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Cloud Accounting Podcast Profile

Cloud Accounting Podcast

English, News media, 1 season, 479 episodes, 1 day, 2 hours, 43 minutes
About
The Cloud Accounting Podcast is the #1 accounting and bookkeeping podcast in the world! Join Blake Oliver and David Leary at the intersection of accounting and technology for a weekly news roundup, plus interviews with industry leaders.
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ChatGPT Beats Humans at Financial Statement Analysis

SponsorsLiveFlow - http://accountingpodcast.promo/liveflowRightRev - http://accountingpodcast.promo/rightrevMakers Hub - http://accountingpodcast.promo/makershubChapters(00:38) - Blake's Conference Adventures (03:13) - AI and the Future of Auditing (05:16) - Insights from the IMA Conference (10:00) - The AI Tipping Point (14:48) - Microsoft Announces Delay of Their Ai Recall Tool (21:33) - AI in Financial Statement Analysis (34:12) - Community and Future Plans (38:08) - Synapse Bankruptcy and What It Means for FinTech Banks (49:50) - PwC and OpenAI Partnership (51:39) - EY Is Spending $1 Billion on Something (53:48) - Big Four Compensation Insights (57:16) - Fake News on Stimulus Checks (01:00:52) - Listener Mail and Advice for Starting a Firm (01:07:27) - Wrap-up and Announcements  Show NotesStudy: ChatGPT Better at Financial Statement Analysis Than Humanshttps://nysscpa.org/news/publications/the-trusted-professional/article/study-chatgpt-better-at-financial-statement-analysis-than-humans-060524PwC to resell ChatGPT Enterprisehttps://www.accountingtoday.com/news/pwc-to-become-first-official-reseller-for-openai-for-openais-chatgpt-enterpriseEY US to invest $1 billion in compensation and technology to improve the attractiveness of the accounting professionhttps://www.ey.com/en_us/newsroom/2024/06/ey-us-to-invest-1-billion-in-compensation-and-technologyChange is in the air: And it is helpful.https://www.orcpa.org/news/13ff8628-9c17-43b1-858a-148af698c818:change-is-in-the-air-and-it-is-helpfulPotential deposit shortfall in Synapse bankruptcy falls in regulatory grey areahttps://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/potential-deposit-shortfall-in-synapse-bankruptcy-falls-in-regulatory-grey-area-82041848Apple brings ChatGPT to Siri as it debuts ‘Apple Intelligence’ at WWDC 2024https://www.theguardian.com/technology/article/2024/jun/10/apple-ai-product-launchHow does Sam's Club AI work?https://www.statesman.com/story/news/state/2024/05/02/sams-club-ai-check-receipt-exit-stores-texas-locations/73526045007/ How fake stories about IRS stimulus checks took over the internethttps://www.fastcompany.com/91138837/fake-stories-irs-stimulus-checks-flood-internet-google-newsFact Check: Is The IRS Really Giving An $8700 Stimulus Check?https://finance.yahoo.com/news/fact-check-irs-really-giving-192246766.htmlNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
6/20/20241 hour, 9 minutes, 5 seconds
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The Compelling Case for Nearshoring Accounting to Argentina

Discover the compelling advantages of nearshoring your accounting and finance functions to Argentina. In this episode, Nicolás Villafañe, partner at South Offices, shares his insider perspective on why Argentina is a top destination for accessing skilled talent while enjoying significant cost savings compared to hiring in the US.Learn how Argentina's timezone alignment, cultural affinity, and highly qualified pool of licensed CPAs can provide your business with a seamless experience as if you were hiring remote employees. Nicolás also shares a case study of how his firm has partnered with a US client to build a successful, integrated team.If you've been considering nearshoring options, this episode is packed with valuable insights to help you evaluate your choices and unlock the benefits for your business. Tune in now to explore the power of nearshoring!Meet Our Guest, Nicolás VillafañeLinkedIn: https://www.linkedin.com/in/nicolasvillafane/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
6/17/202424 minutes, 3 seconds
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Will Intuit Go Red in the 2024 Election?

Blake and David get brutally honest about why pricey accounting conferences are a no-go and how the industry sidelines neurodivergent professionals. You'll also get a rundown of the rebranded Intuit Connect event's new direction, the political firestorm around IRS Direct File, and a Google Sheets update that will blow your mind. From the mailbag, don't miss one reader's incredible story of passing the CPA exam in record time and our take on why firms need to rethink degree requirements. Plus, we offer real-talk advice for starting your ownbookkeeping biz and take shots at the infamous 150-hour rule.SponsorsOnPay - http://accountingpodcast.promo/onpay Relay - http://accountingpodcast.promo/relayMakers Hub - http://accountingpodcast.promo/makershubChapters(01:02) - David Has FOMO (03:50) - The Cost of AICPA Engage (07:11) - ADHD and Conferences (16:39) - Community Engagement and Comments (21:23) - Intuit Connect Announcement & Going After the Mid-Market (28:54) - Future of Accounting with AI (32:59) - AI Agents Replacing Human Labor (34:07) - Preparing for a Future in Accounting (35:06) - The Value of Practical Experience (36:52) - Listener Feedback and Community Engagement (39:14) - Intuit and IRS Direct File Controversy (48:20) - Google Sheets' New Conditional Notifications (51:11) - Listener Mailbag: Unique Paths to CPA (55:28) - Earning Your Accounting Degree Quick! (59:13) - The Debate on College Degrees and Signaling (01:04:29) - Closing Remarks and Thanks for Listening  Show NotesHouse GOP proposes IRS funding cuts, defunding free tax filing ...Intuit Connect 2024 - Formerly QuickBooks ConnectGoogle Sheets’ new ‘conditional notifications’ easily keep track of small changes - The VergeNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
6/13/20241 hour, 5 minutes, 25 seconds
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From Compliance to Consulting: A CPA's Journey into M&A and Business Valuation

Anthony Venette, Director of Business Valuation and Advisory Services at DeJoy & Co., joins Blake to discuss his unconventional career path and the world of business valuation. Anthony shares his journey from audit to tax and eventually to valuation, highlighting the importance of soft skills and effective communication in advisory roles. He also provides valuable insights into the day-to-day life of a valuation professional and offers advice for young CPAs interested in pursuing this career path.Meet Our Guest, Anthony VenetteLinkedIn: https://www.linkedin.com/in/anthonyvenettecpaabv/Learn more about DeJoy & Co.https://www.teamdejoy.com/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
6/7/202424 minutes, 41 seconds
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What's the Journal Entry for a Hush Money Payment?

Blake and David delve into the accounting and bookkeeping aspects of Donald Trump's recent guilty verdict in New York. They discuss the charges related to falsifying business records and hush money payments and explore the potential implications for Trump's businesses and campaign. Their conversation also touches on the current state of AI in accounting, the retirement of AICPA president Barry Melancon, and the challenges facing the profession in attracting new talent.SponsorsLiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho Blue Onion - http://accountingpodcast.promo/blueonion Bean - http://accountingpodcast.promo/beanChapters(01:10) - Breaking Down Trump's Guilty Verdict (02:56) - Analyzing the Charges (04:52) - Legal Implications and Campaign Finance (07:54) - Trump's Bookkeeping and Legal Strategies (10:01) - Asking ChatGPT How This Entry Should Have Been Coded (17:14) - Commercial Real Estate and Trump's Properties (24:50) - Puzzle Accounting and AI Automation (29:15) - Rose Financial's EASBY adds AI (33:23) - Challenges in AI Categorization (34:07) - Human Oversight in AI Accounting (35:38) - Digits' AI Performance and Market Comparison (39:10) - Live Listener Question: Career Path in Accounting (42:28) - University of Scranton Brags About Number of Accounting Papers They've Published (43:00) - AICPA's Future as President Barry Melancon Announces Retirement (52:32) - App Review: Rose AI-Powered Spreadsheet (54:34) - Watch Our TurboTax Business Assisted 2024 Review and Listen to the Best Metrics Podcast (57:07) - Earn CPE For Listening To Our Podcast  Show Notes"Who's the victim of Trump's Bookkeeping?" Washington Examinerhttps://www.washingtonexaminer.com/daily-memo/3014100/who-is-the-victim-of-trumps-bookkeeping/ Trump May Owe $100 Million From Double-Dip Tax Breaks, Audit Showshttps://www.nytimes.com/2024/05/11/us/trump-taxes-audit-chicago.html The Office-Market Meltdown Comes for Trump’s Prized Wall Street Buildinghttps://www.wsj.com/real-estate/commercial/the-office-market-meltdown-comes-for-trumps-prized-wall-street-building-31b3a667 Profession Leader Humbly Requests You STFU About Long Hours, Busy Season, and Stresshttps://www.goingconcern.com/profession-leader-humbly-requests-you-stfu-about-long-hours-busy-season-and-stress/ New AICPA chair: ‘We need to promote the cool work we do’https://www.journalofaccountancy.com/issues/2024/jun/new-aicpa-chair-we-need-to-promote-the-cool-work-we-do.html Rose Financial Solutions Sets Goal to Automate 85% of Finance and Accounting Activities by 2030https://www.prnewswire.com/news-releases/rose-financial-solutions-sets-goal-to-automate-85-of-finance-and-accounting-activities-by-2030-302145576.html TAP: TurboTax Business Assisted Review 2024 (for Tax Year 2023)https://www.youtube.com/watch?v=zaaMIV1lyns Check out Best Metrics here: https://bestmetrics.transistor.fm/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
6/3/202459 minutes, 52 seconds
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Rethinking Accounting Education in the Age of AI

Dr. Mfon Akpan, Assistant Professor of Accounting at Methodist University joins Blake and David for a conversation on the impact of AI on accounting education, the challenges faced by accounting graduates entering the workforce, and the future of the CPA profession. Dr. Akpan shares his insights on incorporating AI into the classroom and the importance of lifelong learning in the rapidly evolving world of technology.Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/casKeeper - http://accountingpodcast.promo/keeperBean - http://accountingpodcast.promo/beanChapters(01:43) - AI in Accounting Education (02:49) - Prompting Techniques for AI (04:36) - Practical Applications of AI in Accounting (05:52) - Challenges and Benefits of AI in Education (07:00) - Incorporating AI into Accounting Curriculum (15:07) - Debate on Accounting Education and Skills Gap (23:51) - The 5th-Year Requirement for CPAs (35:01) - The Value of Personal Interaction in Education (35:42) - The Importance of Smaller Class Sizes (37:33) - The Role of AI in Education (41:29) - Improving Salaries in the Accounting Profession (43:09) - The Impact of Technology on Accounting Jobs (43:55) - Balancing Work and Life in Accounting (56:26) - The Future of Accounting Education (01:00:27) - Embracing AI in Accounting (01:03:30) - Final Thoughts and Conclusion  Meet our Guest, Dr. Mfon AkpanWebsite: https://mfonakpan.com/LinkedIn: https://www.linkedin.com/in/drmfonakpan/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
5/31/20241 hour, 4 minutes, 14 seconds
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The Startups Seeking to Dethrone QuickBooks

Blake and David dig into reports from the Illinois CPA Society and National Pipeline Advisory Group highlighting issues like long work hours, the 150-hour rule, and low starting salaries. They examine the potential disruption of traditional accounting software by startups and vertical SaaS companies offering embedded accounting functionality and review some of the CPA Practice Advisor Readers' Choice Awards. Wrapping things up, they highlight the health risks of long working hours, and discuss the need for better work-life balance in accounting firms, based on a recent WHO report.SponsorsOnPay - http://accountingpodcast.promo/onpay Cloud Accountant Staffing - http://accountingpodcast.promo/casKeeper - http://accountingpodcast.promo/keeperBlue Onion - http://accountingpodcast.promo/blueonionChapters(01:44) - Does QuickBooks have some new competition? (07:05) - Layer wants to be a GL service (10:08) - Lili's place in the marketspace (13:26) - The role of accountants in software success (16:28) - CPA Practice Advisor's 2024 Reader Choice Awards (18:53) - Illinois CPA Society survey results (25:31) - WHO publishes estimates on health costs from working long hours (30:02) - The long-awaited NPAG Impact Report was released! (33:11) - Identifying pipeline problems (35:06) - Reasons students don't choose accounting majors (49:45) - Final points from report (53:31) - Blake's theory on why accounting starting salaries are low (01:00:15) - Thanks for listening and remember to subscribe  Show NotesTeal Announces $8M Seed Investment to Drive Next-Gen Accounting Products for Vertical SaaShttps://www.businesswire.com/news/home/20240520567117/en/Teal-Announces-8M-Seed-Investment-to-Drive-Next-Gen-Accounting-Products-for-Vertical-SaaSEmbedded accounting startup Layer secures $2.3M toward goal of replacing QuickBookshttps://techcrunch.com/2024/05/15/embedded-accounting-layer-2-3m-quickbooks/?guccounter=1Illinois CPA Society Releases Updated CPA Pipeline Reporthttps://www.icpas.org/about-us/press/press-release-details/2024/05/16/illinois-cpa-society-releases-updated-cpa-pipeline-reportNational Pipeline Advisory Group releases draft strategy reporthttps://www.accountingpipeline.org/draft-report/Embedded accounting startup Layer secures $2.3M toward goal of replacing Quickbooks | TechCrunch                https://techcrunch.com/2024/05/15/embedded-accounting-layer-2-3m-quickbooks/ The Best Tech for Accounting Firms: CPAs Voted for Readers Choice Tech Awards        https://www.cpapracticeadvisor.com/2024/05/15/2024-cpa-practice-advisor-readers-choice-award-winners-announced/105089/ Lili Launches New Accountant AI for Small Business Financial Management   https://www.cpapracticeadvisor.com/2024/05/16/lili-launches-new-accountant-ai-for-small-business-financial-management/105520/ Embedded accounting startup Layer secures $2.3M toward goal of replacing QuickBooks     https://techcrunch.com/2024/05/15/embedded-accounting-layer-2-3m-quickbooks/ Kabbage Inc. Settles Allegations of PPP Fraud        https://smallbiztrends.com/?p=1487492 US accounting group bows to calls for faster path for recruitshttps://www.ft.com/content/b6562303-cfda-4c6e-bb7b-8fe6e092bb01 National Pipeline Advisory Group releases draft strategy report - National Pipeline Advisory Group   https://www.accountingpipeline.org/draft-report/ Bench and Shopify alumni announce $11M CAD to build “the Stripe for accounting” with Teal - BetaKit                https://betakit.com/bench-and-shopify-alumni-announce-11-million-cad-to-build-the-stripe-for-accounting-with-teal/ Embedded accounting startup Teal raises $8M seed          https://www.axios.com/pro/fintech-deals/2024/05/20/embedded-accounting-teal-8-million-seed The Indicator from Planet Money : NPRhttps://www.npr.org/2024/05/17/1197964709/trade-wars-and-talent-shortages Canadian fintech Teal raises $8M to build ‘Stripe for accounting’               https://techfundingnews.com/canadian-fintech-teal-raises-8m-to-build-stripe-for-accounting/ Kabbage to pay $120M in PPP fraud settlements with DOJhttps://www.bankingdive.com/news/kabbage-pay-120-million-ppp-fraud-doj-small-business-loan-pandemic/716053/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or
5/24/20241 hour, 1 minute, 17 seconds
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Trump Accountants Take the Stand Before the Stormy Daniels

This week, Blake and David are puzzled by the results of a survey that shows 40% of tax professionals believe generative AI will allow them to charge clients higher rates. They also cover the sham audit firm BF Borgers and question why the firm's CPA is still licensed despite SEC charges. Blake demonstrates how he uses Zapier Central to build an AI agent that can automatically respond to client emails about the status of their tax returns. Wrapping up, they examine Digits' $35 million raise and pivot to bill pay, and Xero's new filtering functionality for bank reconciliations. SponsorsLiveFlow - http://accountingpodcast.promo/liveflow Cloud Accountant Staffing - http://accountingpodcast.promo/casKeeper - http://accountingpodcast.promo/keeperBlue Onion - http://accountingpodcast.promo/blueonionChapters(00:53) - Generative AI's Impact on Pricing (05:39) - The Curious Case of BF Borgers and Sham Audits (08:19) - The Slow Response of Regulatory Bodies to Fraud (18:07) - NASBA Hires New President (19:24) - NASBA and the CPA Exam: A Call for Modernization (28:16) - The Trump Stormy Daniels NY Trial (35:19) - Rudy Giuliani's Financial Woes: A Deep Dive (38:18) - Building AI Agents with Zapier Central: A How-To Guide (39:38) - AI Tools for Productivity: Insights from ClickUp (40:41) - The Power of AI in Automating Client Communication (48:04) - The Big Money in AI-Powered Practice Management (53:54) - Bill Pay Innovations and Market Dynamics (55:12) - Xero's New Features and Bank Feed Improvements (58:58) - The Real Value of Dashboards in Business Management (01:04:10) - Closing Remarks and Future Events  Show NotesRudy Giuliani Forced to Learn Accounting After Bankruptcy Beancounter Bailshttps://www.thedailybeast.com/rudy-giuliani-forced-to-learn-accounting-after-bankruptcy-beancounter-bails Stormy Daniels payment puts focus on Trump and check-writing as trial testimony resumeshttps://www.nbcnews.com/politics/donald-trump/former-white-house-executive-assistant-stand-trump-trial-dramatic-stor-rcna151578 Trump Accountant on His Stormy Daniels Coverup Notes: ‘I Made a Boo-Boo’https://www.yahoo.com/news/trump-accountant-stormy-daniels-coverup-152934446.html Trump Accountant Exposes Checks to Michael Cohen in Damning Testimonyhttps://newrepublic.com/post/181344/trump-accountant-checks-signed-michael-cohen-hush-money-trial What’s new in Xero — May 2024 - Xero Blog      https://blog.xero.com/product-updates/whats-new-in-xero-may-2024/ End of Trump Media’s Auditor Jolts Hundreds of Other Companies      https://news.bloombergtax.com/financial-accounting/end-of-trump-medias-auditor-jolts-hundreds-of-other-companies Trump Media hires new auditor after previous accounting firm charged with 'massive fraud'  https://www.cnbc.com/2024/05/06/trump-media-hires-new-auditor-after-accounting-firm-charged-with-fraud.html Digits Launches AI Bill Pay for Small Businesses            https://www.pymnts.com/news/b2b-payments/2024/digits-launches-ai-bill-pay-for-small-businesses/ Countsy Debuts Platform to Streamline Back-Office Managementhttps://www.pymnts.com/back-office/2024/countsy-debuts-platform-to-streamline-back-office-management/ Why we’re calling 2024 ‘the year of the US bank feed’  https://blog.xero.com/product-updates/year-of-the-us-bank-feed/ Let's Meet NASBA's Next President and CEO    https://www.goingconcern.com/lets-meet-nasbas-next-president-and-ceo/ Digits Launches AI Bill Pay for Small Businesses            https://www.pymnts.com/news/b2b-payments/2024/digits-launches-ai-bill-pay-for-small-businesses/ Digits AI Bill Pay -- The World's First AI Bill Pay, Built Specifically For Startupshttps://www.prnewswire.com/news-releases/digits-ai-bill-pay--the-worlds-first-ai-bill-pay-built-specifically-for-startups-302131944.html Imagine the Chaos If the PCAOB Starts Naming and Shaming Audit Deficiency Clientshttps://www.goingconcern.com/imagine-the-chaos-if-the-pcaob-starts-naming-and-shaming-audit-deficiency-clients/ 'Nobody seems interested' in helping Giuliani with accounting in bankruptcy case, lawyers claimhttps://thehill.com/video/%e2%80%98nobody-seems-interested%e2%80%99-in-helping-giuliani-with-accounting-in-bankruptcy-case-lawyers-claim/9675968/Canopy Secures $35 Million in Funding to Enhance AI-Powered Practice Management for Accounting Firms https://www.einnews.com/pr_news/709723429/canopy-secures-35-million-in-funding-to-enhance-ai-powered-practice-management-for-accounting-firms  Trump Media Replaces Its Accounting Firm BF Borgers With Semple, Marchal & Cooperhttps://www.fxleaders.com/news/2024/05/06/trump-media-replaces-its-accounting-firm-bf-borgers-with-semple-marchal-cooper/ Trump Org. accounting system was de...
5/17/20241 hour, 7 minutes, 53 seconds
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Exploring Non-Traditional Accounting Careers in Government

Cody Turley, CPA and Certified Fraud Examiner, joins Blake and David to discuss his SEC career path, describing what it's like to investigate securities law violations. He emphasizes that while Big Four experience is valuable, it's not the only way to have a successful and meaningful accounting career. Cody shares insights into the benefits of working in government accounting roles, including greater responsibility early on, work-life balance, and the ability to transition to public accounting or industry later if desired.Meet Our Guest, Cody TurleyLinkedIn: https://www.linkedin.com/in/cody-turley-cpa-cff-cfe-776254122/Learn about SEC internship opportunities: https://www.sec.gov/pathways-internship-programNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
5/13/202421 minutes, 7 seconds
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SEC Charges Trump's Audit Firm with Massive Fraud

The SEC charged Trump's audit firm with a massive fraud – 1,500 fake filings over 2.5 years! Plus, hundreds of small US banks are at risk due to commercial real estate loan exposure. We're also talking about the potential of AI tools like Claude and ChatGPT to automate various accounting and business tasks, the controversial Corporate Transparency Act's beneficial ownership reporting requirements, and the possibility of its repeal. We wrap with fintech and crypto news, including Mercury Bank's rapid growth and potential regulatory issues.Sponsors Zoho - http://accountingpodcast.promo/zohoRelay - http://accountingpodcast.promo/relayKeeper - http://accountingpodcast.promo/keeperHarbor Compliance - http://accountingpodcast.promo/harborChapters(09:04) - Anthropic launches Claude for teams (11:12) - More LLM models pass CPA exam (18:28) - Blake demonstrates AI's abiity to help with emails (32:56) - 28 AI prompts for small businesses (36:39) - Oregon Senator going after TurboTax to issue refunds to Oregonians (38:44) - The possibility of a regional banking crisis (48:12) - The Corporate Transparency Act might be repealed (54:15) - Tether claims they can't find a Big 4 firm to audit them (56:54) - Mecurity Bank being looked at by FDIC (01:02:05) - Square to allow users to transfer percent of daily sales to Bitcoin (01:03:26) - Download and sign up for the Earmark app  Show NotesAnthropic launches a free Claude iOS app and Team, its first enterprise plan | ZDNEThttps://www.zdnet.com/article/anthropic-launches-a-free-claude-ios-app-and-team-its-first-enterprise-plan/ SEC.gov | SEC Charges Audit Firm BF Borgers and Its Owner with Massive Fraud Affecting More Than 1,500 SEC Filingshttps://www.sec.gov/news/press-release/2024-51 Oregon senator demands refunds for TurboTax customers over glitch | Accounting Todayhttps://www.accountingtoday.com/news/oregon-senator-demands-refunds-for-turbotax-customers-over-glitch Can LLMs Pass the CPA Exam? Evaluating Large Language Model Performance on the Certified Public Accountant Test by Will Zacher, Sanmukh Kuppannagari :: SSRN           https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4788096 Sam Altman says helpful agents are poised to become AI’s killer function | MIT Technology Review    https://www.technologyreview.com/2024/05/01/1091979/sam-altman-says-helpful-agents-are-poised-to-become-ais-killer-function/ Why hundreds of U.S. banks may be at risk of failure   https://www.cnbc.com/2024/05/01/why-hundreds-of-us-banks-may-be-at-risk-of-failure.html Tether CEO Says An Audit By A Big Four Giant Is Our Top Priority            https://coingape.com/tether-ceo-says-an-audit-by-a-big-four-giant-is-our-top-prioritterrestrialBlock lets Square merchants convert a part of their daily sales to bitcoinhttps://techcrunch.com/2024/04/24/block-now-lets-square-merchants-convert-a-part-of-their-daily-sales-to-bitcoin/ The 28 best AI prompts for small businesses    https://www.sage.com/en-us/blog/the-28-best-ai-prompts-for-small-businesses/ Congress considers how to fix the Corporate Transparency Acthttps://www.accountingtoday.com/news/congress-considers-how-to-fix-the-corporate-transparency-act Article from www.congress.gov              https://www.congress.gov/bill/118th-congress/house-bill/8147/cosponsors Binance founder Changpeng Zhao sentenced to 4 months in prison after plea dealhttps://www.cnbc.com/2024/04/30/binance-founder-changpeng-zhao-cz-sentenced-to-four-months-in-prison-.htmlNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher:
5/9/20241 hour, 8 minutes, 10 seconds
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Finally! A Tax Bill That Adds Up

Blake and David examine the latest tax legislation traveling through Congress, including a new bill requiring the IRS to provide detailed explanations for math errors on tax returns. They also discuss the IRS's new direct file program, the banning of non-compete agreements, and the coolest profession around (spoiler alert: it's not accounting). Lastly, they touch on the concerning data breach at BerryDunn and the AICPA's efforts to rebrand the CPA to attract more young people to the field.SponsorsLiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zohoKeeper - http://accountingpodcast.promo/keeperHarbor Compliance - http://accountingpodcast.promo/harborChapters(02:40) - New proposed IRS Math Act (05:42) - IRS wraps first season with free file program (09:44) - "The Magician" tax preparer arrested for $100 million tax fraud (15:11) - The future of social security (19:01) - Sam Bankman-Fried makes a deal in civil suit (20:34) - FTC rules noncompetes are unlawful (25:32) - Ryan Tax Firm challenges FTC noncompete ruling (28:04) - QuickBooks Live announcement upsets accountants (41:24) - Anonymous listener says you can work normal hours and still make money (44:45) - Accountant charged with embezzling $800k from CA paving firm (47:53) - Ryanair CEO thinks more accountants should be running airlines (55:39) - Accounting firm sued for data leak (57:36) - CPA "Coolest Profession Around) (01:01:49) - What is "Accounting Plus" (01:06:52) - NASBA offers The Accountancy Licensing Library (01:10:14) - Thanks for listening and remember to subscribe  Show NotesAccountant Charged With Embezzling $800,000 From Paving Firm in California - CPA Practice Advisor            https://www.cpapracticeadvisor.com/2024/04/25/virginia-accountant-charged-with-embezzling-800000-from-richmond-paving-firm/104508/ Ryan Leads Charge Against Biden’s Ban on Noncompete Clauses - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2024/04/26/ryan-leads-charge-against-bidens-ban-on-noncompete-agreements/104537/ Move Over, TurboTax? IRS Considers Expanding Free Tax-Filing Program – WSJhttps://www.wsj.com/personal-finance/taxes/irs-considers-expanding-free-tax-filing-program-8f68cc9a?st=0akqqiu2v0gjb8v Boeing Needs Another Accountant As CEO, Says Ryanair CEO – Avwebhttps://www.avweb.com/aviation-news/boeing-needs-another-accountant-as-ceo-says-ryanair-ceo/ Ultra-Rich Should Pay More Taxes to Save Social Security, Poll Shows - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2024/04/25/ultra-rich-should-pay-more-taxes-to-save-social-security-poll-shows/104458/ FTC Bans Noncompete Agreements That Restrict Job Switching – WSJhttps://www.wsj.com/politics/policy/ftc-bans-noncompete-clauses-that-restrict-job-switching-984d2187?st=sxhwibcr49evqxc Bronx tax preparer known as "the magician" arrested for $100 million tax fraud | ADN Américahttps://adnamerica.com/en/new-york/bronx-tax-preparer-known-magician-arrested-100-million-tax-fraud With close calls mounting, the FAA will require more rest for air traffic controllershttps://www.npr.org/2024/04/22/1246349237/close-calls-faa-air-traffic-control-fatigue New bill would force IRS to explain tax return errors | The Hillhttps://thehill.com/business/4602429-new-bill-would-force-irs-to-explain-tax-return-errors/ The Accountancy Licensing Library: Your Ultimate Resource for CPA Licensure | NASBAhttps://nasba.org/blog/2024/04/01/the-accountancy-licensing-library-your-ultimate-resource-for-cpa-licensure/ The cost of doing your taxes are up nearly 10% this year – Marketplacehttps://www.marketplace.org/2024/03/15/tax-preaparation-costs-up-nearly-10-percent/Sam Bankman-Fried agrees to help FTX investors in lawsuits against Tom Brady, Larry Davidhttps://nypost.com/2024/04/22/business/sam-bankman-fried-agrees-to-help-ftx-investors-in-lawsuits-against-tom-brady-larry-david/ Intuit Hosting 'QuickBooks Live' Webinar           https://insightfulaccountant.com/in-the-news/people-and-business/intuit-hosting-quickbooks-live-webinar/ QuickBooks "Live Experts" May Not Be So Badhttps://insightfulaccountant.com/accounting-tech/general-ledger/quickbooks-live-experts-may-not-be-so-bad/ Millions more salaried workers will be eligible for overtime pay under final Biden administration rulehttps://www.cnn.com/2024/04/23/politics/overtime-pay-salaried-workers-biden/index.html Senators introduce bill to simplify IRS notices https://www.accountingtoday.com/news/senators-introduce-bill-to-simplify-irs-notices IRS Says It Saw ‘Strong Response’ From Direct File Pilot Users This Tax Seasonhttps://www.cpapracticeadvisor.com/2024/04/26/irs-saw-strong-response-from-direct-file-pilot-users-this-tax-season/104545/ U.S. accounting firm Be...
5/2/20241 hour, 12 minutes, 30 seconds
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Maximizing Your Accounting Firm's Value with Brannon Poe

Blake Oliver sits down with Brannon Poe of Poe Group Advisors to discuss the differences between traditional and subscription-based virtual accounting firms. Brannon shares his expertise on firm valuation, revealing that factors like cash flow to owner and owner hours play a significant role in determining a firm's value. He also emphasizes the importance of pricing strategies, noting that implementing value pricing and subscription models can dramatically improve a firm's profitability and overall value. Throughout the conversation, Brannon provides valuable insights and real-world examples to help firm owners maximize their firm's value in preparation for a potential sale.Meet Our Guest, Brannon PoeLinkedIn: https://www.linkedin.com/company/poe-group-advisors/Twitter: https://twitter.com/poegroupadvisorFacebook: https://www.facebook.com/PoeGroupAdvisors/Instagram: https://www.instagram.com/poegroup/Learn more about Poe Group AdvisorsWebsite: https://poegroupadvisors.com/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
4/26/202422 minutes, 46 seconds
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Google Blames Accounting Layoffs on AI

Blake and David take a dive into Google's decision to offshore accounting jobs to Mexico and India, which Google’s CFO claims is necessary to free up resources to invest in AI. They also discuss the stagnation of CPA salaries despite a shortage of talent. The conversation touches on a variety of other topics, including the modernization of the IRS, the future of the CPA profession, and advice for young accountants looking to carve their own career paths in a rapidly changing industry.Sponsors Relay - http://accountingpodcast.promo/relay Zoho - http://accountingpodcast.promo/zohoKeeper - http://accountingpodcast.promo/keeperSettle - http://accountingpodcast.promo/settleChapters(05:53) - Blake reads some tweets about hours people are working during busy season (10:52) - Unlimited PTO is worse for employees (13:22) - College degrees aren't necessary for success (20:24) - Florida creates retired CPA status (23:35) - Listener mail on the 150-hour rule and salaries (29:16) - Update on Boston's commercial real estate woes (33:48) - Why office rent prices are still so high (43:10) - Some encouraging IRS news (48:27) - Internal audit reveals 279 former IRS employees or contractors still had access to logins (52:12) - Offshoring can be good or bad (54:04) - Setting a limit on billable hours (55:50) - Let accounting firms decide what requirements accountants need (58:08) - The rise of the "remote partner" (01:04:00) - Wrap up and Earmark now has a web browser version  Show NotesGoogle restructures finance team as part of AI shift, CFO tells employees in memohttps://www.cnbc.com/2024/04/17/google-restructures-finance-team-as-a-part-of-ai-shift-cfo-tells-employees-in-memo.html Josh Youngblood, EA didn’t work over 40 hours per week in tax seasonhttps://x.com/joshyoungblood/status/1779858374403747847?s=12 Skills-Based Hiring Can Shred the Paper Ceiling | BCGhttps://www.bcg.com/capabilities/diversity-inclusion/expert-insights/skill-based-hiring-can-shred-paper-ceiling The Office Market Is in Turmoil. So Why Are Rents More Expensive? – WSJhttps://www.wsj.com/real-estate/commercial/the-office-market-is-in-turmoil-so-why-are-rents-more-expensive-d096f961?st=9ieavh5j7ep3wcw Florida Legislature Passes Bill Creating New Retired CPA Status | Florida Institute of CPAshttps://www.ficpa.org/publication/florida-legislature-passes-bill-creating-new-retired-cpa-status Kyle J. Bauman, CPA on X: "“Unlimited PTO” “Only 2100 Hours”https://twitter.com/kjb_cpa/status/1763595505928442248 62% of Americans Lack a College Degree. Can They Solve the Labor Shortage?https://www.wsj.com/lifestyle/careers/employers-open-more-doors-to-workers-without-degrees-but-few-are-getting-in-732f1098 Senior Leaders Nearly Twice as Likely To Receive AI Resources as Junior Staff | CFOhttps://www.cfo.com/news/senior-leaders-are-nearly-twice-as-likely-to-receive-ai-guidance/707230/ IRS didn't remove contractors' access to sensitive information | Accounting Todayhttps://www.accountingtoday.com/news/irs-didnt-remove-contractors-access-to-sensitive-information Boston mulls commercial tax hike        https://www.accountingtoday.com/articles/boston-mulls-commercial-tax-hike-to-counter-office-market-slump IRS Commissioner Delivers End Of Tax Filing Season Message Touting Improvementshttps://www.forbes.com/sites/kellyphillipserb/2024/04/15/irs-commissioner-delivers-end-of-tax-filing-season-message-touting-improvements/ Florida Creates New Status for Retired CPAs in the State          https://www.cpapracticeadvisor.com/2024/04/15/florida-creates-new-status-for-retired-cpas-in-the-state/103983/ Treasury cash balance jumps most in 2 years as tax payments risehttps://www.accountingtoday.com/articles/treasury-cash-balance-jumps-most-in-2-years-as-tax-payments-rise The rise of the remote accounting firm partner               https://www.accountingtoday.com/news/the-rise-of-the-remote-accounting-firm-partner Werfel sees IRS budget request yielding $341B in extra revenuehttps://www.cfodive.com/news/werfel-sees-irs-budget-request-yielding-341b-extra-revenue-tax-taxation-enforcement/713534/ Google restructures finance team as part of AI shift, CFO tells employees in memohttps://www.cnbc.com/2024/04/17/google-restructures-finance-team-as-a-part-of-ai-shift-cfo-tells-employees-in-memo.html Despite moratorium, IRS gets 20,000 ERC claims weekly, Werfel sayshttps://www.journalofaccountancy.com/news/2024/apr/despite-moratorium-irs-gets-20000-erc-claims-weekly-werfel-says.htmlNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.com...
4/25/20241 hour, 10 minutes, 57 seconds
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Remote Accountants Get Paid Less

Blake and David delve into the effects of remote work on accountant salaries and the mental health challenges faced by auditors at Big Four firms. They inspect a recent study showing lower pay for hybrid workers compared to fully remote or in-office employees. They also contemplate the future of work organization inspired by Bill Anderson, CEO of Bayer, and discuss the potential impact of AI on the accounting profession, the accuracy of AI-related surveys, and the misrepresentation of AI capabilities in recent news headlines.SponsorsLiveFlow - http://accountingpodcast.promo/liveflow Uncat - http://accountingpodcast.promo/uncatEarmark - https://earmark.appSettle - http://accountingpodcast.promo/settleChapters(00:34) - Will accountants soon earn overtime pay? (04:57) - Listener writes in about their own audit experience at a Top-30 firm (08:14) - Trump's Truth Social audit update (14:44) - PCAOB proposed audit metrics (20:44) - 71% of Big 4 auditors worry about mental health (23:27) - Blake shares a clip from new Bayer CEO (33:48) - H&R Block employees prefer remote work (38:14) - Remote accountants get paid less (39:35) - Executives and managers perceive in-office workers as higher performers (42:06) - The four day work week is becoming more common (45:27) - Cody writes in about Big 4 vs industry (47:09) - Hannah asks about outsourcing and offshoring costs (49:59) - Amazon Fresh stores were using Indian employees for "just walk out" tech (55:22) - Shohei Ohtani's translator charged in sports gambling case (58:14) - Accounting Today wrongly claims accountants are saving 30 hours a week on average using AI (01:01:34) - Blake shares a clip from the All In podcast on the future of AI (01:04:48) - Is it time for a new ERP system? (01:07:47) - Thanks for listening and remember to subscribe  Show Notes71% of Big 4 Auditors Worry About Mental Health | CFO             https://www.cfo.com/news/71-of-big-4-auditors-worry-about-mental-health/712063/ Will Getting Rid of Bosses Fix the Workplace? - The Journal. - WSJ Podcastshttps://www.wsj.com/podcasts/the-journal/will-getting-rid-of-bosses-fix-the-workplace/fc0d31d3-2d08-441e-abd8-d77b660fe258 59% of accountants use AI to save about 30 hours a week on tasks | Accounting Todayhttps://www.accountingtoday.com/news/59-of-accountants-use-ai-to-save-about-30-hours-a-week-on-tasks Y Combinator wants to fund new enterprise resource planning (ERP) software"https://www.instagram.com/reel/C3-zHmOIqbI/?igsh=dTMxMDBjNGg3a2p0 Ohtani translator charged with stealing millions for 19,000 bets | Accounting Todayhttps://www.accountingtoday.com/articles/ohtani-translator-charged-with-stealing-millions-for-19-000-bets KPMG Fined Record $25 Million in Exam-Cheating Scandal – WSJhttps://www.wsj.com/articles/kpmg-fined-25-million-over-alleged-netherlands-exam-cheating-a4dcba2a?st=yl6xiqm8nh6gug8 Botkeeper Infinite replaces outsourcing with more AI to help firms automate | Accounting Todayhttps://www.accountingtoday.com/news/botkeeper-infinite-replaces-outsourcing-with-more-ai-to-help-firms-automate More Companies Adopt 4-Day Work Week - CPA Practice Advisor        https://www.cpapracticeadvisor.com/2024/03/27/more-companies-adopt-4-day-work-week/103199/ When Layoffs Happen, Remote Workers Are Hardest Hit - WSJ               https://www.wsj.com/lifestyle/careers/layoffs-remote-work-data-980ed59d?reflink=integratedwebview_share Does Working from Home Boost Productivity Growth? | San Francisco Fed     https://www.frbsf.org/economic-research/publications/economic-letter/2024/january/does-working-from-home-boost-productivity-growth/Trump Media's Accounting Firm Has Audit Deficiency History https://finance.yahoo.com/news/trump-media-accounting-firm-history-150150627.html Amazon's Just Walk Out Actually Uses 1,000 People in Indiahttps://www.businessinsider.com/amazons-just-walk-out-actually-1-000-people-in-india-2024-4 PCAOB Wallops KPMG Netherlands With Record $25M Fine For Exam Cheatinghttps://www.cpapracticeadvisor.com/2024/04/10/pcaob-wallops-kpmg-in-the-netherlands-with-25-million-fine-for-exam-cheating/103803/ PCAOB crackdown shifting to focus on auditing firmshttps://www.accountingtoday.com/news/pcaob-crackdown-shifting-to-focus-on-auditing-firms PCAOB Proposal Would Require Audit Firms to Disclose a Variety of Metricshttps://www.cpapracticeadvisor.com/2024/04/10/pcaob-issues-proposal-requiring-audit-firms-to-disclose-variety-of-metrics/103758/ PCAOB proposals call for firms to disclose more about themselveshttps://www.journalofaccountancy.com/news/2024/apr/pcaob-proposals-call-firms-to-disclose-more-about-themselves.html Only 48% of accounting, consulting, legal, and private capital professionals have used AI tools at work despite near ...
4/19/20241 hour, 10 minutes, 25 seconds
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Delivering Nuclear Value in Accounting

Joe Woodard joins Blake and David to examine how accountants and bookkeepers can increase the value of their services in the eyes of their clients. Joe introduces the Cobb value curve, illustrating how differentiation and relative value impact pricing. He emphasizes the importance of offering unique, high-value services like controllership and financial planning to stand out from commoditized offerings and command premium prices.Meet Our Guest, Joe WoodardLinkedIn: https://www.linkedin.com/in/quickbooksadvisorTwitter: https://twitter.com/joewoodardLearn more about WoodardWebsite: http://www.woodard.comNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
4/15/202429 minutes, 50 seconds
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Get Rich Doing Bad Audits

Blake and David dive into the concerning trend of small CPA firms conducting shoddy audits of large companies and SPACs, raking in big fees while facing minimal consequences for deficient work. They also discuss the latest accounting app funding news, the power of AI for crafting persuasive arguments, and the American Institute of CPAs' puzzling resistance to changes in CPA licensure requirements and touch on the growing importance of client accounting services for public accounting firms.Sponsors Cloud Accountant Staffing - http://accountingpodcast.promo/cas Uncat - http://accountingpodcast.promo/uncatEarmark - https://earmark.appChapters(00:38) - Blake is back from a conference in Atlanta (03:58) - The truth behind Trump's Truth Social SPAC audit (19:27) - AI startup Fieldguide secures $30 million in Series B funding (22:43) - FundGuard secures $100 million in Series C funding round (24:28) - BotKeeper launches BotKeeper Infinite (30:03) - Scientists find that AI is more persuasive than humans at changing people's opinions (38:15) - Formula 1 team using Excel to track car parts (40:08) - CAS is the fastest-growing service in Accounting Today's annual survey (42:08) - The AICPA warns about losing the 150-hour rule (49:20) - Send us an email and remember you can earn FREE CPE for listening to this podcast!  Show NotesFieldguide Raises $30 Million to Combat CPA Shortage With AIhttps://www.pymnts.com/news/investment-tracker/2024/fieldguide-raises-30-million-to-combat-cpa-shortage-with-ai/AI accounting startup raises $100Mhttps://www.accountingtoday.com/articles/ai-accounting-startup-fundguard-raises-100m-in-new-fundsOn the Conversational Persuasiveness of Large Language Models: A Randomized Controlled Trial (PDF) https://arxiv.org/pdf/2403.14380.pdf?utm_source=www.therundown.ai&utm_medium=newsletter&utm_campaign=nvidia-s-new-ai-chip-competitor The year CAS took overhttps://www.accountingtoday.com/opinion/the-year-cas-took-over-accountingNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsRoyalwise - https://royalwise.com/partnerForwardly - https://www.forwardly.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
4/11/202453 minutes, 5 seconds
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Pizza Parties Boost Morale

Blake and David dig through the latest accounting news, including the effectiveness of pizza parties in boosting accounting firm morale, the record number of baby boomers reaching retirement age, and the impact on Social Security, as well as the massive amount of COVID-related fraud originating in South Florida. They also take a look at audit integrity issues, the long working hours in accounting, and some of the latest app headlines.SponsorsLiveFlow - http://accountingpodcast.promo/liveflow Relay - http://accountingpodcast.promo/relay Bookkeep - http://accountingpodcast.promo/bookkeepChapters(00:22) - Thomson Reuters says pizza parties boost accountants morale (03:33) - Trump cheats at golf (04:50) - Truth Social goes public (07:41) - Grant Thornton sells majority stake to private equity firm (12:28) - Almost 20% of all PPP fraud happened in South Florida (17:59) - 49ers docked 5th round draft pick for accounting error (20:08) - Sam Bankman Freed sentenced to 25 years in prison (22:29) - David shares WSJ video on the future of social security (31:16) - Tingo audit faulire update (41:48) - Big 4 Transparency firm awards (50:28) - Blake takes on a Reddit user's problem (56:35) - Microsoft Teams combining business and personal offerings (57:04) - Thanks for listening and remember to subscribe  Show NotesFTX Founder Sam Bankman-Fried Sentenced to 25 Years https://www.wsj.com/finance/currencies/sam-bankman-fried-sentencing-ftx-fraud-2d92fce9?st=d45lmr6uc8gg6wcTrump ‘cheats like a mafia accountant’ at golf, writer who played with him says - pennlive.com https://www.pennlive.com/news/2024/03/trump-cheats-like-a-mafia-accountant-at-golf-writer-who-played-with-him-says.htmlBig 4 Transparency - Awards Season 🏆 https://big4transparency.beehiiv.com/p/big-4-transparency-awards-season?utm_source=big4transparency.beehiiv.com&utm_medium=newsletter&utm_campaign=big-4-transparency-awards-seasonPCAOB bars Colorado firm Gries & Associates from doing audits | Accounting Today https://www.accountingtoday.com/news/pcaob-bars-colorado-firm-from-doing-auditsSan Francisco 49ers docked 2025 fifth-round draft pick for accounting error | FOX Sports https://www.foxsports.com/stories/nfl/san-francisco-49ers-docked-2025-fifth-round-draft-pick-for-accounting-errorGrant Thornton gets major PE stake from New Mountain Capital | Accounting Today https://www.accountingtoday.com/news/grant-thornton-gets-major-pe-stakeHow Miami Became a Hub of PPP Fraud After Pandemichttps://www.cpapracticeadvisor.com/2024/03/26/how-miami-became-a-hub-of-ppp-fraud-after-pandemic/103156/ Audit Plan to Flag Illegal Acts Needs Do-Over, Critics Chargehttps://news.bloombergtax.com/financial-accounting/audit-plan-to-flag-illegal-acts-needs-do-over-critics-charge Blackrock larry fink annual letter 8484e68e      https://www.wsj.com/finance/investing/blackrock-larry-fink-annual-letter-8484e68e Ahead of sentencing, SBF team argues for 5-6 years in jail because FTX customers will get money back          https://www.cnbc.com/2024/03/27/sbf-team-argues-for-5-6-year-sentence-ftx-customers-to-get-money-back.html The Home Stretch: Strategies & insights for today’s tax professionals as their busy season concludes              https://www.thomsonreuters.com/en-us/posts/tax-and-accounting/home-stretch-tax-professionals/ Trump's social media company rises 16% in first day trading gains, but the stock could fall 95%, says an IPO expert  https://fortune.com/2024/03/26/trump-social-media-rises-trading-gains-fall-expert/ FTX founder Sam Bankman-Fried gets 25 years in prison           https://www.bankingdive.com/news/sam-bankman-fried-25-years-prison-fraud-conspiracy-ftx-crypto-sbf-kaplan-alameda/711601/ IRS Criminal Investigation Says COVID-Related Fraud Totaled Nearly $9 Billionhttps://www.forbes.com/sites/kellyphillipserb/2024/03/28/irs-criminal-investigation-says-covid-related-fraud-totaled-nearly-9-billion/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? ...
4/4/202459 minutes, 58 seconds
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Modern Pricing Models Drive Higher Valuations for Accounting Firms

Blake and David meet with M&A advisor Charles Bedard about valuations for accounting firms looking to sell. Bedard explains that subscription-based "modern" firms command much higher multiples than traditional hourly billing firms. Bedard provides specific valuation ranges based on revenue and EBITDA multiples and highlights the importance of recurring revenue. He also offers actionable tips for firm owners to increase their value in preparation for an exit.Meet Our Guest, Charles BedardLinkedIn: https://www.linkedin.com/in/charlesbedard/Twitter: https://twitter.com/SolvingtheValueLearn more about ERGO Comps, LLChttp://www.ergocomps.com/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
4/3/202431 minutes, 8 seconds
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A Sizable Portion of Accountants See No Use Case for AI

Blake and David look at the potential impact of AI on the accounting profession and discuss how AI tools like ChatGPT can boost productivity by automating tasks, improving communication, and assisting with problem-solving. They also examine the implications of these efficiency gains on the billable hour, predicting that firms will need to adapt their pricing strategies as a result. Finally, they review the results of a recent Accounting Today survey, which reveals accountants' perceptions and concerns about AI in the profession.Sponsors OnPay - http://accountingpodcast.promo/onpayKeeper - http://accountingpodcast.promo/keeper Bookkeep - http://accountingpodcast.promo/bookkeepChapters(02:24) - The inefficiency at Disney World compared to accountants and timesheets (09:38) - JP Morgan AI tool cuts human work by 90% (11:14) - BofA Cash Pro Forecasting (18:29) - Blake checks in on live chat (19:11) - Survey on how much people actually want to work (27:17) - Kindness initiatives at firms (28:26) - Is gratitude better than a pay raise? (29:34) - New Accounting Today AI survey (40:00) - Blake shares example of how he used AI in his personal life (42:36) - Forbes article on ChatGPT prompts for leaders and managers (55:29) - Thanks for listening and remember to subscribe  Show NotesJPMorgan Says Its AI Cashflow Tool Cut Human Work Almost 90%https://www.entrepreneur.com/business-news/jpmorgan-says-its-ai-cashflow-tool-cut-human-work-almost-90/470682 Accounting's reluctant AI revolution    https://www.accountingtoday.com/research-report/accountings-reluctant-ai-revolution Firms find it’s cool to be kind    https://www.journalofaccountancy.com/issues/2024/mar/firms-find-its-cool-to-be-kind.html Bank Of America CashPro Forecasting               https://business.bofa.com/en-us/content/cashpro-forecasting.htmlAmericans Don’t Care as Much About Work. And It Isn’t Just Gen Z.https://www.wsj.com/lifestyle/careers/americans-attitude-work-data-0c2e487c?st=zyx80zw1zyfu1jfGratitude is Better Than a Pay Raise for 55% of U.S. Workers, Survey Findshttps://www.cpapracticeadvisor.com/2024/02/29/gratitude-is-better-than-a-pay-raise-for-55-of-u-s-workers/102148/12 ChatGPT Prompts For Leaders And Managers In 2024https://www.forbes.com/sites/rachelwells/2024/01/23/12-chatgpt-prompts-for-leaders-and-managers-in-2024/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsRoyalwise - https://royalwise.com/partnerForwardly - https://www.forwardly.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
3/29/202458 minutes, 18 seconds
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Do Audit Opinions Matter? A Discussion with Professor Ed Ketz

Professor Ed Ketz of Penn State joins the show to discuss audits' current state and future. We delve into the relevance of audits and explore the value of unqualified opinions in making audits meaningful. The discussion also touches on the overstandardization of audit reports and how this can lead to investor misunderstandings. Professor Ketz brings a unique perspective, sparking a debate on whether the existence of the unqualified opinion creates value rather than the content within. The episode ends with a brainstorm on potential regulation improvements to improve audit quality and usefulness.Meet Our Guest, Ed KetzWebsite: https://directory.smeal.psu.edu/k55LinkedIn: https://www.linkedin.com/in/ed-ketz-7982421a7Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
3/26/202423 minutes, 6 seconds
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Banks Will Fail & Listener Mail

Blake and David start with a discussion on Federal Reserve Chairman Jerome Powell's testimony regarding the failure of small and mid-sized banks due to exposure to the commercial real estate sector. They also get into Minnesota's CPA licensure bill for 150-hour requirement alternatives and KPMG's audit findings on the Department of Education and the cost of the federal student loan program. Rounding out the episode, they answer listener questions and comments on topics including the psychological challenges of CPA firm employment, NASBA's lack of customer service, and the high fees for taking the CPA exam internationally.SponsorsLiveFlow - http://accountingpodcast.promo/liveflowKeeper - http://accountingpodcast.promo/keeperClient Hub - http://accountingpodcast.promo/clienthubChapters(00:28) - Welcome to the show, how much trouble are small banks in? (06:49) - Minnesota CPA Society's Pathways CPA Licensure Bill advances in Senate (10:08) - Our listener plugs a security hole in tax client portal software (14:03) - The cultural issues that plague the accounting profession (20:57) - Fortune magazine article that CPAs need to tell their stories (24:39) - Should we have a federal CPA license? (27:45) - The government doesn't know the costs of student loans (34:54) - Christy shares a positive message (36:12) - Does starting your career at Big 4 lead to better industry jobs? (40:33) - Alex writes in about problems they had scheduling their CPA exam (45:46) - IRS inviting biggest ERC filers to learn the correct way to file them (50:25) - Tax preparer using basic Word doc to collect information (51:55) - Listener replies to Blake's Accounting Today article (54:18) - The international costs to take the CPA exam (57:36) - The firm and work culture issue (58:43) - Why students don't want to major in accounting (59:30) - Thanks for listening! The new Earmark app is coming soon!  Show NotesCould CPAs telling their stories be the key to attracting Gen Zers to accounting? A PwC vice chair thinks so   https://fortune.com/2023/11/15/cpa-attracting-gen-z-accounting-pwc/ Senate File 1660, the MNCPA-backed bill to broaden the pathways to CPA licensure, advanced in the Minnesota Senate on Thursday.     https://www.mncpa.org/about/press/releases/pathways-cpa-senate-bill-hearing/ Powell: ‘There will be bank failures’ caused by commercial real estate losseshttps://thehill.com/business/4516758-powell-there-will-be-bank-failures-caused-by-commercial-real-estate-losses/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsFutureFirm - https://futurefirmaccelerate.com/capRoyalwise - https://royalwise.com/partnerForwardly - https://www.forwardly.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
3/22/20241 hour, 4 minutes, 39 seconds
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Earmark Media Presents: Federal Tax Updates - Corporate Transparency Act Ruled Unconstitutional

Here's a preview of Blake's recent appearance on Federal Tax Updates, where he joined host Roger Harris to unpack some of the biggest tax stories making headlines, from a federal court ruling deeming a new business reporting law unconstitutional to the staggering estimates of tax evasion by the wealthy. To hear the complete discussion, visit Federal Tax Updates: https://share.transistor.fm/s/d8c45ed9Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd
3/18/202417 minutes, 2 seconds
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The Race to Automate Audits

Blake and David meet up with AJ Yawn, partner at Armanino LLP, about Armanino's new tool, Audit Ally, which streamlines and automates SOC 2 audits. They discuss the growing trend of tech companies entering the audit space and commoditizing services like SOC 2 audits, and explore how Audit Ally aims to help accounting firms compete on price and quality by utilizing AI and machine learning.Meet Our Guest, AJ YawnLinkedIn: https://www.armanino.com/company/people/aj-yawnLearn about about Audit Ally Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
3/15/202422 minutes, 17 seconds
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IRS Agents Working From Home Can Watch H&R Block Reality TV Show

