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The Accounting Podcast

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Sep 16, 2021 • 1h 9min

Survey Says Tax Preparers Charge Too Little, Too Late

SponsorsCPA Charge: https://cloudaccountingpodcast.promo/cpachargeDEXT: https://cloudaccountingpodcast.promo/dextRewind: https://cloudaccountingpodcast.promo/rewindShow Notes2:58 – EisnerAmper Gets Private Equity Backinghttps://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 staffhttps://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 UShttps://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 Vaccinationhttps://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 Inhttps://www.drakesoftware.com/blog/tags/2021%20tax%20software%20survey 37:35 – IRS regulation of tax preparers gains steamhttps://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 minoritieshttps://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 Newshttps://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 againhttps://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 Billionhttps://www.wsj.com/articles/paypal-to-buy-japans-paidy-for-2-7-billion-11631087698 56:30 –Clio snaps up document automation startup in latest acquisitionhttps://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 expansionhttps://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 Cardholdershttps://www.businesswire.com/news/home/20210908005475/en/Expensify-Announces-New-Expensify-Card-Perk-Up-to-2-Cash-Back-for-All-CardholdersGet 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/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want to get the word o...
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Sep 8, 2021 • 56min

How Deloitte Created A Marvel Hero

SponsorsDEXT: https://cloudaccountingpodcast.promo/dextClient Hub: https://cloudaccountingpodcast.promo/clienthubApprovalMax: https://cloudaccountingpodcast.promo/approvalmaxShow Notes5:59 – Here’s why small-business kingpin Intuit is buying Mailchimp for $12Bhttps://www.fastcompany.com/90675994/intuit-mailchimp-acquisition 6:11 – Intuit in talks to buy Mailchimp for more than $10Bhttps://www.accountingtoday.com/articles/intuit-in-talks-to-buy-mailchimp-for-more-than-10b 13:35 – Xero Tax: Personal tax is now livehttps://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 2021https://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 Wallethttps://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 NeatInvoiceshttps://www.accountingtoday.com/news/neat-introduces-neatbooks-and-neatinvoices 27:16 – New & Improved in FreshBooks: Team Cost Rates, Project Profitability, and Morehttps://www.freshbooks.com/blog/product-updates-august-2021 28:03 – Square to launch a new paid subscription, Invoices Plushttps://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 $50Mhttps://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-reshttps://www.inputmag.com/tech/googles-ai-photo-upscaling-tool-borders-on-science-fiction Google’s New AI Photo Upscaling Tech is Jaw-Droppinghttps://petapixel.com/2021/08/30/googles-new-ai-photo-upscaling-tech-is-jaw-dropping/ 37:25 – Canopy integrates with QuickBooks Onlinehttps://www.accountingtoday.com/news/canopy-integrates-with-quickbooks-online 38:40 – Baker Tilly to acquire accounting tech services companyhttps://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 POShttps://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 portalhttps://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 Offeringhttps://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 Behttps://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 Returnhttps://www.imdb.com/news/ni63411978 52:00 – Feedback from you, our excellent listeners! Thank you! 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:
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Sep 2, 2021 • 1h 4min

