The Accounting Podcast

The Accounting Podcast

By Blake Oliver & David LearyNewsNews CommentaryBusiness News
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The Accounting Podcast episodes

  • How Excel Helped Win (Steal?) the World Series

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    • BREX: https://cloudaccountingpodcast.promo/brex
    • Edgewood Business Solutions: https://cloudaccountingpodcast.promo/edgewood
    • BQE Succeed: https://cloudaccountingpodcast.promo/bqesucceed


    Show Notes

    • 03:03 – Oh, my! What big FAANGs you have!  These five tech players have a combined $4.1 trillion market cap | Investopedia 
    • 05:22 –  Setting the accounting world on fire – well, at least part of it | Sawyer County Record
    • 06:09 – Cash is still king in NYC | NYT
    • 08:06 – How the Astros brought their C (for cheat) game | WSJ 
    • 13:49 – Sage Marketplace offers over 100 ways to customize Sage Biz Cloud | Sage
    • 14:14 – Gusto Cashout service is now free for employees | Gusto
    • 16:05 – Acumatica beefs up its payroll features and integrations | Accounting Today
    • 18:04 – KPMG buys stake in LumaTax | Accounting Today
    • 19:00 – Visor takes a new approach with Get Grid | Get Grid
    • 22:47 – Etsy – "Mistakes certainly do happen ..." continues plaguing sellers with an array of accounting headaches |  eCommerce Bytes
    • 23:37 – Facebook and the IRS square off over a measly $9 billion | WSJ
    • 28:31 – Pioneer Bank faces the music for its actions, or lack thereof re: MyPayrollHR | The Daily Gazette
    • 30:42 – AICPA see deregulation as a huge threat to CPA licensure | Accounting Today
    • 38:06 – Help Wanted – Intuit is looking for QBLive bookkeepers, and they're not afraid to advertise inside of QBOA | Facebook
    • 41:28 – BOA could hit Intuit where it hurts | PYMNTS.com
    • 42:30 – WePay – Scaling the Books? | WePay 
    • 43:30 – United Airlines takes a train-them-yourself approach to hiring | CNBC buys 
    • 43:45 – Try, try, try again - KPMG relaunches Spark | KPMG Spark
    • 47:58 – Overruled - UpCounsel shuts down | LawSites
    • 49:05 – Comings and Goings: Damien Greathead moves to Practice Ignition, and Jody Padar joins Botkeeper | Insightful Accountant/Accounting Today
    • 49:43 – Jumping ship or business as usual? Intuit's Alex Chriss dumps a huge chunk of his Intuit holdings | Yahoo! Finance
      • Chriss's Intuit trading history over the past year might provide some perspective | Wallmine


    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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    55 min
  • Tax Software Ranked & Summit Hosting Ransomwared

    Sponsors

    • G-Accon: http://cloudaccountingpodcast.promo/gaccon
    • OnPay: http://cloudaccountingpodcast.promo/onpay
    • BQE Core: http://cloudaccountingpodcast.promo/core

    Show Notes

    • 00:50 – More Super Bowl earworms here | Ad Age
    • 01:34 – Last week's discussion on tax-prep confidence levels
    • 03:54 – Fake news or worthwhile information? You decide! | Business Insider
    • 06:38 – More helpful journalism from Biz Insider's Eric Rosenberg | Business Insider
    • 10:09 – Which tax software is the best for firms? | CPA Trendlines
    • 11:53 – Intuit ProConnect expands their tax professional ecosystem | Silicon Valley Daily
    • 12:35 – No news is no news when it comes to the Summit Hosting outage, but we're covering it!
    • 20:06 – As per usual, Reddit users have something to say about Summit | Reddit
    • 22:48 – The real cost of ransomware attacks? | Coveware
    • 26:14 – OOPS! That's our bad! – Microsoft makes a huge data boo-boo | Threatpost
    • 28:39 – Just what we need – another report. That'll fix what ails our government! | Accounting Today
    • 30:43 – It's only money ... $22 TRILLION worth ... | Politico
    • 34:03 – When you see complex accounting shenanigans, be like Mr. Buffett and run the other way | Yahoo! Finance
    • 35:06 – You might not like green eggs and ham, but Sam.I.Am likes The Cloud Accounting Podcast!  Thanks for a great review, Sam.I.Am! 
    • 37:11 – There's more to CFO-ing than numbers | WSJ
    • 41:03 – Blake sees goodwill in a new light, thanks to David
    • 46:07 – The Gene Marks tome - Outfoxing The Small Business Owner: Crafty Techniques For Creating A Profitable Relationship
    • 47:00 – Teller sets its sights on Plaid with a $4M raise | TechCrunch
    • 49:34 – Former CAP guest, Jason Deshayes, shares his delightful bank-feed experience 

