The Accounting Podcast

Sponsors

• BREX: https://cloudaccountingpodcast.promo/brex
• ClockShark: https://cloudaccountingpodcast.promo/clockshark
• BQE Core: http://cloudaccountingpodcast.promo/core

Show Notes

• 03:05 - Navigating the SBA Paycheck Protection Program https://www.cloudaccountingpodcast.com/168
• 04:20 - SBA Paycheck Protection Program https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp
  • SBA issues details for Paycheck Protection Program loans https://www.journalofaccountancy.com/news/2020/apr/paycheck-protection-program-ppp-loans-sba-details-coronavirus.html - Journal of Accountancy
• 06:28 - Fun facts about PPP loan stats from Jovita Carranza, 26th Administrator of the SBA https://twitter.com/SBAJovita 
• 11:01 - Some coronavirus stimulus checks may not arrive until September https://www.accountingtoday.com/articles/some-coronavirus-stimulus-checks-may-not-arrive-until-september Accounting Today
• 17:22 - Customers Fume as Wells Fargo, Bank of America Struggle with Stimulus Loan Rollout https://www.newsweek.com/customers-fume-wells-fargo-bank-america-struggle-stimulus-loan-rollout-1496097 Newsweek
• 17:57 - Marco Rubio scolds Bank of America, via tweet https://twitter.com/marcorubio/status/1246114718990979075 
• 21:25 - SoftBank-Backed Lender Kabbage Cuts Off Businesses as Cash Needs Mount https://www.bloomberg.com/news/articles/2020-04-01/softbank-backed-lender-cuts-off-businesses-as-cash-needs-mount - Bloomberg Technology
• 23:44 - WeWork Asks Landlords to Help It Cut Its Rent Bill by Up to 30% https://www.bloomberg.com/news/articles/2020-04-01/wework-asks-landlords-to-help-it-cut-its-rent-bill-by-up-to-30 - Bloomberg Technology 
• 25:30 - Companies Form #paytoday Coalition Encouraging Enterprises and Government Agencies to Pay Their Small Business Suppliers Today https://www.globenewswire.com/news-release/2020/03/31/2009086/0/en/Companies-Form-paytoday-Coalition-Encouraging-Enterprises-And-Government-Agencies-To-Pay-Their-Small-Business-Suppliers-Today.html - GlobeNewswire
  • #PayToday https://paytoday.club
• 26:07 - Small Business Relief Initiative: QuickBooks and GoFundMe combine forces https://quickbooks.intuit.com/small-business/coronavirus/
• 26:25 Intuit announced updated resources for U.S. firms and their clients https://intuit.me/2JLAJai - Intuit
• 27:30 Going Concern's Layoff Watch '20 https://goingconcern.com/?s=Layoff+Watch+%E2%80%9920
• 28:21 BDO USA Is Cutting Everyone's Pay to Stave Off Layoffs https://goingconcern.com/bdo-cutting-pay-to-stave-off-layoffs/ - Going Concern
• 29:25 Goldman Says Recovery May Be Fastest In History https://www.pymnts.com/coronavirus/2020/goldman-says-recovery-could-be-the-fastest-in-history/ - PYMNTS
• 30:07 - Lime eyes layoffs as COVID-19 squeezes revenue https://www.bizjournals.com/sanfrancisco/news/2020/03/23/lime-eyes-layoffs-in-s-f-as-revenues-get-squeezed.html San Francisco Business Times
• 31:34 - David almost got phished! 
• 33:39 IRS issues warning about coronavirus-related scams https://proconnect.intuit.com/taxprocenter/tax-law-and-news/irs-issues-warning-about-coronavirus-related-scams/ - Tax Pro Center - Intuit 
• 33:49 Hospitals VPNs Targeted by Ransomware as COVID19 Takes its Toll https://www.infosecurity-magazine.com:443/news/hospitals-vpns-ransomware-covid19/ - Infosecurity Magazine 
• 34:41 - Idaho, Mississippi, and Virginia are the Holdouts on July 15 Tax Deadlines https://taxfoundation.org/idaho-mississippi-virginia-tax-deadline/ - Tax Foundation
• 36:58 - AICPA Calls on Accounting Profession to Support Rollout of Small Business Relief Program https://finance.yahoo.com/news/aicpa-calls-accounting-profession-support-164500760.html - Yahoo! Finance
• 40:40 - Feed our egos, and help feed people in need at the same time!  https://www.podchaser.com/podcasts/cloud-accounting-podcast-588480

