
The Accounting Podcast
The Accounting Podcast (formerly the Cloud Accounting Podcast) is the world's #1 accounting, bookkeeping, and tax podcast! Join us weekly for a roundup of accounting news, analysis, and interviews. Plus, earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at https://earmarkcpe.com.
Latest episodes

Feb 16, 2022 • 58min
Timesheets Cause Accountants To Flee Profession
SponsorsOnPay: https://cloudaccountingpodcast.promo/onpaySynder: https://cloudaccountingpodcast.promo/synderFreshBooks: https://cloudaccountingpodcast.promo/freshbooksNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow 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 recognitionhttps://www.journalofaccountancy.com/news/2022/feb/irs-backs-away-from-facial-recognition.html 04:26 – IRS To Ditch Biometric Requirement for Online Accesshttps://krebsonsecurity.com/2022/02/irs-to-ditch-biometric-requirement-for-online-access/ 06:33 – A Guide to Completing Your Organizer This Tax Seasonhttps://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 Todayhttps://www.accountingtoday.com/news/deloitte-audit-chief-sees-profession-evolving-amid-pandemic 27:35 – The Real Reason America Doesn’t Have Enough Truck Drivershttps://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 Controversyhttps://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 bonanzahttps://www.protocol.com/fintech/super-bowl-crypto-bowl 41:59 – Crypto paychecks have more appeal outside the U.S. | Accounting Todayhttps://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 Sheetshttps://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…Somedayhttps://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 – Blockworkshttps://blockworks.co/kpmg-canada-adds-bitcoin-ether-to-balance-sheet/ Accounting Giant KPMG Invests in Bitcoin and Ethereumhttps://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 resourceshttps://karbonhq.com/resources/66million-to-give-accounting-firms-the-practice-management-solution-they-deserve/ Next Xero? Aussie accounting tech firm worth $402m after $93m raisehttps://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 Ghttps://www.pymnts.com/news/investment-tracker/2022/gocardless-valued-at-2-1b-after-series-g/ 51:15 – Neat Inks Deal With Document Scanner Maker Ravenhttps://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 System54:15 - Accounting Games - They're a Thing? https://www.youtube.com/watch?v=dBXV1feuKSsGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please 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 • 57min
TurboTax To Help Gamble Tax Refund On Crypto
SponsorsFreshBooks: https://cloudaccountingpodcast.promo/freshbooksCanopy: https://cloudaccountingpodcast.promo/canopyRelay: https://cloudaccountingpodcast.promo/relayNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow 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 Helphttps://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 Cryptocurrencyhttps://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 purchaseshttps://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 2021https://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 Segmenthttps://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 Transcripthttps://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 technologyhttps://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 paycheckshttps://www.nbcnews.com/tech/security/weeks-ransomware-attack-workers-still-worry-paychecks-rcna14186 38:53 – Intuit warns of phishing emails threatening to delete accountshttps://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 • 1h 10min
Tax Organizers Suck
SponsorsRelay: https://cloudaccountingpodcast.promo/relaySynder: https://cloudaccountingpodcast.promo/syndera2X: https://cloudaccountingpodcast.promo/A2XNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow 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 Baggagehttps://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 salarieshttps://cointelegraph.com/news/nfl-star-s-massive-tax-bill-highlights-problems-with-btc-salaries/amp 26:15 - IRS kicks off challenging tax seasonhttps://www.accountingtoday.com/news/irs-kicks-off-challenging-tax-season 27:22 - IRS Child Tax Credit letters may have wrong informationhttps://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 Accountancyhttps://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 privacyhttps://plaid.com/blog/data-privacy-week-2022/ Plaid Debuts Data Privacy Tool Plaid Portalhttps://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 concernshttps://www.theverge.com/2022/1/29/22907853/irs-idme-facial-recognition-alternatives-privacy-concerns 38:43 - PPP and IRS Disappointmenthttps://www.nber.org/papers/w29669 40:20 - Here’s where billions in PPP cash meant for workers actually ended up goinghttps://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 – Bloomberghttps://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 Terminalshttps://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 Firmshttps://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 Apphttps://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 Namehttps://www.wsj.com/articles/walmart-backed-fintech-startup-is-acquiring-two-firms-and-a-new-name-11643199601 55:54 - QuickBooks Launches 2 New SMB Toolshttps://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 TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please 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) 695-1040Need Accountin...