We're celebrating surpassing 10,000 YouTube subscribers! Thank you! Blake and David look into H&R Block's new reality show about teaching people life skills like doing their taxes. They also talk about workflow automation challenges for accounting firms, how the IRS is contacting wealthy non-filers, and the Trump Organization CFO pleading guilty to perjury. They also break down the SEC's extensive new climate disclosure rules and the job opportunities this could create for accountants.Sponsors FreshBooks - http://accountingpodcast.promo/freshbooksRelay - http://accountingpodcast.promo/relay Webgility - http://accountingpodcast.promo/webgilityChapters(03:04) - H&R Block is creating a reality TV show (08:51) - WSJ Op-Ed says IRS agents shouldn't work from home (12:21) - The Accountant 2 gets a big tax credit (14:42) - South Carolina finds $2 billion in bank account (20:49) - Bloomberg article on the lack of accountants (23:18) - Regional banks in trouble? (27:00) - Lyft being sued by their shareholders (29:39) - Is bad workflow automation the cause of bad work/life balances? (37:42) - CPA Trendlines: "Which Niche is the Best Niche?" (46:28) - TurboTax and H&R Block are using AI giving awful tax advice (50:12) - Blake shares new SEC rule's GPT he made (53:19) - AI and data privacy concerns (55:48) - Can AI predict when you'll die? (01:01:37) - Former Trump CFO Allen Weisselberg pleads guilty to perjury (01:03:56) - Thanks for listening and remember to subscribe  Show Notes2024 Report: The State of Accounting Workflow Automationhttps://financial-cents.com/resources/articles/2024-report-state-of-accounting-workflow-automation/ Gartner Survey Shows That a Third of Accountants Make Several Financial Errors Per Week due to Capacity Constraints       https://www.gartner.com/en/newsroom/press-releases/2024-02-21-gartner-survey-shows-that-a-third-of-accountants-make-several-error-per-weeo-due-to-capacity-constraints The U.S. is short 340,000 accountants-just look at the wave of earnings report mistakeshttps://fortune.com/2024/03/01/accounting-shortage-earnings-report-mistakes/ Intuit, H&R Block tax AIs critiqued on accuracyhttps://www.accountingtoday.com/news/intuit-h-r-block-tax-ais-critiqued-on-accuracy-of-answers-many-inaccurate SC accounting error gets renewed focus over $1.8B sitting in state bank accounthttps://www.southcarolinapublicradio.org/sc-news/2024-03-05/legis-treasurermoney Ex-Trump Org CFO Pleads Guilty to Perjury in Fraud Casehttps://www.cpapracticeadvisor.com/2024/03/05/ex-trump-org-cfo-pleads-guilty-to-perjury-in-fraud-case/102306/ H&R Block to Release Short Format Comedy Streaming Series, “Responsibility Island”https://www.cpapracticeadvisor.com/2024/02/29/hr-block-to-release-short-format-comedy-streaming-series-responsibility-island/102172/ Federal court holds Corporate Transparency Act unconstitutionalhttps://www.journalofaccountancy.com/news/2024/mar/federal-court-holds-corporate-transparency-act-unconstitutional.html Lyft earnings report error prompts shareholder lawsuit              https://finance.yahoo.com/news/lyft-earnings-report-error-prompts-150849490.htmlNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsFutureFirm - https://futurefirmaccelerate.com/capRoyalwise - https://royalwise.com/partnerForwardly - https://www.forwardly.com/ClassifiedsWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel ma...
3/12/20241 hour, 6 minutes, 15 seconds
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SPAC Attack: Why Withum Got Slapped with a $2M PCAOB Fine

Blake and David meet with Chris Vanover, President of CPAClub, about the recent $2 million PCAOB fine against Withum for poor audit quality on many 2021 SPAC audits. They examine Withum's 500% increase in audits with minimal staff growth, leading to overworked teams and partners working 100+ hour weeks. They also debate whether the fines are large enough to change behavior or just a cost of doing business.Meet Our Guest, Chris VanoverLinkedIn: https://www.linkedin.com/in/chrisvcpa/Learn more about CPAClubWebsite: https://cpaclub.cpa/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
3/8/202415 minutes, 30 seconds
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Weighing The Risks and Rewards Of Surge Pricing Tax Returns

Fast food chain Wendy's considers demand pricing – should your firm, too? We discuss the potential for surge pricing tax returns to smooth workload and raise revenue. We also dive into new AI-powered accounting productivity tools from Sage and Xero, Zoho's $5 per user practice management suite, and analyze the results of our listener survey.SponsorsLiveFlow - http://accountingpodcast.promo/liveflowZoho - http://accountingpodcast.promo/zohoClient Hub - http://accountingpodcast.promo/clienthubChapters(06:40) - What can accountants learn and try in pricing? (13:59) - The IRS debuts free file system (26:47) - Xero announces their AI tool JAX (34:12) - QuickBooks new offering, Solopreneur (40:11) - Zoho is getting into practice management (44:52) - FTC goes after H&R Block over free filing claims (47:15) - Can AI teach accounting? (55:41) - TAP Listener Survey results (01:00:40) - Blake asks AI to generate an image of the average listener (01:05:09) - Thanks for listening and remember to subscribe  Show NotesJust Ask Xero | Xero US Introduction to QuickBooks Solopreneur (intuit.com) Practice software features for businesses | Zoho practice FTC alleges H&R Block deleted customer tax data, used deceptive advertising             IRS Direct File free tax system moves into public test phase Intuit introduces QuickBooks Solopreneur for one-person businesses Intuit Introduces QuickBooks Solopreneur, an Easy-to-Use Financial Tool Built for One-Person Businesses    H&R Block’s online tax prep tricked customers into paying more money, FTC claims AI will 'change nature' of accounting, says Sage boss    Sage launches generative AI copilot assistant for SME accounting H&R Block ‘Data Wiping’ and Upgrade Policies Harm Taxpayers, FTC Says Expert Examines AI's Role in Accounting Education       Sage Intacct Unveils New Features to Streamline Operations and Boost Productivity Zoho dives into practice management with Zoho Practice Xero's AI Leap: Unveiling 'Just Ask Xero' to Revolutionize Small Business Accounting How GenAI will shape the future for our customers       IRS reopens Direct File testing after pause Study: ChatGPT Won’t Be Replacing Accounting Professors In the Near Future ChatGPT in Education: Study Reveals Utility and Limits in Financial Accounting Learning Xero wants to use AI to help your SMB solve all its accounting woes Wendys surge pricing ai backlash internet        Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/pod...
3/7/20241 hour, 11 minutes, 4 seconds
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Trust Me, I'm an AI: Aaron Harris on the Future of Accounting

Aaron Harris joins Blake and David to discuss Sage's new AI offering, Sage Copilot, which brings generative intelligence into Sage Intacct to eliminate routine accounting work. They discuss specific use cases Copilot handles, like chasing people for approvals/documents, drafting emails, and answering ad hoc questions without running reports. Aaron also shares his perspective on AI’s impact on the accounting profession and why increased automation will make human review and trust even more essential.Meet Our Guest, Aaron Harris, CTO, SageLinkedIn: https://www.linkedin.com/in/aaron-harris-7407b2/Twitter: https://twitter.com/i/flow/login?redirect_after_login=%2FAaronRHarrisLearn more about Sagehttp://www.sage.comListener SurveyPlease take our listener survey: https://accounting.show/surveyNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
3/1/202424 minutes, 21 seconds
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Lyft's Big Financial Typo

Blake and David discuss the Lyft financial typo that sent its stock price soaring. They also examine how AI-powered help desks and customer service are improving efficiency by 10-20%, and look at some alternatives to the pesky 150-hour rule. Other news includes the future of commercial real estate taxes, the use of AI tools to monitor employee communications, and how the IRS plans to collect over $500 billion more in owed taxes. Sponsors OnPay - http://accountingpodcast.promo/onpayCloud Accountant Staffing - http://accountingpodcast.promo/casWebgility - http://accountingpodcast.promo/webgilityChapters(00:39) - David asks Blake to guess the profession (07:25) - Lyft's earnings report typo (14:36) - Trump found guilty! (23:08) - The City of Boston could lose over $1 billion from commercial real estate taxes (29:24) - How are some companies using generative AI to improve their businesses? (37:11) - Companies using AI to monitor employee messaging (40:20) - New Jersey CPA Society talks 150-hour rule (52:21) - The IRS is collecting $500 billion more in taxes (54:04) - Thanks for listening, leave us a review and Earn Free CPE  Show NotesHow Walmart, Delta, Chevron and Starbucks are using AI to monitor employee messagesLyft's Extra Zero Puts Focus on Corporate Controls: Explained$1,741 Is the Average Tax Refund So Far, IRS SaysIRS aims to close 'inequity gap' for unpaid taxes. How the agency targets top earners for auditAs A New Tax Filing Season Kicks Off, We Look at the IRS Efforts to Improve Customer Service and the Audits of Two Very Different Kinds of Taxpayers               Trump civil fraud case: Judge fines Trump $354 million, says frauds 'shock the conscience'                How WeWork became the largest tenant in Boston           In biggest office lease of the year, Deloitte plans move to Winthrop Center             Lyft CEO addresses major typo in earnings report Listener SurveyPlease take our listener survey: https://accounting.show/surveyNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsThe CAS Cache - https://cas.beehiiv.com/Royalwise - https://royalwise.com/partnerForwardly - https://www.forwardly.com/ FutureFirm - https://futurefirmaccelerate.com/capClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
3/1/202459 minutes, 35 seconds
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Why Accountants Quit Public Accounting Firms

Blake and David meet with Geoffrey Brown of the Illinois CPA Society to examine some key findings from ICPAS's recent retention report, including top reasons for turnover, where departing accountants are going, and ideas for improving work-life balance.Meet Our Guest, Geoffrey BrownLinkedIn: https://www.linkedin.com/in/geoffrey-brown-cae-9039484/Twitter: https://twitter.com/IllinoisCPAFacebook: https://www.facebook.com/ICPASInstagram: https://www.instagram.com/illinoiscpasociety/Learn more about the Illinois CPA Society (ICPAS)Website: https://www.icpas.org/Listener SurveyPlease take our listener survey: https://accounting.show/surveyNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
2/24/202423 minutes, 25 seconds
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The Biggest Check You Can Write to The IRS

Blake and David break down the IRS's $99 million paper-check limit, how states use tax credits to attract movie productions (sometimes unsuccessfully) and give their take on actor Kenan Thompson losing $1.5 million to fraud as a child. They also cover couples arguing over finances, AI answering tax questions in California, accounting rules hiding commercial real estate loan losses on bank balance sheets, and the lack of action from accounting standards boards to change these rules.SponsorsLiveFlow - http://accountingpodcast.promo/liveflow Relay - http://accountingpodcast.promo/relayClient Hub - http://accountingpodcast.promo/clienthubChapters(00:40) - What's the largest check you can write to the IRS? (05:38) - Jeff Bezos could be saving $600 million from moving to Florida (14:44) - Why movie studios are throwing out projects for tax breaks (20:54) - Keenan Thompson's accountant stole $1.5 million from him (26:18) - How much of relationship problems are finance-related? (31:29) - California plans to use AI to help answer people's tax questions (35:42) - PwC UK boss says AI is why workers should be in the office (40:36) - Silicon Valley Bank collapse follow-up and why it could happen again (51:00) - Thanks for listening and check out the Unofficial Quickbooks Accountants Podcast  Show NotesWarner Bros.' Disgusting Accounting Trick May Find an Opponent in the U.S. GovernmentIRS Seeks More Than $1 Billion From SVB for TaxesIRS sues FDIC to get $1.45B in SVB back taxes       Mayweather’s $18 Million Check To The IRS Packs A Punch, But Is Under The $100 Million Weight LimitCalifornia plans to use AI to answer your tax questionsJeff Bezos will save over $600 million in taxes by moving to MiamiThe Indicator from Planet Money : NPR  Mayweather’s $18 Million Check To The IRS Packs A Punch,But Is Under The $100 Million Weight Limit Jeff Bezos reaps Florida tax benefit with $4B Amazonshare sale Young staff need to be in the office because of AI, saysPwC's UK boss | Accounting Today Money is the Biggest Relationship Hurdle for 1 in 4Couples, Survey Reveals - CPA Practice Advisor Kenan Thompson Reveals a Crooked Accountant Stole $1.5Million From Him During His Nickelodeon Days | Video When accountants attack: why Netflix is cancelling HalleBerry’s new sci-fi movie Ben Affleck Reportedly Filming The Accountant 2 This Year FASB Won’t Consider Changes in Securities AccountingAfter Bank Failures - WSJNew York Community Bank’s Commercial Real Estate LoanProblem May Be Isolated, Experts Say Banking Crisis Plays Out at America’s Smallest LendersListener SurveyPlease take our listener survey: https://accounting.show/surveyNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast:...
2/21/202456 minutes, 56 seconds
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From Carpet Cleaner to CPA: An Accounting Student's Journey

Blake and David talk with Chayton Farlee, an accounting student at the University of the Pacific, about his journey into accounting and his thoughts on the profession. They discuss his inspiring path from cleaning carpets during the pandemic to pursuing his CPA and CMA, the disconnect many students feel between accounting theory and real-world application, the importance of bookkeeping skills, and considerations around starting his career at a Big Four firm or a smaller, more lifestyle-friendly firm.Meet Our Guest, Chayton FarleeLinkedIn: https://www.linkedin.com/in/chaytonfarlee/Listener SurveyPlease take our listener survey: https://accounting.show/surveyNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
2/16/202422 minutes, 42 seconds
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Beware of E-Filing Your Tax Return

Blake and David discuss a wealth of timely topics, including the risks of filing taxes electronically versus by mail, the impact of the 150-hour rule on diversity in the accounting profession, and how major accounting firms are turning to private equity funding to accelerate growth. They also explore news from the artificial intelligence space, including Google's unveiling of Gemini, as well as ADP's new AI assistant, and examine how deepfake video calls enabled the theft of $25 million.SponsorsRelay - http://accountingpodcast.promo/relayFreshBooks - http://accountingpodcast.promo/freshbooksAirbase - http://accountingpodcast.promo/airbaseChapters(00:29) - Welcome to the show (03:24) - Finance worker pays $25 million after video call with a deep fake of company CFO (08:54) - Is QuickBook taking tax accountants' jobs? (16:23) - Three AI accounting startups raise money funding round (25:14) - Baker Tilly is now private-equity-owned (27:32) - How much do the Big 4 spend on lobbying? (31:52) - The Wall Street Journal's terrible opinion piece of E-filing (38:25) - 13 states are suing the IRS for direct file system (40:15) - MIT study on effects of 150-hour rule (46:28) - Dual licensed CPAs and CMAs earn almost $40k more per year (49:17) - Google releases Gemini and is retiring BARD (53:33) - ADP launches ADP Assist (56:48) - Gemini also now does AI art (59:25) - Thanks for listening and please fill out our survey  Show NotesFinance Employee Defrauded for $25M by Deepfake CFODual Certifications Mean Big Bucks for Accountants - CPA Practice AdvisorBaker Tilly US gets PE investment | Accounting TodayBig Four Lobby Congress on Accounting Pipeline, AI, CryptoBeware of E-Filing Your Tax ReturnQuickBooks Live Tax Update: Understanding QuickBooks customers use of tax prep servicesAccounting software startup Pennylane becomes France’s latest unicorn | TechCrunchGoogle’s Gemini is now in everything. Here’s how you can try it out.Accounting body tells members to make annual pledge to be ethical    Platform Accounting Group gets $85M funding round   Finally, now with $10M, adds AI for better insight into small business accounting    AI Will Be Doing More Accounting If Startup Investors Have Their Way    ADP launches ADP Assist genAI assistant    Republican attorneys general denounce IRS free file pilot as rival to products like TurboTax    Higher tax filing costs could take a bite out of your refund    DataSnipper, startup that uses AI to eliminate some of the ‘dread’ in accounting, is valued at $1 billion in latest funding round    Platform Accounting Group Secures $85 million in Funding Led by Cynosure Group    Finally Raises $10 Million to Expand Small Business Automation Solutions    Finally, the AI-Powered Accounting & Finance Suite, Closes $10M Raise to Propel SMB Growth Forward    France gains a new unicorn as Pennylane raises €40m    QuickBooks Live Tax Update     Beware of E-Filing Your Tax Return    DataSnipper Raises $100M at $1B Valuation to Empower Auditors with AI    Big Four Lobby Congress on Accounting Pipeline, AI, Crypto    Finance worker pays out $25 million after video call with deepfake ‘chief financial officer’    I'm an Accountant and Here's Why I'd Never File My Taxes Online — Best Life Listener SurveyPlease take our listener survey: https://accounting.show/surveyNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver ...
2/15/20241 hour, 5 minutes, 48 seconds
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Building a Bank for Accountants and Small Businesses

Yoseph West joins Blake and David to examine Relay Financial's background and their ambition to solve banking problems by becoming a bank themselves, designing the ideal user experience, and overcoming regulatory challenges. West also outlines Relay's redesigned accountant partner program, its many benefits, and upcoming features like receipt capture. The discussion turns to best practices for incorporating technology like Relay into accounting practices to solve client problems and the importance of understanding client pain points.Meet Our Guest, Yoseph WestLinkedIn: https://www.linkedin.com/in/yosephwest/Twitter: https://twitter.com/bankwithrelayFacebook: https://www.facebook.com/bankwithrelayInstagram: https://instagram.com/bankwithrelayLearn more about the Relay Partner Program: https://www.relayfi.com/advisor-partner-program?referralcode=acctpod&utm_source=ab&utm_medium=podcast&utm_campaign=abpartnerprogramListener SurveyPlease take our listener survey: https://accounting.show/surveyNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
2/8/202430 minutes, 53 seconds
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What to Do if You Can't Find an Accountant for Tax Season

CNBC tells taxpayers to seek out EAs if they can't find a CPA, crypto fraud by a pastor who claims God told him to do it, issues with IRS taxpayer notices and filing, accounting irregularities at agricultural giant ADM send the stock plummeting, CPA reciprocity is a pain, AI updates including Microsoft Mesh VR meetings in Teams, FTC forcing TurboTax to stop advertising as "free," Wave’s new paid subscription model, and the liquidation threat facing massive Chinese developer Evergrande.SponsorsLiveFlow - http://accountingpodcast.promo/liveflowZoho - http://accountingpodcast.promo/zohoClient Hub - http://accountingpodcast.promo/clienthubChapters(00:29) - Welcome to the show (02:13) - CNBC article on what to do if you can't find a CPA to do your taxes (07:06) - Trump tax leaker sentenced to 5 years in prison (08:39) - FTC rules Intuit can no longer advertise their product as free (12:45) - H&R Block and Intuit are suing each other and each one's AI (18:32) - Brex is cutting 20% of their staff (20:52) - Microsoft Mesh and virtual reality meetings (24:07) - Wave introduces paid pro plan (25:58) - Microsoft passes Apple as the world's most valuable company (29:54) - Blake reads a few live viewer comments (30:50) - ADM suffers big stock drop amid accounting investigation (36:00) - Pastor charged with cryptocurrency fraud (38:32) - FTX has amassed $4.4 billion by selling cyrpto assets (39:51) - Tingo fraud update and correction (44:40) - Iowa CPA survey shows CPAs support alternative pathways to license besides 150-hour requirement (52:27) - A few IRS stories (01:00:17) - Blake teases China and Evergrande story (01:01:35) - Wrap up and please fill out our listener survey  Show NotesSEC Charges Tingo Mobile Founder, Three Companies with Massive Fraud and Obtains Emergency ReliefPastor Charged With Cryptocurrency Fraud Said God Told Him to Do It - The New York TimesAccounting investigation under way at ADM and its top financial executive has been placed on leave | AP NewsHere's what to do if you can’t find an accountant for tax seasonFormer IRS Contractor Sentenced for Disclosing Tax Return Information to News Organizations | United States Department of JusticeTurboTax Can No Longer Advertise Products as Free, F.T.C. SaysH&R Block launches AI tax filing assistant - The VergeTurboTax bolsters support options, both human and AIBrex cuts 20% of staff amid reports of stalled growth, high burn | TechCrunchBring virtual connections to life with Microsoft Mesh, now generally available in Microsoft TeamsInvestors see Microsoft's stock market value leaving Apple behindInput steers CPA licensure pathways recommendation - Iowa Society of CPAsListener SurveyPlease take our listener survey: https://accounting.show/surveyNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsREFRAME WORKSHOP - https://www.reframe2024.com/Royalwise - https://learn.royalwise.com/Forwardly - https://www.forwardly.com/The CAS Cache -
2/2/20241 hour, 7 minutes, 45 seconds
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Listener Mail: Finding Balance with Tech & CPA Pipeline Problem

This week, Blake and David Leary sort through the mail and respond to a variety of listener emails and voicemails. Amongst the topics covered, they explore working as a TurboTax preparer to barriers faced by career-changers entering public accounting. They go on to debate the root causes behind accounting's heavy workloads and offer perspectives on how licensing rules and firm profitability shape experiences.SponsorsOnPay - http://accountingpodcast.promo/onpayA2 Advisors - http://accountingpodcast.promo/luke Earmark - https://earmarkcpe.promo/EarmarkMediaKitChapters(00:04) - Welcome to the show and some personal updates from David and Blake (07:38) - A TurboTax expert tells us why she loves her job (16:26) - Tyler writes in about the pipeline problem (23:42) - Looking at other career certification requirements as inspiration for CPA change (27:47) - CPA mobility and reciprocity (37:32) - Bank statements are the norm for getting any loan in Puerto Rico (39:37) - The CPA profession is the transmission of a car (44:37) - Accountant's starting salaries are the biggest pipeline problem (53:39) - Blake checks in with the live chat (57:26) - Creating a "paralegal" type license in the accounting field (58:59) - Ways to mitigate busy season (01:02:17) - Wrap up and remember to send us your thoughts and stories  Show NotesComing soon!Listener SurveyPlease take our listener survey: https://accounting.show/surveyNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsREFRAME WORKSHOP - https://www.reframe2024.com/Royalwise - https://learn.royalwise.com/Forwardly - https://www.forwardly.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd
1/30/20241 hour, 7 minutes, 21 seconds
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How To Take The Pain Out Of Busy Season

Blake and David discuss the challenges of busy season and achieving work-life balance as accountants. They also debate the value and investment risks of cryptocurrency and analyze global economic impacts like outflows from China's economy. They also review some of the latest AI trends including self-driving vehicle safety data, and examine some recent news regarding a software error falsely accusing hundreds, an SEC crypto ETF approval, and a feel-good small town tax budget balanced without rate hikes thanks to a new accounting system implementation. Grab your favorite snack and have a listen!SponsorsOnPay - http://accountingpodcast.promo/onpayFinDaily - http://accountingpodcast.promo/findailyClient Hub - http://accountingpodcast.promo/clienthubChapters(00:31) - Welcome to the show. Blake has been traveling (07:04) - How can accountants attract lifelong customers (09:59) - KPMG working to reduce late hours and weekend work (16:08) - UK coffee shop introduces subscription pricing (19:54) - Are accounting tech jobs more balanced? (21:49) - We did a bonus interview with Rightworks and more AI updates (24:32) - Waymo caused accidents vs human drivers (29:39) - Are AI-caused layoffs coming? (31:29) - The SEC approves crypto ETFs (34:52) - NYT story on NYU student's $6 million crypto mine (39:35) - Update on UK Postal scandal and Fujitsu (43:52) - An estimated $50 billion per month moved out of China in 2023 (47:54) - Hydroxychloroquine and putting numbers in perspective (51:14) - David's personal information may have been leaked in the Framework leak (53:08) - GM suing the city of San Francisco over taxes (55:23) - Small Pennsylvania town cancels tax hikes after new accounting system finds unaccounted revenue (56:25) - Thanks for listening and remember to subscribe  Show NotesKPMG looks to take some of the pain out of the auditing ‘busy season’ OpenAI debuts ChatGPT subscription aimed at small teams | TechCrunch Comparison of Waymo Rider-Only Crash Data to Human Benchmarks at 7.1 Million Miles Expanding Copilot for Microsoft 365 to businesses of all sizes A third of companies have already laid off workers due to AI This N.Y.U. Student Owns a $6 Million Crypto Mine. His Secret Is Out. - The New York Times SEC Approves Bitcoin ETFs for Everyday Investors Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China. - The New York Times Hydroxychloroquine could have caused 17,000 deaths during Covid, study finds GM blasts San Francisco in lawsuit over $108M tax bill OpenAI debuts small team ChatGPT subscription Intuit sues H&R Block over marketing claims it says are false, misleadingThe role of auditors in the Post Office scandal: A need for greater accountability?  Framework email customers for data breach from accounting partner getting phishedFujitsu shares drop nearly 4% as its Europe chief says compensating Post Office victims is a 'moral obligation'        Report: 25% of CEOs Expect AI to Lead to Job Cuts in 2024           Expanding Copilot for Microsoft 365 to businesses of all sizes Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merch<...
1/25/20241 hour, 1 minute, 15 seconds
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Pay Transparency Website Levels Playing Field for Accountants

Dominic Piscopo is the founder of Big4Transparency.com, an accounting salary transparency website. Dominic was inspired to start the site based on his experience discovering the disparity in compensation between his accounting job and what other accountants were making in the same city. To date, Big4Transparency.com has collected over 13,000 salary data points. In the episode, we discuss the value of using the platform for salary negotiation. Dominic also highlights trends in accounting salaries, the impact of job hopping on earnings, and the relationship between work environment and job satisfaction.Meet Our Guest, Dominic PiscopoLinkedIn: https://www.linkedin.com/in/dopiscopo/Learn more about Big4Transparency.comWebsite: https://www.big4transparency.com/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
1/23/202424 minutes, 16 seconds
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Survey Says 80% of CPAs Support Alternatives to 150 Hours

Blake and David mull over the Arizona CPA Society's survey revealing that 80% of Arizona CPAs support 150-hour-rule alternatives. They also examine the UK Post Office scandal that led to hundreds of criminal convictions of postmasters, as well as Deloitte's recent massive audit failures, and the impacts of the talent shortage illustrated by delayed government audits in Wyoming. Wrapping things up, some reflections on the need for major reforms in auditing and regulation of the accounting profession. All this and more, right here, right now!Sponsors Zoho - http://accountingpodcast.promo/zohoRelay - http://accountingpodcast.promo/relayClient Hub - http://accountingpodcast.promo/clienthubChapters(00:29) - Blake goes over the Arizona Society of CPA's survey results (06:09) - Do 150-hour employees do better work? (09:38) - Are firms facing an accounting shortage? (14:49) - Did you know Nikki Haley was an accountant? (16:35) - Deloitte audit failure in Nigeria (29:42) - Certified Pastry Aficionado (31:44) - Tsunami miracle baby, now 19, pursuing an accounting degree (34:37) - Fujitsu, Horizon, and the disgusting postal worker prosecution failure by the UK government (48:48) - Blake checks in on the live chat (53:26) - Going Concern: Wyoming firm faces staffing shortage in critical government audits (56:56) - Download Earmark. Earn free CPE for listening  Show NotesArizona CPA Society releases 150-hour survey resultshttps://www.ascpa.com/news/ddf50a1e-70cc-4d5b-9e00-cc9c5f82c17e:az-cpa-januaryfebruary-2024How Deloitte missed a massive Nigerian company fraudhttps://www.forbes.com/sites/brandonkochkodin/2024/01/10/how-auditor-deloitte-missed-a-nigerian-companys-massive-fraud/?sh=49b6cce059f4Tsunami miracle baby now majoring in accountinghttps://www.nst.com.my/news/nation/2023/12/994163/tsunami-miracle-baby-now-19-pursues-accounting-degree-nsttvOnly two firms in Wyoming can do government audits, and one can’t do its jobhttps://www.goingconcern.com/there-are-only-two-firms-in-wyoming-that-can-do-government-audits-and-one-cant-do-its-job-because-of-staff-shortages/There Are Only Two Firms in Wyoming That Can Do Government Audits and One Can’t Do Its Job Because of Staff Shortages            https://www.goingconcern.com/there-are-only-two-firms-in-wyoming-that-can-do-government-audits-and-one-cant-do-its-job-because-of-staff-shortages/ Revealed: The Fujitsu fat cats who pocketed huge salaries while its flawed Horizon accounting system ruined...https://www.dailymail.co.uk/news/article-12948671/The-Fujitsu-fat-cats-pocketed-huge-salaries-flawed-Horizon-accounting-ruined-lives-thousands-postmasters-wrongly-accused-stealing-Post-Office-emerges-charge-government-contracts.html What should accounting technology providers learn from the Post Office Horizon scandal?https://www.accountancyage.com/2024/01/09/what-should-accounting-technology-providers-learn-from-the-post-office-horizon-scandal/ Plans to legislate for resolution of Post Office accounting scandalhttps://www.accountancydaily.co/plans-legislate-resolution-post-office-accounting-scandal Post Office under criminal investigation for potential fraud over Horizon scandalhttps://www.theguardian.com/uk-news/2024/jan/05/post-office-criminal-investigation-potential-horizon-accounting-fraud Some 86 people have seen their convictions for false accounting and theft overturnedhttps://curated.tncontentexchange.com/partners/afp/the-firm-created-faulty-accounting-software-that-saw-subpostmasters-wrongly-convicted-of-theft/image_383af729-fda2-517c-b5ff-85afffefb214.html UK police launch fraud inquiry over post office IT scandalhttps://www.themountaineer.com/news/national/uk-police-launch-fraud-inquiry-over-post-office-it-scandal/article_72e76f8b-7e6f-55ad-9605-93183aefb01e.html How the Post Office’s Horizon system failed: a technical breakdownhttps://www.theguardian.com/uk-news/2024/jan/09/how-the-post-offices-horizon-system-failed-a-technical-breakdown Bad software sent postal workers to jail, because no one wanted to admit it could be wronghttps://www.theverge.com/2021/4/23/22399721/uk-post-office-software-bug-criminal-convictions-overturned Post Office warned of software flaw in 2006, but failed to alert subpostmaster networkhttps://www.computerweekly.com/news/252514110/Post-Office-warned-of-software-flaw-in-2006-but-failed-to-alert-subpostmaster-network Post Office spunks fresh £36m on Fujitsu after cloud fail  https://www.thestack.technology/post-office-fujitsu-extension/ When did the Post Office scandal start? Timeline of key eventshttps://www.thetimes.co.uk/article/when-post-office-scandal-start-happen-timeline-of-key-events-2q23bhm2c Briefing presumption that computers are reliable               https://www.benthamsgaze.org/wp-content/uploads/2022/06/briefing-presumption-that-computers-are-reliable.pdf Horizon: The 20-year accounting software scandalhttps://www.accountingweb.co.uk/tech/accounting-software/horizon-the-20-year-accounting-software-scandalNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsRoyalwise - https://learn.royalwise.com/Forwardly - https://www.forwardly.com/LiveFlow Event - https://www.liveflow.io/events/greg-kyte-eventREFRAME WORKSHOP - https://www.reframe2024.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
1/19/20241 hour, 4 minutes, 17 seconds
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AI for Accountants - Exploring RightWorks Spark

Blake and David meet up with TJ Lewis and Aaron Van Ruler from RightWorks about their new AI tool called Spark, built specifically for accountants on top of ChatGPT. They discuss how Spark helps accounting professionals by providing industry-specific content, tools, and assistants to enhance efficiency and expertise. TJ and Aaron also share details on Spark's capabilities, roadmap, and potential integration with other RightWorks products.Meet Our GuestsTJ Lewis, Innovation Strategist, Right NetworksLinkedIn: https://www.linkedin.com/in/tj-lewis/Aaron Van Ruler, Innovation Strategist, RightworksLinkedIn: https://www.linkedin.com/in/avanruler/Learn more about Rightworkshttps://ai.rightworks.com/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
1/17/202431 minutes, 30 seconds
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How Much Tax Preparers Charge

Blake throws his hat into the ring for President and CEO of NASBA! Hear how he intends to shake things up should he be chosen! Next, Blake and David unpack a survey on the surprisingly low tax-preparer fees across the country, discuss the headaches still posed by interstate CPA licensing, and consider some solutions like modeling CPA reciprocity rules! Grab some snacks and enjoy!Sponsors LiveFlow - http://accountingpodcast.promo/liveflowUncat - http://accountingpodcast.promo/uncatBookkeep - https://earmarkcpe.promo/EarmarkMediaKitChapters(00:00) - How Much Tax Preparers Charge (01:18) - Blake applied to be the new NASBA President and CEO (08:56) - David's customer experience at a Publix's grocery store (11:06) - National Association of Tax Professionals 2023 survey results (17:54) - What type of returns are they doing? (23:16) - How do tax preparers operate? (24:32) - How do tax preparers price? (27:38) - Now lets talk about business tax returns (32:02) - When do tax preparers get paid? (50:57) - What work went unbilled? (54:58) - Type of services offered (55:27) - Average wages for tax employees (56:08) - Blake checks in with the live stream (59:14) - Daryl asks for career advice (01:04:56) - New TurboTax ad doesn't shy away from "free" claim (01:06:10) - Listener email on reciprocity (01:18:38) - Wrap up and where to reach us  Show NotesIntuit TurboTax's 2024 "Make Your Moves Count" Campaign Highlights Its Tax Experts, AI Technology and Filing Solutions Ensuring the Best Tax Outcome for All Types of Filers   TurboTax Free Edition 2024 Commercial "Free Connoisseur" (Official TV Ad :30) NATP 2023 Tax Professional Fee StudyNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsRoyalwise - https://learn.royalwise.com/Forwardly - https://www.forwardly.com/LiveFlow Event - https://www.liveflow.io/events/greg-kyte-eventREFRAME WORKSHOP - https://www.reframe2024.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
1/12/20241 hour, 23 minutes, 20 seconds
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Turning Staff Into Workaholics Makes Them Way Less Productive

In this 2023 wrap-up, Blake and David discuss an appeals court ruling that audit reports are so generic they are essentially useless to investors. They also explore the concept of "productivity theater" where employees pretend to be constantly working, even though it leads to disengagement and burnout. Continuing the theme, they contemplate why mandatory weekend work persists and share ideas on how firms can improve work-life balance. Rounding out the discussion, they offer up some career advice to accounting students on finding fulfilling roles and avoiding common traps such as extreme overwork. Sponsors LiveFlow - http://accountingpodcast.promo/liveflowZoho - http://accountingpodcast.promo/zohoEarmark - https://earmarkcpe.promo/EarmarkMediaKitChapters(00:21) - David will get an Earmark tattoo at 100,000 subscribers (04:13) - Slack survey reveals forced overtime reduces productivity (07:37) - Remote workers' surveillance (10:17) - Mandatory Saturdays going away (16:12) - What is keeping firms up at night? (21:38) - What percentage of firms are filing tax extensions for their clients (23:46) - A junior accounting student asks for some advice (29:48) - Appeals court rules audit report is immaterial (34:58) - SPACs accounted for at least 21 bankruptcies and $46 billion lost in 2023 (39:54) - The importance of finding and making your own work/life balance (48:46) - Back to advice for younger accountants entering the profession (57:45) - An accountant has a breakdown at the airport (59:47) - Thanks for listening and remember to subscribe  Show NotesTurning staff into workaholics makes them way less productive | FortuneBurned Investors Ask ‘Where Were the Auditors?’ A Court Says ‘Who Cares?’ - WSJAccounting in 2024: The year ahead in numbersFull PDF of study is here: https://www.accountingtoday.com/research-report/optimism-abounds-but-people-problems-persistSPAC companies accounted for at least 21 bankruptcies this year and a staggering $46 billion in lost investor value | FortuneNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need 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/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsRoyalwise - https://learn.royalwise.com/Forwardly - https://www.forwardly.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
1/5/20241 hour, 3 minutes, 31 seconds
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Accounting Professor Bills Trump $900,000 for Expert Testimony

Just in time for the holidays, Blake and David examine the accounting professor from NYU who charged Trump nearly $900,000 for expert testimony. They also tackle issues around accountant retention and turnover, tax updates, the financial operations of Hamas, as well as Hunter Biden's indictment on tax charges, and tips for using spreadsheets in filmmaking and other creative projects. All this and more to keep you entertained while you wrap those last-minute gifts!Sponsors LiveFlow - http://accountingpodcast.promo/liveflowEarmark - https://earmarkcpe.promo/EarmarkMediaKit Keeper - https://cloudaccountingpodcast.promo/keeperChapters (00:38) - Who knew being an expert witness paid so well (06:43) - Former Wall Street accountant leaves profession to become an escort and exotic dancer (09:37) - Illinois retention survey (17:21) - Has AI job replacement theory reached mainstream? (18:31) - Why employees resign (20:55) - Accounting rules and the supply of accountants (24:53) - FASB announces new rules for cryptocurrencies (26:07) - IRS expanding their modernization efforts for technology (27:48) - FinCEN updates a new service opportunity for accountants (34:20) - Former Jaguars employee accused of stealing over $22 million (39:23) - Nikola founder sentenced to prison for fraud (43:10) - 64% of employees waste time due to lack of deadlines (45:20) - EY laying off US partners (48:28) - EY names Janet Truncale first female global CEO of big 4 firm (49:20) - The IRS plans reorg at the highest leadership levels (50:02) - Israel and the US knew of Hamas bank account (54:00) - Hunter Biden's indictment (58:22) - All Sorts director demonstrates how he uses spreadsheets (01:02:07) - Wrap up and where to reach us  Show NotesTrump PAC paid for expert witness testimony in NY civil fraud trialhttps://www.nbcnews.com/politics/donald-trump/trump-pac-paid-expert-witness-testimony-ny-civil-fraud-trial-rcna128804 EY Is Laying Off U.S. Partners Amid Tough Economic Conditions – WSJhttps://www.wsj.com/articles/ey-is-laying-off-u-s-partners-amid-tough-economic-conditions-9efc4aa6 Accounting Rules and the Supply of Accountants by Anthony Le :: SSRNhttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=4666335 Righting Retention - Insight Special Featurehttps://www.icpas.org/information/professional-issues/talent-retention Stripper and escort rakes in $34k per week catering to Wall Streethttps://nypost.com/2023/12/18/business/stripper-and-escort-rakes-in-34k-per-week-catering-to-wall-street/ FinCEN ramps up guidance as beneficial ownership requirements looms | Accounting Todayhttps://www.accountingtoday.com/opinion/fincen-ramps-up-guidance-as-beneficial-ownership-requirements-fast-approach Trevor Milton Gets Four Years in Prison for Deceptions on Zero-Emission Truckshttps://www.wsj.com/us-news/law/trevor-milton-lied-about-nikolas-zero-emission-trucks-is-that-worth-a-decade-in-prison-ae35ce40 64% of Employees Waste Hours Due to Lack of Deadlines | CFOhttps://www.cfo.com/news/64-of-employees-waste-hours-due-to-lack-of-deadlines/702774/ IRS Expands Business Tax Account Tool To Include S Corps And Partnershipshttps://www.forbes.com/sites/kellyphillipserb/2023/12/18/irs-expands-business-tax-account-tool-to-include-s-corps-and-partnerships/ Israel Found the Hamas Money Machine Years Ago. Nobody Turned It Off.https://www.nytimes.com/2023/12/16/world/europe/israel-hamas-money-finance-turkey-intelligence-attacks.html?smid=nytcore-ios-share&referringSource=articleShare Hunter Biden Charged With Evading Taxes on Millions From Foreign Firmshttps://www.nytimes.com/2023/12/07/us/politics/hunter-biden-indictment.html Former Jaguars employee accused of stealing over $22 million – ESPNhttps://www.espn.com/nfl/story/_/id/39059710/former-jaguars-employee-accused-stealing-22-million EY names Janet Truncale as first female global CEO of Big Four firm | Accounting Todayhttps://www.accountingtoday.com/articles/ey-names-janet-truncale-as-first-female-global-ceo-of-big-four-firm NY AG disputes Trump expert’s GAAP analysis      https://www.cfodive.com/news/gaap-holds-spotlight-final-stretch-250m-trump-civil-fraud/702327/Hunter Biden Indicted On Criminal Tax Charges In Californiahttps://www.forbes.com/sites/kellyphillipserb/2023/12/08/hunter-biden-indicted-on-criminal-tax-charges-in-california/ Hunter Biden Charged with Tax Crimes in Los Angeleshttps://www.cpapracticeadvisor.com/2023/12/11/hunter-biden-charged-with-tax-crimes-in-los-angeles/98977/ Trump's accounting expert trashes NY's 'absurd' fraud casehttps://www.accountingtoday.com/articles/trumps-expert-accounting-witness-trashes-nys-absurd-fraud-case-in-court-clash Donald Trump returns to court, lauds his defense expert who sees no evidence of accounting fraudhttps://thepublicsradio.org/article/donald-trump-returns-to-court-lauds-his-defense-expert-who-sees-no-evidence-of-accounting-fraud First US Crypto Accounting Rules to Capture Token Highs, Lowshttps://news.bloombergtax.com/financial-accounting/first-us-crypto-accounting-rules-to-capture-token-highs-lows Accounting Expert Receives Huge Sum for Testimony in Trump's Fraud Casehttps://ticker.tv/news/trump-expert-witness-paid-nearly-900000-for-testimony-in-fraud-case/362692/ The 73 Spreadsheets You'll Need to Finish Your Feature Film          https://nofilmschool.com/film-spreadsheet Trump judge slams credibility of paid expert in fraud case, suggests fee influenced testimonyhttps://www.cnbc.com/2023/12/18/trump-judge-in-ny-fraud-case-slams-credibility-of-paid-defense-expert-.html Illinois CPA Society Releases New Report on Turnover in the Accounting Professionhttps://www.cpapracticeadvisor.com/2023/12/18/illinois-cpa-society-releases-new-report-on-turnover-in-the-accounting-profession/99314/ Last Minute Scramble To Delay New Law Impacting Small Businesseshttps://www.forbes.com/sites/kellyphillipserb/2023/12/18/last-minute-scramble-to-delay-new-law-impacting-small-businesses/ IRS Announces Plans To Shake Up Leadership Roleshttps://www.forbes.com/sites/kellyphillipserb/2023/12/13/irs-announces-plans-to-shake-up-leadership-roles/ PwC agrees to pay $1.45-million to settle with Ontario accounting regulator over exam cheatinghttps://www.theglobeandmail.com/business/article-pwc-agrees-to-pay-145-million-to-settle-with-ontario-accounting/ Cheaters at PwC Canada Thought Sharing Answers With Each Other Was “Collaborative Culture”https://www.goingconcern.com/cheaters-at-pwc-canada-thought-sharing-answers-with-each-other-was-collaborative-culture/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsRoyalwise - https://learn.royalwise.com/Forwardly - https://www.forwardly.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
12/28/20231 hour, 6 minutes, 11 seconds
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Building a Firm to the Right Size with Keila Hill-Trawick, CPA

Keila Hill-Trawick joins Blake and David to discuss her philosophy on intentionally building a firm to the "right" size, rather than pursuing endless revenue growth. She also explains how her firm narrowed its service offerings to focus on core recurring services like tax planning and fractional CFO work. Blake and David examine research on how much money Americans think they need annually to be happy, with millennials citing much higher targets. They also talk about an accounting reference in the new Trolls movie and the need for more diverse and positive CPA portrayals in media.Sponsors LiveFlow - http://accountingpodcast.promo/liveflowEarmark - https://earmarkcpe.promo/EarmarkMediaKit Keeper - https://cloudaccountingpodcast.promo/keeperChapters (00:31) - Keila Hill-Trawick joins the show (07:32) - How did you decide to cut back on services your firm offered? (09:44) - What core services do you offer? (12:04) - Do you help clients set up the services you don't offer? (13:24) - What does your current team look like and how did you build it? (17:04) - What are you charging clients? (20:32) - How many clients does each employee handle and will that change with technology? (23:18) - What's the ultimate goal? (28:25) - Berkshire Hathaway lawsuit (38:51) - SmileDirectClub declares bankruptcy (45:37) - Thoughts on accountants doing IT audits (51:03) - How much money do Americans need to be happy? (01:04:24) - Accounting reference in the newest Trolls movie (01:07:31) - Wrap up and how to reach Keila  Show NotesWhat’s Behind Warren Buffett’s Fight With a Truck-Stop Mogul – WSJhttps://www.wsj.com/business/warren-buffett-berkshire-hathaway-jimmy-haslam-pilot-lawsuit-70ef0413Trolls movie CPAhttps://www.linkedin.com/posts/jacob-g-5819b780_went-to-see-the-new-trolls-movie-with-my-activity-7134882587042320384-RC32Warren Buffett's Berkshire Hathaway sued by Haslam family over Pilot truckstop chain takeoverhttps://cdllife.com/2023/haslam-family-sues-pilot-majority-owner-berkshire-hathaway-over-accounting-practices/Bankrupt SmileDirectClub shuts down, says its ‘Lifetime Smile Guarantee’ is canceled - but Smile Pay users are expected to keep paying https://fortune.com/2023/12/11/bankrupt-smiledirectclub-shutting-down/Meet our Guest, Keila Hill-TrawickWebsite: http://www.littlefishaccounting.com/LinkedIn: https://www.linkedin.com/in/keilahilltrawickTwitter: https://twitter.com/littlefishcpaInstagram: https://www.instagram.com/littlefishaccounting/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsRoyalwise - https://learn.royalwise.com/Forwardly - https://www.forwardly.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
12/22/20231 hour, 11 minutes, 3 seconds
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Solving the CPA Pipeline Problem: An Interview with AICPA's National Pipeline Advisory Group

Lexy Kessler, National Pipeline Advisory Group (NPAG) chair and Sue Coffey, Chief Executive Officer – Public Accounting with AICPA join us for a special bonus episode to address the accounting talent crisis and talk about how we can improve the CPA pipeline. Along with these issues, they also emphasize the importance of working together as a profession, being data-driven in their approach, and looking at the broader ecosystem of accounting, with updates and more comprehensive strategies expected to be detailed in the NPAG draft national strategy plan in May 2024.Meet Our GuestsLexy Kessler, Chair - National Pipeline Advisory Group (NPAG)Website: https://www.accountingpipeline.org/LinkedIn: https://www.linkedin.com/in/lexykessleraprio/Susan S. Coffey, CPA, CGMA - CEO – Public Accounting at the Association of International Certified Professional AccountantsWebsite: https://www.aicpa-cima.com/resources/article/susan-s-coffey-cpa-cgmaLearn more about the National Pipeline Advisory Group (NPAG)https://www.accountingpipeline.org/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
12/21/202328 minutes, 29 seconds
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QuickBooks Desktop Is Dead. Long Live Online!

