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The Accounting Podcast

Latest episodes

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Jul 14, 2021 • 47min

Ted Callahan, Accountant Leader at Intuit, Talks QuickBooks Price Changes & More

Follow Ted Callahanhttps://www.linkedin.com/in/tedcallahan/https://twitter.com/_tedcallahanSunset TradeGeckohttps://www.tradegecko.com/sunsetGet 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/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsGo 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
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Jul 8, 2021 • 1h 5min

Every App Wants A Slice Of The Payroll Pie

SponsorsOdoo: https://cloudaccountingpodcast.promo/odooDark Horse: https://cloudaccountingpodcast.promo/darkhorse AFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoShow Notes2:49 – 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 Accountancyhttps://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 backloghttps://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 – TechCrunchhttps://techcrunch.com/2021/06/30/2171608/ 22:55 – Gusto Embedded Payrollhttps://gusto.com/embedded-payroll/ 26:13 – Intuit to Share Payroll Data from 1.4M Small Businesses With Equifaxhttps://krebsonsecurity.com/2021/07/intuit-to-share-payroll-data-from-1-4m-small-businesses-with-equifax/ 31:20 – Latest product news – July 2021https://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 – TechCrunchhttps://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 Platformhttps://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 Yearhttps://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 serviceshttps://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 softwarehttps://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 Timeshttps://www.nytimes.com/2021/06/27/business/ppp-relief-loans-blueacorn-womply.html 45:07 – Robinhood to Pay $70M to Settle FINRA Probehttps://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 Lifehttps://newsroom.squarespace.com/blog/squarespace-survey-reveals-genz 48:34 – Accountants more likely to return to offices than others: Studyhttps://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 Performancehttps://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 Tradehttps://oedit.colorado.gov/press-release/melio-selects-colorado-to-power-its-explosive-us-growth 55:32 – Many Companies Want Remote Workers—Except From Coloradohttps://www.wsj.com/articles/many-companies-want-remote-workersexcept-from-colorado-11623937649Get 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:
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Jul 1, 2021 • 1h 3min

How To Turn $2,000 Into $5 Billion Tax-Free

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindUncat: https://cloudaccountingpodcast.promo/uncatOdoo: https://cloudaccountingpodcast.promo/odooShow Notes1:20 – 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.comhttps://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 — ProPublicahttps://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 Taxeshttps://www.wsj.com/articles/propublica-tells-only-half-the-story-on-taxes-11624464637 11:38 – Antivirus software pioneer John McAfee dies in prisonhttps://www.accountingtoday.com/articles/john-mcafee-antivirus-software-pioneer-found-dead-in-prison 26:00 - Bobby Bonilla Dayhttps://www.npr.org/2021/06/25/1010404697/bobby-bonilla-dayBobby 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 Thathttps://www.goingconcern.com/accounting-talent-shortage-and-cpa-exam-expectations/  41:13 – Visa Buys Swedish Fintech Tink for More Than $2 Billionhttps://www.wsj.com/articles/visa-buys-swedish-fintech-tink-for-more-than-2-billion-11624528687 Visa Acquiring Swedish Open Banking Platform Tinkhttps://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 2021https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-june-2021/ 45:20 – H&R Block’s Wave unit plans new AR abilitieshttps://www.accountingtoday.com/news/h-r-blocks-wave-unit-plans-new-ar-abilities 47:58 – Announcing the first payroll products built on Check - Checkhttps://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 morehttps://www.accountingtoday.com/list/floqast-releases-request-management-tool-for-monthly-close 51:40 – Venmo Is About to Get More Expensive for Millions to Usehttps://money.com/venmo-fee-changes-email/ 56:40 – This Bachelor Fan Figured Out Who Won Colton Underwood’s Season With Venmohttps://www.cosmopolitan.com/entertainment/celebs/a30350953/bachelor-venmo-winner-colton-underwood/ 57:33 – PwC Restructures for Future of Bots, Post-Covid Advisory Boomhttps://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 foreverhttps://www.independent.co.uk/life-style/deloitte-work-from-home-employees-b1868977.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:/...
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Jun 24, 2021 • 56min