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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Right now, when you visit us on Podchaser, and interact, Podchaser is donating 25 cents per review - and 25 cents every time we respond to a review - to the Meals on Wheels America COVID-19 Response Fund. Pay us a visit on

Sponsors

• Melio Payments: https://cloudaccountingpodcast.promo/melio
• Jirav: https://cloudaccountingpodcast.promo/jirav

Show Notes

• https://www.sba.gov/funding-programs/loans/covid-19-relief-options
• https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp 

Connect with Michael and Sabrina

• Michael Ly, Founder/CEO of Reconciled
  • Website: https://getreconciled.co/
  • LinkedIn: https://www.linkedin.com/in/michaelly/
  • Twitter: https://twitter.com/michael_ly_
  • Facebook: https://www.facebook.com/burlingtoncfo
• Sabrina Parsons, CEO of Palo Alto Software and Board Member of Oregon Pacific Bank
  • Website: https://www.opbc.com/
  • LinkedIn: https://www.linkedin.com/in/sabrinaparsons
  • Twitter: @mommyceo

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

Meet Blake and David in person! 
No current appearances planned.

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
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• Overcast: http://cloudacctpod.link/Overcast

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Transcript

Michael Ly: [00:00:03] One of the things I'm telling clients is this is not a growth loan; this is not a VC, or private equity fund investment; this is not angel funding. The intention of this loan- the intention of these loans is to keep people on payroll.
____________

This episode of The Cloud Accounting Podcast is sponsored by Melio Payments. Do you have clients that are logging into their bank website to manually pay their bills or, even worse, clients that are still handwriting paper checks because the alternatives are either too complicated, or too expensive? You need to introduce them to Melio Payments. Melio Payments is easy-to-use B2B payments and receivables. Think Venmo, PayPal, or Zelle but for small businesses.

Melio is an app that all small businesses are capable of using, regardless of size, shape, or budget. By using Melio, your clients can pay their bills easier than using their bank website, and you get the process and controls you need, like support for multiple users, approvals, and two-way syncing with QuickBooks Online. Melio can also help your clients improve their cash flow by allowing them to pay their bills using their business credit cards to take advantage of up to a 45-day float until their next credit card billing cycle. Now, paying the rent can lead to earning those credit card points your clients love.

To learn more about Melio Payments, and to get your very own Melio.me link that you can use to receive payments from your business clients, head over to cloudaccountingpodcast.promo/melio. That is Cloud Accounting Podcast dot promo forward slash M-E-L-I-O.
____________

Blake Oliver: [00:01:29] Welcome to The Cloud Accounting Podcast. I'm Blake Oliver.

David Leary: [00:01:32] And I'm David Leary.

Michael Ly: [00:01:34] And I'm Michael Ly.

Sabrina Parsons: [00:01:35] And I'm Sabrina Parsons.

David Leary: [00:01:37] Blake, I've got special guests for us tonight.

Blake Oliver: [00:01:40] I am so excited, David! Thank you so much for setting this up.

David Leary: [00:01:43] There's lots of questions on what the programs rolling out from the SBA are. Even me, as a small business owner, I don't know what the answers are. I'm trying to navigate them myself. So, I brought on an accountant/bookkeeper, Michael Ly, who is advising hundreds of his clients, probably, on how to navigate this process; and then Sabrina Parsons, who's been on the podcast before. She actually is on the board of directors at a bank, and Sabrina has inside tracks with the SBA, and the SBDC, so she can kind of give us, like what's happening behind the scenes during this process, as well. With that said, Michael, and Sabrina, if you guys wanted to jump in and maybe say hi?

Michael Ly: [00:02:19] Yes, hi. Thanks, David and Blake, for having us; for having me and for having both of us. David, yeah, your situation is very similar to many millions of other small business owners across the country.