Blake and David discuss Intuit's announcement that QuickBooks Desktop will no longer be sold as new subscriptions after July 2024. They also talk about the need for changes in the accounting profession, such as simplifying financial reporting requirements and revising the 150-hour rule. In other news, they cover sanctions against China-based accounting firms, incorrect IRC claims by businesses, and the Adidas-Kanye West fallout. They also explore how AI can help explain complex concepts to clients clearly and accurately.SponsorsLiveFlow - http://accountingpodcast.promo/liveflow Relay - https://cloudaccountingpodcast.promo/relay Keeper - https://cloudaccountingpodcast.promo/keeperChapters (01:13) - Accounting has been in the news a lot recently (03:57) - QuickBooks Desktop is dead (11:26) - Blake's thoughts from The Digital CPA Conference (16:18) - CPA Journal - eliminate the 150-hour rule (18:26) - The Accountant 2 film confirmed (21:04) - Blake went to Kentucky (22:39) - The PCAOB sanctioned 3 China-based firms (25:33) - The IRS sends 20,000 letters regarding ERC claims (30:02) - Kanye West and Adidas fallout (38:41) - Earmark updates and the IRS releasing taxpayer business accounts (40:48) - CFO.com: 61% of finance executives are not using AI (44:54) - Can AI trim years off of the partner path? (46:25) - The traditional CPA firm structure (50:10) - Blake asks AI to explain basis to a non-accountant (56:27) - AccountingWeb tricks to help detect AI-written articles (59:09) - Wrap up and how to reach us  Show NotesTwitter: Any good plain-English way to explain basis? https://x.com/wtfoote/status/1725193933410668755?s=12 61% of Finance Execs Not Using AI Yet: Weekly Stat | CFOhttps://www.cfo.com/news/artificial-intelligence-implementation-adoption-gartner-survey/699082/ The Yeezy standard for accounting | Financial Timeshttps://www.ft.com/content/8b094370-f7e7-492b-b56d-6c0096be7784BST & Co. Got Sick of Hounding Rudy Giuliani to Pay His Bill So Now They’re Suing Him          https://www.goingconcern.com/bst-co-got-sick-of-hounding-rudy-giuliani-to-pay-his-bill-so-now-theyre-suing-him/ PCAOB sanctions three Chinese firms, including PwC affiliateshttps://www.accountingtoday.com/news/pcaob-sanctions-three-chinese-firms-including-pwc-affiliates The Accounting Profession Is in Crisis    https://www.cpajournal.com/2023/12/01/the-accounting-profession-is-in-crisis/ BREAKING NEWS: QuickBooks Desktop Product Changeshttps://insightfulaccountant.com/accounting-tech/general-ledger/breaking-news-quickbooks-desktop-product-changes/ What Can the Profession Do?       https://www.cpajournal.com/2023/12/04/what-can-the-profession-do/ Supreme Court could make massive tax impact — or none at allhttps://www.accountingtoday.com/news/supreme-court-to-hear-arguments-in-moore-v-u-s Billionaire Tax Rests on a Disputed $14,729 Refund at the Supreme Courthttps://www.cpapracticeadvisor.com/2023/12/04/billionaire-tax-rests-on-a-disputed-14729-refund-at-the-supreme-court/98782/ Some of the Big 4 consulting giants already think AI could trim years off the path to partner        https://fortune.com/2023/12/04/big-4-consulting-giants-pwc-kpmg-ai-trim-years-path-partner/ Opioid trust transparency questioned after accounting firm choicehttps://www.thecentersquare.com/pennsylvania/article_c7977d42-9515-11ee-8bd6-3b90276d4b6b.htmlNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsRoyalwise - https://learn.royalwise.com/Forwardly - https://www.forwardly.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
12/13/20231 hour, 50 seconds
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AICPA Blames Boring Accounting Professors for Pipeline Problem

Blake and David discuss updates from the AICPA's Talent Pipeline Committee, including surprises about the high dropout rate of accounting majors in college. They also explore new custom AI capabilities in ChatGPT that allow users to create specialist bots and speculate on applications for accounting firms. They also cover lawsuits alleging Hollywood accounting tricks used by Disney to deprive financial partners of profits. Grab some snacks and enjoy!Sponsors LiveFlow - http://accountingpodcast.promo/liveflowEarmark - https://earmarkcpe.promo/EarmarkMediaKit Keeper - https://cloudaccountingpodcast.promo/keeperChapters (01:34) - NASBA is hiring a new COO (05:27) - What we'll cover on this week's show (07:13) - AICPA talks about the pipline issues on Accounting Today's podcast (13:28) - Blake checks in on the live chat (22:08) - Two vastly different articles on CPAjournal.com about how to solve the accountant shortage (30:59) - Making the CPA more accessible (42:05) - Blake demonstrates OpenAI's new custom GPT maker (54:32) - Disney sued for "Hollywood Accounting" methods (01:01:07) - Thanks for listening and how to reach us  Show NotesNASBA Begins Search for New President and CEO | NASBAhttps://nasba.org/blog/2023/11/28/nasba-begins-search-for-new-president-and-ceo/ Rethinking the 150-Hour Requirement for CPA Licensure - The CPA Journalhttps://www.cpajournal.com/2023/11/27/rethinking-the-150-hour-requirement-for-cpa-licensure/ The Accounting Pipeline - The CPA Journalhttps://www.cpajournal.com/2023/11/22/the-accounting-pipeline/ Disney sued over accounting by film financiershttps://www.cfobrew.com/stories/2023/08/29/disney-sued-by-film-financiersA pipeline progress report            https://www.accountingtoday.com/podcast/a-progress-report-on-accountings-pipeline-problem Rethinking the 150-Hour Requirement for CPA Licensurehttps://www.cpajournal.com/2023/11/27/rethinking-the-150-hour-requirement-for-cpa-licensure/ Accounting Education Disrupted https://www.cpajournal.com/2023/11/21/accounting-education-disrupted/ KPMG, Deloitte Ask Staff to Use Burner Phones for HK Visits: FThttps://news.bloombergtax.com/financial-accounting/kpmg-deloitte-ask-staff-to-use-burner-phones-for-hk-visits-ft Deloitte and KPMG encourage use of burner phones in Hong Konghttps://uk.finance.yahoo.com/news/deloitte-kpmg-encourage-burner-phones-101802848.html NASBA starts search for CEO successor    https://www.accountingtoday.com/news/nasba-starts-search-for-ceo-successorNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsRoyalwise - https://learn.royalwise.com/Forwardly - https://www.forwardly.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
12/6/20231 hour, 3 minutes, 3 seconds
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Listener Mail: Compilations, Talent Crisis, ESOPs, 120 v. 150, TurboTax

Blake and David sort through the listener mailbag to find out what you think! Amongst the letters, we’ve got opinions on accounting without assurance and the industry talent crisis, as well as potential unethical practices by some tax experts, and the need for accrediting standards for accounting programs. Blake and David also address the complex nature of the taxation system and emphasize the need for industry-wide changes to address ethical dilemmas. Join us to hear all this and so much more! Sponsors OnPay - https://cloudaccountingpodcast.promo/onpayZoho - http://accountingpodcast.promo/zoho Keeper - https://cloudaccountingpodcast.promo/keeperChapters (00:30) - Welcome to the show and what we'll cover (07:14) - Trump's legal team again blaming accountants for faulty financial statements (08:54) - Anthony writes in about compilations (13:51) - Nathan writes in to suggest more people contract audit work (16:03) - Chris asks some questions about the BDO ESOP episode (19:29) - Cheryl writes in about the 150-hour requirement (23:27) - Kurt asks about the disparity between accounting graduate programs (28:40) - Ryan tells a story of a client getting awful advice from a TurboTax Live employee (35:00) - Digitial Accountants asks why so many tax clients want to push the envelope too far with tax returns and the IRS (38:57) - Listener gives some insights on why academia is filled with the professors it has (56:00) - A UK accounting firm has client data leaked after being hacked (01:01:19) - The University of Arionza is missing $240 million (01:05:18) - QuickBooks ProAdvisor badges and changes (01:12:25) - Wrap up and remember you can earn free CPE from listening to this podcast  Show NotesA cyberattack on a U.K. accounting firm wound up leaking U.S. ... https://www.databreaches.net/a-cyberattack-on-a-u-k-accounting-firm-wound-up-leaking-u-s-patient-data-now-what/Reimagined ProAdvisor Program Goes Live Today https://insightfulaccountant.com/accounting-tech/general-ledger/reimagined-proadvisor-program-goes-live-today/Always Something University and UofA $240-million accounting mistake https://sports360az.com/always-something-university-and-uofa-240-million-accounting-mistake/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsRoyalwise - https://learn.royalwise.com/Forwardly - https://www.forwardly.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
11/29/20231 hour, 18 minutes, 30 seconds
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What's New in QuickBooks from Connect | Firms Turning Away Work Due to Staffing Shortages

We're back from QuickBooks Connect 2023 with announcements, updates, new features, and improvements in QuickBooks Online. Also, EY got fined $3 million for cheating on ethics exams, and 42 percent of firms are turning away work due to staff shortages. Finally, we discuss the disruption of Alphabet's main search business by Microsoft, Amazon, and Apple in the AI-powered assistant space.Sponsors LiveFlow - http://accountingpodcast.promo/liveflowZoho - https://cloudaccountingpodcast.promo/zoho Keeper - https://cloudaccountingpodcast.promo/keeperChapters (00:32) - Blake and David are back from QuickBooks Connect (06:38) - New QuickBooks features announced at QuickBooks Connect (07:25) - QuickBooks Ledger (09:47) - Expanded roles and permissions in QBO (10:16) - QuickBooks Payroll cost allocations (11:23) - Chart of Accounts templates (12:26) - Changes to ProAdvisor Program (13:08) - Now you can copy QBO files to a sandbox (16:20) - Blake's AI session at QuickBooks Connect (24:47) - Blake will be giving a webinar on AI on Earmark's Webinars+ (27:33) - EY Texas gets a $3 million penalty for cheating on ethics exams (34:35) - 46% of EY audits in 2022 had flaws (37:47) - What numbers do investors care about? (41:40) - PCAOB says they have doubled their fines in recent years (43:35) - More cities are struggling with ERP rollouts (44:57) - Zoho introduces practice management software for accountants (46:45) - Tech Radar's top laptops for accountants (48:04) - Intuit updates their tax software and shuts down Mint (55:29) - 42% of accountants turn down work over staff shortages (57:51) - ClientHub introduces AI-enabled email integration (59:24) - 3 AI-based accounting companies raise a lot of money (01:08:48) - Is Google/Alphabet in trouble? (02:03) - 31 Wrap up and thanks for listening  Show NotesIntuit rolls out bevy of new features for the next tax season | Accounting Todayhttps://www.accountingtoday.com/news/intuit-rolls-out-bevy-of-new-features-for-the-next-tax-year New product innovations at announced at QuickBooks Connect help accountants drive small business growthhttps://www.firmofthefuture.com/quickbooks-connect/new-product-innovations/ PCAOB fines doubled in recent years | Accounting Todayhttps://www.accountingtoday.com/news/pcaob-fines-doubled-in-recent-years Accounting firms hit with record US fines over audit failureshttps://www.ft.com/content/25a65a49-4b94-4a80-82d8-435616a78f27 SURVEY: 42% of Accountants Turn Away Work Over Staff Shortages - CPA Trendlineshttps://cpatrendlines.com/2023/11/09/survey-48-of-accountants-turn-away-work-over-staff-shortages/ Black Ore Emerges from Stealth with $60 Million in Funding to Bring AI to Financial Serviceshttps://www.blackore.ai/articles/black-ore-emerges-from-stealth-with-60-million-fundingLaunching Zoho Practice: The Ultimate Practice Management Softwarehttps://www.zoho.com/blog/general/launching-zoho-practice.html Bill Holdings Is Said to Near $1.95 Billion Deal for Meliohttps://www.bloomberg.com/news/articles/2023-11-08/bill-holdings-is-said-to-near-1-95-billion-deal-for-melio Bill Holdings stock sinks amid report of $1.95B deal talks for Melio ...https://seekingalpha.com/news/4033680-bill-holdings-sinks-amid-report-of-195b-deal-talks-for-melio-payments Bill Holdings denies media report on Melio deal  https://www.reuters.com/markets/deals/bill-holdings-nears-195-billion-payments-deal-melio-bloomberg-news-2023-11-08/ Puzzle secures $30m for revolutionary AI-powered accounting ...https://fintech.global/2023/11/15/puzzle-secures-30m-for-revolutionary-ai-powered-accounting-platform/ EY Gets $3 Million Penalty by Texas Board of Public Accountancyhttps://www.cpapracticeadvisor.com/2023/11/13/ey-gets-3-million-penalty-by-texas-board-of-public-accountancy/97576/ Bill's stock bounces after denial of report it was pursuing a $2 billion ...https://www.marketwatch.com/story/bills-stock-bounces-after-denial-of-report-it-was-pursuing-a-2-billion-cash-and-stock-buyout-of-melio-payments-7562580b Black Ore Raises $60 Million and Debuts AI Tool for Accountantshttps://www.pymnts.com/news/investment-tracker/2023/black-ore-raises-60-million-dollars-debuts-artificial-intelligence-tool-accountants/ New Products at QuickBooks Connect Help Accountants Drive Small ...https://www.cpapracticeadvisor.com/2023/11/14/new-products-at-quickbooks-connect-help-accountants-drive-small-business-growth/97644/ St. Louis comptroller said prior mayor wanted new accounting ...https://www.stltoday.com/news/local/government-politics/st-louis-comptroller-said-prior-mayor-wanted-new-accounting-system-but-she-voted-for-it/article_8afa54ca-8275-11ee-9673-efc459761629.html Intuit QuickBooks Unveils New Product Innovations at QuickBooks Connect that Help Accountants Drive Small Business Growth https://www.intuit.com/company/press-room/press-releases/2023/intuit-quickbooks-unveils-new-product-innovations-at-quickbooks-connect-that-help-accountants-drive-small-business-growth/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
11/22/20231 hour, 14 minutes, 32 seconds
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How to Survive Public Accounting and the CPA Exam

CPA Exam prep rockstars Peter Olinto and Roger Philipp join Blake and David to discuss the evolution of the CPA Exam over time, the importance of making studying entertaining, and challenges facing the accounting profession like public accounting burnout. Both Olinto and Philipp believe competition between CPA review courses drives innovation and helps students pass the exam, and they aim to make studying engaging through humor, memory techniques, and technology.Sponsors LiveFlow - http://accountingpodcast.promo/liveflowChapters (00:38) - Where did you learn to make CPA exam prep entertaining? (05:12) - Do you have any nightmare CPA exam stories? (10:39) - What does the current CPA exam look like and what's changing in 2024? (14:27) - Do you think the CPA exam changes will help the pipeline? (17:12) - Have CPA exam pass rates gone up with the 5th-year requirement? (19:58) - How did you both get involved with UWorld? (22:58) - Advice for accountants struggling to balance studying with their work and lives (29:23) - How are you dealing with reduced attention spans (36:30) - Do you tell students to diet and exercise as part of exam prep? (42:04) - Peter's famous coffee offer (43:00) - Why do you think young accountants are leaving the profession? (51:12) - The problem with work-life balance versus billable hours (59:08) - Wrap up and where to find out more about UWorld Meet Our Guests:Peter Olinto LinkedIn: https://www.linkedin.com/in/peter-olinto-5966586b/Twitter: https://twitter.com/peterolinto?lang=enRoger Philipp, CPA, CGMALinkedIn: https://www.linkedin.com/in/rogerphilipp/Twitter: https://twitter.com/rogercpa?lang=enShow Noteshttps://newsroom.uworld.com/story/uworld-launches-all-new-cpa-exam-review-product-to-prepare-candidates-for-the-2024-cpa-evolution/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
11/18/20231 hour, 2 minutes, 42 seconds
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Earmark Media Presents: Unofficial QuickBooks Accountants Podcast

Listen to the full Unofficial QuickBooks Accountants Podcast here: https://share.transistor.fm/s/5586a16eEarmark Media Presents a bonus episode of Unofficial QuickBooks Accountants Podcast. Hector and Alicia dig into all the details and speculation around Intuit's newest cloud accounting product QuickBooks Ledger. Is it an affordable option for write-up clients or an over-hyped limited edition QBO? Listen to the full Unofficial QuickBooks Accountants Podcast here: https://share.transistor.fm/s/5586a16eSend your Questions/Comments (we could read/answer them on air) [email protected]/Apps Mentioned in this episode: Hector's App - RightTool www.righttool.app Alicia's Training - RoyalWise http://royl.ws/uqapodcast QuickBooks Connect Conference:www.quickbooksconnect.com Firm of the Future: www.firmofthefuture.com
11/11/20239 minutes, 3 seconds
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Can AI Become An Accounting Expert?

Blake and David examine the downfall of FTX and founder Sam Bankman-Fried and look at some controversies around Deloitte auditors backdating audit paperwork in Canada, receiving only a minor fine. They also marvel at Donald Trump's attempt to blame accountants for alleged financial statement fraud in his organization. All this, and other news including NASBA's CEO's upcoming retirement, IRS budget cut updates, and generational differences around public accounting work environments. Sponsors LiveFlow - http://accountingpodcast.promo/liveflowRelay - https://cloudaccountingpodcast.promo/relay Keeper - https://cloudaccountingpodcast.promo/keeper#IgnitionPrecon Party at QuickBooks Connect - Sunday, November 12,  7:00pmRSVP here: https://ignitionapp.info/precon-earmarkChapters (00:39) - Blake is back from Maryland where he gave a talk on AI and accounting (04:16) - CPA Journal uses bad AI to draw conclusions on AI's future in accounting (10:32) - Guinness Stout might not exist without taxes (13:44) - Jeff Bezos is moving to Miami (17:23) - Over 2/3 of Ohio CPAs are 50 or older (22:58) - Sam Bankman-Fried found guilty (24:30) - WeWork files for bankruptcy (30:28) - Trump trial updates: Donald Trump takes the stand (41:19) - CPA Ontario fines Deloitte (47:34) - IRS budget cut again (53:08) - NASBA CEO Ken Bishop plans to retire (54:36) - BDO and other firms becoming ESOPs (56:27) - Expensify closes their longue in SF (01:00:29) - We're going to QuickBooks Connect (01:01:17) - Blakes shares Instagram clip of street CPA interview (01:03:11) - Wrap up and how to earn free CPE for listening to this podcast  Show NotesHouse passes Israel aid tied to IRS cuts, triggering Biden clash | Accounting Todayhttps://www.accountingtoday.com/articles/house-passes-israel-aid-tied-to-irs-cuts-triggering-biden-clash New York accounting firm Grassi announces ESOP | Accounting Todayhttps://www.accountingtoday.com/news/new-york-accounting-firm-grassi-announces-esop Trump’s Sons Cast the Blame for Fraud on Their Company’s Accountantshttps://www.nytimes.com/2023/11/02/nyregion/eric-trump-donald-jr-fraud-trial.html?smid=nytcore-ios-share&referringSource=articleShare NASBA CEO Ken Bishop plans to retire | Accounting Todayhttps://www.accountingtoday.com/news/nasba-ceo-ken-bishop-plans-to-retire IG reel: Good salary BUT don’t become a CPAhttps://www.instagram.com/reel/CzCgptfpjmv/ Can Artificial Intelligence Become an Accounting Expert? - The CPA Journalhttps://www.cpajournal.com/2023/10/24/can-artificial-intelligence-become-an-accounting-expert-2/Deloitte Auditors Got Caught Changing Their Computer Clocks to Backdate Workpapershttps://www.goingconcern.com/deloitte-auditors-got-caught-changing-their-computer-clocks-to-backdate-workpapers/ Ohio floats plan to recruit more CPAs      https://www.accountingtoday.com/news/ohio-floats-plan-to-recruit-more-cpas WeWork, once valued at $47 billion, files for bankruptcy https://www.cnbc.com/2023/11/07/wework-files-for-bankruptcy.html Here's how much WeWork co-founder Adam Neumann made before the company's bankruptcyhttps://www.cnbc.com/2023/11/07/heres-how-much-wework-founder-adam-neumann-got-before-bankruptcy.html Sam Bankman-Fried found guilty on all seven criminal fraud countshttps://www.cnbc.com/2023/11/02/sam-bankman-fried-found-guilty-on-all-seven-criminal-fraud-counts.html Amazon founder Jeff Bezos is leaving Seattle for Miami    https://www.cnbc.com/2023/11/03/amazon-founder-jeff-bezos-is-leaving-seattle-for-miami.html Ohio Society of CPAs Develops Action Plan Aimed at Talent Shortagehttps://www.cpapracticeadvisor.com/2023/11/06/ohio-society-of-cpas-develops-action-plan-aimed-at-talent-shortage/97271/ Billions still lost through bad accounting, says auditor general       https://mg.co.za/business/2023-11-03-billions-still-lost-through-bad-accounting-says-auditor-general/ Eric Trump testified over and over again he had nothing to do with his dad’s accounting. Then he was shown his own emails   https://fortune.com/2023/11/03/eric-trump-testifies-fraud-trial-never-worked-donald-financial-statements-emails-testimony-involvement/ Former FTX CEO found guilty of fraud      https://www.bankingdive.com/news/former-ftx-ceo-sam-bankman-fried-found-guilty-7-counts-fraud-conspiracy/698555/ House Passes Israel Aid Bill Tied to IRS Cutshttps://www.cpapracticeadvisor.com/2023/11/02/house-passes-israel-aid-bill-tied-to-irs-cuts/97224/ Jeff Bezos: Leaving Seattle and Embracing Miamihttps://www.smallbiztechnology.com/archive/2023/11/jeff-bezos-leaving-seattle-and-embracing-miami.html/ Billionaire Amazon founder Jeff Bezos moves to Florida, where his parents live-and capital gains are not taxed        https://finance.yahoo.com/news/billionaire-amazon-founder-jeff-bezos-125828852.html Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/FutureFirm - https://www.futurefirmaccelerate.com/capClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
11/9/20231 hour, 8 minutes, 24 seconds
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Headlines: Maryland Can't Account For $1.4 Billion of Covid Funds

An independent audit reveals over $1.4 billion in questionable spending and lack of financial oversight at Maryland's Health Department during the COVID pandemic. We break down the audit's alarming findings, and the response from state officials committed to improving financial practices.Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
11/2/20232 minutes, 21 seconds
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Headlines: How a Vegas Hotel Manager Allegedly Stole $773K in Guest Refunds

A former Vegas hotel manager is accused of stealing over $773,000 in guest refunds and using the money to live lavishly. We unpack how he allegedly pulled off the massive refund scam and what could have been done to catch it sooner.Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
11/1/20233 minutes, 35 seconds
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Trump Trial Updates | Are You Coffee Badging? | Proof Americans Move for Lower Taxes

An embezzlement scheme at Aria Hotel costs MGM $770,000, an accounting firm apologizes for paying a staffer below minimum wage, problems with Workday ERP implementations for state and local governments, a spike in accounting enrollment at Purdue University, and tax migration trends between high-tax and low-tax states.SponsorsOnPay - http://accountingpodcast.promo/onpay Zoho - http://accountingpodcast.promo/zoho Keeper - https://cloudaccountingpodcast.promo/keeperChapters (00:59) - Clarence Thomas and a questionable RV loan (07:03) - Trump trial updates (10:35) - Allen Weisselberg accused of perjury by Forbes (12:38) - Earmark presents a "Federal Tax Updates" webinar on the IRS withdrawal process for ERC claims (14:08) - The complicated way the IRS wants you to complete this process (17:32) - Do Millenials use voice assistants to pay bills? (19:33) - We got a new 5-star review! (21:39) - Roblox and forcing remote workers back to the office (24:58) - Checking in on the live chat (26:07) - Data shows people are relocating to states with lower taxes (29:48) - Liberty Tax loses suit against Better Call Saul (32:27) - All your bank feeds are about to break (33:06) - $770,000 embezzlement at the Aria in Vegas (36:18) - Maryland Department of Health lost track of over $1 billion in COVID funds (37:38) - The City of Baltimore blames Worday for AR problem (42:27) - Grant Thornton apologizes for paying trainee below minimum wage (46:31) - Latest AICPA MAP survey shows no gain in starting accountants' salaries (50:51) - Purdue University sees spike in accounting enrollment (55:02) - Seton Hall launches new master's program in accounting and analytics (57:13) - Thanks for listening!  Show NotesClarence Thomas Didn’t Fully Repay $267,230 Loan for Luxury Motor Home, Senate Report Says - WSJhttps://www.wsj.com/politics/policy/clarence-thomas-didnt-fully-repay-267-230-loan-for-luxury-motor-home-senate-report-says-4651d23f?st=3z9ga4dwlcgci2c Accounting firm apologises for paying trainee below minimum wagehttps://www.efinancialcareers.com/news/2023/10/pay-for-trainee-accountants Audit of Maryland Health Department finds $1.4 billion accounting lapse - The Washington Posthttps://www.washingtonpost.com/dc-md-va/2023/10/25/maryland-health-department-audit-accounting-lapse/ Justice Thomas’s R.V. Loan Was Forgiven, Senate Inquiry Finds - The New York Timeshttps://www.nytimes.com/2023/10/25/us/politics/clarence-thomas-rv-loan-senate-inquiry.html?smid=nytcore-ios-share&referringSource=articleShare Michael Cohen Testifies Trump Ordered Him to Inflate Wealth - WSJhttps://www.wsj.com/politics/policy/michael-cohen-testifies-against-trump-in-civil-fraud-trial-f9bb52c1?st=ep1l5nyp84fsot2 Purdue University sees spike in accounting enrollment | Accounting Todayhttps://www.accountingtoday.com/news/purdue-university-sees-spike-in-accounting-enrollment Trump’s Longtime CFO Lied, Under Oath, About Trump Tower Penthousehttps://www.forbes.com/sites/danalexander/2023/10/12/trumps-longtime-cfo-lied-under-oath-about-trump-tower-penthouse/ IRS announces withdrawal process for Employee Retention Credit claimshttps://www.irs.gov/newsroom/irs-announces-withdrawal-process-for-employee-retention-credit-claims-special-initiative-aimed-at-helping-businesses-concerned-about-an-ineligible-claim-amid-aggressive-marketing-scams Donald Trump Watches as Witness Dismantles His Net Worth Calculationshttps://www.newsweek.com/donald-trump-watches-witness-dismantles-his-net-worth-calculations-1835556 How an IRS contractor leaked tax data on Donald Trump, Jeff Bezos and Elon Musk | Accounting Todayhttps://www.accountingtoday.com/articles/how-an-irs-contractor-leaked-tax-data-on-donald-trump-jeff-bezos-and-elon-musk Profits and Pay Lag Behind Revenue Gains at CPA Firms - CPA Trendlineshttps://cpatrendlines.com/2023/10/11/cpa-firm-profits-and-pay-lag-as-revenue-tops-1-million/ 'Better Call Saul' creators beat Liberty Tax's defamation, trademark lawsuit | Reutershttps://www.reuters.com/legal/better-call-saul-creators-beat-liberty-taxs-defamation-trademark-lawsuit-2023-09-25/ Crazy Embezzlement Case At Aria Las Vegas: Hotel Manager Refunds $770,000+ To His Debit Card - LoyaltyLobbyhttps://loyaltylobby.com/2023/09/09/crazy-embezzlement-case-at-aria-las-vegas-hotel-manager-refunds-770000-to-his-debit-card/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/FutureFirm - https://www.futurefirmaccelerate.com/capClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
10/31/202358 minutes, 47 seconds
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Joshua Lance, CPA: A Humble, Thoughtful Leader

Today, we are honoring the life of Joshua Lance, CPA, founder of Lance CPA Group, who passed away in October at the age of 40 after a battle with cancer. To commemorate Josh's life, we are playing a eulogy delivered by Kenji Kuramoto at Josh's memorial service this past weekend. Kenji represented the many voices in the accounting profession that Josh was a part of. Kenji shares stories about Josh's humility, thoughtfulness, and influence. Although Josh never sought the spotlight, he became well-known in the accounting world through his steady leadership and generosity of spirit. Josh's presence will be deeply missed in the accounting community.Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
10/30/20239 minutes, 40 seconds
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Headlines: Questions Surround Justice Thomas' RV Loan

A recent report alleges Supreme Court Justice Clarence Thomas failed to disclose that a $267,000 recreational vehicle loan from a friend was forgiven, raising questions about potential tax issues and scrutiny around the justice's financial practices.Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
10/27/20232 minutes, 33 seconds
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QuickBooks Launches Bill Pay | NetSuite Adds AI | How Financial Fraud Will Fill CPA Pipeline

Blake and David discuss the factors that impact accountant salaries, including location, experience, and industry, and highlight the correlation between accounting salaries and overall economic conditions, noting that periods of economic growth can lead to higher salaries. They also take a look at the partnership between PwC and OpenAI and speculate on the potential impact of AI on accounting consulting and fraud detection. All this and more, right now! SponsorsLiveFlow - http://accountingpodcast.promo/liveflowZoho - http://accountingpodcast.promo/zoho Aero Workflow - http://accountingpodcast.promo/aeroChapters (00:27) - Blake and David are back from SuiteWorld and talk about NetSuite's new AI features (09:31) - Using AI to audit cattle (12:22) - Former Trump CFO, Allen Weisselberg, describes GAAP (14:03) - FTX trial update (17:27) - The "proof of reserves" myth in crypto (20:22) - Are financial statements and audits irrelevant in 2023 (26:45) - QuickBooks is launching bill pay (33:01) - The 150-hour rule is a barrier, not a bar (40:24) - Should CPAs have more specific designations and should bookkeeping require licensure? (43:10) - 3 professors know how to solve the pipeline problem? (46:45) - Some ChatGPT updates (50:44) - PwC partners with OpenAI (55:53) - Xero announces AI with searches (57:38) - Wrap up and where to reach Blake and David  Show NotesBill to compete with Intuit after partnership ends               https://www.paymentsdive.com/news/bill-intuit-partnership-embedded-payments-smb-competition-b2b/691269/ BILL Introduces Integrated Financial Operations Platform for Small Businesseshttps://www.pymnts.com/smbs/2023/bill-introduces-integrated-financial-operations-platform-for-small-businesses/ Intuit Introduces QuickBooks Bill Pay, Expanding Money Platform to Deliver Business-to-Business Payments with AP Automation        https://investors.intuit.com/news/news-details/2023/Intuit-Introduces-QuickBooks-Bill-Pay-Expanding-Money-Platform-to-Deliver-Business-to-Business-Payments-with-AP-Automation/default.aspx Intuit Introduces QuickBooks Bill Pay       https://thepaypers.com/online-mobile-banking/intuit-introduces-quickbooks-bill-pay--1265038 Is FTX the biggest audit disaster ever?     https://www.accountingweb.co.uk/community/blogs/philip-fisher/is-ftx-the-biggest-audit-disaster-ever The mystery of FTX's missing $9B is unraveled     https://www.accountingtoday.com/articles/the-mystery-of-ftxs-missing-9b-is-unraveled-at-sbf-trial Bill Unveils Accountant Console for Accountant Partners https://insightfulaccountant.com/accounting-tech/vendor-news/bill-unveils-accountant-console-for-accountant-partners/ Stick with high standards — and 150 hours           https://www.accountingtoday.com/opinion/stick-with-high-standards-and-the-150-credit-hour-requirements-for-cpas With annual reports in the hundreds of pages, who has time to run a business?   https://www.cityam.com/with-annual-reports-in-the-hundreds-of-pages-who-has-time-to-run-a-business/ PwC partners with ChatGPT creator OpenAI         https://www.accountingtoday.com/articles/pwc-offers-advice-from-bots-in-deal-with-chatgpt-firm-openai Avalara Expands Partnership with Oracle NetSuite to Deliver Integrated E-Invoicing Solutionhttps://www.cpapracticeadvisor.com/2023/10/17/avalara-expands-partnership-with-oracle-netsuite-to-deliver-integrated-e-invoicing-solution/96047/ New York AG accuses crypto firms of deceiving investors in $1 billion fraudhttps://www.cnn.com/2023/10/19/tech/crypto-firms-fraud-charges-new-york/index.html CPA Standoff: Why haven't the other provincial bodies joined the ...          https://www.canadian-accountant.com/content/profession/cpa-standoff-other-provincial-bodies Accounting is facing a labor crisis. Could fraud be part of the solution?     https://phys.org/news/2023-10-accounting-labor-crisis-fraud-solution.html FTX Used Billions in Customer Funds to Buy Back Binance Stake   https://www.coindesk.com/policy/2023/10/19/ftx-used-billions-in-customer-funds-to-buy-back-binance-stake/ Accounting is facing a labor crisis. Could fraud be part of the solution?     https://news.ufl.edu/2023/10/accounting-facing-labor-crisis/ Accountants battle software integration frustration          https://www.accountingweb.co.uk/tech/accounting-software/accountants-battle-software-integration-frustration Oracle NetSuite Embeds Generative AI Throughout the Suite to Help Organizations Boost Productivity       https://www.netsuite.com/portal/company/newsroom/oracle-netsuite-embeds-generative-ai-throughout-the-suite-to-help-organizations-boost-productivity.shtml Cohere Taps NetSuite to Scale Business Processes and Meet Global AI Demand     https://www.netsuite.com/portal/company/newsroom/cohere-taps-netsuite-to-scale-business-processes-and-meet-global-ai-demand.shtml Oracle Acquires Next Technik | NetSuite https://www.netsuite.com/portal/company/newsroom/netsuite-acquires-next-technik.shtml Accounting is facing a labor crisis. Could fraud be part of the solution?     https://news.warrington.ufl.edu/faculty-and-research/accounting-is-facing-a-labor-crisis-could-fraud-be-part-of-the-solution/ Is Audit in Crisis Because of Definitions? - CPA Trendlineshttps://cpatrendlines.com/2023/10/17/alan-anderson-is-audit-in-crisis-because-of-definitions/ The 'proof of reserves' myth in crypto-accountancyhttps://www.accountingtoday.com/opinion/the-proof-of-reserves-myth-in-crypto-accountancy OpenAI gives ChatGPT access to the entire internet | VentureBeathttps://venturebeat.com/ai/openai-gives-chatgpt-access-to-the-entire-internet/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/Royalwise - https://royalwise.com/FutureFirm - https://www.futurefirmaccelerate.com/capClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
10/25/20231 hour, 1 minute, 16 seconds
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Evan Goldberg on NetSuite Turning 25 and Pushing Boundaries with AI

NetSuite founder Evan Goldberg discusses the company's 25th anniversary, new AI features like Text Enhance and Customer 360, and his long-term vision for intelligent assistants integrated with NetSuite.Meet Our Guest, Evan GoldbergLinkedIn: https://www.linkedin.com/in/evan-netsuite/Learn more about NetSuiteWebsite: https://www.netsuite.com/portal/home.shtmlNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
10/19/202319 minutes, 34 seconds
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Becoming Employee-Owned: How BDO Broke Out of the Partner Model

Wayne Berson, CEO of BDO USA, joins Blake and guest host, David Leary, on the Earmark Podcast to discuss BDO's recent transition to an employee stock ownership plan (ESOP), making it the first major accounting firm to implement an ESOP structure. They discuss how the ESOP aims to attract and retain talent in the accounting profession and provide employees at all levels with an ownership stake in the firm.Meet Our Guest, Wayne BersonLinkedIn: https://www.linkedin.com/in/wayneberson/Learn more about BDOWebsite: https://www.bdo.com/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
10/18/202352 minutes, 46 seconds
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Israel War Impact on Fintech | FTX & Trump Trial Updates | Iowa Blames Workday

There’s a lot to digest in this episode! Blake and David discuss Microsoft's $28.9 billion tax bill, and examine a tax-fraud scheme involving art donations. JPMorgan Chase CEO Jamie Dimon predicts that AI advancements will create a shorter workweek in the future. They also look at Xero’s newest features, including improved algorithms for recognizing new contacts and bank reconciliation statements, and talk about Grant Thornton's implementation of Git Assist, an AI tool for accessing internal knowledge resources. All this and so much more, right here, right now! SponsorsZoho - http://accountingpodcast.promo/zohoKeeper - https://cloudaccountingpodcast.promo/keeperSouth Carolina Association of CPAs (SCACPA) - http://accountingpodcast.promo/scacpaChapters (00:35) - The war in Israel and its effect on tech startups (04:36) - Heather Smith sends in an example of an AI language changer she used (06:49) - Arthur Andersen's Chicago house for sale (09:17) - Updates from the FTX, Sam Bankman-Fried trial (15:44) - IRS contractor who leaked tax returns of famous agrees to plea deal (19:03) - Trump trial updates (22:49) - George Santos facing 23 new charges (24:50) - Update on the Canada CPA standoff (26:42) - Nationwide accounting shortage is threatening small towns (27:59) - Number of accounting graduates drop largest percentage in single year since 1985 (31:03) - Workday and the problem with schools rolling out ERP's (38:02) - What pricing lessons accounting firms can learn from ski resorts (42:56) - CFO Brew's survey on remote work (47:27) - IRS says Microsoft owes $28.9 billion in back taxes (51:40) - IRS tax-gap predictions, and scams to watch for in 2022 (54:59) - Jamie Dimon predicts AI will reduce workweeks to 3.5 days (55:56) - Xero announces new AI features (56:49) - Grant Thornton rolls out GT Assist (59:13) - Earn free CPE for listening to this episode and remember to subscribe  Show NotesPool of accounting graduates shrinks, AICPA report findshttps://www.journalofaccountancy.com/news/2023/oct/pool-of-accounting-graduates-shrinks-aicpa-report-finds.html Report: Iowa can pay the bills but lacks transparency in its accountinghttps://blackchronicle.com/midwest/iowa/report-iowa-can-pay-the-bills-but-lacks-transparency-in-its-accounting/ New accounting system causes bill backlog at U of Washingtonhttps://www.insidehighered.com/news/quick-takes/2023/10/12/new-accounting-system-causes-bill-backlog-u-washington Grant Thornton launches internal generative AI tool          https://www.accountancydaily.co/grant-thornton-launches-internal-generative-ai-tool Art of Accounting: Leaving your job to start your own practicehttps://www.accountingtoday.com/opinion/art-of-accounting-leaving-your-job-to-start-your-own-practice Arthur Andersen's Winnetka home for salehttps://www.chicagobusiness.com/residential-real-estate/arthur-andersens-winnetka-home-sale The SBF Trial is Embarrassing For Crypto Industry               https://www.smallbiztechnology.com/archive/2023/10/the-sbf-trial-is-embarrassing-for-crypto-industry.html/ Returning to the office is costing you $51 per day, study finds       https://finance.yahoo.com/news/returning-office-costing-51-per-172630839.html Microsoft May Owe $28.9 Billion in Back Taxes to the IRShttps://gizmodo.com/microsoft-may-owe-28-9-billion-in-back-taxes-to-the-ir-1850921247 IRS Says Tax Gap For 2021 Expected To Be $688 Billion     https://www.forbes.com/sites/kellyphillipserb/2023/10/12/irs-says-tax-gap-for-2021-expected-to-be-688-billion/ How Israel's tech community is responding to the Israel-Hamas war           https://www.cnbc.com/2023/10/13/israels-tech-community-responds-to-israel-hamas-war.html Iowa's annual financial report late again; agencies mum on whyhttps://www.bleedingheartland.com/2022/02/02/iowas-annual-financial-report-late-again-agencies-mum-on-why/ Iowa auditor slams governor, state for delays threatening universitieshttps://www.thegazette.com/higher-education/iowa-auditor-slams-governor-state-for-delays-threatening-universities/ UW’s Financial Accounting System            https://www.washington.edu/opb/uws-financial-accounting-system/ WSU recognized externally for Workday expertise              https://news.wsu.edu/news/2023/07/27/wsu-recognized-externally-for-workday-expertise/ Ohio State drops effort to update student information systemhttps://www.insidehighered.com/news/2022/01/11/ohio-state-drops-effort-update-student-information-system LMU announces Workday Forward; staff reflect on the “abysmal fiasco” of original Workday launchhttps://www.laloyolan.com/news/lmu-announces-workday-forward-staff-reflect-on-the-abysmal-fiasco-of-original-workday-launch/article_13a1bb8f-fae6-5958-abe4-c090a3c80be1.html UT’s switch to Workday came with more than a few hiccups, but they were to be expectedhttps://thedailytexan.com/2019/05/08/uts-switch-to-workday-came-with-more-than-a-few-hiccups-but-they-were-to-be-expected/ Open Letter on Workday Issues  https://www.agsem.ca/post/open-letter-on-workday-issues Workday Implementation Considerations in Higher Educationhttps://www2.deloitte.com/us/en/pages/public-sector/articles/higher-ed-software-workday-implementation.html Workday Sees Continued Momentum in Higher Education, With More than 70% of Workday Higher Education Customers Live  https://www.prnewswire.com/news-releases/workday-sees-continued-momentum-in-higher-education-with-more-than-70-of-workday-higher-education-customers-live-301931288.html The Ohio State University Walks Away from Workday Student      https://www.thetambellinigroup.com/the-ohio-state-university-walks-away-from-workday-student/ Erie Community College to Spend $5.2M Replacing Disastrous ERP Systemhttps://www.govtech.com/education/higher-ed/erie-community-college-to-spend-5-2m-replacing-disastrous-erp-system ISU switch to Workday accounting delayed state financial report  https://www.bleedingheartland.com/2021/02/02/isu-switch-to-workday-accounting-delayed-state-financial-report/ Iowa ends contract with Workday, company chosen without traditional competitive biddinghttps://www.thegazette.com/state-government/iowa-ends-contract-with-workday-company-chosen-without-traditional-competitive-bidding/ Exclusive: Iowa's late reporting jeopardized universities' federal fundshttps://www.bleedingheartland.com/2023/06/27/exclusive-iowas-late-reporting-jeopardized-universities-federal-funds/ If Amazon can’t make Workday work, who can?  https://www.protocol.com/newsletters/protocol-enterprise/workday-amazon-fail CPA Standoff: Accountants question the motives behind national ...           https://www.canadian-accountant.com/content/profession/cpa-standoff-member-consultation Arthur Andersen's House on Zillow           https://www.zillow.com/homedetails/44-Locust-Rd-Winnetka-IL-60093/70453195_zpid/ Tax return thief who took Trump, Griffin data pleads guilty | Accounting Todayhttps://www.accountingtoday.com/articles/tax-return-thief-who-took-trump-griffin-data-pleads-guilty An update on our IRS tax audit - Microsoft On the Issues https://blogs.microsoft.com/on-the-issues/2023/10/11/update-irs-audit/ IRS sees tax gap widen to $688B | Accounting Today         https://www.accountingtoday.com/news/irs-sees-tax-gap-widen-to-688b Melio Life on Instagram https://www.instagram.com/p/CyQHzZiNDFi/ Caroline Ellison Tells Jury She Dreaded Inevitable Collapse of FTX – WSJhttps://www.wsj.com/finance/currencies/caroline-ellison-tells-jury-she-dreaded-inevitable-collapse-of-ftx-62f46947 Arthur Andersen's House Is For Sale - Going Concern        https://www.goingconcern.com/arthur-andersens-house-is-for-sale/ U.S. employees spend $51 daily when they work full-time in office, study sayshttps://www.newsnationnow.com/business/your-money/us-employees-spend-51-daily-when-they-work-full-time-in-office-study-says/amp/ The $300-a-Day Lift Ticket That Every Skier Hates - WSJ   https://www.wsj.com/lifestyle/travel/ski-resorts-lift-passes-epic-ikon-dbff41f7 Banker says Trump’s financial statements were key to loan approvals, but there were 'sanity checks' | AP News     https://apnews.com/article/donald-trump-letitia-james-fraud-new-york-364d1052f98816121000c26dc66f3878 Bankman-Fried dismissed audit risks at FTX, ex-girlfriend testifies | Accounting Todayhttps://www.accountingtoday.com/articles/bankman-fried-dismissed-audit-risks-at-ftx-ex-girlfriend-testifies Israeli Startup Community, at Home and Abroad, Prepares to Fight – WSJhttps://www.wsj.com/articles/israeli-startup-community-at-home-and-abroad-prepares-to-fight-60cea308 Santos Faces New Charges Accusing Him of Lies and Credit Card Fraud - The New York Timeshttps://www.nytimes.com/2023/10/10/nyregion/george-santos-charges.html?smid=nytcore-ios-share&referringSource=articleShare Sam Bankman-Fried's FTX trial witnesses: Who knew what, when | Accounting Todayhttps://www.accountingtoday.com/articles/sam-bankman-frieds-ftx-trial-witnesses-who-knew-what-when Fake mansions and rent-stabilized units emerge in Trump trial | Accounting Todayhttps://www.accountingtoday.com/articles/fake-mansions-and-rent-stabilized-units-emerge-in-trump-trial Sam Bankman-Fried Lieutenant Recounts FTX Crash for Jurors – WSJhttps://www.wsj.com/finance/currencies/sam-bankman-fried-lieutenant-recounts-ftx-crash-for-jurors-3e91a325 Here’s How FTX Executives Secretly Spent $8 Billion in Customer Money – WSJhttps://www.wsj.com/finance/regulation/sbf-trial-ftx-customer-money-missing-6ba13914 Trump Organization Controller Admits to Tax Fraud Over Fear of Losing Jobhttps://www.cpapracticeadvisor.com/2023/10/06/trump-organization-controller-admits-to-tax-fraud-over-fear-of-losing-job/95541/ Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/Royalwise - https://royalwise.com/FutureFirm - https://www.futurefirmaccelerate.com/capClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
10/17/20231 hour, 2 minutes, 24 seconds
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Headlines: Microsoft's Puerto Rico Tax Odyssey

After a decade-long audit, Microsoft is facing a whopping $29 billion tax bill from the IRS for what the agency claims was an "illusory scheme" to channel profits through Puerto Rico—but with years of appeals ahead, will the tech giant ultimately pay the total amount?Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
10/15/20233 minutes, 17 seconds
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Don Jr. Explains GAAP & Why No One's Going Into Accounting

Blake and David dig into the use of AI agents in solving problems, emphasizing the effectiveness of assigning different roles to the agents and having them interact with each other to reach satisfactory results. They also discuss the latest accounting news, including the recent arrest of an IRS contractor, the IRS slashing the PTIN fee, ongoing trials, and cyber-attacks.SponsorsRelay - https://cloudaccountingpodcast.promo/relayKeeper - https://cloudaccountingpodcast.promo/keeperAccountests - https://cloudaccountingpodcast.promo/accountestsChapters (00:47) - Don Jr. explains GAAP (03:26) - Stories we'll cover this week (05:32) - WSJ article on why no one is going into accounting (09:49) - New Illinois CPA Society survey (12:01) - The IRS is watching people who resold Taylor Swift tickets (13:30) - Chick-fil-A is testing out robot servers and what accountants can learn in what customers want & expect in restaurants (17:58) - Zoom adds AI companion features (23:17) - FedNow hits milestone (25:26) - Listener mail (33:34) - QuickBooks offers a $50/month assisted bookkeeping service (39:52) - Listener mail: Should I change majors from accounting? (42:36) - FEMA and WGU are alternative ways to earn 150 credits (45:52) - Microsoft using AI to help AI (50:19) - Former IRS contractor charged with leaking billionaire tax filings (54:22) - Trump blaming his former Mazars accountant in fraud trial (58:55) - CPA Canada vs CPA Quebec and CPA Montreal updates (01:01:12) - MGM cyber attack follow up (01:03:35) - WSJ reports Binance is in trouble (01:07:44) - Wrap up and how to reach us  Show NotesChick-fil-A Reportedly Tests Robot Servers Amid Diner Concerns Around Automationhttps://www.pymnts.com/restaurant-technology/2023/chick-fil-a-tests-robot-servers-amid-diner-concerns-around-automation/ AICPA Endorses Key Legislation Recognizing the Link Between ...  https://www.prnewswire.com/news-releases/aicpa-endorses-key-legislation-recognizing-the-link-between-accounting-and-stem-301941029.html Why No One's Going Into Accounting - WSJ           https://www.wsj.com/lifestyle/careers/accounting-salary-cpa-shortage-dec2caa2 IRS slashes PTIN fees       https://www.accountingtoday.com/news/irs-slashes-ptin-fees New National Research on CPA Pipeline Challenges Underway      https://www.cpapracticeadvisor.com/2023/10/05/new-national-research-on-cpa-pipeline-challenges-underway/95453/ IRS contractor charged in leak of billionaire taxpayer infohttps://www.accountingtoday.com/news/irs-contractor-charged-in-leak-of-billionaire-taxpayer-info-to-news-outlets CPA Standoff: Financial transparency a key issue in national ...      https://www.canadian-accountant.com/content/profession/cpa-standoff-financial-transparency-dispute Anthony's Coal Fired Pizza and Wings removes AI ordering platform           https://www.pizzamarketplace.com/articles/anthonys-coal-fired-pizza-and-wings-removes-ai-ordering-platform/ FedNow Service Surpasses 100 Participants Since July Launch       https://www.pymnts.com/news/faster-payments/2023/fednow-service-surpasses-100-participants-since-july-launch/ 2024 Public Accounting Starting Salary Numbers Are In   https://www.goingconcern.com/2024-public-accounting-starting-salary-numbers-are-in/ Clorox Experiences Significant Financial Loss Stemming From Recent Cyber Attack               https://blog.knowbe4.com/clorox-cyber-attack-financial-loss CPA Pipeline Research Survey      https://intraprise.qualtrics.com/jfe/form/SV_cUSqP1Kalfh58ZE?Source=PRMK 2024 Salary Guide | Robert Half https://www.roberthalf.com/us/en/insights/salary-guide CPA Standoff: Unique regulatory status of CPA Quebec complicates accounting rift              https://www.canadian-accountant.com/content/profession/cpa-standoff-ontario-governance-dispute CPA standoff: Ontario government sticks to sidelines in governance dispute           https://www.canadian-accountant.com/content/profession/cpa-standoff-ontario-governance-dispute Message from Jerilyn Dressler re: accounting profs lacking real world experience  https://mail.google.com/mail/u/0/#inbox/FMfcgzGtxTBWVtqNtvTshjnDnxjTvHJM Trump business fraud trial continues with accountant testimony on 4th day | PBS NewsHour         https://www.pbs.org/newshour/amp/politics/trump-business-fraud-trial-continues-with-accountant-testimony-on-4th-day MGM Resorts Refused to Pay Ransom in Cyberattack on Casinos - WSJ     https://www.wsj.com/tech/cybersecurity/mgm-resorts-refused-to-pay-ransom-in-cyberattack-on-casinos-3a53fa6d?st=36ug7ecd0g4b0jw&reflink=article_copyURL_share Why No One’s Going Into Accounting - WSJ           https://www.wsj.com/lifestyle/careers/accounting-salary-cpa-shortage-dec2caa2?st=oefhxkj9cccegz7&reflink=article_copyURL_share New National Research on CPA Pipeline Challenges Underway - CPA Practice Advisor          https://www.cpapracticeadvisor.com/2023/10/05/new-national-research-on-cpa-pipeline-challenges-underway/95453/ Not having a House Speaker is threatening tax and other key areas | Accounting Today     https://www.accountingtoday.com/articles/not-having-a-house-speaker-is-threatening-tax-and-other-key-areas Zoom AI Companion       https://click.zoom.us/e/84442/ign-aicompanionpaid-zcid-13740/c57lg8/5011214560?h=3QFIwWrjLnzoizu3UjHPldpZxIIke3dKP8BHtKL9QSo WATCH: Clip of Don Jr.'s deposition in NY civil fraud case.                https://x.com/thebeatwithari/status/1708983890600198372?s=12 AutoGen - Microsoft steps into the AI AGENTS arena - YouTube    https://www.youtube.com/watch?v=zdcCD--IieY Binance, the World’s Biggest Crypto Firm, Is Melting Down - WSJ https://www.wsj.com/finance/currencies/the-worlds-biggest-crypto-firm-is-melting-down-338b8e17 LIVE Assisted Bookkeeping for $50/month            https://x.com/love2travel/status/1704553402393403648?s=12 If You Resold Taylor Swift Tickets, the IRS Is Watching       https://gizmodo.com/irs-begins-taxing-concert-ticket-resale-taylor-swift-1850865265 Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts YouTube: https://www.youtube.com/@TheAccountingPodcast Spotify: http://cloudacctpod.link/Spotify Podchaser: http://cloudacctpod.link/podchaser Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast Classifieds Forwardly - https://www.forwardly.com/Royalwise - https://royalwise.com/FutureFirm - https://www.futurefirmaccelerate.com/capClassifiedsWant 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? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
10/11/20231 hour, 11 minutes, 40 seconds
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Headlines: The Top 10 Cities for U.S. Accountants

Looking for the best cities to launch your accounting career? This top 10 countdown will highlight the metro areas with the highest demand, abundant jobs, and the most competitive salaries for accountants. Forbes Advisor compiled this list. See the full list here: https://www.forbes.com/advisor/education/top-cities-for-accountants/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Get in TouchThanks for listening and 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 Apple Podcasts, 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; we'll play it on the show. DIAL (202) 695-1040 Need Accounting Conference Info? Check out our new website - accountingconferences.com Limited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 Accounting Podcast know by running a classified ad? Hit the link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
10/7/20232 minutes, 14 seconds
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Straight Talk on Accounting's Big Issues with Dr. Sharon Lassar

Sharon Lassar, Ph.D., CPA, and Director of the School of Accountancy at the University of Denver, shares concerns and perspectives on CPA licensure, including the resistance to changing the 150-hour requirement, the challenges of online learning and potential cheating, the impact on the value of the CPA designation, and the need for leadership and action from organizations like the AICPA and NASBA to address these issues and improve the profession.Meet Our Guest:Sharon Lassar, Ph.D., CPALinkedIn: https://www.linkedin.com/in/sharon-lassar/Website: https://daniels.du.edu/directory/sharon-lassar/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
10/5/202345 minutes, 48 seconds
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How Trump Defrauded Banks & Top Cities To Be An Accountant

Blake and David cover a plethora of topics including positive customer experiences, legal rulings, top cities for accountants, and the pressure on Intuit from major banks. They also dig into the discovery of a large sum of cash at a senator's home, how Trump defrauded the banks, another potential government shutdown, and the accounting talent crisis. All this, and more, right here, right now!SponsorsOnPay - https://cloudaccountingpodcast.promo/OnPayRelay - https://cloudaccountingpodcast.promo/relayOhMyFraud - https://ohmyfraud.comChapters (00:58) - Blake shares a good customer experience at a parking garage (04:33) - CPACharge adds invoice payment directly through app (07:17) - Donald Trump defrauded banks and insurers (13:51) - Intuit pressured by credit card companies and banks to not support gun stores (19:23) - Throwback to Burger King first accepting credit card payments (23:23) - Top cities to be an accountant (28:33) - Bob Menendez and how much cash an average person should keep at home (34:44) - Government shutdown update and predictions (38:49) - Kelly Richmond Pope on the accountant talent crisis (46:47) - The IRS revolving door (51:17) - PCAOB announces new audit rule (54:44) - What accountants can learn from Smucker's hybrid work model (57:54) - Amazon invests $4 billion in Anthropic's Claude (59:49) - The Pentagon is using AI to navigate its own bloated policies (01:01:49) - Deloitte CEO says he doesn't deserve his pay (01:03:48) - We need more practical application in accounting classes (01:06:59) - Wrap up and where to reach us Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesNow the Profession Is Losing Experienced Accountants Toohttps://www.goingconcern.com/accountants-leaving-the-profession/ Nearly 1,000 millionaires haven't filed tax returnshttps://www.accountingtoday.com/news/nearly-1-000-millionaires-havent-filed-tax-returns Jayapal, Warren Call on IRS to Address Revolving Door Between ...https://jayapal.house.gov/2023/09/28/jayapal-warren-call-on-irs-to-address-revolving-door-between-irs-and-giant-accounting-firms-after-troubling-inspector-general-findings/ What CPAs can learn from Smucker's       https://www.accountingtoday.com/opinion/smuckers-sweet-recipe-for-rto-a-blend-of-flexibility-and-focus The top cities in the U.S. to be an accountant       https://www.accountingtoday.com/list/the-top-cities-in-the-u-s-to-be-an-accountant Intuit Reverses Ban On Gun-Related Businesses   https://www.zerohedge.com/political/intuit-reverses-ban-gun-related-businesses JPMorgan Chase Caught Trying to Block Gun Purchases   https://catholicvote.org/jpmorgan-caught-trying-block-gun-purchases/ CPACharge Announces Automated Invoicing, Streamlining Customer Billing Cycle For Accounting Professionals      https://finance.yahoo.com/news/cpacharge-announces-automated-invoicing-streamlining-150000639.html As Government Shutdown Appears More Likely, Treasury Releases IRS Contingency Planhttps://www.forbes.com/sites/kellyphillipserb/2023/09/28/as-government-shutdown-appears-more-likely-treasury-releases-irs-contingency-plan/ The last government shutdown was the longest in more than 40 yearshttps://www.cnn.com/2023/09/29/politics/last-federal-government-shutdown-longest-dg/index.html Audit Firms Face Stiffer Mandate to Verify Client Details Under New Rulehttps://www.wsj.com/articles/audit-firms-face-stiffer-mandate-to-verify-client-details-under-new-rule-679e30cd The top cities in the U.S. to be an accountant | Accounting Todayhttps://www.accountingtoday.com/list/the-top-cities-in-the-u-s-to-be-an-accountant The Right Amount of Cash to Keep at Home for Emergencies. Hint: Not $480,000. – WSJhttps://www.wsj.com/personal-finance/emergency-fund-cash-on-hand-b04136d1 Judge rules Donald Trump defrauded banks and insurers while building real estate empire | AP News        https://apnews.com/article/donald-trump-letitia-james-fraud-lawsuit-1569245a9284427117b8d3ba5da74249 Pentagon’s Budget Is So Bloated That It Needs an AI Program to Navigate It            https://theintercept.com/2023/09/20/pentagon-ai-budget-gamechanger/ Amazon bets $4 billion on Anthropic’s Claude, the chatbot platform rivaling ChatGPT and Google's Bard | VentureBeat                https://venturebeat.com/ai/amazon-bets-4-billion-on-anthropics-claude-the-chatbot-that-rivals-chatgpt-and-googles-bard/ Deloitte CEO Says He Doesn't Deserve His Pay - Going Concern     https://www.goingconcern.com/monday-morning-accounting-news-brief-deloitte-ceo-says-he-doesnt-deserve-his-pay-the-accountant-shuffle-7-17-23/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast Classifieds Forwardly - https://www.forwardly.com/Royalwise - https://royalwise.com/FutureFirm - https://www.futurefirmaccelerate.com/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
10/3/20231 hour, 10 minutes, 25 seconds
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What’s New at Xero in the United States

Ben Richmond, Xero's Country Manager for the United States, joins us to discuss new Xero product features like improved inventory management and AI integration, plans for the upcoming XeroCon 2024 conference, the future of the accounting profession, and Xero's sponsorship of the FIFA Women's World Cup. Ben provides an insider's look into Xero's roadmap and vision for transforming accounting with technology. (00:00) - Intro and XeroCon Conference Plans (02:15) - New Xero Product Features (07:15) - AI in Accounting Software (14:30) - Rebranding the Accounting Profession (21:45) - Advice for Accounting Firms (25:30) - Activating Brand Sponsorships (30:15) - Xero's Small Business Fund (37:00) - Diversity and Inclusion in Accounting Meet Our Guest, Ben RichmondLinkedIn: https://www.linkedin.com/in/ben-richmond-ca-b8794220/Twitter: https://twitter.com/BenRichmond1Learn more about Xerohttps://www.xero.com/us/Show Notes: Xero Beautiful Business Fund (applications close Oct. 6)AI guideXero's 2023 Money Matters Report Future Focus: Xero’s AI Guide for Accountants and Bookkeepers Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
9/30/202341 minutes, 38 seconds
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The ERC Moratorium: What Accountants and Tax Pros Need to Know

The recent moratorium on Employee Retention Credit (ERC) claims has big implications for accounting and tax professionals. In this episode, we break down what the ERC moratorium means and the key things you need to know as an accountant or tax preparer. We discuss how it will impact tax preparation and the diligence required to avoid invalid/fraudulent ERC claims, the bookkeeping and accounting changes to accommodate the moratorium, and the effects on audits. Tune in to understand what the ERC moratorium means for you and your work. Meet Our Guest:Reynaldo E. Arellano, CPA PFS CGMALinkedIn: https://www.linkedin.com/in/reynaldoarellano/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
9/28/202326 minutes, 23 seconds
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Could AI replace CEOs of CPA firms?

