals-taxpayer-stressors-solutions-for-making-filing-easier Are Deloitte UK & Deloitte US Doing DEI Differently? https://sustainabilitymag.com/articles/are-deloitte-uk-and-us-doing-dei-differently Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Feb 14

Blake and David tackle several key accounting industry developments, including a surprising 12% increase in undergraduate accounting enrollment and ongoing debates about IRS staffing and operations. They explore the potential impact of changes to Illinois's 150-hour CPA licensing rule, examine Elon Musk's controversial claims about government spending, and share insights about AI advancements in accounting firms. Sponsors OnPay - http://accountingpodcast.promo/onpay Keeper - http://accountingpodcast.promo/keeper Cloud Accountant Staffing - http://accountingpodcast.promo/cas Rho - http://accountingpodcast.promo/rho Chapters (00:00) - Welcome to The Accounting Podcast (03:37) - Government Employee Buyout Offer Update (09:24) - Undergraduate Accounting Enrollment Surge (12:38) - Illinois Proposes New CPA Pathways (14:25) - Elon Musk and IRS Direct File Controversy (18:16) - Doge's Access to Treasury Systems (26:53) - Tax Exemption on Tips: A Double-Edged Sword (30:19) - The Hidden Costs of Automation (38:03) - AI in Accounting: Current Innovations (47:03) - BDO Lawsuit: Inflated Revenues and ESOP (50:57) - Closing Remarks and Announcements Show Notes IRS Confirms Filing Season, Taxpayer Advocate Staff Exempted From Buyout https://tax.thomsonreuters.com/news/irs-confirms-filing-season-taxpayer-advocate-staff-exempted-from-buyout/ Undergraduate Accounting Enrollment Rose 12% in Fall 2024 https://www.aicpa-cima.com/news/article/undergraduate-accounting-enrollment-rose-12-in-fall-2024 Bipartisan State House Bill Would Create Additional Pathways to CPA Licensure in Illinois https://www.cpapracticeadvisor.com/2025/02/04/bipartisan-state-house-bill-would-create-additional-pathways-to-cpa-licensure-in-illinois/155537/ Elon Musk creates confusion about IRS’ Direct File — but the free tax program is still available https://apnews.com/article/irs-direct-file-musk-18f-6a4dc35a92f9f29c310721af53f58b16 About 18F https://18f.gsa.gov/about/#:~:text=18F%20is%20a%20team%20of,improve%20public%20service%20through%20technology Elon Musk’s Team Now Has Access to Treasury’s Payments System https://www.nytimes.com/2025/02/01/us/politics/elon-musk-doge-federal-payments-system.html Trump Tax Proposals: Details & Analysis https://taxfoundation.org/research/federal-tax/trump-administration-tax-proposals/ Agentic AI: Small steps, big aspirations at accounting firms https://www.accountingtoday.com/news/agentic-ai-small-steps-big-aspirations-at-accounting-firms WiseLayer Raises $7.2 Million for AI Agents for Accounting Teams https://www.pymnts.com/artificial-intelligence-2/2025/wiselayer-raises-7-2-million-for-ai-agents-for-accounting-teams/ BDO Gets Accused of Inflating Revenue Ahead of the ESOP Again, This Time in a Class Action Lawsuit https://www.goingconcern.com/bdo-gets-accused-of-inflating-revenue-ahead-of-the-esop-again-this-time-in-a-class-action-lawsuit/ Taxing times: New Adobe Acrobat survey reveals taxpayer stressors and solutions for making filing easier https://blog.adobe.com/en/publish/2025/02/20/taxing-times-new-adobe-acrobat-survey-reveals-taxpayer-stressors-solutions-for-making-filing-easier Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let th...

Feb 1

Blake and David examine several significant developments, including TaxDome's data security incident, and the implications of China's DeepSeek AI model that caused Nvidia's stock to drop. They also dig into the White House's federal employee buyout offer that could impact IRS staffing levels and break down key findings from Accounting Today's 2025 Year Ahead survey about trends in remote work, tech spend, and AI adoption in accounting firms. Sponsors Keeper - http://accountingpodcast.promo/keeper Cloud Accountant Staffing - http://accountingpodcast.promo/cas Basil - http://accountingpodcast.promo/basil Chapters (00:24) - Introduction and Episode Overview (01:41) - Listener Shoutouts and Engagement (02:31) - Sports Banter and Mood Check (03:22) - Live Stream Interaction (05:11) - TaxDome Data Incident Discussion (22:24) - White House Buyout Offer for Federal Employees (31:26) - DeepSeek AI Model and Market Impact (36:24) - Exploring Perplexity's New DeepSeek R1 Model (36:58) - Comparing Reasoning Capabilities: R1 vs. ChatGPT (38:10) - The Google Search Analogy (39:16) - Concerns Over Unverified Financial Information (40:32) - Running AI Models on Personal Hardware (41:00) - Cost Implications for Businesses Using AI (42:59) - Innovation in Large vs. Small Firms (45:33) - Reforming the IRS: A New Approach (48:36) - Addressing the Accountant Labor Shortage (49:32) - Accounting Trends for 2025 (57:00) - The Role of AI in Accounting Tools (59:56) - Frustrations with Current Accounting Software (01:05:33) - Final Thoughts Show Notes Deepseek R1 Explained by a Retired Microsoft Engineer https://www.youtube.com/watch?v=r3TpcHebtxM China’s DeepSeek AI dethrones ChatGPT on App Store: Here’s what you should know https://www.cnbc.com/2025/01/27/chinas-deepseek-ai-tops-chatgpt-app-store-what-you-should-know.html TaxDome reports security incident, says no sensitive data exposed https://www.accountingtoday.com/news/taxdome-reports-data-breach Reporting system error official post-mortem https://community.taxdome.com/c/resources/reporting-system-incident-official-post-mortem-794aebba-618b-4857-8aab-debca4e644ee TaxDome Post from Caleb Jenkins’ LinkedIn https://www.linkedin.com/posts/calebjenkins1994_so-taxdome-can-you-tell-us-more-about-activity-7288762022882594816-X9eS?utm_source=share&utm_medium=member_desktop Trump administration offers roughly 2 million federal workers a buyout to resign https://www.nbcnews.com/politics/white-house/trump-administration-offer-federal-workers-buyouts-resign-rcna189661 Trump suggests sending IRS agents to the border https://www.yahoo.com/news/trump-suggests-sending-irs-agents-233900348.html Accounting in 2025: The year ahead in numbers https://www.accountingtoday.com/list/accounting-in-2025-the-year-ahead-in-numbers Top 10 AI accounting tools every business needs in 2025 https://www.accountancyage.com/2025/01/24/top-10-ai-accounting-tools-every-business-needs-in-2025/ Xero's new tagline: 'Your business supercharged' https://www.accountingtoday.com/news/xero-announces-new-tagline-your-business-supercharged Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jan 24

Blake and David jump into the latest news, including the launch of Trump's own cryptocurrency and KPMG's expansion into legal services in Arizona, taking advantage of new rules allowing non-lawyers to own law firms. They also examine the Treasury Department's Chinese hack attack, South Carolina's $1.8 billion accounting error resolution, and Trump's proposed External Revenue Service. Sponsors Relay - http://accountingpodcast.promo/relay Keeper - http://accountingpodcast.promo/keeper TaxBandits - http://accountingpodcast.promo/taxbandits Basil - http://accountingpodcast.promo/basil Chapters (00:48) - Trump's TikTok Saga (03:35) - Live Stream and CPE Credits (04:48) - Trump's Cryptocurrency Launch (06:54) - Sage AI Data Leak Incident (12:27) - Relay Sponsorship and Banking Solutions (14:13) - Trump's Cryptocurrency Impact (28:06) - Direct File and IRS Developments (32:45) - KPMG Enters Legal Services (38:51) - Tax Bandits: Streamlining Your Tax Season (39:50) - Legal Document Automation with AI (41:04) - South Carolina's $1.8 Billion Accounting Error (45:56) - Trump's External Revenue Service Proposal (49:54) - Chinese Hackers Breach U.S. Treasury (56:51) - FDIC Sues Silicon Valley Bank Executives (01:04:39) - American Express Settles for $230 Million Over Bad Tax Advice (01:08:28) - Testing Google's Gemini Advanced for Tax Research (01:12:17) - Earn Free CPE Credits with Earmark (01:14:22) - Conclusion and Live Stream Announcement Show Notes TikTok restores US service after Trump says “we have to save it” https://www.reuters.com/technology/tiktok-goes-dark-us-users-trump-says-save-tiktok-2025-01-19/ Donald and Melania Trump debuted meme coins, $Trump and $Melania. Here's what to know. https://www.cbsnews.com/news/donald-trump-melania-meme-coin-cryptocurrency-what-to-know/ KPMG’s Bold Move: How Arizona’s ABS Rules Are Reshaping the U.S. Legal Landscape https://lawleaders.com/kpmgs-bold-move-how-arizonas-abs-rules-are-reshaping-the-u-s-legal-landscape/ IRS Direct File set to expand availability in a dozen new states and cover wider range of tax situations for the 2025 tax filing season https://www.irs.gov/newsroom/irs-direct-file-set-to-expand-availability-in-a-dozen-new-states-and-cover-wider-range-of-tax-situations-for-the-2025-tax-filing-season Sage Copilot grounded briefly to fix AI misbehavior https://www.theregister.com/2025/01/20/sage_copilot_data_issue/ FDIC sues 17 former Silicon Valley Bank executives over collapese https://www.cnn.com/2025/01/16/business/fdic-sues-svb-executives-directors-intl-hnk/index.html FDIC sues former SVB execs over bank closure https://bankingjournal.aba.com/2025/01/fdic-sues-former-svb-execs-over-bank-closure/ SoftBank-Backed Fish Firm Allegedly Faked Most of Its Sales https://finance.yahoo.com/news/softbank-backed-fish-startup-allegedly-141253969.html American Express to pay $230 million to settle US charges over deceptive sales practices https://www.reuters.com/business/finance/american-express-pay-1087-mln-settle-deceptive-marketing-allegations-justice-2025-01-16/ U.S. Sanctions Chinese Cybersecurity Firm Over Treasury Hack Tied to Salt Typhoon https://thehackernews.com/2025/01/us-sanctions-chinese-cybersecurity-firm.html SC auditor resigns after outside audit found $1.8 billion ‘surplus’ was actually an accounting error https://www.wistv.com/2025/01/23/sc-auditor-resigns-after-outside-audit-found-18-billion-surplus-was-actually-an-accounting-error/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacc...

Jan 21

Blake and David examine Bench's bankruptcy filing, revealing fascinating details about their spending patterns and challenges with the business model. They also explore venture capital's growing interest in accounting firms, particularly focusing on AI automation claims and their potential impact on the profession, and there's a lively discussion about JP Morgan's controversial return-to-office mandate and its implications for workplace flexibility, sparked by Blake's viral tweet that garnered nearly 5 million views. Sponsors TaxBandits - http://accountingpodcast.promo/taxbandits Relay - http://accountingpodcast.promo/relay BoomTax - http://accountingpodcast.promo/boomtax Basil - http://accountingpodcast.promo/basil Chapters (01:23) - Bench Accounting Bankruptcy Deep Dive (02:17) - Venture Capital's Interest in Accounting (02:42) - JP Morgan's Return to Office Policy (04:04) - Continuing Professional Education Credits (05:05) - Bench Bankruptcy Filing Details (05:50) - Bench's Financial Breakdown (07:42) - Bench's Customer Acquisition Strategy (10:55) - Bench's Development and Management Costs (13:17) - Operations and Outsourcing at Bench (16:07) - Service Delivery and Refunds (19:47) - Venture Capital and AI in Accounting (29:16) - Relay: The Small Business Bank (35:28) - AI-Powered Bookkeeping: A New Frontier (36:44) - Debating the Future of Software Costs (41:14) - AI's Impact on Job Markets (45:15) - Challenges in Replacing Human Jobs with AI (50:57) - The Remote Work Debate (01:02:05) - Corporate Accountability and Legal Issues (01:12:03) - Closing Remarks and Future Topics Show Notes AI Has Venture Investors Excited About (Yes) Accounting Firms https://www.wsj.com/articles/ai-has-venture-investors-excited-about-yes-accounting-firms-3b9b3226 Bench Accounting, Inc. and 10Sheet Services, Inc. https://www.ksvadvisory.com/experience/case/bench JPMorgan tells all its employees they must return to office full-time https://finance.yahoo.com/news/jpmorgan-tells-employees-must-return-140000800.html Work From Home Policies and Practices https://pearlmeyer.com/insights-and-research/research-report/work-from-home-policies-and-practices Workplace Policies and Pay Transparency https://pearlmeyer.com/insights-and-research/research-report/workplace-policies-and-pay-transparency H&R Block Agrees to $7M FTC Settlement and Will Make Downgrading Tax Tiers Easier https://www.cnet.com/personal-finance/taxes/h-r-block-agrees-to-7m-ftc-settlement-and-will-make-downgrading-tax-tiers-easier/ Capital One sued by CFPB over alleged deception on savings account interest rates https://www.msn.com/en-us/money/personalfinance/capital-one-sued-by-cfpb-over-alleged-deception-on-savings-account-interest-rates/ar-BB1rr4nY Imposing a $500,000 Fine, PCAOB Sanctions Baker Tilly US, LLP for Quality Control Violations https://pcaobus.org/news-events/news-releases/news-release-detail/imposing-a--500-000-fine--pcaob-sanctions-baker-tilly-us--llp-for-quality-control-violations Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jan 18

Blake and David dive into major industry news, including Ohio ending the 150-hour CPA rule, setting a potential precedent for other states. They also discuss the Blackston acquisition of Citrin Cooperman and explore the implications of private equity involvement in accounting firms. Moving on, they examine workplace trends, including new data revealing that 61% of medium and large employers now require minimum in-office days, and debate the effectiveness of Net Promoter Scores (NPS) in accounting firms. Sponsors OnPay - http://accountingpodcast.promo/onpay BoomTax - http://accountingpodcast.promo/boomtax TaxBandits - http://accountingpodcast.promo/taxbandits Basil - http://accountingpodcast.promo/basil Chapters (01:03) - Private Equity in Accounting Firms (03:14) - Personal Update: Blake's Hand Injury (05:18) - California's Insurance Crisis (13:57) - Ohio Ends the 150-Hour Rule (22:02) - App News: OnPay, SafeSend, and More (30:16) - Carvana's Questionable Accounting Practices (36:36) - Return to Office Policies (40:01) - RTO Policies and Office Leases (41:15) - Client Satisfaction and Net Promoter Score (42:53) - Debate on the Effectiveness of NPS (44:20) - Implementing NPS in Accounting Firms (52:03) - PCAOB Fines and Audit Quality (01:03:15) - Bitcoin and Government Policies (01:06:54) - Private Equity in Accounting Firms (01:15:07) - Earmark App and CPE Credits Show Notes Return-to-office policies gain steam https://www.cfo.com/news/return-to-office-policies-gain-steam-remote-work-hybrid-wtw-resume-org/735710 Citrin Cooperman, a Leading Professional Services Firm, to Receive Significant Investment as Blackstone Acquires Stake from New Mountain Capital https://www.blackstone.com/news/press/citrin-cooperman-a-leading-professional-services-firm-to-receive-significant-investment-as-blackstone-acquires-stake-from-new-mountain-capital/ Ohio is the first state to end the 150-hour rule for CPA licensure https://www.blakeoliver.com/blog/ohio-first-state-to-end-the-150-hour-rule-for-cpa-licensure Ohio gov signs alternative CPA licensure pathway bill into law https://www.cfodive.com/news/ohio-gov-signs-alternative-cpa-licensure-pathway-bill-law-accounting-aicpa/736942/ Thomson Reuters Acquires SafeSend, Expanding Tax Automation Capabilities https://www.thomsonreuters.com/en/press-releases/2025/january/thomson-reuters-acquires-safesend-expanding-tax-automation-capabilities.html Xero Partners with Gusto to Offer Integrated Payroll Solution https://www.wellesleyhillsfinancial.com/2025/01/05/xero-partners-with-gusto-to-offer-integrated-payroll-solution/ Sync your transactions to QuickBooks Desktop with Ramp's direct integration https://ramp.com/integrations/quickbooks-desktop Hindenburg Research short on used-car retailer Carvana https://www.reuters.com/business/autos-transportation/hindenburg-research-short-used-car-retailer-carvana-2025-01-02/ Enforcement Activity Involving Auditors – 2024 Mid-Year Update https://www.brattle.com/wp-content/uploads/2024/08/Enforcement-Activity-Involving-Auditors-2024-Mid-Year-Update.pdf Amid Barely ‘Average’ Client Satisfaction, Why Aren’t More Firms Using NPS to Improve? https://insidepublicaccounting.com/2024/07/16/amid-barely-average-client-satisfaction-why-arent-more-firms-using-nps-to-improve/ The federal government just got the greenlight to sell $6.5 billion in Bitcoin seized from Silk Road https://fortune.com/crypto/2025/01/09/federal-government-allowed-sell-bitcoin-silk-road-courts/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube:

Jan 11

Blake and David explore the controversial H-1B visa program's impact on the accounting profession, particularly how firms like Deloitte reportedly pay visa holders 10% less than U.S. workers and the potential implications for audit quality. They also examine Bench's sudden shutdown and subsequent acquisition and then discuss Barry Melancon's farewell interview with the Financial Times as he steps down as AICPA CEO, where he defended the 150-hour rule, his legacy, and his impact on the profession. Sponsors OnPay - http://accountingpodcast.promo/onpay BoomTax - http://accountingpodcast.promo/boomtax TaxBandits - http://accountingpodcast.promo/taxbandits Basil - http://accountingpodcast.promo/basil Chapters (05:01) - Sponsors and H1B Visa Discussion (11:14) - H1B Visa Impact on Accounting (26:53) - Bench Accounting Shutdown (45:17) - VCs and the Tough Decisions (47:42) - Challenges in Automating Bank Transactions (48:58) - H1B Visa Workers and Financial Misconduct (52:19) - Predictions for 2025 and Beyond (58:12) - Private Equity's Impact on Accounting Firms (01:08:15) - Barry Melanson's Legacy and the Future of CPA (01:15:23) - Conclusion and CPE Credits (01:16:45) - Bitcoin and Quantum Computing Show Notes Robert Sterling – Twitter - H-1B DATA MEGA-THREAD https://x.com/RobertMSterling/status/1873174358535110953 Deloitte employees with H-1B visas were paid 10% less than US workers, report finds https://www.hrdive.com/news/deloitte-employees-with-h-1b-visas-were-paid-10-less-than-us-workers/735162/ Bench to be acquired after abruptly shutting down https://techcrunch.com/2024/12/30/bench-to-be-acquired-after-abruptly-shutting-down/ ‘Most important man in accounting’ warns against lowering standards https://www.ft.com/content/033792af-18e4-4d69-92f9-5b78b01f2012 Meet Willow, our state-of-the-art quantum chip https://blog.google/technology/research/google-willow-quantum-chip/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jan 3

Rounding out 2024, Blake and David tackle tons of accounting news, including bookkeeping startup Bench's shutdown and the ongoing BOI reporting requirements saga. They also examine concerns about IRS Commissioner nominee Billy Long's credentials, including his "Certified Tax and Business Advisor" designation from a three-day seminar. Wrapping up, they review some of 2024's hottest stories, including declining CPA candidates, audit quality issues, and KPMG CEO Paul Knopp's Wall Street Journal op-ed about the "dying language of accounting." Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Suralink - http://accountingpodcast.promo/suralink Cloud Accountant Staffing - http://accountingpodcast.promo/cas TaxBandits - http://accountingpodcast.promo/taxbandits Chapters (01:36) - Beneficial Ownership Information Reporting (BOI) (03:39) - Bench Accounting Shutdown (12:35) - Automated Bookkeeping Challenges (18:35) - Tax Fraud Case: The Magician (28:20) - IRS Commissioner Nominee Controversy (33:55) - Tax Refunds and Lifetime Advisors (36:16) - The Dying Language of Accounting (37:44) - CPA Licensure Reform (39:05) - Working Conditions in Accounting (42:28) - Reflecting on 2024: Key Themes and Events (55:34) - AI and the Future of Accounting (01:00:59) - San Francisco's Tax Controversies (01:04:03) - IRS Special Payments and Predictions for 2025 (01:06:25) - Bitcoin and Quantum Computing Risks (01:09:13) - Closing Remarks and CPE Information Show Notes Bench shuts down, leaving thousands of businesses without access to accounting and tax docs https://techcrunch.com/2024/12/27/bench-shuts-down-leaving-thousands-of-businesses-without-access-to-accounting-and-tax-docs/ New York tax preparer called ‘the Magician’ charged for tax fraud of $145m https://www.theguardian.com/us-news/2024/dec/17/new-york-magician-tax-fraud Billy Long, Trump’s Nominee to Lead the IRS, Touts a Credential That Tax Experts Say Is Dubious https://www.propublica.org/article/billy-long-irs-trump-certified-tax-business-advisor-missouri How a Consulting Firm and Trump’s I.R.S. Pick Pushed a Problematic Tax Credit https://www.nytimes.com/2024/12/24/business/billy-long-irs-tax-credit.html The Dying Language of Accounting https://www.wsj.com/opinion/the-dying-language-of-accounting-cpa-licensing-fede2e74 CPAs Deliberate on the Decline of Accounting https://www.wsj.com/opinion/cpas-deliberate-on-the-demise-of-accounting-kpmg-business-language-c0be3e68 Most Americans say a salary of $270K deems financial success https://www.cfo.com/news/most-americans-say-salary-of-270k-deems-financial-success-gen-z-boomers-inflation/734019/ CFPB Sues Walmart and Branch Messenger for Illegally Opening Deposit Accounts for More Than One Million Delivery Drivers https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-walmart-and-branch-messenger-for-illegally-opening-deposit-accounts-for-more-than-one-million-delivery-drivers/ Lyft Accuses San Francisco of $100 Million Tax Overcharge https://www.bloomberg.com/news/articles/2024-12-24/lyft-accuses-san-francisco-of-overcharging-100-million-in-taxes IRS announces special payments going this month to 1 million taxpayers who did not claim 2021 Recovery Rebate Credit; encourages non-filers about approaching deadline to claim credits https://www.irs.gov/newsroom/irs-announces-special-payments-going-this-month-to-1-million-taxpayers-who-did-not-claim-2021-recovery-rebate-credit-encourages-non-filers-about-approaching-deadline-to-claim-credits Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Dec 21, 2024

Blake, David, and special guest ChatGPT examine the impact of private equity on accounting firms, looking at how PE ownership affects compensation and firm structures. They dig into recent data showing record numbers of accounting errors in public companies, linking these issues to the broader talent shortage crisis. They explore CalCPA's pushback against proposed licensing changes, the surprising economic costs of Daylight Savings Time, and more. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Suralink - http://accountingpodcast.promo/suralink SmartVault - http://accountingpodcast.promo/smartvault TaxBandits - http://accountingpodcast.promo/taxbandits Chapters (00:59) - Introducing ChatGPT as Co-Host (01:58) - Hot Topics in Accounting News (04:05) - Private Equity in Accounting Firms (07:35) - Debating the Impact of Private Equity (22:40) - DirectFile Controversy (28:02) - App News and Updates (34:23) - Enron's Return? (38:28) - Fraudsters and Presidential Pardons (42:00) - Accounting Errors on the Rise (44:52) - The Daylight Savings Debate (50:04) - AI Tools: The Good, The Bad, and The Ugly (58:26) - Final Thoughts and Announcements Show Notes Accounting errors force US companies to pull statements in record numbers https://www.ft.com/content/716c4ad5-e8fa-4a34-afba-9fb2d1db019d Republican lawmakers ask Trump to kill IRS Direct File https://www.nextgov.com/digital-government/2024/12/republican-lawmakers-ask-trump-kill-irs-direct-file/401595/ IRIS to buy Dext in £500m deal https://www.accountingweb.co.uk/tech/accounting-software/iris-to-buy-dext-in-ps500m-deal How Private Funds Could Hurt Americans Under Trump https://www.nytimes.com/2024/12/03/opinion/trump-presidency-billionaires.html LegalZoom and 1-800Accountant Join Forces to Deliver Full-Service Tax and Bookkeeping Solutions for Small Business Owners https://investors.legalzoom.com/news-releases/news-release-details/legalzoom-and-1-800accountant-join-forces-deliver-full-service Zoho Releases New Payroll Solution in the U.S. https://www.cpapracticeadvisor.com/2024/12/13/zoho-releases-new-payroll-solution-in-the-u-s/152935/ BILL Unveils 1099 Form Filing Solution for SMBs https://investor.bill.com/news/news-details/2024/BILL-Unveils-1099-Form-Filing-Solution-for-SMBs/default.aspx Is Enron back? Here’s what we know … https://www.houstonchronicle.com/news/houston-texas/trending/article/is-enron-back-houston-19953844.php CalCPA Submits Comments on Exposure Draft on CPA Licensure https://www.calcpa.org/whats-happening/articles/calcpa-submits-comments-on-exposure-draft-on-cpa CEOs Want Trump to Change Course on Tariffs. He Isn’t Budging. https://www.wsj.com/economy/trade/trump-tariff-plan-business-lobbying-8f02ccea Donald Trump vows to end daylight saving time https://www.youtube.com/watch?v=EDR1IURzO1Q More Than a Lost Hour of Sleep: The True Cost of Daylight Saving Time https://www.chmura.com/blog/dst#:~:text=our%20methodology%20below.-,Results,was%20approximately%20%24672.02%20million%20annually Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ Client Hub - https://clienthub.app/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fanc...

Dec 14, 2024

Blake and David take a look at several significant developments in the accounting world, including Trump's controversial IRS Commissioner nomination of former Congressman Billy Long. They also dig into updates on the Macy's accounting scandal and explore Square's potential move into accounting software with their new head of Product Accounting Solutions hire. They also share insights from the AICPA's 2024 CAS benchmark survey showing significant growth in client accounting services practices and much more! Sponsors RoboDebit - http://accountingpodcast.promo/robodebit Relay - http://accountingpodcast.promo/relay Cloud Accountant Staffing - http://accountingpodcast.promo/cas TaxBandits - http://accountingpodcast.promo/taxbandits Chapters (00:28) - Welcome to The Accounting Podcast (00:40) - Digital CPA Conference Highlights (01:17) - CAS Practices on the Rise (02:22) - IRS Commissioner Nominee: Billy Long (03:42) - Employee Retention Tax Credit Controversy (14:45) - Macy's Financial Misstatements (28:30) - Intuit Assist: A Closer Look (29:48) - The Evolution of Bill Scanning with AI (31:25) - AI's Impact on Accounting Tools (33:06) - AI and Tax Returns: The Future of Automation (34:54) - Relay: The Ultimate Small Business Bank (36:19) - Supermicro's Accounting Scandal (40:48) - Square's Move into Accounting Solutions (57:21) - The Rise of Client Advisory Services (01:00:55) - Closing Remarks and Future Insights Show Notes He Promised Huge Tax Refunds. Now Trump Wants Him to Lead the I.R.S. https://www.nytimes.com/2024/12/06/us/politics/billy-long-trump-irs-tax-credit.html Brainsky Unleashed (Instagram) – Billy Long – December 6, 2024 https://www.instagram.com/brainskyunleashed/reel/DDQS_GjRn4P/ Macy’s employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources say https://www.cnbc.com/2024/12/11/macys-m-earnings-q3-2024.html Macy’s Probe Found Employee Acted Alone in $151 Million Accounting Scandal https://www.wsj.com/business/retail/macys-m-q3-earnings-report-2024-c7363662 LinkedIn – Andy Schwartz – Profit Labs Update – December 6, 2024 https://www.linkedin.com/posts/andy-schwartz-233b359_profit-labs-update-i-am-excited-to-share-activity-7269157016051298305-rYAW/ Amazon integrates QuickBooks for sellers https://www.accountingtoday.com/news/amazon-integrates-intuit-quickbooks AICPA and CPA.com Benchmark Survey: CAS Practices Report 17% Growth https://insidepublicaccounting.com/2024/12/09/aicpa-and-cpa-com-benchmark-survey-cas-practices-report-17-growth/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ Client Hub - https://clienthub.app/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Dec 6, 2024

Congratulations to Blake for making Accounting Today's Top 100 Most Influential People list! Today, Blake and David dig into several significant developments in accounting, including a federal court's decision to block BOI reporting nationwide. They also examine which of the 57% of accounting firms plan to raise fees in 2025 and take a look at the AICPA's Experience Learn and Earn (ELE) program. There's also talk about new PCAOB reporting requirements for audit firms and the recent acquisition of Dext by Iris Software Group. Sponsors OnPay - http://accountingpodcast.promo/onpay Zoho - http://accountingpodcast.promo/zoho SmartVault - http://accountingpodcast.promo/smartvault Chapters (00:31) - Celebrating Achievements and Social Media Impact (03:16) - Key News Stories: Price Increases and Regulatory Changes (04:17) - BOI Reporting Requirement Blocked (14:21) - Raising Prices in Accounting Firms (17:39) - Experience, Learn, and Earn Program (22:26) - AICPA and Overtime Pay Ruling (30:12) - PCAOB's New Reporting Requirements (34:48) - Debating the Future of Auditing (35:50) - Impact of AI on Auditing (37:21) - Evaluating PCAOB's Effectiveness (38:32) - PCAOB Sanctions and Penalties (45:00) - Macy's Financial Controversy (48:31) - EY's AI Interview Bot (53:29) - AI's Impact on Productivity (58:14) - Dext Acquisition by Iris (01:01:58) - Closing Remarks and Future Topics Show Notes Accounting Today - The 2024 Top 100 Most Influential People https://arizent.brightspotcdn.com/c3/0f/2649ee17493eab95634bbc91f5f7/top-100-most-influential-people-updated.pdf Federal Court Enjoins Enforcement of the CTA Nationwide; Reporting Companies “Need Not Comply” with January 1 Deadline https://natlawreview.com/article/texas-federal-court-blocks-corporate-transparency-act-halts-nationwide-enforcement Survey Says 57% of Firms Are Raising Prices Next Year https://cpatrendlines.com/2024/11/14/survey-says-57-of-firms-are-raising-prices-next-year/ Experience, Learn, and Earn https://experiencelearnearn.org/ Expanded Access Now Available for AICPA-NASBA ELE Program https://nasba.org/blog/2024/11/15/expanded-access-aicpa-nasba-ele-program/ Texas Judge Tosses Biden Overtime Expansion for Millions https://news.bloomberglaw.com/daily-labor-report/overtime-expansion-for-4-million-workers-tossed-by-texas-judge Follow up to the "AICPA is illegally hiding salary info on job postings". After several emails, I convinced them to comply with the law https://www.reddit.com/r/Accounting/comments/1g0ib4z/follow_up_to_the_aicpa_is_illegally_hiding_salary/ PCAOB Adopts Auditor Performance Metrics, Increased Firm Reporting Rules https://tax.thomsonreuters.com/news/pcaob-adopts-auditor-performance-metrics-increased-firm-reporting-rules Critics see chance to close down US audit regulator under Trump https://www.ft.com/content/e9a7247f-84fd-4df7-8163-6518954470e9 Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings https://apnews.com/article/macys-accounting-quarter-b1cb0927d9b6a58ee4396838df7973c9 KPMG Survey: AI Adoption Across US Finance Functions Reaches Highest Levels, with ROI Exceeding Expectations https://kpmg.com/us/en/media/news/ai-adoption-across-us-finance-functions-reaches-highest-levels.html IRIS Software Group Announces Intent to Acquire Dext Software Ltd. https://dext.com/us/iris-announces-intent-to-acquire-dext Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Client Hub -

Dec 2, 2024

Blake and David examine the mysteries and motives surrounding the recent Macy's accounting scandal, where a single employee allegedly concealed $132-154 million through improper accrual entries. They also examine Trump's proposed 25% tariff plan on imports from Mexico and Canada (plus an additional 10% on China), discussing its potential impact on American businesses and consumers. Sponsors Zoho - http://accountingpodcast.promo/zoho Suralink - http://accountingpodcast.promo/suralink Cloud Accountant Staffing - http://accountingpodcast.promo/cas Chapters (00:46) - Macy's Accounting Error: Breaking News (01:40) - Understanding the Impact of Macy's Error (02:46) - The Mystery Behind Macy's Accounting Error (02:53) - Join the Live Discussion (03:42) - Upcoming Topics and Teasers (05:15) - Thanking Our Sponsors (06:42) - Diving Deeper into Macy's Accounting Mystery (19:29) - Exploring the Fraud Triangle (27:54) - Auditors and Materiality Standards (32:04) - Auditors' Role in Detecting Fraud (33:25) - Impact of Fraud on Macy's Stock (33:47) - Challenges in Auditing Practices (34:08) - Internal Controls and Their Limitations (38:53) - Expense Fraud: A Growing Concern (44:01) - AI in Auditing: The Future of Fraud Detection (52:28) - Trump Tariffs and Their Economic Impact (01:03:13) - Thanksgiving Reflections and Closing Remarks Show Notes Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings https://apnews.com/article/macys-accounting-quarter-b1cb0927d9b6a58ee4396838df7973c9 Macy’s says accountant hid as much as $154M in expenses https://www.cfodive.com/news/macys-says-accountant-hid-as-much-as-154m-in-expenses-retail-retailing-consumers/733960/ UPS to Pay $45 Million SEC Penalty Over Improper Valuation https://finance.yahoo.com/news/ups-hit-45-million-penalty-144424675.html Strippers, Christmas gifts and an RV: Workers push it with company cards https://abcdpf.livemint.com/industry/strippers-christmas-gifts-and-an-rv-workers-push-it-with-company-cards-11732157906943.html Ex-Jaguars employee who stole $22 million from team files lawsuit against FanDuel https://www.nytimes.com/athletic/5809925/2024/10/01/jaguars-lawsuit-fanduel-amit-patel/ Trump's Truth Social tariffs pledge is a teachable moment for America https://www.msnbc.com/opinion/msnbc-opinion/trump-truth-social-tariffs-deportation-thanksgiving-rcna182079 What does Trump’s latest tariff plan mean for the U.S.? https://www.pbs.org/newshour/politics/what-does-trumps-latest-tariff-plan-mean-for-the-u-s Walmart CFO Says They Don't Want To Raise Prices, But 'Prices Will Go Up For Consumers' Due To Upcoming Tariffs https://finance.yahoo.com/news/walmart-cfo-says-dont-want-161640110.html Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ Client Hub - https://clienthub.app/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 25, 2024

Blake and David discuss Trump's proposed Department of Government Efficiency (DOGE) and its potential impact on tax filing and federal remote work policies. They analyze the Pentagon's seventh consecutive failed audit and examine Intuit's ambitious plans to expand its enterprise offerings. The duo also explores a groundbreaking study showing ChatGPT-4 outperforming human doctors in medical diagnoses, highlighting AI's growing capabilities in professional decision-making. Sponsors Relay - http://accountingpodcast.promo/relay Suralink - http://accountingpodcast.promo/suralink SmartVault - http://accountingpodcast.promo/smartvault Artiffex - http://accountingpodcast.promo/artiffex Chapters (00:00) - Welcome to the Accounting Podcast (01:52) - DOGE's Impact on H&R Block and TurboTax Stocks (02:57) - IRS Free File Program (04:49) - Intuit's Response to DOGE Initiative (10:43) - Remote Work for Federal Employees (16:25) - Pentagon's Audit Failures (22:36) - AI Outperforms Doctors in Diagnosing Illnesses (32:12) - Boosting Productivity with ChatGPT (36:09) - Salesforce's AI Irony (38:15) - Anthropic's AI in Action (45:34) - Intuit's AI Strategy and TurboTax (48:36) - Intuit Enterprise Suite and Market Expansion (55:27) - Closing Remarks and Future Topics Show Notes Coming soon! Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Client Hub - https://clienthub.app/ Forwardly - https://www.forwardly.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 16, 2024

Blake and David dive into the economic implications of Trump's election victory, including proposed tariffs that could significantly impact businesses and inflation. They explore potential tax changes under a new Trump administration, from corporate rate reductions to the elimination of the SALT cap. They also examines an alarming $47 million IRS fraud scheme targeting tax practitioners and debate the future of Bitcoin as speculation grows about a potential national Bitcoin reserve. Sponsors OnPay - http://accountingpodcast.promo/onpay Suralink - http://accountingpodcast.promo/suralink Cloud Accountant Staffing - http://accountingpodcast.promo/cas Artiffex - http://accountingpodcast.promo/artiffex Chapters (00:00) - Welcome to The Accounting Podcast (03:05) - Avalara Crush Conference Insights (07:48) - AI and the Future of Tax Compliance (13:21) - Trump's Economic Impact (17:26) - Tariffs and Global Trade (25:40) - Tax Proposals and Implications (36:53) - Bitcoin's Meteoric Rise and Market Speculations (47:43) - AI Adoption in the Workforce (49:53) - IRS PPS Fraud: A Deep Dive (01:00:49) - PCAOB Drama and Audit Deficiencies (01:06:49) - BOI Reporting and AICPA's Response (01:10:33) - Closing Remarks and CPE Information Show Notes How Trump Won the Economy-is-Everything Election https://www.livemint.com/politics/news/how-trump-won-the-economy-is-everything-election-11730973573508.html How Will Trump’s Universal and China Tariffs Impact the Economy? https://taxfoundation.org/blog/trump-tariffs-impact-economy/ Which Workers Are Embracing AI? https://www.chicagobooth.edu/review/which-workers-are-embracing-ai Actions Were Not Taken to Timely Strengthen Practitioner Priority Service Telephone Line Authentication Controls https://www.tigta.gov/sites/default/files/reports/2024-10/2025ier001fr.pdf Fraudsters get $47 million from practitioner priority service line scheme https://www.journalofaccountancy.com/news/2024/nov/fraudsters-get-47-million-from-practitioner-priority-service-line-scheme Freddie Freeman on World Series MVP, Ohtani Media Mayhem and His Surprising Backup Career | Ep 109 https://www.youtube.com/watch?v=ZimDH_hW7LU PCAOB board member complains of persecution by senators https://www.accountingtoday.com/news/pcaob-board-member-complains-of-persecution-by-senators AICPA to Congress: Delay needed in BOI reporting deadline https://www.thetaxadviser.com/news/2024/nov/aicpa-to-congress-delay-needed-in-boi-reporting-deadline New Development Re: BOI Reporting – 44 Congressmen Seek to Delay FinCEN Beneficial Ownership Reporting https://gpwcpas.com/new-development-re-boi-reporting-44-congressmen-seek-to-delay-fincen-beneficial-ownership-reporting/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Coefficient - http://accountingpodcast.promo/coefficientexpo Forwardly - https://www.forwardly.com/ Client Hub - https://clienthub.app/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 8, 2024

Blake and David examine Sasan Goodarzi's apology and lukewarm reception regarding the recent controversial TurboTax ad campaign. They also take a look at Intuit's new Enterprise Suite product, which aims to compete with NetSuite and Sage Intacct by offering multi-entity accounting capabilities at a lower price point. Moving on, there's talk of Anthropic's new Claude computing capability, EY's resignation as Super Micro Computer's auditor, and Google's declining search market share in the face of AI competition. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Relay - http://accountingpodcast.promo/relay Cloud Accountant Staffing - http://accountingpodcast.promo/cas Chapters (00:41) - Intuit Connect Recap (01:37) - Intuit CEO's Apology (09:32) - Intuit's Market Strategy (15:45) - Intuit Enterprise Suite Demo (30:00) - QuickBooks New Features (36:32) - Upcoming AI Webinar Announcement (37:06) - Feedback on AI Presentation (37:47) - The Future of Tax Preparation with AI (39:34) - AI in Action: Cloud Computer Use Demo (49:46) - Fraud in Political Campaigns (52:53) - Opportunities in Small Town Tax and Bookkeeping (57:08) - EY Resigns as Super Micro Auditor (01:07:39) - Conclusion and Upcoming Events (01:07:56) - Google's Ad Revenue Threatened by AI Show Notes EY resigns as Super Micro auditor, causes stock to fall 33% https://www.cnbc.com/2024/10/30/super-micro-auditor-resigns-after-raising-concerns-months-earlier.html Intuit Connect 2024: Sasan Goodarzi on AI & the Future of Accounting https://www.youtube.com/watch?v=1xzKztkuhRY Introducing computer use, a new Claude 3.5 Sonnet, and Claude 3.5 Haiku https://www.anthropic.com/news/3-5-models-and-computer-use 'All hell has broken loose': Inside Elon Musk's high-stakes pro-Trump door-knocking effort https://www.nbcnews.com/politics/2024-election/elon-musks-high-stakes-trump-door-knocking-effort-america-pac-rcna176255 BDO must face AmTrust investors' fraud case after US appeals court backtracks https://www.reuters.com/legal/government/column-bdo-must-face-amtrust-investors-fraud-case-after-us-appeals-court-2024-11-04/ Google’s Grip on Search Slips as TikTok and AI Startup Mount Challenge https://www.wsj.com/tech/online-ad-market-google-tiktok-9599d7e8 Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Coefficient - http://accountingpodcast.promo/coefficientexpo Client Hub - https://clienthub.app/ Forwardly - https://www.forwardly.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 30, 2024

In this episode, Amber Setter returns to discuss the AICPA and NASBA's newly proposed competency-based pathway to CPA licensure, offering a 150-hour-rule alternative. They argue that the complexity of the plan might create more bureaucratic barriers rather than simplifying the process. There's also talk on the challenges facing the profession, including stagnant salaries and declining CPA numbers. Rounding out the show, they examine a recent story about EY firing employees for attending multiple online CPE courses at once. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho Cloud Accountant Staffing - http://accountingpodcast.promo/cas Tabs - http://accountingpodcast.promo/tabs Chapters (02:30) - Blake's Session on Automation Toolkit (05:11) - Sponsor Acknowledgements (05:34) - Discussion on AICPA and NASBA Competency Pathway (06:35) - Amber Setter's Insights on the Proposed Pathway (10:47) - Concerns and Practical Challenges (16:21) - Potential Impact on CPA Candidates (30:29) - Live Stream Viewer Comments and Questions (36:02) - Debating CPA Education Requirements (36:29) - Personal Journey to Becoming a CPA (37:18) - State Differences in CPA Experience Requirements (39:34) - NASBA's Influence on State Boards (41:47) - Challenges in CPA Firm Hiring Practices (42:38) - Value of Prior Work Experience (42:55) - Different CPA Licenses Across States (45:06) - Master's Degree in Accounting: Is It Worth It? (47:41) - Experience vs. Education in CPA Training (52:35) - The Appeal of Starting Your Own Firm (01:00:15) - EY's Controversial CPE Policy (01:03:09) - Innovative CPE Solutions with Earmark (01:03:55) - Future of CPE and Mental Health Initiatives (01:09:42) - Conclusion and Final Thoughts Show Notes Exposure draft: Proposed “CPA Competency-Based Experience Pathway” https://www.aicpa-cima.com/certifications/download/exposure-draft-proposed-cpa-competency-based-experience-pathway Educational Requirements for CPA Licensure https://www.dca.ca.gov/cba/applicants/ed-requirements.shtml EY Got Rid of Staff Who Took Multiple CPE Courses at the Same Time https://www.cpapracticeadvisor.com/2024/10/23/ey-got-rid-of-staff-who-took-multiple-web-training-course-at-once/112128/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Coefficient - http://accountingpodcast.promo/coefficientexpo Forwardly - https://www.forwardly.com/ Client Hub - https://clienthub.app/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 25, 2024

Blake and David examine why Trump may win in 2024, discussing immigration's economic impact on working-class wages and how this could affect voting patterns, particularly in border states like Arizona. They also look at the AICPA's selection of Mark Koziel as its new president, questioning whether the organization truly advocates for average CPAs. Moving on, they discuss Intuit's controversial TurboTax marketing campaign and consider why Berkshire Hathaway is reducing its BOA stake due to concerns about unrealized losses in the bank's bond portfolio. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho Practice Protect - http://accountingpodcast.promo/protect Chapters (00:33) - Introduction and Grand Canyon Adventure (02:29) - Padgett Business Model and Amanda's Role (04:19) - Sponsors and Election Involvement (06:00) - Why Trump Will Win: Analyzing the Numbers (06:29) - AICPA Leadership and Industry News (10:29) - Earmark's Growth and Future Plans (24:11) - Immigration Debate and Economic Impact (43:30) - Economic Factors in Trump's Election Loss (44:21) - Ad Break: Zoho Practice Management (46:07) - Impact of Abortion and Immigration on Elections (47:42) - Offshoring and Wage Suppression in Accounting (49:49) - AICPA's Role in Offshoring and Technology (54:05) - Introducing Mark Koziel: New AICPA President (57:48) - Ad Break: Practice Protect Cybersecurity (01:00:04) - Debate on Abortion and Political Affiliations (01:04:50) - Banking Crisis and Economic Policies (01:07:02) - Intuit's Controversial Ad Campaign (01:15:19) - Warren Buffett's Stance on Bank of America (01:25:00) - Conclusion and Upcoming Events Show Notes Do immigrants really take jobs and lower wages? https://www.npr.org/2024/06/28/1197959366/immigration-economics-mariel-boatlift Escalating Cyber Threats Demand Stronger Global Defense and Cooperation https://blogs.microsoft.com/on-the-issues/2024/10/15/escalating-cyber-threats-demand-stronger-global-defense-and-cooperation/ American productivity still leads the world https://www.economist.com/special-report/2024/10/14/american-productivity-still-leads-the-world Public sector talent shortage: Unique challenges require unique solutions https://www.journalofaccountancy.com/news/2024/oct/public-sector-accounting-challenges.html Intuit asked us to delete part of this Decoder episode https://www.theverge.com/2024/10/21/24273820/intuit-ceo-sasan-goodarzi-turbotax-irs-quickbooks-ai-software-decoder-interview Buffett's Berkshire Trims BofA Stake Closer to 10% https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-10-08-2024/card/buffett-s-berkshire-trims-bofa-stake-closer-to-10--EQHbm5iLN4LTvbgNW29W Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Client Hub - https://clienthub.app/ Forwardly - https://www.forwardly.com/ Coefficient - http://accountingpodcast.promo/coefficientexpo Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 17, 2024

Blake and David touch on several hot topics in the accounting world, including the fallout from Intuit's controversial TurboTax ad, and the National Association of Tax Preparers cutting ties with the company. They also examine Trump Jr.'s threats against Deloitte, KPMG's support for alternative pathways to CPA licensure, and rapper Fat Joe's recent experiences with BDO. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Ignition - http://accountingpodcast.promo/ignition Mercury - http://accountingpodcast.promo/mercury Chapters (01:16) - Controversial Intuit Ad Campaign (03:29) - Blake's Grand Canyon Adventure (04:49) - Intuit's Industry Fallout (09:58) - Tax Preparation Fee Calculator (14:34) - NATP's AI Transition (22:01) - Trump Jr. vs. Deloitte (24:17) - Trump's Tax Policy for Expats (28:08) - Popular Tax Proposals (34:42) - App News: Numeric's Big Funding Round (35:46) - Understanding Flux Analysis (37:11) - AI in Accounting: Real-World Applications (40:38) - Tax Season Tips and Client Management (43:27) - CPA Licensure and Industry Challenges (53:33) - Auditor Misconduct and SEC Rulings (57:54) - Celebrity Financial Scandals: Fat Joe's Case (01:13:59) - Closing Remarks and Upcoming Adventures Show Notes TurboTax ‘Breakup’ Ad Draws Ire From Tax Pro Org https://tax.thomsonreuters.com/news/turbotax-breakup-ad-draws-ire-from-tax-pro-org/ Deloitte takes fire from Trump-Vance allies over leaked employee messages https://thehill.com/business/4919910-deloitte-employee-trump-criticism/ Trump supports ending double taxation on Americans living abroad: ‘Let’s put America First’ https://nypost.com/2024/10/14/business/former-president-donald-trump-supports-ending-double-taxation-on-americans-living-abroad/ KPMG Supports Alternative CPA Paths to Address Accountant Shortage https://tax.thomsonreuters.com/news/kpmg-supports-alternative-cpa-paths-to-address-accountant-shortage SEC Drops Auditor Misconduct Cases After In-House Judges Ruling https://news.bloombergtax.com/financial-accounting/sec-drops-auditor-misconduct-cases-after-in-house-judges-ruling Fat Joe Suing Accountants Over Fraud Activity https://www.bet.com/article/dh3bcc/fat-joe-suing-accountants-over-fraud-activity Numeric grabs $28M Series A to automate accounting using AI https://techcrunch.com/2024/10/10/numeric-grabs-28m-series-a-for-automating-accounting-with-ai/ Ex-Tingo Auditor Aided, Concealed ‘Massive Fraud,’ SEC Claims https://news.bloombergtax.com/financial-accounting/ex-tingo-auditor-aided-concealed-massive-fraud-sec-claims Fat Joe On Getting Robbed By Accountants, Using The N-Word, BET Hip Hop Awards + More https://www.youtube.com/watch?v=xL3RV6SHY4E Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ Client Hub - https://clienthub.app/ Coefficient - http://accountingpodcast.promo/coefficientexpo Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 10, 2024

Blake and David look into OpenAI's complex entity structure and potential conversion from nonprofit to for-profit, highlighting the significant financial implications. They also discuss the challenges facing FreshBooks amid recent layoffs and shifting market dynamics and then explore the journey of Vuori's CEO Joe Kudla, emphasizing how his accounting background contributed to the company's success. Wrapping things up, we’ve got listener questions about the value of CPA licenses and growing advisory services in accounting firms. Sponsors Relay - http://accountingpodcast.promo/relay Ignition - http://accountingpodcast.promo/ignition Mercury - http://accountingpodcast.promo/mercury Chapters (02:15) - OpenAI's Nonprofit to For-Profit Dilemma (05:44) - Understanding OpenAI's Complex Structure (13:28) - The Financial Implications of OpenAI's Transition (27:34) - Vuori's CEO: From Accounting to Fashion (34:44) - The Power of Pricing: Vuori's Success Story (35:09) - The Importance of Accounting in Entrepreneurship (36:48) - FreshBooks' Struggles and Market Position (39:42) - The Future of FreshBooks and Industry Trends (46:02) - Listener Mail: CPA Value and Audit Challenges (53:34) - Exploring Advisory Services and Technology Solutions (59:22) - Closing Thoughts and Community Engagement Show Notes OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia https://www.reuters.com/technology/artificial-intelligence/openai-closes-66-billion-funding-haul-valuation-157-billion-with-investment-2024-10-02/ How Vuori’s Joe Kudla went from accountant to fashion industry success https://www.goldmansachs.com/insights/goldman-sachs-talks/joe-kudla FreshBooks lays off 140 https://www.accountingtoday.com/news/freshbooks-lays-off-140-staff-cites-challenging-18-months SEC Charges Olayinka Oyebola and His Accounting Firm With Aiding and Abetting Massive Fraud https://www.sec.gov/newsroom/press-releases/2024-157 Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ Client Hub - https://clienthub.app/ Coefficient - http://accountingpodcast.promo/coefficientexpo Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 4, 2024

Blake and David discuss a controversial TurboTax ad campaign encouraging people to "break up" with their tax professionals, analyze survey data on AI adoption in accounting firms, and critically examine proposed changes to CPA licensure requirements. They also explore NASBA's influence on the profession end debate the merits of automatic mobility for CPAs across states. Sponsors OnPay - http://accountingpodcast.promo/onpay Ignition - http://accountingpodcast.promo/ignition WorkflowCon - http://accountingpodcast.promo/workflowcon interVal - http://accountingpodcast.promo/interval Chapters (01:32) - Intuit's Controversial NFL Commercial (03:52) - TurboTax's Pricing Strategy (06:32) - Intuit's Market Strategy and Tax Pro Reactions (12:55) - IRS Audit Rates and Challenges (20:25) - EY India Tragedy and Work Culture (27:18) - AI in Accounting: Adoption and Applications (34:02) - Introduction to Perplexity (37:09) - Empowering Your Team with AI (39:11) - Challenges in CPA Firms (42:30) - WorkflowCon 2024 Announcement (44:15) - Changes to CPA Licensure (49:06) - Critique of NASBA and AICPA (57:02) - The Future of CPA Mobility (01:10:44) - Conclusion and Call to Action Show Notes TurboTax 2024 Beat Your Price Commercial "Tax Break-Up" (Official TV Ad :30) https://www.youtube.com/watch?v=GW7rfwO6_is Intuit Hosts Investor Day, Reaffirms First-Quarter and Fiscal 2025 Guidance https://investors.intuit.com/news-events/press-releases/detail/1215/intuit-hosts-investor-day-reaffirms-first-quarter-and-fiscal-2025-guidance The State of AI in Accounting Report 2024 https://karbonhq.com/resources/state-of-ai-accounting-report-2024/ AICPA, NASBA propose a new pathway to CPA licensure https://www.journalofaccountancy.com/news/2024/sep/cpa-competency-based-licensure-pathway.html AICPA and NASBA Propose Changes to the Uniform Accountancy Act https://www.masscpas.org/news/f339a29a-f278-4bc3-bf30-b1e10d198ca2:aicpa-and-nasba-propose-changes-to-the-uniform-accountancy-act The Hazards of Redefining Mobility https://nasba.org/blog/2024/09/19/the-hazards-of-redefining-mobility/ How Accounting Firms Can Overcome the Profit Plateau https://www.accountingtoday.com/opinion/how-accounting-firms-can-overcome-the-profit-plateau Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ Client Hub - https://clienthub.app/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Sep 26, 2024

Blake and David meet with Natalie Lennon, the Australian accountant known as the "Queen of TikTok" in accounting circles. Natalie shares her experiences at Xerocon Nashville, discusses the differences between Australian and American accounting practices, and explains how she leveraged TikTok to grow her accounting business. She also outlines implementing a four-day workweek, embracing fixed-fee pricing, and her upcoming projects, including a TikTok course for accountants. Meet Our Guest, Natalie Lennon LinkedIn: https://www.linkedin.com/in/natalielennon/ TikTok: https://www.tiktok.com/@natlenno Learn more about Two Sides Accounting Website: https://www.twosides.com.au/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Sep 25, 2024

Blake and David examine the evolving landscape of remote work, discussing recent trends and their impact on productivity and employee well-being. They also explore the commercial real estate market's challenges due to the shift towards remote work and its potential implications for the banking sector. Moving on, they take a look at recent audit failures, particularly the FTX case and discuss the controversial Beneficial Ownership Information reporting requirements and some potential issues for small businesses. Sponsors Zoho - http://accountingpodcast.promo/zoho Relay - http://accountingpodcast.promo/relay SafeSend - http://accountingpodcast.promo/safesend interVal - http://accountingpodcast.promo/interval Chapters (00:49) - Blake's Fitness Journey with Apple Watch (03:16) - Impact of Remote Work on Health and Productivity (06:25) - Amazon's Return to Office Policy (11:36) - CEO Perspectives on Remote Work (24:14) - Commercial Real Estate Crisis (28:07) - Accounting Standards and Bank Balance Sheets (31:25) - Listener Questions and Comments (45:06) - The Sunk Cost Fallacy in Real Estate (45:41) - The Looming Commercial Real Estate Bust (47:51) - The Role of Intangible Assets in Modern Accounting (51:24) - The CPA Journey: Is It Worth It? (52:09) - The Kenneth CPA Hack (01:01:54) - The BOI Reporting Controversy Show Notes How Remote Work Is Impacting Accounting Firms https://cpatrendlines.com/2024/09/22/how-remote-work-is-impacting-accounting-firms/ 2024 KPMG U.S. CEO Outlook Pulse Survey https://kpmg.com/us/en/articles/2024/kpmg-2024-ceo-outlook-pulse-survey.html Amazon tells employees to return to office five days a week https://www.cnbc.com/2024/09/16/amazon-jassy-tells-employees-to-return-to-office-five-days-a-week.html Wells Fargo employee found dead at her desk days after she last clocked into work, authorities say https://www.cnn.com/2024/08/31/us/wells-fargo-employee-desk-arizona/index.html Eric Schmidt Calls Remote Work a Mistake for Google in Disappearing Video https://nationalcioreview.com/articles-insights/news/eric-schmidt-calls-remote-work-a-mistake-for-google-in-disappearing-video/ Audit Firm Prager Metis Settles SEC Charges for Negligence in FTX Audits and for Violating Auditor Independence Requirements https://www.sec.gov/newsroom/press-releases/2024-133 Beneficial Ownership Reporting Outreach and Education Toolkit https://www.fincen.gov/boi/toolkit BOI requirements roll along despite concerns about too little outreach https://www.journalofaccountancy.com/news/2024/aug/boi-reporting-requirements.html Property Fraud Allegations Snowball as Commercial Real Estate Values Fall https://www.wsj.com/real-estate/property-fraud-allegations-snowball-as-commercial-real-estate-values-fall-492d964c Nearly a Quarter of Office Space in the U.S. Will Be Empty by 2026 https://www.cpapracticeadvisor.com/2024/07/01/nearly-a-quarter-of-office-space-in-the-u-s-will-be-empty-by-2026/107376/ Big Banks are Taking Hits from Commercial Real Estate https://www.wsj.com/finance/banking/commercial-property-loans-real-estate-banks-249a43b9 Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ Client Hub - https://clienthub.app/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to cr...

Sep 20, 2024

Blake and David explore Intuit's new Enterprise Suite, a product that appears to compete with NetSuite in the mid-market ERP space. They also discuss a major audit failure by PwC in China related to Evergrande, raising concerns about the ethics and integrity at large accounting firms. They also discuss the tragic death of a young accountant at EY in India due to overwork and explore the implications of OpenAI's latest model outperforming humans on IQ tests. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow The Small Business Research Institute - http://accountingpodcast.promo/ceanow SafeSend - http://accountingpodcast.promo/safesend Chapters (01:32) - Intuit's New ERP System (03:43) - Target Market and Pricing Concerns (06:11) - Comparing to Competitors (18:18) - PwC's Massive Fine in China (19:04) - Evergrande's Financial Collapse (26:59) - The Bigger Picture of Audit Quality (30:08) - Australian Accountants and the PwC Debacle (31:05) - Tragic Death of EY Employee in India (33:16) - The Hypocrisy of Overwork in the Big Four (40:42) - OpenAI's New Model: A Game Changer (49:43) - Driverless Cars: The Future of Transportation (53:15) - NASBA's New Competency-Based CPA Pathway (01:01:23) - Conclusion and Farewell Show Notes Intuit Introduces Intuit Enterprise Suite to Help Businesses Grow, Streamline Operations, and Scale https://investors.intuit.com/news-events/press-releases/detail/1213/intuit-introduces-intuit-enterprise-suite-to-help-businesses-grow-streamline-operations-and-scale PwC faces record fine over Evergrande audit in China https://finance.yahoo.com/news/pwc-faces-record-fine-over-131518742.html Death of young Ernst & Young employee raises questions about workplace culture https://www.nbcnews.com/news/world/death-young-ernst-young-employee-raises-questions-workplace-culture-rcna171945 Comparison of Models: Quality, Performance & Price Analysis https://artificialanalysis.ai/models Waymo significantly outperforms comparable human benchmarks over 7+ million miles of rider-only driving https://waymo.com/blog/2023/12/waymo-significantly-outperforms-comparable-human-benchmarks-over-7-million AICPA, NASBA propose a new pathway to CPA licensure https://www.journalofaccountancy.com/news/2024/sep/cpa-competency-based-licensure-pathway.html Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ Client Hub - https://clienthub.app/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Sep 19, 2024

Blake and David meet with Kenyth Holdefer, who shares his unconventional path to becoming a CPA. Kenyth details how he obtained his bachelor's and master's degrees in just over four months through Western Governors University's competency-based education model, followed by passing all four CPA exams within six months. Kenyth highlights his transition from a successful career in mortgages to public accounting, emphasizing the potential for alternative educational paths in addressing the accounting profession's talent shortage. Meet Our Guest, Kenyth Holdefer LinkedIn: https://www.linkedin.com/in/ken-holdefer-101745105/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Sep 17, 2024

Back from SuiteWorld, Blake and David discuss key takeaways from Oracle NetSuite's conference, including product updates and the event's growing scale. They also examine recent fundraising in the accounting-tech space, notably bookkeeping startup Finally's $200 million Series B round. Moving on, there's Big Four firm news, including PwC's layoffs and return-to-office policies, as well as a viral TikTok trend exploiting a Chase Bank ATM glitch. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow The Small Business Research Institute - http://accountingpodcast.promo/ceanow SafeSend - http://accountingpodcast.promo/safesend Chapters (00:46) - Recap of Oracle SuiteWorld Conference (02:26) - NetSuite's Growth and Market Position (12:48) - Product Announcements and AI Integration (18:56) - Listener Questions and Career Advice (26:03) - Bookkeeping Startup Raises $200 Million (29:13) - Exploring All-in-One Bookkeeping Services (30:03) - The Future of Accounting Software Market (31:31) - Mercury Bank Acquires Teal (32:12) - Challenges in Automated Bookkeeping (35:39) - Consolidation in the Financial Services Industry (38:44) - Viral TikTok ATM Glitch Exploits (42:18) - PwC Layoffs and Office Policies (50:09) - Deloitte's Olympic Gold Medalist (54:58) - Career Advice for Tech and Accounting Professionals Show Notes Oracle NetSuite – SuiteWorld https://www.netsuitesuiteworld.com/ Accounting Software Market Size With Growing Demand and Forecast to 2032 https://www.linkedin.com/pulse/accounting-software-market-size-growing-demand-qsgic/ Mercury acquires Teal https://mercury.com/blog/inside-mercury/mercury-acquires-teal Revolut Business Adds Bill Pay Feature https://www.pymnts.com/news/b2b-payments/2024/revolut-business-adds-bill-pay-feature Paylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider https://www.airbase.com/press-release/paylocity-announces-definitive-agreement-to-acquire-airbase-inc-a-leading-spend-management-software-solution-provider The Chase ATM 'glitch' that went viral is likely check fraud, bank says https://www.usatoday.com/story/money/2024/09/03/chase-bank-atm-glitch-fraud/75058813007/ PwC Laying Off 1,800 Employees in First Formal Cuts Since 2009 https://www.wsj.com/articles/pwc-laying-off-1-800-employees-plans-restructuring-of-products-business-b5dfe7c1 PwC tells employees it will use location data to police 'back-to-office' rule https://www.ctvnews.ca/business/pwc-tells-employees-it-will-use-location-data-to-police-back-to-office-rule-1.7031968 PwC Isn’t Used to Being Called Desperate But Here We Are https://www.goingconcern.com/pwc-isnt-used-to-being-called-desperate-but-here-we-are/ Deloitte rower earned gold at Paris Olympics https://www.accountingtoday.com/news/deloitte-rower-earned-gold-medal-at-paris-olympics Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ Client Hub - https://clienthub.app/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Sep 6, 2024

In our 400th episode, Blake and David dive into the controversial world of audit quality and Big Four accounting firms. They also discuss a listener's critical email about their audit coverage, explore recent audit failures and deficiencies, and debate the underlying incentives in the audit industry. The discussion turns to workplace culture issues at major firms and potential solutions to improve audit quality. Sponsors OnPay - http://accountingpodcast.promo/onpay Zoho - http://accountingpodcast.promo/zoho Makers Hub - http://accountingpodcast.promo/makershub Chapters (01:05) - Listener Email: Criticism of Audit Discussions (01:59) - Reading and Responding to Connor's Email (05:19) - Understanding Audit Deficiencies (07:46) - Audit Quality and Deficiency Rates (13:26) - EY's Audit Deficiency and Industry Comparison (15:28) - The Business Model of Big Four Firms (19:13) - Challenges in the Audit Profession (19:39) - Listener Feedback and Commentary (35:33) - Super Micro Accounting Scandal (43:53) - AI's Impact on Auditing (44:11) - The Tipping Point: Media Coverage and Reactions (44:40) - Audit Issues and Historical Context (46:10) - The Role of Consulting in Audit Firms (48:04) - Materiality and Audit Quality (51:32) - The Future of Auditing and AI (53:16) - EY's Secret Drinking Club Controversy (01:15:35) - Addressing the CPA Crisis (01:19:10) - Listener Mail and Final Thoughts Show Notes PCAOB Posts 2023 Annual Inspection Reports Alongside Staff Observations and New Charts To Boost Transparency https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-posts-2023-annual-inspection-reports-alongside-staff-observations-new-charts-to-boost-transparency Super Micro: Fresh Evidence Of Accounting Manipulation, Sibling Self-Dealing And Sanctions Evasion At This AI High Flyer https://hindenburgresearch.com/smci/ AI Spotted Super Micro Risks Two Years Before Filing Fiasco https://www.forbes.com/sites/noahbarsky/2024/08/30/ai-spotted-super-micro-risks-two-years-before-filing-fiasco/ EY's PR nightmare: A ‘secret drinking club’, misconduct allegations and resignations https://www.stuff.co.nz/nz-news/350292387/eys-pr-nightmare-secret-drinking-club-misconduct-allegations-and-resignations Super Micro shares fall 19% on filing delay, Hindenburg Research report https://www.cnbc.com/2024/08/28/super-micro-shares-fall-23percent-on-filing-delay-hindenburg-research-report.html Who Wants to See How Much Big 4 Revenue by Service Line Has Changed Since SOX? https://www.goingconcern.com/who-wants-to-see-how-much-big-4-revenue-by-service-line-has-changed-since-sox/ PCAOB releases two new, divergent inspection reports for Canadian accounting firms https://www.canadian-accountant.com/content/practice/pcaob-inspection-reports-deloitte-kreston-gta Rethinking Rankings: The Top 100 Firms — Adjusted https://www.vision.cpa/blog/Rethinking%20Rankings:%20Revenue%20Per%20Employee Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Client Hub - https://clienthub.app/ Forwardly - https://www.forwardly.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Aug 28, 2024

In this episode, Blake and David dive into Intuit's strategic shift towards enterprise solutions, discussing the potential impact on the accounting industry. They also examine some recent economic trends, including the U.S. debt situation and its comparison to historical empires. They then get into audit deficiency rates reported by the PCAOB, highlighting the need for transparency and reform in the auditing profession. There's also talk AI applications in education, recent accounting scandals, and more challenges facing the accounting industry. Sponsors OnPay - http://accountingpodcast.promo/onpay Relay - http://accountingpodcast.promo/relay Makers Hub - http://accountingpodcast.promo/makershub Chapters (01:50) - Intuit's Strategic Shift to Enterprise (04:42) - Intuit's Pricing and Market Position (13:11) - Economic Outlook and Accountants' Perspectives (21:45) - China's Debt and Bankruptcy System (28:52) - Listener Mail and Industry Insights (35:56) - A Compromise Between Hourly Billing and Subscription Pricing (45:33) - AI as a Personal Tutor (46:34) - Understanding SAFE Notes (54:24) - AI in Retail and Business (01:01:47) - Audit Deficiencies and Industry Issues (01:25:34) - Conclusion and Final Thoughts Show Notes Intuit (INTU) Q4 2024 Earnings Call Transcript https://www.fool.com/earnings/call-transcripts/2024/08/22/intuit-intu-q4-2024-earnings-call-transcript/ 6 podcast episodes CFOs should listen to before summer ends https://www.cfo.com/news/6-podcast-episodes-cfos-should-listen-to-accounting-podcast-strategic-cfo-360-rockstar-cfo/723667/ Accountants bearish, mostly https://www.accountingtoday.com/news/accountants-bearish-mostly-save-for-their-own-firm-and-clients Goldman Sachs Lowers Probability of US Recession https://www.investopedia.com/goldman-sachs-lowers-probability-of-us-recession-8697194 China’s Punishment for People With Bad Debts: No Fast Trains or Nice Hotels https://www.wsj.com/world/china/chinas-punishment-for-people-with-bad-debts-no-fast-trains-or-nice-hotels-bde24da2 Target to Roll Out Transformative GenAI Technology to its Store Team Members Chainwide https://corporate.target.com/press/release/2024/06/target-to-roll-out-transformative-genai-technology-to-its-store-team-members-chainwide N.J. Accounting Professor Convicted of Tax Evasion https://www.cpapracticeadvisor.com/2024/08/19/n-j-accounting-professor-convicted-of-tax-evasion/109210/ Everyone from the sunken yacht off Sicily has now been accounted for https://www.npr.org/2024/08/22/g-s1-18939/tech-mogul-mike-lynchs-body-is-found-as-the-search-goes-on-for-1-more-yacht-passenger PCAOB Posts 2023 Annual Inspection Reports Alongside Staff Observations and New Charts To Boost Transparency https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-posts-2023-annual-inspection-reports-alongside-staff-observations-new-charts-to-boost-transparency EY Sheds U.S. Audit Clients in Response to Shortfalls https://www.wsj.com/articles/ey-sheds-u-s-audit-clients-in-response-to-shortfalls-2ba1172e Regulator Explores Naming Companies Tied to Auditing Deficiencies Amid Investor Pushback https://www.wsj.com/articles/regulator-explores-naming-companies-tied-to-auditing-deficiencies-amid-investor-pushback-8ee1d1f3 Auditors failed to raise alarm before 75% of UK corporate collapses https://www.ft.com/content/14a63c36-ba27-495c-96c0-3d34460d73cc Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher

Aug 21, 2024

Blake and David leap into the latest updates from Xerocon, including new features like traditional bank reconciliations, embedded bill pay with BILL and AI capabilities through JAX (Just Ask Xero). They look at Xero's strategy to double and how it compares to Intuit's mid-market growth focus. They also touch on the potential impact of QuickBooks' pricing strategy. Sponsors Lendflow - http://accountingpodcast.promo/lendflow The Small Business Research Institute - http://accountingpodcast.promo/ceanow Keeper - http://accountingpodcast.promo/keeper Chapters (01:01) - Xerocon Highlights and New Features (01:18) - Deep Dive into Xero's Bank Reconciliation (06:13) - Xero's Strategic Focus: The Three by Three Initiative (10:18) - Xero's Market Share and Competitive Strategy (17:52) - Listener Questions and Advice for Aspiring Accountants (21:37) - Xero's Upcoming Features and Integrations (40:46) - Alternative Career Paths in Accounting (41:16) - Xero's New AI Features and Bill Payments Experience (45:53) - Exploring Xero's JAX AI and Its Functionalities (54:04) - Xero's Market Strategy and Competition with QuickBooks (01:01:51) - Xerocon Highlights and Nashville Adventures (01:07:44) - The Mysterious Case of Mike Lynch (01:14:27) - Closing Remarks and Upcoming Events Show Notes New features announced at Xerocon Nashville https://blog.xero.com/product-updates/new-features-xerocon-nashville/ Intuit cut to Equal-Weight at Morgan Stanley, citing reliance on pricing lever https://seekingalpha.com/news/4139926-intuit-cut-to-equal-weight-at-morgan-stanley-citing-reliance-on-pricing-lever British entrepreneur Mike Lynch among missing after luxury yacht sinks off Sicily https://www.reuters.com/world/europe/seven-missing-15-rescued-after-sailboat-sinks-off-sicily-2024-08-19/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Client Hub - https://clienthub.app/ Forwardly - https://www.forwardly.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Aug 20, 2024

Blake Oliver meets with Josh Poresky, a recent college graduate working in audit at RSM. Josh describes his innovative AI project that uses retrieval augmented generation (RAG) to query PCAOB audit guidelines instantly. They explore how this technology could potentially automate up to 99% of staff work for internal controls testing in SOX audits and also highlight some of the challenges and future possibilities of implementing AI in auditing processes. Meet Our Guest, Josh Poresky LinkedIn: https://www.linkedin.com/in/josh-poresky956/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Aug 16, 2024

Blake and David discuss the slow adoption of AI tools in accounting firms, with a recent study showing low usage rates. They also explore the potential of AI to streamline tasks like email writing and fraud detection, highlighting tools like Superwhisper. Moving on, there are political discussions around tax exemptions for tips and their potential consequences, updates on the Wirecard fraud case, and insights from a study linking corporate ethics language to negative outcomes. Sponsors Lendflow - http://accountingpodcast.promo/lendflow The Small Business Research Institute - http://accountingpodcast.promo/ceanow Bookkeeping Biz Workshops - http://accountingpodcast.promo/bbworkshop Practice Protect - http://accountingpodcast.promo/protect Chapters (00:00) - Introduction and Welcome (00:59) - AI Tools for Accountants (01:21) - CPA Pathway Discussion (03:21) - SuperWhisper Demo (05:30) - Email Efficiency with AI (29:20) - Savannah Bananas Business Model (36:54) - LegalZoom Layoffs and Restructuring (38:35) - Challenges of Software in Service Businesses (38:51) - QuickBooks Live and Bookkeeping Models (42:19) - AI in Accounting: JPMorgan Chase's New Tool (44:33) - IRS Free File Expansion (48:26) - Debate on Taxing Tips (54:08) - Wirecard Scandal Update (55:15) - Ethical Companies and Investor Skepticism (01:00:16) - Listener Feedback and Career Advice (01:13:14) - The Accountant 2 Movie Announcement Show Notes Study finds accountants slow to adopt gen AI https://www.accountingtoday.com/news/study-finds-accountants-slow-to-adopt-gen-ai-tools Why Trump and Harris’s ‘no tax on tips’ plans may not help tipped workers https://www.washingtonpost.com/business/2024/08/13/trump-harris-tax-free-tips/ Beware When a Company Says It Is Trustworthy https://www.wsj.com/finance/investing/ethics-companies-trust-b182f2b5?mod=itp_wsj Two more Wirecard executives charged over accounting scandal https://www.reuters.com/technology/two-more-wirecard-executives-charged-over-accounting-scandal-2024-08-06/ LegalZoom Announces Leadership Transition https://investors.legalzoom.com/news-releases/news-release-details/legalzoom-announces-leadership-transition JPMorgan Launches AI Assistant for 60,000 Employees https://www.investopedia.com/jpmorgan-launches-ai-assistant-for-60000-employees-8693103 Eligible taxpayers in 12 states can file for free with IRS Direct File https://www.irs.gov/newsroom/eligible-taxpayers-in-12-states-can-file-for-free-with-irs-direct-file The Accountant 2: Official release date revealed, here’s when new episodes will air https://economictimes.indiatimes.com/news/international/us/the-accountant-2-official-release-date-revealed-heres-when-new-episodes-will-air/articleshow/112474832.cms?from=mdr Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ Client Hub - https://clienthub.app/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Aug 10, 2024

Earmark Media Presents a bonus episode of Best Metrics: In this episode, host Glenn Dunlap is joined by Kenya Brooks, a partner at Saville CPAs and Advisors, to discuss the unique challenges and opportunities in property management and development accounting. They explore key metrics to monitor financial statements, the impact of economic trends on the real estate industry, and strategies for navigating client relationships during both prosperous and challenging times. Kenya also shares valuable insights from her 25 years of accounting expertise and her experience growing Saville's client accounting services practice. Learn more about Best Metrics: https://bestmetrics.show/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get CPE for listening to the Best Metrics podcast: https://www.earmark.app/@bestmetrics Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Aug 8, 2024

Blake and David, joined by guest Amber Setter, dive into the California Board of Accountancy's move to create legislation for an alternative to the 150-hour rule for CPA licensure. They discuss the potential impact on the accounting profession, the need for modernization, and the challenges faced by aspiring CPAs. The conversation also touches on various industry updates, including firm mergers, government accounting practices, and the role of AI in the profession. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Lendflow - http://accountingpodcast.promo/lendflow Bookkeeping Biz Workshops - http://accountingpodcast.promo/bbworkshop Practice Protect - http://accountingpodcast.promo/protect Chapters (00:43) - California Board of Accountancy's New Legislation (04:49) - California Survey Results and Implications (06:50) - Challenges and Opportunities in CPA Licensure (08:34) - California's Legislative Efforts and Broader Impacts (10:41) - AICPA's Response and Pipeline Issues (17:01) - Thank You to Our Sponsor, LiveFlow (18:48) - Major Accounting Firm Merger: CBiz and Marcum (22:51) - Pentagon's Ukraine Accounting Error (25:42) - Intuit's Blog Post on AI Use During Tax Season (27:35) - AI Innovations in Tax Compliance and Document Collection (31:47) - Promoting Accounting as a Career (35:42) - Thank You to Our Sponsor, Lendflow (40:15) - The Appeal of Early Retirement in Accounting (41:27) - Promoting Government Accounting Jobs (42:46) - Listener Mail: Critiques and Suggestions (45:21) - Career Advice for Aspiring Accountants (46:24) - Thank You to Our Sponsor, The Ambitious Bookkeeper (48:05) - The Value of Practical Accounting Education (50:34) - The CGMA Designation (56:47) - Thank You to Our Sponsor, Practice Protect (58:29) - Government Budgeting and Lost Funds (01:02:22) - The Future of the CPA Profession (01:07:29) - Outsourcing and Final Thoughts Show Notes CBA Meeting Recap – July 25 & 26, 2024 https://www.youtube.com/watch?v=jwrHaReBrIY Marcum to be Acquired by CBIZ https://www.latimes.com/b2bpublishing/business-announcements/story/2024-08-01/marcum-to-be-acquired-by-cbiz Pentagon finds another $2 billion of accounting errors for Ukraine aid https://www.reuters.com/world/us/pentagon-finds-another-2-billion-accounting-errors-ukraine-aid-2024-07-25/ How Intuit transformed tax filing experiences for millions of consumers with AI/GenAI this tax season https://www.intuit.com/blog/innovative-thinking/tech-innovation/how-intuit-transformed-tax-filing-experiences/ Avalara Adds Generative Chat to Bolster Support and Product Experiences for Customers and Partners https://newsroom.avalara.com/2024-08-01-Avalara-Adds-Generative-Chat-to-Bolster-Support-and-Product-Experiences-for-Customers-and-Partners ‘I walked away from my $170K job’: This accountant quit at 41 to live off dividends from his $1.25 million portfolio — here's what it would take for you to do the same https://moneywise.com/investing/stocks/accountant-quit-live-off-dividends-portfolio Chartered Accountants - The Accountants - 45" Video https://www.youtube.com/watch?v=hma6ce-KT3I Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Client Hub - https://clienthub.app/ Forwardly - https://www.forwardly.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Aug 2, 2024

Blake and David examine Blake's month-long working vacation in Southern California, and talk benefits of remote work for accountants. They also explore recent surveys on accounting firm satisfaction and the use of AI in tax practices and then delve into the ongoing accountant shortage, its impact on internal controls, and the challenges of recruiting new talent to the profession. Additionally, there's talk about the persistence of paper checks in certain industries and the evolving landscape of accounting firm partnerships. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho Lendflow - http://accountingpodcast.promo/lendflow Genwise - http://accountingpodcast.promo/genwise Chapters (01:14) - How Blake Made His Summer Vacation in Southern California Possible (12:51) - Accountants Are Number 2 Happiest Workers (18:12) - Equity vs Non-Equity Partners at Firms (20:41) - Private Equity in Accounting Firms (24:44) - Thank You to Our Sponsor, LiveFlow (26:03) - Engaging the Next Generation of Accountants (28:59) - The Accountant Shortage and Its Impact on Capital Markets (32:08) - The Persistence of Paper Checks in a Digital World (33:48) - Generative AI in Tax Preparation: A Divided Opinion (36:09) - AI's Role in Accounting and the Future of the Profession (41:13) - Thank You to Our Sponsor, Zoho (44:56) - Thank You to Our Sponsor, Lendflow (47:43) - Listener Mail: The Big Four Experience Debate (51:04) - Thank You to Our Sponsor, GenWise (52:36) - Final Thoughts and Announcements Show Notes Accountants Among the Happiest Workers in the U.S., New Study Finds https://www.cpapracticeadvisor.com/2024/07/22/accountants-among-the-happiest-workers-in-the-u-s-study-finds/108298/ Number of the Day: $839,687 https://www.cpapracticeadvisor.com/2024/07/22/number-of-the-day-839687/108273/ New York State Society of CPAs https://www.nysscpa.org/ The Accountant Shortage Highlights How Critical Accounting Is to Capital Markets | Smith School https://www.rhsmith.umd.edu/research/accountant-shortage-highlights-how-critical-accounting-capital-markets Why Paper Checks Refuse to Die - The New York Times https://www.nytimes.com/2024/07/24/business/paper-check-payment-fraud-scam.html Tax practitioners both excited and concerned about gen AI says Thomson Reuters | Accounting Today https://www.accountingtoday.com/news/tax-practitioners-both-excited-and-concerned-about-gen-ai-says-thomson-reuters Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jul 26, 2024

Blake and David Leary dive into several hot topics in the accounting world including the IRS's renewed focus on enforcement, targeting high-income individuals and non-filers, as well as the push to regulate non-credentialed tax preparers. They also explore the ongoing US CPA shortage and discuss potential solutions, including changes to education and recruitment strategies. Moving on, there's talk about emerging threats to traditional accounting software from industry-specific solutions like Clio's new accounting package for law firms. All this and more, right here, right now! Sponsors Relay - http://accountingpodcast.promo/relay Zoho - http://accountingpodcast.promo/zoho Makers Hub - http://accountingpodcast.promo/makershub Lendflow - http://accountingpodcast.promo/lendflow Chapters (01:00) - Global IT Outage Chaos (02:48) - Guess the Company Game (05:04) - Accounting Salaries and Compensation (14:47) - PwC Cutting Chinese Partners Pay by 50% (16:24) - Relay: The Ultimate Banking Solution (18:50) - Payday Advance Apps Under Scrutiny (21:40) - Trump's Tax Plan and Tariffs (29:03) - Community Engagement and Election 2024 (29:48) - Zoho Practice Management Overview (31:34) - IRS Enforcement and Tax Resolution Opportunities (39:40) - Regulating Non-Credentialed Tax Preparers (43:09) - Corporate Tax Rates and Economic Impact (48:49) - Thank you to MakersHub (50:45) - Clio Accounting and Legal Software Innovations (53:41) - Addressing the Accountant Shortage (01:02:31) - Thanks for Listening and Remember to Earn Your Free CPE Show Notes July 19, 2024, global tech outage news https://www.cnn.com/business/live-news/global-outage-intl-hnk/index.html AICPA & CIMA Achieves Global Recognition as a Great Place To Work https://www.aicpa-cima.com/news/article/aicpa-and-cima-achieves-global-recognition-as-a-great-place-to-work Just How Much Have Accounting Salaries Increased in the Last Five Years? https://www.goingconcern.com/just-how-much-have-accounting-salaries-increased-in-the-last-five-years/ You Need to Make Six Figures to Buy a Home in Almost Half of the U.S. https://www.cpapracticeadvisor.com/2024/04/04/you-need-to-make-six-figures-to-buy-a-house-in-almost-half-of-america/103541/ Number of the Day: $5.7 Billion - CPA Practice Advisor https://www.cpapracticeadvisor.com/2024/06/24/number-of-the-day-5-7-billion/107099/ I.R.S. Crackdown on Delinquent Millionaires Yields $1 Billion - The New York Times https://www.nytimes.com/2024/07/11/business/irs-crackdown-wealthy-taxpayers.html The IRS Tidal Wave Is Here - CPA Trendlines https://cpatrendlines.com/2024/07/07/the-irs-tidal-wave-is-here/ Tax pros: IRS improving, but getting the right answer takes too long https://www.journalofaccountancy.com/news/2024/jul/tax-pros-irs-improving-but-getting-right-answer-takes-too-long.html IRS advisory committee recommends regulating tax preparers | Accounting Today https://www.accountingtoday.com/news/irs-advisory-committee-recommends-regulating-tax-preparers Corporate Tax Rate Spurs Political Fight With More Than $1 Trillion at Stake - WSJ https://www.wsj.com/politics/policy/corporate-tax-rate-election-53de5180?st=o43aay9xscjk9wt Ohio's shortage of certified accountants is part of a national trend https://www.10tv.com/article/news/local/ohio-shortage-of-cpas-part-of-national-trend/530-172bf0d5-0f6a-4037-817f-2a6ae4e12dbf Accountants sound the alarm over high-income residents leaving Massachusetts – New Bedford Guide https://www.newbedfordguide.com/accountants-sound-the-alarm-over-high-income-residents-leaving-massachusetts/2024/06/20 Trump floats tariff hikes to offset income tax cuts https://www.accountingtoday.com/articles/trump-floats-tariff-hikes-to-offset-income-tax-cuts The Accountant Shortage Highlights How Critical Accounting Is to Capital Markets | Smith School https://www.rhsmith.umd.edu/research/accountant-shortage-highlights-how-critical-accounting-capital-markets #stitch with @Shanna Morris | accounting major | TikTok https://www.tiktok.com/@nycoleemccrary/video/7361440633531174186?_r=1&_t=8m1nZEORWQh Best Song Ever??? https://www.tiktok.com/@thesavbananas/video/7366410624856837422?lang=en Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchas...

Jul 17, 2024

In light of recent events, Blake and David examine assassination attempts on US presidents, providing historical context. They move on to Intuit's recent layoffs, critiquing the company's communication strategy and exploring potential AI improvements for such announcements, and then shift to the Synapse bankruptcy, its impact on fintech users, and evolving regulatory scrutiny. Finally, Blake and David dig into AICPA CEO Barry Melancon's defense of the 150-hour CPA requirement, questioning its effectiveness and impact on the accounting profession. Sponsors OnPay - http://accountingpodcast.promo/onpay RightRev - http://accountingpodcast.promo/rightrev MakersHub - http://accountingpodcast.promo/makershub Lendflow - http://accountingpodcast.promo/lendflow Chapters (01:12) - Assassination Attempt on President Trump (02:05) - Historical Context of Presidential Assassinations (06:38) - Intuit Layoffs and AI Transition (11:20) - Analyzing Intuit's Communication Strategy (21:41) - Listener Mail and CPA Exam Tips (27:51) - Intuit's Overtime Wage Issue (30:48) - CPA Licensure Flexibility (32:02) - Ohio's Alternative Pathway to CPA (34:04) - Listener Mailbag: Emma's Dilemma (40:29) - Listener Mailbag: Walda's Insight (45:45) - Synapse Bankruptcy Update (53:05) - Barry Melancon's Retirement and Legacy (01:05:11) - Join the Earmark Community Show Notes Intuit Marketing in the UK pays for commercial/short film of human like talking dogs burying invoices/bills https://directorslibrary.com/07/2024/latest/campaigns/dogs-intuit-quickbooks/ Bookkeeping Firm Digits Buys Accounting Platform Basis Finance https://www.pymnts.com/acquisitions/2024/bookkeeping-firm-digits-buys-accounting-platform-basis-finance/ Assassination attempts on US presidents: https://www.perplexity.ai/search/how-many-assassination-attempt-nb5YvFGbShm0oSRKqi3Ukw Synapse’s collapse has frozen nearly $160M from fintech users — here’s how it happened https://techcrunch.com/2024/07/14/synapses-collapse-has-frozen-nearly-160m-from-fintech-users-heres-how-it-happened/ Evolve Bank & Trust Statement on Synapse Bankruptcy https://www.getevolved.com/about/news/evolve-bank-trust-statement-on-synapse-bankruptcy/ Banking With Third-Party Apps https://www.fdic.gov/resources/consumers/consumer-news/2024-06.html Fintech nightmare: ‘I have nearly $38,000 tied up’ after Synapse bankruptcy https://www.cnbc.com/2024/05/22/synapse-bankruptcy-customer-funds.html AT Think Ask what you can do for your profession https://www.accountingtoday.com/opinion/ask-what-you-can-do-for-the-accounting-profession Accounting Leader Calls for CPA Training to Evolve https://news.bloombergtax.com/financial-accounting/accounting-leader-calls-for-cpa-training-to-evolve-podcast Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jul 9, 2024

Today, Blake and David explore how artificial intelligence is reshaping accounting, discussing its potential to handle 70% of information-based tasks and impact workflows like data collection, reconciliation, and client services. They criticize the current theoretical approach to accounting education, advocating for more practical, hands-on learning experiences. They also dig into the ongoing 150-hour rule debate, examining recent state board initiatives for alternative CPA pathways and concerns about the accounting talent pipeline. Blake and David tackle the recent Evolve cybersecurity breach and its implications for fintech companies and move on to listener feedback and questions. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Relay - http://accountingpodcast.promo/relay MakersHub - http://accountingpodcast.promo/makershub Genwise - http://accountingpodcast.promo/genwise Chapters (02:40) - Vacation Plans and Quiet Vacationing (07:45) - Generative AI in Accounting (10:37) - Challenges and Opportunities in AI Adoption (18:38) - CPA Firm Dynamics and Partner Retirement (28:58) - Survey Insights and Alternative Pathways to CPA (33:05) - Arkansaw State Board of Accountancy Pursuing Alternative Pathways to CPA (34:19) - Blake and David Look at the California CPA License Survey (37:29) - Addressing Concerns About CPA Mobility (38:10) - Survey Reflections and Critique (42:38) - Listener Mail: Nebraska's CPA Changes (43:55) - The Practicality of Accounting Education (01:00:38) - Evolve Bank Cyber Attack (01:06:35) - Closing Thoughts and 4th of July Message Show Notes Millennials call it ‘quiet vacationing,’ but it’s really remote work gone wrong—and it’s CEOs’ worst nightmare https://fortune.com/2024/05/23/quiet-vacation-millennials-gen-z-harris-poll-remote-work Death, Taxes, and AI: How Generative AI Will Change Accounting https://a16z.com/generative-ai-in-accounting/ Tech lag named top risk for accountants in 2024 Intuit QuickBooks survey https://quickbooks.intuit.com/r/news/accountant-tech-survey-results/ Finding Qualified Staff Is the Top Issue Facing Most CPA Firms In 2024 https://www.cpapracticeadvisor.com/2024/06/07/finding-qualified-staff-is-the-top-issue-facing-most-cpa-firms-in-2024/106519/ Help! A Partner Wants to Retire Early https://cpatrendlines.com/2024/04/24/help-a-partner-wants-to-retire-really-early/ Arkansas State Board of Public Accountancy – Proposed Rule Changes https://www.labor.arkansas.gov/licensing/state-board-of-public-accountancy/proposed-rule-changes/ California Board of Accountancy https://www.dca.ca.gov/cba/ California Board of Accountancy’s LinkedIn Post on CPA Next Survey https://www.linkedin.com/posts/cbanews_we-want-to-hear-from-you-this-weekend-is-activity-7212584294232285184-25sa CPA Candidates Approved To Sit At 120 Hours Starting 1/1/2025 https://nebraska-cpa.thenewslinkgroup.org/cpa-candidates-approved-to-sit-at-120-hours-starting-1-1-2025/ Evolve Hit With Fed Enforcement Action, But Why Did It Take This Long? https://substack.com/home/post/p-145886596 Cybersecurity Incident https://www.getevolved.com/about/news/cybersecurity-incident/ Yieldstreet says some of its customers were affected by the Evolve Bank data breach https://techcrunch.com/2024/07/02/yieldstreet-says-some-of-its-customers-were-affected-by-the-evolve-bank-data-breach/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcas...

Jul 2, 2024

Blake and David explore the intersection of AI, remote work, and accounting technology. They take a look at the phenomenon of "mouse jiggling," examine various AI tools reshaping the accounting industry, and analyze a survey showing widespread adoption of AI in the workplace. There's also a review of different AI chatbots, highlights on new AI-powered accounting startups, and a brief look at the U.S. government's online passport renewal system. This wide-ranging conversation offers valuable insights into the evolving landscape of work and technology in the digital age. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow RightRev - http://accountingpodcast.promo/rightrev Makers Hub - http://accountingpodcast.promo/makershub Genwise - http://accountingpodcast.promo/genwise Chapters (01:14) - Mouse Jiggling Scandal at Wells Fargo (05:28) - Pig Butchering Scams and Synapse Bankruptcy (09:20) - Return to Office Mandates and Employee Turnover (12:55) - AI Tools in Accounting: Zapier Central Demo (18:18) - Impact of AI on Freelance Jobs (21:49) - Private Equity and Audit Board Acquisition (26:05) - AI Co-Pilot for Accounting Firms: Materia Raises $6.3 Million (30:04) - Technology Maturity and Firm Revenue (36:10) - AI Adoption in the Workplace (38:15) - AI Tools Revolutionizing Financial Reporting (40:42) - The Rise of Chatbots: A Wall Street Journal Analysis (42:08) - Comparing Chatbot Performance Across Different Tasks (51:28) - The Future of AI in Accounting Firms (01:00:57) - Innovations in Government Services (01:03:23) - Wrap-Up and Announcements Show Notes Meet Zapier Central's Chrome extension: Work with your personal AI bots anywhere https://zapier.com/blog/zapier-central-chrome-extension/ The Great AI Challenge: We Test Five Top Bots on Useful, Everyday Skills https://www.wsj.com/tech/personal-tech/ai-chatbots-chatgpt-gemini-copilot-perplexity-claude-f9e40d26 Numeric secures $10m in Seed funding to revolutionise accounting automation https://fintech.global/2024/05/08/numeric-secures-10m-in-seed-funding-to-revolutionise-accounting-automation/ Finaloop secures $35 Million in Series A https://www.finextra.com/pressarticle/101198/finaloop-secures-35-million-in-series-a June 2024 Update: Beta Release of an Online Passport Renewal System https://travel.state.gov/content/travel/en/passports/have-passport/renew-online.html California Board of Accountancy CPANext Survey https://www.linkedin.com/posts/cbanews_we-want-to-hear-from-you-this-weekend-is-activity-7212584294232285184-25sa Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jul 2, 2024

Kwame Agyei, founder and CEO of Appoynt, joins Blake and David to discuss the benefits of outsourcing specific business functions like accounts receivable management. Kwame shares his unique journey from accountant to entrepreneur and offers practical advice on effectively leveraging virtual assistants while addressing common concerns around security and building trust. Meet Our Guest, Kwame Agyei LinkedIn: https://www.linkedin.com/in/kwame-agyei-b3ab1333/ Learn more about Appoynt Website: http://www.appoynt.co.uk/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jun 26, 2024

Adam Zaki of CFO.com joins Blake and David to explore the trends reshaping the industry, from AI to the talent shortage. They dive into the murky waters of corporate financial controls and audit practices. They also examine what makes a truly effective CFO in today's dynamic business environment and why authenticity might be the most valuable trait in a leader's toolkit. Get an insider's perspective on the 150-hour CPA licensing requirement and hear ideas for reform that could revolutionize the profession. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas RightRev - http://accountingpodcast.promo/rightrev Makers Hub - http://accountingpodcast.promo/makershub Chapters (01:18) - AI Trends in Finance (02:42) - Adoption and Challenges of AI (09:34) - Talent Shortage in Finance (13:33) - Gen Z in the Finance Profession (20:36) - Real Consequences of The Breakdown of Financial Controls (30:03) - AT&T is Bypassing Big 4 Recruitment & Blake's Career Path (31:45) - Q&A Session Begins (32:22) - Would You Trade Your Job for a CFO Role? (33:23) - Work-Life Balance in Accounting (35:10) - Other Ways We Can Attract Talent to The Accounting Profession (39:21) - Challenges in the Accounting Profession (50:06) - Mentorship and Leadership in Accounting (57:22) - Closing Remarks and Future Guests Show Notes Follow Adam’s stories on CFO.com: https://www.cfo.com/editors/azaki/ 75% of employees use AI at work: report | CFO San Francisco 49ers, MLB Star Shohei Ohtani Wrestle With Poor Financial Controls 34% of KPMG tax, audit and advisory interns plan to stay 5 years at first job: report | CFO Gen Z Pivots from Accounting, Pursues Creative Freedom and Entrepreneurship | CFO No Gimmicks, Just Authenticity: How To Attract Gen-Z Talent | CFO Peacocking, newskilling and digital detox: 9 new workplace trends CFOs must know | CFO Senior Leaders Nearly Twice as Likely To Receive AI Resources as Junior Staff | CFO Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jun 20, 2024

Sponsors LiveFlow - http://accountingpodcast.promo/liveflow RightRev - http://accountingpodcast.promo/rightrev Makers Hub - http://accountingpodcast.promo/makershub Chapters (00:38) - Blake's Conference Adventures (03:13) - AI and the Future of Auditing (05:16) - Insights from the IMA Conference (10:00) - The AI Tipping Point (14:48) - Microsoft Announces Delay of Their Ai Recall Tool (21:33) - AI in Financial Statement Analysis (34:12) - Community and Future Plans (38:08) - Synapse Bankruptcy and What It Means for FinTech Banks (49:50) - PwC and OpenAI Partnership (51:39) - EY Is Spending $1 Billion on Something (53:48) - Big Four Compensation Insights (57:16) - Fake News on Stimulus Checks (01:00:52) - Listener Mail and Advice for Starting a Firm (01:07:27) - Wrap-up and Announcements Show Notes Study: ChatGPT Better at Financial Statement Analysis Than Humans https://nysscpa.org/news/publications/the-trusted-professional/article/study-chatgpt-better-at-financial-statement-analysis-than-humans-060524 PwC to resell ChatGPT Enterprise https://www.accountingtoday.com/news/pwc-to-become-first-official-reseller-for-openai-for-openais-chatgpt-enterprise EY US to invest $1 billion in compensation and technology to improve the attractiveness of the accounting profession https://www.ey.com/en_us/newsroom/2024/06/ey-us-to-invest-1-billion-in-compensation-and-technology Change is in the air: And it is helpful. https://www.orcpa.org/news/13ff8628-9c17-43b1-858a-148af698c818:change-is-in-the-air-and-it-is-helpful Potential deposit shortfall in Synapse bankruptcy falls in regulatory grey area https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/potential-deposit-shortfall-in-synapse-bankruptcy-falls-in-regulatory-grey-area-82041848 Apple brings ChatGPT to Siri as it debuts ‘Apple Intelligence’ at WWDC 2024 https://www.theguardian.com/technology/article/2024/jun/10/apple-ai-product-launch How does Sam's Club AI work? https://www.statesman.com/story/news/state/2024/05/02/sams-club-ai-check-receipt-exit-stores-texas-locations/73526045007/ How fake stories about IRS stimulus checks took over the internet https://www.fastcompany.com/91138837/fake-stories-irs-stimulus-checks-flood-internet-google-news Fact Check: Is The IRS Really Giving An $8700 Stimulus Check? https://finance.yahoo.com/news/fact-check-irs-really-giving-192246766.html Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jun 17, 2024

Discover the compelling advantages of nearshoring your accounting and finance functions to Argentina. In this episode, Nicolás Villafañe, partner at South Offices, shares his insider perspective on why Argentina is a top destination for accessing skilled talent while enjoying significant cost savings compared to hiring in the US. Learn how Argentina's timezone alignment, cultural affinity, and highly qualified pool of licensed CPAs can provide your business with a seamless experience as if you were hiring remote employees. Nicolás also shares a case study of how his firm has partnered with a US client to build a successful, integrated team. If you've been considering nearshoring options, this episode is packed with valuable insights to help you evaluate your choices and unlock the benefits for your business. Tune in now to explore the power of nearshoring! Meet Our Guest, Nicolás Villafañe LinkedIn: https://www.linkedin.com/in/nicolasvillafane/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jun 13, 2024

Blake and David get brutally honest about why pricey accounting conferences are a no-go and how the industry sidelines neurodivergent professionals. You'll also get a rundown of the rebranded Intuit Connect event's new direction, the political firestorm around IRS Direct File, and a Google Sheets update that will blow your mind. From the mailbag, don't miss one reader's incredible story of passing the CPA exam in record time and our take on why firms need to rethink degree requirements. Plus, we offer real-talk advice for starting your own bookkeeping biz and take shots at the infamous 150-hour rule. Sponsors OnPay - http://accountingpodcast.promo/onpay Relay - http://accountingpodcast.promo/relay Makers Hub - http://accountingpodcast.promo/makershub Chapters (01:02) - David Has FOMO (03:50) - The Cost of AICPA Engage (07:11) - ADHD and Conferences (16:39) - Community Engagement and Comments (21:23) - Intuit Connect Announcement & Going After the Mid-Market (28:54) - Future of Accounting with AI (32:59) - AI Agents Replacing Human Labor (34:07) - Preparing for a Future in Accounting (35:06) - The Value of Practical Experience (36:52) - Listener Feedback and Community Engagement (39:14) - Intuit and IRS Direct File Controversy (48:20) - Google Sheets' New Conditional Notifications (51:11) - Listener Mailbag: Unique Paths to CPA (55:28) - Earning Your Accounting Degree Quick! (59:13) - The Debate on College Degrees and Signaling (01:04:29) - Closing Remarks and Thanks for Listening Show Notes House GOP proposes IRS funding cuts, defunding free tax filing ... Intuit Connect 2024 - Formerly QuickBooks Connect Google Sheets’ new ‘conditional notifications’ easily keep track of small changes - The Verge Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jun 7, 2024

Anthony Venette, Director of Business Valuation and Advisory Services at DeJoy & Co., joins Blake to discuss his unconventional career path and the world of business valuation. Anthony shares his journey from audit to tax and eventually to valuation, highlighting the importance of soft skills and effective communication in advisory roles. He also provides valuable insights into the day-to-day life of a valuation professional and offers advice for young CPAs interested in pursuing this career path. Meet Our Guest, Anthony Venette LinkedIn: https://www.linkedin.com/in/anthonyvenettecpaabv/ Learn more about DeJoy & Co. https://www.teamdejoy.com/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jun 3, 2024

Blake and David delve into the accounting and bookkeeping aspects of Donald Trump's recent guilty verdict in New York. They discuss the charges related to falsifying business records and hush money payments and explore the potential implications for Trump's businesses and campaign. Their conversation also touches on the current state of AI in accounting, the retirement of AICPA president Barry Melancon, and the challenges facing the profession in attracting new talent. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho Blue Onion - http://accountingpodcast.promo/blueonion Bean - http://accountingpodcast.promo/bean Chapters (01:10) - Breaking Down Trump's Guilty Verdict (02:56) - Analyzing the Charges (04:52) - Legal Implications and Campaign Finance (07:54) - Trump's Bookkeeping and Legal Strategies (10:01) - Asking ChatGPT How This Entry Should Have Been Coded (17:14) - Commercial Real Estate and Trump's Properties (24:50) - Puzzle Accounting and AI Automation (29:15) - Rose Financial's EASBY adds AI (33:23) - Challenges in AI Categorization (34:07) - Human Oversight in AI Accounting (35:38) - Digits' AI Performance and Market Comparison (39:10) - Live Listener Question: Career Path in Accounting (42:28) - University of Scranton Brags About Number of Accounting Papers They've Published (43:00) - AICPA's Future as President Barry Melancon Announces Retirement (52:32) - App Review: Rose AI-Powered Spreadsheet (54:34) - Watch Our TurboTax Business Assisted 2024 Review and Listen to the Best Metrics Podcast (57:07) - Earn CPE For Listening To Our Podcast Show Notes "Who's the victim of Trump's Bookkeeping?" Washington Examiner https://www.washingtonexaminer.com/daily-memo/3014100/who-is-the-victim-of-trumps-bookkeeping/ Trump May Owe $100 Million From Double-Dip Tax Breaks, Audit Shows https://www.nytimes.com/2024/05/11/us/trump-taxes-audit-chicago.html The Office-Market Meltdown Comes for Trump’s Prized Wall Street Building https://www.wsj.com/real-estate/commercial/the-office-market-meltdown-comes-for-trumps-prized-wall-street-building-31b3a667 Profession Leader Humbly Requests You STFU About Long Hours, Busy Season, and Stress https://www.goingconcern.com/profession-leader-humbly-requests-you-stfu-about-long-hours-busy-season-and-stress/ New AICPA chair: ‘We need to promote the cool work we do’ https://www.journalofaccountancy.com/issues/2024/jun/new-aicpa-chair-we-need-to-promote-the-cool-work-we-do.html Rose Financial Solutions Sets Goal to Automate 85% of Finance and Accounting Activities by 2030 https://www.prnewswire.com/news-releases/rose-financial-solutions-sets-goal-to-automate-85-of-finance-and-accounting-activities-by-2030-302145576.html TAP: TurboTax Business Assisted Review 2024 (for Tax Year 2023) https://www.youtube.com/watch?v=zaaMIV1lyns Check out Best Metrics here: https://bestmetrics.transistor.fm/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

May 31, 2024

Dr. Mfon Akpan, Assistant Professor of Accounting at Methodist University joins Blake and David for a conversation on the impact of AI on accounting education, the challenges faced by accounting graduates entering the workforce, and the future of the CPA profession. Dr. Akpan shares his insights on incorporating AI into the classroom and the importance of lifelong learning in the rapidly evolving world of technology. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas Keeper - http://accountingpodcast.promo/keeper Bean - http://accountingpodcast.promo/bean Chapters (01:43) - AI in Accounting Education (02:49) - Prompting Techniques for AI (04:36) - Practical Applications of AI in Accounting (05:52) - Challenges and Benefits of AI in Education (07:00) - Incorporating AI into Accounting Curriculum (15:07) - Debate on Accounting Education and Skills Gap (23:51) - The 5th-Year Requirement for CPAs (35:01) - The Value of Personal Interaction in Education (35:42) - The Importance of Smaller Class Sizes (37:33) - The Role of AI in Education (41:29) - Improving Salaries in the Accounting Profession (43:09) - The Impact of Technology on Accounting Jobs (43:55) - Balancing Work and Life in Accounting (56:26) - The Future of Accounting Education (01:00:27) - Embracing AI in Accounting (01:03:30) - Final Thoughts and Conclusion Meet our Guest, Dr. Mfon Akpan Website: https://mfonakpan.com/ LinkedIn: https://www.linkedin.com/in/drmfonakpan/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

May 24, 2024

Blake and David dig into reports from the Illinois CPA Society and National Pipeline Advisory Group highlighting issues like long work hours, the 150-hour rule, and low starting salaries. They examine the potential disruption of traditional accounting software by startups and vertical SaaS companies offering embedded accounting functionality and review some of the CPA Practice Advisor Readers' Choice Awards. Wrapping things up, they highlight the health risks of long working hours, and discuss the need for better work-life balance in accounting firms, based on a recent WHO report. Sponsors OnPay - http://accountingpodcast.promo/onpay Cloud Accountant Staffing - http://accountingpodcast.promo/cas Keeper - http://accountingpodcast.promo/keeper Blue Onion - http://accountingpodcast.promo/blueonion Chapters (01:44) - Does QuickBooks have some new competition? (07:05) - Layer wants to be a GL service (10:08) - Lili's place in the marketspace (13:26) - The role of accountants in software success (16:28) - CPA Practice Advisor's 2024 Reader Choice Awards (18:53) - Illinois CPA Society survey results (25:31) - WHO publishes estimates on health costs from working long hours (30:02) - The long-awaited NPAG Impact Report was released! (33:11) - Identifying pipeline problems (35:06) - Reasons students don't choose accounting majors (49:45) - Final points from report (53:31) - Blake's theory on why accounting starting salaries are low (01:00:15) - Thanks for listening and remember to subscribe Show Notes Teal Announces $8M Seed Investment to Drive Next-Gen Accounting Products for Vertical SaaS https://www.businesswire.com/news/home/20240520567117/en/Teal-Announces-8M-Seed-Investment-to-Drive-Next-Gen-Accounting-Products-for-Vertical-SaaS Embedded accounting startup Layer secures $2.3M toward goal of replacing QuickBooks https://techcrunch.com/2024/05/15/embedded-accounting-layer-2-3m-quickbooks/?guccounter=1 Illinois CPA Society Releases Updated CPA Pipeline Report https://www.icpas.org/about-us/press/press-release-details/2024/05/16/illinois-cpa-society-releases-updated-cpa-pipeline-report National Pipeline Advisory Group releases draft strategy report https://www.accountingpipeline.org/draft-report/ Embedded accounting startup Layer secures $2.3M toward goal of replacing Quickbooks | TechCrunch https://techcrunch.com/2024/05/15/embedded-accounting-layer-2-3m-quickbooks/ The Best Tech for Accounting Firms: CPAs Voted for Readers Choice Tech Awards https://www.cpapracticeadvisor.com/2024/05/15/2024-cpa-practice-advisor-readers-choice-award-winners-announced/105089/ Lili Launches New Accountant AI for Small Business Financial Management https://www.cpapracticeadvisor.com/2024/05/16/lili-launches-new-accountant-ai-for-small-business-financial-management/105520/ Embedded accounting startup Layer secures $2.3M toward goal of replacing QuickBooks https://techcrunch.com/2024/05/15/embedded-accounting-layer-2-3m-quickbooks/ Kabbage Inc. Settles Allegations of PPP Fraud https://smallbiztrends.com/?p=1487492 US accounting group bows to calls for faster path for recruits https://www.ft.com/content/b6562303-cfda-4c6e-bb7b-8fe6e092bb01 National Pipeline Advisory Group releases draft strategy report - National Pipeline Advisory Group https://www.accountingpipeline.org/draft-report/ Bench and Shopify alumni announce $11M CAD to build “the Stripe for accounting” with Teal - BetaKit https://betakit.com/bench-and-shopify-alumni-announce-11-million-cad-to-build-the-stripe-for-accounting-with-teal/ Embedded accounting startup Teal raises $8M seed https://www.axios.com/pro/fintech-deals/2024/05/20/embedded-accounting-teal-8-million-seed The Indicator from Planet Money : NPR https://www.npr.org/2024/05/17/1197964709/trade-wars-and-talent-shortages Canadian fintech Teal raises $8M to build ‘Stripe for accounting’ https://techfundingnews.com/canadian-fintech-teal-raises-8m-to-build-stripe-for-accounting/ Kabbage to pay $120M in PPP fraud settlements with DOJ https://www.bankingdive.com/news/kabbage-pay-120-million-ppp-fraud-doj-small-business-loan-pandemic/716053/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or

May 17, 2024

This week, Blake and David are puzzled by the results of a survey that shows 40% of tax professionals believe generative AI will allow them to charge clients higher rates. They also cover the sham audit firm BF Borgers and question why the firm's CPA is still licensed despite SEC charges. Blake demonstrates how he uses Zapier Central to build an AI agent that can automatically respond to client emails about the status of their tax returns. Wrapping up, they examine Digits' $35 million raise and pivot to bill pay, and Xero's new filtering functionality for bank reconciliations. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Cloud Accountant Staffing - http://accountingpodcast.promo/cas Keeper - http://accountingpodcast.promo/keeper Blue Onion - http://accountingpodcast.promo/blueonion Chapters (00:53) - Generative AI's Impact on Pricing (05:39) - The Curious Case of BF Borgers and Sham Audits (08:19) - The Slow Response of Regulatory Bodies to Fraud (18:07) - NASBA Hires New President (19:24) - NASBA and the CPA Exam: A Call for Modernization (28:16) - The Trump Stormy Daniels NY Trial (35:19) - Rudy Giuliani's Financial Woes: A Deep Dive (38:18) - Building AI Agents with Zapier Central: A How-To Guide (39:38) - AI Tools for Productivity: Insights from ClickUp (40:41) - The Power of AI in Automating Client Communication (48:04) - The Big Money in AI-Powered Practice Management (53:54) - Bill Pay Innovations and Market Dynamics (55:12) - Xero's New Features and Bank Feed Improvements (58:58) - The Real Value of Dashboards in Business Management (01:04:10) - Closing Remarks and Future Events Show Notes Rudy Giuliani Forced to Learn Accounting After Bankruptcy Beancounter Bails https://www.thedailybeast.com/rudy-giuliani-forced-to-learn-accounting-after-bankruptcy-beancounter-bails Stormy Daniels payment puts focus on Trump and check-writing as trial testimony resumes https://www.nbcnews.com/politics/donald-trump/former-white-house-executive-assistant-stand-trump-trial-dramatic-stor-rcna151578 Trump Accountant on His Stormy Daniels Coverup Notes: ‘I Made a Boo-Boo’ https://www.yahoo.com/news/trump-accountant-stormy-daniels-coverup-152934446.html Trump Accountant Exposes Checks to Michael Cohen in Damning Testimony https://newrepublic.com/post/181344/trump-accountant-checks-signed-michael-cohen-hush-money-trial What’s new in Xero — May 2024 - Xero Blog https://blog.xero.com/product-updates/whats-new-in-xero-may-2024/ End of Trump Media’s Auditor Jolts Hundreds of Other Companies https://news.bloombergtax.com/financial-accounting/end-of-trump-medias-auditor-jolts-hundreds-of-other-companies Trump Media hires new auditor after previous accounting firm charged with 'massive fraud' https://www.cnbc.com/2024/05/06/trump-media-hires-new-auditor-after-accounting-firm-charged-with-fraud.html Digits Launches AI Bill Pay for Small Businesses https://www.pymnts.com/news/b2b-payments/2024/digits-launches-ai-bill-pay-for-small-businesses/ Countsy Debuts Platform to Streamline Back-Office Management https://www.pymnts.com/back-office/2024/countsy-debuts-platform-to-streamline-back-office-management/ Why we’re calling 2024 ‘the year of the US bank feed’ https://blog.xero.com/product-updates/year-of-the-us-bank-feed/ Let's Meet NASBA's Next President and CEO https://www.goingconcern.com/lets-meet-nasbas-next-president-and-ceo/ Digits Launches AI Bill Pay for Small Businesses https://www.pymnts.com/news/b2b-payments/2024/digits-launches-ai-bill-pay-for-small-businesses/ Digits AI Bill Pay -- The World's First AI Bill Pay, Built Specifically For Startups https://www.prnewswire.com/news-releases/digits-ai-bill-pay--the-worlds-first-ai-bill-pay-built-specifically-for-startups-302131944.html Imagine the Chaos If the PCAOB Starts Naming and Shaming Audit Deficiency Clients https://www.goingconcern.com/imagine-the-chaos-if-the-pcaob-starts-naming-and-shaming-audit-deficiency-clients/ 'Nobody seems interested' in helping Giuliani with accounting in bankruptcy case, lawyers claim https://thehill.com/video/%e2%80%98nobody-seems-interested%e2%80%99-in-helping-giuliani-with-accounting-in-bankruptcy-case-lawyers-claim/9675968/ Canopy Secures $35 Million in Funding to Enhance AI-Powered Practice Management for Accounting Firms https://www.einnews.com/pr_news/709723429/canopy-secures-35-million-in-funding-to-enhance-ai-powered-practice-management-for-accounting-firms Trump Media Replaces Its Accounting Firm BF Borgers With Semple, Marchal & Cooper https://www.fxleaders.com/news/2024/05/06/trump-media-replaces-its-accounting-firm-bf-borgers-with-semple-marchal-cooper/ Trump Org. accounting system was de...

May 13, 2024

Cody Turley, CPA and Certified Fraud Examiner, joins Blake and David to discuss his SEC career path, describing what it's like to investigate securities law violations. He emphasizes that while Big Four experience is valuable, it's not the only way to have a successful and meaningful accounting career. Cody shares insights into the benefits of working in government accounting roles, including greater responsibility early on, work-life balance, and the ability to transition to public accounting or industry later if desired. Meet Our Guest, Cody Turley LinkedIn : https://www.linkedin.com/in/cody-turley-cpa-cff-cfe-776254122/ Learn about SEC internship opportunities: https://www.sec.gov/pathways-internship-program Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

May 9, 2024

The SEC charged Trump's audit firm with a massive fraud – 1,500 fake filings over 2.5 years! Plus, hundreds of small US banks are at risk due to commercial real estate loan exposure. We're also talking about the potential of AI tools like Claude and ChatGPT to automate various accounting and business tasks, the controversial Corporate Transparency Act's beneficial ownership reporting requirements, and the possibility of its repeal. We wrap with fintech and crypto news, including Mercury Bank's rapid growth and potential regulatory issues. Sponsors Zoho - http://accountingpodcast.promo/zoho Relay - http://accountingpodcast.promo/relay Keeper - http://accountingpodcast.promo/keeper Harbor Compliance - http://accountingpodcast.promo/harbor Chapters (09:04) - Anthropic launches Claude for teams (11:12) - More LLM models pass CPA exam (18:28) - Blake demonstrates AI's abiity to help with emails (32:56) - 28 AI prompts for small businesses (36:39) - Oregon Senator going after TurboTax to issue refunds to Oregonians (38:44) - The possibility of a regional banking crisis (48:12) - The Corporate Transparency Act might be repealed (54:15) - Tether claims they can't find a Big 4 firm to audit them (56:54) - Mecurity Bank being looked at by FDIC (01:02:05) - Square to allow users to transfer percent of daily sales to Bitcoin (01:03:26) - Download and sign up for the Earmark app Show Notes Anthropic launches a free Claude iOS app and Team, its first enterprise plan | ZDNET https://www.zdnet.com/article/anthropic-launches-a-free-claude-ios-app-and-team-its-first-enterprise-plan/ SEC.gov | SEC Charges Audit Firm BF Borgers and Its Owner with Massive Fraud Affecting More Than 1,500 SEC Filings https://www.sec.gov/news/press-release/2024-51 Oregon senator demands refunds for TurboTax customers over glitch | Accounting Today https://www.accountingtoday.com/news/oregon-senator-demands-refunds-for-turbotax-customers-over-glitch Can LLMs Pass the CPA Exam? Evaluating Large Language Model Performance on the Certified Public Accountant Test by Will Zacher, Sanmukh Kuppannagari :: SSRN https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4788096 Sam Altman says helpful agents are poised to become AI’s killer function | MIT Technology Review https://www.technologyreview.com/2024/05/01/1091979/sam-altman-says-helpful-agents-are-poised-to-become-ais-killer-function/ Why hundreds of U.S. banks may be at risk of failure https://www.cnbc.com/2024/05/01/why-hundreds-of-us-banks-may-be-at-risk-of-failure.html Tether CEO Says An Audit By A Big Four Giant Is Our Top Priority https://coingape.com/tether-ceo-says-an-audit-by-a-big-four-giant-is-our-top-priorit terrestrial Block lets Square merchants convert a part of their daily sales to bitcoin https://techcrunch.com/2024/04/24/block-now-lets-square-merchants-convert-a-part-of-their-daily-sales-to-bitcoin/ The 28 best AI prompts for small businesses https://www.sage.com/en-us/blog/the-28-best-ai-prompts-for-small-businesses/ Congress considers how to fix the Corporate Transparency Act https://www.accountingtoday.com/news/congress-considers-how-to-fix-the-corporate-transparency-act Article from www.congress.gov https://www.congress.gov/bill/118th-congress/house-bill/8147/cosponsors Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal https://www.cnbc.com/2024/04/30/binance-founder-changpeng-zhao-cz-sentenced-to-four-months-in-prison-.html Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher:

May 2, 2024

Blake and David examine the latest tax legislation traveling through Congress, including a new bill requiring the IRS to provide detailed explanations for math errors on tax returns. They also discuss the IRS's new direct file program, the banning of non-compete agreements, and the coolest profession around (spoiler alert: it's not accounting). Lastly, they touch on the concerning data breach at BerryDunn and the AICPA's efforts to rebrand the CPA to attract more young people to the field. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho Keeper - http://accountingpodcast.promo/keeper Harbor Compliance - http://accountingpodcast.promo/harbor Chapters (02:40) - New proposed IRS Math Act (05:42) - IRS wraps first season with free file program (09:44) - "The Magician" tax preparer arrested for $100 million tax fraud (15:11) - The future of social security (19:01) - Sam Bankman-Fried makes a deal in civil suit (20:34) - FTC rules noncompetes are unlawful (25:32) - Ryan Tax Firm challenges FTC noncompete ruling (28:04) - QuickBooks Live announcement upsets accountants (41:10) - Anonymous listener says you can work normal hours and still make money (44:31) - Accountant charged with embezzling $800k from CA paving firm (47:39) - Ryanair CEO thinks more accountants should be running airlines (55:25) - Accounting firm sued for data leak (57:22) - CPA "Coolest Profession Around) (01:01:35) - What is "Accounting Plus" (01:06:38) - NASBA offers The Accountancy Licensing Library (01:10:00) - Thanks for listening and remember to subscribe Show Notes Accountant Charged With Embezzling $800,000 From Paving Firm in California - CPA Practice Advisor https://www.cpapracticeadvisor.com/2024/04/25/virginia-accountant-charged-with-embezzling-800000-from-richmond-paving-firm/104508/ Ryan Leads Charge Against Biden’s Ban on Noncompete Clauses - CPA Practice Advisor https://www.cpapracticeadvisor.com/2024/04/26/ryan-leads-charge-against-bidens-ban-on-noncompete-agreements/104537/ Move Over, TurboTax? IRS Considers Expanding Free Tax-Filing Program – WSJ https://www.wsj.com/personal-finance/taxes/irs-considers-expanding-free-tax-filing-program-8f68cc9a?st=0akqqiu2v0gjb8v Boeing Needs Another Accountant As CEO, Says Ryanair CEO – Avweb https://www.avweb.com/aviation-news/boeing-needs-another-accountant-as-ceo-says-ryanair-ceo/ Ultra-Rich Should Pay More Taxes to Save Social Security, Poll Shows - CPA Practice Advisor https://www.cpapracticeadvisor.com/2024/04/25/ultra-rich-should-pay-more-taxes-to-save-social-security-poll-shows/104458/ FTC Bans Noncompete Agreements That Restrict Job Switching – WSJ https://www.wsj.com/politics/policy/ftc-bans-noncompete-clauses-that-restrict-job-switching-984d2187?st=sxhwibcr49evqxc Bronx tax preparer known as "the magician" arrested for $100 million tax fraud | ADN América https://adnamerica.com/en/new-york/bronx-tax-preparer-known-magician-arrested-100-million-tax-fraud With close calls mounting, the FAA will require more rest for air traffic controllers https://www.npr.org/2024/04/22/1246349237/close-calls-faa-air-traffic-control-fatigue New bill would force IRS to explain tax return errors | The Hill https://thehill.com/business/4602429-new-bill-would-force-irs-to-explain-tax-return-errors/ The Accountancy Licensing Library: Your Ultimate Resource for CPA Licensure | NASBA https://nasba.org/blog/2024/04/01/the-accountancy-licensing-library-your-ultimate-resource-for-cpa-licensure/ The cost of doing your taxes are up nearly 10% this year – Marketplace https://www.marketplace.org/2024/03/15/tax-preaparation-costs-up-nearly-10-percent/ Sam Bankman-Fried agrees to help FTX investors in lawsuits against Tom Brady, Larry David https://nypost.com/2024/04/22/business/sam-bankman-fried-agrees-to-help-ftx-investors-in-lawsuits-against-tom-brady-larry-david/ Intuit Hosting 'QuickBooks Live' Webinar https://insightfulaccountant.com/in-the-news/people-and-business/intuit-hosting-quickbooks-live-webinar/ QuickBooks "Live Experts" May Not Be So Bad https://insightfulaccountant.com/accounting-tech/general-ledger/quickbooks-live-experts-may-not-be-so-bad/ Millions more salaried workers will be eligible for overtime pay under final Biden administration rule https://www.cnn.com/2024/04/23/politics/overtime-pay-salaried-workers-biden/index.html Senators introduce bill to simplify IRS notices https://www.accountingtoday.com/news/senators-introduce-bill-to-simplify-irs-notices IRS Says It Saw ‘Strong Response’ From Direct File Pilot Users This Tax Season https://www.cpapracticeadvisor.com/2024/04/26/irs-saw-strong-response-from-direct-file-pilot-users-this-tax-season/104545/ U.S. accounting firm Be...

Apr 26, 2024

Blake Oliver sits down with Brannon Poe of Poe Group Advisors to discuss the differences between traditional and subscription-based virtual accounting firms. Brannon shares his expertise on firm valuation, revealing that factors like cash flow to owner and owner hours play a significant role in determining a firm's value. He also emphasizes the importance of pricing strategies, noting that implementing value pricing and subscription models can dramatically improve a firm's profitability and overall value. Throughout the conversation, Brannon provides valuable insights and real-world examples to help firm owners maximize their firm's value in preparation for a potential sale. Meet Our Guest, Brannon Poe LinkedIn : https://www.linkedin.com/company/poe-group-advisors/ Twitter : https://twitter.com/poegroupadvisor Facebook : https://www.facebook.com/PoeGroupAdvisors/ Instagram : https://www.instagram.com/poegroup/ Learn more about Poe Group Advisors Website: https://poegroupadvisors.com/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd (00:51) - Traditional vs. Subscription Accounting Firms (01:46) - The Value of Virtual Subscription Firms (02:11) - Factors Influencing Firm Valuation (02:37) - The Impact of Location on Valuation (07:19) - Key Metrics for Maximizing Firm Value (12:05) - Firm Valuations: Some Numbers (15:09) - Strategic Decisions for Firm Growth (20:55) - Final Thoughts and Resources for Brannon's Book and Academy Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Apr 25, 2024

Blake and David take a dive into Google's decision to offshore accounting jobs to Mexico and India, which Google’s CFO claims is necessary to free up resources to invest in AI. They also discuss the stagnation of CPA salaries despite a shortage of talent. The conversation touches on a variety of other topics, including the modernization of the IRS, the future of the CPA profession, and advice for young accountants looking to carve their own career paths in a rapidly changing industry. Sponsors Relay - http://accountingpodcast.promo/relay Zoho - http://accountingpodcast.promo/zoho Keeper - http://accountingpodcast.promo/keeper Settle - http://accountingpodcast.promo/settle Chapters (05:53) - Blake reads some tweets about hours people are working during busy season (10:52) - Unlimited PTO is worse for employees (13:22) - College degrees aren't necessary for success (20:24) - Florida creates retired CPA status (23:35) - Listener mail on the 150-hour rule and salaries (29:16) - Update on Boston's commercial real estate woes (33:48) - Why office rent prices are still so high (43:10) - Some encouraging IRS news (48:27) - Internal audit reveals 279 former IRS employees or contractors still had access to logins (52:12) - Offshoring can be good or bad (54:04) - Setting a limit on billable hours (55:50) - Let accounting firms decide what requirements accountants need (58:08) - The rise of the "remote partner" (01:04:00) - Wrap up and Earmark now has a web browser version Show Notes Google restructures finance team as part of AI shift, CFO tells employees in memo https://www.cnbc.com/2024/04/17/google-restructures-finance-team-as-a-part-of-ai-shift-cfo-tells-employees-in-memo.html Josh Youngblood, EA didn’t work over 40 hours per week in tax season https://x.com/joshyoungblood/status/1779858374403747847?s=12 Skills-Based Hiring Can Shred the Paper Ceiling | BCG https://www.bcg.com/capabilities/diversity-inclusion/expert-insights/skill-based-hiring-can-shred-paper-ceiling The Office Market Is in Turmoil. So Why Are Rents More Expensive? – WSJ https://www.wsj.com/real-estate/commercial/the-office-market-is-in-turmoil-so-why-are-rents-more-expensive-d096f961?st=9ieavh5j7ep3wcw Florida Legislature Passes Bill Creating New Retired CPA Status | Florida Institute of CPAs https://www.ficpa.org/publication/florida-legislature-passes-bill-creating-new-retired-cpa-status Kyle J. Bauman, CPA on X: "“Unlimited PTO” “Only 2100 Hours” https://twitter.com/kjb_cpa/status/1763595505928442248 62% of Americans Lack a College Degree. Can They Solve the Labor Shortage? https://www.wsj.com/lifestyle/careers/employers-open-more-doors-to-workers-without-degrees-but-few-are-getting-in-732f1098 Senior Leaders Nearly Twice as Likely To Receive AI Resources as Junior Staff | CFO https://www.cfo.com/news/senior-leaders-are-nearly-twice-as-likely-to-receive-ai-guidance/707230/ IRS didn't remove contractors' access to sensitive information | Accounting Today https://www.accountingtoday.com/news/irs-didnt-remove-contractors-access-to-sensitive-information Boston mulls commercial tax hike https://www.accountingtoday.com/articles/boston-mulls-commercial-tax-hike-to-counter-office-market-slump IRS Commissioner Delivers End Of Tax Filing Season Message Touting Improvements https://www.forbes.com/sites/kellyphillipserb/2024/04/15/irs-commissioner-delivers-end-of-tax-filing-season-message-touting-improvements/ Florida Creates New Status for Retired CPAs in the State https://www.cpapracticeadvisor.com/2024/04/15/florida-creates-new-status-for-retired-cpas-in-the-state/103983/ Treasury cash balance jumps most in 2 years as tax payments rise https://www.accountingtoday.com/articles/treasury-cash-balance-jumps-most-in-2-years-as-tax-payments-rise The rise of the remote accounting firm partner https://www.accountingtoday.com/news/the-rise-of-the-remote-accounting-firm-partner Werfel sees IRS budget request yielding $341B in extra revenue https://www.cfodive.com/news/werfel-sees-irs-budget-request-yielding-341b-extra-revenue-tax-taxation-enforcement/713534/ Google restructures finance team as part of AI shift, CFO tells employees in memo https://www.cnbc.com/2024/04/17/google-restructures-finance-team-as-a-part-of-ai-shift-cfo-tells-employees-in-memo.html Despite moratorium, IRS gets 20,000 ERC claims weekly, Werfel says https://www.journalofaccountancy.com/news/2024/apr/despite-moratorium-irs-gets-20000-erc-claims-weekly-werfel-says.html Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com ...

Apr 19, 2024

Blake and David delve into the effects of remote work on accountant salaries and the mental health challenges faced by auditors at Big Four firms. They inspect a recent study showing lower pay for hybrid workers compared to fully remote or in-office employees. They also contemplate the future of work organization inspired by Bill Anderson, CEO of Bayer, and discuss the potential impact of AI on the accounting profession, the accuracy of AI-related surveys, and the misrepresentation of AI capabilities in recent news headlines. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Uncat - http://accountingpodcast.promo/uncat Earmark - https://earmark.app Settle - http://accountingpodcast.promo/settle Chapters (00:34) - Will accountants soon earn overtime pay? (04:57) - Listener writes in about their own audit experience at a Top-30 firm (08:14) - Trump's Truth Social audit update (14:44) - PCAOB proposed audit metrics (20:44) - 71% of Big 4 auditors worry about mental health (23:27) - Blake shares a clip from new Bayer CEO (33:48) - H&R Block employees prefer remote work (38:14) - Remote accountants get paid less (39:35) - Executives and managers perceive in-office workers as higher performers (42:06) - The four day work week is becoming more common (45:27) - Cody writes in about Big 4 vs industry (47:09) - Hannah asks about outsourcing and offshoring costs (49:59) - Amazon Fresh stores were using Indian employees for "just walk out" tech (55:22) - Shohei Ohtani's translator charged in sports gambling case (58:14) - Accounting Today wrongly claims accountants are saving 30 hours a week on average using AI (01:01:34) - Blake shares a clip from the All In podcast on the future of AI (01:04:48) - Is it time for a new ERP system? (01:07:47) - Thanks for listening and remember to subscribe Show Notes 71% of Big 4 Auditors Worry About Mental Health | CFO https://www.cfo.com/news/71-of-big-4-auditors-worry-about-mental-health/712063/ Will Getting Rid of Bosses Fix the Workplace? - The Journal. - WSJ Podcasts https://www.wsj.com/podcasts/the-journal/will-getting-rid-of-bosses-fix-the-workplace/fc0d31d3-2d08-441e-abd8-d77b660fe258 59% of accountants use AI to save about 30 hours a week on tasks | Accounting Today https://www.accountingtoday.com/news/59-of-accountants-use-ai-to-save-about-30-hours-a-week-on-tasks Y Combinator wants to fund new enterprise resource planning (ERP) software" https://www.instagram.com/reel/C3-zHmOIqbI/?igsh=dTMxMDBjNGg3a2p0 Ohtani translator charged with stealing millions for 19,000 bets | Accounting Today https://www.accountingtoday.com/articles/ohtani-translator-charged-with-stealing-millions-for-19-000-bets KPMG Fined Record $25 Million in Exam-Cheating Scandal – WSJ https://www.wsj.com/articles/kpmg-fined-25-million-over-alleged-netherlands-exam-cheating-a4dcba2a?st=yl6xiqm8nh6gug8 Botkeeper Infinite replaces outsourcing with more AI to help firms automate | Accounting Today https://www.accountingtoday.com/news/botkeeper-infinite-replaces-outsourcing-with-more-ai-to-help-firms-automate More Companies Adopt 4-Day Work Week - CPA Practice Advisor https://www.cpapracticeadvisor.com/2024/03/27/more-companies-adopt-4-day-work-week/103199/ When Layoffs Happen, Remote Workers Are Hardest Hit - WSJ https://www.wsj.com/lifestyle/careers/layoffs-remote-work-data-980ed59d?reflink=integratedwebview_share Does Working from Home Boost Productivity Growth? | San Francisco Fed https://www.frbsf.org/economic-research/publications/economic-letter/2024/january/does-working-from-home-boost-productivity-growth/ Trump Media's Accounting Firm Has Audit Deficiency History https://finance.yahoo.com/news/trump-media-accounting-firm-history-150150627.html Amazon's Just Walk Out Actually Uses 1,000 People in India https://www.businessinsider.com/amazons-just-walk-out-actually-1-000-people-in-india-2024-4 PCAOB Wallops KPMG Netherlands With Record $25M Fine For Exam Cheating https://www.cpapracticeadvisor.com/2024/04/10/pcaob-wallops-kpmg-in-the-netherlands-with-25-million-fine-for-exam-cheating/103803/ PCAOB crackdown shifting to focus on auditing firms https://www.accountingtoday.com/news/pcaob-crackdown-shifting-to-focus-on-auditing-firms PCAOB Proposal Would Require Audit Firms to Disclose a Variety of Metrics https://www.cpapracticeadvisor.com/2024/04/10/pcaob-issues-proposal-requiring-audit-firms-to-disclose-variety-of-metrics/103758/ PCAOB proposals call for firms to disclose more about themselves https://www.journalofaccountancy.com/news/2024/apr/pcaob-proposals-call-firms-to-disclose-more-about-themselves.html Only 48% of accounting, consulting, legal, and private capital professionals have used AI tools at work despite near ...