Sabrina Parsons: [00:02:31] Yeah, thank you. I'm really happy to be back with you guys, Blake and David. The last time we were together, we were actually at a conference, which seems so far away and so foreign now, since we're not allowed to ever do that in person for I don't know how long. So, I'm glad to be talking to you guys in some way or another, and I'm really glad to be doing this content today because the number of small businesses in the United States, right now, that are struggling is staggering. But there are some programs that can help them, and these programs are very difficult to wade through and figure out what...

Sponsors

• BREX: https://cloudaccountingpodcast.promo/brex
• Minute7: https://cloudaccountingpodcast.promo/minute7
• OnPay: http://cloudaccountingpodcast.promo/onpay

Show Notes

• 04:11 - Forecasting the Economic Impact of COVID-19
• 06:55 - Kinsa Wi-Fi Thermometers
• On-Demand Webinar: Forecasting the Economic Impact of COVID-19 - Jirav
• 08:26 - Experts Say The Coronavirus Outlook Has Worsened, But The Trajectory Is Still Unclear - FiveThirtyEight
• 11:16 - Billionaires Want People Back to Work. Employees Aren’t So Sure - Bloomberg
• 13:11 - Intuit, CPAs Want SMB Relief Via Payroll Processors - PYMNTS.com 
• 16:32 - Coronavirus stimulus checks will come within three weeks, Mnuchin says - CNBC
• 17:01 - Virus payments from IRS may take months, not weeks, to hit bank accounts - Accounting Today
• 17:52 - IRS closes Practitioner Priority Service and e-Services Help Desk due to coronavirus - Accounting Today
• 20:56 - COVID-19 Resources for Accountants
  • Coronavirus (COVID-19) Resource Center - AICPA
  • COVID-19 Small Business Resource Hub - Gusto
• 26:07 - IRS releases guidance on tax deadline postponement for coronavirus - Accounting Today
• 26:45 - AICPA asks IRS for wider tax relief amid coronavirus - Accounting Today
• 28:04 - Boston area CPA still making house calls - Twitter
• 29:07 - PCAOB grants auditors 45-day relief period from inspections - Compliance Week
• 29:28 - Wells Fargo Cancels Ex-CEO's $15M Stock Award - CFO
• 31:16 - How Accountants and Bookkeepers can help their Small Business Clients Navigate through COVID-19 - LinkedIn 
• 32:57 - Ignore these horrific-sounding economic numbers - Yahoo! Finance
• 36:01 - COVID-19 CFO Pulse Survey: PwC
• 41:12 - Revolut launches its neobank in the US - TechCrunch
• 44:59 - Square will open its first bank — in Utah 
• 45:47 - Coronavirus Stimulus Offered By House Financial Services Committee Creates New Digital Dollar - Forbes
• 46:12 - How a Flurry of 'Digital Dollar' Proposals Made It to Congress - CoinDesk
• 48:41 - Robinhood Apologizes To Users For Outages - PYMNTS.com
• 49:42 - Microsoft claims ‘inflection point’ for remote work as Teams surges to 44 million daily active users - Computerworld 
• 52:10 - The Best Hair Clippers for Home Use for 2020 - The Wirecutter

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

Meet Blake and David in person!  

• No current appearances planned.

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

Classifieds

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Transcript

Right now, Brex is offering approved accounting partners the ability to offer their clients a $1,00...

Sponsors

• Bill.com: https://cloudaccountingpodcast.promo/bill
• ClockShark: https://cloudaccountingpodcast.promo/clockshark
• OnPay: http://cloudaccountingpodcast.promo/onpay

Show Notes

• 24:54 - Senator Dumped Up to $1.7 Million of Stock After Reassuring Public About Coronavirus Preparedness
• 26:38 - Some webinars re: Food Service and Accounting During This Crisis
  •  Five Crisis Numbers for Food & Bev - YouTube
  • Now What? Business Ops Guide for Restaurants 03 18 2020 - YouTube
• 29:24 - Planning for the Coronavirus Recession - CPA Trendlines
• 32:34 - FYI, CPA Exam Candidates, COVID-19 Just Killed Prometric - Going Concern
• 34:35 - Tracker: These Public Accounting Firms Are In Mandatory Work-From-Home Mode - Going Concern
• 39:36 - How to (and not to) write an email about COVID-19 to your clients - The Profitable Firm
• 43:23 - Find Kelly's Forbes contributions here - Forbes.com

Connect with Kelly Phillips Erb

• Twitter: @taxgirl
• LinkedIn: Kelly (Taxgirl) Phillips Erb
• Website: Taxgirl.com

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! 

