
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

Mar 23, 2021 • 58min
May The 17th Be With You This Tax Season
SponsorsOnPay: https://cloudaccountingpodcast.promo/onpayRewind: https://cloudaccountingpodcast.promo/rewind Attend Rewind's WebinarOdoo: https://cloudaccountingpodcast.promo/odooShow Notes2:53 - U.S. Treasury has sent out $242B in stimulus checks so farhttps://www.accountingtoday.com/articles/u-s-treasury-has-sent-out-242b-in-stimulus-checks-so-far 5:50 - More Than Half Of Small Businesses Have Reopened: Surveyhttps://www.cfo.com/the-economy/2021/03/more-than-half-of-small-businesses-have-reopened-survey 10:10 - IRS postpones April 15 deadline - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/mar/irs-postpones-april-15-tax-filing-deadline.html 14:39 - IRS to automatically process refunds on jobless-benefit paymentshttps://www.accountingtoday.com/articles/irs-to-automatically-process-refunds-on-jobless-benefit-payments 15:10 - House passes PPP deadline extension in 415-3 vote - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2021/mar/ppp-application-deadline-extension-bill-gains-backing.html House votes to extend PPP deadline until May 31https://www.accountingtoday.com/news/house-votes-to-extend-ppp-deadline-until-may-31 17:35 - Tax season turns into 'dumpster fire' for advisors, clients after stimulus bill passeshttps://www.accountingtoday.com/news/tax-season-turns-into-dumpster-fire-for-advisors-clients-after-stimulus-bill-passes 18:10 - SBA defers repayment of disaster loans until 2022https://www.accountingtoday.com/news/sba-defers-repayment-of-eidl-disaster-loans-until-2022 20:27 - BDO and Xero join forces in global agreement | Xero Bloghttps://www.xero.com/blog/2021/03/bdo-and-xero-join-global-agreement/ BDO becomes first Xero Global Partnerhttps://www.accountingtoday.com/news/bdo-becomes-first-xero-global-partner 22:42 - Changes Rolling Out to QuickBooks Payments - insightfulaccountant.comhttps://www.intuitiveaccountant.com/payroll-merchant-services/changes-rolling-out-to-quickbooks-payments/ 24:43 - The Revolt Against the 30% Mafia. When did Big Tech gatekeepers from Apple to DoorDash decide they were entitled to a third of the internet’s sales?https://marker.medium.com/the-revolt-against-the-30-mafia-4193aa4b2dcf 31:18 - Trullion Announces Real-Time, AI-Powered Accounting Platform, Secures Seed Financinghttps://www.businesswire.com/news/home/20210316005168/en/Trullion-Announces-Real-Time-AI-Powered-Accounting-Platform-Secures-Seed-Financing 32:25 - What's new in Sage Intacct's Release 1 2021https://www.accttwo.com/blog/whats-new-in-2021-sage-intacct-release-1 34:00 - Stripe: $95B After New $600M Funding Roundhttps://www.pymnts.com/news/investment-tracker/2021/stripe-valued-at-95-billion-after-new-600-million-funding-round/ 34:55 - Squarespace Raises $300 Million Investment Round at $10 Billion Valuationhttps://newsroom.squarespace.com/blog/squarespace-raises-300-million-investment-round-at-10-billion-valuation 35:23 - Jeffrey Katzenberg’s WndrCo, Michael Ovitz Invest in Production Payroll Startup Wrapbook as Part of $27M Roundhttps://variety.com/2021/digital/news/wrapbook-funding-jeffrey-katzenberg-wndrco-michael-ovitz-1234924978/ Wrapbook Talks Entertainment Industry Payrollhttps://www.pymnts.com/news/b2b-payments/2021/wrapbook-payroll-entertainment-project-economy/ 38:10 - College accounting programs not covering emerging topics: AICPA/NASBA reporthttps://www.accountingtoday.com/news/college-accounting-programs-not-covering-emerging-topics-aicpa-nasba-report 42:13 - Which is more difficult: The CPA Exam or the Bar?https://www.accountingtoday.com/opinion/which-is-more-difficult-cpa-or-bar-exam-i-took-both-and-heres-my-answer 47:33 - Tax Provisions in the Fiscal Year 2021 Budgethttps://www.mass.gov/technical-information-release/tax-provisions-in-the-fiscal-year-2021-budget 48:54 - Risky trading targeted in Democrat proposal for financial transaction taxhttps://www.accountingtoday.com/articles/risky-trading-targeted-in-democrat-proposal-for-financial-transaction-taxGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @Dav...