Apr 15, 2024

Joe Woodard joins Blake and David to examine how accountants and bookkeepers can increase the value of their services in the eyes of their clients. Joe introduces the Cobb value curve, illustrating how differentiation and relative value impact pricing. He emphasizes the importance of offering unique, high-value services like controllership and financial planning to stand out from commoditized offerings and command premium prices. Meet Our Guest, Joe Woodard LinkedIn : https://www.linkedin.com/in/quickbooksadvisor Twitter : https://twitter.com/joewoodard Learn more about Woodard Website : http://www.woodard.com Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Apr 11, 2024

Blake and David dive into the concerning trend of small CPA firms conducting shoddy audits of large companies and SPACs, raking in big fees while facing minimal consequences for deficient work. They also discuss the latest accounting app funding news, the power of AI for crafting persuasive arguments, and the American Institute of CPAs' puzzling resistance to changes in CPA licensure requirements and touch on the growing importance of client accounting services for public accounting firms. Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas Uncat - http://accountingpodcast.promo/uncat Earmark - https://earmark.app Chapters (00:38) - Blake is back from a conference in Atlanta (03:12) - The truth behind Trump's Truth Social SPAC audit (18:41) - AI startup Fieldguide secures $30 million in Series B funding (21:57) - FundGuard secures $100 million in Series C funding round (23:42) - BotKeeper launches BotKeeper Infinite (29:29) - Scientists find that AI is more persuasive than humans at changing people's opinions (37:41) - Formula 1 team using Excel to track car parts (39:34) - CAS is the fastest-growing service in Accounting Today's annual survey (41:34) - The AICPA warns about losing the 150-hour rule (48:46) - Send us an email and remember you can earn FREE CPE for listening to this podcast! Show Notes Fieldguide Raises $30 Million to Combat CPA Shortage With AI https://www.pymnts.com/news/investment-tracker/2024/fieldguide-raises-30-million-to-combat-cpa-shortage-with-ai/ AI accounting startup raises $100M https://www.accountingtoday.com/articles/ai-accounting-startup-fundguard-raises-100m-in-new-funds On the Conversational Persuasiveness of Large Language Models: A Randomized Controlled Trial (PDF) https://arxiv.org/pdf/2403.14380.pdf?utm_source=www.therundown.ai&utm_medium=newsletter&utm_campaign=nvidia-s-new-ai-chip-competitor The year CAS took over https://www.accountingtoday.com/opinion/the-year-cas-took-over-accounting Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Royalwise - https://royalwise.com/partner Forwardly - https://www.forwardly.com/ Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Apr 4, 2024

Blake and David dig through the latest accounting news, including the effectiveness of pizza parties in boosting accounting firm morale, the record number of baby boomers reaching retirement age, and the impact on Social Security, as well as the massive amount of COVID-related fraud originating in South Florida. They also take a look at audit integrity issues, the long working hours in accounting, and some of the latest app headlines. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Relay - http://accountingpodcast.promo/relay Bookkeep - http://accountingpodcast.promo/bookkeep Chapters (00:22) - Thomson Reuters says pizza parties boost accountants morale (03:33) - Trump cheats at golf (04:50) - Truth Social goes public (07:41) - Grant Thornton sells majority stake to private equity firm (12:28) - Almost 20% of all PPP fraud happened in South Florida (17:59) - 49ers docked 5th round draft pick for accounting error (20:08) - Sam Bankman Freed sentenced to 25 years in prison (22:29) - David shares WSJ video on the future of social security (31:16) - Tingo audit faulire update (41:48) - Big 4 Transparency firm awards (50:28) - Blake takes on a Reddit user's problem (56:35) - Microsoft Teams combining business and personal offerings (57:04) - Thanks for listening and remember to subscribe Show Notes FTX Founder Sam Bankman-Fried Sentenced to 25 Years https://www.wsj.com/finance/currencies/sam-bankman-fried-sentencing-ftx-fraud-2d92fce9?st=d45lmr6uc8gg6wc Trump ‘cheats like a mafia accountant’ at golf, writer who played with him says - pennlive.com https://www.pennlive.com/news/2024/03/trump-cheats-like-a-mafia-accountant-at-golf-writer-who-played-with-him-says.html Big 4 Transparency - Awards Season 🏆 https://big4transparency.beehiiv.com/p/big-4-transparency-awards-season?utm_source=big4transparency.beehiiv.com&utm_medium=newsletter&utm_campaign=big-4-transparency-awards-season PCAOB bars Colorado firm Gries & Associates from doing audits | Accounting Today https://www.accountingtoday.com/news/pcaob-bars-colorado-firm-from-doing-audits San Francisco 49ers docked 2025 fifth-round draft pick for accounting error | FOX Sports https://www.foxsports.com/stories/nfl/san-francisco-49ers-docked-2025-fifth-round-draft-pick-for-accounting-error Grant Thornton gets major PE stake from New Mountain Capital | Accounting Today https://www.accountingtoday.com/news/grant-thornton-gets-major-pe-stake How Miami Became a Hub of PPP Fraud After Pandemic https://www.cpapracticeadvisor.com/2024/03/26/how-miami-became-a-hub-of-ppp-fraud-after-pandemic/103156/ Audit Plan to Flag Illegal Acts Needs Do-Over, Critics Charge https://news.bloombergtax.com/financial-accounting/audit-plan-to-flag-illegal-acts-needs-do-over-critics-charge Blackrock larry fink annual letter 8484e68e https://www.wsj.com/finance/investing/blackrock-larry-fink-annual-letter-8484e68e Ahead of sentencing, SBF team argues for 5-6 years in jail because FTX customers will get money back https://www.cnbc.com/2024/03/27/sbf-team-argues-for-5-6-year-sentence-ftx-customers-to-get-money-back.html The Home Stretch: Strategies & insights for today’s tax professionals as their busy season concludes https://www.thomsonreuters.com/en-us/posts/tax-and-accounting/home-stretch-tax-professionals/ Trump's social media company rises 16% in first day trading gains, but the stock could fall 95%, says an IPO expert https://fortune.com/2024/03/26/trump-social-media-rises-trading-gains-fall-expert/ FTX founder Sam Bankman-Fried gets 25 years in prison https://www.bankingdive.com/news/sam-bankman-fried-25-years-prison-fraud-conspiracy-ftx-crypto-sbf-kaplan-alameda/711601/ IRS Criminal Investigation Says COVID-Related Fraud Totaled Nearly $9 Billion https://www.forbes.com/sites/kellyphillipserb/2024/03/28/irs-criminal-investigation-says-covid-related-fraud-totaled-nearly-9-billion/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . Need Accounting Conference Info? ...

Apr 3, 2024

Blake and David meet with M&A advisor Charles Bedard about valuations for accounting firms looking to sell. Bedard explains that subscription-based "modern" firms command much higher multiples than traditional hourly billing firms. Bedard provides specific valuation ranges based on revenue and EBITDA multiples and highlights the importance of recurring revenue. He also offers actionable tips for firm owners to increase their value in preparation for an exit. Meet Our Guest, Charles Bedard LinkedIn: https://www.linkedin.com/in/charlesbedard/ Twitter: https://twitter.com/SolvingtheValue Learn more about ERGO Comps, LLC http://www.ergocomps.com/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 29, 2024

Blake and David look at the potential impact of AI on the accounting profession and discuss how AI tools like ChatGPT can boost productivity by automating tasks, improving communication, and assisting with problem-solving. They also examine the implications of these efficiency gains on the billable hour, predicting that firms will need to adapt their pricing strategies as a result. Finally, they review the results of a recent Accounting Today survey, which reveals accountants' perceptions and concerns about AI in the profession. Sponsors OnPay - http://accountingpodcast.promo/onpay Keeper - http://accountingpodcast.promo/keeper Bookkeep - http://accountingpodcast.promo/bookkeep Chapters (02:24) - The inefficiency at Disney World compared to accountants and timesheets (09:38) - JP Morgan AI tool cuts human work by 90% (11:14) - BofA Cash Pro Forecasting (18:29) - Blake checks in on live chat (19:11) - Survey on how much people actually want to work (27:17) - Kindness initiatives at firms (28:26) - Is gratitude better than a pay raise? (29:34) - New Accounting Today AI survey (40:00) - Blake shares example of how he used AI in his personal life (42:36) - Forbes article on ChatGPT prompts for leaders and managers (55:29) - Thanks for listening and remember to subscribe Show Notes JPMorgan Says Its AI Cashflow Tool Cut Human Work Almost 90% https://www.entrepreneur.com/business-news/jpmorgan-says-its-ai-cashflow-tool-cut-human-work-almost-90/470682 Accounting's reluctant AI revolution https://www.accountingtoday.com/research-report/accountings-reluctant-ai-revolution Firms find it’s cool to be kind https://www.journalofaccountancy.com/issues/2024/mar/firms-find-its-cool-to-be-kind.html Bank Of America CashPro Forecasting https://business.bofa.com/en-us/content/cashpro-forecasting.html Americans Don’t Care as Much About Work. And It Isn’t Just Gen Z. https://www.wsj.com/lifestyle/careers/americans-attitude-work-data-0c2e487c?st=zyx80zw1zyfu1jf Gratitude is Better Than a Pay Raise for 55% of U.S. Workers, Survey Finds https://www.cpapracticeadvisor.com/2024/02/29/gratitude-is-better-than-a-pay-raise-for-55-of-u-s-workers/102148/ 12 ChatGPT Prompts For Leaders And Managers In 2024 https://www.forbes.com/sites/rachelwells/2024/01/23/12-chatgpt-prompts-for-leaders-and-managers-in-2024/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Royalwise - https://royalwise.com/partner Forwardly - https://www.forwardly.com/ Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 26, 2024

Professor Ed Ketz of Penn State joins the show to discuss audits' current state and future. We delve into the relevance of audits and explore the value of unqualified opinions in making audits meaningful. The discussion also touches on the overstandardization of audit reports and how this can lead to investor misunderstandings. Professor Ketz brings a unique perspective, sparking a debate on whether the existence of the unqualified opinion creates value rather than the content within. The episode ends with a brainstorm on potential regulation improvements to improve audit quality and usefulness. Meet Our Guest, Ed Ketz Website: https://directory.smeal.psu.edu/k55 LinkedIn: https://www.linkedin.com/in/ed-ketz-7982421a7 Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 22, 2024

Blake and David start with a discussion on Federal Reserve Chairman Jerome Powell's testimony regarding the failure of small and mid-sized banks due to exposure to the commercial real estate sector. They also get into Minnesota's CPA licensure bill for 150-hour requirement alternatives and KPMG's audit findings on the Department of Education and the cost of the federal student loan program. Rounding out the episode, they answer listener questions and comments on topics including the psychological challenges of CPA firm employment, NASBA's lack of customer service, and the high fees for taking the CPA exam internationally. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Keeper - http://accountingpodcast.promo/keeper Client Hub - http://accountingpodcast.promo/clienthub Chapters (00:28) - Welcome to the show, how much trouble are small banks in? (06:49) - Minnesota CPA Society's Pathways CPA Licensure Bill advances in Senate (10:08) - Our listener plugs a security hole in tax client portal software (14:03) - The cultural issues that plague the accounting profession (20:57) - Fortune magazine article that CPAs need to tell their stories (24:48) - Should we have a federal CPA license? (27:54) - The government doesn't know the costs of student loans (35:03) - Christy shares a positive message (36:21) - Does starting your career at Big 4 lead to better industry jobs? (40:42) - Alex writes in about problems they had scheduling their CPA exam (45:55) - IRS inviting biggest ERC filers to learn the correct way to file them (50:34) - Tax preparer using basic Word doc to collect information (52:04) - Listener replies to Blake's Accounting Today article (54:27) - The international costs to take the CPA exam (57:45) - The firm and work culture issue (58:52) - Why students don't want to major in accounting (59:39) - Thanks for listening! The new Earmark app is coming soon! Show Notes Could CPAs telling their stories be the key to attracting Gen Zers to accounting? A PwC vice chair thinks so https://fortune.com/2023/11/15/cpa-attracting-gen-z-accounting-pwc/ Senate File 1660, the MNCPA-backed bill to broaden the pathways to CPA licensure, advanced in the Minnesota Senate on Thursday. https://www.mncpa.org/about/press/releases/pathways-cpa-senate-bill-hearing/ Powell: ‘There will be bank failures’ caused by commercial real estate losses https://thehill.com/business/4516758-powell-there-will-be-bank-failures-caused-by-commercial-real-estate-losses/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds FutureFirm - https://futurefirmaccelerate.com/cap Royalwise - https://royalwise.com/partner Forwardly - https://www.forwardly.com/ Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 18, 2024

Here's a preview of Blake's recent appearance on Federal Tax Updates, where he joined host Roger Harris to unpack some of the biggest tax stories making headlines, from a federal court ruling deeming a new business reporting law unconstitutional to the staggering estimates of tax evasion by the wealthy. To hear the complete discussion, visit Federal Tax Updates: https://share.transistor.fm/s/d8c45ed9 Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Mar 15, 2024

Blake and David meet up with AJ Yawn, partner at Armanino LLP, about Armanino's new tool, Audit Ally, which streamlines and automates SOC 2 audits. They discuss the growing trend of tech companies entering the audit space and commoditizing services like SOC 2 audits, and explore how Audit Ally aims to help accounting firms compete on price and quality by utilizing AI and machine learning. Meet Our Guest, AJ Yawn LinkedIn: https://www.armanino.com/company/people/aj-yawn Learn about about Audit Ally Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 12, 2024

We're celebrating surpassing 10,000 YouTube subscribers! Thank you! Blake and David look into H&R Block's new reality show about teaching people life skills like doing their taxes. They also talk about workflow automation challenges for accounting firms, how the IRS is contacting wealthy non-filers, and the Trump Organization CFO pleading guilty to perjury. They also break down the SEC's extensive new climate disclosure rules and the job opportunities this could create for accountants. Sponsors FreshBooks - http://accountingpodcast.promo/freshbooks Relay - http://accountingpodcast.promo/relay Webgility - http://accountingpodcast.promo/webgility Chapters (03:04) - H&R Block is creating a reality TV show (08:51) - WSJ Op-Ed says IRS agents shouldn't work from home (12:21) - The Accountant 2 gets a big tax credit (14:42) - South Carolina finds $2 billion in bank account (20:49) - Bloomberg article on the lack of accountants (23:18) - Regional banks in trouble? (27:00) - Lyft being sued by their shareholders (29:39) - Is bad workflow automation the cause of bad work/life balances? (37:42) - CPA Trendlines: "Which Niche is the Best Niche?" (46:28) - TurboTax and H&R Block are using AI giving awful tax advice (50:12) - Blake shares new SEC rule's GPT he made (53:19) - AI and data privacy concerns (55:48) - Can AI predict when you'll die? (01:01:37) - Former Trump CFO Allen Weisselberg pleads guilty to perjury (01:03:56) - Thanks for listening and remember to subscribe Show Notes 2024 Report: The State of Accounting Workflow Automation https://financial-cents.com/resources/articles/2024-report-state-of-accounting-workflow-automation/ Gartner Survey Shows That a Third of Accountants Make Several Financial Errors Per Week due to Capacity Constraints https://www.gartner.com/en/newsroom/press-releases/2024-02-21-gartner-survey-shows-that-a-third-of-accountants-make-several-error-per-weeo-due-to-capacity-constraints The U.S. is short 340,000 accountants-just look at the wave of earnings report mistakes https://fortune.com/2024/03/01/accounting-shortage-earnings-report-mistakes/ Intuit, H&R Block tax AIs critiqued on accuracy https://www.accountingtoday.com/news/intuit-h-r-block-tax-ais-critiqued-on-accuracy-of-answers-many-inaccurate SC accounting error gets renewed focus over $1.8B sitting in state bank account https://www.southcarolinapublicradio.org/sc-news/2024-03-05/legis-treasurermoney Ex-Trump Org CFO Pleads Guilty to Perjury in Fraud Case https://www.cpapracticeadvisor.com/2024/03/05/ex-trump-org-cfo-pleads-guilty-to-perjury-in-fraud-case/102306/ H&R Block to Release Short Format Comedy Streaming Series, “Responsibility Island” https://www.cpapracticeadvisor.com/2024/02/29/hr-block-to-release-short-format-comedy-streaming-series-responsibility-island/102172/ Federal court holds Corporate Transparency Act unconstitutional https://www.journalofaccountancy.com/news/2024/mar/federal-court-holds-corporate-transparency-act-unconstitutional.html Lyft earnings report error prompts shareholder lawsuit https://finance.yahoo.com/news/lyft-earnings-report-error-prompts-150849490.html Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds FutureFirm - https://futurefirmaccelerate.com/cap Royalwise - https://royalwise.com/partner Forwardly - https://www.forwardly.com/ Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel ma...

Mar 8, 2024

Blake and David meet with Chris Vanover, President of CPAClub, about the recent $2 million PCAOB fine against Withum for poor audit quality on many 2021 SPAC audits. They examine Withum's 500% increase in audits with minimal staff growth, leading to overworked teams and partners working 100+ hour weeks. They also debate whether the fines are large enough to change behavior or just a cost of doing business. Meet Our Guest, Chris Vanover LinkedIn: https://www.linkedin.com/in/chrisvcpa/ Learn more about CPAClub Website: https://cpaclub.cpa/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 7, 2024

Fast food chain Wendy's considers demand pricing – should your firm, too? We discuss the potential for surge pricing tax returns to smooth workload and raise revenue. We also dive into new AI-powered accounting productivity tools from Sage and Xero, Zoho's $5 per user practice management suite, and analyze the results of our listener survey. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho Client Hub - http://accountingpodcast.promo/clienthub Chapters (06:40) - What can accountants learn and try in pricing? (13:59) - The IRS debuts free file system (26:47) - Xero announces their AI tool JAX (34:12) - QuickBooks new offering, Solopreneur (40:11) - Zoho is getting into practice management (44:52) - FTC goes after H&R Block over free filing claims (47:15) - Can AI teach accounting? (55:41) - TAP Listener Survey results (01:00:40) - Blake asks AI to generate an image of the average listener (01:05:09) - Thanks for listening and remember to subscribe Show Notes Just Ask Xero | Xero US Introduction to QuickBooks Solopreneur (intuit.com) Practice software features for businesses | Zoho practice FTC alleges H&R Block deleted customer tax data, used deceptive advertising IRS Direct File free tax system moves into public test phase Intuit introduces QuickBooks Solopreneur for one-person businesses Intuit Introduces QuickBooks Solopreneur, an Easy-to-Use Financial Tool Built for One-Person Businesses H&R Block’s online tax prep tricked customers into paying more money, FTC claims AI will 'change nature' of accounting, says Sage boss Sage launches generative AI copilot assistant for SME accounting H&R Block ‘Data Wiping’ and Upgrade Policies Harm Taxpayers, FTC Says Expert Examines AI's Role in Accounting Education Sage Intacct Unveils New Features to Streamline Operations and Boost Productivity Zoho dives into practice management with Zoho Practice Xero's AI Leap: Unveiling 'Just Ask Xero' to Revolutionize Small Business Accounting How GenAI will shape the future for our customers IRS reopens Direct File testing after pause Study: ChatGPT Won’t Be Replacing Accounting Professors In the Near Future ChatGPT in Education: Study Reveals Utility and Limits in Financial Accounting Learning Xero wants to use AI to help your SMB solve all its accounting woes Wendys surge pricing ai backlash internet Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/pod...

Mar 1, 2024

Aaron Harris joins Blake and David to discuss Sage's new AI offering, Sage Copilot, which brings generative intelligence into Sage Intacct to eliminate routine accounting work. They discuss specific use cases Copilot handles, like chasing people for approvals/documents, drafting emails, and answering ad hoc questions without running reports. Aaron also shares his perspective on AI’s impact on the accounting profession and why increased automation will make human review and trust even more essential. Meet Our Guest, Aaron Harris, CTO, Sage LinkedIn: https://www.linkedin.com/in/aaron-harris-7407b2/ Twitter: https://twitter.com/i/flow/login?redirect_after_login=%2FAaronRHarris Learn more about Sage http://www.sage.com Listener Survey Please take our listener survey: https://accounting.show/survey Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 1, 2024

Blake and David discuss the Lyft financial typo that sent its stock price soaring. They also examine how AI-powered help desks and customer service are improving efficiency by 10-20%, and look at some alternatives to the pesky 150-hour rule. Other news includes the future of commercial real estate taxes, the use of AI tools to monitor employee communications, and how the IRS plans to collect over $500 billion more in owed taxes. Sponsors OnPay - http://accountingpodcast.promo/onpay Cloud Accountant Staffing - http://accountingpodcast.promo/cas Webgility - http://accountingpodcast.promo/webgility Chapters (00:39) - David asks Blake to guess the profession (07:25) - Lyft's earnings report typo (14:36) - Trump found guilty! (23:08) - The City of Boston could lose over $1 billion from commercial real estate taxes (29:24) - How are some companies using generative AI to improve their businesses? (37:11) - Companies using AI to monitor employee messaging (40:20) - New Jersey CPA Society talks 150-hour rule (52:21) - The IRS is collecting $500 billion more in taxes (54:04) - Thanks for listening, leave us a review and Earn Free CPE Show Notes How Walmart, Delta, Chevron and Starbucks are using AI to monitor employee messages Lyft's Extra Zero Puts Focus on Corporate Controls: Explained $1,741 Is the Average Tax Refund So Far, IRS Says IRS aims to close 'inequity gap' for unpaid taxes. How the agency targets top earners for audit As A New Tax Filing Season Kicks Off, We Look at the IRS Efforts to Improve Customer Service and the Audits of Two Very Different Kinds of Taxpayers Trump civil fraud case: Judge fines Trump $354 million, says frauds 'shock the conscience' How WeWork became the largest tenant in Boston In biggest office lease of the year, Deloitte plans move to Winthrop Center Lyft CEO addresses major typo in earnings report Listener Survey Please take our listener survey: https://accounting.show/survey Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds The CAS Cache - https://cas.beehiiv.com/ Royalwise - https://royalwise.com/partner Forwardly - https://www.forwardly.com/ FutureFirm - https://futurefirmaccelerate.com/cap Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Feb 24, 2024

Blake and David meet with Geoffrey Brown of the Illinois CPA Society to examine some key findings from ICPAS's recent retention report, including top reasons for turnover, where departing accountants are going, and ideas for improving work-life balance. Meet Our Guest, Geoffrey Brown LinkedIn: https://www.linkedin.com/in/geoffrey-brown-cae-9039484/ Twitter: https://twitter.com/IllinoisCPA Facebook: https://www.facebook.com/ICPAS Instagram: https://www.instagram.com/illinoiscpasociety/ Learn more about the Illinois CPA Society (ICPAS) Website: https://www.icpas.org/ Listener Survey Please take our listener survey: https://accounting.show/survey Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Feb 21, 2024

Blake and David break down the IRS's $99 million paper-check limit, how states use tax credits to attract movie productions (sometimes unsuccessfully) and give their take on actor Kenan Thompson losing $1.5 million to fraud as a child. They also cover couples arguing over finances, AI answering tax questions in California, accounting rules hiding commercial real estate loan losses on bank balance sheets, and the lack of action from accounting standards boards to change these rules. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Relay - http://accountingpodcast.promo/relay Client Hub - http://accountingpodcast.promo/clienthub Chapters (00:40) - What's the largest check you can write to the IRS? (05:38) - Jeff Bezos could be saving $600 million from moving to Florida (14:44) - Why movie studios are throwing out projects for tax breaks (21:03) - Keenan Thompson's accountant stole $1.5 million from him (26:27) - How much of relationship problems are finance-related? (31:38) - California plans to use AI to help answer people's tax questions (35:51) - PwC UK boss says AI is why workers should be in the office (40:45) - Silicon Valley Bank collapse follow-up and why it could happen again (51:09) - Thanks for listening and check out the Unofficial Quickbooks Accountants Podcast Show Notes Warner Bros.' Disgusting Accounting Trick May Find an Opponent in the U.S. Government IRS Seeks More Than $1 Billion From SVB for Taxes IRS sues FDIC to get $1.45B in SVB back taxes Mayweather’s $18 Million Check To The IRS Packs A Punch, But Is Under The $100 Million Weight Limit California plans to use AI to answer your tax questions Jeff Bezos will save over $600 million in taxes by moving to Miami The Indicator from Planet Money : NPR Mayweather’s $18 Million Check To The IRS Packs A Punch, But Is Under The $100 Million Weight Limit Jeff Bezos reaps Florida tax benefit with $4B Amazon share sale Young staff need to be in the office because of AI, says PwC's UK boss | Accounting Today Money is the Biggest Relationship Hurdle for 1 in 4 Couples, Survey Reveals - CPA Practice Advisor Kenan Thompson Reveals a Crooked Accountant Stole $1.5 Million From Him During His Nickelodeon Days | Video When accountants attack: why Netflix is cancelling Halle Berry’s new sci-fi movie Ben Affleck Reportedly Filming The Accountant 2 This Year FASB Won’t Consider Changes in Securities Accounting After Bank Failures - WSJ New York Community Bank’s Commercial Real Estate Loan Problem May Be Isolated, Experts Say Banking Crisis Plays Out at America’s Smallest Lenders Listener Survey Please take our listener survey: https://accounting.show/survey Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast:...

Feb 16, 2024

Blake and David talk with Chayton Farlee, an accounting student at the University of the Pacific, about his journey into accounting and his thoughts on the profession. They discuss his inspiring path from cleaning carpets during the pandemic to pursuing his CPA and CMA, the disconnect many students feel between accounting theory and real-world application, the importance of bookkeeping skills, and considerations around starting his career at a Big Four firm or a smaller, more lifestyle-friendly firm. Meet Our Guest, Chayton Farlee LinkedIn: https://www.linkedin.com/in/chaytonfarlee/ Listener Survey Please take our listener survey: https://accounting.show/survey Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Feb 15, 2024

Blake and David discuss a wealth of timely topics, including the risks of filing taxes electronically versus by mail, the impact of the 150-hour rule on diversity in the accounting profession, and how major accounting firms are turning to private equity funding to accelerate growth. They also explore news from the artificial intelligence space, including Google's unveiling of Gemini, as well as ADP's new AI assistant, and examine how deepfake video calls enabled the theft of $25 million. Sponsors Relay - http://accountingpodcast.promo/relay FreshBooks - http://accountingpodcast.promo/freshbooks Airbase - http://accountingpodcast.promo/airbase Chapters (00:29) - Welcome to the show (03:24) - Finance worker pays $25 million after video call with a deep fake of company CFO (08:54) - Is QuickBook taking tax accountants' jobs? (16:23) - Three AI accounting startups raise money funding round (25:14) - Baker Tilly is now private-equity-owned (27:32) - How much do the Big 4 spend on lobbying? (31:52) - The Wall Street Journal's terrible opinion piece of E-filing (38:25) - 13 states are suing the IRS for direct file system (40:15) - MIT study on effects of 150-hour rule (46:28) - Dual licensed CPAs and CMAs earn almost $40k more per year (49:17) - Google releases Gemini and is retiring BARD (53:33) - ADP launches ADP Assist (56:48) - Gemini also now does AI art (59:25) - Thanks for listening and please fill out our survey Show Notes Finance Employee Defrauded for $25M by Deepfake CFO Dual Certifications Mean Big Bucks for Accountants - CPA Practice Advisor Baker Tilly US gets PE investment | Accounting Today Big Four Lobby Congress on Accounting Pipeline, AI, Crypto Beware of E-Filing Your Tax Return QuickBooks Live Tax Update: Understanding QuickBooks customers use of tax prep services Accounting software startup Pennylane becomes France’s latest unicorn | TechCrunch Google’s Gemini is now in everything. Here’s how you can try it out. Accounting body tells members to make annual pledge to be ethical Platform Accounting Group gets $85M funding round Finally, now with $10M, adds AI for better insight into small business accounting AI Will Be Doing More Accounting If Startup Investors Have Their Way ADP launches ADP Assist genAI assistant Republican attorneys general denounce IRS free file pilot as rival to products like TurboTax Higher tax filing costs could take a bite out of your refund DataSnipper, startup that uses AI to eliminate some of the ‘dread’ in accounting, is valued at $1 billion in latest funding round Platform Accounting Group Secures $85 million in Funding Led by Cynosure Group Finally Raises $10 Million to Expand Small Business Automation Solutions Finally, the AI-Powered Accounting & Finance Suite, Closes $10M Raise to Propel SMB Growth Forward France gains a new unicorn as Pennylane raises €40m QuickBooks Live Tax Update Beware of E-Filing Your Tax Return DataSnipper Raises $100M at $1B Valuation to Empower Auditors with AI Big Four Lobby Congress on Accounting Pipeline, AI, Crypto Finance worker pays out $25 million after video call with deepfake ‘chief financial officer’ I'm an Accountant and Here's Why I'd Never File My Taxes Online — Best Life Listener Survey Please take our listener survey: https://accounting.show/survey Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver ...

Feb 8, 2024

Yoseph West joins Blake and David to examine Relay Financial's background and their ambition to solve banking problems by becoming a bank themselves, designing the ideal user experience, and overcoming regulatory challenges. West also outlines Relay's redesigned accountant partner program, its many benefits, and upcoming features like receipt capture. The discussion turns to best practices for incorporating technology like Relay into accounting practices to solve client problems and the importance of understanding client pain points. Meet Our Guest, Yoseph West LinkedIn: https://www.linkedin.com/in/yosephwest/ Twitter: https://twitter.com/bankwithrelay Facebook: https://www.facebook.com/bankwithrelay Instagram: https://instagram.com/bankwithrelay Learn more about the Relay Partner Program: https://www.relayfi.com/advisor-partner-program?referralcode=acctpod&utm_source=ab&utm_medium=podcast&utm_campaign=abpartnerprogram Disclaimer: Relay is a financial technology company, not an FDIC-insured bank. Banking services and FDIC insurance are provided through Thread Bank; Member FDIC. The Relay Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa® debit cards are accepted Listener Survey Please take our listener survey: https://accounting.show/survey Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Feb 2, 2024

CNBC tells taxpayers to seek out EAs if they can't find a CPA, crypto fraud by a pastor who claims God told him to do it, issues with IRS taxpayer notices and filing, accounting irregularities at agricultural giant ADM send the stock plummeting, CPA reciprocity is a pain, AI updates including Microsoft Mesh VR meetings in Teams, FTC forcing TurboTax to stop advertising as "free," Wave’s new paid subscription model, and the liquidation threat facing massive Chinese developer Evergrande. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho Client Hub - http://accountingpodcast.promo/clienthub Chapters (00:29) - Welcome to the show (02:19) - CNBC article on what to do if you can't find a CPA to do your taxes (07:12) - Trump tax leaker sentenced to 5 years in prison (08:45) - FTC rules Intuit can no longer advertise their product as free (12:51) - H&R Block and Intuit are suing each other and each one's AI (18:39) - Brex is cutting 20% of their staff (20:59) - Microsoft Mesh and virtual reality meetings (24:14) - Wave introduces paid pro plan (26:05) - Microsoft passes Apple as the world's most valuable company (30:01) - Blake reads a few live viewer comments (30:57) - ADM suffers big stock drop amid accounting investigation (36:03) - Pastor charged with cryptocurrency fraud (38:35) - FTX has amassed $4.4 billion by selling cyrpto assets (39:54) - Tingo fraud update and correction (44:43) - Iowa CPA survey shows CPAs support alternative pathways to license besides 150-hour requirement (52:29) - A few IRS stories (01:00:19) - Blake teases China and Evergrande story (01:01:37) - Wrap up and please fill out our listener survey Show Notes SEC Charges Tingo Mobile Founder, Three Companies with Massive Fraud and Obtains Emergency Relief Pastor Charged With Cryptocurrency Fraud Said God Told Him to Do It - The New York Times Accounting investigation under way at ADM and its top financial executive has been placed on leave | AP News Here's what to do if you can’t find an accountant for tax season Former IRS Contractor Sentenced for Disclosing Tax Return Information to News Organizations | United States Department of Justice TurboTax Can No Longer Advertise Products as Free, F.T.C. Says H&R Block launches AI tax filing assistant - The Verge TurboTax bolsters support options, both human and AI Brex cuts 20% of staff amid reports of stalled growth, high burn | TechCrunch Bring virtual connections to life with Microsoft Mesh, now generally available in Microsoft Teams Investors see Microsoft's stock market value leaving Apple behind Input steers CPA licensure pathways recommendation - Iowa Society of CPAs Listener Survey Please take our listener survey: https://accounting.show/survey Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds REFRAME WORKSHOP - https://www.reframe2024.com/ Royalwise - https://royalwise.com/partner Forwardly - https://www.forwardly.com/ The CAS Cache -

Jan 30, 2024

This week, Blake and David Leary sort through the mail and respond to a variety of listener emails and voicemails. Amongst the topics covered, they explore working as a TurboTax preparer to barriers faced by career-changers entering public accounting. They go on to debate the root causes behind accounting's heavy workloads and offer perspectives on how licensing rules and firm profitability shape experiences. Sponsors OnPay - http://accountingpodcast.promo/onpay A2 Advisors - http://accountingpodcast.promo/luke Earmark - https://earmarkcpe.promo/EarmarkMediaKit Chapters (00:04) - Welcome to the show and some personal updates from David and Blake (07:38) - A TurboTax expert tells us why she loves her job (16:26) - Tyler writes in about the pipeline problem (23:42) - Looking at other career certification requirements as inspiration for CPA change (27:47) - CPA mobility and reciprocity (37:32) - Bank statements are the norm for getting any loan in Puerto Rico (39:37) - The CPA profession is the transmission of a car (44:37) - Accountant's starting salaries are the biggest pipeline problem (53:39) - Blake checks in with the live chat (57:26) - Creating a "paralegal" type license in the accounting field (58:59) - Ways to mitigate busy season (01:02:17) - Wrap up and remember to send us your thoughts and stories Show Notes Coming soon! Listener Survey Please take our listener survey: https://accounting.show/survey Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds REFRAME WORKSHOP - https://www.reframe2024.com/ Royalwise - https://royalwise.com/partner Forwardly - https://www.forwardly.com/ Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Jan 25, 2024

Blake and David discuss the challenges of busy season and achieving work-life balance as accountants. They also debate the value and investment risks of cryptocurrency and analyze global economic impacts like outflows from China's economy. They also review some of the latest AI trends including self-driving vehicle safety data, and examine some recent news regarding a software error falsely accusing hundreds, an SEC crypto ETF approval, and a feel-good small town tax budget balanced without rate hikes thanks to a new accounting system implementation. Grab your favorite snack and have a listen! Sponsors OnPay - http://accountingpodcast.promo/onpay FinDaily - http://accountingpodcast.promo/findaily Client Hub - http://accountingpodcast.promo/clienthub Chapters (00:31) - Welcome to the show. Blake has been traveling (07:04) - How can accountants attract lifelong customers (09:59) - KPMG working to reduce late hours and weekend work (16:08) - UK coffee shop introduces subscription pricing (19:54) - Are accounting tech jobs more balanced? (21:49) - We did a bonus interview with Rightworks and more AI updates (24:32) - Waymo caused accidents vs human drivers (29:39) - Are AI-caused layoffs coming? (31:29) - The SEC approves crypto ETFs (34:52) - NYT story on NYU student's $6 million crypto mine (39:35) - Update on UK Postal scandal and Fujitsu (43:52) - An estimated $50 billion per month moved out of China in 2023 (47:54) - Hydroxychloroquine and putting numbers in perspective (51:14) - David's personal information may have been leaked in the Framework leak (53:08) - GM suing the city of San Francisco over taxes (55:23) - Small Pennsylvania town cancels tax hikes after new accounting system finds unaccounted revenue (56:25) - Thanks for listening and remember to subscribe Show Notes KPMG looks to take some of the pain out of the auditing ‘busy season’ OpenAI debuts ChatGPT subscription aimed at small teams | TechCrunch Comparison of Waymo Rider-Only Crash Data to Human Benchmarks at 7.1 Million Miles Expanding Copilot for Microsoft 365 to businesses of all sizes A third of companies have already laid off workers due to AI This N.Y.U. Student Owns a $6 Million Crypto Mine. His Secret Is Out. - The New York Times SEC Approves Bitcoin ETFs for Everyday Investors Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China. - The New York Times Hydroxychloroquine could have caused 17,000 deaths during Covid, study finds GM blasts San Francisco in lawsuit over $108M tax bill OpenAI debuts small team ChatGPT subscription Intuit sues H&R Block over marketing claims it says are false, misleading The role of auditors in the Post Office scandal: A need for greater accountability? Framework email customers for data breach from accounting partner getting phished Fujitsu shares drop nearly 4% as its Europe chief says compensating Post Office victims is a 'moral obligation' Report: 25% of CEOs Expect AI to Lead to Job Cuts in 2024 Expanding Copilot for Microsoft 365 to businesses of all sizes Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Listener Survey Please take our listener survey: https://accounting.show/survey Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . Need Accounting Conference Info? Check out our new website - accountingconferences.com Limited edition shirts, st...

Jan 23, 2024

Dominic Piscopo is the founder of Big4Transparency.com, an accounting salary transparency website. Dominic was inspired to start the site based on his experience discovering the disparity in compensation between his accounting job and what other accountants were making in the same city. To date, Big4Transparency.com has collected over 13,000 salary data points. In the episode, we discuss the value of using the platform for salary negotiation. Dominic also highlights trends in accounting salaries, the impact of job hopping on earnings, and the relationship between work environment and job satisfaction. Meet Our Guest, Dominic Piscopo LinkedIn : https://www.linkedin.com/in/dopiscopo/ Learn more about Big4Transparency.com Website : https://www.big4transparency.com/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jan 19, 2024

Blake and David mull over the Arizona CPA Society's survey revealing that 80% of Arizona CPAs support 150-hour-rule alternatives. They also examine the UK Post Office scandal that led to hundreds of criminal convictions of postmasters, as well as Deloitte's recent massive audit failures, and the impacts of the talent shortage illustrated by delayed government audits in Wyoming. Wrapping things up, some reflections on the need for major reforms in auditing and regulation of the accounting profession. All this and more, right here, right now! Sponsors Zoho - http://accountingpodcast.promo/zoho Relay - http://accountingpodcast.promo/relay Client Hub - http://accountingpodcast.promo/clienthub Chapters (00:29) - Blake goes over the Arizona Society of CPA's survey results (06:06) - Do 150-hour employees do better work? (09:35) - Are firms facing an accounting shortage? (14:42) - Did you know Nikki Haley was an accountant? (16:28) - Deloitte audit failure in Nigeria (29:35) - Certified Pastry Aficionado (31:37) - Tsunami miracle baby, now 19, pursuing an accounting degree (34:30) - Fujitsu, Horizon, and the disgusting postal worker prosecution failure by the UK government (48:41) - Blake checks in on the live chat (53:19) - Going Concern: Wyoming firm faces staffing shortage in critical government audits (56:49) - Download Earmark. Earn free CPE for listening Show Notes Arizona CPA Society releases 150-hour survey results https://www.ascpa.com/news/ddf50a1e-70cc-4d5b-9e00-cc9c5f82c17e:az-cpa-januaryfebruary-2024 How Deloitte missed a massive Nigerian company fraud https://www.forbes.com/sites/brandonkochkodin/2024/01/10/how-auditor-deloitte-missed-a-nigerian-companys-massive-fraud/?sh=49b6cce059f4 Tsunami miracle baby now majoring in accounting https://www.nst.com.my/news/nation/2023/12/994163/tsunami-miracle-baby-now-19-pursues-accounting-degree-nsttv Only two firms in Wyoming can do government audits, and one can’t do its job https://www.goingconcern.com/there-are-only-two-firms-in-wyoming-that-can-do-government-audits-and-one-cant-do-its-job-because-of-staff-shortages/ There Are Only Two Firms in Wyoming That Can Do Government Audits and One Can’t Do Its Job Because of Staff Shortages https://www.goingconcern.com/there-are-only-two-firms-in-wyoming-that-can-do-government-audits-and-one-cant-do-its-job-because-of-staff-shortages/ Revealed: The Fujitsu fat cats who pocketed huge salaries while its flawed Horizon accounting system ruined... https://www.dailymail.co.uk/news/article-12948671/The-Fujitsu-fat-cats-pocketed-huge-salaries-flawed-Horizon-accounting-ruined-lives-thousands-postmasters-wrongly-accused-stealing-Post-Office-emerges-charge-government-contracts.html What should accounting technology providers learn from the Post Office Horizon scandal? https://www.accountancyage.com/2024/01/09/what-should-accounting-technology-providers-learn-from-the-post-office-horizon-scandal/ Plans to legislate for resolution of Post Office accounting scandal https://www.accountancydaily.co/plans-legislate-resolution-post-office-accounting-scandal Post Office under criminal investigation for potential fraud over Horizon scandal https://www.theguardian.com/uk-news/2024/jan/05/post-office-criminal-investigation-potential-horizon-accounting-fraud Some 86 people have seen their convictions for false accounting and theft overturned https://curated.tncontentexchange.com/partners/afp/the-firm-created-faulty-accounting-software-that-saw-subpostmasters-wrongly-convicted-of-theft/image_383af729-fda2-517c-b5ff-85afffefb214.html UK police launch fraud inquiry over post office IT scandal https://www.themountaineer.com/news/national/uk-police-launch-fraud-inquiry-over-post-office-it-scandal/article_72e76f8b-7e6f-55ad-9605-93183aefb01e.html How the Post Office’s Horizon system failed: a technical breakdown https://www.theguardian.com/uk-news/2024/jan/09/how-the-post-offices-horizon-system-failed-a-technical-breakdown Bad software sent postal workers to jail, because no one wanted to admit it could be wrong https://www.theverge.com/2021/4/23/22399721/uk-post-office-software-bug-criminal-convictions-overturned Post Office warned of software flaw in 2006, but failed to alert subpostmaster network https://www.computerweekly.com/news/252514110/Post-Office-warned-of-software-flaw-in-2006-but-failed-to-alert-subpostmaster-network Post Office spunks fresh £36m on Fujitsu after cloud fail https://www.thestack.technology/post-office-fujitsu-extension/ When did the Post Office scandal start? Timeline of key events https://www.thetimes.co.uk/article/when-post-office-scandal-start-happen-timeline-of-key-events-2q23bhm2c Briefing presumption that comp...

Jan 17, 2024

Blake and David meet up with TJ Lewis and Aaron Van Ruler from Rightworks about their new AI tool called Spark, built specifically for accountants on top of ChatGPT. They discuss how Spark helps accounting professionals by providing industry-specific content, tools, and assistants to enhance efficiency and expertise. TJ and Aaron also share details on Spark's capabilities, roadmap, and potential integration with other Rightworks products. Meet Our Guests TJ Lewis, Innovation Strategist, Rightworks LinkedIn: https://www.linkedin.com/in/tj-lewis/ Aaron Van Ruler, Innovation Strategist, Rightworks LinkedIn: https://www.linkedin.com/in/avanruler/ Learn more about Rightworks https://ai.rightworks.com/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jan 12, 2024

Blake throws his hat into the ring for President and CEO of NASBA! Hear how he intends to shake things up should he be chosen! Next, Blake and David unpack a survey on the surprisingly low tax-preparer fees across the country, discuss the headaches still posed by interstate CPA licensing, and consider some solutions like modeling CPA reciprocity rules! Grab some snacks and enjoy! Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Uncat - http://accountingpodcast.promo/uncat Bookkeep - http://accountingpodcast.promo/bookkeep Chapters (00:00) - How Much Tax Preparers Charge (01:24) - Blake applied to be the new NASBA President and CEO (09:02) - David's customer experience at a Publix's grocery store (11:12) - National Association of Tax Professionals 2023 survey results (18:00) - What type of returns are they doing? (23:23) - How do tax preparers operate? (24:39) - How do tax preparers price? (27:45) - Now lets talk about business tax returns (32:09) - When do tax preparers get paid? (51:04) - What work went unbilled? (55:05) - Type of services offered (55:34) - Average wages for tax employees (56:15) - Blake checks in with the live stream (59:21) - Daryl asks for career advice (01:05:03) - New TurboTax ad doesn't shy away from "free" claim (01:06:17) - Listener email on reciprocity (01:18:45) - Wrap up and where to reach us Show Notes Intuit TurboTax's 2024 "Make Your Moves Count" Campaign Highlights Its Tax Experts, AI Technology and Filing Solutions Ensuring the Best Tax Outcome for All Types of Filers TurboTax Free Edition 2024 Commercial "Free Connoisseur" (Official TV Ad :30) NATP 2023 Tax Professional Fee Study Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Royalwise - https://royalwise.com/partner Forwardly - https://www.forwardly.com/ LiveFlow Event - https://www.liveflow.io/events/greg-kyte-event REFRAME WORKSHOP - https://www.reframe2024.com/ Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jan 5, 2024

In this 2023 wrap-up, Blake and David discuss an appeals court ruling that audit reports are so generic they are essentially useless to investors. They also explore the concept of "productivity theater" where employees pretend to be constantly working, even though it leads to disengagement and burnout. Continuing the theme, they contemplate why mandatory weekend work persists and share ideas on how firms can improve work-life balance. Rounding out the discussion, they offer up some career advice to accounting students on finding fulfilling roles and avoiding common traps such as extreme overwork. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho Earmark - https://earmarkcpe.promo/EarmarkMediaKit Chapters (00:21) - David will get an Earmark tattoo at 100,000 subscribers (04:19) - Slack survey reveals forced overtime reduces productivity (07:43) - Remote workers' surveillance (10:23) - Mandatory Saturdays going away (16:18) - What is keeping firms up at night? (21:45) - What percentage of firms are filing tax extensions for their clients (23:53) - A junior accounting student asks for some advice (29:55) - Appeals court rules audit report is immaterial (35:05) - SPACs accounted for at least 21 bankruptcies and $46 billion lost in 2023 (39:57) - The importance of finding and making your own work/life balance (48:49) - Back to advice for younger accountants entering the profession (57:48) - An accountant has a breakdown at the airport (59:50) - Thanks for listening and remember to subscribe Show Notes Turning staff into workaholics makes them way less productive | Fortune Burned Investors Ask ‘Where Were the Auditors?’ A Court Says ‘Who Cares?’ - WSJ Accounting in 2024: The year ahead in numbers Full PDF of study is here: https://www.accountingtoday.com/research-report/optimism-abounds-but-people-problems-persist SPAC companies accounted for at least 21 bankruptcies this year and a staggering $46 billion in lost investor value | Fortune Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Royalwise - https://learn.royalwise.com/ Forwardly - https://www.forwardly.com/ LiveFlow Event - https://www.liveflow.io/events/greg-kyte-event Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Dec 28, 2023

Just in time for the holidays, Blake and David examine the accounting professor from NYU who charged Trump nearly $900,000 for expert testimony. They also tackle issues around accountant retention and turnover, tax updates, the financial operations of Hamas, as well as Hunter Biden's indictment on tax charges, and tips for using spreadsheets in filmmaking and other creative projects. All this and more to keep you entertained while you wrap those last-minute gifts! Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Earmark - https://earmarkcpe.promo/EarmarkMediaKit Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (00:38) - Who knew being an expert witness paid so well (06:49) - Former Wall Street accountant leaves profession to become an escort and exotic dancer (09:43) - Illinois retention survey (17:27) - Has AI job replacement theory reached mainstream? (18:37) - Why employees resign (21:02) - Accounting rules and the supply of accountants (25:00) - FASB announces new rules for cryptocurrencies (26:14) - IRS expanding their modernization efforts for technology (27:55) - FinCEN updates a new service opportunity for accountants (34:27) - Former Jaguars employee accused of stealing over $22 million (39:30) - Nikola founder sentenced to prison for fraud (43:17) - 64% of employees waste time due to lack of deadlines (45:27) - EY laying off US partners (48:35) - EY names Janet Truncale first female global CEO of big 4 firm (49:27) - The IRS plans reorg at the highest leadership levels (50:09) - Israel and the US knew of Hamas bank account (54:07) - Hunter Biden's indictment (58:29) - All Sorts director demonstrates how he uses spreadsheets (01:02:14) - Wrap up and where to reach us Show Notes Trump PAC paid for expert witness testimony in NY civil fraud trial https://www.nbcnews.com/politics/donald-trump/trump-pac-paid-expert-witness-testimony-ny-civil-fraud-trial-rcna128804 EY Is Laying Off U.S. Partners Amid Tough Economic Conditions – WSJ https://www.wsj.com/articles/ey-is-laying-off-u-s-partners-amid-tough-economic-conditions-9efc4aa6 Accounting Rules and the Supply of Accountants by Anthony Le :: SSRN https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4666335 Righting Retention - Insight Special Feature https://www.icpas.org/information/professional-issues/talent-retention Stripper and escort rakes in $34k per week catering to Wall Street https://nypost.com/2023/12/18/business/stripper-and-escort-rakes-in-34k-per-week-catering-to-wall-street/ FinCEN ramps up guidance as beneficial ownership requirements looms | Accounting Today https://www.accountingtoday.com/opinion/fincen-ramps-up-guidance-as-beneficial-ownership-requirements-fast-approach Trevor Milton Gets Four Years in Prison for Deceptions on Zero-Emission Trucks https://www.wsj.com/us-news/law/trevor-milton-lied-about-nikolas-zero-emission-trucks-is-that-worth-a-decade-in-prison-ae35ce40 64% of Employees Waste Hours Due to Lack of Deadlines | CFO https://www.cfo.com/news/64-of-employees-waste-hours-due-to-lack-of-deadlines/702774/ IRS Expands Business Tax Account Tool To Include S Corps And Partnerships https://www.forbes.com/sites/kellyphillipserb/2023/12/18/irs-expands-business-tax-account-tool-to-include-s-corps-and-partnerships/ Israel Found the Hamas Money Machine Years Ago. Nobody Turned It Off. https://www.nytimes.com/2023/12/16/world/europe/israel-hamas-money-finance-turkey-intelligence-attacks.html?smid=nytcore-ios-share&referringSource=articleShare Hunter Biden Charged With Evading Taxes on Millions From Foreign Firms https://www.nytimes.com/2023/12/07/us/politics/hunter-biden-indictment.html Former Jaguars employee accused of stealing over $22 million – ESPN https://www.espn.com/nfl/story/_/id/39059710/former-jaguars-employee-accused-stealing-22-million EY names Janet Truncale as first female global CEO of Big Four firm | Accounting Today https://www.accountingtoday.com/articles/ey-names-janet-truncale-as-first-female-global-ceo-of-big-four-firm NY AG disputes Trump expert’s GAAP analysis https://www.cfodive.com/news/gaap-holds-spotlight-final-stretch-250m-trump-civil-fraud/702327/ Hunter Biden Indicted On Criminal Tax Charges In California https://www.forbes.com/sites/kellyphillipserb/2023/12/08/hunter-biden-indicted-on-criminal-tax-charges-in-california/ Hunter Biden Charged with Tax Crimes in Los Angeles https://www.cpapracticeadvisor.com/2023/12/11/hunter-biden-charged-with-tax-crimes-in-los-angeles/98977/ Trump's accounting expert trashes NY's 'absurd' fraud case https://www.accountingtoday.com/articles/trumps-expert-accounting-witness-trashes-nys-absurd-fraud-case-in-court-clash Donald Trump returns to court, lauds his defense expert who sees no evidence of accounting fraud

Dec 22, 2023

Keila Hill-Trawick joins Blake and David to discuss her philosophy on intentionally building a firm to the "right" size, rather than pursuing endless revenue growth. She also explains how her firm narrowed its service offerings to focus on core recurring services like tax planning and fractional CFO work. Blake and David examine research on how much money Americans think they need annually to be happy, with millennials citing much higher targets. They also talk about an accounting reference in the new Trolls movie and the need for more diverse and positive CPA portrayals in media. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Earmark - https://earmarkcpe.promo/EarmarkMediaKit Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (00:31) - Keila Hill-Trawick joins the show (07:38) - How did you decide to cut back on services your firm offered? (09:50) - What core services do you offer? (12:10) - Do you help clients set up the services you don't offer? (13:30) - What does your current team look like and how did you build it? (17:10) - What are you charging clients? (20:39) - How many clients does each employee handle and will that change with technology? (23:25) - What's the ultimate goal? (28:32) - Berkshire Hathaway lawsuit (38:58) - SmileDirectClub declares bankruptcy (45:44) - Thoughts on accountants doing IT audits (51:10) - How much money do Americans need to be happy? (01:04:31) - Accounting reference in the newest Trolls movie (01:07:38) - Wrap up and how to reach Keila Show Notes What’s Behind Warren Buffett’s Fight With a Truck-Stop Mogul – WSJ https://www.wsj.com/business/warren-buffett-berkshire-hathaway-jimmy-haslam-pilot-lawsuit-70ef0413 Trolls movie CPA https://www.linkedin.com/posts/jacob-g-5819b780_went-to-see-the-new-trolls-movie-with-my-activity-7134882587042320384-RC32 Warren Buffett's Berkshire Hathaway sued by Haslam family over Pilot truckstop chain takeover https://cdllife.com/2023/haslam-family-sues-pilot-majority-owner-berkshire-hathaway-over-accounting-practices/ Bankrupt SmileDirectClub shuts down, says its ‘Lifetime Smile Guarantee’ is canceled - but Smile Pay users are expected to keep paying https://fortune.com/2023/12/11/bankrupt-smiledirectclub-shutting-down/ Meet our Guest, Keila Hill-Trawick Website : http://www.littlefishaccounting.com/ LinkedIn : https://www.linkedin.com/in/keilahilltrawick Twitter : https://twitter.com/littlefishcpa Instagram : https://www.instagram.com/littlefishaccounting/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Royalwise - https://learn.royalwise.com/ Forwardly - https://www.forwardly.com/ Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Dec 21, 2023

Lexy Kessler, National Pipeline Advisory Group (NPAG) chair and Sue Coffey, Chief Executive Officer – Public Accounting with AICPA join us for a special bonus episode to address the accounting talent crisis and talk about how we can improve the CPA pipeline. Along with these issues, they also emphasize the importance of working together as a profession, being data-driven in their approach, and looking at the broader ecosystem of accounting, with updates and more comprehensive strategies expected to be detailed in the NPAG draft national strategy plan in May 2024. Meet Our Guests Lexy Kessler, Chair - National Pipeline Advisory Group (NPAG) Website: https://www.accountingpipeline.org/ LinkedIn : https://www.linkedin.com/in/lexykessleraprio/ Susan S. Coffey, CPA, CGMA - CEO – Public Accounting at the Association of International Certified Professional Accountants Website : https://www.aicpa-cima.com/resources/article/susan-s-coffey-cpa-cgma Learn more about the National Pipeline Advisory Group (NPAG) https://www.accountingpipeline.org/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Dec 13, 2023

Blake and David discuss Intuit's announcement that QuickBooks Desktop will no longer be sold as new subscriptions after July 2024. They also talk about the need for changes in the accounting profession, such as simplifying financial reporting requirements and revising the 150-hour rule. In other news, they cover sanctions against China-based accounting firms, incorrect IRC claims by businesses, and the Adidas-Kanye West fallout. They also explore how AI can help explain complex concepts to clients clearly and accurately. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Relay - https://cloudaccountingpodcast.promo/relay Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (01:13) - Accounting has been in the news a lot recently (04:03) - QuickBooks Desktop is dead (11:32) - Blake's thoughts from The Digital CPA Conference (16:24) - CPA Journal - eliminate the 150-hour rule (18:32) - The Accountant 2 film confirmed (21:11) - Blake went to Kentucky (22:46) - The PCAOB sanctioned 3 China-based firms (25:40) - The IRS sends 20,000 letters regarding ERC claims (30:09) - Kanye West and Adidas fallout (38:48) - Earmark updates and the IRS releasing taxpayer business accounts (40:55) - CFO.com: 61% of finance executives are not using AI (45:01) - Can AI trim years off of the partner path? (46:32) - The traditional CPA firm structure (50:17) - Blake asks AI to explain basis to a non-accountant (56:34) - AccountingWeb tricks to help detect AI-written articles (59:16) - Wrap up and how to reach us Show Notes Twitter: Any good plain-English way to explain basis? https://x.com/wtfoote/status/1725193933410668755?s=12 61% of Finance Execs Not Using AI Yet: Weekly Stat | CFO https://www.cfo.com/news/artificial-intelligence-implementation-adoption-gartner-survey/699082/ The Yeezy standard for accounting | Financial Times https://www.ft.com/content/8b094370-f7e7-492b-b56d-6c0096be7784 BST & Co. Got Sick of Hounding Rudy Giuliani to Pay His Bill So Now They’re Suing Him https://www.goingconcern.com/bst-co-got-sick-of-hounding-rudy-giuliani-to-pay-his-bill-so-now-theyre-suing-him/ PCAOB sanctions three Chinese firms, including PwC affiliates https://www.accountingtoday.com/news/pcaob-sanctions-three-chinese-firms-including-pwc-affiliates The Accounting Profession Is in Crisis https://www.cpajournal.com/2023/12/01/the-accounting-profession-is-in-crisis/ BREAKING NEWS: QuickBooks Desktop Product Changes https://insightfulaccountant.com/accounting-tech/general-ledger/breaking-news-quickbooks-desktop-product-changes/ What Can the Profession Do? https://www.cpajournal.com/2023/12/04/what-can-the-profession-do/ Supreme Court could make massive tax impact — or none at all https://www.accountingtoday.com/news/supreme-court-to-hear-arguments-in-moore-v-u-s Billionaire Tax Rests on a Disputed $14,729 Refund at the Supreme Court https://www.cpapracticeadvisor.com/2023/12/04/billionaire-tax-rests-on-a-disputed-14729-refund-at-the-supreme-court/98782/ Some of the Big 4 consulting giants already think AI could trim years off the path to partner https://fortune.com/2023/12/04/big-4-consulting-giants-pwc-kpmg-ai-trim-years-path-partner/ Opioid trust transparency questioned after accounting firm choice https://www.thecentersquare.com/pennsylvania/article_c7977d42-9515-11ee-8bd6-3b90276d4b6b.html Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ...

Dec 6, 2023

Blake and David discuss updates from the AICPA's Talent Pipeline Committee, including surprises about the high dropout rate of accounting majors in college. They also explore new custom AI capabilities in ChatGPT that allow users to create specialist bots and speculate on applications for accounting firms. They also cover lawsuits alleging Hollywood accounting tricks used by Disney to deprive financial partners of profits. Grab some snacks and enjoy! Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Earmark - https://earmarkcpe.promo/EarmarkMediaKit Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (01:34) - NASBA is hiring a new COO (05:33) - What we'll cover on this week's show (07:19) - AICPA talks about the pipline issues on Accounting Today's podcast (13:34) - Blake checks in on the live chat (22:15) - Two vastly different articles on CPAjournal.com about how to solve the accountant shortage (31:06) - Making the CPA more accessible (42:12) - Blake demonstrates OpenAI's new custom GPT maker (54:39) - Disney sued for "Hollywood Accounting" methods (01:01:14) - Thanks for listening and how to reach us Show Notes NASBA Begins Search for New President and CEO | NASBA https://nasba.org/blog/2023/11/28/nasba-begins-search-for-new-president-and-ceo/ Rethinking the 150-Hour Requirement for CPA Licensure - The CPA Journal https://www.cpajournal.com/2023/11/27/rethinking-the-150-hour-requirement-for-cpa-licensure/ The Accounting Pipeline - The CPA Journal https://www.cpajournal.com/2023/11/22/the-accounting-pipeline/ Disney sued over accounting by film financiers https://www.cfobrew.com/stories/2023/08/29/disney-sued-by-film-financiers A pipeline progress report https://www.accountingtoday.com/podcast/a-progress-report-on-accountings-pipeline-problem Rethinking the 150-Hour Requirement for CPA Licensure https://www.cpajournal.com/2023/11/27/rethinking-the-150-hour-requirement-for-cpa-licensure/ Accounting Education Disrupted https://www.cpajournal.com/2023/11/21/accounting-education-disrupted/ KPMG, Deloitte Ask Staff to Use Burner Phones for HK Visits: FT https://news.bloombergtax.com/financial-accounting/kpmg-deloitte-ask-staff-to-use-burner-phones-for-hk-visits-ft Deloitte and KPMG encourage use of burner phones in Hong Kong https://uk.finance.yahoo.com/news/deloitte-kpmg-encourage-burner-phones-101802848.html NASBA starts search for CEO successor https://www.accountingtoday.com/news/nasba-starts-search-for-ceo-successor Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Royalwise - https://learn.royalwise.com/ Forwardly - https://www.forwardly.com/ Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 29, 2023

Blake and David sort through the listener mailbag to find out what you think! Amongst the letters, we’ve got opinions on accounting without assurance and the industry talent crisis, as well as potential unethical practices by some tax experts, and the need for accrediting standards for accounting programs. Blake and David also address the complex nature of the taxation system and emphasize the need for industry-wide changes to address ethical dilemmas. Join us to hear all this and so much more! Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay Zoho - http://accountingpodcast.promo/zoho Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (00:30) - Welcome to the show and what we'll cover (07:14) - Trump's legal team again blaming accountants for faulty financial statements (08:54) - Anthony writes in about compilations (13:51) - Nathan writes in to suggest more people contract audit work (16:03) - Chris asks some questions about the BDO ESOP episode (19:29) - Cheryl writes in about the 150-hour requirement (23:27) - Kurt asks about the disparity between accounting graduate programs (28:40) - Ryan tells a story of a client getting awful advice from a TurboTax Live employee (35:00) - Digitial Accountants asks why so many tax clients want to push the envelope too far with tax returns and the IRS (38:57) - Listener gives some insights on why academia is filled with the professors it has (56:00) - A UK accounting firm has client data leaked after being hacked (01:01:19) - The University of Arionza is missing $240 million (01:05:18) - QuickBooks ProAdvisor badges and changes (01:12:25) - Wrap up and remember you can earn free CPE from listening to this podcast Show Notes A cyberattack on a U.K. accounting firm wound up leaking U.S. ... https://www.databreaches.net/a-cyberattack-on-a-u-k-accounting-firm-wound-up-leaking-u-s-patient-data-now-what/ Reimagined ProAdvisor Program Goes Live Today https://insightfulaccountant.com/accounting-tech/general-ledger/reimagined-proadvisor-program-goes-live-today/ Always Something University and UofA $240-million accounting mistake https://sports360az.com/always-something-university-and-uofa-240-million-accounting-mistake/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Royalwise - https://learn.royalwise.com/ Forwardly - https://www.forwardly.com/ Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 22, 2023

We're back from QuickBooks Connect 2023 with announcements, updates, new features, and improvements in QuickBooks Online. Also, EY got fined $3 million for cheating on ethics exams, and 42 percent of firms are turning away work due to staff shortages. Finally, we discuss the disruption of Alphabet's main search business by Microsoft, Amazon, and Apple in the AI-powered assistant space. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - https://cloudaccountingpodcast.promo/zoho Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (00:32) - Blake and David are back from QuickBooks Connect (06:44) - New QuickBooks features announced at QuickBooks Connect (07:31) - QuickBooks Ledger (09:53) - Expanded roles and permissions in QBO (10:22) - QuickBooks Payroll cost allocations (11:29) - Chart of Accounts templates (12:32) - Changes to ProAdvisor Program (13:14) - Now you can copy QBO files to a sandbox (16:26) - Blake's AI session at QuickBooks Connect (24:54) - Blake will be giving a webinar on AI on Earmark's Webinars+ (27:40) - EY Texas gets a $3 million penalty for cheating on ethics exams (34:42) - 46% of EY audits in 2022 had flaws (37:54) - What numbers do investors care about? (41:47) - PCAOB says they have doubled their fines in recent years (43:42) - More cities are struggling with ERP rollouts (45:04) - Zoho introduces practice management software for accountants (46:52) - Tech Radar's top laptops for accountants (48:11) - Intuit updates their tax software and shuts down Mint (55:36) - 42% of accountants turn down work over staff shortages (57:58) - ClientHub introduces AI-enabled email integration (59:31) - 3 AI-based accounting companies raise a lot of money (01:08:55) - Is Google/Alphabet in trouble? (02:09) - 31 Wrap up and thanks for listening Show Notes Intuit rolls out bevy of new features for the next tax season | Accounting Today https://www.accountingtoday.com/news/intuit-rolls-out-bevy-of-new-features-for-the-next-tax-year New product innovations at announced at QuickBooks Connect help accountants drive small business growth https://www.firmofthefuture.com/quickbooks-connect/new-product-innovations/ PCAOB fines doubled in recent years | Accounting Today https://www.accountingtoday.com/news/pcaob-fines-doubled-in-recent-years Accounting firms hit with record US fines over audit failures https://www.ft.com/content/25a65a49-4b94-4a80-82d8-435616a78f27 SURVEY: 42% of Accountants Turn Away Work Over Staff Shortages - CPA Trendlines https://cpatrendlines.com/2023/11/09/survey-48-of-accountants-turn-away-work-over-staff-shortages/ Black Ore Emerges from Stealth with $60 Million in Funding to Bring AI to Financial Services https://www.blackore.ai/articles/black-ore-emerges-from-stealth-with-60-million-funding Launching Zoho Practice: The Ultimate Practice Management Software https://www.zoho.com/blog/general/launching-zoho-practice.html Bill Holdings Is Said to Near $1.95 Billion Deal for Melio https://www.bloomberg.com/news/articles/2023-11-08/bill-holdings-is-said-to-near-1-95-billion-deal-for-melio Bill Holdings stock sinks amid report of $1.95B deal talks for Melio ... https://seekingalpha.com/news/4033680-bill-holdings-sinks-amid-report-of-195b-deal-talks-for-melio-payments Bill Holdings denies media report on Melio deal https://www.reuters.com/markets/deals/bill-holdings-nears-195-billion-payments-deal-melio-bloomberg-news-2023-11-08/ Puzzle secures $30m for revolutionary AI-powered accounting ... https://fintech.global/2023/11/15/puzzle-secures-30m-for-revolutionary-ai-powered-accounting-platform/ EY Gets $3 Million Penalty by Texas Board of Public Accountancy https://www.cpapracticeadvisor.com/2023/11/13/ey-gets-3-million-penalty-by-texas-board-of-public-accountancy/97576/ Bill's stock bounces after denial of report it was pursuing a $2 billion ... https://www.marketwatch.com/story/bills-stock-bounces-after-denial-of-report-it-was-pursuing-a-2-billion-cash-and-stock-buyout-of-melio-payments-7562580b Black Ore Raises $60 Million and Debuts AI Tool for Accountants https://www.pymnts.com/news/investment-tracker/2023/black-ore-raises-60-million-dollars-debuts-artificial-intelligence-tool-accountants/ New Products at QuickBooks Connect Help Accountants Drive Small ... https://www.cpapracticeadvisor.com/2023/11/14/new-products-at-quickbooks-connect-help-accountants-drive-small-business-growth/97644/ St. Louis comptroller said prior mayor wanted new accounting ... https://www.stltoday.com/news/local/government-politics/st-louis-comptroller-said-prior-mayor-wanted-new-accounting-system-but-she-voted-for-it/article_8afa54ca-8275-11ee-9673-efc459761629.html Intuit QuickBooks Unveils New Product Innovations at QuickBooks Connect that Help Accountants Drive Small Business Growth

Nov 18, 2023

CPA Exam prep rockstars Peter Olinto and Roger Philipp join Blake and David to discuss the evolution of the CPA Exam over time, the importance of making studying entertaining, and challenges facing the accounting profession like public accounting burnout. Both Olinto and Philipp believe competition between CPA review courses drives innovation and helps students pass the exam, and they aim to make studying engaging through humor, memory techniques, and technology. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Chapters (00:38) - Where did you learn to make CPA exam prep entertaining? (05:18) - Do you have any nightmare CPA exam stories? (10:45) - What does the current CPA exam look like and what's changing in 2024? (14:33) - Do you think the CPA exam changes will help the pipeline? (17:18) - Have CPA exam pass rates gone up with the 5th-year requirement? (20:05) - How did you both get involved with UWorld? (23:05) - Advice for accountants struggling to balance studying with their work and lives (29:30) - How are you dealing with reduced attention spans (36:37) - Do you tell students to diet and exercise as part of exam prep? (42:11) - Peter's famous coffee offer (43:07) - Why do you think young accountants are leaving the profession? (51:19) - The problem with work-life balance versus billable hours (59:15) - Wrap up and where to find out more about UWorld Meet Our Guests: Peter Olinto LinkedIn : https://www.linkedin.com/in/peter-olinto-5966586b/ Twitter : https://twitter.com/peterolinto?lang=en Roger Philipp, CPA, CGMA LinkedIn : https://www.linkedin.com/in/rogerphilipp/ Twitter : https://twitter.com/rogercpa?lang=en Show Notes https://newsroom.uworld.com/story/uworld-launches-all-new-cpa-exam-review-product-to-prepare-candidates-for-the-2024-cpa-evolution/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 11, 2023

Listen to the full Unofficial QuickBooks Accountants Podcast here: https://share.transistor.fm/s/5586a16e Earmark Media Presents a bonus episode of Unofficial QuickBooks Accountants Podcast. Hector and Alicia dig into all the details and speculation around Intuit's newest cloud accounting product QuickBooks Ledger. Is it an affordable option for write-up clients or an over-hyped limited edition QBO? Listen to the full Unofficial QuickBooks Accountants Podcast here: https://share.transistor.fm/s/5586a16e Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.com Links/Apps Mentioned in this episode: Hector's App - RightTool www.righttool.app Alicia's Training - RoyalWise http://royl.ws/uqapodcast QuickBooks Connect Conference: www.quickbooksconnect.com Firm of the Future: www.firmofthefuture.com

Nov 9, 2023

Blake and David examine the downfall of FTX and founder Sam Bankman-Fried and look at some controversies around Deloitte auditors backdating audit paperwork in Canada, receiving only a minor fine. They also marvel at Donald Trump's attempt to blame accountants for alleged financial statement fraud in his organization. All this, and other news including NASBA's CEO's upcoming retirement, IRS budget cut updates, and generational differences around public accounting work environments. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Relay - https://cloudaccountingpodcast.promo/relay Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (00:39) - Blake is back from Maryland where he gave a talk on AI and accounting (04:05) - CPA Journal uses bad AI to draw conclusions on AI's future in accounting (10:21) - Guinness Stout might not exist without taxes (13:33) - Jeff Bezos is moving to Miami (17:12) - Over 2/3 of Ohio CPAs are 50 or older (22:47) - Sam Bankman-Fried found guilty (24:19) - WeWork files for bankruptcy (30:17) - Trump trial updates: Donald Trump takes the stand (41:08) - CPA Ontario fines Deloitte (47:23) - IRS budget cut again (52:57) - NASBA CEO Ken Bishop plans to retire (54:25) - BDO and other firms becoming ESOPs (56:16) - Expensify closes their longue in SF (01:00:18) - We're going to QuickBooks Connect (01:01:06) - Blakes shares Instagram clip of street CPA interview (01:03:00) - Wrap up and how to earn free CPE for listening to this podcast Show Notes House passes Israel aid tied to IRS cuts, triggering Biden clash | Accounting Today https://www.accountingtoday.com/articles/house-passes-israel-aid-tied-to-irs-cuts-triggering-biden-clash New York accounting firm Grassi announces ESOP | Accounting Today https://www.accountingtoday.com/news/new-york-accounting-firm-grassi-announces-esop Trump’s Sons Cast the Blame for Fraud on Their Company’s Accountants https://www.nytimes.com/2023/11/02/nyregion/eric-trump-donald-jr-fraud-trial.html?smid=nytcore-ios-share&referringSource=articleShare NASBA CEO Ken Bishop plans to retire | Accounting Today https://www.accountingtoday.com/news/nasba-ceo-ken-bishop-plans-to-retire IG reel: Good salary BUT don’t become a CPA https://www.instagram.com/reel/CzCgptfpjmv/ Can Artificial Intelligence Become an Accounting Expert? - The CPA Journal https://www.cpajournal.com/2023/10/24/can-artificial-intelligence-become-an-accounting-expert-2/ Deloitte Auditors Got Caught Changing Their Computer Clocks to Backdate Workpapers https://www.goingconcern.com/deloitte-auditors-got-caught-changing-their-computer-clocks-to-backdate-workpapers/ Ohio floats plan to recruit more CPAs https://www.accountingtoday.com/news/ohio-floats-plan-to-recruit-more-cpas WeWork, once valued at $47 billion, files for bankruptcy https://www.cnbc.com/2023/11/07/wework-files-for-bankruptcy.html Here's how much WeWork co-founder Adam Neumann made before the company's bankruptcy https://www.cnbc.com/2023/11/07/heres-how-much-wework-founder-adam-neumann-got-before-bankruptcy.html Sam Bankman-Fried found guilty on all seven criminal fraud counts https://www.cnbc.com/2023/11/02/sam-bankman-fried-found-guilty-on-all-seven-criminal-fraud-counts.html Amazon founder Jeff Bezos is leaving Seattle for Miami https://www.cnbc.com/2023/11/03/amazon-founder-jeff-bezos-is-leaving-seattle-for-miami.html Ohio Society of CPAs Develops Action Plan Aimed at Talent Shortage https://www.cpapracticeadvisor.com/2023/11/06/ohio-society-of-cpas-develops-action-plan-aimed-at-talent-shortage/97271/ Billions still lost through bad accounting, says auditor general https://mg.co.za/business/2023-11-03-billions-still-lost-through-bad-accounting-says-auditor-general/ Eric Trump testified over and over again he had nothing to do with his dad’s accounting. Then he was shown his own emails https://fortune.com/2023/11/03/eric-trump-testifies-fraud-trial-never-worked-donald-financial-statements-emails-testimony-involvement/ Former FTX CEO found guilty of fraud https://www.bankingdive.com/news/former-ftx-ceo-sam-bankman-fried-found-guilty-7-counts-fraud-conspiracy/698555/ House Passes Israel Aid Bill Tied to IRS Cuts https://www.cpapracticeadvisor.com/2023/11/02/house-passes-israel-aid-bill-tied-to-irs-cuts/97224/ Jeff Bezos: Leaving Seattle and Embracing Miami https://www.smallbiztechnology.com/archive/2023/11/jeff-bezos-leaving-seattle-and-embracing-miami.html/ Billionaire Amazon founder Jeff Bezos moves to Florida, where his parents live-and capital gains are not taxed https://finance.yahoo.com/news/billionaire-amazon-founder-jeff-bezos...

Nov 2, 2023

An independent audit reveals over $1.4 billion in questionable spending and lack of financial oversight at Maryland's Health Department during the COVID pandemic. We break down the audit's alarming findings, and the response from state officials committed to improving financial practices. Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Nov 1, 2023

A former Vegas hotel manager is accused of stealing over $773,000 in guest refunds and using the money to live lavishly. We unpack how he allegedly pulled off the massive refund scam and what could have been done to catch it sooner. Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 31, 2023

An embezzlement scheme at Aria Hotel costs MGM $770,000, an accounting firm apologizes for paying a staffer below minimum wage, problems with Workday ERP implementations for state and local governments, a spike in accounting enrollment at Purdue University, and tax migration trends between high-tax and low-tax states. Sponsors OnPay - http://accountingpodcast.promo/onpay Zoho - http://accountingpodcast.promo/zoho Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (00:59) - Clarence Thomas and a questionable RV loan (07:03) - Trump trial updates (10:35) - Allen Weisselberg accused of perjury by Forbes (12:38) - Earmark presents a "Federal Tax Updates" webinar on the IRS withdrawal process for ERC claims (14:08) - The complicated way the IRS wants you to complete this process (17:32) - Do Millenials use voice assistants to pay bills? (19:33) - We got a new 5-star review! (21:39) - Roblox and forcing remote workers back to the office (24:58) - Checking in on the live chat (26:07) - Data shows people are relocating to states with lower taxes (29:48) - Liberty Tax loses suit against Better Call Saul (32:27) - All your bank feeds are about to break (33:06) - $770,000 embezzlement at the Aria in Vegas (36:18) - Maryland Department of Health lost track of over $1 billion in COVID funds (37:38) - The City of Baltimore blames Worday for AR problem (42:27) - Grant Thornton apologizes for paying trainee below minimum wage (46:31) - Latest AICPA MAP survey shows no gain in starting accountants' salaries (50:51) - Purdue University sees spike in accounting enrollment (55:02) - Seton Hall launches new master's program in accounting and analytics (57:13) - Thanks for listening! Show Notes Clarence Thomas Didn’t Fully Repay $267,230 Loan for Luxury Motor Home, Senate Report Says - WSJ https://www.wsj.com/politics/policy/clarence-thomas-didnt-fully-repay-267-230-loan-for-luxury-motor-home-senate-report-says-4651d23f?st=3z9ga4dwlcgci2c Accounting firm apologises for paying trainee below minimum wage https://www.efinancialcareers.com/news/2023/10/pay-for-trainee-accountants Audit of Maryland Health Department finds $1.4 billion accounting lapse - The Washington Post https://www.washingtonpost.com/dc-md-va/2023/10/25/maryland-health-department-audit-accounting-lapse/ Justice Thomas’s R.V. Loan Was Forgiven, Senate Inquiry Finds - The New York Times https://www.nytimes.com/2023/10/25/us/politics/clarence-thomas-rv-loan-senate-inquiry.html?smid=nytcore-ios-share&referringSource=articleShare Michael Cohen Testifies Trump Ordered Him to Inflate Wealth - WSJ https://www.wsj.com/politics/policy/michael-cohen-testifies-against-trump-in-civil-fraud-trial-f9bb52c1?st=ep1l5nyp84fsot2 Purdue University sees spike in accounting enrollment | Accounting Today https://www.accountingtoday.com/news/purdue-university-sees-spike-in-accounting-enrollment Trump’s Longtime CFO Lied, Under Oath, About Trump Tower Penthouse https://www.forbes.com/sites/danalexander/2023/10/12/trumps-longtime-cfo-lied-under-oath-about-trump-tower-penthouse/ IRS announces withdrawal process for Employee Retention Credit claims https://www.irs.gov/newsroom/irs-announces-withdrawal-process-for-employee-retention-credit-claims-special-initiative-aimed-at-helping-businesses-concerned-about-an-ineligible-claim-amid-aggressive-marketing-scams Donald Trump Watches as Witness Dismantles His Net Worth Calculations https://www.newsweek.com/donald-trump-watches-witness-dismantles-his-net-worth-calculations-1835556 How an IRS contractor leaked tax data on Donald Trump, Jeff Bezos and Elon Musk | Accounting Today https://www.accountingtoday.com/articles/how-an-irs-contractor-leaked-tax-data-on-donald-trump-jeff-bezos-and-elon-musk Profits and Pay Lag Behind Revenue Gains at CPA Firms - CPA Trendlines https://cpatrendlines.com/2023/10/11/cpa-firm-profits-and-pay-lag-as-revenue-tops-1-million/ 'Better Call Saul' creators beat Liberty Tax's defamation, trademark lawsuit | Reuters https://www.reuters.com/legal/better-call-saul-creators-beat-liberty-taxs-defamation-trademark-lawsuit-2023-09-25/ Crazy Embezzlement Case At Aria Las Vegas: Hotel Manager Refunds $770,000+ To His Debit Card - LoyaltyLobby https://loyaltylobby.com/2023/09/09/crazy-embezzlement-case-at-aria-las-vegas-hotel-manager-refunds-770000-to-his-debit-card/ IRS Announces Special Process For Withdrawing Inappropriate ERC Claims https://www.forbes.com/sites/kellyphillipserb/2023/10/19/irs-announces-special-process-for-withdrawing-inappropriate-erc-claims/ Roblox tells employees they have to come to office three days a week or take severance package https://www.cnbc.com/2023/10/17/roblox-tells-employees-they-have-to-come-to-office-three-days-a-week.html What do young accountants want to do with their lives?

Oct 30, 2023

Today, we are honoring the life of Joshua Lance, CPA, founder of Lance CPA Group, who passed away in October at the age of 40 after a battle with cancer. To commemorate Josh's life, we are playing a eulogy delivered by Kenji Kuramoto at Josh's memorial service this past weekend. Kenji represented the many voices in the accounting profession that Josh was a part of. Kenji shares stories about Josh's humility, thoughtfulness, and influence. Although Josh never sought the spotlight, he became well-known in the accounting world through his steady leadership and generosity of spirit. Josh's presence will be deeply missed in the accounting community. Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 27, 2023

A recent report alleges Supreme Court Justice Clarence Thomas failed to disclose that a $267,000 recreational vehicle loan from a friend was forgiven, raising questions about potential tax issues and scrutiny around the justice's financial practices. Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 25, 2023

Blake and David discuss the factors that impact accountant salaries, including location, experience, and industry, and highlight the correlation between accounting salaries and overall economic conditions, noting that periods of economic growth can lead to higher salaries. They also take a look at the partnership between PwC and OpenAI and speculate on the potential impact of AI on accounting consulting and fraud detection. All this and more, right now! Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho Aero Workflow - http://accountingpodcast.promo/aero Chapters (00:27) - Blake and David are back from SuiteWorld and talk about NetSuite's new AI features (09:31) - Using AI to audit cattle (12:22) - Former Trump CFO, Allen Weisselberg, describes GAAP (14:03) - FTX trial update (17:27) - The "proof of reserves" myth in crypto (20:22) - Are financial statements and audits irrelevant in 2023 (26:45) - QuickBooks is launching bill pay (33:01) - The 150-hour rule is a barrier, not a bar (40:24) - Should CPAs have more specific designations and should bookkeeping require licensure? (43:10) - 3 professors know how to solve the pipeline problem? (46:45) - Some ChatGPT updates (50:44) - PwC partners with OpenAI (55:53) - Xero announces AI with searches (57:38) - Wrap up and where to reach Blake and David Show Notes Bill to compete with Intuit after partnership ends https://www.paymentsdive.com/news/bill-intuit-partnership-embedded-payments-smb-competition-b2b/691269/ BILL Introduces Integrated Financial Operations Platform for Small Businesses https://www.pymnts.com/smbs/2023/bill-introduces-integrated-financial-operations-platform-for-small-businesses/ Intuit Introduces QuickBooks Bill Pay, Expanding Money Platform to Deliver Business-to-Business Payments with AP Automation https://investors.intuit.com/news/news-details/2023/Intuit-Introduces-QuickBooks-Bill-Pay-Expanding-Money-Platform-to-Deliver-Business-to-Business-Payments-with-AP-Automation/default.aspx Intuit Introduces QuickBooks Bill Pay https://thepaypers.com/online-mobile-banking/intuit-introduces-quickbooks-bill-pay--1265038 Is FTX the biggest audit disaster ever? https://www.accountingweb.co.uk/community/blogs/philip-fisher/is-ftx-the-biggest-audit-disaster-ever The mystery of FTX's missing $9B is unraveled https://www.accountingtoday.com/articles/the-mystery-of-ftxs-missing-9b-is-unraveled-at-sbf-trial Bill Unveils Accountant Console for Accountant Partners https://insightfulaccountant.com/accounting-tech/vendor-news/bill-unveils-accountant-console-for-accountant-partners/ Stick with high standards — and 150 hours https://www.accountingtoday.com/opinion/stick-with-high-standards-and-the-150-credit-hour-requirements-for-cpas With annual reports in the hundreds of pages, who has time to run a business? https://www.cityam.com/with-annual-reports-in-the-hundreds-of-pages-who-has-time-to-run-a-business/ PwC partners with ChatGPT creator OpenAI https://www.accountingtoday.com/articles/pwc-offers-advice-from-bots-in-deal-with-chatgpt-firm-openai Avalara Expands Partnership with Oracle NetSuite to Deliver Integrated E-Invoicing Solution https://www.cpapracticeadvisor.com/2023/10/17/avalara-expands-partnership-with-oracle-netsuite-to-deliver-integrated-e-invoicing-solution/96047/ New York AG accuses crypto firms of deceiving investors in $1 billion fraud https://www.cnn.com/2023/10/19/tech/crypto-firms-fraud-charges-new-york/index.html CPA Standoff: Why haven't the other provincial bodies joined the ... https://www.canadian-accountant.com/content/profession/cpa-standoff-other-provincial-bodies Accounting is facing a labor crisis. Could fraud be part of the solution? https://phys.org/news/2023-10-accounting-labor-crisis-fraud-solution.html FTX Used Billions in Customer Funds to Buy Back Binance Stake https://www.coindesk.com/policy/2023/10/19/ftx-used-billions-in-customer-funds-to-buy-back-binance-stake/ Accounting is facing a labor crisis. Could fraud be part of the solution? https://news.ufl.edu/2023/10/accounting-facing-labor-crisis/ Accountants battle software integration frustration https://www.accountingweb.co.uk/tech/accounting-software/accountants-battle-software-integration-frustration Oracle NetSuite Embeds Generative AI Throughout the Suite to Help Organizations Boost Productivity

Oct 19, 2023

NetSuite founder Evan Goldberg discusses the company's 25th anniversary, new AI features like Text Enhance and Customer 360, and his long-term vision for intelligent assistants integrated with NetSuite. Meet Our Guest, Evan Goldberg LinkedIn : https://www.linkedin.com/in/evan-netsuite/ Learn more about NetSuite Website : https://www.netsuite.com/portal/home.shtml Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 18, 2023

Wayne Berson, CEO of BDO USA, joins Blake and guest host, David Leary, on the Earmark Podcast to discuss BDO's recent transition to an employee stock ownership plan (ESOP), making it the first major accounting firm to implement an ESOP structure. They discuss how the ESOP aims to attract and retain talent in the accounting profession and provide employees at all levels with an ownership stake in the firm. Meet Our Guest, Wayne Berson LinkedIn : https://www.linkedin.com/in/wayneberson/ Learn more about BDO Website : https://www.bdo.com/ Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 17, 2023

There’s a lot to digest in this episode! Blake and David discuss Microsoft's $28.9 billion tax bill, and examine a tax-fraud scheme involving art donations. JPMorgan Chase CEO Jamie Dimon predicts that AI advancements will create a shorter workweek in the future. They also look at Xero’s newest features, including improved algorithms for recognizing new contacts and bank reconciliation statements, and talk about Grant Thornton's implementation of Git Assist, an AI tool for accessing internal knowledge resources. All this and so much more, right here, right now! Sponsors Zoho - http://accountingpodcast.promo/zoho Keeper - https://cloudaccountingpodcast.promo/keeper South Carolina Association of CPAs (SCACPA) - http://accountingpodcast.promo/scacpa Chapters (00:35) - The war in Israel and its effect on tech startups (04:36) - Heather Smith sends in an example of an AI language changer she used (06:49) - Arthur Andersen's Chicago house for sale (09:17) - Updates from the FTX, Sam Bankman-Fried trial (15:44) - IRS contractor who leaked tax returns of famous agrees to plea deal (19:03) - Trump trial updates (22:49) - George Santos facing 23 new charges (24:50) - Update on the Canada CPA standoff (26:42) - Nationwide accounting shortage is threatening small towns (27:59) - Number of accounting graduates drop largest percentage in single year since 1985 (31:03) - Workday and the problem with schools rolling out ERP's (38:02) - What pricing lessons accounting firms can learn from ski resorts (42:56) - CFO Brew's survey on remote work (47:27) - IRS says Microsoft owes $28.9 billion in back taxes (51:40) - IRS tax-gap predictions, and scams to watch for in 2022 (54:59) - Jamie Dimon predicts AI will reduce workweeks to 3.5 days (55:56) - Xero announces new AI features (56:49) - Grant Thornton rolls out GT Assist (59:13) - Earn free CPE for listening to this episode and remember to subscribe Show Notes Pool of accounting graduates shrinks, AICPA report finds https://www.journalofaccountancy.com/news/2023/oct/pool-of-accounting-graduates-shrinks-aicpa-report-finds.html Report: Iowa can pay the bills but lacks transparency in its accounting https://blackchronicle.com/midwest/iowa/report-iowa-can-pay-the-bills-but-lacks-transparency-in-its-accounting/ New accounting system causes bill backlog at U of Washington https://www.insidehighered.com/news/quick-takes/2023/10/12/new-accounting-system-causes-bill-backlog-u-washington Grant Thornton launches internal generative AI tool https://www.accountancydaily.co/grant-thornton-launches-internal-generative-ai-tool Art of Accounting: Leaving your job to start your own practice https://www.accountingtoday.com/opinion/art-of-accounting-leaving-your-job-to-start-your-own-practice Arthur Andersen's Winnetka home for sale https://www.chicagobusiness.com/residential-real-estate/arthur-andersens-winnetka-home-sale The SBF Trial is Embarrassing For Crypto Industry https://www.smallbiztechnology.com/archive/2023/10/the-sbf-trial-is-embarrassing-for-crypto-industry.html/ Returning to the office is costing you $51 per day, study finds https://finance.yahoo.com/news/returning-office-costing-51-per-172630839.html Microsoft May Owe $28.9 Billion in Back Taxes to the IRS https://gizmodo.com/microsoft-may-owe-28-9-billion-in-back-taxes-to-the-ir-1850921247 IRS Says Tax Gap For 2021 Expected To Be $688 Billion https://www.forbes.com/sites/kellyphillipserb/2023/10/12/irs-says-tax-gap-for-2021-expected-to-be-688-billion/ How Israel's tech community is responding to the Israel-Hamas war https://www.cnbc.com/2023/10/13/israels-tech-community-responds-to-israel-hamas-war.html Iowa's annual financial report late again; agencies mum on why https://www.bleedingheartland.com/2022/02/02/iowas-annual-financial-report-late-again-agencies-mum-on-why/ Iowa auditor slams governor, state for delays threatening universities https://www.thegazette.com/higher-education/iowa-auditor-slams-governor-state-for-delays-threatening-universities/ UW’s Financial Accounting System https://www.washington.edu/opb/uws-financial-accounting-system/ WSU recognized externally for Workday expertise https://news.wsu.edu/news/2023/07/27/wsu-recognized-externally-for-workday-expertise/ Ohio State drops effort to update student information system https://www.insidehighered.com/news/2022/01/11/ohio-state-drops-effort-update-student-information-system LMU announces Workday Forward; staff reflect on the “abysmal fiasco” of original Workday launch https://www.laloyolan.com/news/lmu-announces-workday-forward-staff-reflect-on-the-abysmal-fiasco-of-original-workday-launch/article_13a1bb8f-fae6-5958-abe4-c090a...

Oct 15, 2023

After a decade-long audit, Microsoft is facing a whopping $29 billion tax bill from the IRS for what the agency claims was an "illusory scheme" to channel profits through Puerto Rico—but with years of appeals ahead, will the tech giant ultimately pay the total amount? Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and Instagram . If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser . Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040. Sponsorships Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . 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 YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcripts The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 11, 2023

Blake and David dig into the use of AI agents in solving problems, emphasizing the effectiveness of assigning different roles to the agents and having them interact with each other to reach satisfactory results. They also discuss the latest accounting news, including the recent arrest of an IRS contractor, the IRS slashing the PTIN fee, ongoing trials, and cyber-attacks. Sponsors Relay - https://cloudaccountingpodcast.promo/relay Keeper - https://cloudaccountingpodcast.promo/keeper Accountests - https://cloudaccountingpodcast.promo/accountests Chapters (00:47) - Don Jr. explains GAAP (04:07) - Stories we'll cover this week (06:13) - WSJ article on why no one is going into accounting (10:30) - New Illinois CPA Society survey (12:42) - The IRS is watching people who resold Taylor Swift tickets (14:11) - Chick-fil-A is testing out robot servers and what accountants can learn in what customers want & expect in restaurants (18:39) - Zoom adds AI companion features (23:58) - FedNow hits milestone (26:07) - Listener mail (34:15) - QuickBooks offers a $50/month assisted bookkeeping service (40:33) - Listener mail: Should I change majors from accounting? (43:17) - FEMA and WGU are alternative ways to earn 150 credits (46:33) - Microsoft using AI to help AI (51:00) - Former IRS contractor charged with leaking billionaire tax filings (55:03) - Trump blaming his former Mazars accountant in fraud trial (59:36) - CPA Canada vs CPA Quebec and CPA Montreal updates (01:01:53) - MGM cyber attack follow up (01:04:16) - WSJ reports Binance is in trouble (01:08:25) - Wrap up and how to reach us Show Notes Chick-fil-A Reportedly Tests Robot Servers Amid Diner Concerns Around Automation https://www.pymnts.com/restaurant-technology/2023/chick-fil-a-tests-robot-servers-amid-diner-concerns-around-automation/ AICPA Endorses Key Legislation Recognizing the Link Between ... https://www.prnewswire.com/news-releases/aicpa-endorses-key-legislation-recognizing-the-link-between-accounting-and-stem-301941029.html Why No One's Going Into Accounting - WSJ https://www.wsj.com/lifestyle/careers/accounting-salary-cpa-shortage-dec2caa2 IRS slashes PTIN fees https://www.accountingtoday.com/news/irs-slashes-ptin-fees New National Research on CPA Pipeline Challenges Underway https://www.cpapracticeadvisor.com/2023/10/05/new-national-research-on-cpa-pipeline-challenges-underway/95453/ IRS contractor charged in leak of billionaire taxpayer info https://www.accountingtoday.com/news/irs-contractor-charged-in-leak-of-billionaire-taxpayer-info-to-news-outlets CPA Standoff: Financial transparency a key issue in national ... https://www.canadian-accountant.com/content/profession/cpa-standoff-financial-transparency-dispute Anthony's Coal Fired Pizza and Wings removes AI ordering platform https://www.pizzamarketplace.com/articles/anthonys-coal-fired-pizza-and-wings-removes-ai-ordering-platform/ FedNow Service Surpasses 100 Participants Since July Launch https://www.pymnts.com/news/faster-payments/2023/fednow-service-surpasses-100-participants-since-july-launch/ 2024 Public Accounting Starting Salary Numbers Are In https://www.goingconcern.com/2024-public-accounting-starting-salary-numbers-are-in/ Clorox Experiences Significant Financial Loss Stemming From Recent Cyber Attack https://blog.knowbe4.com/clorox-cyber-attack-financial-loss CPA Pipeline Research Survey https://intraprise.qualtrics.com/jfe/form/SV_cUSqP1Kalfh58ZE?Source=PRMK 2024 Salary Guide | Robert Half https://www.roberthalf.com/us/en/insights/salary-guide CPA Standoff: Unique regulatory status of CPA Quebec complicates accounting rift https://www.canadian-accountant.com/content/profession/cpa-standoff-ontario-governance-dispute CPA standoff: Ontario government sticks to sidelines in governance dispute https://www.canadian-accountant.com/content/profession/cpa-standoff-ontario-governance-dispute Message from Jerilyn Dressler re: accounting profs lacking real world experience https://mail.google.com/mail/u/0/#inbox/FMfcgzGtxTBWVtqNtvTshjnDnxjTvHJM Trump business fraud trial continues with accountant testimony on 4th day | PBS NewsHour https://www.pbs.org/newshour/amp/politics/trump-business-fraud-trial-continues-with-accountant-testimony-on-4th-day MGM Resorts Refused to Pay Ransom in Cyberattack on Casinos - WSJ https://www.wsj.com/tech/cybersecurity/mgm-resorts-refused-to-pay-ransom-in-cyberattack-on-casinos-3a53fa6d?st=36ug7ec...

Oct 7, 2023

Looking for the best cities to launch your accounting career? This top 10 countdown will highlight the metro areas with the highest demand, abundant jobs, and the most competitive salaries for accountants. Forbes Advisor compiled this list. See the full list here: https://www.forbes.com/advisor/education/top-cities-for-accountants/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Get in Touch Thanks for listening and 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 Apple Podcasts , 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; 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 5, 2023

Sharon Lassar, Ph.D., CPA, and Director of the School of Accountancy at the University of Denver, shares concerns and perspectives on CPA licensure, including the resistance to changing the 150-hour requirement, the challenges of online learning and potential cheating, the impact on the value of the CPA designation, and the need for leadership and action from organizations like the AICPA and NASBA to address these issues and improve the profession. Meet Our Guest: Sharon Lassar, Ph.D., CPA LinkedIn : https://www.linkedin.com/in/sharon-lassar/ Website : https://daniels.du.edu/directory/sharon-lassar/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Oct 3, 2023

Blake and David cover a plethora of topics including positive customer experiences, legal rulings, top cities for accountants, and the pressure on Intuit from major banks. They also dig into the discovery of a large sum of cash at a senator's home, how Trump defrauded the banks, another potential government shutdown, and the accounting talent crisis. All this, and more, right here, right now! Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay Relay - https://cloudaccountingpodcast.promo/relay OhMyFraud - https://ohmyfraud.com Chapters (00:58) - Blake shares a good customer experience at a parking garage (05:14) - CPACharge adds invoice payment directly through app (07:58) - Donald Trump defrauded banks and insurers (14:32) - Intuit pressured by credit card companies and banks to not support gun stores (20:04) - Throwback to Burger King first accepting credit card payments (24:04) - Top cities to be an accountant (29:14) - Bob Menendez and how much cash an average person should keep at home (35:25) - Government shutdown update and predictions (39:30) - Kelly Richmond Pope on the accountant talent crisis (47:28) - The IRS revolving door (51:58) - PCAOB announces new audit rule (55:25) - What accountants can learn from Smucker's hybrid work model (58:35) - Amazon invests $4 billion in Anthropic's Claude (01:00:30) - The Pentagon is using AI to navigate its own bloated policies (01:02:30) - Deloitte CEO says he doesn't deserve his pay (01:04:29) - We need more practical application in accounting classes (01:07:40) - Wrap up and where to reach us 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 Now the Profession Is Losing Experienced Accountants Too https://www.goingconcern.com/accountants-leaving-the-profession/ Nearly 1,000 millionaires haven't filed tax returns https://www.accountingtoday.com/news/nearly-1-000-millionaires-havent-filed-tax-returns Jayapal, Warren Call on IRS to Address Revolving Door Between ... https://jayapal.house.gov/2023/09/28/jayapal-warren-call-on-irs-to-address-revolving-door-between-irs-and-giant-accounting-firms-after-troubling-inspector-general-findings/ What CPAs can learn from Smucker's https://www.accountingtoday.com/opinion/smuckers-sweet-recipe-for-rto-a-blend-of-flexibility-and-focus The top cities in the U.S. to be an accountant https://www.accountingtoday.com/list/the-top-cities-in-the-u-s-to-be-an-accountant Intuit Reverses Ban On Gun-Related Businesses https://www.zerohedge.com/political/intuit-reverses-ban-gun-related-businesses JPMorgan Chase Caught Trying to Block Gun Purchases https://catholicvote.org/jpmorgan-caught-trying-block-gun-purchases/ CPACharge Announces Automated Invoicing, Streamlining Customer Billing Cycle For Accounting Professionals https://finance.yahoo.com/news/cpacharge-announces-automated-invoicing-streamlining-150000639.html As Government Shutdown Appears More Likely, Treasury Releases IRS Contingency Plan https://www.forbes.com/sites/kellyphillipserb/2023/09/28/as-government-shutdown-appears-more-likely-treasury-releases-irs-contingency-plan/ The last government shutdown was the longest in more than 40 years https://www.cnn.com/2023/09/29/politics/last-federal-government-shutdown-longest-dg/index.html Audit Firms Face Stiffer Mandate to Verify Client Details Under New Rule https://www.wsj.com/articles/audit-firms-face-stiffer-mandate-to-verify-client-details-under-new-rule-679e30cd The top cities in the U.S. to be an accountant | Accounting Today https://www.accountingtoday.com/list/the-top-cities-in-the-u-s-to-be-an-accountant The Right Amount of Cash to Keep at Home for Emergencies. Hint: Not $480,000. – WSJ https://www.wsj.com/personal-finance/emergency-fund-cash-on-hand-b04136d1 Judge rules Donald Trump defrauded banks and insurers while building real estate empire | AP News https://apnews.com/article/donald-trump-letitia-james-fraud-lawsuit-1569245a9284427117b8d3ba5da74249 Pentagon’s Budget Is So Bloated That It Needs an AI Program to Navigate It https://theintercept.com/2023/09/20/pentagon-ai-budget-gamechanger/ Amazon bets $4 billion on Anthropic’s Claude, the chatbot platform rivaling ChatGPT and Google's Bard | VentureBeat https://venturebeat.com/ai/amazon-bets-4-billion-on-anthropics-claude-the-chatbot-that-rivals-chatgpt-and-googles-bard/ Deloitte CEO Says He Doesn't Deserve His Pay - Going Concern https://www.goingconcern.com/monday-morning-accounting-news-brief-deloitte-ceo-says-he-doesnt-deserve-his-pay-the-accountant-shuffle-7-17-23/ ...

Sep 30, 2023

Ben Richmond, Xero's Country Manager for the United States, joins us to discuss new Xero product features like improved inventory management and AI integration, plans for the upcoming XeroCon 2024 conference, the future of the accounting profession, and Xero's sponsorship of the FIFA Women's World Cup. Ben provides an insider's look into Xero's roadmap and vision for transforming accounting with technology. (00:00) - Intro and XeroCon Conference Plans (02:15) - New Xero Product Features (07:15) - AI in Accounting Software (14:30) - Rebranding the Accounting Profession (21:45) - Advice for Accounting Firms (25:30) - Activating Brand Sponsorships (30:15) - Xero's Small Business Fund (37:00) - Diversity and Inclusion in Accounting Meet Our Guest, Ben Richmond LinkedIn: https://www.linkedin.com/in/ben-richmond-ca-b8794220/ Twitter: https://twitter.com/BenRichmond1 Learn more about Xero https://www.xero.com/us/ Show Notes: Xero Beautiful Business Fund (applications close Oct. 6) AI guide Xero's 2023 Money Matters Report Future Focus: Xero’s AI Guide for Accountants and Bookkeepers Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Sep 28, 2023

The recent moratorium on Employee Retention Credit (ERC) claims has big implications for accounting and tax professionals. In this episode, we break down what the ERC moratorium means and the key things you need to know as an accountant or tax preparer. We discuss how it will impact tax preparation and the diligence required to avoid invalid/fraudulent ERC claims, the bookkeeping and accounting changes to accommodate the moratorium, and the effects on audits. Tune in to understand what the ERC moratorium means for you and your work. Meet Our Guest: Reynaldo E. Arellano, CPA PFS CGMA LinkedIn: https://www.linkedin.com/in/reynaldoarellano/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Sep 27, 2023

Blake and David discuss the potential for AI to replace CEOs of CPA firms. They also dive into the increasing trend of remote work in accounting firms, contrasting the reservations expressed by some CEOs with the benefits of remote work for employees and the environment. Then, on to cryptocurrency scams and criticisms of the 150-hour rule for becoming a CPA, with listener emails sharing personal experiences and concerns about the rule. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Relay - https://cloudaccountingpodcast.promo/relay FreshBooks - http://accountingpodcast.promo/freshbooks Chapters (00:34) - Blake is back from San Diego (03:59) - Accountant rejects partnership offer to open daycare franchise (05:38) - ChatGPT makes a YouTube video (10:39) - IRS walks back promise to stay open during government shutdown (15:00) - AICPA says IRS source thinks 95% of new ERC claims are ineligible (16:25) - AICPA Town Hall spends 4x on M&A vs pipeline issues (21:34) - IRS posts 3,700 new jobs (23:09) - Check out the Unofficial QuickBooks Accountants Podcast (24:28) - Will AI replace managing partners? (27:54) - The real reason Jamie Dimon is so against remote work (33:48) - Deloitte study demonstrates the benefits of remote work for employees (38:37) - Study reveals remote workers cut greenhouse gas emissions by 54% (40:34) - Mark Cuban lost $870k in a crypto scam (43:53) - Tether is once again lending out their stablecoins - reversing earlier promise not to (49:00) - The wild courses CPAs take to get their 150 hours (52:04) - The accounting backgrounds of Republican presidential candidates (54:38) - The IRS plans to use AI to audit large partnerships (59:42) - Paulita is inspired by the podcast to get back into accounting (01:03:38) - Final listener email and wrap-up 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 People who work from home all the time ‘cut emissions by 54%’ against those in office | Greenhouse gas emissions https://www.theguardian.com/environment/2023/sep/18/people-who-work-from-home-all-the-time-cut-emissions-by-54-against-those-in-office IRS to hire 3,700 agents to pursue wealthy tax dodgers https://www.accountingtoday.com/articles/irs-seeks-to-hire-3-700-agents-to-pursue-wealthy-tax-dodgers California Companies Defer Billions in Taxes, Interest-Free, as Borrowing Costs Rise https://www.wsj.com/articles/california-companies-defer-billions-in-taxes-interest-free-as-borrowing-costs-rise-8aea409f Experienced Accountants Sought by IRS for New Large Corp ... https://tax.thomsonreuters.com/news/experienced-accountants-sought-by-irs-for-new-large-corp-partnership-auditor-positions/ US government shutdown: What is it and who would be affected? https://www.reuters.com/world/us/us-government-shutdown-what-closes-what-stays-open-2023-09-21/ IRS to remain ‘fully operational’ if Congress triggers government shutdown https://federalnewsnetwork.com/government-shutdown/2023/09/irs-to-remain-fully-operational-if-congress-triggers-government-shutdown/ IRS to ‘partially close’ if government shutdown happens, reversing earlier plans, union says https://federalnewsnetwork.com/government-shutdown/2023/09/irs-to-partially-close-if-government-shutdown-happens-reversing-earlier-plans-union-says/ IRS Activities Following the Shutdown https://www.irs.gov/newsroom/irs-activities-following-the-shutdown America's tax collectors may escape a possible government shutdown https://finance.yahoo.com/news/americas-tax-collectors-may-escape-a-possible-government-shutdown-111211477.html Representative Introduced Bill Halting Legislator Pay During Shutdown https://www.businessinsider.com/bill-for-halting-legislator-pay-mccarthy-shutdown-act-2023-9 JPMorgan's Jamie Dimon delivers a stern warning to remote workers - TheStreet https://www.thestreet.com/personal-finance/jpmorgans-jamie-dimon-delivers-a-stern-warning-to-remote-workers 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 neces...

Sep 25, 2023

Accounting has long been viewed as a stable career, but in recent years, droves of accountants have been leaving the profession. Blake Oliver dives into a recent Wall Street Journal article highlighting the factors driving experienced accountants away, from burnout and boredom to the threat of automation. Show Notes Job Security Isn’t Enough to Keep Many Accountants From Quitting https://www.wsj.com/articles/accounting-quit-job-security-675fc28f Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Get in Touch Thanks for listening and 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let The Accounting Podcast listeners know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Sep 23, 2023

The government shutdown threat looms as Congress scrambles to pass funding bills. The IRS previously said it could stay open during a shutdown by relying on Inflation Reduction Act funds. But now the agency says those funds can't sustain operations. According to its union, the IRS is preparing for furloughs and partial closures if a shutdown hits. This reversal surprised IRS employees and could spell delays for taxpayers and CPAs. Show Notes IRS plans possible furloughs in case of shutdown https://www.accountingtoday.com/news/irs-plans-possible-furloughs-in-case-of-a-government-shutdown IRS to ‘partially close’ if government shutdown happens, reversing earlier plans, union says https://federalnewsnetwork.com/government-shutdown/2023/09/irs-to-partially-close-if-government-shutdown-happens-reversing-earlier-plans-union-says/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe.com Get in Touch Thanks for listening and 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let The Cloud Accounting Podcast listeners know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Sep 21, 2023

Buckle up for a wild ride covering everything from brazen ERC scams to cutting-edge AI. Join Blake and David as they expose the rampant fraud sucking billions from the federal coffers. You'll hear an unbelievable voicemail scam promising gangbusters refunds—could it really be Snoop Dogg or is your mind playing tricks? Fast forward to the bleeding edge of technology with jaw-dropping examples of AI voice and face swapping. Think real-time translation opening global markets. But not so fast—can emerging tech replace human accountants offshore? We tackle the automation debate head-on. Strap on your justice caps as the crew champions entrepreneurial accountants breaking free from the shackles of the timesheet. But will AI be the death knell of the billable hour? Tune in to find out! Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Forwardly - https://cloudaccountingpodcast.promo/forwardly Aero Workflow - http://accountingpodcast.promo/aero Chapters (00:45) - David got a voicemail from Snoop Dogg! (08:42) - Mark Cuban and Warren Buffett talk about why accounting is important (12:50) - Couple gets married in the accounting classroom where they met (14:51) - Purdue accounting professors invite accounting students and alumni to tailgate together at football games (15:51) - AICPA drops the ball on member survey (19:11) - Vegas gets hit by cyber attacks (23:30) - Square outage causes problems for small businesses (25:32) - The Doberman dog breed is named after a German tax collector (26:33) - JP Morgan partners with Gusto to offer online payroll (28:36) - American Express & Walmart expand small business offerings (31:47) - AI real-time language translation for video and audio is not far away (39:01) - The future of voice assists and integration with LLM's (43:58) - 29-year-old accountant quits firm to open her own (49:34) - Offshoring vs. automation (55:26) - Blake's new lawyer charges by the hour...sometimes (57:39) - Thanks for listening and how to earn free CPE 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 JPMorgan to offer online payroll services https://www-cnbc-com.cdn.ampproject.org/c/s/www.cnbc.com/amp/2023/09/14/jpmorgan-to-offer-online-payroll-services.html I.R.S. Freezes Pandemic-Era Tax Credit Amid Fraud Fears https://www.nytimes.com/2023/09/14/us/politics/irs-pandemic-employee-credit-fraud.html The Cyberattack That Sent Las Vegas Back in Time https://www.wsj.com/lifestyle/travel/las-vegas-mgm-cyberattack-casinos-6ca43dcf Caesars Paid Ransom After Suffering Cyberattack – WSJ https://www.wsj.com/business/hospitality/caesars-paid-ransom-after-suffering-cyberattack-7792c7f0 Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm now https://finance.yahoo.com/news/meet-29-old-accountant-whose-110000532.html Mark Cuban on Accounting via Hector Garcia https://youtube.com/watch?v=VT_SCYbkmd8&si=3fLUqsQbqIlCzkgA Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm now https://finance.yahoo.com/news/meet-29-old-accountant-whose-110000532.html How Amex is building a B2B ecosystem for SMBs https://tearsheet.co/smb-finance/how-amex-is-building-a-b2b-ecosystem-for-smbs/ IRS halts new ERC processing after flood of bogus claims https://www.accountingtoday.com/news/irs-halts-new-employee-retention-credit-processing-after-flood-of-bogus-claims Don't offshore. Automate instead https://www.accountingtoday.com/opinion/dont-offshore-automate-instead MGM hack has Vegas hotels resorting to cash bars, paper vouchers https://bankautomationnews.com/allposts/risk-security/mgm-hack-has-vegas-hotels-resorting-to-cash-bars-paper-vouchers/ They found love in their accounting classroom. Ten years later, they ... https://www.wenatcheeworld.com/lifestyles/they-found-love-in-their-accounting-classroom-ten-years-later-they-got-married-there/article_c0ee232e-5334-11ee-a4ac-e359a3362f03.html Walmart Business Has a Plan to Boost SMB Cash Flow https://www.pymnts.com/commercial-payments/2023/walmart-business-has-a-plan-to-boost-smb-cash-flow/ Square and Cash App outage creates trouble for small businesses https://www.asbn.com/articles/square-and-cash-app-outage-creates-trouble-for-small-businesses/ MGM Resorts Hack Becomes Hassle for Vacationers Who Must Use Cash https://www.pymnts.com/cybersecurity/2023/mgm-resorts-hack-becomes-hassle-vacationers-must-use-cash/ Cash App And Square Face System Outage, Keeping Users From Their Coins

Sep 17, 2023

The IRS has announced an immediate moratorium on new Employee Retention Tax Credit claims through the end of the year amidst a surge of questionable submissions. Tune in for details on the ERC crackdown, including new criminal probes, longer processing times, and options for withdrawing improper claims. Show Notes Employee Retention Credit Eligibility Checklist: Help understanding this complex credit https://www.irs.gov/newsroom/employee-retention-credit-eligibility-checklist-help-understanding-this-complex-credit Red flags for Employee Retention Credit claims; IRS reminds businesses to watch out for warning signs of aggressive promotion that can mislead people into making improper ERC claims https://www.irs.gov/newsroom/red-flags-for-employee-retention-credit-claims-irs-reminds-businesses-to-watch-out-for-warning-signs-of-aggressive-promotion-that-can-mislead-people-into-making-improper-erc-claims Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Get in Touch Thanks for listening and 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let The Cloud Accounting Podcast listeners know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Sep 13, 2023

This week we dive into the pipeline shortage and the need for more accounting candidates, and discuss Intuit's groundbreaking use of AI in TurboTax and its potential impact on accounting professionals. Guest Jack Castonguay sheds light on FASB's recent announcement on accounting standards for digital assets and how it affects companies holding crypto assets. We also explore positive aspects of the accounting profession and address the need for critical changes like higher salaries and re-evaluating the audit process. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow FreshBooks - http://accountingpodcast.promo/freshbooks South Carolina Association of CPAs (SCACPA) - http://accountingpodcast.promo/SCACPA Chapters (00:47) - Welcome Jack Castonguay to the show (02:00) - Jack is quoted: "Shrinking CPA Pipeline Fuels Calls to Relay Education Mandate" (04:18) - Intuit introduces 'Intuit Assist' an AI chatbot for tax (13:20) - The new AI in QuickBooks is ... less impressive (15:21) - 6 in 10 Americans live paycheck to paycheck (15:51) - FASB announcement on accounting standards for digital assets (18:12) - Listener voicemail: Accounting teaches you to be a BS detector (22:09) - Listener voicemail: Does the accounting profession cover too much? (30:40) - Why more people should become accountants (33:23) - The problem with ELE programs to reach 150 (38:27) - ADP study shows why and when people change jobs (41:10) - How can starting salaries increase in accounting? (46:33) - Why accounting students should double major (53:01) - Checking back in on the live chat with questions (58:48) - We get a one-star review! 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 Intuit reveals new A.I. assistant after major investment https://fortune.com/2023/09/06/intuit-ai-virtual-assistant-major-investment-ceo-sasan-goodarzi/ Intuit Assist - Your AI Accounting Assistant https://quickbooks.intuit.com/ai-accounting/ Intuit Mailchimp Launches New Global Campaign to Help Marketers Untangle Their Clustomer Problem https://investors.intuit.com/news/news-details/2023/Intuit-Mailchimp-Launches-New-Global-Campaign-to-Help-Marketers-Untangle-Their-Clustomer-Problem/default.aspx Introducing Intuit Assist: The Generative AI-Powered Financial Assistant for Small Businesses and Consumers https://investors.intuit.com/news/news-details/2023/Introducing-Intuit-Assist-The-Generative-AI-Powered-Financial-Assistant-for-Small-Businesses-and-Consumers/default.aspx Promoting an employee may lead them to leave https://www.accountingtoday.com/news/adp-examines-impact-of-promotions-on-employee-motivation-and-retention Transformative Tax Preparation: Gen-AI Powered Intuit Apollo https://blog.turbotax.intuit.com/breaking-news/tax-preparation-powered-by-gen-ai-59318/ Intuit Assist Poised To Boost Competitive Moat, Gets A Price Target Boost From Analysts https://www.benzinga.com/analyst-ratings/analyst-color/23/09/34327992/intuit-assist-poised-to-boost-competitive-moat-gets-a-price-target-boost-from-analy Intuit cut hundreds of jobs and spent at least $20 billion in a massive bet on AI. Today the company is revealing its new virtual assistant https://finance.yahoo.com/news/intuit-cut-hundreds-jobs-spent-120000980.html Google to charge big businesses $30 per user per month for AI in Gmail and work apps https://www.cnbc.com/2023/08/29/google-will-charge-enterprises-30-a-month-for-duet-ai-in-workspace.html Meet our guest, Jack Castonguay Website: https://scholar.google.com/citations?user=Pg5p99EAAAAJ&hl=en&oi=sra LinkedIn: https://www.linkedin.com/in/jack-castonguay-phd-cpa/ Twitter: https://twitter.com/profjackc?lang=en Instagram: https://www.instagram.com/profjackscout/ 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

Sep 7, 2023

Join us for an in-depth conversation with Jerry Maginnis, a retired Big Four audit partner, about the value and criticisms of financial statement audits. Jerry draws on his decades of experience auditing public companies to respond to issues around audit quality, staff work conditions, complexity in accounting standards, and whether audits truly protect investors. He provides perspective on PCAOB inspections, the pass/fail system, and deficient audits. Blake and David ask tough questions about audit fees increasing while staff salaries stagnate, whether accounting and auditing standards should be simplified, and whether audits provide usefulness to average investors. Jerry argues audits still provide an invaluable service in capital markets despite imperfections but also sees opportunities for improvement through leveraging technology. He gives advice on maintaining a value-creation mindset and shares his motivation behind writing a book for young accountants. Meet Our Guest: Jerry Maginnis LinkedIn: https://www.linkedin.com/in/jerry-maginnis-18a47813/ Read Jerry's book, Advice for a Successful Career in the Accounting Profession: How to Make Your Assets Greatly Exceed Your Liabilities: https://a.co/d/6SWvDwm Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Sep 6, 2023

We’ve got an AI-packed episode this week! Ryan Lazanis demonstrates how AI and voice cloning technology can be utilized to streamline the analysis of financial statements. Blake and David examine various applications of AI in accounting, including tools for extracting key information from emails and documents, an AI-powered tax analysis tool, and the potential for AI to enhance advisory services. They also dig into some issues related to spam and scams in QuickBooks support, emphasizing the need for more granular requirements for accounting services and specialized education in areas like tax and much much more! Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho Forwardly - http://accountingpodcast.promo/forwardly Chapters (00:00) - TAP 348 (01:02) - Preview: Why we need more CPAs (01:45) - David finally gets with the TSA Pre program (03:20) - Using ChatGPT to write a Medicare appeal letter (04:41) - Chad took Beginning Walk/Jog to finish out his 150 hours (10:03) - Reflecting on the Unique CPA Bridging The Gap 2023 Conference (12:58) - Blake renewed his CPA license with 3 minutes to spare! (18:49) - Professor pumps accounting on Wheel of Fortune (24:14) - Accounting can make for a flexible lifestyle (25:07) - ABC News investigates the Big Four in Australia (34:21) - Is there a revolving door between Intuit employees and the IRS? (38:54) - Using AI to automate a P&L walkthrough video (48:41) - Doing tax research with AI (52:26) - Annoucing the "Unofficial QuickBooks Accountants Podcast" (54:00) - QuickBooks support scammer caught and punished (57:20) - Sean asks: "Is it a CPA shortage, or a resource allocation problem?" (01:02:46) - The CPAs education requirement for taxes is too low (01:06:44) - Wrap up and remember to subscribe so you don't miss an episode 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 “Tax prep giants are terrified. Their lobbyists are working overtime to try to keep the federal government from finally providing an easy, free way to file taxes. But we’re at a historic moment where we can get this done—so let’s keep pushing.” Elizabeth Warren (@ewarren) August 17, 2023 https://twitter.com/ewarren/status/1692232917806698820 Democrats are increasingly optimistic about the IRS' plan to offer free tax prep software and break TurboTax and H&R Block's stranglehold https://www.businessinsider.com/democrats-optimistic-about-irs-plans-to-offer-free-tax-filing-services-2023-8 Democrats accuse tax prep firms of undermining new IRS effort on electronic free file tax returns https://apnews.com/article/irs-free-file-tax-returns-391ded1dbd73444bada5e946e962d70c Danielle Booker, Ph.D., CPA on LinkedIn: #accountants #accounting #cpa #patsajak #vannawhite #wheeloffortune… https://www.linkedin.com/posts/danielle-booker-ph-d-cpa-05142238_accountants-accounting-cpa-activity-7097604071477362688--U2u ‘The World’s Fastest Accountant’ Is Running Away From the ‘Boring Stiff Squares’ Stereotype https://www.goingconcern.com/the-worlds-fastest-accountant-is-running-away-from-the-boring-stiff-squares-stereotype/ The 'revolving door' between accounting and the IRS https://www.accountingtoday.com/news/hundreds-of-irs-employees-worked-for-accounting-firms IRS agents are getting paid by private accounting firms: watchdog https://thehill.com/business/4176786-irs-agents-are-getting-paid-by-private-accounting-firms-watchdog/ No Cubicles Here! The Shockingly Sun-Kissed Life of Digital Nomad Accountants https://hbculifestyle.com/digital-nomad-accountants/ MACPA Chair Christine Aspell looks to combat accounting ... https://www.bizjournals.com/bizwomen/news/profiles-strategies/2023/08/accounting-misconceptions.html?page=all Passaic County Man Charged in $13 Million Technology Support ... https://www.justice.gov/usao-nj/pr/passaic-county-man-charged-13-million-technology-support-scam-targeting-over-seven Hundreds of IRS employees worked for accounting firms https://www.accountingtoday.com/news/hundreds-of-irs-employees-worked-for-accounting-firms I took "Intro to Philosophy" to finish out my 150 credits. I thought that was ridiculous. But this guy has me beat! https://www.linkedin.com/posts/blaketoliver_cpa-activity-7103070376422735872-JZkC 'The World's Fastest Accountant' Is Running Away From the 'Boring Stiff Squares' Stereotype https://www.goingconcern.com/the-worlds-fastest-accountant-is-running-away-from-the-boring-stiff-squares-stereotype/ Jennifer Wilson on LinkedIn: Love this. Accounting is a cool, tech-forward, difference-making… https://www.linkedin.com/posts/jenniferwilsonprofile_accountants-accounting-cpa-activity-7098413369098919936-vRqf Tax Genii 1 4 Demo https://www.youtube.com/watch?v=x-SXc1V58gQ How a sleeper issue inside the big four accounting giants could topple the economy https://www.abc....

Aug 30, 2023

Blake and David discuss issues relating to the accounting profession's talent pipeline, including a high school student's negative experience in her first accounting class and efforts by state CPA societies to reduce licensing barriers. They move on to tech topics, like the slow adoption of AI tools such as ChatGPT among accountants and new product features announced by Intuit and Xero. Wrapping things up, they share listener feedback on finding resources to learn new accounting software and workflows and provide commentary on app subscription price increases and the need for accountants to price their services properly. Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay CCH Access - https://cloudaccountingpodcast.promo/axcess Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (00:00) - Preview: Accountants need to charge more (01:02) - Welcome to The Accounting Podcast : Blake talks to high school senior in an accounting class (10:41) - The South Carolina Accociation of CPAs introduces new changes to 150 rule (20:02) - Air traffic controllers are understaffed and narrowly avoiding disaster (23:51) - The number of EA's in The NAEA is down 23% over the last 5 years (26:10) - Comparing air traffic controller shortage to accounting shortage (31:26) - Attestation reports are not audits (34:09) - Listener mail from a bookkeeper asking for recommendations on how to learn QuickBooks better (40:36) - What should firms do when accounting software raise their prices? (46:26) - LegalZoom launches LegalZoom Books (49:02) - How many Ohio CPAs have tried ChatGPT at all? (51:57) - Intuit released their year end earnings (55:07) - Some new Xero AI news & Xerocon is back in the US for 2024 (59:15) - Relay ups FDIC insurance to $2.5 million and Stripe offers sales tax calculations (01:01:25) - Wrap up and where to reach us 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 Product wrap from Xerocon Sydney 2023 | Xero Blog https://www.xero.com/blog/2023/08/product-wrap-from-xerocon-sydney-2023/ 150 Hours is a Barrier – Really! - Going Concern https://www.goingconcern.com/150-hours-is-a-barrier-really/ Jacob Schroeder: 86% of OSCPA Town Hall attendees have not used ChatGPT at all https://x.com/jacobbschroeder/status/1694748226904060157?s=12 SCACPA Proposing Legislation to Address Pipeline Challenges – SCACPA https://www.scacpa.org/scacpa-proposing-legislation-to-address-pipeline-challenges/ Airline Close Calls Happen Far More Often Than Previously Known https://www.nytimes.com/interactive/2023/08/21/business/airline-safety-close-calls.html Please join the Arizona State Society of Enrolled Agents “Town Hall” https://aztaxpros.org/images/meeting/082323/Town_Hall/azsea_invite_to_town_hall_on_aug_23__2023.pdf Question from a bookkeeper https://www.linkedin.com/feed/update/urn:li:activity:7094151084134338560/ Upcoming changes to QuickBooks Desktop pricing + FAQs https://www.firmofthefuture.com/product-update/quickbooks-desktop-pricing-changes/ Dext pricing change from today https://www.accountingweb.co.uk/any-answers/dext-pricing-change-from-today Introducing Ramp Plus https://ramp.com/blog/introducing-ramp-plus Fintech Ramp is Raising Capital at $5.5 Billion Valuation, Down 30% https://www.theinformation.com/articles/fintech-ramp-is-raising-capital-at-5-5-billion-valuation-down-30 Accountants face up to the cost of cloud app stacks https://www.accountingweb.co.uk/tech/tech-pulse/accountants-face-up-to-the-cost-of-cloud-app-stacks Stripe Unveils “Tax for Platforms” to Streamline Tax Compliance for Small Businesses https://smallbiztrends.com/2023/08/stripe-unveils-tax-for-platforms-to-streamline-tax-compliance-for-small-businesses.html Intuit (INTU) Q4 2023 Earnings Call Transcript https://www.fool.com/earnings/call-transcripts/2023/08/24/intuit-intu-q4-2023-earnings-call-transcript/ Why Students Opt for Accounting (or Don’t) https://cpatrendlines.com/2023/08/20/why-students-opt-for-accounting-or-dont/ CPA Exam Changes and Pipeline Woes Are a Perfect Storm of Problems For the Profession https://www.goingconcern.com/cpa-exam-changes-and-pipeline-woes-are-a-perfect-storm-of-problems-for-the-profession/ Stop calling them audits https://blockworks.co/news/blockchain-audits-ey FTX Bankruptcy Burning Through $1.5M in Legal Costs Every Day https://www.coindesk.com/policy/2023/08/23/ftx-bankruptcy-burning-through-15m-in-legal-costs-every-day/ 150 Hours is a Barrier - Really! https://www...

Aug 25, 2023

The requirements to become a licensed CPA differ across states, yet CPAs maintain mobility to practice in multiple jurisdictions. How does this work? David Knoble, Chair of the South Carolina Association of CPAs (SCACPA), joins the show to bust myths around substantial equivalency and mobility rules for CPAs and discuss the SCACPA's proposed changes to licensure requirements in the state to encourage more accountants to become CPAs. Knoble clarifies how states have flexibility in setting licensing requirements under existing standards while still enabling cross-border practice privileges. With an in-depth look at the Uniform Accountancy Act, including real examples of alternative pathways, we shed light on this complex topic to provide an accurate understanding of what substantial equivalency and mobility mean for you as an accounting professional. Tune in as we separate fact from fiction around these critical concepts impacting the CPA profession. Meet Our Guest, David Knoble LinkedIn : https://www.linkedin.com/in/davidmknoble/ Twitter : https://twitter.com/knoblecpa Learn more about Knoble Ingle CPAs https://www.knobleingle.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Aug 24, 2023

In this episode, Blake and David talk app integration frustrations, Gusto's new payroll feature, increased fees for tax professionals, a tragic accident involving an IRS agent, low job fulfillment among accountants, and an employee stock ownership plan at BDO. They also dive into Amazon's new product review feature and the appointment of a former Intuit executive as the new CEO of PayPal. Rounding things out, they speculate on Alex Chriss' move to PayPal and the potential benefits for accountants and bookkeepers. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Aero Workflow - http://accountingpodcast.promo/aero Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (00:04) - Preview: BDO's new equity model (00:55) - Welcome to The Accounting Podcast (02:35) - Every app for accountants should have a spreadsheet view (05:59) - We have reached peak user interface: How AI will simplify app design (07:22) - Why Bob from accounting could soon be a bot (12:30) - NATP study shows tax pros raised prices by over 20% in 2023 (20:57) - IRS agent accidentally killed by fellow agent at gun range (24:12) - Sam Bankman Fried sent to jail (25:19) - 60% of accountants rate their job fulfillment at C or lower (27:20) - BDO USA borrows $1.3 billion to create an employee stock ownership plan (32:05) - How to solve the accounting talent crisis (35:50) - Amazon using AI to summarize customer reviews (37:25) - PayPal's names new CEO: How Intuit, PayPal, and X are all connected (47:24) - Wrap up, where to reach us, and checking in on the live chat 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 PayPal Names Alex Chriss as Next President and CEO https://newsroom.paypal-corp.com/2023-08-14-PayPal-Names-Alex-Chriss-as-Next-President-and-CEO Alex Chriss Succeeds Dan Schulman as the new CEO of PayPal https://ceoworld.biz/2023/08/17/alex-chriss-succeeds-dan-schulman-as-the-new-ceo-of-paypal/ IRS agent accidentally shot, killed by fellow agent during training at Phoenix gun range https://www.azfamily.com/2023/08/17/irs-agent-accidentally-shot-killed-by-fellow-agent-during-training-phoenix-gun-range/ AICPA, NASBA Team to Help Ease Path to CPA Licensure https://www.intuitiveaccountant.com/in-the-news/people-and-business/aicpa-nasba-team-to-help-ease-path-to-cpa-licensure/ Withum and Seton Hall launch CPA apprenticeship https://www.accountingtoday.com/news/withum-and-seton-hall-launch-cpa-apprenticeship Large firm shakes up business model with employee stock ownership plan https://www.journalofaccountancy.com/news/2023/aug/large-firm-shakes-up-business-model-employee-stock-ownership-plan.html Intuit Names Marianna Tessel General Manager of Small Business and Self-Employed Group https://www.businesswire.com/news/home/20230814601878/en/Intuit-Names-Marianna-Tessel-General-Manager-of-Small-Business-and-Self-Employed-Group/ Can PayPal’s incoming CEO jump-start profitable growth? https://www.paymentsdive.com/news/paypal-ceo-checkout-venmo-smb-payments/690928/ BDO to create ESOP with $1.3B credit deal https://www.accountingtoday.com/news/bdo-to-create-esop-with-1-3b-credit-deal Former eBay CEO Still Wields Influence over PayPal as It Names New CEO https://www.ecommercebytes.com/2023/08/14/former-ebay-ceo-still-wields-influence-over-paypal-as-it-names-new-ceo/ Elon Musk's 25-year obsession with 'X' explains what he did to Twitter https://mashable.com/article/musk-x-twitter-paypal With plans to hire 200, a former PayPal CEO launches new digital bank in Miami https://www.miamiherald.com/news/business/article251326533.html Outspoken: Bill Harris, Founder and Chairman of Personal Capital and former CEO of Intuit and Paypal https://www.jsbarefoot.com/podcasts/2017/5/21/outspoken-bill-harris-ceo-of-personal-capital-and-former-ceo-of-intuit-and-paypal 5 things to know about Intuit’s small business guru Alex Chriss—PayPal’s incoming CEO https://www.fastcompany.com/90938418/paypal-ceo-alex-chriss-dan-schulman-what-to-know X.com names former Intuit brass its CEO https://www.cnet.com/tech/tech-industry/x-com-names-former-intuit-brass-its-ceo/ 5 ways the IRS funding boost is paying off https://www.washingtonpost.com/opinions/2023/08/17/irs-funding-tax-season-wait-times/ How Amazon continues to improve the customer reviews experience with generative AI https://www.aboutamazon.com/news/amazon-ai/amazon-improves-customer-reviews-with-generative-ai BDO partners in line for windfall after $1.3bn debt deal with Apollo Global Management | Financial Times https://www.ft.com/content/78f60830-57a2...