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

Classifieds

• High Rock Accounting: [email protected] 
• Bookkeeping Side Hustle: www.BookkeepingSideHustle.com/bookkeeping-guidebook

Go here to create your classified ad:
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Transcript

Did you know that you could use AP automation as an entry point to offering client accounting services? A successful transformation from clunky manual processes to automated processes can lead to your clients wanting even more of the services your firm can provide. Stay tuned to hear more from our sponsor, Bill.com, later in the episode.

Kelly Phillips Erb: [00:00:21] What the bill does is it expands the eligibility for small businesses, meaning those that are under 500 employees to receive loans under the Small Business Act. These loans are specifically targeted for folks who are affected by the virus, and they can be used for payroll ... 

____________________

This episode of The Cloud Accounting Podcast is sponsored by ClockShark. Way back in October of 2013, I became ClockShark's very first Twitter follower. Today, ClockShark has grown into a highly rated and very-much-loved time-tracking app that is now used by over 5,000 small businesses. With features like crew tracking, scheduling, overtime notifications, routes, geofencing locations, job costing, budgeting, and reporting, the ClockShark team has built a robust mobile time-tracking app to handle the unique that face your clients who have mobile workforces. 

By using ClockShark, you and your clients will be confident that their time-tracking data is correct and perfectly synced with their QuickBooks, or ADP, allowing payroll to be on time, and accurate. While other time-tracking apps are charging as much as $8 or more per month, per employee, ClockShark offers ClockShark Standard Plan for just $6 a month, per employee. Head over to cloudaccountingpodcast.promo/clockshark. That is Cloud Accounting Podcast dot promo forward slash C-L-O-C-K-S-H-A-R-K.

____________________

This episode of The Cloud Accounting Podcast is sponsored by OnPay. Many times when choosing a payroll service, you have to choose between a new startup with a great app, or an established company whose tech may feel behind the times. With OnPay, you get the best of both worlds - a great app from the established company that has been providing payroll services for over 30 years in all 50 states. 

OnPay is an easy-to-use full-service payroll that's the right fit for all your clients, whether they have just one or 500 employees. They handle all the complicated stuff, like agricultural payrolls, Form 943, multi-state, and H-2A visas. OnPay even makes it easy to switch from other payroll services by doing all the data entry for each client that you set up. Right now, Cloud Accounting Podcast listeners can get three free months of OnPay payroll service. To learn more, head over to cloudaccountingpodcast.promo/onpay. That is Cloud Accounting Podcast dot promo forward slash O-N-P-A-Y.
____________________

Blake Oliver: [00:02:20] Welcome to The Cloud Accounting Podcast. I'm Blake Oliver.

David Leary: [00:02:23] And I'm David Leary.

Kelly Phillips Erb: [00:02:24] An...

Sponsors

• SmartBooks Genie: https://cloudaccountingpodcast.promo/genie
• ClockShark: https://cloudaccountingpodcast.promo/clockshark
• OnPay: http://cloudaccountingpodcast.promo/onpay

Show Notes

• 02:49 - Practice Ignition's Top 50 Women in Accounting 2019 - Practice Ignition 
• 03:42 - IRS Facing Union Pressure to Take More Coronavirus Precautions -  Bloomberg
• 05:32 - Last week's discussion re: AICPA tax-deadline extension
• 07:42 - Coronavirus Is a Preview of Our Self-Isolating Future - Medium
• 09:51 - Carl Icahn’s biggest short? Commercial real estate - The Real Deal
• 10:56 - The Coronavirus Is Creating a Huge, Stressful Experiment in Working From Home - The Atlantic
• 13:30 - Tech Tools for Working through the Coronavirus - CPA Trendlines
• 20:17 - TurboTax phishing scam with Excel attachment makes the rounds - Accounting Today
• 21:13 - The Monster Lurking in Hidden Excel Worksheet - Trustwave
• 21:34 - Microsoft Human-operated ransomware attacks: A preventable disaster - Microsoft
• 23:37 - Billionaires like Jeff Bezos use the same phone you do — and that makes them very, very hackable - Business Insider
• 25:46 - For GE, Dropping KPMG Won’t Be Easy - Wall Street Journal
• 31:48 - Amid shifting industry, college accounting programs add technology, data analytics courses - Hartford Business
• 32:40 How Much Does a CPA Make? - Divvy
• 34:05 - Three common challenges (and three solutions!) for women in the profession - AICPA Insights
• 36:38 - Wells Fargo Chairman Elizabeth Duke Resigns - Wall Street Journal
• 39:53 - Amazon Opens Cashierless Supermarket in Latest Push to Sell Food - Wall Street Journal
  • Amazon is opening its first full-size, cashierless grocery store. Here's a first look inside - CNBC
• 43:18 - Delaware Lawmakers Eye Ban on Cashless Stores - U.S. News