The ROI Of An Accounting Degree

Sponsors Fyle: https://cloudaccountingpodcast.promo/fyleCPA Charge: https://cloudaccountingpodcast.promo/cpacharge Dark Horse: https://cloudaccountingpodcast.promo/darkhorseShow Notes6:25 – 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 recruitmenthttps://www.accountingtoday.com/news/accounting-profession-having-trouble-with-recruitment 11:00 – Most Companies Struggling to Hire Workershttps://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 Infohttps://www.intuit.com/careers/quickbooks-live-experts/ 31:58 – Intuit Bookkeeping Professional Certificatehttps://www.coursera.org/professional-certificates/intuit-bookkeeping 33:40 – How a Video Résumé Can Get You Hired in the Covid-19 Job Markethttps://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 2021https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-august-2021/ 45:44 – Why we’ve updated the bank reconciliation designhttps://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 Meetingshttps://blog.zoom.us/focus-mode-limit-screen-sharing-seamless-meeting-transfer/ 52:43 – Pry Financials raises $4.2M to make startup accounting more approachablehttps://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 acquisitionhttps://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 platformhttps://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 Productshttps://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 Businesshttps://www.theinformation.com/articles/brex-launches-150-million-venture-debt-business 56:40 – Finexio Raises $8M To Build Out AP Software Suitehttps://www.pymnts.com/accounts-payable/2021/finexio-accounts-payable/ 56:50 – Accounting platform Synder raises $2Mhttps://startupworld.tech/accounting-platform-synder-raises-2m/ 57:26 – Sensibill and FreeAgent Partner to Offer Digital Receipt and Expense Management Solutions to Small Businesseshttps://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 Quickbookshttps://pry.co/bookkeeping 60:34 – Short and Sweet – we got a review! Thanks, Vanessa! 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?&nbs...
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Aug 26, 2021 • 1h 7min

Intuit's Aggressive Move To Combat Square Cash App

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoClient Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes1:40 – 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 Companieshttps://www.inc.com/inc5000 4:00 – TikToker Shares How She Spent Millions of Dollars for Alabama Sorority at 19https://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 bookkeepinghttps://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 Jobshttps://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 Knowinghttps://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 spreadhttps://www.accountingtoday.com/news/pwc-delays-return-to-offices-amid-delta-spread 27:00 – EY launches Career Path Accelerator Programhttps://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 Accountantshttps://news.bloombergtax.com/financial-accounting/cpa-exam-makeover-risks-raising-hurdles-for-black-accountants 34:09 – Art of Accounting: Buying a new suithttps://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 Showshttps://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 Newshttps://www.bbc.com/news/world-47391821 45:30 – Accountants must play key role in application of AI | Accountancy Dailyhttps://www.accountancydaily.co/accountants-must-play-key-role-application-ai 49:36 – QuickFee Integrates With Accounting Firm Xerohttps://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 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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Aug 19, 2021 • 60min

Accounting Firm FreshBooks Becomes A Unicorn

SponsorsFyle: https://cloudaccountingpodcast.promo/fyleAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afo Rewind: https://cloudaccountingpodcast.promo/rewindShow Notes01:30 – Blake and David talk smart homes, Zoom, and router recommendations, Mnuchin and movies. 7:55 – Updates of PPP Forgiveness10:02 – Survey: COVID relief, changing laws were last tax season’s headacheshttps://www.accountingtoday.com/news/natp-survey-covid-relief-changing-laws-were-last-tax-seasons-headaches 12:20 – IRS Funding Surge Punted From Bipartisan Infrastructure Packagehttps://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 changeshttps://www.washingtonpost.com/politics/2021/08/06/crypto-bitcoin-infrastructure-senate/ 18:00 – Closing date set for new Shuttered Venue Operator Grant applicationshttps://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 earlyhttps://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 – Freehttps://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 Xerohttps://www.xero.com/blog/2021/08/bank-reconciliation-evolution-at-xero/ 33:36 – Taking business banking to the next level with Revoluthttps://www.xero.com/blog/2021/08/revolut-next-level-business-banking/ More Reading on Xero: Xero Upgrades Bank Reconciliation Featurehttps://www.accountingweb.com/technology/accounting-software-news/xero-upgrades-bank-reconciliation-feature Xero revamps bank recs, injects AIhttps://www.accountingtoday.com/news/xero-revamps-bank-recs-injects-ai 36:43 – HR software company Gusto raises $175 millionhttps://www.axios.com/gusto-fundraising-175-million-f2bb33ba-fced-4343-8a7b-0aa6a5d6dbbe.html Gusto Raises $175M in Series E Fundinghttps://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-millionhttps://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 roundhttps://www.accountingtoday.com/news/connected-accounting-startup-lockstep-closes-13m-series-a-funding-round Lockstep Websitehttps://lockstep.io/ 46:36 – New IRS tax collection notices offer QR code contact optionhttps://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 Moneyhttps://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 Technologieshttps://www.pymnts.com/news/partnerships-acquisitions/2021/us-bank-to-buy-biz-expense-management-platform-bento-technologies/ 53:13 – Announcing Check + Quickbooks Online – Checkhttps://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 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
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Aug 11, 2021 • 1h 3min