Mar 18, 2021 • 59min
CPA Leaders Most Optimistic Since Pandemic
SponsorsOnPay: https://cloudaccountingpodcast.promo/onpayOdoo: https://cloudaccountingpodcast.promo/odooRewind: https://cloudaccountingpodcast.promo/rewind Attend Rewind's WebinarShow Notes3:58 - Economic confidence recovers to near pre-pandemic levels for finance leadershttps://www.journalofaccountancy.com/news/2021/mar/us-economic-confidence-recovers-to-near-pre-coronavirus-levels.html 6:56 - BREAKING NEWS: Scaling New Heights® Rescheduled to October - insightfulaccountant.comhttps://www.intuitiveaccountant.com/people-and-business/scaling-new-heights%C2%AE-rescheduled-to-october/ 9:57 - Cost Of Deloitte’s EDD Phone Center Balloons to $55M, As Millions Of Calls Go Unanswered - capradio.orghttps://www.capradio.org/articles/2021/03/11/cost-of-deloittes-edd-phone-center-balloons-to-55m-as-millions-of-calls-go-unanswered/ 16:02 - Accountants experience 60% increase in payroll services, says QuickBooks | Newshttps://www.accountancytoday.co.uk/2021/03/10/accountants-experience-60-increase-in-payroll-services-says-quickbooks/ 17:02 - Metric of the Month: Avoiding Payroll Bottleneckshttps://www.cfo.com/compensation/2021/02/metric-of-the-month-avoiding-payroll-bottlenecks/ 17:34 - What should I take? Architecture or accounting? | Forum | Archinecthttps://archinect.com/forum/thread/150254452/what-should-i-take-architecture-or-accounting 23:00 - Alaska, Maine, and Oklahoma weigh CPA firm mobility billshttps://www.journalofaccountancy.com/news/2021/feb/alaska-maine-oklahoma-weigh-cpa-firm-mobility-bills.html 24:08 - Lightspeed to acquire Vend to power global retail expansion | Lightspeed POShttps://www.lightspeedhq.com/news/lightspeed-to-acquire-vend/ 27:11 - Winners in New Zealandhttps://www.nzherald.co.nz/business/nz-retail-software-company-vend-sold-for-455m/QOK7AA57JK4MP3LTTHYD744W34/ NZ retail software company Vend sold for $455m - NZ Heraldhttps://www.nzherald.co.nz/business/nz-retail-software-company-vend-sold-for-455m/QOK7AA57JK4MP3LTTHYD744W34/Lightspeed to acquire Vend for $350M to expand its global retail basehttps://seekingalpha.com/news/3672022-lightspeed-to-acquire-vend-for-350m-to-expand-its-global-retail-base 29:00 - Karbon raises $10Mhttps://www.accountingtoday.com/news/practice-management-software-developer-karbon-raises-10m 30:00 - Accounting Services Platform Autobooks Raises $25 Million In Series Bhttps://pulse2.com/autobooks-raises-25-million-in-series-b/32:00 - Zeni Raises $13.5M To Put A Real-Time Digital Bookkeeper Inside Every Startup – Crunchbase Newshttps://news.crunchbase.com/news/zeni-raises-13-5m-to-put-a-real-time-digital-bookkeeper-inside-every-startup/ 33:20 - Deloitte Partners With Nvidia For AI Solutionshttps://big4accountingfirms.libsyn.com/deloitte-partners-with-nvidia-for-ai-solutions 34:40 - AI bookkeeping startup Zeni launches with $13.5M in fundinghttps://www.accountingtoday.com/news/ai-bookkeeping-startup-zeni-launches-with-13-5m-in-funding 37:53 - Intuit adds e-signature capabilities to QBO Advancedhttps://www.accountingtoday.com/news/intuit-adds-e-signature-capabilities-with-docusign 44:00 - Accountant-created Bookgel releases new client acquisition apphttps://www.accountingtoday.com/news/accountant-created-bookgel-releases-new-client-acquisition-app 54:35 – We got a review! Thank you, Zankonator! 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:

Mar 10, 2021 • 47min
PREVIEW: Accounting Salon Conversations
SponsorWe'd like to thank our launch sponsor Rippling for making the Accounting Salon Conversations possible.Visit https://accountingsalonconversations.promo/ripplingGet in Touch with Ryantwitter.com/ryankwatsonfacebook.com/ryan.watson.986227linkedin.com/in/ryankeithwatsonUpsourced AccountingGet in Touch with Amandatwitter.com/aguillardacctfacebook.com/amanda.a.lo.3linkedin.com/in/amandaaguillardLinksLeave a review on Apple Podcasts or PodchaserFollow the Accounting Salon on TwitterVisit the Accounting SalonGet CPE credit at Elefant TrainingCheck out content created by Accounting Salon membersConnect with Accounting Salon members at eventsBrowse a list of Accounting ConferencesSubscribeSubscribe to the Accounting Salon Conversations podcast in your favorite podcast app!This podcast is a production of the Accounting Podcast NetworkWant to sponsor this podcast? Full transcript available upon request.

