The Accounting Podcast

Meet Our Guests
Joav Bally: https://www.linkedin.com/in/joavbally/
Marc Holliday: https://www.linkedin.com/in/marc-holliday-42634558/

Learn More About NetSuite Data Warehouse
https://www.netsuite.com/portal/products/analytics/data-warehouse.shtml

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Get in Touch

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) 695-1040

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Check out our new website - accountingconferences.com

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Full Transcript Available Upon Request - [email protected]

Our Guest
Dave Damond, Sr VP/CFO at March of Dimes
https://www.linkedin.com/in/dave-damond-73853bb/

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Get in Touch

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) 695-1040

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Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.

Full Transcript Available Upon Request - [email protected]

Sponsors

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Show Notes

1:06 – David reports back from the delightful 2021 QuickBooks Connect virtual conference

2:48 – What did Kristen Bell’s closing remark, “Remain Human” mean?   

3:38 – We’re heading to Sage Transform 2021

4:32 – Blake has received the NASBA seal of approval for Earmark CPE!

https://earmarkcpe.com/

7:43 – Building a Best-in-Class A/P Tech Stack Without Breaking the Bank

https://www.cpaacademy.org/webinars/a0D2S00000raCSPUA2

9:41 – Intuit to Discontinue QuickBooks Desktop in the UK

https://www.accountingweb.com/technology/accounting-software-news/intuit-to-discontinue-quickbooks-desktop-in-the-uk

UK QuickBooks Desktop will cease to be supported outside the UK & Ireland

https://quickbooks.intuit.com/learn-support/en-uk/discontinued-offering/uk-quickbooks-desktop-is-no-longer-supported-outside-the-uk/00/654996

11:38 – Conversation with John Stokdyk from AccountingWEB on the QuickBooks news!

19:25 – Zillow’s Algorithm-Fueled Buying Spree Doomed Its Home-Flipping Experiment

https://www.bloomberg.com/news/articles/2021-11-08/zillow-z-home-flipping-experiment-doomed-by-tech-algorithms

26:15 – Staffing Shortage Cripples Growth at 40% of Firms

https://cpatrendlines.com/2021/10/27/staffing-shortage-goes-global/

29:43 – Two in five accountants ‘too drained’ to work

https://www.accountancydaily.co/two-five-accountants-too-drained-work

32:08 – Stop Derailing CAS

https://cpatrendlines.com/2021/10/31/stop-derailing-cas/

34:29 – Trying to decide where to live now that your job is permanently remote? Maybe $2,000 worth of free coffee will help make up your mind.

https://www.wsj.com/articles/remote-workers-can-live-anywhere-these-cities-and-small-towns-are-luring-them-with-perks-11633783904

38:26 – Remote-working jobs: Disaster looms as managers refuse to listen

https://www.zdnet.com/article/remote-working-jobs-disaster-looms-as-managers-refuse-to-listen/

39:37 – High Rock Accounting expands in Minnesota

https://www.accountingtoday.com/news/high-rock-accounting-to-expand-in-minnesota

42:42 – Bank increases lending limit to CPA firms seeking mergers

https://www.accountingtoday.com/news/bank-increases-lending-limit-to-cpa-firms-seeking-mergers

43:25 – Botkeeper Raises $42M in Series C Funding from Paychex Founder

https://www.prnewswire.com/news-releases/botkeeper-raises-42m-in-series-c-funding-from-paychex-founder-301416557.html

44:51 – Patriot Software Secures Series-A Funding Round

https://www.cpapracticeadvisor.com/payroll/news/21244354/patriot-software-secures-seriesa-funding-round

45:53 – Microsoft brings JavaScript to Excel

https://techcrunch.com/2021/11/02/microsoft-brings-javascript-to-excel/

48:18 – Microsoft Office—Transforming for the hybrid world

https://www.microsoft.com/en-us/microsoft-365/blog/2021/11/02/microsoft-office-transforming-for-the-hybrid-world/

53:25 – A2X Is Growing, In More Ways Than One.

https://www.a2xaccounting.com/blog/leadership-team-announncement/

51:25 – Stay in the flow of work with new collaborative apps for Microsoft Teams

https://www.microsoft.com/en-us/microsoft-365/blog/2021/11/02/stay-in-the-flow-of-work-with-new-collaborative-apps-for-microsoft-teams/

55:01 – A new look for bank reconciliation in Xero

https://www.xero.com/blog/2021/11/new-look-bank-reconciliation/

58:23 – Square – Q3 2021 Shareholder Letter

https://s27.q4cdn.com/311240100/files/doc_financials/2021/q3/SQ-3Q-2021-Shareholder-Letter.pdf

60:00 – Intuit announces revenue sharing program, new bookkeeping features at QB Connect

https://www.accountingtoday.com/news/intuit-announces-revenue-sharing-program-new-bookkeeping-features-at-qb-connect

64:38 – AICPA opens .cpa web domain in Canada

https://www.accountingtoday.com/news/aicpa-opens-cpa-web-domain-in-canada

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @David...

Guest
John Cappadona, Chief Financial Officer @ School of Rock
https://www.linkedin.com/in/johncappadona/

Need CPE? 

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Get in Touch

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) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

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Subscribe

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Full Transcript Available Upon Request - [email protected]

Sponsors

CenterCard:  https://cloudaccountingpodcast.promo/center
BaCo Tech: https://cloudaccountingpodcast.promo/baco
Reach Reporting: https://cloudaccountingpodcast.promo/reach

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Show Notes

1:25 – We’re back from Scaling New Heights! Teslas, double-decker booths, and vaccination tales, oh my! 

8:25 – Wanna win a Tesla? Go here: 

https://use.expensify.com/teslagiveaway

ExpensifyApproved! Accountants Can Win a Free Tesla from Expensify!

https://www.businesswire.com/news/home/20211025005776/en/ExpensifyApproved%21-Accountants-Can-Win-a-Free-Tesla-from-Expensify

10:15 – Scaling New Heights 2022: Thrive 

https://www.woodard.com/2022-scaling-new-heights-registration

11:13 – Parker Conrad’s Rippling is now valued at $6.5 billion — more than Zenefits at its peak

https://techcrunch.com/2021/10/21/parker-conrads-rippling-is-now-valued-at-6-5-billion-more-than-zenefits-at-its-peak/

16:25 – Woodard Announces Partnership with Wolters Kluwer

https://report.woodard.com/articles/woodard-announces-partnership-with-wolters-kluwer-fpwr

18:20 – Gusto acquires Remote Team

https://www.accountingtoday.com/news/gusto-acquires-remote-team

19:40 – FBI Raids Chinese Point-of-Sale Giant PAX Technology

https://krebsonsecurity.com/2021/10/fbi-raids-chinese-point-of-sale-giant-pax-technology/

22:46 – What’s new in QuickBooks Online: October 2021

https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-october-2021/

25:55 – Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companies

https://techcrunch.com/2021/10/22/audit-sight-takes-on-new-capital-to-eliminate-all-of-the-back-and-forth-between-auditors-companies/

27:54 – Xero serves US CrossFit community as preferred accounting platform

https://www.xero.com/blog/2021/10/us-crossfit-community-preferred-accounting-platform/

29:57 – Accountants’ favorite apps: 2021 edition

https://www.accountingtoday.com/list/accountants-favorite-apps-2021-edition

36:10 – Blake is Relay's new Accounting Community Advocate    

https://www.accountingtoday.com/list/on-the-move-sax-presents-annual-founders-award

38:59 – SURVEY: Office 365 Dominates Accounting Offices

https://cpatrendlines.com/2021/10/14/survey-office-365-dominates-accounting-offices/

43:50 – ProPublica is hiring an accountant

https://www.linkedin.com/jobs/view/finance-associate-at-propublica-2781745917

46:31 – CEO Video Series: Putting Destination CPA Back on Accounting Students’ Radar 

https://vimeo.com/638007048
 

51:31 – A CPA Pipeline Report: Decoding the Decline

https://www.icpas.org/information/professional-issues/decoding-the-decline

53:14 – Apple’s Most Back-Ordered New Product Is Not What You Expect

https://www.nytimes.com/2021/10/29/technology/apple-polishing-cloth.html

57:03 — Listener Mail – Thanks, Ryan Pearcy! Check out his podcast, Digi-Tools in Accrual World! 

https://digitoolsinaccrual.world/

58:49 – Man spent $57,789 in coronavirus relief aid on a Pokémon card, feds say

https://www.npr.org/2021/10/25/1049011060/coronavirus-relief-aid-pokemon-card

Get in Touch

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) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

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• Spotify: http://cloudacctpod.link/Spotify
• Google Play: http...

Our Guest
Evan Goldberg: https://www.linkedin.com/in/evan-netsuite/

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

Get in Touch

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) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

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Classifieds

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Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.

Full Transcript Available Upon Request - [email protected]

Sponsors

Rippling: https://cloudaccountingpodcast.promo/rippling
BaCo Tech: https://cloudaccountingpodcast.promo/baco
Client Hub: https://cloudaccountingpodcast.promo/clienthub

Need CPE? 

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Show Notes

1:25 – The Scoop on  SuiteWorld 2021

https://www.netsuitesuiteworld.com/

3:17 – Sneak Peek at our talk with Evan Goldberg, founder of NetSuite. You can hear the whole interview here: 

https://www.cloudaccountingpodcast.com/bonus250

15:00 – NetSuite Announces SuiteBanking, the First Cloud ERP to Integrate Fintech into a Unified Suite

https://www.netsuite.com/portal/company/newsroom/netsuite-announces-suitebanking,-the-first-cloud-erp-to-integrate-fintech-into-a-unified-suite.shtml

24:00 – We’re talking about Kevin O’Leary’s SuiteWorld keynote, and the three things CAP listeners need to hear — elevator pitch, proven track record, and know your numbers

27:53 – New rules taxing businesses using PayPal, Venmo in 2022

https://www.pahomepage.com/top-stories/new-rules-taxing-businesses-using-paypal-venmo-in-2022/

31:41 – Blake thinks it’s best to take a ‘wait and see’ approach in this so-called proposal, until it’s a real proposal

32:11 – Plaid Builds Partner Ecosystem to Simplify A2A Payments

https://www.pymnts.com/pymnts-post/news/partnerships-acquisitions/2021/plaid-builds-partner-ecosystem-simplify-a2a-payments/?c=mobile-wallets/page

33:58 – Clients prefer tech-savvy accountants

https://www.accountingtoday.com/news/clients-prefer-tech-savvy-accountants

37:24 – Xero wants to help your employees run all their own processes

https://www.techradar.com/news/xero-wants-to-help-your-employees-run-all-their-own-processes

Xero Me – Non-U.S. app

https://central.xero.com/s/article/Xero-Me-for-mobile

38:40 – The Guidance Gap: New Research Reveals Businesses Need Advice on People Operations

https://gusto.com/company-news/the-guidance-gap-new-research-reveals-businesses-need-advice-on-people-operations

41:05 – Practice Ignition and Gusto Partner to Launch First-Ever Integration to Accelerate Adoption and Knowledge of People Advisory

https://www.practiceignition.com/news/practice-ignition-and-gusto-partner-to-launch-first-ever-integration-to-accelerate-people-advisory

41:43 – Blake talks an invitation for early access to Gusto’s mobile device management offering

42:55 – Expensify Launches Free Plan for Small Businesses

https://www.businesswire.com/news/home/20211018005215/en/Expensify-Launches-Free-Plan-for-Small-Businesses

45:47 – Inside Expensify’s IPO filing

https://techcrunch.com/2021/10/18/inside-expensifys-ipo-filing/

46:37 – Fiserv to acquire BentoBox

https://www.finextra.com/pressarticle/89810/fiserv-to-acquire-bentobox

47:01 – Sovos to Acquire Istanbul-Based e-Transformation Compliance Company Digital Planet

https://www.prweb.com/releases/sovos_to_acquire_istanbul_based_e_transformation_compliance_company_digital_planet/prweb18274410.htm

47:29 – Avalara Acquires CrowdReason to Help Businesses Manage Property Tax Compliance

https://www.cpapracticeadvisor.com/sales-tax-compliance/news/21242816/avalara-acquires-crowdreason-to-help-businesses-manage-property-tax-compliance

49:55 – Businesses spend heavily on sales tax compliance

https://www.accountingtoday.com/news/businesses-spend-heavily-on-sales-tax-compliance

50:55 – Survey: Nobody Loves the Wayfair Decision

https://cpatrendlines.com/2021/10/18/nobody-loves-the-wayfair-decision/

51:51 –Stripe will acquire Recko to help internet businesses automate payments reconciliation

https://stripe.com/newsroom/news/recko

53:59 – Coinbase stock rises after Facebook taps it for help on new cryptocurrency project

https://www.cnbc.com/2021/10/19/facebook-taps-coinbase-for-digital-wallet-novi.html

54:19 – Intuit Introduces Money by QuickBooks, Mobile Banking Designed for Small Businesses

https://investors.intuit.com/news/news-details/2021/Intuit-Introduces-Money-by-QuickBooks-Mobile-Banking-Designed-for-Small-Businesses/default.aspx

57:12 – PayPal is in late-stage talks to acquire Pinterest

https://www.cnbc.com/2021/10/20/pinterest-shares-soar-following-report-paypal-may-buy-it.html

59:27 – IRS begins using videoconferencing to meet with big businesses

Sponsors

Rippling: https://cloudaccountingpodcast.promo/rippling
Client Hub: https://cloudaccountingpodcast.promo/clienthub
BaCo Tech: https://cloudaccountingpodcast.promo/baco

Need CPE? 

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
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Show Notes

1:17 – David updates us on his Cancun adventure and, of course, he ties it into subscription services! 

6:00 – Fixed fee debate is over. The new frontier is the all-inclusive subscription package, or as Ron Baker calls it, “Pricing the relationship.” 

10:39 – Taliesin West is Frank Lloyd Wright’s desert laboratory in Arizona

https://franklloydwright.org/taliesin-west/

15:33 – How do accounting firms learn from the Taliesin model? 

18:50 – SuiteWorld, October 18 – 21, 2021

https://www.netsuitesuiteworld.com/

20:33 – Suspected Ransomware Payments Nearly Doubled This Year, Treasury Says

https://www.wsj.com/articles/suspected-ransomware-payments-for-first-half-of-2021-total-590-million-11634308503

26:04 – Jamie Dimon Calls Bitcoin 'Worthless'

https://www.cnbc.com/2021/10/11/jpmorgan-chase-ceo-jamie-dimon-says-bitcoin-is-worthless.html

28:17 – Crypto could cause 2008-level meltdown, Bank of England official warns

https://www.cnbc.com/2021/10/14/crypto-could-cause-2008-level-meltdown-bank-of-england-official-warns.html

30:40 – USPS Debuts Paycheck-Cashing Services

https://www.pymnts.com/financial-inclusion-3/2021/usps-debuts-paycheck-cashing-services/

34:31 – Listener email – Thank you, Sandy Lerner! 

34:48 – The UPS Store – Small Business Accounting & Bookkeeping

https://www.theupsstore.com/small-business-services/accounting-bookkeeping

36:10 – When Private Equity Blows Up the CPA Partnership

https://cpatrendlines.com/2021/09/28/how-private-equity-blows-up-the-cpa-partnership/

36:43 – Competing for Talent in a Private-Equity World

https://cpatrendlines.com/2021/10/17/competing-for-talent-in-a-private-equity-world/

39:58 – CAS practices see 20% growth rate

https://www.journalofaccountancy.com/news/2021/oct/cas-practices-20-percent-growth-rate.html

47:30 – This Startup Is Using All-In-One Software To Empower Small Business Owners.

https://www.forbes.com/sites/garydrenik/2021/10/12/why-smbs-need-more-tailored-saas-platforms/?sh=44907e7e770f

50:14 – Microsoft to shut down LinkedIn in China

https://www.cnbc.com/2021/10/14/microsoft-to-shut-down-linkedin-in-china.html

51:46 – Should private companies such as enQ be allowed?

https://twitter.com/lorilynwilson/status/1447578663688413192?s=12

57:21 – Envestnet | Yodlee partners with Intuit QuickBooks

https://thepaypers.com/online-mobile-banking/envestnet-yodlee-partners-with-intuit-quickbooks--1252177

58:51 – Shopify Launches Global ERP Merchant Program

https://www.pymnts.com/commerce-connected/2021/shopify-launches-global-erp-merchant-program/

60:05 – Codat Announces Partnership with Intuit to Speed QuickBooks App Development And Catalyze New Wave of Open Finance

https://www.prnewswire.com/news-releases/codat-announces-partnership-with-intuit-to-speed-quickbooks-app-development-and-catalyze-new-wave-of-open-finance-301399821.html

Get in Touch

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) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

• Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
• Podchaser: http://cloudacctpod.link/podchaser
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• Overcast:

Sponsors

Rippling: https://cloudaccountingpodcast.promo/rippling
Dark Horse: https://cloudaccountingpodcast.promo/darkhorse
Client Hub: https://cloudaccountingpodcast.promo/clienthub

Show Notes

1:27 – David is leaving the building ... On vacation!  

1:52 – CAP Voicemail – Thank you, Jonathan Weiss! 

Is it too hard to become a CPA? Practitioners speak out

https://www.accountingtoday.com/news/is-it-too-hard-to-become-a-cpa-practitioners-speak-out

5:50 – CPA firms lay out top issues in 2021 and beyond

https://www.accountingtoday.com/opinion/cpa-firms-lay-out-top-issues-in-2021-and-beyond

9:42 – Service levels hit new lows at swamped IRS

https://www.accountingtoday.com/news/service-levels-hit-new-lows-at-swamped-irs

11:28 – IRS didn’t spot $20.6M in bogus nonresident tax refunds

https://www.accountingtoday.com/news/irs-didnt-spot-20-6m-in-bogus-nonresident-tax-refunds

12:04 – Florida man filed 745 tax returns in 4 years, collecting $235K in bogus refunds — ‘I found a flaw in your system, and I took advantage of it’

https://www.marketwatch.com/story/i-found-a-flaw-in-your-system-and-i-took-advantage-of-it-florida-man-filed-745-tax-returns-in-4-years-collecting-235k-in-bogus-refunds-11633540003

15:58 – Sage buys proposal software vendor GoProposal

https://www.enterprisetimes.co.uk/2021/10/05/sage-buys-proposal-software-vendor-goproposal/

Sage buys U.K. proposal management software maker

https://www.accountingtoday.com/news/sage-buys-uk-proposal-management-software-maker

19:32 – Latest product news – October 2021 | Xero Blog

https://www.xero.com/blog/2021/10/product-news-oct-2021/

23:05 – FreshBooks Acquires FastBill to Boost Growth in Canada

https://www.pymnts.com/news/partnerships-acquisitions/2021/freshbooks-acquires-fastbill-to-boost-growth-in-canada/

24:24 – Google Drive Is Getting Labels for Your Files

https://www.howtogeek.com/759458/google-drive-is-getting-labels-for-your-files/

25:20 – Chargebee acquires RevLock

https://www.accountingtoday.com/news/chargebee-acquires-revlock

26:17 – Pipe launches trading platform for recurring revenue

https://www.accountingtoday.com/news/pipe-launches-trading-platform-for-recurring-revenue

30:05 – Hackers exploit MFA flaw to steal from 6,000 Coinbase customers

https://cointelegraph.com/news/hackers-exploit-mfa-flaw-to-steal-from-6-000-coinbase-customers-report

32:59 – Sage Intacct 2021 Release 3: What’s New?

https://www.accttwo.com/blog/sage-intacct-2021-release-3-whats-new

39:03 – Elizabeth Warren Shocked to Learn Big Public Accounting Firms Do Shady Sh*t

https://www.goingconcern.com/elizabeth-warren-shocked-to-learn-big-public-accounting-firms-do-shady-sht/

40:58 – The tax agency would like to look at your financial transactions above $600. What could go wrong?

https://www.wsj.com/articles/internal-revenue-service-irs-rettig-yellen-brady-bank-account-tax-proposal-revenue-privacy-data-breach-11633287461

41:55 – Democrats eye narrowing Biden plan on bank reporting to IRS

https://www.accountingtoday.com/articles/democrats-eye-narrowing-biden-plan-on-bank-reporting-to-irs

Banks enlist customers to kill Biden’s account data reporting plan

https://www.accountingtoday.com/articles/banks-enlist-customers-to-kill-bidens-account-data-reporting-plan

45:06 – Adios, David – Enjoy Cancun! 

46:23 – Who Is John Zabel? Britney Spears' New Conservator Takes Over From Jamie Spears

https://www.yourtango.com/news/who-is-john-zabel-britney-spears-new-conservator

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