Blake and David discuss the potential for AI to replace CEOs of CPA firms. They also dive into the increasing trend of remote work in accounting firms, contrasting the reservations expressed by some CEOs with the benefits of remote work for employees and the environment. Then, on to cryptocurrency scams and criticisms of the 150-hour rule for becoming a CPA, with listener emails sharing personal experiences and concerns about the rule.Sponsors LiveFlow - http://accountingpodcast.promo/liveflowRelay - https://cloudaccountingpodcast.promo/relay FreshBooks - http://accountingpodcast.promo/freshbooksChapters (00:34) - Blake is back from San Diego (03:18) - Accountant rejects partnership offer to open daycare franchise (04:57) - ChatGPT makes a YouTube video (09:58) - IRS walks back promise to stay open during government shutdown (14:19) - AICPA says IRS source thinks 95% of new ERC claims are ineligible (15:44) - AICPA Town Hall spends 4x on M&A vs pipeline issues (20:53) - IRS posts 3,700 new jobs (22:28) - Check out the Unofficial QuickBooks Accountants Podcast (23:47) - Will AI replace managing partners? (27:13) - The real reason Jamie Dimon is so against remote work (33:07) - Deloitte study demonstrates the benefits of remote work for employees (37:56) - Study reveals remote workers cut greenhouse gas emissions by 54% (39:53) - Mark Cuban lost $870k in a crypto scam (43:12) - Tether is once again lending out their stablecoins - reversing earlier promise not to (48:19) - The wild courses CPAs take to get their 150 hours (51:23) - The accounting backgrounds of Republican presidential candidates (53:57) - The IRS plans to use AI to audit large partnerships (59:01) - Paulita is inspired by the podcast to get back into accounting (01:02:57) - Final listener email and wrap-up Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesPeople who work from home all the time ‘cut emissions by 54%’ against those in office | Greenhouse gas emissions                https://www.theguardian.com/environment/2023/sep/18/people-who-work-from-home-all-the-time-cut-emissions-by-54-against-those-in-office IRS to hire 3,700 agents to pursue wealthy tax dodgers    https://www.accountingtoday.com/articles/irs-seeks-to-hire-3-700-agents-to-pursue-wealthy-tax-dodgers California Companies Defer Billions in Taxes, Interest-Free, as Borrowing Costs Rise             https://www.wsj.com/articles/california-companies-defer-billions-in-taxes-interest-free-as-borrowing-costs-rise-8aea409f Experienced Accountants Sought by IRS for New Large Corp ...     https://tax.thomsonreuters.com/news/experienced-accountants-sought-by-irs-for-new-large-corp-partnership-auditor-positions/ US government shutdown: What is it and who would be affected?              https://www.reuters.com/world/us/us-government-shutdown-what-closes-what-stays-open-2023-09-21/ IRS to remain ‘fully operational’ if Congress triggers government shutdown            https://federalnewsnetwork.com/government-shutdown/2023/09/irs-to-remain-fully-operational-if-congress-triggers-government-shutdown/ IRS to ‘partially close’ if government shutdown happens, reversing earlier plans, union says            https://federalnewsnetwork.com/government-shutdown/2023/09/irs-to-partially-close-if-government-shutdown-happens-reversing-earlier-plans-union-says/ IRS Activities Following the Shutdown     https://www.irs.gov/newsroom/irs-activities-following-the-shutdown America's tax collectors may escape a possible government shutdown     https://finance.yahoo.com/news/americas-tax-collectors-may-escape-a-possible-government-shutdown-111211477.html Representative Introduced Bill Halting Legislator Pay During Shutdownhttps://www.businessinsider.com/bill-for-halting-legislator-pay-mccarthy-shutdown-act-2023-9 JPMorgan's Jamie Dimon delivers a stern warning to remote workers - TheStreet https://www.thestreet.com/personal-finance/jpmorgans-jamie-dimon-delivers-a-stern-warning-to-remote-workersGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsFinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/Royalwise - https://royalwise.com/FutureFirm - https://www.futurefirmaccelerate.com/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
9/27/20231 hour, 10 minutes, 11 seconds
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Headlines: Job Security Isn’t Enough to Keep Many Accountants From Quitting

Accounting has long been viewed as a stable career, but in recent years, droves of accountants have been leaving the profession. Blake Oliver dives into a recent Wall Street Journal article highlighting the factors driving experienced accountants away, from burnout and boredom to the threat of automation.Show NotesJob Security Isn’t Enough to Keep Many Accountants From Quittinghttps://www.wsj.com/articles/accounting-quit-job-security-675fc28f Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Get in TouchThanks for listening and 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 Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast  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 Accounting Podcast listeners know by running a classified ad? Hit the link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
9/25/20233 minutes, 33 seconds
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Headlines: IRS Walks Back Promise to Stay Open During Shutdown

The government shutdown threat looms as Congress scrambles to pass funding bills. The IRS previously said it could stay open during a shutdown by relying on Inflation Reduction Act funds. But now the agency says those funds can't sustain operations. According to its union, the IRS is preparing for furloughs and partial closures if a shutdown hits. This reversal surprised IRS employees and could spell delays for taxpayers and CPAs.Show NotesIRS plans possible furloughs in case of shutdownhttps://www.accountingtoday.com/news/irs-plans-possible-furloughs-in-case-of-a-government-shutdownIRS to ‘partially close’ if government shutdown happens, reversing earlier plans, union sayshttps://federalnewsnetwork.com/government-shutdown/2023/09/irs-to-partially-close-if-government-shutdown-happens-reversing-earlier-plans-union-says/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe.comGet in TouchThanks for listening and 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 Cloud Accounting Podcast listeners know by running a classified ad? Hit the link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
9/23/20231 minute, 15 seconds
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The ERC Jumps The Shark with Snoop Dogg Deepfake

Buckle up for a wild ride covering everything from brazen ERC scams to cutting-edge AI. Join Blake and David as they expose the rampant fraud sucking billions from the federal coffers. You'll hear an unbelievable voicemail scam promising gangbusters refunds—could it really be Snoop Dogg or is your mind playing tricks?Fast forward to the bleeding edge of technology with jaw-dropping examples of AI voice and face swapping. Think real-time translation opening global markets. But not so fast—can emerging tech replace human accountants offshore? We tackle the automation debate head-on.Strap on your justice caps as the crew champions entrepreneurial accountants breaking free from the shackles of the timesheet. But will AI be the death knell of the billable hour? Tune in to find out!Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Forwardly - https://cloudaccountingpodcast.promo/forwardly Aero Workflow - http://accountingpodcast.promo/aeroChapters (00:45) - David got a voicemail from Snoop Dogg! (08:01) - Mark Cuban and Warren Buffett talk about why accounting is important (12:09) - Couple gets married in the accounting classroom where they met (14:10) - Purdue accounting professors invite accounting students and alumni to tailgate together at football games (15:10) - AICPA drops the ball on member survey (18:30) - Vegas gets hit by cyber attacks (22:49) - Square outage causes problems for small businesses (24:51) - The Doberman dog breed is named after a German tax collector (25:52) - JP Morgan partners with Gusto to offer online payroll (27:55) - American Express & Walmart expand small business offerings (31:06) - AI real-time language translation for video and audio is not far away (38:20) - The future of voice assists and integration with LLM's (43:17) - 29-year-old accountant quits firm to open her own (48:53) - Offshoring vs. automation (54:45) - Blake's new lawyer charges by the hour...sometimes (56:58) - Thanks for listening and how to earn free CPE Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesJPMorgan to offer online payroll services                https://www-cnbc-com.cdn.ampproject.org/c/s/www.cnbc.com/amp/2023/09/14/jpmorgan-to-offer-online-payroll-services.html I.R.S. Freezes Pandemic-Era Tax Credit Amid Fraud Fears  https://www.nytimes.com/2023/09/14/us/politics/irs-pandemic-employee-credit-fraud.html The Cyberattack That Sent Las Vegas Back in Time              https://www.wsj.com/lifestyle/travel/las-vegas-mgm-cyberattack-casinos-6ca43dcf Caesars Paid Ransom After Suffering Cyberattack – WSJhttps://www.wsj.com/business/hospitality/caesars-paid-ransom-after-suffering-cyberattack-7792c7f0 Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm nowhttps://finance.yahoo.com/news/meet-29-old-accountant-whose-110000532.html Mark Cuban on Accounting via Hector Garciahttps://youtube.com/watch?v=VT_SCYbkmd8&si=3fLUqsQbqIlCzkgAGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsFinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/Royalwise - https://royalwise.com/FutureFirm - https://www.futurefirmaccelerate.com/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
9/21/20231 hour, 2 minutes, 28 seconds
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Headlines: IRS Freezes ERC

The IRS has announced an immediate moratorium on new Employee Retention Tax Credit claims through the end of the year amidst a surge of questionable submissions. Tune in for details on the ERC crackdown, including new criminal probes, longer processing times, and options for withdrawing improper claims.Show NotesEmployee Retention Credit Eligibility Checklist: Help understanding this complex credithttps://www.irs.gov/newsroom/employee-retention-credit-eligibility-checklist-help-understanding-this-complex-creditRed flags for Employee Retention Credit claims; IRS reminds businesses to watch out for warning signs of aggressive promotion that can mislead people into making improper ERC claimshttps://www.irs.gov/newsroom/red-flags-for-employee-retention-credit-claims-irs-reminds-businesses-to-watch-out-for-warning-signs-of-aggressive-promotion-that-can-mislead-people-into-making-improper-erc-claimsNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet in TouchThanks for listening and 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 Cloud Accounting Podcast listeners know by running a classified ad? Hit the link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
9/17/20232 minutes, 43 seconds
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How Smart Is Intuit's New AI "Intuit Assist" (with Jack Castonguay)

This week we dive into the pipeline shortage and the need for more accounting candidates, and discuss Intuit's groundbreaking use of AI in TurboTax and its potential impact on accounting professionals. Guest Jack Castonguay sheds light on FASB's recent announcement on accounting standards for digital assets and how it affects companies holding crypto assets. We also explore positive aspects of the accounting profession and address the need for critical changes like higher salaries and re-evaluating the audit process.SponsorsLiveFlow - http://accountingpodcast.promo/liveflowFreshBooks - http://accountingpodcast.promo/freshbooks South Carolina Association of CPAs (SCACPA) - http://accountingpodcast.promo/SCACPAChapters (00:47) - Welcome Jack Castonguay to the show (02:00) - Jack is quoted: "Shrinking CPA Pipeline Fuels Calls to Relay Education Mandate" (04:18) - Intuit introduces 'Intuit Assist' an AI chatbot for tax (13:20) - The new AI in QuickBooks is ... less impressive (15:21) - 6 in 10 Americans live paycheck to paycheck (15:51) - FASB announcement on accounting standards for digital assets (18:12) - Listener voicemail: Accounting teaches you to be a BS detector (22:09) - Listener voicemail: Does the accounting profession cover too much? (30:40) - Why more people should become accountants (33:23) - The problem with ELE programs to reach 150 (38:27) - ADP study shows why and when people change jobs (41:10) - How can starting salaries increase in accounting? (46:33) - Why accounting students should double major (53:01) - Checking back in on the live chat with questions (58:48) - We get a one-star review! Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesIntuit reveals new A.I. assistant after major investment   https://fortune.com/2023/09/06/intuit-ai-virtual-assistant-major-investment-ceo-sasan-goodarzi/ Intuit Assist - Your AI Accounting Assistant            https://quickbooks.intuit.com/ai-accounting/ Intuit Mailchimp Launches New Global Campaign to Help Marketers Untangle Their Clustomer Problemhttps://investors.intuit.com/news/news-details/2023/Intuit-Mailchimp-Launches-New-Global-Campaign-to-Help-Marketers-Untangle-Their-Clustomer-Problem/default.aspx Introducing Intuit Assist: The Generative AI-Powered Financial Assistant for Small Businesses and Consumers         https://investors.intuit.com/news/news-details/2023/Introducing-Intuit-Assist-The-Generative-AI-Powered-Financial-Assistant-for-Small-Businesses-and-Consumers/default.aspx Promoting an employee may lead them to leave https://www.accountingtoday.com/news/adp-examines-impact-of-promotions-on-employee-motivation-and-retention Transformative Tax Preparation: Gen-AI Powered Intuit Apollohttps://blog.turbotax.intuit.com/breaking-news/tax-preparation-powered-by-gen-ai-59318/ Intuit Assist Poised To Boost Competitive Moat, Gets A Price Target Boost From Analystshttps://www.benzinga.com/analyst-ratings/analyst-color/23/09/34327992/intuit-assist-poised-to-boost-competitive-moat-gets-a-price-target-boost-from-analy Intuit cut hundreds of jobs and spent at least $20 billion in a massive bet on AI. Today the company is revealing its new virtual assistant https://finance.yahoo.com/news/intuit-cut-hundreds-jobs-spent-120000980.html Google to charge big businesses $30 per user per month for AI in Gmail and work appshttps://www.cnbc.com/2023/08/29/google-will-charge-enterprises-30-a-month-for-duet-ai-in-workspace.html Meet our guest, Jack CastonguayWebsite: https://scholar.google.com/citations?user=Pg5p99EAAAAJ&hl=en&oi=sraLinkedIn: https://www.linkedin.com/in/jack-castonguay-phd-cpa/Twitter: https://twitter.com/profjackc?lang=enInstagram: https://www.instagram.com/profjackscout/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsFinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/Royalwise - https://royalwise.com/FutureFirm - https://www.futurefirmaccelerate.com/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
9/13/20231 hour, 4 minutes, 27 seconds
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Audits Under Fire: Ex-Big Four Partner Responds to Criticisms

Join us for an in-depth conversation with Jerry Maginnis, a retired Big Four audit partner, about the value and criticisms of financial statement audits.Jerry draws on his decades of experience auditing public companies to respond to issues around audit quality, staff work conditions, complexity in accounting standards, and whether audits truly protect investors. He provides perspective on PCAOB inspections, the pass/fail system, and deficient audits.Blake and David ask tough questions about audit fees increasing while staff salaries stagnate, whether accounting and auditing standards should be simplified, and whether audits provide usefulness to average investors.Jerry argues audits still provide an invaluable service in capital markets despite imperfections but also sees opportunities for improvement through leveraging technology. He gives advice on maintaining a value-creation mindset and shares his motivation behind writing a book for young accountants.Meet Our Guest:Jerry MaginnisLinkedIn: https://www.linkedin.com/in/jerry-maginnis-18a47813/Read Jerry's book, Advice for a Successful Career in the Accounting Profession: How to Make Your Assets Greatly Exceed Your Liabilities: https://a.co/d/6SWvDwm Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
9/7/20231 hour, 1 minute, 57 seconds
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Improving The Image of Accounting

We’ve got an AI-packed episode this week! Ryan Lazanis demonstrates how AI and voice cloning technology can be utilized to streamline the analysis of financial statements. Blake and David examine various applications of AI in accounting, including tools for extracting key information from emails and documents, an AI-powered tax analysis tool, and the potential for AI to enhance advisory services. They also dig into some issues related to spam and scams in QuickBooks support, emphasizing the need for more granular requirements for accounting services and specialized education in areas like tax and much much more!SponsorsLiveflow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho Forwardly - http://accountingpodcast.promo/forwardlyChapters (00:00) - TAP 348 (00:21) - Preview: Why we need more CPAs (01:04) - David finally gets with the TSA Pre program (02:39) - Using ChatGPT to write a Medicare appeal letter (04:00) - Chad took Beginning Walk/Jog to finish out his 150 hours (09:22) - Reflecting on the Unique CPA Bridging The Gap 2023 Conference (12:17) - Blake renewed his CPA license with 3 minutes to spare! (18:08) - Professor pumps accounting on Wheel of Fortune (23:33) - Accounting can make for a flexible lifestyle (24:26) - ABC News investigates the Big Four in Australia (33:40) - Is there a revolving door between Intuit employees and the IRS? (38:13) - Using AI to automate a P&L walkthrough video (48:00) - Doing tax research with AI (51:45) - Annoucing the "Unofficial QuickBooks Accountants Podcast" (53:19) - QuickBooks support scammer caught and punished (56:39) - Sean asks: "Is it a CPA shortage, or a resource allocation problem?" (01:02:05) - The CPAs education requirement for taxes is too low (01:06:03) - Wrap up and remember to subscribe so you don't miss an episode Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes“Tax prep giants are terrified. Their lobbyists are working overtime to try to keep the federal government from finally providing an easy, free way to file taxes. But we’re at a historic moment where we can get this done—so let’s keep pushing.” Elizabeth Warren (@ewarren) August 17, 2023https://twitter.com/ewarren/status/1692232917806698820 Democrats are increasingly optimistic about the IRS' plan to offer free tax prep software and break TurboTax and H&R Block's strangleholdhttps://www.businessinsider.com/democrats-optimistic-about-irs-plans-to-offer-free-tax-filing-services-2023-8      Democrats accuse tax prep firms of undermining new IRS effort on electronic free file tax returns https://apnews.com/article/irs-free-file-tax-returns-391ded1dbd73444bada5e946e962d70c Danielle Booker, Ph.D., CPA on LinkedIn: #accountants #accounting #cpa #patsajak #vannawhite #wheeloffortune…                https://www.linkedin.com/posts/danielle-booker-ph-d-cpa-05142238_accountants-accounting-cpa-activity-7097604071477362688--U2u ‘The World’s Fastest Accountant’ Is Running Away From the ‘Boring Stiff Squares’ Stereotypehttps://www.goingconcern.com/the-worlds-fastest-accountant-is-running-away-from-the-boring-stiff-squares-stereotype/ The 'revolving door' between accounting and the IRShttps://www.accountingtoday.com/news/hundreds-of-irs-employees-worked-for-accounting-firms IRS agents are getting paid by private accounting firms: watchdoghttps://thehill.com/business/4176786-irs-agents-are-getting-paid-by-private-accounting-firms-watchdog/ No Cubicles Here! The Shockingly Sun-Kissed Life of Digital Nomad Accountantshttps://hbculifestyle.com/digital-nomad-accountants/ MACPA Chair Christine Aspell looks to combat accounting ...https://www.bizjournals.com/bizwomen/news/profiles-strategies/2023/08/accounting-misconceptions.html?page=all Passaic County Man Charged in $13 Million Technology Support ...             https://www.justice.gov/usao-nj/pr/passaic-county-man-charged-13-million-technology-support-scam-targeting-over-seven Hundreds of IRS employees worked for accounting firmshttps://www.accountingtoday.com/news/hundreds-of-irs-employees-worked-for-accounting-firms I took "Intro to Philosophy" to finish out my 150 credits. I thought that was ridiculous. But this guy has me beat!   https://www.linkedin.com/posts/blaketoliver_cpa-activity-7103070376422735872-JZkC 'The World's Fastest Accountant' Is Running Away From the 'Boring Stiff Squares' Stereotypehttps://www.goingconcern.com/the-worlds-fastest-accountant-is-running-away-from-the-boring-stiff-squares-stereotype/ Jennifer Wilson on LinkedIn: Love this. Accounting is a cool, tech-forward, difference-making…https://www.linkedin.com/posts/jenniferwilsonprofile_accountants-accounting-cpa-activity-7098413369098919936-vRqf Tax Genii 1 4 Demohttps://www.youtube.com/watch?v=x-SXc1V58gQ How a sleeper issue inside the big four accounting giants could topple the economyhttps://www.abc.net.au/news/2023-08-14/australia-big-four-audit-decline-quality-fear-corporate-collapse/102718744Get 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsFinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/Royalwise - https://royalwise.com/FutureFirm - https://www.futurefirmaccelerate.com/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
9/6/20231 hour, 11 minutes, 3 seconds
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Accounting Teacher Tells Students Accountants Hate Their Lives

Blake and David discuss issues relating to the accounting profession's talent pipeline, including a high school student's negative experience in her first accounting class and efforts by state CPA societies to reduce licensing barriers. They move on to tech topics, like the slow adoption of AI tools such as ChatGPT among accountants and new product features announced by Intuit and Xero. Wrapping things up, they share listener feedback on finding resources to learn new accounting software and workflows and provide commentary on app subscription price increases and the need for accountants to price their services properly.Sponsors OnPay - https://cloudaccountingpodcast.promo/onpay CCH Access - https://cloudaccountingpodcast.promo/axcess Keeper - https://cloudaccountingpodcast.promo/keeperChapters (00:00) - Preview: Accountants need to charge more (01:02) - Welcome to The Accounting Podcast : Blake talks to high school senior in an accounting class (10:41) - The South Carolina Accociation of CPAs introduces new changes to 150 rule (20:02) - Air traffic controllers are understaffed and narrowly avoiding disaster (23:51) - The number of EA's in The NAEA is down 23% over the last 5 years (26:10) - Comparing air traffic controller shortage to accounting shortage (31:26) - Attestation reports are not audits (34:09) - Listener mail from a bookkeeper asking for recommendations on how to learn QuickBooks better (40:36) - What should firms do when accounting software raise their prices? (46:26) - LegalZoom launches LegalZoom Books (49:02) - How many Ohio CPAs have tried ChatGPT at all? (51:57) - Intuit released their year end earnings (55:07) - Some new Xero AI news & Xerocon is back in the US for 2024 (59:15) - Relay ups FDIC insurance to $2.5 million and Stripe offers sales tax calculations (01:01:25) - Wrap up and where to reach us Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesProduct wrap from Xerocon Sydney 2023 | Xero Blog        https://www.xero.com/blog/2023/08/product-wrap-from-xerocon-sydney-2023/ 150 Hours is a Barrier – Really! - Going Concern  https://www.goingconcern.com/150-hours-is-a-barrier-really/ Jacob Schroeder: 86% of OSCPA Town Hall attendees have not used ChatGPT at allhttps://x.com/jacobbschroeder/status/1694748226904060157?s=12 SCACPA Proposing Legislation to Address Pipeline Challenges – SCACPAhttps://www.scacpa.org/scacpa-proposing-legislation-to-address-pipeline-challenges/ Airline Close Calls Happen Far More Often Than Previously Knownhttps://www.nytimes.com/interactive/2023/08/21/business/airline-safety-close-calls.html Please join the Arizona State Society of Enrolled Agents “Town Hall”          https://aztaxpros.org/images/meeting/082323/Town_Hall/azsea_invite_to_town_hall_on_aug_23__2023.pdf Question from a bookkeeperhttps://www.linkedin.com/feed/update/urn:li:activity:7094151084134338560/Upcoming changes to QuickBooks Desktop pricing + FAQshttps://www.firmofthefuture.com/product-update/quickbooks-desktop-pricing-changes/ Dext pricing change from today https://www.accountingweb.co.uk/any-answers/dext-pricing-change-from-today Introducing Ramp Plus   https://ramp.com/blog/introducing-ramp-plus Fintech Ramp is Raising Capital at $5.5 Billion Valuation, Down 30%           https://www.theinformation.com/articles/fintech-ramp-is-raising-capital-at-5-5-billion-valuation-down-30 Accountants face up to the cost of cloud app stacks          https://www.accountingweb.co.uk/tech/tech-pulse/accountants-face-up-to-the-cost-of-cloud-app-stacks Stripe Unveils “Tax for Platforms” to Streamline Tax Compliance for Small Businesses         https://smallbiztrends.com/2023/08/stripe-unveils-tax-for-platforms-to-streamline-tax-compliance-for-small-businesses.html Intuit (INTU) Q4 2023 Earnings Call Transcript      https://www.fool.com/earnings/call-transcripts/2023/08/24/intuit-intu-q4-2023-earnings-call-transcript/ Why Students Opt for Accounting (or Don’t)         https://cpatrendlines.com/2023/08/20/why-students-opt-for-accounting-or-dont/ CPA Exam Changes and Pipeline Woes Are a Perfect Storm of Problems For the Profession               https://www.goingconcern.com/cpa-exam-changes-and-pipeline-woes-are-a-perfect-storm-of-problems-for-the-profession/ Stop calling them auditshttps://blockworks.co/news/blockchain-audits-ey FTX Bankruptcy Burning Through $1.5M in Legal Costs Every Dayhttps://www.coindesk.com/policy/2023/08/23/ftx-bankruptcy-burning-through-15m-in-legal-costs-every-day/ 150 Hours is a Barrier - Really!    https://www.goingconcern.com/150-hours-is-a-barrier-really/ SCACPA Proposing Legislation to Address Pipeline Challenges – SCACPAhttps://www.scacpa.org/scacpa-proposing-legislation-to-address-pipeline-challenges/ Xerocon Returns to the US           https://www.intuitiveaccountant.com/education-hub/training-center/xerocon-returns-to-the-us/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsFinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/Royalwise - https://royalwise.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
8/30/20231 hour, 6 minutes, 8 seconds
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Mythbusting Substantial Equivalency and Mobility for CPAs with SCACPA

The requirements to become a licensed CPA differ across states, yet CPAs maintain mobility to practice in multiple jurisdictions. How does this work? David Knoble, Chair of the South Carolina Association of CPAs (SCACPA), joins the show to bust myths around substantial equivalency and mobility rules for CPAs and discuss the SCACPA's proposed changes to licensure requirements in the state to encourage more accountants to become CPAs.Knoble clarifies how states have flexibility in setting licensing requirements under existing standards while still enabling cross-border practice privileges. With an in-depth look at the Uniform Accountancy Act, including real examples of alternative pathways, we shed light on this complex topic to provide an accurate understanding of what substantial equivalency and mobility mean for you as an accounting professional. Tune in as we separate fact from fiction around these critical concepts impacting the CPA profession.Meet Our Guest, David KnobleLinkedIn: https://www.linkedin.com/in/davidmknoble/Twitter: https://twitter.com/knoblecpaLearn more about Knoble Ingle CPAshttps://www.knobleingle.com/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
8/25/202345 minutes, 32 seconds
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The Future of UX Is... Spreadsheets! & QuickBooks Leader Is New CEO of PayPal

In this episode, Blake and David talk app integration frustrations, Gusto's new payroll feature, increased fees for tax professionals, a tragic accident involving an IRS agent, low job fulfillment among accountants, and an employee stock ownership plan at BDO. They also dive into Amazon's new product review feature and the appointment of a former Intuit executive as the new CEO of PayPal. Rounding things out, they speculate on Alex Chriss' move to PayPal and the potential benefits for accountants and bookkeepers.SponsorsLiveFlow - http://accountingpodcast.promo/liveflowAero Workflow - http://accountingpodcast.promo/aeroKeeper - https://cloudaccountingpodcast.promo/keeperChapters (00:04) - Preview: BDO's new equity model (00:55) - Welcome to The Accounting Podcast (02:35) - Every app for accountants should have a spreadsheet view (05:59) - We have reached peak user interface: How AI will simplify app design (07:22) - Why Bob from accounting could soon be a bot (12:30) - NATP study shows tax pros raised prices by over 20% in 2023 (20:57) - IRS agent accidentally killed by fellow agent at gun range (24:12) - Sam Bankman Fried sent to jail (25:19) - 60% of accountants rate their job fulfillment at C or lower (27:20) - BDO USA borrows $1.3 billion to create an employee stock ownership plan (32:05) - How to solve the accounting talent crisis (35:50) - Amazon using AI to summarize customer reviews (37:25) - PayPal's names new CEO: How Intuit, PayPal, and X are all connected (47:24) - Wrap up, where to reach us, and checking in on the live chat Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesPayPal Names Alex Chriss as Next President and CEO        https://newsroom.paypal-corp.com/2023-08-14-PayPal-Names-Alex-Chriss-as-Next-President-and-CEO Alex Chriss Succeeds Dan Schulman as the new CEO of PayPal       https://ceoworld.biz/2023/08/17/alex-chriss-succeeds-dan-schulman-as-the-new-ceo-of-paypal/ IRS agent accidentally shot, killed by fellow agent during training at Phoenix gun rangehttps://www.azfamily.com/2023/08/17/irs-agent-accidentally-shot-killed-by-fellow-agent-during-training-phoenix-gun-range/ AICPA, NASBA Team to Help Ease Path to CPA Licensure   https://www.intuitiveaccountant.com/in-the-news/people-and-business/aicpa-nasba-team-to-help-ease-path-to-cpa-licensure/ Withum and Seton Hall launch CPA apprenticeshiphttps://www.accountingtoday.com/news/withum-and-seton-hall-launch-cpa-apprenticeship Large firm shakes up business model with employee stock ownership planhttps://www.journalofaccountancy.com/news/2023/aug/large-firm-shakes-up-business-model-employee-stock-ownership-plan.html Intuit Names Marianna Tessel General Manager of Small Business and Self-Employed Grouphttps://www.businesswire.com/news/home/20230814601878/en/Intuit-Names-Marianna-Tessel-General-Manager-of-Small-Business-and-Self-Employed-Group/ Can PayPal’s incoming CEO jump-start profitable growth?https://www.paymentsdive.com/news/paypal-ceo-checkout-venmo-smb-payments/690928/ BDO to create ESOP with $1.3B credit deal            https://www.accountingtoday.com/news/bdo-to-create-esop-with-1-3b-credit-deal Former eBay CEO Still Wields Influence over PayPal as It Names New CEOhttps://www.ecommercebytes.com/2023/08/14/former-ebay-ceo-still-wields-influence-over-paypal-as-it-names-new-ceo/ Elon Musk's 25-year obsession with 'X' explains what he did to Twitterhttps://mashable.com/article/musk-x-twitter-paypal With plans to hire 200, a former PayPal CEO launches new digital bank in Miamihttps://www.miamiherald.com/news/business/article251326533.html Outspoken: Bill Harris, Founder and Chairman of Personal Capital and former CEO of Intuit and Paypal       https://www.jsbarefoot.com/podcasts/2017/5/21/outspoken-bill-harris-ceo-of-personal-capital-and-former-ceo-of-intuit-and-paypal 5 things to know about Intuit’s small business guru Alex Chriss—PayPal’s incoming CEO https://www.fastcompany.com/90938418/paypal-ceo-alex-chriss-dan-schulman-what-to-know X.com names former Intuit brass its CEOhttps://www.cnet.com/tech/tech-industry/x-com-names-former-intuit-brass-its-ceo/ 5 ways the IRS funding boost is paying offhttps://www.washingtonpost.com/opinions/2023/08/17/irs-funding-tax-season-wait-times/ How Amazon continues to improve the customer reviews experience with generative AIhttps://www.aboutamazon.com/news/amazon-ai/amazon-improves-customer-reviews-with-generative-ai BDO partners in line for windfall after $1.3bn debt deal with Apollo Global Management | Financial Times               https://www.ft.com/content/78f60830-57a2-4671-b3dd-d3c3fed8c24f Sam Bankman-Fried Sent to Jail After Judge Revokes Bailhttps://www.nytimes.com/2023/08/11/technology/sam-bankman-fried-jail.html?smid=nytcore-ios-share&referringSource=articleShareGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsFinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/Royalwise - https://royalwise.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
8/24/202353 minutes, 26 seconds
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Soft Landing or Hard Fall? Assessing Recession Risks with Liz Wilke, Chief Economist @ Gusto

We discuss whether the economy is headed for a soft landing or hard fall with Gusto's Chief Economist Liz Wilke. Topics include: Recession outlook and key indicators like interest rates and inflation Labor shortage impacts on the economy Commercial real estate risks for banks Impacts of bank mergers on small business lending Liz evaluates recession odds, labor trends, and lending risks - offering nuanced outlooks on potential impacts for businesses, workers, banks, and more. It's a timely discussion providing an expert economic perspective on uncertainties ahead.Meet Our Guest, Liz Wilke, PhD LinkedIn: https://www.linkedin.com/in/lizwilke/Learn more about GustoWebsite: https://gusto.com/Show NotesListen to the Gustonomics podcast: https://podcasts.apple.com/ca/podcast/the-gustonomics-podcast/id1700748603The Economy Explained - August edition: https://gusto.com/partner-resources/the-economy-explained-august2023Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
8/22/202321 minutes, 41 seconds
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Exploring Solutions to the Accounting Talent Shortage with Jen Cryder, CEO at PICPA

Jen Cryder, CEO of the Pennsylvania Institute of Certified Public Accountants, joins Blake and David to discuss the accounting profession's pipeline problems, including the decline in accounting majors and the difficulties of replacing retiring CPAs. Join the discussion on solutions like work-and-learn models and redefining education requirements. Discover strategies to attract and retain talent, prioritizing the preferences of younger generations and aligning company culture with marketing efforts. Tune in to learn how accounting firms can refresh their image and flourish.SponsorsLiveFlow - http://accountingpodcast.promo/liveflowForwardly - http://accountingpodcast.promo/forwardlySouth Carolina Association of CPAs (SCACPA) - http://accountingpodcast.promo/SCACPAChapters (00:00) - Preview: Not getting a Big 4 offer was the best thing to ever happen to me (00:48) - Welcome Jen Cryder to the show and her overall thoughts on the accounting talent shortage and pipeline problem (06:19) - What are your thoughts on Tulane's new professional advancement program? (13:28) - Are substantial equivalency and mobility really a roadblock? (18:45) - Smaller firms are the ones really impacted by this talent shortage (20:04) - PCAOB says 40 percent of 2022 audits are deficient (24:35) - What are the things younger accountants are really complaining about? (30:34) - CPA firms hike starting salaries 14% (32:32) - How do we encourage young people to go into the accounting profession? (38:55) - Does accounting have more of a retention problem than a pipeline problem? (47:12) - Accounting firms need to think of more creative ways to recruit (50:23) - Remember to subscribe to The Accounting Podcast and where to reach Jen Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesUnveiling CalCPA’s New Brand     https://www.youtube.com/watch?v=diGVHSgDpU0 Tax and Accounting Pay Advancing at 5.9% Pace  https://cpatrendlines.com/2023/08/08/tax-and-accounting-pay-advancing-at-5-9-pace/ AICPA, NASBA team with Tulane to ease CPA licensing | Accounting Todayhttps://www.accountingtoday.com/news/aicpa-nasba-team-with-tulane-to-ease-cpa-licensing CPA firms facing talent shortage hike starting salaries 14% | CFO Divehttps://www.cfodive.com/news/cpa-firms-facing-talent-shortage-hike-starting-salaries-accounting-accountants/689913/ Pennsylvania CPAs try out work-and-learn model for young accountants | Accounting Todayhttps://www.accountingtoday.com/news/pennsylvania-cpas-try-out-work-and-learn-model-for-young-accountantsConnect with Our Guest, Jen CryderLinkedIn: https://www.linkedin.com/in/jencryder/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsFinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
8/16/202352 minutes, 57 seconds
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Earmark Media Presents: Oh My Fraud

Today, we have a special bonus episode from our sister podcast, Oh My Fraud. Hosts Caleb Quist and Greg Kite speak with Nathan Mueller in this episode. As a young person, Nathan was hyper-focused on wanting to make money, which led him to perpetuate an $8 million embezzlement scheme in the mid-2000s. Caleb and Greg questioned Nathan about the fraud, his time in prison, and his new job as... an accountant! Want to hear more Oh My Fraud episodes? Listen and subscribe at ohmyfraud.comFollow Oh My Fraud on Social Media:twitter.com/ohmyfraudfacebook.com/OhMyFraud  linkedin.com/oh-my-fraud EARN FREE CPELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app
8/14/20231 hour, 30 minutes, 54 seconds
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Is Working From Home Less Productive? & IRS Is (Finally) Going Paperless

Blake and David delve into the use of AI in detecting plagiarism in students' papers and its implications for the ongoing debate on AI's impact on employment. They also shed light on the increasing cost of audits and the alarming decline in audit quality. Shifting the focus to remote work, they analyze a study's findings on productivity and emphasize the importance of considering the nature of the work. The conversation takes a concerning turn as they address the shortage of accounting staff and the urgent need to address overwork and its detrimental effects. The episode wraps up with an intriguing discussion on the IRS's transition to paperless operations and recent incidents involving lost tax information. As a bonus, they share amusing anecdotes of fraudsters and a heartwarming story of an accountant being inducted into a water ski hall of fame.SponsorsLiveFlow - http://accountingpodcast.promo/liveflowZoho - http://accountingpodcast.promo/zohoSouth Carolina Association of CPAs (SCACPA) - http://accountingpodcast.promo/SCACPAChapters (00:04) - Preview: Where did Hunter Biden's income come from? (00:59) - Welcome to the show and a few quick AI stories (04:49) - Leaders split on whether AI will reduce or expand headcount (06:44) - The price of audits has doubled over the last 20 years (12:54) - Remote workers are less productive? (21:02) - The cost of forcing employees back to the office (29:07) - Less than 1% of accounting firms can find enough staff (34:58) - EY Oceania survey shows problems with work hours and culture at firm (40:12) - The IRS is going paperless? (45:37) - The IRS is losing track of tax info during shipments (47:05) - Some new details on the Hunter Biden story (48:58) - Tax preparer arrested after seeking over $124 million in phony tax credits (51:56) - A Chinese accountant stole the equivalent of $677,000 USD in an attempt to keep her boyfriend (54:30) - Blake reads some listener mail on ways to get the extra 30 hours required for a CPA license, and if getting a CPA license is the right choice (01:00:14) - How to reach David and Blake and subscribe to us on YouTube Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesIRS loses track of tax info during shipments between processing centers | Accounting Todayhttps://www.accountingtoday.com/news/irs-loses-track-of-tax-info-during-shipments-between-processing-centers Leaders split on whether AI will reduce or expand headcount | Accounting Todayhttps://www.accountingtoday.com/news/leaders-split-on-whether-ai-will-reduce-or-expand-headcount Hunter Biden plea deal outlines tax and accounting problems | Accounting Todayhttps://www.accountingtoday.com/articles/hunter-biden-plea-deal-outlines-tax-and-accounting-problems Less than 1% of accounting firms can find enough staff | Accounting Todayhttps://www.accountingtoday.com/news/less-than-1-of-accounting-firms-can-find-enough-staff IRS will finally let most Americans file taxes online next yearhttps://www.theverge.com/2023/8/3/23818531/irs-paperless-tax-filings-2024 Audit fees triple in 20 years | Accounting Today  https://www.accountingtoday.com/news/audit-fees-triple-in-20-years We're now finding out the damaging results of the mandated return to the office–and it's worse than we thoughthttps://fortune.com/2023/08/01/research-damaging-results-mandated-return-to-office-worse-than-we-thought-rto-remote-work-careers-leadership-gleb-tsipursky/ Students can use AI on applications, Arizona State law school says | Reutershttps://www.reuters.com/legal/transactional/students-can-use-ai-applications-arizona-state-law-school-says-2023-07-28/ EY Finally Admits It Has Some Serious Culture and Overwork Problems After Someone Died at the Officehttps://www.goingconcern.com/ey-finally-admits-it-has-some-serious-culture-and-overwork-problems-after-someone-died-at-the-office/ JPMorgan CEO Jamie Dimon chides managers who work from home: ‘I don’t know how you can be a leader and not be completely accessible to your people’     https://finance.yahoo.com/news/jpmorgan-ceo-jamie-dimon-chides-184750015.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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsFinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
8/10/20231 hour, 2 minutes, 18 seconds
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Cooking the Books with Barbie: The Downfall of Mattel's Co-Founder & Barbie Inventor

In this episode, Blake and David cover the downfall of Mattel's co-founder and Barbie inventor, Intuit's new ad network that allows businesses to target specific audiences using data from QuickBooks Online, and the increasing rate of deficiencies in public company audits. They also discuss the detrimental effect of the 150-hour rule on students pursuing careers in accounting, the availability of a malicious code-writing tool called Fraud GPT on the dark web, and the use of AI in customer support and sales calls. Sponsors OnPay - https://cloudaccountingpodcast.promo/onpayRelay - https://cloudaccountingpodcast.promo/relayForwardly - https://cloudaccountingpodcast.promo/forwardlyChapters (00:04) - Be prepared for higher prices because of AI (01:05) - What does Barbie have to do with accounting? (05:03) - Intuit is launching an ad network (11:58) - As much as 40% of audits in 2022 could be deficient (20:48) - Why are students switching majors away from accounting? (25:57) - IRS will no longer do any unannounced visits (27:14) - Hunter Biden saga update (28:54) - Sage announces latest earnings (30:34) - FraudGPT - dark web service (32:08) - Real-life example of AI use case for a company (36:53) - New conversational AI Air demo sales call (41:40) - ChatGPT introduces custom instructions (42:26) - Plaid announces deal with Cross River Banks (44:19) - Blake reads some Youtube comments on the TurboTax video (48:56) - A few quick final stories (52:53) - Wrap up and where to reach us Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes22 years after the $63 billion Enron collapse, a key audit review board finds the industry in a 'completely unacceptable' statehttps://fortune.com/2023/07/26/pcaob-audit-completely-unnacceptable-error-rate-enron-big-4-consulting/ 150-hour requirement seen as a significant barrier to accounting by young peoplehttps://www.accountingtoday.com/news/150-hour-requirement-seen-as-a-significant-barrier-to-accounting-by-young-people The Sage Group plc (SGGEF) Q3 2023 Earnings Call Transcripthttps://seekingalpha.com/article/4620753-sage-group-plc-sggef-q3-2023-earnings-call-transcript Plaid Taps Cross River to Offer Real-Time Payments           https://www.pymnts.com/real-time-payments/2023/cross-river-teams-with-plaid-to-offer-real-time-payments/ Sage sees solid growth in Q3https://www.enterprisetimes.co.uk/2023/07/28/sage-sees-solid-growth-in-q3/ Intuit Launches B2B Ad Network Targeting Small Business Owners              https://www.mediapost.com/publications/article/387583/intuit-launches-b2b-ad-network-targeting-small-bus.html Unannounced IRS revenue officer visits discontinued        https://proconnect.intuit.com/taxprocenter/tax-law-and-news/unannounced-irs-revenue-officer-visits-discontinued/ U.S. Accounting Watchdog Flags 'Unacceptable' Increase in Audit ...           https://money.usnews.com/investing/news/articles/2023-07-25/u-s-accounting-watchdog-flags-unacceptable-increase-in-audit-deficiencies IRS good at addressing cyberthreats, but not documenting themhttps://www.accountingtoday.com/news/report-says-irs-good-at-addressing-cyberthreats-but-not-at-documenting-them-later Exclusive: Mailchimp Owner Intuit Launches Media Network for Small Businesseshttps://www.adweek.com/programmatic/exclusive-mailchimp-owner-intuit-launches-media-network-for-small-businesses/ New AI Tool 'FraudGPT' Emerges, Tailored for Sophisticated Attackshttps://thehackernews.com/2023/07/new-ai-tool-fraudgpt-emerges-tailored.html Accounting Watchdog Expects Deficiencies in 40% of Public-Company Audits in 2022 - WSJ             https://www.wsj.com/articles/accounting-watchdog-expects-deficiencies-in-40-of-public-company-audits-in-2022-badfcda All About Barbie Inventor Ruth Handler: Where She Is Todayhttps://www.womenshealthmag.com/life/a44610455/ruth-handler-barbie/ How Vector Media transformed its customer support with AI | Zapierhttps://zapier.com/blog/nations-largest-ad-transit-company-transformed-customer-support-with-ai/ theCAQ.org | Significant Barriers Deter Students from Pursuing a Degree in Accounting, According to CAQ Report https://www.thecaq.org/pipelineresearch2023 IRS whistleblowers accuse Hunter Biden during congressional hearing | Accounting Todayhttps://www.accountingtoday.com/news/irs-whistleblowers-accuse-hunter-biden-during-congressional-hearing Want to Search PCAOB Inspection Reports By How Many Screw-Ups an Audit Firm Made? You Can Now Do That - CPA Practice Advisor https://www.cpapracticeadvisor.com/2023/07/20/new-online-tools-pcaob-inspection-reports/82128/ Custom instructions for ChatGPT               https://openai.com/blog/custom-instructions-for-chatgpt Taxfyle Announces Industry-Leading Generative Artificial Intelligence (AI) Solution - EIN Presswirehttps://www.einnews.com/pr_news/643347250/taxfyle-announces-industry-leading-generative-artificial-intelligence-ai-solution Opening Remarks - The CPA Journal         https://www.cpajournal.com/2023/07/17/opening-remarks-munter-jones/ Eric Vyacheslav on LinkedIn: This is incredible 🤯 An AI doing sales calls and customer support. Air is… | 1,001 comments           https://www.linkedin.com/posts/eric-vyacheslav-156273169_this-is-incredible-an-ai-doing-sales-calls-activity-7086328622348697600-LlI_?utm_source=share&utm_medium=member_ios Original Hype Man and Coffee Enthusiast Peter "Sugar Bear" Olinto is Leaving Becker - Going Concern        https://www.goingconcern.com/peter-olinto-leaving-becker/ Geni Whitehouse named as new president of IT Alliance | Accounting Today         https://www.accountingtoday.com/news/geni-whitehouse-named-as-new-president-of-it-alliance 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsFinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
8/2/202356 minutes, 10 seconds
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The Big Money In AI; When Crypto Is A Security; 3 Updates from QuickBooks

In this episode of The Accounting Podcast, Blake and David discuss the economic impact of Taylor Swift's "The Eras Tour," Microsoft's CoPilot price with AI, the SEC vs Ripple case decision, the launch of FedNow, and a bill proposed by two senators to ban lawmakers from owning stocks. They also dig into stories about Apple's work on AppleGPT, software spending rising 25% over the last 12 months, the 150-hour rule, and the lack of black accountants in the profession. They dive into a case study for good marketing in accounting, ClientEarth warning Big 6 audit firms to protect the planet, a WSJ editorial board blaming accounting shortage on Biden, and close with a few fast QuickBooks stories, and much more! SponsorsLiveFlow - https://cloudaccountingpodcast.promo/liveflowZoho - https://cloudaccountingpodcast.promo/zohoAccruer - http://accountingpodcast.promo/accruerChapters (00:04) - Preview: Taylor Swift's "The Eras Tour" economic impact (00:53) - Welcome to The Accounting Podcast and a quick overview of topics for this episode (03:16) - Microsoft announces CoPilot price with AI (10:24) - SEC vs Ripple case decision (19:08) - FedNow finally launched (25:16) - Two senators are proposing bill on ban of lawmakers owning stocks (27:50) - Blake checks in on the live chat (28:30) - Apple working on AppleGPT (30:46) - Software spending rose 25% over the last 12 months (33:12) - Article on the 150-hour rule and lack of black accountants in the profession (35:54) - Blake and David look at a case study for good marketing in accounting (39:11) - Taylor Swift's billion-dollar impact on the economy (42:15) - ClientEarth warning Big 6 audit firms to protect the planet (44:31) - WSJ editorial board blames accounting shortage on Biden (51:04) - Bench Accounting (51:41) - 3 fast QuickBooks stories (54:01) - Accounting startup Dougs raises $27 million (55:06) - Shopify builds in a Zoom cost calculator (56:59) - Shopify releases AI update (01:00:49) - Blake reads some listener mail (01:04:01) - Wrap up and where to reach David and Blake Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesSens. Kirsten Gillibrand and Josh Hawley to unveil a bill to bar executive-branch members and lawmakers from owning stock in individual companies      https://www.wsj.com/articles/senators-to-propose-ban-on-u-s-lawmakers-executive-branch-members-owning-stock-6db6411 New comment on "339. 15-Year-Old Passes CPA Exam; NY Requires Independent Audits of AI Hiring Processes"     https://mail.google.com/mail/u/0/#inbox/FMfcgzGtwCxwDBHndZBtfKHkBgCgXhpr Taylor Swift's Economic Impact Has Caught the Eye of the Fedhttps://markets.businessinsider.com/news/stocks/taylor-swifts-economic-impact-catches-attention-federal-reserve-hotel-revenue-2023-7 After bootstrapping for 8 years, accounting startup Dougs raises $27 million | TechCrunchhttps://techcrunch.com/2023/07/04/after-bootstrapping-for-8-years-accounting-startup-dougs-raises-27-million/ Shopify's crusade against Zoom meetings now includes a cost calculator: 'Most of the modern work environment is broken' https://fortune.com/2023/07/12/remote-work-zoom-meeting-shopify-cost-calculator-modern-work-broken/ Shopify Sidekick video    https://twitter.com/tobi/status/1679114154756669441?s=20 Bridging the Gap: Between the Generations          https://www.intuitiveaccountant.com/education-hub/training-center/bridging-the-gap-between-the-generations/ ☕️ NOW, FED ☙ Friday, July 21, 2023 ☙ C&C NEWS 🦠 https://www.coffeeandcovid.com/p/now-fed-friday-july-21-2023-c-and KPMG Rolls Out Generative AI to Tax Pros, Launches Audit Pilothttps://news.bloombergtax.com/financial-accounting/kpmg-rolls-out-generative-ai-to-tax-pros-launches-audit-pilot QuickBooks Checking Simplifies Bank Feeds Matchinghttps://www.intuitiveaccountant.com/accounting-tech/general-ledger/quickbooks-checking-simplifies-bank-feeds-matching/ Big Six senior leadership missing in action on climate reporting and ...https://www.clientearth.org/latest/press-office/press/big-six-senior-leadership-missing-in-action-on-climate-reporting-and-audit/ FedNow launch: Fed's new instant payment system, goes live July 20https://www.usatoday.com/story/money/2023/07/20/fednow-launch-fed-instant-pay-service/70434964007/ Accounting firms accused of missing climate risks in company auditshttps://www.ft.com/content/befa329f-43bb-42fb-baeb-e0ae22d68acf The Biden Accounting Jobs Boom - WSJ  https://www.wsj.com/articles/tax-accounting-jobs-boom-biden-economy-taxes-internal-revenue-service-8db189ae QuickBooks Time Now QuickBooks Workforce     https://www.intuitiveaccountant.com/accounting-tech/general-ledger/quickbooks-time-now-quickbooks-workforce/ Why the CPA qualification’s 150-hour college credit rule is outdated–and inequitablehttps://fortune.com/2023/07/14/why-cpa-exams-150-hour-college-credit-rule-outdatedand-inequitable-guylaine-saint-juste/ Bench Accounting Launches Breakthrough Solution for Business Owners Blending Personal and Business Finance  https://www.benzinga.com/pressreleases/23/07/n33270300/bench-accounting-launches-breakthrough-solution-for-business-owners-blending-personal-and-business Microsoft Unveils AI-Infused Bing Chat Enterprise and Reveals Microsoft 365 Copilot Pricinghttps://smallbiztrends.com/2023/07/microsoft-unveils-ai-infused-bing-chat-enterprise-and-microsoft-365-copilot-pricing.html Better Late Than Never: Federal Reserve Platform Will Finally Bring Instant Payments To More Banks-And Customers                https://www.forbes.com/sites/emilymason/2023/07/20/better-late-than-never-federal-reserve-platform-will-finally-bring-instant-payments-to-more-banksand-customers/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsFinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
7/26/20231 hour, 6 minutes, 58 seconds
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How To Know If An App Will Survive; Big Tax Prep Sent Taxpayer Data to Facebook; Dearth of Accountants Visible In Financials

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 earmarkcpe.com.SponsorsZoho - https://cloudaccountingpodcast.promo/zoho Forwardly - https://cloudaccountingpodcast.promo/forwardlyAccruer - http://accountingpodcast.promo/accruerChapters (00:00) - Preview: Owning your own accounting firm is a path to the upper middle class (01:19) - Welcome to The Accounting Podcast (03:24) - Jirav raises $20 million in series B round (04:29) - How likely a startup is to fail based on their funding round (10:05) - Is this the end of Evernote? (12:20) - Codat removing desktop API support from some plans (17:05) - Pilot lays off 13% of its workforce (20:01) - Collective raises $50 million (21:40) - Are tax prep companies giving customers' personal information to social media giants? (32:35) - Even the IRS website sends your data to Google Analytics! (38:03) - WSJ article on the accounting shortage (44:00) - Blake checks in on the live chat (53:43) - Accountests ChatGPT challenge (57:57) - Claude.AI as a ChatGPT alternative (01:01:17) - Wrap up and please check out our TurboTax Live Business Tax Return experience video on our YouTube channel Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesJirav raises $20M in Series B | Accounting Today https://www.accountingtoday.com/news/jirav-raises-20m-in-series-b 3 tax prep firms shared 'extraordinarily sensitive' data about taxpayers with Meta, lawmakers sayhttps://apnews.com/article/irs-taxpayer-tax-preparation-meta-congress-9315cfca7a0942ab89f765d183fbf822 Tax prep companies shared private taxpayer data with Google and Meta for years, congressional probe finds | CNN Business               https://www.cnn.com/2023/07/12/tech/tax-prep-companies-taxpayer-data-google-meta/index.html The dearth of accountants has now become visible in several financial reports, with companies pleading difficulty in finding and retaining skilled people.         https://www.wsj.com/articles/the-accountant-shortage-is-showing-up-in-financial-statements-b14a6b94 ChatGPT Does Accountests Debits & Credits Test https://www.accountests.com/blogs/news/chatgpt-does-accountests-debits-credits-test Pilot lays off 13% of workforce – 45 Employees - LayoffsTracker    https://layoffstracker.com/pilot-lays-off-13-of-workforce-45-employees/?expand_articleChatGPT scores 90% on debits & credits test        https://www.blakeoliver.com/blog/chatgpt-scores-90-on-debits-amp-credits-test Some Chicago Restaurants Are Still Adding Surcharges Of Up to 20% to Checks. Should They?https://www.nbcchicago.com/news/local/some-chicago-restaurants-are-still-adding-surcharges-of-up-to-20-to-your-bill-should-they/3055697/ 2023-10-10: Change in pricing for some accounting integrations  https://docs.codat.io/updates/231010-deprecation-onprem-erp-premium Tax prep companies shared private taxpayer data with Google and Meta for years, congressional probe finds          https://www.cnn.com/2023/07/12/tech/tax-prep-companies-taxpayer-data-google-meta/index.html Attacks%20on%20Tax%20Privacy_Final.pdfhttps://www.warren.senate.gov/imo/media/doc/Attacks%20on%20Tax%20Privacy_Final.pdf Jirav Announces $20M Series B Round Led By Cota Capital              https://www.intuitiveaccountant.com/in-the-news/people-and-business/jirav-announces-20m-series-b-round-led-by-cota-capital/ The U.S. Tax Code Is Too Complex for Direct eFile to Work              https://taxfoundation.org/irs-efile-prefilled-tax-returns/ IRS renews cybersecurity push for tax pros            https://www.accountingtoday.com/news/irs-renews-cybersecurity-push-for-tax-pros The Accountant Shortage Is Showing Up in Financial Statements https://www.wsj.com/articles/the-accountant-shortage-is-showing-up-in-financial-statements-b14a6b94 Collective, a financial management platform for freelancers, raises $50M https://techcrunch.com/2023/07/11/collective-a-financial-management-platform-for-freelancers-raises-50m/ Bay Area tech firm relocating to Europe, lays off most staff https://www.sfgate.com/tech/article/evernote-layoffs-moving-to-europe-18190083.phpGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/FinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
7/20/20231 hour, 1 minute, 10 seconds
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Review of TurboTax LIVE Full Service Business 2023 for Tax Professionals

Join Blake Oliver, CPA, and David Leary as they review using TurboTax Live Full Service for their business taxes. See their candid reactions and feedback as they go through the process of filing their 2022 taxes with TurboTax for the first time.Blake and David walk through the steps of getting matched with a tax expert, gathering documents, communicating with their preparer, and finally filing their partnership return. You'll look at the portal used for document exchange, see the questions asked during onboarding, and find out what last-minute items held up their return filing.See if the "tax expert" delivers and how the return process compares to working directly with a CPA or EA. If you're on the fence about trying TurboTax Live Full Service for your business taxes, this candid review will showcase the pros and cons to help you decide.Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
7/18/202347 minutes, 40 seconds
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Building a Remote eCommerce Firm with Meryl Johnston of Bean Ninjas

Learn how Meryl built a 30-headcount bookkeeping firm in eight years that can operate without her. We also get Meryl's take on the PwC scandal in Australia. Earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at earmarkcpe.com.SponsorsRelay - https://cloudaccountingpodcast.promo/relayFinDaily - https://accountingpodcast.promo/findailyEarmark for Teams - https://accountingpodcast.promo/freeshirtChapters (00:04) - Preview: Why can't the US tax deadlines be as relaxed as Australia's (00:50) - Welcome Meryl Johnston to the show and some background on Bean Ninjas (05:49) - Tell us a little about the growth of Bean Ninjas, remote work, and taking a step back from day-to-day operations (10:26) - How does Meryl track employees' work when they're remote? (12:13) - Can you tell us about Bean Ninja's journey of niching? (22:46) - How do you deal with communication challenges with remote work and different schedules (28:31) - What is the current size of your firm, and what type of work do you now do? (35:16) - What do you tell accountants who are afraid to niche? (39:20) - Is the accounting talent crisis also happening in Australia? (41:19) - Meryl gives her take on the PwC scandal in Australia (47:38) - Are 2 new Australian tech companies coming for Xero's throne? (55:25) - Is software plus a service the future of accounting tech? (59:02) - Wrap up and how people can listen to Meryl's podcasts Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesFuel Up the Bus, PwC Australia Has Named and Shamed Eight Partners Tied to the Tax Leak Scandalhttps://www.goingconcern.com/fuel-up-the-bus-pwc-australia-has-named-and-shamed-eight-partners-tied-to-the-tax-leak-scandal/ PwC Sold Off Its Scandal-Plagued Government Consulting Business For 67 Cents - Going Concernhttps://www.goingconcern.com/pwc-sold-off-its-scandal-plagued-government-consulting-business-for-67-cents/ PwC Sold a Part of Its Australian Business for $1 Because of Tax Leak Scandal - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2023/06/29/pwc-sold-a-part-of-its-australian-business-for-67-cents-because-of-tax-leak-scandal/81609/ A new threat to Xero? The rise of Hnry: a one-stop shop for sole traders, ft. Karan Anandhttps://www.raskmedia.com.au/2023/06/27/xero-risk-hnry-accounting-karan-anand/ Exclusive: PwC Australia ties Google to tax leak scandal – sourceshttps://www.reuters.com/technology/pwc-australia-ties-google-tax-leak-scandal-sources-2023-07-05/ Thriday swings at big accounting platforms with AI expense toolhttps://www.smartcompany.com.au/finance/tax/thriday-business-expense-bank-ai-artificial-intelligence/Meet Our Guest, Meryl JohnstonLinkedIn: https://www.linkedin.com/in/meryl-johnston-3a483728/Website: https://beanninjas.com/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/FinDaily - https://findaily.io/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
7/14/20231 hour, 2 minutes, 31 seconds
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15-Year-Old Passes CPA Exam; NY Requires Independent Audits of AI Hiring Processes

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 earmarkcpe.com.SponsorsOnPay - https://cloudaccountingpodcast.promo/onpayRelay - https://cloudaccountingpodcast.promo/relayForwardly - https://cloudaccountingpodcast.promo/forwardlyChapters (00:04) - Preview: Accounting firms will transition to corporations (01:00) - Blake and David are back from their trips (05:03) - A 15-year-old in Mississippi has passed the CPA exam (07:00) - Jennifer asks about TAP's TurboTax Live Business experience (10:05) - Mackenzie's voicemail re: accounting shortage (18:37) - BDO USA is shifting from a partnership to a corporation (20:55) - EY officially announces it has called off "Project Everest" but is still the number one US audit firm for public companies (24:25) - M365 Co-Pilot updates (29:50) - Thomson Reuters announces $100 million per year AI investment (32:04) - Avalara launches a sales tax calculator in ChatGPT (36:17) - Gusto hires former head of data science and analytics from Google (37:09) - Taxfyle releases AI tax-prep bot (39:04) - New York announces new AI law for hiring (44:15) - A few more quick tech stories and the problems with client portals (47:06) - Wrapbook wrap-up (51:45) - Where to reach David and Blake Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesTech News: TaxFyle releases AI tax prep bot          https://www.accountingtoday.com/list/tech-news-taxfyle-releases-generative-ai-tax-prep-bot Why everyone is mad about New York’s AI hiring lawhttps://www.technologyreview.com/2023/07/10/1076013/new-york-ai-hiring-law/ Mississippi youth passes CPA Exam – at Age 15https://www.journalofaccountancy.com/news/2023/jun/mississippi-youth-passes-cpa-exam-at-age-15.html BDO USA is Shifting From a Partnership to a Corporation - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2023/06/26/bdo-usa-is-shifting-from-a-partnership-to-a-corporation/81445/ Gusto hires former Google exec to add AI to products | Accounting Todayhttps://www.accountingtoday.com/news/gusto-hires-former-google-exec-to-add-ai-to-products KPMG cuts 5% of U.S. workforce | Accounting Today        https://www.accountingtoday.com/news/kpmg-cuts-5-of-u-s-workforce KPMG’s Big Four Dominance on Bank Audits Shaken by Failureshttps://news.bloombergtax.com/financial-accounting/kpmgs-big-four-dominance-on-bank-audits-shaken-by-failures Thomson Reuters adding AI to tax software | Accounting Todayhttps://www.accountingtoday.com/news/thomson-reuters-adding-ai-to-tax-software EY Tops Rival Audit Firms in Public Company Clients - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2023/06/20/ey-tops-rivals-in-public-company-audit-clients/81193/ Shopify vows to fight CRA request to hand over records from more than 121,000 Canadian businesseshttps://www.ctvnews.ca/business/shopify-vows-to-fight-cra-request-to-hand-over-records-from-more-than-121-000-canadian-businesses-1.6454822 Accounting firm EY calls off ‘Project Everest’ to break up firm ...https://www.dailymirror.lk/business/Accounting-firm-EY-calls-off-Project-Everest-to-break-up-firm/215-261867 Finance Automation Platform Ramp Acquires AI Startup Cohere.iohttps://www.pymnts.com/artificial-intelligence-2/2023/finance-automation-platform-ramp-acquires-ai-startup-cohere-io/ BDO USA is Shifting From a Partnership to a Corporation https://www.cpapracticeadvisor.com/2023/06/26/bdo-usa-is-shifting-from-a-partnership-to-a-corporation/81445/  M365 Copilot, Microsoft’s generative AI tool, explainedhttps://www.computerworld.com/article/3700709/m365-copilot-microsofts-generative-ai-tool-explained.html Intuit Supercharges Intuit GenOS with OpenAI’s Large Language Models to Bring GenAI Experiences to Customershttps://investors.intuit.com/news/news-details/2023/Intuit-Supercharges-Intuit-GenOS-with-OpenAIs-Large-Language-Models-to-Bring-GenAI-Experiences-to-Customers/default.aspx Wrapbook Expands its Payroll Platform to Enable Seamless ...https://www.businesswire.com/news/home/20230629819270/en/Wrapbook-Expands-its-Payroll-Platform-to-Enable-Seamless-Collaboration-Across-Production-and-Accounting-Teams Kraken ordered to turn over its users' information to the IRShttps://www.accountingtoday.com/articles/kraken-ordered-to-turn-over-its-users-information-to-the-irs Some Chicago Restaurants Are Still Adding Surcharges Of Up to 20% to Checks. Should They?https://www.nbcchicago.com/news/local/some-chicago-restaurants-are-still-adding-surcharges-of-up-to-20-to-your-bill-should-they/3055697/ As Thomson Reuters Explains Its Acquisition of Casetext, Some Investors Seem Uncertainhttps://www.lawnext.com/2023/06/as-thomson-reuters-explains-its-acquisition-of-casetext-some-investors-seem-uncertain.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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/FinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
7/11/202355 minutes, 58 seconds
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How Much Should A CPA Charge For A Business Tax Return? (with Roger Knecht)

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 earmarkcpe.com.SponsorsOnPay - https://cloudaccountingpodcast.promo/onpayRelay - https://cloudaccountingpodcast.promo/relay Helcim - https://cloudaccountingpodcast.promo/helcimChapters (00:23) - Preview: CPAs are pricing themselves too low (01:13) - Welcome Roger to the show and a little background on what he does (03:20) - What topics we'll cover in this episode (04:25) - Hunter Biden takes plea deal in tax charges (09:20) - Pentagon overestimates supplies sent to Ukraine by $6.2 billion (12:27) - Who will win: Elon Musk vs Mark Zuckerberg (16:07) - CPA Ontario and CPA Quebec sever ties with CPA Canada (20:56) - The SEC charges Marcum with quality control failures (31:52) - Yahoo Finance article on how much people should expect to pay for a CPA (38:33) - Sports bettors losing more money as parlays gain popularity (43:59) - Roger's 5 pricing strategies (48:53) - Some updates on AI in accounting (57:18) - Wrap up and where to reach Roger Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeMeet Our Guest, Roger Knecht:Website: https://universalaccounting.com/LinkedIn: https://www.linkedin.com/in/rogerknecht/Twitter: https://twitter.com/universalacctFacebook: https://www.facebook.com/universalaccountingschoolInstagram: https://www.instagram.com/rogerknecht/Show NotesEven by the standards of billionaire-versus-billionaire tiffs, the proposed cage fight between Elon Musk and Mark Zuckerberg stands out    https://www.wsj.com/articles/elon-musk-mark-zuckerberg-cage-fight-b71fa4ff Marcum, the SEC said, audited nearly half of the roughly 860 SPAC IPOs in 2020 and 2021. The firm agreed to pay the SEC $10 million in fines for widespread failures in its audits.          https://www.wsj.com/articles/marcum-to-settle-sec-pcaob-claims-over-widespread-failures-in-spac-audits-bb8f3d48 Accounting Mistake Caused Pentagon to Overestimate Cost of Weapons Sent to Ukraine by $6.2B - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2023/06/21/accounting-error-caused-pentagon-to-overestimate-cost-of-weapons-sent-to-ukraine-by-6-2b/81322/ I'm a Small Business Owner. How Much Will a CPA Cost Me?         https://finance.yahoo.com/news/im-small-business-owner-much-130149992.html 4 in 5 Australians want PwC banned from new government work  | Accountants Daily       https://www.accountantsdaily.com.au/regulation/18685-four-in-five-australians-want-pwc-banned-from-new-government-work CPA Quebec, Ontario bodies sever ties with national organizationhttps://financialpost.com/fp-finance/cpa-quebec-ontario-sever-ties-national-organization Hunter Biden expected to plead guilty to tax-related misdemeanor crimes as part of a plea agreement       https://www.nbcnews.com/news/amp/rcna90144 How much did Congress lose by defunding the IRShttps://www.washingtonpost.com/opinions/interactive/2023/irs-enforcement-costs-congress-funding/ Parlay bets are becoming a bigger part of online sports betting—which is good news for the house              https://www.wsj.com/articles/sports-better-win-lose-ddcaae24 BDO to Convert to a Corporation, Replacing US Partnership (2)https://news.bloombergtax.com/financial-accounting/bdo-to-convert-to-a-corporation-replacing-its-us-partnership New bookkeeping platform Thriday says AI is on its way to save you from taxes and accountantshttps://stockhead.com.au/tech/new-bookkeeping-platform-thriday-says-ai-is-on-its-way-to-save-you-from-taxes-and-accountants/ CLA launches high school summer intern program             https://www.accountingtoday.com/news/cla-launches-high-school-summer-intern-program Jeff Seibert, CEO and Co-Founder of Digits – Interview Series         https://www.unite.ai/jeff-seibert-ceo-and-co-founder-of-digits-interview-series/ KPMG's Banking Troubles Give Accounting a Black Eye (Podcast)https://news.bloombergtax.com/daily-tax-report/kpmgs-banking-troubles-give-accounting-a-black-eye-podcast Digits AI Debuts as World's First Secure, Accurate, Business Finance AIhttps://www.prnewswire.com/news-releases/digits-ai-debuts-as-worlds-first-secure-accurate-business-finance-ai-301857407.html Pentagon's Ukraine accounting error revised up to US$6.2 billionhttps://www.channelnewsasia.com/world/us-pentagon-ukraine-accounting-error-62-billion-3576286 CPA Canada remains committed to a unified Canadian accounting professionhttps://finance.yahoo.com/news/cpa-canada-remains-committed-unified-222200923.html Pentagon Says a $6 Billion Accounting Error Allows More Arms for ...https://www.bloomberg.com/news/articles/2023-06-20/pentagon-says-a-6-billion-accounting-error-allows-more-arms-for-ukraine Rumor: BDO USA Is Switching From a Partnership to a Corporation on July 1https://www.goingconcern.com/rumor-bdo-usa-is-switching-from-a-partnership-to-a-corporation-on-july-1/ Pentagon says Ukraine accounting error revealed last month is much bigger than previously statedhttps://www.cnn.com/2023/06/20/politics/pentagon-ukraine-accounting-error/index.html Ontario, Quebec accounting bodies announce planned split from CPA Canada       https://www.canadian-accountant.com/content/profession/ontario-quebec-split-from-cpa-canada Digits AI Debuts as World’s First Secure, Accurate Business Finance AI       https://aithority.com/natural-language/chatgpt/digits-ai-debuts-as-worlds-first-secure-accurate-business-finance-ai/ Tech News: Digits launched AI product    https://www.accountingtoday.com/list/tech-news-digits-launched-ai-product 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsFuture Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/FinDaily - https://findaily.io/ Forwardly - https://www.forwardly.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
6/28/20231 hour, 1 minute, 43 seconds
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The ROI of IRS Audits | FedNow Payment Network Launching in July

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 earmarkcpe.com.SponsorsLiveFlow - https://cloudaccountingpodcast.promo/liveflowAccountests - https://cloudaccountingpodcast.promo/accountestsClient Hub - https://cloudaccountingpodcast.promo/clienthubChapters (00:00) - PREVIEW: Lack of audits is hurting the accounting profession (01:07) - Welcome to The Accounting Podcast (02:39) - Listener mail: Audits are just checking a box (06:56) - Listener mail: David asks for alternatives to tracking hours (14:39) - Listener mail: Courtney asks if they should pursue a CPA or EA (25:04) - Listener mail: William asks how new accountants should approach their starting salary at firms (28:14) - Is QBO starting to integrate AI into Mailchimp? (30:37) - FedNow is launching in July (35:50) - The ROI of IRS audits (46:41) - UK's Making Tax Digital rollout is struggling (52:10) - Latest on remote work (55:41) - ESG startup Omnevue secures $3 million in funding (58:41) - Xero announces third price increase in two years and Intuit's response (01:00:19) - Some final thoughts and where to reach David and Blake Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesHow much did Congress lose by defunding the IRS? Way more than we thought.https://www.washingtonpost.com/opinions/interactive/2023/irs-enforcement-costs-congress-funding/ Elon Musk Calls Remote Work Morally Wrong 'Bullshit'    https://www.businessinsider.com/elon-musk-remote-work-morally-wrong-get-off-high-horse-2023-5 ESG accounting startup Omnevue secures $3.1 million in Seed fundinghttps://www.finextra.com/pressarticle/97225/esg-accounting-startup-omnevue-secures-31-million-in-seed-funding Credit Unions Gear Up to Build Instant Payments Ecosystems as FedNow Loomshttps://www.pymnts.com/credit-unions/2023/credit-unions-prepare-build-instant-payments-ecosystems-fednow-looms/ FedNow’s Rollout Will Spur ‘Major Shift’ for Businesses and Digital Wallets, Says Trustlyhttps://www.pymnts.com/news/faster-payments/2023/fednows-rollout-will-spur-major-shift-for-businesses-and-digital-wallets-says-trustly/ Fintech ForwardAI, An Aggregated Direct Data Access Provider To Accounting And ERP Platforms, Launcheshttps://www.crowdfundinsider.com/2023/06/208515-fintech-forwardai-an-aggregated-direct-data-access-provider-to-accounting-and-erp-platforms-launches-forwardly/ Rethinking the CPA 150-hour requirement: There must be a changehttps://www.firmofthefuture.com/training-and-certification/rethinking-150-hour-requirement/ Government execution of MTD ‘out of control’ as costs spiralhttps://www.accountancyage.com/2023/06/16/government-execution-of-mtd-out-of-control-as-costs-spiral/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/Future Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/FinDaily - https://findaily.io/ Benchmark Growth - https://marketingforaccountingfirms.com/mastermind/ Forwardly - https://www.forwardly.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
6/21/20231 hour, 9 minutes
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Introducing "The Accounting Podcast" (why we changed our name)

Welcome to the new era of "The Accounting Podcast," formerly known as "The Cloud Accounting Podcast." Why the name change? This show was born out of a passion for technology's role in accounting, and over the last five years, as cloud-based tools became the norm, we broadened our scope to cover a wide range of topics. We're now delving into everything from PPP and the talent crisis to artificial intelligence, fraud, the business models of accounting firms, the IRS, politics, and much more. Our aim is to provide the best audio-based news and analysis in the accounting profession.Celebrating an incredible milestone of 1 million downloads, we extend our heartfelt thanks to all our listeners and guests who have supported us over the years. As we step into this exciting new phase, we encourage you to engage with us - whether you're a longtime listener or just tuning in. Please send us your feedback, story ideas, or even a voicemail that we might play on the air at [email protected], you can earn free CPE for listening with the Earmark app. Visit earmarkcpe.com for more information. We're thrilled to have you on this journey with us, and we look forward to bringing you quality content for many more years to come! Enjoy the show.Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 Cloud Accounting Podcast listeners know by running a classified ad? Hit the link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
6/15/20232 minutes, 24 seconds
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AICPA Engage Recap | Intuit launches GenOS | PwC scandal in Australia

We're back from the AICPA Engage conference sharing takeaways. Also, we're talking about all the latest generative AI developments in accounting, plus the recent PwC scandal in Australia.SponsorsLiveFlow - https://cloudaccountingpodcast.promo/liveflowZoho - https://cloudaccountingpodcast.promo/zoho Helcim - https://cloudaccountingpodcast.promo/helcimChapters (00:00) - PREVIEW: The PwC scandal (00:46) - Blake and David are back from AICPA Engage (02:08) - Blake shares his mom's tax return horror story (10:13) - Thoughts on the AICPA's 100th Town Hall podcast episode (16:10) - How can AICPA grow Engage to be an even bigger event (21:03) - It was great to see everyone at AICPA Engage (27:11) - Advanced Auto Parts misses 10-Q deadline because they couldn't staff position (30:37) - Accounting firms are getting sued for improper ERC returns (35:31) - Checking in on the live chat (37:31) - Intuit's AI announcement (43:33) - CPA.com announces their own generative AI initiative (44:50) - Spreadsheet company Equals launches AI Assist (45:29) - ChatGPT makes up court cases in federal briefing (47:59) - Ikea buys warehouse management SaaS company (48:58) - Google DeepMind can create its own algorithms (51:23) - Crypto scams are 5x more costly than other cyber crimes (52:09) - Let's talk about PwC Australia (01:01:25) - Wrap up and where to reach Blake and David Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesGoogle DeepMind’s game-playing AI just found another way to make code faster | MIT Technology Review              https://www.technologyreview.com/2023/06/07/1074184/google-deepmind-game-ai-alphadev-algorithm-code-faster/ Crypto scams five times as costly as other cybercrimes says study | Accounting Todayhttps://www.accountingtoday.com/news/crypto-scams-five-times-as-costly-as-other-cybercrimes-says-study A Man Sued Avianca Airline. His Lawyer Used ChatGPT. - The New York Timeshttps://www.nytimes.com/2023/05/27/nyregion/avianca-airline-lawsuit-chatgpt.html?smid=nytcore-ios-share&referringSource=articleShareEquals Launches the First Native AI Assistant for Spreadsheetshttps://www.newswire.com/news/equals-launches-the-first-native-ai-assistant-for-spreadsheets-22045667 Intuit introduces proprietary large language models for fintech with GenOShttps://cointelegraph.com/news/intuit-introduces-proprietary-large-language-models-for-fintech-with-genos Intuit (INTU) Introduces Generative AI Operating Systemhttps://www.zacks.com/stock/news/2105195/intuit-intu-introduces-generative-ai-operating-system?cid=CS-ZC-FT-analyst_blog|company_news_tech_sector-2105195 Intuit Unveils Generative AI Operating System and Finance LLMs for TurboTax, Credit Karma, QuickBooks, and Mailchimp Developers    https://voicebot.ai/2023/06/07/intuit-unveils-generative-ai-operating-system-and-finance-llms-for-turbotax-credit-karma-quickbooks-and-mailchimp-developers/ Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Modelshttps://financialpost.com/pmn/business-wire-news-releases-pmn/intuit-introduces-generative-ai-operating-system-with-custom-trained-financial-large-language-models Intuit Launches GenOS: AI Operating System for Financial Datahttps://medium.com/@cryptomarket06/intuit-launches-genos-ai-operating-system-for-financial-data-6bf8f161ef3a IKEA Parent Ingka Acquires Supply Chain Software Solutions Provider Made4nethttps://www.pymnts.com/news/retail/2023/ikea-parent-ingka-acquires-supply-chain-software-solutions-provider-made4net/ Landscaping Business Sues Accounting Firm Over Alleged COVID ...https://www.law.com/dailyreportonline/2023/05/30/landscaping-business-sues-accounting-firm-over-alleged-covid-19-scheme/ Intuit Expert BrandVoice: How Intuit Is Leveraging AI To Catapult The Role Of Tax And Bookkeeping Experts To Deliver Confidence Inspiring Customer Experiences           https://www.forbes.com/sites/intuit-expert/2023/05/23/how-intuit-is-leveraging-ai-to-catapult-the-role-of-tax-and-bookkeeping-experts-to-deliver-confidence-inspiring-customer-experiences/  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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/Future Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/FinDaily - https://findaily.io/ Benchmark Growth - https://marketingforaccountingfirms.com/mastermind/Forwardly - https://www.forwardly.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
6/14/20231 hour, 7 minutes, 18 seconds
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Building the Next Superapp with David Barrett, CEO of Expensify

David is a lifelong programmer who founded Expensify in 2008 and built it into the most popular "pre-accounting" platform on the planet. Hear David's vision for the New Expensify, in which every payment is a conversation.Meet Our Guest:David Barrett, CEO of Expensifyhttps://www.linkedin.com/in/davidmbarrett/Learn more about Expensifyhttp://expensify.comNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
6/9/202347 minutes, 24 seconds
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IRS Loses $10 Billion In Debt Ceiling Deal & Proof ChatGPT Massively Increases Productivity

Why AICPA's 12-point plan won't solve the CPA crisis; Earnings reports from Intuit, Sage, and Xero; Ramp adds AI features to spend management platform; why grads are ditching jobs at the Big Four; 70% of Gen Z employees would switch jobs for better tech, and more!SponsorsLiveFlow - https://cloudaccountingpodcast.promo/liveflowTech Guru - https://cloudaccountingpodcast.promo/techguruClient Hub - https://cloudaccountingpodcast.promo/clienthubChapters (00:00) - IRS Loses $10 Billion In Debt Ceiling Deal & Proof ChatGPT Massively Increases Productivity (00:52) - Welcome to the show (04:52) - Potential debt-ceiling deal cuts IRS funding by $10 billion (07:38) - Chat GPT made workers 37% faster at completing tasks (11:44) - Accounting Today has ChatGPT retake the CPA exam (16:36) - Number of people taking accountancy exams drops to lowest level in 17 years (19:23) - WSJ article on the accounting industry’s low starting pay problem (23:35) - The AICPA's 12-point plan to solve the accountant shortage (35:13) - Thetab.com article on why grads are ditching jobs at Big Four firms (38:13) - Update on the IRS's Free File tax system (41:18) - Let's talk about the Intuit earnings call (46:38) - Sage had their earnings call (48:43) - Ramp announces "Ramp Intelligence" (53:31) - Employee satisfaction reached an all-time high last year (55:33) - Gen Z employees would change jobs for better tech (01:01:34) - Wrap up and where to reach us. See you at AICPA Engage! Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesNew MIT Research Shows Spectacular Increase In White Collar Productivity From ChatGPT – JOSH BERSINhttps://joshbersin.com/2023/03/new-mit-research-shows-spectacular-increase-in-white-collar-productivity-from-chatgpt/ ChatGPT retakes CPA Exam as v4.0, passes | Accounting Todayhttps://www.accountingtoday.com/news/chatgpt-retakes-cpa-exam-as-v4-0-passes AICPA Council approves CPA pipeline plan | Accounting Todayhttps://www.accountingtoday.com/news/aicpa-council-approves-cpa-pipeline-plan 70% of Gen Z Employees Say They Would Switch Jobs for Better Tech: Weekly Stathttps://www.cfo.com/human-capital/workforce-management/2023/05/gen-z-gen-x-baby-boomer-millennials-technology-work-environments-productivity-work-life-balance/ AICPA details plans to boost CPA pipeline | Accounting Todayhttps://www.accountingtoday.com/news/aicpa-details-plans-to-boost-cpa-pipeline Overworked and underpaid: Why grads are ditching jobs at the Big Fourhttps://thetab.com/uk/2023/05/10/big-four-grad-scheme-whats-it-like-306634 The Future of AI in Finance is Here | Ramp Intelligencehttps://ramp.com/intelligence Numbers taking US accountancy exams drop to lowest level in 17 years | Financial Timeshttps://www.ft.com/content/e8dc2264-6b8d-4ed5-8bbd-e4a67e7d1e46 Avii Announces Significant Uplifts to Financial Modules In Avii ...https://www.businesswire.com/news/home/20230508005420/en/Avii-Announces-Significant-Uplifts-to-Financial-Modules-In-Avii-WorkspaceTM-Platform-for-Accounting-Firms Overworked and underpaid: Why grads are ditching jobs at the Big Fourhttps://thetab.com/uk/2023/05/10/big-four-grad-scheme-whats-it-like-306634 Sage Intact Launches Native AP Bill Automation to Cut Down on ...https://www.digitaljournal.com/pr/news/pr-zen/sage-intact-launches-native-ap-bill-automation-to-cut-down-on-invoice-processing-time Intuit Inc. (INTU) Q3 2023 Earnings Call Transcript              https://seekingalpha.com/article/4606883-intuit-inc-intu-q3-2023-earnings-call-transcript Intuit (INTU) Reports Q3 Earnings: What Key Metrics Have to Sayhttps://www.zacks.com/stock/news/2098768/intuit-intu-reports-q3-earnings-what-key-metrics-have-to-say ChatGPT retakes CPA Exam as v4.0, passes            https://www.accountingtoday.com/news/chatgpt-retakes-cpa-exam-as-v4-0-passes Xero reports 28% year-over-year growth https://www.accountingtoday.com/news/xero-reports-28-year-over-year-growth Pentagon Says Accounting Mistake Leaves U.S. With $3 Billion ...https://www.wsj.com/articles/accounting-error-leaves-pentagon-with-3-billion-more-in-arms-for-ukraine-u-s-says-6d6f4576 AICPA details plans to boost the CPA pipeline                https://www.accountingtoday.com/news/aicpa-details-plans-to-boost-cpa-pipeline AICPA releases expanded plan for addressing CPA pipeline ...https://www.journalofaccountancy.com/news/2023/may/aicpa-releases-expanded-plan-addressing-cpa-pipeline-challenges.html IRS to pilot free tax prep system in January            https://www.accountingtoday.com/news/irs-to-pilot-free-tax-prep-system-in-january Why Graduates Aren't Hot on Accounting Careers: Low Starting Pay ...https://www.wsj.com/articles/why-graduates-arent-hot-on-accounting-careers-low-starting-pay-onerous-testing-c05bf267 Software giant Sage strikes deal for US construction platform Coreconhttps://www.business-live.co.uk/technology/software-giant-sage-strikes-deal-26883546 Plan to accelerate talent pipeline solutions | Resources   https://www.aicpa-cima.com/resources/article/draft-plan-to-accelerate-talent-pipeline-solutions QuickBooks Connect Returning to Las Vegas in 2023https://www.intuitiveaccountant.com/education-hub/training-center/quickbooks-connect-returning-to-las-vegas-2023/ AICPA Council approves CPA pipeline plan              https://www.accountingtoday.com/news/aicpa-council-approves-cpa-pipeline-plan Intuit's (INTU) Q3 Earnings Beat Expectations, Sales Miss (Revised)https://finance.yahoo.com/news/intuits-intu-q3-earnings-beat-080700418.html The Sage Group plc (SGGEF) Q2 2023 Earnings Call Transcripthttps://seekingalpha.com/article/4605500-sage-group-plc-sggef-q2-2023-earnings-call-transcript Financial results announcements | Sage Investor Relationshttps://www.sage.com/investors/financial-information/results/ Sage Group 1H Revenue Beat Consensus as Underlying ARR Rose -- Earnings Reviewhttps://www.marketwatch.com/story/sage-group-1h-revenue-beat-consensus-as-underlying-arr-rose-earnings-review-daf93f65Get 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/Future Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/FinDaily - https://findaily.io/ Benchmark Growth - https://marketingforaccountingfirms.com/mastermind/  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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
6/1/20231 hour, 7 minutes, 53 seconds
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The AI Coming to Microsoft Products for Accountants with Ashley Francis, CPA

We're joined by Ashley the CPA (@seattle_tax) to talk about artificial intelligence coming soon to Microsoft products plus all the news you can use at the intersection of accounting and technology.SponsorsShareFile - https://cloudaccountingpodcast.promo/sharefileTech Guru - https://cloudaccountingpodcast.promo/techguruHelcim - https://cloudaccountingpodcast.promo/helcimChapters (00:00) - ChatGPT is only the beginning (01:17) - Introduction and welcome Ashley to the show (03:06) - Microsoft Copilot updates (09:02) - A new Microsoft Teams is coming (11:05) - Report from Microsoft says meetings are the #1 productivity killer (16:21) - A very small percentage of accountants are using these tools (20:52) - How is consistency with AI? (23:04) - Personalized training for these AI's (33:50) - ChatGPT ads plugins (37:22) - TurboTax is adding AI (42:20) - Why should you learn AI now? (48:18) - Tell us about your newsletter Ashley (58:13) - Blake asks ChatGPT to book him a flight (01:01:47) - Wrap up and where to reach us Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesMicrosoft Crunches Some Data to Find Out Teams is the Biggest Productivity Killer at Workhttps://www.goingconcern.com/microsoft-crunches-some-data-to-find-out-teams-is-the-biggest-productivity-killer-at-work/ The No. 1 workplace distraction that kills productivity, according to Microsofthttps://www.cnbc.com/2023/05/09/the-no-1-workplace-distraction-that-kills-productivity-according-to-microsoft.html Meet our Guest, Ashley Francis, CPALinkedIn: https://www.linkedin.com/in/ashley-francis-0115073/Website: https://kitchentableautomations.substack.com/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/Future Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/FinDaily - https://findaily.io/ Benchmark Growth - https://marketingforaccountingfirms.com/mastermind/ 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
5/30/20231 hour, 8 minutes, 19 seconds
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Every Payment Is A Conversation #ExpensiCon

We're back from ExpensiCon in Italy with thoughts on Expensify's future and the future of spend management; a report from Kristen Keats at Accounting Today's Firm Growth Forum conference; ChatGPT coming soon to a Wendy's drive-thru near you!SponsorsCCH Access - https://cloudaccountingpodcast.promo/axcessSuiteFiles - https://cloudaccountingpodcast.promo/suitefilesClient Hub - https://cloudaccountingpodcast.promo/clienthubChapters (00:25) - Every Payment Is A Conversation (01:11) - Blake and David are back from Italy (05:01) - Let’s talk about ExpensiCon (10:09) - The original Expensify and ExpensiCon (12:36) - The new Expensify they're building (18:12) - Expensify is adding great tech support (25:14) - The future of Expensify (30:13) - How much do we think this event cost and playing the long game (41:24) - Some general observations on Italy (49:04) - Kristen Keats checks in from Accounting Today's conference (56:34) - Let's hear some listener reviews of CAP (57:16) - Is AI encouraging or discouraging for accountants and jobs? (01:01:45) - Wendy's Fresh AI (01:04:13) - ChatGPT 4 passes CPA exam (01:05:36) - Wrap up and where to reach us Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesExpensify Launches Transactional Chat for Accountants - Business Wirehttps://stocks.apple.com/ATL9AZYOSSKO_4jLMtB30pA Wendy’s to Launch AI-Powered Drive-Thru Service             https://smallbiztrends.com/2023/05/ai-drive-thru-wendys-google-cloud.html What if AI could rebuild the middle class? : Planet Money : NPRhttps://www.npr.org/sections/money/2023/05/09/1174933574/what-if-ai-could-rebuild-the-middle-classGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/Future Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/FinDaily - https://findaily.io/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
5/25/20231 hour, 11 minutes, 44 seconds
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ChatGPT Was Set Up To Fail The CPA Exam

Accounting Today said ChatGPT failed the CPA Exam — here's why that's misleading; a WSJ reporter clones herself with AI and tricks her bank and family; TurboTax tops the TV ads for tax year 2022; Audit firms remove partners who fault clients' internal controls; 80 percent of BDO Alliance partners vote to eliminate or modify the 150-hour ruleSponsorsShareFile - https://cloudaccountingpodcast.promo/sharefileCCH Axcess - https://cloudaccountingpodcast.promo/axcessSuiteFiles - https://cloudaccountingpodcast.promo/suitefilesChapters (00:00) - ChatGPT Was Set Up To Fail The CPA Exam (00:30) - Does the accounting profession give your life meaning? (01:00) - Welcome to the show, David is on the road this week (04:49) - Accounting Today says ChatGPT completely failed CPA exam (07:48) - Blake ran some of his own tests with GPT-4 and takeaways people should get from this article (13:23) - WSJ article on the potential of AI and fraud (15:09) - Blake plays clips of Joanna's voice cloned compared to her actual voice (18:28) - TechCrunch article on Intuit's AI journey (23:35) - Accounting Today article on firms removing audit partners from engagements where they found internal control problems (28:41) - Accounting Today: PCAOB turns up the heat on auditing firms (32:20) - Three failed banks all had KPMG in common (38:26) - Which brands spent the most money on ads around tax day 2023? (41:30) - TurboTax starts sending out checks as part of "free free free" settlement (42:58) - Listener email about the 150 hour rule and underpaid CPAs (46:57) - BDO Alliance poll results on the 150 hour requirement (50:29) - Blake buys MedEvac insurance for the first time (53:09) - Some quick app news roundup (58:33) - Wrap up and where to reach us Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesKPMG pens deal with MindBridge to apply AI to digital audits | Accounting Todayhttps://www.accountingtoday.com/news/kpmg-pens-deal-with-mindbridge-to-apply-ai-to-digital-audits We ran the CPA exam through ChatGPT and it failed miserably | Accounting Todayhttps://www.accountingtoday.com/news/we-ran-the-cpa-exam-through-chatgpt-and-it-failed-miserably I Cloned Myself With AI. She Fooled My Bank and My Family.        https://www.wsj.com/articles/i-cloned-myself-with-ai-she-fooled-my-bank-and-my-family-356bd1a3 Audit firms remove partners who fault clients' internal controls | Accounting Todayhttps://www.accountingtoday.com/news/audit-firms-remove-partners-who-fault-clients-internal-controls BDO Alliance poll of managing partners on 150-hour rulehttps://twitter.com/BlakeTOliver/status/1654553693830914048 TurboTax customers to receive checks for $141M settlement        https://apnews.com/article/turbotax-inuit-settlement-checks-mail-0c01cf25aa34693163886d135f7a6560Accounting automation developer Gappify scores $10mhttps://fintech.global/2023/05/02/accounting-automation-developer-gappify-scores-10m/             Intuit’s shifthttps://techcrunch.com/2023/04/27/intuit-ai-shift/ Hundreds Of Tax Prep Services Hit The Airwaves Before April https://www.insideradio.com/free/hundreds-of-tax-prep-services-hit-the-airwaves-before-april-18/article_b59beb46-e5a2-11ed-a08f-d7b730e240b8.html We had ChatGPT take the CPA exam — and it failed           https://www.accountingtoday.com/news/we-ran-the-cpa-exam-through-chatgpt-and-it-failed-miserably ChatGPT Just Failed This Accounting Examhttps://www.digitalinformationworld.com/2023/04/chatgpt-just-failed-this-accounting-exam.html Accounting clerk created original art on billing statements to help a patient healhttps://www.cbsnews.com/video/accounting-clerk-created-original-art-on-billing-statements-to-help-a-patient-heal/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/Future Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/FinDaily - https://findaily.io/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
5/16/20231 hour, 3 minutes, 41 seconds
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AI You Can Use Today In Accounting (with Giles Pearson)

Matt Rissell of TSheets dead in apparent murder-suicide; a review of the AI features you can use right now in Client Hub, Canopy, Karbon, Financial Cents and... Sturppy?; This week's guest: Giles Pearson, CEO of AccountestsSponsorsOnPay - https://cloudaccountingpodcast.promo/onpayRelay - https://cloudaccountingpodcast.promo/relayTech Guru - https://cloudaccountingpodcast.promo/techguruChapters (00:00) - Have your AI contact my AI (00:21) - Introduction and thoughts on the horrible news of Matt Rissell
 (06:18) - Some of the history of TSheets
 (12:36) - Practical application of Chat GPT and AI
 (20:10) - Giles was a partner at PwC
 (25:46) - Blake check on the live chat discussion (00:50) - David has used ChatGPT to create and organize his calendar appointments
 (30:43) - Let's look at Client Hub using their AI integration to help create tasks
 (35:09) - Lets see how Canopy can help you draft emails
 (37:51) - What Karbon has done with email
 (44:48) - Is Giles using AI for anything?
 (45:42) - Financial Sense integrates with ChatGPT
 (47:52) - Expensify's genius AI blog post
 (49:40) - Sturppy's AI virtual CFO (00:30) - Wrap up and where to reach everyone
 (57:07) - Congressional letter written about AI to create tax scams
 (58:56) - Where to learn more about Accountest and follow Giles Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesKarbon AI | Karbon         https://karbonhq.com/feature/ai/ Founder of TSheets Dies in Self-Inflicted Shootinghttps://www.cpapracticeadvisor.com/2023/05/04/founder-of-tsheets-dies-in-self-inflicted-shooting/79360/ Senators want IRS to stop AI-generated tax scamshttps://www.accountingtoday.com/news/senators-want-irs-to-stop-chatgpt-generated-ai-tax-scams “What is the Best Expense Management App?” according to ChatGPT?https://blog.expensify.com/2023/05/02/what-is-the-best-expense-management-app-according-to-chatgpt/ TSheets founder Rissell dead after what police call attempted murder/suicide in Eagle homehttps://boisedev.com/news/2023/05/04/matt-rissell-dead/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/Future Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/FinDaily - https://findaily.io/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
5/9/20231 hour, 3 minutes, 13 seconds
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Earmark Media Presents: Crypto With Accountants

In this episode, Pat White and Rafael Casas interview Mackenzie Patel, CEO of Hash Basis, a crypto-native accounting firm based in San Francisco. Mackenzie shares her accounting background and how she got into crypto accounting. They also discuss the challenges of revenue accounting in crypto and the emerging trend of specialized crypto accounting.Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE for listening to this episode.Checkout the Bitwave channel on Earmark to get even more CPEChapters (00:00) - Preview: What does Hash Basis do? (00:50) - Introduction and welcome Mackenzie to the show (02:04) - A little bit of Mackenzie's background (04:24) - Did you instantly love accounting? (10:39) - What did you do after college? (11:47) - What does revenue accounting look like in crypto? (13:58) - Are you seeing more accountants who specialize in crypto accounting? (18:32) - How did you get into crypto specifically? (20:40) - Can you walk us through some fundamentals of crypto accounting? (28:31) - What is streaming payroll and payments? (31:53) - What resources do you do to stay up to date on crypto and crypto accounting? (34:51) - FASB guidance has come out (35:31) - What do you think about wrapped tokens now being counted as impaired? (42:08) - Tell us about your new company, Hash Basis (44:14) - Mackenzie will be speaking at EDAS (46:13) - Thanks for listening and please subscribe for new episodes Connect with our guest, Mackenzie Patellinkedin.com/in/mackenziepatel/twitter.com/maccbasisConnect with Patlinkedin.com/in/patwhitetwitter.com/patwhiteConnect with Rafaellinkedin.com/in/rafaelcasastwitter.com/RafaelCasasBWFollow the Crypto With Accountants Podcastfacebook.com/CryptoAcctsPodtwitter.com/CryptoAcctsPodlinkedin.com/showcase/cryptoacctspodLeave a review on Apple Podcasts or PodchaserSubscribe to the Crypto With Accountants Podcast in your favorite podcast app!This podcast is a production of the Earmark Media
5/5/202347 minutes, 56 seconds
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Accountant Shortage Causing Negative City Credit Scores (live from Padgett REtreat)

Raising prices is a priority; NASBA extends time to complete CPA exam; Canopy now writes emails with AI; PwC to invest $1 billion in AI; staff not allowed to go to conferencesSponsorsCCH Axcess - https://cloudaccountingpodcast.promo/axcessZoho - https://cloudaccountingpodcast.promo/zohoKeeper - https://cloudaccountingpodcast.promo/keeperChapters (00:05) - Preview: Accounting is in a bad place (02:58) - We launched the Federal Tax Updates Podcast with Padgett and welcome to our guests (07:27) - Amanda, why was this tax season harder than last? (09:13) - Tell us more about the Padgett REtreat (10:41) - What are some ways to think about raising your prices? (13:44) - The accounting shortage is affecting cities getting credit scores (22:36) - NASBA extends the time to take the CPA exam to 30 months (24:48) - AI and its future in accounting (27:09) - Canopy integrates ChatGPT into their suite (29:09) - PWC to invest $1 billion over the next 3 years in AI (33:10) - How long do you think until smaller and midsize firms will be using AI (35:14) - Lili Bank promises one-button accounting (46:17) - Listener mail about staff not being given chances to go to conferences (49:02) - Are accounting students set up only for the benefit of the Big 4 firms? (53:16) - Wrap up and thanks for listening Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesChatGPT Fails When It Comes to Accounting, Finds Major Studyhttps://www.latestly.com/technology/chatgpt-fails-when-it-comes-to-accounting-finds-major-study-5078092.htmlKPMG Joins MindBridge in Global Launch of AI-Assisted Audit Techhttps://news.bloombergtax.com/financial-accounting/kpmg-joins-mindbridge-in-global-launch-of-ai-assisted-audit-techWhat Microsoft’s Dynamics GP Announcement Means for the User Communityhttps://dynamicscommunities.com/ug/dynamics-gp-ug/what-microsofts-dynamics-gp-announcement-means-for-the-user-community/ ChatGPT is still no match for humans when it comes to accounting             https://phys.org/news/2023-04-chatgpt-humans-accounting.html Lili Claims Super App Status With New Accounting Platformhttps://www.pymnts.com/smbs/2023/lili-claims-super-app-status-with-new-accounting-platform/ Leading Financial Platform, Lili, Launches 'Lili Smart' to Integrate ...https://www.businesswire.com/news/home/20230418005500/en/Leading-Financial-Platform-Lili-Launches-%E2%80%98Lili-Smart%E2%80%99-to-Integrate-and-Consolidate-Accounting-Services-into-Small-Business-Banking KPMG signs AI deal to improve audit transparency            https://www.accountancydaily.co/kpmg-signs-ai-deal-improve-audit-transparency NASBA extends time to complete the CPA exam to 30 monthshttps://www.accountingtoday.com/news/nasba-extends-time-to-complete-the-cpa-exam-to-30-months Accounting Bachelors Degree Requirements: What You Need to Knowhttps://seaver.pepperdine.edu/blog/posts/accounting-bachelors-degree-requirements-what-you-need-to-know.htm ChatGPT: How AI will change law, finance, accounting and property ...       https://www.afr.com/work-and-careers/workplace/how-chatgpt-will-change-these-four-industries-20230328-p5cvzx Canopy Launches ChatGPT AI in Accounting Practice Management Softwarehttps://www.einnews.com/pr_news/629260399/canopy-launches-chatgpt-ai-in-accounting-practice-management-software Accountant shortage hurts city credit scores         https://fortune.com/2023/04/21/accountant-shortage-affecting-city-credit-scores/ Technology News | ⚡Study Finds ChatGPT No Match for Human When It Comes to Accountinghttps://www.latestly.com/quickly/technology/study-finds-chatgpt-no-match-for-human-when-it-comes-to-accounting-5078092.html PwC Stakes $1 Billion on AI Investments in Tax, Consulting Workhttps://news.bloombergtax.com/financial-accounting/pwc-us-partners-with-microsoft-in-1-billion-ai-investmentGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/Future Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
5/3/20231 hour, 1 minute, 26 seconds
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What AI Will Automate In Accounting with Erica Goode, CPA

FTX had 80,000 transactions in Ask My Accountant; the crazy cost accounting behind EY's failed breakup; using ChatGPT for financial statement analysis; what the tech world thinks AI will automate in accounting and more!SponsorsLiveFlow - https://cloudaccountingpodcast.promo/liveflowChapters (00:00) - CAP 329 (00:39) - PREVIEW: How ChatGPT saved Erica (01:09) - Introduction (07:48) - FTX had 80,000 transactions in Ask My Accountant (12:04) - Blake plays a clip from the All-In podcast on AI accounting (17:25) - ChatGPT vs real accountants and students on tests (25:48) - Hector Garcia's example of using ChatGPT for analysing financial statements (31:24) - Is Erica using ChatGPT at all in her firm? (36:18) - EY breakup news (42:13) - Donna's voicemail on her sons college tour and accounting majors (48:18) - Deloitte kicks off program for high school students to earn accounting credits (49:29) - Can AI help save education? (52:48) - The IRS shows customer service improvements in 2023 (54:22) - Are accountants actually experiencing a better tax season? (01:01:49) - Crazy MYOB commercial (01:03:41) - Wrap up and where to reach everyone Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesBlake Oliver on Twitter: "My speaking session was selected for #Expensicon”https://twitter.com/BlakeTOliver/status/1649440639355097088 SURVEY: Busy Season Looking Good - CPA Trendlines         https://cpatrendlines.com/2023/04/10/survey-busy-season-looking-good/ EY Confronts Slowing Growth After Breakup Deal Fails - WSJ          https://www.wsj.com/articles/ey-confronts-slowing-growth-after-breakup-deal-fails-9442c85d Magic Workflow: AI-Powered Workflow and Process Generator   https://clienthub.app/blog/new-feature-magic-workflowai-powered-workflow-and-process-generator/ Ernst & Young has axed its plan for a split of its auditing and consulting arms, marking a dramatic and costly retreat                https://www.wsj.com/articles/ernst-young-halts-breakup-plan-bd2e2fa0Is that the IRS with your refund? No, it's a ChatGPT scamhttps://www.politico.com/newsletters/weekly-tax/2023/04/17/is-that-the-irs-with-your-refund-no-its-a-chatgpt-scam-00092169 Taylor Swift avoided $100 million FTX deal with securities question: lawyer https://www.businessinsider.com/taylor-swift-avoided-100-million-ftx-deal-with-securities-question-2023-4 ChatGPT less than 50% accurate in accounting exams, study finds https://www.accountancyage.com/2023/04/21/chatgpt-less-than-50-accurate-in-accounting-exams-study-finds/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFuture Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
4/27/20231 hour, 11 minutes, 44 seconds
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Accounting Fraud Indicator Signals Economic Trouble

The M-Score is warning that the chance of fraud is the highest in over 40 years; Did KPMG fail to issue a critical audit matter for Silicon Valley Bank?; The spreadsheet apocalypse, revisited; Former startup founder charged by prosecutors for defrauding JPMorgan Chase; EY split fails; watch out for AI voice cloning scams; and more!SponsorsOh My Fraud - https://ohmyfraud.com/Relay - https://cloudaccountingpodcast.promo/relayClient Hub - https://cloudaccountingpodcast.promo/clienthubChapters (00:00) - Preview: Incentives to allow fraudulent users (00:52) - Introduction and welcome to the show (03:51) - WSJ reports fraud indicator "M" score is up (08:52) - Should KPMG have issued a critical audit matter for SVB? (16:13) - EY no longer to split off auditing (18:36) - JPMorgan defrauded for $175 million by startup founder (23:10) - CPA in Bakersfield stole $355,000 from investors (24:20) - Block accused of allowing fake accounts to boost their user growth numbers (27:37) - Square is changing their refund policy to not refund processing fees (28:52) - A few new Intuit announcements (31:55) - Security risks with AI and voice cloning is happening in real life (35:42) - Microsoft Loop (40:23) - Nicholas asks for recs for CPAs who want to start their own small firm (46:54) - Michael's email about barriers to CPA (48:26) - Corey from Minnesota CPA Society shares message and website with resources (49:31) - Will AI attract or detract more people to the accounting profession? (57:54) - Blake co-wrote an article for CPA Practice Advisor (01:02:35) - Wrap up and where to reach us Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesIntuit QuickBooks Launches Rest-of-World App Store - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2023/04/11/intuit-quickbooks-launches-rest-of-world-app-store/78582/ EY’s leaders missed a brewing revolt at the firm’s biggest operation. Soon, their deal was scuttledhttps://www.wsj.com/articles/ey-breakup-plan-doomed-by-miscalculations-and-powerful-opponents-61b7e02d ‘I’ve got your daughter’: Scottsdale mom warns of close call with AI voice cloning scamhttps://www.azfamily.com/2023/04/10/ive-got-your-daughter-scottsdale-mom-warns-close-encounter-with-ai-voice-cloning-scam/ Bond losses such as those at Silicon Valley Bank could have been raised as “critical audit matters”—a measure designed to help investors decode risks and uncertainties buried in financial statementshttps://www.wsj.com/articles/auditors-didnt-flag-risks-building-up-in-banks-6506585c Former Start-Up Founder Charged by Prosecutors for Defrauding JPMorgan Chasehttps://www.nytimes.com/2023/04/04/business/charlie-javice-jpmorgan-fraud.html The Spreadsheet Apocalypse, Revisited [Chart]https://twitter.com/johnnosta/status/1641586085640695810?s=12 The M-Score is warning that the chance of fraud at major companies is the highest in over 40 years, writes Numbers columnist @JoshZumbrunhttps://www.wsj.com/articles/accounting-fraud-indicator-signals-coming-economic-trouble-506568a0 New Microsoft Loop app is built for co-creation | Microsoft 365 Bloghttps://www.microsoft.com/en-us/microsoft-365/blog/2023/03/22/new-microsoft-loop-app-is-built-for-modern-co-creation/ Shares of the payments company formerly known as Square fell more than 20% in early trading Thursday after a short seller questioned the company’s user numbers and accused it of predatory tacticshttps://www.wsj.com/articles/short-seller-hindenburg-says-jack-dorseys-payments-company-inflates-user-numbers-f3216466 Startup CEO charged in $175 million fraud case        https://abcnews.go.com/Business/startup-ceo-charged-175-million-fraud-case/story?id=98363900 Our Obsession with Hours Is Destroying the Accounting Professionhttps://www.cpapracticeadvisor.com/2023/04/12/our-obsession-with-hours-is-destroying-the-accounting-profession/78643/ Accounting firm EY calls off 'Project Everest' to break up firmhttps://www.bbc.com/news/65247525 Intuit QuickBooks Launches Rest-of-World App Storehttps://www.cpapracticeadvisor.com/2023/04/11/intuit-quickbooks-launches-rest-of-world-app-store/78582/ Intuit Mailchimp Launches Email Content Generatorhttps://www.destinationcrm.com/Articles/ReadArticle.aspx?ArticleID=158086 Mailchimp’s new GPT-powered AI tool can write marketing emailshttps://www.fastcompany.com/90877547/mailchimp-gpt-powered-tool-can-write-marketing-emailsGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/Future Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
4/19/20231 hour, 7 minutes, 50 seconds
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Top Five TikTok Tax Myths (Guest: Heidi Henderson)

We’re joined by Heidi Henderson, EVP at Engineered Tax Services, for our weekly roundup of news at the intersection of accounting and technology. Topics include: How the IRS plans to spend $80 billion over the next 10 years; the top five TikTok tax myths; security issues with AI chatbots; CLA voices support for MNCPA’s 150-hour alternative; why revenue is up 20% in the top 100 firms, and more!SponsorsZoho - https://cloudaccountingpodcast.promo/zohoLiveFlow - https://cloudaccountingpodcast.promo/liveflowClient Hub - https://cloudaccountingpodcast.promo/clienthubChapters (00:00) - CAP 327 (00:24) - PREVIEW: Breast implants are a tax write off? (01:08) - Welcome Heidi Henderson to the show and some background (06:36) - How did you get into tax credits? (08:32) - Heidi's take on ERC mills (11:56) - How will the IRS spend their $80 billion? (13:59) - Breakdown on how the IRS plans to spend that money (24:01) - Tax advice from TikTok (34:39) - What is the accounting pro's role in advising a client on taxes (37:47) - Accounting Today's April Fools Day post (39:40) - Minnestoa CPA Society gets a big supporter in CLA on the 150 rule (45:39) - Should we move the tax deadlines? (49:56) - SBF student fund for improving humanity has run dry (51:06) - Revenue for the top 100 firms was up almost 20% (54:54) - What impact will AI make on accounting? (01:01:11) - What are the potential risks of AI for accountants (01:05:38) - Wrap up and where to reach everyone Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesThe accounting pipeline: 'Above all, try something'https://www.accountingtoday.com/opinion/the-accounting-pipeline-above-all-try-something ChatGPT Took Our CPA Public Accounting Test – Accountests Australiahttps://www.au.accountests.com/blogs/news/chatgpt-took-our-cpa-public-accounting-test The IRS reveals how it will spend its $80B               https://www.accountingtoday.com/news/the-irs-reveals-how-it-will-spend-its-80b GPT Predicts Which Jobs the AI will replacehttps://www.reddit.com/r/Futurology/comments/128xl05/gpt_predicts_which_jobs_the_ai_will_replace/ CLA backs changes in 150-hour CPA requirement              https://www.accountingtoday.com/news/cla-backs-changes-in-150-hour-cpa-requirement File your taxes in 10 minutes? TurboTax says it’s possible with AI-powered ‘express lanes’https://www.fastcompany.com/90875480/turbotax-irs-ai-file-taxes-phone-fast-lane Collapse of FTX deprives academics of grants, stokes fears of forced repaymenthttps://www.reuters.com/technology/collapse-ftx-deprives-academics-grants-stokes-fears-forced-repayment-2023-04-06/ The Problem With the IRS Vow to Avoid Stepping Up Audits of Earners Under $400,000https://www.wsj.com/articles/the-problem-with-the-irs-vow-to-avoid-stepping-up-audits-of-earners-under-400-000-6ffa5185 Healthy Wealthy & Wise Accountants     https://healthywealthywise.show/5 Three ways AI chatbots are a security disaster  | MIT Technology Reviewhttps://www.technologyreview.com/2023/04/03/1070893/three-ways-ai-chatbots-are-a-security-disaster/ Accounting firm sets retirement age at 85 to avert staffing crisis | Accounting Todayhttps://www.accountingtoday.com/opinion/accounting-firm-sets-retirement-age-at-85-to-avert-staffing-crisis CLA backs changes in 150-hour CPA requirement | Accounting Todayhttps://www.accountingtoday.com/news/cla-backs-changes-in-150-hour-cpa-requirement The IRS reveals how it will spend its $80B | Accounting Todayhttps://www.accountingtoday.com/news/the-irs-reveals-how-it-will-spend-its-80b ChatGPT Took Our CPA Public Accounting Test – Accountests Australiahttps://www.au.accountests.com/blogs/news/chatgpt-took-our-cpa-public-accounting-testConnect with Heidi HendersonWebsite: http://engineeredtaxservices.comLinkedIn: https://www.linkedin.com/in/heidihendersonets/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/Future Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
4/12/20231 hour, 11 minutes, 6 seconds
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Accounting Salaries on the Rise with Adrienne Gonzalez of Going Concern

Using ChatGPT to audit; accounting salaries on the rise; misclassification of expenses at heart of Trump indictment; church sued for forcing employees to tithe; here's what you can do to help the accountant shortage; a dating sim that does your taxes; half of U.S. workers earn money from a side gig; CEOs quietly backtracking on remote work; where all the SVB depositor money wentSponsorsOnPay - https://cloudaccountingpodcast.promo/onpayZoho - https://cloudaccountingpodcast.promo/zohoKeeper - https://cloudaccountingpodcast.promo/keeperChapters (00:00) - CAP 326 (00:23) - Preview: Where does hush money go on the GL? (00:57) - Welcome Adrienne to the show (03:14) - What impact will ChatGPT have on accounting? (08:39) - Accountant salaries are rising (11:17) - Blake checks in on the live stream chat (14:06) - CFO Dive study with Open AI on productivity boost and some of tech concerns with AI in general (17:54) - WSJ article on jobs most exposed to ChatGPT (22:31) - Adrienne saved 150 hours automating a task for Going Concern (25:35) - Intuit survey of accountants (29:18) - The Trump indictment (33:32) - Kirkland Chruch forced employees to donate 10% of salary to chruch (36:24) - Back to AGI talk and will it take our jobs? (47:24) - Going Concern article on dating sim game for taxes (53:58) - Automating your job and having a side gig (55:36) - CEO's are starting to backtrack on remote work (59:22) - Follow up with Silicon Valley Bank (01:03:08) - Relay is now the official banking partner of Profit First (01:04:56) - Wrap up and where to reach everyone Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Show NotesA dating sim that does your taxes: https://taxheaven3000.com/ The Accountant Shortage is So Bad Anime Waifu Girlfriends Are Taking Up Tax Prep Now - Going Concern               https://www.goingconcern.com/anime-dating-sim-tax-prep-game/Accountants are using technology to level up their businesses     https://quickbooks.intuit.com/r/small-business-data/accountant-tech-survey-2023/ Where Did Startups Put Their SVB Cash?  At JP Morgan Chase      https://www.saastr.com/where-did-startups-put-their-svb-cash-at/ Want to Do Your Part to Help the Accountant Shortage? Here’s What You Can Do Right Nowhttps://www.goingconcern.com/want-to-do-your-part-to-help-the-accountant-shortage-heres-what-you-can-do-right-now/ Meta, Microsoft, and Disney are reversing their bets on the metaversehttps://finance.yahoo.com/news/meta-microsoft-disney-reversing-bets-123000778.html Math Teachers Stage a Calculated Protesthttps://www.washingtonpost.com/archive/local/1986/04/04/math-teachers-stage-a-calculated-protest/c003ddaf-b86f-4f2b-92ca-08533f3a5896/ 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) 695-1040 Need Accounting Conference Info? Check out our new website - accountingconferences.com Limited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/Future Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/ 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 link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
4/5/20231 hour, 11 minutes, 50 seconds
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Earmark Media Presents: Federal Tax Updates

The Federal Tax Updates podcast is a recent addition to the Earmark Media network of accounting-focused podcasts. In this episode, Roger and Annie discuss the most recent IRS updates and recommendations for tax preparers dealing with the surge of inaccurate ERC claims. They also provide some detailed insights into filing extensions for clients.Want to hear more Federal Tax Updates episodes? Listen and subscribe at federaltaxupdates.com Follow the Federal Tax Updates podcast on Social Media:twitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpod
3/30/202352 minutes, 8 seconds
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SC Comptroller Steps Down After $3.5 Billion Error (Guest: Terrell Turner)

This Week's Guest: Terrell Turner, CPA; 85% of MNCPA members working in public accounting support an alternative to 150 hours; The Silicon Valley Bank Balance Sheet Time Bomb "Sitting In Plain Sight"; Senator Warren complains to PCAOB about sham crypto "audits"; JPMorgan Chase’s nickel bags turn out to be full of stones; PwC introduces AI chatbot for 4,000 lawyers to speed up work; Xero kills WorkflowMaxSponsorsSuiteFiles - https://cloudaccountingpodcast.promo/suitefilesZoho - https://cloudaccountingpodcast.promo/zohoKeeper - https://cloudaccountingpodcast.promo/keeperChapters (00:00) - Cloud Accounting Podcast Episode 325 (00:26) - Preview: Accountants aren't eating their own dog food (01:10) - Introduction and welcome Terrell Turner to the show (03:31) - What does Terrell's practice do and who do they serve? (05:11) - South Carolina's comptroller resigns due to $3.5 billion error (11:30) - Blake and David talked to Linda about alternative CPA pathway (15:37) - Blog Post on NASBA website on CPA pipeline problem (19:11) - Are salaries the bigger issue? (21:24) - Clip from the Financial Executive podcast (27:15) - A little bit about Sillicon Valley Bank (43:07) - The issue with non-profits finding auditors and throwing accountants under the bus (48:02) - Elizabeth Warren writes letter to PCAOB about scam crypto "audits" (49:32) - JPMorgan Chase's nickel bags turn out to be full of stones (51:33) - OpenAI is connecting ChatGPT to the internet (01:02:11) - Xero kills WorkflowMax (01:03:54) - PwC introduces AI chatbot for 4,000 lawyers to speed up work (01:10:23) - Wrap up and where to reach Terrell, Blake, & David Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comEarn CPE for listening to podcasts with Earmark CPE: https://earmarkcpeTranscriptThe transcript of this episode is available by clicking on the Transcript tab at the top of this page.Show NotesTexas Close to Allowing CPA Candidates to Test with 120 Creditshttps://www.cpapracticeadvisor.com/2023/03/22/texas-close-to-allowing-cpa-candidates-to-test-with-120-credits/78123/ South Carolina's Top Accountant to Step Down After $3.5 Billion Errorhttps://www.cpapracticeadvisor.com/2023/03/23/south-carolinas-top-accountant-to-resign-after-3-5-billion-error/78209/ MNCPA to Educators: "We Do Not Need New CPAs Who Have Additional College Credits; We Need More CPAs, Period."               https://www.goingconcern.com/mncpa-to-educators-we-do-not-need-new-cpas-who-have-additional-college-credits-we-need-more-cpas-period/ Banks and investors are reviving a push for changes to securities accounting after the SVB collapsehttps://www.wsj.com/articles/banks-investors-revive-push-for-changes-to-securities-accounting-after-svb-collapse-99caa9ce PwC introduces AI chatbot for 4,000 lawyers to speed up workhttps://gulfbusiness.com/pwc-introduces-ai-chatbot-for-4000-lawyers/ The More Things Change, the More They Stay the Same: Addressing the CPA Pipeline Crisis | NASBAhttps://nasba.org/blog/2023/03/14/addressing-the-cpa-pipeline-crisis/ QuickBooks leans into AI in 2023 | Accounting Todayhttps://www.accountingtoday.com/news/quickbooks-plans-to-go-all-in-on-ai-in-2023 SVB's balance-sheet time bomb was 'sitting in plain sight' https://www.accountingtoday.com/articles/svbs-balance-sheet-time-bomb-was-sitting-in-plain-sight-short-seller-saysGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/Future Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 
3/28/20231 hour, 15 minutes, 46 seconds
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Broadening Pathways to CPA with MNCPA President Linda Wedul

Join us for an exclusive interview with Linda Wedul from the MNCPA! We'll dive deep into the pressing issues surrounding the 150-hour rule, the talent shortage facing CPA firms in Minnesota, and how MNCPA is exploring alternative pathways to licensure. Tune in as we explore innovative solutions for keeping the CPA career path competitive and bridging the gap for aspiring professionals.Broadening Pathways to the CPA Credential: https://www.mncpa.org/involvement/legislative/broadening-pathways-to-cpa/Meet Our Guest, Linda WedulLinkedIn: https://www.linkedin.com/in/lindawedul/Learn more about the Minnesota Society of CPAshttp://mncpa.orgNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
3/27/202338 minutes, 54 seconds
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Heat Is On SVB Auditors & Hot Takes From A Tax Lawyer (Guest: Matt Foreman)

Matt Foreman explains what tax lawyers do; KPMG in the spotlight for signing off on SVB's books; digital bank apps benefit from SVB collapse; CLA launches paid high school accounting internships; Zoho's 10 most-installed CRM extensions of 2022; accounting talent shortage may cause city credit ratings to dropSponsorsSoftledger - https://cloudaccountingpodcast.promo/softledgerLiveFlow - https://www.cloudaccountingpodcast.promo/liveflowKeeper - https://www.cloudaccountingpodcast.promo/keeperNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - CAP 324 (00:17) - Preview: The job of a lawyer in setting up businesses (00:49) - Introduction and welcome Matt to the show (04:18) - What does a tax lawyer do? (09:08) - What do you do for me as a client? (13:26) - What is the biggest mistake you see businesses make? (18:15) - The IRS is underfunded (23:08) - How often and when are clients meeting with Matt? (25:28) - How will the IRS ever agree how to spend their $80 billion (31:19) - Digital bank apps have benefited from SVB collapse (35:46) - Auditors under scrutiny for SVB collapse (39:16) - Blake's take on why auditors aren't the ones to blame (45:11) - Ron Baker's audit insurance idea (50:19) - CLA launches paid high school accounting internships (51:34) - Zoho lists their 10 most installed CRM extensions of 2022 (53:58) - Accounting talent shortage can cause city credit ratings to drop (01:00:17) - Wrap up and how to reach everyone Show Notes10 most-installed Zoho CRM extensions of 2022 https://www.zoho.com/blog/marketplace/10-most-installed-Zoho-CRM-extensions-of-2022.htmlSVB and Signature Bank Passed KPMG Audits Days Before Collapses https://www.pymnts.com/digital-first-banking/2023/svb-and-signature-bank-passed-kpmg-audits-days-before-collapses/CLA Launches Paid High School Accounting Internships in 15 ...https://www.cpapracticeadvisor.com/2023/03/14/cla-launches-paid-high-school-accounting-internships-in-15-locations/77932/For Banks, Guaranteeing 100% of Everyone’s Money Threatens Moral Hazard https://www.pymnts.com/news/regulation/2023/for-banks-guaranteeing-100percent-of-everyones-money-threatens-moral-hazard/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/Future Firm Accelerate - https://futurefirmaccelerate.com/cap Uncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
3/22/20231 hour, 4 minutes, 16 seconds
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Two Big AI Developments for Accountants

We're talking about the release of GPT-4 and Microsoft's Copilot built into Office 365. Both will have a huge impact on accountants in the near future. Tune in to learn how!Show Notes:  Introducing Microsoft 365 Copilot | Microsoft 365 Bloghttps://www.microsoft.com/en-us/microsoft-365/blog/2023/03/16/introducing-microsoft-365-copilot-a-whole-new-way-to-work/GPT-4 Developer Livestream - YouTubehttps://www.youtube.com/watch?v=outcGtbnMuQOpenAI releases GPT-4, artificial intelligence that can 'see' and do taxeshttps://www.nbcnews.com/tech/tech-news/openai-gpt-4-rcna74916Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd 
3/18/202344 minutes, 10 seconds
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CPA Crisis: NASBA CEO Ken Bishop On The 150-Hour Rule & Accounting Talent Crisis

Join us for a conversation with Ken Bishop, President and CEO of NASBA, as he shares his insights into the shrinking CPA pipeline. We'll be discussing the controversial 150-hour rule and possible solutions to the growing accounting talent shortage.Meet Ken BishopLinkedIn: https://www.linkedin.com/in/ken-l-bishop-5a142414/Learn more about NASBAWebsite: http://nasba.orgNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd
3/15/202357 minutes
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Silicon Valley Bank FAIL With Paul Barnhurst, The FP&A Guy

Guest: Paul Barnhurst, The FP&A Guy; Corporate frauds go undetected; Xero lays off 800; IRS process had a 20X improvement, and more!SponsorsOnPay - https://cloudaccountingpodcast.promo/onpay Relay - https://cloudaccountingpodcast.promo/relayClient Hub - https://cloudaccountingpodcast.promo/clienthubNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - E323 (00:23) - State regulators shut down Silicon Valley Bank (00:52) - Introduction and some thoughts on their Ken Bishop interview (04:33) - Some background on Paul (09:29) - Silicon Valley Bank is in trouble (13:45) - How banks work and make money (16:50) - Blake shares a tweet from a listener (18:04) - Almost all corporate fraud goes undetected (23:21) - News breaks that SVB has been shut down (27:43) - Fireball sued for whiskey fraud (30:51) - Ramp raises $5 million to build expense tracking (37:10) - ChatGPT used to recover over $100k in unpaid invoices (43:11) - FinTech failures and Xero's layoffs (47:29) - Startup CFO used Chat GPT to create FP&A tool (52:41) - Which GL will embed AI first? (55:24) - Randomly assigning auditors to companies improves their quality (57:58) - The IRS has already scanned 20 times more documents than all of 2022 (59:15) - New commissioner of IRS approved (59:46) - Wrap up and where to reach everyone Show NotesXero to lay off up to 800 staff as tech downturn spreads to accountinghttps://www.accountingweb.co.uk/tech/accounting-software/xero-to-lay-off-up-to-800-staff-as-tech-downturn-spreads-to-accounting IRS expands digital processinghttps://www.accountingtoday.com/news/irs-expands-digital-processing Senate approves Werfel as IRS chiefhttps://www.accountingtoday.com/news/senate-approves-werfel-as-irs-chief Reshaping Xero to enable disciplined growth and focushttps://www.xero.com/blog/2023/03/reshaping-xero-to-enable-growth/ Bill.com Holdings: QuickBooks Flips From Asset To Serious Threat ...https://seekingalpha.com/article/4585422-billcom-holdings-quickbooks-flips-from-asset-to-serious-threat Ramp Raises $5 Million for User and Revenue Forecasting Platformhttps://www.pymnts.com/news/investment-tracker/2023/ramp-raises-5-million-for-user-and-revenue-forecasting-platform/ The Week That Broke the Bank for Crypto             https://www.pymnts.com/cryptocurrency/2023/the-week-that-broke-the-bank-for-crypto/ FinTech Cash Burn Totaled $12 Billion in 2022      https://www.pymnts.com/news/fintech-investments/2023/fintech-cash-burn-totaled-12-billion-in-2022/ What’s going on at Silicon Valley Bank?! https://newsletter.dtrh.co/p/whats-going-on-at-silicon-valley Silicon Valley Bank shoots self in foot      https://techcrunch.com/2023/03/09/silicon-valley-bank-shoots-self-in-foot/ Most corporate fraud goes undetected  https://www.cfobrew.com/stories/2023/01/26/most-corporate-fraud-undetected-new-studyGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFuture Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/ Nett Tracker - https://www.nett-tracker.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: [email protected]
3/14/20231 hour, 5 minutes, 57 seconds
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Silicon Valley Bank Collapse: Understanding The Impact On Your Firm & Clients

Bank Collapse App Information: https://bankcollapseapp.info/Meet Our Guests:Matthew MayLinkedIn: https://www.linkedin.com/in/thetechcpa/Twitter: @TheTechCpaWebsite: Acuity.coMike MoïseLinkedIn: https://www.linkedin.com/in/mikemoise/ Twitter: @mavidormike Website: https://www.leadwithvalue.team/ Rey Arellano, CPA PFS CGMALinkedIn: https://www.linkedin.com/in/reynaldoarellano/ Akshay ShrimankerLinkedIn: https://www.linkedin.com/in/shaycpa/Twitter: @ShayCPA Website: Shaycpa.com Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
3/13/202356 minutes, 48 seconds
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Catching Up On AccounTech News

Majority of CAS practices support 3+ general ledgers; KPMG may have turned a blind eye to deforestation; Intuit to replace QuickBooks Desktop POS with Shopify; Startup accelerators from Intuit and AICPASponsorsTri-Merit - https://cloudaccountingpodcast.promo/trimeritLiveFlow - https://cloudaccountingpodcast.promo/liveflowPatriot - https://cloudaccountingpodcast.promo/patriotNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe  (00:00) - Catching Up On AccounTech News (00:47) - Introduction and why we are doing this extra episode (01:42) - Voice authentication in the banking industry (04:45) - ESG update from David (14:02) - Deloitte's Australia becomes a victim of fraud (16:45) - Armanino crypto team has now started a new firm (17:49) - CAAS by the numbers (28:07) - Why switching from QuickBooks to Xero or vice versa is so difficult (32:05) - Accounting conferences entry fees excludes average CPA from going (39:32) - Listener mail on pricing (45:52) - QuickBooks POS system is partnering with Shopify (49:43) - AICPA and CPA.com new startup accelerator cohort (53:23) - Intuit cohort of startups (55:55) - Revolut struggles (01:02:23) - How to contact Blake or David  Show NotesRevolut auditor concerned over £477m in late accounts https://www.accountancydaily.co/revolut-auditor-questions-ps477m-late-accounts Intuit Announces 2023 Cohort of Toronto Startup Accelerator Program   http://www.businesswire.com/news/home/20230302005347/en/Intuit-Announces-2023-Cohort-of-Toronto-Startup-Accelerator-Program/?feedref=JjAwJuNHiystnCoBq_hl-SP7CEH_PxTjduXJ0SDrbU6qcp-o_pnudlUwsb5apQ1S4gUE65BTfjH3-pSuqdv0gW3cb3F4oTIgUqCPafFkgu67Ap_pA_yJ1XPgPy1DuJnY The Dishonest Accounting of Net-Zero Emissions               https://capitalandmain.com/the-dishonest-accounting-of-net-zero-emissions AICPA and CPA.com Announce 2023 Startup Accelerator Cohort https://www.cpapracticeadvisor.com/2023/02/28/aicpa-and-cpa-com-announce-2023-startup-accelerator-cohort/77261/ Say Goodbye to QuickBooks Desktop Point-of-Sale           https://www.intuitiveaccountant.com/accounting-tech/general-ledger/say-goodbye-to-quickbooks-desktop-point-of-sale/ AICPA & CIMA Sponsor Inaugural 'IFRS Sustainability Symposium'              https://www.intuitiveaccountant.com/in-the-news/people-and-business/aicpa-cima-sponsor-inaugural-ifrs-sustainability-symposium/ Professional accountants fall out of favour on ESG assurance       https://www.responsible-investor.com/professional-accountants-fall-out-of-favour-on-esg-assurance/ ESG Reporting Now Common at Large Companies, But Report ... https://www.cpapracticeadvisor.com/2023/02/28/esg-reporting-now-common-at-large-companies-but/77221/ Voice Cloning: A Blessing or a Curse for the Voice Banking Industry?         https://www.finextra.com/blogposting/23813/voice-cloning-a-blessing-or-a-curse-for-the-voice-banking-industry Revolut User Base Grows Alongside Auditor Warnings     https://www.pymnts.com/news/digital-banking/2023/revolut-user-base-grows-alongside-auditor-warnings/ How auditing giant KPMG became a global sustainability leader while serving companies accused of forest destruction - ICIJ      https://www.icij.org/investigations/deforestation-inc/audit-firms-kpmg-environmental-sustainability-logging/ AICPA and CPA.com announce new startup accelerator cohort for 2023 | Accounting Today          https://www.accountingtoday.com/news/aicpa-and-cima-announce-new-startup-accelerator-cohort-for-2023 Xero Announces New Chief Product Officer - CPA Practice Advisor             https://www.cpapracticeadvisor.com/2023/02/28/xero-announces-new-chief-product-officer/77265/ IRS Processing Returns as Fast as It Gets Them - CPA Trendlines  https://cpatrendlines.com/2023/02/27/irs-processing-returns-as-fast-as-it-gets-them/ Tweet from Ryan Elblein re: cost of ENGAGE        https://twitter.com/relblein/status/1631125387005640704?s=12&t=bI7JWUng6zVr0Ei5O2Qv3g [CAP] Accounting / Finance as a percentage of Revenue https://mail.google.com/mail/u/0/?tab=cm#inbox/FMfcgzGrcjRMDlRGJhxfWPBrwJQzLxWQ CAS by the numbers | Accounting Today                https://www.accountingtoday.com/list/cas-by-the-numbers 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFuture Firm Accelerate - https://futurefirmaccelerate.com/capUncat - https://www.uncat.com/Nett Tracker - https://www.nett-tracker.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: [email protected]
3/10/20231 hour, 8 minutes, 47 seconds
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Bridging the Skills Gap for New Accounting Graduates

Guest: Dr. Josh McGowan, CPA from Troy University; Blake calculates the cost of the 150-hour rule; Minnesota says AICPA & NASBA are not the regulators; Accounting department budgets at riskSponsorsUncat - https://cloudaccountingpodcast.promo/uncatLiveFlow - https://cloudaccountingpodcast.promo/liveflowFirst Republic Bank - https://cloudaccountingpodcast.promo/firstrepublic Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Preview: The struggle is finding students who want to be an accounting major (01:08) - Josh McGowan joins the show (02:27) - Why should a student choose to be an accounting major (09:35) - How is accounting enrollment trending at your University? (12:25) - David asks Josh survey questions from a CPA Journal article (23:39) - How do we fix the work/life balance image of bigger firms (27:33) - Josh tell us your personal accounting journey (37:27) - Blake shares some listener mail (42:08) - Are students with accounting exposure in high school better prepared for college accounting classes? (43:26) - Lets talk about the 150 hour rule with Josh (58:20) - Is the branding of the accounting profession the bigger problem? (01:09:08) - What if we change the 150 requirement and still have a pipeline issue? (01:13:25) - Should accountants even need a bachelor's degree? (01:22:40) - Wrap up and where to find Josh online Show NotesThe Beef Between the AICPA and Minnesota Over the 150 Hour Rule Heats Uphttps://www.goingconcern.com/the-beef-between-the-aicpa-and-minnesota-over-the-150-hour-rule-heats-up/ An Update on the Future of Accounting Education             https://www.cpajournal.com/2022/11/14/an-update-on-the-future-of-accounting-education/ The cost of the 150-hour rule: $2 billion https://www.accountingtoday.com/opinion/the-cost-of-the-150-hour-rule-2-billion Former Accounting Team of FTX US Auditor Armanino Sets Up Shop as The Network Firmhttps://www.coindesk.com/tech/2023/03/01/former-accounting-team-of-ftx-us-auditor-armanino-sets-up-shop-as-the-network-firm/ Entigrity Honored with 'Dream Companies to Work For' and 'Best ...         https://www.prnewswire.com/in/news-releases/entigrity-honored-with-dream-companies-to-work-for-and-best-employer-brand-award-by-world-hrd-congress-301751496.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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFuture Firm Accelerate - https://futurefirmaccelerate.com/cap 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: [email protected]
3/8/20231 hour, 27 minutes, 51 seconds
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China Tells State Firms To Drop Big Four Auditors

IRS stuck on 1970's technology; Twitter poll says change back to 120 hours; Photos prove accounting thought leaders met; Intuit's 2023 Q2 ResultsSponsorsRelay - https://cloudaccountingpodcast.promo/relayZoho - https://cloudaccountingpodcast.promo/zohoClient Hub - https://cloudaccountingpodcast.promo/clienthubNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - China Tells State Firms to Drop Big Four (00:25) - Preview: "The IRS is broken" (01:09) - Blake and David recap the CPA Educators Conference (08:27) - Some quick listener feedback and Blake interviewed a guest earlier in the week (10:44) - China is telling firms to drop their Big 4 auditors (14:30) - Some updates from Intuit's latest earnings report (19:27) - Blake gives live Chat GPT demo on email responses (24:19) - Vanderbilt University is getting criticized for using Chat GPT to write sympathy email to Michigan State (25:42) - The IRS is using 60 year old technology and won't upgrade it (30:42) - Open Secrets article on Intuit's lobbying money (34:29) - Blake checks in on some live viewer chat (36:15) - The Big 4 and their purpose statements (39:11) - Interview with Jimmy Corley and the 150 hour rule (55:18) - Blake shares a poll from Twitter on 150 hour requirement (57:01) - Criticism on CPA Practice Advisors photo op and article on future of profession (59:22) - Join us next week and where to reach Blake and David Show NotesOpinion | Badly outdated technology plagues the IRS - The Washington Posthttps://www.washingtonpost.com/opinions/2023/02/22/outdated-technology-irs/ China urges state firms to drop Big Four auditors on data risk | Accounting Todayhttps://www.accountingtoday.com/articles/china-urges-state-firms-to-drop-big-four-auditors-on-data-risk Twitter Poll: Should 150 college credits be required or 120 to be a CPA?https://twitter.com/mikesyl36625988/status/1626946277127729155?s=12&t=ETTs0WOvobuoMmjCN8GztQWhat You Should Know About Changing the 150 Hour Rule Before You Debate For or Against Ithttps://www.goingconcern.com/150-hour-rule-changes-issues/ Accounting Thought Leaders Discuss Future of the Profession, Advisory Services, and Taxhttps://www.cpapracticeadvisor.com/2023/02/21/accounting-thought-leaders-discuss-future-of-advisory-and-tax/76941/ Opinion | The IRS should not be running on 60-year-old technologyhttps://www.washingtonpost.com/opinions/2023/02/22/outdated-technology-irs/ Intuit's (INTU) Q2 Earnings and Revenues Beat Estimateshttps://www.zacks.com/stock/news/2058809/intuit-s-intu-q2-earnings-and-revenues-beat-estimates?cid=CS-ZC-FT-analyst_blog|earnings_article-2058809 China to shift away from Big Four accounting firms           https://asiatimes.com/2023/02/china-to-shift-away-from-big-four-accounting-firms/ Intuit Inc. (INTU) Q2 2023 Earnings Call Transcript              https://seekingalpha.com/article/4581444-intuit-inc-intu-q2-2023-earnings-call-transcript Intuit Reports Strong Second Quarter Results and Reiterates Full Year Guidancehttp://www.businesswire.com/news/home/20230223005037/en/Intuit-Reports-Strong-Second-Quarter-Results-and-Reiterates-Full-Year-Guidance How CPA Firms Are Engaging the Next Tax and Accounting Pros  https://news.bloombergtax.com/tax-insights-and-commentary/how-cpa-firms-are-engaging-the-next-tax-and-accounting-pros TurboTax parent company Intuit is pouring more money than ever into lobbying amid push for free government-run tax filing               https://www.opensecrets.org/news/2023/02/turbotax-parent-company-intuit-is-pouring-more-money-than-ever-into-lobbying-amid-push-for-free-government-run-tax-filing/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFuture Firm Accelerate - https://futurefirmaccelerate.com/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: [email protected]
3/1/20231 hour, 3 minutes, 11 seconds
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NASBA Says No Way To Lower 150-Hour Rule

Guest Randy Crabtree of The Unique CPA podcast; the UK has an accountant turnover crisis, too; should accountants unionize? Field service app Jobber raises $100 million and more! SponsorsSuiteFiles - https://cloudaccountingpodcast.promo/suitefilesLiveFlow - https://cloudaccountingpodcast.promo/liveflowAnchor - https://cloudaccountingpodcast.promo/anchorNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, SuiteFiles (00:26) - Preview: Why Saas businesses look horrible on paper (01:08) - Introduction and welcome Randy Crabtree to the show (03:04) - Some background on Randy and his firm (05:14) - NASBA votes on keeping the 150 hour requirement (08:56) - Will CPAs and audits even be necessary in the future? (11:48) - Did Randy have to get 150 hours? (15:54) - Accounting as an AP class and how to reach more high school students (21:59) - Thank you to our sponsor, SuiteFiles (23:25) - Checking in on the live chat (27:10) - Losing accountants isn't just a United States problem (29:47) - The University of Arizona partners with Deloitte for an accounting scholarship program (30:35) - Blakes plays a clip from Planet Money (35:08) - Thank you to our sponsor, LiveFlow (36:25) - Jobber raises $100 million and the SaaS business model (42:03) - Client Hub launches a free recategorized plan (43:35) - Google Calendar now fights calendar spam (45:23) - Thank you to our sponsor, Anchor (47:02) - CFO's vow to boost their tech influence in 2023 (47:48) - New Zealand company Hnry, raises $35 million in series B (49:03) - Chat CPA website (53:16) - Zapier blog post on best AI productivity tools (56:27) - Randy has to run, and another check on the chat (01:00:02) - Hinge Research put out a high growth study for 2023 (01:01:26) - Would accountants support a type of "union" for better working conditions? (01:06:49) - A few listener emails (01:11:58) - Wrap up and where to reach Blake and David (01:13:36) - Client Hub (01:14:12) - RightTool (01:14:35) - Future Firm Accelerate (01:15:22) - How to advertise in these classifieds Show NotesThe best AI productivity tools in 2023 | Zapier     https://zapier.com/blog/best-ai-productivity-tools/ The Accountant Shortage Isn't Bad Enough For NASBA to Entertain Dropping the 150 Hour Requirement - Going Concernhttps://www.goingconcern.com/nasba-150-hour-rule-accountant-shortage/ HF 1749 as introduced - 93rd Legislature (2023 - 2024)https://www.revisor.mn.gov/bills/text.php?number=HF1749&session=ls93&version=list&session_number=0&session_year=2023&keyword_type=all&keyword=Accountancy ChatCPA - Chat with an A.I. trained by a CPA        https://www.chatcpa.io/ Google adds a new way to block calendar spam. Here’s how to use ithttps://www.cnbc.com/2022/07/20/how-to-block-google-calendar-spam-with-a-new-feature-that-stops-it.html Client Hub Launches a Free Recategorize Plan - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2023/02/13/client-hub-launches-a-free-recategorize-plan/76782/ NASBA upholds 150-hour education requirement for CPA licensure - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2023/feb/nasba-upholds-150-hour-education-requirement-for-cpa-licensure.html CFOs Vow to Boost Tech Influence in 2023https://www.cfo.com/technology/2023/02/tech-spending-2023-finance-team/ LinkedIn poll: Should accountants unionize?https://www.linkedin.com/posts/blaketoliver_accountants-activity-7016853793652838402-2_cC?utm_source=share&utm_medium=member_ios Self-employed bookkeeping platform Hnry books $35 million Series Bhttps://www.startupdaily.net/topic/funding/self-employed-bookkeeping-platform-hnry-books-35-million-series-b/ Jobber fixes on $100M as its platform for home services pros hits ...https://techcrunch.com/2023/02/07/jobber-fixes-on-100m-as-its-platform-for-home-services-pros-hits-200k-users/ Eller College scholarship aims to promote diversity in accountinghttps://azbigmedia.com/business/eller-college-scholarship-aims-to-promote-diversity-in-accounting/ KPMG becomes first Big Four accounting firm to cut staff in US: Reporthttps://www.indiatoday.in/business/story/kpmg-becomes-first-big-four-accounting-firm-to-cut-staff-in-us-2335430-2023-02-16 The Impact of AI on the Accounting Profession   https://www.cpapracticeadvisor.com/2023/02/13/the-impact-of-ai-on-the-accounting-profession/76772/ Accounting: uncovering the hidden gem of the math departmenthttps://www.inklingsnews.com/opinions/2023/02/10/accounting-uncovering-the-hidden-gem-of-the-math-department/ Third of accountants consider changing jobs        https://www.accountancydaily.co/third-accountants-consider-changing-jobsGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFuture Firm Accelerate: https://futurefirmaccelerate.com/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: [email protected]
2/23/20231 hour, 15 minutes, 47 seconds
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AICPA's 8-Point Plan To Fix The Accounting Pipeline Problem

We dissect the AICPA's plan; Short seller Hindenburg Research reports that Adani Group had 23 and 24 year-old auditors sign off on financials. WSJ asks: "How can we make accounting cool?"; Biden vows to veto GOP plan to abolish the IRS; CPA exam takers down 25% since 2018; IRS too busy to replace old computers, suspends projectSponsorsOnPay - https://cloudaccountingpodcast.promo/onpayRelay - https://cloudaccountingpodcast.promo/relayFirst Republic Bank - https://cloudaccountingpodcast.promo/firstrepublicNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, OnPay (00:19) - Preview: (01:01) - Introduction and some of what we'll cover this episode (03:13) - NPR Marketplace interview with Adrienne Gonzalez and the struggle to find accountants (10:30) - AICPA's town hall (16:43) - Thank you to our sponsor, OnPay (18:01) - Checking in on our live chat (21:12) - Matt asks for ideas on how he should obtain his 150 hours (27:47) - Thank you to our sponsor, Relay (29:55) - Accounting Today article on CPA exam pass rates falling in 2022 (35:59) - GAO says IRS gave up on computer systems upgrade (39:49) - Thank you to our sponsor, First Republic Bank (40:35) - Republican bill to abolish the IRS (43:15) - Lets talk about Adani Group's auditors (46:20) - Tether releases latest attestation report (48:51) - Nikole's voicemail and the Accounting High bracket (51:32) - Company holds "funeral" for QuickBooks (53:35) - Blake reads some listeners comments and feeback (58:05) - Wrap up and the CAP is going ti Expensicon! (59:46) - Classifieds (59:48) - Client Hub (01:00:24) - RightTool (01:00:46) - Federal Tax Updates Podcast (01:01:59) - How to advertise in these classifieds Show NotesHow Can We Make Accounting Cool? - WSJ          https://www.wsj.com/articles/how-can-we-make-accounting-cool-11675973909 If You Let 23-Year-Olds Sign Off on Audits, You're Gonna Have a Bad Timehttps://www.goingconcern.com/adani-group-auditors/ Why there's a national shortage of accountants https://www.marketplace.org/2023/02/07/as-tax-season-approaches-accounting-firms-are-short-on-staff/ Biden Vows to Veto GOP Plan to Abolish the IRS https://www.cpapracticeadvisor.com/2023/02/02/biden-vows-to-veto-gop-plan-to-abolish-the-irs/76458/ Controller - National Women's Soccer League (New York · NY)     https://www.teamworkonline.com/soccer-jobs/nwslsoccer/nwsl-league-office/controller-2034269 What’s New in FreshBooks – 2023             https://www.freshbooks.com/blog/product-updates-2023 Self-employed bookkeeping platform Hnry books $35 million Series Bhttps://www.startupdaily.net/topic/funding/self-employed-bookkeeping-platform-hnry-books-35-million-series-b/ McDonalds Presidents Says California FAST Act Will Kill Restaurantshttps://smallbiztrends.com/2023/01/mcdonalds-presidents-says-california-fast-act-will-hurt-small-business.html New York Requires Disclosure in Small Businesses Financinghttps://www.pymnts.com/news/regulation/2023/new-york-requires-disclosure-in-small-businesses-financing/ Almost 70K ‘questionable’ Social Security numbers used for $5.4B in pandemic-related loans: watchdog  https://thehill.com/policy/finance/3837329-almost-70k-questionable-social-security-numbers-used-for-5-4b-in-pandemic-related-loans-watchdog/ The 15 largest banks in the US    https://finance.yahoo.com/news/15-largest-banks-us-160040404.html Football, lifeguarding, college and accounting      https://hoganstand.com/article/index/326378 Password Managers – An Insightful Accountant Software Comparisonhttps://www.intuitiveaccountant.com/accounting-tech/vendor-news/password-managers-an-insightful-accountant-software-comparis/ IRS more likely to audit Black taxpayers https://www.accountingtoday.com/news/irs-more-likely-to-audit-black-taxpayers Press Release- February 1, 2023: Superintendent Adrienne A. Harris Adopts Updated Regulation For Disclosure Requirements For Commercial Financinghttps://www.dfs.ny.gov/reports_and_publications/press_releases/pr202302011 Crypto’s One-Time Favorite Bank Faces Federal Probe Into FTX Relationshiphttps://www.pymnts.com/cryptocurrency/2023/cryptos-one-time-favorite-bank-faces-federal-probe-into-ftx-relationship/ US Bank launches automated direct deposit switchinghttps://bankautomationnews.com/allposts/payments/us-bank-launches-automated-direct-deposit-switching/ Chase to Expand Small Business Banking Workforce by 20%          https://www.pymnts.com/digital-first-banking/2023/chase-to-expand-small-business-banking-workforce-by-20-pct/ How Can We Make Accounting Cool? - WSJ          https://www.wsj.com/articles/how-can-we-make-accounting-cool-11675973909 Passing or failing? Pass rates for CPA exam fell in 2022https://www.accountingtoday.com/news/passing-or-failing-pass-rates-for-cpa-exam-fell-in-2022 How inclusive is your accounting firm?   https://www.accountingtoday.com/opinion/how-inclusive-is-your-firm AICPA proposes extensive tax changes to Congresshttps://www.accountingtoday.com/news/aicpa-proposes-extensive-tax-changes-to-congress Tether Releases Attestation Report Showing $960M Excess Reserveshttps://www.pymnts.com/cryptocurrency/2023/tether-releases-attestation-report-showing-960m-excess-reserves/ The Quickbooks And The Deadhttps://www.realclearmarkets.com/2023/02/09/the_quickbooks_and_the_dead_880636.html Tax Policy in Biden’s 2023 State of the Union Address      https://taxfoundation.org/biden-state-of-the-union-tax-proposals/ Watch for accidental fraud, forensic accounting expert says          https://www.cfodive.com/news/watch-accidental-fraud-author-says/642358/ Accounting Services: The Talent War       https://www.lanereport.com/162724/2023/02/accounting-services-the-talent-war/ Most accounting professionals want more mental health help: studyhttps://www.cfodive.com/news/most-accounting-professionals-want-more-mental-health-help-study/642315/ Finzly Launches API Giving Developers Access to FedNow Servicehttps://www.pymnts.com/news/faster-payments/2023/finzly-launches-api-giving-developers-access-to-fednow-service/ Growblocks Raises $6M to Help Businesses Forecast Revenueshttps://www.pymnts.com/news/investment-tracker/2023/growblocks-raises-6m-to-help-businesses-forecast-revenues/ Gusto lays off 5% of staff              https://www.accountingtoday.com/news/gusto-lays-off-5-of-staff Students learn all about accounting at High School Leaders Conference at UM-Dearbornhttps://www.pressandguide.com/2023/02/08/students-learn-all-about-accounting-at-high-school-leaders-conference-at-um-dearborn Don’t Let Clients Dictate Tax Workflow   https://cpatrendlines.com/2023/02/07/dont-let-clients-dictate-tax-workflow/ Center Your Firm Around Your Client       https://cpatrendlines.com/2023/02/03/center-your-firm-around-your-client/ How Marketing in Accounting Has Evolved           https://cpatrendlines.com/2023/02/03/how-marketing-in-accounting-has-evolved/ Jobber fixes on $100M as its platform for home services pros hits ...https://techcrunch.com/2023/02/07/jobber-fixes-on-100m-as-its-platform-for-home-services-pros-hits-200k-users/ Are SMBs invited to the business intelligence (BI) party? https://www.cio.com/article/453900/are-smbs-invited-to-the-business-intelligence-bi-party.html H&R Block went through 6 CEOs in a decade. Its latest chief exec is a marketing whiz with plans to claw back market share: ‘We were kind of that dusty place on the corner’https://fortune.com/2023/02/03/hr-block-ceo-taxes-growth-gig-workers-freelance-small-business/ IRS tells taxpayers in some states to wait to file taxes       https://www.accountingtoday.com/news/irs-tells-taxpayers-in-states-like-california-to-wait-to-file-taxes There’s a surprising culprit behind mass layoffs, says a prominent management professor at Whartonhttps://fortune.com/2023/02/08/surprising-culprit-behind-mass-layoffs-says-management-professor-wharton/ Americanas' $4B Accounting Scandal Puts More Scrutiny on PwC's ...https://www.insurancejournal.com/news/international/2023/02/08/706637.htm AICPA publishes audit risk guide https://www.accountingtoday.com/news/aicpa-publishes-audit-risk-guide CoinTracker unveils real-time crypto tax advice from live expertshttps://www.accountingtoday.com/news/cointracker-unveils-real-time-crypto-tax-advice-from-live-experts IRS dropped plans to modernize some of its outdated systemshttps://www.accountingtoday.com/news/irs-dropped-plans-to-modernize-some-of-its-outdated-systems Accounting students provide volunteer income tax filing services to ...https://www.psu.edu/news/scranton/story/accounting-students-provide-volunteer-income-tax-filing-services-community/ Intuit study reveals Gen Z doesn't want to talk about financeshttps://www.atmmarketplace.com/news/intuit-study-reveals-gen-z-doesnt-want-to-talk-about-finances/ The past and future of accounting             https://www.accountingtoday.com/podcast/the-past-and-future-of-accounting Senators demand an accounting of how ServSafe fees are used  https://restaurantbusinessonline.com/operations/senators-demand-accounting-how-servsafe-fees-are-used Talent acquisition: AICPA chair hears student voices, shares strategieshttps://www.journalofaccountancy.com/news/2023/feb/talent-acquisition-aicpa-chair-hears-student-voices-shares-strategies.html Inkle Raises $1.5M to Power Tax & Accounting for US Cross-border ...https://financialit.net/news/fundraising-news/inkle-raises-15m-power-tax-accounting-us-cross-border-companies Does ChatGPT have any of the answers for accounting?https://www.accountantsdaily.com.au/technology/18115-does-chatgpt-have-any-of-the-answers-for-accounting OakNorth set to close Fluidly following 2021 acquisition https://www.altfi.com/article/10379_oaknorth-set-to-close-fluidly-following-2021-acquisition Lawyers wanted at the IRS           https://www.accountingtoday.com/news/lawyers-wanted-at-the-irs Fluidly to close its doors in April https://www.accountingweb.co.uk/tech/accounting-software/fluidly-to-close-its-doors-in-april Simu Liu praised for giving advice on accounting, burnout and ... https://www.independent.co.uk/life-style/simu-liu-twitter-advice-b2275858.html  Eller College scholarship aims to promote diversity in accountinghttps://azbigmedia.com/business/eller-college-scholarship-aims-to-promote-diversity-in-accounting/ iwocaPay Becomes the First Invoice Checkout Integration with Buy Now, Pay Later Option for Businesses that Integrate with QuickBooks           https://financialit.net/news/e-invoicing/iwocapay-becomes-first-invoice-checkout-integration-buy-now-pay-later-option Tax And Accounting SaaS Startup Inkle Raises $1.5 Million              https://www.msn.com/en-us/money/smallbusiness/tax-and-accounting-saas-startup-inkle-raises-dollar15-million/ar-AA179Y50 AICPA Town Hall: AICPA’s 8-point human capital pipeline plan      https://townhall.libsyn.com/ath/aicpas-8-point-human-capital-pipeline-plan US Bank launches automated payroll deposit feature for new accountshttps://www.fintechfutures.com/2023/02/us-bank-launches-automated-payroll-deposit-feature-for-new-accounts/ 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFederal Tax Updates podcast - https://federaltaxupdates.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: [email protected]
2/15/20231 hour, 2 minutes, 24 seconds
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How Intuit is Going to Save Accounting

Guest: Intuit Accountants leader Ted Callahan; The latest on QuickBooks Connect 2023; How to defend against ChatGPT stealing your job; Crypto lender Celsius used QuickBooks, too!SponsorsRelay - https://cloudaccountingpodcast.promo/relayLiveFlow - https://cloudaccountingpodcast.promo/liveflowClient Hub- https://cloudaccountingpodcast.promo/clienthubNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, Relay (00:26) - Intuit's "Prosperity Ladder" (01:04) - Introduction: Welcome Ted Callahan to the show (02:23) - Earmark launched "Crypto With Accountants" (03:35) - What is Ted's job title and what does he do day to day at Intuit (07:33) - What will Chat GPT and AI change in the accounting industry (09:28) - Will some of Intuit's own internal technology be available for customers to use? (12:08) - Thank you to our sponsor, Relay (13:19) - The Intuit message has changed re: taxes (18:44) - How do you respond to people who say Intuit is now an accountants competitor? (22:53) - Are intuit accounting employees part time? Full time? Get benefits? (26:45) - Thank you to our sponsor, LiveFlow (28:02) - Expanding more on Intuit's accounting employees (33:53) - What should a young owner of a small accounting firm focus on? Where is the opportunity? (38:06) - Let's talk a little about pricing (41:38) - Blake checks in on the live chat (44:40) - Thank you to our sponsor, 3 (46:03) - Some thought on QuickBooks Connect 2022 and plans for QB Connect 2023 (50:17) - FTX and Celsius were on QuickBooks... should they have been? (55:33) - ChatGPT article in Medium using accountants as examples (01:04:25) - David reads a job posting and wrap up (01:07:22) - Client Hub (01:07:59) - RightTool (01:08:21) - Federal Tax Updates Podcast (01:09:35) - How to advertise in these classifieds Show NotesCelsius Was Using QuickBooks for Its Accounting—Just Like FTX – Decrypthttps://decrypt.co/120284/celsius-quickbooks-accounting-ftxCelsius tosses scraps to victims, Alex Mashinsky thought himself infalliblehttps://coingeek.com/celsius-tosses-scraps-to-victims-alex-mashinsky-thought-himself-infallible/ Celsius Network: Final report from the examiner — lies, incompetence and Ponzi schemeshttps://davidgerard.co.uk/blockchain/2023/02/01/celsius-network-final-report-from-the-examiner-lies-incompetence-and-ponzi-schemes/ Intuit Supercharges Virtual Expert Platform with AI Enhancements to Streamline Expert-Assisted Tax Filinghttps://aithority.com/machine-learning/intuit-supercharges-virtual-expert-platform-with-ai-enhancements-to-streamline-expert-assisted-tax-filing/ Will ChatGPT replace you?           https://medium.com/@theo.seeds/will-chatgpt-replace-you-36b05cebe160 AI is not a threat to the accounting profession: as written by an AIhttps://www.accountingtoday.com/opinion/ai-is-not-a-threat-to-the-accounting-profession-as-written-by-an-ai Will ChatGPT replace you?. How to tell if you’re gonna lose your… | by Theo Seeds | Jan, 2023      https://medium.com/@theo.seeds/will-chatgpt-replace-you-36b05cebe160 QuickBooks Live Bookkeeping Pricing - Quickbooks           https://quickbooks.intuit.com/live/pricing/ QuickBooks Connect FAQhttps://quickbooksconnect.com/faq/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFederal Tax Updates podcast - https://federaltaxupdates.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: [email protected]
2/8/20231 hour, 9 minutes, 58 seconds
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Remote Work Accountants Are More Billable

Recession needed to increase accounting grads; Amber Setter on improving the CPA pipeline; 2023 tax season officially starts; tech layoffs hit accounting techSponsorsKeeper - https://cloudaccountingpodcast.promo/keeperLiveFlow - https://cloudaccountingpodcast.promo/liveflowAnchor - https://cloudaccountingpodcast.promo/anchorNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, Keeper (00:20) - Preview : Accountants are prestressed for busy season (00:56) - Blake is in Tucson; Welcome Amber to the show (04:29) - Who is your ideal customer for coaching? (06:42) - Remote workers save an average of 72 minutes per day (14:49) - Thank you to our sponsor, Keeper (16:22) - YouTube Live comment from Sam on working from home (18:07) - WSJ says the job market for remote workers is shrinking — but the demand is still high (19:37) - Will tech layoffs lead college students to accounting? (22:17) - Is it realistic for someone in tech to transition into accounting? (25:43) - Thank you to our sponsor, LiveFlow (27:03) - George Santos was involved in an alleged $17 million Ponzi scheme in Florida (29:46) - Moody's is working on a scoring system for stable coins (31:09) - Wash sales represent up to 77% of trades on unregulated crypto exchanges (32:56) - The IRS released guidance on crypto check mark on 1040s (33:56) - Are accountants more optimistic for the 2023 tax season (37:53) - Thank you to our sponsor, Anchor (39:42) - The IRS has opened an online portal where businesses can file 1099s (42:08) - A few QuickBooks updates (43:45) - AccountingWED article summarizing all the accounting tech layoffs (46:42) - ChatGPT updates (48:41) - Rocket Lawyer has launched Rocket Tax (53:15) - Listener mail from Greg on his firm actually looking for more clients (58:39) - Message from Jared about Right Tool (01:01:33) - Wrap up, where to reach Amber, and one new review (01:04:17) - Client Hub (01:04:54) - RightTool (01:05:16) - Federal Tax Updates Podcast (01:06:30) - How to advertise in these classifieds Show NotesNew Xero data sees US small business sales slow as consumer spending tightenshttps://www.xero.com/us/media-releases/xero-small-business-insights-usa-january-2023/ KPMG Vice Chair Hopes All the Tech Layoffs Will Scare College Kids Into Accountinghttps://www.goingconcern.com/kpmg-vice-chair-hopes-all-the-tech-layoffs-will-scare-college-kids-into-accounting/ TurboTax Tax Trends Report    https://blog.turbotax.intuit.com/life/turbotax-tax-trends-report-tax-year-2021-53767/ The Argument for Accounting   https://merrimacknewspaper.com/the-argument-for-accounting/ Accounting Software Maker IRIS Sees 30% Growthhttps://www.cpapracticeadvisor.com/2023/01/24/accounting-software-maker-iris-sees-30-growth/76127/ IRS clarifies crypto question on tax formhttps://www.accountingtoday.com/news/irs-clarifies-crypto-question-on-tax-form This forensic accounting startup in Seattle is helping lawyers solve ...      https://www.geekwire.com/2023/this-forensic-accounting-startup-in-seattle-is-helping-lawyers-solve-fraud-investigations/ Bookkeeper Job Description      https://www.executivepastoronline.com/bookkeeper-job-description/ The Largest Accounting Firm in Kentucky Thinks a Tower Will Win the Talent Warhttps://www.goingconcern.com/the-largest-accounting-firm-in-kentucky-thinks-a-tower-will-win-the-talent-war/ Important Changes to QuickBooks Related 1099 Filing and Billing for 2023https://www.intuitiveaccountant.com/accounting-tech/general-ledger/important-changes-to-quickbooks-related-1099-filing-and-bill/ Over 2 in 3 small business owners already feel burnt out in first week of 2023 Intuit QuickBooks research shows  https://finance.yahoo.com/news/over-2-3-small-business-090000132.html IRS opens 2023 tax filing seasonhttps://www.accountingtoday.com/news/irs-opens-2023-tax-filing-season Small businesses lament Sage's monthly subscription changes amid rising costs   https://www.itpro.co.uk/software/369796/small-businesses-lament-sages-monthly-subscription-changes-amid-rising-costs Rocket Lawyer Launches Tax Prep Tool for Small Business Ownershttps://smallbiztrends.com/2023/01/rocket-tax-software-for-small-business.html State Corporate Income Tax Rates and Brackets for 2023 https://taxfoundation.org/state-corporate-income-tax-rates-brackets-2023/ 3.4m still need to file tax return https://www.accountancydaily.co/34m-still-need-file-tax-return Melio Launches Integration To Sync Payments Data with Xero   https://www.prnewswire.com/news-releases/melio-launches-integration-to-sync-payments-data-with-xero-301728971.html Firms Hope to Win With Receipt Data Solutions but Implementation Issues Aboundhttps://www.pymnts.com/innovation/2023/firms-hope-to-win-with-receipt-data-solutions-but-implementation-issues-abound/ Moody’s Developing Scoring System for Stablecoins Based on Attestationshttps://www.pymnts.com/cryptocurrency/2023/moodys-developing-scoring-system-for-stablecoins-based-on-attestations/ The Decline of Voicemail         https://ritakeller.com/blog/2023/01/the-decline-of-voicemail.html Remote work saves 72 minutes a day     https://www.accountingtoday.com/news/average-time-saved-by-remote-workers-72-minutes-per-day?utm_source=dlvr.it&utm_medium=twitter TurboTax Tax Trends Report - The TurboTax Blog        https://blog.turbotax.intuit.com/life/turbotax-tax-trends-report-tax-year-2021-53767/ The CPA pipeline includes the present   https://www.accountingtoday.com/opinion/the-cpa-pipeline-includes-the-present Connect with Amber SetterWebsite: http://conscious.cpaLinkedIn: https://www.linkedin.com/in/ambersetter/Twitter: https://twitter.com/intentionsetter?lang=enFacebook: https://www.facebook.com/ConsciousPublicAccountants/Instagram: https://www.instagram.com/amber_setter_coaching/?hl=enGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFederal Tax Updates podcast - https://federaltaxupdates.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: [email protected]
2/3/20231 hour, 6 minutes, 53 seconds
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Transform #5: From Cashier to Director of Accounting

Meet Our Guest, Lea BriscoeLinkedIn: https://www.linkedin.com/in/lea-briscoe-0765418/Learn more about Purple Wavehttps://www.purplewave.com/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
1/27/202325 minutes, 19 seconds
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Make ChatGPT Fire Clients

SponsorsKeeper - https://cloudaccountingpodcast.promo/keeperRelay - https://cloudaccountingpodcast.promo/relayFirst Republic Bank - https://cloudaccountingpodcast.promo/firstrepublicNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, Keeper (00:20) - Preview: Will AI replace accountants in audits (01:04) - Introduction and quick recap of Blake's week in Park City (03:43) - Earmark has launched a new Federal Tax Updates podcast (07:15) - Source says Square is launching their own GL (10:46) - Some final takeaways from skiing trip (13:18) - Thank you to our sponsor, Keeper (14:55) - Article about a high school student who wants to become an accountant (17:56) - IRS audit rates declined further in 2022 (19:10) - The Tax Foundation made a graphic on the IRS backlog (21:54) - Accountants need to narrow their scope in 2023 (23:13) - Canadian accounting firm sues employee for overbilling on timesheets (28:46) - Thank you to our sponsor, Relay (30:04) - "Office Space" inspired sofrware engineering scam (32:40) - Are mid-career CPAs happy in your firm? (36:25) - David's first reaction to Chat GPT (41:28) - Thank you to our sponsor, First Republic Bank (42:31) - Blake uses Chat GPT live to demonstrate what it can do (47:33) - Chad Davis uses Chat GPT to write fake CAP episode intro (49:46) - Somebody used Chat GPT to try to pass a chartered accountant exam in England (54:45) - Paula's message and idea about a national CPA license (58:38) - Tori's email on how a radical step is needed to change the AICPA (59:53) - Deanna asks for best apps to import journal entries into QBO Advanced (01:01:47) - Accounting firms might want to look into hiring some of these laid off tech employees (01:02:26) - Checking in on the live chat discussion on ChatGPT (01:04:09) - Wrap up and reminder to subscribe to our YouTube channel (01:07:29) - Classifieds (01:07:31) - Client Hub (01:08:08) - RightTool (01:08:30) - Federal Tax Updates Podcast (01:09:44) - How to advertise in these classifieds Show NotesGeorge Clooney to be Headline Speaker at ExpensiCon 2023 - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2023/01/18/george-clooney-to-be-headline-speaker-at-expensicon-2023/75905/ AI chatbot falls just short on accounting exam | AccountingWEBhttps://www.accountingweb.co.uk/tech/tech-pulse/ai-chatbot-falls-just-short-on-accounting-exam IRS audit rates declined further in 2022 | Accounting Todayhttps://www.accountingtoday.com/news/irs-audit-rates-declined-further-in-2022 Are midcareer CPAs happy in your firm? | Accounting Todayhttps://www.accountingtoday.com/opinion/are-mid-career-cpas-happy-in-your-firm 2023 Tax Filing Season: Tax Season Delays & Complexity | Tax Foundationhttps://taxfoundation.org/2023-tax-filing-season/ Canadian accountant is ordered to repay employer for 'time theft' : NPRhttps://www.npr.org/2023/01/13/1148985075/time-tracking-software-canadian-woman-reach-cpa-court 'Office Space' Inspired Software Engineer's Scam, Prosecutors Say - CPA Practice Advisorhttps://www.cpapracticeadvisor.com/2023/01/06/office-space-inspired-software-engineers-theft-scheme-prosecutors-say/75515/?_ga=2.116447811.479438550.1673332096-1770167994.1673332096 3 Game-Changing Accounting Trends to Look Out for in 2023 https://www.spiceworks.com/finance/accounting/guest-article/3-game-changing-accounting-trends-to-look-out-for/ Facing Busy Season ’23: 99% of Accountants Suffer Burnouthttps://cpatrendlines.com/2023/01/12/facing-busy-season-23-99-of-accountants-suffer-burnout/ Basecamp details 'obscene' $3.2 million bill that caused it to quit the cloudhttps://www.theregister.com/2023/01/16/basecamp_37signals_cloud_bill/ Accountant must repay employer after software shows ‘time theft’https://www.accountingweb.co.uk/tech/practice-software/accountant-must-repay-employer-after-software-shows-time-theft George Clooney to Headline Expensicon 2023      https://www.intuitiveaccountant.com/education-hub/training-center/george-clooney-to-headline-expensicon-2023/ U.S. accounting watchdog faces lawsuit over its 'secretive ...        https://www.reuters.com/legal/us-accounting-watchdog-faces-lawsuit-over-its-secretive-disciplinary-process-2023-01-20/ TaxBit Announces Acquisition of Digital Asset Accounting Startup ...https://www.prnewswire.com/news-releases/taxbit-announces-acquisition-of-digital-asset-accounting-startup-tactic-301723033.html The IRS names the top tax crooks of 2022https://www.accountingtoday.com/list/the-irs-names-the-top-tax-crooks-of-2022 5 ideas to watch out for in accounting in 2023https://www.accountingtoday.com/news/5-ideas-to-watch-out-for-in-accounting-in-2023 CryptoCFOs Launch App to Access Crypto Tax & Accounting Communityhttps://www.einnews.com/pr_news/611880610/cryptocfos-launch-app-to-access-crypto-tax-accounting-community TurboTax, QuickBooks owner slammed after MailChimp data breachhttps://nypost.com/2023/01/17/turbotax-quickbooks-owner-slammed-for-mailchimp-data-breach/ What Small Business Owners Should Look For in a Bankhttps://www.gobankingrates.com/banking/banks/what-small-business-owners-should-look-for-in-a-bank/ Former President of FTX US breaks silence, says SBF was insecure, volatile and spiteful, threatened to “destroy my professional reputation”         https://www.kitco.com/news/2023-01-16/Former-President-of-FTX-US-breaks-silence-says-SBF-was-insecure-volatile-and-spiteful-threatened-to-destroy-my-professional-reputation.html Ally looks to tech industry layoffs for potential hireshttps://bankautomationnews.com/allposts/retail/ally-looks-to-tech-industry-layoffs-for-potential-hires/ Bean aims to change accounting industry's 'stodgy' reputationhttps://www.bizjournals.com/cleveland/inno/stories/fundings/2023/01/20/bean-aims-to-change-accountings-stodgy-reputation.html Just How Common Is Corporate Fraud?https://www.nytimes.com/2023/01/14/business/dealbook/how-common-is-corporate-fraud.html How CPA firms can get focused in the next 30 dayshttps://www.accountingtoday.com/opinion/how-cpa-firms-can-get-focused-in-the-next-30-days MDU Resources Teen of the Week: Glen Ullin volleyball player is set ...https://bismarcktribune.com/news/local/teen-of-the-week/mdu-resources-teen-of-the-week-glen-ullin-volleyball-player-is-set-on-accounting-career/article_5ded06f2-8ba0-11ed-b69a-8b4bd5905da8.html Sage Affiliate Program   https://www.craigcampbellseo.com/sage-affiliate-program/ 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFederal Tax Updates podcast - https://federaltaxupdates.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: [email protected]
1/27/20231 hour, 10 minutes, 8 seconds
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Transform #4: The Multi Dimensions of Vitamin Angels

Meet Our Guests:Bonnie ForssellLinkedIn: https://www.linkedin.com/in/bonnie-l-forssell-3534535a/Jennifer HerbertLinkedIn: https://www.linkedin.com/in/jennifer-herbert-a87919a5/Learn more about Vitamin Angelshttps://www.vitaminangels.org/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
1/24/202321 minutes, 6 seconds
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David Got Fired By His Tax Preparer

SponsorsZoho - https://cloudaccountingpodcast.promo/zohoLiveFlow - https://cloudaccountingpodcast.promo/liveflowAnchor - https://cloudaccountingpodcast.promo/anchorNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe (00:00) - Thank you to our sponsor, Zoho (00:27) - Preview: We need to make accountants aware of accounting career paths with real work life balance (01:11) - Introduction and quick overview of Blake's week and FAA meltdown (11:22) - What logic did the firm give David for letting him go? (21:15) - Thank you to our sponsor, Zoho (22:40) - Not enough firms are offering remote work (25:38) - Accountants don't need help getting clients (27:56) - Blake shares a story about his friend switching firms (29:44) - Blake shares a chart from CPA Trendlines (33:35) - What is the starting salary for a CPA at a medium to large firm? (37:16) - Thank you to our sponsor, LiveFlow (38:25) - Quick follow up on the story of a recent accounting graduate choosing the military over a Big 4 firm (40:06) - What is Profit First? And what do you do? (46:20) - Parkinson's Law (49:53) - Thank you to our sponsor, Anchor (52:39) - Jennifer's voicemail about her networking event for students (56:19) - Going over some comments in our live chat (01:02:47) - Linda's message about Illinois lowering the CPA hours requirement from 150 to 120 hours to sit for the exam (01:06:26) - Bernard's feedback on the Ron Baker episode (01:10:25) - David makes a new 2023 prediciton (01:11:08) - Rusty's message about North Carolina's CPA license requirements (01:13:54) - Wrap up and where to reach Blake and David (01:15:14) - Classifieds (01:15:16) - Client Hub (01:15:53) - RightTool (01:16:15) - Federal Tax Updates Podcast (01:17:27) - How to advertise in these classifieds LinksMore remote workers than workhttps://www.linkedin.com/news/story/more-remote-workers-than-work-5073937/http://btaxgo.com/ufadlli            SEC Charges Genesis and Gemini Following Crypto Collapse Contagion https://www.pymnts.com/cryptocurrency/2023/sec-charges-genesis-and-gemini-following-crypto-collapse-contagion/IRS Provides Tax Relief for California Storm Victims   https://blog.turbotax.intuit.com/tax-news/irs-provides-tax-relief-for-california-storm-victims-53808/AICPA Unveils Plans for Redesigned CPA Exam in 2024 ...https://insidepublicaccounting.com/2023/01/aicpa-unveils-plans-for-redesigned-cpa-exam-in-2024/2023: The Year of Crypto Compliance      https://www.corporatecomplianceinsights.com/2023-crypto-predictions/Quickbooks missed a golden opportunity to market itself with the FTX sagahttps://medium.com/coinmonks/quickbooks-missed-a-golden-opportunity-to-market-itself-with-the-ftx-saga-d381c373af05?source=rss----721b17443fd5---4The Financial Future: The Impact of AI on Finance and Accountinghttps://medium.com/@businessbreakthrough/the-financial-future-the-impact-of-ai-on-finance-and-accounting-d8d350edcb1dMost companies pay $11 or more per expense reporthttps://www.accountingtoday.com/news/most-companies-pay-11-or-more-per-processed-expense-reportTerry Smith fires darts at Meta, Apple, Unilever and accounting ...https://www.proactiveinvestors.com/companies/news/1002893/terry-smith-fires-darts-at-meta-apple-unilever-and-accounting-practices-after-fundsmith-underperforms-1002893.htmlIntuit Plans To Launch Crypto-Related Software’shttps://thecryptobasic.com/2023/01/10/intuit-plans-to-launch-crypto-related-softwares/IRS audit rates declined further in 2022https://www.accountingtoday.com/news/irs-audit-rates-declined-further-in-2022Addressing the accounting hiring crisis  https://www.accountingtoday.com/opinion/addressing-the-accounting-hiring-crisisIRS Cultivating Ties With Crypto Companies to Combat Fraud https://www.pymnts.com/cryptocurrency/2023/irs-cultivating-ties-with-crypto-companies-to-combat-fraud/Sam Bankman-Fried Tweets From Parent’s Basement, Denies Moving Funds From Alameda Researchhttps://beincrypto.com/sam-bankman-fried-tweets-parents-basement-denies-moving-funds-alameda-research/Chewy CFO Seeks Labor Cost Savings via Automated Fulfillmenthttps://www.pymnts.com/news/retail/2023/chewy-cfo-seeks-labor-cost-savings-via-automated-fulfillment/AICPA Says It Was Not Hacked, Refutes Reporthttps://www.cpapracticeadvisor.com/2023/01/12/aicpa-says-report-about/75816/Attackers steal AICPA emails passwords https://cybernews.com/news/attackers-steal-aicpa-emails-passwords/Connect with Ron SaharyanWebsite: https://profitfirstprofessionals.com/ LinkedIn: https://www.linkedin.com/in/ron-saharyan-3846a8/Twitter: https://twitter.com/ronsaharyanGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClient Hub - https://clienthub.app/RightTool for QuickBooks Online - https://righttool.appFederal Tax Updates podcast - https://federaltaxupdates.com/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: [email protected]
1/20/20231 hour, 17 minutes, 51 seconds
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Transform #3: Accounting For Pest Control with Matthew Woodcock

Meet Our Guest:Matthew Woodcockhttps://www.linkedin.com/in/matthew-woodcock-230a1210/Learn more about Sprague Pest SolutionsWebsite: https://www.spraguepest.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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) 695-1040 Need Accounting Conference Info? Check out our new website - accountingconferences.com Limited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast  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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
1/16/202316 minutes, 51 seconds
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2023 Predictions for the Accounting Profession

SponsorsOnPay - https://cloudaccountingpodcast.promo/onpayLiveFlow - https://cloudaccountingpodcast.promo/liveflowPatriot Software - https://cloudaccountingpodcast.promo/patriotNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes16:03 – Zero100 Supply Chain Predictions For 2023https://www.forbes.com/sites/kevinomarah/2022/12/29/zero100-supply-chain-predictions-for-2023/ 19:45 – 200262 top 10 fintech predictions for 2023https://www.crowdfundinsider.com/2022/12/200262-top-10-fintech-predictions-for-2023/ 36:50 – AccountingWEB quotes of the year 2022https://www.accountingweb.co.uk/tax/hmrc-policy/accountingweb-quotes-of-the-year-2022Get 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsClientHub - https://clienthub.app/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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: [email protected]
1/11/202351 minutes, 8 seconds
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Transform #2: How to Support Black Female Entrepreneurship

Meet Our Guest:Cameka SmithLinkedIn: https://www.linkedin.com/in/camekasmith/ Learn more about The Boss NetworkWebsite: https://www.thebossnetwork.org/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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) 695-1040 Need Accounting Conference Info? Check out our new website - accountingconferences.com Limited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast  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 link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd   Full Transcript Available Upon Request - [email protected]
1/10/202316 minutes, 28 seconds
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Transform #1: The Future of Sage with Aaron Harris, Walid Abu-Hadba, and Steve Hare

Meet Our Guests: Aaron Harris, Global CTO at SageWebsite: https://www.sageintacct.com/leadership/aaron-harrisLinkedIn: https://www.linkedin.com/in/aaron-harris-7407b2/ Walid Abu-Hadba, Chief Product and Development Officer at SageLinkedIn: https://www.linkedin.com/in/walida/ Steve HareLinkedIn: https://www.linkedin.com/in/steve-hare/Twitter: https://www.twitter.com/stevehare Learn more about SageWebsite: https://www.sage.com/en-us/Website: https://www.sageintacct.com/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe 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) 695-1040 Need Accounting Conference Info? Check out our new website - accountingconferences.com Limited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merch Subscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast  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 link below to get more info. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Full Transcript Available Upon Request - [email protected]
1/8/202350 minutes, 59 seconds
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Accountants Blamed for Southwest Meltdown

SponsorsLiveFlow - https://cloudaccountingpodcast.promo/liveflowZoho - https://cloudaccountingpodcast.promo/zohoNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes7:30 – Larry Lonero - What happened to Southwest Airlines?https://m.facebook.com/story.php?story_fbid=pfbid0yKYoWfoFnjNZcCBP4fz1M6nSEiaW2CqKE2E5ZGCWEHRqPretS3LVvWfqsZMkjvwml&id=1315600950&mibextid=qC1gEa 17:00 – Why So Many Accountants Are Quittinghttps://www.wsj.com/articles/why-so-many-accountants-are-quitting-11672236016 25:00 – What's the Lowest Pay US Workers Would Accept for a New Job? Almost $74,000 – Bloomberghttps://trib.al/P7ACxdI 30:00 – FW: Promoting and Growing the CPA Profession TogetherGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: [email protected]
1/6/202352 minutes, 15 seconds
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Auditing Apathy With Ron Baker

SponsorsLiveFlow - https://cloudaccountingpodcast.promo/liveflowZoho - https://cloudaccountingpodcast.promo/zohoNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpe Show NotesBuy Ron's book, "Time's Up!: The Subscription Business Model for Professional Firms": https://a.co/d/afwLczp14:27 – FTX US auditor Armanino defends work for failed crypto exchangehttps://www.ft.com/content/42087255-92ad-45b7-b5ad-3b8457e0c1f8Get 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsRightTool for QuickBooks Online - https://righttool.appWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
12/30/20221 hour, 7 minutes, 11 seconds
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QuickBooks? They Were On QuickBooks?

SponsorsZoho - https://cloudaccountingpodcast.promo/zohoLiscio - https://cloudaccountingpodcast.promo/liscioCanopy - https://cloudaccountingpodcast.promo/canopyNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes14:24 – Accountant that vetted Binance's reserves halts all crypto work | Accounting Todayhttps://www.accountingtoday.com/articles/accountant-that-vetted-binances-reserves-halts-all-crypto-work 15:00 – Auditor Mazars Pauses All Work For Binance, Other Crypto Clientshttps://www.investopedia.com/mazars-suspends-crypto-clients-6931106 Binance says the accounting firm it used to verify its reserves has paused all work for crypto clientshttps://www.wsj.com/articles/binance-says-accounting-firm-pauses-work-for-its-crypto-clients-11671200654 Binance Shows 'Proof' It Has All Your Bitcoin — Critics Aren't Sold – Blockworkshttps://blockworks.co/news/binance-shows-proof-it-has-all-your-bitcoin-critics-arent-sold Twitter: What’s going on with Binance?https://twitter.com/grdecter/status/1603786519445135360?s=12&t=sLzsirYQevPrZ7y6qVSYBw 21:30 – Tether has increasingly been lending its own coins, adding risks to the stablecoin that is an important cog in the crypto systemhttps://www.wsj.com/articles/rising-tether-loans-add-risk-to-stablecoin-crypto-world-11669875590 36:39 – Intuit announces enhancements to tax productshttps://www.accountingtoday.com/news/intuit-tax-advisor-boosted-with-bevy-of-new-features 40:50 – Wayne Chang on LinkedIn: What an *incredible* last 5 years!https://www.linkedin.com/posts/waynechang_what-an-incredible-last-5-years-activity-7008861925388275712-330c?utm_source=share&utm_medium=member_ios 42:53 – Xero establishes a technology base in India | Xero Bloghttps://www.xero.com/blog/2022/11/xero-establishes-technology-base-in-india/ 45:27 – U.S. banks including JPMorgan Chase are creating a plan to refund victims of scams on the Zelle payment networkhttps://www.wsj.com/articles/jpmorgan-other-banks-in-talks-to-reimburse-scammed-zelle-customers-11669608886 45:55 – Build connections in Microsoft Teams with Games for Work, a new Microsoft Teams app| Microsoft 365 Bloghttps://www.microsoft.com/en-us/microsoft-365/blog/2022/11/16/build-connections-with-games-for-work-a-new-microsoft-teams-app/ 50:53 – Voicemail from Kate Johnson, re: education – Thank you! 54:56 – Crypto.com proof of reserve agreed upon procedureshttps://mail.google.com/mail/u/0/#inbox/FMfcgzGrbRZxbsrFFpflZqfdGLCtwTTl 56:20 – Luke Templin purchased FinDaily.io from Jason StaatsGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsRightTool for QuickBooks Online - https://righttool.appWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
12/23/20221 hour, 3 minutes, 34 seconds
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Everything To Know From QuickBooks Connect 2022

SponsorsOnPay - https://cloudaccountingpodcast.promo/onpayCanopy - https://cloudaccountingpodcast.promo/canopyFreshBooks - https://cloudaccountingpodcast.promo/freshbooksNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeWatch More Highlights from QuickBooks Connect 2022 here: https://youtube.com/playlist?list=PLumDOwSc4oNqbL8OmegkyuFiyIK8KgerZShow Notes6:11 – Blake Oliver on Twitter: "3 things I learned at #qbconnecthttps://twitter.com/BlakeTOliver/status/1601675538656919552 20:10 – Intuit QuickBooks' Latest Innovations to Help Support and Drive Business Successhttps://www.intuitiveaccountant.com/accounting-tech/vendor-news/intuit-quickbooks-latest-innovations-to-help-support-and-dri/ 22:27 – Intuit rolls out new features for QuickBooks Online Accountanthttps://news.google.com/__i/rss/rd/articles/CBMiY2h0dHBzOi8vd3d3LmFjY291bnRpbmd0b2RheS5jb20vbmV3cy9pbnR1aXQtcm9sbHMtb3V0LW5ldy1mZWF0dXJlcy1mb3ItcXVpY2tib29rcy1vbmxpbmUtYWNjb3VudGFudNIBAA?oc=5 36:00 – 3000+ Accounting Pros Attend Live QB Connect Conference in Vegas: Intuit Announces Big New Featureshttps://www.cpapracticeadvisor.com/2022/12/08/intuit-announces-new-tech-at-qbc-conference/74149/ 52:55 – Congressional report: Scottsdale startup facilitated ‘massive’ amounts of pandemic-related fraudhttps://www.azfamily.com/2022/12/02/congressional-report-scottsdale-startup-facilitated-massive-amounts-pandemic-related-fraud/ 58:01 – Uplinq Raises $5.6M in Seed Fundinghttps://www.finsmes.com/2022/12/uplinq-raises-5-6m-in-seed-funding.html 1:03:18 – AICPA offers $1M in scholarships for 2023https://news.google.com/__i/rss/rd/articles/CBMiTWh0dHBzOi8vd3d3LmFjY291bnRpbmd0b2RheS5jb20vbmV3cy9haWNwYS1vZmZlcnMtMW0taW4tc2Nob2xhcnNoaXBzLWZvci0yMDIz0gEA?oc=5 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsRightTool for QuickBooks Online - https://righttool.appuCollect - https://ucollect.biz/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
12/16/20221 hour, 10 minutes, 3 seconds
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Big Four Accounting Zombies

SponsorsCanopy - https://cloudaccountingpodcast.promo/canopyRelay - https://cloudaccountingpodcast.promo/relayLiscio - https://cloudaccountingpodcast.promo/liscioNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes3:45 – Employers Rethink Need for College Degrees in Tight Labor Markethttps://www.wsj.com/articles/employers-rethink-need-for-college-degrees-in-tight-labor-market-11669432133 8:23 – Building a Stronger Pipeline: Stacking Pre-CPA Accounting Licenses on the Way to CPAhttps://www.cpajournal.com/2022/11/23/building-a-stronger-pipeline/ 31:30 – Decimal acquires KPMG Spark | Accounting Todayhttps://www.accountingtoday.com/news/decimal-acquires-kpmg-spark Accounting FinTech Decimal Buys Bookkeeping Service KPMG Sparkhttps://www.pymnts.com/back-office/2022/accounting-fintech-decimal-buys-bookkeeping-service-kpmg-spark/ KPMG Sells Its Spark Business to Accounting Fintech Decimalhttps://www.cpapracticeadvisor.com/2022/11/30/kpmg-sells-its-spark-business-to-accounting-fintech-decimal/73901/ 38:00 – Deloitte Walking Dead Adhttps://www.reddit.com/r/Accounting/comments/z0xtx9/deloitte_walking_dead_ad/?utm_source=share&utm_medium=ios_app&utm_name=iossmf 41:50 – The Best Tax System on Earthhttps://www.peoplespolicyproject.org/2022/11/29/the-best-tax-system-on-earth/ 45:46 – Comey and McCabe weren't targeted for tax audits, TIGTA finds | Accounting Todayhttps://www.accountingtoday.com/news/comey-and-mccabe-werent-targeted-for-tax-audits-tigta-finds 46:48 – Intuit Inc. (INTU) Q1 2023 Earnings Call Transcripthttps://seekingalpha.com/article/4561259-intuit-inc-intu-q1-2023-earnings-call-transcript Intuit Reports Strong First Quarter Results and Reiterates Full Year Operating Income and Earnings Per Share Guidancehttp://www.businesswire.com/news/home/20221129005009/en/Intuit-Reports-Strong-First-Quarter-Results-and-Reiterates-Full-Year-Operating-Income-and-Earnings-Per-Share-Guidance/?feedref=JjAwJuNHiystnCoBq_hl-Q-tiwWZwkcswR1UZtV7eGe24xL9TZOyQUMS3J72mJlQ7fxFuNFTHSunhvli30RlBNXya2izy9YOgHlBiZQk2LOzmn6JePCpHPCiYGaEx4DL1Rq8pNwkf3AarimpDzQGuQ== 50:21 – AuditClub addresses CPA talent shortage with the launch of the AuditClub academy | Accounting Todayhttps://www.accountingtoday.com/news/auditclub-addresses-cpa-talent-shortage-with-the-launch-of-the-auditclub-academy 53:41 – Intuit to Acquire Financial Health Startup SeedFihttp://www.businesswire.com/news/home/20221201005348/en/Intuit-to-Acquire-Financial-Health-Startup-SeedFi/?feedref=JjAwJuNHiystnCoBq_hl-SP7CEH_PxTjduXJ0SDrbU6qcp-o_pnudlUwsb5apQ1S4gUE65BTfjH3-pSuqdv0gW3cb3F4oTIgUqCPafFkgu67Ap_pA_yJ1XPgPy1DuJnYGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsRightTool for QuickBooks Online - https://righttool.appuCollect - https://ucollect.biz/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
12/6/20221 hour, 7 minutes, 20 seconds
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How Much Do Accounting Firm Partners Make?

SponsorsJirav - https://cloudaccountingpodcast.promo/jiravZoho - https://cloudaccountingpodcast.promo/zohoRelay - https://cloudaccountingpodcast.promo/relayNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes6:35 – SURVEY: Tax Software Favorite Keeps Crown - CPA Trendlineshttps://cpatrendlines.com/2022/11/22/survey-tax-software-favorite-keeps-crown/ 18:05 – Top Trends ’23: Look Who’s Making Money Nowhttps://cpatrendlines.com/2022/11/18/outlook-2023-look-whos-making-money-now/ 34:05 – Editing active serviceshttps://support.ignitionapp.com/en/articles/6713627-editing-agreed-services 38:45 – Texas startup has laid off most employees after failing to secure more fundinghttps://www.wsj.com/articles/anti-woke-bank-glorifi-to-shut-down-11669051554 51:30 – Ramp on Twitter: "NEW for Accountants & Bookkeepers: Ramp’s Advisor Console.https://twitter.com/tryramp/status/1592899081495613440?s=20&t=Eg_35_92Q13VVNjzgFcLWQ 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsRightTool for QuickBooks Online - https://righttool.appuCollect - https://ucollect.biz/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
12/2/20221 hour, 9 minutes, 27 seconds
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SuiteWorld #6: Hostile Takeover Leads to New ERP Rollout

Meet Our Guest, Shana VealeLinkedIn: https://www.linkedin.com/in/shana-veale-cpa-822b2aa/Learn more about PharmChem, Inc.Website: http://www.pharmchek.comThe PharmChek® Sweat Patch (or Drug Patch) by PharmChem, Inc. is worn on the skin for up to 10 days or longer and uses sweat as the specimen source. PharmChek® not only acts as a deterrent to continued drug use, but also offers the following advantages:- Increased window of detection- Can be used as both a reward or a sanction- Detects parent drug and drug metabolite- Variable removal date- Quick application & removal- No urine collections- No undetected substitution, dilution, or adulteration- Gender indifferent Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
12/1/202222 minutes, 59 seconds
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A Ponzi For The People

SponsorsRelay - https://cloudaccountingpodcast.promo/relayLiscio - https://cloudaccountingpodcast.promo/liscioCanopy - https://cloudaccountingpodcast.promo/canopyNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeRegister to attend the Cloud Accounting Podcast Party during QuickBooks Connect 2022 in Las Vegas: https://cloudacctpod.link/partyShow NotesRegister to attend the Cloud Accounting Podcast Party during QuickBooks Connect 2022 in Las Vegas: https://cloudacctpod.link/party 9:16 – FTX’s Balance Sheet Was Badhttps://archive.ph/2022.11.16-034331/https://www.bloomberg.com/opinion/articles/2022-11-14/ftx-s-balance-sheet-was-bad?leadSource=uverify%20wall 13:00 – Twitter: How bad were FTX’s internal controls?https://twitter.com/grdecter/status/1593272102047580161?s=12&t=Ar7b4TGm8sY-JyEkPV85DQ 23:00 – Meet the Metaverse Nightclub–Loving Audit Firm That Presided Over FTX’s Financialshttps://www.coindesk.com/business/2022/11/11/meet-the-metaverse-night-clubloving-audit-firm-that-presided-over-ftxs-financials/ 35:29 – Imagine McDonald’s makes its own moneyhttps://twitter.com/lynaldencontact/status/1590063257158811648?s=12&t=KR_1sPxxABmrNI70Y8SoGgGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsRightTool for QuickBooks Online - https://righttool.appuCollect - https://ucollect.biz/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
11/25/20221 hour, 4 minutes, 31 seconds
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SuiteWorld #5: Meltdown Free Manufacturing and Distribution

Meet Our Guest, Connor WrayLinkedIn: https://www.linkedin.com/in/connorwray/Learn more about JonnyPopsWebsite: https://www.jonnypops.com/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
11/22/202223 minutes, 50 seconds
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SuiteWorld #4: The Accounting Tech Behind Crumbl Cookies

Meet Our Guest:Michael CardLinkedIn: https://www.linkedin.com/in/michaelcardcertus/Learn more about Crumbl CookiesWebsite: https://crumblcookies.com/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
11/19/202223 minutes, 7 seconds
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TurboTax LIVE for S Corp Pricing Revealed

SponsorsOnPay - https://cloudaccountingpodcast.promo/onpayFreshBooks - https://cloudaccountingpodcast.promo/freshbooksLiscio - https://cloudaccountingpodcast.promo/liscioNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeRSVP for the Cloud Accounting Podcast Party!DECEMBER 7TH7 PM to 9 PMChandelier Lounge Cosmopolitan Hotel Las Vegashttps://cloudacctpod.link/partyShow NotesRSVP for the Cloud Accounting Podcast PartyDECEMBER 7TH7 PM to 9 PMChandelier Lounge Cosmopolitan Hotel Las Vegashttps://cloudacctpod.link/party 1:55 – r/Accounting - Happy International Accounting Dayhttps://www.reddit.com/r/Accounting/comments/yrj5ev/happy_international_accounting_day/?utm_source=share&utm_medium=ios_app&utm_name=iossmf 6:37 – FTX founder blames crypto meltdown on ‘poor labeling’ of bank accountshttps://www.telegraph.co.uk/business/2022/11/10/bitcoin-plunge-80pc-jp-morgan-warns-crypto-cascade/ 18:00 – SURVEY: Workflow Is a Problem. So Why Aren't Firms Buying Solutions? - CPA Trendlineshttps://cpatrendlines.com/2022/11/08/survey-workflow-is-a-problem-but-firms-arent-buying-solutions/ 24:49 – Caleb L. Jenkins, EA, CQP on LinkedIn: TurboTax Live Business Full Service | TurboTax FS Businesshttps://www.linkedin.com/posts/calebjenkins1994_turbotax-live-business-full-service-turbotax-activity-6995591412155129857-HNhh?utm_source=share&utm_medium=member_ios 47:31 – Kanye’s Former Accountant Sues For $4.5M in Unpaid Feeshttps://www.billboard.com/pro/kanyes-former-accountant-sues-unpaid-fees/ 50:05 – Xero Shares Hit Lowest Level Since March 2020 After CEO Announces Retirementhttp://www.wsj.com/articles/xero-shares-hit-lowest-level-since-march-2020-after-ceo-announces-retirement-151668040514Connect with Joe WoodardLinkedIn: https://www.linkedin.com/in/quickbooksadvisor/Twitter: https://twitter.com/joewoodardWebsite: http://woodard.comRegister for Scaling New Heights 2023: https://www.woodard.com/2023-scaling-new-heightsGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsRightTool for QuickBooks Onilne - https://righttool.appuCollect - https://ucollect.biz/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
11/17/20221 hour, 5 minutes, 43 seconds
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SuiteWorld #3: The Debits and Credits of Crypto

Meet Our Guests:Patrick White,  Co-founder and CEO of BitwaveLinkedIn: https://www.linkedin.com/in/patwhite/Twitter: https://twitter.com/patwhiteRafael Casas, Vice President of Business Development at BitwaveLinkedIn: https://www.linkedin.com/in/rafaelcasas/Twitter: https://twitter.com/RafaelCasasBWLearn more about Bitwavehttps://www.bitwave.io/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
11/15/202241 minutes, 49 seconds
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The 150 Hour Problem

SponsorsFreshBooks - https://cloudaccountingpodcast.promo/freshbooksLiscio - https://cloudaccountingpodcast.promo/liscioCanopy - https://cloudaccountingpodcast.promo/canopyNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes28:33 – Accountants and auditors in Iowa no longer need a four-year degreehttps://www.3newsnow.com/news/local-news/accountants-and-auditors-in-iowa-no-longer-need-a-four-year-degree 17:42 – The CPA pipeline and changes to the exam — AICPA Town Hall — Overcasthttps://overcast.fm/+oCOxvU3PM/41:20Join the Focused Firm email list: https://go.earmarkcpe.com/the-focused-firmGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsRightTool for QuickBooks Onilne - https://righttool.appuCollect - https://ucollect.biz/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
11/11/20221 hour, 2 seconds
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SuiteWorld #2: Accounting for Bitcoin, ESG, and SPACs with Jason Sheehan, CPA

Meet Our Guest, Jason Sheehan CPA, Director of Finance, Griid LinkedIn: https://www.linkedin.com/in/jason-sheehan-cpa/Learn more about GriidWebsite: https://www.griid.com/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request: [email protected]
11/7/202223 minutes, 42 seconds
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Podcasting From The Pumpkin Patch

SponsorsCanopy: https://cloudaccountingpodcast.promo/canopyZoho: https://cloudaccountingpodcast.promo/zohoLiscio: https://cloudaccountingpodcast.promo/liscioNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes14:30 – Matt Foreman on Twitter: "Say you don’t know how “ordinary and necessary” is defined by tax law without saying you don’t know how “ordinary and necessary” is defined by tax law.https://twitter.com/ForemanTaxLaw/status/1583131258514997255?s=20&t=15n3x7F2ZI0zGb12LXLuSg 29:46 – Matt Foreman on Twitter: "Tell me you’re taking incredibly aggressive tax positions that won’t withstand audit without saying you’re taking incredibly aggressive tax positions that won’t withstand audit. I’m looking at you @sweatystartuphttps://twitter.com/ForemanTaxLaw/status/1585230135086747648?s=20&t=15n3x7F2ZI0zGb12LXLuSg 49:12 – How the FedNow(SM) Service will workhttps://www.youtube.com/watch?v=le8Me8AfK8k Federal Reserve Gov. Waller speaking at Money 20/20 on FedNow. He tells industry to start investing in the build now to be ready to go in 6-8 months at launch, to help ensure full adoption. pic.twitter.com/iVuRmYfFDW— Nick Catino (@CatinoNick) October 25, 2022 https://twitter.com/CatinoNick/status/1584965995084779520 #Money2020USA attendees: Stop by our booth (3022) and the Federal Reserve's Suite at the conference to engage with #Fed representatives and learn more about our progress in #payments modernization! More info: https://t.co/2blzbYCrjP #FedNow #paymentsindustry #fintech pic.twitter.com/l3UHm4OTim— FRB Services (@FRBservices) October 25, 2022 https://twitter.com/FRBservices/status/1584983595306962947 54:06 – Tyler Perry revealed he once fired his accounting team after learning the IRS owed him $9 millionhttps://twitter.com/dionnegrant/status/1583160930778902530?s=12&t=jlkslMylyY6-Hz_nKVrHDw Tyler Perry Fires Entire Accounting Team After Finding Out the IRS Owes Him N3.9b Due to Overpaymenthttps://briefly.co.za/entertainment/celebrities/142975-tyler-perry-fires-entire-accounting-team-finding-irs-owed-r164m-due-overpayment/ 56:37 – This Big 4 Accounting Firm Launches Metaverse Client Experiencehttps://news.google.com/__i/rss/rd/articles/CBMiPWh0dHBzOi8vY29pbmdhcGUuY29tL2NyeXB0by1uZXdzLWVybnN0LXlvdW5nLW1ldGF2ZXJzZS13ZWItMy_SAQA?oc=5 58:15 – Wolters Kluwer plants its flag in the Metaverse | Accounting Todayhttps://www.accountingtoday.com/news/wolters-kluwer-plants-its-flag-in-the-metaverse 1:00:27 – IRS to require speech recognition to reach Practitioner Priority Service | Accounting Todayhttps://www.accountingtoday.com/news/irs-to-require-speech-recognition-to-reach-practitioner-priority-service Meet Jeremy Wells, PhD, CPA, EAWebsite: http://jwellscfo.comLinkedIn: https://www.linkedin.com/in/jwellscfo/Twitter: https://twitter.com/JWellsCFOGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsRightTool for QuickBooks Onilne: https://righttool.appuCollect: https://ucollect.biz/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
11/4/20221 hour, 6 minutes
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SuiteWorld #1: The Suiteness of Integrated Financials with Evan Goldberg

Meet Our Guest:Evan Goldberg, Executive Vice President and Founder, NetSuiteLinkedIn: https://www.linkedin.com/in/evan-netsuite/Learn more about NetSuiteWebsite: https://www.netsuite.comNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
11/2/202219 minutes, 46 seconds
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The 40-Hour Workweek

SponsorsLiscio: https://cloudaccountingpodcast.promo/liscioCanopy: https://cloudaccountingpodcast.promo/canopyRelay: https://cloudaccountingpodcast.promo/relayNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes2:40 – Alright #TaxTwitter, I'm calling it. After 961 painful days of March 2020, #Marchternity is over. (Except in FL/NC/SC/AK.) Though our profession will never be the same after all this shit, we're very likely done with enormous tax bills in Congress for at least a few years. 1/— Adam Markowitz (@adammarkowitzEA) October 18, 2022 https://twitter.com/adammarkowitzEA/status/1582400309024153600 4:44 – Remote Work Drove Over 60% of US House-Price Surge, Fed Study Finds – Bloomberghttps://www.bloomberg.com/news/articles/2022-09-26/remote-work-drove-over-60-of-house-price-surge-fed-study-finds 6:51 – Would You Take a Pay Cut in Exchange For a 40-Hour Workweek in a Beachside Locale? - Going Concernhttps://www.goingconcern.com/citigroup-malaga-spain-analyst-program/ 14:02 – Art of Accounting: Importance of being or appearing calm | Accounting Todayhttps://www.accountingtoday.com/opinion/art-of-accounting-importance-of-being-or-appearing-calm 19:55 – National Fire Some Clients Day – The Good, The Bad, and The Ugly Accounting Podcasthttps://podcasts.apple.com/us/podcast/national-fire-some-clients-day/id1631008207?i=1000581829385 20:47 – 70% of Accountants Find Clients are Usually More Responsive than Coworkershttps://www.cpapracticeadvisor.com/2022/10/18/70-of-accountants-find-clients-are-usually-more-responsive-than-coworkers/71865/ 25:08 – Three ways to be more productive from an Amazon engineerhttps://twitter.com/BlakeTOliver/status/1569014786368872448?s=20&t=Jd43_ZqXO-eJNDglERx7HA 29:00 – All my self-employed accountants - how many hrs per day do you work (assume 5-day work week)?https://twitter.com/lorilynwilson/status/1567150457377951744?s=12&t=MzhoXfdIFdLkoRdV6POdGA 33:05 – Fat Joe is Suing BDO - Going Concernhttps://www.goingconcern.com/fat-joe-is-suing-bdo/ 39:32 – Fan who caught Aaron Judge historic homer may catch big tax bill | Fox Businesshttps://www.foxbusiness.com/sports/fan-who-caught-aaron-judge-historic-homer-catch-big-tax-bill 45:47 – One month after entering the spend management space, Rippling goes after global payrollhttps://techcrunch.com/2022/10/20/one-month-after-entering-the-spend-management-space-rippling-goes-after-global-payroll/ 47:59 – Bookkeep Advances Mission to Eliminate Manual Data Entry in the Accounting Industry with a $6.6 Million Investment Led by Fin Capitalhttps://www.prweb.com/releases/2022/10/prweb18967596.htm https://www.bookkeep.com/blog/bookkeep-advances-mission-to-eliminate-manual-data-entry-in-the-accounting-industry-with-a-6-6-million-investment-led-by-fin-capital/?utm_source=social_organic&utm_medium=twitter&utm_campaign=20221020_social 51:10 – Microsoft Excel update will give power users plenty to dig their teeth into | TechRadarhttps://www.techradar.com/news/microsoft-excel-update-will-give-power-users-plenty-to-dig-their-teeth-into 53:43 – Shopify adds tax support to product | Accounting Todayhttps://www.accountingtoday.com/news/shopify-adds-tax-support-to-product 56:17 – Outmin raises €1.5 million to scale accounting solutionhttps://tech.eu/2022/10/20/outmin-raises-eur15-million-to-scale-accounting-solution/ 1:00:51 – Xero Announces Price Changes for North Americahttps://www.intuitiveaccountant.com/accounting-tech/vendor-news/xero-announces-price-changes-for-north-american-users/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsRightTool for QuickBooks Online - https://righttool.appuCollect - https://ucollect.biz/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
10/28/20221 hour, 7 minutes, 17 seconds
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Xerocon #3: Turning "You Have No Experience" Into A Thriving Firm

Meet Our Guest:Miguel Otchere-Marshall, Founder and CEO of NelopyLinkedIn: https://www.linkedin.com/in/miguel-otchere-marshall-58520451/Learn more about Nelopyhttps://www.nelopy.com/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
10/26/202229 minutes, 19 seconds
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Xerocon #2: How Xero Is Making The United States A Priority

Meet Our GuestBen Richmond, CA, Country Manager, United States at XeroLinkedIn: https://www.linkedin.com/in/ben-richmond-ca-b8794220/Twitter: https://twitter.com/benrichmond1Learn more about Xerohttps://www.xero.com/us/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
10/24/202215 minutes, 17 seconds
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Intacct News From Sage Transform

SponsorsOnPay - https://cloudaccountingpodcast.promo/onpayZoho - https://cloudaccountingpodcast.promo/zohoFreshBooks -  https://cloudaccountingpodcast.promo/freshbooksNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes5:48 – Sage becomes official partner of Major League Baseball in tech brand’s first North American sports partnershiphttps://www.sage.com/en-us/news/press-releases/2022/10/sage-becomes-official-partner-of-major-league-baseball/ Sage announces key acquisition, product enhancements and strategic sports partnership deal at Transform 2022 https://www.sage.com/en-us/news/press-releases/2022/10/sage-announces-key-acquisition-product-enhancements-and-strategic-sports/ 7:49 – Sage acquires Spherics to help SMBs measure and cut their carbon emissionshttps://www.sage.com/en-us/news/press-releases/2022/10/sage-acquires-spherics-to-help-smbs-measure-and-cut-their-carbon-emissions/ Sage buys carbon accounting software solution from Sphericshttps://www.accountingtoday.com/news/sage-buys-carbon-accounting-software-solution-from-spherics 9:35 – Climatiq: Climate Tech Startup Raises $5.8 Million Seed Roundhttps://www.businessinsider.com/pitch-deck-climatiq-the-google-analytics-carbon-accounting-2022-10 London-Based Carbon Accounting Startup Emitwise Cuts Jobshttps://www.businessinsider.com/london-based-carbon-accounting-startup-emitwise-cuts-jobs-2022-10 11:28 – Sage announces new product integrations with Microsoft to make life easier for SMBshttps://www.sage.com/en-us/news/press-releases/2022/10/sage-announces-new-product-integrations-with-microsoft/ Sage Adds SMB-Focused Integrations with Microsofthttps://www.cpapracticeadvisor.com/2022/10/12/71613/71613/ 13:55 – Sage expands into new markets and capabilities to boost SMBs’ productivityhttps://www.sage.com/en-us/news/press-releases/2022/10/sage-expands-into-new-markets-and-capabilities/ 27:37 – David's tweet about digital accounting networks : https://twitter.com/davidleary/status/1580658965012443137 41:51 – Voicemail from Michael Alman – Thank you!https://mail.google.com/mail/u/0/#inbox/FMfcgzGqQvxlCnqZLHBSFWvrpqPKtFMM 48:00 – QuickBooks named as most puzzling app to navigate according to Google searches | Accounting Todayhttps://www.accountingtoday.com/news/quickbooks-named-as-most-puzzling-app-to-navigate-according-to-google-searches 50:04 – SURVEY: How Many Monitors on Your Desk? - CPA Trendlineshttps://cpatrendlines.com/2022/10/11/survey-double-the-monitors-double-the-fun/ 54:20 – It's Lonely in the Metaverse: Decentraland’s 38 Daily Active Users in a $1.3B Ecosystemhttps://www.coindesk.com/web3/2022/10/07/its-lonely-in-the-metaverse-decentralands-38-daily-active-users-in-a-13b-ecosystem/ 58:35 – Intuit launches pilot growth program for application developershttps://blogs.intuit.com/blog/2022/10/12/intuit-launches-pilot-growth-program-for-application-developers/ 1:00:17 – Donald Trump Jr. Admits He Doesn't Get Basic Accountinghttps://www.businessinsider.com/donald-trump-jr-admits-he-doesnt-get-basic-accounting-2022-10 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast YouTube: https://www.youtube.com/c/CloudAccountingPodcast ClassifiedsuCollect - https://ucollect.biz/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
10/20/20221 hour, 8 minutes, 51 seconds
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Ex-Big Four Auditor Explains Massive Audit Failures

Meet Our Guest, Chris VanoverLinkedIn: https://www.linkedin.com/in/chrisvcpa/Learn more about AuditClubWebsite: https://auditclub.cpa/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
10/19/202220 minutes, 3 seconds
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Xerocon #1 : No Office, No Code, No Problem

Meet Chad Davis, CPA, CMALinkedIn: https://www.linkedin.com/in/chaddavis1/Twitter: https://twitter.com/chaddavisLearn more about LiveCAWebsite: https://www.liveca.ca/Learn more about the AutomationTown podcast:Website: https://automationtown.transistor.fm/Twitter: https://twitter.com/automationtownTikTok: https://www.tiktok.com/@automationtownNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
10/18/202222 minutes, 3 seconds
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DIY Your S Corp Return With TurboTax

SponsorsJirav - https://cloudaccountingpodcast.promo/jiravCanopy - https://cloudaccountingpodcast.promo/canopyZoho - https://cloudaccountingpodcast.promo/zohoNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes7:04 – RightTool for QuickBooks Onlinehttps://chrome.google.com/webstore/detail/righttool-for-quickbooks/ocgmjfcfjilnmobeocoklcbpcanilpjd 7:46 – Intuit Inc. - Intuit Investor Day 2022https://investors.intuit.com/events-and-presentations/event-details/2022/Intuit-Investor-Day-2022/default.aspx 43:42 – Big Bet 2: Connect people to experts – YouTubehttps://www.youtube.com/watch?t=315&utm_campaign=What%27s+Next+for+Accounting%3F&utm_medium=email&utm_source=Revue+newsletter&v=QazBHW1jrdU&feature=youtu.be 56:31 – Kabbage Files for Chapter 11 Bankruptcyhttps://smallbiztrends.com/2022/10/kservicing-kabbage-files-chapter-11-bankruptcy.html 57:52 – More than a gig: Uber's new card targets professional drivershttps://www.americanbanker.com/payments/news/more-than-a-gig-ubers-new-card-targets-professional-driversSign up for Hector and Blake's 8-part free CPE practice management series, Focused Firm:https://go.earmarkcpe.com/the-focused-firm=Get notified when we go live! Subscribe to the Cloud Accounting Podcast on YouTube: https://www.youtube.com/c/cloudaccountingpodcastGet Right Tool for QuickBooks Online: https://chrome.google.com/webstore/detail/righttool-for-quickbooks/ocgmjfcfjilnmobeocoklcbpcanilpjdGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsuCollect - https://ucollect.biz/capWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
10/14/20221 hour, 4 minutes, 19 seconds
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Scaling New Heights #3: Protecting Your Clients' Data

Meet Our Guests:Jamie BeresfordLinkedIn: https://www.linkedin.com/in/jamie-beresford/Twitter: https://twitter.com/jamie_beresford Website:  https://practiceprotect.com/Andrew LassiseLinkedIn: https://www.linkedin.com/in/lassise/ Website: https://www.rushtechsupport.com/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
10/11/202232 minutes, 44 seconds
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Scaling New Heights #2: How Trapped Accounting Data Affects Bookkeeping

Meet Jason Richelson: LinkedIn: https://www.linkedin.com/in/jasonrichelson/Twitter: https://twitter.com/JrichelsonLearn more about Bookkeephttps://www.bookkeep.com/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
10/10/202217 minutes, 55 seconds
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Investors Demand Revamp of GAAP

SponsorsZoho: https://cloudaccountingpodcast.promo/zohoLiveFlow: https://cloudaccountingpodcast.promo/liveflowCanopy: https://cloudaccountingpodcast.promo/canopyNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes12:23 – How Republicans Are ‘Weaponizing’ Public Office Against Climate Actionhttps://www.nytimes.com/2022/08/05/climate/republican-treasurers-climate-change.html How an Organized Republican Effort Punishes Companies for Climate Actionhttps://www.nytimes.com/2022/05/27/climate/republicans-blackrock-climate.html 27:58 – PwC launches 'work for credit' program for aspiring accountants | Accounting Todayhttps://www.accountingtoday.com/news/pwc-launches-work-for-credit-program-for-aspiring-accountants 30:23 – A Bunch of Auditors at RSM F*cked Up - Going Concernhttps://www.goingconcern.com/a-bunch-of-auditors-at-rsm-fcked-up/ RSM to pay $3.75M to SEC for improper auditshttps://www.accountingtoday.com/news/rsm-to-pay-3-75m-penalty-to-sec-for-improper-audits 33:29 – SEC advisory committee recommends revamp of FASB | Accounting Todayhttps://www.accountingtoday.com/news/sec-advisory-committee-recommends-revamp-of-fasb 39:35 – SEC charges Friedman with improper professional conduct in audits | Accounting Todayhttps://www.accountingtoday.com/news/sec-charges-friedman-with-improper-professional-conduct-in-audits 41:35 – How Creative Accounting Camouflages Weak Corporate Profitshttps://www.bloomberg.com/opinion/articles/2022-09-28/how-creative-accounting-camouflages-weak-corporate-profits 43:11 – Fewer people seek US unemployment aid amid solid hiring - ABC Newshttps://abcnews.go.com/US/wireStory/fewer-people-seek-us-unemployment-aid-amid-solid-90690648 45:01 – Why Worker Productivity Is So Important to the Economyhttps://www.wsj.com/video/series/wsj-explains/why-worker-productivity-is-so-important-to-the-economy/B7425A68-2F71-4DF7-BCB8-29A05C2FF657 52:20 – NetSuite Announces Accounts Payable Automation to Increase the Accuracy and Speed of Processing Bills and Making Paymentshttps://www.netsuite.com/portal/company/newsroom/netsuite-announces-accounts-payable-automation-to-increase-the-accuracy-and-speed-of-processing-bills-and-making-payments.shtml 54:25 – NetSuite Introduces Configure, Price, Quote Solution to Help Organizations Accelerate and Simplify the Sales Processhttps://www.netsuite.com/portal/company/newsroom/netsuite-introduces-configure-price-quote-solution-to-help-organizations-accelerate-and-simplify-the-sales-process.shtml 55:21 – NetSuite Launches Ship Central to Help Organizations Improve Warehouse Operationshttps://www.netsuite.com/portal/company/newsroom/netsuite-launches-ship-central-to-help-organizations-improve-warehouse-operations.shtml NetSuite Enhances Analytics Warehouse to Help Customers Maximize the Value of Datahttps://www.netsuite.com/portal/company/newsroom/netsuite-enhances-analytics-warehouse-to-help-customers-maximize-the-value-of-data.shtml 1:02:29 – BlackLine unveils "Hyperautomation" capabilities for taxeshttps://www.accountingtoday.com/news/blackline-unveils-hyperautomation-capabilities-for-taxes 1:04:01 – LPL Launches Dedicated Bookkeeping Service for Financial Advisorshttps://www.pymnts.com/news/b2b-payments/2022/lpl-launches-dedicated-bookkeeping-service-for-financial-advisors/ 1:05:24 – Voicemail from Geraldine Carterhttps://mail.google.com/mail/u/0/#all/QgrcJHrnvrhZWsnpDNHCdCCTrKGSMSdXwNVGet in TouchSarah Work, CPA for South Carolina Treasurer: https://workforsc.org/Thanks 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
10/7/20221 hour, 13 minutes, 57 seconds
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Scaling New Heights #1: Finanzas, Innovación, y Tecnología with Vanessa Vasquez

Connect with Our Guest, Vanessa VasquezLinkedIn: https://www.linkedin.com/in/quickbooksenespanol/Twitter: https://twitter.com/AsesoraVanessaVFacebook: https://www.facebook.com/vanessavasquezproLearn more about Vanessa's company: QuickBooks En Español: https://quickbooksenespanol.com/Other resourcesConferencia F.I.T.: https://conferenciafit.com/Latino Tax Fest: https://latinotaxfest.com/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
10/3/202213 minutes, 24 seconds
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Tax Fraud as a Service