    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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    54 min
  • We've Got No Goodwill for Goodwill & the Pentagon Sucks at Accounting

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    • Bill.com: https://cloudaccountingpodcast.promo/bill
    • Timesheets.com: https://cloudaccountingpodcast.promo/timesheets
    • OnPay: http://cloudaccountingpodcast.promo/onpay


    Show Notes

    • 02:20 – Blake gets his nerd on in the hunt for the true meaning of goodwill
    • 04:40 – Google hopes you won't pay attention to its new search results format | The Verge
    • 06:47 – Reviews and feedback!  Thank you! 
    • 07:31 – Our in-depth discussion of the four-day workweek is here
    • 07:41 – How to stop serial meeting holders in their tracks – charge them for every meeting they schedule! | Bloomberg
    • 09:42 – Donny takes us to task on our discussion of RPAs in the Predictions episode 
    • 10:34 – More on the Gartner definition of RPA | Gartner.com
    • 13:24 – Divided we accountants fall over the definition of goodwill | WSJ
    • 14:38 – Some more insight on goodwill from Calcbench | Calcbench
    • 25:13 – Why train your staff online when you can build a $450M campus like KPMG? | Bloomberg Tax
    • 26:55 – More new accounting standards equals ever-rising audit fees | Accounting Today
    • 28:17 – What you need to know about tax-zapper software! | AccountingWEB
      • More info on the zappers here | Wikipedia
    • 29:17 – Grounded for life – Former WF CEO gets the boot from banking | CFO
    • 31:00 – Seeing red – Cachet files for Chapter 11 | Albany Business Review
      •  If you missed it, here's our discussion with Cachet's General Counsel last year
    • 32:08 – $35 TRILLION worth of stupid accounting tricks | Bloomberg
    • 35:38 – Is the Big Easy just a Big Target for hackers? | PYMNTS
    • 36:57 – Totally tubular, man! Everything you ever needed to know about pneumatic tubes | Pneumatic.Tube 
    • 38:00 – The Digital Dollar Projects gets us one step closer to Fed-backed cryptocurrency | CFO 
    • 39:18 – Pass the bucks - China's testing out its own digital dollar | NPR 
    • 40:20 – Have phone, will vote? King County thinks so | WSJ
    • 43:52 – Maybe it's not Mint to be | Fast Company
    • 47:00 – Mint might not be your thing, but You really Need a Budget | YNAB 
    • 49:20 – Tax prep jitters? Not according to this survey | Finance Buzz
    • 50:55 – VCs are placing some pretty high bets on B2B fintechs | PYMNTS
    • 51:45 – Ceterus, playing the accounting firm with engineers games, rakes in a total of $30M | The Post and Courier
    • 52:31 – According to Glassdoor, you need to become an accounting manager | Going Concern
    • 53:41 – Need to beef up your firm's password management? Check out this guide | Tom's Guide

     

    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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    56 min
  • Visa acquires Plaid & Intuit makes ChronoBooks exclusive to QBO Advanced

    Sponsors

    • QuickFee: https://cloudaccountingpodcast.promo/quickfee
    • AccountingSuite: https://cloudaccountingpodcast.promo/asuite
    • OnPay: http://cloudaccountingpodcast.promo/onpay