Mar 10, 2021 • 52min
AICPA Calls For SBA To Change Unfair PPP Guidance
SponsorsOdoo: https://cloudaccountingpodcast.promo/odooRelay Financial: https://cloudaccountingpodcast.promo/relayMarginDriver: https://cloudaccountingpodcast.promo/margindriverShow Notes2:30 - Cryptocurrency Buys Are Not Reportable To The IRShttps://www.cointracker.io/blog/cryptocurrency-buys-are-not-reportable-to-the-irs 7:29 - What’s in the $1.9T stimulus bill passed by the Senatehttps://www.accountingtoday.com/articles/whats-in-the-1-9t-stimulus-bill-passed-by-the-senate 13:47 - AICPA calls on SBA to change 'unfair' PPP guidance, deadlinehttps://www.journalofaccountancy.com/news/2021/mar/aicpa-calls-on-sba-to-change-unfair-ppp-guidance-deadline.html 16:05 - AICPA urges delay in tax deadline until June 15https://www.accountingtoday.com/news/aicpa-urges-delay-in-tax-deadline-until-june-15 19:42 - FreshBooks, Salt Edge Team On Open Banking Techhttps://www.pymnts.com/news/b2b-payments/2021/freshbooks-teams-with-salt-edge-smb-open-banking-tech/ 20:22 - QuickBooks launches all-new Business Account https://www.techradar.com/uk/news/quickbooks-launches-a-new-business-account-powered-by-fintech-modulr 20:36 - QuickBooks gets all Modulr with new business accounts https://www.enterprisetimes.co.uk/2021/03/03/quickbooks-gets-all-modulr-with-new-business-accounts/ 21:44 - Xero to buy Plandayhttps://www.accountingtoday.com/news/xero-to-buy-planday 25:33 – Why we’re securing your account with Multi-Factor Authenticationhttps://www.xero.com/blog/2021/03/introducing-xero-verify/ Xero – Further Reading https://www.planday.com/ Xero to acquire Planday to simplify workforce management and compliance https://www.xero.com/blog/2021/03/xero-to-acquire-planday/ Xero steps into workforce management space with $285m dealhttps://www.smh.com.au/business/small-business/xero-steps-into-workforce-management-space-with-285m-deal-20210304-p577s8.html Xero buys Planday: Accounting software firms biggest ever deal creates four growth optionshttps://www.afr.com/chanticleer/xero-s-biggest-ever-deal-creates-four-growth-options-20210304-p577q6 What our new multi-factor authentication process means for Aussie customers https://www.xero.com/blog/2021/03/mfa-what-it-means-for-au-customers/ A message from Anna Curzon: What the Planday acquisition means for you https://www.xero.com/blog/2021/03/what-the-planday-acquisition-means-for-you/ 28:06 - Countingup closes £9.1M for its business current account with built-in accounting features https://techcrunch.com/2021/03/04/countingup-series-a/ 29:33 - Square acquires majority of Tidal, Jay-Z’s streaming service, in $297 million deal.https://www.nytimes.com/2021/03/04/business/media/tidal-square-jay-z-dorsey.html 34:42 - The Robots Are Coming for Phil in Accounting - The New York Timeshttps://www.nytimes.com/2021/03/06/business/the-robots-are-coming-for-phil-in-accounting.html 42:37 - Burger Restaurant Renames Menu So You Can Expense Itemshttps://www.ladbible.com/news/food-burger-restaurant-renames-menu-so-you-can-expense-items-20210221 43:54 - Indoor marijuana grower keeps strict schedule to maximize output, avoid bottleneckshttps://mjbizdaily.com/indoor-marijuana-grower-schedule-maximizes-output-and-avoids-bottlenecks/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:

Mar 3, 2021 • 1h 2min
#Accountant Is Not What You Think It Is On TikTok