SponsorsLiveFlow: https://cloudaccountingpodcast.promo/liveflowuCollect: https://cloudaccountingpodcast.promo/ucollectLiscio: https://cloudaccountingpodcast.promo/liscioNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes4:31 – Email from Stuart – Thank you! College Student Question - [email protected] - Earmark Mailhttps://mail.google.com/mail/u/0/#inbox/FMfcgzGqQctTPHtxgLVLqVlXfzZDTwXq 7:51 – Email from Britney – Thank you! 8:28 – The robots are here. And they are making you fries.https://www.washingtonpost.com/business/2022/09/20/robots-automating-restaurant-industry/ 20:58 – A federal watchdog said $45.6 billion may have been stolen from a U.S. unemployment insurance program meant to help people laid off during the Covid-19 pandemichttps://www.wsj.com/articles/covid-19-unemployment-fraud-may-have-topped-45-billion-watchdog-estimates-11663876814 21:38 – U.S. Attorney Announces Federal Charges Against 47 Defendants in $250 Million Feeding Our Future Fraud Schemehttps://www.justice.gov/opa/pr/us-attorney-announces-federal-charges-against-47-defendants-250-million-feeding-our-future 22:13 – 'Crypto King' Has Luxury Cars Seized After $35 Million Vanisheshttps://gizmodo.com/crypto-king-bitcoin-price-luxury-cars-seized-35-million-1849561634 23:02 – SEC charges tech company with revenue manipulationhttps://www.accountingtoday.com/news/sec-charges-tech-company-vmware-with-license-key-based-accounting-scheme-to-manipulate-revenue 25:48 – Watch Skandal! Bringing Down Wirecardhttps://www.netflix.com/title/81404807 30:54 – Voicemail from Joe – Thank you! 32:09 – Message from John Pearce via CloudAccountingPodcast.com - [email protected] - Earmark Mailhttps://mail.google.com/mail/u/0/#inbox/FMfcgzGqQcnkkBXXWrFMjRzlDcxbMJGc 33:42 – Message from Jeff Guldenschuh (Gold-N-Shoe) via CloudAccountingPodcast.com - [email protected] - Earmark Mailhttps://mail.google.com/mail/u/0/#inbox/FMfcgzGqQSPxzQSPkRBMZKHfmnhStjnH?compose=new 45:33 – Email from Sarah – Thank you! Colorado now accepts cryptocurrency for tax payments | Accounting Todayhttps://www.accountingtoday.com/news/colorado-now-accepts-cryptocurrency-for-tax-payments 51:23 – Trump’s Former Accounting Firm Begins Turning Over Documents to Congresshttps://www.nytimes.com/2022/09/17/us/politics/mazars-accounting-trump-documents.html?smid=nytcore-ios-share&referringSource=articleShare 52:06 – Trump Is Sued for Fraud By New York State A.G. Letitia Jameshttps://www.nytimes.com/2022/09/21/nyregion/trump-fraud-lawsuit-ny.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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
9/30/202258 minutes, 23 seconds
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Quiet Quitting Your Accounting Job

SponsorsLiveFlow: https://cloudaccountingpodcast.promo/liveflowNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes3:14 – The billionaire founder of Patagonia gave up the company to protect the planet. He may have skirted a $700 million tax bill in the process https://t.co/tUfG40ubQq— Bloomberg (@business) September 15, 2022 https://twitter.com/business/status/1570523789485801477 3:28 – Patagonia Founder Avoids $700 Million Tax Hit By Donating Companyhttps://www.bloomberg.com/news/articles/2022-09-15/patagonia-billionaire-who-gave-up-company-skirts-700-million-tax-hit DealBook: Taxagoniahttps://messaging-custom-newsletters.nytimes.com/template/oakv2?campaign_id=4&emc=edit_dk_20220916&instance_id=72090&nl=dealbook&productCode=DK&regi_id=103928575&segment_id=107219&te=1&uri=nyt%3A%2F%2Fnewsletter%2F1972582f-ea55-5a42-a974-fb0c427aca1d&user_id=238a5e61c9e3ba1f8e99bcc06b505749 17:59 – Quiet Quitters Make Up Half the U.S. Workforce, Gallup Says – WSJhttps://www.wsj.com/articles/quiet-quitters-make-up-half-the-u-s-workforce-gallup-says-11662517806 22:30 – Remote Workers Are Wasting More Than an Hour a Day on Productivity Theater, New Report Finds | Inc.comhttps://www.inc.com/jessica-stillman/productivity-asynchronous-remote-work.html 26:51 – Tips for managing remote workers - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2022/jun/tips-managing-remote-workers.html 29:27 – The AICPA Has Written a Strongly-Worded Letter to the Treasury Department on Remote Workhttps://www.goingconcern.com/the-aicpa-has-written-a-strongly-worded-letter-to-the-treasury-department-on-remote-work/ 31:39 – Email from Ray – Thank you! 33:51 – Employers can track electronically much of what their workers do. But should they?https://www.wsj.com/articles/companies-track-workers-technology-11660935634 36:08 – Why Rural Americans Keep Waiting for Fast Internet, Despite Billions Spent – WSJhttps://www.wsj.com/articles/rural-broadband-internet-fcc-11655300008 36:55 – Hybrid Work Meetings Are Hell. Tech Is Trying to Fix Them.https://www.wsj.com/articles/meetings-are-broken-tech-is-trying-to-fix-them-11655292666 39:44 – Roofr Raises $12M to Advance SaaS Platform for Roofershttps://www.pymnts.com/news/investment-tracker/2022/roofr-raises-12m-to-advance-saas-platform-for-roofers/ 41:25 – Email from David Barrett – [Expensify] Automated payroll, taxes, and filings built into your subscription - [email protected] - Earmark Mailhttps://mail.google.com/mail/u/0/#inbox/FMfcgzGqQSTbhvmcsxBhxtbhwxlpfrph 48:13 – Summit Hosting Acquires Tech Commandoshttps://www.prnewswire.com/news-releases/summit-hosting-acquires-tech-commandos-301623302.html 49:40 – That agent who sounds like they’re from Paris, Texas? Try Paris, France | TechCrunchhttps://techcrunch.com/2022/06/22/that-agent-who-sounds-like-theyre-from-paris-texas-try-paris-france/ 51:06 – Adyen to Become First FinTech Platform to Add Block’s Cash Apphttps://www.pymnts.com/news/mobile-payments/2022/adyen-to-become-first-fintech-platform-to-add-blocks-cash-app/ 52:38 – Visa, Mastercard, AmEx to start categorizing gun shop sales | AP Newshttps://apnews.com/article/gun-violence-shootings-new-york-city-politics-4aae50c67e40f9683f604a8683acc391 59:43 – Drunk Ethics – Greg Kyte – on Apple Podcastshttps://podcasts.apple.com/us/podcast/drunk-ethics/id1640305820Get 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
9/23/20221 hour, 9 minutes, 55 seconds
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Why Accountants Lose Money

SponsorsOnPay https://cloudaccountingpodcast.promo/onpayCanopy https://cloudaccountingpodcast.promo/canopyFreshBooks https://cloudaccountingpodcast.promo/freshbooksNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes2:57 – Inside Bed Bath & Beyond, Concerns Over Mounting Stress for CFOhttps://www.wsj.com/articles/inside-bed-bath-beyond-concerns-over-mounting-stress-for-cfo-11662589539 Bed Bath & Beyond names interim CFO after Arnal's death | Accounting Todayhttps://www.accountingtoday.com/articles/bed-bath-beyond-names-interim-cfo-after-arnals-death Bed Bath & Beyond appoints accounting head as interim CFOhttps://kfgo.com/2022/09/06/bed-bath-beyond-appoints-accounting-head-as-interim-cfo/ Bed Bath & Beyond taps chief accounting officer as interim CFO after executive's suicidehttps://www.cnbc.com/2022/09/06/bed-bath-beyond-taps-chief-accounting-officer-as-interim-cfo-after-executives-death.html 9:17 – The Comedy Store Sues Moss Adams Over Missed $8.5 Million in COVID Relief Fundshttps://www.cpapracticeadvisor.com/2022/08/31/the-comedy-store-sues-moss-adams-over-missed-8-5-million-in-covid-relief-funds/70245/ 13:22 – EY Leaders Green Light Split Plan – WSJhttps://www.wsj.com/articles/ey-to-announce-breakup-plan-for-audit-and-advisory-businesses-11662639241 EY to Split Accounting and Consulting Businesseshttps://www.nytimes.com/2022/09/08/business/ey-ernst-young-split.html?partner=IFTTT 17:00 – Sex Worker Makes $300k A Year After Ditching Accounting Career For Work In A Brothelhttps://www.outkick.com/sex-worker-makes-300k-a-year-after-ditching-accounting-career-for-work-in-a-brothel/ 18:25 – EY Staffers Feel Left in the Dark After Death of Their Colleague Last Weekend - Going Concernhttps://www.goingconcern.com/ey-staffers-feel-left-in-the-dark-after-death-of-their-colleague-last-weekend/?utm_source=rss&utm_medium=rss&utm_campaign=ey-staffers-feel-left-in-the-dark-after-death-of-their-colleague-last-weekend 19:41 – KPMG sued for $830mn over ‘appalling’ Chinese audithttps://www.newsncr.com/business/kpmg-sued-for-830mn-over-appalling-chinese-audit/#:~:text=KPMG%20has%20been%20accused%20of,High%20Court%20heard%20on%20Monday. 23:10 – PwC sees audit quality improving | Accounting Todayhttps://www.accountingtoday.com/news/pwc-sees-audit-quality-improving 28:10 – Paycheck-to-paycheck Consumers Most Willing to Invest in Cryptohttps://www.pymnts.com/cryptocurrency/2022/paycheck-to-paycheck-consumers-most-willing-to-invest-in-crypto/ 29:59 – ‘Far too easy’ — Crypto researcher’s fake Ponzi raises $100K in hourshttps://cointelegraph.com/news/far-too-easy-crypto-researcher-s-fake-ponzi-raises-100k-in-hours 33:51 – US SEC Chair Gensler reiterates crypto stance, frustrating those seeking clarity | TechCrunchhttps://techcrunch.com/2022/08/23/us-sec-chair-gensler-reiterates-crypto-stance-frustrating-those-seeking-clarity/ Gary Gensler's gross SEC overreach | Fox Businesshttps://www.foxbusiness.com/features/gary-gensler-gross-sec-overreach The SEC Treats Crypto Like the Rest of the Capital Marketshttps://www.wsj.com/articles/the-sec-treats-crypto-like-the-rest-of-the-capital-markets-disclosure-compliance-security-investment-mutual-fund-protections-blockfi-bankruptcy-bitcoin-11660937246 36:06 – Email from Ron Baker – Thank you! 40:48 – TriNet acquires Clarus R+D | Accounting Todayhttps://www.accountingtoday.com/news/trinet-acquires-clarus-r-d 44:32 – Credit Karma will pay $3 million to users targeted with false preapproved offershttps://www.npr.org/2022/09/06/1121246081/credit-karma-false-ftc-preapproved-credit-card 46:20 – Accountants try to avoid awkward conversations with clients and it costs them | Accounting Todayhttps://www.accountingtoday.com/news/accountants-try-to-avoid-awkward-conversations-with-clients-and-it-costs-them 51:39 – Sage and Square® partner to help small businesses take morehttps://www.globenewswire.com/news-release/2022/09/08/2512593/0/en/Sage-and-Square-partner-to-help-small-businesses-take-more-control-of-their-finances.html Sage, Square Combine Accounting, POS Softwarehttps://www.pymnts.com/news/b2b-payments/2022/sage-square-combine-their-accounting-and-pos-software/ Square Strengthens Partnership with Amaka to Launch Sage Accounting Integrationhttps://www.accesswire.com/715331/Square-Strengthens-Partnership-with-Amaka-to-Launch-Sage-Accounting-Integration 53:12 – Intuit QuickBooks introduces new 1099 solution for contractor payments | Accounting Todayhttps://www.accountingtoday.com/news/intuit-quickbooks-introduces-new-1099-solution-for-contractor-payments 54:43 – France catches tax-dodging swimming pool owners with AI | Accounting Todayhttps://www.accountingtoday.com/articles/france-catches-tax-dodging-swimming-pool-owners-with-ai 56:14 – It’s not just you. People are actually using Apple Pay now.https://www.wsj.com/articles/apple-pay-iphone-wallet-apps-11660780139Get 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsThe Ambitious Bookkeeper https://www.ambitiousbookkeeper.com/bkworkshopsWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
9/15/20221 hour, 4 minutes, 2 seconds
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Bad Bookkeeping

SponsorsJirav: https://cloudaccountingpodcast.promo/jiravLiscio: https://cloudaccountingpodcast.promo/liscioRelay: https://cloudaccountingpodcast.promo/relayNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes2:02 – Review from Scott Michael Collier – Thank you! 4:49 – PwC Manager is Suing the Firm After He Lost a Chunk of His Skull at a Drunken Work Event - Going Concernhttps://www.goingconcern.com/pwc-manager-is-suing-the-firm-after-he-lost-a-chunk-of-his-skull-at-a-drunken-work-event/ 8:04 – Ernst and Young employee, 33, found dead at Sydney office after Friday night work drinkshttps://www.news.com.au/finance/work/at-work/ernst-and-young-employee-33-found-dead-at-sydney-office-after-friday-night-work-drinks/news-story/53f85fe1c0d9d96c461e9963f662a040 10:26 – Top House Intel Republican downplays Trump's records-handling: 'More of a bookkeeping issue'https://www.washingtonexaminer.com/news/politics/house-intelligence-gop-trump-docs-not-security-threat 12:16 – Crypto.com mistakenly sent a customer $7.2 million instead of a $68 refund - The Vergehttps://www.theverge.com/2022/8/31/23330458/crypto-dot-com-typo-mistake-refund-audit 17:41 – PCAOB, China sign agreement opening door for inspections - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2022/aug/pcaob-china-sign-agreement-opening-door-inspections.html PCAOB observed problems during audits of SPACshttps://www.accountingtoday.com/news/pcaob-observed-problems-during-audits-of-spacs 19:27 – California Passes Radical AB 257 Fast-Food Legislationhttps://www.uschamber.com/employment-law/unions/california-passes-radical-ab-257-fast-food-legislation California Fast Food Wages Would Be Set by Government Under Bill Passed by State Legislaturehttps://www.wsj.com/articles/california-fast-food-wages-would-be-set-by-government-under-bill-passed-by-state-senate-11661811509 California QSRs Push Back Against Wage Billhttps://www.pymnts.com/news/regulation/2022/california-qsrs-push-back-against-wage-bill/ 21:39 – As prices rise, CFOs turn toward automation to control costs | Accounting Todayhttps://www.accountingtoday.com/news/as-prices-rise-cfos-turn-towards-automation-to-control-costs 26:45 – Wassia Kamon, CPA, CMA, MBA on LinkedIn: Top 10 Accounting and Finance Certifications | 177 commentshttps://www.linkedin.com/posts/wassiakamon_top-10-accounting-and-finance-certifications-activity-6962807548219445248-Y35M 29:43 – Email from Joseph – Thank you! 34:16 – Voicemail from Elliot – Thank you! 43:04 – Intuit unveils new logo design | Accounting Todayhttps://www.accountingtoday.com/news/intuit-unveils-new-logo-design It’s a brand new day for Intuit!https://www.intuit.com/blog/news-social/unveiling-our-new-intuit-logo/ 45:22 – Intuit's (INTU) Earnings and Revenues Surpass Estimates in Q4 (Revised)http://www.zacks.com/stock/news/1972710/intuit-s-intu-earnings-and-revenues-surpass-estimates-in-q4-revised?cid=CS-ZC-FT-analyst_blog|earnings_article-1972710 Intuit's (INTU) Earnings and Revenues Surpass Estimates in Q4http://www.zacks.com/ Intuit Inc. (INTU) CEO Sasan Goodarzi on Q4 2022 Results - Earnings Call Transcripthttps://seekingalpha.com/article/4536551-intuit-inc-intu-ceo-sasan-goodarzi-on-q4-2022-results-earnings-call-transcript Intuit (INTU) Q4 Earnings and Revenues Beat Estimateshttps://www.zacks.com/stock/news/1971565/intuit-intu-q4-earnings-and-revenues-beat-estimates Intuit Reports Strong Full Year Results and Sets Fiscal 2023 Guidance | Business Wirehttps://www.businesswire.com/news/home/20220823005060/en/Intuit-Reports-Strong-Full-Year-Results-and-Sets-Fiscal-2023-Guidance 48:34 – MyCase Rolls Out Built-In Accounting and Integrated Document Automationhttps://www.lawnext.com/2022/08/mycase-rolls-out-built-in-accounting-and-integrated-document-automation.html MyCase Announces Release of Accounting and Robust Document Automation Integration, Further Enhancing Legal Tech Platformhttps://www.businesswire.com/news/home/20220831005177/en/MyCase-Announces-Release-of-Accounting-and-Robust-Document-Automation-Integration-Further-Enhancing-Legal-Tech-Platform 49:56 – Intuit releases automated tax advisory solution in move towards CAS support | Accounting Todayhttps://www.accountingtoday.com/news/intuit-releases-automated-tax-advisory-solution-in-move-towards-cas-support Intuit Accountants Launches Intuit Tax Advisor Integrating Tax Prep and Advisoryhttps://www.intuitiveaccountant.com/accounting-tech/vendor-news/intuit-accountants-launches-intuit-tax-advisor-integrating-t/ Intuit® Accountants launches Intuit Tax Advisor, integrating tax prep and advisoryhttps://proconnect.intuit.com/taxprocenter/proconnect/intuit-accountants-launches-intuit-tax-advisor-integrating-tax-prep-and-advisory/ 51:16 – Watch Intuit Tax Advisor Video – Tax prep + advisory tools, together at lasthttps://proconnect.intuit.com/tax-advice-planning-for-professionals/ 57:52 – Bookkeeper360 raises $3.5M Seed Round to Scale Platform and Operations | Business Wirehttps://www.businesswire.com/news/home/20220818005114/en/Bookkeeper360-raises-3.5M-Seed-Round-to-Scale-Platform-and-Operations 59:32 – Fathom acquired by UK's Access Group | Accounting Todayhttps://www.accountingtoday.com/news/fathom-acquired-by-uks-access-group 1:00:56 – Karbon Client Portal is here! | Karbon Communityhttps://community.karbonhq.com/product-updates/karbon-client-portal-is-here-1612Get 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsThe Ambitious Bookkeeper https://www.ambitiousbookkeeper.com/bkworkshopsWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
9/9/20221 hour, 6 minutes, 33 seconds
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Student Loan Forgiveness Versus PPP Forgiveness

SponsorsRelay: https://cloudaccountingpodcast.promo/relayuCollect: https://cloudaccountingpodcast.promo/ucollectCanopy: https://cloudaccountingpodcast.promo/canopyNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes1:58 – Xero announces new initiatives, partnerships at Xerocon user conferencehttps://www.accountingtoday.com/news/xero-announces-new-initiatives-partnerships-at-xerocon-user-conference          Xero Small Business Insights expands to the United States and Canada, providing timely updates on state of small business https://www.xero.com/blog/2022/08/xsbi-expands-to-us-and-canada/ Product wrap from Xerocon New Orleans 2022 | Xero Bloghttps://www.xero.com/blog/2022/08/xerocon-new-orleans-product-wrap/ Avalara partners with Xero to make automated sales tax solution | Accounting Todayhttps://www.accountingtoday.com/news/avalara-partners-with-xero-to-make-automated-sales-tax-solution That’s a wrap for Xerocon New Orleans 2022https://www.xero.com/blog/2022/08/xerocon-new-orleans-wrap/ 21:31 – Biden to forgive $10K in student debt, double for Pell grant recipients | Accounting Todayhttps://www.accountingtoday.com/articles/biden-to-forgive-10k-in-student-debt-double-for-pell-grant-recipients Biden to cancel up to $10K in student loan debt for borrowers making under $125K : NPRhttps://www.npr.org/2022/08/24/1118879917/student-loan-forgiveness-biden 24:08 – White House shines light on Republicans who are criticizing student debt cancellation after getting their PPP loans forgivenhttps://www.nbcnews.com/politics/white-house/white-house-shines-light-republicans-are-criticizing-student-debt-canc-rcna44904 What the student debt forgiveness plan would mean for taxpayers and the U.S. economy | Accounting Todayhttps://www.accountingtoday.com/news/what-the-student-debt-forgiveness-plan-would-mean-for-taxpayers-and-the-u-s-economy 34:12 – Secret Service returns $286 million in fraudulent pandemic loans to the Small Business Administrationhttps://www.cnbc.com/2022/08/26/secret-service-returns-fraudulent-pandemic-loans-to-small-business-administration.html 36:22 – Cross River Bank’s PPP Lending Practices Raise Questionshttps://www.pymnts.com/loans/2022/cross-river-banks-ppp-lending-practices-raise-questions/ 37:11 – The IRS could be on the verge of changing the way Americans file their taxes | The Hillhttps://thehill.com/homenews/3607174-the-irs-could-be-on-the-verge-of-changing-the-way-americans-file-their-taxes/ 40:53 – Ex-BDO IT Audit Manager Raissa Kengne Charged in Deadly Atlanta Shooting (UPDATE) - Going Concernhttps://www.goingconcern.com/atlanta-shooting-suspect-bdo-usa/ Former BDO audit manager shot and killed ex-boss | Accounting Todayhttps://www.accountingtoday.com/news/former-bdo-audit-manager-shot-and-killed-ex-boss r/Accounting - Ex-BDO Auditor Kills One, Injures Two in Atlantahttps://www.reddit.com/r/Accounting/comments/wv6jdw/exbdo_auditor_kills_one_injures_two_in_atlanta/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Ex-BDO IT Audit Manager Raissa Kengne Charged in Deadly Atlanta Shooting (UPDATE)https://www.goingconcern.com/atlanta-shooting-suspect-bdo-usa/ 43:06 – Atlanta Shooting Suspect Gave Cybersecurity Talk About ‘Fraud in Accounting,’ Accused Victims of Committing Accounting Fraud on LinkedInhttps://www.vice.com/en/article/v7v7vj/atlanta-shooting-suspect-raissa-kengne-linkedin-lawsuit-cybersecurity-talk 46:12 – IRS will wipe away $1.2B in late fees from pandemic | Accounting Todayhttps://www.accountingtoday.com/articles/irs-will-wipe-away-1-2b-in-late-fees-from-pandemic IRS relieves penalties for 2019 and 2020https://www.journalofaccountancy.com/news/2022/aug/irs-relieves-penalties-for-2019-2020.html 47:23 – KPMG to relocate NYC HQ as it downsizes office space | Accounting Todayhttps://www.accountingtoday.com/news/kpmg-to-relocate-nyc-hq-as-it-downsizes-office-space 48:39 – Voicemail from Tyler Otto – Thank you! (1) davidleary on Twitter: "YES, YOU NEED TO FIND A NEW #Accountant!!! Craziest shit I've seen about #QuickBooks Desktop I've seen in a decade! https://t.co/cqxDUL3jRf"https://twitter.com/davidleary/status/1562093434801819650 53:30 – ▪David Leary▪ on LinkedIn: #Accountant #QuickBooks | 95 commentshttps://www.linkedin.com/posts/davidleary_accountant-quickbooks-activity-6967859181139750912-smH1 54:55 – Email from Jessica – Thank you! 55:18 – Disney’s New Pricing Magic: More Profit From Fewer Park Visitors – WSJhttps://www.wsj.com/articles/disneys-new-pricing-magic-more-profit-from-fewer-park-visitors-11661572819 1:02:13 – Fwd: This Just In: How to fix the leaky CPA pipeline - [email protected] - Earmark Mailhttps://mail.google.com/mail/u/0/#inbox/FMfcgzGqPphPdwdxVWVcmwMBNcDXNRhPConnect with Liz Mason: https://www.linkedin.com/in/masonliz/Connect with Heather Smithhttps://www.linkedin.com/in/heathersmithau/Connect with Anna Curzonhttps://www.linkedin.com/in/annacurzon/Connect with Hamish Cookhttps://www.linkedin.com/in/hamishcook/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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsThe Ambitious Bookkeeper https://www.ambitiousbookkeeper.com/bkworkshopsWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
9/1/20221 hour, 12 minutes, 9 seconds
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Trump CFO Pleads Guilty to Tax Fraud

SponsorsFreshBooks https://cloudaccountingpodcast.promo/freshbooksRelayFI https://cloudaccountingpodcast.promo/relayLiscio https://cloudaccountingpodcast.promo/liscioNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes1:46 – 🚀Big news from David Leary and Blake Oliver! 🚀https://www.linkedin.com/pulse/big-news-from-david-leary-blake-oliver-david-leary-/ 2:14 – Dotcom Pioneer AccountingWEB Shuts Down - CPA Trendlineshttps://cpatrendlines.com/2022/08/18/dotcom-pioneer-accountingweb-shuts-down/ 3:43 – Sift to Close AccountingWEB US Divisionhttps://www.sift.co.uk/blog/sift-closes-accountingweb-us/ 5:58 – IRS issues immediate guidance for EV credits under Inflation Reduction Acthttps://www.accountingtoday.com/opinion/irs-issues-immediate-guidance-for-ev-credits-under-inflation-reduction-act 7:24 – Yellen sets six-month timeline for IRS plan to target tax cheats | Accounting Todayhttps://www.accountingtoday.com/articles/yellen-sets-six-month-timeline-for-irs-plan-to-target-tax-cheats Yellen: These are the 4 priorities for the $80 billion in IRS fundinghttps://www.cnbc.com/2022/08/18/yellen-these-are-the-4-priorities-for-the-80-billion-in-irs-funding.html IRS Funding: Inflation Reduction Act IRS Tax Enforcement Provisionshttps://taxfoundation.org/inflation-reduction-act-irs-funding/ 11:21 – Inflation Reduction Act potentially doubles R&D tax credit | Accounting Todayhttps://www.accountingtoday.com/news/inflation-reduction-act-potentially-doubles-r-d-tax-credit 15:00 – Prosecutors Struggle to Catch Up to a Tidal Wave of Pandemic Fraudhttps://www.nytimes.com/2022/08/16/business/economy/covid-pandemic-fraud.html COVID Fraud Could Hit $163B, Experts Sayhttps://www.pymnts.com/news/security-and-risk/2022/covid-fraud-could-hit-163b-experts-say/ Bills extend statute of limitation for prosecuting PPP, EIDL fraud - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2022/aug/bills-extend-statute-limitation-prosecuting-ppp-eidl-fraud.html 18:06 – A Plethora of Pandemic PPP Fraud – Oh My Fraudhttps://ohmyfraud.com/episodes/ppp-placeholder 19:28 – Trump Organization, CFO tax-fraud trial to begin Oct. 24 | Accounting Todayhttps://www.accountingtoday.com/articles/trump-organization-cfo-tax-fraud-trial-to-begin-oct-24 Ex-finance chief of the Trump Organization Allen Weisselberg pleads guilty to tax crimeshttps://www.wsj.com/articles/former-trump-organization-finance-chief-pleads-guilty-to-tax-crimes-11660834259 23:32 – Tether said it switched the accounting firm that signs off on its attestation reports to BDO Italiahttps://www.wsj.com/articles/biggest-stablecoin-issuer-tether-switches-accounting-firm-to-bdo-italia-11660795062 Bankrupt Crypto Brokerage Voyager Ordered to Cease False Promises About U.S. Banking Insurance – WSJhttps://www.wsj.com/articles/bankrupt-crypto-brokerage-voyager-ordered-to-cease-false-promises-about-u-s-banking-insurance-11659044094 Voyager customers beg New York judge for money back after bankruptcyhttps://www.cnbc.com/amp/2022/08/15/voyager-customers-beg-new-york-judge-for-money-back-after-bankruptcy.html 32:41 – Revenue from crypto scams down 65%, crypto hacks up 58% | Accounting Todayhttps://www.accountingtoday.com/news/revenue-from-crypto-scams-down-65-crypto-hacks-up-58 34:21 – IRS expands crypto question on draft version of 1040 | Accounting Todayhttps://www.accountingtoday.com/news/irs-expands-crypto-question-on-draft-version-of-1040 36:51 – TikTok: Mid range-entry level pay bands for Deloittehttps://www.tiktok.com/t/ZTRyYgTKT/ 40:47 – Request Finance Introduces ‘Salaries’ Feature to Automate Crypto Payrollhttps://ffnews.com/newsarticle/request-finance-introduces-salaries-feature-to-automate-crypto-payroll/ 44:41 – Latest product news — August 2022 | Xero Bloghttps://www.xero.com/blog/2022/08/product-news-august-2022/ 48:16 – Sage Launches Canadian Sage Payroll Versionhttps://www.intuitiveaccountant.com/in-the-news/people-and-business/sage-launches-canadian-sage-payroll-version/ Sage acquires accounting software provider Lockstep | Accounting Todayhttps://www.accountingtoday.com/news/sage-acquires-accounting-software-provider-lockstep Sage to acquire Lockstephttps://www.sage.com/investors/investor-downloads/press-releases/2022/08/sage-to-acquire-lockstep/ Sage's Lockstep acquisition to accelerate its digital networkhttps://www.techmarketview.com/ukhotviews/archive/2022/08/16/sages-lockstep-acquisition-to-accelerate-its-digital-network 50:21 – Introducing: Trada by QuickBooks – Articlehttps://quickbooks.intuit.com/r/growing-a-business/introducing-trada-by-quickbooks/ davidleary on Twitter: "See this yet? "Trada by @QuickBooks" https://t.co/d8Jks0QzFD What is @intuit's play here? They launch a B2B resellers/supplier e-commerce marketplace... and they don't even use Intuit Payments on it? Was this an existing Mailchimp product? so confusing... so many questions https://t.co/DYHglhSmC9"https://twitter.com/davidleary/status/1559606295589634048 54:58 – AuditBoard touts new third party risk management solution for professionals | Accounting Todayhttps://www.accountingtoday.com/news/auditboard-touts-new-third-party-risk-management-solution-for-professionals 56:21 – AuditClub Breaks the Mold with Auditors-as-a-Service for CPA Firmshttps://www.cpapracticeadvisor.com/2022/08/15/auditclub-breaks-the-mold-with-auditors-as-a-service-for-cpa-firms/69448/ 59:17 – Microsoft Excel update solves one of your biggest workplace problems | TechRadarhttps://www.techradar.com/news/microsoft-excel-update-solves-one-of-your-biggest-workplace-problemsGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsThe Ambitious Bookkeeper https://www.ambitiousbookkeeper.com/bkworkshopsWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
8/25/20221 hour, 6 minutes, 40 seconds
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What Is A Fair IRS Audit Rate?

SponsorsOnPay: https://cloudaccountingpodcast.promo/onpayFreshBooks: https://cloudaccountingpodcast.promo/freshbooksCanopy: https://cloudaccountingpodcast.promo/canopyNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes2:25 – davidleary on Twitter: "How come @amazon can do this with a $20 picture frame ...but @Ford can't do it with a $50k automobile? How do you lose a Mustang #MachE?!?!!?!? I find it hard to believe that a company puts millions $$$ of automobiles on train cars ...and can't track them. cc @jimfarley98 https://t.co/YmHTXsbqlR"https://twitter.com/davidleary/status/1558108425724108801 9:04 – How will the IRS use $80B in funding it could receive from the Inflation Reduction Act?https://www.morningbrew.com/daily/stories/IRS-funding-80-billion-inflation-reduction-act 14:01 – Tax Compliance:Trends of IRS Audit Rates and Results for Individual Taxpayers by Incomehttps://www.gao.gov/products/gao-22-104960#:~:text=From%20tax%20years%202010%20to,0.9%20percent%20to%200.25%20percent. 22:10 – Twitter: What % of individual income tax returns should the IRS audit?https://twitter.com/blaketoliver/status/1557876501789286400?s=12&t=QCA6FrS6BD8_eXrAlVoxMA 27:29 – IRS Deletes Job Posting Seeking Applicants Willing to ‘Use Deadly Force’ | National Reviewhttps://www.nationalreview.com/news/irs-deletes-job-posting-seeking-applicants-willing-to-use-deadly-force/ 29:26 – Tweet by Adam Markowitzhttps://twitter.com/adammarkowitzea/status/1555548397389635587?s=12&t=XCaiAZbt78Tt-0fan9Qbzw 31:15 – Hyperbolic GOP claims about IRS agents and audits - The Washington Posthttps://www.washingtonpost.com/politics/2022/08/11/hyperbolic-gop-claims-about-irs-agents-audits/ 53:09 – Opinion | Inside the IRS ‘Pipeline’ used to process tax returns - Washington Posthttps://www.washingtonpost.com/opinions/interactive/2022/irs-pipeline-tax-return-delays/ 57:57 – AICPA demands IRS answer calls on 'plummeting' practitioner priority phone linehttps://www.accountingtoday.com/news/aicpa-demands-irs-answer-calls-on-plummeting-practitioner-priority-phone-line 59:59 – AICPA weighs in on Inflation Reduction Acthttps://www.accountingtoday.com/news/aicpa-weighs-in-on-inflation-reduction-act Private-equity lobbyists have won their latest battle to preserve the carried-interest tax break.https://www.wsj.com/articles/how-the-private-equity-lobby-wonagain-11659834467 1:03:59 – Avalara To Go Private With $8.4B Acquisition By Vista Equityhttps://www.crn.com/news/applications-os/avalara-to-go-private-with-8-4b-acquisition-by-vista-equity Avalara to be bought by private investment firmhttps://www.accountingtoday.com/news/avalara-to-be-bought-by-private-investment-firm-vista 1:05:40 – Mailchimp Bans Crypto Companies Againhttps://thedigitalsanctuary.org/mailchimp-bans-crypto-companies-again/ 1:06:05 – Mark Cuban, Mavericks in hot water over Voyager 'Ponzi scheme'https://techcrunch.com/2022/08/11/mark-cuban-mavericks-face-lawsuit-over-crypto-voyager-ponzi-scheme/ 1:08:49 – Letter from Tom Herbert – Thank you! 1:10:00 – Message from Aileen Asche via CloudAccountingPodcast.com - [email protected] - Earmark Mailhttps://mail.google.com/mail/u/0/#inbox/FMfcgzGqPpcnhlBpXnRkSWrVbWgxNFTq 1:11:58 – Message from Brian – 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
8/18/20221 hour, 22 minutes, 33 seconds
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Broken CPA Supply Chain

SponsorsCanopy: https://www.cloudaccountingpodcast.promo/canopyLiscio: https://www.cloudaccountingpodcast.promo/liscioLiveFlow: https://cloudaccountingpodcast.promo/liveflowNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes03:41 – Firms big and small are facing a crisis. There's not enough accountants (CPAs) : The Indicator from Planet Money : NPRhttps://www.npr.org/2022/08/04/1115790852/if-the-world-had-no-accountants The Indicator from Planet Money : NPRhttps://www.npr.org/2022/08/04/1115790852/if-the-world-had-no-accountants The Indicator from Planet Moneyhttps://pca.st/tLRP 06:03 – How to fix the leaky CPA pipelinehttps://www.mncpa.org/resources/publications/footnote/august-september-2022/how-to-fix-the-leaky-cpa-pipeline/ 17:04 – U.S. job growth seen slowing in July; but far from recession levels | Reutershttps://www.reuters.com/markets/us/us-job-growth-seen-slowing-july-far-recession-levels-2022-08-05/ Despite a drop in June, job openings remain well above the number of people unemployed but looking for workhttps://www.wsj.com/articles/job-openings-hiring-economy-june-2022-11659388973 22:05 – DealBook: A tax loophole’s powerful defenderhttps://messaging-custom-newsletters.nytimes.com/template/oakv2?campaign_id=4&emc=edit_dk_20220805&instance_id=68516&nl=dealbook&productCode=DK&regi_id=103928575&segment_id=100533&te=1&uri=nyt%3A%2F%2Fnewsletter%2Fc8714674-e316-52c1-bf11-83af763fd4a7&user_id=238a5e61c9e3ba1f8e99bcc06b505749 DealBook: The new power brokers on taxeshttps://messaging-custom-newsletters.nytimes.com/template/oakv2?campaign_id=4&emc=edit_dk_20220804&instance_id=68424&nl=dealbook&productCode=DK&regi_id=103928575&segment_id=100423&te=1&uri=nyt%3A%2F%2Fnewsletter%2F01624dbe-566d-5ac1-8a90-419f9a88508c&user_id=238a5e61c9e3ba1f8e99bcc06b505749 25:02 – Two SEC Commissioners Frown on Accounting Rules for ESG Issueshttps://news.bloombergtax.com/financial-accounting/two-sec-commissioners-frown-on-accounting-rules-for-esg-issues Comment on the Financial Accounting Foundation Draft Strategic Planhttps://www.sec.gov/news/statement/peirce-uyeda-statement-draft-financial-accounting-foundation-strategic-plan-072222 30:05 – Founder of My Big Coin Convicted of Fraudhttps://www.pymnts.com/cryptocurrency/2022/founder-of-my-big-coin-convicted-of-fraud/ Titanium Blockchain CEO Pleads Guilty in $21M Crypto Fraud Casehttps://www.pymnts.com/legal/2022/titanium-blockchain-ceo-pleads-guilty-in-21m-crypto-fraud-case/ SEC insider trading case against Coinbase holds larger implicationshttps://www.accountingtoday.com/news/sec-insider-trading-case-against-coinbase-holds-larger-jurisdictional-implications Millions Drained in Solana Wallet Hackhttps://www.pymnts.com/news/security-and-risk/2022/millions-drained-in-solana-wallet-hack/ Two settle with Securities and Exchange Commission over alleged $300 million cryptocurrency Ponzi schemehttps://www.accountingtoday.com/news/two-settle-with-securities-and-exchange-commission-over-alleged-300-million-cryptocurrency-ponzi-scheme 31:44 – Web3 network Helium claims rideshare company Lime is one of its biggest clients. Lime says that's not true. | Mashablehttps://mashable.com/article/helium-lime-web3-crypto 35:58 – Hackers Force a $4B Question: Can DeFi Ever Be Safe?https://www.pymnts.com/cryptocurrency/2022/hackers-force-a-4b-question-can-defi-ever-be-safe/ 37:59 – Georgia residents can claim an embryo as a dependent on tax returnshttps://twitter.com/thehill/status/1554491493569667073?s=12&t=vkja1dbRfIlSLC16YvOusg 39:34 – Tesla’s Bitcoin dump leaves accounting mystery in its wake | Accounting Todayhttps://www.accountingtoday.com/articles/teslas-bitcoin-dump-leaves-accounting-mystery-in-its-wake Tesla Records $170 Million Impairment Charge on Bitcoin – WSJhttps://www.wsj.com/articles/tesla-records-170-million-impairment-charge-on-bitcoin-11658751201 40:50 – Ernst & Young Split Plan Held Up by Debt Issues – WSJhttps://www.wsj.com/articles/ernst-young-split-plan-held-up-by-debt-issues-11659059736 44:54 – Revenues climb at Sage thanks to success of cloud productshttps://www.business-live.co.uk/technology/revenues-climb-sage-thanks-success-24646394 Sage FY revenues seen at top end of guidance | Financial Newshttps://www.lse.co.uk/news/sage-fy-revenues-seen-at-top-end-of-guidance-igymbyuegptc4uu.html 47:02 – Taxpayer advocate appeals IRS decision to delay scanning tech | Accounting Todayhttps://www.accountingtoday.com/news/taxpayer-advocate-appeals-irs-decision-to-delay-scanning-tech 50:59 – Voicemail from Alison Reiff-Martin re: CAP 289 – Thank you! 56:39 – Voicemail from Kenji Kuramoto on August 5, 2022 – Thank you! 1:01:27 – Message from Kathryn Bishop – Thank you!https://mail.google.com/mail/u/0/#inbox/FMfcgzGqPpcmlrVpXHrhPLJkhScmKDvh 1:03:08 – Message from Sandy – Thank you! 1:10:00 – Message from Tom Cook via CloudAccountingPodcast.com – Thank you!https://mail.google.com/mail/u/0/#inbox/FMfcgzGpHHKDKqzslcGSvvmqWJRTgRJD 1:11:57 – Message from Julie Sigety – Thank you!https://mail.google.com/mail/u/0/?tab=cm#inbox/FMfcgzGpHHPnvHskmvNsFppHSBKPPPMRGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGetW9: getw9.taxWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
8/11/20221 hour, 20 minutes, 24 seconds
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Join Us In Italy!*

SponsorsLiveFlow: https://cloudaccountingpodcast.promo/liveflowCanopy: https://cloudaccountingpodcast.promo/canopyLiscio: https://www.cloudaccountingpodcast.promo/liscioNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeMeet Billy DeClercqLinkedIn: https://www.linkedin.com/in/declercqwbWebsite: https://declercq.law/about.phpShow NotesThe Invite: https://drive.google.com/file/d/11Jere06NPnSziLqGONdqflqQCov6a1In/viewGet 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGetW9: getw9.taxRoyalwise Solutions: learn.royalwise.comWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
8/3/202254 minutes, 2 seconds
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Accountants Voted Best Kissers

SponsorsCanopy: https://www.cloudaccountingpodcast.promo/canopyLiscio: https://www.cloudaccountingpodcast.promo/liscioRelay: https://www.cloudaccountingpodcast.promo/relayNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes1:11 – Accountants are voted the best kissers in Britain ahead of doctors and nurses | Daily Mail Onlinehttps://www.dailymail.co.uk/news/article-10953579/Accountants-voted-best-kissers-Britain-ahead-doctors-nurses.html 4:34 – How Will ESG Impact be Measured?https://www.cfo.com/accounting-tax/disclosure/2022/07/esg-disclosures-impact-accounting-regulation/ 8:19 – Tesla sells 75% of its bitcoin as profits slump due to production challengeshttps://www.theguardian.com/technology/2022/jul/20/tesla-second-quarter-earnings-elon-musk 9:09 – FBI warns $42.7 million stolen via fake crypto trading appshttps://www.accountingtoday.com/news/fbi-warns-42-7-million-stolen-via-fake-crypto-trading-apps 11:14 – FASB Scraps Project on Goodwill Accounting, Disclosure – WSJhttps://www.wsj.com/amp/articles/fasb-scraps-project-on-goodwill-accounting-disclosure-11655317940 15:05 – Inflation Puts Spotlight on Companies’ Use of Last-In, First-Out Accounting – WSJhttps://www.wsj.com/articles/inflation-puts-spotlight-on-companies-use-of-last-in-first-out-accounting-11656322200?mod=pls_whats_news_us_business_f 19:07 – EY suffers payroll problem | Accounting Todayhttps://www.accountingtoday.com/news/ey-suffers-payroll-problem 21:16 – Is remote work effective: We finally have the data | McKinseyhttps://www.mckinsey.com/industries/real-estate/our-insights/americans-are-embracing-flexible-work-and-they-want-more-of-it 92 million US workers now have the opportunity to work remotely: survey - The Vergehttps://www.theverge.com/2022/6/28/23186112/us-flexible-remote-hybrid-work-survey-mckinsey 25:50 – Cherry Bekaert receives private equity funding from Parthenon Capital | Accounting Todayhttps://www.accountingtoday.com/news/cherry-bekaert-receives-private-equity-funding-from-parthenon-capital 26:37 – Two U.S. Attorneys are investigating Kabbage’s PPP lending | Miami Heraldhttps://www.miamiherald.com/news/local/crime/article263376788.html 31:47 – Xerocon London updates – Recorderhttps://recorder.google.com/share/424be2ce-ba19-4fc6-8377-a6fd5b149552 Xero releases Xero Go app to provide basic accounting to small business owners, freelancershttps://www.accountingtoday.com/news/xero-releases-xero-go-app-to-provide-basic-accounting-to-small-business-owners-freelancers Announcing Xero Go: Our new app for UK-based sole tradershttps://www.xero.com/blog/2022/07/xero-go-for-uk-based-sole-traders/ 38:02 – Xero reveals future of accountinghttps://gadget.co.za/xero-reveals-future-of-accounting/ 38:48 – Announcing Excel Live - Transform Microsoft Teams meetings with real-time collaboration - Microsoft Tech Communityhttps://techcommunity.microsoft.com/t5/microsoft-365-blog/announcing-excel-live-transform-microsoft-teams-meetings-with/ba-p/3573371 41:28 – Sage deepens Microsoft partnership and “unveils” Sage Active –https://www.enterprisetimes.co.uk/2022/07/20/sage-deepens-microsoft-partnership-and-unveils-sage-active/ 43:46 – Accountants: How to Manage Your Clients’ Chart of Accounts in FreshBooks | FreshBooks Bloghttps://www.freshbooks.com/blog/manage-client-chart-of-accounts 47:16 – NetSuite rolls out new Smart Count solution plus improvements to Analytics Warehouse | Accounting Todayhttps://www.accountingtoday.com/news/netsuite-rolls-out-new-smart-count-solution-plus-improvements-to-analytics-warehouse 49:07 – Why did Intuit decide to stop offering QuickBooks in India?https://www.mmcconvert.com/blog/intuit-stop-offering-quickbooks-in-india/ Discontinuation of QuickBooks in Indiahttps://quickbooks.intuit.com/in/notice/ Zoho to hire 2,000 people, expand operations in India, abroadhttps://economictimes.indiatimes.com/tech/startups/zoho-plans-to-hire-2000-workers-for-indian-and-global-expansion/articleshow/92940061.cms 52:06 – Voicemail from Donnie Shimamoto – Thank you! Email from Keith – 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGetW9: getw9.taxRoyalwise Solutions: learn.royalwise.comWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
7/28/20221 hour, 18 minutes, 3 seconds
Episode Artwork

So Much Fraud

SponsorsLiscio: https://www.cloudaccountingpodcast.promo/liscioLedgerGurus: https://www.cloudaccountingpodcast.promo/ledgergurusCanopy: https://www.cloudaccountingpodcast.promo/canopyNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes1:06 – David Picture with Lucahttps://twitter.com/davidleary/status/1546767184541761536/photo/1 8:30 – Celsius Owes $4.7 Billion to Users But Lacks the Money to Payhttps://gizmodo.com/celsius-bankrupt-billion-money-crypto-bitcoin-price-cel-1849181797 Crypto Lender Celsius Files for Chapter 11 Bankruptcyhttps://www.pymnts.com/cryptocurrency/2022/crypto-lender-celsius-files-for-chapter-11-bankruptcy/ 13:21 – Where in the world are the Three Arrows Capital founders? | Fortunehttps://fortune.com/2022/07/13/three-arrows-capital-crypto-su-zhu-kyle-davies-location-dubai/ EU officials agreed on rules that would regulate the crypto market in the bloc, forcing platforms to seek authorization to operate and providing safeguards to usershttps://www.wsj.com/articles/eu-sets-first-rules-to-regulate-cryptocurrencies-11656682089 18:01 – CFTC charges bitcoin firm for operating $1.7 billion crypto scam - Business Insiderhttps://stocks.apple.com/A6yX2Uny3TUeN1vZkMLF00Q 20:43 – Fintech execs convicted in US after $160 million sent to Nigeriahttps://bankautomationnews.com/allposts/risk-security/fintech-execs-convicted-in-us-after-160-million-sent-to-nigeria/ Report Alleges Wirecard Forged Client Data to Obtain €900M SoftBank Investmenthttps://www.pymnts.com/news/security-and-risk/2022/report-alleges-wirecard-forged-client-data-to-obtain-e900m-softbank-investment/ 23:57 – Bad lesson: Accounting professor at Drexel University charged with allegedly using creative bookkeeping to evade millions in taxes – MarketWatchhttps://www.marketwatch.com/story/bad-lesson-accounting-professor-at-drexel-university-charged-with-allegedly-using-creative-bookkeeping-to-evade-millions-in-taxes-11652389459 27:37 – CPA Firms That Referred Clients to Alliantgroup Have Been Subpoenaed, Asked to Turn Over 11 Years of Client Datahttps://www.goingconcern.com/alliantgroup-federal-grand-jury-subpoena/ Leann on Twitter: "I’m hearing that the IRS Criminal Investigation raid on alliantgroup allegedly has to do with the 179D racketeering lawsuits filed years ago. Pending confirmation. /14https://t.co/wTqKwk9JSa"https://twitter.com/LAFinTexas/status/1527709177036021763 Alliantgroup LP v The University Of Texas System And The University Of Houston System – Global Legal Chroniclehttps://globallegalchronicle.com/alliantgroup-lp-v-the-university-of-texas-system-and-the-university-of-houston-system/ alliantgroup Comments from Women | InHerSighthttps://www.inhersight.com/company/alliantgroup/comments Strategic Advisory Board | alliantgrouphttps://www.alliantgroup.com/strategic-advisory-board/ DOJ suing Lane Grigsby and wife over ‘erroneous’ $750,000 tax refundhttps://www.1012industryreport.com/legal/doj-suing-lane-grigsby-and-wife-over-erroneous-750000-tax-refund/ Bloomberg blows the whistle on the IRShttps://archives.cjr.org/the_audit/bloomberg_blows_the_whistle_on.php 36:57 – Neal: Odds of selecting Comey and McCabe for audits were like winning the lottery | The Hillhttps://thehill.com/policy/finance/3560143-neal-odds-of-selecting-comey-and-mccabe-for-audits-were-like-winning-the-lottery/ IRS audited former FBI directors Comey and McCabehttps://www.accountingtoday.com/news/irs-audited-former-fbi-directors-comey-and-mccabe 41:01 – Senator Warren Leads 22 Colleagues in Introducing the Tax Filing Simplification Act of 2022https://www.warren.senate.gov/newsroom/press-releases/senator-warren-leads-22-colleagues-in-introducing-the-tax-filing-simplification-act-of-2022 Americans spend 13 hours and $240 on average to file their taxes—while corporations like @Intuit rake in billions. That’s outrageous. Today I;m leading 22 colleagues on legislation to make filing taxes free and easy for taxpayers. The IRS itself can and should adopt my plan; Elizabeth Warren (@SenWarren) July 13, 2022 https://twitter.com/SenWarren/status/1547260220551806976 45:10 – AICPA recommends additional IRS backlog measures - Journal of Accountancyhttps://www.journalofaccountancy.com/news/2022/jul/aicpa-recommends-additional-irs-backlog-measures.html 49:43 – Obviously most CPAs are against the 150 hr rule. But what if those extra 30 hours were beneficial?https://twitter.com/jmcgowan3838/status/1536865439761981440?s=12&t=o4NXUgPpdhP_BFttwPv7bA 55:33 – AICPA and CIMA name global head of ESGhttps://www.accountingtoday.com/news/aicpa-and-cima-name-global-head-of-esg A sharper focus on ESG | Accounting Todayhttps://www.accountingtoday.com/list/a-sharper-focus-on-esg 1:00:01 – Rising Social Unrest Over Energy, Food Shortages Threatens Global Stabilityhttps://www.forbes.com/sites/davidblackmon/2022/07/10/rising-social-unrest-over-energy-food-shortages-threatens-global-stability/ 1:04:48 – Message from Donald W LaCroix, CPA via CloudAccountingPodcast.comhttps://mail.google.com/mail/u/0/#inbox/FMfcgzGpGwlRsxhblmhGJwxRlRFmzrpl Message from Lauren M via CloudAccountingPodcast.comhttps://mail.google.com/mail/u/0/?tab=cm#inbox/FMfcgzGpGwjBJbCmPLZSMgGSDLSljDnH Message from Sean Birdsell via CloudAccountingPodcast.com - [email protected] - Earmark Mailhttps://mail.google.com/mail/u/0/#inbox/FMfcgzGpGnNrbRcthhdSMzKmrlRlKHXr Message from Liz R via CloudAccountingPodcast.comhttps://mail.google.com/mail/u/0/#inbox/FMfcgzGpGnDfkNMGTRFblPrbJGCHHbzh 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: futurefirmaccelerate.comGetW9: getw9.taxRoyalwise Solutions: learn.royalwise.comWant 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 link below to get more info.Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd Full Transcript Available Upon Request - [email protected]
7/21/20221 hour, 20 minutes, 33 seconds
Episode Artwork

More Money for AI Accounting Startups

SponsorsOnPay: https://www.cloudaccountingpodcast.promo/onpayFreshbooks: https://www.cloudaccountingpodcast.promo/freshbooks LedgerGurus: https://www.cloudaccountingpodcast.promo/ledgergurusNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes5:47 – Karbon’s 2022 Practice Excellence Reporthttps://karbonhq.com/resources/2022-practice-excellence-report/ 17:59 – 76 Fake Charities Shared a Mailbox. The I.R.S. Kept Approving More. - The New York Timeshttps://www.nytimes.com/2022/07/03/us/politics/irs-fake-charities.html?smid=nytcore-ios-share%20https://www.nytimes.com/2022/07/03/us/politics/irs-fake-charities.html?referringSource=articleShare 76 Fake Charities Shared a Mailbox. The I.R.S. Approved Them All.https://www-nytimes-com.cdn.ampproject.org/c/s/www.nytimes.com/2022/07/03/us/politics/irs-fake-charities.amp.html 22:01 – Crypto Lender Voyager Seeks Chapter 11 Protectionhttps://www.pymnts.com/cryptocurrency/2022/crypto-lender-voyager-seeks-chapter-11-protection/ Crypto Lender Vauld Suspends Withdrawals as Customers Yanked $200Mhttps://www.pymnts.com/cryptocurrency/2022/crypto-lender-vauld-suspends-withdrawals-as-customers-yanked-200m/ Behind the Celsius Sales Pitch Was a Crypto Firm Built on Risk – WSJhttps://www.wsj.com/articles/behind-the-celsius-sales-pitch-was-a-crypto-firm-built-on-risk-11656498142 26:33 – Crypto crash halts plans by statehouses to accept Bitcoin tax payments | Accounting Todayhttps://www.accountingtoday.com/articles/crypto-crash-halts-plans-by-statehouses-to-accept-bitcoin-tax-payments 28:51 – A FinTech horror story: How one company prioritizes cybersecurityhttps://www.darkreading.com/edge-articles/a-fintech-horror-story-how-one-company-prioritizes-cybersecurity 35:14 – World-wide, venture-capital funding for AI accounting startups hit a total of $233.3 million between January and the end of March, surpassing the $210.2 million in funding for all of 2021, according to PitchBookhttps://www.wsj.com/articles/vcs-target-ai-accounting-startups-as-companies-look-to-control-spending-in-uncertain-economy-11655151883 38:52 – Clients Would Switch for Portals - CPA Trendlineshttps://cpatrendlines.com/2022/06/26/clients-would-switch-for-portals/ 42:11 – Toast Serves up Expanded Restaurant Solutions with Sling Acquisitionhttps://www.pymnts.com/acquisitions/2022/toast-serves-up-expanded-restaurant-solutions-with-sling-acquisition/ 44:39 – Voicemail from Tony Novac – Thank you! Voicemail from Erin Millie Smith – Thank you! Email from Paul – 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/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: futurefirmaccelerate.comGetW9: getw9.taxRoyalwise Solutions: learn.royalwise.comWant to ge