    Show Notes

    • 01:52 – David can see clearly now, just in time to admire the cracked screen of his smartphone
    • 02:42 – Blake's upping his skills game at Jirav, learning financial modeling
    • 03:08 – Blake's second webinar - Webinar Recording: How to Build a Financial Model for an Accounting Firm | Jirav
    • 04:25 – The most effective way to master a new tool or software is to use it for yourself, or a client
    • 05:24 – Is there life after The Cloud Accounting Podcast? Blake reveals his retirement plan
    • 06:57 – Side hustles can help you understand your clients' pain points
    • 07:42 – American remote-worker ranks have nearly tripled in the past two decades!
    • 08:02 – Business on top, PJs on the bottom - just one of the reasons why remote work rules! 
    • 08:18 – Reviews! Thank you, I <3 smilies, Aassas, and Glafollette!  
    • 13:43 – Visa changes it stripes, with some $5.3 billion Plaid | Bank Innovation
    • 14:30 – Is data the new oil? 
    • 15:46 – Everything old wants to be new again, when it comes to fintechs, at least | Advisorhub
    • 16:30 -- Visa's Acquisition of Plaid Presentation | Visa
    • 17:42 – No QuickBooks Online Advance? No ChronoBooks for you! | Intuitive Accountant
    • 19:16 – Perhaps Intuit killed the wrong tool? The ChronoBooks backlash begins
    • 23:38 – Who needs a one-percent reward, when you can boost your Karma with every purchase? | Expensify 
    • 27:12 – Dave Barrett makes a case for Karma | Expensify
    • 27:23 – Do you Concur? Emburse wants to change your mind! | Accounting Today
    • 29:19 – Google ups its productivity game with the acquisition of AppSheet | AppSheet 
    • 31:16 – Stand up and shout  - FASB is the villain! | Accounting Today
    • 33:02 – While it might delight CPAs and auditors, this 10,000 page codification, for mere accounting mortals, is a bit much
    • 33:28 – The End of Accounting by Baruch Lev and Feng Gu | Amazon
    • 34:32 – There's really no place for GAAP-basis financials in a subscription economy
    • 37:11 – The CCPA implementation comes with a pretty hefty price tag - $55 BILLION |The Hill
    • 39:11 – Could the CCPA be more trouble, and new risk than it's actually worth? 
    • 41:00 – Email still poses the biggest security threat for small businesses | PYMNTS
    • 42:17 – Deepfake audio fraud is the new risk in town | Axios
    • 43:28 – Are Google and Facebook too big to fail? Apparently not when it comes to invoicing scams | Fortune 
    • 44:19 – While paper check usage declines, check fraud continues to rise | WSJ
    • 45:09 – UK small businesses are just not that fond of open banking |  PYMNTS
    • 46:29 – Be afraid; be very afraid of the Buffett Indicator | CCN
    • 47:05 – Mr. Buffett buys low, and sells high, or holds ... Be like Mr. Buffett! 
    • 49:41 – Time to move to Finland? | Quartz at Work
    • 51:44 – Eliminating useless and constant meetings might be even more useful than a four-day workweek
    • 52:28 – Who needs humans when you can hire an Alphabot? Walmart's trying to stay in the game with warehouse automation | Gizmodo


    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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    59 min
  • It's tax season! (and the best time to steal your competitors' clients)

    Sponsors

    QuickFee: https://cloudaccountingpodcast.promo/quickfee
    AccountingSuite: https://cloudaccountingpodcast.promo/asuite
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    Show Notes

    • 05:31 – Fresh back from the Sage Accountants Advisory Council, in Dallas, Blake is basking in brisket afterglow and ready to talk cloud accounting!
    • 06:21 – David takes a field trip to a real accounting firm! 
    • 07:53 – It’s tax season! Yay … | Accounting Today
    • 08:41 – Are IRS audits becoming an endangered activity? | CNBC 
    • 11:51 – When the IRS fails to collect from cheaters, it costs everyone else up to $3K | Accounting Today 
    • 15:25 – Wanna get new biz for your firm? Start during tax season! | CPA Trendlines
    • 17:08 – IRS calls open season on tax-prep competition, and gives the Free File program a makeover | ProPublica 
    • 19:43 – Straight from the source - Free File: File Your Taxes Online for Free | IRS
    • 23:16 – According to a recent survey, accountants are upping their tech game and their advising skills! | AccountingWEB
    • 29:56 – Hello Pot, this is Kettle – Is Amazon feeling too much heat from Honey? | PYMNTS
    • 31:28 – California – Land of Confusion – When it comes to the new privacy law | Fox and Hounds Daily  
    • 35:42 – Way to keep that private info safe, Facebook! | Bloomberg 
    • 37:35 – No time like the present – the California Board of Accountancy switches to email distribution of its newsletter, just in time to let everyone know they raised their fees | CBA
    • 39:30 – New Year's Bug Takes NYC Parking Meters Offline | PYMNTS
    • 41:53 – Virtually screwed –Thomson Reuters’ Virtual Office goes down for the count … But at least they’re providing status updates!  | Thomson Reuters 
    • 47:49 – What’s your favorite way of dealing with client 1099s? | CPA Trendlines
    • 49:51 – “Hey, you! Get off of my screen!” Chase just says no to screen-scrapers | Bank Innovation 
    • 51:51 – Do banking consumers really want to know who owns their bank data? | CNBC 
    • 54:43 – What is open banking, anyway? | American Banker 

    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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    1 hr
  • The best and worst 2020 predictions (and some of our own)

    Sponsors

    Jirav: www.jirav.com

    Hi, this is Blake, and I just wanted to let you know that this episode of the Cloud Accounting Podcast is sponsored by Jirav, my employer. “Jirav” sounds a lot like “giraffe” — and that’s no accident. Giraffes are the tallest animal in the world. That gives them a great view. Our goal at Jirav is to give you a similarly great view of what’s going on with your business.