SponsorsRewind: https://cloudaccountingpodcast.promo/rewindBooksTime: https://cloudaccountingpodcast.promo/bookstimeOdoo: https://cloudaccountingpodcast.promo/odooShow Notes02:30 – Blake’s take on craptastic TikTok tax advicehttps://www.cloudaccountingpodcast.com/213 03:08 - How the word 'accountant' became synonymous with sex workers, strippers, and OnlyFans creators on TikTokhttps://www.insider.com/what-is-a-tiktok-accountant-meaning-meme-2021-2 04:38 – Rocky Paterra – I’m an Accountant https://www.youtube.com/watch?v=yNLNHzjeSd8 09:58 - TransferWise Rebrands To Wise https://www.pymnts.com/news/cross-border-commerce/cross-border-payments/2021/transferwise-rebrands-to-wise/ 10:25 - Receipt Bank is Now Dexthttps://www.accountingweb.com/technology/accounting-software-news/receipt-bank-is-now-dext 11:07 - Welcome to Dext - Dexthttps://dext.com/us/blog/welcome-to-dext Dext Product FAQs – Dext https://help.receipt-bank.com/hc/en-us/articles/360017865657-Dext-Product-FAQs 14:47 - White House will give small firms two-week exclusive PPP accesshttps://www.accountingtoday.com/articles/white-house-will-give-small-firms-two-week-exclusive-ppp-access 16:07 - Fraud Checks and Errors Slow Small-Business Relief Loanshttps://www.nytimes.com/2021/02/22/business/paycheck-protection-program-small-business-coronavirus.html?referringSource=articleShare 17:58 - Which States Are Taxing Forgiven PPP Loans?https://taxfoundation.org/state-tax-forgiven-ppp-loans/ 20:42 - Federal Reserve Financial-Services Systems Disrupted for Hourhttps://www.wsj.com/articles/federal-reserve-reports-several-business-lines-disrupted-by-operational-error-11614194912Rare Outage Takes Fed Payment Systems Offline https://www.cfo.com/credit/2021/02/rare-outage-takes-fed-payment-systems-offline/ 21:30 - Yellen sounds warning about 'extremely inefficient' bitcoinhttps://www.cnbc.com/2021/02/22/yellen-sounds-warning-about-extremely-inefficient-bitcoin.html 21:59 – CAP Crypto Update episode https://www.cloudaccountingpodcast.com/bonus214 23:33 - Bitcoin’s Value Is All in the Eye of the ‘Bithodler’https://www.wsj.com/articles/bitcoins-value-is-all-in-the-eye-of-the-bithodler-11613826002 25:03 - Companies investing in crypto may be in for a rude accounting surprise https://www.accountingtoday.com/news/companies-investing-in-crypto-may-be-in-for-a-rude-accounting-surprise 27:53 - Intuit's Q2 revenue declines due to later tax season https://www.zdnet.com/article/intuits-q2-revenue-declines-due-to-later-tax-season/ 28:21 - Square Doubles Down On Bitcoin; Posts Solid Q4https://www.pymnts.com/earnings/2021/square-doubles-down-on-bitcoin-generates-1-7-billion-in-crypto-revenue/ 29:06 - More than half of Square’s revenue now comes from bitcoin tradinghttps://www.paymentssource.com/news/more-than-half-of-squares-revenue-now-comes-from-bitcoin-trading 33:03 - What’s new in QuickBooks Online – February 2021https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-february-2021/ 35:26 - Help grow your small business with Venmo: Business profiles are officially available for all sellers http://blog.venmo.com/hf2t3h4x98p5e13z82pl8j66ngcmry/2021/2/24/help-grow-your-small-business-with-venmo-business-profiles-are-officially-available-for-all-sellers 38:02 - Latest product news – March 2021https://www.xero.com/blog/2021/03/latest-product-news-march-2021/ 40:12 - New & Improved in FreshBooks: Accounts Payable Aging Report, Credits, and Morehttps://www.freshbooks.com/blog/product-updates-february-2021 41:35 - ADP Launches 'Roll™ by ADP®' Mobile App, a Completely Reimagined Way for Small Businesses to Do Payrollhttps://www.prnewswire.com/news-releases/adp-launches-roll-by-adp-mobile-app-a-completely-reimagined-way-for-small-businesses-to-do-payroll-301235154.html 45:35 - Affirm Launching Buy Now, Pay Later Debit Card