Why Accountants Don't Become CPAs

SponsorsPractice Ignition: https://cloudaccountingpodcast.promo/piOdoo: https://cloudaccountingpodcast.promo/odooClient Hub: https://cloudaccountingpodcast.promo/clienthubShow 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 Educationhttps://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 Evolutionhttps://www.accountingtoday.com/news/ima-pushes-back-on-cpa-evolution 13:20 – Time commitment, relevance push people away from CPA Examhttps://www.accountingtoday.com/news/time-commitment-career-relevance-push-young-people-away-from-cpa-exam 13:40 – A CPA Pipeline Report: Decoding the Declinehttps://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 Journalhttps://labusinessjournal.com/news/2021/jun/21/spac-deals-slow-dramatically-sec-changes/ 22:20 – SPAC IPO Market Slowly Resurfaces With Play-it-Safe Accountinghttps://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 Infernohttps://hindenburgresearch.com/lordstown/ 23: 51 – Top Lordstown Motors executives out as SPAC-backed startup teetershttps://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-access33:06 – The Expensify Discussion on Blake’s Twitter: https://twitter.com/BlakeTOliver/status/140574544838036684837:15 – 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 $41Mhttps://techcrunch.com/2021/06/16/novo-a-neobank-for-smbs-banks-41m/ 40:20 – Unit Raises $51M To Expand Products, Integrationshttps://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 – TechCrunchhttps://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 | SaaStrhttps://www.saastr.com/fastly-the-right-way-to-apologize-for-an-outage/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/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast<...
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Jun 18, 2021 • 55min

Secret IRS Files Reveal No Secrets

SponsorsCPA Charge: https://cloudaccountingpodcast.promo/cpachargeOdoo: https://cloudaccountingpodcast.promo/odooRewind: https://cloudaccountingpodcast.promo/rewindShow Notes4:25 – Bill would make accounting part of STEM educationhttps://www.accountingtoday.com/news/lawmakers-introduce-bill-to-make-accounting-part-of-stem-education 5:47 – Accounting in schools down for the counthttps://www.newsroom.co.nz/accounting-in-schools-on-the-chopping-block 10:24 – The best cities for accountants in 2021https://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 Taxhttps://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 Happeninghttps://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 Ahttps://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 – TechCrunchhttps://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 Dealhttps://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 serviceshttps://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 interesthttps://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 Asidehttps://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 Mergershttps://www.wsj.com/articles/spac-pullback-pressures-creators-to-find-quality-mergers-11622494564 SPAC Selloff Bruises Individual Investorshttps://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-padgett45:43 – Accountants in Industry Expect Economic Boomhttps://cpatrendlines.com/2021/06/03/accountants-in-industry-brace-for-economic-boom/ 45:56 – Technology Fills the Gap as Jobs Lag GDPhttps://www.wsj.com/articles/technology-fills-the-gap-as-jobs-lag-gdp-11623250495Get 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...
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Jun 11, 2021 • 60min

Liz Mason And High Rock Don't Fear Bench Accounting

SponsorsOdoo: https://cloudaccountingpodcast.promo/odooClient Hub: https://cloudaccountingpodcast.promo/clienthubRewind: https://cloudaccountingpodcast.promo/rewindMeet LizLinkedIn: https://www.linkedin.com/in/masonliz/Twitter: https://twitter.com/lizzynormaWebsite: https://highrock.co/Show Notes1:12 – 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 Followhttps://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 Accountancyhttps://www.journalofaccountancy.com/news/2021/jun/new-pcaob-transition-duhnke-removed-as-chair.html 10:00 – Intuit Answers Questions About ProAdvisor Pricinghttps://report.woodard.com/articles/intuit-answers-questions-about-proadvisor-pricing-fpwr 10:05 – Upcoming changes: Accountant discounts and QuickBooks Online pricing - Firm of the Futurehttps://www.firmofthefuture.com/content/papp-faqs/ 10:52 – QuickBooks Online Price Changes - insightfulaccountant.comhttps://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 Bankinghttps://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 Accountinghttps://www.theglobeandmail.com/business/article-shopify-invests-in-vancouvers-bench-accounting/ 29:26 – Clio Legal Softwarehttps://www.clio.com/ 30:18 – The Job Ahead: Small businesses and the global economic recoveryhttps://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: Studyhttps://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 Rockhttps://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 managementhttps://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 2021https://www.xero.com/blog/2021/06/latest-product-news-june-2021/ 55:01 – David discusses the Greenback app integrationshttps://www.greenback.com/ 56:03 – We got a review!  Thank you, App Ninha! 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/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast
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Jun 6, 2021 • 37min

Building an Accounting System for Scale with Jeffery Giavotella

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/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsGo 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
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Jun 4, 2021 • 59min