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!  

Meet Blake and David in person!  

• May 31 - June 3, 2020: BQE Succeed - Encore at Wynn Las Vegas

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

Classifieds

• High Rock Accounting: [email protected] 
• Bookkeeping Side Hustle: www.BookkeepingSideHustle.com/bookkeeping-guidebook

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  

Sponsors

• Melio Payments: https://cloudaccountingpodcast.promo/melio
• Jirav: https://cloudaccountingpodcast.promo/jirav

Show Notes

• 03:15 - Oracle NetSuite postpones Las Vegas conference amid virus concerns - Review Journal
• 06:41 - A simple model for forecasting the impact of coronavirus and controls - Jirav 
• 07:18 - Coronavirus: The Case for Canceling Everything - The Atlantic 
• 09:08 - Companies encouraging remote work and travel bans due to coronavirus - Business Insider
• 11:51 - AICPA Calls for Tax Filing Relief Amid Coronavirus Pandemic 
• 16:24 - TikTok: TikTok-maker is launching Google-like work tools during coronavirus outbreak - The Economic Times
• 17:52 - Coronavirus prompts Microsoft, Google, and Zoom to offer free software - Vox
• 18:53 - CPA business executives worried about coronavirus - Accounting Today
• 19:16 - Conditional coronavirus relief provided by SEC - Journal of Accountancy
• 20:10 - Trump tells GOP he wants payroll tax waived through election - Accounting Today
• 20:46 - Trump calls for deferral of tax payments from coronavirus victims - Accounting Today
• 24:35 - Coronavirus: Italy to suspend mortgage payments amid outbreak - BBC 
• 26:34 - Bitcoin is also having a very, very bad day - TechCrunch
• 27:41 - Calming clients' fears during the coronavirus outbreak - Journal of Accountancy
• 28:50 - Coronavirus: The Black Swan of 2020 - Sequoia Capital Publication - Medium
• 33:58 - David Leary on Twitter “I'm guessing they could probably map out who is going to show signs of being infected next…” - Twitter
• 34:17 - Coronavirus outbreak: How Facebook, Twitter, YouTube, and TikTok are dealing with hoaxes - Vox

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!  

Meet Blake and David in person!  

• May 31 - June 3, 2020: BQE Succeed - Encore at Wynn Las Vegas

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

Classifieds

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Sponsors

• BooksTime: https://cloudaccountingpodcast.promo/bookstime
• ClockShark: https://cloudaccountingpodcast.promo/clockshark
• BQE Succeed: https://cloudaccountingpodcast.promo/bqesucceed