Feb 25, 2021 • 1h 4min
Bad App Causes $900 Million Bill Pay Blunder
SponsorsDext: https://cloudaccountingpodcast.promo/dextOdoo: https://cloudaccountingpodcast.promo/odooRelay Financial: https://cloudaccountingpodcast.promo/relayShow Notes1:50 – David got bitten by the Bitcoin bug! 6:25 - Tax season off to a slow start, lawmakers complain to IRShttps://www.accountingtoday.com/news/tax-season-off-to-a-slow-start-lawmakers-complain-to-irs 8:19 – Is an end to the pandemic in sight? 12:27 - Take control of your calendar this busy seasonhttps://www.accountingtoday.com/opinion/take-control-of-your-calendar-this-busy-season 14:58 - Democrat bills would help the IRS go after wealthy, corporationshttps://www.accountingtoday.com/news/democrats-introduce-bills-to-increase-taxes-on-wealthy-and-corporations 22:00 - Screenshot of the Horrific UI Design That Led Citigroup to Accidentally Send $893 Million https://www.core77.com/posts/105540/Screenshot-of-the-Horrific-UI-Design-That-Led-Citigroup-to-Accidentally-Send-893-Million What can we learn from Citi's $900 million mistake? - DEV Communityhttps://dev.to/feileacan/what-can-we-learn-from-citi-s-900-million-mistake-3p0j 29:20 - Sales-Hiding Software Outsmarts U.S. Tax Collectors (Podcast)https://news.bloombergtax.com/financial-accounting/sales-hiding-software-outsmarts-u-s-tax-collectors-podcast 35:20 - Don’t Get Zapped: Enforcement against Businesses That Use Sales Suppression Software Is on the Upswinghttps://www.blankrome.com/publications/dont-get-zapped-enforcement-against-businesses-use-sales-suppression-software-upswing 37:33 - Most Restaurants Couldn’t Pay December’s Renthttps://www.pymnts.com/news/retail/2021/survey-says-most-nyc-restaurants-couldnt-pay-december-rent/ 39:28 - 32% of Small Businesses Have a Month or Less in Cash Reserveshttps://smallbiztrends.com/2021/02/alignable-small-business-cash-reserves-report-covid-recovery.html 43:01 - SURVEY: If Only We Had Time For…https://cpatrendlines.com/2021/02/18/survey-if-only-we-had-time-for/ 46:38 - Robinhood Fails to Meet Deadline to Give Customers Tax Formshttps://www.bloomberg.com/news/articles/2021-02-17/robinhood-misses-irs-deadline-to-give-customers-their-tax-forms 48:40 - Brex applies for bank charter, taps former Silicon Valley Bank exec as CEO of Brex Bank https://techcrunch.com/2021/02/19/brex-applies-for-bank-charter-taps-former-silicon-valley-bank-exec-as-ceo-of-brex-bank/ 49:12 - Iwoca Integrates With Xero For Pay Later Optionhttps://www.pymnts.com/news/b2b-payments/2021/iwoca-integrates-with-xero-for-smb-pay-later-option/ 50:35 - PayPal Wants To Become The Banking World's Next 'Super App'https://thefinancialbrand.com/107787/paypal-venmo-banking-super-mobile-app-payments/ 54:14 - PayPal - Pay touch-free with a QR codehttps://www.paypal.com/us/webapps/mpp/qrcode 54:16 - Revolut Business Introduces QR Codes For Paymentshttps://www.pymnts.com/news/payment-methods/2021/revolut-business-introduces-qr-codes-for-payments/ 55:41 – We’ve got VOICEMAIL! Thank you, Giuseppe for sharing your struggles with QuickBooks Cash! 59:37 - Shopify Smashes Estimates With Q4 Resultshttps://www.pymnts.com/news/retail/2021/shopify-q4-results-smash-estimates-growth-could-slow-post-covid/ 59:54 - Why Amazon Snapped Up Selzhttps://www.pymnts.com/amazon-acquisitions/2021/why-amazon-snapped-up-selz/ 60:12 - Exciting News! DEAR Systems and Orderhive have joined Cin7 https://www.cin7.com/blog/cin7/exciting-news-dear-systems-and-orderhive-have-joined-cin7/https://www.orderhive.com/orderhive-has-joined-cin7Get 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: ...