Questionable Reader's Choice Awards

SponsorsRewind: https://cloudaccountingpodcast.promo/rewind Uncat: https://cloudaccountingpodcast.promo/uncatOdoo: https://cloudaccountingpodcast.promo/odooShow Notes5:41 – Warren, Sanders Urge SEC to Immediately Remove and Replace Members of the Public Company Accounting Oversight Board – YubaNethttps://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 fatiguehttps://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 Kabbagehttps://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 paidhttps://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 pilotshttps://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 businesshttps://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18/ 26:24 – Opinion | Ban Cryptocurrency to Fight Ransomwarehttps://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 reportedhttps://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 Pandemichttps://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 proshttps://www.accountingtoday.com/news/irs-tests-secure-transcript-technology-for-tax-pros45:09 – Square may soon offer small-business checking and savings accounts, app code showshttps://www.bankingdive.com/news/square-small-business-checking-savings-accounts/600734/ 46:05 – Avalara for Accountants is livehttps://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 Hippeauhttps://bookkeep.com/bookkeep-secures-3-3-million-in-venture-financing/ 51:16 – Bookkeeper360 Announces Integration with QuickBooks Online and Pay-as-you-go Accountinghttps://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 2021https://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 Newshttps://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 Tipshttps://smallbiztrends.com/2021/05/tech-neck-prevention.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 necessities
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May 27, 2021 • 58min

The Cost of Busy Season Burnout

SponsorsClient Hub: https://cloudaccountingpodcast.promo/clienthubOdoo: https://cloudaccountingpodcast.promo/odooShow Notes1:12 – Welcome Kristen Keats, founder of Breakaway Bookkeeping & Advising, and practice owner at Sherwood Tax & Accounting12:17 – David’s Rant of the Week – Virtual conferences suck16:45 – REVIEW!  Thank you, Jolen.opyc! 18:06 – KPMG Canada launches cloud accounting solution for SMEshttps://www.consulting.ca/news/2273/kpmg-canada-launches-cloud-accounting-solution-for-smes24:06 – Burnout Is Real, On the Rise, and Retractablehttps://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 Accountancyhttps://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 openinghttps://www.restaurantdive.com/news/sba-will-close-restaurant-revitalization-fund-on-monday-just-3-weeks-afte/600476/ Restaurant Revitalization Fund faces huge funding shortfallhttps://www.journalofaccountancy.com/news/2021/may/sba-restaurant-revitalization-fund-faces-huge-funding-shortfall.html NYC Introduces Restaurant Aggregator Data Billhttps://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 Familieshttps://www.wsj.com/articles/monthly-child-tax-credit-payments-set-to-start-july-15-11621249203 31:28 – Under Armour shareholders can sue over sales disclosureshttps://reut.rs/3uYY3XZ 32:37 – Taxpayers deserve pandemic penalty relief, AICPA says - Journal of Accountancyhttps://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 glasseshttps://www.accountingtoday.com/news/innovations-in-audit-kpmg-deploys-smart-glasses 47:00 – Auditors leverage technology lessons from pandemichttps://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 Usehttps://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 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/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsFuture Firm: https://futurefirmaccelerate.com/Xero: A Comprehensive Guide for Accountants and BookkeepersAccounting Podcast Network:
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May 20, 2021 • 56min

Collective Raises $20 Million To Not Be An "Accounting Firm"

SponsorsSynder: https://cloudaccountingpodcast.promo/synderOdoo: https://cloudaccountingpodcast.promo/odooRelay Financial: https://cloudaccountingpodcast.promo/relayShow Notes02:15 – $58,508: The Average Starting Salary for New Accounting Gradshttps://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 Developmenthttps://www.pymnts.com/news/investment-tracker/2021/railz-raises-12m-toward-api-development/ 8:04 – Kabbage, FinTechs Under PPP Distribution Scrutinyhttps://www.pymnts.com/loans/2021/report-kabbage-fintechs-under-justice-department-scrutiny-for-ppp-loan-distribution/ DOJ reportedly investigating Kabbage, fintech lenders, over PPP loanshttps://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 VChttps://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 Bloghttps://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 Disclaimerhttps://www.collective.com/ 20:45 – Banking App Lili Raises $55 Million To Help Freelancers Tackle Expenses, Access Credithttps://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 | Newshttps://www.accountancytoday.co.uk/2021/05/13/xero-fy21-revenues-spike-18/ 26:03 – Xero scores subscriber surge despite slowed revenuehttps://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 Bloghttps://www.xero.com/blog/2021/05/fy21-through-their-eyes/ Xero’s full year 2021 financial resultshttps://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 businesshttps://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 Moneyhttps://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 Statementhttps://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 Homehttps://www.accountingtoday.com/articles/irs-needs-more-than-audits-to-find-tax-cheats-former-chief-says 45:07 – Driving Engagement in a Remote Work Worldhttps://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 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/merch...

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