    We do that by helping you understand where your business has been, and most importantly, predict where it’s going. Jirav connects your cloud-based accounting, payroll, CRM, and billing data together to automatically update shareable online dashboards, monthly reporting packages, and sophisticated financial plans and budgets in real-time. If you’re using Excel for reporting and forecasting, you’ll save hours every month with Jirav.

    Learn how accounting firms are using Jirav to deliver connected insight, strategize growth, and help their clients make more profitable decisions. Visit jirav.com and start your 30 day free trial. That’s J-I-R-A-V dot com. See farther with Jirav.

    Show Notes

    • 00:38 – Looking back - how many 2019 predictions came true? 
    • 03:17 – Blake's first prediction for 2020 comes true less than a minute later ... Well, sort of ... 
    • 03:38 – Culling All Accounting Conferences – less definitely may start to be more! | Accounting Today
    • 05:33 – Is there any value in free? 
    • 09:01 – Duh ... Overstating the obvious isn't really making a prediction | E27
    • 09:31 – Dynamic pricing is just not a thing, at least not for the smaller players
    • 11:09 – Hmm - is "used" the new "new"? 
    • 11:28 – What's going to have the biggest short-term impact on accounting? One hint: it's not humans | Journal of Accountancy
    • 13:25 – Blockchain in 2020 - boom or bust? | Enterprise Times 
    • 14:50 – Armanino releases blockchain-powered app for instant attestation | Accounting Today
    • 16:49 – Government still says no to crypto | Real Daily
    • 19:58 – Everybody’s losing their minds over 5G! But, why? | The Verge
    • 21:14 – Blake takes issue with 2020 being the breakout year for 5G – lack of speed isn’t the problem; lack of use is 
    • 23:25 – 2020 just might be the year of foldy, rolly, hidey devices ... Maybe
    • 25:12 – 2020 sees the hiring of non-accounting grads at CPA firms continue | Journal of Accountancy
    • 26:25 – Blake says it's going to take a good decade to create and implement the changes needed in the CPA exam and curriculum 
    • 27:49 – Want to stay relevant, and innovate? Pull your head out of last year! | LinkedIn
    • 29:33 – Millennials might be so 2019, but they still have some decent asks when it comes to employment | Boomer.com 
    • 31:31 – Open banking in the US? Maybe in 2030 ... | Accountancy Today
    • 33:19 – What's the most important issue facing the accounting industry? Here are at least 100 | Accounting Today
    • 35:30 – Things are different all over -  2020 Accounting Changes from Down Under | Accountants Daily 
    • 37:42 – Automation - great for those with actual skills; not great for the not-so-great ... 
    • 37:55 – What do accounting regulators actually DO? | CFO Dive
    • 40:17 – For your reading pleasure - 120 AI Predictions For 2020 | Forbes
    • 42:17 – Speaking of Voice AI – 46 industry pros share their 2020 Voice AI predictions | Voicebot.ai
    • 45:01 – VR will continue to make people nauseous in 2020 
    • 45:08 – Four (just four?) Creepy Applications That Will Change Your Business In 2020 | Inc.com
    • 47:36 – Is Netflix going to be your next bank? | Banking Innovation
    • 49:24 – The moment we've all be waiting for - David and Blake offer up their 2020 predictions! 🎉
    • 49:30 – Nobody's staying in their lane! David says watch out for blurred, crossed, and muddied lines more than ever. 
    • 50:59 – According to Blake, 2020 is the year that one of the GL players - think QuickBooks, Xero, et cetera - becomes a bank. 
    • 52:28 – David's no-brainer prediction - Xero and Sage will have to launch their own version of Live product to compete with QuickBooks Live. Mark his word! (For the record, Blake disagrees) 
    • 54:24 – Podunk is not the proper nomenclature, David ... 😁

    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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    • ...
    57 min
  • How California's new privacy and contractor laws could affect you

    Sponsors

    OnPay: http://cloudaccountingpodcast.promo/onpay

    OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer!