Square Buys Afterpay for $29B, Could Have Bought Xero for Less

SponsorsCPA Charge: https://cloudaccountingpodcast.promo/cpachargeAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoClient Hub: https://cloudaccountingpodcast.promo/clienthubShow Notes3:00 – Risk Assessment and COVID  10:30 – Square to Buy Installment Lender Afterpay for $29Bhttps://www.cfo.com/ma/2021/08/square-to-buy-installment-lender-afterpay-for-29b/ 19:21 – Rootworks Acquires CPA Practice Advisorhttps://finance.yahoo.com/news/rootworks-acquires-cpa-practice-advisor-131500586.html 19:36 – Right Networks Acquires Rootworkshttps://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 goodhttps://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 Commercehttps://www.greenback.com/blog/greenback-and-dext/447 Dext debuts rebranded e-commerce solutionhttps://www.accountingtoday.com/news/dext-debuts-rebranded-e-commerce-solution-following-acquisition 31:43 – Earth Class Mail: Mailbox Scanhttps://play.google.com/store/apps/details?id=io.delivered.ecm&hl=en&gl=US 33:37 – Introducing the new Xero App Storehttps://www.xero.com/blog/2021/08/introducing-new-xero-app-store/ 37:14  – Latest product news – August 2021https://www.xero.com/blog/2021/08/latest-product-news-august-2021/ 38:20 – Zeni receives $34M in funding for AI bookkeepinghttps://www.accountingtoday.com/news/zeni-receives-34m-in-funding-for-ai-bookkeeping-and-accounting 48:30 –Meetings aren't killing productivity; data entry ishttps://zapier.com/blog/report-how-office-workers-spend-time 52:13 – 1 in 4 Former Employees Still Has Access to Files at Old Jobhttps://smallbiztrends.com/2021/08/employees-access-files-former-employer.html 57:20 – Final Report - Advisory Committee on Open Bankinghttps://www.canada.ca/en/department-finance/programs/consultations/2021/final-report-advisory-committee-open-banking.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/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsFuture 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
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Aug 7, 2021 • 57min

Alright, Alright, Alright

SponsorsFyle: https://cloudaccountingpodcast.promo/fyleRewind: https://cloudaccountingpodcast.promo/rewindAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoShow Notes2:00 – 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 Portalhttps://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 Programhttps://www.politico.com/news/2021/07/27/paycheck-protection-program-ending-501046 13:49 – Nearly 500 taxpayers had over $150M in their IRAshttps://www.accountingtoday.com/news/nearly-500-taxpayers-had-over-150m-in-their-iras 16:53 – New IRA product allows for tax-free Bitcoin mininghttps://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 currencyhttps://reut.rs/3ygDh7S 23:10 – Tether Executives Said to Face Criminal Probe into Bank Fraudhttps://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 Backhttps://smallbiztrends.com/2021/07/customers-prefer-texting-business-real-people.html 27:16 – Small businesses face bookkeeping challenges, overdue invoices during pandemichttps://www.accountingtoday.com/news/small-businesses-face-bookkeeping-challenges-overdue-invoices-during-pandemic 32:17 – It doesn’t fucking matterhttps://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 – TechCrunchhttps://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 deedshttps://www.theregister.com/2021/07/28/xero_login_glitch_resolved/ 45:42 – New & Improved in FreshBooks: Advanced Client Search, KeyPay Payroll, and Morehttps://www.freshbooks.com/blog/product-updates-july-2021 46:40 – Sage Q3 2021 Resultshttps://www.sage.com/investors/financial-information/results/ 47:41 – Introducing Zoom Apps: Use the Apps You Love, Right in Zoomhttps://blog.zoom.us/start-using-zoom-apps/ 48:47 – PandaDoc for Zoomhttps://marketplace.zoom.us/apps/hHK3qVpjTCycz2xXS249gA 50:22 – Summit invests $215M into Odoo, an open-source business management software developer, at a $2.3B+ valuationhttps://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 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/Ambitious Bookkeeper: http://bkworkshops.online/Accounting Podcast Network:
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Aug 2, 2021 • 58min