Feb 19, 2021 • 1h 6min
Deloitte Canada Gives Up On CAS
SponsorsBQE CORE: http://cloudaccountingpodcast.promo/coreBookkeep: https://cloudaccountingpodcast.promo/bookkeepBooksTime: https://cloudaccountingpodcast.promo/bookstimeShow Notes1:00 - Welcome back, Rachel Fisch! 2:40 - MNP to acquire subset of Deloitte business to expand footprint in select locations across Canadahttps://www2.deloitte.com/ca/en/pages/press-releases/articles/mnp-acquires-subset-of-deloitte-business.html 9:31 – Episode 49 Discussion about KPMG back in December of 2018https://www.cloudaccountingpodcast.com/49 14:49 - EY U.S. Chair Kelly Grier Is Super Excited About EY’s Super Bowl Ad, You Guyshttps://www.goingconcern.com/ey-u-s-chair-kelly-grier-is-super-excited-about-eys-super-bowl-ad-you-guys/ 15:15 – Take a listen to EY’s Super Bowl Ad 16:00 - Same year that EY elected to forgo performance based raises, it’s getting a super bowl commercial.https://www.reddit.com/r/Accounting/comments/ldxyha/same_year_that_ey_elected_to_forgo_performance/ 18:07 - Verizon, Deloitte Unveil 5G Retail Platformhttps://www.pymnts.com/news/retail/2021/verizon-deloitte-unveil-seismic-5g-powered-retail-productivity-and-efficiency-platform/ 21:46 – More about Elon Musk’s Starlink https://www.starlink.com/ 23:09 - Tax forms help reveal extent of unemployment fraud in UShttps://apnews.com/article/tax-forms-reveals-unemployment-fraud-d79070609d6f7eedc8a03b5e37b17506 27:11 - SBA works to fix PPP loan bottleneckshttps://www.accountingtoday.com/news/sba-works-to-fix-ppp-loan-bottlenecks 28:31 - Loan System Bugs Holding Up PPP Loans: AICPAhttps://www.cfo.com/credit/2021/02/loan-system-bugs-holding-up-ppp-loans-aicpa/ 30:13 - IRS warns of e-file identity theft scamhttps://www.accountingtoday.com/news/irs-warns-of-e-file-identity-theft-scam 32:40 - TSheets is Becoming QuickBooks Time https://www.intuitiveaccountant.com/general-ledger/tsheets-is-becoming-quickbooks-time/ 34:02 - Cleareye.ai and Microsoft partner on PPP loan forgiveness platformhttps://www.accountingtoday.com/news/cleareye-ai-and-microsoft-partner-on-ppp-loan-forgiveness-platform 35:19 - Former WageWorks CFO, CEO Settle Accounting Casehttps://www.cfo.com/legal/2021/02/former-wageworks-execs-settle-accounting-case/ 36:16 - Rippling Launches Time & Attendance Toolhttps://www.accountingweb.com/technology/accounting-software-news/rippling-launches-time-attendance-tool 38:20 - Zapier announces 3,000+ apps and brings automation inside partner productshttps://finance.yahoo.com/news/zapier-announces-3-000-apps-140800817.html 39:34 - The 7 best online whiteboards in 2021https://zapier.com/blog/best-online-whiteboard 42:42 - PayZen Nets $5M For Hospital Payment Platformhttps://www.pymnts.com/healthcare/2021/payzen-nets-5m-funding-for-hospital-payment-platform/ 44:12 - Credit Karma Integrates Account With TurboTaxhttps://www.pymnts.com/consumer-finance/2021/credit-karma-integrates-spend-account-with-turbotax-in-first-post-acquisition-move/ 45:17 - Another Remote-Work Year Looms as Office-Reopening Plans Are Delayedhttps://www.wsj.com/articles/another-remote-work-year-looms-as-office-reopening-plans-are-delayed-11613039402 49:27 - Salesforce says work from home is here to stayhttps://finance.yahoo.com/video/salesforce-says-home-stay-155726928.html 51:17 - Virtual accounting: How to succeed remotelyhttps://www.journalofaccountancy.com/news/2021/feb/virtual-accounting-remote-success.html 52:59 - Luckin Coffee files for bankruptcy after accounting scandalhttps://www.accountingtoday.com/articles/luckin-coffee-files-for-bankruptcy-after-accounting-scandal 53:36 - German Markets Watchdog Chief Fired Over Wirecard Scandalhttps://www.wsj.com/articles/german-markets-watchdog-chief-fired-over-wirecard-scandal-11611943958 54:17 – Stay tuned for more info on Rachel’s Accounting and Finance Tech Club events on Clubhouse (app)! Get in Touch with Rachel! Twitter: https://twitter.com/fischbooksLinkedIn: https://www.linkedin.com/in/rachelfisch/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 lik...

