The Accounting Podcast

Learn more about intheBlk software at http://www.intheblksoftware.com.  Subscribe: Listen on iTunesListen on Google Play

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Show NotesNew Bank Feeds using Tokens — Insightful Accountant — This overhaul provides a faster and more reliable method for connecting with your bank so that your account transactions stay up to date with fewer sync errors. Initially, three banks agreed to participate in the new connection type; Chase, Wells Fargo and Bank of America. China Tariffs Threaten Cloud Costs — Wall Street Journal — The Trump administration’s proposed tariffs on $200 billion of Chinese goods includes levies of up to 25% on routers, switches and servers that will raise prices for cloud services in the U.S. According to this Wall Street Journal article, a 10% levy on these imports would slow U.S. economic output by $163 billion over the next 10 years, while a 25% levy would slow output by $332 billion. Tired of Excel hell during planning cycle? Sage Intacct reveals acquisition — Enterprise Times — Sage has announced the release of its own budgeting and planning application for small to midsize businesses. Budgeta is now rebranded Sage Intacct Budgeting and Planning. AI And Machine Learning Could Empower Your Accounting Career Path — Forbes — Levi Morehouse of Ceterus says that accountants "can either become communicators of critical business data and information, empowered to advise key stakeholders on business initiatives based on keen insight; or they can become experts in redesigning traditional industry processes to be more efficient by leveraging modern technology.” Leadership and Life Lessons from Amazon’s Jeff Bezos — Wall Street Journal — Amazon.com CEO Jeff Bezos tries never to schedule a meeting before 10 a.m. and likes to make a small number of high-quality decisions daily. PwC's Digital Accelerators program looks to future-proof staff — Accounting Today — In a constantly changing business environment, the Big Four firm is doubling down on education to prepare its employees. Focus on Billable Hours Drives Millennials Away — CPA Practice Advisor — The point of this article isn’t the age old question of billable hours vs. value pricing. The focus today is the value our people provide to our firms and how we measure that value in a way that doesn’t drive them away. She Didn’t Win Miss America, But Miss Missouri’s Appearance Was a Win for Accountants Everywhere — Going Concern — Miss Missouri, Katelyn Lewis, is a senior at Missouri Baptist University, receiving a BS in Accounting. Subscribe: Listen on iTunesListen on Google Play

Stories in this episode:Stephen Kelly ousted as Sage CEO after dismal results and faltering transformation — DiginomicaWhy Technology Won't Hurt Client Relationships — AccountingWebKevin Garnett Sues Accountant Over $77 Million Lost To Wealth Manager — CBS BostonXero expands machine learning features for small businesses — ZDNetThe Top 100 Most Influential People in Accounting — Accounting TodayHow Blockchain Is Disrupting Enterprise Finance And Accounting Departments — CMSWireThe Accountant Unemployment Rate Remains Low in Q2 — Robert HalfSubscribe: Listen on iTunesListen on Google Play

Show NotesBuy Xero for Dummies on AmazonWatch Heather Smith’s popular YouTube channelListen to the Cloud Stories podcastSubscribe to Heather Smith's email newsletterSubscribeListen on iTunesListen on Google Play

Stories in this episode:CPA Practice Advisor Announces the "40 Under 40" and "20 Under 40" for 2018 — CPA Practice AdvisorAccounting Partners are just Franchisees — MediumThe Story of a Remote CPA in Indonesia with No Internet Connection — Ryan Lazanis’ BlogFASB simplifies accounting for cloud computing service costs — Journal of AccountancyBitcoin Accepted [Everyw]here: Square Wins Patent for Cryptocurrency Payment Network - CNNSubscribe: Listen on iTunesListen on Google Play

Show NotesLearn more about Practice Ignition and connect with Guy Pearson on LinkedIn. Visit his accounting firm Interactive Accounting.Read The Global Talent Crunch report by Korn Ferry to learn how global talent shortages will constrict growth for organizations and economies in the future of work.Buy The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz on Amazon.Subscribe:Listen on iTunesListen on Google Play

Stories in this episode:Intuit CEO Brad Smith to Step Down — WSJBrad Smith will step down as Intuit CEO at end of year — CNBCSage Group shares plummet as Deutsche Bank downgrades software firm to 'sell' — Proactive InvestorsThomson Reuters debuts cloud accounting app for small businesses — Accounting TodayThe one ASX company Bronte Capital thinks could be a $100b global tech giant — Australian Financial ReviewBest Practices for the Month-End Close: Interactive Panel Discussion with Accounting Leaders — FloQastSubscribe: Listen on iTunesListen on Google Play

Stories in this episode:Meet the 15-year-old who's the Microsoft Excel world champion (which is a real thing) — CNNMinding the expectation gap in a CAS engagement — Journal of AccountancySubscribe: Listen on iTunesListen on Google Play

Stories in this episodeXero acquires Hubdoc — Accounting TodayWelcoming Hubdoc to the Xero family — Xero BlogSubscribe: Listen on iTunesListen on Google Play