Why You Should (Not) Work 12-Hour Days

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindOdoo: https://cloudaccountingpodcast.promo/odooDark Horse: https://cloudaccountingpodcast.promo/darkhorseShow Notes11: 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 Offhttps://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 exechttps://www.businessinsider.com/jpmorgan-exec-graduates-should-work-12-hour-days-6-day-weeks-2021-7 23:17 – AICPA Town Hall Series – July 22, 2021http://townhall.aicpa.libsynpro.com/aicpa-town-hall-series-july-22-2021 25:38 – The Sad State of Accounting Standardshttps://www.accountingtoday.com/opinion/the-sad-state-of-accounting-standards 34:15 – Video Gaming the Systemhttps://www.npr.org/2021/07/21/1018915121/video-gaming-the-system 37:30 – The SBA's PPP Loan Forgiveness Portal Is Cominghttps://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 dealhttps://www.accountingtoday.com/news/bill-com-to-acquire-invoice2go-in-625m-deal 43:44 – Square launches checking and savings accounts for small businesseshttps://www.theverge.com/2021/7/20/22585365/square-banking-checking-savings-business-accounts 44:16 – FloQast scores $110M in latest funding roundhttps://www.accountingtoday.com/news/floqast-scores-110m-in-latest-funding-round 45:15 – Finance Chiefs Are Still Trying to Replace Excel With New Toolshttps://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 dealhttps://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 managementhttps://www.accountingtoday.com/news/anduin-earmarks-14m-seed-round-for-intelligent-practice-management 50:38 – What’s new in QuickBooks Online: July 2021https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-july-2021/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: 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
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Jul 25, 2021 • 40min

The End of the Beginning for Cloud with Ben Richmond of Xero

Follow Ben Richmondhttps://www.linkedin.com/in/ben-richmond-ca-b8794220/https://twitter.com/benrichmond1Get 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 25, 2021 • 53min

Intuit TurboTax Drops Out of IRS Free File

SponsorsPractice Ignition: https://cloudaccountingpodcast.promo/piAFO Wealth Management Forward: https://cloudaccountingpodcast.promo/afoOdoo: https://cloudaccountingpodcast.promo/odooShow NotesLive from NOLA – The Cloud Accounting Podcast is on the road again!  5:25 – Banks Are Reversing Course on PPP Loans to Small Business Ownershttps://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 IRShttps://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 evasionhttps://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 paymentshttps://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 Strategyhttps://www.pymnts.com/news/b2b-payments/2021/barterpay-bartering-commerce-cash-flow/ 25:21 – Introducing Relay Prohttps://relayfi.com/blog/Introducing-Relay-Pro 27:09 – Gusto Cashout – Another Easy Employee Benefithttps://bizhippo.com/blog/gusto-cashout-employee-benefit/ Cashout employee overviewhttps://support.gusto.com/benefits/gusto-wallet/cashout/1532856101/Cashout-employee-overview.htm 31:54 – Real estate accounting tech company Proper raises $9M in fundinghttps://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 – TechCrunchhttps://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 toolhttps://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 paymentshttps://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’ Planhttps://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 superapphttps://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 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.co...

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