Feb 17, 2021 • 43min
Crypto Update with Shehan Chandrasekera & Dr. Sean Stein Smith
GuestsShehan Chandrasekera, CPAhttps://www.linkedin.com/in/shehanc/CPA Practice Advisor 40 Under 40 honoreeHead of Strategy for Tax at CoinTrackerDr. Sean Stein Smith, CPAhttps://www.linkedin.com/in/dr-sean-stein-smith-dba-cpa-63307444/Assistant Professor at Lehman College (CUNY)Founder at Company NameInstitute for Blockchain & Cryptoasset ResearchShow Notes2:55 - Bitcoin to Come to America’s Oldest Bank, BNY Mellonhttps://www.wsj.com/articles/bitcoin-to-come-to-america-s-oldest-bank-bny-mellon-11613044810 4:49 - Tesla Buys $1.5 Billion in Bitcoin: What Could Possibly Go Wrong?https://www.wsj.com/articles/tesla-and-bitcoin-what-could-possibly-go-wrong-11612797620 5:47 - What Do Bitcoin and Tulip Mania Have in Common?https://interestingengineering.com/what-do-bitcoin-and-tulip-mania-have-in-common 5:50 - The underlying value of cryptocurrency 7:00 - Store of value, or more? 8:18 - Exiting Robinhood Could Create A Tax Nightmare For Crypto Usershttps://www.forbes.com/sites/shehanchandrasekera/2021/01/28/exiting-robinhood-could-create-a-tax-nightmare-for-crypto-users/?sh=7a02ea1b4ad611:07 - Five taxable events regarding crypto 14:42 - Four types of cryptocurrency holders in the U.S.16:18 - If your clients hold crypto, what risks do you face, as an accountant, or tax preparer? 21:39 - Asking About Crypto on An Organizer? It's Not Enoughhttps://www.boomer.com/post/asking-about-crypto-on-an-organizer-it-s-not-enough?vgo_ee=76sfxqcZn66PFl4np71OpQ%3D%3DBy Gary Boomer 22:00 - Is Bitcoin a bubble? 33:27 - What does the future hold for Bitcoin? 38:53 - What are the business use cases for blockchain? 41:10 - Smart contracts in the blockchain Additional Crypto Reading: Mastercard to Support Some Cryptocurrencies on Its Networkhttps://www.wsj.com/articles/mastercard-to-support-some-cryptocurrencies-on-its-network-11613004823?mod=article_inline Intent On Ban, India To Give Transition Time To Crypto Investors https://www.bloombergquint.com/business/intent-on-ban-india-to-give-transition-time-to-crypto-investors-bq-exclusive As Bitcoin Soars Toward $50,000, Data Reveals Tesla Billionaire Elon Musk Triggered A $1.2 Billion Price Short-Squeezehttps://www.forbes.com/sites/billybambrough/2021/02/12/as-bitcoin-soars-toward-50000-data-reveals-tesla-billionaire-elon-musk-triggered-a-12-billion-bitcoin-price-short-squeeze/?sh=98368a2219ed Bitcoin Is an Incredibly Dirty Businesshttps://www.bloomberg.com/opinion/articles/2021-01-26/is-bitcoin-mining-worth-the-environmental-cost Bitcoin's wild ride renews worries about its massive carbon footprinthttps://www.cnbc.com/2021/02/05/bitcoin-btc-surge-renews-worries-about-its-massive-carbon-footprint.htmlWhat is dogecoin? Elon Musk has sent the meme cryptocurrency soaringhttps://finance.yahoo.com/news/what-is-dogecoin-the-meme-cryptocurrency-elon-musk-has-sent-soaring-170244933.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/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 and be sure to check out our special stimulus pricing of four episodes for just $100. Full Transcript Available Upon Request - ...