Aug 22, 2023

We discuss whether the economy is headed for a soft landing or hard fall with Gusto's Chief Economist Liz Wilke. Topics include: Recession outlook and key indicators like interest rates and inflation Labor shortage impacts on the economy Commercial real estate risks for banks Impacts of bank mergers on small business lending Liz evaluates recession odds, labor trends, and lending risks - offering nuanced outlooks on potential impacts for businesses, workers, banks, and more. It's a timely discussion providing an expert economic perspective on uncertainties ahead. Meet Our Guest, Liz Wilke, PhD LinkedIn : https://www.linkedin.com/in/lizwilke/ Learn more about Gusto Website: https://gusto.com/ Show Notes Listen to the Gustonomics podcast: https://podcasts.apple.com/ca/podcast/the-gustonomics-podcast/id1700748603 The Economy Explained - August edition: https://gusto.com/partner-resources/the-economy-explained-august2023 Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Aug 16, 2023

Jen Cryder, CEO of the Pennsylvania Institute of Certified Public Accountants, joins Blake and David to discuss the accounting profession's pipeline problems, including the decline in accounting majors and the difficulties of replacing retiring CPAs. Join the discussion on solutions like work-and-learn models and redefining education requirements. Discover strategies to attract and retain talent, prioritizing the preferences of younger generations and aligning company culture with marketing efforts. Tune in to learn how accounting firms can refresh their image and flourish. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Forwardly - http://accountingpodcast.promo/forwardly South Carolina Association of CPAs (SCACPA) - http://accountingpodcast.promo/SCACPA Chapters (00:00) - Preview: Not getting a Big 4 offer was the best thing to ever happen to me (00:48) - Welcome Jen Cryder to the show and her overall thoughts on the accounting talent shortage and pipeline problem (06:19) - What are your thoughts on Tulane's new professional advancement program? (13:28) - Are substantial equivalency and mobility really a roadblock? (18:45) - Smaller firms are the ones really impacted by this talent shortage (20:04) - PCAOB says 40 percent of 2022 audits are deficient (24:35) - What are the things younger accountants are really complaining about? (30:34) - CPA firms hike starting salaries 14% (32:32) - How do we encourage young people to go into the accounting profession? (38:55) - Does accounting have more of a retention problem than a pipeline problem? (47:12) - Accounting firms need to think of more creative ways to recruit (50:23) - Remember to subscribe to The Accounting Podcast and where to reach Jen 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 Unveiling CalCPA’s New Brand https://www.youtube.com/watch?v=diGVHSgDpU0 Tax and Accounting Pay Advancing at 5.9% Pace https://cpatrendlines.com/2023/08/08/tax-and-accounting-pay-advancing-at-5-9-pace/ AICPA, NASBA team with Tulane to ease CPA licensing | Accounting Today https://www.accountingtoday.com/news/aicpa-nasba-team-with-tulane-to-ease-cpa-licensing CPA firms facing talent shortage hike starting salaries 14% | CFO Dive https://www.cfodive.com/news/cpa-firms-facing-talent-shortage-hike-starting-salaries-accounting-accountants/689913/ Pennsylvania CPAs try out work-and-learn model for young accountants | Accounting Today https://www.accountingtoday.com/news/pennsylvania-cpas-try-out-work-and-learn-model-for-young-accountants Connect with Our Guest, Jen Cryder LinkedIn: https://www.linkedin.com/in/jencryder/ 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds FinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Aug 14, 2023

Today, we have a special bonus episode from our sister podcast, Oh My Fraud. Hosts Caleb Newquist and Greg Kyte speak with Nathan Mueller. As a young person, Nathan was hyper-focused on wanting to make money, which led him to perpetuate an $8-million embezzlement scheme in the mid-2000s. Nathan tells his story and answers questions about the fraud, his time in prison, and his new job as ... an accountant! Want to hear more Oh My Fraud episodes? Listen and subscribe at ohmyfraud.com Follow Oh My Fraud on Social Media: twitter.com/ohmyfraud facebook.com/OhMyFraud linkedin.com/oh-my-fraud EARN FREE CPE Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode. Download the app: Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728 Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app

Aug 10, 2023

Blake and David delve into the use of AI in detecting plagiarism in students' papers and its implications for the ongoing debate on AI's impact on employment. They also shed light on the increasing cost of audits and the alarming decline in audit quality. Shifting the focus to remote work, they analyze a study's findings on productivity and emphasize the importance of considering the nature of the work. The conversation takes a concerning turn as they address the shortage of accounting staff and the urgent need to address overwork and its detrimental effects. The episode wraps up with an intriguing discussion on the IRS's transition to paperless operations and recent incidents involving lost tax information. As a bonus, they share amusing anecdotes of fraudsters and a heartwarming story of an accountant being inducted into a water ski hall of fame. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho South Carolina Association of CPAs (SCACPA) - http://accountingpodcast.promo/SCACPA Chapters (00:04) - Preview: Where did Hunter Biden's income come from? (00:59) - Welcome to the show and a few quick AI stories (04:49) - Leaders split on whether AI will reduce or expand headcount (06:44) - The price of audits has doubled over the last 20 years (12:54) - Remote workers are less productive? (21:02) - The cost of forcing employees back to the office (29:07) - Less than 1% of accounting firms can find enough staff (34:58) - EY Oceania survey shows problems with work hours and culture at firm (40:12) - The IRS is going paperless? (45:37) - The IRS is losing track of tax info during shipments (47:05) - Some new details on the Hunter Biden story (48:58) - Tax preparer arrested after seeking over $124 million in phony tax credits (51:56) - A Chinese accountant stole the equivalent of $677,000 USD in an attempt to keep her boyfriend (54:30) - Blake reads some listener mail on ways to get the extra 30 hours required for a CPA license, and if getting a CPA license is the right choice (01:00:14) - How to reach David and Blake and subscribe to us on YouTube 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 IRS loses track of tax info during shipments between processing centers | Accounting Today https://www.accountingtoday.com/news/irs-loses-track-of-tax-info-during-shipments-between-processing-centers Leaders split on whether AI will reduce or expand headcount | Accounting Today https://www.accountingtoday.com/news/leaders-split-on-whether-ai-will-reduce-or-expand-headcount Hunter Biden plea deal outlines tax and accounting problems | Accounting Today https://www.accountingtoday.com/articles/hunter-biden-plea-deal-outlines-tax-and-accounting-problems Less than 1% of accounting firms can find enough staff | Accounting Today https://www.accountingtoday.com/news/less-than-1-of-accounting-firms-can-find-enough-staff IRS will finally let most Americans file taxes online next year https://www.theverge.com/2023/8/3/23818531/irs-paperless-tax-filings-2024 Audit fees triple in 20 years | Accounting Today https://www.accountingtoday.com/news/audit-fees-triple-in-20-years We're now finding out the damaging results of the mandated return to the office–and it's worse than we thought https://fortune.com/2023/08/01/research-damaging-results-mandated-return-to-office-worse-than-we-thought-rto-remote-work-careers-leadership-gleb-tsipursky/ Students can use AI on applications, Arizona State law school says | Reuters https://www.reuters.com/legal/transactional/students-can-use-ai-applications-arizona-state-law-school-says-2023-07-28/ EY Finally Admits It Has Some Serious Culture and Overwork Problems After Someone Died at the Office https://www.goingconcern.com/ey-finally-admits-it-has-some-serious-culture-and-overwork-problems-after-someone-died-at-the-office/ JPMorgan CEO Jamie Dimon chides managers who work from home: ‘I don’t know how you can be a leader and not be completely accessible to your people’ https://finance.yahoo.com/news/jpmorgan-ceo-jamie-dimon-chides-184750015.html 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://clo...

Aug 2, 2023

In this episode, Blake and David cover the downfall of Mattel's co-founder and Barbie inventor, Intuit's new ad network that allows businesses to target specific audiences using data from QuickBooks Online, and the increasing rate of deficiencies in public company audits. They also discuss the detrimental effect of the 150-hour rule on students pursuing careers in accounting, the availability of a malicious code-writing tool called Fraud GPT on the dark web, and the use of AI in customer support and sales calls. Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay Relay - https://cloudaccountingpodcast.promo/relay Forwardly - https://cloudaccountingpodcast.promo/forwardly Chapters (00:04) - Be prepared for higher prices because of AI (01:05) - What does Barbie have to do with accounting? (05:03) - Intuit is launching an ad network (11:58) - As much as 40% of audits in 2022 could be deficient (20:48) - Why are students switching majors away from accounting? (25:57) - IRS will no longer do any unannounced visits (27:14) - Hunter Biden saga update (28:54) - Sage announces latest earnings (30:34) - FraudGPT - dark web service (32:08) - Real-life example of AI use case for a company (36:53) - New conversational AI Air demo sales call (41:40) - ChatGPT introduces custom instructions (42:26) - Plaid announces deal with Cross River Banks (44:19) - Blake reads some Youtube comments on the TurboTax video (48:56) - A few quick final stories (52:53) - Wrap up and where to reach us 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 22 years after the $63 billion Enron collapse, a key audit review board finds the industry in a 'completely unacceptable' state https://fortune.com/2023/07/26/pcaob-audit-completely-unnacceptable-error-rate-enron-big-4-consulting/ 150-hour requirement seen as a significant barrier to accounting by young people https://www.accountingtoday.com/news/150-hour-requirement-seen-as-a-significant-barrier-to-accounting-by-young-people The Sage Group plc (SGGEF) Q3 2023 Earnings Call Transcript https://seekingalpha.com/article/4620753-sage-group-plc-sggef-q3-2023-earnings-call-transcript Plaid Taps Cross River to Offer Real-Time Payments https://www.pymnts.com/real-time-payments/2023/cross-river-teams-with-plaid-to-offer-real-time-payments/ Sage sees solid growth in Q3 https://www.enterprisetimes.co.uk/2023/07/28/sage-sees-solid-growth-in-q3/ Intuit Launches B2B Ad Network Targeting Small Business Owners https://www.mediapost.com/publications/article/387583/intuit-launches-b2b-ad-network-targeting-small-bus.html Unannounced IRS revenue officer visits discontinued https://proconnect.intuit.com/taxprocenter/tax-law-and-news/unannounced-irs-revenue-officer-visits-discontinued/ U.S. Accounting Watchdog Flags 'Unacceptable' Increase in Audit ... https://money.usnews.com/investing/news/articles/2023-07-25/u-s-accounting-watchdog-flags-unacceptable-increase-in-audit-deficiencies IRS good at addressing cyberthreats, but not documenting them https://www.accountingtoday.com/news/report-says-irs-good-at-addressing-cyberthreats-but-not-at-documenting-them-later Exclusive: Mailchimp Owner Intuit Launches Media Network for Small Businesses https://www.adweek.com/programmatic/exclusive-mailchimp-owner-intuit-launches-media-network-for-small-businesses/ New AI Tool 'FraudGPT' Emerges, Tailored for Sophisticated Attacks https://thehackernews.com/2023/07/new-ai-tool-fraudgpt-emerges-tailored.html Accounting Watchdog Expects Deficiencies in 40% of Public-Company Audits in 2022 - WSJ https://www.wsj.com/articles/accounting-watchdog-expects-deficiencies-in-40-of-public-company-audits-in-2022-badfcda All About Barbie Inventor Ruth Handler: Where She Is Today https://www.womenshealthmag.com/life/a44610455/ruth-handler-barbie/ How Vector Media transformed its customer support with AI | Zapier https://zapier.com/blog/nations-largest-ad-transit-company-transformed-customer-support-with-ai/ theCAQ.org | Significant Barriers Deter Students from Pursuing a Degree in Accounting, According to CAQ Report https://www.thecaq.org/pipelineresearch2023 IRS whistleblowers accuse Hunter Biden during congressional hearing | Accounting Today https://www.accountingtoday.com/news/irs-whistleblowers-accuse-hunter-biden-during-congressional-hearing Want to Search PCAOB Inspection Reports By How Many Screw-Ups an Audit Firm Made? You Can Now Do That - CPA Practice Advisor https://www.cpapracticeadvisor.com/2023/07/20/new-online-tools-pcaob-inspection-reports/82128/ ...

Jul 26, 2023

In this episode of The Accounting Podcast, Blake and David discuss the economic impact of Taylor Swift's "The Eras Tour," Microsoft's CoPilot price with AI, the SEC vs Ripple case decision, the launch of FedNow, and a bill proposed by two senators to ban lawmakers from owning stocks. They also dig into stories about Apple's work on AppleGPT, software spending rising 25% over the last 12 months, the 150-hour rule, and the lack of black accountants in the profession. They dive into a case study for good marketing in accounting, ClientEarth warning Big 6 audit firms to protect the planet, a WSJ editorial board blaming accounting shortage on Biden, and close with a few fast QuickBooks stories, and much more! Sponsors LiveFlow - https://cloudaccountingpodcast.promo/liveflow Zoho - https://cloudaccountingpodcast.promo/zoho Accruer - http://accountingpodcast.promo/accruer Chapters (00:04) - Preview: Taylor Swift's "The Eras Tour" economic impact (00:53) - Welcome to The Accounting Podcast and a quick overview of topics for this episode (03:16) - Microsoft announces CoPilot price with AI (10:24) - SEC vs Ripple case decision (19:08) - FedNow finally launched (25:16) - Two senators are proposing bill on ban of lawmakers owning stocks (27:50) - Blake checks in on the live chat (28:30) - Apple working on AppleGPT (30:46) - Software spending rose 25% over the last 12 months (33:12) - Article on the 150-hour rule and lack of black accountants in the profession (35:54) - Blake and David look at a case study for good marketing in accounting (39:11) - Taylor Swift's billion-dollar impact on the economy (42:15) - ClientEarth warning Big 6 audit firms to protect the planet (44:31) - WSJ editorial board blames accounting shortage on Biden (51:04) - Bench Accounting (51:41) - 3 fast QuickBooks stories (54:01) - Accounting startup Dougs raises $27 million (55:06) - Shopify builds in a Zoom cost calculator (56:59) - Shopify releases AI update (01:00:49) - Blake reads some listener mail (01:04:01) - Wrap up and where to reach David and Blake 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 Sens. Kirsten Gillibrand and Josh Hawley to unveil a bill to bar executive-branch members and lawmakers from owning stock in individual companies https://www.wsj.com/articles/senators-to-propose-ban-on-u-s-lawmakers-executive-branch-members-owning-stock-6db6411 New comment on "339. 15-Year-Old Passes CPA Exam; NY Requires Independent Audits of AI Hiring Processes" https://mail.google.com/mail/u/0/#inbox/FMfcgzGtwCxwDBHndZBtfKHkBgCgXhpr Taylor Swift's Economic Impact Has Caught the Eye of the Fed https://markets.businessinsider.com/news/stocks/taylor-swifts-economic-impact-catches-attention-federal-reserve-hotel-revenue-2023-7 After bootstrapping for 8 years, accounting startup Dougs raises $27 million | TechCrunch https://techcrunch.com/2023/07/04/after-bootstrapping-for-8-years-accounting-startup-dougs-raises-27-million/ Shopify's crusade against Zoom meetings now includes a cost calculator: 'Most of the modern work environment is broken' https://fortune.com/2023/07/12/remote-work-zoom-meeting-shopify-cost-calculator-modern-work-broken/ Shopify Sidekick video https://twitter.com/tobi/status/1679114154756669441?s=20 Bridging the Gap: Between the Generations https://www.intuitiveaccountant.com/education-hub/training-center/bridging-the-gap-between-the-generations/ ☕️ NOW, FED ☙ Friday, July 21, 2023 ☙ C&C NEWS 🦠 https://www.coffeeandcovid.com/p/now-fed-friday-july-21-2023-c-and KPMG Rolls Out Generative AI to Tax Pros, Launches Audit Pilot https://news.bloombergtax.com/financial-accounting/kpmg-rolls-out-generative-ai-to-tax-pros-launches-audit-pilot QuickBooks Checking Simplifies Bank Feeds Matching https://www.intuitiveaccountant.com/accounting-tech/general-ledger/quickbooks-checking-simplifies-bank-feeds-matching/ Big Six senior leadership missing in action on climate reporting and ... https://www.clientearth.org/latest/press-office/press/big-six-senior-leadership-missing-in-action-on-climate-reporting-and-audit/ FedNow launch: Fed's new instant payment system, goes live July 20 https://www.usatoday.com/story/money/2023/07/20/fednow-launch-fed-instant-pay-service/70434964007/ Accounting firms accused of missing climate risks in company audits https://www.ft.com/content/befa329f-43bb-42fb-baeb-e0ae22d68acf The Biden Accounting Jobs Boom - WSJ https://www.wsj.com/articles/tax-accounting-jobs-boom-biden-economy-taxes-internal-revenue-service-8db189ae QuickBooks Time Now QuickBooks Workforce https://www.intuitiveaccountant.com/accounting-tech/general-ledger/quickbooks-time-now-quickbooks-workforce/ Why the CPA qualification’s 150-hour college credit rule is outdated–and inequitable

Jul 20, 2023

This week, Blake and David talk app survival signs, Big Tax Prep sending taxpayer data to Facebook, and the dearth of accountants visible in financials. They cover news from the accounting world, including Jirav's $20 million raise in its series B round, and Pilot's 13% workforce layoff, Collective's $50 million raise, and the story about the IRS website sending data to Google Analytics. They also discuss the Accountests ChatGPT challenge and Claude.AI as a ChatGPT alternative. Sponsors Zoho - https://cloudaccountingpodcast.promo/zoho Forwardly - https://cloudaccountingpodcast.promo/forwardly Accruer - http://accountingpodcast.promo/accruer Chapters (00:00) - Preview: Owning your own accounting firm is a path to the upper middle class (01:19) - Welcome to The Accounting Podcast (03:24) - Jirav raises $20 million in series B round (04:29) - How likely a startup is to fail based on their funding round (10:05) - Is this the end of Evernote? (12:20) - Codat removing desktop API support from some plans (17:05) - Pilot lays off 13% of its workforce (20:01) - Collective raises $50 million (21:40) - Are tax prep companies giving customers' personal information to social media giants? (32:35) - Even the IRS website sends your data to Google Analytics! (38:03) - WSJ article on the accounting shortage (44:00) - Blake checks in on the live chat (53:43) - Accountests ChatGPT challenge (57:57) - Claude.AI as a ChatGPT alternative (01:01:17) - Wrap up and please check out our TurboTax Live Business Tax Return experience video on our YouTube channel 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 Jirav raises $20M in Series B | Accounting Today https://www.accountingtoday.com/news/jirav-raises-20m-in-series-b 3 tax prep firms shared 'extraordinarily sensitive' data about taxpayers with Meta, lawmakers say https://apnews.com/article/irs-taxpayer-tax-preparation-meta-congress-9315cfca7a0942ab89f765d183fbf822 Tax prep companies shared private taxpayer data with Google and Meta for years, congressional probe finds | CNN Business https://www.cnn.com/2023/07/12/tech/tax-prep-companies-taxpayer-data-google-meta/index.html The dearth of accountants has now become visible in several financial reports, with companies pleading difficulty in finding and retaining skilled people. https://www.wsj.com/articles/the-accountant-shortage-is-showing-up-in-financial-statements-b14a6b94 ChatGPT Does Accountests Debits & Credits Test https://www.accountests.com/blogs/news/chatgpt-does-accountests-debits-credits-test Pilot lays off 13% of workforce – 45 Employees - LayoffsTracker https://layoffstracker.com/pilot-lays-off-13-of-workforce-45-employees/?expand_article ChatGPT scores 90% on debits & credits test https://www.blakeoliver.com/blog/chatgpt-scores-90-on-debits-amp-credits-test Some Chicago Restaurants Are Still Adding Surcharges Of Up to 20% to Checks. Should They? https://www.nbcchicago.com/news/local/some-chicago-restaurants-are-still-adding-surcharges-of-up-to-20-to-your-bill-should-they/3055697/ 2023-10-10: Change in pricing for some accounting integrations https://docs.codat.io/updates/231010-deprecation-onprem-erp-premium Tax prep companies shared private taxpayer data with Google and Meta for years, congressional probe finds https://www.cnn.com/2023/07/12/tech/tax-prep-companies-taxpayer-data-google-meta/index.html Attacks%20on%20Tax%20Privacy_Final.pdf https://www.warren.senate.gov/imo/media/doc/Attacks%20on%20Tax%20Privacy_Final.pdf Jirav Announces $20M Series B Round Led By Cota Capital https://www.intuitiveaccountant.com/in-the-news/people-and-business/jirav-announces-20m-series-b-round-led-by-cota-capital/ The U.S. Tax Code Is Too Complex for Direct eFile to Work https://taxfoundation.org/irs-efile-prefilled-tax-returns/ IRS renews cybersecurity push for tax pros https://www.accountingtoday.com/news/irs-renews-cybersecurity-push-for-tax-pros The Accountant Shortage Is Showing Up in Financial Statements https://www.wsj.com/articles/the-accountant-shortage-is-showing-up-in-financial-statements-b14a6b94 Collective, a financial management platform for freelancers, raises $50M https://techcrunch.com/2023/07/11/collective-a-financial-management-platform-for-freelancers-raises-50m/ Bay Area tech firm relocating to Europe, lays off most staff https://www.sfgate.com/tech/article/evernote-layoffs-moving-to-europe-18190083.php Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet

Jul 18, 2023

Join Blake Oliver, CPA, and David Leary as they review using TurboTax Live Full Service for their business taxes. See their candid reactions and feedback as they go through the process of filing their 2022 taxes with TurboTax for the first time. Blake and David walk through the steps of getting matched with a tax expert, gathering documents, communicating with their preparer, and finally filing their partnership return. You'll look at the portal used for document exchange, see the questions asked during onboarding, and find out what last-minute items held up their return filing. See if the "tax expert" delivers and how the return process compares to working directly with a CPA or EA. If you're on the fence about trying TurboTax Live Full Service for your business taxes, this candid review will showcase the pros and cons to help you decide. Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jul 14, 2023

Learn how Meryl built a 30-headcount bookkeeping firm in eight years that can operate without her. We also get Meryl's take on the PwC scandal in Australia. Earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at earmarkcpe.com. Sponsors Relay - https://cloudaccountingpodcast.promo/relay FinDaily - https://accountingpodcast.promo/findaily Earmark for Teams - https://accountingpodcast.promo/freeshirt Chapters (00:04) - Preview: Why can't the US tax deadlines be as relaxed as Australia's (00:50) - Welcome Meryl Johnston to the show and some background on Bean Ninjas (05:49) - Tell us a little about the growth of Bean Ninjas, remote work, and taking a step back from day-to-day operations (10:26) - How does Meryl track employees' work when they're remote? (12:13) - Can you tell us about Bean Ninja's journey of niching? (22:46) - How do you deal with communication challenges with remote work and different schedules (28:31) - What is the current size of your firm, and what type of work do you now do? (35:16) - What do you tell accountants who are afraid to niche? (39:20) - Is the accounting talent crisis also happening in Australia? (41:19) - Meryl gives her take on the PwC scandal in Australia (47:38) - Are 2 new Australian tech companies coming for Xero's throne? (55:25) - Is software plus a service the future of accounting tech? (59:02) - Wrap up and how people can listen to Meryl's podcasts 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 Fuel Up the Bus, PwC Australia Has Named and Shamed Eight Partners Tied to the Tax Leak Scandal https://www.goingconcern.com/fuel-up-the-bus-pwc-australia-has-named-and-shamed-eight-partners-tied-to-the-tax-leak-scandal/ PwC Sold Off Its Scandal-Plagued Government Consulting Business For 67 Cents - Going Concern https://www.goingconcern.com/pwc-sold-off-its-scandal-plagued-government-consulting-business-for-67-cents/ PwC Sold a Part of Its Australian Business for $1 Because of Tax Leak Scandal - CPA Practice Advisor https://www.cpapracticeadvisor.com/2023/06/29/pwc-sold-a-part-of-its-australian-business-for-67-cents-because-of-tax-leak-scandal/81609/ A new threat to Xero? The rise of Hnry: a one-stop shop for sole traders, ft. Karan Anand https://www.raskmedia.com.au/2023/06/27/xero-risk-hnry-accounting-karan-anand/ Exclusive: PwC Australia ties Google to tax leak scandal – sources https://www.reuters.com/technology/pwc-australia-ties-google-tax-leak-scandal-sources-2023-07-05/ Thriday swings at big accounting platforms with AI expense tool https://www.smartcompany.com.au/finance/tax/thriday-business-expense-bank-ai-artificial-intelligence/ Meet Our Guest, Meryl Johnston LinkedIn: https://www.linkedin.com/in/meryl-johnston-3a483728/ Website: https://beanninjas.com/ 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Uncat - https://www.uncat.com/ Nett Tracker - h ttps://www.nett-tracker.com/ FinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jul 11, 2023

In this episode, Blake and David examine the story of the 15-year-old who recently passed the CPA exam, as well as recent news involving accounting firms transitioning to corporations, AI investments, and new laws concerning AI hiring. They also cover several tech stories related to accounting, problems with client portals, and much more! Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay Relay - https://cloudaccountingpodcast.promo/relay Forwardly - https://cloudaccountingpodcast.promo/forwardly Chapters (00:04) - Preview: Accounting firms will transition to corporations (01:00) - Blake and David are back from their trips (05:03) - A 15-year-old in Mississippi has passed the CPA exam (07:00) - Jennifer asks about TAP's TurboTax Live Business experience (10:05) - Mackenzie's voicemail re: accounting shortage (18:37) - BDO USA is shifting from a partnership to a corporation (20:55) - EY officially announces it has called off "Project Everest" but is still the number one US audit firm for public companies (24:25) - M365 Co-Pilot updates (29:50) - Thomson Reuters announces $100 million per year AI investment (32:04) - Avalara launches a sales tax calculator in ChatGPT (36:17) - Gusto hires former head of data science and analytics from Google (37:09) - Taxfyle releases AI tax-prep bot (39:04) - New York announces new AI law for hiring (44:15) - A few more quick tech stories and the problems with client portals (47:06) - Wrapbook wrap-up (51:45) - Where to reach David and Blake 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 Tech News: TaxFyle releases AI tax prep bot https://www.accountingtoday.com/list/tech-news-taxfyle-releases-generative-ai-tax-prep-bot Why everyone is mad about New York’s AI hiring law https://www.technologyreview.com/2023/07/10/1076013/new-york-ai-hiring-law/ Mississippi youth passes CPA Exam – at Age 15 https://www.journalofaccountancy.com/news/2023/jun/mississippi-youth-passes-cpa-exam-at-age-15.html BDO USA is Shifting From a Partnership to a Corporation - CPA Practice Advisor https://www.cpapracticeadvisor.com/2023/06/26/bdo-usa-is-shifting-from-a-partnership-to-a-corporation/81445/ Gusto hires former Google exec to add AI to products | Accounting Today https://www.accountingtoday.com/news/gusto-hires-former-google-exec-to-add-ai-to-products KPMG cuts 5% of U.S. workforce | Accounting Today https://www.accountingtoday.com/news/kpmg-cuts-5-of-u-s-workforce KPMG’s Big Four Dominance on Bank Audits Shaken by Failures https://news.bloombergtax.com/financial-accounting/kpmgs-big-four-dominance-on-bank-audits-shaken-by-failures Thomson Reuters adding AI to tax software | Accounting Today https://www.accountingtoday.com/news/thomson-reuters-adding-ai-to-tax-software EY Tops Rival Audit Firms in Public Company Clients - CPA Practice Advisor https://www.cpapracticeadvisor.com/2023/06/20/ey-tops-rivals-in-public-company-audit-clients/81193/ Shopify vows to fight CRA request to hand over records from more than 121,000 Canadian businesses https://www.ctvnews.ca/business/shopify-vows-to-fight-cra-request-to-hand-over-records-from-more-than-121-000-canadian-businesses-1.6454822 Accounting firm EY calls off ‘Project Everest’ to break up firm ... https://www.dailymirror.lk/business/Accounting-firm-EY-calls-off-Project-Everest-to-break-up-firm/215-261867 Finance Automation Platform Ramp Acquires AI Startup Cohere.io https://www.pymnts.com/artificial-intelligence-2/2023/finance-automation-platform-ramp-acquires-ai-startup-cohere-io/ BDO USA is Shifting From a Partnership to a Corporation https://www.cpapracticeadvisor.com/2023/06/26/bdo-usa-is-shifting-from-a-partnership-to-a-corporation/81445/ M365 Copilot, Microsoft’s generative AI tool, explained https://www.computerworld.com/article/3700709/m365-copilot-microsofts-generative-ai-tool-explained.html Intuit Supercharges Intuit GenOS with OpenAI’s Large Language Models to Bring GenAI Experiences to Customers https://investors.intuit.com/news/news-details/2023/Intuit-Supercharges-Intuit-GenOS-with-OpenAIs-Large-Language-Models-to-Bring-GenAI-Experiences-to-Customers/default.aspx Wrapbook Expands its Payroll Platform to Enable Seamless ... https://www.businesswire.com/news/home/20230629819270/en/Wrapbook-Expands-its-Payroll-Platform-to-Enable-Seamless-Collaboration-Across-Production-and-Accounting-Teams Kraken ordered to turn over its users' information to the IRS https://www.accountingtoday.com/articles/kraken-ordered-to-turn-over-its-users-information-to-the-irs

Jun 28, 2023

In this episode of the Accounting Podcast, Blake and David talk to CPA Roger Knecht about how much CPAs should charge for business tax returns. They also touch on the latest news, including Hunter Biden's plea deal for tax charges, the Pentagon overestimating supplies sent to Ukraine by $6.2 billion, and the SEC charging Marcum with quality control failures. They also dig into sports gamblers losing more money as parlays gain popularity, Roger's five pricing strategies, and AI in accounting. Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay Relay - https://cloudaccountingpodcast.promo/relay Helcim - https://cloudaccountingpodcast.promo/helcim Chapters (00:23) - Preview: CPAs are pricing themselves too low (01:13) - Welcome Roger to the show and a little background on what he does (03:20) - What topics we'll cover in this episode (04:25) - Hunter Biden takes plea deal in tax charges (09:20) - Pentagon overestimates supplies sent to Ukraine by $6.2 billion (12:27) - Who will win: Elon Musk vs Mark Zuckerberg (16:07) - CPA Ontario and CPA Quebec sever ties with CPA Canada (20:56) - The SEC charges Marcum with quality control failures (31:52) - Yahoo Finance article on how much people should expect to pay for a CPA (38:33) - Sports bettors losing more money as parlays gain popularity (43:59) - Roger's 5 pricing strategies (48:53) - Some updates on AI in accounting (57:18) - Wrap up and where to reach Roger Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Meet Our Guest, Roger Knecht: Website: https://universalaccounting.com/ LinkedIn: https://www.linkedin.com/in/rogerknecht/ Twitter: https://twitter.com/universalacct Facebook: https://www.facebook.com/universalaccountingschool Instagram: https://www.instagram.com/rogerknecht/ Show Notes Even by the standards of billionaire-versus-billionaire tiffs, the proposed cage fight between Elon Musk and Mark Zuckerberg stands out https://www.wsj.com/articles/elon-musk-mark-zuckerberg-cage-fight-b71fa4ff Marcum, the SEC said, audited nearly half of the roughly 860 SPAC IPOs in 2020 and 2021. The firm agreed to pay the SEC $10 million in fines for widespread failures in its audits. https://www.wsj.com/articles/marcum-to-settle-sec-pcaob-claims-over-widespread-failures-in-spac-audits-bb8f3d48 Accounting Mistake Caused Pentagon to Overestimate Cost of Weapons Sent to Ukraine by $6.2B - CPA Practice Advisor https://www.cpapracticeadvisor.com/2023/06/21/accounting-error-caused-pentagon-to-overestimate-cost-of-weapons-sent-to-ukraine-by-6-2b/81322/ I'm a Small Business Owner. How Much Will a CPA Cost Me? https://finance.yahoo.com/news/im-small-business-owner-much-130149992.html 4 in 5 Australians want PwC banned from new government work | Accountants Daily https://www.accountantsdaily.com.au/regulation/18685-four-in-five-australians-want-pwc-banned-from-new-government-work CPA Quebec, Ontario bodies sever ties with national organization https://financialpost.com/fp-finance/cpa-quebec-ontario-sever-ties-national-organization Hunter Biden expected to plead guilty to tax-related misdemeanor crimes as part of a plea agreement https://www.nbcnews.com/news/amp/rcna90144 How much did Congress lose by defunding the IRS https://www.washingtonpost.com/opinions/interactive/2023/irs-enforcement-costs-congress-funding/ Parlay bets are becoming a bigger part of online sports betting—which is good news for the house https://www.wsj.com/articles/sports-better-win-lose-ddcaae24 BDO to Convert to a Corporation, Replacing US Partnership (2) https://news.bloombergtax.com/financial-accounting/bdo-to-convert-to-a-corporation-replacing-its-us-partnership New bookkeeping platform Thriday says AI is on its way to save you from taxes and accountants https://stockhead.com.au/tech/new-bookkeeping-platform-thriday-says-ai-is-on-its-way-to-save-you-from-taxes-and-accountants/ CLA launches high school summer intern program https://www.accountingtoday.com/news/cla-launches-high-school-summer-intern-program Jeff Seibert, CEO and Co-Founder of Digits – Interview Series https://www.unite.ai/jeff-seibert-ceo-and-co-founder-of-digits-interview-series/ KPMG's Banking Troubles Give Accounting a Black Eye (Podcast) https://news.bloombergtax.com/daily-tax-report/kpmgs-banking-troubles-give-accounting-a-black-eye-podcast Digits AI Debuts as World's First Secure, Accurate, Business Finance AI https://www.prnewswire.com/news-releases/digits-ai-debuts-as-worlds-first-secure-accurate-business-finance-ai-301857407.html Pentagon's Ukraine ac...

Jun 21, 2023

In this episode, Blake and David talk about the lack of audits hurting the profession, alternatives to tracking hours, whether to pursue a CPA or EA, and salary advice for new accountants. Next, they tackle a ton of news including AI integration in Mailchimp, the launch of FedNow Payment Network, the ROI of IRS audits, and the UK's Making Tax Digital rollout. Remote work, the ESG startup Omnevue securing $3 million in funding, Xero's third price increase in two years and Intuit's response, and more round out the show! Sponsors LiveFlow - https://cloudaccountingpodcast.promo/liveflow Accountests - https://cloudaccountingpodcast.promo/accountests Client Hub - https://cloudaccountingpodcast.promo/clienthub Chapters (00:00) - PREVIEW: Lack of audits is hurting the accounting profession (01:07) - Welcome to The Accounting Podcast (02:39) - Listener mail: Audits are just checking a box (06:56) - Listener mail: David asks for alternatives to tracking hours (14:39) - Listener mail: Courtney asks if they should pursue a CPA or EA (25:04) - Listener mail: William asks how new accountants should approach their starting salary at firms (28:14) - Is QBO starting to integrate AI into Mailchimp? (30:37) - FedNow is launching in July (35:50) - The ROI of IRS audits (46:41) - UK's Making Tax Digital rollout is struggling (52:10) - Latest on remote work (55:41) - ESG startup Omnevue secures $3 million in funding (58:41) - Xero announces third price increase in two years and Intuit's response (01:00:19) - Some final thoughts and where to reach David and Blake 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 How much did Congress lose by defunding the IRS? Way more than we thought. https://www.washingtonpost.com/opinions/interactive/2023/irs-enforcement-costs-congress-funding/ Elon Musk Calls Remote Work Morally Wrong 'Bullshit' https://www.businessinsider.com/elon-musk-remote-work-morally-wrong-get-off-high-horse-2023-5 ESG accounting startup Omnevue secures $3.1 million in Seed funding https://www.finextra.com/pressarticle/97225/esg-accounting-startup-omnevue-secures-31-million-in-seed-funding Credit Unions Gear Up to Build Instant Payments Ecosystems as FedNow Looms https://www.pymnts.com/credit-unions/2023/credit-unions-prepare-build-instant-payments-ecosystems-fednow-looms/ FedNow’s Rollout Will Spur ‘Major Shift’ for Businesses and Digital Wallets, Says Trustly https://www.pymnts.com/news/faster-payments/2023/fednows-rollout-will-spur-major-shift-for-businesses-and-digital-wallets-says-trustly/ Fintech ForwardAI, An Aggregated Direct Data Access Provider To Accounting And ERP Platforms, Launches https://www.crowdfundinsider.com/2023/06/208515-fintech-forwardai-an-aggregated-direct-data-access-provider-to-accounting-and-erp-platforms-launches-forwardly/ Rethinking the CPA 150-hour requirement: There must be a change https://www.firmofthefuture.com/training-and-certification/rethinking-150-hour-requirement/ Government execution of MTD ‘out of control’ as costs spiral https://www.accountancyage.com/2023/06/16/government-execution-of-mtd-out-of-control-as-costs-spiral/ 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Client Hub - https://clienthub.app/ Future Firm Accelerate - https://futurefirmaccelerate.com/cap Uncat - https://www.uncat.com/ Nett Tracker - h ttps://www.nett-tracker.com/ FinDaily - https://findaily.io/ Benchmark Growth - https://marketingforaccountingfirms.com/mastermind/ Forwardly - https://www.forwardly.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or t...

Jun 15, 2023

Welcome to the new era of "The Accounting Podcast," formerly known as "The Cloud Accounting Podcast." Why the name change? This show was born out of a passion for technology's role in accounting, and over the last five years, as cloud-based tools became the norm, we broadened our scope to cover a wide range of topics. We're now delving into everything from PPP and the talent crisis to artificial intelligence, fraud, the business models of accounting firms, the IRS, politics, and much more. Our aim is to provide the best audio-based news and analysis in the accounting profession. Celebrating an incredible milestone of 1 million downloads, we extend our heartfelt thanks to all our listeners and guests who have supported us over the years. As we step into this exciting new phase, we encourage you to engage with us - whether you're a longtime listener or just tuning in. Please send us your feedback, story ideas, or even a voicemail that we might play on the air at cloudaccountingpodcast@earmarkcpe.com. Remember, you can earn free CPE for listening with the Earmark app. Visit earmarkcpe.com for more information. We're thrilled to have you on this journey with us, and we look forward to bringing you quality content for many more years to come! Enjoy the show. Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let The Cloud Accounting Podcast listeners know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jun 14, 2023

We're back from the AICPA Engage conference sharing takeaways. Also, we're talking about all the latest generative AI developments in accounting, plus the recent PwC scandal in Australia. Sponsors LiveFlow - https://cloudaccountingpodcast.promo/liveflow Zoho - https://cloudaccountingpodcast.promo/zoho Helcim - https://cloudaccountingpodcast.promo/helcim Chapters (00:00) - PREVIEW: The PwC scandal (00:46) - Blake and David are back from AICPA Engage (02:08) - Blake shares his mom's tax return horror story (10:13) - Thoughts on the AICPA's 100th Town Hall podcast episode (16:10) - How can AICPA grow Engage to be an even bigger event (21:03) - It was great to see everyone at AICPA Engage (27:11) - Advanced Auto Parts misses 10-Q deadline because they couldn't staff position (30:37) - Accounting firms are getting sued for improper ERC returns (35:31) - Checking in on the live chat (37:31) - Intuit's AI announcement (43:33) - CPA.com announces their own generative AI initiative (44:50) - Spreadsheet company Equals launches AI Assist (45:29) - ChatGPT makes up court cases in federal briefing (47:59) - Ikea buys warehouse management SaaS company (48:58) - Google DeepMind can create its own algorithms (51:23) - Crypto scams are 5x more costly than other cyber crimes (52:09) - Let's talk about PwC Australia (01:01:25) - Wrap up and where to reach Blake and David 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 Google DeepMind’s game-playing AI just found another way to make code faster | MIT Technology Review https://www.technologyreview.com/2023/06/07/1074184/google-deepmind-game-ai-alphadev-algorithm-code-faster/ Crypto scams five times as costly as other cybercrimes says study | Accounting Today https://www.accountingtoday.com/news/crypto-scams-five-times-as-costly-as-other-cybercrimes-says-study A Man Sued Avianca Airline. His Lawyer Used ChatGPT. - The New York Times https://www.nytimes.com/2023/05/27/nyregion/avianca-airline-lawsuit-chatgpt.html?smid=nytcore-ios-share&referringSource=articleShare Equals Launches the First Native AI Assistant for Spreadsheets https://www.newswire.com/news/equals-launches-the-first-native-ai-assistant-for-spreadsheets-22045667 Intuit introduces proprietary large language models for fintech with GenOS https://cointelegraph.com/news/intuit-introduces-proprietary-large-language-models-for-fintech-with-genos Intuit (INTU) Introduces Generative AI Operating System https://www.zacks.com/stock/news/2105195/intuit-intu-introduces-generative-ai-operating-system?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2105195 Intuit Unveils Generative AI Operating System and Finance LLMs for TurboTax, Credit Karma, QuickBooks, and Mailchimp Developers https://voicebot.ai/2023/06/07/intuit-unveils-generative-ai-operating-system-and-finance-llms-for-turbotax-credit-karma-quickbooks-and-mailchimp-developers/ Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Models https://financialpost.com/pmn/business-wire-news-releases-pmn/intuit-introduces-generative-ai-operating-system-with-custom-trained-financial-large-language-models Intuit Launches GenOS: AI Operating System for Financial Data https://medium.com/@cryptomarket06/intuit-launches-genos-ai-operating-system-for-financial-data-6bf8f161ef3a IKEA Parent Ingka Acquires Supply Chain Software Solutions Provider Made4net https://www.pymnts.com/news/retail/2023/ikea-parent-ingka-acquires-supply-chain-software-solutions-provider-made4net/ Landscaping Business Sues Accounting Firm Over Alleged COVID ... https://www.law.com/dailyreportonline/2023/05/30/landscaping-business-sues-accounting-firm-over-alleged-covid-19-scheme/ Intuit Expert BrandVoice: How Intuit Is Leveraging AI To Catapult The Role Of Tax And Bookkeeping Experts To Deliver Confidence Inspiring Customer Experiences https://www.forbes.com/sites/intuit-expert/2023/05/23/how-intuit-is-leveraging-ai-to-catapult-the-role-of-tax-and-bookkeeping-experts-to-deliver-confidence-inspiring-customer-experiences/ 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. DIA...

Jun 9, 2023

David is a lifelong programmer who founded Expensify in 2008 and built it into the most popular "pre-accounting" platform on the planet. Hear David's vision for the New Expensify, in which every payment is a conversation. Meet Our Guest: David Barrett, CEO of Expensify https://www.linkedin.com/in/davidmbarrett/ Learn more about Expensify http://expensify.com Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Jun 1, 2023

Why AICPA's 12-point plan won't solve the CPA crisis; Earnings reports from Intuit, Sage, and Xero; Ramp adds AI features to spend management platform; why grads are ditching jobs at the Big Four; 70% of Gen Z employees would switch jobs for better tech, and more! Sponsors LiveFlow - https://cloudaccountingpodcast.promo/liveflow Tech Guru - https://cloudaccountingpodcast.promo/techguru Client Hub - https://cloudaccountingpodcast.promo/clienthub Chapters (00:00) - IRS Loses $10 Billion In Debt Ceiling Deal & Proof ChatGPT Massively Increases Productivity (00:52) - Welcome to the show (04:52) - Potential debt-ceiling deal cuts IRS funding by $10 billion (07:38) - Chat GPT made workers 37% faster at completing tasks (11:44) - Accounting Today has ChatGPT retake the CPA exam (16:36) - Number of people taking accountancy exams drops to lowest level in 17 years (19:23) - WSJ article on the accounting industry’s low starting pay problem (23:35) - The AICPA's 12-point plan to solve the accountant shortage (35:13) - Thetab.com article on why grads are ditching jobs at Big Four firms (38:13) - Update on the IRS's Free File tax system (41:18) - Let's talk about the Intuit earnings call (46:38) - Sage had their earnings call (48:43) - Ramp announces "Ramp Intelligence" (53:31) - Employee satisfaction reached an all-time high last year (55:33) - Gen Z employees would change jobs for better tech (01:01:34) - Wrap up and where to reach us. See you at AICPA Engage! 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 New MIT Research Shows Spectacular Increase In White Collar Productivity From ChatGPT – JOSH BERSIN https://joshbersin.com/2023/03/new-mit-research-shows-spectacular-increase-in-white-collar-productivity-from-chatgpt/ ChatGPT retakes CPA Exam as v4.0, passes | Accounting Today https://www.accountingtoday.com/news/chatgpt-retakes-cpa-exam-as-v4-0-passes AICPA Council approves CPA pipeline plan | Accounting Today https://www.accountingtoday.com/news/aicpa-council-approves-cpa-pipeline-plan 70% of Gen Z Employees Say They Would Switch Jobs for Better Tech: Weekly Stat https://www.cfo.com/human-capital/workforce-management/2023/05/gen-z-gen-x-baby-boomer-millennials-technology-work-environments-productivity-work-life-balance/ AICPA details plans to boost CPA pipeline | Accounting Today https://www.accountingtoday.com/news/aicpa-details-plans-to-boost-cpa-pipeline Overworked and underpaid: Why grads are ditching jobs at the Big Four https://thetab.com/uk/2023/05/10/big-four-grad-scheme-whats-it-like-306634 The Future of AI in Finance is Here | Ramp Intelligence https://ramp.com/intelligence Numbers taking US accountancy exams drop to lowest level in 17 years | Financial Times https://www.ft.com/content/e8dc2264-6b8d-4ed5-8bbd-e4a67e7d1e46 Avii Announces Significant Uplifts to Financial Modules In Avii ... https://www.businesswire.com/news/home/20230508005420/en/Avii-Announces-Significant-Uplifts-to-Financial-Modules-In-Avii-WorkspaceTM-Platform-for-Accounting-Firms Overworked and underpaid: Why grads are ditching jobs at the Big Four https://thetab.com/uk/2023/05/10/big-four-grad-scheme-whats-it-like-306634 Sage Intact Launches Native AP Bill Automation to Cut Down on ... https://www.digitaljournal.com/pr/news/pr-zen/sage-intact-launches-native-ap-bill-automation-to-cut-down-on-invoice-processing-time Intuit Inc. (INTU) Q3 2023 Earnings Call Transcript https://seekingalpha.com/article/4606883-intuit-inc-intu-q3-2023-earnings-call-transcript Intuit (INTU) Reports Q3 Earnings: What Key Metrics Have to Say https://www.zacks.com/stock/news/2098768/intuit-intu-reports-q3-earnings-what-key-metrics-have-to-say ChatGPT retakes CPA Exam as v4.0, passes https://www.accountingtoday.com/news/chatgpt-retakes-cpa-exam-as-v4-0-passes Xero reports 28% year-over-year growth https://www.accountingtoday.com/news/xero-reports-28-year-over-year-growth Pentagon Says Accounting Mistake Leaves U.S. With $3 Billion ... https://www.wsj.com/articles/accounting-error-leaves-pentagon-with-3-billion-more-in-arms-for-ukraine-u-s-says-6d6f4576 AICPA details plans to boost the CPA pipeline https://www.accountingtoday.com/news/aicpa-details-plans-to-boost-cpa-pipeline AICPA releases expanded plan for addressing CPA pipeline ... https://www.journalofaccountancy.com/news/2023/may/aicpa-releases-expanded-plan-addressing-cpa-pipeline-challenges.html IRS to pilot free tax prep system in January

May 30, 2023

We're joined by Ashley the CPA (@seattle_tax) to talk about artificial intelligence coming soon to Microsoft products plus all the news you can use at the intersection of accounting and technology. Sponsors ShareFile - https://cloudaccountingpodcast.promo/sharefile Tech Guru - https://cloudaccountingpodcast.promo/techguru Helcim - https://cloudaccountingpodcast.promo/helcim Chapters (00:00) - ChatGPT is only the beginning (01:23) - Introduction and welcome Ashley to the show (03:12) - Microsoft Copilot updates (09:08) - A new Microsoft Teams is coming (11:11) - Report from Microsoft says meetings are the #1 productivity killer (16:26) - A very small percentage of accountants are using these tools (20:57) - How is consistency with AI? (23:09) - Personalized training for these AI's (33:56) - ChatGPT ads plugins (37:28) - TurboTax is adding AI (42:26) - Why should you learn AI now? (48:23) - Tell us about your newsletter Ashley (58:18) - Blake asks ChatGPT to book him a flight (01:01:52) - Wrap up and where to reach us 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 Microsoft Crunches Some Data to Find Out Teams is the Biggest Productivity Killer at Work https://www.goingconcern.com/microsoft-crunches-some-data-to-find-out-teams-is-the-biggest-productivity-killer-at-work/ The No. 1 workplace distraction that kills productivity, according to Microsoft https://www.cnbc.com/2023/05/09/the-no-1-workplace-distraction-that-kills-productivity-according-to-microsoft.html Meet our Guest, Ashley Francis, CPA LinkedIn: https://www.linkedin.com/in/ashley-francis-0115073/ Website: https://kitchentableautomations.substack.com/ 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Client Hub - https://clienthub.app/ Future Firm Accelerate - https://futurefirmaccelerate.com/cap Uncat - https://www.uncat.com/ Nett Tracker - h ttps://www.nett-tracker.com/ FinDaily - https://findaily.io/ Benchmark Growth - https://marketingforaccountingfirms.com/mastermind/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

May 25, 2023

We're back from ExpensiCon in Italy with thoughts on Expensify's future and the future of spend management; a report from Kristen Keats at Accounting Today's Firm Growth Forum conference; ChatGPT coming soon to a Wendy's drive-thru near you! Sponsors CCH Access - https://cloudaccountingpodcast.promo/axcess SuiteFiles - https://cloudaccountingpodcast.promo/suitefiles Client Hub - https://cloudaccountingpodcast.promo/clienthub Chapters (00:25) - Every Payment Is A Conversation (01:11) - Blake and David are back from Italy (05:01) - Let’s talk about ExpensiCon (10:09) - The original Expensify and ExpensiCon (12:36) - The new Expensify they're building (18:12) - Expensify is adding great tech support (25:14) - The future of Expensify (30:13) - How much do we think this event cost and playing the long game (41:24) - Some general observations on Italy (49:04) - Kristen Keats checks in from Accounting Today's conference (56:34) - Let's hear some listener reviews of CAP (57:16) - Is AI encouraging or discouraging for accountants and jobs? (01:01:45) - Wendy's Fresh AI (01:04:13) - ChatGPT 4 passes CPA exam (01:05:36) - Wrap up and where to reach us 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 Expensify Launches Transactional Chat for Accountants - Business Wire https://stocks.apple.com/ATL9AZYOSSKO_4jLMtB30pA Wendy’s to Launch AI-Powered Drive-Thru Service https://smallbiztrends.com/2023/05/ai-drive-thru-wendys-google-cloud.html What if AI could rebuild the middle class? : Planet Money : NPR https://www.npr.org/sections/money/2023/05/09/1174933574/what-if-ai-could-rebuild-the-middle-class 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Client Hub - https://clienthub.app/ Future Firm Accelerate - https://futurefirmaccelerate.com/cap Uncat - https://www.uncat.com/ Nett Tracker - h ttps://www.nett-tracker.com/ FinDaily - https://findaily.io/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

May 16, 2023

Accounting Today said ChatGPT failed the CPA Exam — here's why that's misleading; a WSJ reporter clones herself with AI and tricks her bank and family; TurboTax tops the TV ads for tax year 2022; Audit firms remove partners who fault clients' internal controls; 80 percent of BDO Alliance partners vote to eliminate or modify the 150-hour rule Sponsors ShareFile - https://cloudaccountingpodcast.promo/sharefile CCH Axcess - https://cloudaccountingpodcast.promo/axcess SuiteFiles - https://cloudaccountingpodcast.promo/suitefiles Chapters (00:00) - ChatGPT Was Set Up To Fail The CPA Exam (00:30) - Does the accounting profession give your life meaning? (01:00) - Welcome to the show, David is on the road this week (04:49) - Accounting Today says ChatGPT completely failed CPA exam (07:48) - Blake ran some of his own tests with GPT-4 and takeaways people should get from this article (13:23) - WSJ article on the potential of AI and fraud (15:09) - Blake plays clips of Joanna's voice cloned compared to her actual voice (18:28) - TechCrunch article on Intuit's AI journey (23:35) - Accounting Today article on firms removing audit partners from engagements where they found internal control problems (28:41) - Accounting Today: PCAOB turns up the heat on auditing firms (32:20) - Three failed banks all had KPMG in common (38:26) - Which brands spent the most money on ads around tax day 2023? (41:30) - TurboTax starts sending out checks as part of "free free free" settlement (42:58) - Listener email about the 150 hour rule and underpaid CPAs (46:57) - BDO Alliance poll results on the 150 hour requirement (50:29) - Blake buys MedEvac insurance for the first time (53:09) - Some quick app news roundup (58:33) - Wrap up and where to reach us 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 KPMG pens deal with MindBridge to apply AI to digital audits | Accounting Today https://www.accountingtoday.com/news/kpmg-pens-deal-with-mindbridge-to-apply-ai-to-digital-audits We ran the CPA exam through ChatGPT and it failed miserably | Accounting Today https://www.accountingtoday.com/news/we-ran-the-cpa-exam-through-chatgpt-and-it-failed-miserably I Cloned Myself With AI. She Fooled My Bank and My Family. https://www.wsj.com/articles/i-cloned-myself-with-ai-she-fooled-my-bank-and-my-family-356bd1a3 Audit firms remove partners who fault clients' internal controls | Accounting Today https://www.accountingtoday.com/news/audit-firms-remove-partners-who-fault-clients-internal-controls BDO Alliance poll of managing partners on 150-hour rule https://twitter.com/BlakeTOliver/status/1654553693830914048 TurboTax customers to receive checks for $141M settlement https://apnews.com/article/turbotax-inuit-settlement-checks-mail-0c01cf25aa34693163886d135f7a6560 Accounting automation developer Gappify scores $10m https://fintech.global/2023/05/02/accounting-automation-developer-gappify-scores-10m/ Intuit’s shift https://techcrunch.com/2023/04/27/intuit-ai-shift/ Hundreds Of Tax Prep Services Hit The Airwaves Before April https://www.insideradio.com/free/hundreds-of-tax-prep-services-hit-the-airwaves-before-april-18/article_b59beb46-e5a2-11ed-a08f-d7b730e240b8.html We had ChatGPT take the CPA exam — and it failed https://www.accountingtoday.com/news/we-ran-the-cpa-exam-through-chatgpt-and-it-failed-miserably ChatGPT Just Failed This Accounting Exam https://www.digitalinformationworld.com/2023/04/chatgpt-just-failed-this-accounting-exam.html Accounting clerk created original art on billing statements to help a patient heal https://www.cbsnews.com/video/accounting-clerk-created-original-art-on-billing-statements-to-help-a-patient-heal/ 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: ht...

May 9, 2023

Matt Rissell of TSheets dead in apparent murder-suicide; a review of the AI features you can use right now in Client Hub, Canopy, Karbon, Financial Cents and... Sturppy?; This week's guest: Giles Pearson, CEO of Accountests Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay Relay - https://cloudaccountingpodcast.promo/relay Tech Guru - https://cloudaccountingpodcast.promo/techguru Chapters (00:00) - Have your AI contact my AI (00:21) - Introduction and thoughts on the horrible news of Matt Rissell (06:18) - Some of the history of TSheets (12:36) - Practical application of Chat GPT and AI (20:10) - Giles was a partner at PwC (25:46) - Blake check on the live chat discussion (00:50) - David has used ChatGPT to create and organize his calendar appointments (30:43) - Let's look at Client Hub using their AI integration to help create tasks (35:09) - Lets see how Canopy can help you draft emails (37:51) - What Karbon has done with email (44:48) - Is Giles using AI for anything? (45:42) - Financial Sense integrates with ChatGPT (47:52) - Expensify's genius AI blog post (49:40) - Sturppy's AI virtual CFO (00:30) - Wrap up and where to reach everyone (57:07) - Congressional letter written about AI to create tax scams (58:56) - Where to learn more about Accountest and follow Giles 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 Karbon AI | Karbon https://karbonhq.com/feature/ai/ Founder of TSheets Dies in Self-Inflicted Shooting https://www.cpapracticeadvisor.com/2023/05/04/founder-of-tsheets-dies-in-self-inflicted-shooting/79360/ Senators want IRS to stop AI-generated tax scams https://www.accountingtoday.com/news/senators-want-irs-to-stop-chatgpt-generated-ai-tax-scams “What is the Best Expense Management App?” according to ChatGPT? https://blog.expensify.com/2023/05/02/what-is-the-best-expense-management-app-according-to-chatgpt/ TSheets founder Rissell dead after what police call attempted murder/suicide in Eagle home https://boisedev.com/news/2023/05/04/matt-rissell-dead/ 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Client Hub - https://clienthub.app/ Future Firm Accelerate - https://futurefirmaccelerate.com/cap Uncat - https://www.uncat.com/ Nett Tracker - h ttps://www.nett-tracker.com/ FinDaily - https://findaily.io/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

May 5, 2023

In this episode, Pat White and Rafael Casas interview Mackenzie Patel, CEO of Hash Basis, a crypto-native accounting firm based in San Francisco. Mackenzie shares her accounting background and how she got into crypto accounting. They also discuss the challenges of revenue accounting in crypto and the emerging trend of specialized crypto accounting. Get NASBA Approved CPE or IRS Approved CE Launch the course on EarmarkCPE to get free CPE for listening to this episode. Checkout the Bitwave channel on Earmark to get even more CPE Chapters (00:00) - Preview: What does Hash Basis do? (00:50) - Introduction and welcome Mackenzie to the show (02:04) - A little bit of Mackenzie's background (04:24) - Did you instantly love accounting? (10:39) - What did you do after college? (11:47) - What does revenue accounting look like in crypto? (13:58) - Are you seeing more accountants who specialize in crypto accounting? (18:32) - How did you get into crypto specifically? (20:40) - Can you walk us through some fundamentals of crypto accounting? (28:31) - What is streaming payroll and payments? (31:53) - What resources do you do to stay up to date on crypto and crypto accounting? (34:51) - FASB guidance has come out (35:31) - What do you think about wrapped tokens now being counted as impaired? (42:08) - Tell us about your new company, Hash Basis (44:14) - Mackenzie will be speaking at EDAS (46:13) - Thanks for listening and please subscribe for new episodes Connect with our guest, Mackenzie Patel linkedin.com/in/mackenziepatel/ twitter.com/maccbasis Connect with Pat linkedin.com/in/patwhite twitter.com/patwhite Connect with Rafael linkedin.com/in/rafaelcasas twitter.com/RafaelCasasBW Follow the Crypto With Accountants Podcast facebook.com/CryptoAcctsPod twitter.com/CryptoAcctsPod linkedin.com/showcase/cryptoacctspod Leave a review on Apple Podcasts or Podchaser Subscribe to the Crypto With Accountants Podcast in your favorite podcast app! This podcast is a production of the Earmark Media

May 3, 2023

Raising prices is a priority; NASBA extends time to complete CPA exam; Canopy now writes emails with AI; PwC to invest $1 billion in AI; staff not allowed to go to conferences Sponsors CCH Axcess - https://cloudaccountingpodcast.promo/axcess Zoho - https://cloudaccountingpodcast.promo/zoho Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (00:05) - Preview: Accounting is in a bad place (02:58) - We launched the Federal Tax Updates Podcast with Padgett and welcome to our guests (07:27) - Amanda, why was this tax season harder than last? (09:13) - Tell us more about the Padgett REtreat (10:41) - What are some ways to think about raising your prices? (13:44) - The accounting shortage is affecting cities getting credit scores (22:36) - NASBA extends the time to take the CPA exam to 30 months (24:48) - AI and its future in accounting (27:09) - Canopy integrates ChatGPT into their suite (29:09) - PWC to invest $1 billion over the next 3 years in AI (33:10) - How long do you think until smaller and midsize firms will be using AI (35:14) - Lili Bank promises one-button accounting (46:17) - Listener mail about staff not being given chances to go to conferences (49:02) - Are accounting students set up only for the benefit of the Big 4 firms? (53:16) - Wrap up and thanks for listening 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 ChatGPT Fails When It Comes to Accounting, Finds Major Study https://www.latestly.com/technology/chatgpt-fails-when-it-comes-to-accounting-finds-major-study-5078092.html KPMG Joins MindBridge in Global Launch of AI-Assisted Audit Tech https://news.bloombergtax.com/financial-accounting/kpmg-joins-mindbridge-in-global-launch-of-ai-assisted-audit-tech What Microsoft’s Dynamics GP Announcement Means for the User Community https://dynamicscommunities.com/ug/dynamics-gp-ug/what-microsofts-dynamics-gp-announcement-means-for-the-user-community/ ChatGPT is still no match for humans when it comes to accounting https://phys.org/news/2023-04-chatgpt-humans-accounting.html Lili Claims Super App Status With New Accounting Platform https://www.pymnts.com/smbs/2023/lili-claims-super-app-status-with-new-accounting-platform/ Leading Financial Platform, Lili, Launches 'Lili Smart' to Integrate ... https://www.businesswire.com/news/home/20230418005500/en/Leading-Financial-Platform-Lili-Launches-%E2%80%98Lili-Smart%E2%80%99-to-Integrate-and-Consolidate-Accounting-Services-into-Small-Business-Banking KPMG signs AI deal to improve audit transparency https://www.accountancydaily.co/kpmg-signs-ai-deal-improve-audit-transparency NASBA extends time to complete the CPA exam to 30 months https://www.accountingtoday.com/news/nasba-extends-time-to-complete-the-cpa-exam-to-30-months Accounting Bachelors Degree Requirements: What You Need to Know https://seaver.pepperdine.edu/blog/posts/accounting-bachelors-degree-requirements-what-you-need-to-know.htm ChatGPT: How AI will change law, finance, accounting and property ... https://www.afr.com/work-and-careers/workplace/how-chatgpt-will-change-these-four-industries-20230328-p5cvzx Canopy Launches ChatGPT AI in Accounting Practice Management Software https://www.einnews.com/pr_news/629260399/canopy-launches-chatgpt-ai-in-accounting-practice-management-software Accountant shortage hurts city credit scores https://fortune.com/2023/04/21/accountant-shortage-affecting-city-credit-scores/ Technology News | ⚡Study Finds ChatGPT No Match for Human When It Comes to Accounting https://www.latestly.com/quickly/technology/study-finds-chatgpt-no-match-for-human-when-it-comes-to-accounting-5078092.html PwC Stakes $1 Billion on AI Investments in Tax, Consulting Work https://news.bloombergtax.com/financial-accounting/pwc-us-partners-with-microsoft-in-1-billion-ai-investment 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 ...

Apr 27, 2023

FTX had 80,000 transactions in Ask My Accountant; the crazy cost accounting behind EY's failed breakup; using ChatGPT for financial statement analysis; what the tech world thinks AI will automate in accounting and more! Sponsors LiveFlow - https://cloudaccountingpodcast.promo/liveflow Chapters (00:00) - CAP 329 (00:39) - PREVIEW: How ChatGPT saved Erica (01:09) - Introduction (07:48) - FTX had 80,000 transactions in Ask My Accountant (12:04) - Blake plays a clip from the All-In podcast on AI accounting (17:25) - ChatGPT vs real accountants and students on tests (25:48) - Hector Garcia's example of using ChatGPT for analysing financial statements (31:24) - Is Erica using ChatGPT at all in her firm? (36:18) - EY breakup news (42:13) - Donna's voicemail on her sons college tour and accounting majors (48:18) - Deloitte kicks off program for high school students to earn accounting credits (49:29) - Can AI help save education? (52:48) - The IRS shows customer service improvements in 2023 (54:22) - Are accountants actually experiencing a better tax season? (01:01:49) - Crazy MYOB commercial (01:03:41) - Wrap up and where to reach everyone 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 Blake Oliver on Twitter: "My speaking session was selected for #Expensicon” https://twitter.com/BlakeTOliver/status/1649440639355097088 SURVEY: Busy Season Looking Good - CPA Trendlines https://cpatrendlines.com/2023/04/10/survey-busy-season-looking-good/ EY Confronts Slowing Growth After Breakup Deal Fails - WSJ https://www.wsj.com/articles/ey-confronts-slowing-growth-after-breakup-deal-fails-9442c85d Magic Workflow: AI-Powered Workflow and Process Generator https://clienthub.app/blog/new-feature-magic-workflowai-powered-workflow-and-process-generator/ Ernst & Young has axed its plan for a split of its auditing and consulting arms, marking a dramatic and costly retreat https://www.wsj.com/articles/ernst-young-halts-breakup-plan-bd2e2fa0 Is that the IRS with your refund? No, it's a ChatGPT scam https://www.politico.com/newsletters/weekly-tax/2023/04/17/is-that-the-irs-with-your-refund-no-its-a-chatgpt-scam-00092169 Taylor Swift avoided $100 million FTX deal with securities question: lawyer https://www.businessinsider.com/taylor-swift-avoided-100-million-ftx-deal-with-securities-question-2023-4 ChatGPT less than 50% accurate in accounting exams, study finds https://www.accountancyage.com/2023/04/21/chatgpt-less-than-50-accurate-in-accounting-exams-study-finds/ 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Client Hub - https://clienthub.app/ RightTool for QuickBooks Online - https://righttool.app Future Firm Accelerate - https://futurefirmaccelerate.com/cap Uncat - https://www.uncat.com/ Nett Tracker - h ttps://www.nett-tracker.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Apr 19, 2023

The M-Score is warning that the chance of fraud is the highest in over 40 years; Did KPMG fail to issue a critical audit matter for Silicon Valley Bank?; The spreadsheet apocalypse, revisited; Former startup founder charged by prosecutors for defrauding JPMorgan Chase; EY split fails; watch out for AI voice cloning scams; and more! Sponsors ShareFile - https://cloudaccountingpodcast.promo/sharefile Relay - https://cloudaccountingpodcast.promo/relay Client Hub - https://cloudaccountingpodcast.promo/clienthub Chapters (00:00) - Preview: Incentives to allow fraudulent users (01:17) - Introduction and welcome to the show (04:16) - WSJ reports fraud indicator "M" score is up (10:30) - Should KPMG have issued a critical audit matter for SVB? (17:51) - EY no longer to split off auditing (20:14) - JPMorgan defrauded for $175 million by startup founder (25:00) - CPA in Bakersfield stole $355,000 from investors (26:10) - Block accused of allowing fake accounts to boost their user growth numbers (29:27) - Square is changing their refund policy to not refund processing fees (30:42) - A few new Intuit announcements (33:45) - Security risks with AI and voice cloning is happening in real life (37:32) - Microsoft Loop (42:13) - Nicholas asks for recs for CPAs who want to start their own small firm (48:29) - Michael's email about barriers to CPA (50:01) - Corey from Minnesota CPA Society shares message and website with resources (51:06) - Will AI attract or detract more people to the accounting profession? (59:29) - Blake co-wrote an article for CPA Practice Advisor (01:04:10) - Wrap up and where to reach us 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 Intuit QuickBooks Launches Rest-of-World App Store - CPA Practice Advisor https://www.cpapracticeadvisor.com/2023/04/11/intuit-quickbooks-launches-rest-of-world-app-store/78582/ EY’s leaders missed a brewing revolt at the firm’s biggest operation. Soon, their deal was scuttled https://www.wsj.com/articles/ey-breakup-plan-doomed-by-miscalculations-and-powerful-opponents-61b7e02d ‘I’ve got your daughter’: Scottsdale mom warns of close call with AI voice cloning scam https://www.azfamily.com/2023/04/10/ive-got-your-daughter-scottsdale-mom-warns-close-encounter-with-ai-voice-cloning-scam/ Bond losses such as those at Silicon Valley Bank could have been raised as “critical audit matters”—a measure designed to help investors decode risks and uncertainties buried in financial statements https://www.wsj.com/articles/auditors-didnt-flag-risks-building-up-in-banks-6506585c Former Start-Up Founder Charged by Prosecutors for Defrauding JPMorgan Chase https://www.nytimes.com/2023/04/04/business/charlie-javice-jpmorgan-fraud.html The Spreadsheet Apocalypse, Revisited [Chart] https://twitter.com/johnnosta/status/1641586085640695810?s=12 The M-Score is warning that the chance of fraud at major companies is the highest in over 40 years, writes Numbers columnist @JoshZumbrun https://www.wsj.com/articles/accounting-fraud-indicator-signals-coming-economic-trouble-506568a0 New Microsoft Loop app is built for co-creation | Microsoft 365 Blog https://www.microsoft.com/en-us/microsoft-365/blog/2023/03/22/new-microsoft-loop-app-is-built-for-modern-co-creation/ Shares of the payments company formerly known as Square fell more than 20% in early trading Thursday after a short seller questioned the company’s user numbers and accused it of predatory tactics https://www.wsj.com/articles/short-seller-hindenburg-says-jack-dorseys-payments-company-inflates-user-numbers-f3216466 Startup CEO charged in $175 million fraud case https://abcnews.go.com/Business/startup-ceo-charged-175-million-fraud-case/story?id=98363900 Our Obsession with Hours Is Destroying the Accounting Profession https://www.cpapracticeadvisor.com/2023/04/12/our-obsession-with-hours-is-destroying-the-accounting-profession/78643/ Accounting firm EY calls off 'Project Everest' to break up firm https://www.bbc.com/news/65247525 Intuit QuickBooks Launches Rest-of-World App Store https://www.cpapracticeadvisor.com/2023/04/11/intuit-quickbooks-launches-rest-of-world-app-store/78582/ Intuit Mailchimp Launches Email Content Generator https://www.destinationcrm.com/Articles/ReadArticle.aspx?ArticleID=158086 Mailchimp’s new GPT-powered AI tool can write marketing emails https://www.fastcompany.com/90877547/mailchimp-gpt-powered-tool-can-write-marketing-emails 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,

Apr 12, 2023

We’re joined by Heidi Henderson, EVP at Engineered Tax Services, for our weekly roundup of news at the intersection of accounting and technology. Topics include: How the IRS plans to spend $80 billion over the next 10 years; the top five TikTok tax myths; security issues with AI chatbots; CLA voices support for MNCPA’s 150-hour alternative; why revenue is up 20% in the top 100 firms, and more! Sponsors Zoho - https://cloudaccountingpodcast.promo/zoho LiveFlow - https://cloudaccountingpodcast.promo/liveflow Client Hub - https://cloudaccountingpodcast.promo/clienthub Chapters (00:00) - CAP 327 (00:24) - PREVIEW: Breast implants are a tax write off? (01:08) - Welcome Heidi Henderson to the show and some background (06:36) - How did you get into tax credits? (08:32) - Heidi's take on ERC mills (11:56) - How will the IRS spend their $80 billion? (13:59) - Breakdown on how the IRS plans to spend that money (24:01) - Tax advice from TikTok (34:39) - What is the accounting pro's role in advising a client on taxes (37:47) - Accounting Today's April Fools Day post (39:40) - Minnestoa CPA Society gets a big supporter in CLA on the 150 rule (45:39) - Should we move the tax deadlines? (49:56) - SBF student fund for improving humanity has run dry (51:06) - Revenue for the top 100 firms was up almost 20% (54:54) - What impact will AI make on accounting? (01:01:11) - What are the potential risks of AI for accountants (01:05:38) - Wrap up and where to reach everyone 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 The accounting pipeline: 'Above all, try something' https://www.accountingtoday.com/opinion/the-accounting-pipeline-above-all-try-something ChatGPT Took Our CPA Public Accounting Test – Accountests Australia https://www.au.accountests.com/blogs/news/chatgpt-took-our-cpa-public-accounting-test The IRS reveals how it will spend its $80B https://www.accountingtoday.com/news/the-irs-reveals-how-it-will-spend-its-80b GPT Predicts Which Jobs the AI will replace https://www.reddit.com/r/Futurology/comments/128xl05/gpt_predicts_which_jobs_the_ai_will_replace/ CLA backs changes in 150-hour CPA requirement https://www.accountingtoday.com/news/cla-backs-changes-in-150-hour-cpa-requirement File your taxes in 10 minutes? TurboTax says it’s possible with AI-powered ‘express lanes’ https://www.fastcompany.com/90875480/turbotax-irs-ai-file-taxes-phone-fast-lane Collapse of FTX deprives academics of grants, stokes fears of forced repayment https://www.reuters.com/technology/collapse-ftx-deprives-academics-grants-stokes-fears-forced-repayment-2023-04-06/ The Problem With the IRS Vow to Avoid Stepping Up Audits of Earners Under $400,000 https://www.wsj.com/articles/the-problem-with-the-irs-vow-to-avoid-stepping-up-audits-of-earners-under-400-000-6ffa5185 Healthy Wealthy & Wise Accountants https://healthywealthywise.show/5 Three ways AI chatbots are a security disaster | MIT Technology Review https://www.technologyreview.com/2023/04/03/1070893/three-ways-ai-chatbots-are-a-security-disaster/ Accounting firm sets retirement age at 85 to avert staffing crisis | Accounting Today https://www.accountingtoday.com/opinion/accounting-firm-sets-retirement-age-at-85-to-avert-staffing-crisis CLA backs changes in 150-hour CPA requirement | Accounting Today https://www.accountingtoday.com/news/cla-backs-changes-in-150-hour-cpa-requirement The IRS reveals how it will spend its $80B | Accounting Today https://www.accountingtoday.com/news/the-irs-reveals-how-it-will-spend-its-80b ChatGPT Took Our CPA Public Accounting Test – Accountests Australia https://www.au.accountests.com/blogs/news/chatgpt-took-our-cpa-public-accounting-test Connect with Heidi Henderson Website: http://engineeredtaxservices.com LinkedIn: https://www.linkedin.com/in/heidihendersonets/ 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:

Apr 5, 2023

Using ChatGPT to audit; accounting salaries on the rise; misclassification of expenses at heart of Trump indictment; church sued for forcing employees to tithe; here's what you can do to help the accountant shortage; a dating sim that does your taxes; half of U.S. workers earn money from a side gig; CEOs quietly backtracking on remote work; where all the SVB depositor money went Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay Zoho - https://cloudaccountingpodcast.promo/zoho Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (00:00) - CAP 326 (00:23) - Preview: Where does hush money go on the GL? (00:57) - Welcome Adrienne to the show (03:14) - What impact will ChatGPT have on accounting? (08:39) - Accountant salaries are rising (11:17) - Blake checks in on the live stream chat (14:06) - CFO Dive study with Open AI on productivity boost and some of tech concerns with AI in general (17:54) - WSJ article on jobs most exposed to ChatGPT (22:31) - Adrienne saved 150 hours automating a task for Going Concern (25:35) - Intuit survey of accountants (29:18) - The Trump indictment (33:32) - Kirkland Chruch forced employees to donate 10% of salary to chruch (36:24) - Back to AGI talk and will it take our jobs? (47:24) - Going Concern article on dating sim game for taxes (53:58) - Automating your job and having a side gig (55:36) - CEO's are starting to backtrack on remote work (59:22) - Follow up with Silicon Valley Bank (01:03:08) - Relay is now the official banking partner of Profit First (01:04:56) - Wrap up and where to reach everyone 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 A dating sim that does your taxes: https://taxheaven3000.com/ The Accountant Shortage is So Bad Anime Waifu Girlfriends Are Taking Up Tax Prep Now - Going Concern https://www.goingconcern.com/anime-dating-sim-tax-prep-game/ Accountants are using technology to level up their businesses https://quickbooks.intuit.com/r/small-business-data/accountant-tech-survey-2023/ Where Did Startups Put Their SVB Cash? At JP Morgan Chase https://www.saastr.com/where-did-startups-put-their-svb-cash-at/ Want to Do Your Part to Help the Accountant Shortage? Here’s What You Can Do Right Now https://www.goingconcern.com/want-to-do-your-part-to-help-the-accountant-shortage-heres-what-you-can-do-right-now/ Meta, Microsoft, and Disney are reversing their bets on the metaverse https://finance.yahoo.com/news/meta-microsoft-disney-reversing-bets-123000778.html Math Teachers Stage a Calculated Protest https://www.washingtonpost.com/archive/local/1986/04/04/math-teachers-stage-a-calculated-protest/c003ddaf-b86f-4f2b-92ca-08533f3a5896/ 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Client Hub - https://clienthub.app/ Future Firm Accelerate - https://futurefirmaccelerate.com/cap Uncat - https://www.uncat.com/ Nett Tracker - h ttps://www.nett-tracker.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 30, 2023

The Federal Tax Updates podcast is a recent addition to the Earmark Media network of accounting-focused podcasts. In this episode, Roger and Annie discuss the most recent IRS updates and recommendations for tax preparers dealing with the surge of inaccurate ERC claims. They also provide some detailed insights into filing extensions for clients. Want to hear more Federal Tax Updates episodes? Listen and subscribe at federaltaxupdates.com Follow the Federal Tax Updates podcast on Social Media: twitter.com/FedTaxPod facebook.com/FedTaxPod linkedin.com/showcase/fedtaxpod

Mar 28, 2023

This Week's Guest: Terrell Turner, CPA; 85% of MNCPA members working in public accounting support an alternative to 150 hours; The Silicon Valley Bank Balance Sheet Time Bomb "Sitting In Plain Sight"; Senator Warren complains to PCAOB about sham crypto "audits"; JPMorgan Chase’s nickel bags turn out to be full of stones; PwC introduces AI chatbot for 4,000 lawyers to speed up work; Xero kills WorkflowMax Sponsors SuiteFiles - https://cloudaccountingpodcast.promo/suitefiles Zoho - https://cloudaccountingpodcast.promo/zoho Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (00:00) - Cloud Accounting Podcast Episode 325 (00:26) - Preview: Accountants aren't eating their own dog food (01:10) - Introduction and welcome Terrell Turner to the show (03:31) - What does Terrell's practice do and who do they serve? (05:11) - South Carolina's comptroller resigns due to $3.5 billion error (11:30) - Blake and David talked to Linda about alternative CPA pathway (15:37) - Blog Post on NASBA website on CPA pipeline problem (19:11) - Are salaries the bigger issue? (21:24) - Clip from the Financial Executive podcast (27:15) - A little bit about Sillicon Valley Bank (43:07) - The issue with non-profits finding auditors and throwing accountants under the bus (48:02) - Elizabeth Warren writes letter to PCAOB about scam crypto "audits" (49:32) - JPMorgan Chase's nickel bags turn out to be full of stones (51:33) - OpenAI is connecting ChatGPT to the internet (01:02:11) - Xero kills WorkflowMax (01:03:54) - PwC introduces AI chatbot for 4,000 lawyers to speed up work (01:10:23) - Wrap up and where to reach Terrell, Blake, & David Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Earn CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Transcript The transcript of this episode is available by clicking on the Transcript tab at the top of this page. Show Notes Texas Close to Allowing CPA Candidates to Test with 120 Credits https://www.cpapracticeadvisor.com/2023/03/22/texas-close-to-allowing-cpa-candidates-to-test-with-120-credits/78123/ South Carolina's Top Accountant to Step Down After $3.5 Billion Error https://www.cpapracticeadvisor.com/2023/03/23/south-carolinas-top-accountant-to-resign-after-3-5-billion-error/78209/ MNCPA to Educators: "We Do Not Need New CPAs Who Have Additional College Credits; We Need More CPAs, Period." https://www.goingconcern.com/mncpa-to-educators-we-do-not-need-new-cpas-who-have-additional-college-credits-we-need-more-cpas-period/ Banks and investors are reviving a push for changes to securities accounting after the SVB collapse https://www.wsj.com/articles/banks-investors-revive-push-for-changes-to-securities-accounting-after-svb-collapse-99caa9ce PwC introduces AI chatbot for 4,000 lawyers to speed up work https://gulfbusiness.com/pwc-introduces-ai-chatbot-for-4000-lawyers/ The More Things Change, the More They Stay the Same: Addressing the CPA Pipeline Crisis | NASBA https://nasba.org/blog/2023/03/14/addressing-the-cpa-pipeline-crisis/ QuickBooks leans into AI in 2023 | Accounting Today https://www.accountingtoday.com/news/quickbooks-plans-to-go-all-in-on-ai-in-2023 SVB's balance-sheet time bomb was 'sitting in plain sight' https://www.accountingtoday.com/articles/svbs-balance-sheet-time-bomb-was-sitting-in-plain-sight-short-seller-says 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Client Hub - https://clienthub.app/ Future Firm Accelerate - https://futurefirmaccelerate.com/cap Uncat - https://www.uncat.com/ Nett Tracker - h ttps://www.nett-tracker.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get ...

Mar 27, 2023

Join us for an exclusive interview with Linda Wedul from the MNCPA! We'll dive deep into the pressing issues surrounding the 150-hour rule, the talent shortage facing CPA firms in Minnesota, and how MNCPA is exploring alternative pathways to licensure. Tune in as we explore innovative solutions for keeping the CPA career path competitive and bridging the gap for aspiring professionals. Broadening Pathways to the CPA Credential: https://www.mncpa.org/involvement/legislative/broadening-pathways-to-cpa/ Meet Our Guest, Linda Wedul LinkedIn: https://www.linkedin.com/in/lindawedul/ Learn more about the Minnesota Society of CPAs http://mncpa.org Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 22, 2023

Matt Foreman explains what tax lawyers do; KPMG in the spotlight for signing off on SVB's books; digital bank apps benefit from SVB collapse; CLA launches paid high school accounting internships; Zoho's 10 most-installed CRM extensions of 2022; accounting talent shortage may cause city credit ratings to drop Sponsors Softledger - https://cloudaccountingpodcast.promo/softledger LiveFlow - https://www.cloudaccountingpodcast.promo/liveflow Keeper - https://www.cloudaccountingpodcast.promo/keeper Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - CAP 324 (00:17) - Preview: The job of a lawyer in setting up businesses (00:49) - Introduction and welcome Matt to the show (04:18) - What does a tax lawyer do? (09:08) - What do you do for me as a client? (13:26) - What is the biggest mistake you see businesses make? (18:15) - The IRS is underfunded (23:08) - How often and when are clients meeting with Matt? (25:28) - How will the IRS ever agree how to spend their $80 billion (31:19) - Digital bank apps have benefited from SVB collapse (35:46) - Auditors under scrutiny for SVB collapse (39:16) - Blake's take on why auditors aren't the ones to blame (45:11) - Ron Baker's audit insurance idea (50:19) - CLA launches paid high school accounting internships (51:34) - Zoho lists their 10 most installed CRM extensions of 2022 (53:58) - Accounting talent shortage can cause city credit ratings to drop (01:00:17) - Wrap up and how to reach everyone Show Notes 10 most-installed Zoho CRM extensions of 2022 https://www.zoho.com/blog/marketplace/10-most-installed-Zoho-CRM-extensions-of-2022.html SVB and Signature Bank Passed KPMG Audits Days Before Collapses https://www.pymnts.com/digital-first-banking/2023/svb-and-signature-bank-passed-kpmg-audits-days-before-collapses/ CLA Launches Paid High School Accounting Internships in 15 ... https://www.cpapracticeadvisor.com/2023/03/14/cla-launches-paid-high-school-accounting-internships-in-15-locations/77932/ For Banks, Guaranteeing 100% of Everyone’s Money Threatens Moral Hazard https://www.pymnts.com/news/regulation/2023/for-banks-guaranteeing-100percent-of-everyones-money-threatens-moral-hazard/ 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Client Hub - https://clienthub.app/ Future Firm Accelerate - https://futurefirmaccelerate.com/cap Uncat - https://www.uncat.com/ Nett Tracker - h ttps://www.nett-tracker.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Mar 18, 2023

We're talking about the release of GPT-4 and Microsoft's Copilot built into Office 365. Both will have a huge impact on accountants in the near future. Tune in to learn how! Show Notes: Introducing Microsoft 365 Copilot | Microsoft 365 Blog https://www.microsoft.com/en-us/microsoft-365/blog/2023/03/16/introducing-microsoft-365-copilot-a-whole-new-way-to-work/ GPT-4 Developer Livestream - YouTube https://www.youtube.com/watch?v=outcGtbnMuQ OpenAI releases GPT-4, artificial intelligence that can 'see' and do taxes https://www.nbcnews.com/tech/tech-news/openai-gpt-4-rcna74916 Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Mar 15, 2023

Join us for a conversation with Ken Bishop, President and CEO of NASBA, as he shares his insights into the shrinking CPA pipeline. We'll be discussing the controversial 150-hour rule and possible solutions to the growing accounting talent shortage. Meet Ken Bishop LinkedIn: https://www.linkedin.com/in/ken-l-bishop-5a142414/ Learn more about NASBA Website: http://nasba.org Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Mar 14, 2023

Guest: Paul Barnhurst, The FP&A Guy; Corporate frauds go undetected; Xero lays off 800; IRS process had a 20X improvement, and more! Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay Relay - https://cloudaccountingpodcast.promo/relay Client Hub - https://cloudaccountingpodcast.promo/clienthub Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - E323 (00:23) - State regulators shut down Silicon Valley Bank (00:52) - Introduction and some thoughts on their Ken Bishop interview (04:33) - Some background on Paul (09:29) - Silicon Valley Bank is in trouble (13:45) - How banks work and make money (16:50) - Blake shares a tweet from a listener (18:04) - Almost all corporate fraud goes undetected (23:21) - News breaks that SVB has been shut down (27:43) - Fireball sued for whiskey fraud (30:51) - Ramp raises $5 million to build expense tracking (37:10) - ChatGPT used to recover over $100k in unpaid invoices (43:11) - FinTech failures and Xero's layoffs (47:29) - Startup CFO used Chat GPT to create FP&A tool (52:41) - Which GL will embed AI first? (55:24) - Randomly assigning auditors to companies improves their quality (57:58) - The IRS has already scanned 20 times more documents than all of 2022 (59:15) - New commissioner of IRS approved (59:46) - Wrap up and where to reach everyone Show Notes Xero to lay off up to 800 staff as tech downturn spreads to accounting https://www.accountingweb.co.uk/tech/accounting-software/xero-to-lay-off-up-to-800-staff-as-tech-downturn-spreads-to-accounting IRS expands digital processing https://www.accountingtoday.com/news/irs-expands-digital-processing Senate approves Werfel as IRS chief https://www.accountingtoday.com/news/senate-approves-werfel-as-irs-chief Reshaping Xero to enable disciplined growth and focus https://www.xero.com/blog/2023/03/reshaping-xero-to-enable-growth/ Bill.com Holdings: QuickBooks Flips From Asset To Serious Threat ... https://seekingalpha.com/article/4585422-billcom-holdings-quickbooks-flips-from-asset-to-serious-threat Ramp Raises $5 Million for User and Revenue Forecasting Platform https://www.pymnts.com/news/investment-tracker/2023/ramp-raises-5-million-for-user-and-revenue-forecasting-platform/ The Week That Broke the Bank for Crypto https://www.pymnts.com/cryptocurrency/2023/the-week-that-broke-the-bank-for-crypto/ FinTech Cash Burn Totaled $12 Billion in 2022 https://www.pymnts.com/news/fintech-investments/2023/fintech-cash-burn-totaled-12-billion-in-2022/ What’s going on at Silicon Valley Bank?! https://newsletter.dtrh.co/p/whats-going-on-at-silicon-valley Silicon Valley Bank shoots self in foot https://techcrunch.com/2023/03/09/silicon-valley-bank-shoots-self-in-foot/ Most corporate fraud goes undetected https://www.cfobrew.com/stories/2023/01/26/most-corporate-fraud-undetected-new-study 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Client Hub - https://clienthub.app/ RightTool for QuickBooks Online - https://righttool.app Future Firm Accelerate - https://futurefirmaccelerate.com/cap Uncat - https://www.uncat.com/ Nett Tracker - h ttps://www.nett-tracker.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro...

Mar 13, 2023

Bank Collapse App Information: https://bankcollapseapp.info/ Meet Our Guests: Matthew May LinkedIn: https://www.linkedin.com/in/thetechcpa/ Twitter: @TheTechCpa Website: Acuity.co Mike Moïse LinkedIn: https://www.linkedin.com/in/mikemoise/ Twitter: @mavidormike Website: https://www.leadwithvalue.team/ Rey Arellano, CPA PFS CGMA LinkedIn: https://www.linkedin.com/in/reynaldoarellano/ Akshay Shrimanker LinkedIn: https://www.linkedin.com/in/shaycpa/ Twitter: @ShayCPA Website: Shaycpa.com Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Mar 10, 2023

Majority of CAS practices support 3+ general ledgers; KPMG may have turned a blind eye to deforestation; Intuit to replace QuickBooks Desktop POS with Shopify; Startup accelerators from Intuit and AICPA Sponsors Tri-Merit - https://cloudaccountingpodcast.promo/trimerit LiveFlow - https://cloudaccountingpodcast.promo/liveflow Patriot - https://cloudaccountingpodcast.promo/patriot Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Catching Up On AccounTech News (00:47) - Introduction and why we are doing this extra episode (01:42) - Voice authentication in the banking industry (04:45) - ESG update from David (14:02) - Deloitte's Australia becomes a victim of fraud (16:45) - Armanino crypto team has now started a new firm (17:49) - CAAS by the numbers (28:07) - Why switching from QuickBooks to Xero or vice versa is so difficult (32:05) - Accounting conferences entry fees excludes average CPA from going (39:32) - Listener mail on pricing (45:52) - QuickBooks POS system is partnering with Shopify (49:43) - AICPA and CPA.com new startup accelerator cohort (53:23) - Intuit cohort of startups (55:55) - Revolut struggles (01:02:23) - How to contact Blake or David Show Notes Revolut auditor concerned over £477m in late accounts https://www.accountancydaily.co/revolut-auditor-questions-ps477m-late-accounts Intuit Announces 2023 Cohort of Toronto Startup Accelerator Program http://www.businesswire.com/news/home/20230302005347/en/Intuit-Announces-2023-Cohort-of-Toronto-Startup-Accelerator-Program/?feedref=JjAwJuNHiystnCoBq_hl-SP7CEH_PxTjduXJ0SDrbU6qcp-o_pnudlUwsb5apQ1S4gUE65BTfjH3-pSuqdv0gW3cb3F4oTIgUqCPafFkgu67Ap_pA_yJ1XPgPy1DuJnY The Dishonest Accounting of Net-Zero Emissions https://capitalandmain.com/the-dishonest-accounting-of-net-zero-emissions AICPA and CPA.com Announce 2023 Startup Accelerator Cohort https://www.cpapracticeadvisor.com/2023/02/28/aicpa-and-cpa-com-announce-2023-startup-accelerator-cohort/77261/ Say Goodbye to QuickBooks Desktop Point-of-Sale https://www.intuitiveaccountant.com/accounting-tech/general-ledger/say-goodbye-to-quickbooks-desktop-point-of-sale/ AICPA & CIMA Sponsor Inaugural 'IFRS Sustainability Symposium' https://www.intuitiveaccountant.com/in-the-news/people-and-business/aicpa-cima-sponsor-inaugural-ifrs-sustainability-symposium/ Professional accountants fall out of favour on ESG assurance https://www.responsible-investor.com/professional-accountants-fall-out-of-favour-on-esg-assurance/ ESG Reporting Now Common at Large Companies, But Report ... https://www.cpapracticeadvisor.com/2023/02/28/esg-reporting-now-common-at-large-companies-but/77221/ Voice Cloning: A Blessing or a Curse for the Voice Banking Industry? https://www.finextra.com/blogposting/23813/voice-cloning-a-blessing-or-a-curse-for-the-voice-banking-industry Revolut User Base Grows Alongside Auditor Warnings https://www.pymnts.com/news/digital-banking/2023/revolut-user-base-grows-alongside-auditor-warnings/ How auditing giant KPMG became a global sustainability leader while serving companies accused of forest destruction - ICIJ https://www.icij.org/investigations/deforestation-inc/audit-firms-kpmg-environmental-sustainability-logging/ AICPA and CPA.com announce new startup accelerator cohort for 2023 | Accounting Today https://www.accountingtoday.com/news/aicpa-and-cima-announce-new-startup-accelerator-cohort-for-2023 Xero Announces New Chief Product Officer - CPA Practice Advisor https://www.cpapracticeadvisor.com/2023/02/28/xero-announces-new-chief-product-officer/77265/ IRS Processing Returns as Fast as It Gets Them - CPA Trendlines https://cpatrendlines.com/2023/02/27/irs-processing-returns-as-fast-as-it-gets-them/ Tweet from Ryan Elblein re: cost of ENGAGE https://twitter.com/relblein/status/1631125387005640704?s=12&t=bI7JWUng6zVr0Ei5O2Qv3g [CAP] Accounting / Finance as a percentage of Revenue https://mail.google.com/mail/u/0/?tab=cm#inbox/FMfcgzGrcjRMDlRGJhxfWPBrwJQzLxWQ CAS by the numbers | Accounting Today https://www.accountingtoday.com/list/cas-by-the-numbers Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow a...

Mar 8, 2023

Guest: Dr. Josh McGowan, CPA from Troy University; Blake calculates the cost of the 150-hour rule; Minnesota says AICPA & NASBA are not the regulators; Accounting department budgets at risk Sponsors Uncat - https://cloudaccountingpodcast.promo/uncat LiveFlow - https://cloudaccountingpodcast.promo/liveflow First Republic Bank - https://cloudaccountingpodcast.promo/firstrepublic Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Preview: The struggle is finding students who want to be an accounting major (01:08) - Josh McGowan joins the show (02:27) - Why should a student choose to be an accounting major (09:35) - How is accounting enrollment trending at your University? (12:25) - David asks Josh survey questions from a CPA Journal article (23:39) - How do we fix the work/life balance image of bigger firms (27:33) - Josh tell us your personal accounting journey (37:27) - Blake shares some listener mail (42:08) - Are students with accounting exposure in high school better prepared for college accounting classes? (43:26) - Lets talk about the 150 hour rule with Josh (58:20) - Is the branding of the accounting profession the bigger problem? (01:09:08) - What if we change the 150 requirement and still have a pipeline issue? (01:13:25) - Should accountants even need a bachelor's degree? (01:22:40) - Wrap up and where to find Josh online Show Notes The Beef Between the AICPA and Minnesota Over the 150 Hour Rule Heats Up https://www.goingconcern.com/the-beef-between-the-aicpa-and-minnesota-over-the-150-hour-rule-heats-up/ An Update on the Future of Accounting Education https://www.cpajournal.com/2022/11/14/an-update-on-the-future-of-accounting-education/ The cost of the 150-hour rule: $2 billion https://www.accountingtoday.com/opinion/the-cost-of-the-150-hour-rule-2-billion Former Accounting Team of FTX US Auditor Armanino Sets Up Shop as The Network Firm https://www.coindesk.com/tech/2023/03/01/former-accounting-team-of-ftx-us-auditor-armanino-sets-up-shop-as-the-network-firm/ Entigrity Honored with 'Dream Companies to Work For' and 'Best ... https://www.prnewswire.com/in/news-releases/entigrity-honored-with-dream-companies-to-work-for-and-best-employer-brand-award-by-world-hrd-congress-301751496.html 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Client Hub - https://clienthub.app/ RightTool for QuickBooks Online - https://righttool.app Future Firm Accelerate - https://futurefirmaccelerate.com/cap Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: info@cloudaccountingpodcast.com

Mar 1, 2023

IRS stuck on 1970's technology; Twitter poll says change back to 120 hours; Photos prove accounting thought leaders met; Intuit's 2023 Q2 Results Sponsors Relay - https://cloudaccountingpodcast.promo/relay Zoho - https://cloudaccountingpodcast.promo/zoho Client Hub - https://cloudaccountingpodcast.promo/clienthub Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - China Tells State Firms to Drop Big Four (00:25) - Preview: "The IRS is broken" (01:09) - Blake and David recap the CPA Educators Conference (08:27) - Some quick listener feedback and Blake interviewed a guest earlier in the week (10:44) - China is telling firms to drop their Big 4 auditors (14:30) - Some updates from Intuit's latest earnings report (19:27) - Blake gives live Chat GPT demo on email responses (24:19) - Vanderbilt University is getting criticized for using Chat GPT to write sympathy email to Michigan State (25:42) - The IRS is using 60 year old technology and won't upgrade it (30:42) - Open Secrets article on Intuit's lobbying money (34:29) - Blake checks in on some live viewer chat (36:15) - The Big 4 and their purpose statements (39:11) - Interview with Jimmy Corley and the 150 hour rule (55:18) - Blake shares a poll from Twitter on 150 hour requirement (57:01) - Criticism on CPA Practice Advisors photo op and article on future of profession (59:22) - Join us next week and where to reach Blake and David Show Notes Opinion | Badly outdated technology plagues the IRS - The Washington Post https://www.washingtonpost.com/opinions/2023/02/22/outdated-technology-irs/ China urges state firms to drop Big Four auditors on data risk | Accounting Today https://www.accountingtoday.com/articles/china-urges-state-firms-to-drop-big-four-auditors-on-data-risk Twitter Poll: Should 150 college credits be required or 120 to be a CPA? https://twitter.com/mikesyl36625988/status/1626946277127729155?s=12&t=ETTs0WOvobuoMmjCN8GztQ What You Should Know About Changing the 150 Hour Rule Before You Debate For or Against It https://www.goingconcern.com/150-hour-rule-changes-issues/ Accounting Thought Leaders Discuss Future of the Profession, Advisory Services, and Tax https://www.cpapracticeadvisor.com/2023/02/21/accounting-thought-leaders-discuss-future-of-advisory-and-tax/76941/ Opinion | The IRS should not be running on 60-year-old technology https://www.washingtonpost.com/opinions/2023/02/22/outdated-technology-irs/ Intuit's (INTU) Q2 Earnings and Revenues Beat Estimates https://www.zacks.com/stock/news/2058809/intuit-s-intu-q2-earnings-and-revenues-beat-estimates?cid=CS-ZC-FT-analyst_blog|earnings_article-2058809 China to shift away from Big Four accounting firms https://asiatimes.com/2023/02/china-to-shift-away-from-big-four-accounting-firms/ Intuit Inc. (INTU) Q2 2023 Earnings Call Transcript https://seekingalpha.com/article/4581444-intuit-inc-intu-q2-2023-earnings-call-transcript Intuit Reports Strong Second Quarter Results and Reiterates Full Year Guidance http://www.businesswire.com/news/home/20230223005037/en/Intuit-Reports-Strong-Second-Quarter-Results-and-Reiterates-Full-Year-Guidance How CPA Firms Are Engaging the Next Tax and Accounting Pros https://news.bloombergtax.com/tax-insights-and-commentary/how-cpa-firms-are-engaging-the-next-tax-and-accounting-pros TurboTax parent company Intuit is pouring more money than ever into lobbying amid push for free government-run tax filing https://www.opensecrets.org/news/2023/02/turbotax-parent-company-intuit-is-pouring-more-money-than-ever-into-lobbying-amid-push-for-free-government-run-tax-filing/ 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:

Feb 23, 2023

Guest Randy Crabtree of The Unique CPA podcast; the UK has an accountant turnover crisis, too; should accountants unionize? Field service app Jobber raises $100 million and more! Sponsors SuiteFiles - https://cloudaccountingpodcast.promo/suitefiles LiveFlow - https://cloudaccountingpodcast.promo/liveflow Anchor - https://cloudaccountingpodcast.promo/anchor Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, SuiteFiles (00:26) - Preview: Why Saas businesses look horrible on paper (01:08) - Introduction and welcome Randy Crabtree to the show (03:04) - Some background on Randy and his firm (05:14) - NASBA votes on keeping the 150 hour requirement (08:56) - Will CPAs and audits even be necessary in the future? (11:48) - Did Randy have to get 150 hours? (15:54) - Accounting as an AP class and how to reach more high school students (21:59) - Thank you to our sponsor, SuiteFiles (23:25) - Checking in on the live chat (27:10) - Losing accountants isn't just a United States problem (29:47) - The University of Arizona partners with Deloitte for an accounting scholarship program (30:35) - Blakes plays a clip from Planet Money (35:08) - Thank you to our sponsor, LiveFlow (36:25) - Jobber raises $100 million and the SaaS business model (42:03) - Client Hub launches a free recategorized plan (43:35) - Google Calendar now fights calendar spam (45:23) - Thank you to our sponsor, Anchor (47:02) - CFO's vow to boost their tech influence in 2023 (47:48) - New Zealand company Hnry, raises $35 million in series B (49:03) - Chat CPA website (53:16) - Zapier blog post on best AI productivity tools (56:27) - Randy has to run, and another check on the chat (01:00:02) - Hinge Research put out a high growth study for 2023 (01:01:26) - Would accountants support a type of "union" for better working conditions? (01:06:49) - A few listener emails (01:11:58) - Wrap up and where to reach Blake and David (01:13:36) - Client Hub (01:14:12) - RightTool (01:14:35) - Future Firm Accelerate (01:15:22) - How to advertise in these classifieds Show Notes The best AI productivity tools in 2023 | Zapier https://zapier.com/blog/best-ai-productivity-tools/ The Accountant Shortage Isn't Bad Enough For NASBA to Entertain Dropping the 150 Hour Requirement - Going Concern https://www.goingconcern.com/nasba-150-hour-rule-accountant-shortage/ HF 1749 as introduced - 93rd Legislature (2023 - 2024) https://www.revisor.mn.gov/bills/text.php?number=HF1749&session=ls93&version=list&session_number=0&session_year=2023&keyword_type=all&keyword=Accountancy ChatCPA - Chat with an A.I. trained by a CPA https://www.chatcpa.io/ Google adds a new way to block calendar spam. Here’s how to use it https://www.cnbc.com/2022/07/20/how-to-block-google-calendar-spam-with-a-new-feature-that-stops-it.html Client Hub Launches a Free Recategorize Plan - CPA Practice Advisor https://www.cpapracticeadvisor.com/2023/02/13/client-hub-launches-a-free-recategorize-plan/76782/ NASBA upholds 150-hour education requirement for CPA licensure - Journal of Accountancy https://www.journalofaccountancy.com/news/2023/feb/nasba-upholds-150-hour-education-requirement-for-cpa-licensure.html CFOs Vow to Boost Tech Influence in 2023 https://www.cfo.com/technology/2023/02/tech-spending-2023-finance-team/ LinkedIn poll: Should accountants unionize? https://www.linkedin.com/posts/blaketoliver_accountants-activity-7016853793652838402-2_cC?utm_source=share&utm_medium=member_ios Self-employed bookkeeping platform Hnry books $35 million Series B https://www.startupdaily.net/topic/funding/self-employed-bookkeeping-platform-hnry-books-35-million-series-b/ Jobber fixes on $100M as its platform for home services pros hits ... https://techcrunch.com/2023/02/07/jobber-fixes-on-100m-as-its-platform-for-home-services-pros-hits-200k-users/ Eller College scholarship aims to promote diversity in accounting https://azbigmedia.com/business/eller-college-scholarship-aims-to-promote-diversity-in-accounting/ KPMG becomes first Big Four accounting firm to cut staff in US: Report https://www.indiatoday.in/business/story/kpmg-becomes-first-big-four-accounting-firm-to-cut-staff-in-us-2335430-2023-02-16 The Impact of AI on the Accounting Profession https://www.cpapracticeadvisor.com/2023/02/13/the-impact-of-ai-on-the-accounting-profession/76772/ Accounting: uncovering the hidden gem of the math department https://www.inklingsnews.com/opinions/2023/02/10/accounting-uncovering-the-hidden-gem-of-the-math-department/ Third of accountants consider changing jobs https://www.accountancydaily.co/third-accountants-consider-changing-jobs Get in Touch Thanks for listening and for ...

Feb 15, 2023

We dissect the AICPA's plan; Short seller Hindenburg Research reports that Adani Group had 23 and 24 year-old auditors sign off on financials. WSJ asks: "How can we make accounting cool?"; Biden vows to veto GOP plan to abolish the IRS; CPA exam takers down 25% since 2018; IRS too busy to replace old computers, suspends project Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay Relay - https://cloudaccountingpodcast.promo/relay First Republic Bank - https://cloudaccountingpodcast.promo/firstrepublic Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, OnPay (00:19) - Preview: (01:01) - Introduction and some of what we'll cover this episode (03:13) - NPR Marketplace interview with Adrienne Gonzalez and the struggle to find accountants (10:30) - AICPA's town hall (16:43) - Thank you to our sponsor, OnPay (18:01) - Checking in on our live chat (21:12) - Matt asks for ideas on how he should obtain his 150 hours (27:47) - Thank you to our sponsor, Relay (29:55) - Accounting Today article on CPA exam pass rates falling in 2022 (35:59) - GAO says IRS gave up on computer systems upgrade (39:49) - Thank you to our sponsor, First Republic Bank (40:35) - Republican bill to abolish the IRS (43:15) - Lets talk about Adani Group's auditors (46:20) - Tether releases latest attestation report (48:51) - Nikole's voicemail and the Accounting High bracket (51:32) - Company holds "funeral" for QuickBooks (53:35) - Blake reads some listeners comments and feeback (58:05) - Wrap up and the CAP is going ti Expensicon! (59:46) - Classifieds (59:48) - Client Hub (01:00:24) - RightTool (01:00:46) - Federal Tax Updates Podcast (01:01:59) - How to advertise in these classifieds Show Notes How Can We Make Accounting Cool? - WSJ https://www.wsj.com/articles/how-can-we-make-accounting-cool-11675973909 If You Let 23-Year-Olds Sign Off on Audits, You're Gonna Have a Bad Time https://www.goingconcern.com/adani-group-auditors/ Why there's a national shortage of accountants https://www.marketplace.org/2023/02/07/as-tax-season-approaches-accounting-firms-are-short-on-staff/ Biden Vows to Veto GOP Plan to Abolish the IRS https://www.cpapracticeadvisor.com/2023/02/02/biden-vows-to-veto-gop-plan-to-abolish-the-irs/76458/ Controller - National Women's Soccer League (New York · NY) https://www.teamworkonline.com/soccer-jobs/nwslsoccer/nwsl-league-office/controller-2034269 What’s New in FreshBooks – 2023 https://www.freshbooks.com/blog/product-updates-2023 Self-employed bookkeeping platform Hnry books $35 million Series B https://www.startupdaily.net/topic/funding/self-employed-bookkeeping-platform-hnry-books-35-million-series-b/ McDonalds Presidents Says California FAST Act Will Kill Restaurants https://smallbiztrends.com/2023/01/mcdonalds-presidents-says-california-fast-act-will-hurt-small-business.html New York Requires Disclosure in Small Businesses Financing https://www.pymnts.com/news/regulation/2023/new-york-requires-disclosure-in-small-businesses-financing/ Almost 70K ‘questionable’ Social Security numbers used for $5.4B in pandemic-related loans: watchdog https://thehill.com/policy/finance/3837329-almost-70k-questionable-social-security-numbers-used-for-5-4b-in-pandemic-related-loans-watchdog/ The 15 largest banks in the US https://finance.yahoo.com/news/15-largest-banks-us-160040404.html Football, lifeguarding, college and accounting https://hoganstand.com/article/index/326378 Password Managers – An Insightful Accountant Software Comparison https://www.intuitiveaccountant.com/accounting-tech/vendor-news/password-managers-an-insightful-accountant-software-comparis/ IRS more likely to audit Black taxpayers https://www.accountingtoday.com/news/irs-more-likely-to-audit-black-taxpayers Press Release- February 1, 2023: Superintendent Adrienne A. Harris Adopts Updated Regulation For Disclosure Requirements For Commercial Financing https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202302011 Crypto’s One-Time Favorite Bank Faces Federal Probe Into FTX Relationship https://www.pymnts.com/cryptocurrency/2023/cryptos-one-time-favorite-bank-faces-federal-probe-into-ftx-relationship/ US Bank launches automated direct deposit switching https://bankautomationnews.com/allposts/payments/us-bank-launches-automated-direct-deposit-switching/ Chase to Expand Small Business Banking Workforce by 20% https://www.pymnts.com/digital-first-banking/2023/chase-to-expand-small-business-banking-workforce-by-20-pct/

Feb 8, 2023

Guest: Intuit Accountants leader Ted Callahan; The latest on QuickBooks Connect 2023; How to defend against ChatGPT stealing your job; Crypto lender Celsius used QuickBooks, too! Sponsors Relay - https://cloudaccountingpodcast.promo/relay LiveFlow - https://cloudaccountingpodcast.promo/liveflow Client Hub- https://cloudaccountingpodcast.promo/clienthub Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, Relay (00:26) - Intuit's "Prosperity Ladder" (01:04) - Introduction: Welcome Ted Callahan to the show (02:23) - Earmark launched "Crypto With Accountants" (03:35) - What is Ted's job title and what does he do day to day at Intuit (07:33) - What will Chat GPT and AI change in the accounting industry (09:28) - Will some of Intuit's own internal technology be available for customers to use? (12:08) - Thank you to our sponsor, Relay (13:19) - The Intuit message has changed re: taxes (18:44) - How do you respond to people who say Intuit is now an accountants competitor? (22:53) - Are intuit accounting employees part time? Full time? Get benefits? (26:45) - Thank you to our sponsor, LiveFlow (28:02) - Expanding more on Intuit's accounting employees (33:53) - What should a young owner of a small accounting firm focus on? Where is the opportunity? (38:06) - Let's talk a little about pricing (41:38) - Blake checks in on the live chat (44:40) - Thank you to our sponsor, 3 (46:03) - Some thought on QuickBooks Connect 2022 and plans for QB Connect 2023 (50:17) - FTX and Celsius were on QuickBooks... should they have been? (55:33) - ChatGPT article in Medium using accountants as examples (01:04:25) - David reads a job posting and wrap up (01:07:22) - Client Hub (01:07:59) - RightTool (01:08:21) - Federal Tax Updates Podcast (01:09:35) - How to advertise in these classifieds Show Notes Celsius Was Using QuickBooks for Its Accounting—Just Like FTX – Decrypt https://decrypt.co/120284/celsius-quickbooks-accounting-ftx Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible https://coingeek.com/celsius-tosses-scraps-to-victims-alex-mashinsky-thought-himself-infallible/ Celsius Network: Final report from the examiner — lies, incompetence and Ponzi schemes https://davidgerard.co.uk/blockchain/2023/02/01/celsius-network-final-report-from-the-examiner-lies-incompetence-and-ponzi-schemes/ Intuit Supercharges Virtual Expert Platform with AI Enhancements to Streamline Expert-Assisted Tax Filing https://aithority.com/machine-learning/intuit-supercharges-virtual-expert-platform-with-ai-enhancements-to-streamline-expert-assisted-tax-filing/ Will ChatGPT replace you? https://medium.com/@theo.seeds/will-chatgpt-replace-you-36b05cebe160 AI is not a threat to the accounting profession: as written by an AI https://www.accountingtoday.com/opinion/ai-is-not-a-threat-to-the-accounting-profession-as-written-by-an-ai Will ChatGPT replace you?. How to tell if you’re gonna lose your… | by Theo Seeds | Jan, 2023 https://medium.com/@theo.seeds/will-chatgpt-replace-you-36b05cebe160 QuickBooks Live Bookkeeping Pricing - Quickbooks https://quickbooks.intuit.com/live/pricing/ QuickBooks Connect FAQ https://quickbooksconnect.com/faq/ 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Client Hub - https://clienthub.app/ RightTool for QuickBooks Online - https://righttool.app Federal Tax Updates podcast - https://federaltaxupdates.com/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad:

Feb 3, 2023

Recession needed to increase accounting grads; Amber Setter on improving the CPA pipeline; 2023 tax season officially starts; tech layoffs hit accounting tech Sponsors Keeper - https://cloudaccountingpodcast.promo/keeper LiveFlow - https://cloudaccountingpodcast.promo/liveflow Anchor - https://cloudaccountingpodcast.promo/anchor Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, Keeper (00:20) - Preview : Accountants are prestressed for busy season (00:56) - Blake is in Tucson; Welcome Amber to the show (04:29) - Who is your ideal customer for coaching? (06:42) - Remote workers save an average of 72 minutes per day (14:49) - Thank you to our sponsor, Keeper (16:22) - YouTube Live comment from Sam on working from home (18:07) - WSJ says the job market for remote workers is shrinking — but the demand is still high (19:37) - Will tech layoffs lead college students to accounting? (22:17) - Is it realistic for someone in tech to transition into accounting? (25:43) - Thank you to our sponsor, LiveFlow (27:03) - George Santos was involved in an alleged $17 million Ponzi scheme in Florida (29:46) - Moody's is working on a scoring system for stable coins (31:09) - Wash sales represent up to 77% of trades on unregulated crypto exchanges (32:56) - The IRS released guidance on crypto check mark on 1040s (33:56) - Are accountants more optimistic for the 2023 tax season (37:53) - Thank you to our sponsor, Anchor (39:42) - The IRS has opened an online portal where businesses can file 1099s (42:08) - A few QuickBooks updates (43:45) - AccountingWED article summarizing all the accounting tech layoffs (46:42) - ChatGPT updates (48:41) - Rocket Lawyer has launched Rocket Tax (53:15) - Listener mail from Greg on his firm actually looking for more clients (58:39) - Message from Jared about Right Tool (01:01:33) - Wrap up, where to reach Amber, and one new review (01:04:17) - Client Hub (01:04:54) - RightTool (01:05:16) - Federal Tax Updates Podcast (01:06:30) - How to advertise in these classifieds Show Notes New Xero data sees US small business sales slow as consumer spending tightens https://www.xero.com/us/media-releases/xero-small-business-insights-usa-january-2023/ KPMG Vice Chair Hopes All the Tech Layoffs Will Scare College Kids Into Accounting https://www.goingconcern.com/kpmg-vice-chair-hopes-all-the-tech-layoffs-will-scare-college-kids-into-accounting/ TurboTax Tax Trends Report https://blog.turbotax.intuit.com/life/turbotax-tax-trends-report-tax-year-2021-53767/ The Argument for Accounting https://merrimacknewspaper.com/the-argument-for-accounting/ Accounting Software Maker IRIS Sees 30% Growth https://www.cpapracticeadvisor.com/2023/01/24/accounting-software-maker-iris-sees-30-growth/76127/ IRS clarifies crypto question on tax form https://www.accountingtoday.com/news/irs-clarifies-crypto-question-on-tax-form This forensic accounting startup in Seattle is helping lawyers solve ... https://www.geekwire.com/2023/this-forensic-accounting-startup-in-seattle-is-helping-lawyers-solve-fraud-investigations/ Bookkeeper Job Description https://www.executivepastoronline.com/bookkeeper-job-description/ The Largest Accounting Firm in Kentucky Thinks a Tower Will Win the Talent War https://www.goingconcern.com/the-largest-accounting-firm-in-kentucky-thinks-a-tower-will-win-the-talent-war/ Important Changes to QuickBooks Related 1099 Filing and Billing for 2023 https://www.intuitiveaccountant.com/accounting-tech/general-ledger/important-changes-to-quickbooks-related-1099-filing-and-bill/ Over 2 in 3 small business owners already feel burnt out in first week of 2023 Intuit QuickBooks research shows https://finance.yahoo.com/news/over-2-3-small-business-090000132.html IRS opens 2023 tax filing season https://www.accountingtoday.com/news/irs-opens-2023-tax-filing-season Small businesses lament Sage's monthly subscription changes amid rising costs https://www.itpro.co.uk/software/369796/small-businesses-lament-sages-monthly-subscription-changes-amid-rising-costs Rocket Lawyer Launches Tax Prep Tool for Small Business Owners https://smallbiztrends.com/2023/01/rocket-tax-software-for-small-business.html State Corporate Income Tax Rates and Brackets for 2023 https://taxfoundation.org/state-corporate-income-tax-rates-brackets-2023/ 3.4m still need to file tax return https://www.accountancydaily.co/34m-still-need-file-tax-return Melio Launches Integration To Sync Payments Data with Xero https://www.prnewswire.com/news-releases/melio-launches-integration-to-sync-payments-data-with-xero-301728971.html Firms Hope to Win With Receipt Data Solutions but Implementation Issues Abound

Jan 27, 2023

Meet Our Guest, Lea Briscoe LinkedIn: https://www.linkedin.com/in/lea-briscoe-0765418/ Learn more about Purple Wave https://www.purplewave.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jan 27, 2023

Sponsors Keeper - https://cloudaccountingpodcast.promo/keeper Relay - https://cloudaccountingpodcast.promo/relay First Republic Bank - https://cloudaccountingpodcast.promo/firstrepublic Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, Keeper (00:20) - Preview: Will AI replace accountants in audits (01:04) - Introduction and quick recap of Blake's week in Park City (03:43) - Earmark has launched a new Federal Tax Updates podcast (07:15) - Source says Square is launching their own GL (10:46) - Some final takeaways from skiing trip (13:18) - Thank you to our sponsor, Keeper (14:55) - Article about a high school student who wants to become an accountant (17:56) - IRS audit rates declined further in 2022 (19:10) - The Tax Foundation made a graphic on the IRS backlog (21:54) - Accountants need to narrow their scope in 2023 (23:13) - Canadian accounting firm sues employee for overbilling on timesheets (28:46) - Thank you to our sponsor, Relay (30:04) - "Office Space" inspired sofrware engineering scam (32:40) - Are mid-career CPAs happy in your firm? (36:25) - David's first reaction to Chat GPT (41:28) - Thank you to our sponsor, First Republic Bank (42:31) - Blake uses Chat GPT live to demonstrate what it can do (47:33) - Chad Davis uses Chat GPT to write fake CAP episode intro (49:46) - Somebody used Chat GPT to try to pass a chartered accountant exam in England (54:45) - Paula's message and idea about a national CPA license (58:38) - Tori's email on how a radical step is needed to change the AICPA (59:53) - Deanna asks for best apps to import journal entries into QBO Advanced (01:01:47) - Accounting firms might want to look into hiring some of these laid off tech employees (01:02:26) - Checking in on the live chat discussion on ChatGPT (01:04:09) - Wrap up and reminder to subscribe to our YouTube channel (01:07:29) - Classifieds (01:07:31) - Client Hub (01:08:08) - RightTool (01:08:30) - Federal Tax Updates Podcast (01:09:44) - How to advertise in these classifieds Show Notes George Clooney to be Headline Speaker at ExpensiCon 2023 - CPA Practice Advisor https://www.cpapracticeadvisor.com/2023/01/18/george-clooney-to-be-headline-speaker-at-expensicon-2023/75905/ AI chatbot falls just short on accounting exam | AccountingWEB https://www.accountingweb.co.uk/tech/tech-pulse/ai-chatbot-falls-just-short-on-accounting-exam IRS audit rates declined further in 2022 | Accounting Today https://www.accountingtoday.com/news/irs-audit-rates-declined-further-in-2022 Are midcareer CPAs happy in your firm? | Accounting Today https://www.accountingtoday.com/opinion/are-mid-career-cpas-happy-in-your-firm 2023 Tax Filing Season: Tax Season Delays & Complexity | Tax Foundation https://taxfoundation.org/2023-tax-filing-season/ Canadian accountant is ordered to repay employer for 'time theft' : NPR https://www.npr.org/2023/01/13/1148985075/time-tracking-software-canadian-woman-reach-cpa-court 'Office Space' Inspired Software Engineer's Scam, Prosecutors Say - CPA Practice Advisor https://www.cpapracticeadvisor.com/2023/01/06/office-space-inspired-software-engineers-theft-scheme-prosecutors-say/75515/?_ga=2.116447811.479438550.1673332096-1770167994.1673332096 3 Game-Changing Accounting Trends to Look Out for in 2023 https://www.spiceworks.com/finance/accounting/guest-article/3-game-changing-accounting-trends-to-look-out-for/ Facing Busy Season ’23: 99% of Accountants Suffer Burnout https://cpatrendlines.com/2023/01/12/facing-busy-season-23-99-of-accountants-suffer-burnout/ Basecamp details 'obscene' $3.2 million bill that caused it to quit the cloud https://www.theregister.com/2023/01/16/basecamp_37signals_cloud_bill/ Accountant must repay employer after software shows ‘time theft’ https://www.accountingweb.co.uk/tech/practice-software/accountant-must-repay-employer-after-software-shows-time-theft George Clooney to Headline Expensicon 2023 https://www.intuitiveaccountant.com/education-hub/training-center/george-clooney-to-headline-expensicon-2023/ U.S. accounting watchdog faces lawsuit over its 'secretive ... https://www.reuters.com/legal/us-accounting-watchdog-faces-lawsuit-over-its-secretive-disciplinary-process-2023-01-20/ TaxBit Announces Acquisition of Digital Asset Accounting Startup ... https://www.prnewswire.com/news-releases/taxbit-announces-acquisition-of-digital-asset-accounting-startup-tactic-301723033.html The IRS names the top tax crooks of 2022 https://www.accountingtoday.com/list/the-irs-names-the-top-tax-crooks-of-2022 5 ideas to watch out for in accounting in 2023 https://www.accountingtoday.com/news/5-ideas-to-watch-out-for-in-accounting-in-2023 CryptoCFOs Launch App to Access Crypto Tax & Accounting Communi...

Jan 24, 2023

Meet Our Guests: Bonnie Forssell LinkedIn: https://www.linkedin.com/in/bonnie-l-forssell-3534535a/ Jennifer Herbert LinkedIn: https://www.linkedin.com/in/jennifer-herbert-a87919a5/ Learn more about Vitamin Angels https://www.vitaminangels.org/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jan 20, 2023

Sponsors Zoho - https://cloudaccountingpodcast.promo/zoho LiveFlow - https://cloudaccountingpodcast.promo/liveflow Anchor - https://cloudaccountingpodcast.promo/anchor Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, Zoho (00:27) - Preview: We need to make accountants aware of accounting career paths with real work life balance (01:11) - Introduction and quick overview of Blake's week and FAA meltdown (11:22) - What logic did the firm give David for letting him go? (21:15) - Thank you to our sponsor, Zoho (22:40) - Not enough firms are offering remote work (25:38) - Accountants don't need help getting clients (27:56) - Blake shares a story about his friend switching firms (29:44) - Blake shares a chart from CPA Trendlines (33:35) - What is the starting salary for a CPA at a medium to large firm? (37:16) - Thank you to our sponsor, LiveFlow (38:25) - Quick follow up on the story of a recent accounting graduate choosing the military over a Big 4 firm (40:06) - What is Profit First? And what do you do? (46:20) - Parkinson's Law (49:53) - Thank you to our sponsor, Anchor (52:39) - Jennifer's voicemail about her networking event for students (56:19) - Going over some comments in our live chat (01:02:47) - Linda's message about Illinois lowering the CPA hours requirement from 150 to 120 hours to sit for the exam (01:06:26) - Bernard's feedback on the Ron Baker episode (01:10:25) - David makes a new 2023 prediciton (01:11:08) - Rusty's message about North Carolina's CPA license requirements (01:13:54) - Wrap up and where to reach Blake and David (01:15:14) - Classifieds (01:15:16) - Client Hub (01:15:53) - RightTool (01:16:15) - Federal Tax Updates Podcast (01:17:27) - How to advertise in these classifieds Links More remote workers than work https://www.linkedin.com/news/story/more-remote-workers-than-work-5073937/ http://btaxgo.com/ufadlli SEC Charges Genesis and Gemini Following Crypto Collapse Contagion https://www.pymnts.com/cryptocurrency/2023/sec-charges-genesis-and-gemini-following-crypto-collapse-contagion/ IRS Provides Tax Relief for California Storm Victims https://blog.turbotax.intuit.com/tax-news/irs-provides-tax-relief-for-california-storm-victims-53808/ AICPA Unveils Plans for Redesigned CPA Exam in 2024 ... https://insidepublicaccounting.com/2023/01/aicpa-unveils-plans-for-redesigned-cpa-exam-in-2024/ 2023: The Year of Crypto Compliance https://www.corporatecomplianceinsights.com/2023-crypto-predictions/ Quickbooks missed a golden opportunity to market itself with the FTX saga https://medium.com/coinmonks/quickbooks-missed-a-golden-opportunity-to-market-itself-with-the-ftx-saga-d381c373af05?source=rss----721b17443fd5---4 The Financial Future: The Impact of AI on Finance and Accounting https://medium.com/@businessbreakthrough/the-financial-future-the-impact-of-ai-on-finance-and-accounting-d8d350edcb1d Most companies pay $11 or more per expense report https://www.accountingtoday.com/news/most-companies-pay-11-or-more-per-processed-expense-report Terry Smith fires darts at Meta, Apple, Unilever and accounting ... https://www.proactiveinvestors.com/companies/news/1002893/terry-smith-fires-darts-at-meta-apple-unilever-and-accounting-practices-after-fundsmith-underperforms-1002893.html Intuit Plans To Launch Crypto-Related Software’s https://thecryptobasic.com/2023/01/10/intuit-plans-to-launch-crypto-related-softwares/ IRS audit rates declined further in 2022 https://www.accountingtoday.com/news/irs-audit-rates-declined-further-in-2022 Addressing the accounting hiring crisis https://www.accountingtoday.com/opinion/addressing-the-accounting-hiring-crisis IRS Cultivating Ties With Crypto Companies to Combat Fraud https://www.pymnts.com/cryptocurrency/2023/irs-cultivating-ties-with-crypto-companies-to-combat-fraud/ Sam Bankman-Fried Tweets From Parent’s Basement, Denies Moving Funds From Alameda Research https://beincrypto.com/sam-bankman-fried-tweets-parents-basement-denies-moving-funds-alameda-research/ Chewy CFO Seeks Labor Cost Savings via Automated Fulfillment https://www.pymnts.com/news/retail/2023/chewy-cfo-seeks-labor-cost-savings-via-automated-fulfillment/ AICPA Says It Was Not Hacked, Refutes Report https://www.cpapracticeadvisor.com/2023/01/12/aicpa-says-report-about/75816/ Attackers steal AICPA emails passwords https://cybernews.com/news/attackers-steal-aicpa-emails-passwords/ Connect with Ron Saharyan Website: https://profitfirstprofessionals.com/ LinkedIn: https://www.linkedin.com/in/ron-saharyan-3846a8/ Twitter: <...

Jan 16, 2023

Meet Our Guest: Matthew Woodcock https://www.linkedin.com/in/matthew-woodcock-230a1210/ Learn more about Sprague Pest Solutions Website: https://www.spraguepest.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jan 11, 2023

Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay LiveFlow - https://cloudaccountingpodcast.promo/liveflow Patriot Software - https://cloudaccountingpodcast.promo/patriot 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 16:03 – Zero100 Supply Chain Predictions For 2023 https://www.forbes.com/sites/kevinomarah/2022/12/29/zero100-supply-chain-predictions-for-2023/ 19:45 – 200262 top 10 fintech predictions for 2023 https://www.crowdfundinsider.com/2022/12/200262-top-10-fintech-predictions-for-2023/ 36:50 – AccountingWEB quotes of the year 2022 https://www.accountingweb.co.uk/tax/hmrc-policy/accountingweb-quotes-of-the-year-2022 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds ClientHub - https://clienthub.app/ Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: info@cloudaccountingpodcast.com

Jan 10, 2023

Meet Our Guest: Cameka Smith LinkedIn: https://www.linkedin.com/in/camekasmith/ Learn more about The Boss Network Website: https://www.thebossnetwork.org/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jan 8, 2023

Meet Our Guests: Aaron Harris, Global CTO at Sage Website: https://www.sageintacct.com/leadership/aaron-harris LinkedIn: https://www.linkedin.com/in/aaron-harris-7407b2/ Walid Abu-Hadba, Chief Product and Development Officer at Sage LinkedIn: https://www.linkedin.com/in/walida/ Steve Hare LinkedIn: https://www.linkedin.com/in/steve-hare/ Twitter: https://www.twitter.com/stevehare Learn more about Sage Website: https://www.sage.com/en-us/ Website: https://www.sageintacct.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jan 6, 2023

Sponsors LiveFlow - https://cloudaccountingpodcast.promo/liveflow Zoho - https://cloudaccountingpodcast.promo/zoho 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 7:30 – Larry Lonero - What happened to Southwest Airlines? https://m.facebook.com/story.php?story_fbid=pfbid0yKYoWfoFnjNZcCBP4fz1M6nSEiaW2CqKE2E5ZGCWEHRqPretS3LVvWfqsZMkjvwml&id=1315600950&mibextid=qC1gEa 17:00 – Why So Many Accountants Are Quitting https://www.wsj.com/articles/why-so-many-accountants-are-quitting-11672236016 25:00 – What's the Lowest Pay US Workers Would Accept for a New Job? Almost $74,000 – Bloomberg https://trib.al/P7ACxdI 30:00 – FW: Promoting and Growing the CPA Profession Together 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: info@cloudaccountingpodcast.com

Dec 30, 2022

Sponsors LiveFlow - https://cloudaccountingpodcast.promo/liveflow Zoho - https://cloudaccountingpodcast.promo/zoho 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 Buy Ron's book, "Time's Up!: The Subscription Business Model for Professional Firms": https://a.co/d/afwLczp 14:27 – FTX US auditor Armanino defends work for failed crypto exchange https://www.ft.com/content/42087255-92ad-45b7-b5ad-3b8457e0c1f8 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds RightTool for QuickBooks Online - https://righttool.app Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Dec 23, 2022

Sponsors Zoho - https://cloudaccountingpodcast.promo/zoho Liscio - https://cloudaccountingpodcast.promo/liscio Canopy - https://cloudaccountingpodcast.promo/canopy 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 14:24 – Accountant that vetted Binance's reserves halts all crypto work | Accounting Today https://www.accountingtoday.com/articles/accountant-that-vetted-binances-reserves-halts-all-crypto-work 15:00 – Auditor Mazars Pauses All Work For Binance, Other Crypto Clients https://www.investopedia.com/mazars-suspends-crypto-clients-6931106 Binance says the accounting firm it used to verify its reserves has paused all work for crypto clients https://www.wsj.com/articles/binance-says-accounting-firm-pauses-work-for-its-crypto-clients-11671200654 Binance Shows 'Proof' It Has All Your Bitcoin — Critics Aren't Sold – Blockworks https://blockworks.co/news/binance-shows-proof-it-has-all-your-bitcoin-critics-arent-sold Twitter: What’s going on with Binance? https://twitter.com/grdecter/status/1603786519445135360?s=12&t=sLzsirYQevPrZ7y6qVSYBw 21:30 – Tether has increasingly been lending its own coins, adding risks to the stablecoin that is an important cog in the crypto system https://www.wsj.com/articles/rising-tether-loans-add-risk-to-stablecoin-crypto-world-11669875590 36:39 – Intuit announces enhancements to tax products https://www.accountingtoday.com/news/intuit-tax-advisor-boosted-with-bevy-of-new-features 40:50 – Wayne Chang on LinkedIn: What an *incredible* last 5 years! https://www.linkedin.com/posts/waynechang_what-an-incredible-last-5-years-activity-7008861925388275712-330c?utm_source=share&utm_medium=member_ios 42:53 – Xero establishes a technology base in India | Xero Blog https://www.xero.com/blog/2022/11/xero-establishes-technology-base-in-india/ 45:27 – U.S. banks including JPMorgan Chase are creating a plan to refund victims of scams on the Zelle payment network https://www.wsj.com/articles/jpmorgan-other-banks-in-talks-to-reimburse-scammed-zelle-customers-11669608886 45:55 – Build connections in Microsoft Teams with Games for Work, a new Microsoft Teams app| Microsoft 365 Blog https://www.microsoft.com/en-us/microsoft-365/blog/2022/11/16/build-connections-with-games-for-work-a-new-microsoft-teams-app/ 50:53 – Voicemail from Kate Johnson, re: education – Thank you! 54:56 – Crypto.com proof of reserve agreed upon procedures https://mail.google.com/mail/u/0/#inbox/FMfcgzGrbRZxbsrFFpflZqfdGLCtwTTl 56:20 – Luke Templin purchased FinDaily.io from Jason Staats 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds RightTool for QuickBooks Online - https://righttool.app Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Dec 16, 2022

Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay Canopy - https://cloudaccountingpodcast.promo/canopy FreshBooks - https://cloudaccountingpodcast.promo/freshbooks Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Watch More Highlights from QuickBooks Connect 2022 here: https://youtube.com/playlist?list=PLumDOwSc4oNqbL8OmegkyuFiyIK8KgerZ Show Notes 6:11 – Blake Oliver on Twitter: "3 things I learned at #qbconnect https://twitter.com/BlakeTOliver/status/1601675538656919552 20:10 – Intuit QuickBooks' Latest Innovations to Help Support and Drive Business Success https://www.intuitiveaccountant.com/accounting-tech/vendor-news/intuit-quickbooks-latest-innovations-to-help-support-and-dri/ 22:27 – Intuit rolls out new features for QuickBooks Online Accountant https://news.google.com/__i/rss/rd/articles/CBMiY2h0dHBzOi8vd3d3LmFjY291bnRpbmd0b2RheS5jb20vbmV3cy9pbnR1aXQtcm9sbHMtb3V0LW5ldy1mZWF0dXJlcy1mb3ItcXVpY2tib29rcy1vbmxpbmUtYWNjb3VudGFudNIBAA?oc=5 36:00 – 3000+ Accounting Pros Attend Live QB Connect Conference in Vegas: Intuit Announces Big New Features https://www.cpapracticeadvisor.com/2022/12/08/intuit-announces-new-tech-at-qbc-conference/74149/ 52:55 – Congressional report: Scottsdale startup facilitated ‘massive’ amounts of pandemic-related fraud https://www.azfamily.com/2022/12/02/congressional-report-scottsdale-startup-facilitated-massive-amounts-pandemic-related-fraud/ 58:01 – Uplinq Raises $5.6M in Seed Funding https://www.finsmes.com/2022/12/uplinq-raises-5-6m-in-seed-funding.html 1:03:18 – AICPA offers $1M in scholarships for 2023 https://news.google.com/__i/rss/rd/articles/CBMiTWh0dHBzOi8vd3d3LmFjY291bnRpbmd0b2RheS5jb20vbmV3cy9haWNwYS1vZmZlcnMtMW0taW4tc2Nob2xhcnNoaXBzLWZvci0yMDIz0gEA?oc=5 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds RightTool for QuickBooks Online - https://righttool.app uCollect - https://ucollect.biz/cap Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Dec 6, 2022

Sponsors Canopy - https://cloudaccountingpodcast.promo/canopy Relay - https://cloudaccountingpodcast.promo/relay Liscio - https://cloudaccountingpodcast.promo/liscio 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 3:45 – Employers Rethink Need for College Degrees in Tight Labor Market https://www.wsj.com/articles/employers-rethink-need-for-college-degrees-in-tight-labor-market-11669432133 8:23 – Building a Stronger Pipeline: Stacking Pre-CPA Accounting Licenses on the Way to CPA https://www.cpajournal.com/2022/11/23/building-a-stronger-pipeline/ 31:30 – Decimal acquires KPMG Spark | Accounting Today https://www.accountingtoday.com/news/decimal-acquires-kpmg-spark Accounting FinTech Decimal Buys Bookkeeping Service KPMG Spark https://www.pymnts.com/back-office/2022/accounting-fintech-decimal-buys-bookkeeping-service-kpmg-spark/ KPMG Sells Its Spark Business to Accounting Fintech Decimal https://www.cpapracticeadvisor.com/2022/11/30/kpmg-sells-its-spark-business-to-accounting-fintech-decimal/73901/ 38:00 – Deloitte Walking Dead Ad https://www.reddit.com/r/Accounting/comments/z0xtx9/deloitte_walking_dead_ad/?utm_source=share&utm_medium=ios_app&utm_name=iossmf 41:50 – The Best Tax System on Earth https://www.peoplespolicyproject.org/2022/11/29/the-best-tax-system-on-earth/ 45:46 – Comey and McCabe weren't targeted for tax audits, TIGTA finds | Accounting Today https://www.accountingtoday.com/news/comey-and-mccabe-werent-targeted-for-tax-audits-tigta-finds 46:48 – Intuit Inc. (INTU) Q1 2023 Earnings Call Transcript https://seekingalpha.com/article/4561259-intuit-inc-intu-q1-2023-earnings-call-transcript Intuit Reports Strong First Quarter Results and Reiterates Full Year Operating Income and Earnings Per Share Guidance http://www.businesswire.com/news/home/20221129005009/en/Intuit-Reports-Strong-First-Quarter-Results-and-Reiterates-Full-Year-Operating-Income-and-Earnings-Per-Share-Guidance/?feedref=JjAwJuNHiystnCoBq_hl-Q-tiwWZwkcswR1UZtV7eGe24xL9TZOyQUMS3J72mJlQ7fxFuNFTHSunhvli30RlBNXya2izy9YOgHlBiZQk2LOzmn6JePCpHPCiYGaEx4DL1Rq8pNwkf3AarimpDzQGuQ== 50:21 – AuditClub addresses CPA talent shortage with the launch of the AuditClub academy | Accounting Today https://www.accountingtoday.com/news/auditclub-addresses-cpa-talent-shortage-with-the-launch-of-the-auditclub-academy 53:41 – Intuit to Acquire Financial Health Startup SeedFi http://www.businesswire.com/news/home/20221201005348/en/Intuit-to-Acquire-Financial-Health-Startup-SeedFi/?feedref=JjAwJuNHiystnCoBq_hl-SP7CEH_PxTjduXJ0SDrbU6qcp-o_pnudlUwsb5apQ1S4gUE65BTfjH3-pSuqdv0gW3cb3F4oTIgUqCPafFkgu67Ap_pA_yJ1XPgPy1DuJnY 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds RightTool for QuickBooks Online - https://righttool.app uCollect - https://ucollect.biz/cap Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get...

