The Accounting Podcast

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Show Notes
 

5:29 – Blake talks about his visit to the Institute of Management Accountants in Texas, his interview with IMA President Jeff Thomson, and gives more detail on the upcoming Earmark CPA!

8:25 – State auditor steps down after failing accounting exams

https://www.newscentermaine.com/article/news/politics/state-auditor-steps-down-after-failing-accounting-exams/97-3073da7f-0106-4811-9f20-9db9fef24efd

13:04 – Ski Areas Are Struggling To Find Employees For The Upcoming Season

https://www.npr.org/2021/09/29/1041411706/ski-areas-are-struggling-to-find-employees-for-the-upcoming-season

14:07 – Exclusive-PwC tells U.S. employees they need never return to the office

https://finance.yahoo.com/news/exclusive-pwc-tells-u-employees-211505972.html

18:42 – Work-life balance improves audits, but not job satisfaction

https://www.accountingtoday.com/news/work-life-balance-improves-audits-but-not-job-satisfaction

21:57 – In-person Zoom is the new norm for many workers returning to the office

https://www.washingtonpost.com/technology/2021/09/27/return-to-work-in-person-hybrid/

23:50 – The real stakes of Apple’s battle over remote work

https://www.vox.com/recode/22690190/apple-remote-work-from-home-employee-cher-scarlett-janneke-parrish

24:57 – Remote work is making productivity and innovation harder, says Microsoft study

https://www.zdnet.com/article/remote-work-is-making-productivity-and-innovation-harder-says-microsoft-study/

25:53 – Accounting Today calls for nominations for 2021 Top 100 People

https://www.accountingtoday.com/news/accounting-today-calls-for-nominations-for-2021-top-100-people

27:30 – Intuit Investor Day 2021

https://investors.intuit.com/events-and-presentations/event-details/2021/Intuits-Investor-Day-2021/

27:52 – Our strategy is to be an “AI-driven expert platform”

https://www.intuit.com/strategy/

28:46 – QuickBooks Online Advanced adding Excel integration

https://quickbooks.intuit.com/blog/whats-new/quickbooks-online-advanced-adding-excel-integration/

33:47 – Listener mail – QuickBooks v. Quicken? Thanks, Stephen Smith! 

39:20 – Avalara Acquires Track1099 to Help Businesses Manage IRS Form Filing Requirements

https://www.avalara.com/us/en/about/press/category/2021/10/avalara-acquires-track1099-to-help-businesses-manage-irs-form-filing-requirements.html

42:49 – Xero System Status – Current and Past Incidents

https://status.xero.com/

45:50 – What’s new in QuickBooks Online: September 2021

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

51:01 – A Message from Sage CEO Steve Hare to Sage colleagues

https://www.sage.com/en-gb/news/press-releases/2021/09/a-message-from-sage-ceo-steve-hare-to-sage-colleagues/

52:05 – (LSPD) Alert: Did You Lose Money on Your Lightspeed Commerce Investment? Contact Johnson Fistel Regarding Investigation

https://www.globenewswire.com/news-release/2021/09/29/2305700/0/en/LSPD-Alert-Did-You-Lose-Money-on-Your-Lightspeed-Commerce-Investment-Contact-Johnson-Fistel-Regarding-Investigation.html

52:24 – Lightspeed (TSX:LSPD) Stock: Is an Accounting Scandal Brewing?

https://ca.finance.yahoo.com/news/lightspeed-tsx-lspd-stock-accounting-145454977.html

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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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Show Notes

0:24 –Accountancy Problems – Studying Accounting at 3:00 a.m.

https://twitter.com/AcctncyProblems/status/1441319313294561283

2:24 – AOC's 'Tax the Rich' dress could've used a different slogan

https://www.accountingtoday.com/articles/aocs-tax-the-rich-dress-couldve-used-a-different-slogan

4:00 – As More Workers Go Solo, the Software Stack Is the New Firm

https://future.a16z.com/solo-workers-software-stack/

7:56 – Have you used the IRS Tax Pro Account Feature? Details from the AICPA’s Weekly Weigh-In survey question. 

10:14 – How Accounting Giants Craft Favorable Tax Rules from Inside Government

https://www.nytimes.com/2021/09/19/business/accounting-firms-tax-loopholes-government.html?referringSource=articleShare

14:00 – How Top Accounting Firms Help Their Clients Sidestep Taxes

https://www.nytimes.com/2021/09/19/business/accounting-firms-tax-loopholes-government.html

15:10 – News Analysis: Getting Over Government's Revolving Door

http://www.taxhistory.org/thp/readings.nsf/ArtWeb/FA6ABE3DDF54E7EC852579C20073FD39?OpenDocument

16:12 – House tax bill would likely force Peter Thiel to pull $5 billion from his IRA

https://www.cnbc.com/2021/09/17/house-tax-bill-would-likely-force-peter-thiel-to-pull-5-billion-from-his-ira.html

17:07 – California Governor Signs Bill Targeting Amazon Warehouse Quotas

https://www.wsj.com/articles/california-governor-signs-bill-targeting-amazon-warehouse-quotas-11632367503?mod=tech_lead_pos4

21:30 – KPMG urges boards to focus on climate risks

https://www.accountingtoday.com/news/kpmg-urges-boards-to-focus-on-climate-risks

22:40 – Heroic Accounting

https://ssir.org/articles/entry/heroic_accounting

25:54 – Listener Mail on the 150-hour education requirement – Thanks, Mike! 

27:34 – Accountants reply: Is it too hard to become a CPA?

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

29:36 – Listener Mail on CPA – Thanks T.C. Whittaker! 

32:34 – NY Law Firm Slams Intuit Over QuickBooks Transaction Fees

https://www.law360.com/articles/1424069/ny-law-firm-slams-intuit-over-quickbooks-transaction-fees

34:57 – Intuit launches venture arm to invest in startups with innovation for small businesses, consumers

https://techcrunch.com/2021/09/22/intuit-launches-venture-arm-to-invest-in-startups-with-innovation-for-small-businesses-consumers/

37:25 – Coinbase adds direct deposit into crypto accounts

https://www.cnbc.com/2021/09/27/coinbase-adds-direct-deposit-into-crypto-accounts-.html

37:48 – China's top regulators ban crypto trading and mining, sending bitcoin tumbling

https://www.reuters.com/world/china/china-central-bank-vows-crackdown-cryptocurrency-trading-2021-09-24/

39:01 – SEC’s Gensler Doesn’t See Cryptocurrencies Lasting Long

https://www.wsj.com/articles/secs-gensler-doesnt-see-cryptocurrencies-lasting-long-11632246355

43:07 – Longest Article Title Ever? Gilded Launches Compass: The Most Advanced QuickBooks Integration for Crypto Institutional adoption of cryptocurrency has intensified the demand for sophisticated crypto accounting functionality. Gilded Compass streamlines financial reporting for cryptocurrency in QuickBooks Online.

https://financialpost.com/globe-newswire/gilded-launches-compass-the-most-advanced-quickbooks-integration-for-crypto-institutional-adoption-of-cryptocurrency-has-intensified-the-demand-for-sophisticated-crypto-accounting-functionality-gild

44:03 – Meet Compass: The Most Advanced QuickBooks Integration for Crypto

https://blog.gilded.finance/gilded-compass-quickbooks/

44:45 – Does your business use Gilded? Let us know! 

45:22 – Expensify is Carbon Neutral in 2021

https://www.businesswire.com/news/home/20210922005893/en/Expensify-is-Carbon-Neutral-in-2021

46:24 – SURVEY: Zoom Tops Microsoft Teams for Now

https://cpatrendlines.com/2021/09/19/survey-zoom-tops-microsoft-teams-for-now/

47:50 – REPAY, Veem Collaborate on B2B Payments

https://www.pymnts.com/news/b2b-payments/2021/repay-veem-collaborate-on-b2b-payments/

47:57 – American Express and Extend Partner to Enable Virtual Cards for U.S. Small and Mid-Sized Businesses

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Show Notes

1:18 – Intuit Secures Clippers Arena Naming Rights for $500M

https://frontofficesports.com/intuit-secures-clippers-arena-naming-rights-for-500m/

9:15 – Mailchimp employees are furious after the company's founders promised to never sell, withheld equity, and then sold it for $12 billion

https://www.businessinsider.com/mailchimp-insiders-react-to-employees-getting-no-equity-2021-9

13:50 – Private equity firms take stakes in accounting firms

https://www.accountingtoday.com/news/private-equity-firms-take-stakes-in-accounting-firms

19:46 – KPMG Australia fined $450K over training test cheating

https://www.complianceweek.com/regulatory-enforcement/kpmg-australia-fined-450k-over-training-test-cheating/30795.article

23:32 – Why Does All Work Take So Long?

https://cpatrendlines.com/2021/09/13/why-does-all-work-take-so-long/

27:30 – 'Love & Hip Hop: Atlanta' Star Gets 17 Years In Prison For PPP Loan Fraud Case

https://www.blackenterprise.com/love-hip-hop-atlanta-star-gets-17-years-in-prison-for-ppp-loan-fraud-case/

More PPP Fraud News: Texas wedding planner sentenced after misusing more than $1.5M in PPP loan money, feds say

https://www.click2houston.com/news/local/2021/09/16/texas-wedding-planner-sentenced-after-misusing-more-than-15m-in-ppp-loan-money-feds-say/

29:01 – The Holmes Trial gets into the Excel Nitty-Gritty

https://www.theverge.com/2021/9/14/22674657/elizabeth-holmes-theranos-trial-wire-fraud-financial-witness

31:55 – Xerocon New Orleans 2022: Laissez les bon temps rouler; let the good times roll...soon!

https://www.xero.com/blog/2021/09/xerocon-new-orleans-2022/

33:06 – POS ResTech Firm Toast Eyes IPO up to $717M

https://www.pymnts.com/news/ipo/2021/pos-restech-firm-toast-eyes-ipo-up-to-717m/

36:00 – Zoom Invests Additional $30 Million in Neat to Further Innovate the Modern Workspace

https://blog.zoom.us/zoom-neat-investment-workspace-transformation/

37:40 – Chewy to Launch Marketplace for Vets in Expansion of Health Offerings

https://www.pymnts.com/news/retail/2021/chewy-to-launch-marketplace-for-vets-in-expansion-of-health-offerings/

38:35 – SaaS data backup and recovery platform Rewind raises $65M

https://venturebeat.com/2021/09/15/saas-data-backup-and-recovery-platform-rewind-raises-65m/

41:10 – ADP improves RUN payroll system, adds vaccine tracking

https://www.accountingtoday.com/news/adp-improves-run-payroll-system-adds-vaccine-tracking

42:49 – Barely anyone is using Apple Pay in stores anymore

https://www.techradar.com/news/barely-anyone-is-using-apple-pay-in-stores-anymore

44:26 – Square Offers Sellers and Consumers a New Checkout Experience with Cash App Pay

https://squareup.com/us/en/press/cash-app-pay

45:29 – B2B Payments Platform Melio Raises $250M at $4B Valuation

https://www.pymnts.com/news/b2b-payments/2021/b2b-payments-platform-melio-raises-250m-at-4b-valuation/

46:35 – Listener Mail about mesh network issues  – Thanks, Dan Luthi! 

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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Show Notes

2:58 – EisnerAmper Gets Private Equity Backing

https://cpatrendlines.com/2021/09/11/big-deal-private-equity-takes-stake-in-eisneramper-cpas-2/

9:46 – KPMG's UK arm among first to set targets for working class staff

https://www.reuters.com/business/sustainable-business/kpmgs-uk-arm-among-first-set-targets-working-class-staff-2021-09-09/

11:58 – Here’s What We Know Right Now About the New COVID Vax Requirements at KPMG US

https://www.goingconcern.com/heres-what-we-know-right-now-about-the-new-covid-vax-requirements-at-kpmg-us/

13:07 – Most U.S. Employers to Require COVID-19 Vaccination

https://www.cfo.com/covid-19/2021/09/most-u-s-employers-to-require-covid-vaccination/

14:48 – If You Never Met Your Co-Workers in Person, Did You Even Work There?

https://www.nytimes.com/2021/09/08/business/remote-office-co-workers-working-from-home.html

19:53 – Blake is taking his leave from Jirav. What’s next? 

24:50 – JofA 2021 Tax Software Survey Results Are In

https://www.drakesoftware.com/blog/tags/2021%20tax%20software%20survey

37:35 – IRS regulation of tax preparers gains steam

https://www.accountingtoday.com/news/irs-regulation-of-tax-return-preparers-gains-steam

43:45 – Facebook to buy $100 million worth of unpaid invoices from 30,000 small businesses owned by women and minorities

https://www.cnbc.com/2021/09/11/facebook-to-buy-100-million-of-invoices-from-diverse-owned-businesses.html

46:00 – Amazon Is Creating A POS System To Compete With Shopify And PayPal—And Other Small Business Tech News

https://www.forbes.com/sites/quickerbettertech/2021/09/12/amazon-is-creating-a-pos-system-to-compete-with-shopify-and-paypaland-other-small-business-tech-news/?sh=438fe52f5e28

49:59 – Quicken, one of the ‘first fintechs,’ is being sold again

https://techcrunch.com/2021/09/09/quicken-one-of-the-first-fintechs-resold-to-another-private-equity-firm/

55:42 – PayPal to Buy Japan’s Paidy for $2.7 Billion

https://www.wsj.com/articles/paypal-to-buy-japans-paidy-for-2-7-billion-11631087698

56:30 –Clio snaps up document automation startup in latest acquisition

https://www.reuters.com/legal/transactional/clio-snaps-up-document-automation-startup-latest-acquisition-2021-09-08/

57:51 – Notion acquires India’s Automate.io in push to accelerate product expansion

https://techcrunch.com/2021/09/08/notion-acquires-indias-automate-io-in-push-to-accelerate-product-expansion/

61:35 – Expensify Announces New Expensify Card Perk: Up to 2% Cash Back for All Cardholders

https://www.businesswire.com/news/home/20210908005475/en/Expensify-Announces-New-Expensify-Card-Perk-Up-to-2-Cash-Back-for-All-Cardholders

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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Show Notes

5:59 – Here’s why small-business kingpin Intuit is buying Mailchimp for $12B

https://www.fastcompany.com/90675994/intuit-mailchimp-acquisition

6:11 – Intuit in talks to buy Mailchimp for more than $10B

https://www.accountingtoday.com/articles/intuit-in-talks-to-buy-mailchimp-for-more-than-10b

13:35 – Xero Tax: Personal tax is now live

https://www.xero.com/blog/2021/08/personal-tax-live/

16:10 – Xero iOS app update – You can reconcile spend and receive transactions at the same time when doing find and match – WOOT! 

Xero Blog – Latest product news – September 2021

https://www.xero.com/blog/2021/09/product-news-sept-2021/

19:30 – Apple announces first states signed up to adopt driver’s licenses and state IDs in Apple Wallet

https://www.apple.com/newsroom/2021/09/apple-announces-first-states-to-adopt-drivers-licenses-and-state-ids-in-wallet/

21:10 – Neat introduces NeatBooks and NeatInvoices

https://www.accountingtoday.com/news/neat-introduces-neatbooks-and-neatinvoices

27:16 – New & Improved in FreshBooks: Team Cost Rates, Project Profitability, and More

https://www.freshbooks.com/blog/product-updates-august-2021

28:03 – Square to launch a new paid subscription, Invoices Plus

https://techcrunch.com/2021/08/30/square-to-launch-a-new-paid-subscription-invoices-plus/

30:00 – Vic.ai, an AI-powered accounting automation platform, raises $50M

https://venturebeat.com/2021/09/01/vic-ai-an-ai-powered-accounting-automation-platform-raises-50m/

35:08 – Watch Google’s Super-powered AI Turn Pixelated Photos into Hi-res

https://www.inputmag.com/tech/googles-ai-photo-upscaling-tool-borders-on-science-fiction

Google’s New AI Photo Upscaling Tech is Jaw-Dropping

https://petapixel.com/2021/08/30/googles-new-ai-photo-upscaling-tech-is-jaw-dropping/

37:25 – Canopy integrates with QuickBooks Online

https://www.accountingtoday.com/news/canopy-integrates-with-quickbooks-online

38:40 – Baker Tilly to acquire accounting tech services company

https://www.accountingtoday.com/news/baker-tilly-to-acquire-accounting-tech-services-company-accttwo

40:48 – Another Exodus of NCR Employees and NCR Reportedly Kills Aloha Nextgen POS

https://reformingretail.com/index.php/2021/08/31/another-exodus-of-ncr-employees-and-ncr-reportedly-kills-aloha-nextgen-pos/

42:24 – IRS adds address change capability to Child Tax Credit portal

https://www.accountingtoday.com/news/irs-adds-change-of-address-capability-to-child-tax-credit-portal

43:11 – Plaid CTO: Banks, FinTechs Must Turn ‘Transaction Data Mosaic’ Into Cohesive Service Offering

https://www.pymnts.com/digital-first-banking/2021/plaid-cto-banks-fintechs-must-turn-transaction-data-mosaic-into-cohesive-service-offering/

46:20 – Even a Marvel Superhero Knows How Horrible Working at a Big 4 Firm Can Be

https://www.goingconcern.com/even-a-marvel-superhero-knows-how-horrible-working-at-a-big-4-firm-can-be/

50:07 – The Accountant 2 Is a Done Deal, Ben Affleck & Jon Bernthal Will Both Return

https://www.imdb.com/news/ni63411978

52:00 – Feedback from you, our excellent listeners! Thank you! 

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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Show Notes

6:25 – Is it too hard to become a CPA? 

https://www.accountingtoday.com/opinion/is-it-too-hard-to-become-a-cpa

8:50 – Accounting profession having trouble with recruitment

https://www.accountingtoday.com/news/accounting-profession-having-trouble-with-recruitment

11:00 – Most Companies Struggling to Hire Workers

https://www.cfo.com/hiring/2021/08/most-companies-struggling-to-hire-workers/

12:20 – Which College Programs Give Students the Best Bang for Their Buck?

https://www.thirdway.org/report/which-college-programs-give-students-the-best-bang-for-their-buck

23:27 – “Entry-level” Jobs Require 3+ Years of Experience 

https://public.tableau.com/app/profile/nikastar/viz/2021W34Entry-leveljobsrequire3yearsofexperience_16297364426090/Dashboard1

29:19 – QuickBooks Live Bookkeeper Info

https://www.intuit.com/careers/quickbooks-live-experts/

31:58 – Intuit Bookkeeping Professional Certificate

https://www.coursera.org/professional-certificates/intuit-bookkeeping

33:40 – How a Video Résumé Can Get You Hired in the Covid-19 Job Market

https://www.wsj.com/articles/how-a-video-resume-can-get-you-hired-in-the-covid-19-job-market-11629457200

37:22 – Intuit Quarterly Results

 https://investors.intuit.com/financials/quarterly-results/default.aspx

What’s new in QuickBooks Online: August 2021

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

45:44 – Why we’ve updated the bank reconciliation design

https://www.xero.com/blog/2021/08/why-weve-updated-the-bank-reconciliation-design/

50:32 – Incoming Updates! Start Using Focus Mode, Limit Screen Sharing, and Seamlessly Transfer Meetings

https://blog.zoom.us/focus-mode-limit-screen-sharing-seamless-meeting-transfer/

52:43 – Pry Financials raises $4.2M to make startup accounting more approachable

https://techcrunch.com/2021/08/23/pry-financials-raises-4-2m-to-make-startup-accounting-more-approachable/

53:43 – Ramp raises $300M at a $3.9B valuation, makes its first acquisition

https://techcrunch.com/2021/08/24/ramp-raises-300m-at-a-3-9b-valuation-makes-its-first-acquisition/

54:48 – Balance raises $25M in a Ribbit Capital-led Series A to grow its ‘consumer-like B2B checkout platform

https://techcrunch.com/2021/08/25/balance-raises-25m-in-a-ribbit-capital-led-series-a-to-grow-its-consumer-like-b2b-checkout-platform/

55:17 – Zeal Raises $13 Million Series A to Scale API Infrastructure Allowing Companies to Build Custom Payroll Products

https://www.businesswire.com/news/home/20210827005003/en/Zeal-Raises-13-Million-Series-A-to-Scale-API-Infrastructure-Allowing-Companies-to-Build-Custom-Payroll-Products

55:46 – Brex Launches $150 Million Venture Debt Business

https://www.theinformation.com/articles/brex-launches-150-million-venture-debt-business

56:40 – Finexio Raises $8M To Build Out AP Software Suite

https://www.pymnts.com/accounts-payable/2021/finexio-accounts-payable/

56:50 – Accounting platform Synder raises $2M

https://startupworld.tech/accounting-platform-synder-raises-2m/

57:26 – Sensibill and FreeAgent Partner to Offer Digital Receipt and Expense Management Solutions to Small Businesses

https://www.businesswire.com/news/home/20210826005115/en/Sensibill-and-FreeAgent-Partner-to-Offer-Digital-Receipt-and-Expense-Management-Solutions-to-Small-Businesses

58:46 – Pry Versus Quickbooks

https://pry.co/bookkeeping

60:34 – Short and Sweet – we got a review! Thanks, Vanessa! 

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Show Notes

1:40 – We’ve hit the big time! We’re 2,034 out of all podcasts in the universe! 

2:05 – An Exclusive Guide to America's Top Private Companies

https://www.inc.com/inc5000

4:00 – TikToker Shares How She Spent Millions of Dollars for Alabama Sorority at 19

https://www.insider.com/how-woman-handled-finances-for-alabama-sorority-as-teen-tiktok-2021-8

10:45 – Why this New York designer loves doing her own bookkeeping
https://businessofhome.com/articles/why-this-new-york-designer-loves-doing-her-own-bookkeeping

14:36 – These People Who Work From Home Have a Secret: They Have Two Jobs

https://www.wsj.com/articles/these-people-who-work-from-home-have-a-secret-they-have-two-jobs-11628866529

16:50 – The Remote Trend Of Working Two Jobs At The Same Time Without Both Companies Knowing
https://www.forbes.com/sites/jackkelly/2021/08/15/the-remote-trend-of-working-two-jobs-at-the-same-time-without-both-companies-knowing/

25:44 – PwC delays return to offices amid Delta spread

https://www.accountingtoday.com/news/pwc-delays-return-to-offices-amid-delta-spread

27:00 – EY launches Career Path Accelerator Program

https://www.accountingtoday.com/news/ey-launches-career-path-accelerator-program

33:15 – Better yet, why not get rid of the 150 hour requirement? Twitter thread: https://twitter.com/BlakeTOliver/status/1428364571954192393 

CPA Exam Makeover Risks Raising Hurdles for Black Accountants
https://news.bloombergtax.com/financial-accounting/cpa-exam-makeover-risks-raising-hurdles-for-black-accountants

34:09 – Art of Accounting: Buying a new suit

https://www.accountingtoday.com/opinion/art-of-accounting-buying-a-new-suit

37:40 – PPP Loan Fraud: Fintechs Found to Be Much More Likely to OK Suspicious Loans 

https://www.bloomberg.com/news/articles/2021-08-17/fintechs-found-to-be-much-more-likely-to-ok-suspicious-ppp-loans

15% of Paycheck Protection Program Loans Could Be Fraudulent, Study Shows

https://www.nytimes.com/2021/08/17/business/ppp-fraud-covid.html

42:48 – Afghanistan: What has the conflict cost the US and its allies? - BBC News

https://www.bbc.com/news/world-47391821

45:30 – Accountants must play key role in application of AI | Accountancy Daily
https://www.accountancydaily.co/accountants-must-play-key-role-application-ai

49:36 – QuickFee Integrates With Accounting Firm Xero

https://www.pymnts.com/news/b2b-payments/2021/quickfee-integration-accounting-firm-xero/

51:53 – Blue J Raises $9M in Series B Funding, Adds Key Personnel, Announces New Tax Diagramming Solution 

https://www.businesswire.com/news/home/20210810005199/en/Blue-J-Raises-9M-in-Series-B-Funding-Adds-Key-Personnel-Announces-New-Tax-Diagramming-Solution

55:16 – Credit Karma integrates Money software with QuickBooks Online Payroll 

https://www.accountingtoday.com/news/credit-karma-integrates-money-software-with-quickbooks-online-payroll

59:13 – We’ve got VOICEMAIL! Thank you, Ryan! 

62:00 – New Reviews! Thank you, Joe Gamatoria, and Colaangel! 

Get in 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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Show Notes

01:30 – Blake and David talk smart homes, Zoom, and router recommendations, Mnuchin and movies. 

7:55 – Updates of PPP Forgiveness

10:02 – Survey: COVID relief, changing laws were last tax season’s headaches

https://www.accountingtoday.com/news/natp-survey-covid-relief-changing-laws-were-last-tax-seasons-headaches

12:20 – IRS Funding Surge Punted From Bipartisan Infrastructure Package

https://www.govexec.com/workforce/2021/07/irs-funding-surge-punted-bipartisan-infrastructure-package/183873/

13:26 – Cryptocurrency brawl bogs down infrastructure bill, as Yellen and White House fight changes

https://www.washingtonpost.com/politics/2021/08/06/crypto-bitcoin-infrastructure-senate/

18:00 – Closing date set for new Shuttered Venue Operator Grant applications

https://www.journalofaccountancy.com/news/2021/aug/shuttered-venue-operator-grant-svog-application-closing-date.html

21:04 – Former Dixon comptroller Rita Crundwell released from prison early
https://www.wifr.com/2021/08/05/former-dixon-comptroller-rita-crundwell-released-prison-early/?utm_source=pocket_mylist

22:25 – All the Queen’s Horses Documentary on YouTube – Free

https://www.youtube.com/watch?v=dpr2A3S3CNk

24:05 – Hundreds of AI tools have been built to catch covid. None of them helped.
https://www.technologyreview.com/2021/07/30/1030329/machine-learning-ai-failed-covid-hospital-diagnosis-pandemic/

31:06 – Reflecting on the evolution of bank reconciliation at Xero

https://www.xero.com/blog/2021/08/bank-reconciliation-evolution-at-xero/

33:36 – Taking business banking to the next level with Revolut

https://www.xero.com/blog/2021/08/revolut-next-level-business-banking/

More Reading on Xero:

Xero Upgrades Bank Reconciliation Feature
https://www.accountingweb.com/technology/accounting-software-news/xero-upgrades-bank-reconciliation-feature

Xero revamps bank recs, injects AI

https://www.accountingtoday.com/news/xero-revamps-bank-recs-injects-ai

36:43 – HR software company Gusto raises $175 million

https://www.axios.com/gusto-fundraising-175-million-f2bb33ba-fced-4343-8a7b-0aa6a5d6dbbe.html

Gusto Raises $175M in Series E Funding

https://www.finsmes.com/2021/08/gusto-raises-175m-in-series-e-funding.html

38:20 – Accounting firm FreshBooks hits unicorn status, plans global growth after raising US$130-million

https://financialpost.com/news/fp-street/accounting-firm-freshbooks-hits-unicorn-status-plans-global-growth-after-raising-us130-million

43:56 – 'Connected accounting' startup closes $13M funding round

https://www.accountingtoday.com/news/connected-accounting-startup-lockstep-closes-13m-series-a-funding-round

Lockstep Website

https://lockstep.io/

46:36 – New IRS tax collection notices offer QR code contact option

https://www.dontmesswithtaxes.com/2021/08/redesigned-irs-tax-collection-notices-now-offer-qr-code-contact-option.html

47:36 – ZenBusiness Democratizes Small Business Finance With New All-Inclusive Payments App ZenBusiness Money
https://www.businesswire.com/news/home/20210810005143/en/ZenBusiness-Democratizes-Small-Business-Finance-With-New-All-Inclusive-Payments-App-ZenBusiness-Money

50:29 – US Bank to Buy Bento Technologies

https://www.pymnts.com/news/partnerships-acquisitions/2021/us-bank-to-buy-biz-expense-management-platform-bento-technologies/

53:13 – Announcing Check + Quickbooks Online – Check

https://www.checkhq.com/post/announcing-check-quickbooks-online?utm_source=pocket_mylist

53:44 – The news from you! We’ve got reviews! Thank you, Cbordeaux, Amanda from NOLA, Rachael, and Eddie Valls!

55:35 – As if reviews weren’t enough, we got voicemail! Thank you, Scott Scarano! 

Get in 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

Sponsors

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Show Notes

3:00 – Risk Assessment and COVID 

10:30 – Square to Buy Installment Lender Afterpay for $29B

https://www.cfo.com/ma/2021/08/square-to-buy-installment-lender-afterpay-for-29b/

19:21 – Rootworks Acquires CPA Practice Advisor

https://finance.yahoo.com/news/rootworks-acquires-cpa-practice-advisor-131500586.html

19:36 – Right Networks Acquires Rootworks

https://www.rightnetworks.com/blog/right-networks-acquires-rootworks/

20:57 – Windows 365 costs how much!?

https://www.computerworld.com/article/3628169/windows-365-costs-how-much.html

More Microsoft News: 

Microsoft's new collaboration tool wants to replace Google Workspace for good

https://www.techradar.com/news/microsofts-new-collaboration-tool-wants-to-replace-google-workspace-for-good

4 Must-Know Features of Project Moca (a.k.a. Outlook Spaces)

https://www.avepoint.com/blog/manage/outlook-spaces-project-moca/

28:17 – Greenback is becoming Dext Commerce

https://www.greenback.com/blog/greenback-and-dext/447

Dext debuts rebranded e-commerce solution

https://www.accountingtoday.com/news/dext-debuts-rebranded-e-commerce-solution-following-acquisition

31:43 – Earth Class Mail: Mailbox Scan

https://play.google.com/store/apps/details?id=io.delivered.ecm&hl=en&gl=US

33:37 – Introducing the new Xero App Store

https://www.xero.com/blog/2021/08/introducing-new-xero-app-store/

37:14  – Latest product news – August 2021

https://www.xero.com/blog/2021/08/latest-product-news-august-2021/

38:20 – Zeni receives $34M in funding for AI bookkeeping

https://www.accountingtoday.com/news/zeni-receives-34m-in-funding-for-ai-bookkeeping-and-accounting

48:30 –Meetings aren't killing productivity; data entry is

https://zapier.com/blog/report-how-office-workers-spend-time

52:13 – 1 in 4 Former Employees Still Has Access to Files at Old Job

https://smallbiztrends.com/2021/08/employees-access-files-former-employer.html

57:20 – Final Report - Advisory Committee on Open Banking

https://www.canada.ca/en/department-finance/programs/consultations/2021/final-report-advisory-committee-open-banking.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

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Full Transcript Available Upon Request - [email protected]

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Show Notes

2:00 – A rundown of our visit to AICPA Engage in Vegas, plus news on some other upcoming events. You can find out more about the latest, greatest accounting conferences here: https://accountingconferences.com

12:00 – SBA Announces Opening of Paycheck Protection Program Direct Forgiveness Portal

https://www.sba.gov/article/2021/jul/28/sba-announces-opening-paycheck-protection-program-direct-forgiveness-portal

12:17 – Small Business Administration to Revamp PPP Forgiveness in Bid to End Historic Program

https://www.politico.com/news/2021/07/27/paycheck-protection-program-ending-501046

13:49 – Nearly 500 taxpayers had over $150M in their IRAs

https://www.accountingtoday.com/news/nearly-500-taxpayers-had-over-150m-in-their-iras

16:53 – New IRA product allows for tax-free Bitcoin mining

https://www.accountingtoday.com/articles/new-ira-product-allows-for-tax-free-bitcoin-mining

21:02 – Fed's Brainard: Can't wrap head around not having U.S. central bank digital currency

https://reut.rs/3ygDh7S

23:10 – Tether Executives Said to Face Criminal Probe into Bank Fraud

https://www.bloomberg.com/news/articles/2021-07-26/tether-executives-said-to-face-criminal-probe-into-bank-fraud

24:40 – 74% of Consumers Prefer Texting with Businesses if a Real Person is Texting Back

https://smallbiztrends.com/2021/07/customers-prefer-texting-business-real-people.html

27:16 – Small businesses face bookkeeping challenges, overdue invoices during pandemic

https://www.accountingtoday.com/news/small-businesses-face-bookkeeping-challenges-overdue-invoices-during-pandemic

32:17 – It doesn’t fucking matter

https://medium.com/@thedannorris/it-doesnt-fucking-matter-391a399c7caa

40:11 – Homebase raises $71M for a team management platform aimed at SMBs and their hourly workers – TechCrunch

https://techcrunch.com/2021/07/29/homebase-raises-71m-for-a-team-management-platform-aimed-at-smbs-and-their-hourly-workers/

43:40 – Xero says accounting software users were locked out by login glitch, not nefarious deeds

https://www.theregister.com/2021/07/28/xero_login_glitch_resolved/

45:42 – New & Improved in FreshBooks: Advanced Client Search, KeyPay Payroll, and More

https://www.freshbooks.com/blog/product-updates-july-2021

46:40 – Sage Q3 2021 Results

https://www.sage.com/investors/financial-information/results/

47:41 – Introducing Zoom Apps: Use the Apps You Love, Right in Zoom

https://blog.zoom.us/start-using-zoom-apps/

48:47 – PandaDoc for Zoom

https://marketplace.zoom.us/apps/hHK3qVpjTCycz2xXS249gA

50:22 – Summit invests $215M into Odoo, an open-source business management software developer, at a $2.3B+ valuation

https://techcrunch.com/2021/07/29/summit-invests-215m-into-odoo-an-open-source-business-management-software-developer-at-a-2-3b-valuation/

51:12 – We’ve Got Reviews! Thanks, Smackramen, and Brianqzo! 

Get in 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? 

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