QuickBooks? They Were On QuickBooks?
The Accounting Podcast
The Big Four Can't Audit Binance, Right?
Binance could be in a whole lot of trouble. They might owe to the creditors and depositors, former depositors at FTX. It's a big Ponzi scheme. Made off. The thing that's shameful about this whole thing is what Armandino and Prager Metis and Mazar Amazors were doing are they weren't doing real audits.
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Show Notes
14:24 – Accountant that vetted Binance's reserves halts all crypto work | Accounting Today
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
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!
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
45:55 – Build connections in Microsoft Teams with Games for Work, a new Microsoft Teams app| Microsoft 365 Blog
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
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