Dec 2, 2022

Sponsors Jirav - https://cloudaccountingpodcast.promo/jirav Zoho - https://cloudaccountingpodcast.promo/zoho Relay - https://cloudaccountingpodcast.promo/relay 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 6:35 – SURVEY: Tax Software Favorite Keeps Crown - CPA Trendlines https://cpatrendlines.com/2022/11/22/survey-tax-software-favorite-keeps-crown/ 18:05 – Top Trends ’23: Look Who’s Making Money Now https://cpatrendlines.com/2022/11/18/outlook-2023-look-whos-making-money-now/ 34:05 – Editing active services https://support.ignitionapp.com/en/articles/6713627-editing-agreed-services 38:45 – Texas startup has laid off most employees after failing to secure more funding https://www.wsj.com/articles/anti-woke-bank-glorifi-to-shut-down-11669051554 51:30 – Ramp on Twitter: "NEW for Accountants &amp; Bookkeepers: Ramp’s Advisor Console. https://twitter.com/tryramp/status/1592899081495613440?s=20&t=Eg_35_92Q13VVNjzgFcLWQ 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds RightTool for QuickBooks Online - https://righttool.app uCollect - https://ucollect.biz/cap Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Dec 1, 2022

Meet Our Guest, Shana Veale LinkedIn: https://www.linkedin.com/in/shana-veale-cpa-822b2aa/ Learn more about PharmChem, Inc. Website: http://www.pharmchek.com The PharmChek® Sweat Patch (or Drug Patch) by PharmChem, Inc. is worn on the skin for up to 10 days or longer and uses sweat as the specimen source. PharmChek® not only acts as a deterrent to continued drug use, but also offers the following advantages: - Increased window of detection - Can be used as both a reward or a sanction - Detects parent drug and drug metabolite - Variable removal date - Quick application & removal - No urine collections - No undetected substitution, dilution, or adulteration - Gender indifferent Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 25, 2022

Sponsors Relay - https://cloudaccountingpodcast.promo/relay Liscio - https://cloudaccountingpodcast.promo/liscio Canopy - https://cloudaccountingpodcast.promo/canopy Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Register to attend the Cloud Accounting Podcast Party during QuickBooks Connect 2022 in Las Vegas: https://cloudacctpod.link/party Show Notes Register to attend the Cloud Accounting Podcast Party during QuickBooks Connect 2022 in Las Vegas: https://cloudacctpod.link/party 9:16 – FTX’s Balance Sheet Was Bad https://archive.ph/2022.11.16-034331/https://www.bloomberg.com/opinion/articles/2022-11-14/ftx-s-balance-sheet-was-bad?leadSource=uverify%20wall 13:00 – Twitter: How bad were FTX’s internal controls? https://twitter.com/grdecter/status/1593272102047580161?s=12&t=Ar7b4TGm8sY-JyEkPV85DQ 23:00 – Meet the Metaverse Nightclub–Loving Audit Firm That Presided Over FTX’s Financials https://www.coindesk.com/business/2022/11/11/meet-the-metaverse-night-clubloving-audit-firm-that-presided-over-ftxs-financials/ 35:29 – Imagine McDonald’s makes its own money https://twitter.com/lynaldencontact/status/1590063257158811648?s=12&t=KR_1sPxxABmrNI70Y8SoGg 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds RightTool for QuickBooks Online - https://righttool.app uCollect - https://ucollect.biz/cap Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 22, 2022

Meet Our Guest, Connor Wray LinkedIn: https://www.linkedin.com/in/connorwray/ Learn more about JonnyPops Website: https://www.jonnypops.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 19, 2022

Meet Our Guest: Michael Card LinkedIn: https://www.linkedin.com/in/michaelcardcertus/ Learn more about Crumbl Cookies Website: https://crumblcookies.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 17, 2022

Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay FreshBooks - https://cloudaccountingpodcast.promo/freshbooks Liscio - https://cloudaccountingpodcast.promo/liscio Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe RSVP for the Cloud Accounting Podcast Party! DECEMBER 7TH 7 PM to 9 PM Chandelier Lounge Cosmopolitan Hotel Las Vegas https://cloudacctpod.link/party Show Notes RSVP for the Cloud Accounting Podcast Party DECEMBER 7TH 7 PM to 9 PM Chandelier Lounge Cosmopolitan Hotel Las Vegas https://cloudacctpod.link/party 1:55 – r/Accounting - Happy International Accounting Day https://www.reddit.com/r/Accounting/comments/yrj5ev/happy_international_accounting_day/?utm_source=share&utm_medium=ios_app&utm_name=iossmf 6:37 – FTX founder blames crypto meltdown on ‘poor labeling’ of bank accounts https://www.telegraph.co.uk/business/2022/11/10/bitcoin-plunge-80pc-jp-morgan-warns-crypto-cascade/ 18:00 – SURVEY: Workflow Is a Problem. So Why Aren't Firms Buying Solutions? - CPA Trendlines https://cpatrendlines.com/2022/11/08/survey-workflow-is-a-problem-but-firms-arent-buying-solutions/ 24:49 – Caleb L. Jenkins, EA, CQP on LinkedIn: TurboTax Live Business Full Service | TurboTax FS Business https://www.linkedin.com/posts/calebjenkins1994_turbotax-live-business-full-service-turbotax-activity-6995591412155129857-HNhh?utm_source=share&utm_medium=member_ios 47:31 – Kanye’s Former Accountant Sues For $4.5M in Unpaid Fees https://www.billboard.com/pro/kanyes-former-accountant-sues-unpaid-fees/ 50:05 – Xero Shares Hit Lowest Level Since March 2020 After CEO Announces Retirement http://www.wsj.com/articles/xero-shares-hit-lowest-level-since-march-2020-after-ceo-announces-retirement-151668040514 Connect with Joe Woodard LinkedIn : https://www.linkedin.com/in/quickbooksadvisor/ Twitter : https://twitter.com/joewoodard Website : http://woodard.com Register for Scaling New Heights 2023: https://www.woodard.com/2023-scaling-new-heights 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds RightTool for QuickBooks Onilne - https://righttool.app uCollect - https://ucollect.biz/cap Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 15, 2022

Meet Our Guests: Patrick White, Co-founder and CEO of Bitwave LinkedIn: https://www.linkedin.com/in/patwhite/ Twitter: https://twitter.com/patwhite Rafael Casas, Vice President of Business Development at Bitwave LinkedIn: https://www.linkedin.com/in/rafaelcasas/ Twitter: https://twitter.com/RafaelCasasBW Learn more about Bitwave https://www.bitwave.io/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 11, 2022

Sponsors FreshBooks - https://cloudaccountingpodcast.promo/freshbooks Liscio - https://cloudaccountingpodcast.promo/liscio Canopy - https://cloudaccountingpodcast.promo/canopy 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 28:33 – Accountants and auditors in Iowa no longer need a four-year degree https://www.3newsnow.com/news/local-news/accountants-and-auditors-in-iowa-no-longer-need-a-four-year-degree 17:42 – The CPA pipeline and changes to the exam — AICPA Town Hall — Overcast https://overcast.fm/+oCOxvU3PM/41:20 Join the Focused Firm email list: https://go.earmarkcpe.com/the-focused-firm 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds RightTool for QuickBooks Onilne - https://righttool.app uCollect - https://ucollect.biz/cap Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 7, 2022

Meet Our Guest, Jason Sheehan CPA, Director of Finance, Griid LinkedIn: https://www.linkedin.com/in/jason-sheehan-cpa/ Learn more about Griid Website: https://www.griid.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: info@cloudaccountingpodcast.com

Nov 4, 2022

Sponsors Canopy: https://cloudaccountingpodcast.promo/canopy Zoho: https://cloudaccountingpodcast.promo/zoho Liscio: https://cloudaccountingpodcast.promo/liscio 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 14:30 – Matt Foreman on Twitter: "Say you don’t know how “ordinary and necessary” is defined by tax law without saying you don’t know how “ordinary and necessary” is defined by tax law. https://twitter.com/ForemanTaxLaw/status/1583131258514997255?s=20&t=15n3x7F2ZI0zGb12LXLuSg 29:46 – Matt Foreman on Twitter: "Tell me you’re taking incredibly aggressive tax positions that won’t withstand audit without saying you’re taking incredibly aggressive tax positions that won’t withstand audit. I’m looking at you @sweatystartup https://twitter.com/ForemanTaxLaw/status/1585230135086747648?s=20&t=15n3x7F2ZI0zGb12LXLuSg 49:12 – How the FedNow(SM) Service will work https://www.youtube.com/watch?v=le8Me8AfK8k Federal Reserve Gov. Waller speaking at Money 20/20 on FedNow. He tells industry to start investing in the build now to be ready to go in 6-8 months at launch, to help ensure full adoption. pic.twitter.com/iVuRmYfFDW— Nick Catino (@CatinoNick) October 25, 2022 https://twitter.com/CatinoNick/status/1584965995084779520 #Money2020USA attendees: Stop by our booth (3022) and the Federal Reserve's Suite at the conference to engage with #Fed representatives and learn more about our progress in #payments modernization! More info: https://t.co/2blzbYCrjP #FedNow #paymentsindustry #fintech pic.twitter.com/l3UHm4OTim— FRB Services (@FRBservices) October 25, 2022 https://twitter.com/FRBservices/status/1584983595306962947 54:06 – Tyler Perry revealed he once fired his accounting team after learning the IRS owed him $9 million https://twitter.com/dionnegrant/status/1583160930778902530?s=12&t=jlkslMylyY6-Hz_nKVrHDw Tyler Perry Fires Entire Accounting Team After Finding Out the IRS Owes Him N3.9b Due to Overpayment https://briefly.co.za/entertainment/celebrities/142975-tyler-perry-fires-entire-accounting-team-finding-irs-owed-r164m-due-overpayment/ 56:37 – This Big 4 Accounting Firm Launches Metaverse Client Experience https://news.google.com/__i/rss/rd/articles/CBMiPWh0dHBzOi8vY29pbmdhcGUuY29tL2NyeXB0by1uZXdzLWVybnN0LXlvdW5nLW1ldGF2ZXJzZS13ZWItMy_SAQA?oc=5 58:15 – Wolters Kluwer plants its flag in the Metaverse | Accounting Today https://www.accountingtoday.com/news/wolters-kluwer-plants-its-flag-in-the-metaverse 1:00:27 – IRS to require speech recognition to reach Practitioner Priority Service | Accounting Today https://www.accountingtoday.com/news/irs-to-require-speech-recognition-to-reach-practitioner-priority-service Meet Jeremy Wells, PhD, CPA, EA Website: http://jwellscfo.com LinkedIn : https://www.linkedin.com/in/jwellscfo/ Twitter : https://twitter.com/JWellsCFO 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds RightTool for QuickBooks Onilne: https://righttool.app uCollect: https://ucollect.biz/cap Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@c...

Nov 2, 2022

Meet Our Guest: Evan Goldberg, Executive Vice President and Founder, NetSuite LinkedIn : https://www.linkedin.com/in/evan-netsuite/ Learn more about NetSuite Website: https://www.netsuite.com Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 28, 2022

Sponsors Liscio: https://cloudaccountingpodcast.promo/liscio Canopy: https://cloudaccountingpodcast.promo/canopy Relay: https://cloudaccountingpodcast.promo/relay 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 2:40 – Alright #TaxTwitter, I'm calling it. After 961 painful days of March 2020, #Marchternity is over. (Except in FL/NC/SC/AK.) Though our profession will never be the same after all this shit, we're very likely done with enormous tax bills in Congress for at least a few years. 1/— Adam Markowitz (@adammarkowitzEA) October 18, 2022 https://twitter.com/adammarkowitzEA/status/1582400309024153600 4:44 – Remote Work Drove Over 60% of US House-Price Surge, Fed Study Finds – Bloomberg https://www.bloomberg.com/news/articles/2022-09-26/remote-work-drove-over-60-of-house-price-surge-fed-study-finds 6:51 – Would You Take a Pay Cut in Exchange For a 40-Hour Workweek in a Beachside Locale? - Going Concern https://www.goingconcern.com/citigroup-malaga-spain-analyst-program/ 14:02 – Art of Accounting: Importance of being or appearing calm | Accounting Today https://www.accountingtoday.com/opinion/art-of-accounting-importance-of-being-or-appearing-calm 19:55 – National Fire Some Clients Day – The Good, The Bad, and The Ugly Accounting Podcast https://podcasts.apple.com/us/podcast/national-fire-some-clients-day/id1631008207?i=1000581829385 20:47 – 70% of Accountants Find Clients are Usually More Responsive than Coworkers https://www.cpapracticeadvisor.com/2022/10/18/70-of-accountants-find-clients-are-usually-more-responsive-than-coworkers/71865/ 25:08 – Three ways to be more productive from an Amazon engineer https://twitter.com/BlakeTOliver/status/1569014786368872448?s=20&t=Jd43_ZqXO-eJNDglERx7HA 29:00 – All my self-employed accountants - how many hrs per day do you work (assume 5-day work week)? https://twitter.com/lorilynwilson/status/1567150457377951744?s=12&t=MzhoXfdIFdLkoRdV6POdGA 33:05 – Fat Joe is Suing BDO - Going Concern https://www.goingconcern.com/fat-joe-is-suing-bdo/ 39:32 – Fan who caught Aaron Judge historic homer may catch big tax bill | Fox Business https://www.foxbusiness.com/sports/fan-who-caught-aaron-judge-historic-homer-catch-big-tax-bill 45:47 – One month after entering the spend management space, Rippling goes after global payroll https://techcrunch.com/2022/10/20/one-month-after-entering-the-spend-management-space-rippling-goes-after-global-payroll/ 47:59 – Bookkeep Advances Mission to Eliminate Manual Data Entry in the Accounting Industry with a $6.6 Million Investment Led by Fin Capital https://www.prweb.com/releases/2022/10/prweb18967596.htm https://www.bookkeep.com/blog/bookkeep-advances-mission-to-eliminate-manual-data-entry-in-the-accounting-industry-with-a-6-6-million-investment-led-by-fin-capital/?utm_source=social_organic&utm_medium=twitter&utm_campaign=20221020_social 51:10 – Microsoft Excel update will give power users plenty to dig their teeth into | TechRadar https://www.techradar.com/news/microsoft-excel-update-will-give-power-users-plenty-to-dig-their-teeth-into 53:43 – Shopify adds tax support to product | Accounting Today https://www.accountingtoday.com/news/shopify-adds-tax-support-to-product 56:17 – Outmin raises €1.5 million to scale accounting solution https://tech.eu/2022/10/20/outmin-raises-eur15-million-to-scale-accounting-solution/ 1:00:51 – Xero Announces Price Changes for North America https://www.intuitiveaccountant.com/accounting-tech/vendor-news/xero-announces-price-changes-for-north-american-users/ 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

Oct 26, 2022

Meet Our Guest: Miguel Otchere-Marshall, Founder and CEO of Nelopy LinkedIn : https://www.linkedin.com/in/miguel-otchere-marshall-58520451/ Learn more about Nelopy https://www.nelopy.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 24, 2022

Meet Our Guest Ben Richmond, CA, Country Manager, United States at Xero LinkedIn: https://www.linkedin.com/in/ben-richmond-ca-b8794220/ Twitter: https://twitter.com/benrichmond1 Learn more about Xero https://www.xero.com/us/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 20, 2022

Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay Zoho - https://cloudaccountingpodcast.promo/zoho FreshBooks - https://cloudaccountingpodcast.promo/freshbooks 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 5:48 – Sage becomes official partner of Major League Baseball in tech brand’s first North American sports partnership https://www.sage.com/en-us/news/press-releases/2022/10/sage-becomes-official-partner-of-major-league-baseball/ Sage announces key acquisition, product enhancements and strategic sports partnership deal at Transform 2022 https://www.sage.com/en-us/news/press-releases/2022/10/sage-announces-key-acquisition-product-enhancements-and-strategic-sports/ 7:49 – Sage acquires Spherics to help SMBs measure and cut their carbon emissions https://www.sage.com/en-us/news/press-releases/2022/10/sage-acquires-spherics-to-help-smbs-measure-and-cut-their-carbon-emissions/ Sage buys carbon accounting software solution from Spherics https://www.accountingtoday.com/news/sage-buys-carbon-accounting-software-solution-from-spherics 9:35 – Climatiq: Climate Tech Startup Raises $5.8 Million Seed Round https://www.businessinsider.com/pitch-deck-climatiq-the-google-analytics-carbon-accounting-2022-10 London-Based Carbon Accounting Startup Emitwise Cuts Jobs https://www.businessinsider.com/london-based-carbon-accounting-startup-emitwise-cuts-jobs-2022-10 11:28 – Sage announces new product integrations with Microsoft to make life easier for SMBs https://www.sage.com/en-us/news/press-releases/2022/10/sage-announces-new-product-integrations-with-microsoft/ Sage Adds SMB-Focused Integrations with Microsoft https://www.cpapracticeadvisor.com/2022/10/12/71613/71613/ 13:55 – Sage expands into new markets and capabilities to boost SMBs’ productivity https://www.sage.com/en-us/news/press-releases/2022/10/sage-expands-into-new-markets-and-capabilities/ 27:37 – David's tweet about digital accounting networks : https://twitter.com/davidleary/status/1580658965012443137 41:51 – Voicemail from Michael Alman – Thank you! https://mail.google.com/mail/u/0/#inbox/FMfcgzGqQvxlCnqZLHBSFWvrpqPKtFMM 48:00 – QuickBooks named as most puzzling app to navigate according to Google searches | Accounting Today https://www.accountingtoday.com/news/quickbooks-named-as-most-puzzling-app-to-navigate-according-to-google-searches 50:04 – SURVEY: How Many Monitors on Your Desk? - CPA Trendlines https://cpatrendlines.com/2022/10/11/survey-double-the-monitors-double-the-fun/ 54:20 – It's Lonely in the Metaverse: Decentraland’s 38 Daily Active Users in a $1.3B Ecosystem https://www.coindesk.com/web3/2022/10/07/its-lonely-in-the-metaverse-decentralands-38-daily-active-users-in-a-13b-ecosystem/ 58:35 – Intuit launches pilot growth program for application developers https://blogs.intuit.com/blog/2022/10/12/intuit-launches-pilot-growth-program-for-application-developers/ 1:00:17 – Donald Trump Jr. Admits He Doesn't Get Basic Accounting https://www.businessinsider.com/donald-trump-jr-admits-he-doesnt-get-basic-accounting-2022-10 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: http://cloudacctpod.link/Stitcher Overcast: http://cloud...

Oct 19, 2022

Meet Our Guest, Chris Vanover LinkedIn: https://www.linkedin.com/in/chrisvcpa/ Learn more about AuditClub Website: https://auditclub.cpa/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 18, 2022

Meet Chad Davis, CPA, CMA LinkedIn: https://www.linkedin.com/in/chaddavis1/ Twitter: https://twitter.com/chaddavis Learn more about LiveCA Website: https://www.liveca.ca/ Learn more about the AutomationTown podcast: Website: https://automationtown.transistor.fm/ Twitter: https://twitter.com/automationtown TikTok: https://www.tiktok.com/@automationtown Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 14, 2022

Sponsors Jirav - https://cloudaccountingpodcast.promo/jirav Canopy - https://cloudaccountingpodcast.promo/canopy Zoho - https://cloudaccountingpodcast.promo/zoho 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 7:04 – RightTool for QuickBooks Online https://chrome.google.com/webstore/detail/righttool-for-quickbooks/ocgmjfcfjilnmobeocoklcbpcanilpjd 7:46 – Intuit Inc. - Intuit Investor Day 2022 https://investors.intuit.com/events-and-presentations/event-details/2022/Intuit-Investor-Day-2022/default.aspx 43:42 – Big Bet 2: Connect people to experts – YouTube https://www.youtube.com/watch?t=315&utm_campaign=What%27s+Next+for+Accounting%3F&utm_medium=email&utm_source=Revue+newsletter&v=QazBHW1jrdU&feature=youtu.be 56:31 – Kabbage Files for Chapter 11 Bankruptcy https://smallbiztrends.com/2022/10/kservicing-kabbage-files-chapter-11-bankruptcy.html 57:52 – More than a gig: Uber's new card targets professional drivers https://www.americanbanker.com/payments/news/more-than-a-gig-ubers-new-card-targets-professional-drivers Sign up for Hector and Blake's 8-part free CPE practice management series, Focused Firm: https://go.earmarkcpe.com/the-focused-firm = Get notified when we go live! Subscribe to the Cloud Accounting Podcast on YouTube: https://www.youtube.com/c/cloudaccountingpodcast Get Right Tool for QuickBooks Online: https://chrome.google.com/webstore/detail/righttool-for-quickbooks/ocgmjfcfjilnmobeocoklcbpcanilpjd 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds uCollect - https://ucollect.biz/cap Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 11, 2022

Meet Our Guests: Jamie Beresford LinkedIn: https://www.linkedin.com/in/jamie-beresford/ Twitter: https://twitter.com/jamie_beresford Website: https://practiceprotect.com/ Andrew Lassise LinkedIn: https://www.linkedin.com/in/lassise/ Website: https://www.rushtechsupport.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 10, 2022

Meet Jason Richelson: LinkedIn: https://www.linkedin.com/in/jasonrichelson/ Twitter: https://twitter.com/Jrichelson Learn more about Bookkeep https://www.bookkeep.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 7, 2022

Sponsors Zoho: https://cloudaccountingpodcast.promo/zoho LiveFlow: https://cloudaccountingpodcast.promo/liveflow Canopy: https://cloudaccountingpodcast.promo/canopy 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 12:23 – How Republicans Are ‘Weaponizing’ Public Office Against Climate Action https://www.nytimes.com/2022/08/05/climate/republican-treasurers-climate-change.html How an Organized Republican Effort Punishes Companies for Climate Action https://www.nytimes.com/2022/05/27/climate/republicans-blackrock-climate.html 27:58 – PwC launches 'work for credit' program for aspiring accountants | Accounting Today https://www.accountingtoday.com/news/pwc-launches-work-for-credit-program-for-aspiring-accountants 30:23 – A Bunch of Auditors at RSM F*cked Up - Going Concern https://www.goingconcern.com/a-bunch-of-auditors-at-rsm-fcked-up/ RSM to pay $3.75M to SEC for improper audits https://www.accountingtoday.com/news/rsm-to-pay-3-75m-penalty-to-sec-for-improper-audits 33:29 – SEC advisory committee recommends revamp of FASB | Accounting Today https://www.accountingtoday.com/news/sec-advisory-committee-recommends-revamp-of-fasb 39:35 – SEC charges Friedman with improper professional conduct in audits | Accounting Today https://www.accountingtoday.com/news/sec-charges-friedman-with-improper-professional-conduct-in-audits 41:35 – How Creative Accounting Camouflages Weak Corporate Profits https://www.bloomberg.com/opinion/articles/2022-09-28/how-creative-accounting-camouflages-weak-corporate-profits 43:11 – Fewer people seek US unemployment aid amid solid hiring - ABC News https://abcnews.go.com/US/wireStory/fewer-people-seek-us-unemployment-aid-amid-solid-90690648 45:01 – Why Worker Productivity Is So Important to the Economy https://www.wsj.com/video/series/wsj-explains/why-worker-productivity-is-so-important-to-the-economy/B7425A68-2F71-4DF7-BCB8-29A05C2FF657 52:20 – NetSuite Announces Accounts Payable Automation to Increase the Accuracy and Speed of Processing Bills and Making Payments https://www.netsuite.com/portal/company/newsroom/netsuite-announces-accounts-payable-automation-to-increase-the-accuracy-and-speed-of-processing-bills-and-making-payments.shtml 54:25 – NetSuite Introduces Configure, Price, Quote Solution to Help Organizations Accelerate and Simplify the Sales Process https://www.netsuite.com/portal/company/newsroom/netsuite-introduces-configure-price-quote-solution-to-help-organizations-accelerate-and-simplify-the-sales-process.shtml 55:21 – NetSuite Launches Ship Central to Help Organizations Improve Warehouse Operations https://www.netsuite.com/portal/company/newsroom/netsuite-launches-ship-central-to-help-organizations-improve-warehouse-operations.shtml NetSuite Enhances Analytics Warehouse to Help Customers Maximize the Value of Data https://www.netsuite.com/portal/company/newsroom/netsuite-enhances-analytics-warehouse-to-help-customers-maximize-the-value-of-data.shtml 1:02:29 – BlackLine unveils "Hyperautomation" capabilities for taxes https://www.accountingtoday.com/news/blackline-unveils-hyperautomation-capabilities-for-taxes 1:04:01 – LPL Launches Dedicated Bookkeeping Service for Financial Advisors https://www.pymnts.com/news/b2b-payments/2022/lpl-launches-dedicated-bookkeeping-service-for-financial-advisors/ 1:05:24 – Voicemail from Geraldine Carter https://mail.google.com/mail/u/0/#all/QgrcJHrnvrhZWsnpDNHCdCCTrKGSMSdXwNV Get in Touch Sarah Work, CPA for South Carolina Treasurer: https://workforsc.org/ 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 <...

Oct 3, 2022

Connect with Our Guest, Vanessa Vasquez LinkedIn: https://www.linkedin.com/in/quickbooksenespanol/ Twitter: https://twitter.com/AsesoraVanessaV Facebook: https://www.facebook.com/vanessavasquezpro Learn more about Vanessa's company: QuickBooks En Español: https://quickbooksenespanol.com/ Other resources Conferencia F.I.T.: https://conferenciafit.com/ Latino Tax Fest: https://latinotaxfest.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Sep 30, 2022

Sponsors LiveFlow: https://cloudaccountingpodcast.promo/liveflow uCollect: https://cloudaccountingpodcast.promo/ucollect Liscio: https://cloudaccountingpodcast.promo/liscio 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 4:31 – Email from Stuart – Thank you! College Student Question - blake@earmarkcpe.com - Earmark Mail https://mail.google.com/mail/u/0/#inbox/FMfcgzGqQctTPHtxgLVLqVlXfzZDTwXq 7:51 – Email from Britney – Thank you! 8:28 – The robots are here. And they are making you fries. https://www.washingtonpost.com/business/2022/09/20/robots-automating-restaurant-industry/ 20:58 – A federal watchdog said $45.6 billion may have been stolen from a U.S. unemployment insurance program meant to help people laid off during the Covid-19 pandemic https://www.wsj.com/articles/covid-19-unemployment-fraud-may-have-topped-45-billion-watchdog-estimates-11663876814 21:38 – U.S. Attorney Announces Federal Charges Against 47 Defendants in $250 Million Feeding Our Future Fraud Scheme https://www.justice.gov/opa/pr/us-attorney-announces-federal-charges-against-47-defendants-250-million-feeding-our-future 22:13 – 'Crypto King' Has Luxury Cars Seized After $35 Million Vanishes https://gizmodo.com/crypto-king-bitcoin-price-luxury-cars-seized-35-million-1849561634 23:02 – SEC charges tech company with revenue manipulation https://www.accountingtoday.com/news/sec-charges-tech-company-vmware-with-license-key-based-accounting-scheme-to-manipulate-revenue 25:48 – Watch Skandal! Bringing Down Wirecard https://www.netflix.com/title/81404807 30:54 – Voicemail from Joe – Thank you! 32:09 – Message from John Pearce via CloudAccountingPodcast.com - blake@earmarkcpe.com - Earmark Mail https://mail.google.com/mail/u/0/#inbox/FMfcgzGqQcnkkBXXWrFMjRzlDcxbMJGc 33:42 – Message from Jeff Guldenschuh (Gold-N-Shoe) via CloudAccountingPodcast.com - blake@earmarkcpe.com - Earmark Mail https://mail.google.com/mail/u/0/#inbox/FMfcgzGqQSPxzQSPkRBMZKHfmnhStjnH?compose=new 45:33 – Email from Sarah – Thank you! Colorado now accepts cryptocurrency for tax payments | Accounting Today https://www.accountingtoday.com/news/colorado-now-accepts-cryptocurrency-for-tax-payments 51:23 – Trump’s Former Accounting Firm Begins Turning Over Documents to Congress https://www.nytimes.com/2022/09/17/us/politics/mazars-accounting-trump-documents.html?smid=nytcore-ios-share&referringSource=articleShare 52:06 – Trump Is Sued for Fraud By New York State A.G. Letitia James https://www.nytimes.com/2022/09/21/nyregion/trump-fraud-lawsuit-ny.html 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Sep 23, 2022

Sponsors 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 3:14 – The billionaire founder of Patagonia gave up the company to protect the planet. He may have skirted a $700 million tax bill in the process https://t.co/tUfG40ubQq— Bloomberg (@business) September 15, 2022 https://twitter.com/business/status/1570523789485801477 3:28 – Patagonia Founder Avoids $700 Million Tax Hit By Donating Company https://www.bloomberg.com/news/articles/2022-09-15/patagonia-billionaire-who-gave-up-company-skirts-700-million-tax-hit DealBook: Taxagonia https://messaging-custom-newsletters.nytimes.com/template/oakv2?campaign_id=4&emc=edit_dk_20220916&instance_id=72090&nl=dealbook&productCode=DK&regi_id=103928575&segment_id=107219&te=1&uri=nyt%3A%2F%2Fnewsletter%2F1972582f-ea55-5a42-a974-fb0c427aca1d&user_id=238a5e61c9e3ba1f8e99bcc06b505749 17:59 – Quiet Quitters Make Up Half the U.S. Workforce, Gallup Says – WSJ https://www.wsj.com/articles/quiet-quitters-make-up-half-the-u-s-workforce-gallup-says-11662517806 22:30 – Remote Workers Are Wasting More Than an Hour a Day on Productivity Theater, New Report Finds | Inc.com https://www.inc.com/jessica-stillman/productivity-asynchronous-remote-work.html 26:51 – Tips for managing remote workers - Journal of Accountancy https://www.journalofaccountancy.com/news/2022/jun/tips-managing-remote-workers.html 29:27 – The AICPA Has Written a Strongly-Worded Letter to the Treasury Department on Remote Work https://www.goingconcern.com/the-aicpa-has-written-a-strongly-worded-letter-to-the-treasury-department-on-remote-work/ 31:39 – Email from Ray – Thank you! 33:51 – Employers can track electronically much of what their workers do. But should they? https://www.wsj.com/articles/companies-track-workers-technology-11660935634 36:08 – Why Rural Americans Keep Waiting for Fast Internet, Despite Billions Spent – WSJ https://www.wsj.com/articles/rural-broadband-internet-fcc-11655300008 36:55 – Hybrid Work Meetings Are Hell. Tech Is Trying to Fix Them. https://www.wsj.com/articles/meetings-are-broken-tech-is-trying-to-fix-them-11655292666 39:44 – Roofr Raises $12M to Advance SaaS Platform for Roofers https://www.pymnts.com/news/investment-tracker/2022/roofr-raises-12m-to-advance-saas-platform-for-roofers/ 41:25 – Email from David Barrett – [Expensify] Automated payroll, taxes, and filings built into your subscription - blake@earmarkcpe.com - Earmark Mail https://mail.google.com/mail/u/0/#inbox/FMfcgzGqQSTbhvmcsxBhxtbhwxlpfrph 48:13 – Summit Hosting Acquires Tech Commandos https://www.prnewswire.com/news-releases/summit-hosting-acquires-tech-commandos-301623302.html 49:40 – That agent who sounds like they’re from Paris, Texas? Try Paris, France | TechCrunch https://techcrunch.com/2022/06/22/that-agent-who-sounds-like-theyre-from-paris-texas-try-paris-france/ 51:06 – Adyen to Become First FinTech Platform to Add Block’s Cash App https://www.pymnts.com/news/mobile-payments/2022/adyen-to-become-first-fintech-platform-to-add-blocks-cash-app/ 52:38 – Visa, Mastercard, AmEx to start categorizing gun shop sales | AP News https://apnews.com/article/gun-violence-shootings-new-york-city-politics-4aae50c67e40f9683f604a8683acc391 59:43 – Drunk Ethics – Greg Kyte – on Apple Podcasts https://podcasts.apple.com/us/podcast/drunk-ethics/id1640305820 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:

Sep 15, 2022

Sponsors OnPay https://cloudaccountingpodcast.promo/onpay Canopy https://cloudaccountingpodcast.promo/canopy FreshBooks https://cloudaccountingpodcast.promo/freshbooks 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 2:57 – Inside Bed Bath & Beyond, Concerns Over Mounting Stress for CFO https://www.wsj.com/articles/inside-bed-bath-beyond-concerns-over-mounting-stress-for-cfo-11662589539 Bed Bath & Beyond names interim CFO after Arnal's death | Accounting Today https://www.accountingtoday.com/articles/bed-bath-beyond-names-interim-cfo-after-arnals-death Bed Bath & Beyond appoints accounting head as interim CFO https://kfgo.com/2022/09/06/bed-bath-beyond-appoints-accounting-head-as-interim-cfo/ Bed Bath & Beyond taps chief accounting officer as interim CFO after executive's suicide https://www.cnbc.com/2022/09/06/bed-bath-beyond-taps-chief-accounting-officer-as-interim-cfo-after-executives-death.html 9:17 – The Comedy Store Sues Moss Adams Over Missed $8.5 Million in COVID Relief Funds https://www.cpapracticeadvisor.com/2022/08/31/the-comedy-store-sues-moss-adams-over-missed-8-5-million-in-covid-relief-funds/70245/ 13:22 – EY Leaders Green Light Split Plan – WSJ https://www.wsj.com/articles/ey-to-announce-breakup-plan-for-audit-and-advisory-businesses-11662639241 EY to Split Accounting and Consulting Businesses https://www.nytimes.com/2022/09/08/business/ey-ernst-young-split.html?partner=IFTTT 17:00 – Sex Worker Makes $300k A Year After Ditching Accounting Career For Work In A Brothel https://www.outkick.com/sex-worker-makes-300k-a-year-after-ditching-accounting-career-for-work-in-a-brothel/ 18:25 – EY Staffers Feel Left in the Dark After Death of Their Colleague Last Weekend - Going Concern https://www.goingconcern.com/ey-staffers-feel-left-in-the-dark-after-death-of-their-colleague-last-weekend/?utm_source=rss&utm_medium=rss&utm_campaign=ey-staffers-feel-left-in-the-dark-after-death-of-their-colleague-last-weekend 19:41 – KPMG sued for $830mn over ‘appalling’ Chinese audit https://www.newsncr.com/business/kpmg-sued-for-830mn-over-appalling-chinese-audit/#:~:text=KPMG%20has%20been%20accused%20of,High%20Court%20heard%20on%20Monday . 23:10 – PwC sees audit quality improving | Accounting Today https://www.accountingtoday.com/news/pwc-sees-audit-quality-improving 28:10 – Paycheck-to-paycheck Consumers Most Willing to Invest in Crypto https://www.pymnts.com/cryptocurrency/2022/paycheck-to-paycheck-consumers-most-willing-to-invest-in-crypto/ 29:59 – ‘Far too easy’ — Crypto researcher’s fake Ponzi raises $100K in hours https://cointelegraph.com/news/far-too-easy-crypto-researcher-s-fake-ponzi-raises-100k-in-hours 33:51 – US SEC Chair Gensler reiterates crypto stance, frustrating those seeking clarity | TechCrunch https://techcrunch.com/2022/08/23/us-sec-chair-gensler-reiterates-crypto-stance-frustrating-those-seeking-clarity/ Gary Gensler's gross SEC overreach | Fox Business https://www.foxbusiness.com/features/gary-gensler-gross-sec-overreach The SEC Treats Crypto Like the Rest of the Capital Markets https://www.wsj.com/articles/the-sec-treats-crypto-like-the-rest-of-the-capital-markets-disclosure-compliance-security-investment-mutual-fund-protections-blockfi-bankruptcy-bitcoin-11660937246 36:06 – Email from Ron Baker – Thank you! 40:48 – TriNet acquires Clarus R+D | Accounting Today https://www.accountingtoday.com/news/trinet-acquires-clarus-r-d 44:32 – Credit Karma will pay $3 million to users targeted with false preapproved offers https://www.npr.org/2022/09/06/1121246081/credit-karma-false-ftc-preapproved-credit-card 46:20 – Accountants try to avoid awkward conversations with clients and it costs them | Accounting Today https://www.accountingtoday.com/news/accountants-try-to-avoid-awkward-conversations-with-clients-and-it-costs-them 51:39 – Sage and Square® partner to help small businesses take more https://www.globenewswire.com/news-release/2022/09/08/2512593/0/en/Sage-and-Square-partner-to-help-small-businesses-take-more-control-of-their-finances.html Sage, Square Combine Accounting, PO...

Sep 9, 2022

Sponsors Jirav: https://cloudaccountingpodcast.promo/jirav Liscio: https://cloudaccountingpodcast.promo/liscio Relay: https://cloudaccountingpodcast.promo/relay 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 2:02 – Review from Scott Michael Collier – Thank you! 4:49 – PwC Manager is Suing the Firm After He Lost a Chunk of His Skull at a Drunken Work Event - Going Concern https://www.goingconcern.com/pwc-manager-is-suing-the-firm-after-he-lost-a-chunk-of-his-skull-at-a-drunken-work-event/ 8:04 – Ernst and Young employee, 33, found dead at Sydney office after Friday night work drinks https://www.news.com.au/finance/work/at-work/ernst-and-young-employee-33-found-dead-at-sydney-office-after-friday-night-work-drinks/news-story/53f85fe1c0d9d96c461e9963f662a040 10:26 – Top House Intel Republican downplays Trump's records-handling: 'More of a bookkeeping issue' https://www.washingtonexaminer.com/news/politics/house-intelligence-gop-trump-docs-not-security-threat 12:16 – Crypto.com mistakenly sent a customer $7.2 million instead of a $68 refund - The Verge https://www.theverge.com/2022/8/31/23330458/crypto-dot-com-typo-mistake-refund-audit 17:41 – PCAOB, China sign agreement opening door for inspections - Journal of Accountancy https://www.journalofaccountancy.com/news/2022/aug/pcaob-china-sign-agreement-opening-door-inspections.html PCAOB observed problems during audits of SPACs https://www.accountingtoday.com/news/pcaob-observed-problems-during-audits-of-spacs 19:27 – California Passes Radical AB 257 Fast-Food Legislation https://www.uschamber.com/employment-law/unions/california-passes-radical-ab-257-fast-food-legislation California Fast Food Wages Would Be Set by Government Under Bill Passed by State Legislature https://www.wsj.com/articles/california-fast-food-wages-would-be-set-by-government-under-bill-passed-by-state-senate-11661811509 California QSRs Push Back Against Wage Bill https://www.pymnts.com/news/regulation/2022/california-qsrs-push-back-against-wage-bill/ 21:39 – As prices rise, CFOs turn toward automation to control costs | Accounting Today https://www.accountingtoday.com/news/as-prices-rise-cfos-turn-towards-automation-to-control-costs 26:45 – Wassia Kamon, CPA, CMA, MBA on LinkedIn: Top 10 Accounting and Finance Certifications | 177 comments https://www.linkedin.com/posts/wassiakamon_top-10-accounting-and-finance-certifications-activity-6962807548219445248-Y35M 29:43 – Email from Joseph – Thank you! 34:16 – Voicemail from Elliot – Thank you! 43:04 – Intuit unveils new logo design | Accounting Today https://www.accountingtoday.com/news/intuit-unveils-new-logo-design It’s a brand new day for Intuit! https://www.intuit.com/blog/news-social/unveiling-our-new-intuit-logo/ 45:22 – Intuit's (INTU) Earnings and Revenues Surpass Estimates in Q4 (Revised) http://www.zacks.com/stock/news/1972710/intuit-s-intu-earnings-and-revenues-surpass-estimates-in-q4-revised?cid=CS-ZC-FT-analyst_blog|earnings_article-1972710 Intuit's (INTU) Earnings and Revenues Surpass Estimates in Q4 http://www.zacks.com/ Intuit Inc. (INTU) CEO Sasan Goodarzi on Q4 2022 Results - Earnings Call Transcript https://seekingalpha.com/article/4536551-intuit-inc-intu-ceo-sasan-goodarzi-on-q4-2022-results-earnings-call-transcript Intuit (INTU) Q4 Earnings and Revenues Beat Estimates https://www.zacks.com/stock/news/1971565/intuit-intu-q4-earnings-and-revenues-beat-estimates Intuit Reports Strong Full Year Results and Sets Fiscal 2023 Guidance | Business Wire https://www.businesswire.com/news/home/20220823005060/en/Intuit-Reports-Strong-Full-Year-Results-and-Sets-Fiscal-2023-Guidance 48:34 – MyCase Rolls Out Built-In Accounting and Integrated Document Automation https://www.lawnext.com/2022/08/mycase-rolls-out-built-in-accounting-and-integrated-document-automation.html MyCase Announces Release of Accounting and Robust Document Automation Integration, Further Enhancing Legal Tech Platform https://www.businesswire.com/news/home/20220831005177/en/MyCase-Announces-Release-of-Accounting-and-Robust-Document-Automation-Integration-Further-Enhancing-Legal-Tech-Platform 49:56 – Intuit releases automated tax advisory solution in move towards...

Sep 1, 2022

Sponsors Relay: https://cloudaccountingpodcast.promo/relay uCollect: https://cloudaccountingpodcast.promo/ucollect Canopy: https://cloudaccountingpodcast.promo/canopy 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 1:58 – Xero announces new initiatives, partnerships at Xerocon user conference https://www.accountingtoday.com/news/xero-announces-new-initiatives-partnerships-at-xerocon-user-conference Xero Small Business Insights expands to the United States and Canada, providing timely updates on state of small business https://www.xero.com/blog/2022/08/xsbi-expands-to-us-and-canada/ Product wrap from Xerocon New Orleans 2022 | Xero Blog https://www.xero.com/blog/2022/08/xerocon-new-orleans-product-wrap/ Avalara partners with Xero to make automated sales tax solution | Accounting Today https://www.accountingtoday.com/news/avalara-partners-with-xero-to-make-automated-sales-tax-solution That’s a wrap for Xerocon New Orleans 2022 https://www.xero.com/blog/2022/08/xerocon-new-orleans-wrap/ 21:31 – Biden to forgive $10K in student debt, double for Pell grant recipients | Accounting Today https://www.accountingtoday.com/articles/biden-to-forgive-10k-in-student-debt-double-for-pell-grant-recipients Biden to cancel up to $10K in student loan debt for borrowers making under $125K : NPR https://www.npr.org/2022/08/24/1118879917/student-loan-forgiveness-biden 24:08 – White House shines light on Republicans who are criticizing student debt cancellation after getting their PPP loans forgiven https://www.nbcnews.com/politics/white-house/white-house-shines-light-republicans-are-criticizing-student-debt-canc-rcna44904 What the student debt forgiveness plan would mean for taxpayers and the U.S. economy | Accounting Today https://www.accountingtoday.com/news/what-the-student-debt-forgiveness-plan-would-mean-for-taxpayers-and-the-u-s-economy 34:12 – Secret Service returns $286 million in fraudulent pandemic loans to the Small Business Administration https://www.cnbc.com/2022/08/26/secret-service-returns-fraudulent-pandemic-loans-to-small-business-administration.html 36:22 – Cross River Bank’s PPP Lending Practices Raise Questions https://www.pymnts.com/loans/2022/cross-river-banks-ppp-lending-practices-raise-questions/ 37:11 – The IRS could be on the verge of changing the way Americans file their taxes | The Hill https://thehill.com/homenews/3607174-the-irs-could-be-on-the-verge-of-changing-the-way-americans-file-their-taxes/ 40:53 – Ex-BDO IT Audit Manager Raissa Kengne Charged in Deadly Atlanta Shooting (UPDATE) - Going Concern https://www.goingconcern.com/atlanta-shooting-suspect-bdo-usa/ Former BDO audit manager shot and killed ex-boss | Accounting Today https://www.accountingtoday.com/news/former-bdo-audit-manager-shot-and-killed-ex-boss r/Accounting - Ex-BDO Auditor Kills One, Injures Two in Atlanta https://www.reddit.com/r/Accounting/comments/wv6jdw/exbdo_auditor_kills_one_injures_two_in_atlanta/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Ex-BDO IT Audit Manager Raissa Kengne Charged in Deadly Atlanta Shooting (UPDATE) https://www.goingconcern.com/atlanta-shooting-suspect-bdo-usa/ 43:06 – Atlanta Shooting Suspect Gave Cybersecurity Talk About ‘Fraud in Accounting,’ Accused Victims of Committing Accounting Fraud on LinkedIn https://www.vice.com/en/article/v7v7vj/atlanta-shooting-suspect-raissa-kengne-linkedin-lawsuit-cybersecurity-talk 46:12 – IRS will wipe away $1.2B in late fees from pandemic | Accounting Today https://www.accountingtoday.com/articles/irs-will-wipe-away-1-2b-in-late-fees-from-pandemic IRS relieves penalties for 2019 and 2020 https://www.journalofaccountancy.com/news/2022/aug/irs-relieves-penalties-for-2019-2020.html 47:23 – KPMG to relocate NYC HQ as it downsizes office space | Accounting Today https://www.accountingtoday.com/news/kpmg-to-relocate-nyc-hq-as-it-downsizes-office-space 48:39 – Voicemail from Tyler Otto – Thank you! (1) davidleary on Twitter: "YES, YOU NEED TO FIND A NEW #Accountant!!! Craziest shit I've seen about #QuickBooks Desktop I've seen in a decade! https://t.co/cqxDUL3jRf " https://twitter.com/davidleary/status/1562093434801819650 53:30 – ▪David Leary▪ on LinkedIn: #Accountant #QuickBooks | 95 comments

Aug 25, 2022

Sponsors FreshBooks https://cloudaccountingpodcast.promo/freshbooks RelayFI https://cloudaccountingpodcast.promo/relay Liscio https://cloudaccountingpodcast.promo/liscio 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 1:46 – 🚀Big news from David Leary and Blake Oliver! 🚀 https://www.linkedin.com/pulse/big-news-from-david-leary-blake-oliver-david-leary-/ 2:14 – Dotcom Pioneer AccountingWEB Shuts Down - CPA Trendlines https://cpatrendlines.com/2022/08/18/dotcom-pioneer-accountingweb-shuts-down/ 3:43 – Sift to Close AccountingWEB US Division https://www.sift.co.uk/blog/sift-closes-accountingweb-us/ 5:58 – IRS issues immediate guidance for EV credits under Inflation Reduction Act https://www.accountingtoday.com/opinion/irs-issues-immediate-guidance-for-ev-credits-under-inflation-reduction-act 7:24 – Yellen sets six-month timeline for IRS plan to target tax cheats | Accounting Today https://www.accountingtoday.com/articles/yellen-sets-six-month-timeline-for-irs-plan-to-target-tax-cheats Yellen: These are the 4 priorities for the $80 billion in IRS funding https://www.cnbc.com/2022/08/18/yellen-these-are-the-4-priorities-for-the-80-billion-in-irs-funding.html IRS Funding: Inflation Reduction Act IRS Tax Enforcement Provisions https://taxfoundation.org/inflation-reduction-act-irs-funding/ 11:21 – Inflation Reduction Act potentially doubles R&D tax credit | Accounting Today https://www.accountingtoday.com/news/inflation-reduction-act-potentially-doubles-r-d-tax-credit 15:00 – Prosecutors Struggle to Catch Up to a Tidal Wave of Pandemic Fraud https://www.nytimes.com/2022/08/16/business/economy/covid-pandemic-fraud.html COVID Fraud Could Hit $163B, Experts Say https://www.pymnts.com/news/security-and-risk/2022/covid-fraud-could-hit-163b-experts-say/ Bills extend statute of limitation for prosecuting PPP, EIDL fraud - Journal of Accountancy https://www.journalofaccountancy.com/news/2022/aug/bills-extend-statute-limitation-prosecuting-ppp-eidl-fraud.html 18:06 – A Plethora of Pandemic PPP Fraud – Oh My Fraud https://ohmyfraud.com/episodes/ppp-placeholder 19:28 – Trump Organization, CFO tax-fraud trial to begin Oct. 24 | Accounting Today https://www.accountingtoday.com/articles/trump-organization-cfo-tax-fraud-trial-to-begin-oct-24 Ex-finance chief of the Trump Organization Allen Weisselberg pleads guilty to tax crimes https://www.wsj.com/articles/former-trump-organization-finance-chief-pleads-guilty-to-tax-crimes-11660834259 23:32 – Tether said it switched the accounting firm that signs off on its attestation reports to BDO Italia https://www.wsj.com/articles/biggest-stablecoin-issuer-tether-switches-accounting-firm-to-bdo-italia-11660795062 Bankrupt Crypto Brokerage Voyager Ordered to Cease False Promises About U.S. Banking Insurance – WSJ https://www.wsj.com/articles/bankrupt-crypto-brokerage-voyager-ordered-to-cease-false-promises-about-u-s-banking-insurance-11659044094 Voyager customers beg New York judge for money back after bankruptcy https://www.cnbc.com/amp/2022/08/15/voyager-customers-beg-new-york-judge-for-money-back-after-bankruptcy.html 32:41 – Revenue from crypto scams down 65%, crypto hacks up 58% | Accounting Today https://www.accountingtoday.com/news/revenue-from-crypto-scams-down-65-crypto-hacks-up-58 34:21 – IRS expands crypto question on draft version of 1040 | Accounting Today https://www.accountingtoday.com/news/irs-expands-crypto-question-on-draft-version-of-1040 36:51 – TikTok: Mid range-entry level pay bands for Deloitte https://www.tiktok.com/t/ZTRyYgTKT/ 40:47 – Request Finance Introduces ‘Salaries’ Feature to Automate Crypto Payroll https://ffnews.com/newsarticle/request-finance-introduces-salaries-feature-to-automate-crypto-payroll/ 44:41 – Latest product news — August 2022 | Xero Blog https://www.xero.com/blog/2022/08/product-news-august-2022/ 48:16 – Sage Launches Canadian Sage Payroll Version https://www.intuitiveaccountant.com/in-the-news/people-and-business/sage-launches-canadian-sage-payroll-version/ Sage acquires accounting software provider Lockstep | Accounting Today https://www.accountingtoday.com/news/sage-acquires-accounting-software-provider-lockstep Sage to acquire Lockstep

Aug 18, 2022

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay FreshBooks: https://cloudaccountingpodcast.promo/freshbooks Canopy: https://cloudaccountingpodcast.promo/canopy 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 2:25 – davidleary on Twitter: "How come @amazon can do this with a $20 picture frame ...but @Ford can't do it with a $50k automobile? How do you lose a Mustang #MachE?!?!!?!? I find it hard to believe that a company puts millions $$$ of automobiles on train cars ...and can't track them. cc @jimfarley98 https://t.co/YmHTXsbqlR " https://twitter.com/davidleary/status/1558108425724108801 9:04 – How will the IRS use $80B in funding it could receive from the Inflation Reduction Act? https://www.morningbrew.com/daily/stories/IRS-funding-80-billion-inflation-reduction-act 14:01 – Tax Compliance:Trends of IRS Audit Rates and Results for Individual Taxpayers by Income https://www.gao.gov/products/gao-22-104960#:~:text=From%20tax%20years%202010%20to,0.9%20percent%20to%200.25%20percent . 22:10 – Twitter: What % of individual income tax returns should the IRS audit? https://twitter.com/blaketoliver/status/1557876501789286400?s=12&t=QCA6FrS6BD8_eXrAlVoxMA 27:29 – IRS Deletes Job Posting Seeking Applicants Willing to ‘Use Deadly Force’ | National Review https://www.nationalreview.com/news/irs-deletes-job-posting-seeking-applicants-willing-to-use-deadly-force/ 29:26 – Tweet by Adam Markowitz https://twitter.com/adammarkowitzea/status/1555548397389635587?s=12&t=XCaiAZbt78Tt-0fan9Qbzw 31:15 – Hyperbolic GOP claims about IRS agents and audits - The Washington Post https://www.washingtonpost.com/politics/2022/08/11/hyperbolic-gop-claims-about-irs-agents-audits/ 53:09 – Opinion | Inside the IRS ‘Pipeline’ used to process tax returns - Washington Post https://www.washingtonpost.com/opinions/interactive/2022/irs-pipeline-tax-return-delays/ 57:57 – AICPA demands IRS answer calls on 'plummeting' practitioner priority phone line https://www.accountingtoday.com/news/aicpa-demands-irs-answer-calls-on-plummeting-practitioner-priority-phone-line 59:59 – AICPA weighs in on Inflation Reduction Act https://www.accountingtoday.com/news/aicpa-weighs-in-on-inflation-reduction-act Private-equity lobbyists have won their latest battle to preserve the carried-interest tax break. https://www.wsj.com/articles/how-the-private-equity-lobby-wonagain-11659834467 1:03:59 – Avalara To Go Private With $8.4B Acquisition By Vista Equity https://www.crn.com/news/applications-os/avalara-to-go-private-with-8-4b-acquisition-by-vista-equity Avalara to be bought by private investment firm https://www.accountingtoday.com/news/avalara-to-be-bought-by-private-investment-firm-vista 1:05:40 – Mailchimp Bans Crypto Companies Again https://thedigitalsanctuary.org/mailchimp-bans-crypto-companies-again/ 1:06:05 – Mark Cuban, Mavericks in hot water over Voyager 'Ponzi scheme' https://techcrunch.com/2022/08/11/mark-cuban-mavericks-face-lawsuit-over-crypto-voyager-ponzi-scheme/ 1:08:49 – Letter from Tom Herbert – Thank you! 1:10:00 – Message from Aileen Asche via CloudAccountingPodcast.com - blake@earmarkcpe.com - Earmark Mail https://mail.google.com/mail/u/0/#inbox/FMfcgzGqPpcnhlBpXnRkSWrVbWgxNFTq 1:11:58 – Message from Brian – Thank you! 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Aug 11, 2022

Sponsors Canopy: https://www.cloudaccountingpodcast.promo/canopy Liscio: https://www.cloudaccountingpodcast.promo/liscio 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 03:41 – Firms big and small are facing a crisis. There's not enough accountants (CPAs) : The Indicator from Planet Money : NPR https://www.npr.org/2022/08/04/1115790852/if-the-world-had-no-accountants The Indicator from Planet Money : NPR https://www.npr.org/2022/08/04/1115790852/if-the-world-had-no-accountants The Indicator from Planet Money https://pca.st/tLRP 06:03 – How to fix the leaky CPA pipeline https://www.mncpa.org/resources/publications/footnote/august-september-2022/how-to-fix-the-leaky-cpa-pipeline/ 17:04 – U.S. job growth seen slowing in July; but far from recession levels | Reuters https://www.reuters.com/markets/us/us-job-growth-seen-slowing-july-far-recession-levels-2022-08-05/ Despite a drop in June, job openings remain well above the number of people unemployed but looking for work https://www.wsj.com/articles/job-openings-hiring-economy-june-2022-11659388973 22:05 – DealBook: A tax loophole’s powerful defender https://messaging-custom-newsletters.nytimes.com/template/oakv2?campaign_id=4&emc=edit_dk_20220805&instance_id=68516&nl=dealbook&productCode=DK&regi_id=103928575&segment_id=100533&te=1&uri=nyt%3A%2F%2Fnewsletter%2Fc8714674-e316-52c1-bf11-83af763fd4a7&user_id=238a5e61c9e3ba1f8e99bcc06b505749 DealBook: The new power brokers on taxes https://messaging-custom-newsletters.nytimes.com/template/oakv2?campaign_id=4&emc=edit_dk_20220804&instance_id=68424&nl=dealbook&productCode=DK&regi_id=103928575&segment_id=100423&te=1&uri=nyt%3A%2F%2Fnewsletter%2F01624dbe-566d-5ac1-8a90-419f9a88508c&user_id=238a5e61c9e3ba1f8e99bcc06b505749 25:02 – Two SEC Commissioners Frown on Accounting Rules for ESG Issues https://news.bloombergtax.com/financial-accounting/two-sec-commissioners-frown-on-accounting-rules-for-esg-issues Comment on the Financial Accounting Foundation Draft Strategic Plan https://www.sec.gov/news/statement/peirce-uyeda-statement-draft-financial-accounting-foundation-strategic-plan-072222 30:05 – Founder of My Big Coin Convicted of Fraud https://www.pymnts.com/cryptocurrency/2022/founder-of-my-big-coin-convicted-of-fraud/ Titanium Blockchain CEO Pleads Guilty in $21M Crypto Fraud Case https://www.pymnts.com/legal/2022/titanium-blockchain-ceo-pleads-guilty-in-21m-crypto-fraud-case/ SEC insider trading case against Coinbase holds larger implications https://www.accountingtoday.com/news/sec-insider-trading-case-against-coinbase-holds-larger-jurisdictional-implications Millions Drained in Solana Wallet Hack https://www.pymnts.com/news/security-and-risk/2022/millions-drained-in-solana-wallet-hack/ Two settle with Securities and Exchange Commission over alleged $300 million cryptocurrency Ponzi scheme https://www.accountingtoday.com/news/two-settle-with-securities-and-exchange-commission-over-alleged-300-million-cryptocurrency-ponzi-scheme 31:44 – Web3 network Helium claims rideshare company Lime is one of its biggest clients. Lime says that's not true. | Mashable https://mashable.com/article/helium-lime-web3-crypto 35:58 – Hackers Force a $4B Question: Can DeFi Ever Be Safe? https://www.pymnts.com/cryptocurrency/2022/hackers-force-a-4b-question-can-defi-ever-be-safe/ 37:59 – Georgia residents can claim an embryo as a dependent on tax returns https://twitter.com/thehill/status/1554491493569667073?s=12&t=vkja1dbRfIlSLC16YvOusg 39:34 – Tesla’s Bitcoin dump leaves accounting mystery in its wake | Accounting Today https://www.accountingtoday.com/articles/teslas-bitcoin-dump-leaves-accounting-mystery-in-its-wake Tesla Records $170 Million Impairment Charge on Bitcoin – WSJ https://www.wsj.com/articles/tesla-records-170-million-impairment-charge-on-bitcoin-11658751201 40:50 – Ernst & Young Split Plan Held Up by Debt Issues – WSJ

Aug 3, 2022

Sponsors LiveFlow: https://cloudaccountingpodcast.promo/liveflow Canopy: https://cloudaccountingpodcast.promo/canopy Liscio: https://www.cloudaccountingpodcast.promo/liscio Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Meet Billy DeClercq LinkedIn: https://www.linkedin.com/in/declercqwb Website: https://declercq.law/about.php Show Notes The Invite: https://drive.google.com/file/d/11Jere06NPnSziLqGONdqflqQCov6a1In/view 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds GetW9: getw9.tax Royalwise Solutions: learn.royalwise.com Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jul 28, 2022

Sponsors Canopy: https://www.cloudaccountingpodcast.promo/canopy Liscio: https://www.cloudaccountingpodcast.promo/liscio Relay: https://www.cloudaccountingpodcast.promo/relay 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 1:11 – Accountants are voted the best kissers in Britain ahead of doctors and nurses | Daily Mail Online https://www.dailymail.co.uk/news/article-10953579/Accountants-voted-best-kissers-Britain-ahead-doctors-nurses.html 4:34 – How Will ESG Impact be Measured? https://www.cfo.com/accounting-tax/disclosure/2022/07/esg-disclosures-impact-accounting-regulation/ 8:19 – Tesla sells 75% of its bitcoin as profits slump due to production challenges https://www.theguardian.com/technology/2022/jul/20/tesla-second-quarter-earnings-elon-musk 9:09 – FBI warns $42.7 million stolen via fake crypto trading apps https://www.accountingtoday.com/news/fbi-warns-42-7-million-stolen-via-fake-crypto-trading-apps 11:14 – FASB Scraps Project on Goodwill Accounting, Disclosure – WSJ https://www.wsj.com/amp/articles/fasb-scraps-project-on-goodwill-accounting-disclosure-11655317940 15:05 – Inflation Puts Spotlight on Companies’ Use of Last-In, First-Out Accounting – WSJ https://www.wsj.com/articles/inflation-puts-spotlight-on-companies-use-of-last-in-first-out-accounting-11656322200?mod=pls_whats_news_us_business_f 19:07 – EY suffers payroll problem | Accounting Today https://www.accountingtoday.com/news/ey-suffers-payroll-problem 21:16 – Is remote work effective: We finally have the data | McKinsey https://www.mckinsey.com/industries/real-estate/our-insights/americans-are-embracing-flexible-work-and-they-want-more-of-it 92 million US workers now have the opportunity to work remotely: survey - The Verge https://www.theverge.com/2022/6/28/23186112/us-flexible-remote-hybrid-work-survey-mckinsey 25:50 – Cherry Bekaert receives private equity funding from Parthenon Capital | Accounting Today https://www.accountingtoday.com/news/cherry-bekaert-receives-private-equity-funding-from-parthenon-capital 26:37 – Two U.S. Attorneys are investigating Kabbage’s PPP lending | Miami Herald https://www.miamiherald.com/news/local/crime/article263376788.html 31:47 – Xerocon London updates – Recorder https://recorder.google.com/share/424be2ce-ba19-4fc6-8377-a6fd5b149552 Xero releases Xero Go app to provide basic accounting to small business owners, freelancers https://www.accountingtoday.com/news/xero-releases-xero-go-app-to-provide-basic-accounting-to-small-business-owners-freelancers Announcing Xero Go: Our new app for UK-based sole traders https://www.xero.com/blog/2022/07/xero-go-for-uk-based-sole-traders/ 38:02 – Xero reveals future of accounting https://gadget.co.za/xero-reveals-future-of-accounting/ 38:48 – Announcing Excel Live - Transform Microsoft Teams meetings with real-time collaboration - Microsoft Tech Community https://techcommunity.microsoft.com/t5/microsoft-365-blog/announcing-excel-live-transform-microsoft-teams-meetings-with/ba-p/3573371 41:28 – Sage deepens Microsoft partnership and “unveils” Sage Active – https://www.enterprisetimes.co.uk/2022/07/20/sage-deepens-microsoft-partnership-and-unveils-sage-active/ 43:46 – Accountants: How to Manage Your Clients’ Chart of Accounts in FreshBooks | FreshBooks Blog https://www.freshbooks.com/blog/manage-client-chart-of-accounts 47:16 – NetSuite rolls out new Smart Count solution plus improvements to Analytics Warehouse | Accounting Today https://www.accountingtoday.com/news/netsuite-rolls-out-new-smart-count-solution-plus-improvements-to-analytics-warehouse 49:07 – Why did Intuit decide to stop offering QuickBooks in India? https://www.mmcconvert.com/blog/intuit-stop-offering-quickbooks-in-india/ Discontinuation of QuickBooks in India https://quickbooks.intuit.com/in/notice/ Zoho to hire 2,000 people, expand operations in India, abroad https://economictimes.indiatimes.com/tech/startups/zoho-plans-to-hire-2000-workers-for-indian-and-global-expansion/articleshow/92940061.cms 52:06 – Voicemail from Donnie Shimamoto – Thank you! Email from Keith – Thank you! Get in Touch Thanks for listening and for...

Jul 21, 2022

Sponsors Liscio: https://www.cloudaccountingpodcast.promo/liscio LedgerGurus: https://www.cloudaccountingpodcast.promo/ledgergurus Canopy: https://www.cloudaccountingpodcast.promo/canopy 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 1:06 – David Picture with Luca https://twitter.com/davidleary/status/1546767184541761536/photo/1 8:30 – Celsius Owes $4.7 Billion to Users But Lacks the Money to Pay https://gizmodo.com/celsius-bankrupt-billion-money-crypto-bitcoin-price-cel-1849181797 Crypto Lender Celsius Files for Chapter 11 Bankruptcy https://www.pymnts.com/cryptocurrency/2022/crypto-lender-celsius-files-for-chapter-11-bankruptcy/ 13:21 – Where in the world are the Three Arrows Capital founders? | Fortune https://fortune.com/2022/07/13/three-arrows-capital-crypto-su-zhu-kyle-davies-location-dubai/ EU officials agreed on rules that would regulate the crypto market in the bloc, forcing platforms to seek authorization to operate and providing safeguards to users https://www.wsj.com/articles/eu-sets-first-rules-to-regulate-cryptocurrencies-11656682089 18:01 – CFTC charges bitcoin firm for operating $1.7 billion crypto scam - Business Insider https://stocks.apple.com/A6yX2Uny3TUeN1vZkMLF00Q 20:43 – Fintech execs convicted in US after $160 million sent to Nigeria https://bankautomationnews.com/allposts/risk-security/fintech-execs-convicted-in-us-after-160-million-sent-to-nigeria/ Report Alleges Wirecard Forged Client Data to Obtain €900M SoftBank Investment https://www.pymnts.com/news/security-and-risk/2022/report-alleges-wirecard-forged-client-data-to-obtain-e900m-softbank-investment/ 23:57 – Bad lesson: Accounting professor at Drexel University charged with allegedly using creative bookkeeping to evade millions in taxes – MarketWatch https://www.marketwatch.com/story/bad-lesson-accounting-professor-at-drexel-university-charged-with-allegedly-using-creative-bookkeeping-to-evade-millions-in-taxes-11652389459 27:37 – CPA Firms That Referred Clients to Alliantgroup Have Been Subpoenaed, Asked to Turn Over 11 Years of Client Data https://www.goingconcern.com/alliantgroup-federal-grand-jury-subpoena/ Leann on Twitter: "I’m hearing that the IRS Criminal Investigation raid on alliantgroup allegedly has to do with the 179D racketeering lawsuits filed years ago. Pending confirmation. /14 https://t.co/wTqKwk9JSa " https://twitter.com/LAFinTexas/status/1527709177036021763 Alliantgroup LP v The University Of Texas System And The University Of Houston System – Global Legal Chronicle https://globallegalchronicle.com/alliantgroup-lp-v-the-university-of-texas-system-and-the-university-of-houston-system/ alliantgroup Comments from Women | InHerSight https://www.inhersight.com/company/alliantgroup/comments Strategic Advisory Board | alliantgroup https://www.alliantgroup.com/strategic-advisory-board/ DOJ suing Lane Grigsby and wife over ‘erroneous’ $750,000 tax refund https://www.1012industryreport.com/legal/doj-suing-lane-grigsby-and-wife-over-erroneous-750000-tax-refund/ Bloomberg blows the whistle on the IRS https://archives.cjr.org/the_audit/bloomberg_blows_the_whistle_on.php 36:57 – Neal: Odds of selecting Comey and McCabe for audits were like winning the lottery | The Hill https://thehill.com/policy/finance/3560143-neal-odds-of-selecting-comey-and-mccabe-for-audits-were-like-winning-the-lottery/ IRS audited former FBI directors Comey and McCabe https://www.accountingtoday.com/news/irs-audited-former-fbi-directors-comey-and-mccabe 41:01 – Senator Warren Leads 22 Colleagues in Introducing the Tax Filing Simplification Act of 2022 https://www.warren.senate.gov/newsroom/press-releases/senator-warren-leads-22-colleagues-in-introducing-the-tax-filing-simplification-act-of-2022 Americans spend 13 hours and $240 on average to file their taxes—while corporations like @Intuit rake in billions. That’s outrageous. Today I;m leading 22 colleagues on legislation to make filing taxes free and easy for taxpayers. The IRS itself can and should adopt my plan; Elizabeth Warren (@SenWarren) July 13, 2022 https://twitter.com/SenWarren/status/1547260220551806976 45:10 – AICPA recommends additional IRS backlog measures - Journal of Accountancy https://www.journalofaccountancy.com/news/2022/jul/aicpa-recommends-additional-irs-backlog-measures.html 49:43 – Obviously most CPAs are against the 15...

Jul 13, 2022

Sponsors OnPay: https://www.cloudaccountingpodcast.promo/onpay Freshbooks: https://www.cloudaccountingpodcast.promo/freshbooks LedgerGurus: https://www.cloudaccountingpodcast.promo/ledgergurus 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 5:47 – Karbon’s 2022 Practice Excellence Report https://karbonhq.com/resources/2022-practice-excellence-report/ 17:59 – 76 Fake Charities Shared a Mailbox. The I.R.S. Kept Approving More. - The New York Times https://www.nytimes.com/2022/07/03/us/politics/irs-fake-charities.html?smid=nytcore-ios-share%20https://www.nytimes.com/2022/07/03/us/politics/irs-fake-charities.html?referringSource=articleShare 76 Fake Charities Shared a Mailbox. The I.R.S. Approved Them All. https://www-nytimes-com.cdn.ampproject.org/c/s/www.nytimes.com/2022/07/03/us/politics/irs-fake-charities.amp.html 22:01 – Crypto Lender Voyager Seeks Chapter 11 Protection https://www.pymnts.com/cryptocurrency/2022/crypto-lender-voyager-seeks-chapter-11-protection/ Crypto Lender Vauld Suspends Withdrawals as Customers Yanked $200M https://www.pymnts.com/cryptocurrency/2022/crypto-lender-vauld-suspends-withdrawals-as-customers-yanked-200m/ Behind the Celsius Sales Pitch Was a Crypto Firm Built on Risk – WSJ https://www.wsj.com/articles/behind-the-celsius-sales-pitch-was-a-crypto-firm-built-on-risk-11656498142 26:33 – Crypto crash halts plans by statehouses to accept Bitcoin tax payments | Accounting Today https://www.accountingtoday.com/articles/crypto-crash-halts-plans-by-statehouses-to-accept-bitcoin-tax-payments 28:51 – A FinTech horror story: How one company prioritizes cybersecurity https://www.darkreading.com/edge-articles/a-fintech-horror-story-how-one-company-prioritizes-cybersecurity 35:14 – World-wide, venture-capital funding for AI accounting startups hit a total of $233.3 million between January and the end of March, surpassing the $210.2 million in funding for all of 2021, according to PitchBook https://www.wsj.com/articles/vcs-target-ai-accounting-startups-as-companies-look-to-control-spending-in-uncertain-economy-11655151883 38:52 – Clients Would Switch for Portals - CPA Trendlines https://cpatrendlines.com/2022/06/26/clients-would-switch-for-portals/ 42:11 – Toast Serves up Expanded Restaurant Solutions with Sling Acquisition https://www.pymnts.com/acquisitions/2022/toast-serves-up-expanded-restaurant-solutions-with-sling-acquisition/ 44:39 – Voicemail from Tony Novac – Thank you! Voicemail from Erin Millie Smith – Thank you! Email from Paul – Thank you! 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: futurefirmaccelerate.com GetW9: getw9.tax Royalwise Solutions: learn.royalwise.com Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jul 7, 2022

Sponsors Digits: https://www.cloudaccountingpodcast.promo/digits LedgerGurus: https://www.cloudaccountingpodcast.promo/ledgergurus uCollect: https://www.cloudaccountingpodcast.promo/ucollect 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 8:35 – EY fined $100m over US audit exam cheating https://www.accountancydaily.co/ey-fined-100m-over-us-audit-exam-cheating How Exactly Did EY Auditors Cheat on CPE Exams? Details From the SEC Order https://www.goingconcern.com/how-exactly-did-ey-auditors-cheat-on-cpe-exams-details-from-the-sec-order/ Top accounting firm fined $100 million after employees cheated on CPA exams https://www.cnn.com/2022/06/28/business/ernst-and-young-sec-cheating-fine/index.html 25:16 – Broken enQ blog post https://blog.callenq.com/urgent-update-changes-at-the-irs-impacting-enq-service-levels/?utm_source=pocket_mylist CallEnQ on Twitter: "We’ve listened to our customers and are re-evaluating the next steps due to the recent drop in IRS level of service (and thus enQ level of service). @taxtherapist505 @PKubeyEA" https://twitter.com/callenqinc/status/1541833877186318336 28:59 – IRS Delayed on Tax Refunds Partly Due to Massive Backlog https://smallbiztrends.com/2022/06/irs-delayed-tax-refunds.html Taxpayer advocate sees much larger backlog than IRS reported https://www.accountingtoday.com/news/taxpayer-advocate-sees-much-larger-tax-return-backlog-than-irs-reported National Taxpayer Advocate report targets IRS service https://www.journalofaccountancy.com/news/2022/jun/national-taxpayer-advocate-report-targets-irs-service.html 36:36 – GOP lawmaker proposes to double R&D tax credit https://www.accountingtoday.com/news/gop-lawmaker-proposes-to-double-r-d-tax-credit-in-new-bill Senators Reintroduce Bill to Preserve Freedom of Payment Choice https://www.pymnts.com/news/regulation/2022/senators-reintroduce-bill-to-preserve-freedom-of-payment-choice/ 50:44 – The promise and peril of crypto for black investors – NPR https://www.npr.org/2022/06/28/1108413738/the-promise-a The Indicator from Planet Money : NPR https://www.npr.org/transcripts/1108413738 58:18 – Intuit pulls QuickBooks from India, uncomfortably quickly • The Register https://www.theregister.com/2022/07/01/intuit_quickbooks_quits_india/ 59:32 – Email from Jonathan Reed – Thank you! 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: futurefirmaccelerate.com GetW9: getw9.tax Royalwise Solutions: learn.royalwise.com Resolve Works: https://www.resolve-works.com/careers Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 29, 2022

Sponsors Synder: https://www.cloudaccountingpodcast.promo/synder Relay: https://www.cloudaccountingpodcast.promo/relay Canopy: https://www.cloudaccountingpodcast.promo/canopy 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 11:25 – Abortion statistics in the United States – Wikipedia https://en.wikipedia.org/wiki/Abortion_statistics_in_the_United_States?wprov=sfti1 21:16 – Abortions Increase in the U.S., Reversing a 30-Year Decline, Report Finds https://www.nytimes.com/2022/06/15/health/abortion-rate-increase.html?referringSource=articleShare 26:32 – This is how much child care costs in 2022 https://www.care.com/c/how-much-does-child-care-cost/ Future costs of raising a child https://www.concordmonitor.com/getattachment/ab3e8593-195d-460d-9e7f-700c26c20c26/kidcost-cmlife-012217-ph03 The Cost of Raising a Child https://www.usda.gov/media/blog/2017/01/13/cost-raising-child 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: futurefirmaccelerate.com GetW9: getw9.tax Royalwise Solutions: learn.royalwise.com Resolve Works: https://www.resolve-works.com/careers Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 22, 2022

Sponsors Canopy: https://www.cloudaccountingpodcast.promo/canopy A2X: https://www.cloudaccountingpodcast.promo/a2x Synder: https://www.cloudaccountingpodcast.promo/synder 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 4:18 – Listener mail on Clearspend shutdown 10:11 – Brex, which started out serving startups, now says it is ‘less suited to meet the needs of smaller customers’ | TechCrunch https://techcrunch.com/2022/06/17/brex-which-started-out-serving-startups-now-says-it-is-less-suited-to-meet-the-needs-of-smaller-customers/ Brex | Why am I no longer qualified to be a Brex customer? https://www.brex.com/support/why-am-i-no-longer-qualified-to-be-a-brex-customer/ 15:25 – Lili Adds Third-Party Integrations for SMBs https://www.pymnts.com/smbs/2022/lili-adds-third-party-integrations-smbs/ 16:16 – Voicemail from Heather Smith – Thank you! 21:02 – Internet Explorer Is Shutting Down in a Burst of Nostalgia https://www.nytimes.com/2022/06/15/business/internet-explorer-shutting-down.html?referringSource=articleShare 30:38 – New: Introducing Fathom’s integration with Google Sheets https://blog.fathomhq.com/google-sheets-integration 34:02 – Voicemail from Byron Patrick – Thank you! 37:12 – EY invests $1B in new audit technology | Accounting Today https://www.accountingtoday.com/news/ey-invests-1b-in-new-audit-technology EY plans $1bn investment in audit technology https://www.accountancydaily.co/ey-plans-1bn-investment-audit-technology EY Puts Its Money Where Its Mouth Is on Audit Quality With a Technology Investment https://www.goingconcern.com/ey-puts-its-money-where-its-mouth-is-on-audit-quality-with-a-technology-investment/ 41:41 – Nuula launches in Canada to support small businesses, entrepreneurs https://www.prnewswire.com/news-releases/nuula-launches-in-canada-to-support-small-businesses-entrepreneurs-301566984.html 42:59 – Decimal Raises $9.2mm Seed to Automate Accounting Operations for SMBs https://www.wfmz.com/news/pr_newswire/pr_newswire_technology/decimal-raises-9-2mm-seed-to-automate-accounting-operations-for-smbs/article_b675dc95-f7c4-5d54-afcf-e27df29b7b65.html 46:31 – Bill Gates says crypto and NFTs are based on 'greater fool theory' https://www.cnbc.com/2022/06/15/bill-gates-says-crypto-and-nfts-are-based-on-greater-fool-theory.html 49:12 – Celsius Is Crashing, and Crypto Investors Are Spooked – WSJ https://www.wsj.com/articles/celsius-is-crashing-and-crypto-investors-are-spooked-11655371801 Crypto Lender Celsius Under Investigation by Several US State Regulators https://www.pymnts.com/cryptocurrency/2022/crypto-lender-celsius-under-investigation-by-several-us-state-regulators/ Who Pays for Crypto’s Collapse? – WSJ https://www.wsj.com/articles/who-pays-for-crypto-collapse-class-action-lawsuits-bitcoin-ethereum-losses-investors-coinbase-luna-xrp-11655056359 54:08 – Sen. Cynthia Lummis pumps crypto https://twitter.com/means_tv/status/1534894872271929344?s=12&t=ChIXLXFTq7uE3xzW2ZnNJg 58:24 – Software Company MicroStrategy’s Bitcoin Losses Almost $1B https://www.pymnts.com/cryptocurrency/2022/software-company-microstrategys-bitcoin-losses-almost-1b/ 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://...

Jun 21, 2022

Meet Our Guest, Lee Frederiksen: LinkedIn: https://www.linkedin.com/in/leefrederiksen/ Accounting Today contributions: https://www.accountingtoday.com/author/lee-frederiksen Learn more about Hinge https://hingemarketing.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 21, 2022

Meet Our Guests: James Robnett, Deputy Chief, Criminal Investigation LinkedIn: https://www.linkedin.com/in/james-robnett-b5697445/ Darren Guillot, Deputy Commissioner, IRS Small Business Division LinkedIn: https://www.linkedin.com/in/darren-john-guillot-b7262351/ Learn more about IRS Criminal Investigation https://www.irs.gov/compliance/criminal-investigation Learn more about IRS Small Business Division https://www.irs.gov/about-irs/small-business-self-employed-division-at-a-glance Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 20, 2022

Meet Our Guest, Penny Breslin LinkedIn: https://www.linkedin.com/in/penny-breslin-0228b81 Learn more about MoneyPenny, LLC https://moneypennyllc.com/about-us/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 17, 2022

Sponsors OnPay: https://www.cloudaccountingpodcast.promo/onpay Synder: https://www.cloudaccountingpodcast.promo/synder Freshbooks: https://www.cloudaccountingpodcast.promo/freshbooks 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 8:24 – Obviously most CPAs are against the 150 hr rule. But what if those extra 30 hours were beneficial? https://twitter.com/jmcgowan3838/status/1536865439761981440?s=12&t=o4NXUgPpdhP_BFttwPv7bA 14:06 – Be Great. Be American. Easier Accounting Commercial https://www.youtube.com/watch?v=-muWpOqx61E 34:04 – CohnReznick charged with improper auditing conduct by SEC https://www.accountingtoday.com/news/cohnreznick-charged-with-improper-auditing-conduct-by-sec 38:53 – Listener mail – Thank you, Dan! 43:19 – Reality TV stars convicted of $30m fraud and tax evasion https://www.accountancydaily.co/reality-tv-stars-convicted-30m-fraud-and-tax-evasion 46:33 – Wolters Kluwer, KPMG collaborate across content platforms https://www.accountingtoday.com/news/wolters-kluwer-kpmg-collaborate-across-content-platforms 1:01:25 – IRS Raising 2022 Standard Mileage Deduction Rate As Gas Prices Soar https://smallbiztrends.com/2022/06/irs-raising-2022-standard-mileage-deduction-rate-for-business.html 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: futurefirmaccelerate.com GetW9: getw9.tax Ambitious Bookkeeper: https://www.ambitiousbookkeeper.com/podcast Royalwise Solutions: learn.royalwise.com Resolve Works: https://www.resolve-works.com/careers Advisors For Change: advisorsforchange.com/join-our-team Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 14, 2022

Meet Our Guest: Eric Green, Founder of Tax Rep Network LinkedIn: https://www.linkedin.com/in/eric-green-b63a546 Learn more about Tax Rep Network https://taxrepllc.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 14, 2022

Meet Our Guest: Seth Fineberg, Editorial Manager/US Team Lead at AccountingWEB.com LinkedIn: https://www.linkedin.com/in/seth-fineberg-86aa8663 Learn more about AccountingWEB https://www.accountingweb.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 10, 2022

Sponsors Digits: https://www.cloudaccountingpodcast.promo/digits A2X: https://www.cloudaccountingpodcast.promo/A2X Canopy: https://www.cloudaccountingpodcast.promo/canopy 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 3:27 – Val Kilmer's Dialogue in "Top Gun: Maverick" Was Read by AI Because He Can't Speak Anymore https://futurism.com/the-byte/val-kilmer-dialogue-ai-top-gun How The Book of Boba Fett Tricked Fans With Luke Skywalker's Voice https://thedirect.com/article/book-boba-fett-luke-skywalker-voice 23:52 – Listener Mail – Thank you, Alison! 34:03 – The Frontier: For efficiency to live, email must die https://www.accountingtoday.com/news/the-frontier-for-practice-efficiency-to-live-email-must-die 41:17 – Accounting Firm EY Considers Split of Audit, Advisory Businesses https://www.wsj.com/articles/accounting-firm-ey-considers-splitting-audit-and-advisory-businesses-11653592588?mod=realestate_trending_now_article_pos2 54:41 – Podcast Reviews 52:49 – Melio Intros International Payments for SMBs https://www.pymnts.com/smbs/2022/melio-intros-international-payments-for-smbs/ Melio Launches International Payments To Over 70 Countries https://www.prnewswire.com/news-releases/melio-launches-international-payments-to-over-70-countries-301556489.html 55:39 – Lightspeed Commerce Launches B2B Platform https://www.pymnts.com/news/b2b-payments/2022/lightspeed-commerce-launches-b2b-platform/ Lightyear and Sage partner for end-to-end offering https://ecommercenews.com.au/story/lightyear-and-sage-partner-for-end-to-end-offering 57:49 – Jotform Store Builder launches as a no-code solution to build a store in minutes https://www.prnewswire.com/news-releases/jotform-store-builder-launches-as-a-no-code-solution-to-build-a-store-in-minutes-301559218.html 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: futurefirmaccelerate.com GetW9: getw9.tax Ambitious Bookkeeper: https://www.ambitiousbookkeeper.com/podcast Royalwise Solutions: learn.royalwise.com Oh My Fraud: A True Crime Podcast for Accountants: ohmyfraud.com Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 3, 2022

Sponsors Canopy: https://www.cloudaccountingpodcast.promo/canopy Synder: https://www.cloudaccountingpodcast.promo/synder A2X: https://www.cloudaccountingpodcast.promo/A2X 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 3:23 – Adam Neumann's blockchain-based redemption story now sponsored by a16z https://techcrunch.com/2022/05/24/flowcarbon-wework-adam-neumann-blockchain-crypto-carbon-credit-startup-raises-funding-from-a16z/ 6:46 – Kicking off the AICPA ESG Symposium https://twitter.com/kaceebop/status/1528891278876102657?s=12&t=RyUCB_1HHZjo8PXBkf94lA 13:51 – Bolt lays off employees in company restructuring https://www.protocol.com/bulletins/bolt-layoff-employees-company-restructuring FinTech Startup Bolt Financial Plans Layoffs https://www.pymnts.com/checkout-conversion/2022/fintech-startup-bolt-financial-plans-layoffs/ 16:03 – IRS raids alliantgroup offices https://www.accountingtoday.com/news/irs-raids-alliantgroup-offices The IRS Is Paying an Unwelcome Visit to Alliantgroup (NEW UPDATE) Dhaval Finally Emailed His Troops - Going Concern https://www.goingconcern.com/the-irs-is-paying-an-unwelcome-visit-to-alliantgroup/?utm_source=rss&utm_medium=rss&utm_campaign=the-irs-is-paying-an-unwelcome-visit-to-alliantgroup 20:23 – Accounting Giant EY Created A Chief Wellbeing Officer To Uplift And Empower Their People https://www.forbes.com/sites/jackkelly/2022/05/27/accounting-giant-ey-created-a-chief-wellbeing-officer-to-uplift-and-empower-their-people/ 23:56 – U.K. Regulator Fines KPMG Over Shortfalls in Rolls-Royce Audit – WSJ https://www.wsj.com/articles/u-k-regulator-fines-kpmg-over-shortfalls-in-rolls-royce-audit-11653416467 25:03 – Accounting giant EY to spin off audit division from advisory business https://www.thisismoney.co.uk/money/markets/article-10858715/Accounting-giant-EY-spin-audit-division-advisory-business.html Accounting Firm EY Considers Split of Audit, Advisory Businesses https://www.wsj.com/articles/accounting-firm-ey-considers-splitting-audit-and-advisory-businesses-11653592588 Accounting Firm EY Considers Split of Audit, Advisory Businesses – WSJ https://www.wsj.com/articles/accounting-firm-ey-considers-splitting-audit-and-advisory-businesses-11653592588?mod=hp_lead_pos4 27:03 – Top 100 Accounting Firm Now Accepts $SHIB, $DOGE and Others as Payment for Its Services https://www.cryptoglobe.com/latest/2022/05/top-100-accounting-firm-now-accepts-shib-doge-and-others-as-payment-for-its-services/ 48:21 – Listener mail – Thank you, Christopher! 49:27 – Introducing the Xero Stripe App in the new Stripe App Marketplace | Xero Blog https://www.xero.com/blog/2022/05/introducing-xero-stripe-app/ 54:27 – Qonto adds invoice accounting to business finance platform https://www.finextra.com/pressarticle/92720/qonto-adds-invoice-accounting-to-business-finance-platform 56:19 – ADP Makes Enhancements to Accountant Connect https://www.accountingweb.com/technology/accounting-software-news/adp-makes-enhancements-to-accountant-connect 58:05 – Austin St. John charged in multimillion-dollar PPP Covid relief fraud scheme https://www.nbcnews.com/news/us-news/red-power-ranger-actor-charged-multimillion-dollar-ppp-covid-relief-fr-rcna29813 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 P...

May 25, 2022

Sponsors Digits: https://www.cloudaccountingpodcast.promo/digits Canopy: https://www.cloudaccountingpodcast.promo/canopy Synder: https://www.cloudaccountingpodcast.promo/synder 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 14:38 – KPMG Audit Kickstart CPA program will pay new hires to study https://www.accountingtoday.com/news/kpmg-audit-kickstart-cpa-program-will-pay-new-hires-to-study Walmart has created a program to recruit and train college graduates to become store managers, promising a starting wage of at least $65,000 a year https://www.wsj.com/articles/walmart-cant-find-enough-store-managers-even-at-200-000-a-year-11652619602 Walmart Struggles to Add Store Managers at $210K+ https://www.pymnts.com/news/retail/2022/walmart-struggles-add-store-managers-210000-dollars/ 18:10 – Apple softens its stance on remote work amid return-to-office delays | Engadget https://www.engadget.com/apple-delays-return-to-office-allows-remote-work-194324892.html Apple Reverses Remote Work Policy, Exec Goes To Alphabet https://gizmodo.com/apple-return-to-work-policy-alphabet-machine-learnin-1848942742 Apple is sticking with two days back in the office each week, for now https://www.wsj.com/articles/apple-pauses-plans-to-go-from-two-days-to-three-days-a-week-in-the-office-11652829935 43% of Remote Workers Miss the Water Cooler Chats with Co-workers http://feedproxy.google.com/~r/SmallBusinessTrends/~3/twaU6wF6Xlw/remote-workers-miss-water-cooler-chats-happy-hour.html 29:32 – Email from listener – Thank you, Catherine! 33:00 – IRS audit rates decreased most for wealthy, GAO finds https://www.journalofaccountancy.com/news/2022/may/irs-audit-rates-decreased-most-wealthy-gao-finds.html IRS audit rates plummet, especially for wealthy | Accounting Today https://www.accountingtoday.com/news/irs-audit-rates-plummet-especially-for-wealthy IRS may start collecting more demographic info on taxpayers https://www.accountingtoday.com/news/irs-may-start-collecting-more-demographic-info-on-taxpayers 39:56 – After TerraUSD’s spectacular collapse, another stablecoin has lost its peg – Fortune https://fortune.com/2022/05/19/terrausd-dei-crypto-collapse-stablecoin-dollar-peg/ 43:08 – Dorsey outlines Block's bitcoin-centric future at first investor day in five years: 'No longer just a payments company' https://www.cnbc.com/2022/05/18/jack-dorsey-outlines-blocks-bitcoin-centric-future-no-longer-just-a-payments-company.html 44:51 – The Frontier: Train accountants on tech, or technologists in accounting? https://www.accountingtoday.com/news/training-accountants-on-technology-or-training-technologists-in-accounting-which-is-better 52:32 – Reckon sells accounting division for $100m https://www.accountantsdaily.com.au/business/17021-reckon-sells-accounting-division-for-100m 53:30 – Audit and accounting software company Caseware rebrands https://www.accountingtoday.com/news/audit-and-accounting-software-company-caseware-rebrands 54:22 – This Seattle startup backed by American Express wants to be the 'LinkedIn of accounting' – GeekWire https://www.geekwire.com/2022/this-seattle-startup-backed-by-american-express-wants-to-be-the-linkedin-of-accounting/ 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:

May 20, 2022

Sponsors OnPay: https://www.cloudaccountingpodcast.promo/onpay FreshBooks: https://www.cloudaccountingpodcast.promo/freshbooks Canopy: https://www.cloudaccountingpodcast.promo/canopy 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 2:57 – Tether (USDT) stablecoin drops below $1 peg https://www.cnbc.com/2022/05/12/tether-usdt-stablecoin-drops-below-1-peg.html Bitcoin plunged to its lowest level since December 2020 as a cryptocurrency selloff gathered steam https://www.wsj.com/articles/bitcoin-falls-to-26-000-as-crypto-selloff-intensifies-11652340653 10:46 – Crypto investors likely pay less than half the taxes they owe https://www.accountingtoday.com/articles/crypto-investors-are-likely-paying-less-than-half-the-taxes-they-owe 12:05 – Web3 accounting firm officially launches on Tactic.com https://domainnamewire.com/2022/05/09/web3-accounting-firm-officially-launches-on-tactic-com/ 22:59 – KPMG UK Somehow Won't Be Getting a Record Fine From the Financial Reporting Council For Carillion Mess https://www.goingconcern.com/kpmg-uk-somehow-wont-be-getting-a-record-fine-from-the-frc-for-carillion-mess/ 25:22 – Listener mail from Chris – Thank you! 35:22 – Logan Graf YouTube Video – How Much Money I made In 2021 As A First Year CPA Firm Owner https://www.youtube.com/watch?v=OIcH2Zv_JyE 38:38 – Listener mail from Tyler – Thank you! 41:20 – Listener mail from Sarah – Thank you! 45:26 – IRS destroyed 30M paper information returns due to backlog https://www.accountingtoday.com/news/irs-destroyed-30m-paper-information-returns-due-to-backlog Report: IRS Destroyed 30 Million Paper Tax Documents https://www.cpapracticeadvisor.com/tax-compliance/news/21267104/report-irs-destroyed-30-million-paper-tax-documents 51:08 – Rippling raises $250M in series D funding https://www.rippling.com/blog/rippling-raises-250m-in-series-d-funding 53:40 – Fueled by the remote work revolution, Deel more than doubles valuation to $12B with new raise – TechCrunch https://techcrunch.com/2022/05/11/fueled-by-the-remote-work-revolution-deel-more-than-doubles-valuation-to-12b-with-new-raise/ 55:08 – Deluxe Announces Collaboration with Codat to Embed Accounting Integrations Directly into Deluxe Payroll + HR Solutions Platform https://www.businesswire.com/news/home/20220510005018/en/Deluxe-Announces-Collaboration-with-Codat-to-Embed-Accounting-Integrations-Directly-into-Deluxe-Payroll-HR-Solutions-Platform 57:18 - Avalara releases tax compliance automation tool for property managers https://www.accountingtoday.com/news/avalara-releases-tax-compliance-automation-tool-for-property-managers 58:06 – Xero’s full year 2022 financial results https://www.xero.com/blog/2022/05/full-year-2022-financial-results/ 59:06 – Millions of Americans May Qualify for Free Broadband Internet Program https://www.cpapracticeadvisor.com/tax-compliance/news/21267032/millions-of-americans-may-qualify-for-free-broadband-internet-program 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: futurefirmaccelerate.com GetW9: getw9.tax Advisors for Ch...

May 13, 2022

Sponsors FreshBooks: https://www.cloudaccountingpodcast.promo/freshbooks Canopy: https://www.cloudaccountingpodcast.promo/canopy Relay: https://www.cloudaccountingpodcast.promo/relay 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 1:46 – Intuit owes customers $141 million after it 'cheated' them out of free tax services https://www.engadget.com/intuit-owes-consumers-141-million-after-it-cheated-them-out-of-free-tax-services-090115518.html Intuit Will Refund $141 Million to Low-Income TurboTax Users - The New York Times https://www.nytimes.com/2022/05/04/business/turbotax-intuit-settlement.html 4:36 – Study: Nearly half of returns could be automatically populated https://www.accountingtoday.com/news/study-says-nearly-half-of-tax-returns-could-be-automatically-pre-populated 8:09 – In-Person BNPL Coming Soon as Block Connects Seller, CashApp Ecosystems https://www.pymnts.com/earnings/2022/in-person-bnpl-coming-soon-as-block-connects-seller-cashapp-ecosystems/ 9:43 – H&R Block Wins Injunction Against Jack Dorsey’s Block Inc. https://news.bloomberglaw.com/daily-tax-report/h-r-block-wins-injunction-against-jack-dorseys-block-inc 11:23 – Fireside chat with IRS Commissioner Chuck Rettig https://www.accountingtoday.com/news/fireside-chat-with-irs-commissioner-chuck-rettig 19:00 – Marcum merges in Friedman to create $1B megafirm https://www.accountingtoday.com/news/marcum-merges-in-friedman-to-create-1b-megafirm 19:54 – Klean Books Offering Free Business Bookkeeping Services With New Promotion https://www.globenewswire.com/news-release/2022/05/04/2435980/0/en/Klean-Books-Offering-Free-Business-Bookkeeping-Services-With-New-Promotion.html 21:18 – PwC US announces $2.4B employee investment https://www.accountingtoday.com/news/pwc-us-announces-2-4b-employee-investment 28:05 – Let's Mesh Other Business Buzzwords to Form the Next Big Accounting Firm Name https://www.goingconcern.com/lets-mesh-other-business-buzzwords-to-form-the-next-big-accounting-firm-name/ 31:11 – In KPMG Australia Cheating Scandal, Apparently Cheaters *Do* Win https://www.goingconcern.com/in-kpmg-australia-cheating-scandal-apparently-cheaters-do-win/ 32:58 – Why the Metaverse matters to you https://www.accountingtoday.com/podcast/why-the-metaverse-matters-to-you 37:49 – What It Will Take for Augmented Reality to Become Our Reality https://www.wsj.com/articles/what-it-will-take-for-augmented-reality-to-become-our-reality-11651844452 Law firm says employees can work from home full-time – but only if they take a 20% pay cut https://www.cnbc.com/2022/05/05/workers-at-uk-law-firm-to-take-20percent-pay-cut-to-work-from-home-full-time.html 46:38 – Back In My Day, Accountants Had to Walk Uphill Both Ways In the Hot Sun to Get to Work, Says Crotchety Old British Guy https://www.goingconcern.com/back-in-my-day-accountants-had-to-walk-uphill-both-ways-in-the-hot-sun-to-get-to-work-says-crotchety-old-british-guy/ 51:41 – Pizza accountant to pay $2M for insider trading https://www.accountingtoday.com/news/ex-dominos-accountant-to-pay-2m-for-insider-trading 55:34 – Stripe Offers Businesses Customer-Account Verification Tools https://www.pymnts.com/news/security-and-risk/2022/stripe-offers-businesses-customer-account-verification-tools/ 56:29 – Experiment finds RPA is 745% faster than manual processes https://www.accountingtoday.com/news/experiment-finds-rpa-is-745-faster-than-manual-accounting-processes 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 ...

May 6, 2022

Sponsors Relay: https://www.cloudaccountingpodcast.promo/relay Canopy: https://www.cloudaccountingpodcast.promo/canopy Scrutinize: https://www.cloudaccountingpodcast.promo/scrutinize 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 17:43 – Clients left in the dark after not hearing from tax preparer, missing tax deadline https://www.13abc.com/2022/04/26/clients-left-dark-after-not-hearing-tax-preparer-missing-tax-deadline/ 20:12 – Taxpayer advocate calls on IRS to expand online services https://www.accountingtoday.com/news/taxpayer-advocate-calls-on-irs-to-expand-online-services 30:52 – QuickBooks Online Advanced Now Syncs with Excel https://www.accountingweb.com/technology/accounting-software-news/quickbooks-online-advanced-now-syncs-with-excel Centage Announces Premium App for QuickBooks Online Advanced https://www.prnewswire.com/news-releases/centage-announces-premium-app-for-quickbooks-online-advanced-301534214.html 45:36 – Formations Raises $8M Series A | Formations https://formationscorp.com/formations-raises-8-million-dollar-series-a/ 52:02 – Sage announces rebranding https://www.accountingtoday.com/news/sage-announces-rebrand-to-better-align-with-needs-of-smes Sage announces rebrand to better align with needs of SMEs https://www.accountingtoday.com/news/sage-announces-rebrand-to-better-align-with-needs-of-smes 54:25 – Sage acquires Mateo cloud savings and loan software, so nonprofit and faith-based organizations can maximize donations https://www.globenewswire.com/news-release/2022/04/22/2427562/0/en/Sage-acquires-Mateo-cloud-savings-and-loan-software-so-nonprofit-and-faith-based-organizations-can-maximize-donations.html Sage acquires Mateo cloud savings and loan software https://www.accountingtoday.com/news/sage-acquires-mateo-cloud-savings-and-loan-software 55:50 – Thomson Reuters acquires Gestta https://www.thomsonreuters.com/en/press-releases/2022/april/thomson-reuters-acquires-gestta.html 58:18 – Stripe Launches Stripe Partner Ecosystem https://www.pymnts.com/partnerships/2022/stripe-launches-stripe-partner-ecosystem/ 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: futurefirmaccelerate.com GetW9: getw9.tax Firmsta: firmsta.com Oh My Fraud: A True Crime Podcast for Accountants: ohmyfraud.com Advisors for Change: https://www.advisorsforchange.com Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Apr 29, 2022

Sponsors Digits: https://www.cloudaccountingpodcast.promo/digits Synder: https://www.cloudaccountingpodcast.promo/synder Relay: https://www.cloudaccountingpodcast.promo/relay 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 4:35 – Accounting Twins Podcast https://www.accountingtwins.com/ 7:37 – What is Disney World's 'special district'? - The Fulcrum https://thefulcrum.us/balance-of-power/-2657192873 18:35 – Details on New Hires, Most In-Demand Service Lines, CPA Exam Numbers, and More From the Latest AICPA Trends Report - Going Concern https://www.goingconcern.com/details-on-new-hires-most-in-demand-service-lines-cpa-exam-numbers-and-more-from-the-latest-aicpa-trends-report/?utm_source=rss&utm_medium=rss&utm_campaign=details-on-new-hires-most-in-demand-service-lines-cpa-exam-numbers-and-more-from-the-latest-aicpa-trends-report 45:21 – Scuffle sparked at Accounting Act reform meeting https://www.taipeitimes.com/News/taiwan/archives/2022/04/22/2003777037 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: futurefirmaccelerate.com GetW9: getw9.tax Firmsta: firmsta.com Oh My Fraud: A True Crime Podcast for Accountants: ohmyfraud.com Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Apr 26, 2022

Meet Our Guest, Wayne Chang LinkedIn: https://www.linkedin.com/in/waynechang/ Twitter: https://twitter.com/wayne?lang=en Learn more about Digits Website: https://digits.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Apr 22, 2022

Sponsors Digits: https://www.cloudaccountingpodcast.promo/digits Scrutinize: https://www.cloudaccountingpodcast.promo/scrutinize Synder: https://www.cloudaccountingpodcast.promo/synder 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 4:41 – Art of Accounting: Energizing staff for last-minute returns https://www.accountingtoday.com/opinion/art-of-accounting-energizing-staff-for-last-minute-tax-returns 11:30 – Email from Listener – Thank you! 13:52 – Letter from Osidon 20:17 – Email from Trevor – Thank you! 24:08 – Voicemail from Ray – Thank you! 37:29 – PE investment fuels M&A at Citrin Cooperman https://www.accountingtoday.com/news/pe-firm-buys-majority-stake-in-citrin-cooperman 38:52 – Man who paid $2.9m for NFT of Jack Dorsey’s first tweet set to lose almost $2.9m https://www.theguardian.com/technology/2022/apr/14/twitter-nft-jack-dorsey-sina-estavi 48:07 –Marvel Star Simu Liu Thanks Accounting Firm For Laying Him Off 10 Years Ago https://www.huffpost.com/entry/simu-liu-accounting-laid-off-anniversary_n_62575762e4b0be72bff23dad?ncid%3DNEWSSTAND0001 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: futurefirmaccelerate.com GetW9: getw9.tax Firmsta: firmsta.com Oh My Fraud: A True Crime Podcast for Accountants: ohmyfraud.com Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Apr 15, 2022

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay FreshBooks: https://cloudaccountingpodcast.promo/freshbooks Scrutinize: https://cloudaccountingpodcast.promo/scrutinize 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 13:09 – Legislation introduced in Senate to recognize accounting as a STEM field in K-12 education https://www.journalofaccountancy.com/newsletters/extra-credit/legislation-introduced-recognize-accounting-as-stem-k-12-education.html 17:16 – Diverse accounting hires on the rise, AICPA report finds | Accounting Today https://www.accountingtoday.com/news/diverse-accounting-hires-on-the-rise-aicpa-report-finds CPA firms show progress in diversity amid pipeline challenges - Journal of Accountancy https://www.journalofaccountancy.com/news/2022/apr/cpa-firms-show-progress-diversity-pipeline-challenges.html 25:26 – Fake bank records are readily available as U.S. hunts for fraud | Accounting Today https://www.accountingtoday.com/articles/fake-bank-records-are-readily-available-as-u-s-hunts-for-fraud 33:12 – Walmart Stops $4M in Gift Cards From Reaching Scammers Targeting Older Victims https://www.pymnts.com/walmart/2022/walmart-stops-4m-in-gift-cards-from-reaching-scammers-targeting-older-victims/ 35:25 – Elon Musk delayed filing a form and made $156 million https://www.washingtonpost.com/technology/2022/04/06/musk-twitter-sec/ 41:07 – Block Confirms Cash App Breach by Former Employee https://www.pymnts.com/news/security-and-risk/2022/block-confirms-cash-app-breach-by-former-employee/ 42:34 – Mailchimp says an internal tool was used to breach hundreds of accounts https://news.google.com/articles/CAIiEC4n0jBa41XPsQx-Of5_IEsqFAgEKg0IACoGCAowlIEBMLEXMOc_?hl=en-US&gl=US&ceid=US%3Aen 46:33 – After Raising, Burning Through $120M+, Fast Fades Fast in One-Click Battle https://www.pymnts.com/startups/2022/after-raising-burning-through-120m-fast-fades-fast-in-one-click-battle/ Fast, the checkout startup, shuts down: NPR https://www.npr.org/2022/04/05/1091077398/checkout-startup-fast-is-shutting-down-after-burning-through-investors-money 50:38 – Bolt to Purchase Crypto Startup Wyre for $1.5B https://www.pymnts.com/acquisitions/2022/bolt-to-purchase-crypto-startup-wyre-for-1-5b/ 53:22 – Palantir alums raise $25M from Peter Thiel’s Founders Fund and other VCs for their finance startup, Mosaic | TechCrunch https://techcrunch.com/2022/03/30/palantir-finance-alums-raise-25m-for-mosaic-in-founders-fund-peter-thiel-led-series-b/ Clockwork.ai Closes $2 MM Seed Funding to Automate Financial Planning and Analysis and Help Businesses 'Know Their Numbers' https://www.digitaljournal.com/pr/clockwork-ai-closes-2-mm-seed-funding-to-automate-financial-planning-and-analysis-and-help-businesses-know-their-numbers Docyt raises $11.5M Series A for its AI-powered accounting automation service | TechCrunch https://techcrunch.com/2022/04/06/docyt-raises-11-5m-series-a-for-its-ai-powered-accounting-automation-service/?guccounter=1 56:31 – Thryv Hosts Investor Day, Announces SaaS Revenue Target of $1 Billion in 2027 https://finance.yahoo.com/news/thryv-hosts-investor-day-announces-100000925.html 59:58 – Xero appoints Chris O’Neill as Chief Growth Officer | Xero US https://www.xero.com/us/media-releases/xero-appoints-chief-growth-officer/ 1:02:09 – Spreadsheets Are Hot—and Cranking Out Complex Code https://www.wired.com/story/spreadsheets-are-hot-and-cranking-out-complex-code/ 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

Apr 8, 2022

Sponsors Digits: https://www.cloudaccountingpodcast.promo/digits Scribe: https://cloudaccountingpodcast.promo/scribe 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 00:59 – Taxpayer advocate urges IRS to use scanners to cut backlog https://www.accountingtoday.com/news/taxpayer-advocate-urges-irs-to-use-scanners-to-cut-backlog IRS Says Paper Income Tax Returns are Major Cause of Logjam https://www.cpapracticeadvisor.com/tax-compliance/news/21262251/irs-says-paper-income-tax-returns-are-major-cause-of-logjam 14:07 – FTC says TurboTax free filing not as free as advertised, Intuit vows to fight https://www.accountingtoday.com/news/federal-trade-commission-complaint-says-turbotax-overstated-free-file-options-intuit-vows-to-fight-back FTC Sues Intuit Over Deceptive TurboTax “Free” Filing Campaign https://smallbiztrends.com/2022/03/ftc-sues-intuit-over-deceptive-turbotax-free-filing.html ‘False Claims and Buried Disclosures’: FTC Says TurboTax Tricks People Into Thinking They Can File for Free https://money.com/turbotax-free-file-ftc-complaint/ 18:32 – Five insights gleaned from PCAOB audit committee chair report https://www.complianceweek.com/accounting-and-auditing/five-insights-gleaned-from-pcaob-audit-committee-chair-report/31507.article 22:02 – House Bill Calls for Creation of Crypto-Less, Privacy-First Digital Dollar https://www.pymnts.com/cbdc/2022/house-bill-calls-for-creation-of-crypto-less-privacy-first-digital-dollar/ 24:58 – Voicemail from Ryan Pearcy – Thank you! 27:02 – Hedge funds are betting against a cryptocurrency whose price shouldn’t move. Tether says the short sellers are part of a ‘clever scheme to raise capital from those less knowledgeable’ https://www.wsj.com/articles/short-sellers-bet-tether-cryptos-central-bank-is-vulnerable-to-a-run-11648978202 29:14 – Hackers heist $600M in crypto from blockchain network https://www.accountingtoday.com/news/hackers-steal-600-million-in-crypto-from-ronin-blockchain-network Crypto Gaming's Biggest Success Story Scammed Out Of $600 Million https://kotaku.com/crypto-axie-infinity-scam-exploit-blockchain-ethereum-n-1848721147 34:12 – Accounting software: MCA yet again defers mandatory audit trail norm by 1 more year https://www.thehindubusinessline.com/economy/accounting-software-mca-yet-again-defers-mandatory-audit-trail-norm-by-1-more-year/article65282052.ece 35:49 – Ask These 3 Interview Questions to Hire the Best Accountant for Your Firm https://news.bloombergtax.com/daily-tax-report/ask-these-3-interview-questions-to-hire-the-best-accountant-for-your-firm Former School of Medicine administrator pleads guilty to stealing $40 million from the University - Yale Daily News https://yaledailynews.com/blog/2022/03/28/former-school-of-medicine-administrator-pleads-guilty-to-stealing-40-million-from-the-university%EF%BF%BC/ 46:51 – Email from Tony – Thank you! 54:40 – Builder.ai Raises $100M Series C Funding Led by Global Software Investor Insight Partners https://www.prnewswire.com/news-releases/builderai-raises-100m-series-c-funding-led-by-global-software-investor-insight-partners-301513079.html 55:22 – Trullion tackles applying AI to accounting workflows | VentureBeat https://venturebeat.com/2022/03/25/trullion-tackles-applying-ai-to-accounting-workflows/ 56:43 – Finally, SMB Accounting Startup, Raises $95M | PYMNTS.com https://www.pymnts.com/news/investment-tracker/2022/finally-a-small-business-accounting-automation-startup-raises-95m/amp/ Finally, a Small Business Accounting Automation Startup, Raises $95M https://www.pymnts.com/news/investment-tracker/2022/finally-a-small-business-accounting-automation-startup-raises-95m/ 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....

Apr 1, 2022

Sponsors Dark Horse: https://cloudaccountingpodcast.promo/darkhorse Synder: https://cloudaccountingpodcast.promo/synder Relay: https://cloudaccountingpodcast.promo/relay 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 03:29 – Mister Car Wash Finding Loyalty Among Increasing Customer Base https://www.pymnts.com/news/retail/2022/mister-car-wash-finding-loyalty-among-increasing-customer-base/ 05:51 – Voicemail from Nikole – Thank you! 13:08 – Intuit Rate Survey: COVID-19’s impact on accounting professionals and their clients https://www.firmofthefuture.com/content/intuit-rate-survey-covid-19s-impact-on-accounting-professionals-and-their-clients/ 18:00 – Half of Remote Professionals Say They Would Quit if Required to Go Back to Office https://www.cpapracticeadvisor.com/payroll/news/21261548/half-of-remote-professionals-say-they-would-quit-if-required-to-go-back-to-office 20:27 – As more companies begin their return to the office, Facebook parent Meta Platforms is becoming more remote than ever before https://www.wsj.com/articles/mark-zuckerberg-and-metas-leadership-take-remote-work-to-the-extreme-11648040580 24:30 – Rick Scott touts importance of 'bookkeeping' classes when asked about financial literacy bill https://floridapolitics.com/archives/510781-bookkeeping-scott/ 26:24 – Who stands to make and lose money if the SEC climate rule becomes law https://www.cnbc.com/2022/03/23/sec-climate-rule-winners-and-losers.html New SEC proposal would ramp up climate-change disclosures https://www.journalofaccountancy.com/news/2022/mar/new-sec-proposal-ramp-up-climate-change-disclosures.html 34:09 – Advisory Services Continue to Grow in Accounting Firms https://www.cpapracticeadvisor.com/firm-management/article/21261215/advisory-services-continue-to-grow-in-accounting-firms 35:54 – Madonna Becomes Latest Celeb Aboard Bored Ape https://www.pymnts.com/nfts/2022/madonna-becomes-latest-celeb-aboard-bored-ape-yacht-club/ 39:32 – Six months in, El Salvador’s bitcoin gamble is crumbling - Rest of World https://restofworld.org/2022/el-salvador-bitcoin/?utm_source=pocket-newtab 42:52 – Digits books $65M on a $565M valuation to bring a more dynamic, automated approach to legacy accounting tools – TechCrunch https://techcrunch.com/2022/03/24/digits-books-65m-on-a-565m-valuation-to-bring-a-more-dynamic-automated-approach-to-legacy-accounting-tools/ 59:47 – Podcast 350: Wayne Chang of Digits - LendIt Fintech News https://www.lendacademy.com/podcast-350-wayne-chang-of-digits/ 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Royalwise: learn.royalwise.com Future Firm: https://futurefirmaccelerate.com/ GetW9: https://getw9.tax/ Oh My Fraud: A True Crime Podcast for Accountants: ohmyfraud.com Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Mar 25, 2022

Sponsors Keeper: https://cloudaccountingpodcast.promo/keeper Synder: https://cloudaccountingpodcast.promo/synder Scribe https://cloudaccountingpodcast.promo/scribe 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 01:02 – Talking Disney and Bars ... 15:37 – Commissioner to Congress: IRS will clear backlog by year’s end https://www.journalofaccountancy.com/news/2022/mar/commissioner-congress-irs-will-clear-backlog-years-end.html 16:18 – IRS plans to hire thousands likely to fall short https://www.accountingtoday.com/news/irs-plans-to-hire-thousands-more-employees-likely-to-fall-short 19:50 – IRS Struggles Allow Secret Election Spending To Flourish https://campaignlegal.org/update/irs-struggles-allow-secret-election-spending-flourish 20:43 – IRS Starts Using Chatbots for Calls https://www.cpapracticeadvisor.com/tax-compliance/news/21260152/irs-starts-using-chatbots-for-calls 21:46 – PCAOB confirms talks with China on audit firm access https://www.accountingtoday.com/news/pcaob-confirms-talks-with-china-on-audit-firm-access 25:19 – The SEC is investigating the Big Four accounting firms for potential conflicts of interest that could influence their audits, people familiar say https://www.wsj.com/articles/big-four-accounting-firms-come-under-regulators-scrutiny-11647364574 28:12 – Accounting Faces Reckoning After Years of Sluggish Pay Growth https://news.bloombergtax.com/daily-tax-report/accounting-faces-reckoning-after-years-of-sluggish-pay-growth Big Four Accounting Firms Reportedly Probed by SEC https://www.businessinsider.com/big-four-accounting-firms-sec-probe-conflict-of-interest-report-2022-3 32:14 – Workers Care More About Flexible Hours Than Remote Work - WSJ https://www.wsj.com/articles/workers-care-more-about-flexible-hours-than-remote-work-11643112004 33:20 – 58% of Consumers Check on Work While Not in Office, Outside Normal Working Hours https://www.pymnts.com/connectedeconomy/2022/consumers-check-on-work-while-not-in-office-outside-working-hours/ 35:30 – Tucson woman accused of gambling away $5M in embezzled funds https://tucson.com/news/local/crime-and-courts/tucson-woman-accused-of-gambling-away-5m-in-embezzled-funds/article_b010f994-a70c-11ec-9940-7fa3aaccf602.html 37:01 – Botkeeper Upgrades Bookkeeping Task Platform https://www.accountingweb.com/technology/accounting-software-news/botkeeper-upgrades-bookkeeping-task-platform 39:09 – Stamped AI closes $2 million to simplify financial statement prep for SMBs https://betakit.com/stamped-ai-closes-2-million-to-simplify-financial-statement-prep-for-smbs/ 40:19 – FISKL introduces modern API-driven accounting for small businesses https://www.wfmz.com/news/pr_newswire/pr_newswire_technology/fiskl-introduces-modern-api-driven-accounting-for-small-businesses/article_9626addf-cd8b-5324-b3a0-3725c43ad8e8.html 42:06 – AuditBoard rolls out new automation and analytics features https://www.accountingtoday.com/news/auditboard-releases-auditboard-automation-and-analytics-tool 46:35 – Coinbooks raises $3.2 million to build accounting software for DAOs https://www.theblockcrypto.com/linked/138356/coinbooks-raises-3-2-million-to-build-accounting-software-for-daos 46:51 – Coinbooks Gathers $3.2 Million For Developing Accounting Software To Serve DAOs https://www.thecoinrepublic.com/2022/03/19/coinbooks-gathers-3-2-million-for-developing-accounting-software-to-serve-daos/ 48:20 – Xerocon Sydney: Xerocon returns to Australia https://www.xero.com/blog/2022/03/xerocon-returns-to-australia/ 49:17 – Xero’s position on Ukraine and Russia https://www.xero.com/blog/2022/03/our-position-on-ukraine-and-russia/ 50:52 – The Ukraine crypto connection 52:00 – Bitcoin Price Surges on Biden’s Crypto Executive Order https://www.wsj.com/articles/biden-to-order-study-of-cryptocurrency-risk-creation-of-u-s-digital-c...

Mar 18, 2022

Sponsors OnPay https://cloudaccountingpodcast.promo/onpay FreshBooks https://cloudaccountingpodcast.promo/freshbooks Scribe https://cloudaccountingpodcast.promo/scribe 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 01:37 – Top Firms 2022: What Great Resignation? https://www.accountingtoday.com/news/top-firms-2022-what-great-resignation 03:19 – 2022 State of Accounting Firms Trends Report https://insights.caseware.com/caseware-2022-state-of-accounting-firms-trends-report 05:58 – The fastest-growing firms in the U.S. — 2022 https://www.accountingtoday.com/list/the-fastest-growing-firms-in-the-u-s-2022 08:00 – YPTC Scores Second Place on Accounting Today’s 2021 List of Best Accounting Firms to Work For https://www.yptc.com/yptc-scores-second-place-on-accounting-todays-2021-list-of-best-accounting-firms-to-work-for/ 12:20 – Cloud computing expected to skyrocket in accounting firms https://www.accountingtoday.com/news/caseware-survey-finds-two-thirds-plan-to-increase-use-of-cloud-computing-solutions 12:30 – Vast Majority of Accounting Firms Plan to Tap into Cloud Technology Due to Pandemic: Global Survey https://www.cfodive.com/press-release/20220309-vast-majority-of-accounting-firms-plan-to-tap-into-cloud-technology-due-to/ 14:25 – Email from Tyler – Audit at a Big Four – Thank you! 21:33 – DoorDash Partners with Office Depot to Offer Business and Learning Essentials On Demand https://doordash.news/consumer/doordash-partners-with-office-depot-to-offer-business-and-office-essentials-on-demand/ 25:27 – A bit about surge pricing 27:24 – IRS budget increase slashed in latest spending bill https://www.accountingtoday.com/news/irs-budget-increase-slashed-in-latest-spending-bill 28:23 – IRS proposes to raise fees for enrolled agents https://www.accountingtoday.com/news/irs-proposes-to-raise-fees-for-enrolled-agents 28:44 – IRS going on a hiring spree https://www.accountingtoday.com/news/irs-looking-to-hire-10-000-people-fast IRS to fast-track 10,000 hirings to address backlog https://www.journalofaccountancy.com/news/2022/mar/irs-fast-track-10000-hirings-address-backlog.html IRS direct-hiring 5,000 in service centers https://www.journalofaccountancy.com/news/2022/mar/irs-direct-hiring-in-service-centers.html 29:25 – IRS audits poorest families five times as much as others https://www.accountingtoday.com/news/irs-audits-poorest-families-five-times-as-much-as-others IRS audits the poor at 5 times the rate of everyone else, analysis finds https://www.cbsnews.com/news/irs-audit-eitc-five-times-as-likely-to-get-audited/ 31:51 – Why underfunding the IRS hurts the accounting profession 37:18 – Practice Ignition becomes ‘Ignition’ https://www.accountingtoday.com/news/practice-ignition-becomes-ignition-enhances-platform 38:17 – Contabilizei Receives Investment of $60M Led by Softbank https://www.pymnts.com/smbs/2022/contabilizei-receives-investment-of-60m-led-by-softbank/ 40:30 – Patriot Software patents dual-ledger feature https://www.accountingtoday.com/news/patriot-software-successfully-patents-dual-ledger-accounting-solution-as-software-feature 44:35 – Chargebee acquires collections management platform https://www.accountingtoday.com/news/chargebee-adds-accounts-receivable-services-by-acquiring-collections-management-platform-numberz 45:14 – MarginEdge & Intuit Launch Unified Restaurant Solution https://www.prnewswire.com/news-releases/marginedge--intuit-launch-unified-restaurant-solution-301485003.html 50:35 – Fieldguide raises $17M in new funding https://www.accountingtoday.com/news/fieldguide-raises-20-million-in-series-a-funding-at-100-million-valuation 52:55 – Tax and audit software reaching the clouds? 56:01 – Exclusive: Found raises $60 million for self-employed business banking https://www.axios.com/exclusive-found-raises-60-million-for-self-employed-business-banking-944d74ad-d2e6-4c4a-b953-1b0a34cd7301.html Careers

Mar 11, 2022

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:

Mar 3, 2022

Sponsors a2X: https://cloudaccountingpodcast.promo/A2X Canopy: https://cloudaccountingpodcast.promo/canopy Synder: https://cloudaccountingpodcast.promo/synder 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 00:24 – We make snow-shoveling fun! Thanks, Jonathan! 02:20 – Countries consider suspending Russia from the world’s main payment infrastructure https://twitter.com/i/events/1497079584633745408?s=12 03:50 – What is SWIFT? 06:10 – Will Russia just flip to crypto? 07:23 – Lightspeed Leads Deal for Brex Rival Payhawk at $1 Billion Valuation https://www.theinformation.com/articles/lightspeed-leads-deal-for-brex-rival-payhawk-at-1-billion-valuation 07:37 – Brex Debuts Mobile Cash Flow Management Tools https://www.pymnts.com/mobile-applications/2022/brex-debuts-mobile-cash-flow-management-tools/ 10:18 – Amex, Airbase Team on Accounting Automation https://www.pymnts.com/partnerships/2022/amex-airbase-team-on-automation-of-accounting-approvals-for-virtual-cards/ 12:48 – Intuit beta tests revenue sharing program with accountants https://www.accountingtoday.com/news/intuit-beta-tests-revenue-sharing-program-with-pro-advisor-accountants 16:00 – Intuit Revenue Share - Are You Eligible? https://report.woodard.com/articles/intuit-revenue-share-are-you-eligible-ocawr ProAdvisor Revenue Share Program https://quickbooks.intuit.com/accountants/products-solutions/pricing-promotions/papp/revenue-share/ 20:35 – What’s new in QuickBooks Online: January 2022 – QuickBooks https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-january-2022/ 24:15 – Intuit Inc. (INTU) Second Quarter Earnings Show QuickBooks, MailChimp Revenue Growth - InvestorsObserver https://www.investorsobserver.com/news/stock-update/intuit-inc-intu-second-quarter-earnings-show-quickbooks-mailchimp-revenue-growth 28:00 – The Future of QuickBooks with Hector Garcia – Earmark Accounting Podcast https://share.transistor.fm/s/60ebf866 32:45 – Blake’s interview with Ben Taylor of SoftLedger https://share.transistor.fm/s/3edead94 Intuit cuts sales forecast on ‘slower forming’ tax season | Accounting Today https://www.accountingtoday.com/articles/intuit-cuts-sales-forecast-on-slower-forming-tax-season Intuit Reports Second Quarter Results and Reiterates Full Year Guidance; Organic Online Ecosystem Revenue Grew 37 Percent https://www.businesswire.com/news/home/20220224005433/en/Intuit-Reports-Second-Quarter-Results-and-Reiterates-Full-Year-Guidance-Organic-Online-Ecosystem-Revenue-Grew-37-Percent Intuit Corp (INTU) Q2 2021 Earnings Call Transcript @themotleyfool #stocks $INTU https://www.fool.com/earnings/call-transcripts/2021/02/23/intuit-corp-intu-q2-2021-earnings-call-transcript/ 35:30 – Xero’s new App Launcher: Bringing apps closer to Xero small businesses and their advisors | Xero Blog https://www.xero.com/blog/2022/02/xero-app-launcher/ New Xero App Launcher helps get more apps to small businesses https://itbrief.com.au/story/new-xero-app-launcher-helps-get-more-apps-to-small-businesses Introducing the new Xero App Launcher | by Xero Developer | Feb, 2022 | Xero Developer https://devblog.xero.com/introducing-the-new-xero-app-launcher-ab6a21a650be 38:50 –Introducing Xero Product Ideas | Xero Blog https://www.xero.com/blog/2022/02/introducing-xero-product-ideas/ 42:50 – Dallas Accounting Platform Rebrands as Once, Then Gets Selected by Industry Accelerator Program » Dallas Innovates https://dallasinnovates.com/dallas-accounting-platform-rebrands-as-once-then-gets-selected-by-aicpa-accelerator-program/ 43:43 – Bench strength: Shopify hires accounting software entrepreneur Ian Crosby to oversee banking products | Ottawa Business Journal https://www.obj.ca/article/techopia/bench-strength-shopify-hires-accounting-software-entrepreneur-ian-crosby-oversee 48:00 – Feedback on our compilations discussion – Thank you, Chris! 48:45 – Now Trump Says His Accounting Firm Was 'Broken' By 'Radical Leftist' Racists https://www.huffpost.com/entry/trump-radical-leftist-racists-mazars-usa_n_6212e537e4b08ee35ee43b3c 50:28 – Email from Eric Fraint, President, and Founder of YPTC weighs in on timesheets. Thank you, Eric! 56:58 – Ford Baker, creator...

Feb 24, 2022

Sponsors Synder: https://cloudaccountingpodcast.promo/synder Canopy: https://cloudaccountingpodcast.promo/canopy a2X: https://cloudaccountingpodcast.promo/A2X 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 04:55 – Another listener weighs in on the timesheet issue 08:42 – Logan L. George, CPA on LinkedIn: #ditchhourly #nomoretimesheets https://www.linkedin.com/posts/logan-l-george-cpa-09166a112_ditchhourly-nomoretimesheets-activity-6897759335934492672-xJLY 12:05 – Years after calling Bitcoin ‘rat poison,’ Warren Buffett just invested $1 billion in a crypto-friendly bank https://finance.yahoo.com/news/warren-buffett-just-invested-1-163230481.html 16:05 - Colorado’s Plans To Accept Tax Payments in Crypto Could Be Rocky for Investors - Blockworks https://blockworks.co/colorados-plans-to-accept-tax-payments-in-crypto-could-be-rocky-for-investors/ 18:14 – Celebrities and NFTs: why your favourite stars are trying to sell you cryptocurrency https://www.thenationalnews.com/arts-culture/2022/02/13/celebrities-and-nfts-why-your-favourite-stars-are-trying-to-sell-you-cryptocurrency/ 20:40 – Accountant Shortage, Resignations Fuel Financial Reporting Risks https://news.bloombergtax.com/financial-accounting/accountant-shortage-resignations-fuel-financial-reporting-risks 21:30 – 'Limited pipeline' biggest challenge in advancing DE&I, survey finds | Accounting Today https://www.accountingtoday.com/news/limited-pipeline-biggest-challenge-in-advancing-de-i-survey-finds 25:15 – Public accountants are deducting themselves from their jobs https://www.theverge.com/2022/1/31/22903016/public-accountants-big-quit-memes-reddit 25:40 – r/Accounting - News story featuring r/Accounting https://www.reddit.com/r/Accounting/comments/sh35dk/news_story_featuring_raccounting/ 26:38 – Forwarded from Will Hill (linkedin.com/in/wghill) Accountant Shortage, Resignations Fuel Financial Reporting Risks https://news.bloombergtax.com/financial-accounting/accountant-shortage-resignations-fuel-financial-reporting-risks 32:00 – The decreasing value of accounting 33:40 – Digging into the Trump Dump - Trump's Long-Time Accounting Firm Cuts Ties Over Financial Statements https://www.nytimes.com/2022/02/14/nyregion/mazars-trump-organization-financial-statements.html 36:20 – Letter from Mazars on Donald Trump’s 2011-2020 financial statements - The Washington Post https://www.washingtonpost.com/context/letter-from-mazars-on-donald-trump-s-2011-2020-financial-statements/05c11ff2-b2e2-4d95-bcf4-cdffee6454bf/ 41:50 – Trump’s accountants, Mazars, just quit. What took so long? | Accounting Today https://www.accountingtoday.com/articles/trumps-accountants-just-quit-what-took-so-long 44:21 – Why Mazars accounting firm ditched Trump - The Washington Post https://www.washingtonpost.com/politics/2022/02/15/why-trumps-accounting-firm-ditched-him/ 49:30 – Does Any Blame Lie With Mazars USA In Trump Organization Financial Statement Mess? https://www.goingconcern.com/does-any-blame-lie-with-mazars-usa-in-trump-organization-financial-statement-mess/ 50:46 – Why It’s No Surprise Trump’s Accounting Firm Is Saying His Financial Statements Are Unreliable https://www.forbes.com/sites/chasewithorn/2022/02/16/why-its-no-surprise-trumps-accounting-firm-is-saying-his-financial-statements-are-unreliable/ 56:43 – Why Blake thinks compilations are garbage 59:50 – Trump Makes New Claims About His Wealth After Accountants Drop Him https://www.nytimes.com/2022/02/16/business/trump-wealth-mazars.html SEC accounting and auditing enforcement plunged in 2021, but PCAOB enforcement increased https://www.accountingtoday.com/news/sec-accounting-and-auditing-enforcement-plunged-in-2021-but-pcaob-enforcement-increased 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. DI...

Feb 16, 2022

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay Synder: https://cloudaccountingpodcast.promo/synder FreshBooks: https://cloudaccountingpodcast.promo/freshbooks 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 ... We've also got updates on the IRS "facelift" that fell flat, some big raises, some app news, and much more! 02:44 – IRS backs away from facial recognition https://www.journalofaccountancy.com/news/2022/feb/irs-backs-away-from-facial-recognition.html 04:26 – IRS To Ditch Biometric Requirement for Online Access https://krebsonsecurity.com/2022/02/irs-to-ditch-biometric-requirement-for-online-access/ 06:33 – A Guide to Completing Your Organizer This Tax Season https://news.bloombergtax.com/tax-insights-and-commentary/a-guide-to-completing-your-organizer-this-tax-season 11:00 – Listener Mail – A Tale of Two Timesheet Stories 14:20 – The first Rule of Timesheet Club ... 17:42 – Listener Mail – Big 4 Timesheet Racket 20:11 – Listener Mail - Letters from Outside Alcatraz 23:49 – Deloitte audit chief sees profession evolving amid pandemic | Accounting Today https://www.accountingtoday.com/news/deloitte-audit-chief-sees-profession-evolving-amid-pandemic 27:35 – The Real Reason America Doesn’t Have Enough Truck Drivers https://www.nytimes.com/2022/02/09/business/truck-driver-shortage.html 34:09 – Payroll Employee Quits on the Spot After Finding Potential Wage Theft, Exposes Company with Viral TikToks, Sparks Controversy https://amp.cheezburger.com/473351/payroll-employee-quits-on-the-spot-after-finding-potential-wage-theft-exposes-company-with-viral 38:34 – The Timesheet Lies Coffee Table Book Needs You! 39:59 – The Crypto Bowl is the beginning of a blockchain advertising bonanza https://www.protocol.com/fintech/super-bowl-crypto-bowl 41:59 – Crypto paychecks have more appeal outside the U.S. | Accounting Today https://www.accountingtoday.com/articles/crypto-paychecks-have-more-appeal-outside-the-u-s 44:53 – Accounting Standards Are Key to Getting Digital Assets on Corporate Balance Sheets https://www.coindesk.com/layer2/2022/02/07/accounting-standards-are-key-to-getting-digital-assets-on-corporate-balance-sheets/ 46:54 – Uber CEO: Crypto Payments Are Coming…Someday https://www.pymnts.com/cryptocurrency/2022/uber-ceo-crypto-payments-are-coming-someday/ 47:37 – ­­KPMG Canada Latest Firm to Add Bitcoin, Ether to Balance Sheet – Blockworks https://blockworks.co/kpmg-canada-adds-bitcoin-ether-to-balance-sheet/ Accounting Giant KPMG Invests in Bitcoin and Ethereum https://www.investopedia.com/kpmg-invests-in-bitcoin-and-ethereum-5218436 48:40 – More Listener Mail – Modern Treasury 50:21 – $66 million to give accounting firms the practice management solution they deserve | Karbon resources https://karbonhq.com/resources/66million-to-give-accounting-firms-the-practice-management-solution-they-deserve/ Next Xero? Aussie accounting tech firm worth $402m after $93m raise https://www.afr.com/technology/next-xero-aussie-accounting-tech-firm-worth-402m-after-93m-raise-20220204-p59tv0 50:59 – GoCardless Valued at $2.1B After Series G https://www.pymnts.com/news/investment-tracker/2022/gocardless-valued-at-2-1b-after-series-g/ 51:15 – Neat Inks Deal With Document Scanner Maker Raven https://www.accountingweb.com/technology/accounting-software-news/neat-inks-deal-with-document-scanner-maker-raven 51:42 – Taxfyle raises $20M Series B round, plans to grow its team by 100+ https://www-refreshmiami-com.cdn.ampproject.org/c/s/www.refreshmiami.com/taxfyle-raises-20m-series-b-round-plans-to-grow-its-team-by-100/ 53:08 – One More Listener Mail – Gaming the Accounting System 54:15 - Accounting Games - They're a Thing? https://www.youtube.com/watch?v=dBXV1feuKSs 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 Insta...

Feb 10, 2022

Sponsors FreshBooks: https://cloudaccountingpodcast.promo/freshbooks Canopy: https://cloudaccountingpodcast.promo/canopy Relay: https://cloudaccountingpodcast.promo/relay 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 ... We'll also get into some app news, conference updates, and talk more tax, as we wander through the land of IRS troubles. 02:10 – Listener Mail: On the Sovietness of Timesheeting 06:34 – Listener Message: Squarely Tax – Cash App gets in the tax game Taxes Help https://taxeshelp.cash.app/s/article/What-forms-and-situations-does-Cash-App-Taxes-support 07:16 – TurboTax and Coinbase Team Up to Help You Invest Your Refund in Cryptocurrency https://blog.turbotax.intuit.com/turbotax-news/turbotax-and-coinbase-team-up-to-help-you-invest-your-refund-in-cryptocurrency-50791/ TurboTax: Deposit your tax refund into your Coinbase account https://rb.gy/azugh5 09:24 – New bill would change tax rules for cryptocurrency purchases https://www.accountingtoday.com/news/lawmakers-introduce-virtual-currency-tax-fairness-act 10:01 – Intuit CEO warns of tax bill shock for Bitcoin, NFT traders https://www.accountingtoday.com/articles/intuit-ceo-warns-of-tax-bill-shock-for-bitcoin-nft-traders 13:38 – Why Is Matt Damon Shilling for Crypto? https://www.nytimes.com/2022/02/02/magazine/matt-damon-crypto.html?referringSource=articleShare 15:59 – Listener Voicemail: Anti-Crypto Boo! 18:58 – Blake responds ... 23:38 – ACH Network up to 29.1B Payments Valued at $72.6T in 2021 https://www-pymnts-com.cdn.ampproject.org/c/s/www.pymnts.com/news/faster-payments/2022/ach-network-up-to-29-1b-payments-valued-at-72-6t-in-2021/amp/ 24:06 - Crypto, NFTs are rife with ‘mountains’ of fraud, IRS says https://www.accountingtoday.com/articles/crypto-nfts-are-rife-with-mountains-of-fraud-irs-says 26:24 – Deluxe Reports 6% YoY Growth in Checks Segment https://www.pymnts.com/news/b2b-payments/2022/deluxe-reports-6-percent-yearly-growth-checks-segment/ 26:59 – Deluxe Corporation (DLX) CEO Barry McCarthy On Q4 2021 Results - Earnings Call Transcript https://seekingalpha.com/article/4483948-deluxe-corporation-dlx-ceo-barry-mccarthy-on-q4-2021-results-earnings-call-transcript 27:24 – More Listener Mail: Splitting Bad Haircuts 29:41 – When you log in to your IRS account this tax season you'll likely have to use ID.me to verify your identity. The service scoops up a huge pool of personal data that police and other authorities could tap into. https://www.businessinsider.com/irs-partner-idme-logs-inferred-citizenship-all-users-data-privacy-2022-2?utm_source=pocket_mylist 31:00 – GOP lawmakers move to stop IRS facial recognition technology https://www.accountingtoday.com/news/gop-lawmakers-move-to-stop-irs-facial-recognition-technology 32:25 – IRS to add 1,200 employees as agency confronts delays, backlog https://www.accountingtoday.com/articles/irs-to-add-1-200-employees-as-agency-confronts-delays-backlog 33:10 – What’s the IRS Hiding? https://cpatrendlines.com/2022/02/01/whats-the-irs-hiding/ 35:22 – Even More Listener Mail: The Prometric Remote-Testing Faux Pas 36:41 – You guessed it – Listener Message: Another Disgruntled CPA looking for Work-Study Credit 37:45 – Weeks after a ransomware attack, some workers still worry about paychecks https://www.nbcnews.com/tech/security/weeks-ransomware-attack-workers-still-worry-paychecks-rcna14186 38:53 – Intuit warns of phishing emails threatening to delete accounts https://www.bleepingcomputer.com/news/security/intuit-warns-of-phishing-emails-threatening-to-delete-accounts/ 41:15 – Important update - Xerocon date change - Xero Blog https://www.xero.com/blog/2022/02/xerocon-new-orleans-date-change/ 43:15 – Keri Gohman new CEO @ Abacus Next https://twitter.com/kerigohman/status/1488242061811744768?s=12 45:48 – Pennylane wants to overhaul the accounting tech stack in France https://techcrunch.com/2022/01/30/pennylane-wants-to-overhaul-the-accounting-tech-stack-in-france/ 48:39 – Lendio’s Sunrise Financial Platform Delivers Small Businesses Premier Tools Built To Save Time and Money

Feb 3, 2022

Sponsors Relay: https://cloudaccountingpodcast.promo/relay Synder: https://cloudaccountingpodcast.promo/synder a2X: https://cloudaccountingpodcast.promo/A2X 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 ... We're also covering assorted listener mail around our Tether talk from Episode 263, why it may be wise to avoid that Prometric remote testing, and how bosses can also be less than honest when it comes to timesheets. We've got app news, fintech news, and so much more. Enjoy! 03:35 - You know that portal you are sending clients to... https://twitter.com/davidleary/status/1486426809054887939?s=12 07:39 – The logic of Typeform 12:56 – Saying goodbye to TurboTax 16:44 - USDC audited https://twitter.com/jacobbschroeder/status/1487470168246784009?s=12 18:13 - Tether's New Accounting Firm Is the Old One, With Baggage https://www.coindesk.com/markets/2022/01/26/tethers-new-accounting-firm-is-the-old-one-with-baggage/ 19:16 – The Case of the Missing Billable Hours 21:30 - Avoid Prometric Remote Tests! 23:13 - NFL star's massive tax bill highlights problems with BTC salaries https://cointelegraph.com/news/nfl-star-s-massive-tax-bill-highlights-problems-with-btc-salaries/amp 26:15 - IRS kicks off challenging tax season https://www.accountingtoday.com/news/irs-kicks-off-challenging-tax-season 27:22 - IRS Child Tax Credit letters may have wrong information https://www.accountingtoday.com/news/irs-child-tax-credit-letters-may-have-wrong-information 29:05 - AICPA notes IRS announcement on notices, asks Service to do more - Journal of Accountancy https://www.journalofaccountancy.com/news/2022/jan/aicpa-notes-irs-announcement-on-notices-asks-more.html 31:47 - Announcing Plaid Portal: An ongoing commitment to data privacy https://plaid.com/blog/data-privacy-week-2022/ Plaid Debuts Data Privacy Tool Plaid Portal https://www.pymnts.com/digital-payments/2022/plaid-debuts-data-privacy-tool-plaid-portal/ 35:52 - The IRS is reportedly looking for ID.me alternatives amid privacy concerns https://www.theverge.com/2022/1/29/22907853/irs-idme-facial-recognition-alternatives-privacy-concerns 38:43 - PPP and IRS Disappointment https://www.nber.org/papers/w29669 40:20 - Here’s where billions in PPP cash meant for workers actually ended up going https://www.dallasnews.com/business/banking/2022/01/21/heres-where-billions-in-ppp-cash-meant-for-workers-actually-ended-up-going/ 46:35 - Apple (AAPL) to Let iPhones Accept Credit Cards in Threat to Square – Bloomberg https://www.bloomberg.com/news/articles/2022-01-27/apple-to-let-iphones-accept-credit-cards-without-extra-hardware Apple Makes New Moves to Turn iPhones into Payment Terminals https://www.pymnts.com/apple/2022/apple-iphones-will-soon-serve-as-payment-terminals-in-jolt-to-square/ 48:59 - Expensify Releases First-Ever Corporate Card for CPAs and Accounting Firms https://www.businesswire.com/news/home/20220124005167/en/Expensify-Releases-First-Ever-Corporate-Card-for-CPAs-and-Accounting-Firms 55:29 - Walmart’s FinTech Hazel Acquires Even and One to Build Finance Super App https://www.pymnts.com/acquisitions/2022/walmarts-fintech-hazel-acquires-even-and-one-to-build-finance-super-app Walmart-Backed Fintech Startup Is Acquiring Two Firms and a New Name https://www.wsj.com/articles/walmart-backed-fintech-startup-is-acquiring-two-firms-and-a-new-name-11643199601 55:54 - QuickBooks Launches 2 New SMB Tools https://www.pymnts.com/smbs/2022/quickbooks-launches-2-new-smb-tools/ 57:09 - Play Wordle in Google Sheets | Zapier https://zapier.com/blog/wordle-in-google-sheets/ 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 Accountin...

Jan 28, 2022

Sponsors a2X: https://cloudaccountingpodcast.promo/A2X Relay: https://cloudaccountingpodcast.promo/relay Synder: https://cloudaccountingpodcast.promo/synder 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 01:37 – FBI says crooks are using fake QR codes to steal money https://www.cnn.com/2022/01/19/politics/fbi-qr-codes-cybercrime/index.html 06:31 – Managers are now quitting during busy season: what is going on? https://www.reddit.com/r/Accounting/comments/s8nq0r/managers_are_now_quitting_during_busy_season_what/ 06:55 – You Quit. I Quit. We All Quit. And It’s Not a Coincidence. https://www.nytimes.com/2022/01/21/business/quitting-contagious.html Great Resignation repositions accountants https://www.accountingtoday.com/news/great-resignation-repositions-accountants 08:23 – Blake gets an Oculus! 13:02 – Cryptocurrency Is a Giant Ponzi Scheme https://jacobinmag.com/2022/01/cryptocurrency-scam-blockchain-bitcoin-economy-decentralization 18:45 – Crypto Mystery: Where’s the $69 Billion Backing the Stablecoin Tether? – Bloomberg https://www.bloomberg.com/news/features/2021-10-07/crypto-mystery-where-s-the-69-billion-backing-the-stablecoin-tether 28:10 – MicroStrategy Plummets as SEC Rejects Its Bitcoin Accounting (3) https://news.bloombergtax.com/financial-accounting/sec-rejects-microstrategys-bitcoin-accounting-strategy 34:00 – Fed opens debate over a U.S. central bank digital currency with long-awaited report. https://www.nytimes.com/2022/01/20/business/fed-digital-currency.html?referringSource=articleShare Crypto firms gear up for battles over new rules in Washington | Accounting Today https://www.accountingtoday.com/articles/crypto-firms-gear-up-for-battles-over-new-rules-in-washington 35:06 – Eric Adams, a Bitcoin Booster, Is Taking First Paycheck in Crypto https://www.nytimes.com/2022/01/20/nyregion/eric-adams-bitcoin-cryptocurrency.html 35:51 – IRS begins requiring new ID system for accessing online accounts | Accounting Today https://www.accountingtoday.com/news/irs-begins-requiring-new-id-system-for-accessing-online-accounts IRS will require taxpayers to sign up with ID.me to access their online accounts https://www.cbsnews.com/news/irs-tax-file-2022-id-me/ 40:37 – H&R Block launches the challenger bank it teased last year | Accounting Today https://www.americanbanker.com/news/h-r-block-launches-the-challenger-bank-it-teased-last-year 41:30 – Digital Bank Chime Looks to Go Public With $40B IPO https://www.pymnts.com/news/ipo/2022/digital-bank-chime-looks-to-go-public-with-40b-ipo/ 41:51 – NetSuite Cash 360 Helps Organizations Effectively Manage Cash Flow | NetSuite https://www.netsuite.com/portal/company/newsroom/netsuite-cash-360-helps-organizations-effectively-manage-cash-flow.shtml 43:05 – HoneyBook, jaris Team on Managing Client, Cash Flow https://www.pymnts.com/partnerships/2022/honeybook-jaris-team-on-managing-client-cash-flow/ 43:42 – AI-powered tax platform April launches after $10M seed round | Accounting Today https://www.accountingtoday.com/news/ai-powered-tax-platform-april-launches-after-10m-seed-round Israeli startup April raises $10 million in Seed funding for U.S tax platform https://m.calcalistech.com/Article.aspx?guid=3927452 48:02 – When it comes to billing clients, what is your current process? https://twitter.com/ignitionapp/status/1483481623916351492?s=12 53:10 – Tally Street is now part of Rootworks https://tallystreet.com/2022/tally-street-rootworks/ 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 - accountingconfere...

Jan 23, 2022

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay FreshBooks: https://cloudaccountingpodcast.promo/freshbooks 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 02:23 – IRS opens Free File program for 2022 https://www.accountingtoday.com/news/irs-opens-free-file-program-for-2022 04:06 – Online tax filing. You’ve got this. https://earmark.link/a1j 06:26 – Let’s find the right tax solution for you https://turbotax.intuit.com/personal-taxes/online/live/ 08:51 – Jackson Hewitt offers $25 flat fee for DIY tax prep | Accounting Today https://www.accountingtoday.com/news/jackson-hewitt-offers-25-flat-fee-for-diy-tax-prep 10:00 – IRS targets your side hustle in crackdown on transactions over $600 | Accounting Today https://www.accountingtoday.com/articles/irs-targets-your-side-hustle-in-crackdown-on-transactions-over-600 12:06 – IRS to Start Accepting Tax Returns on Jan. 24, 2022 | CPA Practice Advisor https://www.cpapracticeadvisor.com/tax-compliance/news/21252603/irs-to-start-accepting-tax-returns-on-jan-24-2022 12:18 – IRS adds new members to Advisory Council https://www.accountingtoday.com/news/irs-adds-new-members-to-advisory-council 12:51 – AICPA CEO Melancon concerned about IRS bottleneck ahead of tax season | Accounting Today https://www.accountingtoday.com/news/aicpa-ceo-melancon-concerned-about-irs-bottleneck-ahead-of-tax-season 15:41 – IRS is in crisis, Taxpayer Advocate warns https://www.cbsnews.com/news/irs-crisis-taxpayer-advocate-warns/ 23:17 – Listener email - Illinois CPA 150 to 120 hours and a request for advice 27:33 – CAP Listener Dan Luthi’s thoughts on the educational gap 33:24 – After $1B Fundraise, Checkout CEO Says Company Is 100% Enterprise Focused https://www.pymnts.com/news/investment-tracker/2022/after-1b-fundraise-checkout-ceo-company-100-pct-enterprise-focused/ 34:33 – Coinbase Buys Crypto Futures Platform FairX - CFO https://www.cfo.com/ma/2022/01/coinbase-buys-crypto-futures-platform-fairx/ 36:24 – GoFundMe Acquiring Nonprofit Software Firm Classy https://www.pymnts.com/acquisitions/2022/gofundme-acquiring-nonprofit-software-firm-classy/ 37:31 – Tax leaders looking for better tech skills | Accounting Today https://www.accountingtoday.com/news/tax-leaders-looking-for-better-tech-skills 38:13 – Edmonton-based Jobber raises $76 million CAD growth equity round https://betakit.com/edmonton-based-jobber-raises-76-million-cad-growth-equity-round/ 39:26 – Wagepoint acquires Timesheet Mobile to expand line of powerful, friendly small business tech https://www.newswire.ca/news-releases/wagepoint-acquires-timesheet-mobile-to-expand-line-of-powerful-friendly-small-business-tech-869887442.html 40:23 – IMA offers remote testing for CMA and CSCA exams | Accounting Today https://www.accountingtoday.com/news/ima-offers-remote-testing-for-cma-and-csca-exams 43:49 – Deloitte Launches Unlimited Reality: An Experience and Impact Offering for Virtual Worlds https://www.prnewswire.com/news-releases/deloitte-launches-unlimited-reality-an-experience-and-impact-offering-for-virtual-worlds-301460142.html 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/podch...

Jan 14, 2022

Sponsors Earmark CPE: https://earmarkcpe.com/ Cloud Accounting Podcast: https://cloudaccountingpodcast.promo/yourapp Oh My Fraud: A True Crime Podcast for Accountants: ohmyfraud.com 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 01:47 – Another reconciliation issue for David 03:56 – Shortbread | Encyclopedia.com https://www.encyclopedia.com/places/asia/indian-political-geography/shortbread 06:03 – Accounting firms face the Great Resignation | Accounting Today https://www.accountingtoday.com/news/accounting-firms-face-the-great-resignation 06:37 ­– Tips for recruiting and retention in a 'Great Resignation' world | Accounting Today https://www.accountingtoday.com/list/tips-for-recruiting-and-retention-in-a-great-resignation-world 10:18 – You guys weren’t joking about busy season. : Accounting https://www.reddit.com/r/Accounting/comments/rxudnu/you_guys_werent_joking_about_busy_season/ 16:48 – 50 Accounting Puns for CPAs, Accountants, and Anyone Who Needs a Laugh During Tax Season https://parade.com/1316855/jessicasager/accounting-puns/ 19:29 – Elizabeth Holmes and her Big 4 audit firm buddies at Theranos https://thedig.substack.com/p/elizabeth-holmes-and-her-big-4-audit Timing of auditor firings raises questions | Accounting Today https://www.accountingtoday.com/news/timing-of-auditor-firings-raises-questions 27:15 – California’s $1 billion accounting program delayed again, could affect state’s credit https://www.sacbee.com/news/politics-government/the-state-worker/article257054247.html 30:01 – Bank accidentally deposits $176 million into people's accounts on Christmas Day https://www.cnbc.com/2021/12/31/santander-accidentally-put-millions-into-random-accounts-on-christmas-day.html 31:03 – Kronos outage latest: Attackers crippled backup access https://thestack.technology/kronos-outage-latest-ransomware-backups/ Kronos outage latest: back-ups hit; Log4j not involved. https://thestack.technology/kronos-outage-latest-ransomware-backups/ 34:32 – Confessions of an ex-partner | Accounting Today https://www.accountingtoday.com/opinion/confessions-of-an-ex-partner 38:34 – QuickBooks to air first Super Bowl spot for its own brand https://adage.com/article/special-report-super-bowl/super-bowl-commercials-quickbooks-air-spot-own-brand/2391066 40:04 – PayPal Explores Launch of Own Stablecoin in Crypto Push https://www.bloomberg.com/news/articles/2022-01-07/paypal-is-exploring-launch-of-own-stablecoin-in-crypto-push 43:23 – LinkedIn is taking on Zoom and Microsoft Teams with a new audio and video events platform https://www.techradar.com/news/linkedin-is-taking-on-zoom-and-microsoft-teams-with-a-new-audio-and-video-events-platform 45:08 – Ready for Tech Transformation? https://cpatrendlines.com/2022/01/06/are-cpas-ready-for-accounting-to-transform/ 48:08 – Ted on Tech: Time for a home office update? | Accounting Today https://www.accountingtoday.com/news/ted-on-tech-time-for-a-home-office-update 54:26 – The 2021 Controller Awards: Call for Applicants https://controllerscouncil.org/the-2021-controller-awards-call-for-applicants/ 55:56 – Controller and Corporate Accounting/Finance Statistics https://controllerscouncil.org/controller-and-corporate-accounting-finance-statistics/ 57:59 – Accounting Firms Scoop Up Virtual Land in the Metaverse https://www.wsj.com/articles/accounting-firms-scoop-up-virtual-land-in-the-metaverse-11641599590 61:25 – Tax pros should prepare for ‘grueling’ year: NATP | Accounting Today https://www.accountingtoday.com/news/tax-pros-should-prepare-for-grueling-year-natp 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 u...

Jan 7, 2022

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay Tallyfor: https://cloudaccountingpodcast.promo/tallyfor Cloud Accounting Podcast: https://cloudaccountingpodcast.promo/yourapp 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 02:05 - QuickBooks Saves David’s Day 05:12 - 9 Valley people indicted in PPP fraud scheme totaling more than $23 million https://www.abc15.com/news/state/9-valley-people-indicted-in-ppp-fraud-scheme-totaling-more-than-23-million 06:09 - How a Relief Fund for Restaurants Picked Winners and Losers https://www.nytimes.com/2021/12/24/business/restaurant-revitalization-fund-problems.html 07: 51 - All West Virginia state employees will get paid Friday, even after Kronos ransomware attack https://www.wowktv.com/news/west-virginia/all-west-virginia-state-employees-will-get-paid-friday-even-after-kronos-ransomware-attack/ 12:35 - Nancy Bagranoff, CPA, DBA https://www.journalofaccountancy.com/issues/2022/jan/nancy-bagranoff-cpa-dba.html 14:55 - Why I quit an accountancy career to be a prison officer https://www.bbc.com/news/uk-59691026 17:14 - Audit profession unattractive to new recruits, says PwC boss | Financial Times https://www.ft.com/content/a8c60322-3e56-4889-b346-e34d3c5f1e97 20:16 - Big Four Accounting Firm Enters the Metaverse With Purchase of Virtual Land in The Sandbox (SAND) https://dailyhodl.com/2021/12/24/big-four-accounting-firm-enters-the-metaverse-with-purchase-of-virtual-land-in-the-sandbox-sand/ 22:09 - A DoorDash employee making $400K a year complained about a company-wide initiative requiring that he personally make one delivery a month https://www.businessinsider.com/doordash-employee-making-400k-complains-about-one-delivery-a-month-2021-12 25:34 - Elon Musk says his wealth not a 'deep mystery,' my taxes are super simple https://www.cnbc.com/2021/12/22/elon-musk-says-his-wealth-isnt-a-deep-mystery-his-taxes-are-simple.html 29:19 - Can the IRS be trusted with your data? | Accounting Today https://www.accountingtoday.com/articles/can-the-irs-be-trusted-with-your-data 33:56 - What's new in QuickBooks Online: December 2021 – QuickBooks https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-december-2021/ 38:02 - What’s new in Intuit® ProConnect™ Tax 2022 https://proconnect.intuit.com/taxprocenter/proconnect/whats-new-in-intuit-proconnect-tax-2022/ 40:26 - IRIS Software Group Acquires AccountantsWorld to Help North American CPAs and Accountants Expand Their Client Accounting Services and Improve Practice Management Efficiencies With Cloud-Based Payroll https://www.businesswire.com/news/home/20211230005026/en/IRIS-Software-Group-Acquires-AccountantsWorld-to-Help-North-American-CPAs-and-Accountants-Expand-Their-Client-Accounting-Services-and-Improve-Practice-Management-Efficiencies-With-Cloud-Based-Payroll 41:34 - LiveFlow raises $3.5M in seed funding for fintech | Accounting Today https://www.accountingtoday.com/news/liveflow-raises-3-5m-in-seed-funding-for-fintech 43:58 - Expensify reports 72% revenue jump in Q3 | Accounting Today https://www.accountingtoday.com/news/expensify-reports-72-revenue-jump-in-q3 48:26 - VCs say Web3, party rounds, and New York's resurgence are among the tech trends to watch in 2022 https://www.businessinsider.com/tech-trends-venture-capital-startups-predictions-2022 All the Trends, and Predictions Reading: 5 ways the Metaverse will change accounting | Accounting Today https://www.accountingtoday.com/list/5-ways-the-metaverse-will-change-accounting Data Technology Trends That Will Reshape the Future of Accounting https://www.smartdatacollective.com/data-technology-trends-that-will-reshape-future-of-accounting/ In Firm: 2022 IT Predictions and 2021 Results https://www.cpapracticeadvisor.com/accounting-audit/article/21250348/in-firm-2022-it-predictions-and-2021-results Importance of Payroll Service and Top HR Trends to Know About in 2022 https://factstea.com/payroll-service-hr-trends-know-2022/ 5 Small Business Trends to Expect in 2022 https://www.paycheckcity.com/insights/5-small-business...

Dec 30, 2021

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay Tallyfor: https://cloudaccountingpodcast.promo/tallyfor FactorAE: https://cloudaccountingpodcast.promo/factorae 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 01:38 - Elon Musk says he will pay over $11 billion in taxes this year https://www.cnbc.com/2021/12/20/elon-musk-says-he-will-pay-over-11-billion-in-taxes-this-year.html 03:49 - Earmark (the Apple version) Lives! 05:18 - Just how does Earmark CPE work? 10:22 - CPA Exam Stats 14:52 - 150 hours required for non-CPA partner in CPA firm 17:54 - In re QuickBooks Desktop 25:07 - Relationships with clients - Greg Bayramian 29:22 - Blake’s take on handling client communications 35:25 - Trump Fraud Inquiry’s Focus: Did He Mislead His Own Accountants? - The New York Times https://www.nytimes.com/2021/12/14/nyregion/trump-fraud-inquiry.html?searchResultPosition=1 36:00 - Our initial discussion of the Trump fraud inquiry in Episode 235 https://www.cloudaccountingpodcast.com/235 40:37 - Thieves Nab $100M in Pandemic Relief Funds - CFO https://www.cfo.com/fraud/2021/12/thieves-nab-100m-in-pandemic-relief-funds/ Criminals have stolen nearly $100 billion in Covid relief funds, Secret Service says https://www.cnbc.com/2021/12/21/criminals-have-stolen-nearly-100-billion-in-covid-relief-funds-secret-service.html White House downplays Secret Service estimate of COVID fraud https://apnews.com/article/coronavirus-pandemic-business-health-jen-psaki-small-business-b41e0ac90640a943e5c664e3a1781ee5 45:24 - Comparing pandemic shrink to retail shrink 46:16 - IRS seized $3.5 billion in cryptocurrency this past year, agency says https://www.nbcnews.com/tech/security/irs-seized-35-billion-cryptocurrency-year-agency-says-rcna6157 48:12 - Sage to acquire cloud-based retail management system | Accounting Today https://www.accountingtoday.com/news/sage-to-acquire-cloud-based-retail-management-system Sage to acquire Brightpearl https://www.globenewswire.com/news-release/2021/12/21/2356173/0/en/Sage-to-acquire-Brightpearl.html Sage snaps up retail management company Brightpearl for £225 million https://www.techradar.com/news/sage-snaps-up-retail-management-company-brightpearl-for-pound225-million 49:55 - Xero to acquire Canadian tax software provider, TaxCycle | Xero Blog https://www.xero.com/blog/2021/12/xero-to-acquire-taxcycle/ Xero (ASX:XRO) snaps up TaxCycle on $75.7m spree https://www.finnewsnetwork.com.au/archives/finance_news_network350595.html Xero to acquire Canadian tax software provider, TaxCycle https://www.xero.com/blog/2021/12/xero-to-acquire-taxcycle/ 52:48 - Tax Change Hits Payment Apps - CPA Trendlines https://cpatrendlines.com/2021/12/21/tax-change-hits-payment-apps/ 55:42 - Ekos raises $21 million Series B to digitally connect the craft supply chain https://www.goekos.com/blog/ekos-raises-21-million-series-b-to-digitally-connect-the-craft-supply-chain/ 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: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Oh My Fraud: A True Crime Podcast for Accountants:

Dec 24, 2021

Sponsors Rewind: https://cloudaccountingpodcast.promo/rewind Tallyfor: https://cloudaccountingpodcast.promo/tallyfor Client Hub: https://cloudaccountingpodcast.promo/clienthub 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 01:18 – David’s early Christmas present - interns! 04:03 – Blake’s early Christmas present – Earmark is almost live! 04:55 – Some Kronos Customers Face Payroll, Scheduling Disruptions From Hack – CFO https://www.cfo.com/cyber-security-technology/2021/12/firms-face-disruption-from-kronos-hack/ Cyberattack on Payroll Provider Sets Off Scramble Ahead of Holidays https://www.wsj.com/articles/cyberattack-on-payroll-provider-sets-off-scramble-ahead-of-holidays-11639778286?mod=flipboard 06:04 – Kronos Warns Cyberattack May Knock HR Software Offline for Weeks https://www.bloomberg.com/news/articles/2021-12-14/kronos-warns-cyberattack-may-knock-hr-software-offline-for-weeks 06:23 – Communications sent to impacted Kronos Private Cloud (KPC) customers beginning December, 13 at 12:45AM ET https://community.kronos.com/s/feed/0D54M00004wJKHiSAO?language=en_US More Kronos reading: Payroll Service Kronos Offline After Ransomware Attack https://www.pymnts.com/cybersecurity/2021/payroll-service-kronos-offline-after-ransomware-attack/ Kronos Security https://www.kronos.com/security?utm_source=pocket_mylist Jonathan Feldman Tweet https://twitter.com/_jfeldman/status/1470372667236618240 12:27 – Update on Hubdoc fetch https://www.xero.com/blog/2021/12/hubdoc-importing-docs-changing/ 16:08 – H&R Block is suing Block, formerly Square, over its new name https://www.theverge.com/2021/12/17/22841182/square-block-hr-block-trademark-lawsuit-jack-dorsey H&R Block sues Square to drop the name 'Block' | PaymentsSource | Accounting Today https://www.accountingtoday.com/payments/news/h-r-block-sues-square-to-drop-the-name-block 22:07 – Just 30% of SMBs Have Taken Steps to Automate AP | PYMNTS.com https://www.pymnts.com/news/b2b-payments/2021/30-percent-smbs-automate-ap-processes/ 22:53 – Even Same-Day ACH Too Slow for Consumers as Instant Payouts Rewrite the Rules https://www.pymnts.com/news/faster-payments/2021/same-day-ach-too-slow-consumers-instant-payouts-rewrite-rules/ 23:33 – Jan Roberg Tweet https://twitter.com/RobergTax/status/1470811448133795852 Intuit is going after your staff for TurboTax Live https://twitter.com/davidleary/status/1471085593794805761?s=20 27:37 – Intuit’s culture of positivity and inclusion enables tax and bookkeeping experts to help consumers and small businesses in navigating stressful financial decisions https://www.efinancialcareers.com/news/2021/12/intuits-culture-of-positivity-and-inclusion-enables-tax-and-bookkeeping-experts-to-help-consumers-and-small-businesses-in-navigating-stressful-financial-decisions-sc 30:09 – No time off policy https://twitter.com/brianwolfe6/status/1466030268230348807?s=12 33:08 – FloQast opens entertainment studio, teases upcoming accountant comedy series | Accounting Today https://www.accountingtoday.com/news/floqast-opens-entertainment-studio-teases-upcoming-accountant-comedy-series 38:27 – At tech company Expensify, workers vote on each other's pay raises https://www.cbsnews.com/news/expensify-employee-wages-vote-raises/ 44:50 – DiviPay Gets $20M in Series A Round https://www.pymnts.com/news/investment-tracker/2021/divipay-gets-20m-in-series-a-round/ 45:48 – OakNorth deepens support for SMEs with its first acquisition – and says there will be more https://www.oaknorth.co.uk/oaknorth-in-the-news/oaknorth-deepens-support-for-smes-with-its-first-acquisition-and-says-there-will-be-more/ 46:21 – Affirm spinout Resolve raises $25M in Insight Partners-led round to grow B2B buy now, pay later offering https://techcrunch.com/2021/12/09/affirm-spinout-resolve-raises-25m-in-insight-partners-led-round-to-grow-b2b-buy-now-pay-later-offering/ 46:51 – Built Technologies Debuts Built Pay Digital Payment Solution https://www.pymnts.com/news/b2b-pa...

Dec 16, 2021

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay Client Hub: https://cloudaccountingpodcast.promo/clienthub Rewind: https://cloudaccountingpodcast.promo/rewind 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 00:52 – Blake’s got a new Mac! 02:27 – David’s Bank-Feed Debacle 05:58 – The Threshold of Hell – Watching National Lampoon’s Christmas Vacation? 06:57 – Blake's Takeaways from Almost Inside Digital CPA 08:46 – It’s Time to Get Rid of the IT Department https://www.wsj.com/articles/get-rid-of-the-it-department-11637605133 15:33 – The AICPA's Melancon: ‘The profession that constantly reinvents itself’ | Accounting Today https://www.accountingtoday.com/list/the-aicpas-melancon-the-profession-that-constantly-reinvents-itself 19:35 – Accounting 4.0: Don’t become Blockbuster Video https://www.accountingtoday.com/opinion/accounting-industry-4-0-is-happening-dont-become-blockbuster-video 22:45 – Are You Under-Pricing Your Client Accounting Services? - CPA Trendlines https://cpatrendlines.com/2021/10/21/are-you-under-pricing-your-client-accounting-services/ 29:49 – Voices Art of Accounting: Timesheet dispute redux | Accounting Today https://www.accountingtoday.com/opinion/art-of-accounting-timesheet-dispute-redux 30:35 – A Timesheet Debate & Why Work Takes So Long https://podcast.earmarkcpe.com/episodes/the-great-timesheet-debate-with-ed-mendlowitz 33:05 – Blake’s Timesheet Use Case 35:35 – What Is a “Reasonable” Number of Work Hours? - CPA Trendlines https://cpatrendlines.com/2021/10/11/what-is-a-reasonable-number-of-work-hours/ 38:39 – New QuickBooks research reveals the impact of late payments on mid-sized businesses https://quickbooks.intuit.com/r/growing-complex-businesses/midsize-payments-research/ 44:08 – Majority of Mid-Sized Businesses Outgrow Technology or Overpay for Unused Features https://investors.intuit.com/news/news-details/2021/Majority-of-Mid-Sized-Businesses-Outgrow-Technology-or-Overpay-for-Unused-Features/default.aspx 46:00 – Here’s How You Zoomed Over the Past Year - Zoom Blog https://blog.zoom.us/how-you-zoomed-over-the-past-year-2021/ 51:07 – H&R Block names Xero a preferred solution provider https://www.accountingtoday.com/news/h-r-block-names-xero-a-preferred-solution-provider 51:22 – Twitter comment from Zachary Owen, re: H&R Block https://twitter.com/ZachJOwen/status/1469429680348479491 52:37 – Canopy raises $35M in latest funding round | Accounting Today https://www.accountingtoday.com/news/canopy-raises-35m-in-latest-funding-round Canopy’s Accounting Practice Revolution Receives $35M Injection https://aithority.com/it-and-devops/cloud/canopys-accounting-practice-revolution-receives-35m-injection/ 53:51 – Intuit QuickBooks Canada and Dataswitcher join forces to automate conversion to a cloud-based accounting solution http://www.canadian-accountant.com/content/partner-posts/intuit-quickbooks-canada-and-dataswitcher-join-forces 54:22 – Oracle Gains After Sales Top Estimates on Cloud Performance https://news.yahoo.com/oracle-gains-sales-top-estimates-215221263.html 54:48 – FreshBooks, Sensibill Bolster Small Business Expense Management https://www.pymnts.com/smbs/2021/freshbooks-sensibill-bolster-small-business-expense-management/ 54:58 – Kabbage® from American Express Launches Kabbage Funding™ to Help Simplify Funding for U.S. Small Businesses https://www.businesswire.com/news/home/20211208005617/en/Kabbage%C2%AE-from-American-Express-Launches-Kabbage-Funding%E2%84%A2-to-Help-Simplify-Funding-for-U.S.-Small-Busine transactions 55:16 – Accounts payable automation startup Tipalti raises $270M, quadruples valuation to $8.3B https://techcrunch.com/2021/12/08/accounts-payable-automation-startup-tipalti-raises-270m-quadruples-valuation-to-8-3b/ 55:35 – CPA funding portal expands with loan-financing option for small biz clients | Accounting Today https://www.accountingtoday.com/news/cpa-funding-portal-expands-with-loan-financing-option-for-small-biz-clients 57:29 – Facebook Message from Cathy Volk – Thank you! https://business.facebook.com/CloudAccountingPodcast/inbox/ Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tw...

Dec 10, 2021

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay Rewind: https://cloudaccountingpodcast.promo/rewind Reach Reporting: https://cloudaccountingpodcast.promo/reach 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 01:50 – NASBA stops giving universities info on CPA Exam performance | Accounting Today https://www.accountingtoday.com/news/nasba-stops-giving-universities-info-on-cpa-exam-performance 02:57 – How to Prepare Students Now for the CPA Evolution https://www.accountingweb.com/technology/how-to-prepare-students-now-for-the-cpa-evolution 05:57 – I finished my accounting degree, but the entry level pay is too low. https://www.reddit.com/r/Accounting/comments/r9fekz/i_finished_my_accounting_degree_but_the_entry/?utm_source=share&utm_medium=ios_app&utm_name=iossmf 07:58 – Grant Thornton adds benefits to entice and retain employees https://www.accountingtoday.com/news/grant-thornton-adds-benefits-to-entice-and-retain-employees 12:50 – A 4,000-year-old tale of trade and contraband I Curator's Corner – YouTube https://www.youtube.com/watch?v=bQIBf7eeXG8 15:38 – TikToks on how to use Excel spreadsheets are getting billions of views and building one of the best communities on the platform https://www.yahoo.com/news/tiktoks-excel-spreadsheets-getting-billions-170843117.html 19:29 – Disgruntled HR executive trashed personnel files and deleted 17,000 resumes after being fired — now faces up to 15 years in prison – MarketWatch https://www.marketwatch.com/story/ex-hr-exec-convicted-of-trashing-companys-personnel-records-and-deleting-17-000-resumes-after-being-fired-11629230357 21:45 – New Data Finally Shows Why People Are Quitting Their Jobs. It's Definitely Not Because They're Lazy https://www.inc.com/bill-murphy-jr/new-data-finally-shows-why-people-are-quitting-their-jobs-its-definitely-not-because-theyre-lazy.html 25:03 – Thomson Reuters makes plans for new products | Accounting Today https://www.accountingtoday.com/news/thomson-reuters-makes-plans-for-new-products 29:14 –Square Inc. is Now Block; Brand to Remain https://www.pymnts.com/news/merchant-innovation/2021/square-inc-is-now-block-brand-to-remain/ 29:24 – SCOTT GALLOWAY: Jack Dorsey has finally stepped down — and a new era of 'superapps' is dawning https://www.businessinsider.com/scott-galloway-jack-dorsey-resignation-new-era-superapps-dawning-2021-12 31:26 – Intuit updates tax prep tools | Accounting Today https://www.accountingtoday.com/news/intuit-updates-tax-prep-tools 32:46 – Let a Tax Expert Do Your Taxes for You With TurboTax Live Full Service! https://blog.turbotax.intuit.com/turbotax-news/let-a-tax-expert-do-your-taxes-for-you-with-turbotax-live-full-service-50467/ 35:25 – NoCode Development https://www.liveca.ca/nocode-development 37:50 – H&R Block Selects Xero as Cloud Accounting Solution Provider for Assisted Bookkeeping https://www.crowdfundinsider.com/2021/12/183701-hr-block-selects-xero-as-cloud-accounting-solution-provider-for-assisted-bookkeeping/ 39:00 – Latest product news – December 2021 | Xero Blog https://www.xero.com/blog/2021/12/product-news-dec-2021/ 43:08 – Microsoft Teams Essentials is a new standalone version for small businesses https://www.theverge.com/2021/12/1/22811605/microsoft-teams-essentials-price-features-availability 44:03 – Apple Introduces Business Essentials https://smallbiztrends.com/2021/11/apple-introduces-business-essentials.html 45:20 – Apple introduces device management solution aimed at small business https://techcrunch.com/2021/11/10/apple-introduces-device-management-solution-aimed-at-small-business/ 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 In...

Dec 3, 2021

Meet Our Guest: Megan Walker, CPA - Vice President of Accounting and Finance at Oxford Corporate https://www.linkedin.com/in/megan-walker-cpa-39843973/ Learn more about Oxford Collection: https://www.oxfordcollection.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info! Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Dec 2, 2021

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay CenterCard: https://cloudaccountingpodcast.promo/center Relay Financial: https://cloudaccountingpodcast.promo/relay 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 0:07 – Happy After Thanksgiving! We have so much to be thankful for! 1:21 – Listener Mail – Are we really “anti-Desktop”? Thank you for your feedback, Peg! 1:48 – Defending Anti-Desktopness 5:35 – Is the Customer Really Always Right? 6:31 – Listener Mail – How the Feed the Pig campaign keeps the younger generation from becoming CPAs. Thanks, Eric! 7:27 – Tips for Promoting the Feed the Pig Savings Message https://us.aicpa.org/volunteer/financialliteracyresourcecenter/ftp-tipsforpromoting 8:37 – The Subreddit – r/Accounting https://www.reddit.com/r/Accounting/ 9:44 – More on Theoretical v. Practical Training 13:15 – Listener Mail – A Professor's Take on Real-World Experience. Thank you, Jennifer! 13:49 – Tweet from Jennifer Johnson, CPA https://twitter.com/JENJOHNSONCPA/status/1464604351985561617 15:20 – Why Not Work AT School? 17:51 – Director of Finance - Amulet Estate Winery https://www.winebusiness.com/classifieds/winejobs/?go=listing&listingid=218327 18:38 – Assistant Controller - ODELL BREWING COMPANY https://www.brewbound.com/jobs/57212-Assistant-Controller-Odell-Brewing-Company 21:05 – Accountants press IRS for faster refunds and responses | Accounting Today https://www.accountingtoday.com/news/accountants-press-irs-for-faster-refunds-and-responses 24:06 – AmEx Pitched Business Customers a Tax Break That Doesn’t Add Up https://www.wsj.com/articles/amex-pitched-business-customers-a-tax-break-that-doesnt-add-up-11637587980 29:32 – AmEx Fires Workers Over Payments Sales Pitches – CFO https://www.cfo.com/tax/2021/11/amex-fires-workers-over-payments-sales-pitches/ 30:19 – IRS plans to award $2.6B app development contract in Q1 of fiscal 2023 https://www.fedscoop.com/irs-plans-to-award-2-6b-app-development-contract-in-q1-of-fiscal-2023/ 31:53 – Congress widens PPP fraud probe to more online financial companies https://news.yahoo.com/congress-widens-ppp-fraud-probe-140022824.html PPP companies Blueacorn, Womply added to congressional probe https://www.usatoday.com/story/news/investigations/2021/11/23/ppp-companies-blueacorn-womply-added-congressional-probe/8730237002/ 34:44 – B2B Spend Management Startup Payhawk Closes $112M Series B https://www.pymnts.com/news/b2b-payments/2021/b2b-spend-management-startup-payhawk-closes-112m-series-b/ 35:06 – Australian software firm simPRO raises $350 mln in new funding | Reuters https://www.reuters.com/markets/deals/australian-software-firm-simpro-raises-350-mln-new-funding-2021-11-23/ 36:11 – Story within the Story – simPRO Acquired ClockShark! 37:25 – 6 lessons from audit experts who adopted AI early https://www.journalofaccountancy.com/news/2021/nov/6-lessons-audit-experts-adopted-ai-early.html 39:07 – Sage launches new platform to help launch and power up Accountants https://www.enterprisetimes.co.uk/2021/11/24/sage-launches-new-platform-to-help-launch-and-power-up-accountants/ 40:18 – How to Build Stronger Relationships With Colleagues in the Zoom Era https://www.wsj.com/articles/build-stronger-relationships-on-zoom-11637608490 44:30 – David’s Big, Poofy, Sad Problem 😊 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 Podchas...

Nov 26, 2021

Sponsors Rewind: https://cloudaccountingpodcast.promo/rewind CenterCard: https://cloudaccountingpodcast.promo/center Client Hub: https://cloudaccountingpodcast.promo/clienthub 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 3:57 – SPACs Headed for New Wave of Restatements for Accounting Errors https://news.bloombergtax.com/financial-accounting/spacs-headed-for-new-wave-of-restatements-for-accounting-errors 5:57 – Senators Question Commissioner About Company Offering Fee-Based Access to IRS Phone Lines https://procedurallytaxing.com/senators-question-company-offering-fee-based-access-to-irs-phone-lines/ 11:55 – Opinion | IRS reform will generate a lot more revenue than the CBO thinks - The Washington Post https://www.washingtonpost.com/opinions/2021/11/17/cbo-build-back-better-irs-revenue-too-low/ 14:17 – AICPA, NASBA publish revised CPA Evolution Model Curriculum - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/nov/aicpa-nasba-revised-cpa-evolution-model-curriculum.html 17:20 – A closer look at the Model 20:55 – Practical v. Theoretical – which is better for accounting education? 22:14 – In the weeds – what’s missing from the revised CPA Evolution Model Curriculum? 26:21 – Can I get this in Excel? Faculty want the CPA Evolution Model Curriculum in Excel. 32:54 – The Sage Group plc (SGGEF) CEO Steve Hare on Q4 2021 Results - Earnings Call Transcript https://seekingalpha.com/article/4470238-sage-group-plc-sggef-ceo-steve-hare-on-q4-2021-results-earnings-call-transcript Sage posts 10% drop in operating profit after investing in cloud https://finance.yahoo.com/news/sage-posts-10-drop-operating-072946722.html Accelerating growth driven by continued strategic progress (PDF) https://www.sage.com/investors/investor-downloads/press-releases/2021/11/full-year-2021-results-17-november-2021/ 35:14 – Intuit inc (INTU) Q1 2022 Earnings Call Transcript https://www.fool.com/earnings/call-transcripts/2021/11/18/intuit-inc-intu-q1-2022-earnings-call-transcript/ 38:16 – Chimp Change – how QuickBooks Advanced is heading deeper into the midmark with MailChimp Intuit: Monetizing Its Vast Data Treasure Trove by Creating Better Outcomes For Customers https://seekingalpha.com/article/4470721-intuit-intu-stock-monetizing-vast-data-better-outcomes-for-customers 40:24 – What’s new in QuickBooks Online: November 2021 – QuickBooks https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-november-2021/ 44:53 – Practice Ignition raises $50M | Accounting Today https://www.accountingtoday.com/news/practice-ignition-raises-50m Practice Ignition lands $50M to scale globally https://techcrunch.com/2021/11/17/practice-ignition-lands-50m-to-scale-globally/ 46:29 – Formstack raises $425M for a no-code platform that helps businesses automate their customer and internal workflows https://techcrunch.com/2021/11/18/formstack-raises-425m-for-a-no-code-platform-that-helps-businesses-automate-their-customer-and-internal-workflows/ 47:22 – Paychex Adds Support for Vaccination Status Tracking to its COVID-19 Technology Solutions https://www.wibw.com/prnewswire/2021/10/19/paychex-adds-support-vaccination-status-tracking-its-covid-19-technology-solutions/ 47:52 – Pixie, the operating system for small accounting firms, pockets £2.25M to grow further https://www.uktech.news/news/pixie-uk-startup-funding-20211118 48:36 – Accounting tech start-up to double headcount following funding boost https://www.siliconrepublic.com/jobs-news/accounting-tech-start-up-double-headcount-funding-boost 49:24 – Scammers Clone Exec's Voice, Steal $35M From Bank https://www.newser.com/story/312228/scammers-clone-execs-voice-steal-35m-from-bank.html 52:40 – Listener Voicemail. Thank you! 54:44 – We’ve Got a Review! Thank you! 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?...

Nov 22, 2021

Meet Our Guest Aaron Harris, Global CTO, Sage https://www.linkedin.com/in/aaron-harris-7407b2/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info! Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Nov 19, 2021

Sponsors Fyle: https://cloudaccountingpodcast.promo/fyle Rewind: https://cloudaccountingpodcast.promo/rewind Reach Reporting: https://cloudaccountingpodcast.promo/reach 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 2:43 – Our takeaways from Sage Transform, and news on upcoming CAP bonus interviews from the conference! 5:32 – Intacct and ADP Partner to Streamline Back-office Processes for Midsized Companies https://www.sageintacct.com/press/intacct-and-adp-partner-streamline-back-office-processes-midsized-companies 8:02 – A little compare and contrast of NetSuite, and Sage Intacct 10:28 – Some thoughts on Sage’s global expansion, and their data mesh 12:17 – A few pros and cons on Sage, and Sage Transform — what’s wrong, what’s missing 18:38 – Sage highlights automation, mobile features | Accounting Today https://www.accountingtoday.com/news/sage-highlights-automation-mobile-features 19:47 – We’ve got voicemail! Thanks, for the great feedback, Greg! 21:33 – We’re clarifying our point of view on crypto – its usefulness as a tool, and as an investment, and where the blockchain will take accounting in the future. 30:13 – Expensify Shares Pop 52% in Market Debut – CFO https://www.cfo.com/the-cloud/2021/11/expensify-shares-pop-52-in-market-debut/ 31:45 - Expensify is the Slack of Accounting https://www.blakeoliver.com/blog/expensify-is-the-slack-of-accounting 32:04 – Expensify’s $263 million IPO breaks Oregon tech’s 17-year drought https://www.oregonlive.com/silicon-forest/2021/11/expensifys-263-million-ipo-breaks-oregons-17-year-losing-streak.html 34:58 – Expensify IPO Could Make Nearly All 140 Employees Paper Millionaires, but There is a Catch, Insiders Say https://www.businessinsider.com/expensify-ipo-employees-become-paper-millionaires-stock-grant-2021-11 We become a public company today [11/10/21] https://community.expensify.com/discussion/8596/we-become-a-public-company-today-11-10-21 39:50 – Xero Acquires Inventory Management Company LOCATE Inventory https://www.cpapracticeadvisor.com/accounting-audit/news/21246049/xero-acquires-inventory-management-company-locate-inventory 41:11 – Xero’s half year 2022 financial results | Xero Blog https://www.xero.com/blog/2021/11/half-year-2022-financial-results/ How we’re enhancing inventory management in Xero | Xero Blog https://www.xero.com/blog/2021/11/enhancing-inventory-management/ 43: 51 – Sage adds Zapier to marketplace | Accounting Today https://www.accountingtoday.com/news/sage-adds-zapier-to-marketplace 44:39 – Toast, Inc. (TOST) Q3 2021 Earnings Call Transcript https://www.fool.com/earnings/call-transcripts/2021/11/10/toast-inc-tost-q3-2021-earnings-call-transcript/ 45:37 – Bill.com Introduces New Product Features at Sage Transform, Continuing Innovation that Makes it Simple for Small and Midsize Companies and Accountants to Do Business https://www.bill.com/about-us/press-release/billcom-introduces-new-product-features-sage-transforms 46:27 – Melio releases three new features 46:45 – Relay Financial releases a new set of features 47:56 – MyCase Announces Product Enhancements, Acquisitions to Enable Law Firm Success https://www.prnewswire.com/news-releases/mycase-announces-product-enhancements-acquisitions-to-enable-law-firm-success-301419371.html 48:38 – LegalZoom Acquires Leading Virtual Mailbox Provider, Earth Class Mail https://www.globenewswire.com/news-release/2021/11/10/2331550/0/en/LegalZoom-Acquires-Leading-Virtual-Mailbox-Provider-Earth-Class-Mail.html 50:44 – Payroll Software Startup Wrapbook Gets Unicorn Status After Latest Funding Round – Bloomberg https://www.bloomberg.com/news/articles/2021-11-10/tiger-global-bets-on-wrapbook-vaulting-it-to-unicorn-status 51:58 – Zenwork raises $163M | Accounting Today https://www.accountingtoday.com/news/zenwork-raises-163m 52:49 – Knowify secures $5.45M in Series A financing led by MassMutual Ventures and Companyon Ventures https://www.prnewswire.com/news-releases/knowify-secures-5-45m-in-series-a-financing-led-by-massmutual-ventures-and-companyon-ventures-301422267.html 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...

Nov 18, 2021

Meet Our Guest Anurag Pal, CEO @ Escalon https://www.linkedin.com/in/anurag-ap-pal/ Learn More About Escalon https://escalon.services/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.

Nov 18, 2021

Meet Our Guests Joav Bally: https://www.linkedin.com/in/joavbally/ Marc Holliday: https://www.linkedin.com/in/marc-holliday-42634558/ Learn More About NetSuite Data Warehouse https://www.netsuite.com/portal/products/analytics/data-warehouse.shtml Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 15, 2021

Our Guest Dave Damond, Sr VP/CFO at March of Dimes https://www.linkedin.com/in/dave-damond-73853bb/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 12, 2021

Sponsors Practice Ignition: https://cloudaccountingpodcast.promo/pi CenterCard: https://cloudaccountingpodcast.promo/center Client Hub: https://cloudaccountingpodcast.promo/clienthub 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 1:06 – David reports back from the delightful 2021 QuickBooks Connect virtual conference 2:48 – What did Kristen Bell’s closing remark, “Remain Human” mean? 3:38 – We’re heading to Sage Transform 2021 4:32 – Blake has received the NASBA seal of approval for Earmark CPE! https://earmarkcpe.com/ 7:43 – Building a Best-in-Class A/P Tech Stack Without Breaking the Bank https://www.cpaacademy.org/webinars/a0D2S00000raCSPUA2 9:41 – Intuit to Discontinue QuickBooks Desktop in the UK https://www.accountingweb.com/technology/accounting-software-news/intuit-to-discontinue-quickbooks-desktop-in-the-uk UK QuickBooks Desktop will cease to be supported outside the UK & Ireland https://quickbooks.intuit.com/learn-support/en-uk/discontinued-offering/uk-quickbooks-desktop-is-no-longer-supported-outside-the-uk/00/654996 11:38 – Conversation with John Stokdyk from AccountingWEB on the QuickBooks news! 19:25 – Zillow’s Algorithm-Fueled Buying Spree Doomed Its Home-Flipping Experiment https://www.bloomberg.com/news/articles/2021-11-08/zillow-z-home-flipping-experiment-doomed-by-tech-algorithms 26:15 – Staffing Shortage Cripples Growth at 40% of Firms https://cpatrendlines.com/2021/10/27/staffing-shortage-goes-global/ 29:43 – Two in five accountants ‘too drained’ to work https://www.accountancydaily.co/two-five-accountants-too-drained-work 32:08 – Stop Derailing CAS https://cpatrendlines.com/2021/10/31/stop-derailing-cas/ 34:29 – Trying to decide where to live now that your job is permanently remote? Maybe $2,000 worth of free coffee will help make up your mind. https://www.wsj.com/articles/remote-workers-can-live-anywhere-these-cities-and-small-towns-are-luring-them-with-perks-11633783904 38:26 – Remote-working jobs: Disaster looms as managers refuse to listen https://www.zdnet.com/article/remote-working-jobs-disaster-looms-as-managers-refuse-to-listen/ 39:37 – High Rock Accounting expands in Minnesota https://www.accountingtoday.com/news/high-rock-accounting-to-expand-in-minnesota 42:42 – Bank increases lending limit to CPA firms seeking mergers https://www.accountingtoday.com/news/bank-increases-lending-limit-to-cpa-firms-seeking-mergers 43:25 – Botkeeper Raises $42M in Series C Funding from Paychex Founder https://www.prnewswire.com/news-releases/botkeeper-raises-42m-in-series-c-funding-from-paychex-founder-301416557.html 44:51 – Patriot Software Secures Series-A Funding Round https://www.cpapracticeadvisor.com/payroll/news/21244354/patriot-software-secures-seriesa-funding-round 45:53 – Microsoft brings JavaScript to Excel https://techcrunch.com/2021/11/02/microsoft-brings-javascript-to-excel/ 48:18 – Microsoft Office—Transforming for the hybrid world https://www.microsoft.com/en-us/microsoft-365/blog/2021/11/02/microsoft-office-transforming-for-the-hybrid-world/ 53:25 – A2X Is Growing, In More Ways Than One. https://www.a2xaccounting.com/blog/leadership-team-announncement/ 51:25 – Stay in the flow of work with new collaborative apps for Microsoft Teams https://www.microsoft.com/en-us/microsoft-365/blog/2021/11/02/stay-in-the-flow-of-work-with-new-collaborative-apps-for-microsoft-teams/ 55:01 – A new look for bank reconciliation in Xero https://www.xero.com/blog/2021/11/new-look-bank-reconciliation/ 58:23 – Square – Q3 2021 Shareholder Letter https://s27.q4cdn.com/311240100/files/doc_financials/2021/q3/SQ-3Q-2021-Shareholder-Letter.pdf 60:00 – Intuit announces revenue sharing program, new bookkeeping features at QB Connect https://www.accountingtoday.com/news/intuit-announces-revenue-sharing-program-new-bookkeeping-features-at-qb-connect 64:38 – AICPA opens .cpa web domain in Canada https://www.accountingtoday.com/news/aicpa-opens-cpa-web-domain-in-canada Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @David...

Nov 5, 2021

Guest John Cappadona, Chief Financial Officer @ School of Rock https://www.linkedin.com/in/johncappadona/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 3, 2021

Sponsors CenterCard: https://cloudaccountingpodcast.promo/center BaCo Tech: https://cloudaccountingpodcast.promo/baco Reach Reporting: https://cloudaccountingpodcast.promo/reach 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 1:25 – We’re back from Scaling New Heights! Teslas, double-decker booths, and vaccination tales, oh my! 8:25 – Wanna win a Tesla? Go here: https://use.expensify.com/teslagiveaway ExpensifyApproved! Accountants Can Win a Free Tesla from Expensify! https://www.businesswire.com/news/home/20211025005776/en/ExpensifyApproved%21-Accountants-Can-Win-a-Free-Tesla-from-Expensify 10:15 – Scaling New Heights 2022: Thrive https://www.woodard.com/2022-scaling-new-heights-registration 11:13 – Parker Conrad’s Rippling is now valued at $6.5 billion — more than Zenefits at its peak https://techcrunch.com/2021/10/21/parker-conrads-rippling-is-now-valued-at-6-5-billion-more-than-zenefits-at-its-peak/ 16:25 – Woodard Announces Partnership with Wolters Kluwer https://report.woodard.com/articles/woodard-announces-partnership-with-wolters-kluwer-fpwr 18:20 – Gusto acquires Remote Team https://www.accountingtoday.com/news/gusto-acquires-remote-team 19:40 – FBI Raids Chinese Point-of-Sale Giant PAX Technology https://krebsonsecurity.com/2021/10/fbi-raids-chinese-point-of-sale-giant-pax-technology/ 22:46 – What’s new in QuickBooks Online: October 2021 https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-october-2021/ 25:55 – Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companies https://techcrunch.com/2021/10/22/audit-sight-takes-on-new-capital-to-eliminate-all-of-the-back-and-forth-between-auditors-companies/ 27:54 – Xero serves US CrossFit community as preferred accounting platform https://www.xero.com/blog/2021/10/us-crossfit-community-preferred-accounting-platform/ 29:57 – Accountants’ favorite apps: 2021 edition https://www.accountingtoday.com/list/accountants-favorite-apps-2021-edition 36:10 – Blake is Relay's new Accounting Community Advocate https://www.accountingtoday.com/list/on-the-move-sax-presents-annual-founders-award 38:59 – SURVEY: Office 365 Dominates Accounting Offices https://cpatrendlines.com/2021/10/14/survey-office-365-dominates-accounting-offices/ 43:50 – ProPublica is hiring an accountant https://www.linkedin.com/jobs/view/finance-associate-at-propublica-2781745917 46:31 – CEO Video Series: Putting Destination CPA Back on Accounting Students’ Radar https://vimeo.com/638007048 51:31 – A CPA Pipeline Report: Decoding the Decline https://www.icpas.org/information/professional-issues/decoding-the-decline 53:14 – Apple’s Most Back-Ordered New Product Is Not What You Expect https://www.nytimes.com/2021/10/29/technology/apple-polishing-cloth.html 57:03 — Listener Mail – Thanks, Ryan Pearcy! Check out his podcast, Digi-Tools in Accrual World! https://digitoolsinaccrual.world/ 58:49 – Man spent $57,789 in coronavirus relief aid on a Pokémon card, feds say https://www.npr.org/2021/10/25/1049011060/coronavirus-relief-aid-pokemon-card 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 Google Play: http...

Oct 29, 2021

Our Guest Evan Goldberg: https://www.linkedin.com/in/evan-netsuite/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Oct 29, 2021

Sponsors Rippling: https://cloudaccountingpodcast.promo/rippling BaCo Tech: https://cloudaccountingpodcast.promo/baco Client Hub: https://cloudaccountingpodcast.promo/clienthub 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 1:25 – The Scoop on SuiteWorld 2021 https://www.netsuitesuiteworld.com/ 3:17 – Sneak Peek at our talk with Evan Goldberg, founder of NetSuite. You can hear the whole interview here: https://www.cloudaccountingpodcast.com/bonus250 15:00 – NetSuite Announces SuiteBanking, the First Cloud ERP to Integrate Fintech into a Unified Suite https://www.netsuite.com/portal/company/newsroom/netsuite-announces-suitebanking,-the-first-cloud-erp-to-integrate-fintech-into-a-unified-suite.shtml 24:00 – We’re talking about Kevin O’Leary’s SuiteWorld keynote, and the three things CAP listeners need to hear — elevator pitch, proven track record, and know your numbers 27:53 – New rules taxing businesses using PayPal, Venmo in 2022 https://www.pahomepage.com/top-stories/new-rules-taxing-businesses-using-paypal-venmo-in-2022/ 31:41 – Blake thinks it’s best to take a ‘wait and see’ approach in this so-called proposal, until it’s a real proposal 32:11 – Plaid Builds Partner Ecosystem to Simplify A2A Payments https://www.pymnts.com/pymnts-post/news/partnerships-acquisitions/2021/plaid-builds-partner-ecosystem-simplify-a2a-payments/?c=mobile-wallets/page 33:58 – Clients prefer tech-savvy accountants https://www.accountingtoday.com/news/clients-prefer-tech-savvy-accountants 37:24 – Xero wants to help your employees run all their own processes https://www.techradar.com/news/xero-wants-to-help-your-employees-run-all-their-own-processes Xero Me – Non-U.S. app https://central.xero.com/s/article/Xero-Me-for-mobile 38:40 – The Guidance Gap: New Research Reveals Businesses Need Advice on People Operations https://gusto.com/company-news/the-guidance-gap-new-research-reveals-businesses-need-advice-on-people-operations 41:05 – Practice Ignition and Gusto Partner to Launch First-Ever Integration to Accelerate Adoption and Knowledge of People Advisory https://www.practiceignition.com/news/practice-ignition-and-gusto-partner-to-launch-first-ever-integration-to-accelerate-people-advisory 41:43 – Blake talks an invitation for early access to Gusto’s mobile device management offering 42:55 – Expensify Launches Free Plan for Small Businesses https://www.businesswire.com/news/home/20211018005215/en/Expensify-Launches-Free-Plan-for-Small-Businesses 45:47 – Inside Expensify’s IPO filing https://techcrunch.com/2021/10/18/inside-expensifys-ipo-filing/ 46:37 – Fiserv to acquire BentoBox https://www.finextra.com/pressarticle/89810/fiserv-to-acquire-bentobox 47:01 – Sovos to Acquire Istanbul-Based e-Transformation Compliance Company Digital Planet https://www.prweb.com/releases/sovos_to_acquire_istanbul_based_e_transformation_compliance_company_digital_planet/prweb18274410.htm 47:29 – Avalara Acquires CrowdReason to Help Businesses Manage Property Tax Compliance https://www.cpapracticeadvisor.com/sales-tax-compliance/news/21242816/avalara-acquires-crowdreason-to-help-businesses-manage-property-tax-compliance 49:55 – Businesses spend heavily on sales tax compliance https://www.accountingtoday.com/news/businesses-spend-heavily-on-sales-tax-compliance 50:55 – Survey: Nobody Loves the Wayfair Decision https://cpatrendlines.com/2021/10/18/nobody-loves-the-wayfair-decision/ 51:51 –Stripe will acquire Recko to help internet businesses automate payments reconciliation https://stripe.com/newsroom/news/recko 53:59 – Coinbase stock rises after Facebook taps it for help on new cryptocurrency project https://www.cnbc.com/2021/10/19/facebook-taps-coinbase-for-digital-wallet-novi.html 54:19 – Intuit Introduces Money by QuickBooks, Mobile Banking Designed for Small Businesses https://investors.intuit.com/news/news-details/2021/Intuit-Introduces-Money-by-QuickBooks-Mobile-Banking-Designed-for-Small-Businesses/default.aspx 57:12 – PayPal is in late-stage talks to acquire Pinterest https://www.cnbc.com/2021/10/20/pinterest-shares-soar-following-report-paypal-may-buy-it.html 59:27 – IRS begins using videoconferencing to meet with big businesses

Oct 22, 2021

Sponsors Rippling: https://cloudaccountingpodcast.promo/rippling Client Hub: https://cloudaccountingpodcast.promo/clienthub BaCo Tech: https://cloudaccountingpodcast.promo/baco 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 1:17 – David updates us on his Cancun adventure and, of course, he ties it into subscription services! 6:00 – Fixed fee debate is over. The new frontier is the all-inclusive subscription package, or as Ron Baker calls it, “Pricing the relationship.” 10:39 – Taliesin West is Frank Lloyd Wright’s desert laboratory in Arizona https://franklloydwright.org/taliesin-west/ 15:33 – How do accounting firms learn from the Taliesin model? 18:50 – SuiteWorld, October 18 – 21, 2021 https://www.netsuitesuiteworld.com/ 20:33 – Suspected Ransomware Payments Nearly Doubled This Year, Treasury Says https://www.wsj.com/articles/suspected-ransomware-payments-for-first-half-of-2021-total-590-million-11634308503 26:04 – Jamie Dimon Calls Bitcoin 'Worthless' https://www.cnbc.com/2021/10/11/jpmorgan-chase-ceo-jamie-dimon-says-bitcoin-is-worthless.html 28:17 – Crypto could cause 2008-level meltdown, Bank of England official warns https://www.cnbc.com/2021/10/14/crypto-could-cause-2008-level-meltdown-bank-of-england-official-warns.html 30:40 – USPS Debuts Paycheck-Cashing Services https://www.pymnts.com/financial-inclusion-3/2021/usps-debuts-paycheck-cashing-services/ 34:31 – Listener email – Thank you, Sandy Lerner! 34:48 – The UPS Store – Small Business Accounting & Bookkeeping https://www.theupsstore.com/small-business-services/accounting-bookkeeping 36:10 – When Private Equity Blows Up the CPA Partnership https://cpatrendlines.com/2021/09/28/how-private-equity-blows-up-the-cpa-partnership/ 36:43 – Competing for Talent in a Private-Equity World https://cpatrendlines.com/2021/10/17/competing-for-talent-in-a-private-equity-world/ 39:58 – CAS practices see 20% growth rate https://www.journalofaccountancy.com/news/2021/oct/cas-practices-20-percent-growth-rate.html 47:30 – This Startup Is Using All-In-One Software To Empower Small Business Owners. https://www.forbes.com/sites/garydrenik/2021/10/12/why-smbs-need-more-tailored-saas-platforms/?sh=44907e7e770f 50:14 – Microsoft to shut down LinkedIn in China https://www.cnbc.com/2021/10/14/microsoft-to-shut-down-linkedin-in-china.html 51:46 – Should private companies such as enQ be allowed? https://twitter.com/lorilynwilson/status/1447578663688413192?s=12 57:21 – Envestnet | Yodlee partners with Intuit QuickBooks https://thepaypers.com/online-mobile-banking/envestnet-yodlee-partners-with-intuit-quickbooks--1252177 58:51 – Shopify Launches Global ERP Merchant Program https://www.pymnts.com/commerce-connected/2021/shopify-launches-global-erp-merchant-program/ 60:05 – Codat Announces Partnership with Intuit to Speed QuickBooks App Development And Catalyze New Wave of Open Finance https://www.prnewswire.com/news-releases/codat-announces-partnership-with-intuit-to-speed-quickbooks-app-development-and-catalyze-new-wave-of-open-finance-301399821.html 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast:

Oct 12, 2021

Sponsors Rippling: https://cloudaccountingpodcast.promo/rippling Dark Horse: https://cloudaccountingpodcast.promo/darkhorse Client Hub: https://cloudaccountingpodcast.promo/clienthub Show Notes 1:27 – David is leaving the building ... On vacation! 1:52 – CAP Voicemail – Thank you, Jonathan Weiss! Is it too hard to become a CPA? Practitioners speak out https://www.accountingtoday.com/news/is-it-too-hard-to-become-a-cpa-practitioners-speak-out 5:50 – CPA firms lay out top issues in 2021 and beyond https://www.accountingtoday.com/opinion/cpa-firms-lay-out-top-issues-in-2021-and-beyond 9:42 – Service levels hit new lows at swamped IRS https://www.accountingtoday.com/news/service-levels-hit-new-lows-at-swamped-irs 11:28 – IRS didn’t spot $20.6M in bogus nonresident tax refunds https://www.accountingtoday.com/news/irs-didnt-spot-20-6m-in-bogus-nonresident-tax-refunds 12:04 – Florida man filed 745 tax returns in 4 years, collecting $235K in bogus refunds — ‘I found a flaw in your system, and I took advantage of it’ https://www.marketwatch.com/story/i-found-a-flaw-in-your-system-and-i-took-advantage-of-it-florida-man-filed-745-tax-returns-in-4-years-collecting-235k-in-bogus-refunds-11633540003 15:58 – Sage buys proposal software vendor GoProposal https://www.enterprisetimes.co.uk/2021/10/05/sage-buys-proposal-software-vendor-goproposal/ Sage buys U.K. proposal management software maker https://www.accountingtoday.com/news/sage-buys-uk-proposal-management-software-maker 19:32 – Latest product news – October 2021 | Xero Blog https://www.xero.com/blog/2021/10/product-news-oct-2021/ 23:05 – FreshBooks Acquires FastBill to Boost Growth in Canada https://www.pymnts.com/news/partnerships-acquisitions/2021/freshbooks-acquires-fastbill-to-boost-growth-in-canada/ 24:24 – Google Drive Is Getting Labels for Your Files https://www.howtogeek.com/759458/google-drive-is-getting-labels-for-your-files/ 25:20 – Chargebee acquires RevLock https://www.accountingtoday.com/news/chargebee-acquires-revlock 26:17 – Pipe launches trading platform for recurring revenue https://www.accountingtoday.com/news/pipe-launches-trading-platform-for-recurring-revenue 30:05 – Hackers exploit MFA flaw to steal from 6,000 Coinbase customers https://cointelegraph.com/news/hackers-exploit-mfa-flaw-to-steal-from-6-000-coinbase-customers-report 32:59 – Sage Intacct 2021 Release 3: What’s New? https://www.accttwo.com/blog/sage-intacct-2021-release-3-whats-new 39:03 – Elizabeth Warren Shocked to Learn Big Public Accounting Firms Do Shady Sh*t https://www.goingconcern.com/elizabeth-warren-shocked-to-learn-big-public-accounting-firms-do-shady-sht/ 40:58 – The tax agency would like to look at your financial transactions above $600. What could go wrong? https://www.wsj.com/articles/internal-revenue-service-irs-rettig-yellen-brady-bank-account-tax-proposal-revenue-privacy-data-breach-11633287461 41:55 – Democrats eye narrowing Biden plan on bank reporting to IRS https://www.accountingtoday.com/articles/democrats-eye-narrowing-biden-plan-on-bank-reporting-to-irs Banks enlist customers to kill Biden’s account data reporting plan https://www.accountingtoday.com/articles/banks-enlist-customers-to-kill-bidens-account-data-reporting-plan 45:06 – Adios, David – Enjoy Cancun! 46:23 – Who Is John Zabel? Britney Spears' New Conservator Takes Over From Jamie Spears https://www.yourtango.com/news/who-is-john-zabel-britney-spears-new-conservator Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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?

Oct 11, 2021

Listen to the full interview with IMA president Jeff Thomson on the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Want to learn how you can get CPE for listening to podcasts? Subscribe to get early access to the Earmark CPE mobile app when it launches this fall: https://earmarkcpe.com Subscribe to Earmark Apple Podcasts Google Podcasts Spotify Amazon Music Overcast Pocket Casts

Oct 8, 2021

Sponsors Rippling: https://cloudaccountingpodcast.promo/rippling DEXT: https://cloudaccountingpodcast.promo/dext Dark Horse: https://cloudaccountingpodcast.promo/darkhorse Show Notes 5:29 – Blake talks about his visit to the Institute of Management Accountants in Texas, his interview with IMA President Jeff Thomson, and gives more detail on the upcoming Earmark CPA! 8:25 – State auditor steps down after failing accounting exams https://www.newscentermaine.com/article/news/politics/state-auditor-steps-down-after-failing-accounting-exams/97-3073da7f-0106-4811-9f20-9db9fef24efd 13:04 – Ski Areas Are Struggling To Find Employees For The Upcoming Season https://www.npr.org/2021/09/29/1041411706/ski-areas-are-struggling-to-find-employees-for-the-upcoming-season 14:07 – Exclusive-PwC tells U.S. employees they need never return to the office https://finance.yahoo.com/news/exclusive-pwc-tells-u-employees-211505972.html 18:42 – Work-life balance improves audits, but not job satisfaction https://www.accountingtoday.com/news/work-life-balance-improves-audits-but-not-job-satisfaction 21:57 – In-person Zoom is the new norm for many workers returning to the office https://www.washingtonpost.com/technology/2021/09/27/return-to-work-in-person-hybrid/ 23:50 – The real stakes of Apple’s battle over remote work https://www.vox.com/recode/22690190/apple-remote-work-from-home-employee-cher-scarlett-janneke-parrish 24:57 – Remote work is making productivity and innovation harder, says Microsoft study https://www.zdnet.com/article/remote-work-is-making-productivity-and-innovation-harder-says-microsoft-study/ 25:53 – Accounting Today calls for nominations for 2021 Top 100 People https://www.accountingtoday.com/news/accounting-today-calls-for-nominations-for-2021-top-100-people 27:30 – Intuit Investor Day 2021 https://investors.intuit.com/events-and-presentations/event-details/2021/Intuits-Investor-Day-2021/ 27:52 – Our strategy is to be an “AI-driven expert platform” https://www.intuit.com/strategy/ 28:46 – QuickBooks Online Advanced adding Excel integration https://quickbooks.intuit.com/blog/whats-new/quickbooks-online-advanced-adding-excel-integration/ 33:47 – Listener mail – QuickBooks v. Quicken? Thanks, Stephen Smith! 39:20 – Avalara Acquires Track1099 to Help Businesses Manage IRS Form Filing Requirements https://www.avalara.com/us/en/about/press/category/2021/10/avalara-acquires-track1099-to-help-businesses-manage-irs-form-filing-requirements.html 42:49 – Xero System Status – Current and Past Incidents https://status.xero.com/ 45:50 – What’s new in QuickBooks Online: September 2021 https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-september-2021/ 51:01 – A Message from Sage CEO Steve Hare to Sage colleagues https://www.sage.com/en-gb/news/press-releases/2021/09/a-message-from-sage-ceo-steve-hare-to-sage-colleagues/ 52:05 – (LSPD) Alert: Did You Lose Money on Your Lightspeed Commerce Investment? Contact Johnson Fistel Regarding Investigation https://www.globenewswire.com/news-release/2021/09/29/2305700/0/en/LSPD-Alert-Did-You-Lose-Money-on-Your-Lightspeed-Commerce-Investment-Contact-Johnson-Fistel-Regarding-Investigation.html 52:24 – Lightspeed (TSX:LSPD) Stock: Is an Accounting Scandal Brewing? https://ca.finance.yahoo.com/news/lightspeed-tsx-lspd-stock-accounting-145454977.html Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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

Sep 30, 2021

Sponsors TaxDome: https://cloudaccountingpodcast.promo/taxdome ApprovalMax: https://cloudaccountingpodcast.promo/approvalmax Gusto: https://cloudaccountingpodcast.promo/gustonext Show Notes 0:24 –Accountancy Problems – Studying Accounting at 3:00 a.m. https://twitter.com/AcctncyProblems/status/1441319313294561283 2:24 – AOC's 'Tax the Rich' dress could've used a different slogan https://www.accountingtoday.com/articles/aocs-tax-the-rich-dress-couldve-used-a-different-slogan 4:00 – As More Workers Go Solo, the Software Stack Is the New Firm https://future.a16z.com/solo-workers-software-stack/ 7:56 – Have you used the IRS Tax Pro Account Feature? Details from the AICPA’s Weekly Weigh-In survey question. 10:14 – How Accounting Giants Craft Favorable Tax Rules from Inside Government https://www.nytimes.com/2021/09/19/business/accounting-firms-tax-loopholes-government.html?referringSource=articleShare 14:00 – How Top Accounting Firms Help Their Clients Sidestep Taxes https://www.nytimes.com/2021/09/19/business/accounting-firms-tax-loopholes-government.html 15:10 – News Analysis: Getting Over Government's Revolving Door http://www.taxhistory.org/thp/readings.nsf/ArtWeb/FA6ABE3DDF54E7EC852579C20073FD39?OpenDocument 16:12 – House tax bill would likely force Peter Thiel to pull $5 billion from his IRA https://www.cnbc.com/2021/09/17/house-tax-bill-would-likely-force-peter-thiel-to-pull-5-billion-from-his-ira.html 17:07 – California Governor Signs Bill Targeting Amazon Warehouse Quotas https://www.wsj.com/articles/california-governor-signs-bill-targeting-amazon-warehouse-quotas-11632367503?mod=tech_lead_pos4 21:30 – KPMG urges boards to focus on climate risks https://www.accountingtoday.com/news/kpmg-urges-boards-to-focus-on-climate-risks 22:40 – Heroic Accounting https://ssir.org/articles/entry/heroic_accounting 25:54 – Listener Mail on the 150-hour education requirement – Thanks, Mike! 27:34 – Accountants reply: Is it too hard to become a CPA? https://www.accountingtoday.com/list/practitioners-speak-out-is-it-too-hard-to-become-a-cpa 29:36 – Listener Mail on CPA – Thanks T.C. Whittaker! 32:34 – NY Law Firm Slams Intuit Over QuickBooks Transaction Fees https://www.law360.com/articles/1424069/ny-law-firm-slams-intuit-over-quickbooks-transaction-fees 34:57 – Intuit launches venture arm to invest in startups with innovation for small businesses, consumers https://techcrunch.com/2021/09/22/intuit-launches-venture-arm-to-invest-in-startups-with-innovation-for-small-businesses-consumers/ 37:25 – Coinbase adds direct deposit into crypto accounts https://www.cnbc.com/2021/09/27/coinbase-adds-direct-deposit-into-crypto-accounts-.html 37:48 – China's top regulators ban crypto trading and mining, sending bitcoin tumbling https://www.reuters.com/world/china/china-central-bank-vows-crackdown-cryptocurrency-trading-2021-09-24/ 39:01 – SEC’s Gensler Doesn’t See Cryptocurrencies Lasting Long https://www.wsj.com/articles/secs-gensler-doesnt-see-cryptocurrencies-lasting-long-11632246355 43:07 – Longest Article Title Ever? Gilded Launches Compass: The Most Advanced QuickBooks Integration for Crypto Institutional adoption of cryptocurrency has intensified the demand for sophisticated crypto accounting functionality. Gilded Compass streamlines financial reporting for cryptocurrency in QuickBooks Online. https://financialpost.com/globe-newswire/gilded-launches-compass-the-most-advanced-quickbooks-integration-for-crypto-institutional-adoption-of-cryptocurrency-has-intensified-the-demand-for-sophisticated-crypto-accounting-functionality-gild 44:03 – Meet Compass: The Most Advanced QuickBooks Integration for Crypto https://blog.gilded.finance/gilded-compass-quickbooks/ 44:45 – Does your business use Gilded? Let us know! 45:22 – Expensify is Carbon Neutral in 2021 https://www.businesswire.com/news/home/20210922005893/en/Expensify-is-Carbon-Neutral-in-2021 46:24 – SURVEY: Zoom Tops Microsoft Teams for Now https://cpatrendlines.com/2021/09/19/survey-zoom-tops-microsoft-teams-for-now/ 47:50 – REPAY, Veem Collaborate on B2B Payments https://www.pymnts.com/news/b2b-payments/2021/repay-veem-collaborate-on-b2b-payments/ 47:57 – American Express and Extend Partner to Enable Virtual Cards for U.S. Small and Mid-Sized Businesses

Sep 21, 2021

Sponsors Rewind: https://cloudaccountingpodcast.promo/rewind ApprovalMax: https://cloudaccountingpodcast.promo/approvalmax Client Hub: https://cloudaccountingpodcast.promo/clienthub Show Notes 1:18 – Intuit Secures Clippers Arena Naming Rights for $500M https://frontofficesports.com/intuit-secures-clippers-arena-naming-rights-for-500m/ 9:15 – Mailchimp employees are furious after the company's founders promised to never sell, withheld equity, and then sold it for $12 billion https://www.businessinsider.com/mailchimp-insiders-react-to-employees-getting-no-equity-2021-9 13:50 – Private equity firms take stakes in accounting firms https://www.accountingtoday.com/news/private-equity-firms-take-stakes-in-accounting-firms 19:46 – KPMG Australia fined $450K over training test cheating https://www.complianceweek.com/regulatory-enforcement/kpmg-australia-fined-450k-over-training-test-cheating/30795.article 23:32 – Why Does All Work Take So Long? https://cpatrendlines.com/2021/09/13/why-does-all-work-take-so-long/ 27:30 – 'Love & Hip Hop: Atlanta' Star Gets 17 Years In Prison For PPP Loan Fraud Case https://www.blackenterprise.com/love-hip-hop-atlanta-star-gets-17-years-in-prison-for-ppp-loan-fraud-case/ More PPP Fraud News: Texas wedding planner sentenced after misusing more than $1.5M in PPP loan money, feds say https://www.click2houston.com/news/local/2021/09/16/texas-wedding-planner-sentenced-after-misusing-more-than-15m-in-ppp-loan-money-feds-say/ 29:01 – The Holmes Trial gets into the Excel Nitty-Gritty https://www.theverge.com/2021/9/14/22674657/elizabeth-holmes-theranos-trial-wire-fraud-financial-witness 31:55 – Xerocon New Orleans 2022: Laissez les bon temps rouler; let the good times roll...soon! https://www.xero.com/blog/2021/09/xerocon-new-orleans-2022/ 33:06 – POS ResTech Firm Toast Eyes IPO up to $717M https://www.pymnts.com/news/ipo/2021/pos-restech-firm-toast-eyes-ipo-up-to-717m/ 36:00 – Zoom Invests Additional $30 Million in Neat to Further Innovate the Modern Workspace https://blog.zoom.us/zoom-neat-investment-workspace-transformation/ 37:40 – Chewy to Launch Marketplace for Vets in Expansion of Health Offerings https://www.pymnts.com/news/retail/2021/chewy-to-launch-marketplace-for-vets-in-expansion-of-health-offerings/ 38:35 – SaaS data backup and recovery platform Rewind raises $65M https://venturebeat.com/2021/09/15/saas-data-backup-and-recovery-platform-rewind-raises-65m/ 41:10 – ADP improves RUN payroll system, adds vaccine tracking https://www.accountingtoday.com/news/adp-improves-run-payroll-system-adds-vaccine-tracking 42:49 – Barely anyone is using Apple Pay in stores anymore https://www.techradar.com/news/barely-anyone-is-using-apple-pay-in-stores-anymore 44:26 – Square Offers Sellers and Consumers a New Checkout Experience with Cash App Pay https://squareup.com/us/en/press/cash-app-pay 45:29 – B2B Payments Platform Melio Raises $250M at $4B Valuation https://www.pymnts.com/news/b2b-payments/2021/b2b-payments-platform-melio-raises-250m-at-4b-valuation/ 46:35 – Listener Mail about mesh network issues – Thanks, Dan Luthi! 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds <...

Sep 16, 2021

Sponsors CPA Charge: https://cloudaccountingpodcast.promo/cpacharge DEXT: https://cloudaccountingpodcast.promo/dext Rewind: https://cloudaccountingpodcast.promo/rewind Show Notes 2:58 – EisnerAmper Gets Private Equity Backing https://cpatrendlines.com/2021/09/11/big-deal-private-equity-takes-stake-in-eisneramper-cpas-2/ 9:46 – KPMG's UK arm among first to set targets for working class staff https://www.reuters.com/business/sustainable-business/kpmgs-uk-arm-among-first-set-targets-working-class-staff-2021-09-09/ 11:58 – Here’s What We Know Right Now About the New COVID Vax Requirements at KPMG US https://www.goingconcern.com/heres-what-we-know-right-now-about-the-new-covid-vax-requirements-at-kpmg-us/ 13:07 – Most U.S. Employers to Require COVID-19 Vaccination https://www.cfo.com/covid-19/2021/09/most-u-s-employers-to-require-covid-vaccination/ 14:48 – If You Never Met Your Co-Workers in Person, Did You Even Work There? https://www.nytimes.com/2021/09/08/business/remote-office-co-workers-working-from-home.html 19:53 – Blake is taking his leave from Jirav. What’s next? 24:50 – JofA 2021 Tax Software Survey Results Are In https://www.drakesoftware.com/blog/tags/2021%20tax%20software%20survey 37:35 – IRS regulation of tax preparers gains steam https://www.accountingtoday.com/news/irs-regulation-of-tax-return-preparers-gains-steam 43:45 – Facebook to buy $100 million worth of unpaid invoices from 30,000 small businesses owned by women and minorities https://www.cnbc.com/2021/09/11/facebook-to-buy-100-million-of-invoices-from-diverse-owned-businesses.html 46:00 – Amazon Is Creating A POS System To Compete With Shopify And PayPal—And Other Small Business Tech News https://www.forbes.com/sites/quickerbettertech/2021/09/12/amazon-is-creating-a-pos-system-to-compete-with-shopify-and-paypaland-other-small-business-tech-news/?sh=438fe52f5e28 49:59 – Quicken, one of the ‘first fintechs,’ is being sold again https://techcrunch.com/2021/09/09/quicken-one-of-the-first-fintechs-resold-to-another-private-equity-firm/ 55:42 – PayPal to Buy Japan’s Paidy for $2.7 Billion https://www.wsj.com/articles/paypal-to-buy-japans-paidy-for-2-7-billion-11631087698 56:30 –Clio snaps up document automation startup in latest acquisition https://www.reuters.com/legal/transactional/clio-snaps-up-document-automation-startup-latest-acquisition-2021-09-08/ 57:51 – Notion acquires India’s Automate.io in push to accelerate product expansion https://techcrunch.com/2021/09/08/notion-acquires-indias-automate-io-in-push-to-accelerate-product-expansion/ 61:35 – Expensify Announces New Expensify Card Perk: Up to 2% Cash Back for All Cardholders https://www.businesswire.com/news/home/20210908005475/en/Expensify-Announces-New-Expensify-Card-Perk-Up-to-2-Cash-Back-for-All-Cardholders 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: https://futurefirmaccelerate.com/ Accounting Podcast Network: https://accountingpodcastnetwork.com/ Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word o...

Sep 8, 2021

Sponsors DEXT: https://cloudaccountingpodcast.promo/dext Client Hub: https://cloudaccountingpodcast.promo/clienthub ApprovalMax: https://cloudaccountingpodcast.promo/approvalmax Show Notes 5:59 – Here’s why small-business kingpin Intuit is buying Mailchimp for $12B https://www.fastcompany.com/90675994/intuit-mailchimp-acquisition 6:11 – Intuit in talks to buy Mailchimp for more than $10B https://www.accountingtoday.com/articles/intuit-in-talks-to-buy-mailchimp-for-more-than-10b 13:35 – Xero Tax: Personal tax is now live https://www.xero.com/blog/2021/08/personal-tax-live/ 16:10 – Xero iOS app update – You can reconcile spend and receive transactions at the same time when doing find and match – WOOT! Xero Blog – Latest product news – September 2021 https://www.xero.com/blog/2021/09/product-news-sept-2021/ 19:30 – Apple announces first states signed up to adopt driver’s licenses and state IDs in Apple Wallet https://www.apple.com/newsroom/2021/09/apple-announces-first-states-to-adopt-drivers-licenses-and-state-ids-in-wallet/ 21:10 – Neat introduces NeatBooks and NeatInvoices https://www.accountingtoday.com/news/neat-introduces-neatbooks-and-neatinvoices 27:16 – New & Improved in FreshBooks: Team Cost Rates, Project Profitability, and More https://www.freshbooks.com/blog/product-updates-august-2021 28:03 – Square to launch a new paid subscription, Invoices Plus https://techcrunch.com/2021/08/30/square-to-launch-a-new-paid-subscription-invoices-plus/ 30:00 – Vic.ai, an AI-powered accounting automation platform, raises $50M https://venturebeat.com/2021/09/01/vic-ai-an-ai-powered-accounting-automation-platform-raises-50m/ 35:08 – Watch Google’s Super-powered AI Turn Pixelated Photos into Hi-res https://www.inputmag.com/tech/googles-ai-photo-upscaling-tool-borders-on-science-fiction Google’s New AI Photo Upscaling Tech is Jaw-Dropping https://petapixel.com/2021/08/30/googles-new-ai-photo-upscaling-tech-is-jaw-dropping/ 37:25 – Canopy integrates with QuickBooks Online https://www.accountingtoday.com/news/canopy-integrates-with-quickbooks-online 38:40 – Baker Tilly to acquire accounting tech services company https://www.accountingtoday.com/news/baker-tilly-to-acquire-accounting-tech-services-company-accttwo 40:48 – Another Exodus of NCR Employees and NCR Reportedly Kills Aloha Nextgen POS https://reformingretail.com/index.php/2021/08/31/another-exodus-of-ncr-employees-and-ncr-reportedly-kills-aloha-nextgen-pos/ 42:24 – IRS adds address change capability to Child Tax Credit portal https://www.accountingtoday.com/news/irs-adds-change-of-address-capability-to-child-tax-credit-portal 43:11 – Plaid CTO: Banks, FinTechs Must Turn ‘Transaction Data Mosaic’ Into Cohesive Service Offering https://www.pymnts.com/digital-first-banking/2021/plaid-cto-banks-fintechs-must-turn-transaction-data-mosaic-into-cohesive-service-offering/ 46:20 – Even a Marvel Superhero Knows How Horrible Working at a Big 4 Firm Can Be https://www.goingconcern.com/even-a-marvel-superhero-knows-how-horrible-working-at-a-big-4-firm-can-be/ 50:07 – The Accountant 2 Is a Done Deal, Ben Affleck & Jon Bernthal Will Both Return https://www.imdb.com/news/ni63411978 52:00 – Feedback from you, our excellent listeners! Thank you! 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher:

Sep 2, 2021

Sponsors Fyle: https://cloudaccountingpodcast.promo/fyle CPA Charge: https://cloudaccountingpodcast.promo/cpacharge Dark Horse: https://cloudaccountingpodcast.promo/darkhorse Show Notes 6:25 – Is it too hard to become a CPA? https://www.accountingtoday.com/opinion/is-it-too-hard-to-become-a-cpa 8:50 – Accounting profession having trouble with recruitment https://www.accountingtoday.com/news/accounting-profession-having-trouble-with-recruitment 11:00 – Most Companies Struggling to Hire Workers https://www.cfo.com/hiring/2021/08/most-companies-struggling-to-hire-workers/ 12:20 – Which College Programs Give Students the Best Bang for Their Buck? https://www.thirdway.org/report/which-college-programs-give-students-the-best-bang-for-their-buck 23:27 – “Entry-level” Jobs Require 3+ Years of Experience https://public.tableau.com/app/profile/nikastar/viz/2021W34Entry-leveljobsrequire3yearsofexperience_16297364426090/Dashboard1 29:19 – QuickBooks Live Bookkeeper Info https://www.intuit.com/careers/quickbooks-live-experts/ 31:58 – Intuit Bookkeeping Professional Certificate https://www.coursera.org/professional-certificates/intuit-bookkeeping 33:40 – How a Video Résumé Can Get You Hired in the Covid-19 Job Market https://www.wsj.com/articles/how-a-video-resume-can-get-you-hired-in-the-covid-19-job-market-11629457200 37:22 – Intuit Quarterly Results https://investors.intuit.com/financials/quarterly-results/default.aspx What’s new in QuickBooks Online: August 2021 https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-august-2021/ 45:44 – Why we’ve updated the bank reconciliation design https://www.xero.com/blog/2021/08/why-weve-updated-the-bank-reconciliation-design/ 50:32 – Incoming Updates! Start Using Focus Mode, Limit Screen Sharing, and Seamlessly Transfer Meetings https://blog.zoom.us/focus-mode-limit-screen-sharing-seamless-meeting-transfer/ 52:43 – Pry Financials raises $4.2M to make startup accounting more approachable https://techcrunch.com/2021/08/23/pry-financials-raises-4-2m-to-make-startup-accounting-more-approachable/ 53:43 – Ramp raises $300M at a $3.9B valuation, makes its first acquisition https://techcrunch.com/2021/08/24/ramp-raises-300m-at-a-3-9b-valuation-makes-its-first-acquisition/ 54:48 – Balance raises $25M in a Ribbit Capital-led Series A to grow its ‘consumer-like B2B checkout platform https://techcrunch.com/2021/08/25/balance-raises-25m-in-a-ribbit-capital-led-series-a-to-grow-its-consumer-like-b2b-checkout-platform/ 55:17 – Zeal Raises $13 Million Series A to Scale API Infrastructure Allowing Companies to Build Custom Payroll Products https://www.businesswire.com/news/home/20210827005003/en/Zeal-Raises-13-Million-Series-A-to-Scale-API-Infrastructure-Allowing-Companies-to-Build-Custom-Payroll-Products 55:46 – Brex Launches $150 Million Venture Debt Business https://www.theinformation.com/articles/brex-launches-150-million-venture-debt-business 56:40 – Finexio Raises $8M To Build Out AP Software Suite https://www.pymnts.com/accounts-payable/2021/finexio-accounts-payable/ 56:50 – Accounting platform Synder raises $2M https://startupworld.tech/accounting-platform-synder-raises-2m/ 57:26 – Sensibill and FreeAgent Partner to Offer Digital Receipt and Expense Management Solutions to Small Businesses https://www.businesswire.com/news/home/20210826005115/en/Sensibill-and-FreeAgent-Partner-to-Offer-Digital-Receipt-and-Expense-Management-Solutions-to-Small-Businesses 58:46 – Pry Versus Quickbooks https://pry.co/bookkeeping 60:34 – Short and Sweet – we got a review! Thanks, Vanessa! 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?&nbs...

Aug 26, 2021

Sponsors Rewind: https://cloudaccountingpodcast.promo/rewind AFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afo Client Hub: https://cloudaccountingpodcast.promo/clienthub Show Notes 1:40 – We’ve hit the big time! We’re 2,034 out of all podcasts in the universe! 2:05 – An Exclusive Guide to America's Top Private Companies https://www.inc.com/inc5000 4:00 – TikToker Shares How She Spent Millions of Dollars for Alabama Sorority at 19 https://www.insider.com/how-woman-handled-finances-for-alabama-sorority-as-teen-tiktok-2021-8 10:45 – Why this New York designer loves doing her own bookkeeping https://businessofhome.com/articles/why-this-new-york-designer-loves-doing-her-own-bookkeeping 14:36 – These People Who Work From Home Have a Secret: They Have Two Jobs https://www.wsj.com/articles/these-people-who-work-from-home-have-a-secret-they-have-two-jobs-11628866529 16:50 – The Remote Trend Of Working Two Jobs At The Same Time Without Both Companies Knowing https://www.forbes.com/sites/jackkelly/2021/08/15/the-remote-trend-of-working-two-jobs-at-the-same-time-without-both-companies-knowing/ 25:44 – PwC delays return to offices amid Delta spread https://www.accountingtoday.com/news/pwc-delays-return-to-offices-amid-delta-spread 27:00 – EY launches Career Path Accelerator Program https://www.accountingtoday.com/news/ey-launches-career-path-accelerator-program 33:15 – Better yet, why not get rid of the 150 hour requirement? Twitter thread: https://twitter.com/BlakeTOliver/status/1428364571954192393 CPA Exam Makeover Risks Raising Hurdles for Black Accountants https://news.bloombergtax.com/financial-accounting/cpa-exam-makeover-risks-raising-hurdles-for-black-accountants 34:09 – Art of Accounting: Buying a new suit https://www.accountingtoday.com/opinion/art-of-accounting-buying-a-new-suit 37:40 – PPP Loan Fraud: Fintechs Found to Be Much More Likely to OK Suspicious Loans https://www.bloomberg.com/news/articles/2021-08-17/fintechs-found-to-be-much-more-likely-to-ok-suspicious-ppp-loans 15% of Paycheck Protection Program Loans Could Be Fraudulent, Study Shows https://www.nytimes.com/2021/08/17/business/ppp-fraud-covid.html 42:48 – Afghanistan: What has the conflict cost the US and its allies? - BBC News https://www.bbc.com/news/world-47391821 45:30 – Accountants must play key role in application of AI | Accountancy Daily https://www.accountancydaily.co/accountants-must-play-key-role-application-ai 49:36 – QuickFee Integrates With Accounting Firm Xero https://www.pymnts.com/news/b2b-payments/2021/quickfee-integration-accounting-firm-xero/ 51:53 – Blue J Raises $9M in Series B Funding, Adds Key Personnel, Announces New Tax Diagramming Solution https://www.businesswire.com/news/home/20210810005199/en/Blue-J-Raises-9M-in-Series-B-Funding-Adds-Key-Personnel-Announces-New-Tax-Diagramming-Solution 55:16 – Credit Karma integrates Money software with QuickBooks Online Payroll https://www.accountingtoday.com/news/credit-karma-integrates-money-software-with-quickbooks-online-payroll 59:13 – We’ve got VOICEMAIL! Thank you, Ryan! 62:00 – New Reviews! Thank you, Joe Gamatoria, and Colaangel! 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Aug 19, 2021

Sponsors Fyle: https://cloudaccountingpodcast.promo/fyle AFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afo Rewind: https://cloudaccountingpodcast.promo/rewind Show Notes 01:30 – Blake and David talk smart homes, Zoom, and router recommendations, Mnuchin and movies. 7:55 – Updates of PPP Forgiveness 10:02 – Survey: COVID relief, changing laws were last tax season’s headaches https://www.accountingtoday.com/news/natp-survey-covid-relief-changing-laws-were-last-tax-seasons-headaches 12:20 – IRS Funding Surge Punted From Bipartisan Infrastructure Package https://www.govexec.com/workforce/2021/07/irs-funding-surge-punted-bipartisan-infrastructure-package/183873/ 13:26 – Cryptocurrency brawl bogs down infrastructure bill, as Yellen and White House fight changes https://www.washingtonpost.com/politics/2021/08/06/crypto-bitcoin-infrastructure-senate/ 18:00 – Closing date set for new Shuttered Venue Operator Grant applications https://www.journalofaccountancy.com/news/2021/aug/shuttered-venue-operator-grant-svog-application-closing-date.html 21:04 – Former Dixon comptroller Rita Crundwell released from prison early https://www.wifr.com/2021/08/05/former-dixon-comptroller-rita-crundwell-released-prison-early/?utm_source=pocket_mylist 22:25 – All the Queen’s Horses Documentary on YouTube – Free https://www.youtube.com/watch?v=dpr2A3S3CNk 24:05 – Hundreds of AI tools have been built to catch covid. None of them helped. https://www.technologyreview.com/2021/07/30/1030329/machine-learning-ai-failed-covid-hospital-diagnosis-pandemic/ 31:06 – Reflecting on the evolution of bank reconciliation at Xero https://www.xero.com/blog/2021/08/bank-reconciliation-evolution-at-xero/ 33:36 – Taking business banking to the next level with Revolut https://www.xero.com/blog/2021/08/revolut-next-level-business-banking/ More Reading on Xero: Xero Upgrades Bank Reconciliation Feature https://www.accountingweb.com/technology/accounting-software-news/xero-upgrades-bank-reconciliation-feature Xero revamps bank recs, injects AI https://www.accountingtoday.com/news/xero-revamps-bank-recs-injects-ai 36:43 – HR software company Gusto raises $175 million https://www.axios.com/gusto-fundraising-175-million-f2bb33ba-fced-4343-8a7b-0aa6a5d6dbbe.html Gusto Raises $175M in Series E Funding https://www.finsmes.com/2021/08/gusto-raises-175m-in-series-e-funding.html 38:20 – Accounting firm FreshBooks hits unicorn status, plans global growth after raising US$130-million https://financialpost.com/news/fp-street/accounting-firm-freshbooks-hits-unicorn-status-plans-global-growth-after-raising-us130-million 43:56 – 'Connected accounting' startup closes $13M funding round https://www.accountingtoday.com/news/connected-accounting-startup-lockstep-closes-13m-series-a-funding-round Lockstep Website https://lockstep.io/ 46:36 – New IRS tax collection notices offer QR code contact option https://www.dontmesswithtaxes.com/2021/08/redesigned-irs-tax-collection-notices-now-offer-qr-code-contact-option.html 47:36 – ZenBusiness Democratizes Small Business Finance With New All-Inclusive Payments App ZenBusiness Money https://www.businesswire.com/news/home/20210810005143/en/ZenBusiness-Democratizes-Small-Business-Finance-With-New-All-Inclusive-Payments-App-ZenBusiness-Money 50:29 – US Bank to Buy Bento Technologies https://www.pymnts.com/news/partnerships-acquisitions/2021/us-bank-to-buy-biz-expense-management-platform-bento-technologies/ 53:13 – Announcing Check + Quickbooks Online – Check https://www.checkhq.com/post/announcing-check-quickbooks-online?utm_source=pocket_mylist 53:44 – The news from you! We’ve got reviews! Thank you, Cbordeaux, Amanda from NOLA, Rachael, and Eddie Valls! 55:35 – As if reviews weren’t enough, we got voicemail! Thank you, Scott Scarano! 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

Aug 11, 2021

Sponsors CPA Charge: https://cloudaccountingpodcast.promo/cpacharge AFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afo Client Hub: https://cloudaccountingpodcast.promo/clienthub Show Notes 3:00 – Risk Assessment and COVID 10:30 – Square to Buy Installment Lender Afterpay for $29B https://www.cfo.com/ma/2021/08/square-to-buy-installment-lender-afterpay-for-29b/ 19:21 – Rootworks Acquires CPA Practice Advisor https://finance.yahoo.com/news/rootworks-acquires-cpa-practice-advisor-131500586.html 19:36 – Right Networks Acquires Rootworks https://www.rightnetworks.com/blog/right-networks-acquires-rootworks/ 20:57 – Windows 365 costs how much!? https://www.computerworld.com/article/3628169/windows-365-costs-how-much.html More Microsoft News: Microsoft's new collaboration tool wants to replace Google Workspace for good https://www.techradar.com/news/microsofts-new-collaboration-tool-wants-to-replace-google-workspace-for-good 4 Must-Know Features of Project Moca (a.k.a. Outlook Spaces) https://www.avepoint.com/blog/manage/outlook-spaces-project-moca/ 28:17 – Greenback is becoming Dext Commerce https://www.greenback.com/blog/greenback-and-dext/447 Dext debuts rebranded e-commerce solution https://www.accountingtoday.com/news/dext-debuts-rebranded-e-commerce-solution-following-acquisition 31:43 – Earth Class Mail: Mailbox Scan https://play.google.com/store/apps/details?id=io.delivered.ecm&hl=en&gl=US 33:37 – Introducing the new Xero App Store https://www.xero.com/blog/2021/08/introducing-new-xero-app-store/ 37:14 – Latest product news – August 2021 https://www.xero.com/blog/2021/08/latest-product-news-august-2021/ 38:20 – Zeni receives $34M in funding for AI bookkeeping https://www.accountingtoday.com/news/zeni-receives-34m-in-funding-for-ai-bookkeeping-and-accounting 48:30 –Meetings aren't killing productivity; data entry is https://zapier.com/blog/report-how-office-workers-spend-time 52:13 – 1 in 4 Former Employees Still Has Access to Files at Old Job https://smallbiztrends.com/2021/08/employees-access-files-former-employer.html 57:20 – Final Report - Advisory Committee on Open Banking https://www.canada.ca/en/department-finance/programs/consultations/2021/final-report-advisory-committee-open-banking.html 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: https://futurefirmaccelerate.com/ Ambitious Bookkeeper: http://bkworkshops.online/ Accounting Podcast Network: https://accountingpodcastnetwork.com/ Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Aug 7, 2021

Sponsors Fyle: https://cloudaccountingpodcast.promo/fyle Rewind: https://cloudaccountingpodcast.promo/rewind AFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afo Show Notes 2:00 – A rundown of our visit to AICPA Engage in Vegas, plus news on some other upcoming events. You can find out more about the latest, greatest accounting conferences here: https://accountingconferences.com 12:00 – SBA Announces Opening of Paycheck Protection Program Direct Forgiveness Portal https://www.sba.gov/article/2021/jul/28/sba-announces-opening-paycheck-protection-program-direct-forgiveness-portal 12:17 – Small Business Administration to Revamp PPP Forgiveness in Bid to End Historic Program https://www.politico.com/news/2021/07/27/paycheck-protection-program-ending-501046 13:49 – Nearly 500 taxpayers had over $150M in their IRAs https://www.accountingtoday.com/news/nearly-500-taxpayers-had-over-150m-in-their-iras 16:53 – New IRA product allows for tax-free Bitcoin mining https://www.accountingtoday.com/articles/new-ira-product-allows-for-tax-free-bitcoin-mining 21:02 – Fed's Brainard: Can't wrap head around not having U.S. central bank digital currency https://reut.rs/3ygDh7S 23:10 – Tether Executives Said to Face Criminal Probe into Bank Fraud https://www.bloomberg.com/news/articles/2021-07-26/tether-executives-said-to-face-criminal-probe-into-bank-fraud 24:40 – 74% of Consumers Prefer Texting with Businesses if a Real Person is Texting Back https://smallbiztrends.com/2021/07/customers-prefer-texting-business-real-people.html 27:16 – Small businesses face bookkeeping challenges, overdue invoices during pandemic https://www.accountingtoday.com/news/small-businesses-face-bookkeeping-challenges-overdue-invoices-during-pandemic 32:17 – It doesn’t fucking matter https://medium.com/@thedannorris/it-doesnt-fucking-matter-391a399c7caa 40:11 – Homebase raises $71M for a team management platform aimed at SMBs and their hourly workers – TechCrunch https://techcrunch.com/2021/07/29/homebase-raises-71m-for-a-team-management-platform-aimed-at-smbs-and-their-hourly-workers/ 43:40 – Xero says accounting software users were locked out by login glitch, not nefarious deeds https://www.theregister.com/2021/07/28/xero_login_glitch_resolved/ 45:42 – New & Improved in FreshBooks: Advanced Client Search, KeyPay Payroll, and More https://www.freshbooks.com/blog/product-updates-july-2021 46:40 – Sage Q3 2021 Results https://www.sage.com/investors/financial-information/results/ 47:41 – Introducing Zoom Apps: Use the Apps You Love, Right in Zoom https://blog.zoom.us/start-using-zoom-apps/ 48:47 – PandaDoc for Zoom https://marketplace.zoom.us/apps/hHK3qVpjTCycz2xXS249gA 50:22 – Summit invests $215M into Odoo, an open-source business management software developer, at a $2.3B+ valuation https://techcrunch.com/2021/07/29/summit-invests-215m-into-odoo-an-open-source-business-management-software-developer-at-a-2-3b-valuation/ 51:12 – We’ve Got Reviews! Thanks, Smackramen, and Brianqzo! 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: https://futurefirmaccelerate.com/ Ambitious Bookkeeper: http://bkworkshops.online/ Accounting Podcast Network:

Aug 2, 2021

Sponsors Rewind: https://cloudaccountingpodcast.promo/rewind Odoo: https://cloudaccountingpodcast.promo/odoo Dark Horse: https://cloudaccountingpodcast.promo/darkhorse Show Notes 11: 51 – AICPA is now targeting high school counselors to build up the accounting profession 13:22 – ‘Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Off https://www.wsj.com/articles/financially-hobbled-for-life-the-elite-masters-degrees-that-dont-pay-off-11625752773 17:47 – Graduates should expect to work 12-hour days and 6 days a week to really master their jobs, says JPMorgan exec https://www.businessinsider.com/jpmorgan-exec-graduates-should-work-12-hour-days-6-day-weeks-2021-7 23:17 – AICPA Town Hall Series – July 22, 2021 http://townhall.aicpa.libsynpro.com/aicpa-town-hall-series-july-22-2021 25:38 – The Sad State of Accounting Standards https://www.accountingtoday.com/opinion/the-sad-state-of-accounting-standards 34:15 – Video Gaming the System https://www.npr.org/2021/07/21/1018915121/video-gaming-the-system 37:30 – The SBA's PPP Loan Forgiveness Portal Is Coming https://www.inc.com/brit-morse/ppp-loan-forgiveness-portal-small-business-administration-paycheck-protection-program.html 38: 51 – Bill.com to acquire Invoice2go in $625M deal https://www.accountingtoday.com/news/bill-com-to-acquire-invoice2go-in-625m-deal 43:44 – Square launches checking and savings accounts for small businesses https://www.theverge.com/2021/7/20/22585365/square-banking-checking-savings-business-accounts 44:16 – FloQast scores $110M in latest funding round https://www.accountingtoday.com/news/floqast-scores-110m-in-latest-funding-round 45:15 – Finance Chiefs Are Still Trying to Replace Excel With New Tools https://www.wsj.com/articles/finance-chiefs-are-still-trying-to-replace-excel-with-new-tools-11626859801 48:52 – Visa acquires Currencycloud, which makes APIs for remittances and currency transfers, in a $963M deal https://techcrunch.com/2021/07/22/visa-acquires-currencycloud-which-makes-apis-for-remittances-and-currency-transfers-in-a-963m-deal/ 49:50 – Anduin earmarks $14M seed round for intelligent practice management https://www.accountingtoday.com/news/anduin-earmarks-14m-seed-round-for-intelligent-practice-management 50:38 – What’s new in QuickBooks Online: July 2021 https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-july-2021/ 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: https://futurefirmaccelerate.com/ Xero: A Comprehensive Guide for Accountants and Bookkeepers Accounting Podcast Network: https://accountingpodcastnetwork.com/ Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jul 25, 2021

Follow Ben Richmond https://www.linkedin.com/in/ben-richmond-ca-b8794220/ https://twitter.com/benrichmond1 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jul 25, 2021

Sponsors Practice Ignition: https://cloudaccountingpodcast.promo/pi AFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afo Odoo: https://cloudaccountingpodcast.promo/odoo Show Notes Live from NOLA – The Cloud Accounting Podcast is on the road again! 5:25 – Banks Are Reversing Course on PPP Loans to Small Business Owners https://theintercept.com/2021/07/12/covid-banks-sba-ppp-loans/ 6:47 – We’ve got Voicemail! Thank you, Ray! 7:32 – This Way to CPA https://www.thiswaytocpa.com/ 9:15 – TurboTax-Maker Intuit Will Leave Free Tax Filing Partnership With IRS https://www.propublica.org/article/turbotax-maker-intuit-will-leave-free-tax-filing-partnership-with-irs 13:20 – Accelerating Technology Innovation to Better Help Consumers Solve Their Most Pressing Financial Problems https://www.intuit.com/blog/news-social/accelerating-technology-innovation-to-better-help-consumers-solve-their-most-pressing-financial-problems/ 18:12 – Ivix receives $13M in funding to help fight tax evasion https://www.accountingtoday.com/news/ivix-receives-13m-in-seed-funding-to-help-authorities-combat-tax-evasion 20:32 – IRS offers online tools for managing Child Tax Credit payments https://www.accountingtoday.com/news/irs-offers-online-tools-for-managing-child-tax-credit-payments 23:08 – Pulling B2B Bartering From Underground And Into A Cash-Management Strategy https://www.pymnts.com/news/b2b-payments/2021/barterpay-bartering-commerce-cash-flow/ 25:21 – Introducing Relay Pro https://relayfi.com/blog/Introducing-Relay-Pro 27:09 – Gusto Cashout – Another Easy Employee Benefit https://bizhippo.com/blog/gusto-cashout-employee-benefit/ Cashout employee overview https://support.gusto.com/benefits/gusto-wallet/cashout/1532856101/Cashout-employee-overview.htm 31:54 – Real estate accounting tech company Proper raises $9M in funding https://www.accountingtoday.com/news/real-estate-accounting-tech-company-proper-raises-9m-in-funding 34:45 – Check out the Proper website here: https://proper.ai/ 38:05 – Remote raises $150M on a $1B+ valuation to manage payroll and more for organizations’ global workforces – TechCrunch https://techcrunch.com/2021/07/13/remote-raises-150m-on-a-1b-valuation-to-manage-payroll-and-more-for-organizations-global-workforces/ 40:12 – Xero introduces AI-powered analytics tool https://www.accountingtoday.com/news/xero-introduces-ai-powered-analytics-tool 43:07 – A new way to get paid: Introducing the QuickBooks Card Reader for mobile and contactless payments https://quickbooks.intuit.com/blog/whats-new/a-new-way-to-get-paid-introducing-the-quickbooks-card-reader-for-mobile-and-contactless-payments/ 45:08 – Apple Working on ‘Buy Now, Pay Later’ Plan https://www.cfo.com/credit/2021/07/apple-working-on-buy-now-pay-later-plan/ 48:16 – Revolut confirms a fresh $800M in funding at a $33B valuation to supercharge its financial services superapp https://techcrunch.com/2021/07/15/revolut-confirms-a-fresh-800m-in-funding-at-a-33b-valuation-to-supercharge-its-financial-services-superapp/amp/ 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: https://futurefirmaccelerate.co...

Jul 17, 2021

Sponsors Synder: https://cloudaccountingpodcast.promo/synder Odoo: https://cloudaccountingpodcast.promo/odoo Dark Horse: https://cloudaccountingpodcast.promo/darkhorse Show Notes 4:48 – Trump Organization Is Charged With Running 15-Year Employee Tax Scheme https://www.pymnts.com/news/investment-tracker/2021/bolt-seeking-300m-in-next-fundraising-round/ 13:35 – June Job Report? Employers added 850K jobs in June, including 2.8K in accounting https://www.accountingtoday.com/news/employers-added-850k-jobs-in-june-including-2-8k-in-accounting 13:50– U.S. Job Openings Hit Record 9.2M in May https://www.newsbreak.com/news/2303009196462/u-s-job-openings-hit-record-9-2m-in-may 16:37 – SBA to Drop Its Review of PPP Loans of $2 Million and Above https://www.inc.com/diana-ransom/small-business-administration-ppp-loan-necessity-questionnaire.html 19:45 – Biden Plan’s Higher Taxation of Businesses Would Boost Collections to Highest in 40-Plus Years https://taxfoundation.org/biden-business-tax-collections/ 23:09 – Art of Accounting: Qualities that make someone a partner https://www.accountingtoday.com/opinion/art-of-accounting-qualities-that-make-someone-a-partner 25:48 – When Money Is No Object https://www.wsj.com/articles/when-money-is-no-object-11625839202 29:48 – SURVEY: CPA Firms Reject Staff Vaccine Mandates https://cpatrendlines.com/2021/07/07/survey-hybrid-of-remote-and-on-site-work-is-here-to-stay/ 31:30 – EisnerAmper adds tech firm https://www.accountingtoday.com/news/eisneramper-adds-tech-firm-zentek-data-systems 33:35 – Sage X3 software vulnerability found, addressed https://www.accountingtoday.com/news/sage-x3-software-vulnerability-found-addressed 35:29 – Paycom Launches Beti, an Industry-First Employee-Driven Payroll Solution https://www.businesswire.com/news/home/20210706005447/en/Paycom-Launches-Beti-an-Industry-First-Employee-Driven-Payroll-Solution 38:59 – Welcoming Symmetry to Gusto https://gusto.com/company-news/welcoming-symmetry-to-gusto 44:38 – New & Improved in FreshBooks: Recurring Revenue Widget, Reply-To Emails, and More https://www.freshbooks.com/blog/product-updates-june-2021 45:36 – Liberty Tax acquired by NextPoint https://www.accountingtoday.com/news/liberty-tax-acquired-by-nextpoint 47:45 – PSA: Chime Banking App Is Closing Accounts and Withholding Peoples’ Money https://www.reviewgeek.com/91482/psa-chime-banking-app-is-closing-accounts-and-withholding-peoples-money/ A Banking App Has Been Suddenly Closing Accounts, Sometimes Not Returning Customers’ Money — ProPublica https://www.propublica.org/article/chime 51:52 – Fired by Bot at Amazon: ‘It’s You Against the Machine’ https://www.bloomberg.com/news/features/2021-06-28/fired-by-bot-amazon-turns-to-machine-managers-and-workers-are-losing-out 53:40 – Quote: “All your automated processes should start with a human interaction and end with a human interaction” 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: https://futurefirmaccelerate.com/ Xero: A Comprehensive Guide for Accountants and Bookkeepers Accounting...

Jul 14, 2021

Follow Ted Callahan https://www.linkedin.com/in/tedcallahan/ https://twitter.com/_tedcallahan Sunset TradeGecko https://www.tradegecko.com/sunset 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jul 8, 2021

Sponsors Odoo: https://cloudaccountingpodcast.promo/odoo Dark Horse: https://cloudaccountingpodcast.promo/darkhorse AFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afo Show Notes 2:49 – Blake and David talk high-tech dining 10:00 – A listener voicemail about the CPA get/not get issue! Thanks, Byron! 16:54 – Proposed bill to regulate tax preparers has AICPA support - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/jun/proposed-bill-to-regulate-tax-preparers-has-aicpa-support.html 19:41 – Taxpayer Advocate prods IRS to improve service, reduce backlog https://www.accountingtoday.com/news/taxpayer-advocate-prods-irs-to-improve-service-reduce-backlog 21:43 ­– Why call the IRS when you call us and tell us your CPA and IRS troubles? We guarantee you’ll have a better chance of us hearing you than if you called the IRS! (202) 695-1040 22:18 – Gusto is now offering pieces of its service to other companies via API – TechCrunch https://techcrunch.com/2021/06/30/2171608/ 22:55 – Gusto Embedded Payroll https://gusto.com/embedded-payroll/ 26:13 – Intuit to Share Payroll Data from 1.4M Small Businesses With Equifax https://krebsonsecurity.com/2021/07/intuit-to-share-payroll-data-from-1-4m-small-businesses-with-equifax/ 31:20 – Latest product news – July 2021 https://www.xero.com/blog/2021/07/latest-product-news-july-2021/ 33:05 – ServiceTitan acquires Aspire to move into landscaping, raises $200M at a $9.5B valuation – TechCrunch https://techcrunch.com/2021/06/30/servicetitan-acquires-aspire-to-move-into-landscaping-raises-200m-at-a-9-5b-valuation/ 35:58 – Slice Launches Pizzeria Payment Platform https://www.pymnts.com/restaurant-innovation/2021/fintech-goes-niche-with-slice-pizzeria-payment-platform/ 36:48 – Slice Is Giving 50 Winners $500 & Free Pizza for a Year https://www.thrillist.com/news/nation/slice-app-giving-free-pizza-for-a-year 37:35 – LegalZoom shares jump 35% in market debut; CEO sees further opportunity in online legal services https://www.cnbc.com/2021/06/30/legalzoom-debuted-up-30percent-ceo-sells-further-push-into-digital-market.html 38:22 – Canopy scores $11M in funding for tax practice management software https://www.accountingtoday.com/news/canopy-scores-11m-in-funding-for-tax-practice-management-software 42:07 – How Two Start-ups Made a Fortune in Fees on P.P.P. Loans - The New York Times https://www.nytimes.com/2021/06/27/business/ppp-relief-loans-blueacorn-womply.html 45:07 – Robinhood to Pay $70M to Settle FINRA Probe https://www.cfo.com/regulation/2021/06/robinhood-to-pay-70m-to-settle-finra-probe/ 46:48 – Squarespace Survey Reveals Gen Z Find Digital Life More Important And Memorable Than In-Person Life https://newsroom.squarespace.com/blog/squarespace-survey-reveals-genz 48:34 – Accountants more likely to return to offices than others: Study https://www.accountingtoday.com/list/accountants-more-likely-to-return-to-offices-than-other-businesses-study 49:30 – Do Chance Meetings at the Office Boost Innovation? There’s No Evidence of It. https://www.nytimes.com/2021/06/23/upshot/remote-work-innovation-office.html 51:03 – 56% of Employees Believe Too Many Meetings Affecting Job Performance https://smallbiztrends.com/2021/07/meetings-affecting-job-performance.html 55:14 – Melio Selects Colorado to Power its Explosive U.S. Growth | Colorado Office of Economic Development and International Trade https://oedit.colorado.gov/press-release/melio-selects-colorado-to-power-its-explosive-us-growth 55:32 – Many Companies Want Remote Workers—Except From Colorado https://www.wsj.com/articles/many-companies-want-remote-workersexcept-from-colorado-11623937649 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:

Jul 1, 2021

Sponsors Rewind: https://cloudaccountingpodcast.promo/rewind Uncat: https://cloudaccountingpodcast.promo/uncat Odoo: https://cloudaccountingpodcast.promo/odoo Show Notes 1:20 – David is LIVE (well, recorded) from the brand-new Accounting Podcast Network recording studio! Check out our Instagram for a pictorial view - @cloudacctpod 2:20 – Welcome to all our new listeners from the BKX conference! 5:45 – SuiteWorld will be back in Las Vegas - insightfulaccountant.com https://www.intuitiveaccountant.com/accounting-tech/vendor-news/suiteworld-will-be-back-in-las-vegas/ 6:15 – Find all the latest, greatest accounting conference news here: AccountingConferences.com 8:10 – How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank — ProPublica https://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a-5-billion-dollar-tax-free-piggy-bank 10:25 – ProPublica Tells Only Half the Story on Taxes https://www.wsj.com/articles/propublica-tells-only-half-the-story-on-taxes-11624464637 11:38 – Antivirus software pioneer John McAfee dies in prison https://www.accountingtoday.com/articles/john-mcafee-antivirus-software-pioneer-found-dead-in-prison 26:00 - Bobby Bonilla Day https://www.npr.org/2021/06/25/1010404697/bobby-bonilla-day Bobby Bonilla Day: 10 other athletes who are getting big checks from deferred payments https://www.cbssports.com/mlb/news/bobby-bonilla-day-10-other-athletes-who-are-getting-big-checks-from-deferred-payments 28:47 – Listener Voicemails – Why I didn’t get a CPA. Thank you, Mr. Three Cents, and Carla (sp?) from Lewisville, TX! 35:04 – The Accounting Profession Is Running Low on CPAs, But There’s an Obvious (and Completely Ignored) Fix For That https://www.goingconcern.com/accounting-talent-shortage-and-cpa-exam-expectations/ 41:13 – Visa Buys Swedish Fintech Tink for More Than $2 Billion https://www.wsj.com/articles/visa-buys-swedish-fintech-tink-for-more-than-2-billion-11624528687 Visa Acquiring Swedish Open Banking Platform Tink https://www.pymnts.com/news/partnerships-acquisitions/2021/visa-acquiring-swedish-open-banking-platform-tink-for-2-1b/ 42:31 – What’s new in QuickBooks Online: June 2021 https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-june-2021/ 45:20 – H&R Block’s Wave unit plans new AR abilities https://www.accountingtoday.com/news/h-r-blocks-wave-unit-plans-new-ar-abilities 47:58 – Announcing the first payroll products built on Check - Check https://www.checkhq.com/post/announcing-the-first-payroll-products-built-on-check 50:14 – Tech news: FloQast releases request management tool for monthly close, and more https://www.accountingtoday.com/list/floqast-releases-request-management-tool-for-monthly-close 51:40 – Venmo Is About to Get More Expensive for Millions to Use https://money.com/venmo-fee-changes-email/ 56:40 – This Bachelor Fan Figured Out Who Won Colton Underwood’s Season With Venmo https://www.cosmopolitan.com/entertainment/celebs/a30350953/bachelor-venmo-winner-colton-underwood/ 57:33 – PwC Restructures for Future of Bots, Post-Covid Advisory Boom https://news.bloombergtax.com/financial-accounting/pwc-restructures-for-future-of-bots-post-covid-advisory-boom 58:29 – Deloitte tells its 20,000 UK employees they can work from home forever https://www.independent.co.uk/life-style/deloitte-work-from-home-employees-b1868977.html 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:/...

Jun 24, 2021

Sponsors Practice Ignition: https://cloudaccountingpodcast.promo/pi Odoo: https://cloudaccountingpodcast.promo/odoo Client Hub: https://cloudaccountingpodcast.promo/clienthub Show Notes 1:56 – David talks specifics on Bookkeepers.com 5:54 – The IMA Is Beefing With the AICPA and NASBA Over the Future of Accounting Education https://www.goingconcern.com/the-ima-is-beefing-with-the-aicpa-and-nasba-over-the-future-of-accounting-education/ 6:22 – AICPA, NASBA launch CPA Evolution Model Curriculum - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/jun/aicpa-nasba-launch-cpa-evolution-model-curriculum.html IMA pushes back on CPA Evolution https://www.accountingtoday.com/news/ima-pushes-back-on-cpa-evolution 13:20 – Time commitment, relevance push people away from CPA Exam https://www.accountingtoday.com/news/time-commitment-career-relevance-push-young-people-away-from-cpa-exam 13:40 – A CPA Pipeline Report: Decoding the Decline https://www.icpas.org/information/professional-issues/decoding-the-decline 17:58 – Let us know your take on the CPA – if you have it, if you don’t, if you’re thinking about it …Tell us why you love it, hate it, or feel nothing about it! Call us at 202.695.1040! 18:40 – We’ve got voicemail! Thank you Chris, from Guam! 21:54 – SPAC Deals Slow Dramatically After Move by SEC | Los Angeles Business Journal https://labusinessjournal.com/news/2021/jun/21/spac-deals-slow-dramatically-sec-changes/ 22:20 – SPAC IPO Market Slowly Resurfaces With Play-it-Safe Accounting https://news.bloombergtax.com/financial-accounting/spac-ipo-market-slowly-resurfaces-with-play-it-safe-accounting 23:10 – The Lordstown Motors Mirage: Fake Orders, Undisclosed Production Hurdles, And A Prototype Inferno https://hindenburgresearch.com/lordstown/ 23: 51 – Top Lordstown Motors executives out as SPAC-backed startup teeters https://www.freightwaves.com/news/top-lordstown-motors-executives-out-as-spac-backed-startup-teeters 26:35 [Expensify] WhatsApp + Splitwise = Expensify.cash (now open for early access) https://community.expensify.com/discussion/8302/whatsapp-splitwise-expensify-cash-now-open-for-early-access 33:06 – The Expensify Discussion on Blake’s Twitter: https://twitter.com/BlakeTOliver/status/1405745448380366848 37:15 – AmEx opens first business banking accounts https://www.finextra.com/newsarticle/38256/amex-opens-first-business-banking-accounts 39:10 – Novo, a neobank for SMBs, banks $41M https://techcrunch.com/2021/06/16/novo-a-neobank-for-smbs-banks-41m/ 40:20 – Unit Raises $51M To Expand Products, Integrations https://www.pymnts.com/news/investment-tracker/2021/unit-raises-51-million-dollars-expand-finserv-products-integrations/ 43:28 – Gusto makes first acquisition, buying Ardius to expand into R&D tax credits – TechCrunch https://techcrunch.com/2021/06/17/gusto-makes-first-acquisition-buying-ardius-to-expand-into-rd-tax-credits/ 46:00 – Sunsetting of the QuickBooks Commerce standalone product (formerly TradeGecko) https://commerce.intuit.com/register 50:18 – Fastly: The Right Way to Apologize for an Outage | SaaStr https://www.saastr.com/fastly-the-right-way-to-apologize-for-an-outage/ 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast <...

Jun 18, 2021

Sponsors CPA Charge: https://cloudaccountingpodcast.promo/cpacharge Odoo: https://cloudaccountingpodcast.promo/odoo Rewind: https://cloudaccountingpodcast.promo/rewind Show Notes 4:25 – Bill would make accounting part of STEM education https://www.accountingtoday.com/news/lawmakers-introduce-bill-to-make-accounting-part-of-stem-education 5:47 – Accounting in schools down for the count https://www.newsroom.co.nz/accounting-in-schools-on-the-chopping-block 10:24 – The best cities for accountants in 2021 https://www.accountingtoday.com/list/the-best-cities-for-accountants-in-2021 12:46 – The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax 18:11 – Let us know what you think about the secret IRS files, and whatever else we talk about! We’d love to hear from you! (202) 695-1040. 18:30 – Speaking of your thoughts, we got a voicemail! Thank you, Harry Gottlieb! 24:07 – Microsoft Excel Esports Tournament Is Real And Actually Happening https://www.gamespot.com/articles/microsoft-excel-esports-tournament-is-real-and-actually-happening/1100-6492464/ 28:15 – Osome raises $16M to automate repetitive accounting tasks https://venturebeat.com/2021/06/10/osome-raises-16m-to-automate-repetitive-accounting-tasks/ 29:35 – Corporate services “superapp” Osome lands $16M Series A https://techcrunch.com/2021/06/10/corporate-services-super-app-osome-lands-16m-series-a/ Super app for SMEs Osome raises $16 million https://www.finextra.com/pressarticle/88040/super-app-for-smes-osome-raises-16-million 31:00 – Pennylane raises $18.3 million for its accounting service – TechCrunch https://techcrunch.com/2021/06/09/pennylane-raises-18-3-million-for-its-accounting-service/ https://www.pennylane.tech/ 33:06 – Mark Cuban-Backed Personal Finance App Dave to Go Public in $4 Billion SPAC Deal https://www.wsj.com/articles/mark-cuban-backed-personal-finance-app-dave-to-go-public-in-4-billion-spac-deal-11623085304 34:22 – Stripe Launches Global Tax Compliance Service https://www.pymnts.com/taxes/2021/stripe-launches-global-tax-compliance-service/ 36:00 – SEC warnings on SPACs dampen deals, boost accounting services https://www.accountingtoday.com/news/sec-warnings-on-spacs-dampen-deals-and-accounting-services 38:42 – SPAC transactions come to a halt amid SEC crackdown, cooling retail investor interest https://www.cnbc.com/2021/04/21/spac-transactions-come-to-a-halt-amid-sec-crackdown-cooling-retail-investor-interest.html 40:22 – SPAC IPO Audits Dominated by Niche Firms as Big Four Stand Aside https://news.bloombergtax.com/financial-accounting/spac-ipo-audits-dominated-by-niche-firms-as-big-four-stand-aside 42:30 – SPAC Pullback Pressures Creators to Find Quality Mergers https://www.wsj.com/articles/spac-pullback-pressures-creators-to-find-quality-mergers-11622494564 SPAC Selloff Bruises Individual Investors https://www.wsj.com/articles/spac-selloff-bruises-individual-investors-11621396808 44:12 – Amanda Aguillard named COO of Padgett https://www.accountingtoday.com/news/amanda-aguillard-named-coo-of-padgett 45:43 – Accountants in Industry Expect Economic Boom https://cpatrendlines.com/2021/06/03/accountants-in-industry-brace-for-economic-boom/ 45:56 – Technology Fills the Gap as Jobs Lag GDP https://www.wsj.com/articles/technology-fills-the-gap-as-jobs-lag-gdp-11623250495 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...

Jun 11, 2021

Sponsors Odoo: https://cloudaccountingpodcast.promo/odoo Client Hub: https://cloudaccountingpodcast.promo/clienthub Rewind: https://cloudaccountingpodcast.promo/rewind Meet Liz LinkedIn: https://www.linkedin.com/in/masonliz/ Twitter: https://twitter.com/lizzynorma Website: https://highrock.co/ Show Notes 1:12 – Meet our guest, Liz Mason, CEO and Founder of High Rock Accounting 2:46 – Is the Maricopa County election audit truly an audit? Here's what professional auditors have to say … https://www.azcentral.com/story/news/politics/elections/2021/06/01/professional-auditors-take-a-look-at-arizona-senate-audit-of-maricopa-county-2020-election/5212065001/ 6:08 – Liz gives us the scoop on her excited, and busy world! 8:17 – Gensler Ousts PCAOB Chair; Other Board Members to Follow https://www.cfo.com/auditing/2021/06/gensler-ousts-pcaob-chair-other-board-members-to-follow/ Duhnke removed as PCAOB chair as transition to new board begins - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/jun/new-pcaob-transition-duhnke-removed-as-chair.html 10:00 – Intuit Answers Questions About ProAdvisor Pricing https://report.woodard.com/articles/intuit-answers-questions-about-proadvisor-pricing-fpwr 10:05 – Upcoming changes: Accountant discounts and QuickBooks Online pricing - Firm of the Future https://www.firmofthefuture.com/content/papp-faqs/ 10:52 – QuickBooks Online Price Changes - insightfulaccountant.com https://www.intuitiveaccountant.com/accounting-tech/general-ledger/quickbooks-online-price-changes/ 19:35 – Bench Raises $60 Million USD Series C and Expands Beyond Accounting with Launch of Bench Banking https://www.businesswire.com/news/home/20210603005032/en/Bench-Raises-60-Million-USD-Series-C-and-Expands-Beyond-Accounting-with-Launch-of-Bench-Banking 21:43 – Shopify adds to list of strategic deals with investment in Vancouver’s Bench Accounting https://www.theglobeandmail.com/business/article-shopify-invests-in-vancouvers-bench-accounting/ 29:26 – Clio Legal Software https://www.clio.com/ 30:18 – The Job Ahead: Small businesses and the global economic recovery https://www.xero.com/content/dam/xero/images/xsbi/the-job-ahead-may-2021.pdf 33:05 – Nearly half of firms say COVID-19 spurred innovation, growth: Study https://www.accountingtoday.com/news/nearly-half-of-firms-say-covid-19-spurred-innovation-growth-study 42:50 – Liz zeroes in on Rebel Rock, the cannabis-focused spinoff of High Rock https://rebelrock.co/ 46:30 – Sage 2021 Close the Books Survey reveals businesses can shorten close process times by 36 percent by switching from spreadsheets to cloud financial management https://www.globenewswire.com/news-release/2021/06/02/2240469/0/en/Sage-2021-Close-the-Books-Survey-reveals-businesses-can-shorten-close-process-times-by-36-percent-by-switching-from-spreadsheets-to-cloud-financial-management.html 48:19 – Thanks to Joe in Los Angeles for calling in! Latest product news – June 2021 https://www.xero.com/blog/2021/06/latest-product-news-june-2021/ 55:01 – David discusses the Greenback app integrations https://www.greenback.com/ 56:03 – We got a review! Thank you, App Ninha! 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Jun 6, 2021

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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Jun 4, 2021

Sponsors Rewind: https://cloudaccountingpodcast.promo/rewind Uncat: https://cloudaccountingpodcast.promo/uncat Odoo: https://cloudaccountingpodcast.promo/odoo Show Notes 5:41 – Warren, Sanders Urge SEC to Immediately Remove and Replace Members of the Public Company Accounting Oversight Board – YubaNet https://yubanet.com/usa/warren-sanders-urge-sec-to-immediately-remove-and-replace-members-of-the-public-company-accounting-oversight-board/ 7:11 – KPMG launches relaxed work policies to combat remote work fatigue https://www.accountingtoday.com/news/kpmg-launches-relaxed-work-policies-to-combat-remote-work-fatigue 12:47 – Congress Investigates PPP Fraud at Fintech Lenders BlueVine and Kabbage https://www.businessinsider.com/congress-investigates-ppp-fraud-at-fintech-lenders-bluevine-and-kabbage-2021-5 18:39 – IRS is trying to catch stimulus payment fraud, but billions may have been paid https://www.accountingtoday.com/news/irs-is-trying-to-catch-stimulus-payment-fraud-but-billions-may-have-been-paid 20:34 – Digital Dollar Project to launch five U.S. central bank digital currency pilots https://www.reuters.com/business/finance/digital-dollar-project-launch-five-us-central-bank-digital-currency-pilots-2021-05-03/ 24:03 – China bans financial, payment institutions from cryptocurrency business https://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18/ 26:24 – Opinion | Ban Cryptocurrency to Fight Ransomware https://www.wsj.com/articles/ban-cryptocurrency-to-fight-ransomware-11621962831 28:33 – Is Bitcoin a Buy? https://www.cfo.com/cash-management/2021/05/is-bitcoin-a-buy/ 29:24 – Treasury calls for crypto transfers over $10K to be reported https://www.accountingtoday.com/articles/treasury-calls-for-crypto-transfers-over-10-000-to-be-reported-to-irs 30:24 – 2021 Reader's Choice Awards: The Tech Getting Us Through the Pandemic https://www.cpapracticeadvisor.com/accounting-audit/article/21215751/2021-readers-choice-awards-the-tech-getting-us-through-the-pandemic 34:19 – Step in the time machine and visit PCSAI.com – See for yourself! http://pcsai .com/ 43:08 – IRS tests secure transcript technology for tax pros https://www.accountingtoday.com/news/irs-tests-secure-transcript-technology-for-tax-pros 45:09 – Square may soon offer small-business checking and savings accounts, app code shows https://www.bankingdive.com/news/square-small-business-checking-savings-accounts/600734/ 46:05 – Avalara for Accountants is live https://www.accountingtoday.com/news/avalara-for-accountants-is-live 47:45 – Revolut adds invoicing for SMBs as it builds out ‘financial super app’ https://www.emarketer.com/content/revolut-adds-invoicing-smbs-builds-financial-super-app 49:55 – Bookkeep.com™ Secures $3.3 Million in Venture Financing led by Lerer Hippeau https://bookkeep.com/bookkeep-secures-3-3-million-in-venture-financing/ 51:16 – Bookkeeper360 Announces Integration with QuickBooks Online and Pay-as-you-go Accounting https://www.prnewswire.com/news-releases/bookkeeper360-announces-integration-with-quickbooks-online-and-pay-as-you-go-accounting-301300723.html 52:59 – What's New in Sage Intacct's Release 2 2021 https://www.accttwo.com/blog/whats-new-in-sage-intaccts-release-2-2021 54:28 – Sage launches its first Sage Intacct data centre in Canada Channel Daily News https://channeldailynews.com/news/sage-launches-its-first-sage-intacct-data-centre-in-canada/74091 54:59 – Got Tech Neck? Check this out! Tech Neck Prevention Tips https://smallbiztrends.com/2021/05/tech-neck-prevention.html 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

May 27, 2021

Sponsors Client Hub: https://cloudaccountingpodcast.promo/clienthub Odoo: https://cloudaccountingpodcast.promo/odoo Show Notes 1:12 – Welcome Kristen Keats, founder of Breakaway Bookkeeping & Advising, and practice owner at Sherwood Tax & Accounting 12:17 – David’s Rant of the Week – Virtual conferences suck 16:45 – REVIEW! Thank you, Jolen.opyc! 18:06 – KPMG Canada launches cloud accounting solution for SMEs https://www.consulting.ca/news/2273/kpmg-canada-launches-cloud-accounting-solution-for-smes 24:06 – Burnout Is Real, On the Rise, and Retractable https://www-psychologytoday-com.cdn.ampproject.org/c/s/www.psychologytoday.com/us/blog/mental-health-in-the-workplace/202008/burnout-is-real-the-rise-and-retractable?amp 28:50 – Restaurant Revitalization Fund to stop accepting applications Monday - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/may/sba-loan-restaurant-revitalization-fund-to-stop-accepting-applications.html 29:11 – SBA will close Restaurant Revitalization Fund on Monday — just 3 weeks after opening https://www.restaurantdive.com/news/sba-will-close-restaurant-revitalization-fund-on-monday-just-3-weeks-afte/600476/ Restaurant Revitalization Fund faces huge funding shortfall https://www.journalofaccountancy.com/news/2021/may/sba-restaurant-revitalization-fund-faces-huge-funding-shortfall.html NYC Introduces Restaurant Aggregator Data Bill https://www.pymnts.com/news/delivery/2021/nyc-introduces-bill-to-require-restaurant-aggregators-to-share-customer-data/ 30:08 – Child Tax Credit Expansion Kicks In July 15 With Monthly Payments to Families https://www.wsj.com/articles/monthly-child-tax-credit-payments-set-to-start-july-15-11621249203 31:28 – Under Armour shareholders can sue over sales disclosures https://reut.rs/3uYY3XZ 32:37 – Taxpayers deserve pandemic penalty relief, AICPA says - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/may/taxpayers-deserve-pandemic-tax-penalty-relief-aicpa-says.html 36:22 – Will Biden’s IRS be coming after your clients? https://www.accountingtoday.com/articles/will-bidens-irs-be-coming-after-your-clients 41:37 – Elizabeth Warren’s take on the tax-preparer industry 44:39 – Innovations in audit: KPMG deploys smart glasses https://www.accountingtoday.com/news/innovations-in-audit-kpmg-deploys-smart-glasses 47:00 – Auditors leverage technology lessons from pandemic https://www.accountingtoday.com/news/auditors-leverage-technology-lessons-from-pandemic 49:14 – We Found Joe Biden’s Secret Venmo. Here’s Why That’s A Privacy Nightmare For Everyone. https://www.buzzfeednews.com/article/ryanmac/we-found-joe-bidens-secret-venmo 50:25 – Popularity of Venmo, Other Apps Prompt Questions for Lawyer Use https://news.bloomberglaw.com/us-law-week/popularity-of-venmo-other-apps-prompt-questions-for-lawyer-use 52:50 – April sees resurgence in ransomware attacks - IT-Online https://it-online.co.za/2021/05/14/april-sees-resurgence-in-ransomware-attacks/ 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Future Firm: https://futurefirmaccelerate.com/ Xero: A Comprehensive Guide for Accountants and Bookkeepers Accounting Podcast Network:

May 20, 2021

Sponsors Synder: https://cloudaccountingpodcast.promo/synder Odoo: https://cloudaccountingpodcast.promo/odoo Relay Financial: https://cloudaccountingpodcast.promo/relay Show Notes 02:15 – $58,508: The Average Starting Salary for New Accounting Grads https://www.goingconcern.com/58508-average-starting-salary-new-accounting-grads-2021/ 3:44 – Fintech Startup Offers $500 for Payroll Passwords https://krebsonsecurity.com/2021/05/fintech-startup-offers-500-for-payroll-passwords/ 6:07 – Railz Raises $12 Million Toward API Development https://www.pymnts.com/news/investment-tracker/2021/railz-raises-12m-toward-api-development/ 8:04 – Kabbage, FinTechs Under PPP Distribution Scrutiny https://www.pymnts.com/loans/2021/report-kabbage-fintechs-under-justice-department-scrutiny-for-ppp-loan-distribution/ DOJ reportedly investigating Kabbage, fintech lenders, over PPP loans https://www.bankingdive.com/news/doj-reportedly-investigating-kabbage-fintech-lenders-over-ppp-loans/599888/ 11:37 – Collective, a back-office platform for the self-employed, raises $20M from Ashton Kutcher’s VC https://techcrunch.com/2021/05/12/collective-a-back-office-for-the-self-employed-raises-20m-from-ashton-kutchers-vc/ 14:37 – Announcing Collective $20M Series A to Support the Rise of Businesses-of-One — Collective Blog https://www.collective.com/blog/news/collective-20-million-series-a/ 15: 51 – Blake’s discussion on Collective with CAP listener, Michael Eckstein 17:29 – The Collective Disclaimer https://www.collective.com/ 20:45 – Banking App Lili Raises $55 Million To Help Freelancers Tackle Expenses, Access Credit https://www.forbes.com/sites/ninawolpow/2021/05/11/banking-app-lili-raises-55-million-to-help-freelancers-tackle-expenses-access-credit/ 25:56 – Xero FY21 revenues rise 18% to £432m | News https://www.accountancytoday.co.uk/2021/05/13/xero-fy21-revenues-spike-18/ 26:03 – Xero scores subscriber surge despite slowed revenue https://www.accountantsdaily.com.au/business/15693-xero-scores-subscriber-surge-despite-slowed-revenue Xero’s FY21 through the eyes of our customers and people | Xero Blog https://www.xero.com/blog/2021/05/fy21-through-their-eyes/ Xero’s full year 2021 financial results https://www.xero.com/blog/2021/05/full-year-2021-financial-results/ 32:25 – Digital bank Relay raises $19.4 million to automate financial management for small business https://www.prweb.com/releases/digital_bank_relay_raises_19_4_million_to_automate_financial_management_for_small_business/prweb17934174.htm 37:55 – Sage's profits fall 30%, but accounting software boosts organic revenues | This is Money https://www.thisismoney.co.uk/money/markets/article-9578771/Sages-profits-fall-30-accounting-software-boosts-organic-revenues.html 39:50 – Introducing the Subscription Economy Income Statement https://www.subscribed.com/read/subscription-strategy/introducing-the-subscription-economy-income-statement?fbclid=IwAR2WHUUr4bE9pe0EUtHze0PuCBP3SpQdogHC3Z78YnvZvJhHOOMr1iywzSo 42:52 – WeWork CEO Says Least Engaged Employees Enjoy Working from Home https://www.accountingtoday.com/articles/irs-needs-more-than-audits-to-find-tax-cheats-former-chief-says 45:07 – Driving Engagement in a Remote Work World https://www.cfo.com/workplace-issues/2021/04/driving-engagement-in-a-remote-work-world/ 46:53 – The hybrid workplace probably won’t last - The Boston Globe https://www.bostonglobe.com/2021/05/09/opinion/hybrid-workplace-probably-wont-last/ 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 ...

May 12, 2021

Sponsors Odoo: https://cloudaccountingpodcast.promo/odoo Relay Financial: https://cloudaccountingpodcast.promo/relay MarginDriver: https://cloudaccountingpodcast.promo/margindriver Show Notes 5:22 – SBA stops accepting new PPP applications from most lenders as general funds run out https://www.journalofaccountancy.com/news/2021/may/sba-stops-accepting-most-new-ppp-applications-funds-run-out.html Paycheck Protection Program Closes to Most Applicants - The New York Times https://www.nytimes.com/live/2021/05/04/business/stock-market-today 6:11 – SBA unveils initial Restaurant Revitalization Fund results https://www.journalofaccountancy.com/news/2021/may/sba-restaurant-revitalization-fund-initial-results.html 8:09 – IRS employees say ‘out of ink’ printers are delaying tax returns https://money.yahoo.com/irs-employees-say-out-of-ink-printers-are-delaying-tax-returns-171522801.html 9:48 – Biden plan would give IRS authority to regulate tax preparers https://www.accountingtoday.com/news/biden-plan-would-give-irs-authority-to-regulate-tax-preparers 13:03 – The Best Firms for Technology for 2021 https://www.accountingtoday.com/list/the-best-firms-for-technology-for-2021 19:25 – Knowledge workers' most dreaded tasks https://zapier.com/blog/most-dreaded-tasks 23:34 – Bill.com Adds Divvy to Back-Office Solutions https://www.cfo.com/applications/2021/05/bill-com-adds-divvy-to-back-office-solutions/ 24:17 – Bill.com to Acquire Divvy, a Leader in Spend Management for SMBs https://www.businesswire.com/news/home/20210506006169/en/Bill.com-to-Acquire-Divvy-a-Leader-in-Spend-Management-for-SMBs 25:39 – David elaborates on the core value of Bill.com 29:13 – Divvy Joining forces with Bill.com https://getdivvy.com/blog/joining-forces-with-bill-com/ 37:48 – Metric of the Month: T&E Expense Reimbursements - CFO https://www.cfo.com/expense-management/2021/05/metric-of-the-month-total-cost-to-process-te-reimbursements/ 42:53 – Accountant view: Move from Intuit Online Payroll to QuickBooks Online Payroll https://quickbooks.intuit.com/learn-support/en-us/accounting/accountant-view-move-from-intuit-online-payroll-to-quickbooks/00/863888 46:52 – Veryfi Raises $12 Million To Use AI to Tackle The Unstructured Data Entry Market https://www.forbes.com/sites/rebeccaszkutak/2021/04/26/veryfi-raises-12-million-to-use-ai-to-tackle-the-unstructured-data-entry-market/ 50:17 – Chime Stops Using Word 'Bank' After Pushback https://www.pymnts.com/legal/2021/chime-stops-using-word-bank-after-regulator-pushback/ 53:12 – FloQast releases accounting coloring book ahead of Tax Day https://www.accountingtoday.com/news/floqast-releases-accounting-coloring-book-and-guided-meditation-ahead-of-tax-day 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Xero: A Comprehensive Guide for Accountants and Bookkeepers BKX Conference: https://bkx.com/tickets/ Accounting Podcast Network: https://accountingpodcastnetwork.com/ Go here to create your classified ad:

May 6, 2021

Sponsors Sage Advice: https://cloudaccountingpodcast.promo/sageadvice Client Hub: https://cloudaccountingpodcast.promo/clienthub Relay Financial: https://cloudaccountingpodcast.promo/relay Show Notes 4:24 – Biden to propose tax hikes, $80B for audits of rich https://www.accountingtoday.com/articles/biden-to-propose-tax-hikes-80b-for-audits-of-rich 7:36 – U.S. companies went right back to heavy use of nonstandard accounting metrics during the pandemic https://www.marketwatch.com/story/u-s-companies-went-right-back-to-heavy-use-of-non-standard-accounting-metrics-during-the-pandemic-11619550987 11:30 – Under Armour Paying $9 Million to Resolve SEC Accounting Probe https://www.wsj.com/articles/under-armour-paying-9-million-to-resolve-sec-accounting-probe-11620079991 13:21 – QuickBooks Payroll sufferers outage on Friday morning … many employees never got their direct deposit https://www.theverge.com/2021/4/30/22412349/quickbooks-issue-missed-direct-deposit-paychecks 16:25 – Financial impact of COVID-19 revealed in QuickBooks analysis of 1 million small businesses https://quickbooks.intuit.com/r/coronavirus/small-business-recovery/ 22:18 – Expensify Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering https://www.businesswire.com/news/home/20210503005265/en/Expensify-Announces-Confidential-Submission-of-Draft-Registration-Statement-for-Proposed-Initial-Public-Offering 23:11 – Stripe buys TaxJar https://techcrunch.com/2021/04/27/stripe-acquires-taxjar-to-add-cloud-based-automated-sales-tax-tools-into-its-payments-platform/amp/?__twitter_impression=true More about TaxJar https://stripe.com/partners/taxjar TaxJar will be joining Stripe to help build the world’s tax compliance infrastructure https://blog.taxjar.com/taxjar-will-be-joining-stripe-to-help-build-the-worlds-tax-compliance-infrastructure/ 24:34 – Brex raises $425M at a $7.4B valuation, as the corporate spend war rages on https://techcrunch.com/2021/04/26/brex-raises-425m-at-a-7-4b-valuation-as-the-corporate-spend-war-rages-on/ Brex massive raise … https://www.businessinsider.com/brex-raises-mega-round-doubles-down-on-finance-management-2021-4 24:49 – Brex Unveils All-In-One Financial Solution For Businesses https://www.businesswire.com/news/home/20210426005625/en/Brex-Unveils-All-In-One-Financial-Solution-For-Businesses#.YIcUHNRGTfg.whatsapp 25:18 – Brex Premium, our Series D, and the future of Brex as all-in-one finance https://medium.com/building-brex/brex-premium-our-series-d-and-the-future-of-brex-as-all-in-one-finance-1ad40690edde 29:35 – OnDeck Markets First ABS Since Purchase by Subprime Lender Enova https://www.washingtonpost.com/business/on-small-business/ondeck-markets-first-abs-since-purchase-by-subprime-lender-enova/2021/04/26/80919a32-a6a6-11eb-a8a7-5f45ddcdf364_story.html 31:14 – Latest product news – May 2021 https://www.xero.com/blog/2021/05/latest-product-news-may-2021/ 34:06 – ACH payments on Invoices via Square https://www.pymnts.com/news/payment-methods/2021/businesses-can-accept-ach-payments-via-square-invoices/ 36:20 – The robots are coming UiPath is Europe’s most successful tech export since Spotify https://www.economist.com/business/2021/04/22/uipath-is-europes-most-successful-tech-export-since-spotify 37:20 – How UiPath Turned Into A $37 Billion Powerhouse https://www.forbes.com/sites/tomtaulli/2021/05/01/how-uipath-turned-into-a-37-billion-powerhouse/?sh=6e1e53d62e40 37:40 – Heirlume raises 1.38 million https://techcrunch.com/2021/04/30/heirlume-raises-1-38m-to-remove-the-barriers-of-trademark-registration-for-small-businesses/ 40:39 – New & Improved in FreshBooks: Income Importer, Dashboard Widgets, and More https://www.freshbooks.com/blog/product-updates-april-2021 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,

Apr 29, 2021

Sponsors Uncat: https://cloudaccountingpodcast.promo/uncat MarginDriver: https://cloudaccountingpodcast.promo/margindriver Odoo: https://cloudaccountingpodcast.promo/odoo Show Notes 2:22 – SBA to reopen Shuttered Venue Operators Grant portal Saturday https://www.journalofaccountancy.com/news/2021/apr/sba-reopen-shuttered-venue-operators-grant-portal-april-24.html Shuttered Venue Operators Grant portal begins accepting applications - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/apr/sba-reopen-shuttered-venue-operators-grant-portal-april-24.html SBA offers targeted advances to small businesses https://www.accountingtoday.com/news/sba-offers-targeted-advances-to-small-businesses-and-tries-again-on-shuttered-venue-program 5:23 – Lawmakers push PPP revamp as funding lapse looms https://www.politico.com/news/2021/04/20/congress-ppp-funding-483803 7:06 – IRS is holding over 29 million tax returns, delaying refunds for many poorer Americans https://money.yahoo.com/irs-holds-over-29-million-tax-returns-delaying-refunds-192532885.html 10:33 – Biden’s Big Agenda Relies on a Shrunken, Strained Agency: The IRS https://www.wsj.com/articles/biden-agenda-relies-on-shrunken-strained-irs-11618928830 13:20 – IRS sees delays in tax refunds and quarterly payments https://www.accountingtoday.com/news/irs-sees-delays-in-tax-refunds-and-quarterly-payments 15:18 – Federal Stimulus Bill Has Huge Tax Change For Gig Workers https://www.forbes.com/sites/lizfarmer/2021/03/12/federal-stimulus-bill-has-huge-tax-change-for-gig-workers/ 17:35 – Controversy Erupts as Florida Follows Forty-Three States in Adopting Uncontroversial Tax Provision https://taxfoundation.org/florida-online-sales-tax/ 19:22 – We’ve got reviews! Thank you, De (via Podchaser), JGBC, and Jedda88 (via Apple Podcasts)! 21:34 – Netflix funds accounting program through CNM, NM Film Office » Albuquerque Journal https://www.abqjournal.com/2383393/netflix-funds-accounting-program-through-cnm-nm-film-office-2.html 25:27 – House OKs Bill to Make Weed Banking Legal https://www.cfo.com/regulation/2021/04/house-oks-bill-to-make-weed-banking-legal/ 28:30 – Why we ditched our accounting software for a bookkeeper https://zapier.com/blog/why-hire-a-bookkeeper 34:38 – Lumanu Talks Influencers' AR Challenges https://www.pymnts.com/news/b2b-payments/2021/lumanu-content-creators-influencers-accounts-receivable/ 36:23 – This is your brain on Zoom – TechCrunch https://techcrunch.com/2021/04/21/this-is-your-brain-on-zoom/ 38:21 – New Data Shows How American Workday is Getting Longer https://smallbiztrends.com/2021/04/american-workday-getting-longer.html 43:13 – Our Workplace of the Future Strategy – Intuit®: Official Blog https://www.intuit.com/blog/intuitlife/our-workplace-of-the-future-strategy/ 46:45 – Bill.com Announces Integrations with Microsoft Dynamics 365 https://www.cpapracticeadvisor.com/small-business/news/21219374/billcom-announces-integrations-with-microsoft-dynamics-365 47:22 – Paymogy Invests In Invoice Stream For P2P Services https://www.pymnts.com/news/b2b-payments/2021/paymogy-invests-in-invoice-stream-for-p2p-services/ 48:20 – Pleo Debuts ‘Bills’ To Digitize SMB Invoicing https://www.pymnts.com/news/b2b-payments/2021/pleo-debuts-bills-to-digitize-smb-invoicing/ 48:39 – Bank of America’s Complete AP Helps Transform A Company’s Accounts Payable https://newsroom.bankofamerica.com/content/newsroom/press-releases/2021/04/bank-of-america-s-complete-ap-helps-transform-a-company-s-accoun.html 50:00 – Deluxe Acquires First American Payments For $960M https://www.pymnts.com/news/partnerships-acquisitions/2021/deluxe-signs-960-million-acquisition-deal-for-first-american-payments/ 51:17 – Xero and Bookkeeper360 collaborate to help US small businesses navigate financial complexities https://www.xero.com/blog/2021/04/xero-and-bookkeeper360-support-us-small-business/ 54:30 – Square Announces New Inventory Management Features for Retailers https://finance.yahoo.com/news/square-announces-inventory-management-features-160000767.html 55:40 – Avalara Buys DAVO To Boost Sales Tax Automation https://www.pymnts.com/news/partnerships-acquisitions/2021/avalara-buys-davo-boost-sales-tax-automation-services/ <...

Apr 21, 2021

Sponsors Rewind: https://cloudaccountingpodcast.promo/rewind Odoo: https://cloudaccountingpodcast.promo/odoo Client Hub: https://cloudaccountingpodcast.promo/clienthub Show Notes 1:45 – The Interview with AICPA’s Ed Karl https://www.cloudaccountingpodcast.com/bonus222 Reviews – Thank you all! 4:41 – Nels Larsen CPA via Podchaser 5:02 – The Finance Wizard via Apple Podcasts 5:26 – Scott Scarano via Apple Podcasts 5:50 – Lolololoic via Apple Podcasts 6:12 – ItsmeBeek via Apple Podcasts 7:15 – Anonymous Listener email about Episode 222 11:56 – Legislative threat to CPA licensure stalls in West Virginia https://www.journalofaccountancy.com/news/2021/apr/legislative-threat-to-cpa-licensure-stalls-in-west-virginia.html 20:18 – IRS Chief Says $1 Trillion in Taxes May Go Uncollected Each Year https://www.wsj.com/articles/irs-chief-says-1-trillion-in-taxes-may-go-uncollectedeach-year-11618337765 21:41 – U.S. sues Trump ally Roger Stone, alleging he owes about $2 million in unpaid taxes https://www.reuters.com/world/us/us-sues-trump-ally-roger-stone-alleged-nonpayment-federal-income-taxes-2021-04-16/ 23:00 – Listener voicemail! Thank you, Ian Crook! 26:40 – ACH Network Hits 2.7 Billion Monthly Payments https://www.pymnts.com/news/payment-methods/2021/ach-network-has-record-setting-quarter/ 28:05 – IRS to roll out expanded Child Tax Credit on July 1 https://www.accountingtoday.com/news/irs-on-track-to-roll-out-expanded-child-tax-credit-on-july-1 29:50 – Biden Seeks 10% IRS Funding Hike to Spur More Audits of Wealthy https://news.bloombergtax.com/daily-tax-report/biden-seeks-10-irs-funding-hike-to-spur-more-audits-of-wealthy 31:37 – More Listener Mail! Thank you, Amir Banihashemi! 32:08 – Get your value-pricing refresher here! https://www.cloudaccountingpodcast.com/221 37:47 – This accounting firm will let staff choose start times — and clock off early in the summer https://www.marketwatch.com/story/pwc-lets-u-k-based-staff-choose-start-times-and-clock-off-early-in-the-summer-11617275290 38:14 – Grant Thornton says almost 90% of staff want to work from home https://www.fnlondon.com/articles/grant-thornton-says-almost-90-of-staff-want-to-work-from-home-20210407 38:53 – CPAs are humans, too: Workplace relationships matter https://blog.aicpa.org/2021/03/cpas-are-humans-too-workplace-relationships-matter-1.html 40:34 – Fully Remote Work Will Make You Less Happy https://www.theatlantic.com/family/archive/2021/04/zoom-remote-work-loneliness-happiness/618473/ 44:39 – The Latest Workplace Perk: Cash Bonuses for Taking Vacations https://www.wsj.com/articles/the-latest-workplace-perk-cash-bonuses-for-taking-vacations-11617960601 46:58 – NetSuite Helps Organizations Capitalize on New Growth Opportunities https://www.prnewswire.com/news-releases/netsuite-helps-organizations-capitalize-on-new-growth-opportunities-301267202.html 48:44 – NetSuite Expands Commitment to Accounting Community https://www.netsuite.com/portal/company/newsroom/netsuite-expands-commitment-to-accounting-community.shtml 49:55 – Google migrates from Oracle financial software to SAP https://www.zdnet.com/article/google-migrates-from-oracle-financial-software-to-sap/ 51:08 – Grant Thornton releases controls testing app https://www.accountingtoday.com/news/grant-thornton-releases-controls-testing-app 51:38 – Announcing TruckersBooksOnline: A Mobile Bookkeeping Management Services App for Owner/Operator Truckers https://www.einnews.com/pr_news/538425423/announcing-truckersbooksonline-a-mobile-bookkeeping-management-services-app-for-owner-operator-truckers 52:45 – New Investors Discover Tax Pitfalls of Robinhood and Other Trading Apps https://www.wsj.com/articles/new-investors-discover-tax-pitfalls-of-robinhood-and-other-trading-apps-11618565406 56:02 – David wants to hear your thoughts! 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 ,...

Apr 14, 2021

Show Notes How to Collect $1.4 Trillion in Unpaid Taxes https://www.nytimes.com/2021/03/20/opinion/sunday/unpaid-tax-evasion-IRS.html 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.

Apr 14, 2021

Sponsors Dext: https://cloudaccountingpodcast.promo/dext Rewind: https://cloudaccountingpodcast.promo/rewind Odoo: https://cloudaccountingpodcast.promo/odoo Show Notes 1:47 – Blake’s Discussion with Ed Karl, Vice President of Taxation at the AICPA https://www.cloudaccountingpodcast.com/bonus222 6:37 – Shutter Venue Operators Grant Snafu 7:45 – SBA SVOG Tweet https://twitter.com/SBAgov 8:35 – Why Can’t Stimulus Checks Arrive Faster? https://www.wsj.com/articles/why-cant-stimulus-payments-arrive-faster-11617631209 10:40 – Billions waiting in 2017 federal refunds https://www.accountingtoday.com/news/billions-waiting-in-2017-federal-tax-refunds 11:38 – China Creates Its Own Digital Currency, a First for Major Economy https://www.wsj.com/articles/china-creates-its-own-digital-currency-a-first-for-major-economy-11617634118 17:27 – Facebook: 25 Pct Of SMBs Closed Around World https://www.pymnts.com/economy/2021/facebook-25-pct-of-smbs-closed-around-the-world/ 18:29 – Pickup in CFO Optimism Continues in Q1 https://www.cfo.com/the-economy/2021/04/pickup-in-cfo-optimism-continues-in-q1/ 25:06 – Global minimum tax gains momentum https://www.accountingtoday.com/articles/global-minimum-tax-momentum-gains-with-g-20-seeing-mid-year-deal 25:37 – IRS Program Summary by Budget Activity https://home.treasury.gov/system/files/266/19.-IRS-FY-2021-BIB.pdf 27:47 – How to Collect $1.4 Trillion in Unpaid Taxes https://www.nytimes.com/2021/03/20/opinion/sunday/unpaid-tax-evasion-IRS.html 30:15 – Blake’s Discussion with Ed Karl, Vice President of Taxation, AICPA https://www.cloudaccountingpodcast.com/bonus222 38:44 – Wealthiest Taxpayers Cheat IRS Out of $400 Billion a Year https://cpatrendlines.com/2021/04/09/wealthiest-taxpayers-cheat-irs-out-of-400-billion-a-year/ More IRS Reading: 173% Increase in IRS Correspondence Backlog https://cpatrendlines.com/2021/04/08/irs-lags-on-compliance-correspondence/ The IRS’s $3-Billion Problem https://cpatrendlines.com/2021/03/22/92-of-paper-returns-stuck-in-backlog/ IRS Commissioner Chuck Rettig Response https://www.c-span.org/video/?509965-1/irs-commissioner-rettig-testifies-tax-filing-season 41:00 – An update about Xerocon 2021 | Xero Blog https://www.xero.com/blog/2021/04/xerocon-2021-update/ 41:20 – Sage Transform https://www.sageintacct.com/transform 43:10 – Check out AccountingConferences.com for all the latest on ’21 conferences! https://accountingconferences.com/ 44:00 – Dallas firm buys provider of property tax data software https://www.accountingtoday.com/news/dallas-firm-buys-atlanta-provider-of-property-tax-data-software 44:40 – Ramp Reaches Record-Setting $1.6B Valuation https://www.pymnts.com/startups/2021/ramp-reaches-record-setting-valuation/ 46:48 – Blue Dot's AI Helps You Manage, Comply With Tax Accounting and Codes: Company Raises $31 Million— How It Works https://www.techtimes.com/articles/258835/20210407/blue-dots-ai-helps-you-manage-comply-with-tax-accounting-and-codes-company-raises-31-million—-how-it-works.htm 47:12 – Blue Dot raises $32M for AI that helps companies comply with tax codes https://venturebeat.com/2021/04/07/blue-dot-raises-32m-for-ai-that-helps-companies-comply-with-tax-codes/ 48:50 – How Per Diem Payments Can Simplify Your Accounting and Taxes https://finance.yahoo.com/news/per-diem-payments-simplify-accounting-134500596.html 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 ...

Apr 7, 2021

Sponsors Odoo: https://cloudaccountingpodcast.promo/odoo Client Hub: https://cloudaccountingpodcast.promo/clienthub Show Notes 1:44 – Talking #StopAsianHate and ties to the accounting world 6:06 – We’ve got reviews! Thank you, Smeanser, AggieCPA, and Larisa Lopez 7:59 – Do some good! Leave us a review on Podchaser, during #Reviews4Good 2021! 9:42 – Listener mail from Danny Burns – pricing methodology 20:34 – Listener mail from Stephen Brown – ACH issues 25:54 – Jeff Bezos’ investment fund is backing a startup hoping to be the AWS for SMB accounting – TechCrunch https://techcrunch.com/2021/03/27/jeff-bezos-investment-fund-is-backing-a-startup-hoping-to-be-the-aws-for-smb-accounting/ 26:33 – Pilot's $100m Funding Round: What it Means for the Accounting Profestransactions https://www.botkeeper.com/blog/pilots-100m-funding-round-what-it-means-for-the-accounting-profession 29:22 – SMB accounting platform Pilot doubles valuation with mega-round https://www.emarketer.com/content/smb-accounting-platform-pilot-doubles-valuation-with-mega-round 34:47 – Auditoria raises $15.5M to expand AI platform automating repetitive accounting tasks https://venturebeat.com/2021/03/31/auditoria-raises-15-5m-to-automate-repetitive-accounting-tasks/ 38:26 – Intuit updates QBO Accountant https://www.accountingtoday.com/news/intuit-updates-qbo-accountant-and-is-recruiting-for-the-accountant-council 38:59 - QuickBooks Online new features and improvements – March 2021 https://quickbooks.intuit.com/blog/whats-new/quickbooks-online-new-features-and-improvements-march-2021/ 40:13 – Accelerating API-Based Automation Offerings With Cloud Elements | UiPath https://www.uipath.com/blog/uipath-accelerates-api-based-automation-offerings-with-cloud-elements 41:15 – Latest product news – April 2021 https://www.xero.com/blog/2021/04/latest-product-news-april-2021/ 41:39 – Wolters Kluwer adds crypto tax capabilities to CCH products https://www.accountingtoday.com/news/wolters-kluwer-adds-crypto-tax-capabilities-to-cch-products 42:35 – New & Improved in FreshBooks: Profitability Details Report, Invoice PDFs, and More https://www.freshbooks.com/blog/product-updates-march-2021 43:02 – Sage debuts data and analytics platform https://www.accountingtoday.com/news/sage-debuts-data-and-analytics-platform 44:36 – California firm creates accelerator program for entrepreneurial CPAs https://www.accountingtoday.com/news/california-firm-creates-accelerator-program-for-entrepreneurial-cpas 46:44 – Blake pontificates on off-balance-sheet financing and new tech startups 51:17 – Roblox Loses an Accounting Fight With the SEC https://www.barrons.com/articles/the-sec-told-roblox-to-change-its-accounting-heres-what-it-means-for-the-stock-51617217979 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Realize Accountant Community: https://rlz.io Accounting Podcast Network: https://accountingpodcastnetwork.com/ Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info. Full Transcript Avail...

Apr 1, 2021

Show Notes (1:50) Paycheck Protection Program (8:18) Employee Retention Credit (18:18) Shuttered Venues Operators Grant (25:29) Restaurant Revitalization Fund 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Mar 31, 2021

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay Rewind: https://cloudaccountingpodcast.promo/rewind Odoo: https://cloudaccountingpodcast.promo/odoo Show Notes 2:07 - The pandemic made us all coworkers — whether we like it or not https://www.msnbc.com/opinion/slack-s-new-dm-feature-proves-we-re-all-office-n1261983 3:00 - Slack’s walkback of its new DM feature is a sign of user power https://www.marketplace.org/2021/03/25/slacks-walkback-of-its-new-dm-feature-is-a-sign-of-user-power/ 3:38 - Zoom Wants You to Zoom Even When Using Other Companies’ Apps https://www.wsj.com/articles/zoom-wants-you-to-zoom-even-when-using-other-companies-apps-11616419800 4:45 - SURVEY: Phone, Email Tied for Client Communication https://cpatrendlines.com/2021/03/21/survey-phone-email-tied-for-client-communication/ 9:05 - HR Tech Startup Ease Raises $41 Million To Help Small Businesses Better Support Their Employees https://www.forbes.com/sites/kristinstoller/2021/03/25/hr-tech-startup-ease-raises-41-million-to-help-small-businesses-better-support-their-employees/ 9:23 - Jeff Bezos-backed accounting start-up hits $1.2 billion valuation after new funding round https://www.cnbc.com/2021/03/26/jeff-bezos-backed-start-up-pilot-hits-1point2-billion-valuation-.html 19:52 - It’s time to end re-authenticating every 90 days: Have your say | Xero Blog https://www.xero.com/blog/2021/03/end-re-authenticating-every-90-days/ 23:05 - Xero to acquire Tickstar to drive adoption of e-invoicing globally https://www.xero.com/blog/2021/03/xero-driving-e-invoicing-adoption-globally/ Xero buys Swedish-based company Tickstar after Planbuy acquisition https://www.theceomagazine.com/business/innovation-technology/xero/ 25:45 - Mandatory audit trail of companies' accounts to curb backdate entries https://www.businesstoday.in/current/economy-politics/mandatory-audit-trail-of-companies-accounts-to-curb-backdate-entries/story/434847.html 28:52 - Opinion | How to Collect $1.4 Trillion in Unpaid Taxes https://www.nytimes.com/2021/03/20/opinion/sunday/unpaid-tax-evasion-IRS.html 31:20 - Richest 1% hide a fifth of their income from the IRS https://www.accountingtoday.com/articles/richest-1-of-americans-hide-a-fifth-of-their-income-from-the-irs 31:27 - IRS failed to collect $2.4B in taxes from millionaires https://www.accountingtoday.com/articles/irs-failed-to-collect-2-4b-in-taxes-from-millionaires 31:55 - IRS audits of millionaires plunged 72% https://www.accountingtoday.com/news/irs-audits-of-millionaires-plunged-72-in-8-years 32:43 - IRS Has Recruiting Problems, Too https://cpatrendlines.com/2021/02/25/irs-has-recruiting-problems-too/ 34:56 - ServiceTitan, Software Provider For Tradespeople, Reaches $8.3 Billion Valuation https://www.forbes.com/sites/alexkonrad/2021/03/26/servicetitan-software-provider-for-tradespeople-reaches-85-billion-valuation/ 35:11 - BQE Software secures growth investment for accounting suite https://www.accountingtoday.com/news/bqe-software-secures-growth-investment-for-accounting-suite BQE Software Secures Significant Growth Investment from Serent Capital https://www.businesswire.com/news/home/20210324005338/en/BQE-Software-Secures-Significant-Growth-Investment-from-Serent-Capital 36:01 - Dallas Tech Startup, BaCo Tech, Receives US Patent for CPA Firm Transaction-Based Workflow https://www.businesswire.com/news/home/20210323005845/en/Dallas-Tech-Startup-BaCo-Tech-Receives-US-Patent-for-CPA-Firm-Transaction-Based-Workflow 37:12 – A review! Thank you, Adam CPA! 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:

Mar 23, 2021

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay Rewind: https://cloudaccountingpodcast.promo/rewind Attend Rewind's Webinar Odoo: https://cloudaccountingpodcast.promo/odoo Show Notes 2:53 - U.S. Treasury has sent out $242B in stimulus checks so far https://www.accountingtoday.com/articles/u-s-treasury-has-sent-out-242b-in-stimulus-checks-so-far 5:50 - More Than Half Of Small Businesses Have Reopened: Survey https://www.cfo.com/the-economy/2021/03/more-than-half-of-small-businesses-have-reopened-survey 10:10 - IRS postpones April 15 deadline - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/mar/irs-postpones-april-15-tax-filing-deadline.html 14:39 - IRS to automatically process refunds on jobless-benefit payments https://www.accountingtoday.com/articles/irs-to-automatically-process-refunds-on-jobless-benefit-payments 15:10 - House passes PPP deadline extension in 415-3 vote - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/mar/ppp-application-deadline-extension-bill-gains-backing.html House votes to extend PPP deadline until May 31 https://www.accountingtoday.com/news/house-votes-to-extend-ppp-deadline-until-may-31 17:35 - Tax season turns into 'dumpster fire' for advisors, clients after stimulus bill passes https://www.accountingtoday.com/news/tax-season-turns-into-dumpster-fire-for-advisors-clients-after-stimulus-bill-passes 18:10 - SBA defers repayment of disaster loans until 2022 https://www.accountingtoday.com/news/sba-defers-repayment-of-eidl-disaster-loans-until-2022 20:27 - BDO and Xero join forces in global agreement | Xero Blog https://www.xero.com/blog/2021/03/bdo-and-xero-join-global-agreement/ BDO becomes first Xero Global Partner https://www.accountingtoday.com/news/bdo-becomes-first-xero-global-partner 22:42 - Changes Rolling Out to QuickBooks Payments - insightfulaccountant.com https://www.intuitiveaccountant.com/payroll-merchant-services/changes-rolling-out-to-quickbooks-payments/ 24:43 - The Revolt Against the 30% Mafia. When did Big Tech gatekeepers from Apple to DoorDash decide they were entitled to a third of the internet’s sales? https://marker.medium.com/the-revolt-against-the-30-mafia-4193aa4b2dcf 31:18 - Trullion Announces Real-Time, AI-Powered Accounting Platform, Secures Seed Financing https://www.businesswire.com/news/home/20210316005168/en/Trullion-Announces-Real-Time-AI-Powered-Accounting-Platform-Secures-Seed-Financing 32:25 - What's new in Sage Intacct's Release 1 2021 https://www.accttwo.com/blog/whats-new-in-2021-sage-intacct-release-1 34:00 - Stripe: $95B After New $600M Funding Round https://www.pymnts.com/news/investment-tracker/2021/stripe-valued-at-95-billion-after-new-600-million-funding-round/ 34:55 - Squarespace Raises $300 Million Investment Round at $10 Billion Valuation https://newsroom.squarespace.com/blog/squarespace-raises-300-million-investment-round-at-10-billion-valuation 35:23 - Jeffrey Katzenberg’s WndrCo, Michael Ovitz Invest in Production Payroll Startup Wrapbook as Part of $27M Round https://variety.com/2021/digital/news/wrapbook-funding-jeffrey-katzenberg-wndrco-michael-ovitz-1234924978/ Wrapbook Talks Entertainment Industry Payroll https://www.pymnts.com/news/b2b-payments/2021/wrapbook-payroll-entertainment-project-economy/ 38:10 - College accounting programs not covering emerging topics: AICPA/NASBA report https://www.accountingtoday.com/news/college-accounting-programs-not-covering-emerging-topics-aicpa-nasba-report 42:13 - Which is more difficult: The CPA Exam or the Bar? https://www.accountingtoday.com/opinion/which-is-more-difficult-cpa-or-bar-exam-i-took-both-and-heres-my-answer 47:33 - Tax Provisions in the Fiscal Year 2021 Budget https://www.mass.gov/technical-information-release/tax-provisions-in-the-fiscal-year-2021-budget 48:54 - Risky trading targeted in Democrat proposal for financial transaction tax https://www.accountingtoday.com/articles/risky-trading-targeted-in-democrat-proposal-for-financial-transaction-tax Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @Dav...

Mar 18, 2021

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay Odoo: https://cloudaccountingpodcast.promo/odoo Rewind: https://cloudaccountingpodcast.promo/rewind Attend Rewind's Webinar Show Notes 3:58 - Economic confidence recovers to near pre-pandemic levels for finance leaders https://www.journalofaccountancy.com/news/2021/mar/us-economic-confidence-recovers-to-near-pre-coronavirus-levels.html 6:56 - BREAKING NEWS: Scaling New Heights® Rescheduled to October - insightfulaccountant.com https://www.intuitiveaccountant.com/people-and-business/scaling-new-heights%C2%AE-rescheduled-to-october/ 9:57 - Cost Of Deloitte’s EDD Phone Center Balloons to $55M, As Millions Of Calls Go Unanswered - capradio.org https://www.capradio.org/articles/2021/03/11/cost-of-deloittes-edd-phone-center-balloons-to-55m-as-millions-of-calls-go-unanswered/ 16:02 - Accountants experience 60% increase in payroll services, says QuickBooks | News https://www.accountancytoday.co.uk/2021/03/10/accountants-experience-60-increase-in-payroll-services-says-quickbooks/ 17:02 - Metric of the Month: Avoiding Payroll Bottlenecks https://www.cfo.com/compensation/2021/02/metric-of-the-month-avoiding-payroll-bottlenecks/ 17:34 - What should I take? Architecture or accounting? | Forum | Archinect https://archinect.com/forum/thread/150254452/what-should-i-take-architecture-or-accounting 23:00 - Alaska, Maine, and Oklahoma weigh CPA firm mobility bills https://www.journalofaccountancy.com/news/2021/feb/alaska-maine-oklahoma-weigh-cpa-firm-mobility-bills.html 24:08 - Lightspeed to acquire Vend to power global retail expansion | Lightspeed POS https://www.lightspeedhq.com/news/lightspeed-to-acquire-vend/ 27:11 - Winners in New Zealand https://www.nzherald.co.nz/business/nz-retail-software-company-vend-sold-for-455m/QOK7AA57JK4MP3LTTHYD744W34/ NZ retail software company Vend sold for $455m - NZ Herald https://www.nzherald.co.nz/business/nz-retail-software-company-vend-sold-for-455m/QOK7AA57JK4MP3LTTHYD744W34/ Lightspeed to acquire Vend for $350M to expand its global retail base https://seekingalpha.com/news/3672022-lightspeed-to-acquire-vend-for-350m-to-expand-its-global-retail-base 29:00 - Karbon raises $10M https://www.accountingtoday.com/news/practice-management-software-developer-karbon-raises-10m 30:00 - Accounting Services Platform Autobooks Raises $25 Million In Series B https://pulse2.com/autobooks-raises-25-million-in-series-b/ 32:00 - Zeni Raises $13.5M To Put A Real-Time Digital Bookkeeper Inside Every Startup – Crunchbase News https://news.crunchbase.com/news/zeni-raises-13-5m-to-put-a-real-time-digital-bookkeeper-inside-every-startup/ 33:20 - Deloitte Partners With Nvidia For AI Solutions https://big4accountingfirms.libsyn.com/deloitte-partners-with-nvidia-for-ai-solutions 34:40 - AI bookkeeping startup Zeni launches with $13.5M in funding https://www.accountingtoday.com/news/ai-bookkeeping-startup-zeni-launches-with-13-5m-in-funding 37:53 - Intuit adds e-signature capabilities to QBO Advanced https://www.accountingtoday.com/news/intuit-adds-e-signature-capabilities-with-docusign 44:00 - Accountant-created Bookgel releases new client acquisition app https://www.accountingtoday.com/news/accountant-created-bookgel-releases-new-client-acquisition-app 54:35 – We got a review! Thank you, Zankonator! 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:

Mar 10, 2021

Sponsor We'd like to thank our launch sponsor Rippling for making the Accounting Salon Conversations possible. Visit https://accountingsalonconversations.promo/rippling Get in Touch with Ryan twitter.com/ryankwatson facebook.com/ryan.watson.986227 linkedin.com/in/ryankeithwatson Upsourced Accounting Get in Touch with Amanda twitter.com/aguillardacct facebook.com/amanda.a.lo.3 linkedin.com/in/amandaaguillard Links Leave a review on Apple Podcasts or Podchaser Follow the Accounting Salon on Twitter Visit the Accounting Salon Get CPE credit at Elefant Training Check out content created by Accounting Salon members Connect with Accounting Salon members at events Browse a list of Accounting Conferences Subscribe Subscribe to the Accounting Salon Conversations podcast in your favorite podcast app! This podcast is a production of the Accounting Podcast Network Want to sponsor this podcast ? Full transcript available upon request.

Mar 10, 2021

Sponsors Odoo: https://cloudaccountingpodcast.promo/odoo Relay Financial: https://cloudaccountingpodcast.promo/relay MarginDriver: https://cloudaccountingpodcast.promo/margindriver Show Notes 2:30 - Cryptocurrency Buys Are Not Reportable To The IRS https://www.cointracker.io/blog/cryptocurrency-buys-are-not-reportable-to-the-irs 7:29 - What’s in the $1.9T stimulus bill passed by the Senate https://www.accountingtoday.com/articles/whats-in-the-1-9t-stimulus-bill-passed-by-the-senate 13:47 - AICPA calls on SBA to change 'unfair' PPP guidance, deadline https://www.journalofaccountancy.com/news/2021/mar/aicpa-calls-on-sba-to-change-unfair-ppp-guidance-deadline.html 16:05 - AICPA urges delay in tax deadline until June 15 https://www.accountingtoday.com/news/aicpa-urges-delay-in-tax-deadline-until-june-15 19:42 - FreshBooks, Salt Edge Team On Open Banking Tech https://www.pymnts.com/news/b2b-payments/2021/freshbooks-teams-with-salt-edge-smb-open-banking-tech/ 20:22 - QuickBooks launches all-new Business Account https://www.techradar.com/uk/news/quickbooks-launches-a-new-business-account-powered-by-fintech-modulr 20:36 - QuickBooks gets all Modulr with new business accounts https://www.enterprisetimes.co.uk/2021/03/03/quickbooks-gets-all-modulr-with-new-business-accounts/ 21:44 - Xero to buy Planday https://www.accountingtoday.com/news/xero-to-buy-planday 25:33 – Why we’re securing your account with Multi-Factor Authentication https://www.xero.com/blog/2021/03/introducing-xero-verify/ Xero – Further Reading https://www.planday.com/ Xero to acquire Planday to simplify workforce management and compliance https://www.xero.com/blog/2021/03/xero-to-acquire-planday/ Xero steps into workforce management space with $285m deal https://www.smh.com.au/business/small-business/xero-steps-into-workforce-management-space-with-285m-deal-20210304-p577s8.html Xero buys Planday: Accounting software firms biggest ever deal creates four growth options https://www.afr.com/chanticleer/xero-s-biggest-ever-deal-creates-four-growth-options-20210304-p577q6 What our new multi-factor authentication process means for Aussie customers https://www.xero.com/blog/2021/03/mfa-what-it-means-for-au-customers/ A message from Anna Curzon: What the Planday acquisition means for you https://www.xero.com/blog/2021/03/what-the-planday-acquisition-means-for-you/ 28:06 - Countingup closes £9.1M for its business current account with built-in accounting features https://techcrunch.com/2021/03/04/countingup-series-a/ 29:33 - Square acquires majority of Tidal, Jay-Z’s streaming service, in $297 million deal. https://www.nytimes.com/2021/03/04/business/media/tidal-square-jay-z-dorsey.html 34:42 - The Robots Are Coming for Phil in Accounting - The New York Times https://www.nytimes.com/2021/03/06/business/the-robots-are-coming-for-phil-in-accounting.html ​42:37 - Burger Restaurant Renames Menu So You Can Expense Items https://www.ladbible.com/news/food-burger-restaurant-renames-menu-so-you-can-expense-items-20210221 43:54 - Indoor marijuana grower keeps strict schedule to maximize output, avoid bottlenecks https://mjbizdaily.com/indoor-marijuana-grower-schedule-maximizes-output-and-avoids-bottlenecks/ 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:

Mar 3, 2021

Sponsors Rewind: https://cloudaccountingpodcast.promo/rewind BooksTime: https://cloudaccountingpodcast.promo/bookstime Odoo: https://cloudaccountingpodcast.promo/odoo Show Notes 02:30 – Blake’s take on craptastic TikTok tax advice https://www.cloudaccountingpodcast.com/213 03:08 - How the word 'accountant' became synonymous with sex workers, strippers, and OnlyFans creators on TikTok https://www.insider.com/what-is-a-tiktok-accountant-meaning-meme-2021-2 04:38 – Rocky Paterra – I’m an Accountant https://www.youtube.com/watch?v=yNLNHzjeSd8 09:58 - TransferWise Rebrands To Wise https://www.pymnts.com/news/cross-border-commerce/cross-border-payments/2021/transferwise-rebrands-to-wise/ 10:25 - Receipt Bank is Now Dext https://www.accountingweb.com/technology/accounting-software-news/receipt-bank-is-now-dext 11:07 - Welcome to Dext - Dext https://dext.com/us/blog/welcome-to-dext Dext Product FAQs – Dext https://help.receipt-bank.com/hc/en-us/articles/360017865657-Dext-Product-FAQs 14:47 - White House will give small firms two-week exclusive PPP access https://www.accountingtoday.com/articles/white-house-will-give-small-firms-two-week-exclusive-ppp-access 16:07 - Fraud Checks and Errors Slow Small-Business Relief Loans https://www.nytimes.com/2021/02/22/business/paycheck-protection-program-small-business-coronavirus.html?referringSource=articleShare 17:58 - Which States Are Taxing Forgiven PPP Loans? https://taxfoundation.org/state-tax-forgiven-ppp-loans/ 20:42 - Federal Reserve Financial-Services Systems Disrupted for Hour https://www.wsj.com/articles/federal-reserve-reports-several-business-lines-disrupted-by-operational-error-11614194912 Rare Outage Takes Fed Payment Systems Offline https://www.cfo.com/credit/2021/02/rare-outage-takes-fed-payment-systems-offline/ 21:30 - Yellen sounds warning about 'extremely inefficient' bitcoin https://www.cnbc.com/2021/02/22/yellen-sounds-warning-about-extremely-inefficient-bitcoin.html 21:59 – CAP Crypto Update episode https://www.cloudaccountingpodcast.com/bonus214 23:33 - Bitcoin’s Value Is All in the Eye of the ‘Bithodler’ https://www.wsj.com/articles/bitcoins-value-is-all-in-the-eye-of-the-bithodler-11613826002 25:03 - Companies investing in crypto may be in for a rude accounting surprise https://www.accountingtoday.com/news/companies-investing-in-crypto-may-be-in-for-a-rude-accounting-surprise 27:53 - Intuit's Q2 revenue declines due to later tax season https://www.zdnet.com/article/intuits-q2-revenue-declines-due-to-later-tax-season/ 28:21 - Square Doubles Down On Bitcoin; Posts Solid Q4 https://www.pymnts.com/earnings/2021/square-doubles-down-on-bitcoin-generates-1-7-billion-in-crypto-revenue/ 29:06 - More than half of Square’s revenue now comes from bitcoin trading https://www.paymentssource.com/news/more-than-half-of-squares-revenue-now-comes-from-bitcoin-trading 33:03 - What’s new in QuickBooks Online – February 2021 https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-february-2021/ 35:26 - Help grow your small business with Venmo: Business profiles are officially available for all sellers http://blog.venmo.com/hf2t3h4x98p5e13z82pl8j66ngcmry/2021/2/24/help-grow-your-small-business-with-venmo-business-profiles-are-officially-available-for-all-sellers 38:02 - Latest product news – March 2021 https://www.xero.com/blog/2021/03/latest-product-news-march-2021/ 40:12 - New & Improved in FreshBooks: Accounts Payable Aging Report, Credits, and More https://www.freshbooks.com/blog/product-updates-february-2021 41:35 - ADP Launches 'Roll™ by ADP®' Mobile App, a Completely Reimagined Way for Small Businesses to Do Payroll https://www.prnewswire.com/news-releases/adp-launches-roll-by-adp-mobile-app-a-completely-reimagined-way-for-small-businesses-to-do-payroll-301235154.html 45:35 - Affirm Launching Buy Now, Pay Later Debit Card

Feb 25, 2021

Sponsors Dext: https://cloudaccountingpodcast.promo/dext Odoo: https://cloudaccountingpodcast.promo/odoo Relay Financial: https://cloudaccountingpodcast.promo/relay Show Notes 1:50 – David got bitten by the Bitcoin bug! 6:25 - Tax season off to a slow start, lawmakers complain to IRS https://www.accountingtoday.com/news/tax-season-off-to-a-slow-start-lawmakers-complain-to-irs 8:19 – Is an end to the pandemic in sight? 12:27 - Take control of your calendar this busy season https://www.accountingtoday.com/opinion/take-control-of-your-calendar-this-busy-season 14:58 - Democrat bills would help the IRS go after wealthy, corporations https://www.accountingtoday.com/news/democrats-introduce-bills-to-increase-taxes-on-wealthy-and-corporations 22:00 - Screenshot of the Horrific UI Design That Led Citigroup to Accidentally Send $893 Million https://www.core77.com/posts/105540/Screenshot-of-the-Horrific-UI-Design-That-Led-Citigroup-to-Accidentally-Send-893-Million What can we learn from Citi's $900 million mistake? - DEV Community https://dev.to/feileacan/what-can-we-learn-from-citi-s-900-million-mistake-3p0j 29:20 - Sales-Hiding Software Outsmarts U.S. Tax Collectors (Podcast) https://news.bloombergtax.com/financial-accounting/sales-hiding-software-outsmarts-u-s-tax-collectors-podcast 35:20 - Don’t Get Zapped: Enforcement against Businesses That Use Sales Suppression Software Is on the Upswing https://www.blankrome.com/publications/dont-get-zapped-enforcement-against-businesses-use-sales-suppression-software-upswing 37:33 - Most Restaurants Couldn’t Pay December’s Rent https://www.pymnts.com/news/retail/2021/survey-says-most-nyc-restaurants-couldnt-pay-december-rent/ 39:28 - 32% of Small Businesses Have a Month or Less in Cash Reserves https://smallbiztrends.com/2021/02/alignable-small-business-cash-reserves-report-covid-recovery.html 43:01 - SURVEY: If Only We Had Time For… https://cpatrendlines.com/2021/02/18/survey-if-only-we-had-time-for/ 46:38 - Robinhood Fails to Meet Deadline to Give Customers Tax Forms https://www.bloomberg.com/news/articles/2021-02-17/robinhood-misses-irs-deadline-to-give-customers-their-tax-forms 48:40 - Brex applies for bank charter, taps former Silicon Valley Bank exec as CEO of Brex Bank https://techcrunch.com/2021/02/19/brex-applies-for-bank-charter-taps-former-silicon-valley-bank-exec-as-ceo-of-brex-bank/ 49:12 - Iwoca Integrates With Xero For Pay Later Option https://www.pymnts.com/news/b2b-payments/2021/iwoca-integrates-with-xero-for-smb-pay-later-option/ 50:35 - PayPal Wants To Become The Banking World's Next 'Super App' https://thefinancialbrand.com/107787/paypal-venmo-banking-super-mobile-app-payments/ 54:14 - PayPal - Pay touch-free with a QR code https://www.paypal.com/us/webapps/mpp/qrcode 54:16 - Revolut Business Introduces QR Codes For Payments https://www.pymnts.com/news/payment-methods/2021/revolut-business-introduces-qr-codes-for-payments/ 55:41 – We’ve got VOICEMAIL! Thank you, Giuseppe for sharing your struggles with QuickBooks Cash! 59:37 - Shopify Smashes Estimates With Q4 Results https://www.pymnts.com/news/retail/2021/shopify-q4-results-smash-estimates-growth-could-slow-post-covid/ 59:54 - Why Amazon Snapped Up Selz https://www.pymnts.com/amazon-acquisitions/2021/why-amazon-snapped-up-selz/ 60:12 - Exciting News! DEAR Systems and Orderhive have joined Cin7 https://www.cin7.com/blog/cin7/exciting-news-dear-systems-and-orderhive-have-joined-cin7/ https://www.orderhive.com/orderhive-has-joined-cin7 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: ...

Feb 19, 2021

Sponsors BQE CORE: http://cloudaccountingpodcast.promo/core Bookkeep: https://cloudaccountingpodcast.promo/bookkeep BooksTime: https://cloudaccountingpodcast.promo/bookstime Show Notes 1:00 - Welcome back, Rachel Fisch! 2:40 - MNP to acquire subset of Deloitte business to expand footprint in select locations across Canada https://www2.deloitte.com/ca/en/pages/press-releases/articles/mnp-acquires-subset-of-deloitte-business.html 9:31 – Episode 49 Discussion about KPMG back in December of 2018 https://www.cloudaccountingpodcast.com/49 14:49 - EY U.S. Chair Kelly Grier Is Super Excited About EY’s Super Bowl Ad, You Guys https://www.goingconcern.com/ey-u-s-chair-kelly-grier-is-super-excited-about-eys-super-bowl-ad-you-guys/ 15:15 – Take a listen to EY’s Super Bowl Ad 16:00 - Same year that EY elected to forgo performance based raises, it’s getting a super bowl commercial. https://www.reddit.com/r/Accounting/comments/ldxyha/same_year_that_ey_elected_to_forgo_performance/ 18:07 - Verizon, Deloitte Unveil 5G Retail Platform https://www.pymnts.com/news/retail/2021/verizon-deloitte-unveil-seismic-5g-powered-retail-productivity-and-efficiency-platform/ 21:46 – More about Elon Musk’s Starlink https://www.starlink.com/ 23:09 - Tax forms help reveal extent of unemployment fraud in US https://apnews.com/article/tax-forms-reveals-unemployment-fraud-d79070609d6f7eedc8a03b5e37b17506 27:11 - SBA works to fix PPP loan bottlenecks https://www.accountingtoday.com/news/sba-works-to-fix-ppp-loan-bottlenecks 28:31 - Loan System Bugs Holding Up PPP Loans: AICPA https://www.cfo.com/credit/2021/02/loan-system-bugs-holding-up-ppp-loans-aicpa/ 30:13 - IRS warns of e-file identity theft scam https://www.accountingtoday.com/news/irs-warns-of-e-file-identity-theft-scam 32:40 - TSheets is Becoming QuickBooks Time https://www.intuitiveaccountant.com/general-ledger/tsheets-is-becoming-quickbooks-time/ 34:02 - Cleareye.ai and Microsoft partner on PPP loan forgiveness platform https://www.accountingtoday.com/news/cleareye-ai-and-microsoft-partner-on-ppp-loan-forgiveness-platform 35:19 - Former WageWorks CFO, CEO Settle Accounting Case https://www.cfo.com/legal/2021/02/former-wageworks-execs-settle-accounting-case/ 36:16 - Rippling Launches Time & Attendance Tool https://www.accountingweb.com/technology/accounting-software-news/rippling-launches-time-attendance-tool 38:20 - Zapier announces 3,000+ apps and brings automation inside partner products https://finance.yahoo.com/news/zapier-announces-3-000-apps-140800817.html 39:34 - The 7 best online whiteboards in 2021 https://zapier.com/blog/best-online-whiteboard 42:42 - PayZen Nets $5M For Hospital Payment Platform https://www.pymnts.com/healthcare/2021/payzen-nets-5m-funding-for-hospital-payment-platform/ 44:12 - Credit Karma Integrates Account With TurboTax https://www.pymnts.com/consumer-finance/2021/credit-karma-integrates-spend-account-with-turbotax-in-first-post-acquisition-move/ 45:17 - Another Remote-Work Year Looms as Office-Reopening Plans Are Delayed https://www.wsj.com/articles/another-remote-work-year-looms-as-office-reopening-plans-are-delayed-11613039402 49:27 - Salesforce says work from home is here to stay https://finance.yahoo.com/video/salesforce-says-home-stay-155726928.html 51:17 - Virtual accounting: How to succeed remotely https://www.journalofaccountancy.com/news/2021/feb/virtual-accounting-remote-success.html 52:59 - Luckin Coffee files for bankruptcy after accounting scandal https://www.accountingtoday.com/articles/luckin-coffee-files-for-bankruptcy-after-accounting-scandal 53:36 - German Markets Watchdog Chief Fired Over Wirecard Scandal https://www.wsj.com/articles/german-markets-watchdog-chief-fired-over-wirecard-scandal-11611943958 54:17 – Stay tuned for more info on Rachel’s Accounting and Finance Tech Club events on Clubhouse (app)! Get in Touch with Rachel! Twitter: https://twitter.com/fischbooks LinkedIn: https://www.linkedin.com/in/rachelfisch/ 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 lik...

Feb 17, 2021

Guests Shehan Chandrasekera, CPA https://www.linkedin.com/in/shehanc/ CPA Practice Advisor 40 Under 40 honoree Head of Strategy for Tax at CoinTracker Dr. Sean Stein Smith, CPA https://www.linkedin.com/in/dr-sean-stein-smith-dba-cpa-63307444/ Assistant Professor at Lehman College (CUNY) Founder at Company NameInstitute for Blockchain & Cryptoasset Research Show Notes 2:55 - Bitcoin to Come to America’s Oldest Bank, BNY Mellon https://www.wsj.com/articles/bitcoin-to-come-to-america-s-oldest-bank-bny-mellon-11613044810 4:49 - Tesla Buys $1.5 Billion in Bitcoin: What Could Possibly Go Wrong? https://www.wsj.com/articles/tesla-and-bitcoin-what-could-possibly-go-wrong-11612797620 5:47 - What Do Bitcoin and Tulip Mania Have in Common? https://interestingengineering.com/what-do-bitcoin-and-tulip-mania-have-in-common 5:50 - The underlying value of cryptocurrency 7:00 - Store of value, or more? 8:18 - Exiting Robinhood Could Create A Tax Nightmare For Crypto Users https://www.forbes.com/sites/shehanchandrasekera/2021/01/28/exiting-robinhood-could-create-a-tax-nightmare-for-crypto-users/?sh=7a02ea1b4ad6 11:07 - Five taxable events regarding crypto 14:42 - Four types of cryptocurrency holders in the U.S. 16:18 - If your clients hold crypto, what risks do you face, as an accountant, or tax preparer? 21:39 - Asking About Crypto on An Organizer? It's Not Enough https://www.boomer.com/post/asking-about-crypto-on-an-organizer-it-s-not-enough?vgo_ee=76sfxqcZn66PFl4np71OpQ%3D%3D By Gary Boomer 22:00 - Is Bitcoin a bubble? 33:27 - What does the future hold for Bitcoin? 38:53 - What are the business use cases for blockchain? 41:10 - Smart contracts in the blockchain Additional Crypto Reading: Mastercard to Support Some Cryptocurrencies on Its Network https://www.wsj.com/articles/mastercard-to-support-some-cryptocurrencies-on-its-network-11613004823?mod=article_inline Intent On Ban, India To Give Transition Time To Crypto Investors https://www.bloombergquint.com/business/intent-on-ban-india-to-give-transition-time-to-crypto-investors-bq-exclusive As Bitcoin Soars Toward $50,000, Data Reveals Tesla Billionaire Elon Musk Triggered A $1.2 Billion Price Short-Squeeze https://www.forbes.com/sites/billybambrough/2021/02/12/as-bitcoin-soars-toward-50000-data-reveals-tesla-billionaire-elon-musk-triggered-a-12-billion-bitcoin-price-short-squeeze/?sh=98368a2219ed Bitcoin Is an Incredibly Dirty Business https://www.bloomberg.com/opinion/articles/2021-01-26/is-bitcoin-mining-worth-the-environmental-cost Bitcoin's wild ride renews worries about its massive carbon footprint https://www.cnbc.com/2021/02/05/bitcoin-btc-surge-renews-worries-about-its-massive-carbon-footprint.html What is dogecoin? Elon Musk has sent the meme cryptocurrency soaring https://finance.yahoo.com/news/what-is-dogecoin-the-meme-cryptocurrency-elon-musk-has-sent-soaring-170244933.html 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info and be sure to check out our special stimulus pricing of four episodes for just $100. Full Transcript Available Upon Request - ...

Feb 15, 2021

Meet Ed Kless LinkedIn - https://www.linkedin.com/in/edkless/ Twitter - https://twitter.com/edkless Sage - https://www.sage.com/en-us/blog/author/ed-kless/ Sage Thought Leadership Podcast – https://sagethoughtleadership.com The Soul of Enterprise – http://thesoulofenterprise.com/ Show Notes Another Remote-Work Year Looms as Office-Reopening Plans Are Delayed https://www.wsj.com/articles/another-remote-work-year-looms-as-office-reopening-plans-are-delayed-11613039402 Learn more about the Sage Accountants Network https://www.sage.com/en-us/accountants/products/sage-accountants-network/ 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info and be sure to check out our special stimulus pricing of four episodes for just $100. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Feb 10, 2021

Sponsors QuickFee: https://cloudaccountingpodcast.promo/quickfee Practice Ignition: https://cloudaccountingpodcast.promo/pi Odoo: https://cloudaccountingpodcast.promo/odoo Show Notes 1:30 - Terrible financial advice is going viral on TikTok https://www.vox.com/the-goods/22229551/tiktok-personal-finance-day-trading-tesla-scam 1:44 - TikTok Compilation Life Hack A Piece Of Information You Learned That feels Illegal to Know MashUps https://www.youtube.com/watch?v=An3zt1xE6bA 2:20 - Question: https://youtu.be/An3zt1xE6bA?t=16 3:40 - Start a church: https://youtu.be/An3zt1xE6bA?t=71 4:25 - S corp: https://youtu.be/An3zt1xE6bA?t=97 9:44 - Closing the Diversity Gap - Strategic Finance https://sfmagazine.com/post-entry/february-2021-closing-the-diversity-gap/ 11:28 - Diverse talent leaving accounting jobs due to 'lack of inclusion' https://www.accountingtoday.com/news/diverse-talent-leaving-accounting-jobs-due-to-lack-of-inclusion 13:00 - Accounting profession marks centennial of first Black CPA with new diversity campaign https://www.accountingtoday.com/news/accounting-profession-marks-centennial-of-first-black-cpa-with-new-diversity-campaign 13:20 - Here's Another Reminder That Accounting Firms Used to Be Pretty Racist Back In the Day https://www.goingconcern.com/heres-another-reminder-that-accounting-firms-used-to-be-pretty-racist-back-in-the-day/ 14:00 - BlackCPAcentennial https://www.icpas.org/BlackCPAcentennial 15:47 - What Auditors Know about Amazon Product Ratings https://cpatrendlines.com/2021/02/05/what-auditors-know-about-amazon-product-ratings/ The Paper: Audit Leadership Diversity and Audit Quality http://hdl.handle.net/10125/70473 21:16 - TSheets is Becoming QuickBooks Time https://www.intuitiveaccountant.com/general-ledger/tsheets-is-becoming-quickbooks-time/ Introducing QuickBooks Time: It’s TSheets … with a new name https://quickbooks.intuit.com/blog/news/introducing-quickbooks-time-its-tsheets-with-a-new-name/ 22:01 - QuickBooks Online Accountants Getting Upgrade https://www.accountingweb.com/technology/accounting-software-news/quickbooks-online-accountants-getting-upgrade 23:54 - Intuit - Changes to QuickBooks Online Payments Bank Transfer (ACH) Deposit Speed & Pricing https://intuit.me/3tSGicC 26:06 - Small Business Bank Account & Debit Card - QuickBooks Cash https://quickbooks.intuit.com/payments/business-bank-account/ 27:37 - CAP Listener, Todd Plager, weighs in on QuickBooks Cash 30:00 - Intuit Acquires OneSaas https://www.intuit.com/blog/investors/intuit-acquires-onesaas/ 32:21 - Okta: Best-of-Breed Apps Are Still Winning https://www.saastr.com/okta-best-of-breed-apps-are-still-winning/ 34:24 - Xero: Latest product news – February 2021 https://www.xero.com/blog/2021/02/latest-product-news-february-2021/ 38:02 - Here's Why This Fintech Stock Is Skyrocketing on Friday https://www.fool.com/investing/2021/02/05/heres-why-this-fintech-stock-is-skyrocketing-on-fr/ 42:06 - Cloud AP/AR company Lockstep closes $10M in Series A funding https://www.accountingtoday.com/news/cloud-accounting-company-lockstep-closes-10m-in-series-a-funding 42:41 - Whistleblowing soars to record with Americans working from home https://www.accountingtoday.com/articles/whistleblowing-soars-to-record-with-americans-working-from-home 43:45 - Microsoft CEO Nadella Bets Businesses Are Ready to Spend Big on Employee Software https://www.wsj.com/articles/microsoft-ceo-nadella-bets-businesses-are-ready-to-spend-big-on-employee-software-11612447214 Microsoft Viva https://www.microsoft.com/en-us/microsoft-viva 45:46 - Deloitte in hot water in China after an employee makes a PPT exposing alleged accounting violations https://www.globaltimes.cn/page/202102/1215067.shtml Deloitte Whistleblower Alleges Auditing Violations in China https://www.caixinglobal.com/2021-02-06/deloitte-whistleblower-alleges-auditing-violations-in-china-101661171.html 49:20 - CDC paid Deloitte $44 million for faulty vaccine appointment system https://www.businessinsider.com/cdc-deloitte-flawed-coronavirus-vaccine-appointment-system-2021-2 53:21 - We've got VOICEMAIL! Thank you, Sean Birdsell! 55:18 - Taxpayers need clarity on coordination of ERC and PPP loans https://www.journalofaccountancy.com/news/2021/jan/ppp-loan-employee-retention-credit-erc-taxpayers-need-clarity.html Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet

Feb 3, 2021

Sponsors Odoo: https://cloudaccountingpodcast.promo/odoo QuickFee: https://cloudaccountingpodcast.promo/quickfee Relay Financial: https://cloudaccountingpodcast.promo/relay Show Notes 01:08 - GameStop https://en.wikipedia.org/wiki/GameStop 01:31 - Can’t Stop GameStop https://www.npr.org/2021/01/25/960454567/cant-stop-gamestop 03:38 - This is how Wall Street thinks the Reddit-fueled GameStop trade unravels https://www.cnbc.com/2021/01/28/this-is-how-wall-street-thinks-the-reddit-fueled-gamestop-trade-unravels-.html 05:27 - Robinhood Raises $1B Amid GameStop Firestorm https://www.cfo.com/credit/2021/01/robinhood-draws-1b-from-credit-line-amid-gamestop-firestorm 07:01 - For GameStop day traders, the moment they've dreamed about https://apnews.com/article/us-news-health-coronavirus-pandemic-financial-markets-financial-crisis-834f2dd17cbbc5222e2fc4be3f41ab42 09:47 - The CAP-GameStop Connection? 13:18 - Sage customers are losing their minds – and could face SARS trouble – after outages https://www.businessinsider.co.za/on-sars-deadline-day-sage-systems-go-down-again-and-clients-are-going-crazy-2021-1 14:17 - A South African CAP Listener weighs in on the Sage Debacle. Thank you! 17:55 - We've got eMAIL - on PPP guilt, and Quicken! Thank you, Anonymous Listener! 20:44 - Melio raises $110M on a $1.3B valuation to bring B2B payments for SMBs into the 21st century https://techcrunch.com/2021/01/25/melio-raises-110m-on-a-1-3b-valuation-to-bring-b2b-payments-for-smbs-into-the-21st-century/ 21:01 - Melio hits $1.3bn valuation https://www.finextra.com/newsarticle/37337/melio-hits-13bn-valuation 22:27 - Expensify adds Enhanced Invoicing And Bill Pay to its Preaccounting Platform https://www.intuitiveaccountant.com/vendor-news/expensify-adds-enhanced-invoicing-and-bill-pay-to-its-preacc/ Expensify Rounds Out Its Preaccounting Platform With Enhanced Invoicing And Bill Pay https://www.businesswire.com/news/home/20210125005260/en/Expensify-Rounds-Out-Its-Preaccounting-Platform-With-Enhanced-Invoicing-And-Bill-Pay 27:05 - FLEETCOR Acquires Cloud Software Platform Provider of B2B Online Bill Payment https://www.fleetcor.com/news/fleetcor-acquires-cloud-software-platform-provider-of-b2b-online-bill-payment/ Additional Reading on Roger: Roger Has Been Acquired by FLEETCOR https://www.accountingweb.com/technology/accounting-software-news/roger-has-been-acquired-by-fleetcor Roger Blog | Roger acquired by FLEETCOR, a leading global business payments company https://www.roger.ai/post/roger-acquired-by-fleetcor 27:51 - Pilot Raises $60M To Help SMBs Modernize Finances https://www.pymnts.com/news/b2b-payments/2021/pilot-raises-60-million-dollars-help-smbs-modernize-finances/ 28:16 - Pilot Closes $60M Series C from Sequoia: What Comes Next https://pilot.com/blog/pilot-closes-60m-series-c-from-sequoia-what-comes-next 32:24 - Check Launches With $35M To Streamline Payroll https://www.pymnts.com/news/b2b-payments/2021/check-launches-with-35-million-streamline-payroll/ 33:27 - Plaid Unveils Deposit Switch https://www.pymnts.com/news/banking/2021/plaid-unveils-deposit-switch-to-digitize-account-funding/ 34:47 - DailyPay Launches CYCLE To Disburse Payments https://www.pymnts.com/news/b2b-payments/2021/dailypay-launches-cycle-disburse-off-cycle-payments/ 38:55 PPP loan application within QuickBooks Capital now available https://quickbooks.intuit.com/blog/news/ppp-loan-application-within-quickbooks-capital-now-available/ 39:43 - What’s new in QuickBooks Online: January 2021 https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-january-2021/ 41:51 - TaxJar goes to bat for customers in Tennessee https://blog.taxjar.com/taxjar-goes-to-bat-for-customers-in-tennessee/ 43:56 - TaxAct and TaxDome pair to create end-to-end tax management https://www.accountingtoday.com/news/taxact-and-taxdome-pair-to-create-end-to-end-tax-management 44:53 - Tax filing season to start Feb. 12, IRS announces https://www.journalofaccountancy.com/news/2021/jan/tax-return-filing-season-starts-feb-12-2021.html 45:08 - IRS chief: Agency is 'current' on mail as start of filing season approaches https://thehill.com/policy/fin...

Jan 28, 2021

Sponsors Rewind: https://cloudaccountingpodcast.promo/rewind Practice Ignition: https://cloudaccountingpodcast.promo/pi Bookkeep: https://cloudaccountingpodcast.promo/bookkeep Show Notes 01:10 - Sage cloud accounting offline for entire week as SMMEs wait to file returns https://citizen.co.za/business/business-news/2424489/sage-cloud-accounting-offline-for-entire-week-as-smmes-wait-to-file-return 02:02 - Sage South Africa on Twitter: "📢We’re really sorry that our customers are still experiencing problems with Sage Business Cloud Accounting. We understand this is causing serious disruption to our customers’ business and we are working round the clock, with our partners, to restore the service." https://twitter.com/SageGroupZA/status/1352157566344814592 04:11 - WE'VE GOT VOICEMAIL! Thank you, Mary Going! 06:29 - WFH In 2021? Get Ready For Those Remote Salary Adjustments https://www.goingconcern.com/wfh-in-2021-get-ready-for-those-remote-salary-adjustments/?utm_source=rss&utm_medium=rss&utm_campaign=wfh-in-2021-get-ready-for-those-remote-salary-adjustments 10:57 - Biden’s Wall Street watchdogs signal new era of tough oversight https://www.accountingtoday.com/articles/bidens-wall-street-watchdogs-signal-new-era-of-tough-oversight 12:02 - Pay Equity Startup Raises $17.1 Million in Round Led by Bessemer https://www.theinformation.com/articles/pay-equity-startup-raises-17-1-million-in-round-led-by-bessemer 14:47 - LendingClub Gets OK to Acquire Radius Bancorp https://www.pymnts.com/news/partnerships-acquisitions/2021/lendingclub-gets-ok-to-acquire-radius-bancorp/ 15:46 - Rewind Closes $15 Million Series A to Meet Mounting Market Demand for Cloud Data Protection https://www.intuitiveaccountant.com/vendor-news/rewind-closes-15-million-series-a-to-meet-mounting-market-de/ 17:25 - TripActions Raises $155 Million To Boost Travel https://www.pymnts.com/news/investment-tracker/2021/tripactions-raises-155-million-to-boost-travel-spend-management/ 19:39 - The best laptop 2021: 15 best laptops money can buy in 2021 https://www.techradar.com/news/mobile-computing/laptops/best-laptops-1304361 22:42 - The 5 best SMS apps for small businesses in 2021 https://zapier.com/blog/best-sms-app 24:23 - Navigate from Hubdoc to Xero and streamline your work https://www.xero.com/blog/2021/01/navigate-from-hubdoc-to-xero/ 26:48 - 'Zoom fatigue' has hit 4 in 10 employees -- your best course of action https://www.cfodailynews.com/articles/zoom-fatigue/ 29:24 - Need to Take a Dump but Stuck in a Zoom Call? There’s an App for That https://www.goingconcern.com/need-to-take-a-dump-but-stuck-in-a-zoom-call-theres-an-app-for-that/?utm_source=rss&utm_medium=rss&utm_campaign=need-to-take-a-dump-but-stuck-in-a-zoom-call-theres-an-app-for-that 31:22 - Nearly a Third of Workers Say They’d Quit Before Returning to the Office When All This is Over https://www.goingconcern.com/nearly-a-third-of-workers-say-theyd-quit-before-returning-to-the-office-when-all-this-is-over/?utm_source=rss&utm_medium=rss&utm_campaign=nearly-a-third-of-workers-say-theyd-quit-before-returning-to-the-office-when-all-this-is-over 31:46 - OfficeSpace Survey: 71 Percent of Employed Americans Eager to Return to the Office https://rebusinessonline.com/officespace-survey-71-percent-of-employed-americans-eager-to-return-to-the-office/ 33:49 - A Cultural Tax History Of The Three-Martini Lunch https://www.forbes.com/sites/taxnotes/2021/01/21/a-cultural-tax-history-of-the-three-martini-lunch/ 36:34 - Remote Work Is More Productive https://cpatrendlines.com/2021/01/07/remote-work-is-more-productive/ 39:46 - Welcome to the Fake Office Commute (Turns Out People Miss the Routine) https://www.wsj.com/articles/welcome-to-the-fake-office-commute-turns-out-people-miss-the-routine-11610383617 41:24 - WFH In 2021? Get Ready For Those Remote Salary Adjustments https://www.goingconcern.com/wfh-in-2021-get-ready-for-those-remote-salary-adjustments/?utm_source=rss&utm_medium=rss&utm_campaign=wfh-in-2021-get-ready-for-those-remote-salary-adjustments 43:00 - No Meetings, No Deadlines, No Full-Time Employees https://sahillavingia.com/work 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

Jan 20, 2021

Sponsors BooksTime: https://cloudaccountingpodcast.promo/bookstime QuickFee: https://cloudaccountingpodcast.promo/quickfee Practice Ignition: https://cloudaccountingpodcast.promo/pi Show Notes 00:56 - Blake's been forgiven by the PPP! 05:50 - ‘It Was a Joke’: Some Small Businesses Got $1 Relief Loans https://www.nytimes.com/2021/01/11/business/small-businesses-ppp-covid.html?referringSource=articleShare 09:42 - Bitcoin and SPACs Give 2021 a Flavor of Dot-Com Bubble https://www.bloomberg.com/opinion/articles/2021-01-04/bitcoin-and-spacs-give-2021-a-flavor-of-dot-com-bubble 14:24 - Visa and Plaid Abandon Merger After Antitrust Division’s Suit to Block https://www.justice.gov/opa/pr/visa-and-plaid-abandon-merger-after-antitrust-division-s-suit-block 17:38 - Visa, Fintech Startup Plaid Drop Merger Plans After DOJ Antitrust Lawsuit https://www.forbes.com/sites/rachelsandler/2021/01/12/visa-drops-plans-to-acquire-fintech-startup-plaid-after-doj-antitrust-lawsuit Related stories: Plaid CEO touts new ‘clarity’ after failed Visa acquisition https://techcrunch.com/2021/01/14/plaid-ceo-touts-new-clarity-after-failed-visa-acquisition/ Visa Opts Out Of Plaid Acquisition, Cites Lawsuit https://www.pymnts.com/news/partnerships-acquisitions/2021/visa-opts-out-plaid-acquisition-cites-complex-litigation/ 18:44 - Stripe Stops Processing Payments for Trump Campaign Website https://www.wsj.com/articles/stripe-stops-processing-payments-for-trump-campaign-website-11610319116 19:54 - Shopify Takes Trump Organization and Campaign Stores Offline https://www.wsj.com/articles/shopify-takes-trumpstore-com-offline-in-response-to-riot-11610035673 21:10 - Who is Jack Ma? Where the Alibaba co-founder came from and disappeared https://nypost.com/article/who-is-jack-ma-where-alibaba-founder-cam-from-disappeared-to/ 23:16 - Individual CPAs can apply for .cpa domains now https://www.accountingtoday.com/news/individual-cpas-can-apply-for-cpa-domains-now 31:57 - Cloud-based farm accounting solution launched by ag tech start-up Traction https://www.agriculture.com/news/technology/cloud-based-farm-accounting-solution-launched-by-ag-tech-startup-traction 32:57 - TrustBooks Releases Full Accounting Software Niched Specifically for Legal https://www.prweb.com/releases/trustbooks_releases_full_accounting_software_niched_specifically_for_legal/prweb17651217.htm 35:25 - Commerce7 and Ekos Integrate to Help Wineries Sync D2C Sales, Inventory and Accounting https://wineindustryadvisor.com/2021/01/13/commerce7-ekos-integrate-help-wineries 36:32 - Lightspeed Rolls Out Vendor Network For SMBs https://www.pymnts.com/news/b2b-payments/2021/lightspeed-rolls-out-vendor-network-for-smbs/ 40:26 - Here’s Intuit’s plan to get Mint back on track after years of neglect https://www.fastcompany.com/90591464/intuit-mint-new-version-and-alternatives 47:45 - Listener questions from M. Ives. Thank you! 50:55 - Melody Seefeldt talks credit hours for the CPA. 51:56 - Color us corrected (via Twitter)! 53:10 - Talk to us! Tell us how your tax season goes! Share your PPP adventures! We really want to know! 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Breadwinner - https://bread...

Jan 13, 2021

Sponsors BooksTime: https://cloudaccountingpodcast.promo/bookstime Bookkeep: https://cloudaccountingpodcast.promo/bookkeep Show Notes 3:28 - Accounting firm heads urge Congress to accept Electoral College results https://www.accountingtoday.com/news/accounting-firm-heads-business-leaders-urge-congress-to-accept-electoral-college-results 3:37 - Firm leaders weigh in on storming of Capitol building https://www.accountingtoday.com/news/firm-leaders-weigh-in-on-storming-of-capitol-building 7:35 - Trump Loses Social Media Megaphone as Facebook, Twitch Act https://www.bloomberg.com/news/articles/2021-01-07/facebook-instagram-restrictions-on-trump-accounts-extended 10:38 - Why it's imperative to own your own marketing channels 13:41 - Employers cut 140K jobs in December, but added 2.3K in accounting https://www.accountingtoday.com/news/employers-cut-140k-jobs-in-december-but-added-2-3k-in-accounting 15:05 - A Week Into Full Brexit, the Pain for U.K. Businesses Has Arrived https://www.nytimes.com/2021/01/09/business/Brexit-British-economy.html 17:00 - With Congress approving up to $284 billion to loans, small businesses can apply for Paycheck Protection starting Jan. 11 https://www.cnbc.com/2021/01/08/small-businesses-can-apply-for-ppp-loans-starting-jan-11.html Date set for limited PPP reopening https://www.journalofaccountancy.com/news/2021/jan/ppp-application-reopening-date.html 17:40 - TurboTax and H&R Block say they have fixed the issues that prevented $600 stimulus checks from being paid out https://www.businessinsider.com/turbotax-hr-block-fixed-issues-delaying-stimulus-payments-2021-1 18:32 - Treasury issues millions of second Economic Impact Payments by debit card | Internal Revenue Service https://www.irs.gov/newsroom/treasury-issues-millions-of-second-economic-impact-payments-by-debit-card 20:51- Banks Withhold Stimulus To Cover Overdraft Fees https://www.pymnts.com/bank-regulation/2021/banks-may-withhold-stimulus-checks-to-cover-overdraft-fees/ 21:25 - Stimulus law may put disputes over PPP agent fees to rest for banks https://www.americanbanker.com/news/stimulus-law-may-put-disputes-over-ppp-agent-fees-to-rest-for-banks 24:15 - Ted Callahan announced as new accountant business leader for Intuit’s Small Business Self-Employed Group - Firm of the Future https://www.firmofthefuture.com/content/ted-callahan-announced-as-new-accountant-business-leader-for-intuits-small-business-self-employed-group/ 25:52 - Pennylane raises $18.4 million for its accounting service https://techcrunch.com/2021/01/07/pennylane-raises-18-4-million-for-its-accounting-service/ 30:21 - Avalara Unveils Cloud Sales Tax Returns Solution for Accounting Firms of All Sizes https://www.businesswire.com/news/home/20210107005090/en/Avalara-Unveils-Cloud-Sales-Tax-Returns-Solution-for-Accounting-Firms-of-All-Sizes 31:41 - Deloitte deal makes Tax Analysts’ law library public https://www.accountingtoday.com/news/deloitte-deal-makes-tax-analysts-law-library-public 33:05 - Go Forth and Azlo https://www.azlo.com/blog/go-forth-and-azlo 39:00 - IRS overlooks billions in potential taxes from nonfilers https://www.accountingtoday.com/news/irs-overlooks-billions-in-potential-taxes-from-nonfilers-and-underreporters 42:36 - BKD premieres film noir tax parody https://www.accountingtoday.com/news/bkd-helms-tax-film-noir-short 45:18 - EY and Microsoft expand Xbox blockchain smart contract platform https://www.accountingtoday.com/news/ey-and-microsoft-expand-xbox-blockchain-smart-contract-platform 46:33 - U.S. Accounting Standard-Setter Looks to Tackle Controversial Topics in 2021 https://www.wsj.com/articles/u-s-accounting-standard-setter-looks-to-tackle-controversial-topics-in-2021-11609434034 47:23 - Cost Versus Value: Is GAAP Obsolete? https://www.accountingtoday.com/opinion/cost-versus-value-is-gaap-obsolete 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...

Jan 7, 2021

Sponsors FreshBooks: https://cloudaccountingpodcast.promo/freshbooks QuickFee: https://cloudaccountingpodcast.promo/quickfee Show Notes 02:12 - Do David and Blake have any 2021 resolutions? 04:38 - Apparently NASBA Offices Narrowly Avoided the Nashville Bombing https://www.goingconcern.com/apparently-nasba-offices-narrowly-avoided-the-nashville-bombing/ 05:54 - IRS taxpayer data wasn’t exposed in SolarWinds hack, says TIGTA https://www.accountingtoday.com/news/irs-taxpayer-data-wasnt-exposed-in-solarwinds-hack-says-tigta 08:07 - Sovos buys LTax https://www.accountingtoday.com/news/sovos-buys-ltax-provider-of-payroll-and-unemployment-tax-automation 08:51 - Tax Software Firm Avalara Acquires INPOSIA https://www.pymnts.com/news/partnerships-acquisitions/2020/tax-compliance-software-firm-avalara-acquires-inposia/ 09:46 - RSM acquires MondayCall https://www.accountingtoday.com/news/rsm-acquires-salesforce-consultancy-mondaycall 12:10 - FedEx Wraps Up ShopRunner Purchase https://www.pymnts.com/news/partnerships-acquisitions/2020/fedex-wraps-up-shoprunner-purchase/ 17:00 - Justice Dept. charges Texas billionaire with biggest tax fraud case in US history https://thehill.com/policy/finance/521253-justice-dept-charges-texas-billionaire-with-biggest-tax-fraud-case-in-us 20:48 - Some businesses thrived, many lagged during pandemic in 2020 https://dayton247now.com/news/coronavirus/some-businesses-thrived-many-lagged-during-pandemic-in-2020 23:23 - Six Stories From a Downtown District Show Pandemic’s Uneven Toll https://www.wsj.com/articles/some-asheville-businesses-thrived-with-government-backed-ppp-loans-others-struggled-11609426801 29:21 - We've got VOICEMAIL! Thank you, Kelly! 37:06 - 2019 Small Business Finance and HR Report https://onpay.com/small-business-hr-software/2019-small-business-finance-hr 40:39 - SURVEY: Tech Spending Slows https://cpatrendlines.com/2020/12/12/survey-tech-spending-slows/ 46:11 - We're on the edge! A review from Ilibanili on Apple Podcasts. Thank you, Ili! 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Dec 30, 2020

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay ClockShark: https://cloudaccountingpodcast.promo/clockshark Financial Cents: https://cloudaccountingpodcast.promo/cents Show Notes 4:05 - 2019 Predictions! Also, Isaac Asimov predicted the computer automation revolution, Mindbody to be sold, senators prod regulators on FinTech, and what’s new in QBO https://www.cloudaccountingpodcast.com/episodes/2019-predictions-also-isaac-asimov-predicted-the-computer-automation-revolution-mindbody-to-be-sold-senators-prod-regulators-on-fintech-and-what-s-new-in-qbo 5:23 - Bookkeepers are embracing the role of trusted advisor https://www.accountingtoday.com/opinion/bookkeepers-embrace-role-of-trusted-advisor 7:07 - Elevate Messaging & Safety with Zoom Phone SMS, Reporting & E911 Enhancements https://blog.zoom.us/elevate-messaging-safety-with-zoom-phone/ 8:13 - The best and worst 2020 predictions (and some of our own) https://www.cloudaccountingpodcast.com/154 10:53 - Zoom may launch an email service and calendar app to compete with Google and Microsoft https://www.theverge.com/2020/12/23/22197057/zoom-email-service-calendar-app-microsoft-google-competition 13:27 - Square has discussed acquiring Jay-Z’s Tidal service https://bankinnovation.net/allposts/products/payments/square-has-discussed-acquiring-jay-zs-tidal-service/ 17:23 - Introducing Expensify.cash, open-source financial group chat, built with React Native https://community.expensify.com/discussion/7862/introducing-expensify-cash-open-source-financial-group-chat-built-with-react-native Expensify.cash https://expensify.cash/#/signin 27:45 - SEC Sues Ripple Over Sales of XRP Digital Assets http://feedproxy.google.com/~r/cfo/daily_briefing/~3/vZdi6MdgeUI/ 30:45 - Google Delays Return to Office and Eyes ‘Flexible Work Week’ https://www.nytimes.com/2020/12/14/technology/google-delays-return-to-office-and-eyes-flexible-work-week.html?referringSource=articleShare 32:41 - 81% of firms expect more remote work post-pandemic: Survey https://www.accountingtoday.com/news/81-percent-of-firms-expect-more-remote-work-post-pandemic-survey 34:58 - Can employers make COVID-19 vaccination mandatory? https://apnews.com/article/can-employers-covid-19-vaccine-mandatory-ba22c99f01f24ea3be7631ff751f0d82 36:40 - States battle over billions in work-from-home taxes https://www.accountingtoday.com/articles/states-battle-over-billions-in-work-from-home-taxes 41:37 - What Running a Virtual CPA Firm Really Costs https://cpatrendlines.com/2020/12/12/what-running-a-virtual-cpa-firm-really-costs/ 44:15 - Don’t Worry Everyone, Deloitte Says Everything Is Fine After SolarWinds Hack https://www.goingconcern.com/deloitte-solarwinds-hack/?utm_source=rss&utm_medium=rss&utm_campaign=deloitte-solarwinds-hack 45:25 - How To Declutter Your Life in 15 Steps http://apartmenttherapy.com/declutter-your-life-268462 49:42 - The moment you've all been waiting for - Blake and David divulge their 2021 predictions! 50:10 - David says expect the unexpected in the accounting space! 51:02 - Blake predicts that predictions (of the cashflow kind) will be the thing in 2021. 54:05 - Maybe predicting the obvious - PPP will just keep going, and going, and going ... 55:28 - Two reviews to round out 2020! Thank you, Mrs. ShannyBanany , and some CPA in a small bookkeeping firm, aka 10594816 ! 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 Google Play: http://cloudacctpod...

Dec 24, 2020

Show Notes 2:32 - Consolidated Appropriations Act of 2021 Enhances the Employee Retention Credit https://www.aprio.com/whatsnext/employee-retention-credit-is-now-eligible-to-ppp-loan-recipients/ 4:56 - How does this impact the PPP loan forgiveness application deadline? 7:22 - [Updated] Top 10 PPP Changes from the Consolidated Appropriations Act of 2021 https://www.aprio.com/whatsnext/new-stimulus-package-finally-on-the-horizon/ 7:43 - Simplified forgiveness application - REALLY Simplified! 11:20 - Employee Retention Credit - the good, the bad, and the utterly confusing 21:12 - Provider Relief Funds - CARES Act Don't miss Justin Elanjian's webinar on December 29 - Unpacking PPP Updates from the Latest Stimulus Bill https://aprio.zoom.us/webinar/register/5316085644641/WN_dTqlpoVKR5eZcK2XL-Ofug 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info and be sure to check out our special stimulus pricing of four episodes for just $100. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Dec 22, 2020

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay ClockShark: https://cloudaccountingpodcast.promo/clockshark Ceterus: https://cloudaccountingpodcast.promo/ceterus Show Notes 3:56 - The Top 10 PPP changes in the pending Bipartisan Emergency COVID Relief Act of 2020 https://www.aprio.com/whatsnext/new-stimulus-package-finally-on-the-horizon/ 5:08 - LegalZoom Finance and Accounting Careers https://www.legalzoom.com/careers/by-department?ccc=Finance%20and%20Accounting 6:45 - LegalZoom Names Daniel Wernikoff Chief Executive Officer https://www.businesswire.com/news/home/20190924005040/en/LegalZoom-Names-Daniel-Wernikoff-Chief-Executive-Officer 6:50 - LegalZoom Grows Leadership Team with Appointment of New Chief Product Officer and Chief People Officer https://www.businesswire.com/news/home/20191121005267/en/LegalZoom-Grows-Leadership-Team-with-Appointment-of-New-Chief-Product-Officer-and-Chief-People-Officer 7:07 - LegalZoom Names Shrisha Radhakrishna as Chief Technology Officer https://www.businesswire.com/news/home/20200728005325/en/LegalZoom-Names-Shrisha-Radhakrishna-as-Chief-Technology-Officer 7:11 - LegalZoom Names John Buchanan as Chief Marketing Officer and Kathy Tsitovich as Chief Partnership Officer https://www.businesswire.com/news/home/20200807005057/en/LegalZoom-Names-John-Buchanan-as-Chief-Marketing-Officer-and-Kathy-Tsitovich-as-Chief-Partnership-Officer 8:26 - Purely Solutions: Overview | LinkedIn https://www.linkedin.com/company/pure-purelysolutions/ 15:10 - Senators ask IRS whether taxpayer data hit in SolarWinds hack https://www.accountingtoday.com/articles/senators-ask-irs-whether-taxpayer-data-hit-in-solarwinds-hack 16:49 - IRS extends acceptance of digital signatures and emailed documents https://www.accountingtoday.com/news/irs-extends-acceptance-of-digital-signatures-and-emailed-documents-amid-coronavirus 18:36 - Bob Dylan’s Catalog Sale Highlights a Tax Advantage for Songwriters https://www.wsj.com/articles/bob-dylans-catalog-sale-highlights-a-tax-advantage-for-songwriters-11607682604 22:24 - Ransomware Attack Hits Major Service Provider For Accounting And Healthcare Organizations https://www.mondaq.com/unitedstates/it-and-internet/1016294/ransomware-attack-hits-major-service-provider-for-accounting-and-healthcare-organizations 25:49 - China’s Luckin Coffee will pay $180 million to settle accounting fraud charges https://techcrunch.com/2020/12/16/luckin-180-million-fine-sec/ 27:27 - EY Team Found ‘Red-Flag Indicators’ at Wirecard https://www.pymnts.com/news/security-and-risk/2020/report-ey-anti-fraud-team-found-red-flag-indicators-at-wirecard/ 28:32 - Microsoft engineer gets nine years for stealing $10M from Microsoft https://arstechnica.com/tech-policy/2020/11/microsoft-engineer-gets-nine-years-for-stealing-10m-from-microsoft/ 32:31 - Slack Is the Right Tool for the Wrong Way to Work https://www.newyorker.com/culture/cultural-comment/slack-is-the-right-tool-for-the-wrong-way-to-work 36:55 - WSJ News Exclusive | Massachusetts Regulators to File Complaint Against Robinhood https://www.wsj.com/articles/massachusetts-regulators-to-file-complaint-against-robinhood-11608120003 40:20 - How US customers’ attitudes to fintech are shifting during the pandemic https://www.mckinsey.com/industries/financial-services/our-insights/how-us-customers-attitudes-to-fintech-are-shifting-during-the-pandemic 41:36 - GoCardless Notches $95 Million Led By Bain https://www.pymnts.com/news/investment-tracker/2020/uk-fintech-gocardless-notches-95-million-led-by-bain/ 42:22 - Patriot Software Offers Seamless Integration With TSheets by QuickBooks https://www.prweb.com/releases/patriot_software_offers_seamless_integration_with_tsheets_by_quickbooks/prweb17603468.htm 43:15 - Ramp raises $30M as the battle to own corporate spend heats up https://techcrunch.com/2020/12/17/ramp-raises-30m-as-the-battle-to-own-corporate-spend-heats-up/ 46:44 - The 5 best note-taking apps of 2021 https://zapier.com/blog/best-note-taking-apps 46:46 - The 8 best free email marketing apps in 2021 https://zapier.com/blog/free-email-marketing-software 46:52 - The best free CRM software for 2021 https://zapier.com/blog/best-free-crm 49:49 - Sage Launches Partner Cloud Program to Accelerate Cloud Migration

Dec 21, 2020

Show Notes 2:58 - Additional Expenses eligible under PPP Loan forgiveness 4:42 - Tax implications of PPP forgiveness 07:15 - Simplified loan forgiveness applications and documentation requirements 10:12 - Allotment for the 2nd round of PPP funds 10:45 - Eligibility requirements for PPP 2.0 14:55 - The Top 10 PPP changes in the pending Bipartisan Emergency COVID Relief Act of 2020 https://www.aprio.com/whatsnext/new-stimulus-package-finally-on-the-horizon/ 15:55 - How Aprio's PPP team got down to business 19:00 - Find a wealth of PPP resources with Aprio's Covid Advisor here: Aprio.com/covid 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Dec 16, 2020

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay ClockShark: https://cloudaccountingpodcast.promo/clockshark Synder: https://cloudaccountingpodcast.promo/synder Show Notes 3:31 - Apps We Love: November 2020 – Our Favorite Podcasts https://www.cpapracticeadvisor.com/firm-management/article/21162856/apps-we-love-november-2020-our-favorite-podcasts 7:06 - Listeners let us know - sometimes, we miss the mark, especially when it comes to tax, audit, and even our favorite subject - PPP 11:19 - Mnuchin's Stimulus Includes Business Protections | PYMNTS.com https://www.pymnts.com/economy/2020/mnuchin-916-billion-dollar-stimulus-plan-includes-business-protections/ 13:42 - BeachFleischman names Majchrzak next CEO https://www.accountingtoday.com/news/beachfleischman-names-chief-strategy-marketing-officer-eric-majchrzak-next-ceo 15:15 - The case of the extra paycheck | Tax Pro Center | Intuit https://proconnect.intuit.com/taxprocenter/tax-law-and-news/the-case-of-the-extra-paycheck/ 17:58 - Oracle is moving its headquarters from Silicon Valley to Austin, Texas https://www.cnbc.com/2020/12/11/oracle-is-moving-its-headquarters-from-silicon-valley-to-austin-texas.html 19:40 - Square Offers Beauty Sector Online Booking, POS | PYMNTS.com https://www.pymnts.com/news/mobile-commerce/2020/square-offers-beauty-sector-online-booking-pos-tool/ 21:00 - Introducing duplicate document detection in Hubdoc | Xero Blog https://www.xero.com/blog/2020/12/hubdoc-duplicate-document-detection/ 23:14 - 2020 R4 Release Notes https://www.intacct.com/ia/docs/en_US/releasenotes/2020/2020_Release_4/2020-R4-home.htm 26:09 - Vic.ai Launches Autopilot, the Autonomous Accounting Solution https://www.prweb.com/releases/vic_ai_launches_autopilot_the_autonomous_accounting_solution/prweb17601974.htm 27:40 - BQE Software Partners With AffiniPay to Bring Advanced Payment Technologies to BQE CORE Customers https://www.prnewswire.com/news-releases/bqe-software-partners-with-affinipay-to-bring-advanced-payment-technologies-to-bqe-core-customers-301174791.html New Online Payments System Launches for Accounting Firms https://www.cpapracticeadvisor.com/firm-management/news/21165991/new-online-payments-system-launches-for-accounting-firms 28:53 - Revolut, Europe's $5.5 billion digital bank, quietly broke even in November https://www.cnbc.com/2020/12/08/digital-bank-revolut-breaks-even-in-november.html 30:12 - Gusto expands People Advisory Certification program https://www.accountingtoday.com/news/gusto-expands-people-advisory-certification-program 31:30 - WhatsApp launches Carts for small businesses to sell in app, online - Inside Retail https://insideretail.asia/2020/12/09/whatsapp-launches-carts-for-small-businesses-to-sell-in-app-online/ 33:08 - The Gas Tax’s Days Are Numbered, What’s Next? (Podcast) https://news.bloombergtax.com/daily-tax-report/the-gas-taxs-days-are-numbered-whats-next-podcast 37:05 - Unit raises $18.6M to offer banking features as a service https://techcrunch.com/2020/12/08/unit-raises-18-6m-to-offer-banking-features-as-a-service/ 37:42 - Time to up your ‘out of office’ game https://www.accountingtoday.com/opinion/time-to-up-your-out-of-office-game 41:11 - If you worked remotely due to Covid-19, a state tax surprise could be coming https://www.cnbc.com/2020/11/06/if-you-worked-remotely-due-to-covid-19-a-state-tax-surprise-could-be-coming.html 44:57 - Square's Cash App Launches A Clothing Line Because, Clearly, Bitcoin And Stocks Aren't Enough https://finance.yahoo.com/news/squares-cash-app-launches-clothing-055837827.html 45:30 - We've got voicemail! Thank you, Sheila! 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

Dec 9, 2020

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay ClockShark: https://cloudaccountingpodcast.promo/clockshark Relay FI: https://cloudaccountingpodcast.promo/relay Show Notes 03:20 - The Best Gifts for People Who Work From Home https://www.nytimes.com/wirecutter/gifts/gifts-for-remote-work-from-home/ 08:50 - We made the list! Accounting Today 2020 Top 100 People extra: Legacy https://www.accountingtoday.com/news/2020-top-100-people-extra-legacy 09:37 - AICPA joins in calling for PPP expense forgiveness legislation https://www.accountingtoday.com/news/aicpa-joins-business-groups-in-calling-for-ppp-expense-forgiveness-legislation 10:26 - SBA releases names of Grand Strand businesses that received less than $150K in PPP loans https://www.wmbfnews.com/2020/12/04/sba-releases-names-grand-strand-businesses-that-received-less-than-k-ppp-loans/ 11:10 - More than half of emergency small-business funds went to larger businesses, new data shows https://www.washingtonpost.com/business/2020/12/01/ppp-sba-data/ 12:54 - A third of Oregon’s Paycheck Protection Program money went to 1.6% of loan recipients https://www.oregonlive.com/business/2020/12/a-third-of-oregons-paycheck-protection-program-money-went-to-16-of-loan-recipients.html 14:10 - Small Business Employment Trends as PPP Requirements Expire https://gusto.com/company-news/employment-trends-PPP-requirements-expire 19:20 - Tom Brady's company, TB12, received just under $1M in PPP loans https://www.si.com/nfl/2020/12/04/tom-brady-company-tb12-ppp-loan 19:54 - 48% of Small Businesses Fear Closing for Good https://smallbiztrends.com/2020/12/alignable-survey-48-percent-small-businesses-fear-closing-for-good.html 21:17 - Employers added 245K jobs in November, but lost 2.4K in accounting https://www.accountingtoday.com/news/employers-added-245k-jobs-in-november-but-lost-2-4k-in-accounting 21:58 - November 2020 Accounting and Finance Jobs Report http://blog.accountingprincipals.com/jobs-report/ 24:01 - Cyber escape room keeps employees’ security awareness locked in https://www.scmagazine.com/home/security-news/network-security/cyber-escape-room-locks-in-employees-security-awareness-but-can-sc-media-beat-the-clock/ 26:15 - More MyPayrollHR fallout: Bank sues Albany accounting firm for $34M https://www.timesunion.com/business/article/Pioneer-sues-Michael-Mann-s-accounting-firm-for-15767389.php 30:52 - At quick glance, 'expertly framed' Quickbooks phishing email looks legit https://www.scmagazine.com/home/security-news/phishing/at-quick-glance-expertly-framed-quickbooks-phishing-email-looks-legit/ 32:54 - Congress Sets Stage for Exiling Chinese Stocks From U.S. Over Audit Dispute https://www.wsj.com/articles/congress-sets-stage-for-exiling-chinese-stocks-from-u-s-over-audit-dispute-11606946071 34:30 - Stripe Treasury: Banking-as-a-service for platforms https://stripe.com/treasury 40:20 - Intuit launches assisted tax prep https://www.accountingtoday.com/news/intuit-launches-assisted-tax-prep 43:33 - Facebook acquires Kustomer, a CRM start-up https://www.cnbc.com/2020/11/30/facebook-acquires-kustomer-a-crm-start-up.html 46:57 - A Review! Thank you, Matt Metras! 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds B...

Dec 2, 2020

Sponsors Synder: https://cloudaccountingpodcast.promo/synder ClockShark: https://cloudaccountingpodcast.promo/clockshark OnPay: https://cloudaccountingpodcast.promo/onpay Show Notes 03:30 - Amazon cloud-computing outage Wednesday triggered by effort to boost system’s capacity https://www.inquirer.com/business/technology/amazon-web-services-failure-added-capacity-20201128.html AWS Outage Interrupts Service for Spotify, Square And Others https://www.pymnts.com/amazon/2020/aws-outage-interrupts-web-service-for-spotify-square-and-others/ People Can't Vacuum Or Use Their Doorbell Because Amazon's Cloud Servers Are Down - Eminetra Australia https://eminetra.com.au/people-cant-vacuum-or-use-their-doorbell-because-amazons-cloud-servers-are-down/74505/ 06:30 - Will Zoom Apps be the next hot startup platform? https://techcrunch.com/2020/11/18/will-zoom-apps-be-the-next-hot-startup-platform/ 08:44 - Salesforce in Acquisition Talks with Slack – Good News or not? https://customerthink.com/salesforce-in-acquistion-talks-with-slack-good-news-or-not/ 13:54 - Salesforce buying Slack would mark the first big software deal in a boom year for the cloud https://www.cnbc.com/2020/11/28/salesforce-slack-would-be-first-big-deal-in-boom-year-for-software.html 14:05 - Expensify Surpasses $100 Million in Annual Recurring Revenue https://www.businesswire.com/news/home/20201123005455/en/Expensify-Surpasses-100-Million-in-Annual-Recurring-Revenue 19:28 - Tudor, the Virtual Accounting Robot, launched by Connections https://business-review.eu/tech/tudor-the-virtual-accounting-robot-launched-by-connections-215189 27:22 - Pentagon fails audit yet again, could pass around 2027, comptroller says https://uk.reuters.com/article/us-usa-pentagon-auditor/pentagon-fails-audit-yet-again-could-pass-around-2027-comptroller-says-idUSKBN27X03P 29:45 - Some in Scottsdale will get deliveries from Walmart in autonomous Cruise vehicles https://www.azcentral.com/story/money/business/consumers/2020/11/10/walmart-use-cruise-vehicles-autonomous-deliveries-scottsdale/3761006001/ 31:52 - Pandemic Speeds Americans’ Embrace of Digital Commerce https://www.wsj.com/articles/pandemic-speeds-americans-embrace-of-digital-commerce-11605436200 34:07 - FinTech Stripe Eyes Funding Round, $100B Valuation https://www.pymnts.com/news/investment-tracker/2020/fintech-stripe-eyes-funding-round-that-could-put-valuation-at-100b/ 34:46 - Second Share Purchase Values Toast POS At $8B https://www.pymnts.com/restaurant-technology/2020/second-share-purchase-deal-values-pos-startup-toast-at-8b/ 35:58 - TurboTax maker Intuit wins U.S. antitrust nod for Credit Karma https://bankinnovation.net/allposts/focus/comp-reg/turbotax-maker-intuit-wins-u-s-antitrust-nod-for-credit-karma/ Credit Karma To Divest Tax Unit In Merger https://www.pymnts.com/news/partnerships-acquisitions/2020/credit-karma-to-divest-tax-unit-to-square-in-7-1b-merger-with-intuit/ 38:22 - Square and Xero: Enhanced integration and point-of-sale features for UK https://www.xero.com/blog/2020/11/square-xero-enhanced-integration-uk/ 39:05 - Xero's cash mountain suggests a major deal is on the horizon https://www.afr.com/technology/xero-s-cash-mountain-suggests-a-major-deal-is-on-the-horizon-20201125-p56hrn 39:56 - Crunch Free is a new online accounting platform aimed at the self-employed https://www.techradar.com/uk/news/crunch-free-is-a-new-online-accounting-platform-aimed-at-the-self-employed 41:21 - Latest product news – December 2020 https://www.xero.com/blog/2020/11/latest-product-news-december-2020/ 41:52 - New: Easily Manage Your Bills With Accounts Payable https://www.freshbooks.com/blog/accounts-payable 42:30 - FreshBooks Ramps Up Its Focus on the UK Small Business Market, Announcing a Partnership with Barclays, and Launching a Suite of New Features https://www.globenewswire.com/news-release/2020/11/25/2133461/0/en/FreshBooks-Ramps-Up-Its-Focus-on-the-UK-Small-Business-Market-Announcing-a-Partnership-with-Barclays-and-Launching-a-Suite-of-New-Features.html 42:53 - Biden confirms he wants Janet Yellen to be his Treasury secretary — what that means for cash-strapped American families https://www.marketwatch.com/story/janet-yellen-is-poised-to-become-treasury-secretary-in-a-biden-cabinet-what-that-means-for-cash-strapped-american-families-2020-11-24 43:17 - Virtual HQs race to win over a remote-work-fatigued market

Nov 25, 2020

Sponsors Thomson Reuters: https://cloudaccountingpodcast.promo/trcloud ClockShark: https://cloudaccountingpodcast.promo/clockshark OnPay: https://cloudaccountingpodcast.promo/onpay Show Notes 07:58 – 36% of Americans Won't Move to Rural Areas Due to Slow Internet Speeds https://smallbiztrends.com/2020/11/rural-internet-speeds-urban-sprawl.html 11:09 – Women less likely to feel fairly comped for WFH expenses https://www.accountingtoday.com/news/women-less-likely-to-feel-fairly-compensated-for-work-from-home-expenses-during-pandemic 17:01 – Congress blasts IRS for limits on forgiven PPP loan tax breaks https://www.accountingtoday.com/articles/congress-blasts-irs-for-limits-on-forgiven-ppp-loan-tax-breaks 17:23 – IRS clarifies deductibility of PPP loan expenses, as AICPA criticizes forgiveness questionnaire https://www.accountingtoday.com/news/irs-and-treasury-clarify-deductibility-of-ppp-loan-expenses-as-aicpa-criticizes-forgiveness-questionnaire 17:50 – IRS Crushes Hopes Of Deducting PPP-Paid Expenses Before Forgiveness Approval; But Questions Remain https://www.forbes.com/sites/anthonynitti/2020/11/19/irs-crushes-hopes-of-deducting-ppp-paid-expenses-before-forgiveness-approval-but-questions-remain/ 19:13 – Letters signed by AICPA raise concerns about PPP Loan Necessity Questionnaires https://www.journalofaccountancy.com/news/2020/nov/aicpa-signed-letters-raise-concerns-ppp-loan-necessity-questionnaires.html 20:01 – PODCAST: How Fraud and Waste Seeped into a COVID Stimulus Program (WSJ’s The Journal) https://podcasts.apple.com/us/podcast/the-journal/id1469394914?i=1000499272495 23:22 – Evidence of PPP Fraud Mounts, Officials Say https://www.wsj.com/articles/ppp-was-a-fraudster-free-for-all-investigators-say-11604832072 24:55 – Mnuchin pulls plug on some pandemic lending programs that Fed considers essential https://de.reuters.com/article/us-usa-fed-mnuchin-idUSKBN27Z34P 25:54 – IRS plans a 50% ramp-up in small-biz audits next year https://www.accountingtoday.com/articles/irs-plans-a-50-ramp-up-in-audits-of-small-businesses-next-year 27:57 – AICPA disagrees with IRS commissioner Rettig on penalty relief https://www.accountingtoday.com/news/aicpa-disagrees-with-irs-commissioner-rettig-on-penalty-relief 30:10 – IRS investigating fewer tax preparers https://www.accountingtoday.com/news/irs-investigating-fewer-tax-preparers 31:35 – Top Challenges? Staffing, Staffing, Staffing https://cpatrendlines.com/2020/11/19/web-portals-are-here-to-stay/ 33:18 – PayPal Gives Employees Early Paycheck Access https://www.pymnts.com/news/payments-innovation/2020/paypal-gives-employees-early-access-to-paychecks-though-evens-app/ 34:48 – QuickBooks Connect 2020 Hosts Thousands Virtually https://www.intuitiveaccountant.com/general-ledger/quickbooks-connect-2020-hosts-thousands-virtually/ 39:28 – QuickBooks Live Bookkeeping update: November 2020 https://www.firmofthefuture.com/content/quickbooks-live-bookkeeping-update-november-2020/ 41:36 – Intuit has Launched HubSpot for QuickBooks https://www.intuitiveaccountant.com/general-ledger/intuit-has-launched-hubspot-for-quickbooks/ 47:28 – Intuit (INTU) Q1 Earnings & Revenues Top Estimates, Increase Y/Y https://finance.yahoo.com/news/intuit-intu-q1-earnings-revenues-131201694.html 51:19 – Why Xero investors should forget the US market https://www.afr.com/technology/why-xero-investors-should-forget-the-us-market-20201110-p56d8y 54:41 – A Review! Thank you, B Stoltzfus! 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 ...

Nov 16, 2020

Sponsors Accountant Connect: https://cloudaccountingpodcast.promo/adp A2X: https://cloudaccountingpodcast.promo/a2x BQE CORE: http://cloudaccountingpodcast.promo/core Show Notes 03:55 – It’s not too late to cancel Thanksgiving https://www.technologyreview.com/2020/11/14/1012128/its-not-too-late-to-cancel-thanksgiving/ 08:11 – Follow up on Leary's theory about Trump's Loss from last week's episode https://www.cloudaccountingpodcast.com/200 12:34 – Blake sheds some light on his discussion with David Barrett, CEO of Expensify 20:32 – The Time Has Come for a True Wealth Tax https://dvorak.substack.com/p/the-time-has-come-for-a-true-wealth 25:11 – Deutsche Bank calls for a 5 percent 'privilege' tax on people https://thehill.com/changing-america/respect/poverty/525480-deutsche-bank-calls-for-a-5-privilege-tax-on-people-choosing People Who Work from Home Should Pay a New Tax, Economists Suggest https://gizmodo.com/people-who-work-from-home-should-pay-a-new-tax-economi-1845646500 26:50 – Personal banking vs. business banking: Do you need separate bank accounts? | QuickBooks https://quickbooks.intuit.com/r/banking/personal-vs-business-banking/ 30:50 – Millennials & Your Firm [Xero Survey]: 11 Key Takeaways https://futurefirm.co/millennials-accounting-firm/ 33:28 – My Startup Story: How This Founder Uses Tech to Prove Work-Life Harmony Is Possible For Accountants » Dallas Innovates https://dallasinnovates.com/my-startup-story-how-this-founder-uses-tech-to-prove-work-life-harmony-is-possible-for-accountants/ 35:57 – Microsoft now lets you bring your own data types to Excel – TechCrunch https://techcrunch.com/2020/10/29/microsoft-now-lets-you-bring-your-own-data-types-to-excel/ 38:26 – NetSuite debuts SuiteAccountants program https://www.accountingtoday.com/news/netsuite-debuts-suiteaccountants-program-to-help-accountants-elevate-service 41:20 – Xero's fast growth slows, but profits surge https://www.afr.com/technology/xero-s-fast-growth-slows-but-profits-surge-20201109-p56cul 43:19 – Receipt Bank now available for QuickBooks Desktop via Right Networks https://www.accountingtoday.com/news/receipt-bank-now-available-to-quickbooks-desktop-users-via-right-networks 46:13 – Avalara buys Businesses Licenses LLC for $97M https://www.accountingtoday.com/news/avalara-buys-businesses-licenses-llc-for-97m 48:06 – Blake's tax discussion with CAP listener Juventino Gaytan (Tino) https://www.linkedin.com/in/tinogaytan/ 60:05 – Reviews x 3! Thank you, Vcjgvjgbufbycjg (however you would pronounce that) , Nonickname7395 , and Jesse Gildesgame ! 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds BaCo Tech: https://www.bacotech.com/ ClientHub: https://clienthub.app Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info and be sure to check out our special stimulus pricing of four episodes for just $100. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Nov 10, 2020

Sponsors Financial Cents: https://cloudaccountingpodcast.promo/cents A2X: https://cloudaccountingpodcast.promo/a2x BQE CORE: http://cloudaccountingpodcast.promo/core Show Notes 07:37 – No, Biden did not receive thousands of mysteriously surfaced votes in Michigan https://www.politifact.com/factchecks/2020/nov/04/tweets/no-biden-did-not-receive-thousands-mysteriously-su/ 10:02 – Meet the Excel warriors saving the world from spreadsheet disaster https://www.wired.co.uk/article/spreadsheet-excel-errors 11:20 – It's time for the Leary Theory on How Trump Lost 13:46 – 691,145 Californians left last year: What state did they go to? – Orange County Register https://www.ocregister.com/691145-californians-left-last-year-what-state-did-they-go-to 13:54 – Where to Move from California in 2018: Top 10 Places Californians Move - TSI Moving https://www.tsishipping.com/blog/moving/top-10-places-californians-now-call-home-2018 16:20 – Judge orders Trump administration to reveal PPP loan data it sought to obscure https://www.nbcnews.com/business/business-news/judge-orders-trump-administration-reveal-ppp-loan-data-it-sought-n1246792 19:05 – Evidence of PPP Fraud Mounts, Officials Say https://www.wsj.com/articles/ppp-was-a-fraudster-free-for-all-investigators-say-11604832072 20:33 – Walmart abandons shelf-scanning robots, lets humans do work https://www.foxbusiness.com/technology/walmart-abandons-shelf-scanning-robots-lets-humans-do-work 22:28 – If you worked remotely due to Covid-19, a state tax surprise could be coming https://www.cnbc.com/2020/11/06/if-you-worked-remotely-due-to-covid-19-a-state-tax-surprise-could-be-coming.html 26:42 – How one simple Zapier workflow created a multimillion-dollar business https://zapier.com/blog/how-zapier-helped-create-bonjoro/ 28:14 – How to Get Accounting Clients in a Changing World https://futurefirm.co/how-to-get-accounting-clients/ 30:59 – Acuity Launches Accounts Receivable Services as Standalone Service https://acuity.co/accounts-receivable-services/ 36:00 – California accounting board fines KPMG $1.3M for cheating scandal https://www.complianceweek.com/regulatory-enforcement/california-accounting-board-fines-kpmg-13m-for-cheating-scandal/29683.article 38:16 – Bill.com tops earnings expectations as more small businesses get back to work, but stimulus questions linger https://www.marketwatch.com/story/bill-com-tops-earnings-expectations-as-more-small-businesses-get-back-to-work-but-stimulus-questions-linger-11604628670 39:50 – Square stock soars after earnings 'beat by a mile,' analysts applaud growth in Cash App https://www.cnbc.com/2020/11/06/square-stock-soars-after-massive-earnings-beat-helped-by-cash-app-.html 45:13 – Customise your chart of accounts templates in Xero HQ https://www.xero.com/blog/2020/11/customise-chart-of-accounts-templates-in-xero-hq/ 47:06 – Does Your Firm Have a Clear Vision for Hosting: Public Cloud, Private Cloud, SaaS https://www.cpapracticeadvisor.com/firm-management/article/21157787/does-your-firm-have-a-clear-vision-for-hosting-public-cloud-private-cloud-saas 48:57 – Osome Banks On $3M For Accounting ‘Super App’ https://news.crunchbase.com/news/osome-banks-on-3m-for-accounting-super-app/ 52:40 – Lightspeed To Buy ShopKeep For $440M https://www.pymnts.com/news/partnerships-acquisitions/2020/lightspeed-buy-shopkeep-advance-pos/ 54:00 – NerdWallet Acquires SMB Finance Platform Fundera https://www.pymnts.com/news/partnerships-acquisitions/2020/nerdwallet-acquires-smb-finance-platform-fundera/ 55:25 – A Review! – Thank you, Joe Pavone! 57:09 – Last, but definitely not least, this is our 200th Episode! 🎉👏😁 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

Nov 5, 2020

Sponsors Thomson Reuters SYNERGY: https://cloudaccountingpodcast.promo/synergy ClockShark: https://cloudaccountingpodcast.promo/clockshark OnPay: https://cloudaccountingpodcast.promo/onpay Show Notes 03:41 – Why political campaigns are sending 3 billion texts in this election https://www.technologyreview.com/2020/10/28/1011301/why-political-campaigns-are-sending-3-billion-texts-in-this-election/ 07:43 – America’s Password Habits: 2020 https://www.security.org/resources/online-password-strategies/ - 14% of Americans Using COVID in Online Passwords, New Survey Reveals https://smallbiztrends.com/2020/10/americans-using-covid-online-passwords.html 09:34 – At the expense of its partners’ neutrality, Expensify boosts Biden https://www.accountingtoday.com/opinion/at-the-expense-of-its-partners-neutrality-expensify-boosts-biden 09:54 – Coinbase CEO discourages politics at work, offers generous severance to employees who want to quit https://www.cnbc.com/2020/09/30/coinbase-ceo-offers-severance-to-employees-leaving-over-politics.html 12:20 – SBA presses big businesses to justify aid, sparking uproar https://www.politico.com/news/2020/10/30/sba-big-businesses-ppp-loans-433736 16:23 – Fed lowers minimum loan level for small business lending program https://www.cnbc.com/2020/10/30/fed-lowers-minimum-loan-level-for-small-business-lending-program.html 17: 51 – An Avalanche of Fraud Buried a Small-Business Relief Program http://www.bnnbloomberg.ca/an-avalanche-of-fraud-buried-a-small-business-relief-program-1.1514674 23:00 – SEC awards record $114M to whistleblower https://www.accountingtoday.com/news/sec-awards-record-114m-to-whistleblower 24:49 – Employers refilling open accounting jobs amid pandemic https://www.accountingtoday.com/news/employers-refilling-open-accounting-jobs-amid-pandemic 25:55 – Number of the Day: 75% https://www.goingconcern.com/number-of-the-day-75/ 27:12 – More than Half of Small Businesses Say They're the Same or Better Than Before COVID https://smallbiztrends.com/2020/10/capital-one-small-business-confidence-survey.html 31:00 – More than Half of U.S. Companies Have Hired New Staff Remotely https://www.cpapracticeadvisor.com/payroll/news/21159623/more-than-half-of-us-companies-have-hired-new-staff-remotely 34:14 – Vast migration of over 14 million Americans coming due to rise in remote work, study shows https://www.cnbc.com/2020/10/28/vast-migration-of-over-14-million-americans-coming-due-to-remote-work.html 37:52 – 9Spokes signs new Bank of New Zealand contract for further two-year term https://www.proactiveinvestors.com.au/companies/news/932539/9spokes-signs-new-bank-of-new-zealand-contract-for-further-two-year-term-932539.html 38:12 – BlueVine Takes Wraps Off Biz Banking Platform https://www.pymnts.com/news/banking/2020/bluevine-takes-wraps-off-small-biz-banking-platform/ 38:56 – Sunrise Bookkeeping, a Lendio Company, Releases Its First Mobile App https://www.globenewswire.com/news-release/2020/10/29/2117108/0/en/Sunrise-Bookkeeping-a-Lendio-Company-Releases-Its-First-Mobile-App.html 39:52 – QuickAccept First Step To Building SMB Ecosystem https://www.pymnts.com/news/b2b-payments/2020/chase-neukirchen-quickaccept-first-step-building-smb-ecosystem/ 40:41 – Stripe Expands Partnership With Mindbody https://www.pymnts.com/news/payment-methods/2020/stripe-expands-partnership-with-mindbody-for-fitness-payments/ 42:01 – Credit Karma in Talks to Sell Tax-Preparation Business to Square https://www.wsj.com/articles/credit-karma-in-talks-to-sell-tax-preparation-business-to-square-11604067274 43:59 – What’s new in QuickBooks Online: October 2020 https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-october-2020/ 46:25 – Tech news: Wolters Kluwer adds eSignature to ATX, and more https://www.accountingtoday.com/list/tech-news-wolters-kluwer-adds-esignature-to-atx-and-more 46:57 – Report: DOJ May Sue To Block Visa's Plaid Acquisition https://www.pymnts.com/news/partnerships-acquisitions/2020/report-doj-could-soon-decide-if-it-will-try-to-block-visas-acquisition-of-plaid/ Visa $5.3 billion Plaid deal triggers DOJ antitrust worries https://bankinnovation.net/allposts/focus/comp-reg/visa-5-3-billion-plaid-deal-triggers-doj-anti...

Oct 25, 2020

Sponsors ADP Marketplace: https://cloudaccountingpodcast.promo/adp ClockShark: https://cloudaccountingpodcast.promo/clockshark LivePlan: https://cloudaccountingpodcast.promo/liveplan Show Notes 07:14 – Expensify’s CEO explains how he made the decision to tell all his customers to vote for Biden https://www.protocol.com/expensify-email-biden-trump-david-barrett 20:34 – Expensify CEO Emails 10 Million Customers Urging Them to Vote for Biden https://www.bloomberg.com/news/articles/2020-10-23/expensify-biden-email-goes-out-to-10-million-customers More Expensify Coverage: CEO emails 10 million customers to tell them to vote for Biden https://www.cbsnews.com/news/expensify-ceo-david-barrett-emails-customers-vote-biden/ Expensify CEO Urges Customers to Vote Against Trump https://www.wsj.com/articles/expensify-ceo-urges-customers-to-vote-against-trump-11603489825 Expensify CEO implores customers to vote for Biden over Trump in an explosive mass email https://www.fastcompany.com/90567857/expensify-ceo-biden-trump-david-barrett 27:37 – The results are in from our own Expensify v. Democracy survey on Twitter https://twitter.com/CloudAcctPod/status/1319606666690580480 29:15 – Our discussion on which way accountants will vote in 2020 https://www.cloudaccountingpodcast.com/194 35:48 – Jirav named CPA.com's preferred business planning software partner https://www.accountingtoday.com/news/jirav-is-now-cpa-coms-preferred-business-planning-software-partner 38:10 – JPMorgan Takes On Square, PayPal At Point Of Sale https://www.pymnts.com/smbs/2020/jpmorgan-takes-on-square-and-paypal-at-the-point-of-sale/ 38:48 – JPMorgan Chase takes on Square and PayPal with smartphone card reader, faster deposits for merchants https://www.cnbc.com/2020/10/21/jpmorgan-takes-on-square-and-paypal-with-smartphone-card-reader-faster-deposits-for-merchants.html 39:47 – PayPal to open up network to cryptocurrencies https://www.reuters.com/article/paypal-cryptocurrency-int-idUSKBN2762D5 PayPal Eyes Buying Crypto Firm BitGo, Others https://www.pymnts.com/cryptocurrency/2020/paypal-eyes-buying-crypto-firm-bitgo-others/ 42:17 – Intuit account – Why now for QuickBooks Desktop? https://quickbooks.intuit.com/blog/accountant-advice/intuit-account-why-now-for-quickbooks-desktop/ 43:27 – New: Track Your Inventory Directly in FreshBooks https://www.freshbooks.com/blog/inventory 44:10 – Feature Release: Introducing Plan, the 1st Feature in the All-New Scale Tier https://jetpackworkflow.com/blog/scale-tier-plan-release/ 45:02 – As stimulus talks drag on in Washington, millions of small businesses await guidance on PPP loan forgiveness https://www.cnbc.com/2020/10/23/millistimulus-talks-drag-on-and-uncertainty-over-ppp-loan-forgiveness-hangs-in-the-balance.html 47:09 – Deer crashes through window into accounting office https://www.upi.com/Odd_News/2020/10/23/Deer-crashes-through-window-into-accounting-office/7171603475615/ 47:42 – Accounting Seed Releases Downloadable Accounting Basics Board Game https://curated.tncontentexchange.com/states/maryland/accounting-seed-releases-downloadable-accounting-basics-board-game/article_869e752d-bbad-5927-ac13-ba0b64fc19f1.html 50:00 – Historic bookkeeping record suggests Washington's horse fell in water near iconic Bull's Covered Bridge https://connecticut.news12.com/historic-bookkeeping-record-suggests-washingtons-horse-fell-in-water-near-iconic-bulls-covered-bridge 52:02 – Another listener voicemail from Shane Mason, Brooklyn FI Tax 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 <...

Oct 21, 2020

Sponsors BQE CORE: http://cloudaccountingpodcast.promo/core ClockShark: https://cloudaccountingpodcast.promo/clockshark OnPay: https://cloudaccountingpodcast.promo/onpay Show Notes 03:35 – Reviews from Julie Sigety, CPA, Angela, and MarieP86! 06:44 – String of Firms That Imploded Have Something in Common: Ernst & Young Audited Them https://www.wsj.com/articles/string-of-firms-that-imploded-have-something-in-common-ernst-young-audited-them-11602863319 13:12 – New Zoom Enhancements to Help Customers Re-Enter the Office & Enable Hybrid Workforces https://blog.zoom.us/new-zoom-enhancements-to-help-customers-re-enter-the-office-enable-hybrid-workforces/ 18:00 – Introducing Zapps, Bringing Best-of-Breed Apps Into the Zoom Experience https://blog.zoom.us/introducing-zapps-bringing-best-of-breed-apps-into-zoom/ 18:24 – Bring Zoom Into Your Apps With Our Customizable SDK https://blog.zoom.us/bring-zoom-into-your-apps-with-our-customizable-sdk/ 18:54 – From The Folks Who Brought You Boring Meetings: CEOs Want To Ditch Sterile Zoom Calls https://www.npr.org/2020/10/14/923428794/from-the-folks-who-brought-you-boring-meetings-ceos-want-to-ditch-sterile-zoom-c 23:11 – It's Almost Impossible to Get COVID-19 on an Airplane, New Military Study Suggests https://www.military.com/daily-news/2020/10/15/its-almost-impossible-get-covid-19-airplane-new-military-study-suggests.html 26:53 – Report: Hackers Hit 2,000 Robinhood Accounts https://www.pymnts.com/news/security-and-risk/2020/report-hackers-hit-2000-robinhood-accounts/ 30:16 – What’s New in the Sage Intacct Release 3 https://www.accttwo.com/blog/whats-new-in-the-2020-sage-intacct-release-3 31:25 – BofA adds three new APIs to CashPro treasury product https://www.finextra.com/pressarticle/84422/bofa-adds-three-new-apis-to-cashpro-treasury-product 33:46 – European fintech giant Revolut is close to applying for a bank charter in California, sources say https://www.cnbc.com/2020/10/12/european-fintech-giant-revolut-is-close-to-applying-for-a-bank-charter-in-california.html 35:55 – Square Introduces Terminal API For Payments https://www.pymnts.com/api/2020/square-introduces-terminal-api-for-all-in-one-payments/ 38:33 – TD Bank files lawsuit against Plaid, accusing it of trying to 'dupe' consumers https://ca.finance.yahoo.com/news/td-bank-files-lawsuit-against-194530182.html 41:24 – Intuit QuickBooks achieves open banking milestone https://www.accountantsdaily.com.au/technology/14942-intuit-quickbooks-achieves-open-banking-milestone 42:51 – QR codes added to IRS balance-due notices https://www.accountingtoday.com/news/irs-adds-qr-codes-to-balance-due-notices 44:31 – Starling Bank small business customers get PayStream accounting platform as an option https://www.techradar.com/uk/news/starling-bank-small-business-customers-get-paystream-accounting-platform-as-an-option 45:11 – Receipt Bank launches 'one place to pay' app https://www.finextra.com/pressarticle/84473/receipt-bank-launches-one-place-to-pay-app 46:34 – Treasury encouraged banks to prioritize PPP loans for existing clients, hurting minority- and women-owned small businesses, House report says https://www.cnbc.com/2020/10/16/treasury-encouraged-banks-to-prioritize-ppp-loans-for-existinG-clients.html 50:32 – Survey: Who’s Not Billing for PPP Services? https://cpatrendlines.com/2020/10/12/more-than-1-in-5-accountants-are-not-charging-for-ppp-services/ 53:19 – Wells Fargo terminates employees over potential COVID-19 relief fraud https://www.foxbusiness.com/economy/wells-fargo-fires-employees-over-potential-covid-19-relief-fraud 55:01 – Voicemail!! 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...

Oct 16, 2020

Sponsors DEAR Systems: https://cloudaccountingpodcast.promo/dear ClockShark: https://cloudaccountingpodcast.promo/clockshark BQE CORE: http://cloudaccountingpodcast.promo/core Show Notes 07:15 – Microsoft will let employees work from home half the time https://www.cnbc.com/2020/10/09/microsoft-implements-new-hybrid-remote-work-policy.html 10:47 – SBA and Treasury simplify forgiveness of PPP loans under $50K+ https://www.accountingtoday.com/news/sba-and-treasury-simplify-forgiveness-of-ppp-loans-under-50k 11:47 – PPP forgiveness simplified for loans of $50,000 or less https://www.journalofaccountancy.com/news/2020/oct/ppp-forgiveness-simplified-for-loans-50000-less.html 14:21 – IRS Investigating NRA’s Wayne LaPierre for Possible Tax Fraud https://www.wsj.com/articles/irs-investigating-nras-wayne-lapierre-for-possible-tax-fraud-11601923467 15:46 – Software Pioneer John McAfee Indicted On Tax Charges https://www.forbes.com/sites/kellyphillipserb/2020/10/05/software-millionaire-john-mcafee-indicted-on-tax-charges/#65df8ef72672 19:00 – IRS: Sorry, but It’s Just Easier and Cheaper to Audit the Poor https://www.propublica.org/article/irs-sorry-but-its-just-easier-and-cheaper-to-audit-the-poor 21:20 – IRS Whittles Mail Backlog, Aims to Make Final Stimulus Payments https://www.wsj.com/articles/irs-whittles-mail-backlog-aims-to-make-final-stimulus-payments-11602097587 23:20 – Robinhood Reports Potential Hacking Incident https://www.pymnts.com/news/security-and-risk/2020/robinhood-reports-potential-hacking-incident/ 29:12 – BoA Goes Micro With Consumer Loan Up To $500 https://www.pymnts.com/loans/2020/bank-of-america-goes-micro-with-consumer-loan-up-to-500-dollars/ 30:04 – Introducing New Modern Benefits that Expand Access to Affordable Health Coverage and Put an End to Predatory Banking Practices https://gusto.com/company-news/introducing-gusto-benefits-for-all 32:20 – Expensify introduces free vendor bill-pay https://www.accountingtoday.com/news/expensify-introduces-free-vendor-bill-pay 36:58 – Tipalti valued at $2B+ after raising $150M for its accounting automation platform https://siliconangle.com/2020/10/06/tipalti-valued-2b-raising-150m-accounting-automation-platform/ 38:20 – Avalara acquires Transaction Tax Resources for $377M https://www.accountingtoday.com/news/avalara-acquires-transaction-tax-resources-for-377m 42:26 – Accounting error costs Georgia, tax collections stay strong https://www.thetelegraph.com/news/article/Accounting-error-costs-Georgia-tax-collections-15626264.php 44:02 – Spill some tea! If you know which software was involved in the Georgia tax fiasco, do tell. Hit us up on Twitter, or LinkedIn. Inquiring accountants want to know! 46:02 – Botched Excel import may have caused loss of 15,841 UK COVID-19 cases https://arstechnica.com/tech-policy/2020/10/excel-glitch-may-have-caused-uk-to-underreport-covid-19-cases-by-15841/ 48:41 – Introducing Client Hub Frictionless Workflow https://blog.clienthub.app/frictionlessworkflow/ 49:27 – This is Google's new plan to take on Microsoft Office - Latest News https://timesofindia.indiatimes.com/gadgets-news/this-is-googles-new-plan-to-take-on-microsoft-office/articleshow/78533493.cms 52:08 – Japanese Startup Surges 300% on Demand for Cloud-Based Accounting https://finance.yahoo.com/news/japan-startup-surges-300-demand-200000131.html 54:10 – Square stock gains after company purchases $50 million in bitcoin https://www.marketwatch.com/story/square-stock-gains-after-company-purchases-50-million-in-bitcoin-11602164665 56:45 – EY Changes Its Vacation Policy, Oh and BTW They’re Not Paying Out Accrued PTO If You “Leave” https://www.goingconcern.com/ey-flexible-vacation-policy-pto/ 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/Ap...

Oct 8, 2020

Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay ClockShark: https://cloudaccountingpodcast.promo/clockshark BQE CORE: http://cloudaccountingpodcast.promo/core Show Notes 04:17 – Happy Birthday, Microsoft Excel! https://www.goingconcern.com/happy-birthday-microsoft-excel/ 06:06 – Love them or hate them, spreadsheets are going 3D https://www.techradar.com/news/love-them-or-hate-them-spreadsheets-are-going-3d 07:50 – Updates on Scaling New Heights and announcing a new, ongoing strategic alliance with Woodard Institute https://www.firmofthefuture.com/content/updates-on-scaling-new-heights-and-announcing-a-new-ongoing-strategic-alliance-with-woodard-institute/ 11:13 – EisnerAmper releases return-to-office, social distancing app https://www.accountingtoday.com/news/eisneramper-releases-return-to-office-social-distancing-app 14:25 – Sage Launches AI-Powered Timesheets App Built Directly into the Sage Intacct Cloud https://www.accountingweb.com/technology/accounting-software-news/sage-launches-ai-powered-timesheets-app-built-directly-into-the 16:35 – Zapier Launches New Microsoft Teams Integration to Bolster Productivity https://www.prnewswire.com/news-releases/zapier-launches-new-microsoft-teams-integration-to-bolster-productivity-301138171.html 18:53 – Canopy Enhances PM and Tax Resolution Features https://www.accountingweb.com/technology/accounting-software-news/canopy-releases-feature-updates-for-its-practice-management- and 20:35 – Expert’s choice: Top accounting apps https://www.accountingtoday.com/list/experts-choice-top-accounting-apps 26:48 – Apps Will Get You Paid Early, for a Price https://www.nytimes.com/2020/10/02/your-money/cash-advance-apps-paychecks.html 30:57 – Banks Push Back On Possible Banking Charters https://www.pymnts.com/bank-regulation/2020/banks-push-back-on-possible-banking-charters-for-big-techs-like-amazon-and-facebook/ 32:36 – E.C.B. says it is considering issuing a digital euro. https://www.nytimes.com/live/2020/10/02/business/stock-market-today-coronavirus#ecb-says-it-is-considering-issuing-a-digital-euro 33:28 – IRS releases final rules on business meals and entertainment https://www.journalofaccountancy.com/news/2020/oct/irs-rules-business-meals-entertainment.html 35:49 – IRS adds marijuana industry page to website https://www.irs.gov/businesses/small-businesses-self-employed/marijuana-industry 37:14 – Apple’s credit card won’t make you question the existence of a 10-person Texas tax firm anymore https://www.theverge.com/2020/10/2/21498824/apple-credit-card-mislabeling-at-t-charges-transactions-waters-hardy-co 39:18 – COVID-19 has just turned your website into a rainmaker https://www.accountingtoday.com/list/COVID-19-has-just-turned-your-website-into-your-rainmaker 42:09 – Accountants are now 'key workers', say UK firms https://www.techradar.com/nz/news/accountants-are-now-key-workers-say-uk-firms 45:20 – Despite Billions in Fees, Banks Predict Meager Profits on PPP Loans https://www.nytimes.com/2020/10/01/business/ppp-loans-bank-profits.html 48:12 – Man tries to steal millions in PPP loans named after 'Game of Thrones' https://www.businessinsider.com/man-tries-to-steal-millions-ppp-loans-game-of-thrones-2020-10 49:51 – Reviews and Voicemail! 52:20 – Brave – A Chromium browser https://brave.com/?ref=tom660 53:56 – See Blake and David at the Accounting & Finance Show! https://cloudacctpod.link/AccountingShowUSA 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/ApplePod...

Oct 2, 2020

Sponsors ADP Marketplace: https://cloudaccountingpodcast.promo/adp ClockShark: https://cloudaccountingpodcast.promo/clockshark Smansha: https://cloudaccountingpodcast.promo/smansha Come See Us Here: The Accounting & Finance Show October 20-21 - https://cloudacctpod.link/AccountingShowUSA Show Notes 05:23 - Reviews! 07:41 - No forgiveness: Small businesses still on hook for rescue loans https://www.politico.com/news/2020/09/27/no-forgiveness-small-businesses-still-on-hook-for-rescue-loans-421940 Report: Not One PPP Loan Has Been Forgiven https://www.pymnts.com/loans/2020/report-not-one-ppp-loan-has-been-forgiven/ 08:17 - IRS says lenders don’t need to report PPP loan forgiveness https://www.accountingtoday.com/news/irs-says-lenders-dont-need-to-report-ppp-loan-forgiveness 09:08 - Is It Insane to Start a Business During Coronavirus? Millions of Americans Don’t Think So. https://www.wsj.com/articles/is-it-insane-to-start-a-business-during-coronavirus-millions-of-americans-dont-think-so-11601092841 12:36 - New Job Cuts at CPA Firms https://cpatrendlines.com/2020/09/21/covid-impact-32300-jobs-gone/ 14:31 - Trump’s Taxes Show Chronic Losses and Years of Income Tax Avoidance https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html Trump didn't pay income tax for 10 of 15 years before 2016 election: https://thehill.com/homenews/administration/518510-trump-paid-no-income-taxes-for-10-of-past-15-years-report 17:42 - The Ordinary Taxpayer’s Guide To The Extraordinary Story Of Trump’s Tax Returns https://www.forbes.com/sites/kellyphillipserb/2020/09/28/the-ordinary-taxpayers-guide-to-the-extraordinary-story-of-trumps-tax-returns/ 18:56 - Accountants favor Trump in election by large margin https://www.accountingtoday.com/list/accountants-favor-trump-in-election-by-large-margin 22:06 - If Your Small Business Died, Blame Trump https://planningshop.com/2020/09/if-your-small-business-died-blame-trump/ 26:12 - Blackbaud Ransomware Breach Victims, Lawsuits Pile Up https://www.bankinfosecurity.com/blackbaud-ransomware-breach-victims-lawsuits-pile-up-a-15053 28:03 - Shopify: 2 Employees Took Consumer Data https://www.pymnts.com/news/security-and-risk/2020/shopify-2-employees-took-consumer-data-from-merchant-sites/ 29:48 - Intuit launches new QuickBooks Commerce platform https://www.zdnet.com/article/intuit-launches-new-quickbooks-commerce-platform/ 32:10 - QuickBooks Recurring Transactions now available to third-party apps https://blogs.intuit.com/blog/2020/09/22/quickbooks-recurring-transactions-now-available-to-third-party-apps/ 33:42 - Xero Business Community - Reporting: Insert page breaks https://community.xero.com/business/discussion/4414314 34:34 - FreshBooks Buys Mexico's Facturama https://www.pymnts.com/news/b2b-payments/2020/freshbooks-buys-mexico-based-digital-invoicing-firm-facturama/ 35:30 - Tech News: OnPay debuts customizable reports, and more https://www.accountingtoday.com/list/onpay-debuts-customizable-reports-and-more 36:57 - 8 things to know about the audit evidence standard https://blog.aicpa.org/2020/08/8-things-to-know-about-the-audit-evidence-standard.html#sthash.8BCbEvgj.J65rwht5.dpbs 37:32 - Avalara debuts suite for alcohol industry https://www.accountingtoday.com/news/avalara-debuts-compliance-product-suite-for-alcoholic-beverage-industry 40:00 - Another satisfied listener - Thank you, Jackson Wilcox! 42:36 - Google launches a work-tracking tool and Airtable rival, Tables https://techcrunch.com/2020/09/22/google-launches-a-work-tracking-tool-and-airtable-rival-tables/ 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 ...

Sep 22, 2020

Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay ClockShark: https://cloudaccountingpodcast.promo/clockshark A2X: https://cloudaccountingpodcast.promo/a2x Show Notes 03:40 – TikTok Bid Highlights Oracle’s Public Embrace of Trump – New York Times 08:41 – The Oracle of National ID Cards – Wired 09:15 – Mnuchin Mum On Oracle, TikTok Deal – PYMNTS.com 13:07 – Senate, Supreme Court opt out of Trump payroll tax deferral – Accounting Today 14:15 – House Republicans push to reopen Paycheck Protection Program amid coronavirus relief gridlock 15:53 – Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent – CNBC 17:20 – This tweak to the PPP could save small businesses $7 billion 18:55 – America’s Offices Sit Half-Empty Six Months Into the Covid-19 Pandemic – Wall Street Journal US Offices Only At 50 Pct Capacity In August – PYMNTS.com 20:31 – Survey Says: Fintech On The Rise During COVID – Crunchbase 21:44 – CCH Axcess e-filing goes down on tax deadline – Accounting Today E-filing problems plague some Sept. 15 tax returns – Journal of Accountancy 24:56 – Penalty relief may be available to those who miss Sept. 15 deadline due to COVID-19 – Accounting Today 26:05 – IRS set to begin rolling out new case management system – Accounting Today 29:45 – Square launches payroll feature that could boost its banking business through the Cash App –CNBC 35:12 – Square Sees Hike In Cashless Transactions – PYMNTS.com 36:10 – What’s new in QuickBooks Online: September 2020 – QuickBooks 40:44 – QuickBooks Desktop 2021 updates respond to new COVID realities – Accounting Today 43:00 – Xero revamps Early U.S. plans, debuts ‘Xero on Air’ – Accounting Today 44:10 – A refreshed Xero plan to support small businesses during COVID-19 – Xero Blog 50:14 – TD Rolls Out Online Accounting In Bid For Small Biz Accounts – PYMNTS.com 52:53 – Chime is now worth $14.5 billion, surging past Robinhood as the most valuable U.S. consumer fintech –– CNBC 54:47 – Klarna Valued At $10.65B After $650M Fundraise – PYMNTS.com 56:03 – Wolters Kluwer Acquires XCM – CPA Practice Advisor 57:30 – KKR to sell Epicor Software in $4.7 billion deal, 4 years after buying the company – MarketWatch 57:58 – Acumatica update focuses on COVID-19 challenges – Accounting Today 59:02 – Cloud Startup Airtable Raises $185 Million At $2.5 Billion Valuation And Launches API For Outside Coders – Forbes 1:01:02 – Bookkeeper360 Launches App That Integrates with Xero to Provide Real-Time Business Insights –Yahoo! Finance 1:02:32 – Saasable - Recurring Revenue Simplified – Intuit QuickBooks 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 Join us at the Accounting a...

Sep 15, 2020

Sponsors ADP Marketplace: https://cloudaccountingpodcast.promo/adp ClockShark: https://cloudaccountingpodcast.promo/clockshark BQE CORE: http://cloudaccountingpodcast.promo/core Show Notes 05:46 – Melio Raises $144M to keep Small Businesses in Business by Simplifying their B2B Payments – Silicon Valley Daily Melio Payments: Out of stealth with $144 million – Bessemer Venture Partners 06:53 – Is Working Remotely the Future of Finance? – CFO 07:41 – Auditors Struggle to Access Data, Count Inventory During Remote Work – Wall Street Journal 07:47 – 8 things to know about the audit evidence standard – AICPA 09:17 – DOJ: 57 Charged With Alleged PPP Fraud – PYMNTS.com 10:10 – More on Liar Loans – Wikipedia 11:52 – Quickie lender Kabbage doled out billions in PPP loans. A number of borrowers raised red flags. – Miami Herald 15:42 – SBA Loan Program Contractor and Rocket Loans Face Scrutiny – Wall Street Journal 18:26 – The FTC Is Investigating Intuit Over TurboTax Practices – ProPublica 20:39 – IRS Wants to Break Privacy on Monero and Bitcoin’s Lightning Network – News Break 22:48 – SaaS Firm CEO Resigns; Layoffs, Probe Follow – PYMNTS.com CEO of cyber fraud startup NS8 arrested for defrauding investors in $123m scheme –ZDNet 25:44 – Major companies reject Trump’s payroll tax deferral – Accounting Today 28:09 – Employers added 1.4M jobs in August, but subtracted 1.6K in accounting – Accounting Today 29:16 – Millions of U.S. jobs to be lost for years, IRS projections show – Accounting Today 31:50 – Sage and Revolut partner to hand back three weeks of admin time to small business owners – Sage UK 33:20 – Deel Lands $30M For Workforce Payroll – PYMNTS.com 35:50 – How Do You Know a Human Wrote This? – New York Times OpenAI’s new language generator GPT-3 is shockingly good—and completely mindless – MIT Technology Review 36:21 – GPT-3 bot that lets people with no accounting knowledge generate financial statements – Twitter 41:13 – The majority of workers use automation software at work—here's why – Zapier 48:12 – Time for REVIEWS!!! 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds ClientHub: https://clienthub.app Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript ADP has your back with ADP Marketplace, a digital HR storefront. Be a more trusted advisor to your clients by recommending apps to help streamline HR processes and free up time to focus on people. Stay tuned to hear more from our sponsor, ADP Marketplace, later in the episode. David Leary: [00:00:20] It's basically, President Trump's gonna get his next paycheck because he works for the federal government. There won't be Social Security ta...

Sep 7, 2020

Sponsors ADP Marketplace: https://cloudaccountingpodcast.promo/adp ClockShark: https://cloudaccountingpodcast.promo/clockshark BQE CORE: http://cloudaccountingpodcast.promo/core Show Notes 04:46 – Turns out, the people who work at Facebook are fighting just as much as the rest of us – Marketplace Tech 11:01 – We've got ... VOICEMAIL! 15:26 – A new internet domain for the CPA profession: .cpa – Journal of Accountancy AICPA opens up applications for .cpa domains – Accounting Today 20:00 – Arizona First State to OK Nonlawyer Ownership of Law Firms (2) – Bloomberg Law 23:18 – Time & Budgets – Karbon Karbon releases Time & Budgets – Accounting Today App Aware: Karbon Updates Work Management Software – Intuitive Accountant 25:23 – Latest product news – September 2020 – Xero Blog 26:23 – Drury family sells $204m Xero shares, PushPay boss Bruce Gordon offloads on way out the door – New Zealand Herald Second Xero block flies, this time via Jarden – Financial Review 28:41 – Zoom Revenue Soars on Remote Work Boom – CFO.com 30:52 – Zoom (ZM) Chief Accounting Officer to Resign – StreetInsider.com 31:51 – Plaid Unveils New Instant Account Update Feature | PYMNTS 32:58 – How your firm is missing a $682,000 opportunity – Accounting Today 38:03 for Summary why the pyramid scheme 41:26 – Spreadsheet error led to Edinburgh hospital opening delay – BBC News 43:13 – FedNow Aimed At Transforming The US Payment System Approved By The Board Of Governors Of The Federal Reserve – Forbes FedNow: The Federal Reserve’s Planned Instant Payments Service – Harvard Law School Forum on Corporate Governance Fed Announces "FedNow" Real-Time Payments Service – White & Case LLP 44:27 – Fed to have payments service ready 'as soon as practicably possible – American Banker 44:56 – Coronavirus prompts renewed calls for postal banking, faster payments – American Banker Roundtable: Public Money - A. Klein, How to Fix the Covid Stimulus Payment Problem: Accounts, Information, and Infrastructure – Just Money 46:18 – Why Kamala Harris matters to fintech in the 2020 election – PaymentsSource 50:14 – One more voicemail! 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds ClientHub: https://clienthub.app Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Sep 1, 2020

Sponsors Accountant Connect: https://cloudaccountingpodcast.promo/adp A2X: https://cloudaccountingpodcast.promo/a2x Scott's Add-Ins: https://cloudaccountingpodcast.promo/scotts Show Notes 03:29 – IRS says companies are responsible for deferred payroll taxes – Accounting Today IRS guidelines put employers on the hook for Trump's payroll tax break – CNBC 05:33 – White House dissatisfaction slows IRS payroll tax guidance – Accounting Today 08:18 – Postal Service’s $522M in Overtime Costs Questioned – CFO 10:13 – Crisis At The Post Office – NPR Planet Money What A Piece Of Work Is The Post Office – NPR The United States Postal Service – Civics 101: A Podcast 12:42 – Fed Approves Shift on Inflation Goal, Ushering In Longer Era of Low Rates – WSJ 14:35 – Intuit Full Year Revenue Up 13 Percent – Intuit 16:18 – Intuit 13% annual growth driven by strong TurboTax performance – Accounting Today 19:13 – Intuit rebounds from challenging tax season with strong Q4 results | ZDNet Intuit Corp (INTU) Q4 2020 Earnings Call Transcript @themotleyfool #stocks $INTU – Motley Fool 20:09 – What’s new in QuickBooks Online: August 2020 – Intuit QuickBooks 25:59 – Xero appoints director to lead growth in US Hispanic market – Insightful Accountant 27:01 – Episode 126 – #AccountexUSA: Getting to know the Latino market 27:46 – Xero flags move into lending with A$80m Waddle acquisition – NZME Xero acquires Waddle to help improve small business cash flow – Xero Blog 28:34 – New & Improved in FreshBooks: Mileage Tracking, Auto Apply Credits, and More – FreshBooks 29:18 – Google Chrome update brings better tab management, QR codes, plus performance improvements – TechCrunch 32:30 – Invoice Fraud Strikes Amazon In $19M Scam – PYMNTS.com 35:07 – PwC pledges to review fraud detection after Wirecard scandal shakes industry – Financial Times 36:01 – CPA firms' hiring of accounting grads down 30% – Accounting Today What Percentage of Straight White Businessmen Don’t Give a Crap About Diversity and Inclusion? – Going Concern Remove roadblocks to CAS practice growth – Journal of Accountancy 41:28 – Non-CPA “CPA” Firms? Really? – CPA Trendlines 42:18 – Does the US tax code favor automation? – Brookings 46:32 – Blake Oliver's Accounting Story – Yaeger CPA Review 47:56 – The Future of Business - How Finance is Becoming a Catalyst For Change (PDF) – NetSuite 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 Spoti...

Aug 26, 2020

Sponsors AccountingSuite: https://cloudaccountingpodcast.promo/asuite LivePlan Bootcamp: https://cloudaccountingpodcast.promo/lpbootcamp BQE CORE: http://cloudaccountingpodcast.promo/core Show Notes 04:33 – One of this week's voicemail messages – Shana 06:40 - Increase your restaurant profits by tracking fiscal weeks in QuickBooks Online Advanced – Intuit QuickBooks 08:16 - Xero and TriNet provide full-service HR solutions to U.S. small businesses – Xero Blog 09:00 - NetSuite Adds More Remote-Friendly Accounting Features – CPA Practice Advisor 10:20 – More about building your own bank feed – Episode 132 11:07 - Intuit’s QuickBooks Accounting Software May Now Access Financial Data Provided by Bank of Montreal Customers via New API – Crowdfund Insider 11:45 - Amex acquires SoftBank-backed Kabbage after tough 2020 for the SMB lender – TechCrunch 13:13 - Trump Expresses Support for Oracle to Buy TikTok – WSJ 14:43 - Automate bank reconciliations with Excel Power Query – Financial Management 17:27 - The Oracle of National ID Cards – Wired 18:10 - IRS To Begin Sending Out Interest Payments To Millions Of Taxpayers With 2019 Tax Refunds – Taxgirl 19:00 - IRS will stop sending overdue notices until it catches up on mail backlog – Accounting Today 19:56 - The payroll tax holiday will kick off in two weeks. Your employer isn’t ready – CNBC 20:13 - NPRC Statement on Employee Social Security Tax Deferral - NPRC 21: 51 - Potbelly returned its first $10M PPP loan after public uproar — then it applied for another one – Fox Business 22:14 - AICPA is urging congress to make a technical correction to fix the tax treatment of loan forgiveness on PPP loans – Accounting Today 24:00 – Our second voicemail, from TCAP friend, Hector Garcia. 30:35 - Clients disappointed with tax refunds, expect more from accountants (The Canopy Survey) – Accounting Today 38:42 - Patrick Knight of Adobe: 57% of Parents Feel Closer to Coworkers Now Despite Working from Home – Small Business Trends 42:20 - Where Opportunity Meets Value: Business Model Trends Report (Bill.com survey) – Bill.com 56:25 – A review! 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds ClientHub: https://clienthub.app Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript Do you have some clients that need more than what your current cloud-accounting software can offer - more robust inventory tracking, more connections to online sales channels, more users, more permissions, more reports, more control, more customization, more flexibility? Stay tuned to hear more from our sponsor, AccountingSuite, later in the podcast. Blake Oliver: [00:00:22] ... And you don't have to go get new clients. If you're serving small clients, you can increase your revenue 31% just by adding advisory services. David Leary: [00:00:30] Especially if you already are doing this. If you already offer this service at your firm, and you're not selling this in a good way to an exi...

Aug 17, 2020

Sponsors APD Marketplace: https://cloudaccountingpodcast.promo/adp ClockShark: https://cloudaccountingpodcast.promo/clockshark BQE CORE: http://cloudaccountingpodcast.promo/core Show Notes 10:01 - Mnuchin: Trump Is Serious About TikTok - PYMNTS 12:14 - Before BigCommerce's 200% IPO pop, Intuit offered $1.5 billion for the software company - CNBC 16:18 - Square Tests Small-Dollar, Short-Term Loans - PYMNTS.com 17:25 – Afterpay lets US consumers pay by instalments with their NFC mobile phone - NFCW 18:53 - Gusto is launching a new product called Cash Reserve – Gusto 20:10 - FreeAgent launches CoPilot in the UK – FreeAgent 21:09 - QuickBooks Live adding enhancements – Intuit QuickBooks Live 21:43 - FreshBooks Launches Mileage Tracking App for iOS – Small Business Trends 22:12 - Routable Raises $12M For Digital B2B Services | PYMNTS 23:20 - Xero releases CoA templates in Xero HQ – Xero 25:21 - Revolut partners with Dublin accounting software firm Bullet - Siliconrepublic.com 25:34 - FinTech Revolut's Losses Triple | PYMNTS 26:21 - AmEx in advanced talks to buy SoftBank-backed Kabbage – Bank Innovation 28: 24 - Trump’s executive order only guarantees $300 per week in enhanced unemployment for some workers – CNBC 28:44 – Trump Signs Payroll Tax Deferral Executive Order - National Law Review 29:41 - Employers Cast Wary Eye on Trump Payroll-Tax Deferral - WSJ 30:14 – AICPA Asks IRS and Treasury for Clarity on Trump's Payroll Tax Deferral – News Break 32:47 - Derailment of small business rescue clouds U.S. recovery - Politico 34:19 - These business owners who took PPP money will have their loan forgiveness reduced - CNBC 35:24 - Trump advisers urge delisting of U.S.-listed Chinese firms that fail to meet audit standards - Reuters 36:55 - Wirecard, the fintech behind a $2 billion accounting scandal, leaves the DAX by August 21 after a new rule kicks in - Markets Insider 37:23 - The former COO at Wirecard has fled to Russia – WSJ 38:05 - Wirecard’s Jan Marsalek added to Interpol’s most wanted list – Accounting Today 38:49 - Former Wirecard Exec Reported Dead - PYMNTS 39:52 - Almost Half Of Wirecard’s Debt Stemmed From SoftBank’s $1B Investment - PYMNT 41:27 - Ex-MyPayrollHR CEO Pleads Guilty to Fraud, But Can He Pay It Back? – Spectrum News Former MyPayrollHR CEO Michael Mann pleads guilty in company's collapse – Times Union 42:22 - New York attorney general seeks to dissolve NRA in suit accusing gun rights group of wide-ranging fraud and self-dealing 51:52 - This 'Almost-Rockstar'-Developed 10-key Is the Best Thing to Happen to Accounting Since Microsoft Excel - Going Concern 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 P...

Aug 12, 2020

Sponsors ADP Marketplace: https://cloudaccountingpodcast.promo/adp ClockShark: https://cloudaccountingpodcast.promo/clockshark Relay Financial: https://cloudaccountingpodcast.promo/relay Show Notes Coming soon! 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds ClientHub: https://clienthub.app Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript ADP has your back with ADP Marketplace, a digital HR storefront. Be a more trusted advisor to your clients by recommending apps to help streamline HR processes and free up time to focus on people. Stay tuned to hear more from our sponsor, ADP Marketplace, later in the episode. Blake Oliver: [00:00:19] Well, apparently, they didn't even talk. He didn't even talk with the client about what it would cost at the beginning. He presented his bill after the fact, and the client accepted it- David Leary: [00:00:28] Which tells me they got a lot of value out of it, and they didn't put up a fuss. He undercharged it. He left value on the table. Blake Oliver: [00:00:36] That's my feeling, too. Just because you can't think of a way to do a value-based bill for this doesn't mean that there isn't a way. ____________________ This episode of The Cloud Accounting Podcast is sponsored by ClockShark. ClockShark is the leading GPS, time-tracking, and scheduling system built for local construction and field-service companies that want a simpler way to track time, run payroll, and understand job costs. With the capabilities of crew tracking, scheduling, jobsite geofencing, teams, and project segmentation, automatic labor allocation, budgeting, and reporting, ClockShark has built a robust mobile time-tracking system to handle the unique challenges that face your clients. With ClockShark, your clients can keep accurate records, like overtime, paid time off, unpaid time, hours per job, and tasks, as well as the crucial data needed for certified payroll. With the integrations ClockShark has, you'll be able to connect to one of many ADP payroll platforms through ADP Marketplace and process payroll in minutes with the click of a button. ClockShark's pricing starts at just $6 a month per employee. Head over to cloudaccountingpodcast.promo/clockshark . ____________________ This episode of The Cloud Accounting Podcast is sponsored by Relay Financial. Wouldn't it be great if you could open a new business bank account 100-percent online without having to go to a physical bank branch? Relay is a 100-percent online bank that is 100-percent focused on small business. With Relay, you can effortlessly collaborate with team members, manage payments, and issue corporate cards all from a bank. Accountants and bookkeepers love Relay because they get a partner portal, can manage staff access without compromising security, and enjoy enriched direct bank feeds to QuickBooks Online, and Xero. To sign up in less than 10 minutes and enjoy stress-free banking with no monthly fees, or monthly minimum balances, head over to CloudAccountingPodcast.promo/relay . ____________________ Blake Oliver: [00:02:42] Welcome to The Cloud Accounting Podcast. I'm Blake Oliver. David Leary: [00:02:46] And I'm David Leary. Blake Oliver: [00:02:47] So, David, after last week, I felt like we had so many stories, I said I would bring five stories today, and I think I have 25. I just can't do it. I can't cut it down enough. I'm going through my list, and I'm trying to highlight the ones that I do think are the top five. I've got the Intuit acquisition of TradeGecko. That's a big one. David Leary: [00:03:07] That's correct. That's a big one. Blake Oliver: [00:03:07] Rippling raised a ton of money. I've got an article in CPA Trendlines, an opinion piece - "When Time-Based Pricing Works." I don't know ... What do you got? David Leary: [00:03:17] A lot of smaller ap news. Different people did raises. Related, on the other side of Intuit's acquisition of TradeGecko, Webgility announced a partnership with QuickBooks Desktop, which I find was like, okay, here's a competing product, but in the Desktop space. What direction is the train headed here? That was a little confusing. Blake Oliver: [00:03:39] Well, I think we should then dig into app news. We are The Cloud Accounting Podcast, let's start with that, but first, we have a review, right? David Leary: [00:03:45] We have two reviews. Blake Oliver: [00:03:46] This is from Joe, via Apple Podcasts. Five Stars, Great content and timely on current events. "Great podcast with timely and relevant content for forward-thinking accountants. Much easier and better ana...

Aug 4, 2020

Sponsors ADP Marketplace: https://cloudaccountingpodcast.promo/adp ClockShark: https://cloudaccountingpodcast.promo/clockshark Smansha: https://cloudaccountingpodcast.promo/smansha Show Notes 04:55 – Boomer Consulting Virtual Summit on August 9-12 – Boomer Consulting. 05:14 – VirBELA – Virtual work platform 08:16 – Congressional Democrats, White House still at impasse over coronavirus bill – Reuters 08:53 – New York Times on U.S. Coronavirus Aid - Twitter 09:49 – IRS offers new procedure for changing accounting method amid coronavirus – Accounting Today 10:30 – SBA watchdog report reveals ‘pervasive’ fraud in coronavirus disaster loan program – The Washington Post 11:56 – Florida Man Took Coronavirus Aid and Bought a Lamborghini, Officials Say – New York Times 13:39 – Tech Executive Charged With PPP Fraud Deposited in Robinhood – The Washington Post 14:48 – Letter to the editor: Accounting firms should repay PPP loans – The Virginia Gazette 17:02 – When Their PPP Loans Didn’t Come Through, These Businesses Broke Up With Their Banks – Wall Street Journal 19:47 – QuickBooks Cash Intuit intros QuickBooks Cash, a bank account for businesses – Accounting Today Small Business Bank Account & Debit Card - QuickBooks Cash – Intuit QuickBooks 24:30 – Latest Produce News – August 2020 - Xero Duplicate Statements Line Report – Xero 25:08 – Enova to Acquire OnDeck in $90 Million Deal - Finovate 25:43 – Why OnDeck is being sold on the cheap – American Banker 26:18 – French Company to Buy Fintech YayPay – CFO 27:03 – New & Improved in FreshBooks: Checkout Links, Tax Time Hub, and More - FreshBooks New: Get 1-Step Online Payments With Checkout Links – FreshBooks 27:36 – Gusto launches their 'People Advisory' designed to help accountants think differently about Payroll – Insightful Accountant Become People Advisor Certified – Gusto Gusto Adds New Accountant Advisory Service to its Offerings – AccountingWEB Gusto introduces certification program for accountants – Accounting Today 29:32 – Vertex goes public on Nasdaq – Accounting Today 31:06 – Shopify’s Revenue Nearly Doubles as Covid-19 Pushes Shopping Online – Wall Street Journal 32:28 – Taxfyle forms RMW Accounting, seeks to acquire CPA firms – South Florida Business Journal 33:34 – AI accounting startup Candis raises $14M in fresh funding - SiliconANGLE 37:17 – A disruptive vision: Varo is officially a bank – Bank Innovation 37:44 – Monzo's losses double as popular UK digital bank warns of pandemic uncertainty - CNBC 39:05 – Big bank offers up $500 cash to customers – News.Com.Au 39:34 – ZenBusiness Acquires Joust, the Leading Fintech for Small Business Entrepreneurs – Business Wire 42:54 – Review! 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

Jul 28, 2020

Sponsors ClockShark: https://cloudaccountingpodcast.promo/clockshark BQE Core: http://cloudaccountingpodcast.promo/core Show Notes 05:55 - What Arizona's Tenuous Coronavirus Plateau Could Teach Us – NYTimes 09:32 - McConnell’s stimulus waiting game turns into race against clock – Accounting Today 10:10 - White House, GOP Agree On $1T CARES 4.0 - PYMNTS.com 11:12 - What Democrats and Republicans want in the next coronavirus relief package – Reuters 14:10 - State CPA society CEOs call for federal relief for state and local governments amid coronavirus – Accounting Today 15:09 - New AICPA tool automates PPP loan forgiveness process - Journal of Accountancy https://www.pppforgivenesstool.com/ 17:15 - Strip-club stimulus reveals lingering uncertainties over U.S. small-business aid – Reuters 21:00 - Why Zoom meetings really do leave you exhausted - Journal of Accountancy 23:12 - Companies Start to Think Remote Work Isn’t So Great After All – Wall Street Journal 24:41 - Staff do worse when asked to report frequently, accounting study shows – CFO Dive 25:23 - 66% Working from Home Say They're More Likely to Work Nights and Weekends – Small Business Trends 27:41 - Employees Want to Return to a Physical Workplace – Small Business Trends 30:25 - ScaleFactor Raised $100 Million In A Year Then Blamed Covid-19 For Its Demise. Employees Say It Had Much Bigger Problems. – Forbes 48:20 - Siri Srinivas on Twitter on the Forbes ScaleFactor article - Twitter 52:12 – A listener's feedback on our brief discussion on modern monetary theory – Twitter 58:37 - The Rescues Ruining Capitalism – WSJ 1:00:58 Jirav scores $8M in Series A funding – Accounting Today 1:01:03 - Lawsuit Alleges Plaid Violated User Privacy - PYMNTS.com 1:01:20 - Kabbage Rolls Out Checking Accounts For SMBs - PYMNTS.com 1:01:24 - Brex Offers FDIC Insurance - PYMNTS.com 1:01:31 - FinTech Revolut Raises $80M In New Funding - PYMNTS.com 1:01:41 - Painting the Art of the Possible, with Brad Smith - Shift Addendum: Scale Factor Botkeeper story we broke in FEB 2019 https://medium.com/datadriveninvestor/its-not-a-bot-the-truth-about-botkeeper-the-google-funded-ai-powered-bookkeeper-replacement-9c3f42d230b6 https://www.cloudaccountingpodcast.com/60 https://www.cloudaccountingpodcast.com/61 https://www.facebook.com/davidleary/videos/10157125979906477/ VisorTax's failure https://www.linkedin.com/pulse/think-your-2018-tax-season-tough-check-out-visors-attempt-david-leary/ https://www.cloudaccountingpodcast.com/70 Our past Scalefactor coverage https://www.cloudaccountingpodcast.com/55 https://www.cloudaccountingpodcast.com/104 https://www.cloudaccountingpodcast.com/160 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

Jul 21, 2020

Sponsors Accountant Connect: https://cloudaccountingpodcast.promo/adp ClockShark: https://cloudaccountingpodcast.promo/clockshark BQE Core: http://cloudaccountingpodcast.promo/core Show Notes 06:40 – Faulty data collection raises questions about Trump’s claims on PPP program – Washington Post 10:41 – New York City Didn’t Get Fair Share of PPP Loans, Comptroller Report Says – Wall Street Journal 11:59 – Public Favors Small-Business Funds Going to Non-Chain Restaurants, Medical Groups, Private Schools - Morning Consult 13:18 – Kanye West says he’s running for president – POLITtransactions 13: 51 – Last week's discussion on PPP agent fees 14:08 – How banks are trying to hurt small business in a time of crisis - Newsweek 15:10 – Accountants predict 2020 will be worst year for economy since World War II – Accounting Today 16:00 – Wall Street’s Earnings Forecast: Cloudy With a Chance of Turbulence - Wall Street Journal 16:50 – 5 reasons borrowers shouldn’t rush their PPP forgiveness applications - AICPA Insights Under stress, accountants seek new tech to get through the pandemic – Accounting Today 17:54 – Under stress, accountants seek new tech to get through the pandemic – Accounting Today 29:25 — U.K. Regulator Orders Big Four to Separate Audit Practices by 2024 – Wall Street Journal 32:27 – Debating the CPA License: Martin Zych + Blake Oliver + Brian Tankersley - CPA Review & More 33:40 – FASB Concepts Statement No. 8 – Conceptual Framework for Financial Reporting ... – FASB 34:49 – Zoom for Home is Here to Empower Remote Workers – Zoom Zoom introduces all-in-one home communications appliance for $599 – TechCrunch 38:45 – Right Networks Releases Enhancements to Transaction Pro for QuickBooks Online – AccountingWEB 40:51 – Coconut Notches $3.15M For SMB Accounting - PYMNTS.com 42:15 – Stimulus Package May Be Unveiled Next Week - PYMNTS.com 44:28 – Fact check: Americans could get a $4,000 tax credit for domestic travel in stimulus – USA Today Sen. Schumer Calling for more Federal Funding for Small Businesses and Schools in the S. Tier – WENY 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds ClientHub: https://clienthub.app Smansha: https://cloudaccountingpodcast.promo/smansha Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript ADP has your back with Accountant Connect. Their award-winning multi-client payroll management and analytics platform is a remarkably effective tool for adding value to every client engagement. Stay tuned to hear more from our sponsor, ADP Accountant Connect, later in the episode. Blake Oliver: [00:00:21] Most accountants are working harder and longer si...

Jul 14, 2020

Sponsors AccountingSuite: https://cloudaccountingpodcast.promo/asuite Jirav: https://cloudaccountingpodcast.promo/jirav BQE Core: http://cloudaccountingpodcast.promo/core Show Notes 00:18 – Hasan Does Tax ASMR, Patriot Act Digital Exclusive, Netflix – YouTube 03:47 – SBA, Treasury release names of some PPP recipients - Journal of Accountancy 05:01 – PPP millions went to firm identified in Ukraine money-laundering suit – Crain's Cleveland Business 05:11 – The billionaires who received small business loans from the government, plus everything else you missed in business news - CNBC After Hours Kanye West’s Yeezy Got Millions From Federal Government’s Paycheck Protection Program – 2 CBS Chicago 05:16 – Small business aid winners include Five Guys, Planned Parenthood, Grindr - POLITICO 05:31 – Millions in aid from small business relief fund went to "hate groups" – CBS News 05:43 – In sign of the times, Ayn Rand Institute approved for PPP loan – Reuters The Ayn Rand Institute bootstrapped its way to a PPP Loan of at least $350K – Literary Hub 06:03 – Grover Norquist’s Anti-Tax Group Took Money From the Paycheck Protection Program - Slate 06:25 – Religious organizations receive $7.3 billion in PPP loans, megachurches amass millions - Newsweek U.S. Catholic Church Received Billions in Taxpayer Funds From Paycheck Protection Program - TIME 06:43 – A List Of Rich & Famous People Who Got Small Business Loans From The Government – Refinery29 Here are the eyebrow-raising Paycheck Protection Program loans in Florida – Tampa Bay Times 07:16 – Trump’s Waikiki Partner, Kushner Family Among PPP Borrowers – Washington Post 07:40 – Let the Paycheck Protection Program Shaming End! | LinkedIn 09:09 – Small business coronavirus relief loan database contains some big errors, firms say - CNBC 11:49 – Here Are the Accounting Firms That Received PPP Loans Because We Know You Want to Know - Going Concern 12:12 – Accounting Firms Take Billions in PPP Payouts – CPA Trendlines 15:52 – IRS to start collecting overdue tax payments as AICPA urges continued relief – Accounting Today 16:40 – Mnuchin: Any PPP Extension Would Be 'Targeted' - PYMNTS.com 17:43 – ProPublica: Tracking PPP Loans - ProPublica 19:38 – Wells Fargo Sets Out Its $400M Plan For SMB aid - PYMNTS.com 20:16 – Banks Could Get $24 Billion in Fees From PPP Loans - WSJ 21:31 – How small NJ bank Cross River distributed $5.4B in PPP funds – New York Post 23:08 – Latest product news – July | Xero Blog 26:39 – Welcoming the Stitch Labs Team to Square - Square 28:58 – Venmo Pilots Business Payments For Micro SMBs - PYMNTS.com 29:38 – Big jumps seen in tax prep fees: Survey – Accounting Today 31:00 – More AICPA tax talk from last week's episode 32:08 – Supreme Court grants N.Y. access to Trump taxes, blocks House – Accounting Today 33:57 – Why Doing Taxes is So Hard - YouTube 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 ...

Jul 8, 2020

Sponsors Synder: https://cloudaccountingpodcast.promo/synder ClockShark: https://cloudaccountingpodcast.promo/clockshark BQE Core: http://cloudaccountingpodcast.promo/core Show Notes 07:02 - Treasury Department, IRS will not extend Tax Day a second time - CNBC 07:09 - July 15 Filing Date — Not to Move – AICPA In March, the AICPA advocated to move the deadlines to October 15 - AICPA Some AICPA tweet (and replies) about the filing extension issue – Twitter 09:10 - Tax TeleGraf tweet on reasons you can control vs. can’t control : - Twitter 11:10 - IRS will not postpone July 15 deadline - Journal of Accountancy 12:02 - Wirecard’s Adventure-Seeking No. 2 Was Key to the Firm’s Rapid Rise. Then He Disappeared. - WSJ 12:58 - Wirecard ex-COO Marsalek's entry into Philippines was faked, minister says - Reuters 14:40 - More Wirecard discussion from last week's episode, 181 16:17 - Wirecard Scandal Puts Spotlight on Auditor Ernst & Young - WSJ 17:05 - Wirecard Exposes Big 4 Accounting Lapses Endure Post-Enron – Claims Journal 20:06 - Your Wirecard E-Cash Was Safe Until It Wasn’t - Bloomberg 21:24 - SoftBank Wants Out Of Wirecard Partnership | PYMNTS.com 22:27 - Corporate audits fell 71% as coronavirus crippled IRS – Accounting Today 22:33 - Millionaires face near-zero chance of IRS audit — for now – Accounting Today 23:12 - IRS wasting millions on audits with no results, watchdog says – Accounting Today 26:05 - IRS chief pledges to work with Congress on examining tax code's role in racial wealth disparities – The Hill 26:59 - House joins Senate in approving 5-week PPP extension - Journal of Accountancy Senate passes extension of small business loan program – Accounting Today 27:50 - Has There Been $1 Billion in PPP Fraud? - Entrepreneur 29:19 - Watchdog’s deceased mother one of 1.1M to get stimulus check – Accounting Today 29:58 - What Should Business Owners Do After They Run Out of PPP Loan Money? - AccountingWEB 33:09 - In the Covid-19 Economy, You Can Have a Kid or a Job. You Can’t Have Both. - The New York Times 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds ClientHub: https://clienthub.app Smansha: https://cloudaccountingpodcast.promo/smansha Go here to create your classified ad : https://cloudacctpod.link/RunClassifiedAd Transcript If you...

Jun 28, 2020

Sponsors Accountant Connect: https://cloudaccountingpodcast.promo/adp Synder: https://cloudaccountingpodcast.promo/synder Smansha: https://cloudaccountingpodcast.promo/smansha Show Notes 09:59 – A Message from Founder and CEO Kurt Rathmann - ScaleFactor 12:06 – Fintech Startup That Raised $100 Million From Investors Bessemer And Coatue Is Abruptly Shutting Down - Forbes 14:05 – ScaleFactor is shutting down after coronavirus craters sales – Austin Business Journal 16:58 – ScaleFactor Announces “2.020” Vision, Including Plans to Build Marketplace for On-Demand Financial Solutions – Business Wire 19:45 – Our early ScaleFactor speculations - Episode 70 20:36 – The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch - 20VC: Raising $105m in Just 13 Months Over 3 Separate Rounds, The 5 Core Ways VCs Can Add Value & How Founders Can and Should Fully Leverage Their Cap Table with Kurt Rathmann, Founder & CEO @ ScaleFactor – The Twenty Minute VC 29:16 – ScaleFactor: Our Response to the News - Acuity 32:18 – Wirecard AG’s former chief executive officer was detained by Munich prosecutors – Accounting Today 33:42 – Wirecard filed for bankruptcy this week – Wall Street Journal Backstory: Wirecard’s suspect accounting practices revealed – Financial Times 34:00 – Softbank sues E&Y over Wirecard - CNBC 38:36 – Nasdaq to suspend trading of Luckin Coffee shares from Monday - Reuters 39:12 – GE KPMG Auditor Swap: General Electric and KPMG Officially Call It Quits – Going Concern 40:38 – Intuit changes tech development focus, lays off 715 – Accounting Today 44:45 ­– IRS sent $1.4B in stimulus checks to dead people, audit finds – Accounting Today 47:42 ­– PPP recipients can apply early for loan forgiveness, SBA says - Journal of Accountancy 48:31 – SBA exempted lawmakers, federal officials from ethics rules in $660 billion loan program – Washington Post 52:39 – Mastercard to purchase open-banking company Finicity for $825 million – MarketWatch 55:40 – Last week's Square discussion – Episode 180 56:35 – Are Intuit and Square dating? - Square 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds ClientHub: https://clienthub.app Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript ADP has your back with Accountant Connect. Their award-winning multi-client payroll management and analytics platform is a remarkably effective tool for adding value to every client engagement. Stay tuned to hear more from our sponsor, ADP Accountant Connect, later in the episode. Blake Oliver: [00:00:20] One of the questions I had immediately was where did all the money go? What happened to the $100 million? Because there's no way, with 100 employees, that they burned through $100 million in a year. Not possible. David Leary: [00:00:32] That's a lot of money, but they got 1,000 clients. That's $100,000 per client. I texted somebody who is a leader at a Top-100 accounting firm, and I said, "Hey, can I buy your firm for $100 million?" I...

Jun 23, 2020

Sponsors Bill.com: https://cloudaccountingpodcast.promo/bill Synder: https://cloudaccountingpodcast.promo/synder Relay Financial: https://cloudaccountingpodcast.promo/relay Show Notes 06:22 – U.S. Treasury, SBA to disclose names of most businesses taking PPP loans - CNBC 08:06 – Members of Congress took small-business loans — and the full extent is unknown - POLITICO 08:21 – More on Rubio's flip-flopping record from last week's episode 11:19 – Charter Schools, Some With Billionaire Benefactors, Tap Coronavirus Relief - The New York Times 12:54 – SBA and Treasury streamline PPP loan forgiveness applications – Accounting Today 14:30 – PPP Small-Business Loans Left Behind Many of America’s Neediest Firms - WSJ 18:28 – SBA launches tool to match underserved borrowers with PPP lenders - Journal of Accountancy 20:21 – IRS employees are returning to offices amid coronavirus – Accounting Today 22:10 – Tax Court Will Zoom into Your Living Room - AccountingWEB 22:23 – IRS urged to pursue preparers with overdue returns, debts and penalties – Accounting Today 25:23 – Toronto accounting firm hit by ransomware – IT World Canada 26:50 – Only 1/3 of Small Businesses Inform Employees of Personal Device Security Requirements – Small Business Trends 28:37 – Behind the Fall of China’s Luckin Coffee: a Network of Fake Buyers and a Fictitious Employee - WSJ 33:26 – Wirecard CEO Resigns After Banks Say Missing $2 Billion Doesn’t Exist - WSJ 40:04 – Receipt Bank acquires data quality specialist Xavier – Accounting Today 43:03 – Rewind Introduces Client Data Transfer Tool for QuickBooks Online – AccountingWEB 45:23 – Botkeeper raises $25 million to automate accounting tasks - VentureBeat 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Steve Chase’s Excel Bootcamp: https://www.sequentiasolutions.com/bootcamp/ ClientHub: https://clienthub.app Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript Clients are looking for trusted advice and a sense of stability as they navigate the new normal, and by using Bill.com, accounting firms can free up more time for valuable strategic advisory services by helping clients shift their accounts-payable process online. Stay tuned to hear more from our sponsor, Bill.com, later in the episode. Blake Oliver: [00:00:23] So, the chief executive and chief technology officer of Wirecard is Markus Braun, who, the Wall Street Journal notes, is known for his tall ... He's tall, and known for his intense manner of speaking, and adopted the sartorial style of the tech world, wearing black turtlenecks similar to Apple Inc. founder, Steve Jobs. David Leary: [00:00:44] Oh, and the blood girl ... Blake Oliver: [00:00:44] Yeah, you remember- Theranos ... David Leary: [00:00:47] Theranos, yeah. Elizabeth Holmes. Blake Oliver: [00:00:51] Yes, she also did the same thi...

Jun 16, 2020

Sponsors Accountant Connect: https://cloudaccountingpodcast.promo/adp Melio Payments: https://cloudaccountingpodcast.promo/melio PayPie: https://cloudaccountingpodcast.promo/paypie Show Notes 05:06 – Wave expands into banking with new small business account and debit card - BetaKit Wave Money is a new no fee bookkeeping solution aimed at small business users - TechRadar 07:39 – QuickBooks Online new features and improvements - March 2020 - Firm of the Future 09:05 – Banking App Lili Raises $10M In Seed Funding - PYMNTS.com 09:29 – Challenger bank Varo, soon to become a real bank, raises $241M Series D – TechCrunch 09:36 – Wise locks down $5.7 million to scale its challenger bank designed for small businesses – TechCrunch 11:43 – Square: Why Its Stock Is Soaring And How It’s Threatening Banks - Forbes 12:50 – Hit by Coronavirus—and a 30% Holdback by the Payment Processor – Wall Street Journal 17:23 – Alibaba.com moves into SMB financing – Bank Innovation 20:23 – QuickBooks Online new features and improvements - March 2020 - Firm of the Future QuickBooks boosts reports for accountants, upgrades Enterprise edition – Accounting Today 22:28 – QuickBooks Connect 2020 was cancelled, but continue to watch this space because something new and exciting is coming – Intuit QuickBooks. 25:13 – FreshBooks launches Accounting Professionals Program – Accounting Today 30:22 – Tax1099 Builds Integration with BQE Core to Streamline 1099 eFilings – Yahoo! Finance 32:39 – CalCPA CEO pledges change in wake of George Floyd killing - Accounting Today 42:21 – SBA and Treasury Announce New and Revised Guidance Regarding the Paycheck Protection Program - PR Newswire 44:40 – Rubio vowed to make PPP loans public. Now he asks if they are trade secrets – The Sun Sentinel 46:17 – Mnuchin secrecy on bailout sparks rift with Congress – POLITICO 50:22 – Harris, Porter Blast Trump Administration for Hiding Data on Small Business Grants - KAMALA D. HARRIS U.S. Senator for California 50:57 – Senate Democrats press for simplified Paycheck Protection Program loan forgiveness application - Washington Post 51:39 – The Paycheck Protection Program is a success, except for one big issue – The Washington Times 53:00 – Paycheck Protection Program – Developments You Should Know – The National Law Review 54:50 – Fed expands Main Street program to allow for both smaller and bigger loans - CNBC 55:44 – Federal Help Could Be Coming For Looted Stores - PYMNTS.com 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Jun 8, 2020

Sponsors Liscio: https://cloudaccountingpodcast.promo/liscio OnPay: https://cloudaccountingpodcast.promo/onpay PayPie: https://cloudaccountingpodcast.promo/paypie Show Notes 06:15 - What Impact Did the TCJA Have on Homeowners? - AccountingWEB 06:57 - Racial Disparities and the Income Tax System – Tax Policy Center 09:07 - [OC] People Killed by Police Forces (Annual rate per 10 million people) - Reddit 11:28 - Police Unions And Civilian Deaths - NPR 12:41 - The Illusion of Race-Neutral Tax Policy - ITEP 13:41 - Executive at top U.S. accounting firm details plan to combat racism, says workers 'want action' - CNBC 15:38 - Fifty Years, Little Progress for Black Accountants – Bloomberg Tax 16:49 - Accounting profession responds to George Floyd killing and anti-racism protests – Accounting Today 19:21 - Economic Reports and Issues – NAACP 21:20 - PPP forgiveness changes coming as Senate passes House bill – Journal of Accountancy 26:48 - Banking Groups Call For PPP Loan Forgiveness - PYMNTS.com 28:21 - Is It Easier to Ask for Forgiveness Than Permission? Not for PPP Loans Under $150K AQN Strategies 29:06 - Dear Senate: Just forgive the Paycheck Protection Program loans – The Hill 29:38 - What to Make of the Rebound in the U.S. Jobs Report - NYTimes 32:10 - Accountants see pandemic over by year's end; recovery will take longer – Accounting Today 33:31 - How SMB Accounting and Finance Teams are Responding to COVID-19 – Intuitive Accountant 35:26 - Accounting group CPA victimized by cyberattack, some data on 329,000 people stolen - CBC News 37:06 - Exclusive: U.S. small business program handed out virus aid to many borrowers twice - Reuters 39:31 - Zoom Crushes Estimates With ‘Incredible’ Quarter – CFO.com 40:19 - Microsoft Just Dealt A Striking New Blow To Zoom With This Crucial Feature – Forbes 43:30 - Lenovo Chromebook Duet (10.1") 2 in 1 - Lenovo 45:52 - Top three ways to get the most out of Microsoft Teams for your small business – OnMSFT.com 47:21 - Latest product news: May 2020 - Xero 51:16 - Xero Financial Web 52:01 - Xero delays price hike indefinitely amid COVID-19 fallout for SME customers - SmartCompany 53:09 - Intuit QuickBooks expands Australian offering – Accountants Daily 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds AccountingTax.com: http://accountingtax.com/cloud Steve Chase’s Excel Bootcamp: https://www.sequen...

Jun 1, 2020

Sponsors Bill.com: https://cloudaccountingpodcast.promo/bill Jirav: https://cloudaccountingpodcast.promo/jirav Justworks: http://cloudaccountingpodcast.promo/justworks Links COVID Recovery Tracker COUNTY-BY-COUNTY TRACKER FOR DAY-BY-DAY TRACKING https://learn.armaninollp.com/covid-recovery-tracker/ Show Notes 07:56 – House Passes PPP Loan Forgiveness Bill, Treasury Issues Harsh Forgiveness Regulations—What You Need To Know – Forbes 10:52 – Relief Aid Stalls With Small Businesses Returning Loans Unused – Bloomberg Tax 11:35 – Overwhelming majority of publicly traded firms have not returned small business loans: review – The Hill 12:21 – SEC Is Scrutinizing Public Companies Granted Virus Relief Funds - Bloomberg 14:03 – Devos sued over seizure of student tax refunds amid pandemic – Accounting Today 15:27 – COVID Recovery Tracker - COUNTY-BY-COUNTY TRACKER FOR DAY-BY-DAY TRACKING - Armanino 17:42 – WA Man Charged With Seeking Fraudulent PPP Loans - PYMNTS.com 18:51 – BoA Experiences Potential Data Breach With PPP - PYMNTS.com 20:37 – Virus Accounting Maneuvers Criticized by European Authorities – Bloomberg Tax 21:36 – CFO Signals™: Q2 2020 Reopening for Business, but Near-Normal Operating Levels Not Expected Until Next Year - Deloitte 23:01 – How companies are becoming creative with accounting during the COVID-19 pandemic – MarketWatch 24:51 – Pathways to Growth: Press ‘Shift’ and prepare to pivot – Accounting Today 28:23 – How we Pre-Billed 100% of our PPP Work and Still Sleep at Night - Medium 30:08 – Layoff Watch ’20: Deloitte Has Begun Performance-Related Separations – Going Concern 32:36 – Despite Working More Hours, Professionals Say They Hope WFH Stays Post-Coronavirus – Going Concern 34:10 – For Many, Remote Work Is Becoming Permanent in Wake of Coronavirus – WSJ 36:49 – Remote Work Could Spark Housing Boom in Suburbs, Smaller Cities - WSJ 38:31 – Planet Money : Small America Vs. Big Internet on Apple Podcasts – Planet Money 39:41 – The state tax nexus implications of working from home – Accounting Today 41:25 – A Surprising Number of Professionals Are Going Pantsless on Video Conference Calls - Going Concern 42:51 – Coronavirus Survey Results: 42% of Employees Drinking While Working from Home - Fishbowl 44:02 – Apple adds Quicken and QuickBooks format options to export Apple Card data - Appleosophy 45:10 – Set up and Manage Time Off in TSheets – Intuit QuickBooks 46:47 – Stackin’ raises $12.6M Series B to help millennials navigate the crowded fintech space - TechCrunch 50:18 – AICPA Offers Free Online Accounting Learning Tools for High School Students – CPA Practice Advisor 53:58 – Don’t toss that junk mail in the recycling bin just yet — it might contain your stimulus check in the form of a prepaid debit card - MarketWatch 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

May 26, 2020

Sponsors Bill.com: https://cloudaccountingpodcast.promo/bill OnPay: https://cloudaccountingpodcast.promo/onpay BQE Core: http://cloudaccountingpodcast.promo/core Show Notes 03:07 -- Questions Persist After Release of New Small-Business Loan Rules - WSJ 04:39 – Our first less-than-five-star review? Thanks for the feedback! 08:30 – Paychex Snapshot: Small Businesses Are Cautiously Optimistic About Recovery – InsightfulAccountant 14:45: Xero Warns of Coronavirus Impact Despite Swing to Fiscal Year Profit — Update - Morningstar 14:48 – Intuit sees slide in revenues in Q3 - Enterprise Times 15:54 – Sage : Half Year 2020 Results press release - MarketScreener 17:54 – Xero’s new integration with Relay enables flexible and intuitive banking for U.S. small businesses and their advisors - Xero 19:48 – What's new in QuickBooks Online – May 2020 - Intuit QuickBooks 24:13 – Revolut Integrates With Clear Books Software | PYMNTS 25:17 – Shopify Announces Major Product Launches and Updates at Virtual Event Reunite, Including Shopify Balance and Shop Pay Installments – Financial Post 26:22 – Square's Results Spotlight SMBs' Resilience | PYMNTS 27:11 – Stripe raises $600M at $36B valuation in Series G extension, says it has $2B on its balance sheet - TechCrunch 28:05 – Kabbage Is Revived By Processing PPP Loans | PYMNTS 30:03 – Deel Raises $14M For Remote Worker Payroll | PYMNTS 31:23 – Zenefits sees a shrinking company with no new job openings | Thinknum Media 32:12 – Grant Thornton introduces blockchain platform for managing intercompany transactions – Accounting Today 34:17 – As clients struggle, Mazars creates PPP Analysis Tool – Accounting Today 34:29 – Crowe creates PPP loan forgiveness management solution for lenders – Accounting Today 36:33 – 'Useless' Deloitte accused of PPE failings amid COVID-19 deal secrecy – openDemocracy 37:42 – Please Don't Call Deloitte If Your House Is On Fire – Going Concern 40:24 – SBA Under Spotlight as Frustrations With Small-Business Aid Programs Grow - WSJ 42:04 – Senate Adjourns Without Approving Deal to Extend PPP Spending Window - WSJ 44:45 – Mark Cuban: ‘It's time to face the fact that PPP didn't work’ – Fox News 45:16 – DOJ: Texas Man Claimed Employees For PPP Funds - PYMNTS 47:06 – Accounting errors led to $60 billion overvaluation of JobKeeper – Business News Australia 48:24 – With Move to Remote Voting, House Alters What It Means for Congress to Meet - NYT 51:16 – Man sentenced to death in Singapore on Zoom call - Reuters 51:58 – Mass Firing on Zoom Is Latest Sign of Weight Watchers Unrest - NYT 52:53 – Accountants Scrap With Banks For Billions In Paycheck Protection Fees - Forbes 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 TeePubl...

May 18, 2020

Sponsors LivePlan: https://cloudaccountingpodcast.promo/liveplan OnPay: https://cloudaccountingpodcast.promo/onpay BQE Core: http://cloudaccountingpodcast.promo/core Show Notes 06:50 - Pioneer discloses new details of MyPayrollHR owner's alleged fraud – Albany Business Review 08:26 - Richard Burr Steps Back From Senate Panel as Phone Is Seized in Stock Sales Inquiry – New York Times 12:08 - Reality star charged with spending funds from federal small business program on jewelry, Rolls-Royce – Washington Post 17:26 - Marco Rubio discusses making changes to the PPP rules - Twitter 19:20 - SBA Releases Paycheck Protection Program Loan Forgiveness Application: A Deep Dive - Forbes 21:30 - SBA.gov now providing daily updates, according to Sec. Mnuchin - Twitter 22:34 - A #PPP Horror Story brought to you by Kabbage - Twitter 24:05 - More PPP loans seem to be coming through for anxious business owners 28:26 - SBA provides safe harbor for PPP loans under $2 million – Journal of Accountancy 29:25 - PPP Changes Trip Up Small Businesses – The Wall Street Journal 31:28 - More discussion on the SBA Inspector General's report from Episode 174 33:18 - Lawsuit seeks data on PPP small business loans as large companies face deadline to return funds – ABC News 36:36 - AICPA Offers Loan Forgiveness Calculator for Paycheck Protection Program - AICPA * CAP Listener, Melissa Wasgatt provided us with a link to the Forgiveness Calculator – Thanks, Melissa! 38:37 - House Democrats unveil new $3 trillion coronavirus relief bill – CNBC 41:35 - Goldman: US Unemployment Rate Could Hit 25 Pct - PYMNTS.com 42:08 - Covid Kills 67,600 Jobs in Tax and Accounting – CPA Trendlines 43:26 - April Retail Rent Collection Drops to 58%: Datex Survey – The Real Deal 44:08 - 'Going Concern' Warnings Are a Growing Concern – Yahoo! Finance 46:34 - Why Are the Public Markets Strong When Unemployment is Terrible? Answer: The Cloud | SaaStr 48:09 - Digital adoption through COVID-19 and beyond - McKinsey 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 Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds ClientHub: https://clienthub.app JetPack Workflow: http://jetpackworkflow.com/freetemplates Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript According to the 2019 LivePlan small business survey: 71 percent of small business owners want forecasting and cash planning services; 61 percent want business planning, strategy, and monthly management reporting; 70 percent prefer virtual advisory services. Stay tuned to hear more from our sponsor, LivePlan, later in the episode. Blake Oliver: [00:00:23] The best part about this, David, is what he spent the money on. Apparently, he spent $1.5 million on a Rolex Presidential watch, a diamond bracelet, a 5.7...

May 11, 2020

Sponsors SmartBooks Genie: https://cloudaccountingpodcast.promo/genie OnPay: https://cloudaccountingpodcast.promo/onpay BQE Core: http://cloudaccountingpodcast.promo/core Show Notes 06:03 - White House considers measures to boost economy without Congress - NBC News 06:30 - Intuit Accountants (@IntuitAccts) Survey - Twitter 07:59 - QuickBooks Town Hall with Senators Rubio and Cardin: Full transcript, video - Intuit QuickBooks 08:38 - Demand for Small-Business Loans Cools - Wall Street Journal 09:34 - Footwear Company Allbirds To Return PPP Loan - PYMNTS.com 10:26 - Two Men Charged In First US Case Of PPP Fraud - PYMNTS.com 11:02 - SBA issues PPP guidance on laid-off employees who refuse to be rehired - Journal of Accountancy 11:05 - Accountant BDO looks at virus testing staff every 2 weeks - Financial Times 11:29 - New Guidance: SBA Clarifies That Foreign Employees Must Be Counted for PPP - National Law Review 11:46 - Deadline To Return PPP Loans Is May 14 - PYMNTS.com 11:59 - Last week's discussion about Monty Bennett, the hotelier who checked out some serious PPP cash 12:58 - SBA Inspector General Report - Small Business Administration 14:12 - AICPA Town Hall Update - CARES Act and Paycheck Protection Program (PPP) May 7 - AICPA TV 15:25 - SBA halts nearly all new applications for its disaster loan program and caps loan amounts - The Washington Post 19:42 - Fintechs hope PPP performance will lead to expanded role with SBA - American Banker 24:44 - The accounting profession and the coronavirus: The crisis in numbers - Accounting Today 35:14 - AICPA delays effective dates of ethics rules due to coronavirus - Accounting Today 35:51 - AICPA supports bill that would make PPP-funded expenses deductible - Journal of Accountancy 36:58 - COVID-19 roundup: Shopify becomes Canada’s most valuable public company - The Logic 38:07 - Rootworks Now a Part of Right Networks Due to Purchase - AccountingWEB 40:56 - Sage announces new updates to small business cloud accounting solution - Digi-Key Electronics 41:58 - Transforming Sage Intacct Advantage 2020 - Sage Intacct 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 Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds ClientHub: https://clienthub.app JetPack Workflow: http://jetpackworkflow.com/freetemplates Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript Are you struggling to free up time for client advisory work? Is scope creep hurting your fixed-pricing model? Are your quality-control processes lacking? Is your staff stuck in a never-ending monthly close process? Ever wish you had a genie that could help you out? Stay tuned to hear more from our sponsor, SmartBooks Genie, later in the episode. ...

May 3, 2020

Sponsors Justworks: https://cloudaccountingpodcast.promo/justworks AccountingSuite: https://cloudaccountingpodcast.promo/asuite BQE Core: http://cloudaccountingpodcast.promo/core Show Notes 03:34 - Get Down with PPP - YouTube 06:24 - Bankers Rebuke S.B.A. as Loan System Crashes in Flood of Applications - NYTimes 08:08 - SBA, Treasury ban use of RPA to submit PPP loans - Journal of Accountancy 09:03 - Mnuchin sends top deputy to fix small-business loan mess - Politico 09:46 - Steven Mnuchin goes after private schools with big endowments - Twitter 12:00 - Update: Latest in regulations and government changes prompted by COVID-19 - Armanino 12:40 - Mnuchin: All PPP Loan Recipients Will Face Audits - PYMNTS.com Justice Department investigating possible PPP application fraud - CNBC 13:56 - IRS: Companies who receive PPP loans will not qualify for tax deductions - The Hill 17:32 - Hotelier’s Push for $126 Million in Small-Business Aid Draws Scrutiny - NYTimes 21:47 - Gene Marks says blame banks and big businesses: Shake Shack handed back its $10m loan. But that's no reason to applaud | Gene Marks - The Guardian America's big banks should be ashamed of themselves - The Hill 25:17 - AICPA makes PPP loan forgiveness recommendations - Journal of Accountancy 25:53 - AICPA challenging nondeductibility of PPP-related expenses - Journal of Accountancy 28:05 - SMBSNew Data: Separating The PPP Haves, Have Nots and Don’t Wants - PYMNTS.com 28:40 - More PPP Discussion from Episode 172 29:00 - PPP Is No Panacea, But Is Crucial To SMB Outlook - PYMNTS 31:48 - Fed Turns To Banks For Feedback On Main Street Lending Program - PYMNTS.com 35:00 - BREAKING NEWS: Windows Update Causing QuickBooks to Crash - Insightful Accountant 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 Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Hector Garcia - How to Make Video Tutorials: http://www.hectorgarcia.com/tutorial ClientHub: https://clienthub.app Accounting Salon - SALONv: https://accountingsalon.com/ Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript Wouldn't it be great if your small business clients could offer big company benefits to their employees, plus automated payroll, compliance support and HR tools? By using Justworks, you can offer these four essential services to your clients via one simple platform. Stay tuned to hear more from our sponsor, Justworks, later in the episode. [00:01:13] PPP, how can I explain it? I hope you will obtain it. If you listen, I will show you how to claim it. It's a program that they made for a virus called Corona. They give you free money 'cause you gotta stay at homa. The first P's for Paycheck. You may think you know what that is. Boss gives you moolah, shekels, lettuce, scratch, or cabbage. That part is true, but what if you are self-employed? Profit counts as payroll, so your biz don’t get destroyed. The other P’s Protection,...

Apr 29, 2020

Purchase Controller's Code: The Secret Formula to a Successful Career in Finance on Kindle: https://www.amazon.com/dp/B0872JRBF4/ref=cm_sw_r_tw_dp_U_x_n.pPEbHQAPR1P Connect With … Mike Whitmire on Linkedin: https://www.linkedin.com/in/michaelcwhitmire/ FloQast on the web: https://floqast.com/ 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 Reviews4Good Right now, when you visit us on Podchaser , and interact, Podchaser is donating 25 cents per review - and 25 cents every time we respond to a review - to the Meals on Wheels America COVID-19 Response Fund. Pay us a visit on Podchaser , and do some good at the same time! EXTENDED to April 30! For more information, go here: https://www.podchaser.com/articles/community/reviews-for-charity Need Accounting Conference Info? Check out our new website - accountingconferences.com Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Transcript Mike Whitmire: [00:00:02] If I had asked for something already, and I had to go back and ask for it - it was the second or third time - I would generally go the puppy-dog-eyes route and just look worn down and look terrible and just be like, "Hey, I'm really ... I'm exhausted. I was just trying to get the stuff done. Would you mind sending it over so I can go home a little bit earlier tonight?" That pity approach worked every time. It was beautiful. So, if you're an auditor, if someone's not getting you stuff, instead of getting mad about it, and trying to get angry about it, and make them do it, just be pathetic; then they'll help you out. Blake Oliver: [00:00:40] Welcome to The Cloud Accounting Podcast. I'm Blake Oliver. David Leary: [00:00:44] And I'm David Leary. Mike Whitmire: [00:00:45] And I'm Mike Whitmire, co-founder, and CEO of FloQast. Blake Oliver: [00:00:47] Mike, thanks so much for joining us. Really excited to have you here. David, I don't know, have you ever met Mike at any these conferences we've been at? David Leary: [00:00:55] I don't think so. I think maybe when we went to Sage's Intacct, I think the FloQast team was there, but I don't know if he was there, or maybe he was, and you pointed at him from far away. Mike Whitmire: [00:01:04] Yeah. That conference has gotten wild for FloQast, and for me, as well, so I wouldn't be too shocked if I was just running around. Blake Oliver: [00:01:11] So, David, Mike is the CEO at FloQast, a developer of close-management software, where I had the privilege of working for a couple of years before my current gig. He started his career as an auditor at Ernst & Young, made it to Senior, and then left to join Cornerstone OnDemand, a year before they IPOed. So, went through that whole IPO process as an in-house accountant and then spent, I think it was, three years there, Mike? Then you went off to start FloQast? Is that right? Mike Whitmire: [00:01:43] Yep. Yeah, just about three years. Blake Oliver: [00:01:46] I wanna learn more about that; talk about that. But first, given everything that's going on, how's it going? How are you doing? Mike Whitmire: [00:01:54] Doing well. For those of you listening in the future, we are currently quarantined as a result of COVID-19. I think we're, what, six weeks into this quarantine now? Time's kind of blurring together. It's getting tough. But, yeah, it's been really nice, obviously, with all the tools we have available to us now, the transition to the company working from home wasn't the craziest thing in the world. [00:02:18] I think the bigger one is, obviously, you look across what's going on in the world, and the economic impact is top of mind for me, running the business. Then, also, the impact this is having on people just emotionally, and mentally, you can tell it's kinda starting to catch up to people. In a lot of the conversations I've been having, that's been a pretty top-of-mind item, right now. [00:02:38] Fortunately, for us, we haven't had to make drastic decisions, like do big layoffs, or anything like that. We were lucky enough to have closed our Series C round of about 40 million bucks just two months before all of this started falling apart, so I feel really fortunate that we're in a position where we don't have to do aggressive layoffs or anything like that, like a lot of other companies are looking at. Blake Oliver: [00:03:01] How is that going, transitioning to remote? Because I recall, when I was working at FloQast, everybody was in the office together in L.A., which was really nice in a lotta ways. Mike Whitmire: [00:03:12] Yeah, the founders, and I, we're big proponents of being in the office. I think, just first and foremost, we just enjoy it. We enjoy being around the people, and we do see the benefits of being near each other. But I think because of the type of company we are - we're a SaaS company - we're very open to technology; we have purchased a ton of software over the years, we were almost ready to go to work from home. So, from a tech perspective, there really was no transition. We just flipped the switch, and everyone was able to still do their job. [00:03:42] I think the bigger one was it was adjusting culturally. It's just very- it's very different. I think the group that I was most c...

Apr 27, 2020

Sponsors Bill.com: https://cloudaccountingpodcast.promo/bill AccountingSuite: https://cloudaccountingpodcast.promo/asuite BQE Core: http://cloudaccountingpodcast.promo/core Links 03:45 - I’ll be right back. How to protect your energy during Zoom meetings - Fast Company 06:03 - The Best Wi-Fi Mesh-Networking Kits - The Wirecutter Google Wifi - Google 08:06 - Impact of COVID-19: State of Accountants Report - SmartVault Survey Shows Impact of COVID-19 on the Accounting Profession - CPA Practice Advisor 22:25 - Banks Gave Richest Clients ‘Concierge Treatment’ for Pandemic Aid - NYTimes 23:55 - Public Companies Receiving SBA PPP Loans Under the CARES Act - FactSquared 31:56 - She got a forgivable loan. Her employees hate her for it. - CNBC 32:05 - Opinion | Our Restaurants Can’t Reopen Until August - WSJ 33:48 - Millions of People Face Stimulus Check Delays for a Strange Reason: They Are Poor - Apple News 35:57 - China Rolls Out Pilot Test of Digital Currency - WSJ 36:15 - How the pandemic makes the case for a “public Venmo” - MIT Technology Review 40:04 - SBA data breach could be worrying sign of things to come - Business Insider 41:35 - IRS braces for onslaught of coronavirus stimulus scams - Accounting Today 41:58 - Scammers are using fake coronavirus stimulus payment sites to steal your money - CNBC 45:32 - COVID-19 Bookkeeping Part 1: How to Properly Record PPP Loans and Spending - AccountingWEB 45:58 - Google Sheets PPP tracking templates from listeners: Jacob Schroeder his firm Ascend Consulting: https://twitter.com/JacobBSchroeder/status/1252307888552452098 Mathew May of Acuity: https://twitter.com/Acuity_co/status/1253439569149734919 49:32 - What's happening to my Expensify bill? - Expensify Community 55:24 - Art of Accounting: Deciding who to let go - Accounting Today 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. Reviews4Good Right now, when you visit us on Podchaser , and interact, Podchaser is donating 25 cents per review - and 25 cents every time we respond to a review - to the Meals on Wheels America COVID-19 Response Fund. Pay us a visit on Podchaser , and do some good at the same time! EXTENDED to April 30! For more information, go here: https://www.podchaser.com/articles/community/reviews-for-charity 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 Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Cloud Accounting Summit presented by Jetpack Workflow - https://go.jetpackworkflow.com/cloudaccountingsummit/ Hector Garcia - How to Make Video Tutorials: http://www.hectorgarcia.com/tutorial ClientHub: https://clienthub.app Accounting Salon - SALONv: https://accountingsalon.com/ Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript Clients are looking for trusted advice and a sense of stability as they navigate the new normal, and by using Bill.com, accounting firms can free up more time for valuable strategic advisory services by helping clients shift their accounts-payable process online. Stay tuned t...

Apr 19, 2020

Sponsors SmartBooks Genie: https://cloudaccountingpodcast.promo/genie AccountingSuite: https://cloudaccountingpodcast.promo/asuite BQE Core: http://cloudaccountingpodcast.promo/core Show Notes 03:09 - SBA Paycheck Protection Program Report https://www.sba.gov/document/report--paycheck-protection-program-report - SBA 05:14 - Paycheck Protection Program Stats https://pppstats.info/ COVID Loan Tracker https://www.covidloantracker.com 06:17 - According to the JPMorgan Chase Institute, about half of all small businesses have a cash safety net worth less than 15 days. https://institute.jpmorganchase.com/institute/research/small-business/small-business-cash-liquidity-in-25-metro-areas - JPMorgan Chase 07:31 - Marco Rubio on Chase, via Twitter https://twitter.com/marcorubio/status/1250122282703433733 - Twitter 15:15 - Full interview with Alan Rosen on The Path Forward https://www.youtube.com/watch?v=f6XLyeX8-Mw&feature=share - YouTube 19:26 - Finance app use spies with pandemic https://bankinnovation.net/allposts/biz-lines/retail/finance-app-use-spikes-with-pandemic/ - Bank Innovation 20:40 - SBA Paycheck Protection Program Report https://www.sba.gov/document/report--paycheck-protection-program-report - SBA 28:16 - Chart Shows which States Received the Most PPP Loans https://www.cpapracticeadvisor.com/small-business/news/21134380/chart-shows-which-states-received-the-most-ppp-loans - CPA Practice Advisor 29:12 - Millionaire White House economic adviser Larry Kudlow says his WIFE is getting a small-business bailout because she is an artist whose $20,000-a-portrait business is struggling https://www.dailymail.co.uk/news/article-8200647/Larry-Kudlow-says-WIFE-getting-small-business-bailout.html - Daily Mail 32:17 - The full episode with Sabrina Parsons, and Michael Ly - Navigating the SBA Paycheck Protection Program https://www.cloudaccountingpodcast.com/168 36:42 - Get My Payment – IRS stimulus-tracking tool https://www.irs.gov/coronavirus/get-my-payment - IRS.gov 41:29 - More on Accounting Firm Layoffs at Going Concern https://goingconcern.com/category/firm-watch/ 42:04 - Federal Reserve takes additional actions to provide up to $2.3 trillion in loans to support the economy https://www.federalreserve.gov/newsevents/pressreleases/monetary20200409a.htm - Federal Reserve 42:27 - Correction from Ep. 169: It was Bird, not Lime! Sorry! "It Felt Like a Black Mirror Episode' The Inside Account of How Bird Laid off 406 People in Two Minutes via a Zoom Webinar" https://dot.la/bird-layoffs-meeting-story-2645612465.html - dot.LA 43:01 - 8 Signs You are Going to be Laid off https://www.podbean.com/media/share/dir-tsq43-89a5438?utm_campaign=w_share_ep&utm_medium=dlink&utm_source=w_share - PodBean 44:19 Microsoft announces Money in Excel powered by Plaid https://blog.plaid.com/microsoft-announcement/ - Plaid 44:35 - Tiller Money https://www.tillerhq.com/how-tiller-works/ 48:09 What if No one Pays Rent? https://www.npr.org/2020/04/08/830237502/episode-989-what-if-no-one-pays-rent - NPR 55:03 David's List of Top 10 Cloud Accounting Podcast Episodes https://www.podchaser.com/lists/top-10-cloud-accounting-podcast-episodes-of-2019-107a4PkuTm - Podchaser 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. Reviews4Good Right now, when you visit us on Podchaser , and interact, Podchaser is donating 25 cents per review - and 25 cents every time we respond to a review - to the Meals on Wheels America COVID-19 Response Fund. Pay us a visit on Podchaser , and do some good at the same time! EXTENDED to April 30! For more information, go here: https://www.podchaser.com/articles/community/reviews-for-charity 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 Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast C...

Apr 11, 2020

Sponsors Relay Finacial: https://cloudaccountingpodcast.promo/relay ClockShark: https://cloudaccountingpodcast.promo/clockshark BQE Core: http://cloudaccountingpodcast.promo/core Links AICPA statements AICPA plan to use payroll processors [ press release update ] Fees on PPP loan prep [ press release ] Statements from the administration on PPP processing and/or disbursements: VP Pence on 4/7 saying 71B has been disbursed Kevin McCarthy on 4/8 on Fox News saying we got 70B out in two days and “this has been a very successful program when you look on every angle” Mnuchin said on 3/31 that “Treasury and the Small Business Administration expect to have this program up and running by April 3rd so that businesses can go to a participating SBA 7(a) lender, bank, or credit union, apply for a loan, and be approved on the same day .” Research According to the JPMorgan Chase Institute, about half of all small businesses have a cash safety net worth less than 15 days: https://institute.jpmorganchase.com/institute/research/small-business/small-business-cash-liquidity-in-25-metro-areas Connect With our Guests Erik Asgeirsson, CEO at CPA.com Mark Koziel, EVP of Firm Services at AICPA 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 Reviews4Good Right now, when you visit us on Podchaser , and interact, Podchaser is donating 25 cents per review - and 25 cents every time we respond to a review - to the Meals on Wheels America COVID-19 Response Fund. Pay us a visit on Podchaser , and do some good at the same time! EXTENDED to April 30! For more information, go here: https://www.podchaser.com/articles/community/reviews-for-charity 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 Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Hector Garcia - How to Make Video Tutorials: http://www.hectorgarcia.com/tutorial ClientHub: https://clienthub.app Accounting Salon - SALONv: https://accountingsalon.com/ Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript Due to the COVID-19 pandemic, it's likely that almost all the banks in your area are closed, blocking you from opening any new accounts for your clients. Wouldn't it be great if you could open a new business bank account, 100-percent online, without having to go to a physical bank branch? Stay tuned to hear more from our sponsor, Relay Financial, later in the episode. Erik Asgeirsson: [00:00:20] Your poll is absolutely accurate. If, actually, you'd asked me what percentage, I would've guessed below five percent because I think it probably is below five percent, right now. There's very few banks that have started distributing funds. There are some that have ... ____________________ This episode of The Cloud Accounting Podcast is sponsored by ClockShark. Back in October of 2013, I became ClockShark's first Twitter follower. Today, ClockShark has grown into a highly rated and very-much-loved time-tracking app that is now used by over 5,000 small businesses globally. With features like crew tracking, scheduling, overtime notifications, routes, geofencing locations, job costing, budgeting, and reporting, ClockShark has built a robust mobile time-tracking app to handle the unique challenges that face your mobile workforce clients. Their technology has been helpful as their clients work through the COVID-19 pandemic. Your clients will need accurate records of their expenses, and losses, and technology like ClockShark helps. With ClockShark, your clients can keep accurate records, like paid time off, and other important data to provide the necessary proof for CARES, and FFCRA Acts' benefits. This lets them get straight back to work without too much disruption after the pandemic has passed. ClockShark's standard plan is just $6 a month per employee. Head over to cloudaccountingpodcast.promo/clockshark. That is Cloud Accounting Podcast dot promo forward slash C-L-O-C-K-S-H-A-R-K. ____________________ This episode of The Cloud Accounting Podcast is sponsored by BQE Core. As firms everywhere are positioning themselves to work remotely, BQE Software is committed to supporting you and your employees during this critical time. BQE's Cor...

Apr 7, 2020

Get to Know Heather Smith Heather Smith Cloud Stories Podcast 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. Reviews4Good Right now, when you visit us on Podchaser , and interact, Podchaser is donating 25 cents per review - and 25 cents every time we respond to a review - to the Meals on Wheels America COVID-19 Response Fund. Pay us a visit on Podchaser , and do some good at the same time! EXTENDED to April 30! For more information, go here: https://www.podchaser.com/articles/community/reviews-for-charity Need Accounting Conference Info? Check out our new website - accountingconferences.com Limited edition shirts, stickers, and other necessities TeePublic Store: h ttp://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript Blake Oliver: [00:00:04] Hey, everybody, Blake, here. Last month, David and I put out a call to all of our listeners to give us a call. We set up a Google Voice number that you could dial and leave a message. One of my favorite people, Heather Smith, heard that and sent us a message. So, the following is an update from Heather Smith on the state of COVID-19, down in Australia. She's based in Brisbane. Heather is the host of the popular podcast, Cloud Stories. So, if you haven't subscribed, definitely check that out. Search 'Cloud Stories, Heather Smith,' and give it a listen! I hope you enjoy this update from Heather Smith. If you want to leave us a message, you can dial us. Call (202) 695-1040 and leave a message. We'll take a listen, and maybe we'll even play it on the air. Now, over to Heather Smith. Heather Smith: [00:01:05] Hey, Blake, David, and The Cloud Accounting Podcast listeners, it's Heather Smith, here. I'm dialing in from Brisbane, Australia. For us here in Australia, COVID-19 is coming off the back of the unimaginably terrible bushfires. We had over 11,000 bushfires burning 5.4 million hectares of land, killing over a billion animals. As a country, Australians were quite frazzled, recovering from these bushfires, when the coronavirus started emerging. [00:01:33] Here are some snippets about what's been happening here. There have been measures limiting interaction, which have gradually become more restrictive through the month of March. From midnight tonight, 30th of March, indoor and outdoor meetings are limited to two people, with some exceptions, and on-the-spot fines enforcing them. Plus, many states have closed their borders. Federal Parliament has passed two packages worth over $17 billion in a response to the outbreak of the virus; plus, individual states have been announcing their own packages. [00:02:06] Some of these stimulus packages are tied into what the business will report to the tax office, so what they will report; not what they have, what they will report. So, they're somewhat open to manipulation. In simple terms, the higher the payroll reported, the higher the stimulus received. While I'm sure anomalies will be investigated, you can imagine businesses are trying to optimize the outcome. There'll be a moratorium on renters being evicted for the next six months. They're also looking at that for commercial renters, too. Unfortunately, lots of staff are being laid off. Qantas laid off 20,000 people. Virgin Australia laid off 8,000 people. [00:02:47] Though, as we head into lockdown, it's not all doom and gloom. The buzz word seems to be 'pivot.' Retail shops are closing down, though notably, weirdly, this has not actually been enforced by government. But they are closing down, and they're pivoting towards online sales. Cafes are pivoting to offer takeaway meal packs, and cafe owners have told me- some of them have told me they've never been as busy as they are now. Butchers have told me the last two weeks of sales have been equivalent to a year's worth of sales. [00:03:28] I also know of crocodile-spotting helicopter tours who have pivoted towards helping farmers muster their cattle. Also, some lovely news - our animal shelters have reported all animals have been fostered with three times the applications to available animals being submitted. That's our RSPCA, our Royal Society of Prevention of Cruelty to Animals. So, that's lovely. [00:03:58] Accountants and bookkeepers are trying their best to keep on top of news - what is fact? What's speculation? - while supporting clients as best they can, while the framework underneath them keeps shifting. They are exhausted. They are under a great deal of strain. They've been working very hard to try and support their clients. For me, like many modern accountants, I'm quite comfortable working entirely online. I've been proactively engaging in self-isolation since mid-March, entering my third week now. My family, too, are also working from home. [00:04:35] So, within my community, I know of more people who've committed or attempted to commit suicide in the last fortnight than who actually have coronavirus. I've been running an online community chat group, every afternoon at 4:00 p.m., for our community to come along, and decompress, and share their day. What I'd like to leave with, as well as the stay at home and be safe, please call, FaceTime, Zoom, or connect with everyone - your family, your friends, your neighbors, your business owners - and check that they're okay. Take care and remember to breathe! ____________&n...

Apr 6, 2020

Sponsors BREX: https://cloudaccountingpodcast.promo/brex ClockShark: https://cloudaccountingpodcast.promo/clockshark BQE Core: http://cloudaccountingpodcast.promo/core Show Notes 03:05 - Navigating the SBA Paycheck Protection Program https://www.cloudaccountingpodcast.com/168 04:20 - SBA Paycheck Protection Program https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp SBA issues details for Paycheck Protection Program loans https://www.journalofaccountancy.com/news/2020/apr/paycheck-protection-program-ppp-loans-sba-details-coronavirus.html - Journal of Accountancy 06:28 - Fun facts about PPP loan stats from Jovita Carranza, 26th Administrator of the SBA https://twitter.com/SBAJovita 11:01 - Some coronavirus stimulus checks may not arrive until September https://www.accountingtoday.com/articles/some-coronavirus-stimulus-checks-may-not-arrive-until-september Accounting Today 17:22 - Customers Fume as Wells Fargo, Bank of America Struggle with Stimulus Loan Rollout https://www.newsweek.com/customers-fume-wells-fargo-bank-america-struggle-stimulus-loan-rollout-1496097 Newsweek 17:57 - Marco Rubio scolds Bank of America, via tweet https://twitter.com/marcorubio/status/1246114718990979075 21:25 - SoftBank-Backed Lender Kabbage Cuts Off Businesses as Cash Needs Mount https://www.bloomberg.com/news/articles/2020-04-01/softbank-backed-lender-cuts-off-businesses-as-cash-needs-mount - Bloomberg Technology 23:44 - WeWork Asks Landlords to Help It Cut Its Rent Bill by Up to 30% https://www.bloomberg.com/news/articles/2020-04-01/wework-asks-landlords-to-help-it-cut-its-rent-bill-by-up-to-30 - Bloomberg Technology 25:30 - Companies Form #paytoday Coalition Encouraging Enterprises and Government Agencies to Pay Their Small Business Suppliers Today https://www.globenewswire.com/news-release/2020/03/31/2009086/0/en/Companies-Form-paytoday-Coalition-Encouraging-Enterprises-And-Government-Agencies-To-Pay-Their-Small-Business-Suppliers-Today.html - GlobeNewswire #PayToday https://paytoday.club 26:07 - Small Business Relief Initiative: QuickBooks and GoFundMe combine forces https://quickbooks.intuit.com/small-business/coronavirus/ 26:25 Intuit announced updated resources for U.S. firms and their clients https://intuit.me/2JLAJai - Intuit 27:30 Going Concern's Layoff Watch '20 https://goingconcern.com/?s=Layoff+Watch+%E2%80%9920 28:21 BDO USA Is Cutting Everyone's Pay to Stave Off Layoffs https://goingconcern.com/bdo-cutting-pay-to-stave-off-layoffs/ - Going Concern 29:25 Goldman Says Recovery May Be Fastest In History https://www.pymnts.com/coronavirus/2020/goldman-says-recovery-could-be-the-fastest-in-history/ - PYMNTS 30:07 - Lime eyes layoffs as COVID-19 squeezes revenue https://www.bizjournals.com/sanfrancisco/news/2020/03/23/lime-eyes-layoffs-in-s-f-as-revenues-get-squeezed.html San Francisco Business Times 31:34 - David almost got phished! 33:39 IRS issues warning about coronavirus-related scams https://proconnect.intuit.com/taxprocenter/tax-law-and-news/irs-issues-warning-about-coronavirus-related-scams/ - Tax Pro Center - Intuit 33:49 Hospitals VPNs Targeted by Ransomware as COVID19 Takes its Toll https://www.infosecurity-magazine.com:443/news/hospitals-vpns-ransomware-covid19/ - Infosecurity Magazine 34:41 - Idaho, Mississippi, and Virginia are the Holdouts on July 15 Tax Deadlines https://taxfoundation.org/idaho-mississippi-virginia-tax-deadline/ - Tax Foundation 36:58 - AICPA Calls on Accounting Profession to Support Rollout of Small Business Relief Program https://finance.yahoo.com/news/aicpa-calls-accounting-profession-support-164500760.html - Yahoo! Finance 40:40 - Feed our egos, and help feed people in need at the same time! https://www.podchaser.com/podcasts/cloud-accounting-podcast-588480 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. Reviews4Good Right now, when you visit us on Podchaser , and interact, Podchaser is donating 25 cents per review - and 25 cents every time we respond to a review - to the Meals on Wheels America COVID-19 Response Fund. Pay us a visit on

Apr 3, 2020

Sponsors Melio Payments: https://cloudaccountingpodcast.promo/melio Jirav: https://cloudaccountingpodcast.promo/jirav Show Notes https://www.sba.gov/funding-programs/loans/covid-19-relief-options https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp Connect with Michael and Sabrina Michael Ly, Founder/CEO of Reconciled Website: https://getreconciled.co/ LinkedIn: https://www.linkedin.com/in/michaelly/ Twitter: https://twitter.com/michael_ly_ Facebook: https://www.facebook.com/burlingtoncfo Sabrina Parsons, CEO of Palo Alto Software and Board Member of Oregon Pacific Bank Website: https://www.opbc.com/ LinkedIn: https://www.linkedin.com/in/sabrinaparsons Twitter: @mommyceo 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 Meet Blake and David in person! No current appearances planned. Need Accounting Conference Info? Check out our new website - accountingconferences.com Limited edition shirts, stickers, and other necessities TeePublic Store: h ttp://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript Michael Ly: [00:00:03] One of the things I'm telling clients is this is not a growth loan; this is not a VC, or private equity fund investment; this is not angel funding. The intention of this loan- the intention of these loans is to keep people on payroll. ____________ This episode of The Cloud Accounting Podcast is sponsored by Melio Payments. Do you have clients that are logging into their bank website to manually pay their bills or, even worse, clients that are still handwriting paper checks because the alternatives are either too complicated, or too expensive? You need to introduce them to Melio Payments. Melio Payments is easy-to-use B2B payments and receivables. Think Venmo, PayPal, or Zelle but for small businesses. Melio is an app that all small businesses are capable of using, regardless of size, shape, or budget. By using Melio, your clients can pay their bills easier than using their bank website, and you get the process and controls you need, like support for multiple users, approvals, and two-way syncing with QuickBooks Online. Melio can also help your clients improve their cash flow by allowing them to pay their bills using their business credit cards to take advantage of up to a 45-day float until their next credit card billing cycle. Now, paying the rent can lead to earning those credit card points your clients love. To learn more about Melio Payments, and to get your very own Melio.me link that you can use to receive payments from your business clients, head over to cloudaccountingpodcast.promo/melio. That is Cloud Accounting Podcast dot promo forward slash M-E-L-I-O. ____________ Blake Oliver: [00:01:29] Welcome to The Cloud Accounting Podcast. I'm Blake Oliver. David Leary: [00:01:32] And I'm David Leary. Michael Ly: [00:01:34] And I'm Michael Ly. Sabrina Parsons: [00:01:35] And I'm Sabrina Parsons. David Leary: [00:01:37] Blake, I've got special guests for us tonight. Blake Oliver: [00:01:40] I am so excited, David! Thank you so much for setting this up. David Leary: [00:01:43] There's lots of questions on what the programs rolling out from the SBA are. Even me, as a small business owner, I don't know what the answers are. I'm trying to navigate them myself. So, I brought on an accountant/bookkeeper, Michael Ly, who is advising hundreds of his clients, probably, on how to navigate this process; and then Sabrina Parsons, who's been on the podcast before. She actually is on the board of directors at a bank, and Sabrina has inside tracks with the SBA, and the SBDC, so she can kind of give us, like what's happening behind the scenes during this process, as well. With that said, Michael, and Sabrina, if you guys wanted to jump in and maybe say hi? Michael Ly: [00:02:19] Yes, hi. Thanks, David and Blake, for having us; for having me and for having both of us. David, yeah, your situation is very similar to many millions of other small business owners across the country. Sabrina Parsons: [00:02:31] Yeah, thank you. I'm really happy to be back with you guys, Blake and David. The last time we were together, we were actually at a conference, which seems so far away and so foreign now, since we're not allowed to ever do that in person for I don't know how long. So, I'm glad to be talking to you guys in some way or another, and I'm really glad to be doing this content today because the number of small businesses in the United States, right now, that are struggling is staggering. But there are some programs that can help them, and these programs are very difficult to wade through and figure out what...

Mar 30, 2020

Sponsors BREX: https://cloudaccountingpodcast.promo/brex Minute7: https://cloudaccountingpodcast.promo/minute7 OnPay: http://cloudaccountingpodcast.promo/onpay Show Notes 04:11 - Forecasting the Economic Impact of COVID-19 06:55 - Kinsa Wi-Fi Thermometers On-Demand Webinar: Forecasting the Economic Impact of COVID-19 - Jirav 08:26 - Experts Say The Coronavirus Outlook Has Worsened, But The Trajectory Is Still Unclear - FiveThirtyEight 11:16 - Billionaires Want People Back to Work. Employees Aren’t So Sure - Bloomberg 13:11 - Intuit, CPAs Want SMB Relief Via Payroll Processors - PYMNTS.com 16:32 - Coronavirus stimulus checks will come within three weeks, Mnuchin says - CNBC 17:01 - Virus payments from IRS may take months, not weeks, to hit bank accounts - Accounting Today 17:52 - IRS closes Practitioner Priority Service and e-Services Help Desk due to coronavirus - Accounting Today 20:56 - COVID-19 Resources for Accountants Coronavirus (COVID-19) Resource Center - AICPA COVID-19 Small Business Resource Hub - Gusto 26:07 - IRS releases guidance on tax deadline postponement for coronavirus - Accounting Today 26:45 - AICPA asks IRS for wider tax relief amid coronavirus - Accounting Today 28:04 - Boston area CPA still making house calls - Twitter 29:07 - PCAOB grants auditors 45-day relief period from inspections - Compliance Week 29:28 - Wells Fargo Cancels Ex-CEO's $15M Stock Award - CFO 31:16 - How Accountants and Bookkeepers can help their Small Business Clients Navigate through COVID-19 - LinkedIn 32:57 - Ignore these horrific-sounding economic numbers - Yahoo! Finance 36:01 - COVID-19 CFO Pulse Survey : PwC 41:12 - Revolut launches its neobank in the US - TechCrunch 44:59 - Square will open its first bank — in Utah 45:47 - Coronavirus Stimulus Offered By House Financial Services Committee Creates New Digital Dollar - Forbes 46:12 - How a Flurry of 'Digital Dollar' Proposals Made It to Congress - CoinDesk 48:41 - Robinhood Apologizes To Users For Outages - PYMNTS.com 49:42 - Microsoft claims ‘inflection point’ for remote work as Teams surges to 44 million daily active users - Computerworld 52:10 - The Best Hair Clippers for Home Use for 2020 - The Wirecutter 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 Meet Blake and David in person! No current appearances planned. 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 Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript Right now, Brex is offering approved accounting partners the ability to offer their clients a $1,00...

Mar 21, 2020

Sponsors Bill.com: https://cloudaccountingpodcast.promo/bill ClockShark: https://cloudaccountingpodcast.promo/clockshark OnPay: http://cloudaccountingpodcast.promo/onpay Show Notes 24:54 - Senator Dumped Up to $1.7 Million of Stock After Reassuring Public About Coronavirus Preparedness 26:38 - Some webinars re: Food Service and Accounting During This Crisis Five Crisis Numbers for Food & Bev - YouTube Now What? Business Ops Guide for Restaurants 03 18 2020 - YouTube 29:24 - Planning for the Coronavirus Recession - CPA Trendlines 32:34 - FYI, CPA Exam Candidates, COVID-19 Just Killed Prometric - Going Concern 34:35 - Tracker: These Public Accounting Firms Are In Mandatory Work-From-Home Mode - Going Concern 39:36 - How to (and not to) write an email about COVID-19 to your clients - The Profitable Firm 43:23 - Find Kelly's Forbes contributions here - Forbes.com Connect with Kelly Phillips Erb Twitter: @taxgirl LinkedIn: Kelly (Taxgirl) Phillips Erb Website: Taxgirl.com 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 ! Need Accounting Conference Info? Check out our new website - accountingconferences.com Limited edition shirts, stickers, and other necessities TeePublic Store: h ttp://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds High Rock Accounting: careers@highrock.co Bookkeeping Side Hustle: www.BookkeepingSideHustle.com/bookkeeping-guidebook Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Transcript Did you know that you could use AP automation as an entry point to offering client accounting services? A successful transformation from clunky manual processes to automated processes can lead to your clients wanting even more of the services your firm can provide. Stay tuned to hear more from our sponsor, Bill.com, later in the episode. Kelly Phillips Erb: [00:00:21] What the bill does is it expands the eligibility for small businesses, meaning those that are under 500 employees to receive loans under the Small Business Act. These loans are specifically targeted for folks who are affected by the virus, and they can be used for payroll ... ____________________ This episode of The Cloud Accounting Podcast is sponsored by ClockShark. Way back in October of 2013, I became ClockShark's very first Twitter follower. Today, ClockShark has grown into a highly rated and very-much-loved time-tracking app that is now used by over 5,000 small businesses. With features like crew tracking, scheduling, overtime notifications, routes, geofencing locations, job costing, budgeting, and reporting, the ClockShark team has built a robust mobile time-tracking app to handle the unique that face your clients who have mobile workforces. By using ClockShark, you and your clients will be confident that their time-tracking data is correct and perfectly synced with their QuickBooks, or ADP, allowing payroll to be on time, and accurate. While other time-tracking apps are charging as much as $8 or more per month, per employee, ClockShark offers ClockShark Standard Plan for just $6 a month, per employee. Head over to cloudaccountingpodcast.promo/clockshark. That is Cloud Accounting Podcast dot promo forward slash C-L-O-C-K-S-H-A-R-K. ____________________ This episode of The Cloud Accounting Podcast is sponsored by OnPay. Many times when choosing a payroll service, you have to choose between a new startup with a great app, or an established company whose tech may feel behind the times. With OnPay, you get the best of both worlds - a great app from the established company that has been providing payroll services for over 30 years in all 50 states. OnPay is an easy-to-use full-service payroll that's the right fit for all your clients, whether they have just one or 500 employees. They handle all the complicated stuff, like agricultural payrolls, Form 943, multi-state, and H-2A visas. OnPay even makes it easy to switch from other payroll services by doing all the data entry for each client that you set up. Right now, Cloud Accounting Podcast listeners can get three free months of OnPay payroll service. To learn more, head over to cloudaccountingpodcast.promo/onpay. That is Cloud Accounting Podcast dot promo forward slash O-N-P-A-Y. ____________________ Blake Oliver: [00:02:20] Welcome to The Cloud Accounting Podcast. I'm Blake Oliver. David Leary: [00:02:23] And I'm David Leary. Kelly Phillips Erb: [00:02:24] An...

Mar 18, 2020

Sponsors SmartBooks Genie: https://cloudaccountingpodcast.promo/genie ClockShark: https://cloudaccountingpodcast.promo/clockshark OnPay: http://cloudaccountingpodcast.promo/onpay Show Notes 02:49 - Practice Ignition's Top 50 Women in Accounting 2019 - Practice Ignition 03:42 - IRS Facing Union Pressure to Take More Coronavirus Precautions - Bloomberg 05:32 - Last week's discussion re: AICPA tax-deadline extension 07:42 - Coronavirus Is a Preview of Our Self-Isolating Future - Medium 09:51 - Carl Icahn’s biggest short? Commercial real estate - The Real Deal 10:56 - The Coronavirus Is Creating a Huge, Stressful Experiment in Working From Home - The Atlantic 13:30 - Tech Tools for Working through the Coronavirus - CPA Trendlines 20:17 - TurboTax phishing scam with Excel attachment makes the rounds - Accounting Today 21:13 - The Monster Lurking in Hidden Excel Worksheet - Trustwave 21:34 - Microsoft Human-operated ransomware attacks: A preventable disaster - Microsoft 23:37 - Billionaires like Jeff Bezos use the same phone you do — and that makes them very, very hackable - Business Insider 25:46 - For GE, Dropping KPMG Won’t Be Easy - Wall Street Journal 31:48 - Amid shifting industry, college accounting programs add technology, data analytics courses - Hartford Business 32:40 How Much Does a CPA Make? - Divvy 34:05 - Three common challenges (and three solutions!) for women in the profession - AICPA Insights 36:38 - Wells Fargo Chairman Elizabeth Duke Resigns - Wall Street Journal 39:53 - Amazon Opens Cashierless Supermarket in Latest Push to Sell Food - Wall Street Journal Amazon is opening its first full-size, cashierless grocery store. Here's a first look inside - CNBC 43:18 - Delaware Lawmakers Eye Ban on Cashless Stores - U.S. News 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 ! Meet Blake and David in person! May 31 - June 3, 2020: BQE Succeed - Encore at Wynn Las Vegas 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 Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds High Rock Accounting: careers@highrock.co Bookkeeping Side Hustle: www.BookkeepingSideHustle.com/bookkeeping-guidebook Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Mar 14, 2020

Sponsors Melio Payments: https://cloudaccountingpodcast.promo/melio Jirav: https://cloudaccountingpodcast.promo/jirav Show Notes 03:15 - Oracle NetSuite postpones Las Vegas conference amid virus concerns - Review Journal 06:41 - A simple model for forecasting the impact of coronavirus and controls - Jirav 07:18 - Coronavirus: The Case for Canceling Everything - The Atlantic 09:08 - Companies encouraging remote work and travel bans due to coronavirus - Business Insider 11:51 - AICPA Calls for Tax Filing Relief Amid Coronavirus Pandemic 16:24 - TikTok: TikTok-maker is launching Google-like work tools during coronavirus outbreak - The Economic Times 17:52 - Coronavirus prompts Microsoft, Google, and Zoom to offer free software - Vox 18:53 - CPA business executives worried about coronavirus - Accounting Today 19:16 - Conditional coronavirus relief provided by SEC - Journal of Accountancy 20:10 - Trump tells GOP he wants payroll tax waived through election - Accounting Today 20:46 - Trump calls for deferral of tax payments from coronavirus victims - Accounting Today 24:35 - Coronavirus: Italy to suspend mortgage payments amid outbreak - BBC 26:34 - Bitcoin is also having a very, very bad day - TechCrunch 27:41 - Calming clients' fears during the coronavirus outbreak - Journal of Accountancy 28:50 - Coronavirus: The Black Swan of 2020 - Sequoia Capital Publication - Medium 33:58 - David Leary on Twitter “I'm guessing they could probably map out who is going to show signs of being infected next…” - Twitter 34:17 - Coronavirus outbreak: How Facebook, Twitter, YouTube, and TikTok are dealing with hoaxes - Vox 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 ! Meet Blake and David in person! May 31 - June 3, 2020: BQE Succeed - Encore at Wynn Las Vegas Need Accounting Conference Info? Check out our new website - accountingconferences.com Limited edition shirts, stickers, and other necessities TeePublic Store: h ttp://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Mar 9, 2020

Sponsors BooksTime: https://cloudaccountingpodcast.promo/bookstime ClockShark: https://cloudaccountingpodcast.promo/clockshark BQE Succeed: https://cloudaccountingpodcast.promo/bqesucceed Show Notes 03:16 - What companies are disclosing about coronavirus risks - Journal of Accountancy 05:38 - Wells Fargo Fined $3B Over Fake-Accounts Scandal - CFO 06:43 - House Report Says Wells Fargo Continues to 'Abuse' Customers - CFO 08:07 - 'Shark Tank' judge Barbara Corcoran gets her $400,000 back from scammers - CNN 09:22 - LendingClub buys Radius Bank for $185 million in first fintech takeover of a regulated US bank - CNBC 10:56 - Robinhood Outage Extends Into Second Day - CFO 13:58 - Are Banks Afraid of Payment and Money Transfer Apps? - CPA Practice Advisor 15:01 - NetSuite 2020 Release 1 Delivers Automation, Integration and Insight Enhancements that Will Enable Businesses to Grow - NetSuite Blog 17:56 - Sage Exits Latin America With £1M Deal - PYMNTS.com 20:02 - $75M legal startup Atrium shuts down, lays off 100 – TechCrunch 24:56 - Deloitte introduces VR platform for relocating staff | Accounting Today 26:19 - QuickBooks Connect London is cancelled 28:26 - Mnuchin directs IRS to boost audits on wealthy - Politico 30:40 - Opinion | No Need for a PCAOB If Auditing Conflicts Are Eliminated - WSJ 33:36 - Suspected Casino Ransomware Attack: Officials Investigating - CBR Online 34:47 - Why women leave firms — and what we can do about it - Journal of Accountancy 37:46 - My Sexual Harassment Experience at PwC - Reddit 40:03 - Remote work options can boost gender diversity: AICPA survey - Accounting Today 41:30 - We received our first ever Cloud Accounting Podcast voicemail! 42:42 - Feedback on last week's question - What should Intuit have bought with that $7 billion? 43:43 - I'm joining the Melio faMelio - David Leary on LinkedIn 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 ! Meet Blake and David in person! May 31 - June 3, 2020: BQE Succeed - Encore at Wynn Las Vegas 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 Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds High Rock Accounting: careers@highrock.co Elefant: https://elefanttraining.com Bookkeeping Side Hustle: www.BookkeepingSideHustle.com/bookkeeping-guidebook Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Mar 3, 2020

Sponsors ClockShark: https://cloudaccountingpodcast.promo/clockshark Splashtop: https://cloudaccountingpodcast.promo/splashtop BQE Succeed: https://cloudaccountingpodcast.promo/bqesucceed Show Notes 02:57 Shark Tank host Barbara Corcoran loses $400,000 in a scam - CNN 04:55 Email Scammers are Savvier, and More Successful than Ever - WSJ 07:51 Los Angeles is now the least affordable housing market - Housing Wire 10:59 SEC and PCAOB offer potential relief for audit firms in China amid coronavirus - Accounting Today 11:49 Under Armour is Investigated for Accounting Fraud - Yahoo! Finance 12:58 Intuit confirms that it is buying Credit Karma for $7.1B in cash and stock – TechCrunch 13:23 TurboTax's Bid to Buy Free Tax Prep Competitor Might Violate Antitrust Law, Experts Say - ProPublica 15:01 With Credit Karma, Intuit to boost personalization - Bank Innovation 16:02 How to Cancel Your Credit Karma Account If You Hate the Intuit Acquisition - Wirecutter 22:54 Intuit Corp (INTU) Q2 2020 Earnings Call Transcript - The Motley Fool 26:12 Intuit ProConnect and Karbon Ink Practice Management Partnership - AccountingWEB 28:05 Fintech firm Revolut bags $500 million in funding round led by TCV - CNBC 29:35 Best Online Business Banking for 2020 - Quicksprout 31:43 What's new in QuickBooks Online: February 2020 - QuickBooks 33:04 Misty Megia steps down as global head of QuickBooks ProAdvisor Program - Accounting Today 34:05 Pilot.com Launches Three New Products That Reach Beyond Bookkeeping - oaoa.com 38:31 Drake Software Status - Drake 41:17 IRS quietly deletes guideline that Fortnite virtual currency must be reported on tax returns - CNN IRS backtracks on whether video game currencies are taxable - The Verge 45:29 AI Comes to the Tax Code - WSJ 47:55 Accounting profession leaders call for action against climate change - Journal of Accountancy 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 ! Meet Blake and David in person! May 31 - June 3, 2020: BQE Succeed - Encore at Wynn Las Vegas Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds High Rock Accounting: careers@highrock.co Elefant: https://elefanttraining.com Bookkeeping Side Hustle: www.BookkeepingSideHustle.com/bookkeeping-guidebook Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Feb 24, 2020

Sponsors Bill.com: https://cloudaccountingpodcast.promo/bill Timesheets.com: https://cloudaccountingpodcast.promo/timesheets BQE Succeed: https://cloudaccountingpodcast.promo/bqesucceed Show Notes 05:20 – Intuit Near Deal to Buy Credit Karma for $7 Billion - WSJ 08:39 – If you aren't paying for a product, you ARE the product 10:44 – More discussion on the IRS Free File flubs 11:19 – Tax-prep analyst sees more free filers hampering revenue growth - Accounting Today 15:26 – Nevada Democrats Say They’ll Replace Their Caucus App With iPads And A Google Form - FiveThirtyEight 18:15 – Bloomberg botches tax return question in Democratic debate: ‘I can’t go to TurboTax’ - CNBC 20:11 – Just in case you forgot: All People are Tax People – Washington Post 21:32 – Accounting rule Warren Buffett loathes boosts Berkshire's bottom line to $81B – Fox Business 26:17 – Hacking of Accounting Firm Affects Medical Group – Career Info Security 29:07 – Want to Be a CFO? Consider Some Numeric Body Art – CFO.com 32:14 – Tweet us your (accounting-related?) tatts 33:16 – Go here for more PCAOB discussion! 33:52 – Weakening the oversight of US auditing is a very bad idea – Financial Times Without an Independent Watchdog, Who Will Audit the Auditors? - WSJ 35:30 – How Accountants Took Washington’s Revolving Door to a Criminal Extreme – POGO 38:01 – Let's See What Some Folks Are Saying About the Proposal to Fold the PCAOB Into the SEC - Going Concern 39:39 – U.S. House Subcommittee Scrutinizes Accounting Rule Maker - WSJ 46:11 – Rippling starts billboard battle with Gusto – TechCrunch 50:45 – Client Hub Now Automates Resolving Unclassified Expenses – AccountingWEB 53:48 – QuickBooks Online: Evolution and innovation Updates 56:42 – Another satisfied listener! Thank you! 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 ! Meet Blake and David in person! May 31 - June 3, 2020: BQE Succeed - Encore at Wynn Las Vegas Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds High Rock Accounting: careers@highrock.co Elefant: https://elefanttraining.com FutureFirm.co: https://futurefirm.co/cloudaccounting/ Bookkeeping Side Hustle: www.BookkeepingSideHustle.com/bookkeeping-guidebook Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Feb 18, 2020

Sponsors SmartBooks Genie: https://cloudaccountingpodcast.promo/genie Analytix Solutions: https://cloudaccountingpodcast.promo/analytix BQE Succeed: https://cloudaccountingpodcast.promo/bqesucceed Show Notes 03:03 – Love by numbers? Here are seven reasons to date a finance professional | AICPA Insights 04:34 – Is $11K in Amazon gift cards worth a prison term? One Michael Mann associate is about to find out | Times Union 06:27 – Check out last week's episode for more MyPayrollHR discussion 07:20 – The U.S. Inspector General blames the IRS for Free File faux pas | Accounting Today 09:25 – Rhode Island cares how you feel when you file your 1040s | Reddit 10:28 – Faster than a speeding bitcoin, ransomware shows no signs of stopping | NYT 12:31 – Not surprisingly, cyber incidents take first place in the list of business risks | CFO 13:07 – Are slush funds the answer to ransomware attacks, or just a quick fix? | NYT 14:04 – Gone phishing ... Puerto Rico just can't catch a break | AP News scam 14:55 – Has the Trump Administration done something semi-intelligent? | Bloomberg Tax 15:45 – Stats be damning – What exactly has the PCAOB been doing for the past 16 years? | Accounting Today 19:44 – Humans – the missing link in tech solutions ? | ScaleFactor 26:57 – Come on in, the remote work is fine! Full Read: The 2020 State of Remote Work | Buffer 35:41 – Has San Fran lost its tech luster ? | CNBC 36:37 – A little talk about how Slack is lacking 40:13 – Another case for remote work – the struggle to find workers is real | Wall Street Journal 41:48 – Remote Work – If you're not commuting, you're not polluting | Forbes 43:00 – Another "new" accounting app for small business - Kashoo | PRWeb 44:01 – Square waits for no one – they just do stuff | Square 44:20 – New at Xero: Mileage in Xero Expenses is now in open beta and the February Global Release Update | Xero Blog 45:33 – Freelancers need love (and bookkeeping) too – Joust to the rescue ! | Small Business Trends 48:10 – Feeling the love and the free ad spots – we've got REVIEWS! 50:06 – FreshBooks sets sail for the UK | GlobalNewswire 50:34 – Xero's not the only fish in the sea , according to one accounting-software minnow | AFR 52:27 – Receipt Bank axes its credit card in the wake of new plans? | AccountingWEB 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 ! Meet Blake and David in person! May 31 - June 3, 2020: BQE Succeed - Encore at Wynn Las Vegas Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds High Rock Accounting: careers@highrock.co Elefant: https://elefanttraining.com FutureFirm.co: https://futurefirm.co/cloudaccounting/ Bookkeeping Side Hustle: www.BookkeepingSideHustle.com/bookkeeping-guidebook Go here to create your classified ad : https://cloudacctpod.link/RunClassifiedAd

Feb 11, 2020

Sponsors BREX: https://cloudaccountingpodcast.promo/brex Edgewood Business Solutions: https://cloudaccountingpodcast.promo/edgewood BQE Succeed: https://cloudaccountingpodcast.promo/bqesucceed Show Notes 03:03 – Oh, my! What big FAANGs you have! These five tech players have a combined $4.1 trillion market cap | Investopedia 05:22 – Setting the accounting world on fire – well, at least part of it | Sawyer County Record 06:09 – Cash is still king in NYC | NYT 08:06 – How the Astros brought their C (for cheat) game | WSJ 13:49 – Sage Marketplace offers over 100 ways to customize Sage Biz Cloud | Sage 14:14 – Gusto Cashout service is now free for employees | Gusto 16:05 – Acumatica beefs up its payroll features and integrations | Accounting Today 18:04 – KPMG buys stake in LumaTax | Accounting Today 19:00 – Visor takes a new approach with Get Grid | Get Grid 22:47 – Etsy – " Mistakes certainly do happen ... " continues plaguing sellers with an array of accounting headaches | eCommerce Bytes 23:37 – Facebook and the IRS square off over a measly $9 billion | WSJ 28:31 – Pioneer Bank faces the music for its actions, or lack thereof re: MyPayrollHR | The Daily Gazette 30:42 – AICPA see deregulation as a huge threat to CPA licensure | Accounting Today 38:06 – Help Wanted – Intuit is looking for QBLive bookkeepers, and they're not afraid to advertise inside of QBOA | Facebook 41:28 – BOA could hit Intuit where it hurts | PYMNTS.com 42:30 – WePay – Scaling the Books ? | WePay 43:30 – United Airlines takes a train-them-yourself approach to hiring | CNBC buys 43:45 – Try, try, try again - KPMG relaunches Spark | KPMG Spark 47:58 – Overruled - UpCounsel shuts down | LawSites 49:05 – Comings and Goings: Damien Greathead moves to Practice Ignition, and Jody Padar joins Botkeeper | Insightful Accountant/Accounting Today 49:43 – Jumping ship or business as usual? Intuit's Alex Chriss dumps a huge chunk of his Intuit holdings | Yahoo! Finance Chriss's Intuit trading history over the past year might provide some perspective | Wallmine 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 ! Meet Blake and David in person! May 31 - June 3, 2020: BQE Succeed - Encore at Wynn Las Vegas Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds High Rock Accounting: careers@highrock.co Elefant: https://elefanttraining.com FutureFirm.co: https://futurefirm.co/cloudaccounting/ Bookkeeping Side Hustle: www.BookkeepingSideHustle.com/bookkeeping-guidebook Go here to create your classified ad : https://cloudacctpod.link/RunClassifiedAd

Feb 3, 2020

Sponsors G-Accon: http://cloudaccountingpodcast.promo/gaccon OnPay: http://cloudaccountingpodcast.promo/onpay BQE Core: http://cloudaccountingpodcast.promo/core Show Notes 00:50 – More Super Bowl earworms here | Ad Age 01:34 – Last week's discussion on tax-prep confidence levels 03:54 – Fake news or worthwhile information? You decide ! | Business Insider 06:38 – More helpful journalism from Biz Insider's Eric Rosenberg | Business Insider 10:09 – Which tax software is the best for firms? | CPA Trendlines 11:53 – Intuit ProConnect expands their tax professional ecosystem | Silicon Valley Daily 12:35 – No news is no news when it comes to the Summit Hosting outage, but we're covering it! 20:06 – As per usual, Reddit users have something to say about Summit | Reddit 22:48 – The real cost of ransomware attacks? | Coveware 26:14 – OOPS! That's our bad! – Microsoft makes a huge data boo-boo | Threatpost 28:39 – Just what we need – another report . That'll fix what ails our government! | Accounting Today 30:43 – It's only money ... $22 TRILLION worth ... | Politico 34:03 – When you see complex accounting shenanigans, be like Mr. Buffett and run the other way | Yahoo! Finance 35:06 – You might not like green eggs and ham, but Sam.I.Am likes The Cloud Accounting Podcast! Thanks for a great review, Sam.I.Am! 37:11 – There's more to CFO-ing than numbers | WSJ 41:03 – Blake sees goodwill in a new light, thanks to David 46:07 – The Gene Marks tome - Outfoxing The Small Business Owner: Crafty Techniques For Creating A Profitable Relationship 47:00 – Teller sets its sights on Plaid with a $4M raise | TechCrunch 49:34 – Former CAP guest, Jason Deshayes , shares his delightful bank-feed experience 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 ! Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds FutureFirm.co: https://futurefirm.co/cloudaccounting/ Elefant: https://elefanttraining.com Go here to create your classified ad : https://cloudacctpod.link/RunClassifiedAd

Jan 26, 2020

Sponsors Bill.com: https://cloudaccountingpodcast.promo/bill Timesheets.com: https://cloudaccountingpodcast.promo/timesheets OnPay: http://cloudaccountingpodcast.promo/onpay Show Notes 02:20 – Blake gets his nerd on in the hunt for the true meaning of goodwill 04:40 – Google hopes you won't pay attention to its new search results format | The Verge 06:47 – Reviews and feedback! Thank you! 07:31 – Our in-depth discussion of the four-day workweek is here 07:41 – How to stop serial meeting holders in their tracks – charge them for every meeting they schedule ! | Bloomberg 09:42 – Donny takes us to task on our discussion of RPAs in the Predictions episode 10:34 – More on the Gartner definition of RPA | Gartner.com 13:24 – Divided we accountants fall over the definition of goodwill | WSJ 14:38 – Some more insight on goodwill from Calcbench | Calcbench 25:13 – Why train your staff online when you can build a $450M campus like KPMG? | Bloomberg Tax 26:55 – More new accounting standards equals ever-rising audit fees | Accounting Today 28:17 – What you need to know about tax-zapper software ! | AccountingWEB More info on the zappers here | Wikipedia 29:17 – Grounded for life – Former WF CEO gets the boot from banking | CFO 31:00 – Seeing red – Cachet files for Chapter 11 | Albany Business Review If you missed it, here's our discussion with Cachet's General Counsel last year 32:08 – $35 TRILLION worth of stupid accounting tricks | Bloomberg 35:38 – Is the Big Easy just a Big Target for hackers? | PYMNTS 36:57 – Totally tubular, man! Everything you ever needed to know about pneumatic tubes | Pneumatic.Tube 38:00 – The Digital Dollar Projects gets us one step closer to Fed-backed cryptocurrency | CFO 39:18 – Pass the bucks - China's testing out its own digital dollar | NPR 40:20 – Have phone, will vote? King County thinks so | WSJ 43:52 – Maybe it's not Mint to be | Fast Company 47:00 – Mint might not be your thing, but You really Need a Budget | YNAB 49:20 – Tax prep jitters? Not according to this survey | Finance Buzz 50:55 – VCs are placing some pretty high bets on B2B fintechs | PYMNTS 51:45 – Ceterus , playing the accounting firm with engineers games, rakes in a total of $30M | The Post and Courier 52:31 – According to Glassdoor, you need to become an accounting manager | Going Concern 53:41 – Need to beef up your firm's password management? Check out this guide | Tom's Guide 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 ! Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds FutureFirm.co: https://futurefirm.co/cloudaccounting/ Elefant: https://elefanttraining.com Go here to create your classified ad : https://cloudacctpod.link/RunClassifiedAd

Jan 19, 2020

Sponsors QuickFee: https://cloudaccountingpodcast.promo/quickfee AccountingSuite: https://cloudaccountingpodcast.promo/asuite OnPay: http://cloudaccountingpodcast.promo/onpay Show Notes 01:52 – David can see clearly now, just in time to admire the cracked screen of his smartphone 02:42 – Blake's upping his skills game at Jirav, learning financial modeling 03:08 – Blake's second webinar - Webinar Recording: How to Build a Financial Model for an Accounting Firm | Jirav 04:25 – The most effective way to master a new tool or software is to use it for yourself, or a client 05:24 – Is there life after The Cloud Accounting Podcast? Blake reveals his retirement plan 06:57 – Side hustles can help you understand your clients' pain points 07:42 – American remote-worker ranks have nearly tripled in the past two decades! 08:02 – Business on top, PJs on the bottom - just one of the reasons why remote work rules! 08:18 – Reviews! Thank you, I <3 smilies, Aassas, and Glafollette! 13:43 – Visa changes it stripes , with some $5.3 billion Plaid | Bank Innovation 14:30 – Is data the new oil? 15:46 – Everything old wants to be new again , when it comes to fintechs, at least | Advisorhub 16:30 -- Visa's Acquisition of Plaid Presentation | Visa 17:42 – No QuickBooks Online Advance? No ChronoBooks for you! | Intuitive Accountant 19:16 – Perhaps Intuit killed the wrong tool? The ChronoBooks backlash begins 23:38 – Who needs a one-percent reward, when you can boost your Karma with every purchase? | Expensify 27:12 – Dave Barrett makes a case for Karma | Expensify 27:23 – Do you Concur? Emburse wants to change your mind! | Accounting Today 29:19 – Google ups its productivity game with the acquisition of AppSheet | AppSheet 31:16 – Stand up and shout - FASB is the villain ! | Accounting Today 33:02 – While it might delight CPAs and auditors, this 10,000 page codification, for mere accounting mortals, is a bit much 33:28 – The End of Accounting by Baruch Lev and Feng Gu | Amazon 34:32 – There's really no place for GAAP-basis financials in a subscription economy 37:11 – The CCPA implementation comes with a pretty hefty price tag - $55 BILLION |The Hill 39:11 – Could the CCPA be more trouble, and new risk than it's actually worth? 41:00 – Email still poses the biggest security threat for small businesses | PYMNTS 42:17 – Deepfake audio fraud is the new risk in town | Axios 43:28 – Are Google and Facebook too big to fail ? Apparently not when it comes to invoicing scams | Fortune 44:19 – While paper check usage declines, check fraud continues to rise | WSJ 45:09 – UK small businesses are just not that fond of open banking | PYMNTS 46:29 – Be afraid; be very afraid of the Buffett Indicator | CCN 47:05 – Mr. Buffett buys low, and sells high, or holds ... Be like Mr. Buffett! 49:41 – Time to move to Finland ? | Quartz at Work 51:44 – Eliminating useless and constant meetings might be even more useful than a four-day workweek 52:28 – Who needs humans when you can hire an Alphabot? Walmart's trying to stay in the game with warehouse automation | Gizmodo 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 ! Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds FutureFirm.co: https://futurefirm.co/cloudaccounting/ Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Jan 15, 2020

Sponsors QuickFee: https://cloudaccountingpodcast.promo/quickfee AccountingSuite: https://cloudaccountingpodcast.promo/asuite OnPay: http://cloudaccountingpodcast.promo/onpay Show Notes 05:31 – Fresh back from the Sage Accountants Advisory Council, in Dallas, Blake is basking in brisket afterglow and ready to talk cloud accounting! 06:21 – David takes a field trip to a real accounting firm! 07:53 – It’s tax season ! Yay … | Accounting Today 08:41 – Are IRS audits becoming an endangered activity? | CNBC 11:51 – When the IRS fails to collect from cheaters, it costs everyone else up to $3K | Accounting Today 15:25 – Wanna get new biz for your firm? Start during tax season! | CPA Trendlines 17:08 – IRS calls open season on tax-prep competition , and gives the Free File program a makeover | ProPublica 19:43 – Straight from the source - Free File : File Your Taxes Online for Free | IRS 23:16 – According to a recent survey, accountants are upping their tech game and their advising skills! | AccountingWEB 29:56 – Hello Pot, this is Kettle – Is Amazon feeling too much heat from Honey ? | PYMNTS 31:28 – California – Land of Confusion – When it comes to the new privacy law | Fox and Hounds Daily 35:42 – Way to keep that private info safe, Facebook ! | Bloomberg 37:35 – No time like the present – the California Board of Accountancy switches to email distribution of its newsletter, just in time to let everyone know they raised their fees | CBA 39:30 – New Year's Bug Takes NYC Parking Meters Offline | PYMNTS 41:53 – Virtually screwed – Thomson Reuters’ Virtual Office goes down for the count … But at least they’re providing status updates! | Thomson Reuters 47:49 – What’s your favorite way of dealing with client 1099s ? | CPA Trendlines 49:51 – “Hey, you! Get off of my screen!” Chase just says no to screen-scrapers | Bank Innovation 51:51 – Do banking consumers really want to know who owns their bank data ? | CNBC 54:43 – What is open banking , anyway? | American Banker 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 ! Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds FutureFirm.co: https://futurefirm.co/cloudaccounting/ Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Jan 12, 2020

Sponsors Jirav: www.jirav.com Hi, this is Blake, and I just wanted to let you know that this episode of the Cloud Accounting Podcast is sponsored by Jirav, my employer. “Jirav” sounds a lot like “giraffe” — and that’s no accident. Giraffes are the tallest animal in the world. That gives them a great view. Our goal at Jirav is to give you a similarly great view of what’s going on with your business. We do that by helping you understand where your business has been, and most importantly, predict where it’s going. Jirav connects your cloud-based accounting, payroll, CRM, and billing data together to automatically update shareable online dashboards, monthly reporting packages, and sophisticated financial plans and budgets in real-time. If you’re using Excel for reporting and forecasting, you’ll save hours every month with Jirav. Learn how accounting firms are using Jirav to deliver connected insight, strategize growth, and help their clients make more profitable decisions. Visit jirav.com and start your 30 day free trial. That’s J-I-R-A-V dot com. See farther with Jirav . Show Notes 00:38 – Looking back - how many 2019 predictions came true? 03:17 – Blake's first prediction for 2020 comes true less than a minute later ... Well, sort of ... 03:38 – Culling All Accounting Conferences – less definitely may start to be more ! | Accounting Today 05:33 – Is there any value in free? 09:01 – Duh ... Overstating the obvious isn't really making a prediction | E27 09:31 – Dynamic pricing is just not a thing, at least not for the smaller players 11:09 – Hmm - is "used" the new "new"? 11:28 – What's going to have the biggest short-term impact on accounting ? One hint: it's not humans | Journal of Accountancy 13:25 – Blockchain in 2020 - boom or bust ? | Enterprise Times 14:50 – Armanino releases blockchain-powered app for instant attestation | Accounting Today 16:49 – Government still says no to crypto | Real Daily 19:58 – Everybody’s losing their minds over 5G! But, why? | The Verge 21:14 – Blake takes issue with 2020 being the breakout year for 5G – lack of speed isn’t the problem; lack of use is 23:25 – 2020 just might be the year of foldy, rolly, hidey devices ... Maybe 25:12 – 2020 sees the hiring of non-accounting grads at CPA firms continue | Journal of Accountancy 26:25 – Blake says it's going to take a good decade to create and implement the changes needed in the CPA exam and curriculum 27:49 – Want to stay relevant, and innovate? Pull your head out of last year! | LinkedIn 29:33 – Millennials might be so 2019, but they still have some decent asks when it comes to employment | Boomer.com 31:31 – Open banking in the US? Maybe in 2030 ... | Accountancy Today 33:19 – What's the most important issue facing the accounting industry? Here are at least 100 | Accounting Today 35:30 – Things are different all over - 2020 Accounting Changes from Down Under | Accountants Daily 37:42 – Automation - great for those with actual skills; not great for the not-so-great ... 37:55 – What do accounting regulators actually DO? | CFO Dive 40:17 – For your reading pleasure - 120 AI Predictions For 2020 | Forbes 42:17 – Speaking of Voice AI – 46 industry pros share their 2020 Voice AI predictions | Voicebot.ai 45:01 – VR will continue to make people nauseous in 2020 45:08 – Four (just four?) Creepy Applications That Will Change Your Business In 2020 | Inc.com 47:36 – Is Netflix going to be your next bank ? | Banking Innovation 49:24 – The moment we've all be waiting for - David and Blake offer up their 2020 predictions! 🎉 49:30 – Nobody's staying in their lane! David says watch out for blurred, crossed, and muddied lines more than ever. 50:59 – According to Blake, 2020 is the year that one of the GL players - think QuickBooks, Xero, et cetera - becomes a bank. 52:28 – David's no-brainer prediction - Xero and Sage will have to launch their own version of Live product to compete with QuickBooks Live. Mark his word! (For the record, Blake disagrees) 54:24 – Podunk is not the proper nomenclature, David ... 😁 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 ! Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay ...