Show Notes

• 03:16 - What companies are disclosing about coronavirus risks - Journal of Accountancy
• 05:38 - Wells Fargo Fined $3B Over Fake-Accounts Scandal - CFO
• 06:43 - House Report Says Wells Fargo Continues to 'Abuse' Customers - CFO
• 08:07 - 'Shark Tank' judge Barbara Corcoran gets her $400,000 back from scammers - CNN
• 09:22 - LendingClub buys Radius Bank for $185 million in first fintech takeover of a regulated US bank - CNBC
• 10:56 - Robinhood Outage Extends Into Second Day - CFO
• 13:58 - Are Banks Afraid of Payment and Money Transfer Apps? - CPA Practice Advisor
• 15:01 - NetSuite 2020 Release 1 Delivers Automation, Integration and Insight Enhancements that Will Enable Businesses to Grow - NetSuite Blog
• 17:56 - Sage Exits Latin America With £1M Deal - PYMNTS.com 
• 20:02 - $75M legal startup Atrium shuts down, lays off 100 – TechCrunch 
• 24:56 - Deloitte introduces VR platform for relocating staff | Accounting Today 
• 26:19 - QuickBooks Connect London is cancelled
• 28:26 - Mnuchin directs IRS to boost audits on wealthy - Politico
• 30:40 - Opinion | No Need for a PCAOB If Auditing Conflicts Are Eliminated - WSJ
• 33:36 - Suspected Casino Ransomware Attack: Officials Investigating - CBR Online
• 34:47 - Why women leave firms — and what we can do about it - Journal of Accountancy
• 37:46 - My Sexual Harassment Experience at PwC - Reddit
• 40:03 - Remote work options can boost gender diversity: AICPA survey - Accounting Today
• 41:30 - We received our first ever Cloud Accounting Podcast voicemail! 
• 42:42 - Feedback on last week's question - What should Intuit have bought with that $7 billion?
• 43:43 - I'm joining the Melio faMelio - David Leary on LinkedIn

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!  

Meet Blake and David in person!  

• May 31 - June 3, 2020: BQE Succeed - Encore at Wynn Las Vegas

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

Classifieds

• High Rock Accounting: [email protected] 
• Elefant: https://elefanttraining.com
• Bookkeeping Side Hustle: www.BookkeepingSideHustle.com/bookkeeping-guidebook

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  

Sponsors

• ClockShark: https://cloudaccountingpodcast.promo/clockshark
• Splashtop: https://cloudaccountingpodcast.promo/splashtop
• BQE Succeed: https://cloudaccountingpodcast.promo/bqesucceed

Show Notes

• 02:57 Shark Tank host Barbara Corcoran loses $400,000 in a scam - CNN
• 04:55 Email Scammers are Savvier, and More Successful than Ever - WSJ
• 07:51 Los Angeles is now the least affordable housing market - Housing Wire
• 10:59 SEC and PCAOB offer potential relief for audit firms in China amid coronavirus - Accounting Today
• 11:49 Under Armour is Investigated for Accounting Fraud - Yahoo! Finance
• 12:58 Intuit confirms that it is buying Credit Karma for $7.1B in cash and stock – TechCrunch
• 13:23 TurboTax's Bid to Buy Free Tax Prep Competitor Might Violate Antitrust Law, Experts Say - ProPublica
• 15:01 With Credit Karma, Intuit to boost personalization - Bank Innovation
• 16:02 How to Cancel Your Credit Karma Account If You Hate the Intuit Acquisition - Wirecutter
• 22:54 Intuit Corp (INTU) Q2 2020 Earnings Call Transcript - The Motley Fool
• 26:12 Intuit ProConnect and Karbon Ink Practice Management Partnership - AccountingWEB
• 28:05 Fintech firm Revolut bags $500 million in funding round led by TCV - CNBC
• 29:35 Best Online Business Banking for 2020 - Quicksprout
• 31:43 What's new in QuickBooks Online: February 2020 - QuickBooks
• 33:04 Misty Megia steps down as global head of QuickBooks ProAdvisor Program - Accounting Today 
• 34:05 Pilot.com Launches Three New Products That Reach Beyond Bookkeeping - oaoa.com
• 38:31 Drake Software Status - Drake
• 41:17 IRS quietly deletes guideline that Fortnite virtual currency must be reported on tax returns - CNN
  • IRS backtracks on whether video game currencies are taxable - The Verge
• 45:29 AI Comes to the Tax Code - WSJ
• 47:55 Accounting profession leaders call for action against climate change - Journal of Accountancy

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! 