Feb 15, 2021 • 15min
Ed Kless on the Pandemic's Impact on Remote Work in Accounting
Meet Ed KlessLinkedIn - https://www.linkedin.com/in/edkless/Twitter - https://twitter.com/edklessSage - https://www.sage.com/en-us/blog/author/ed-kless/Sage Thought Leadership Podcast – https://sagethoughtleadership.comThe Soul of Enterprise – http://thesoulofenterprise.com/Show NotesAnother Remote-Work Year Looms as Office-Reopening Plans Are Delayedhttps://www.wsj.com/articles/another-remote-work-year-looms-as-office-reopening-plans-are-delayed-11613039402Learn more about the Sage Accountants Networkhttps://www.sage.com/en-us/accountants/products/sage-accountants-network/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 and be sure to check out our special stimulus pricing of four episodes for just $100. Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Feb 10, 2021 • 59min
Terrible TikTok Tax Advice
SponsorsQuickFee: https://cloudaccountingpodcast.promo/quickfeePractice Ignition: https://cloudaccountingpodcast.promo/piOdoo: https://cloudaccountingpodcast.promo/odooShow Notes1:30 - Terrible financial advice is going viral on TikTokhttps://www.vox.com/the-goods/22229551/tiktok-personal-finance-day-trading-tesla-scam1:44 - TikTok Compilation Life Hack A Piece Of Information You Learned That feels Illegal to Know MashUpshttps://www.youtube.com/watch?v=An3zt1xE6bA2:20 - Question: https://youtu.be/An3zt1xE6bA?t=163:40 - Start a church: https://youtu.be/An3zt1xE6bA?t=714:25 - S corp: https://youtu.be/An3zt1xE6bA?t=979:44 - Closing the Diversity Gap - Strategic Financehttps://sfmagazine.com/post-entry/february-2021-closing-the-diversity-gap/11:28 - Diverse talent leaving accounting jobs due to 'lack of inclusion'https://www.accountingtoday.com/news/diverse-talent-leaving-accounting-jobs-due-to-lack-of-inclusion13:00 - Accounting profession marks centennial of first Black CPA with new diversity campaignhttps://www.accountingtoday.com/news/accounting-profession-marks-centennial-of-first-black-cpa-with-new-diversity-campaign13:20 - Here's Another Reminder That Accounting Firms Used to Be Pretty Racist Back In the Dayhttps://www.goingconcern.com/heres-another-reminder-that-accounting-firms-used-to-be-pretty-racist-back-in-the-day/14:00 - BlackCPAcentennial https://www.icpas.org/BlackCPAcentennial15:47 - What Auditors Know about Amazon Product Ratingshttps://cpatrendlines.com/2021/02/05/what-auditors-know-about-amazon-product-ratings/The Paper: Audit Leadership Diversity and Audit Qualityhttp://hdl.handle.net/10125/7047321:16 - TSheets is Becoming QuickBooks Time https://www.intuitiveaccountant.com/general-ledger/tsheets-is-becoming-quickbooks-time/Introducing QuickBooks Time: It’s TSheets … with a new namehttps://quickbooks.intuit.com/blog/news/introducing-quickbooks-time-its-tsheets-with-a-new-name/22:01 - QuickBooks Online Accountants Getting Upgrade https://www.accountingweb.com/technology/accounting-software-news/quickbooks-online-accountants-getting-upgrade23:54 - Intuit - Changes to QuickBooks Online Payments Bank Transfer (ACH) Deposit Speed & Pricinghttps://intuit.me/3tSGicC26:06 - Small Business Bank Account & Debit Card - QuickBooks Cash https://quickbooks.intuit.com/payments/business-bank-account/27:37 - CAP Listener, Todd Plager, weighs in on QuickBooks Cash30:00 - Intuit Acquires OneSaas https://www.intuit.com/blog/investors/intuit-acquires-onesaas/32:21 - Okta: Best-of-Breed Apps Are Still Winning https://www.saastr.com/okta-best-of-breed-apps-are-still-winning/34:24 - Xero: Latest product news – February 2021https://www.xero.com/blog/2021/02/latest-product-news-february-2021/38:02 - Here's Why This Fintech Stock Is Skyrocketing on Fridayhttps://www.fool.com/investing/2021/02/05/heres-why-this-fintech-stock-is-skyrocketing-on-fr/42:06 - Cloud AP/AR company Lockstep closes $10M in Series A fundinghttps://www.accountingtoday.com/news/cloud-accounting-company-lockstep-closes-10m-in-series-a-funding42:41 - Whistleblowing soars to record with Americans working from homehttps://www.accountingtoday.com/articles/whistleblowing-soars-to-record-with-americans-working-from-home43:45 - Microsoft CEO Nadella Bets Businesses Are Ready to Spend Big on Employee Softwarehttps://www.wsj.com/articles/microsoft-ceo-nadella-bets-businesses-are-ready-to-spend-big-on-employee-software-11612447214Microsoft Vivahttps://www.microsoft.com/en-us/microsoft-viva45:46 - Deloitte in hot water in China after an employee makes a PPT exposing alleged accounting violations https://www.globaltimes.cn/page/202102/1215067.shtmlDeloitte Whistleblower Alleges Auditing Violations in Chinahttps://www.caixinglobal.com/2021-02-06/deloitte-whistleblower-alleges-auditing-violations-in-china-101661171.html49:20 - CDC paid Deloitte $44 million for faulty vaccine appointment system https://www.businessinsider.com/cdc-deloitte-flawed-coronavirus-vaccine-appointment-system-2021-253:21 - We've got VOICEMAIL! Thank you, Sean Birdsell! 55:18 - Taxpayers need clarity on coordination of ERC and PPP loanshttps://www.journalofaccountancy.com/news/2021/jan/ppp-loan-employee-retention-credit-erc-taxpayers-need-clarity.htmlGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet