The Accounting Podcast

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Show Notes

11: 51 – AICPA is now targeting high school counselors to build up the accounting profession

13:22 – ‘Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Off

https://www.wsj.com/articles/financially-hobbled-for-life-the-elite-masters-degrees-that-dont-pay-off-11625752773

17:47 – Graduates should expect to work 12-hour days and 6 days a week to really master their jobs, says JPMorgan exec

https://www.businessinsider.com/jpmorgan-exec-graduates-should-work-12-hour-days-6-day-weeks-2021-7

23:17 – AICPA Town Hall Series – July 22, 2021

http://townhall.aicpa.libsynpro.com/aicpa-town-hall-series-july-22-2021

25:38 – The Sad State of Accounting Standards

https://www.accountingtoday.com/opinion/the-sad-state-of-accounting-standards

34:15 – Video Gaming the System

https://www.npr.org/2021/07/21/1018915121/video-gaming-the-system

37:30 – The SBA's PPP Loan Forgiveness Portal Is Coming

https://www.inc.com/brit-morse/ppp-loan-forgiveness-portal-small-business-administration-paycheck-protection-program.html

38: 51 – Bill.com to acquire Invoice2go in $625M deal

https://www.accountingtoday.com/news/bill-com-to-acquire-invoice2go-in-625m-deal

43:44 – Square launches checking and savings accounts for small businesses

https://www.theverge.com/2021/7/20/22585365/square-banking-checking-savings-business-accounts

44:16 – FloQast scores $110M in latest funding round

https://www.accountingtoday.com/news/floqast-scores-110m-in-latest-funding-round

45:15 – Finance Chiefs Are Still Trying to Replace Excel With New Tools

https://www.wsj.com/articles/finance-chiefs-are-still-trying-to-replace-excel-with-new-tools-11626859801

48:52 – Visa acquires Currencycloud, which makes APIs for remittances and currency transfers, in a $963M deal

https://techcrunch.com/2021/07/22/visa-acquires-currencycloud-which-makes-apis-for-remittances-and-currency-transfers-in-a-963m-deal/

49:50 – Anduin earmarks $14M seed round for intelligent practice management

https://www.accountingtoday.com/news/anduin-earmarks-14m-seed-round-for-intelligent-practice-management

50:38 – What’s new in QuickBooks Online: July 2021

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

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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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

Live from NOLA – The Cloud Accounting Podcast is on the road again!  

5:25 – Banks Are Reversing Course on PPP Loans to Small Business Owners

https://theintercept.com/2021/07/12/covid-banks-sba-ppp-loans/

6:47 – We’ve got Voicemail! Thank you, Ray! 

7:32 – This Way to CPA https://www.thiswaytocpa.com/

9:15 – TurboTax-Maker Intuit Will Leave Free Tax Filing Partnership With IRS

https://www.propublica.org/article/turbotax-maker-intuit-will-leave-free-tax-filing-partnership-with-irs

13:20 – Accelerating Technology Innovation to Better Help Consumers Solve Their Most Pressing Financial Problems 

https://www.intuit.com/blog/news-social/accelerating-technology-innovation-to-better-help-consumers-solve-their-most-pressing-financial-problems/

18:12 – Ivix receives $13M in funding to help fight tax evasion

https://www.accountingtoday.com/news/ivix-receives-13m-in-seed-funding-to-help-authorities-combat-tax-evasion

20:32 – IRS offers online tools for managing Child Tax Credit payments

https://www.accountingtoday.com/news/irs-offers-online-tools-for-managing-child-tax-credit-payments

23:08 – Pulling B2B Bartering From Underground And Into A Cash-Management Strategy

https://www.pymnts.com/news/b2b-payments/2021/barterpay-bartering-commerce-cash-flow/

25:21 – Introducing Relay Pro

https://relayfi.com/blog/Introducing-Relay-Pro

27:09 – Gusto Cashout – Another Easy Employee Benefit

https://bizhippo.com/blog/gusto-cashout-employee-benefit/

Cashout employee overview

https://support.gusto.com/benefits/gusto-wallet/cashout/1532856101/Cashout-employee-overview.htm

31:54 – Real estate accounting tech company Proper raises $9M in funding

https://www.accountingtoday.com/news/real-estate-accounting-tech-company-proper-raises-9m-in-funding

34:45 – Check out the Proper website here: https://proper.ai/

38:05 – Remote raises $150M on a $1B+ valuation to manage payroll and more for organizations’ global workforces – TechCrunch

https://techcrunch.com/2021/07/13/remote-raises-150m-on-a-1b-valuation-to-manage-payroll-and-more-for-organizations-global-workforces/

40:12 – Xero introduces AI-powered analytics tool

https://www.accountingtoday.com/news/xero-introduces-ai-powered-analytics-tool

43:07 – A new way to get paid: Introducing the QuickBooks Card Reader for mobile and contactless payments

https://quickbooks.intuit.com/blog/whats-new/a-new-way-to-get-paid-introducing-the-quickbooks-card-reader-for-mobile-and-contactless-payments/

45:08 – Apple Working on ‘Buy Now, Pay Later’ Plan

https://www.cfo.com/credit/2021/07/apple-working-on-buy-now-pay-later-plan/

48:16 – Revolut confirms a fresh $800M in funding at a $33B valuation to supercharge its financial services superapp

https://techcrunch.com/2021/07/15/revolut-confirms-a-fresh-800m-in-funding-at-a-33b-valuation-to-supercharge-its-financial-services-superapp/amp/

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
 

4:48 – Trump Organization Is Charged With Running 15-Year Employee Tax Scheme

https://www.pymnts.com/news/investment-tracker/2021/bolt-seeking-300m-in-next-fundraising-round/

13:35 – June Job Report? 

Employers added 850K jobs in June, including 2.8K in accounting

https://www.accountingtoday.com/news/employers-added-850k-jobs-in-june-including-2-8k-in-accounting

13:50– U.S. Job Openings Hit Record 9.2M in May

https://www.newsbreak.com/news/2303009196462/u-s-job-openings-hit-record-9-2m-in-may

16:37 – SBA to Drop Its Review of PPP Loans of $2 Million and Above

https://www.inc.com/diana-ransom/small-business-administration-ppp-loan-necessity-questionnaire.html

19:45 – Biden Plan’s Higher Taxation of Businesses Would Boost Collections to Highest in 40-Plus Years

https://taxfoundation.org/biden-business-tax-collections/

23:09 – Art of Accounting: Qualities that make someone a partner
https://www.accountingtoday.com/opinion/art-of-accounting-qualities-that-make-someone-a-partner

25:48 – When Money Is No Object

https://www.wsj.com/articles/when-money-is-no-object-11625839202

29:48 – SURVEY: CPA Firms Reject Staff Vaccine Mandates

https://cpatrendlines.com/2021/07/07/survey-hybrid-of-remote-and-on-site-work-is-here-to-stay/

31:30 – EisnerAmper adds tech firm

https://www.accountingtoday.com/news/eisneramper-adds-tech-firm-zentek-data-systems

33:35 – Sage X3 software vulnerability found, addressed

https://www.accountingtoday.com/news/sage-x3-software-vulnerability-found-addressed

35:29 – Paycom Launches Beti, an Industry-First Employee-Driven Payroll Solution
https://www.businesswire.com/news/home/20210706005447/en/Paycom-Launches-Beti-an-Industry-First-Employee-Driven-Payroll-Solution

38:59 – Welcoming Symmetry to Gusto

https://gusto.com/company-news/welcoming-symmetry-to-gusto

44:38 – New & Improved in FreshBooks: Recurring Revenue Widget, Reply-To Emails, and More

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

45:36 – Liberty Tax acquired by NextPoint

 https://www.accountingtoday.com/news/liberty-tax-acquired-by-nextpoint

47:45 – PSA: Chime Banking App Is Closing Accounts and Withholding Peoples’ Money
https://www.reviewgeek.com/91482/psa-chime-banking-app-is-closing-accounts-and-withholding-peoples-money/

A Banking App Has Been Suddenly Closing Accounts, Sometimes Not Returning Customers’ Money — ProPublica

https://www.propublica.org/article/chime

51:52 – Fired by Bot at Amazon: ‘It’s You Against the Machine’
https://www.bloomberg.com/news/features/2021-06-28/fired-by-bot-amazon-turns-to-machine-managers-and-workers-are-losing-out

53:40 – Quote: “All your automated processes should start with a human interaction and end with a human interaction” 

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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Accounting...

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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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Show Notes

2:49 – Blake and David talk high-tech dining

10:00 – A listener voicemail about the CPA get/not get issue! Thanks, Byron! 

16:54 – Proposed bill to regulate tax preparers has AICPA support - Journal of Accountancy
https://www.journalofaccountancy.com/news/2021/jun/proposed-bill-to-regulate-tax-preparers-has-aicpa-support.html

19:41 – Taxpayer Advocate prods IRS to improve service, reduce backlog

https://www.accountingtoday.com/news/taxpayer-advocate-prods-irs-to-improve-service-reduce-backlog

21:43 ­– Why call the IRS when you call us and tell us your CPA and IRS troubles? We guarantee you’ll have a better chance of us hearing you than if you called the IRS! (202) 695-1040

22:18 – Gusto is now offering pieces of its service to other companies via API – TechCrunch

https://techcrunch.com/2021/06/30/2171608/

22:55 – Gusto Embedded Payroll
https://gusto.com/embedded-payroll/

26:13 – Intuit to Share Payroll Data from 1.4M Small Businesses With Equifax
https://krebsonsecurity.com/2021/07/intuit-to-share-payroll-data-from-1-4m-small-businesses-with-equifax/

31:20 – Latest product news – July 2021

https://www.xero.com/blog/2021/07/latest-product-news-july-2021/

33:05 – ServiceTitan acquires Aspire to move into landscaping, raises $200M at a $9.5B valuation – TechCrunch
https://techcrunch.com/2021/06/30/servicetitan-acquires-aspire-to-move-into-landscaping-raises-200m-at-a-9-5b-valuation/

35:58 – Slice Launches Pizzeria Payment Platform
https://www.pymnts.com/restaurant-innovation/2021/fintech-goes-niche-with-slice-pizzeria-payment-platform/

36:48 – Slice Is Giving 50 Winners $500 & Free Pizza for a Year
https://www.thrillist.com/news/nation/slice-app-giving-free-pizza-for-a-year

37:35 – LegalZoom shares jump 35% in market debut; CEO sees further opportunity in online legal services
https://www.cnbc.com/2021/06/30/legalzoom-debuted-up-30percent-ceo-sells-further-push-into-digital-market.html

38:22 – Canopy scores $11M in funding for tax practice management software

https://www.accountingtoday.com/news/canopy-scores-11m-in-funding-for-tax-practice-management-software

42:07 – How Two Start-ups Made a Fortune in Fees on P.P.P. Loans - The New York Times
https://www.nytimes.com/2021/06/27/business/ppp-relief-loans-blueacorn-womply.html

45:07 – Robinhood to Pay $70M to Settle FINRA Probe

https://www.cfo.com/regulation/2021/06/robinhood-to-pay-70m-to-settle-finra-probe/

46:48 – Squarespace Survey Reveals Gen Z Find Digital Life More Important And Memorable Than In-Person Life

https://newsroom.squarespace.com/blog/squarespace-survey-reveals-genz

48:34 – Accountants more likely to return to offices than others: Study

https://www.accountingtoday.com/list/accountants-more-likely-to-return-to-offices-than-other-businesses-study

49:30 – Do Chance Meetings at the Office Boost Innovation? There’s No Evidence of It.

https://www.nytimes.com/2021/06/23/upshot/remote-work-innovation-office.html

51:03 – 56% of Employees Believe Too Many Meetings Affecting Job Performance
https://smallbiztrends.com/2021/07/meetings-affecting-job-performance.html

 
55:14 – Melio Selects Colorado to Power its Explosive U.S. Growth | Colorado Office of Economic Development and International Trade
https://oedit.colorado.gov/press-release/melio-selects-colorado-to-power-its-explosive-us-growth

55:32 – Many Companies Want Remote Workers—Except From Colorado

https://www.wsj.com/articles/many-companies-want-remote-workersexcept-from-colorado-11623937649

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

1:20 – David is LIVE (well, recorded) from the brand-new Accounting Podcast Network recording studio! Check out our Instagram for a pictorial view -@cloudacctpod 

2:20 – Welcome to all our new listeners from the BKX conference!  

5:45 – SuiteWorld will be back in Las Vegas - insightfulaccountant.com
https://www.intuitiveaccountant.com/accounting-tech/vendor-news/suiteworld-will-be-back-in-las-vegas/

6:15 – Find all the latest, greatest accounting conference news here: AccountingConferences.com

8:10 – How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank — ProPublica

https://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a-5-billion-dollar-tax-free-piggy-bank

10:25 – ProPublica Tells Only Half the Story on Taxes

https://www.wsj.com/articles/propublica-tells-only-half-the-story-on-taxes-11624464637

11:38 – Antivirus software pioneer John McAfee dies in prison

https://www.accountingtoday.com/articles/john-mcafee-antivirus-software-pioneer-found-dead-in-prison

26:00 - Bobby Bonilla Day

https://www.npr.org/2021/06/25/1010404697/bobby-bonilla-day

Bobby Bonilla Day: 10 other athletes who are getting big checks from deferred payments 

https://www.cbssports.com/mlb/news/bobby-bonilla-day-10-other-athletes-who-are-getting-big-checks-from-deferred-payments

28:47 – Listener Voicemails – Why I didn’t get a CPA. Thank you, Mr. Three Cents, and Carla (sp?) from Lewisville, TX! 

35:04 – The Accounting Profession Is Running Low on CPAs, But There’s an Obvious (and Completely Ignored) Fix For That

https://www.goingconcern.com/accounting-talent-shortage-and-cpa-exam-expectations/ 

41:13 – Visa Buys Swedish Fintech Tink for More Than $2 Billion

https://www.wsj.com/articles/visa-buys-swedish-fintech-tink-for-more-than-2-billion-11624528687

Visa Acquiring Swedish Open Banking Platform Tink

https://www.pymnts.com/news/partnerships-acquisitions/2021/visa-acquiring-swedish-open-banking-platform-tink-for-2-1b/

42:31 – What’s new in QuickBooks Online: June 2021

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

45:20 – H&R Block’s Wave unit plans new AR abilities

https://www.accountingtoday.com/news/h-r-blocks-wave-unit-plans-new-ar-abilities

47:58 – Announcing the first payroll products built on Check - Check

https://www.checkhq.com/post/announcing-the-first-payroll-products-built-on-check

50:14 – Tech news: FloQast releases request management tool for monthly close, and more

https://www.accountingtoday.com/list/floqast-releases-request-management-tool-for-monthly-close

51:40 – Venmo Is About to Get More Expensive for Millions to Use

https://money.com/venmo-fee-changes-email/

56:40 – This Bachelor Fan Figured Out Who Won Colton Underwood’s Season With Venmo

https://www.cosmopolitan.com/entertainment/celebs/a30350953/bachelor-venmo-winner-colton-underwood/

57:33 – PwC Restructures for Future of Bots, Post-Covid Advisory Boom

https://news.bloombergtax.com/financial-accounting/pwc-restructures-for-future-of-bots-post-covid-advisory-boom

58:29 – Deloitte tells its 20,000 UK employees they can work from home foreverhttps://www.independent.co.uk/life-style/deloitte-work-from-home-employees-b1868977.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

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Show Notes
 

1:56 – David talks specifics on Bookkeepers.com

5:54 – The IMA Is Beefing With the AICPA and NASBA Over the Future of Accounting Education

https://www.goingconcern.com/the-ima-is-beefing-with-the-aicpa-and-nasba-over-the-future-of-accounting-education/

6:22 – AICPA, NASBA launch CPA Evolution Model Curriculum - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/jun/aicpa-nasba-launch-cpa-evolution-model-curriculum.html

IMA pushes back on CPA Evolution

https://www.accountingtoday.com/news/ima-pushes-back-on-cpa-evolution

13:20 – Time commitment, relevance push people away from CPA Exam

https://www.accountingtoday.com/news/time-commitment-career-relevance-push-young-people-away-from-cpa-exam

13:40 – A CPA Pipeline Report: Decoding the Decline

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

17:58 – Let us know your take on the CPA – if you have it, if you don’t, if you’re thinking about it …Tell us why you love it, hate it, or feel nothing about it! Call us at 202.695.1040! 

18:40 – We’ve got voicemail! Thank you Chris, from Guam!  

21:54 – SPAC Deals Slow Dramatically After Move by SEC | Los Angeles Business Journal
https://labusinessjournal.com/news/2021/jun/21/spac-deals-slow-dramatically-sec-changes/

22:20 – SPAC IPO Market Slowly Resurfaces With Play-it-Safe Accounting
https://news.bloombergtax.com/financial-accounting/spac-ipo-market-slowly-resurfaces-with-play-it-safe-accounting

23:10 – The Lordstown Motors Mirage: Fake Orders, Undisclosed Production Hurdles, And A Prototype Inferno

https://hindenburgresearch.com/lordstown/

23: 51 – Top Lordstown Motors executives out as SPAC-backed startup teeters

https://www.freightwaves.com/news/top-lordstown-motors-executives-out-as-spac-backed-startup-teeters

26:35 [Expensify] WhatsApp + Splitwise = Expensify.cash (now open for early access)

https://community.expensify.com/discussion/8302/whatsapp-splitwise-expensify-cash-now-open-for-early-access

33:06 – The Expensify Discussion on Blake’s Twitter:
https://twitter.com/BlakeTOliver/status/1405745448380366848

37:15 – AmEx opens first business banking accounts 

https://www.finextra.com/newsarticle/38256/amex-opens-first-business-banking-accounts

39:10 – Novo, a neobank for SMBs, banks $41M

https://techcrunch.com/2021/06/16/novo-a-neobank-for-smbs-banks-41m/

40:20 – Unit Raises $51M To Expand Products, Integrations

https://www.pymnts.com/news/investment-tracker/2021/unit-raises-51-million-dollars-expand-finserv-products-integrations/

43:28 – Gusto makes first acquisition, buying Ardius to expand into R&D tax credits – TechCrunch

https://techcrunch.com/2021/06/17/gusto-makes-first-acquisition-buying-ardius-to-expand-into-rd-tax-credits/

46:00 – Sunsetting of the QuickBooks Commerce standalone product (formerly TradeGecko)

https://commerce.intuit.com/register

50:18 – Fastly: The Right Way to Apologize for an Outage | SaaStr

https://www.saastr.com/fastly-the-right-way-to-apologize-for-an-outage/

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

4:25 – Bill would make accounting part of STEM education

https://www.accountingtoday.com/news/lawmakers-introduce-bill-to-make-accounting-part-of-stem-education

5:47 – Accounting in schools down for the count

https://www.newsroom.co.nz/accounting-in-schools-on-the-chopping-block

10:24 – The best cities for accountants in 2021

https://www.accountingtoday.com/list/the-best-cities-for-accountants-in-2021

12:46 – The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax

https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax

18:11 – Let us know what you think about the secret IRS files, and whatever else we talk about! We’d love to hear from you! (202) 695-1040. 

18:30 – Speaking of your thoughts, we got a voicemail! Thank you, Harry Gottlieb! 

24:07 – Microsoft Excel Esports Tournament Is Real And Actually Happening

https://www.gamespot.com/articles/microsoft-excel-esports-tournament-is-real-and-actually-happening/1100-6492464/

28:15 – Osome raises $16M to automate repetitive accounting tasks 

https://venturebeat.com/2021/06/10/osome-raises-16m-to-automate-repetitive-accounting-tasks/

29:35 – Corporate services “superapp” Osome lands $16M Series A

https://techcrunch.com/2021/06/10/corporate-services-super-app-osome-lands-16m-series-a/

Super app for SMEs Osome raises $16 million 

https://www.finextra.com/pressarticle/88040/super-app-for-smes-osome-raises-16-million

31:00 – Pennylane raises $18.3 million for its accounting service – TechCrunch

https://techcrunch.com/2021/06/09/pennylane-raises-18-3-million-for-its-accounting-service/

https://www.pennylane.tech/

33:06 – Mark Cuban-Backed Personal Finance App Dave to Go Public in $4 Billion SPAC Deal

https://www.wsj.com/articles/mark-cuban-backed-personal-finance-app-dave-to-go-public-in-4-billion-spac-deal-11623085304

34:22 – Stripe Launches Global Tax Compliance Service 

https://www.pymnts.com/taxes/2021/stripe-launches-global-tax-compliance-service/

36:00 – SEC warnings on SPACs dampen deals, boost accounting services

https://www.accountingtoday.com/news/sec-warnings-on-spacs-dampen-deals-and-accounting-services

38:42 – SPAC transactions come to a halt amid SEC crackdown, cooling retail investor interest

https://www.cnbc.com/2021/04/21/spac-transactions-come-to-a-halt-amid-sec-crackdown-cooling-retail-investor-interest.html

40:22 – SPAC IPO Audits Dominated by Niche Firms as Big Four Stand Aside

https://news.bloombergtax.com/financial-accounting/spac-ipo-audits-dominated-by-niche-firms-as-big-four-stand-aside

42:30 – SPAC Pullback Pressures Creators to Find Quality Mergers

https://www.wsj.com/articles/spac-pullback-pressures-creators-to-find-quality-mergers-11622494564

SPAC Selloff Bruises Individual Investors

https://www.wsj.com/articles/spac-selloff-bruises-individual-investors-11621396808

44:12 – Amanda Aguillard named COO of Padgett 

https://www.accountingtoday.com/news/amanda-aguillard-named-coo-of-padgett

45:43 – Accountants in Industry Expect Economic Boom

https://cpatrendlines.com/2021/06/03/accountants-in-industry-brace-for-economic-boom/

45:56 – Technology Fills the Gap as Jobs Lag GDP

https://www.wsj.com/articles/technology-fills-the-gap-as-jobs-lag-gdp-11623250495

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...

Sponsors

Odoo: https://cloudaccountingpodcast.promo/odoo
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Meet Liz
LinkedIn: https://www.linkedin.com/in/masonliz/
Twitter: https://twitter.com/lizzynorma
Website: https://highrock.co/

Show Notes

1:12 – Meet our guest, Liz Mason, CEO and Founder of High Rock Accounting

2:46 – Is the Maricopa County election audit truly an audit? Here's what professional auditors have to say … 

https://www.azcentral.com/story/news/politics/elections/2021/06/01/professional-auditors-take-a-look-at-arizona-senate-audit-of-maricopa-county-2020-election/5212065001/

6:08 – Liz gives us the scoop on her excited, and busy world! 

8:17 – Gensler Ousts PCAOB Chair; Other Board Members to Follow

https://www.cfo.com/auditing/2021/06/gensler-ousts-pcaob-chair-other-board-members-to-follow/

Duhnke removed as PCAOB chair as transition to new board begins - Journal of Accountancy
https://www.journalofaccountancy.com/news/2021/jun/new-pcaob-transition-duhnke-removed-as-chair.html

10:00 – Intuit Answers Questions About ProAdvisor Pricing

https://report.woodard.com/articles/intuit-answers-questions-about-proadvisor-pricing-fpwr

10:05 – Upcoming changes: Accountant discounts and QuickBooks Online pricing - Firm of the Future
https://www.firmofthefuture.com/content/papp-faqs/

10:52 – QuickBooks Online Price Changes - insightfulaccountant.com
https://www.intuitiveaccountant.com/accounting-tech/general-ledger/quickbooks-online-price-changes/

19:35 – Bench Raises $60 Million USD Series C and Expands Beyond Accounting with Launch of Bench Banking
https://www.businesswire.com/news/home/20210603005032/en/Bench-Raises-60-Million-USD-Series-C-and-Expands-Beyond-Accounting-with-Launch-of-Bench-Banking

21:43 – Shopify adds to list of strategic deals with investment in Vancouver’s Bench Accounting
https://www.theglobeandmail.com/business/article-shopify-invests-in-vancouvers-bench-accounting/

29:26 – Clio Legal Software

https://www.clio.com/

30:18 – The Job Ahead: Small businesses and the global economic recovery

https://www.xero.com/content/dam/xero/images/xsbi/the-job-ahead-may-2021.pdf

33:05 – Nearly half of firms say COVID-19 spurred innovation, growth: Study

https://www.accountingtoday.com/news/nearly-half-of-firms-say-covid-19-spurred-innovation-growth-study

42:50 – Liz zeroes in on Rebel Rock, the cannabis-focused spinoff of High Rock

https://rebelrock.co/

46:30 – Sage 2021 Close the Books Survey reveals businesses can shorten close process times by 36 percent by switching from spreadsheets to cloud financial management
https://www.globenewswire.com/news-release/2021/06/02/2240469/0/en/Sage-2021-Close-the-Books-Survey-reveals-businesses-can-shorten-close-process-times-by-36-percent-by-switching-from-spreadsheets-to-cloud-financial-management.html

48:19 – Thanks to Joe in Los Angeles for calling in!  

Latest product news – June 2021

https://www.xero.com/blog/2021/06/latest-product-news-june-2021/

55:01 – David discusses the Greenback app integrations

https://www.greenback.com/

56:03 – We got a review!  Thank you, App Ninha! 

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