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• May 31 - June 3, 2020: BQE Succeed - Encore at Wynn Las Vegas

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Show Notes

• 05:20 – Intuit Near Deal to Buy Credit Karma for $7 Billion - WSJ
• 08:39 – If you aren't paying for a product, you ARE the product
• 10:44 – More discussion on the IRS Free File flubs
• 11:19 – Tax-prep analyst sees more free filers hampering revenue growth -  Accounting Today
• 15:26 – Nevada Democrats Say They’ll Replace Their Caucus App With iPads And A Google Form - FiveThirtyEight
• 18:15 – Bloomberg botches tax return question in Democratic debate: ‘I can’t go to TurboTax’ - CNBC
• 20:11 – Just in case you forgot: All People are Tax People – Washington Post
• 21:32 – Accounting rule Warren Buffett loathes boosts Berkshire's bottom line to $81B – Fox Business
• 26:17 – Hacking of Accounting Firm Affects Medical Group – Career Info Security
• 29:07 – Want to Be a CFO? Consider Some Numeric Body Art – CFO.com
• 32:14 – Tweet us your (accounting-related?) tatts
• 33:16 – Go here for more PCAOB discussion!
• 33:52 – Weakening the oversight of US auditing is a very bad idea – Financial Times
  • Without an Independent Watchdog, Who Will Audit the Auditors? - WSJ
• 35:30 – How Accountants Took Washington’s Revolving Door to a Criminal Extreme – POGO
• 38:01 – Let's See What Some Folks Are Saying About the Proposal to Fold the PCAOB Into the SEC - Going Concern
• 39:39 – U.S. House Subcommittee Scrutinizes Accounting Rule Maker - WSJ
• 46:11 – Rippling starts billboard battle with Gusto – TechCrunch
• 50:45 – Client Hub Now Automates Resolving Unclassified Expenses – AccountingWEB
• 53:48 – QuickBooks Online: Evolution and innovation Updates
• 56:42 – Another satisfied listener! 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!  

Meet Blake and David in person!  

• May 31 - June 3, 2020: BQE Succeed - Encore at Wynn Las Vegas

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Show Notes

• 03:03 – Love by numbers? Here are seven reasons to date a finance professional |  AICPA Insights
• 04:34 – Is $11K in Amazon gift cards worth a prison term? One Michael Mann associate is about to find out | Times Union 
• 06:27 – Check out last week's episode for more MyPayrollHR discussion 
• 07:20 – The U.S. Inspector General blames the IRS for Free File faux pas | Accounting Today
• 09:25 – Rhode Island cares how you feel when you file your 1040s | Reddit
• 10:28 – Faster than a speeding bitcoin, ransomware shows no signs of stopping | NYT
• 12:31 – Not surprisingly, cyber incidents take first place in the list of business risks | CFO
• 13:07 – Are slush funds the answer to ransomware attacks, or just a quick fix? | NYT
• 14:04 – Gone phishing ... Puerto Rico just can't catch a break | AP News scam  
• 14:55 – Has the Trump Administration done something semi-intelligent? | Bloomberg Tax
• 15:45 – Stats be damning – What exactly has the PCAOB been doing for the past 16 years? | Accounting Today
• 19:44 – Humans – the missing link in tech solutions? | ScaleFactor
• 26:57 – Come on in, the remote work is fine! Full Read: The 2020 State of Remote Work | Buffer
• 35:41 – Has San Fran lost its tech luster? | CNBC 
• 36:37 – A little talk about how Slack is lacking 
• 40:13 – Another case for remote work – the struggle to find workers is real | Wall Street Journal
• 41:48 – Remote Work – If you're not commuting, you're not polluting | Forbes 
• 43:00 – Another "new" accounting app for small business - Kashoo | PRWeb
• 44:01 – Square waits for no one – they just do stuff | Square
• 44:20 – New at Xero: Mileage in Xero Expenses is now in open beta and the February Global Release Update | Xero Blog
• 45:33 – Freelancers need love (and bookkeeping) too – Joust to the rescue! | Small Business Trends
• 48:10 – Feeling the love and the free ad spots – we've got REVIEWS! 
• 50:06 – FreshBooks sets sail for the UK | GlobalNewswire
• 50:34 – Xero's not the only fish in the sea, according to one accounting-software minnow | AFR  
• 52:27 – Receipt Bank axes its credit card in the wake of new plans? | AccountingWEB 

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!  

Meet Blake and David in person! 

• May 31 - June 3, 2020: BQE Succeed - Encore at Wynn Las Vegas

Limited edition shirts, stickers, and other necessities

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

Subscribe

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

Classifieds

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