Jan 6, 2020

Sponsors OnPay: http://cloudaccountingpodcast.promo/onpay OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 01:48 – When it comes to staying organized, there’s only OneNote for Blake 04:24 – This one time, at Pod Camp ... David’s reminiscing about the early days of podcasting 06:00 – Laws, laws, everywhere – We talk about what’s new for 2020 in California - Assembly Bill 5 , and the California Consumer Privacy Act 10:31 – Who's gonna drive you home? Uber argues that they’re not “really” a ride service 13:34 – Time to get your CPA? Certain recognized professions, such as accounting, may be exempt from the AB 5 requirements 14:23 – A refresher on European data protection laws | European Commission 16:48 – The devil’s in the data – just how much data will businesses be required to provide to consumers? | NYT Bits Newsletter 21:11 – Multifactor authentication, anyone? Moss Adams is the latest to report a data breach | Accounting Today 25:27 – Receipt Bank rakes in $73M in new funding with an eye towards tackling the US market | Enterprise Times 27:58 – Show me your AI … Google’s latest AI innovation targets breast cancer detection | WSJ 32:15 – Face value – H&R Block targets our need for personal interaction with its new software offering | Accounting Today 34:01 – Top tips for 10-year Customers here | SaaStr 34:33 – Apparently, accounting clients do not have commitment issues! | Accounting Today 37:06 – There’s gotta be better way than a 100-percent interest rate on small-biz loan! biz | PYMNTS 39:02 – They’re going the distance – the IRS updates 2020 mileage rate |Small Business Trends 39:13 – Perhaps the FASB fears change ? WSJ 40:31 – In the meantime, however, this is what FASB’s working on for 2020 | WSJ 43:21 – Big Four, Big Tech , Big To-Do About Nothing? | Bloomberg Tax 46:46 – Stats abound 50:20 – Stayed tuned! Predictions are coming! Really! Before the end of the year! We promise! 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 ! Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Jan 2, 2020

Sponsors OnPay: http://cloudaccountingpodcast.promo/onpay OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 00:54 – Smart and Smarter? A look back at smartphones over the years | Reuters 01:03 – Tech years = dog years – we look at some of the massive changes that have taken place over the last decade | WSJ 06:05 – Seven tech and marketing predictions that fizzled out over the past 10 years | Econsultancy 13:29 – Small online businesses are still scrambling in the wake of Wayfair | WSJ 17:59 – Scott Greenberg’s decade review of federal tax policy in tweets | Twitter 18:49 – In case you missed it, here are some Accounting Standards Updates issued by FASB back in December 2019 | FASB 19:03 – Three Considerations for Cloud Computing Accounting Rules | CFO 21:00 – Who ya gonna call ? QuickBooks Live Bookkeepers, hopefully … | YouTube 23:06 – QuickBooks Live is making an impression, or 734 million-plus impressions , according to AdAge | AdAge 25:57 – A “glitch” caused a delay in Federal Reserve direct deposits | CNBC 29:10 – It’s actually “ Athleta …” 29:20 – Want to work in retail? You might want to brush up on your app skills ! | NYT 36:20 – How invested are firms in tech ? | Accountancy Age via Ryan Lazanis' weekly newsletter, Future Firm Top 5 38:38 – The marketing and high-growth connection for accounting firms | Bill.com 43:56 – Got some holiday cash burning a hole in your pocket? Check out our snazzy merch store! 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 ! Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Dec 22, 2019

Sponsors OnPay: http://cloudaccountingpodcast.promo/onpay OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 01:59 – What’s in a name? Ask Richard Kopelman , CEO of Aprio | Aprio 04:07 – The U.S. can’t seem to tear itself away from using paper checks, but Australia can! | Eureka Report 04:57 – Another review! Thank you, Karen Bertrand! 06:05 – Bill.com’s best share price , according to Jim Cramer | CNBC 07:03 – Is there an acquisition in Bill.com’s future? Some traders think so | Quartz Actual article title: “Why Bill.com’s stock is soaring, while other IPOs sink” 09:27 – Are there any reasons to avoid buying up Bill.com shares ? | Forbes 11:16 – California’s credit score could be crumbling | The Sacramento Bee 13:25 – Summit Hosting acquires iNSYNQ’s assets in the wake of this year’s ransomware attack | MSSP Alert 15:45 – Liberty Tax’s parent pays a pretty penny to settle with the Justice Department, and IRS | Accounting Today 17:57 – An unethical culture breeds unethical behavior – check out our discussion with Kelly Richmond Pope in Episode 139 for a refresher! 18:26 – QuickBooks launches Starling Bank integration for SMEs | AltFi 18:53 – Who really owns your data ? The PNC v. Venmo battle raises that question | CNBC And more insight on the war between banks and fintechs | WSJ 20:25 – Communication really is key – Withum CEO sends motivation via email | Accounting Today 21:40 – Time to weight in! Go take Intuit’s rate survey now! | Firm of the Future 23:31 – Can you get any satisfaction from CAS ? | Accounting Today 25:38 – PaySauce/Xero collaboration – Great for New Zealand; So-so for U.S. | Reseller News 26:12 – Farming industry as a niche for U.S. accountants? Probably not the most lucrative row to hoe | USDA 27:13 – You better check your breaches , especially if you or your clients use Zynga! | Firefox Monitor 27:52 – More insight on data breaches here | Forbes 29:07 – And suddenly, there came a ringing … Is your Ring Doorbell account letting everyone in? 30:00 – Keep it on the downlow ! Some companies don’t feel the need to disclose their boo-boos | WSJ 36:03 – We predict happier news is coming your way, next episode! 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 ! Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Dec 16, 2019

Sponsors OnPay: http://cloudaccountingpodcast.promo/onpay OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 01:57 – The gentlemen discuss a big reveal at the Digital CPA Conference – a proposed revamping of the CPA licensure model and what it could mean!| AICPA 06:14 – With more specialization, CPAs will now be more useful to employers! 09:04 – Although the AICPA says there’s been a boost in diversity , it’s still falling a bit flat | AICPA 11:26 – QuickBooks Live adds a standalone set-up service feature | Firm of the Future 12:38 – Hook, line, and Amazon … Check out our Amazon discussion in Episode 138 16:28 – Another review! Thank you! 📝😊 17:38 – The best technologies for CPAs - if you’re still living in the year 2000 | Journal of Accountancy 21:12 – Show me the money … Someday? Please? California can’t account for its cash | Forbes 26:46 – Oracle may have missed the earnings mark , but the cloud gives them a silver lining | CFO 28:17 – Bill.com’s IPO is winning! | CFO 29:59 – The fintech v. bank wars continue – with a lopsided proposed data-sharing agreement | Bank Innovation 32:53 – JPMorgan Chase partners with Yodlee to offer customers more control of their data | Business Wire 34:41 – If banks don’t step up their game, the likes of Intuit and Xero will find their own solution | AccountingWEB UK 36:10 – Eight to 14 percent of Americans own crypto – meaning the time for crypto-tax solutions is now ! | CPA Practice Advisor 41:20 – A one-stop shop for all your payroll and HR needs? QuickBooks Online Payroll rolls out Elite Payroll , a full-stack offering | Accountex Report 41:46 – Find your way around tax forms quicker with Xero’s Map Accounts to Tax Lines feature | Xero 42:38 – Intuit’s Pro Series rolls out some new and maybe not-so-new features | AccountingWEB 43:44 – This point-of-sale really ties the room together and helps cannabis distributors be more zen | Yahoo! Finance 44:01 – More on the conundrums of cannabis in Cali in Episode 113 45:55 – It may be the season of giving , but to whom, and how much does one tip? 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 ! Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Dec 13, 2019

Sponsors Intuit QuickBooks https://cloudaccountingpodcast.promo/quickbooks Show Notes 00:57 – Meet the coaches - Michael Palmer, Michelle Weinstein and Heather Townsend! 01:41 – The number-one concern for accountants and bookkeepers - the art of pricing 02:44 – Heather provides a different perspective on the definition of value pricing 03:52 – Michelle encounters many accountants who want to double revenue without working on their mindset first 04:23 – Michael shares two key factors to getting value pricing right - self-worth and education 06:23 – Heather says it's about overcoming the mental blocks first, and then focusing on the growth 07:31 – A hard pill to swallow - learning to see your own, or your firm's own value 08:58 – Setting your prices too low will ensure that you never get the time to provide true value 09:30 – Michelle says it's often the oldest 'legacy' clients that take up the majority of your time, with little to no profit 11:04 – If you don't choose to deliver value, your competitor will 12:14 – In addition to seeing your own value, Heather says it's about freeing up the capacity and time 13:43 – With so many tasks moving to automation, Blake sees capacity in terms of relationships, and the time it takes to maintain those 15:29 – Heather runs down a short list of things to micromanage when you want to build your value capacity 17:20 – When you're an 'accountingpreneur,' as Michelle names it, there's nobody there holding your hand. It's up to you to learn these skills and tactics and get things done 18:45 – If you're perfectly fine with being comfortably numb, you'll never be able to challenge the status quo 20:04 – Short-term sacrifices lead to long-term payoffs 20:53 -- Find the one thing you can focus on right now, and just do it. Simple, right? Connect with Michael, Michelle, and Heather Michael Palmer, Ceo of Pure Bookkeeping North America Twitter: https://twitter.com/1michaelpalmer LinkedIn: https://www.linkedin.com/in/coachpalmer/?originalSubdomain=ca Website: https://purebookkeeping.com/us/ Michelle Weinstein, Consultant and Founder of The Pitch Queen Twitter: https://twitter.com/thepitchqueen LinkedIn: https://www.linkedin.com/in/michelleweinstein/ Website: https://www.thepitchqueen.com/ Heather Townsend, Founder of Accountants Millionaire Club Twitter: https://twitter.com/HeatherTowns LinkedIn: https://www.linkedin.com/in/heathertownsend/ Website: http://www.accountantsmillionaire.club 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 ! Meet Blake and David in person! We're currently all out of dates for 2019 📆 Want to book us for your event? Check out our prospectus , or get in touch for more info! 🧾👀 Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Episode Art Photo Credit: Will Farnell: https://twitter.com/willfarnell https://twitter.com/willfarnell/status/1191506218424176640/photo/1

Dec 13, 2019

Sponsors Intuit QuickBooks https://cloudaccountingpodcast.promo/quickbooks Show Notes 01:25 – Meet the legends! 02:54 – Our guests share their biggest takeaways from QuickBooks Connect 2019 03:04 – For Michelle, it's AAA - apps, automation, and AI 03:28 – For Laura, it's the evolution of advisory 03:47 – Clayton's takeaways included latest iterations of cloud evolution and getting ready for new opportunities 04:54 – Clayton sheds some light on what he's doing now 06:04 – Laura's got her head and her firm in the cloud! 06:59 – Michelle's recent focus revolves around app selection and integration along with consulting and training 09:05 – What's changed since the very first QuickBooks Connect? 09:49 – Michelle's seen a huge improvement in networking over the years 10:18 – Just because you hit legend status doesn't mean you stop learning new things! 10:30 – Laura see a shift to development now that the majority have found their way to the cloud 11:16 – Clayton thinks people are moving away from "appstraction" and moving towards action 12:41 – After all the hype of cloud fades, you can now focus on the actual productivity 14:44 – More talk of what's to come for these three Connect with Michelle, Clayton, and Laura Laura Redmond, CEO and Founder of Redmond Accounting Inc Twitter: https://twitter.com/Redmond_Laura LinkedIn: https://www.linkedin.com/in/lauraredmond/ Website: https://redmondaccounting.com/ Clayton Oates, Founder of QA Business Pty Ltd Twitter: https://twitter.com/Clayton_Oates LinkedIn: https://www.linkedin.com/in/claytonoates/?originalSubdomain=au Website: http://claytonoates.com/ Michelle Long, Owner of Long for Sucess, LLC Twitter: https://twitter.com/MichelleLongCPA LinkedIn: https://www.linkedin.com/in/michellelongcpa/ Website: https://longforsuccess.com/ 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 ! Meet Blake and David in person! Stay tuned! Want to book us for your event? Check out the prospectus or get in touch for more details! Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Episode Art Photo Credit: Will Farnell https://twitter.com/willfarnell https://twitter.com/willfarnell/status/1191506218424176640/photo/1

Dec 12, 2019

Sponsors Intuit QuickBooks https://cloudaccountingpodcast.promo/quickbooks Show Notes 02:05 – Meet Lee and Mary from Breakwater Accounting and Advisory! 02:48 – Meet Rhondalynn, author of " Pricing Value " 03:50 – Rhondalynn speaks to some of the challenges when it comes to adopting a value-pricing model 05:19 – How can you do value pricing if you never talk about value? 06:21 – Breakwater's challenge in moving to value pricing - really understanding the true value of the services they provide 08:31 – Another challenge for Breakwater has been the pricing itself, and how to determine their value on a per-client basis 09:29 – People only pay for what they value 10:22 – What does it cost a client - personally, financially, or strategically - to not have a solution to their problem? 11:54 – It doesn't take a lot of time to figure out when clients are solely focused on cost, and not value 12:52 – Peace of mind is one of the most difficult values to put a price on 14:18 – A large majority of small businesses suffer cash-flow and working-capital pain. Focus on finding ways to solve for that pain, and showing them what they could be saving 15:32 – Rhondalynn gives a practical example of adding value and solving a client's pain point 17:20 – The value-pricing conversation is very different than the conversations clients typically have with accountants 18:14 – Adopting value pricing means moving clients towards accountability and action - creating a valuable partnership Connect with Lee, Mary, and Rhondalynn Lee Leonard Podolsky, President & Founder of Breakwater Accounting + Advisory LinkedIn: https://www.linkedin.com/in/lee-leonard-podolsky-b7958a90/ Twitter: https://twitter.com/lee_podolsky Website: https://www.breakwatercorp.com/ Rhondalynn Korolak, Managing Director, Imagineering Now LinkedIn: https://www.linkedin.com/in/imagineering/ Twitter: https://twitter.com/rhondalynn Website: https://imagineeringnow.com/ Mary Hambleton, Director of Operations, Breakwater Accounting + Advisory LinkedIn: https://www.linkedin.com/in/mary-hambleton-09a68918/ Twitter: https://twitter.com/MEHamb Website: https://www.breakwatercorp.com/ 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 ! Meet Blake and David in person! Sadly, we do not have any 2020 travel plans as of yet. Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Episode Art Photo Credit: Will Farnell https://twitter.com/willfarnell https://twitter.com/willfarnell/status/1191506218424176640/photo/1

Dec 12, 2019

Sponsors Intuit QuickBooks https://cloudaccountingpodcast.promo/quickbooks Show Notes 00:57 – Meet the women behind Next Level Women Leaders - Stacy, Nancy, and Laura! 01:49 – Next Level Women Leaders focuses on helping women align who they are inside with how they appear on the outside 03:09 – Women tend to absorb the stories we're told growing up, along with the cultural expectations when creating their own stories 04:40 – In the accounting world, women have the dual challenges of finding their own value, as a woman, and as an accounting professional 06:23 – How do we fix the imbalances? 06:56 – Establishing personal values is the foundation for creating the most fulfilling path in career and life 07:45 – Momentum happens wherever you're at 08:31 – We all, men and women, need to get back some of the hope we had before we grew up 09:28 – Go here to hear what else Jina has to say about diversity 12:30 – It was actually Episode 124 – Our discussion on women CEOs and women-led companies 13:15 – These Next Level women define success 14:59 – So many people compromise their own values so they can fall in line, instead of carving out their own space 16:39 – As more women find their power, and voices, the better off we all are 18:14 -- We get the elevator version of a Next Level Women Leaders two-day workshop 21:41 – E&Y has yet to get on board with allowing women to define their own style | HuffPost 22:48 – The Next Level founders took their belief in each other and the impact it made on them, as individuals, and combined forces to start sharing that powerful force with other women 23:58 – Don't toy with me - we talk about the, still, lack of diversity in the world of toys Connect with Nancy, Stacy, and Laura Nancy Buffington, Owner, Nancy Buffington, LLC LinkedIn: https://www.linkedin.com/in/nbuffington/ Website: https://www.nancybuffington.net/ Stacy Ennis, CEO & Founder of Creatively, LLC LinkedIn: https://www.linkedin.com/in/stacylynn/ Twitter: https://twitter.com/StacyEnnis Website: https://stacyennis.com/ Laura Tully, Wardrobe Styles and Owner, Laura Tully, LLC LinkedIn: https://www.linkedin.com/in/laura-tully-b183a3109/ Website: https://www.lauratully.co/ 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 ! Meet Blake and David in person! Sadly, we do not have any 2020 travel plans as of yet. Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Episode Art Photo Credit: Will Farnell https://twitter.com/willfarnell https://twitter.com/willfarnell/status/1191506218424176640/photo/1

Dec 11, 2019

Sponsors Intuit QuickBooks https://cloudaccountingpodcast.promo/quickbooks Show Notes 00:57 – Claudell is so far beyond MIA, we couldn't even say her name right! 01:05 – Who needs Claudell, when you have a real LIVE QuickBooks Live bookkeeper to talk with? Meet Pam Bingham! 01:30 – David's got a gazillion questions! 02:54 – Pam shares what it's like to be a QuickBooks Live bookkeeper 03:30 – Job-in-a-box - QuickBooks Live provides its bookkeepers with everything they need to start - from equipment to training 04:48 – The main focus of QuickBooks Live bookkeeping is helping clients clean up and prep their books for month-end closes, and tax time 06:35 – While some providers aren't crazy about QuickBooks Live, Pam took this opportunity and ran with it 07:58 – QuickBooks Live can give bookkeepers some stability when their own practices face constant changes 08:38 – Your practice is what you choose to make of it - plain and simple 11:08 – For clients, QuickBooks Live allows them the freedom to focus and work on the top priority, their business 12:28 – Most of the work done for QuickBooks Live is offline. The face-to-face client meeting is typically a small fraction of the entire process 13:25 – Unlike driving for Uber, being a QuickBooks Live bookkeeper is about building and maintaining long-lasting relationships Connect with Pam Pam Bingham, EA, Founder, PB Tax and Accounting Services Twitter: https://twitter.com/PBTaxAccounting LinkedIn: https://www.linkedin.com/in/pambingham/ Website: http://www.pbtaxinc.com/ 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 ! Meet Blake and David in person! Sadly, we do not have any 2020 travel plans as of yet. Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Episode Art Photo Credit: Will Farnell https://twitter.com/willfarnell https://twitter.com/willfarnell/status/1191506218424176640/photo/1

Dec 10, 2019

Sponsors OnPay: http://cloudaccountingpodcast.promo/onpay OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 00:14 – We made the list ! Congratulations to fellow accounting professionals and former guests, such as Dawn Brolin , Roman Kepczyk , Ariege Misherghi , and Donny Shimamoto , as well, for making the Accounting Today Top 100 Most Influential list | Accounting Today 01:21 – Format is key – one thing the Accounting Today list lacked was readability. We think there’s just a better, smoother way to present this kind of read 02:15 – It’s cool to see the list evolve with the everchanging industry landscape and include accounting folks across different digital media platforms, including YouTube, and podcasts, as well as CPE professionals, and even politicians! 03:07 – What’s more important that any list? The Cloud Accounting Podcast won't put you to sleep! Thank you, reviewers! 04:49 – Let’s talk numbers … A lot of numbers … Courtesy of “The year ahead for accounting: 2020 in numbers” | Accounting Today 05:30 – While recruitment and retention are big factors for big firms, the smaller firms are zeroing in on tech strategy 07:28 – It’s still taxing! 39 percent of firms still require employees to work every Saturday during tax season 09:29 – Small and mid-sized firms are still shying away from social, with just below 60 percent using platforms such as LinkedIn and Facebook to bolster their visibility 11:15 – Correction from last week’s episode – The founder of CakeHR notes that they serve 60-plus countries , not just Australia and the UK, as we originally thought 13:21 – Is Sage banking on the lack of trust created by the QuickBooks Live offering? | Twitter 15:17 – Sometimes, it pays to pay more – Xero rolls out pricing changes , next year, offering Hubdoc as part of the package | Twitter 19:24 – Practice Ignition fixes some payment-related headaches with a new client self-service payment retry option | Practice Ignition 20:29 – As Canopy names a new CEO, investors think there’s still something to believe in , offering $13M in additional funding | Accounting Today 23:10 – Moving target - Bill.com increased its price target to $183M for the upcoming IPO | Silicon Valley Business Journal 24:04 – What price celebrity keynotes ? We hash out costs v. benefits | Accounting Today 27:30 – Want to boost your firm’s productivity? Here’s one way | Business Insider 29:08 – Some thought food to chew on from the Zapier Remote Work Report | Zapier 32:07 – Don’t stand so close to me! Why remote workers get more done | Doist 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 ! Meet Blake and David in person! 😢 We do not have any 2020 travel plans as of yet. Check back early and often to see where we go next! 😁 Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Dec 9, 2019

Sponsors Intuit QuickBooks https://cloudaccountingpodcast.promo/quickbooks Show Notes 00:57 – Meet Ariege! 02:44 – Fun fact: 500 new small businesses start up for every one new accounting professional entering the workforce 03:18 – How is Intuit helping small businesses succeed? Mainly through automation and a high level of quality 04:19 – Fear is not an option - with the obvious shortage of accountants, the only way to effectively help clients is with automation 05:38 – Ariege explains why the new QuickBooks feature, the Optimization Center, was created 07:37 – Intuit's pain, and solving for it - in entering the bookkeeping game - could ultimately be a gain for everyone 09:29 – As mentioned in our last episode , accountants are an unexpected market for the QuickBooks Live offering, according to Ted Callahan, Director of the QuickBooks Live Offering 11:00 – Check out Jade Simmons ’ QuickBooks Connect 2019 presentation! | YouTube 15:02 – Ariege gives us the rundown on the Business Performance Overview feature 17:32 – According to futurist Michael McQueen, innovation isn’t slowing down. See his QBC presentation here | YouTube 17:53 – Change is gonna come - but Ariege doesn't have the details yet 19:27 – You heard it here first ... Sort of ... Ariege spills some new feature news! 21:33 –Start talking!Intuit's priority list is constructed around what users want and need Connect with Ariege Ariege Misherghi, Global Accountant Segment Leader, Intuit Twitter: https://twitter.com/ariegem LinkedIn: https://www.linkedin.com/in/ariege/ 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 ! Meet Blake in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Episode Art Photo Credit: Will Farnell https://twitter.com/willfarnell https://twitter.com/willfarnell/status/1191506218424176640/photo/1

Dec 9, 2019

Sponsors Intuit QuickBooks https://cloudaccountingpodcast.promo/quickbooks Show Notes 01:20 – Meet Ted! 02:59 – Ted talks about Intuit's impetus behind moving into the service game 03:28 – Confidence is key! Most of the small businesses without an accountant or bookkeeper lack the confidence to reach out for help 04:42 – While QuickBooks Live and TurboTax Live share similar tech, their services are very different 06:04 – QuickBooks Live is only available, currently, in the U.S., and all Live bookkeepers reside in the U.S. 07:03 – Ted shares some of the requirements for becoming a QuickBooks Live bookkeeper 08:01 – The gentleman talk QBO Accountants Edition, and some of the new feature roll-outs, such as the Optimization Center 09:42 – Intuit sees a huge opportunity to capture those small businesses that are, so far, sans accountant 11:11 – What's the real scope of the QuickBooks Live offering? 13:42 – What differentiates the different price points in QuickBooks Live? 14:38 – Intuit is solving for both sides of the market - small biz and accounting professional 15:38 – A bit of discussion on the different ProAdvisor buckets and how QuickBooks Live will affect them 16:39 – What do you tell a ProAdvisor who loses a client to QuickBooks Live? 17:46 – Take a load off, Annie - QuickBooks Live plays a key role in the advisory vision - by transferring lesser-value work to QB Live, so accountants and bookkeepers can focus on advising and other value-add services 18:28 – Intuit needs to establish clear guidelines around relationships to solve for the needs of the customers and accounting partners 19:43 – Is there a grand convergence of all the Intuit offerings on the horizon? 20:29 – Who's in charge of ensuring the delivery QuickBooks Live services meet's Intuit's WOW factor? 21:49 – What's next on the agenda, for Ted, and QuickBooks Live? Connect with Ted Ted Callahan, Director, QuickBooks Live Offering, Intuit Twitter: https://twitter.com/asciv LinkedIn: https://www.linkedin.com/in/tedcallahan/ 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 ! Meet Blake and David in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Episode Art Photo Credit: Will Farnell https://twitter.com/willfarnell https://twitter.com/willfarnell/status/1191506218424176640/photo/1

Dec 8, 2019

Sponsors Intuit QuickBooks https://cloudaccountingpodcast.promo/quickbooks Show Notes 01:35 – Let's meet The Canadians! (Well, three of them, anyway …) 03:41 – Canada's no longer last in the lunch line with the increasing focus on QuickBooks Online 04:50 – Scott and Brad pontificate on the new QBO statement-importing feature 06:27 – How do Canadians approach cloud accounting, and all the innovation that comes along with it? 08:13 – Along with faster adoption of new tech, Canadian app development is on the rise, and people seem to share a common passion and excitement, without a lot of drama, on the socials. 10:42 – With the Canadian government’s investment in functional, high-speed internet, clients being eternally bound to their desktop programs is more the exception than the norm 12:00 – Brad talks benefits of going full cloud 14:43 – Scott talks about some of the work Intuit’s Canadian branch is doing to solve for Canada-specific issues, such as tax and payroll 16:30 – Winter is coming, or you'll be coming to Winter is you visit QuickBooks Connect Toronto. Grab a toque, or a touque, or a tuque ? 18:24 – While Canadian accountants are excited about new industry developments, they also know a good thing when they use it, and tend to stay loyal to a narrow collection of accounting tools 19:36 – Brad sees a sort of ‘take it or leave it’ attitude when it comes to dealing with U.S. accounting software developers. Some listen; some don’t. 21:50 – Cheryl notes that conferences, such as QuickBooks Connect, and Scaling New Heights are a prime method for discussion, learning, and developing partnerships that will lead to future opportunities Connect with Scott, Cheryl, and Brad Scott Zandbergen, Principal Marketing Manager and Accounting Community Advocate at Intuit Twitter: https://twitter.com/szandbergen LinkedIn: https://www.linkedin.com/in/szandbergen/ Website: https://scottzandbergen.com/ Cheryl Manmohan, Senior Training & Education Program Manager at Intuit Twitter: https://twitter.com/cherylmanmohan LinkedIn: https://www.linkedin.com/in/cheryl-manmohan-ab70754/?originalSubdomain=ca Brad Celmainis, CPA and President of Brad Celmainis Accounting Solutions Twitter: https://twitter.com/BradCelmainis LinkedIn: https://www.linkedin.com/in/bradcelmainis/ Website: https://bradcelmainis.com / Facebook group: https://www.facebook.com/groups/getintuit/?source_id=622030231160596 Learn more about QuickBooks Connect Toronto here: https://can.quickbooksconnect.com/?cid=SOC_CA_QBC_-NON_INT-QBC-CA-Blog-SponsorProfile 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 ! Meet Blake in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Episode Art Photo Credit: Will Farnell https://twitter.com/willfarnell https://twitter.com/willfarnell/status/1191506218424176640/photo/1

Dec 6, 2019

Sponsors Bill.com https://cloudaccountingpodcast.promo/bill Teampay https://cloudaccountingpodcast.promo/teampay Show Notes 01:08 – Meet Mariana! 01:46 – What's a lawyer doing at an accounting conference? 04:22 – Mariana takes us to school on HIPAA 06:38 – Why should accountants and bookkeepers care about HIPAA? 06:58 – There are three types of entities that fall under HIPAA protection - healthcare providers, plans, or clearinghouses 08:19 – Any accounting system that contains names and addresses of patients must comply with HIPAA Privacy and Security rules 10:09 – Which apps in a healthcare accounting ecosystem DO have to follow HIPAA rules? 12:20 – When dealing with collections for medical accounts, HIPAA rules get so complicated that it's best to consult with legal advisors to know exactly how to proceed 13:40 – Sage took a detailed approach to implementing HIPAA compliance in its 2018 product offerings | Sage Intacct 16:06 – There's no official HIPAA compliance certification, but there are vendors who will provide independent assessments of a firm's compliance level 17:47 – HIPAA is no joke . Violations carry significant civil and criminal penalties! 19:27 – Mariana shares a few facts about the California Consumer Privacy Act | Californians for Consumer Privacy Connect with Mariana Mariana Antcheva, Sage Intacct LinkedIn: https://www.linkedin.com/in/marianaantcheva/ Episode Art Photo Credit: April Blankenship https://twitter.com/aprilblnknshp https://twitter.com/aprilblnknshp/status/1187023281687130112/photo/2 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 ! Meet Blake and David in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Dec 6, 2019

Sponsors Bill.com https://cloudaccountingpodcast.promo/bill Teampay https://cloudaccountingpodcast.promo/teampay Show Notes 02:09 – Meet Kelly! 03:05 – Kelly talks true crime | WGN Radio 07:21 – It takes a balance - you need the 'yes' people and the naysayers to keep you from making crappy decisions 08:36 – The first step to changing your firm's culture - you've gotta know you have a problem! 10:21 – Speaking of problems, we talk about the melee surrounding audit watchdog, PCAOB, and KPMG | WSJ 10:52 – We humans tend to take a one-dimensional viewpoint when it comes to fraud 12:53 – You can't rely on people's personal perceptions. You have to show them concrete examples of ethical lapses to paint a really clear picture 13:51 – How do we remove the incentives for unethical behavior? 16:02 – Ethics training needs to focus on real-life, practical scenarios that actually relate to the people involved 18:27 – When you’re talking about a company with hundreds of thousands of employees, ethical issues are critical! 20:54 – Financial relationships, in any profession, can create a perverse incentive to ‘look the other way’ 23:36 – What your expense reports really say about you | WSJ 23:59 – Kelly’s required ethics and fraud reading/listening list includes the docuseries, “ Dirty Money ”, a podcast called The Dropout , and John Carreyrou’s book, “ Bad Blood ” 25:56 – Kelly gives us a brief synopsis of her film, “ All The Queen’s Horses ” | YouTube 29:04 – While she uses film as a teaching platform, Kelly has no plans to make more films. Connect with Kelly Kelly Richmond Pope LinkedIn: https://www.linkedin.com/in/kelly-richmond-pope-cpa-83689a5/ Twitter: https://twitter.com/kellyrpope Kelly's TEDx Talk https://www.ted.com/talks/kelly_richmond_pope_how_whistle_blowers_shape_history/up-next%3E All the Queen's Horses - Website: https://www.allthequeenshorsesfilm.com/ All the Queen's Horses - YouTube: https://youtu.be/dpr2A3S3CNk Episode Art Photo Credit: April Blankenship https://twitter.com/aprilblnknshp https://twitter.com/aprilblnknshp/status/1187023281687130112/photo/2 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 ! Meet Blake and David in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Dec 4, 2019

Sponsors OnPay: http://cloudaccountingpodcast.promo/onpay OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 01:27 – Things to do in Tucson at 4:30 in the morning when your puppy has to go potty – listen to podcasts from former guests , like Scott Orn, of course! 02:41 – If you missed our discussion on the streaming wars, go here 03:24 – It’s not you, it’s me … Or is it? Gusto and Zenefits just don’t see eye to eye | Accounting Today 04:13 – What happens when the customer-first company puts the customer last? 06:07 – Ready, set, SOAPBOX ... The gentleman debate Gusto v. Zenefits 07:49 – Blake sides with Gusto - data security wins over convenience 10:04 – David finds this to be more of an ‘immature’ publicly-held negotiation about the private agreements betwixt the two companies, and the biggest loser is, of course, the customer 13:33 – Another review! Thank you! 15:43 – Anything you can do, Amazon can do better ? | NYT 18:43 – Amazon is okay with losing a bit of money on one-day Prime shipping ... Small price to pay for crushing competition, right? 21:21 – What can accounting firms learn from Amazon's modus operandi? Maybe more than you think! 24:21 – Is your fixed-fee model flopping? | AccountingWEB 29:04 – Making sweet macro music … | Digg.com 29:40 – Play that funky music, accounting boy ... 30:26 – Move over, Uber, bookkeeping is the hottest side hustle now! | Forbes 30:48 – Get these guys some L.A.-level tacos, or a whole steak ... Check out their fabulous merch! 33:18 – Hey, you! Get off of my cloud! A VC’s perspective of the future of cloud | LinkedIn 36:11 – Fight, focus, or flight - how to win in the "Intelligent Connected World." 40:08 – Piece of cake? Sage thinks so with its latest acquisition | Enterprise Times 42:32 – Some further insight on ‘coopetition’ from Matt Paff | LinkedIn 45:30 – Robinhood’s a little less merry – They’re no longer banking on a charter | PYMNTS.com 46:49 – Reading assignment for next week's show – “ Can Silicon Valley remake the payday lending industry ?” | NewStatesmanAmerica 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 ! Meet Blake in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Dec 3, 2019

Sponsors Bill.com https://cloudaccountingpodcast.promo/bill Teampay https://cloudaccountingpodcast.promo/teampay Show Notes 01:10 – What does David Appel do, precisely? 02:15 – If accounting happens in Vegas, does it have to stay in Vegas? 03:28 – Repetition is key to creating job satisfaction, personal validation, and economic value for your clients 05:30 – It's not about billable hours and recurring revenue, it's about creating the most economic value for not only your clients, but as many people as possible 09:19 – David A. gives some examples of successful subscription-based models 11:15 – How do you know when you've outgrown your first accounting system? 13:37 – An ounce of prevention really is worth a pound of cure when it comes to moving to a new accounting system 15:31 – When you provide value, using whatever it is you're selling, that thing tends to sell itself 16:28 – Find the value you can add by talking and LISTENING to your clients 19:01 – Focus on solving client problems, and billing models will fall into place Connect with David! David Appel, Head of Software and SaaS Vertical, Sage Intacct LinkedIn: https://www.linkedin.com/in/davidappelsf/ Twitter: https://twitter.com/davidappel Episode Art Photo Credit: April Blankenship https://twitter.com/aprilblnknshp https://twitter.com/aprilblnknshp/status/1187023281687130112/photo/2 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 ! Meet Blake in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Dec 3, 2019

Sponsors Bill.com https://cloudaccountingpodcast.promo/bill Teampay https://cloudaccountingpodcast.promo/teampay Show Notes 01:39 – Laura outlines her career path from school to VP of Finance 02:30 – Laura liked using the Sage Intacct product so much at a former company that she wanted to become part of Sage Intacct 04:25 – What's the difference between accounting and finance departments? 05:22 – Laura's excited to work on the tools that will help 'eliminate' the month-end close 06:15 – Laura talks about what CFO 3.0 means for her and her team 06:52 – You really have to open up your mind to new possibilities and see things from different angles in order to embrace the new technologies 07:57 – Those who get into accounting in order to get the bird's-eye view of a company are the ones likely to move into higher positions as they progress 08:41 – Wanna be a CFO? Don't be a tree. Move around, meet people, and learn new things, constantly 10:40 – Laura's passion and big focus centers around mentoring, and making sure employees feel like they're learning, growing, and contributing 12:26 – Are employees an asset or an expense ? Laura and Blake disagree | Harvard Business Review 13:21 – Laura talks about the gender gap in accounting, and what Sage is doing to turn that around 14:50 – We talk about why women-led businesses excel | CNBC 15:11 – Diversity is great, but you need to have the open, transparent culture to back it up, otherwise, you're going nowhere 15:45 – As former guest, Jina Etienne , stated, there's no diversity if you're not free to just be yourself, no matter what your ethnicity, or gender 16:23 – Laura's advice for women entering the accounting industry - be confident, know your strength, own your voice, and don't be afraid! Connect with Laura Laura Wiler, VP of Finance & Business Operations, Sage Intacct LinkedIn: https://www.linkedin.com/in/laurawiler/ Episode Art Photo Credit: April Blankenship https://twitter.com/aprilblnknshp https://twitter.com/aprilblnknshp/status/1187023281687130112/photo/2 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 ! Meet Blake in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Dec 3, 2019

Sponsors Bill.com https://cloudaccountingpodcast.promo/bill Teampay https://cloudaccountingpodcast.promo/teampay Show Notes 03:38 – Angelo defines 'family office' 04:19 – Definitely not small potatoes! 'Single' family offices are usually owned by those with wealth ranging from tens to hundreds of millions of dollars 06:21 – The ultra-high-net-worth crowd use a family office as a way to manage wealth, and mitigate financial risks 07:16 – An effective virtual family office utilizes outsourcing and the newest and most efficient technologies to seamlessly manage the family or individual's funds 08:51 – How do you measure success of a family office? Clarify, communicate, compare, and get two or three sets of eyeballs to check the work 12:26 – How exactly does one enter into the family-office arena as a career choice? Is it even possible? 13:52 – Breaking into the family office segment means getting to know the target (ultra-wealthy) audience, gaining some experience, and proving your worth 14:38 – At some point, the old dogs are going to have to learn some new tricks 15:36 – You really can't outsource creativity and leadership in the family office 16:50 – Apart from technology and automation, you need the soft skills - collaboration, globalization, and listening 17:22 – Angelo discusses some of the challenges of working for a family office 18:31 – Angelo talks about what inspired him to enter into the family office arena 20:29 – Check out Angelo’s book, “ Effective Family Office: Best Practices and Beyond ,” on Amazon! He’s also got a podcast! You can find Effective Family Office Podcast on iTunes , for Apple users, or Stitcher , for the Android crowd! Connect with Angelo Angelo Robles, CEO, Family Office Association Website: https://familyofficeassociation.com/ LinkedIn: https://www.linkedin.com/in/angelorobles/ Twitter: https://twitter.com/familyoffice Episode Art Photo Credit: April Blankenship https://twitter.com/aprilblnknshp https://twitter.com/aprilblnknshp/status/1187023281687130112/photo/2 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 ! Meet Blake in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Nov 27, 2019

Sponsors OnPay: http://cloudaccountingpodcast.promo/onpay OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 00:32 – See Brad. Be like Brad . When in doubt, buy TWO Cloud Accounting Podcast shirts! 01:52 – Same ol' sitch ... The new slew of tech banks don't seem to offer anything different than normal banks 02:36 – Who doesn’t need more flair? Chris Macksey shows you how to add some to your QBO Chart of Accounts! 03:21 – 😎 We've got reviews! 05:17 – Thanks to @sovereign_cloud , and his tweet about Episode 82 , we made the CPA Alberta Mag! 06:30 – FreshBooks hit the international scene, opening offices in Amsterdam and Raleigh, NC | Accounting Today and CPA Practice Advisor 06:51 – Coming to (useless) terms – the MyPayrollHR fiasco continues as Pioneer Bank and Michael Mann agree to settlement | Times Union 07:33 – Former Intuit man, Rich Preece, finds a new home at LegalZoom | Business Wire 08:21 – Fintech Unicorn Bill.com Files For $100M IPO | Crunchbase 09:20 – Some interesting factoids from Bill.com’s S-1 | SEC 10:56 – What’s the hold up with Big Tech companies becoming banks? | Fortune 13:02 – Sage Full Year 2019 – The numbers are in! | Sage 15:57 – Intuit numbers are in, too! | Intuit 19:31 – Soup to nuts, Bench partners with Taxfyle to offer a broader range of services to the smaller business set | Bench 22:26 – BlueVine raises $102.5M more for banking services that target small businesses | TechCrunch 25:18 – LeaseQuery’s Series-A round rakes in $40M | AMERICANINNO 26:19 – It pays to shop around? PayPal’s biggest acquisition to date - Online Coupon Site Honey – carries a $4 billion price tag | Bloomberg Quint 28:45 – Tipalti Partners With AR Automation Firm YayPay | PYMNTS.com 30:37 – How APIs Drive Payroll-Accounting Connectivity | PYMNTS.com 33:42 – More troubles for Canopy Tax 37:57 – Wolters Kluwer Launches Client Collaboration Module | CPA Practice Advisor 38:17 – Marketing genius or epic fail? Scaling New Heights 2019 “Strategic Pivot” | Woodard.com 43:33 – Is Intuit really stealing work from bookkeepers? Almost 300 thought so … | AVAAZ.org 47:00 – Can California fix what ails it? | Accounting Today 48:43 – Food-delivery services, like DoorDash and Uber Eats, fail to collect taxes | VOX Recode 51:09 – Recent survey reveals the biggest tech challenges facing CPA firms at the moment | CPA Trendlines 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 ! Meet Blake in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Nov 26, 2019

Sponsors Bill.com https://cloudaccountingpodcast.promo/bill Teampay https://cloudaccountingpodcast.promo/teampay Show Notes 01:07 – Meet our guests! 01:48 – Aaron talks about what's on the horizon for Sage , including the launch of Intelligent GL | Sage 02:32 – Intelligent GL uses AI to provide continuous trust, and continuous insights that help customers make better business decisions 03:13 – Blasphemy! How dare you try to take away our close ... Ha! 05:02 – Brendan shares how AutoEntry will work with Sage to make sure the data is in the right place at the right time 08:33 – Aaron talks about the importance of partnering with other software providers to create a centralized hub for their clients' financial activities 09:57 – Dan talks about the Sage People rollout in 2020 11:37 – You can lead a horse to water, but you can't make it stop loving Excel 13:28 – After a certain point of growth, Excel's capabilities no longer scale 14:02 – Dan gives some detail on Sage's Visual Explorer Connect with Our Guests Aaron Harris, CTO, Sage Website: https://www.sageintacct.com/leadership/aaron-harris LinkedIn: https://www.linkedin.com/in/aaron-harris-7407b2/ Brendan Woods, Founder and CEO, AutoEntry Website: https://www.autoentry.com/about-us LinkedIn: https://www.linkedin.com/in/woodsbrendan/ Dan Miller, VP of Product, Sage Intacct Website: https://www.sageintacct.com/leadership/dan-miller LinkedIn: https://www.linkedin.com/in/danielgmiller/ Episode Art Photo Credit: April Blankenship https://twitter.com/aprilblnknshp https://twitter.com/aprilblnknshp/status/1187023281687130112/photo/2 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 . Oh, and don't forget to come see our smiling faces on Instagram ! Meet Blake in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Nov 22, 2019

Sponsors Bill.com: https://cloudaccountingpodcast.promo/bill Teampay: https://cloudaccountingpodcast.promo/teampay Show Notes 01:09 – Meet Alliah Mohamed, director of accounting and financial operations for DonorsChoose! 01:29 – Bright lights, big city, and one CAP listener in the live audience! 02:07 – How does DonorsChoose work? 03:22 – Because they work with such a mind-boggling number of funds, DonorsChoose uses Sage Intacct to help them track the money 04:51 – Before Intacct, DonorsChoose did things the old-fashioned way - manual entry 07:01 – Alliah attends Intacct Advantage to get inspiration, education, and connection with other users 07:56 – What's in the DonorsChoose tech stack? 09:08 – Why wait for a solution? Build your own! 10:10 – Lean, mean, not-for-profit machine - DonorsChoose is an innovative, tech-forward group of ... SIX people! Connect with Alliah Alliah Mohamed Director, Accounting & Financial Operations, DonorsChoose LinkedIn: https://www.linkedin.com/in/alliahmohamed/ Twitter: https://twitter.com/alliah_mohamed DonorsChoose website: https://www.donorschoose.org Email: Alliah@DonorsChoose.org 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 . Meet Blake in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Episode Art Photo Credit: April Blankenship https://twitter.com/aprilblnknshp https://twitter.com/aprilblnknshp/status/1187023281687130112/photo/2

Nov 21, 2019

Sponsors Bill.com: https://cloudaccountingpodcast.promo/bill Teampay: https://cloudaccountingpodcast.promo/teampay Show Notes 01:18 – Meet Rob Reid, chairman of Sage Mid-Market Solutions Group 01:23 – Meet Kevin Cumley, director of the Sage Intacct Accountants Program 01:40 – What really is 'mid-market'? 04:34 – Doing cloud before cloud was a thing - Sage Intacct began as a cloud firm some 20 years back! 05:02 – Sage Intacct helps firms deliver outsourced accounting and financial services to their clients 06:44 – What separates Intacct from other players in the field? 08:17 – For small organizations, understanding cash takes priority over GAAP, until they need investors. Intacct offers insight from both perspectives 11:48 – Sage's Accountants Program offers extensive training and certifications to get them prepared to use the Intacct platform effectively 14:21 – It can't be that hard to satisfy accountants, can it ...? 16:57 – Innovative firms understand the importance of combining the technology with their accounting expertise 17:39 – Practice lines, such as tax and audit are on the decline, making outsourcing more attractive Connect with our guests Rob Reid, Chairman Mid-Market Solutions, Sage LinkedIn: https://www.linkedin.com/in/rob-reid-2b72896/ Twitter: https://twitter.com/SageIntacctRob Kevin Cumley, Director, Accountants Program, Sage Intacct LinkedIn: https://www.linkedin.com/in/kevincumley/ Twitter: https://twitter.com/KevinCumley 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 . Meet Blake in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Episode Art Photo Credit: April Blankenship https://twitter.com/aprilblnknshp https://twitter.com/aprilblnknshp/status/1187023281687130112/photo/2

Nov 18, 2019

Sponsors OnPay: http://cloudaccountingpodcast.promo/onpay OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 02:47 – Building stronger relationships? You need the Father-Son Podcasting Microphone — SNL | YouTube 05:20 – Catch Blake’s first Jirav webinar - [Free CPE Webinar] Level Up Your Financial Outputs: How to Save Time, Add Value, and Delight Clients — CPA Academy | Jirav 06:33 – Another five-star review! Thank you! 07:20 – In case you missed it, check out Episode 129 to get the latest accounting news to come out of Quickbooks Connect 2019! 08:40 – Intuit’s acquisition of ChronoBooks offers enhanced productivity with QuickBooks Online Advanced | QuickBooks Blog 11:17 – Xero’s half year 2020 results & from Xerocon London, announcing Net Zero! | Xero Blog 13:42 – Pay with TransferWise : Xero’s bringing another way to pay and manage your bills | Xero Blog 17:26 – Xero teams up with GoCardless to launch an integration that helps combat late payments in the Americas | Xero Blog 20:40 – “Xero needs to Square up !” | Livewire 24:15 – “ Where Will Square Be in 10 Years?” | The Motley Fool 26:06 – First Bank of Google ? It all starts with offering consumer checking accounts | The Washington Post 29:50 – You wanna start a Revolut-ion ? First, you need some people! | PYMNTS.com 30:02 – Payro to the rescue – if you can’t meet payroll, short term … | PYMNTS.com 30:16 – With this QuickBooks and Tide integration , you can clean up some tedious bookkeeping tasks | Bank Innovation 30:42 – Surprise! You’re Broke! | WIRED 34:39 – You need to get your personal financial s$&# together with Blake’s new favorite app ! |YNAB 38:05 – I can’t get no satisfaction – why one in three millennial biz owners are not happy |Accountancy Daily 39:28 – To kill a tree, or not to kill a tree - firms are divided | CPA Trendlines 41:25 – “ The Truth about QuickBooks™ Files ” | LinkedIn 45:44 – Can you prove David Wrong, or prove Blake right? Let them know! 49:04 – Better late than never – 1Password rakes in $200M in Series-A funding | TechCrunch 50:10 – Former guest, Matt Paff on the “ 8 trends in the Accountant's Software Industry ” | LinkedIn 51:21 – David recommends a lower-tech password solution – PasswordCard.org 51:59 – How does Disney+ relate to accounting? | CNET 58:34 – The coolest selfie ever ? 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 ! Meet Blake in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Nov 13, 2019

Sponsors OnPay: http://cloudaccountingpodcast.promo/onpay OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 00:45 – Meet Valerie! 01:44 – Meet David! 02:09 – Live fast, cloud-account hard! David’s firm, ENVOLTA , has hit Hubdoc’s Top 50 North American Cloud Accountants and The Ottawa Business Journal’s Fastest-Growing Companies list multiple times! | Ottawa Business Journal 03:00 – Breaking news! The world does not stop when we attend accounting conferences! 03:47 – News from QuickBooks Connect! | Accounting Today 07:08 – Like a spell-checker, only for accounting processes - one new QB feature, Bookkeeping Review, helps you find, and correct errors, with customization options for each client 08:52 – Bookkeeping Review gives users almost real-time accounting, and eliminates a lot of year-end close headaches, especially around tax 10:26 – What makes QuickBooks's Business Performance Overview tool outperform similar tools from competitors? 12:39 – Benchmarking tools are splendid, but how do you know the data is solid? 15:35 – Using powerful review and benchmarking tools provides a solid foundation for effective advisory 17:29 – How do we build, a bigger, better Cadillac of accounting tools? 18:34 – Will too many apps spoil the tech stack ? | Financial Times 21:44 – When FASB speaks, accounting apps, like LeaseQuery run with it! | Business Wire 23:14 – Bankifi is throwing down the Banking-as-a-Service gauntlet | Forbes 27:11 – Is another tax software company getting ready to bite the dust? 28:37 – The MyPayrollHR dominoes keep falling – Cachet ceases accepting ACH deposits for payroll | Cachet Financial Services 29:57 – Cachet’s decision leaves companies, like Vermont-based PayData , holding the bag | VTDigger 32:15 – CYA with insurance – the best way to protect yourself and your firm when you’re stuck in the tangled web of apps and services 33:02 – David DiNardo's parting wisdom: accounting and bookkeeping firms should go social! Not only is it good for marketing, but it's an excellent way to network and stay on top of what's going on! Connect with David and Valerie David DiNardo: LinkedIn: https://www.linkedin.com/in/david-dinardo-mba-42344599/ Website: https://envolta.ca/ Valerie Heckman: LinkedIn: https://www.linkedin.com/in/valerieheckman/ Twitter: https://twitter.com/vheckman 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 . Meet Blake and David in person! December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Nov 9, 2019

Sponsors OnPay: http://cloudaccountingpodcast.promo/onpay OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 01:17 – Acuity - firm of the future today - operating almost completely with a remote workforce! 03:54 – Is your job on the automation chopping block? Find out, here 04:30 – Even with the gloom-doom reports , the demand for accountants is still going up | University of Oxford – Oxford Martin School 06:14 – Kenji notes that the fear of automation is driving curiosity and adaptation in the face of such huge changes 08:30 – Meet Sammy and Lisa! 08:59 – Sammy defines bookkeeping as a combination of traditional bookkeeping services, some more listening, and more advisory 09:37 – Lisa's definition of customer success is matching clients with the right tech, at the right time, so they can benefit from Acuity's full range of services 11:29 – Bank feeds are a constant source of frustration for accountants and clients alike 13:38 – Acuity's bookkeeping team uses a standard tech stack, including QBO and Xero, to ensure consistent service 16:53 – Accounting FOR food trucks FROM a 'food' truck - a new career move for your hosts? 17:42 – We ain’t afraid ’a no oversized accounting-tech ecosystem chart ! | Accountex 18:29 – Lisa thinks that eventually, the mind-boggling array of accounting apps are going to consolidate into bigger, better tools. 19:01 – The Cloud Accounting Podcast - World-class recruiting tool! Listen, learn, and find excellent new hires! 20:17 – Meet Graham and Ann! 21:06 – Ann gives the rundown on Acuity's controller team functions 23:02 – Graham explains how Acuity's CFO group makes life easier for clients 23:52 – The bigger the data stack, the bigger the responsibility. 24:19 – When do you need CFO services? 27:01 – Graham shares some advice on getting into the advisory game 30:04 – What is community-adjusted EBITDA? 30:34 – Non-GAAP metrics can be used to get a clearer picture of a company's performance 31:06 – GAAP might not be fairly addressing human capital , but Acuity is by investing in its people 32:08 – Is accounting still relevant? 32:51 – When it comes to providing stellar service, data is king, even if it's non-financial 35:10 – The WeWork snafu is proof that the free market works 37:02 – Adapt or die ? | TechRadar 37:59 – David says data is going to level the playing field and what really matters is people, culture, and company values Connect with the Acuity Team Acuity: https://acuity.co/ Matthew May, Founder, VP Sales and Marketing LinkedIn: https://www.linkedin.com/in/thetechcpa/ Twitter: @thetechCPA Kenji Kuramoto, Founder & CEO LinkedIn: https://www.linkedin.com/in/kenjikuramoto/ Twitter: @kenjikuramoto Lisa Gilreath, VP of Operations LinkedIn: https://www.linkedin.com/in/lisa-gilreath-2ba506a/ Twitter: @lkgilreath Ann O'Dea, Controller Team Lead LinkedIn: https://www.linkedin.com/mynetwork/invite-sent/ann-o-dea-a61263118/ Sammy Siddique, Cloud Accounting Team Lead LinkedIn: https://www.linkedin.com/in/sammy-siddique-64446932/ Twitter: @sammy3042 Graham Wood, CFO LinkedIn: https://www.linkedin.com/in/grahamwoodjr/ Kai Moon, Senior Customer Success Advocate LinkedIn: https://www.linkedin.com/in/hikaimoon/ Twitter: @hikaimoon 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 . Meet Blake and David in person! November 5-8: QuickBooks Connect in San Jose November 5: Practice Ignition PreCon Party in San Jose November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Nov 4, 2019

Sponsors Right Networks: https://cloudaccountingpodcast.promo/rncloud Show Notes 00:17 – Meet Cash Flow Mike! 00:36 – Cash flow is king - It's how businesses keep their doors open 01:26 – Mike teaches banks effective methods for communicating with small-biz owners 01:50 – Mike teaches from the standpoint of necessary advising, instead of trusted advising 03:41 – Want to add advisory to your practice? Learn how to tap into your experiences and tell that story 04:49 – Mike says it's imperative to start with the end in mind - and map out that advisor/client relationship 06:55 – Since everything you do impacts cash flow, you need to know the reason why you're making every single transaction 09:01 – Run your firm like you're going to sell it - keep it show-ready every day 09:34 – Stupid cash flow tricks 12:01 – You don't need fancy tools and software, but you do need to track everything - what's coming in, what's going out, and the timing of it all 14:15 – When it comes to cash flow, looking ahead gives you time and options 14:35 – Practice what you preach. When it comes to advisory, if you believe in what you're selling, why aren't you doing it? 15:20 – What comes in should match what's going out 18:39 – A discussion on how having more month than money and oversized growth affects startups like WeWork | NYT Connect with Mike Milan Linkedin: linkedin.com/in/mikemilan/ Website: https://www.elevatefinancialtraining.com/ 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 . Meet Blake and David in person! November 5-8: QuickBooks Connect in San Jose November 5: Practice Ignition PreCon Party in San Jose November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Nov 3, 2019

Sponsors Right Networks: https://cloudaccountingpodcast.promo/rncloud Show Notes 00:40 – Welcome Jose and Tony! 01:13 – Tony explains the Latino Tax Professionals Association’s mission 02:37 – The fast-growing Latinx small-business market is largely underserved in the U.S. 04:59 – Uncle Sam wants you - even if you're an illegal immigrant - to pay your taxes 05:32 – There's a delicate balancing act of compliance with the IRS, or the government 06:31 – Jose tells undocumented clients that filing a return is an imperative step in becoming a citizen or getting authorization to work in the U.S. 07:15 – Tony explains how the mixed-status family can mix up your brain when trying to file that type of tax return 09:12 – Jose talks about the absolute necessity for education to prevent Latino small-owners from making huge mistakes with their finances and taxes 11:05 – Talking diversity, and the perceived, or real lack thereof in the accounting profession 12:48 – Financial illiteracy may be what gets in the way of Latino entrepreneurs being able to grow their businesses | Stanford Graduate School of Business 14:32 – Jose says while most Latino business owners speak English and use English-language products, they prefer to consume educational content in Spanish 15:21 – Translating your educational content into other languages will pay off in the long run 18:25 – Scaling New Heights started offering Spanish-speaking tracks in 2017 | Woodard.com 19:12 – To reach the Latinx market, try a less salesy, more genuine approach 20:12 – Tony explains how Contabi Alliance takes the mission of serving the underserved to the Latin American countries, providing resources and education for accountants and bookkeepers who don’t have access to the tools and technology available in the States 22:00 – Each country has its own particular accounting rules and regulations to navigate 24:35 – There's a huge shortage of third-party apps that connect Latinx accounting software to the global players, such as Xero and Intuit 25:25 – What kinds of opportunity exist for Latin American countries that want to expand into the U.S.? 26:54 – Jose may have the world’s longest social media profile! 28:39 – Latino Tax Fest – parties, pools, and education! Connect with our guests Jose Zavala LinkedIn: https://www.linkedin.com/in/jzavala03/ Twitter: https://twitter.com/ztxadvisors Email: jzavala@ZTXadvisors.com More About the Xero Virtual Hour: https://www.xero.com/us/partner-programs/partners/xerohour/ Tony Martinez LinkedIn: https://www.linkedin.com/in/tony-martinez-a095613a/ Website: https://latinotaxpro.com/ Email: antonio.martinez@latinotaxpro . org Latino Tax Fest: https://latinotaxfest.com/ 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 . Meet Blake and David in person! November 5-8: QuickBooks Connect in San Jose November 5: Practice Ignition PreCon Party in San Jose November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Nov 1, 2019

Show Notes Handles and Hashtags for Contes t Twitter: @CloudAcctPod Facebook: @CloudAccountingPodcast LinkedIn: @CloudAccountingPodcast Official QuickBooks Connect hashtag: #QBConnect 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 . Meet Blake and David in person! November 5-8: QuickBooks Connect in San Jose November 5: Practice Ignition PreCon Party in San Jose November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Transcript Hey there, Cloud Accounting Podcast listeners! Have you dreamed of being a guest on the Cloud Accounting Podcast? Are you going to QuickBooks Connect next week? If you answered YES to both these questions, you’ll want to turn up the volume so you don’t miss anything I’m about to say. [pause] We are running a contest so that one of our lucky listeners can co-host our news roundup episode that we record at QuickBooks Connect 2019. Here is how you can enter to win: -Between now and Wednesday, November 6th, 2019 at 12:00 pm Pacific time. -Tweet, post to Facebook or share on LinkedIn -Telling the world, WHY… YOU... want to be ...and ...should be... a co-host of the Cloud Accounting Podcast at QuickBooks Connect. Here’s the most important part: Be sure to properly tag the Cloud Accounting Podcast in your post… AND ...you must also use the hashtag #QBConnect. Hit the show notes if you are unsure of any handles or hashtags. We’ll announce the winner during the official QuickBooks Connect welcome reception on the evening of November 6th. Even though … the most Likes, Retweets, and Comments won’t guarantee that you’ll be the winner, it will most definitely keep your post at the top of those AI-based social algorithms. Good luck, and see you in a few days! P.S. If any of you try to have your automated BOTS game this contest, you’ll for sure be on the podcast, just not in the good way. smile face emoji

Oct 31, 2019

Sponsors Right Networks: https://cloudaccountingpodcast.promo/rncloud Show Notes 00:13 – We managed to get three editors from the top competing accounting media properties together in one spot! 00:35 – We asked the panel - what is top of mind in the accounting industry? 01:13 – For Accounting Today, Dan says tax and tech is at the top of readers' minds 02:00 – Dan reveals a bit about AccountingWEB's approach to sharing relevant accounting news 03:04 – Jess says tax law changes are what keep accountants employed 03:48 – Dan says hyper-focusing too much on one specific topic, like tax, means you're missing out on the bigger and more important accounting-industry picture 05:15 – Like it or not, Jess says advisory is in your future, 06:39 – Dan says accountants need to realize that they're much more comfortable with change than they believe 07:47 – Don't forget that small and mid-sized firm owners are entrepreneurs, combining that perceived conservatism with a huge amount of risk 08:43 – Jess says the constant barrage of "Do Advisory" advice started with vendors 10:53 – Seth notes that there's a dark tech and automated cloud looming over the billable hour 11:38 – The concept of killing the billable hour isn't a new one 13:42 – Turn and face the change - The gentleman talk about the transformation from paper to digital in accounting media 14:20 – If you want to stay on top, you've got to be willing to meet your clients where they are 15:53 – Seth talks about the art of fine-tuning the accounting content to stay connected to readers 17:08 – Who's gonna drive you home? The data is - in media, and the accounting industry 18:35 – The guys talk "A" words - automation and advisory 20:49 – As advisory services start to play a bigger role, the bigger firms are starting to be more selective about their client lists 22:32 – Dan's theory - AI and advisory are going to position the smaller accounting firms for bigger success 23:41 – Jess says there are three levels, when it comes to the evolution of accounting - Let's do it, Help Me do it, and Leave Me Alone! 26:11 – Seth's conclusion - Automation enables greater profitability Connect with our guests Dan Hood, Editor-in-Chief of Accounting Today: https://www.linkedin.com/in/daniel-hood-3494ab49/ Seth Fineberg, Managing Editor of AccountingWEB: https://www.linkedin.com/in/seth-fineberg-86aa8663/ Jess Scheer, Executive Editor of Accountex Network: https://www.linkedin.com/in/jess-scheer-43038610/ 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 . Meet Blake and David in person! November 5-8: QuickBooks Connect in San Jose November 5: Practice Ignition PreCon Party in San Jose November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Oct 29, 2019

Sponsors OnPay: http://cloudaccountingpodcast.promo/onpay OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 00:12 – Meet our guest, Ethan Rouen, Assistant Professor of Accounting at Harvard Business School 01:27 – The gentleman dissect Ethan’s article, “ The Problem with Accounting for Employees as Costs Instead of Assets ” 01:50 – Blake found a lot of similarities to Baruch Lev’s “ The End of Accounting ” in Ethan’s article | WSJ 02:30 – Using GAAP today is like fixing a Tesla with a Model T manual 04:12 – Why the lack of reporting human capital is a huge problem 05:32 – Will disclosures on human capital get political? 06:48 – Reporting human capital tells a more compelling story to investors 08:21 – Offering high-quality employee development programs is one way to ride out the economic storms | WSJ 10:28 – There needs to be a broader range of rules in GAAP for telling the stories of these companies 12:04 – The more things change, the more they stay the same, especially where GAAP is concerned 13:58 – Nap time for David? Ethan talks about Boeing’s use of program accounting | The CPA Journal 15:30 – David finally weighs in – Given the emotional climate of investing, what exactly is GAAP used for? 17:06 – Regardless of investors’ evaluation tactics, Ethan still thinks GAAP is relevant 19:10 – Is Ethan a social-media anomaly? 23:04 – More insightful Cloud Accounting Podcast content is on the way! Subscribe now , so you don’t miss out! 23:28 – Innovation is the theme of Sage Intacct Advantage 2019 | GlobeNewswire 24:36 – Finance 3.0, Intelligent GL (AI), product announcements, and more key takeaways from the conference 28:43 – Sage’s goal is to “eliminate the close …” stay tuned for more insight on this aspiration from Sage CTO Aaron Harris in a future interview 30:13 – Some hints about what will become of the AutoEntry acquisition? 32:50 – Mark your calendars! Intacct Advantage 2020 hits sunny Florida! 34:15 – Update on the QuickBooks Desktop Payroll discontinuation – So far, it’s only in the UK version! | Intuit QuickBooks 35:24 – Billtrust is the latest target for ransomware-ers | Krebs on Security 37:16 – Want Higher Profits? Hire a Female CEO, CFO | Korn Ferry 39:14 – The opposite of woke … E&Y instructs its female counterparts on the art of dressing and behaving appropriately? | The Huffington Post 40:44 – Nuke launches have gone digital … We feel so much safer now | Engadget Connect with Ethan Rouen LinkedIn: https://www.linkedin.com/in/ethan-rouen-16a9551/ Website: http://www.ethanrouen.com/ 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 . Meet Blake and David in person! October 29-30: AcuityCon in Atlanta November 5-8: QuickBooks Connect in San Jose November 5: Practice Ignition PreCon Party in San Jose November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Oct 22, 2019

Sponsors OnPay: http://cloudaccountingpodcast.promo/onpay OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 00:16 – Putting a face to fraud - Michael Mann finally appears , at least in pictorial form | Daily Mail UK 01:18 – Practicing for his big act? The Daily Mail article includes a video clip from what seems to be some form of corporate roleplaying/training. Enjoy. 03:02 – Come rain, sleet, snow, or fire alarm, some Big Four firms file returns no matter what! 03:44 – More automation from Square with Square Assistant for AI-powered scheduling and messaging | Square 04:12 – Square’s hitting the Books … The GL kind | Square 07:03 – Square - reinventing the accounting wheel one double entry at a time 08:04 – Is this all part of Square's plan to become a bank? 11:38 – Square deals meals - Square for Restaurants brings management tools to the table | Square 12:53 – Meals on wheels? Along with the management toolset, Square for Restaurants integrates with Caviar, their meal-delivery service 14:55 – Outside looking in? How do accountants and bookkeepers stay relevant in the face of the ever-increasing automation and DIY accounting tools? 16:39 – Who's really in charge? With Big Tech firms controlling the software on your PC, how much control do you have left ? | Yahoo! 20:13 – There is no such thing as free! Reckon cuts off customers until they buy new licenses | The Sydney Morning Herald 21:36 – QB Desktop Payroll gone come 2020 | Intuit QuickBooks 23:36 – Hubdoc Xeros in on better functionality with new permissions features | Xero Blog 24:33 – Can a Xero change its Stripe? Xero adds several new functions to its Stripe integration 25:39 – Bill.com's moving on up to the midmarket with their latest round of features | Finextra 28:00 – Veem and Zapier have joined forces to add even more functionality to Veem's payment service | Veem 31:57 – Need to learn how to use Zapier? Find a trainer, like Heather Satterly to help you out | Nerd Enterprises 32:06 – Gusto adds to their FreshBooks integration | FreshBooks 33:01 – No more slacking off , with new custom workflows in Slack | Slack Blog 35:06 – ScaleFactor unleashes a small-biz credit card | BusinessWire 36:08 – Small banks-tech company collabs aren't just a fad, but how much is too much when it comes to growth? | Bank Innovation 36:45 – Chime broke the bank , literally, when their app completely shut down | CNBC 38:14 – Well, actually, Galileo , the company powering Chime, was the true source of the outage 38:49 – Galileo didn't seem to have time to worry about the Chime outage. They were too busy touting their latest $77 million raise 41:16 – Leave your hubris at the door, please - these bank-tech firms might want to start focusing more on their 'users' and less on their egos 42:47 – Shirts, and stickers, and merch, oh my! Get your official and limited edition Cloud Accounting Podcast stuffs now ! 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 . Meet Blake and David in person! October 22-25: Sage Intacct Advantage in Las Vegas October 29-30: AcuityCon in Atlanta November 5-8: QuickBooks Connect in San Jose November 5: Practice Ignition PreCon Party in San Jose November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Oct 21, 2019

Sponsors Right Networks: https://cloudaccountingpodcast.promo/rncloud Show Notes 00:35 – If you're moving to remote work, here are some key things to consider 01:35 – Let's get digital, digital ... When going remote, all your company's data , and processes need to be digitized 02:31 -- Having the right software and tools in place, along with digitized date ensures that you and your employees can work any place, any time 03:01 – As we discussed in Ep. 121 , security is a crucial component of setting up your remote workforce 06:03 – Roman says most accountants favor Microsoft's collection of collaboration tools, especially for remote work 06:42 – Team chat or collab tools make it very easy to see who's available when 11:19 – Removing the guesswork - collaboration tools, such as Teams , keep all the information from every conversation in one place, eliminating the wasted time of searching email threads for just one thing | Microsoft.com 12:46 – First things first - what's the first thing firm owners should consider about going remote? 13:32 – The key ingredient for a successful remote-work situation is to use the right systems and tools for the situation! 13:41 – The best candidates for remote opportunities are those with experience, and who need very little supervision 14:34 – It pays dividends to keep your top employees engaged, and happy, even if that means letting them go remote 16:25 – Letting employees work when and where they want means more productivity and less wasted time 18:09 – You can accomplish more, and still have those watercooler convos, all from the comfort of home Connect with Roman H. Kepczyk, CPA.CITP, CGMA Website: https://www.rightnetworks.com/roman-kepczyk/ Right Networks Blog: https://www.rightnetworks.com/blog/ Twitter: https://twitter.com/romancitp LinkedIn: https://www.linkedin.com/in/romankepczyk/ 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 . Meet Blake and David in person! October 22-25: Sage Intacct Advantage in Las Vegas October 29-30: AcuityCon in Atlanta November 5-8: QuickBooks Connect in San Jose November 5: Practice Ignition PreCon Party in San Jose November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Oct 20, 2019

Sponsors Right Networks: https://cloudaccountingpodcast.promo/rncloud Show Notes 01:39 – With the rise in ransomware rampages, it's more crucial than ever to protect your company's data 02:07 – Roman explains the Right Networks disk-to-disk-to-offsite backup process 03:14 – Don't get caught with your cloud down ... Just because your data is in the cloud, doesn't remove your responsibility to make regular backups here on earth 04:05 – You can't tune a phish - Training employees to recognize phishing emails is an important step in safeguarding company data 05:31 – It's trickier to spot phishers on smartphones, since you can't see the full URL 07:27 – Stop being so predictable! Using the same password for all your websites is just an open invitation to hackers 11:12 – Roman suggests checking your online bank accounts daily, in the morning, especially if you travel and swipe cards frequently in numerous locations 12:27 – Target practice? With digital threats constantly changing and evolving, small businesses need experienced, well-trained IT security providers to help protect systems 15:46 – Roman shares some more details about services that provide phish-attack testing for employees, and the process Right Networks uses for its own people Connect with Roman H. Kepczyk, CPA.CITP, CGMA Website: https://www.rightnetworks.com/roman-kepczyk Right Networks Blog: https://www.rightnetworks.com/blog/ Twitter: https://twitter.com/romancitp LinkedIn: https://www.linkedin.com/in/romankepczyk/ 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 . Meet Blake and David in person! October 22-25: Sage Intacct Advantage in Las Vegas October 29-30: AcuityCon in Atlanta November 5-8: QuickBooks Connect in San Jose November 5: Practice Ignition PreCon Party in San Jose November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Oct 18, 2019

Sponsors OnPay: https://cloudaccountingpodcast.promo/onpay Show Notes 00:56 – How much pain has the Tax Cuts and Jobs Act caused? | WSJ 01:29 – Blake left his heart in San Francisco , with Jirav, where he's now director of marketing 03:17 – Blake's excited to get back to his old stomping ground, helping educate CPAs, and small-biz accountants and bookkeepers 04:24 – Veem and Xero team up to offer a kinder, gentler, less-clunky invoicing system | CPA Practice Advisor 07:37 – While it's not the perfect AR/AP payment solution, David talks about some of the benefits of using a service like Checkbook.io 09:14 – Cruisin' on down the highway - QBO now offers mileage tracking | Insightful Accountant 09:57 – BQE Core is also offering mileage tracking | BQE 11:07 – David’s #1 prediction of 2019 comes true! 11:20 – Intuit and Visa are on the small-biz track, joining forces to offer instant deposits | Business Insider 12:16 – We’re not quite sure what we’re selling, but it’s in the TOS! | Intuit QuickBooks 12:25 – Thanks to Nina Casey for sending in this story, and offering her insights! 13:56 – Has Rich Preece left the Intuit building? 15:08 – Paro , a high-end accounting temp agency raises $10m in their latest round of funding | Accounting Today 17:58 – EasierAccounting.com , yet another new kid on the same ol’ AI-Accounting block? | Yahoo! 20:02 – Short story long , Expensify has launched “the world’s smartest corporate card! | CPA Practice Advisor 21:48 – Blake’s take on Expensify’s grassroots-y approach to marketing 25:50 – Brex teams up with Radius Bank to target those well-funded startups | PYMNTS.com 28:49 – Bank of America targets small business but misses the mark | Bank Innovation 31:02 – Mark your calendars! September 18th is now Bill.com Day in Houston! | CPA Practice Advisor 31:42 – Robinhood tightens their tights for another shot at banking | Bank Innovation 32:54 – Is Intuit overtaking Xero in the UK race? | Scoop Independent News 34:41 – Revolut is on the fast track to becoming Europe’s MVP in the fintech space | City A.M. 36:34 – The MyPayrollHR fallout continues | Albany Business Review 38:38 – Pioneer Bank , Michael Mann’s bank of choice, seems to be at a loss for useful words | Times Union 39:53 – New York State Department of Financial Services starts to gather intel in the search for missing payroll regulations | WSJ 42:13 – Bigger isn’t always smarter – More on California’s fiscal project fiasco | Government Technology 46:45 – The One-Percent crowd pays less taxes than the rest of us | Washington Post 47:32 – The rich keep getting richer, and the poor keeping being cheaper to audit | ProPublica 50:33 – The kiddos are raking in the allowance, with little to no savings to show for it | AICPA 55:42 – It’s time for reviews! Thanks to all our excellent listeners! 57:12 – Should Blake compose and perform the new Cloud Accounting Podcast theme song on his cello? Let us know what you think! 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 . Meet Blake and David in person! October 22-25: Sage Intacct Advantage in Las Vegas October 29-30: AcuityCon in Atlanta November 5-8: QuickBooks Connect in San Jose November 5: Practice Ignition PreCon Party in San Jose November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play:

Oct 17, 2019

Sponsors Right Networks: https://cloudaccountingpodcast.promo/rncloud Show Notes 00:48 – How can being a Bills fan ever be a bad choice? 01:40 – Fraudster Tip: If you're gonna steal the cash, stash it in your backyard! 02:36 – Dawn explains the geometry of fraud | ACFE 03:01 – The three steps leading to fraud - pressures, opportunity, and rationalization 04:55 – In the age of payroll automation, why do small-biz owners still insist on paying with paper checks? 05:26 – Time really is money, especially if your employees steal it 06:38 – Hook, line, and sinker, as a small-biz owner, you're fully liable for all tax obligations, regardless of whether you've been defrauded. 07:37 – Dawn says advisors are missing the mark when it comes to using the cloud and accounting apps 09:24 – Accountants and bookkeepers, assessing your clients' financial risk and providing suggestions for better internal controls should be a priority when it comes to adding value 12:48 – Table for two? Especially in smaller businesses, two or more employees make teamwork out of fraud 14:15 – The downside to all this super-efficient tech? It can make it super-easy to commit fraud 15:15 – Never take candy for your passwords! 21:29 – Why finding fraud is fun 23:05 – Forensic accounting - kicking ass and taking names is just part of the job description 25:46 – How to become a certified fraud examiner | ACFE 28:42 – Swearex 2019 Connect with Dawn LinkedIn https://www.linkedin.com/in/dawnbrolin/ Website https://powerfulaccounting.com/ Twitter https://twitter.com/dawnbrolin 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 . Meet Blake and David in person! October 22-25: Sage Intacct Advantage in Las Vegas October 29-30: AcuityCon in Atlanta November 5-8: QuickBooks Connect in San Jose November 5: Practice Ignition PreCon Party in San Jose November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose December 9-11: Digital CPA Conference in Seattle Limited edition shirts, stickers, and other necessities. TeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Oct 6, 2019

Sponsors BQE Core - http://cloudaccountingpodcast.promo/core Show Notes 01:01 – Jennifer is bringing more than debits and credits to her accounting courses at UT 01:50 – Aspiring cloud accountants, get yourselves acquainted with high-quality video-conferencing software, such as Zoom! 02:56 – New new reviews! 04:44 – News from beyond the Cloud Accounting Podcast Studios! 05:09 – Are smart speakers recording your every word ? | Consumer Reports 07:15 – Have we sacrificed our privacy for the sake of technological convenience? 11:21 – Caroline’s article relates back to our Sock-puppet discussion 11:48 – Does connection equal increased creativity? | Knowledge 12:54 – It's the newness of the person, their new information and new perspectives that inspires creativity. 13:36 – A substantial piece of David's work over the past decade is due to meeting new people on social media, however, he has yet to find the best way to balance digital distractions and real-world productivity 14:51 – Despite the negative aspects of social, it has opened up a wealth of possibilities for people to share, create, serve, and advance their professions 15:54 – David continually boosts his creative powers by accepting every LinkedIn invitation that comes his way! 17:17 – Be smart about building your personal brand, in order to make the best connections possible 17:44 – David highly recommends reading The Cluetrain Manifesto , and the 95 Theses, to learn more about the human connection to marketing, and social media 18:30 – Wanna boost your career? Stop lurking, start talking! 20:41 – Miguel's articles focus on job searches and hiring practices, such as background checks, as they pertain to social media: - When your social media presence affects your ability to land a job | PR Newswire - Social-media screening is the new norm for employers | Business News Daily - Social doesn’t tell a candidate’s entire story | Workforce - How useful is social-media screening ? | Backgroundchecks.com 22:26 – Saving face - If you wouldn't want the entire planet to see it, don't post it on social media, period. 23:51 – We're no longer able to lead separate work and personal lives anymore with the advent of social media. 27:33 – Think your private social channel is private forever? Think again, and then think about what you say there! 29:08 – Don't be afraid to talk about the things you do - hobbies, interests, activities - on social media. It gives potential employers a more well-rounded view of who you are and what you can do for them 30:01 – Accounting firms are looking for more than just accounting majors to build diversity within their firms | AccountingWEB 31:15 – Not to worry, though, up and coming accountants! As we discussed last week , there are still many accounting-related jobs available that offer top compensation and career opportunities! 32:36 – Are CPAs losing faith in the US economy? | AICPA 34:18 – Check out Sean Stein Smith's take on blockchain and accounting in episode 36 ] 35:05 – Cause for celebration ? WeWork's failed IPO is proof that the free market system work |AIER 35:18 – Numbers don't really lie ... WeWork's S-1 filing | CNBC 36:35 – Since the trends are heading towards automation, aspiring accountants and bookkeepers should focus on the value-added services they can provide to clients 38:37 – Make learning the technology and the tools your side gig, if you want to get ahead of the game! 40:02 – Learn all the tech tools, not just accounting-related ... Calendars, social media automation, website design to build up basic skill levels employers are seeking 41:14 – Carpe Diem! It's never been easier to start your own accounting or bookkeeping business, with very little upfront expense! 42:14 – Get the itch for a niche ... There are countless opportunities for specializing in the accounting and bookkeeping realm 43:38 – Blake doesn't think regulation will hit the advisory specialty in the near future. 44:32 – When in Texas, don't bother calling yourself an accountant, unless you've got the CPA designation to prove it. 44:43 – In Cali, however, anything goes ... Anyone can call themselves an accountant, no degree required. 46:11 – Traditional accounting will stand the test of time, even though some may venture into more 'futuristic' areas. It's really a matter of personal choice 48:09 – No more snooze-fest - Accounting and bookkeeping can be as exciting and fun as you make it Connect with Jennifer Email: jennifer.johnson@utdallas.edu LinkedIn: https://www.linkedin.com/in/jennifergjohnson Twitter: https://twitter.com/JENJOHNSONCPA 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 . Subscribe

Sep 29, 2019

Sponsors BQE Core: http://cloudaccountingpodcast.promo/core Show Notes 01:44 – Another five-star review! 02:52 – Some familiar faces made CPA Practice Advisor's 2019 40 Under 40 list | CPA Practice Advisor 04:10 – AICPA held a not-so-time-zone-inclusive webinar on diversity and inclusion | Accounting Today 04:59 – David's Home Away from Podcast, AutoEntry, just got acquired by Sage ! | Sage 07:18 – Better late than never - Blake finally files is taxes! 10:15 – Fyre Festival - Accounting Version | Financial Post 11:17 – Testing, testing … Is this thing on? CPA Canada failed to test its test-taking software before unleashing it on test-takers | Going Concern 14:45 – Wanna play with numbers AND carry a gun ? | Journal of Accountancy 14:56 – AICPA has released new standards for forensic accountants | AICPA 15:21 – Tipalti raises $76 million in a recent D funding round | CPA Practice Advisor 15:46 – Fundbox packs a bigger punch now with $176 million in Series-C funding | 17:23 – Speaking of Intuit, QuickBooks Online is now offering mileage tracking, and if adding some other performance-enhancing elements in its September round of updates | QuickBooks 19:31 – Not-so-thrifty glitch in TurboTax results in a $216 million tax bill for one probably very unsuspecting thrift-store employee | Forbes 21:53 – Out with the V, in with the X ... Microsoft ushers in a newer, shinier function for Excel | Microsoft 24:35 – Wells Fargo and Plaid's new data-sharing agreement gives customers even more data control | Bank Innovation 26:00 – BBVA wants to be a lover, not a fighter, using its Open Platform, and further innovation to help fintech startups | Bank Innovation 28:45 – Sharing the love, fintechs are pairing up with smaller banks to overcome the no-charter hurdle | L.A. Times 31:54 – It’s a numbers game – accounting-related positions are the best jobs to have in America! | MarketWatch 35:57 - A position that allows you to learn and move upward leads to the highest amount of job satisfaction 37:57 – Tech is top priority … Really, it is! | Deloitte Controllership Digest 40:11 -- Make sure you come back next week for more important survey results, like the third-quarter AICPA Economic Outlook Survey! 40:36 – The moment you've been waiting for! More news and insight on the MyPayroll fiasco! 41:32 – Meet two of the frontline reporters in the MyPayrollHR situation - Chelsea Diana, and Michael Williams 47:44 – It's important to note that there is no indication that the employees of MyPayrollHR knew what was going on. 49:16 – It's still not clear where all that money went, or if parties, like Cachet, who eventually covered the missing payroll, will be reimbursed 49:40 – Just how big of a tangled web did Michael Mann weave? 50:22 – At least three banks claim a combined loss of $36 million due to fraud, but did not name Mann, or MyPayrollHR in their disclosures 50:58 – This Michael actually laid eyes on that elusive Michael, and can confirm he is human, sort of ... 51:40 – The Big Chill - Mann's check-kiting antics resulted in frozen accounts at both Bank of America, and Pioneer Bank 52:55 – Mann, and MyPayrollHR's parent company, Valuewise, had their hands in a variety of business, ranging from staffing to healthcare, and beyond 57:22 – Though Mann has admitted to $70 million worth of fraud, it's up in the air what will happen next 59:27 – No matter Mann's motive for committing this fraud, the key takeaway for accountants and bookkeepers recommending payroll services to clients is to know exactly who you're dealing with! Connect with Our Guests! Michael Williams Website: https://www.timesunion.com/author/michael-williams/ Twitter: https://twitter.com/michaeldamianw?lang=en Chelsea Diana Website: https://www.bizjournals.com/albany/bio/25841/Chelsea+Diana LinkedIn: https://www.linkedin.com/in/chelsea-diana/ Twitter: https://twitter.com/AlbBizChelsea 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.l...

Sep 26, 2019

Sponsor Right Networks: https://cloudaccountingpodcast.promo/rncloud Show Notes 00:53 – Meet Dena Oberst, CEO of Gable Tax Group 01:45 – Meet Diane Yetter, president of Yetter Tax, and founder of the Sales Tax Institute 04:11 – Diane gives a brief overview of the South Dakota v. Wayfair decision | AICPA 05:26 – According to South Dakota, a business’s physical presence is less important than its economic presence 06:50 – You gotta get up pretty early in the morning to go hang with the Supreme Court crowd! 08:37 – Most states , except Kansas, have adopted the $200k/200 transaction threshold | TaxJar 09:55 – If a company sells through Amazon, or other major marketplace platforms, there's nowhere to hide. 10:45 – To be registered, or not to be registered – that is a huge question right now 14:50 – States are attempting to ease the burden on smaller sellers through Marketplace Facilitation laws | Bill Track 50 17:10 – With the constant changes to the sales tax laws, which can vary state by state, it’s imperative to constantly monitor thresholds, and transaction counts 21:47 -- Who has to file? Who doesn't? Who knows? All states have yet to reach a consensus regarding the particulars of the new sales tax laws 25:38 – While it’s a mess right now, Diane believes things will start falling into place in the next five years. 26:21 – Business is definitely booming for sales-tax specialists, and firms, such as Gable Tax Group as CPAs scramble to help their clients meet these new and ever-changing sales tax requirements 28:39 – Diane doesn’t foresee any interference from the federal government, because it would only cost them more money to jump into the fray 32:06 – While the states are mostly self-policing the workings of the sales tax laws, there are some states that still want to forge their own seemingly senseless paths 33:46 – Economic nexus applies to all companies, not just sellers of physical goods 34:35 – Accountants and bookkeepers might want to exercise some caution with add-on products and bundling, as it can create additional confusion, and taxation 38:22 – With the shift from a manufacturing to a service economy, states are on a mission to replace lost revenues 39:57 – As accounting and bookkeeping practices continue to expand services, education, and understanding of the sales tax laws is critical Connect with Our Guests Dena Oberst: https://www.linkedin.com/in/dena-oberst/ https://twitter.com/PasadenaDena https://twitter.com/gabletaxgroup Diane Yetter: https://www.linkedin.com/in/dianeyetter/ https://twitter.com/YetterTax https://twitter.com/SalesTaxInst SalesTaxInstitute.com/accountex2019 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Sep 25, 2019

Sponsors BQE Core: http://cloudaccountingpodcast.promo/core Rewind: http://cloudaccountingpodcast.promo/rewind Show Notes 01:46 – Reminiscing with Will 03:03 – Will talks about life after YouTube and living life with Gusto! 04:12 – It's time for reviews! 06:37 – MyPayrollHR 101 - The nutshell version 07:31 – Catch up on our recent coverage in episodes 112 and 114 07:55 – Mum's the word, Mann | Albany Business Review 08:34 – It's always important to be proactive, especially AFTER committing fraud ... 09:03 – The fallout begins ... Two class action suits filed against Cachet | Albany Business Review 12:12 – The misgivings of MyPayrollHR may shine a bad light on the accountants and bookkeepers who recommended the company to their own clients 14:05 – Will explains how Gusto protects itself from payroll tampering 16:21 – According to Will, a payroll provider's level of transparency dictates the level (if any) of notifications whenever something changes in the system. 19:01 – Is this call for regulation of the payroll industry going to put a damper on innovation ? | New York Post 22:01 – The MyPayrollHR debacle has exposed just how risky the ACH system really is 24:02 – WeWork - how something so right is going so wrong | Wall Street Journal 25:04 – A few flaws surfaced when WeWork went under the microscope 28:15 – WeWork's weak Wi-Fi woes | CNET 29:14 – Data security at WeWork isn't free. It'll cost you between $95 to $195 a month to keep your internet stuff to yourself! 30:35 – Guy Pearson’s Practice Ignition revs up with a $15 million raise and Stripe scores BIG with a $250 million round | TechCrunch 35:48 – Straight from Will's mouth - The Cloud Accounting Podcast - all the accounting and bookkeeping news you need to know! 38:53 – Stingy with your tips ? POS terminals are tracking your tipping habits | NYT 41:46 – According to Toast's 2019 stats, tipping is not practiced by the majority of patrons at cafes, and fast casual restaurants 45:42 – Ride-share customers tip significantly less than their dining counterparts 47:40 – Can your firm's client-retention rate make or break selling the firm ? | The Canadian Accountant 49:00 – Jump over to Episode 110 to learn more key factors for successfully selling your accounting or bookkeeping firm 49:35 – How small, rural firms possibly compete in the cloud accounting universe without reliable high-speed internet ? | LinkedIn 50:22 – It'll be another decade before the FCC implements the fourth wave of broadband internet to some 36,000 'unserved' homes and businesses across 16 states | Business News Daily Connect with Will Website: https://gusto.com/blog/author/will-lopez Twitter: @Zewillster LinkedIn: Will Lopez YouTube: https://www.youtube.com/c/advisorfitv 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Sep 19, 2019

Sponsor Podchaser: https://cloudacctpod.link/reviews Show Notes 01:41 – General Counsel Slavkin describes Cachet Financial Services as a sort of third-party vendor for payroll processing companies. 05:59 – Every ACH provider has their own patented process for payroll 06:45 – How MyPayrollHR’s owner, Michael Mann, did the deed, in technical detail 09:03 – Slavkin claims the assorted employee banks are to blame for the whole payment reversal fiasco 10:32 – According to Slavkin, banks have 60 days to either accept or reject reversal files 11:29 – Cachet eventually decided to return all funds to the affected employees, using their own funds 12:10 – Though Cachet covered the payroll, some employees have yet to receive their funds back 13:32 – Slavkin notes that employee banks are waiving overdraft and other fees related to this incident 14:18 – NACHA’s statement re payroll-deposit reversals | Personnel Today 14:38 – Slavkin doesn't agree with NACHA's claim about reversing payroll deposits. 16:21 – Lesson learned: ABC - Always Be Cautious ... Before the MyPayrollHR event, Cachet never had controls in place to detect fraudulent activity from the client side. Now, after the fact, they do. 18:56 – According to Slavkin, Pioneer Bank is holding at least some of their money "in trust" ... They just have to find a way to get it. 23:18 – Timeline of the aftermath – from discovery through contacting FBI and more 24:38 – Wall Street Journal reports that Mann is cooperating with the U.S. Attorney and FBI ... | The Wall Street Journal 25:02 – Where in the world is Michael Mann? Either nobody knows, or they're not saying 26:30 – Blood and turnips - Slavkin was unable to accomplish much of anything when she contacted the FBI for help 31:50 – Pioneer Bank – another victim ? | Times Union 33:30 – Was this a crime of desperation, or a crime of greed? Connect with Cachet Financial Services The Cachet Crisis Hotline number is 877-579-8557 Connect with Our Guest, Wendy Slavkin, General Counsel for Cachet Financial Services http://slavkinlaw.com https://twitter.com/slavkinLaw 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Sep 18, 2019

Sponsor Accounting & Finance Show LA: http://cloudaccountingpodcast.promo/accountingshowla Episode Notes 01:17 – The Cloud Accounting Podcast is gonna smoke Marijuana Daily in the iTunes charts, after this episode! 01:44 – A blunt history – how Bruce and Tom got started in the cannabis-accounting realm 02:50 – Bruce speaks to some of the challenges cannabis businesses face, when it comes to accounting 03:37 – The tables have turned when it comes to the types of clients served in a cannabis accounting firm 04:28 – How can accountants use cloud technology to help cannabis clients? 04:46 – Come hail or high water, Tom prefers hosted (cloud) solutions, such as QuickBooks Online and QuickBooks Enterprise to keep client data safe. 06:00 – One way to store your cannabis currency – PotCoin ? | Vox 06:16 – Bruce explains some of the many layers involved with reporting for cannabis clients. 08:26 – Since every move you make, as a cannabis business, needs to be tracked, the most efficient way to do so is with specialized seed-to-sale or track-and-trace software 09:18 – How to get your Metrc on … | SoftwareConnect 11:10 – Is there a QuickBooks Cannabis Edition out there? 11:16 – A few of the front runners in the seed-to-sale software space: Proteus 420 , BioTrackTHC , and LeafLogix 12:38 – There are separate licensing requirements for each phase of the cannabis industry, from cultivation to distribution 13:19 – Cannabis taxation - harshing your accounting and bookkeeping mellow, from the municipal to the state level. 14:46 – The full operation - seed to sale - has the most tax benefit for local agencies in California. 15:33 – If you want to set up shop in L.A, the city's Department of Cannabis Regulation Pre-app instructions and zoning tool will give you some direction 16:02 – One retail roadblock could get in the way - LA DCR only has another 150 retail licenses to offer, all with a preference toward social equity ... 16:27 – Another huge downside in the LA cannabis market is fierce and seemingly unfettered, or at least unlicensed, competition 17:07 – Is California's black-market cannabis winning the race? 17:32 – California takes a nearly 50-percent cut for assorted cannabis-related taxes, hanging cannabis businesses out to dry 19:10 – The CDTFA is more than happy to guide you through all the ways they'll take a hit off your revenues as a cannabis business owner 19:43 – Bruce breaks down the taxation and reporting process - from distribution to retail 21:06 – There's zero method to California's cannabis tax reporting madness, and no official guidance, either 22:22 – Cannabis users take note! If you're using for medicinal purposes, be sure to bring proof when you visit a retail cannabis store 25:23 – Accountants, do your cannabis clients a favor - learn, understand, and offer the tax piece , too! | Cannabis Industry Journal 26:14 -- Get some help - with the constant changes in the cannabis industry, with laws, regulations, taxes, and requirements, you need qualified, competent support for your cannabis accounting 28:32 – Cannabis accounting and bookkeeping skills are probably not as portable as other types. 30:14 – Who needs Starbucks, when there are pot brownies to be had? Connect with Our Guests Bruce Andersen, CPA: Websites - https://andersencpa.com/ and https://cannabiscpa.tax/ LinkedIn - https://www.linkedin.com/in/bruce-andersen-8788a59/ Thomas Andersen: Twitter - @TheOfficialTomA LinkedIn - linkedin.com/in/tomandersencbd 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Sep 15, 2019

Sponsors BQE CORE: http://cloudaccountingpodcast.promo/core Rewind: http://cloudaccountingpodcast.promo/rewind Show Notes 03:22 – MyPayrollHR's simplistic sayonara | Krebs on Security 05:40 – Some questions, some blame, a whole lotta wrath | SearchHRSoftware 07:28 – Governor Cuomo's statement | NYDFS 09:06 – Will the real Michael Mann please stand up? | TimesUnion 10:32 – a brief primer on how a payroll service processes a payroll 12:03 – Bait and switch ... MyPayrollHR redirected employer funds from the holding account to one of their internal accounts 16:02 – Really, Cachet? You're the ONLY victim? 17:05 – Apparently, Cachet needs bigger, louder, more neon-y warning signs when things are going awry with clients 19:21 – The FBI wants your intel , if you know anything about the MyPayrollHR situation. 20:58 – Breaking up isn’t hard to do when you do it with email , right? 23:17 – Payroll company using fraudulent means to report on fraudulent activities of another payroll company? Probably not the brightest bulb in the lamp ... 25:10 – Earlier this year, Key Bank was at the center of another payroll provider debacle | Albany Business Review 29:20 – Stop back next week for the latest intel on the ongoing MyPayrollHR melee! 29:37 – QuickBooks Live test-drives a new pricing tier based on the user's annual expenses | Firm of the Future 31:57 – Congratulations to Gusto for having cool workplace digs ! | Inc.com 32:46 – More on Clio's astronomical $250 million raise, straight from the CEO's mouth | LawSites 33:19 – Visor, the tax-prep company we talked about in Episode 70 , is still incognito 34:21 – Will California set precedent with AB-5 and shake up the gig economy ? | CalMatters 37:43 – Has anyone bothered to ask Cali gig workers whether they WANT to become part-time employees vs contractors? 38:37 – David sees this legislation as just another part of the innovation lifecycle running its course 40:40 – Madeline Pratt serves up some thought food on the shelf life of influencers | Fearless in Training 41:25 – As David promised, an assortment of links from LinkedIn, and a sampling of leaderboard-y goodness? from AccountingWEB: https://www.linkedin.com/feed/update/urn:li:activity:6577777378490109952 https://www.linkedin.com/feed/update/urn:li:activity:6577554625778581504 https://www.linkedin.com/feed/update/urn:li:activity:6575309489593954304 42:43 – Are influencers operating in an echo chamber? 45:49 – Last, but definitely not least, we got some new reviews in! 46:45 – Hear Blake's best interpretation of a smooth voice ... 47:12 – We did make a list ! Thanks to all our listeners, and reviewers for making it happen! 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Sep 12, 2019

Sponsors BQE Core: http://cloudaccountingpodcast.promo/core Rewind: http://cloudaccountingpodcast.promo/rewind Show Notes 01:21 – Jet lag does cause memory loss ... | ScienceDaily 01:39 – Thanks to everyone who made our trip to Boston for Accountex a success! 03:18 – Just a little off the top … Hit up Xerocon Brisbane for a trim 04:22 – If you need some insight about pricing, like our listener, Danielbreez , check out the Soul of Enterprise podcast, or read Ron Baker's book on the subject 05:32 – Xero’s small-biz ecosystem just got a little bigger | Voxy 08:12 – Xero revs up the bank engine, partnering with BP on their Australian fuel card program | CIO 09:03 – Clio blows the roof off of VC raises with a $250 MILLION round | The Globe and Mail 10:39 – How long before the other industry practice-management SaaS providers get off the bench and follow Clio's lead? 11:57 – Clio’s biggest competition is pen and paper? | Clio 14:17 – Could this be David's new side hustle - PBFaaS - Psychic Business Forecasting as a Service? 14:51 – Speaking of additional services, Square's got a new one - the Square EIN Assistant | Square 16:53 – Wake-up call - SaaS providers are starting to fill gaps where accountants and bookkeepers fall short. 18:11 – Former guest, Sabrina Parsons of LivePlan , tackles yet another challenge - sitting on the board of directors for Oregon Pacific Bank | Insightful Accountant 18:44 – Blake and David are significantly less than whelmed with QuickBooks Desktop's new features for 2020 20:27 – SmartBooks introduces a new practice-management workflow tool - Blake-approved! | PYMNTS.com 22:35 – Ireland-based Surf Accounts catches a wave (of BS?) into the U.S. market | Insightful Accountant 23:43 – M&A is hot, hot, hot ... according to surveyed tax and accounting professionals | CPA Trendlines 24:46 – Is this a buyer's or seller's market? Check out Ep. 110 to hear some expert opinions! 25:28 – Payroll-advance apps, like Earnin, are starting to face regulatory scrutiny | PYMNTS.com 26:59 – Breaking News Alert! We've got early details on the mystery of the missing MyPayrollHR company (and even more to come in the next episode !) 27:49 – “The whole place is going nuts!” Is this the payroll-processing version of Boiler Room ? 29:24 – Governor Cuomo's statement re: MyPayrollHR | Albany Business Review 32:57 – Before we go, though, check THIS out! The LG G8X ThinQ Dual Screen phone ! | Digital Trends 33:22 – Let us know if you've got some intel on the MyPayrollHR 'scandal', and also, whether you prefer one episode at a time, or want us to drop a bunch for your binge-listening enjoyment! 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Sep 9, 2019

Sponsor Accounting & Finance Show: http://cloudaccountingpodcast.promo/accountingshowla Show Notes 00:32 -- Greetings from sunny L.A. and the Accounting and Finance Show! 01:33 -- Podcasting - Blake's gift to the world! 01:49 -- Meet Shannon Hay, VP at Live Oak Bank 02:44 -- Meet Dr. Curtis Cochran, President/CEO of Cochran Consulting 03:42 -- Why Cochran gives every new client a thorough exam 05:45 -- What are the key considerations for selling your accounting firm? 06:44 -- Are you worth less if you don't have your head, or your book of business in the cloud? 07:09 -- Shannon talks valuation and the many variables involved 09:27 -- Evaluating an accounting or bookkeeping firm's worth is an art, not a science 10:37 -- It's a numbers game. The gentlemen discuss multiples 11:55 -- Curtis argues that annual cash flow is a better determinant of value than gross revenue 13:26 -- Why sell? Shannon talks about the various reasons firm owners want out 15:59 -- One-stop shopping is not just for Amazon. Accounting and bookkeeping clients want more than just the basics 17:37 -- Want to start your own accounting firm? Odds are stacked in your favor, if you have the right combination of knowledge, tech, and exceptional customer service 18:25 -- Buyer's market or seller's market? Our guests have differing points of view 19:33 -- Shannon believes many boomer firm owners still haven't decided to take their leave yet 20:26 -- The young guns aren't buying up accounting firms. A growing consensus of younger accountants thinks it's easier to just steal clients away 22:25 -- Don't wait til it's too late. Even if you didn't start your firm with the finish line in mind, now is the time to get that exit plan in place! 24:21 -- Buyers need to see the potential, not the past 27:01 -- If you are sans exit plan, you're not alone. A fair number of large and small companies don't have one either Connect with Our Panelists Dr. Curtis Cochran (President/CEO of Cochran Consulting): https://www.linkedin.com/in/ccochranconsulting/ Shannon Hay (Vice President, Accounting and Tax at Live Oak Bank): https://www.linkedin.com/in/shannon-hay-1b6bb88/ 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Sep 7, 2019

Sponsors BQE Core: http://cloudaccountingpodcast.promo/core Rewind: http://cloudaccountingpodcast.promo/rewind Show Notes 01:25 – Why enjoy a nice relaxing Labor Day weekend, when you can go camping instead? 03:30 – Why are sock puppets writing accounting articles? 05:23 -- Blake talks about how to suss out sock puppets on LinkedIn, and teaches us how to do a Google Image Search 08:35 -- Time to clean house on your LinkedIn profile? | LinkedIn 12:30 -- Something’s rotten in the state of accounting content | Leary Theory on Revue 13:13 -- According to a NY Times article, China is using LinkedIn for less altruistic purposes | New York Times 14:06 -- Why do human work, when you can pretend to be a robot? | WSJ 16:45 -- Walmart one-ups UPS and sends their accounting jobs, some 600 of them, to India | Breitbart 18:51 -- Get your Sage accounting advice Down Under - Intacct opens in Australia | Accounting Today 20:04 -- The subscription economy grows again – Chargebee raise $14M in Series D round | Chargebee 20:30 -- AvidXchange is cozying up to banks with their acquisition of BankTEL | Verdict 21:43 -- Going with the flow , Tesorio (think “Mint for Business”) raises $10M in a Series A round | TechCrunch 23:46 -- Intuit’s TSheets is losing the Race to Zero with increased user fees later this month | TSheets 26:32 -- Might be time to think outside the Box … | WSJ 29:18 -- Listeners – Are you using cloud storage, specifically Box, or Dropbox? Inquiring hosts want to know! 30:57 -- Vanguard Active Funds Struggle to Beat the Market | Money 33:32 -- What to do when your cloud breaks | Journal of Accountancy 35:52 -- ABC – Always Backup your Cloud! Just because it’s in the cloud, doesn’t necessarily mean your data is backed up! 36:40 -- Not even your teeth are safe from ransomware attacks! | Krebs on Security 37:55 -- Is your cyber insurance making you vulnerable to ransomware attacks? | ProPublica 39:18 -- A deeper dive into the ransomware/insurance connection | ProPublica 40:01 -- It’s not what you do, it’s why you do it | CPA Trendlines 43:43 -- Survey says: so long soft skills, bring on the tech! | Accounting Today 45:51 -- News of the Weird: Liberty Tax, Sears Hometown, and Vitamin Shoppe make strange bedfellows ! 48:43 -- Sock-puppet-free, REAL awesome reviews! 51:56 -- Blake and David are Boston-bound for Accountex 2019 ! 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Aug 30, 2019

Sponsors BQE CORE: http://cloudaccountingpodcast.promo/core Sign up for Inclusion Without Assimilation , an event for for finance, accounting, and fintech, in Boston, on Friday, September 6 from 9 AM to 11:30 AM EDT at the WeWork at 501 Boylston Street. Show Notes 00:22 – Can you charge premium fees if you call yourself a bookkeeper? 01:11 – What are the odds that David will escape federal grand jury duty and get to attend Accountex 2019? 02:56 – Meghan shares the inspiration behind the Inclusion Without Assimilation - Encouraging Diversity and Inclusion within the Accounting, Finance and Fintech world event , featuring some of The Cloud Accounting Podcast’s former guests – Jina Etienne , and Nayo Carter-Gray 07:57 – The reviews are in! David and Blake run down some more reviews of the show from iTunes and Podchaser 10:37 – Intuit’s ecosystem, and revenue continue to grow, according to their latest earnings report | Intuit 13:20 – Well, they do say imitation is the sincerest form of flattery .. QuickBooks’ latest addition, employee benefits options , looks a lot like Gusto’s product offering | Intuit QuickBooks 15:07 – The Xero-OnPay partnership - in search of a bountiful harvest from the ag industry | Xero Blog 15:32 – In light of Expensify’s recent CPE-credit offering , Blake explains why this might be a no-brainer when it comes to increasing engagement | Business Wire 18:07 – Cash – more than $6 billion of it - is still king in some of Uber’s global locations | MarketWatch 21:31 – Strategic move or smokescreen? UPS eliminates 60+ accounting jobs in Texas | The Dallas Morning News 24:13 – Tax preparers who don’t raise their rates are leaving a load of money on the table | Accounting Today 26:15 -- Meghan talks about changing the scope of services along with raising rates, and why bookkeepers are typically the first to try out new strategies, like perpetual accounting | CPA Practice Advisor 27:55 – 34.3 billion reasons the IRS needs a bigger budget | Indiana University 29:07 -- Why Matt Paff ( another former CAP guest ) is showing MYOB the door | LinkedIn 30:53 – In the aftermath of last week’s WeWork discussion , a listener, Amy Walker, CPA, shared how she’s witnessed coworking spaces, like WeWork, evolve into more of an enterprise solution 32:55 – A Work-from-Anywhere strategy benefits both companies and their employees | Harvard Business Review 34:43 – Can help desk software help accounting firms help their customers? | Future Firm 37:19 If you’re not into more software, Blake, David, and Meghan share some other strategies for tackling customer service 39:00 – Bookkeepers, who’s really your client ? Why there’s more value-add when books are done for the business, not just the tax return | AccountingWEB Connect with Meghan Blair-Valero Twitter: https://twitter.com/FoggedInbooks LinkedIn: https://www.linkedin.com/in/meghan-blair-valero-6825b11b/ 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Aug 27, 2019

Sponsors Halon Tax: http://cloudaccountingpodcast.promo/halontax TOA Global: http://cloudaccountingpodcast.promo/toaglobal LivePlan: http://cloudaccountingpodcast.promo/lpbootcamp Show Notes We asked the question - What is Advisory? See the responses below in the transcript! Connect with Some Respondents! Melissa Mullett - Veem | LinkedIn Patti Scharf - Catching Clouds | Website Wayne Schmidt - TOA Global | Twitter Brooks Wheatley - System Six Bookkeeping | Website Nury Saenz - H&R Block Franchise Owner | LinkedIn Aaron Berson - VRTL | LinkedIn Elliott Brown - OnPay | LinkedIn Christine Walsh - Walsh Accounting Solutions, LLC | LinkedIn Liz Farr - Farr Communications | LinkedIn Andy Burner - Xero | LinkedIn Stephanie Holt - Cloud Accounting & Consulting, Inc | LinkedIn Scott Scharf - Catch Clouds | Website Chris Rogers - BookWerks | Website Gonzalo Alvarez de Toledo - Contabi Alliance | Website Jay Kimelman - The Digital CPA | Website Joel Lacayo - ATAX | LinkedIn Matt Donaldson - Rippling | LinkedIn Guy Pearson - Practice Ignition | Twitter | Website | LinkedIn Brooke Roberts - ProfitSee | Website | LinkedIn Jose Zavala - ZTX Advisors | Website | LinkedIn Thomas Casey - Xero | LinkedIn Sasha Hryciuk - Loft47 | Website | LinkedIn Tracy Simmons - Loft47 | LinkedIn Dan Shively - Spotlight Reporting | Website | LinkedIn Dan Young - Xero | LinkedIn Kelly Bistriceanu - CollBox | LinkedIn Jeff Phillips - Accountingfly | LinkedIn Jason Staats - Brenner, LLP | Website | LinkedIn Brian Hershman - Buck Stops Here Accounting | Website | LinkedIn Ranica Arrowsmith - Accounting Today | Website | Twitter 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Aug 26, 2019

Sponsors LivePlan: http://cloudaccountingpodcast.promo/lpbootcamp Halon Tax: http://cloudaccountingpodcast.promo/halontax TOA Global: http://cloudaccountingpodcast.promo/toaglobal Show Notes 00:57 – Meet one of the Two Jamies - Jamie McDonald, Executive GM, Product, Accounting and Global Services at Xero 01:44 – Jamie M talks career, and his new promotion 02:45 – What’s ahead for Hubdoc? Jamie M discusses the acquisition, some of Hubdoc’s newest time-saving features, and plans for building a more powerful platform 05:10 – Jamie M talks about Hubdoc’s global positioning and how working across multiple time zones is maybe his least favorite part of his job 05:57 – Touching on the Xero-Stripe integration – one more way to save time and eliminate headaches 07:31 – Keys to being successfully acquired – show up everywhere, listen, really listen, do lots of stuff that adds value, repeat 10:14 – The other Jamie, Hubdoc Co-Founder and Co-CEO, arrives! 11:00 – Has fetching docs (Hubdoc’s forte) become a new pain point for accountants and bookkeepers? 13:15 – Do we really want to live in a world without bank feeds? Why said feeds and fetching soar above the manual-entry alternative 16:15 – Jamie M talks about the potential for new business with the plethora of US banks and how Hubdoc is focusing on building an innovative, powerful, and reliable API that targets the accounting, bookkeeping community 17:58 – Jamie S pontificates on how the new Wow moment – machine learning – is helping offset some of Hubdoc’s challenges with fetching 19:14 – Here’s to another 10 years (and more) of success! Connect with Jamie McDonald LinkedIn: https://www.linkedin.com/in/jamiemcdonald/ Twitter: https://twitter.com/jamiemcdonald Connect with Jamie Shulman LinkedIn: https://www.linkedin.com/in/jamieshulman/ Twitter: https://twitter.com/JamieShulman 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Aug 19, 2019

Sponsors BQE CORE - http://cloudaccountingpodcast.promo/core Rewind.io - http://cloudaccountingpodcast.promo/rewind Show Notes 01:25 – Happy Birthday, Blake! 03:26 – David takes QuickBooks Online Accountant for a spin the real world 05:30 – The new titanium-flavored Apple Card – all hype, no substance? | ZDNet 07:45 – A few of QBOA’s underperforming features - the Accountants Apps Program and Slack - are getting the boot as Intuit keeps searching for a more perfect integration 12:04 – Xero’s Marketplace gets a new look, and some shiny new toys! | Digital First *Correction: Jonathan Misfud is the author of this Digital First article. Blake mistakenly credited Sholto Macpherson. Apologies for the mix-up! 14:03 – Is Square biting off more than they’ll eventually be able to chew? Square is taking a bite out of the hassle of managing a multitude of third-party food-delivery orders with their new orders platform | Square With constant development of new tools, APIs, and features , Square aims to be the middleman between everything from orders to accounting systems. 18:18 – Meet the winners of CPA Practice Advisor’s Tax & Accounting Technology Innovation Awards , which includes a win for BQE Software – one of our sponsors. If you missed it earlier this year, check out our interview with CEO Shafat Qazi, and an excellent demo of BQE’s award-winning Core Intelligence AI . 24:05 – No magic here, just smoke and mirrors – yet another AI startup, Engineer.ai, is less than straightforward about human v. AI workload | The Verge 27:14 – What’s behind the allure of hiring non-accounting grads at CPA firms ? Expansion of services, requiring more skill-diversified staffs, or the declining quality of a formal accounting education? | Journal of Accountancy 30:29 – The high cost of being an ethical, and skilled auditor – an eight-percent reduction in fees? | Accounting Today 35:14 – “We” is getting people Worked up over their IPO, some wonky financials, and their standard operating procedure | LinkedIn 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Aug 15, 2019

Sponsors BQE CORE - http://cloudaccountingpodcast.promo/core REWIND.io - http://cloudaccountingpodcast.promo/rewind Show Notes 01:38 – Welcome Ben Wann, CMA, CPA, and MBA to the show! 02:39 – Notable industry departures: Matt Rissell exits TSheets amidst some corporate remodeling | BoiseDev Jennifer Warawa parts ways with Sage and the accounting industry | Accounting Today Blake Oliver departs FloQast | LinkedIn 07:46 – Seriously, you are not a tree. Move around! How career expectations have shifted from taking root in one job for decades to seeking new opportunities on the regular 11:08 – VC fundraising activity: FreshBooks raises " most significant investment so far " from JPMorgan Chase | BetaKit ScaleFactor continues to rake in some serious VC coin | Crunchbase 21:05 – Ben reads us a story: “ Dear AICPA! I Wrote Your Concession Letter ” and explains why he is bullish on the CMA versus the CPA after obtaining both 28:44 – Speaking of designations, where have all the CPA candidates gone ? | CPA.com 33:53 – According to a June ADP survey, 25 percent of accounting professionals surveyed said they would not recommend young accountants get a CPA license, or seek some other credential or advanced degree 35:50 – Ben talks about cheese, business process improvement, finance business partnering, and how new technology drives him to educate and help people navigate the constantly shifting accounting landscape 39:00 – Yet another way to Crunch some numbers with the help of freelancers | SmallBusiness.co.uk 42:23 – Something’s phishy … More updates on the iNSYNQ ransomware snafu | Krebs on Security 47:41 – Armanino goes full crypto – first with a range of blockchain services, and now accepting payment via all forms of cryptocurrency | Armanino, LLP Connect with Ben Website: The Numbers Guys Twitter: @BenWann_CMA LinkedIn: Ben Wann, CMA, MBA, CPA Udemy: Ben Wann | Process Improvement Specialist-Accounting/Finance YouTube: Ben Wann 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Aug 13, 2019

Sponsor LivePlan: http://cloudaccountingpodcast.promo/lpbootcamp Show Notes 00:31 – A personal word of thanks to our sponsors 01:00 – Sabrina and Kathy define advisory from their perspective 03:05 – Finding the why - Asking the right questions to help build a strong advisory service 07:01 – Another model of combining bookkeeping and advisory - former guest, Kenji Kuramoto 10:22 – Worth repeating: Bookkeeping is not what creates value in the mind of the business owner 11:37 – Adapt or die ... Stop fighting AI and get creative 13:29 – Sometimes Kool-Aid is good. Sabrina breaks down the myth that strategic planning is not a small-business imperative 15:14 – Want to take your client-advisory skills to the next level? The LivePlan Client Advisory Services Boot Camp is just what you need! 16:41 – For small businesses that don't have the budget for CFO-level help, there are endless opportunities for accountants skilled in strategic planning and advisory 19:10 – When you've got the 'who, what, where, and why,' LivePlan gives you the 'how' 19:53 – Kathy shares the inspiration behind LivePlan and describes some key features 22:08 – LivePlan is launching a new QuickBooks Desktop Beta. If you're interested in taking part, visit LivePlan.com/strategicadvisors to learn more 25:16 – LivePlan offers tools that remove the complications and make it easy for small business owners to work alongside their accountants 27:15 – Why Palo Alto transformed from desktop to cloud, and how they found the method to their madness within their own method - LivePlan 31:53 – How does Palo Alto Software stay profitable, and continue to reinvest in its own growth? Strategic planning 34:07 – Sabrina give a brief glimpse into her side gig - advocating for working moms and working families and how it took her to the White House more than once Connect with Sabrina and Kathy Email: accountants@liveplan.com Website: LivePlan.com Twitter - LivePlan: @LivePlanSA Twitter - Sabrina: @mommyceo LinkedIn - Sabrina: https://www.linkedin.com/in/sabrinaparsons Twitter - Kathy: @KathyGregory1 LinkedIn - Kathy: https://www.linkedin.com/in/kathy-gregory-821525112/ 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Aug 10, 2019

Sponsors BQE CORE: http://cloudaccountingpodcast.promo/core Show Notes 00:08 – Blake and David talk politics for a brief moment in time ... 00:47 – While Andrew Yang has a touch of bot-phobia, he's the only 2020 presidential candidate talking AI in any meaningful way. 01:24 – Yang's take on "reality TV" style elections |The Hill 02:04 – What it takes to hit the debate stage | NYTimes 04:34 – The ransomware wars go mainstream, when the latest attack on QuickBooks hits "action" news channels, like News 6 in Orlando | ClickOrlando.com 06:49 – Hackers are buying kits designed to specifically target QuickBooks Desktop data files | Healthcare Info Security 07:30 – Ransomware rebuilds - new business opportunity for accountants? 09:10 – How many accounting firms suffer ransomware attacks and stay silent about it to save face? 11:37 – Backing up the backups of your backups, and then backing those up on a regular basis is one way to mitigate ransomware damage 12:47 – LinkedIn adds some new marketing tools to help small accounting businesses boost their visibility on the platform business | Accounting Today 14:47 – Ain't nobody got time for updating multiple social sites when you're trying to run and grow your accounting business. David challenges app developers to create an app that's up to the social-media management task 16:49 – Intuit has added a new role in the TurboTax Live arena - tax associate - to assist credentialed agents with a variety of tax-related tasks |Intuit ProConnect 18:18 – QuickBooks Live finally has a landing page all its own , and they're celebrating by offering a free 30-minute consultation! | Intuit QuickBooks 19:13 – What exactly is QuickBooks Live? Short answer: Uber for bookkeeping 20:48 – Intuit provides an actual demo of the QuickBooks Live service in their new add, narrated by Danny DeVito 22:30 – Blake Oliver - Voiceover talent for hire! 23:56 – Does your firm utilize collab tools that include instant messaging? | CPA Trendlines 26:15 – Google Sheets ups its game with some new tools - Slicers, Scorecard Charts, and themes - to create more effective data visualization | Android Police 28:10 – The Federal Reserve wants to create its own instant-payments system , much to the chagrin of the Big Banks | Politico 29:31 – Open call to Elizabeth Warren - Make an appearance on The Cloud Accounting Podcast! 30:38 – Square doubles down on its ecosystem plays | Bank Innovation 32:30 – More talk on Andrew Yang’s automation/disruption platform and why the concept of universal basic income could be beneficial 33:40 – You say you want a revolution? In June 2019, thousands of LA dockworkers marched against the rise of the robots | CNN Business 34:58 – According to a Pew Research Survey, 85 percent of Americans support policies for robot restriction 35:38 – It’s gonna get far worse, before it gets better. Blake talks about history repeating itself, and how the future may not be so bright for millions of workers in industries embracing automation 37:59 – With a reported 40 to 50 percent of accounting work that can be automated, accountants and bookkeepers sit at the top of the list of those who could be replaced by machine counterparts 41:11 – As automation and constant change becomes the norm, how do we tell our kids what to be when they grow up, when the jobs of today may not even exist by the time they enter the workforce? Perhaps investing in education and lifelong learning is the key 43:05 – What do you really think? Give us your issues, your ideas, your suggestions, and even your complaints! 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 . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Aug 6, 2019

Sponsors Halon Tax: http://cloudaccountingpodcast.promo/halontax TOA Global: http://cloudaccountingpodcast.promo/toaglobal LivePlan: http://cloudaccountingpodcast.promo/liveplan Shownotes 02:25 – Shawn explains the difference between a linear accountant and an exponential accountant 04:24 – Get stuff done! Embracing the gig economy with a Fiverr experiment 05:36 – Shawn shares some career background - from CPA to disruption strategist 07:37 – Accountants currently have a 94-percent chance of being automated 10:15 – Winter is coming! If your firm doesn’t get with the cloud, you may get left out in the cold 11:18 – According to Hinge Marketing, in accounting, 25 percent of firms are eating all the growth ( https://hingemarketing.com/library/article/2018-high-growth-study-accounting-financial-services-edition-executive-summary ) 13:45 – According to Shawn, the accounting firms that chase relevance and stay on the leading edge will win the race 14:26 – Blake and Shawn talk about how Xero is breathing some rock-star-level life into the accounting industry 16:31 – If accounting is on the cutting edge of disruption, why are so many firms still using Excel as their primary record-keeping system? 19:12 – How Intuit leveraged disruption to increase marketshare 21:16 – The Xero-Stripe Partnership ( https://www.pymnts.com/news/partnerships-acquisitions/2019/xero-stripe-team-small-biz-payments/ ) 24:10 – The more you build out your ecosystem, through integrations and partnerships, the more value you bring to your clients 27:12 – Ball's in your court ... Are you brave enough to face an accounting world without billable hours? 30:03 – If you want to change the trajectory of your firm and move it towards the cloud, try taking a risk 32:40 – How can accounting bring its sexy back? 34:11 – Shawn shares some secrets to becoming a great storyteller and public speaker Connect with Shawn Website: https://www.shawnkanungo.com/ LinkedIn: https://www.linkedin.com/in/shawnkanungo Facebook: https://www.facebook.com/shawnkanungo Twitter: https://twitter.com/shawnkanungo Get in Touch Thanks for listening! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and, if you like what you hear, do us a favor and write a review on iTunes . Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Aug 1, 2019

Sponsors BQE CORE - http://cloudaccountingpodcast.promo/core Rewind.io - http://cloudaccountingpodcast.promo/rewind Show Notes 02:23 – Blake and David recap the ongoing iNSYNQ ransomware debacle 03:07 – Official iNSYNQ ransomware update ( https://www.insynq.com/support/#status ) 04:00 – iNSYNQ feedback from unhappy Tweeters 05:12 – Homeland Security's October 2018 warning about possible ransomware attacks ( https://www.msspalert.com/cybersecurity-news/dhs-warning-msps-csps/ ) 06:18 – Tweeting with iNSYNQ CEO Elliot Luchansky on 7/23 before he backed out of the interview ( https://twitter.com/BlakeTOliver/status/1153550898435485696?s=20 ) 08:21 – Get a clue - You can't control the conversation 08:59 – Should Intuit do more to protect customer data? ( http://www.intuithostingprogram.com/authorized_hosts.php ) 11:01 – From the Intuit Hosting Program FAQs - "The Commercial and Standard Hosts who participate in the program are solely responsible for the security, privacy, availability and backup of QuickBooks data files and the software that they host, in accordance with their end user hosting service agreements" ( http://www.intuithostingprogram.com/faqs.php ) 12:40 – Meanwhile, on Apps.com, out of 650 apps, only one has been breached 13:36 – Wake-up call to hosting providers ( https://www.channele2e.com/news/msp-judgment-day/ ) 14:14 – Blake's take on the iNSYNQ Situation 15:28 – Jack Newton on the "unholy combination" of cloud and on-prem technologies - ( https://twitter.com/jack_newton/status/1154368009906970625 ) 16:51 – Slightly ironic? Five Ways to Avoid a Ransomware Attack ( https://www.insynq.com/blog/5-ways-to-avoid-a-ransomware-attack/ ) 17:27 – Rachel sheds light on some of Sage's cloud and desktop hosting elements 22:30 – How "Six Ways How Cloud Computing Improves Accounting Practices" confuses the issue of cloud v. desktop ( https://www.hostreview.com/blog/190723-6-ways-how-cloud-computing-improves-accounting-practices ) 24:56 – Rachel talks about MindBridge, and the benefits of using AI for audits 28:15 – Part of MindBridge's successful marketing campaign ( https://www.mindbridge.ai/university-alliance-alumni/ ) 32:44 – According to Michael Izza, ICAEW Chief Executive, the auditing profession needs to "be prepared to think and act differently" ( https://www.cpacanada.ca/en/news/pivot-magazine/2018-08-28-michael-izza-interview ) 34:04 – Words of wisdom for auditors ( https://www.cpacanada.ca/en/news/pivot-magazine/2019-02-26-mindbridge-ai-auditing ) 35:35 – Where IS the best place to find top-level accounting talent? ( https://www.accountingtoday.com/opinion/where-should-you-be-looking-for-top-accounting-talent ) 37:36 – The IRS issues some 10,000 gentle reminders about cryptocurrency filing obligations ( https://www.journalofaccountancy.com/news/2019/jul/virtual-currency-irs-filing-201921691.html ) 38:30 – How to pay your $3 million IRS bill in cash ( https://www.foxbusiness.com/politics/pot-company-ceo-tax-bill-cash ) 40:19 – Expensify takes home some bling for its 2019 Super Bowl 2 Chainz video ( https://www.accountingtoday.com/news/expensify-wins-big-in-cannes-for-2-chainz-video ) 43:08 – Using Microsoft Excel’s Power Query might leave you vulnerable to malware attacks ( https://www.zdnet.com/article/microsoft-excel-power-query-feature-can-be-abused-for-malware-distribution/ ) 44:16 – SMB lender OnDeck wants to become a bank ( https://bankinnovation.net/allposts/operations/comp-reg/smb-lender-ondeck-actively-pursuing-bank-charter/ ) 45:26 – Lendio, another SMB player, acquires Billy, a cloud-accounting app, rebranding it as Sunrise, perhaps offering a ‘light’ alternative to QBO and Xero ( https://smallbiztrends.com/2019/07/sunrise-bookkeeping-app.html ) 47:37 – California wants to increase truth-in-lending protections for small business borrowers ( https://www.pymnts.com/loans/2019/california-proposed-business-lending-rules-draw-support/ ) 49:30 – 59 percent of larger firms still haven’t tackled payment automation ( https://www.pymnts.com/news/payments-innovation/2019/mastercard-on-tackling-ap-automation-last-mile/ ) 51:24 – Gusto’s Series-D round raises $200 million for East Coast expansion and continued development on its Flexible Pay feature ( https://techcrunch.com/2019/07/24/smb-payroll-startup-gusto-raises-200m-series-d-plans-rd-expansion-to-nyc/ ) Connect with Rachel Rachel Fisch on Twitter: @FischBooks LinkedIn: Rachel Fisch, CPB Get in Touch Thanks for listening! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and, if you like what you hear, do us a favor and write a review on iTunes . Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher O...

Jul 31, 2019

Sponsors LivePlan: http://cloudaccountingpodcast.promo/liveplan HalonTax: http://cloudaccountingpodcast.promo/halontax TOA Global: http://cloudaccountingpodcast.promo/toaglobal Show Notes 00:56 – Welcome to The Cloud Accounting Podcast 01:06 – David's at Scaling New Heights 01:38 – Mayumi talks about life before CPA MOMS® 03:13 – Why CPA MOMS® wants to be the “eHarmony” of the accounting world 05:45 – How CPA MOMS® helps its mompreneurs – the CPA Moms – provide top-level service to entrepreneurs 08:25 – Why CPA MOMS® is the perfect fit for military spouses and other remote or virtual service providers 09:44 – Thanks to our sponsor, Halon Tax , you can provide a little peace of mind to your small business clients! 11:11 – How gender, and location affect pricing for CPA services. 12:42 – Mayumi explains why accountants and bookkeepers are becoming the bookends of technology. 15:15 – What is Society 5.0 and how will it make our lives better? 16:52 – Comparing Society 5.0 and the Information Age – which one wins? 18:38 – When will we see CPA DADS? 19:39 – Visit the CPA MOMS® to learn more about the company, find a wealth of resources, and discover your CPA pathway Connect with Mayumi @MayumiYoung on Twitter https://twitter.com/MayumiYoung Mayumi Young, CPA https://www.linkedin.com/in/mayumiyoung/ Connect with CPA MOMS® CPA MOMS® Website https://cpa-moms.com/ CPA MOMS® on Facebook https://www.facebook.com/cpamoms CPA MOMS® on Twitter https://twitter.com/cpamoms Get in Touch Thanks for listening! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and, if you like what you hear, do us a favor and write a review on iTunes . Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Jul 25, 2019

This episode was recorded live at the Accounting & Finance Show LA at the Los Angeles Convention Center on July 24, 2019. Sponsor Accounting & Finance Show LA: http://cloudaccountingpodcast.promo/accountingshowla Show Notes 02:31 — QuickBooks Cloud Hosting Firm iNSYNQ Hit in Ransomware Attack — Krebs on Security ( https://krebsonsecurity.com/2019/07/quickbooks-cloud-hosting-firm-insynq-hit-in-ransomware-attack/ ) 09:50 — Trump’s Tax Law Threatened TurboTax’s Profits. So the Company Started Charging the Disabled, the Unemployed and Students. — ProPublica ( https://www.propublica.org/article/trump-tax-law-threatened-turbotax-profits-started-charging-disabled-unemployed-and-students ) 13:42 — SURVEY: 60% of Firms Employ Remote Access Tools ( https://cpatrendlines.com/2019/07/14/survey-60-of-firms-employ-remote-access-tools/ ) 16:22 — About Marie Phillips, CPA ( https://www.linkedin.com/in/phillipsmarie/ ) 19:28 — Here's where you can have a 4-day work week. Is this the next big thing? ( https://www.usatoday.com/story/money/2019/07/17/jobs-4-day-work-week-next-bif-thing/1748695001/ ) 24:58 — The problem(s) with timesheets 32:00 — About Jennie Taber, CPA: ( https://www.linkedin.com/in/jennie-taber-cpa-778408120/ ) Connect with Marie Marie Phillips, CPA: https://www.linkedin.com/in/phillipsmarie/ Gursey | Schneider LLP: https://www.gursey.com/ Connect with Jennie Jennie Taber, CPA: https://www.linkedin.com/in/jennie-taber-cpa-778408120/ Armanino LLP: https://www.armaninollp.com/ Get in Touch Thanks for listening! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and, if you like what you hear, do us a favor and write a review on iTunes . Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Jul 20, 2019

Sponsors TOA Global: http://cloudaccountingpodcast.promo/toaglobal LivePlan: http://cloudaccountingpodcast.promo/liveplan Halon Tax: http://cloudaccountingpodcast.promo/halontax Show Notes 1:20 - Ben’s view of advisory and where it fits in with compliance 4:36 - What is Ben’s biggest challenge in his role as VP of Business Growth in the Americas? 5:53 - The importance of book-to-tax workflow 8:23 - Ben’s background (how he got to be where he’s at) 10:28 - The problem with going too far into the future with sessions at conferences (thought leaders are scaring firms about blockchain when hardly anybody is using it yet) 12:38 - The biggest barrier to innovation for large accounting firms in the United States 15:10 - What if accountants just focused on their processes? Connect with Ben LinkedIn: https://www.linkedin.com/in/ben-richmond-ca-b8794220/ Twitter: https://twitter.com/benrichmond1 Email: Ben.Richmond@Xero.com Links Deloitte's 2019 Global Blockchain Survey: ( https://www2.deloitte.com/content/dam/insights/us/articles/2019-global-blockchain-survey/DI_2019-global-blockchain-survey.pdf ) Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Get in Touch Thanks for listening! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and, if you like what you hear, do us a favor and write a review on iTunes . Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus .

Jul 16, 2019

Sponsors FloQast: http://cloudaccountingpodcast.promo/floqast AutoEntry: http://cloudaccountingpodcast.promo/autoentry Show Notes 00:53 - Welcome to the Cloud Accounting Podcast! 00:57 - Amazon’s Latest Experiment: Retraining Its Work Force | NYTimes ( https://www.nytimes.com/2019/07/11/technology/amazon-workers-retraining-automation.html ) 05:23 - The end of the war for talent? | Accounting Today ( https://www.accountingtoday.com/news/the-end-of-the-war-for-accounting-talent ) 08:39 - Companies use this creative trick keep wages stagnant, even in a strong economy | MarketWatch ( https://www.marketwatch.com/story/this-theory-could-help-explain-why-wages-arent-rising-faster-2018-08-06 ) 12:00 - Microsoft Teams reaches 13 million daily active users, introduces 4 new ways for teams to work better together | Microsoft ( https://www.microsoft.com/en-us/microsoft-365/blog/2019/07/11/microsoft-teams-reaches-13-million-daily-active-users-introduces-4-new-ways-for-teams-to-work-better-together/ ) 14:32 - We talked to 10 Robinhood insiders about how the $6 billion trading app botched a launch so badly Congress got involved | Business Insider ( https://www.businessinsider.com/robinhood-millennial-trading-app-ignored-rules-checking-and-savings-2019-7 ) 17:47 - Bill.com Doubles Currencies and Countries for No-Fee International Payments | Insightful Accountant ( https://www.intuitiveaccountant.com/vendor-news/bill-com-doubles-currencies-and-countries-for-no-fee-interna/ ) 19:20 - MindBridge Ai gets $11M in new funding to accelerate AI development | Accounting Today ( https://www.accountingtoday.com/news/mindbridge-ai-gets-11m-in-new-funding-to-accelerate-ai-development ) 20:21 - Kabbage secures $200M to fuel its AI-based loans platform for small businesses | TechCrunch ( https://techcrunch.com/2019/07/02/kabbage-secures-200m-to-fuel-its-ai-based-loans-platform-for-small-businesses/ ) 22:04 - CPAs see risks in complex financial instruments and derivatives | Accounting Today ( https://www.accountingtoday.com/news/cpas-see-risks-in-complex-financial-instruments-and-derivatives ) 26:13 - Monopoly Goes Cashless, Games Gain Popularity | PYMNTS.com ( https://www.pymnts.com/innovation/2019/monopoly-goes-cashless-board-games-gain-popularity/ ) 28:39 - myGov website goes down affecting tax return services | Twitter ( https://twitter.com/i/events/1149484643801939970 ) 30:47 - Follow @BlakeTOliver and @DavidLearn on Twitter 31:32 - Meet us in person at the Accounting & Finance Show LA ( https://www.terrapinn.com/exhibition/accounting-finance-show-la/index.stm ) Get in Touch Thanks for listening! Follow and tweet @BlakeTOliver and @DavidLeary . Find us on Facebook and, if you like what you hear, do us a favor and write a review on iTunes . Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus . Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast

Jul 15, 2019