Jan 28, 2022 • 57min
Crypto is a Scam
Sponsorsa2X: https://cloudaccountingpodcast.promo/A2XRelay: https://cloudaccountingpodcast.promo/relaySynder: https://cloudaccountingpodcast.promo/synderNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes01:37 – FBI says crooks are using fake QR codes to steal moneyhttps://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 accountantshttps://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? – Bloomberghttps://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 Todayhttps://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 Cryptohttps://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 Todayhttps://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 accountshttps://www.cbsnews.com/news/irs-tax-file-2022-id-me/ 40:37 – H&R Block launches the challenger bank it teased last year | Accounting Todayhttps://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 IPOhttps://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 | NetSuitehttps://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 Flowhttps://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 Todayhttps://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 platformhttps://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 Rootworkshttps://tallystreet.com/2022/tally-street-rootworks/Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please 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) 695-1040Need Accounting Conference Info? Check out our new website - accountingconfere...

Jan 23, 2022 • 53min
IRS On Its Last Leg
SponsorsOnPay: https://cloudaccountingpodcast.promo/onpayFreshBooks: https://cloudaccountingpodcast.promo/freshbooks LiveFlow: https://cloudaccountingpodcast.promo/liveflowNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes02:23 – IRS opens Free File program for 2022https://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 youhttps://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 Councilhttps://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 warnshttps://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 Focusedhttps://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 Classyhttps://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 roundhttps://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 techhttps://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 Worldshttps://www.prnewswire.com/news-releases/deloitte-launches-unlimited-reality-an-experience-and-impact-offering-for-virtual-worlds-301460142.htmlGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please 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) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podch...

Jan 14, 2022 • 1h 4min
Busy Season is No Joke
They discuss the challenges of Stripe's new PDF feature in QuickBooks and the importance of dedicated staff for automation. They delve into accounting puns, the Great Resignation, and Theranos. They explore Theranos' financial struggles and unfinished audits, as well as technology adoption in accounting firms. They also discuss the use of stablecoins and LinkedIn's new audio and video platform. The hosts touch on expenses, fame impact, and findings from an industry survey.

Jan 7, 2022 • 1h 14min
Job at Prison Better Than Job at Big Firm
SponsorsOnPay: https://cloudaccountingpodcast.promo/onpayTallyfor: https://cloudaccountingpodcast.promo/tallyforCloud Accounting Podcast: https://cloudaccountingpodcast.promo/yourappNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes02:05 - 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 • 59min
Earn CPE Credits Listening To Podcasts
SponsorsOnPay: https://cloudaccountingpodcast.promo/onpayTallyfor: https://cloudaccountingpodcast.promo/tallyforFactorAE: https://cloudaccountingpodcast.promo/factoraeNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes01:38 - Elon Musk says he will pay over $11 billion in taxes this yearhttps://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 firm17:54 - In re QuickBooks Desktop25:07 - Relationships with clients - Greg Bayramian29:22 - 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=136:00 - Our initial discussion of the Trump fraud inquiry in Episode 235https://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 sayshttps://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 fraudhttps://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 Brightpearlhttps://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 millionhttps://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 spreehttps://www.finnewsnetwork.com.au/archives/finance_news_network350595.html Xero to acquire Canadian tax software provider, TaxCyclehttps://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 chainhttps://www.goekos.com/blog/ekos-raises-21-million-series-b-to-digitally-connect-the-craft-supply-chain/ Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please 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) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsOh My Fraud: A True Crime Podcast for Accountants:

Dec 24, 2021 • 55min
How To Stop Intuit From Hiring Your Staff
SponsorsRewind: https://cloudaccountingpodcast.promo/rewindTallyfor: https://cloudaccountingpodcast.promo/tallyforClient Hub: https://cloudaccountingpodcast.promo/clienthubNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes01:18 – 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 – CFOhttps://www.cfo.com/cyber-security-technology/2021/12/firms-face-disruption-from-kronos-hack/ Cyberattack on Payroll Provider Sets Off Scramble Ahead of Holidayshttps://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 Weekshttps://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 EThttps://community.kronos.com/s/feed/0D54M00004wJKHiSAO?language=en_US More Kronos reading: Payroll Service Kronos Offline After Ransomware Attackhttps://www.pymnts.com/cybersecurity/2021/payroll-service-kronos-offline-after-ransomware-attack/ Kronos Securityhttps://www.kronos.com/security?utm_source=pocket_mylist Jonathan Feldman Tweethttps://twitter.com/_jfeldman/status/1470372667236618240 12:27 – Update on Hubdoc fetchhttps://www.xero.com/blog/2021/12/hubdoc-importing-docs-changing/ 16:08 – H&R Block is suing Block, formerly Square, over its new namehttps://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 Todayhttps://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.comhttps://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 Ruleshttps://www.pymnts.com/news/faster-payments/2021/same-day-ach-too-slow-consumers-instant-payouts-rewrite-rules/ 23:33 – Jan Roberg Tweethttps://twitter.com/RobergTax/status/1470811448133795852 Intuit is going after your staff for TurboTax Livehttps://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 decisionshttps://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 raiseshttps://www.cbsnews.com/news/expensify-employee-wages-vote-raises/ 44:50 – DiviPay Gets $20M in Series A Roundhttps://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 morehttps://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 offeringhttps://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 Solutionhttps://www.pymnts.com/news/b2b-pa...

Dec 16, 2021 • 1h 5min
Wrong Metrics, Wrong Conclusions
SponsorsOnPay: https://cloudaccountingpodcast.promo/onpayClient Hub: https://cloudaccountingpodcast.promo/clienthubRewind: https://cloudaccountingpodcast.promo/rewindNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes00:52 – 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 Todayhttps://www.accountingtoday.com/list/the-aicpas-melancon-the-profession-that-constantly-reinvents-itself 19:35 – Accounting 4.0: Don’t become Blockbuster Videohttps://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 Trendlineshttps://cpatrendlines.com/2021/10/21/are-you-under-pricing-your-client-accounting-services/ 29:49 – Voices Art of Accounting: Timesheet dispute redux | Accounting Todayhttps://www.accountingtoday.com/opinion/art-of-accounting-timesheet-dispute-redux 30:35 – A Timesheet Debate & Why Work Takes So Longhttps://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 Trendlineshttps://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 businesseshttps://quickbooks.intuit.com/r/growing-complex-businesses/midsize-payments-research/ 44:08 – Majority of Mid-Sized Businesses Outgrow Technology or Overpay for Unused Featureshttps://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 Bloghttps://blog.zoom.us/how-you-zoomed-over-the-past-year-2021/ 51:07 – H&R Block names Xero a preferred solution providerhttps://www.accountingtoday.com/news/h-r-block-names-xero-a-preferred-solution-provider 51:22 – Twitter comment from Zachary Owen, re: H&R Blockhttps://twitter.com/ZachJOwen/status/1469429680348479491 52:37 – Canopy raises $35M in latest funding round | Accounting Todayhttps://www.accountingtoday.com/news/canopy-raises-35m-in-latest-funding-round Canopy’s Accounting Practice Revolution Receives $35M Injectionhttps://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 solutionhttp://www.canadian-accountant.com/content/partner-posts/intuit-quickbooks-canada-and-dataswitcher-join-forces 54:22 – Oracle Gains After Sales Top Estimates on Cloud Performancehttps://news.yahoo.com/oracle-gains-sales-top-estimates-215221263.html 54:48 – FreshBooks, Sensibill Bolster Small Business Expense Managementhttps://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 Businesseshttps://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-Businetransactions55:16 – Accounts payable automation startup Tipalti raises $270M, quadruples valuation to $8.3Bhttps://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 Todayhttps://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 TouchThanks for listening and for the great reviews! We appreciate you! Follow and tw...