    Show Notes

    • 01:48 – When it comes to staying organized, there’s only OneNote for Blake
    • 04:24 – This one time, at Pod Camp ... David’s reminiscing about the early days of podcasting
    • 06:00 – Laws, laws, everywhere – We talk about what’s new for 2020 in California - Assembly Bill 5, and the California Consumer Privacy Act
    • 10:31 – Who's gonna drive you home? Uber argues that they’re not “really” a ride service
    • 13:34 – Time to get your CPA? Certain recognized professions, such as accounting, may be exempt from the AB 5 requirements
    • 14:23 – A refresher on European data protection laws | European Commission 
    • 16:48 – The devil’s in the data – just how much data will businesses be required to provide to consumers? | NYT Bits Newsletter
    • 21:11 – Multifactor authentication, anyone? Moss Adams is the latest to report a data breach | Accounting Today
    • 25:27 – Receipt Bank rakes in $73M in new funding with an eye towards tackling the US market | Enterprise Times
    • 27:58 – Show me your AI … Google’s latest AI innovation targets breast cancer detection | WSJ 
    • 32:15 – Face value – H&R Block targets our need for personal interaction with its new software offering | Accounting Today
    • 34:01 – Top tips for 10-year Customers here | SaaStr
    • 34:33 – Apparently, accounting clients do not have commitment issues! | Accounting Today
    • 37:06 – There’s gotta be better way than a 100-percent interest rate on small-biz loan! biz | PYMNTS 
    • 39:02 – They’re going the distance – the IRS updates 2020 mileage rate |Small Business Trends
    • 39:13 – Perhaps the FASB fears change? WSJ
    • 40:31 – In the meantime, however, this is what FASB’s working on for 2020 | WSJ 
    • 43:21 – Big Four, Big Tech, Big To-Do About Nothing? | Bloomberg Tax 
    • 46:46 – Stats abound 
    • 50:20 – Stayed tuned! Predictions are coming! Really! Before the end of the year! We promise! 

    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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    52 min
  • Reflecting on a Decade of Cloud Accounting

    Sponsors

    OnPay: http://cloudaccountingpodcast.promo/onpay

    OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer!


    Show Notes

    • 00:54 – Smart and Smarter? A look back at smartphones over the years | Reuters
    • 01:03 – Tech years = dog years – we look at some of the massive changes that have taken place over the last decade | WSJ
    • 06:05 – Seven tech and marketing predictions that fizzled out over the past 10 years | Econsultancy
    • 13:29 – Small online businesses are still scrambling in the wake of Wayfair | WSJ
    • 17:59 – Scott Greenberg’s decade review of federal tax policy in tweets | Twitter
    • 18:49 – In case you missed it, here are some Accounting Standards Updates issued by FASB back in December 2019 | FASB
    • 19:03 – Three Considerations for Cloud Computing Accounting Rules | CFO
    • 21:00 – Who ya gonna call? QuickBooks Live Bookkeepers, hopefully … | YouTube
    • 23:06 – QuickBooks Live is making an impression, or 734 million-plus impressions, according to AdAge | AdAge 
    • 25:57 – A “glitch” caused a delay in Federal Reserve direct deposits | CNBC
    • 29:10 – It’s actually “Athleta …” 
    • 29:20 – Want to work in retail? You might want to brush up on your app skills! | NYT
    • 36:20 – How invested are firms in tech? | Accountancy Age via Ryan Lazanis' weekly newsletter, Future Firm Top 5 
    • 38:38 – The marketing and high-growth connection for accounting firms | Bill.com 
    • 43:56 – Got some holiday cash burning a hole in your pocket? Check out our snazzy merch store!  

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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!  

     

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    46 min
  • Should you buy Bill.com stock?

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    OnPay: http://cloudaccountingpodcast.promo/onpay

    OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer!

    Show Notes

    • 01:59 – What’s in a name? Ask Richard Kopelman, CEO of Aprio | Aprio
    • 04:07 – The U.S. can’t seem to tear itself away from using paper checks, but Australia can! | Eureka Report
    • 04:57 – Another review! Thank you, Karen Bertrand! 
    • 06:05 – Bill.com’s best share price, according to Jim Cramer | CNBC
    • 07:03 – Is there an acquisition in Bill.com’s future? Some traders think so | Quartz
      •  Actual article title: “Why Bill.com’s stock is soaring, while other IPOs sink”
    • 09:27 – Are there any reasons to avoid buying up Bill.com shares? | Forbes
    • 11:16 – California’s credit score could be crumbling | The Sacramento Bee
    • 13:25 – Summit Hosting acquires iNSYNQ’s assets in the wake of this year’s ransomware attack | MSSP Alert 
    • 15:45 – Liberty Tax’s parent pays a pretty penny to settle with the Justice Department, and IRS | Accounting Today 
    • 17:57 – An unethical culture breeds unethical behavior – check out our discussion with Kelly Richmond Pope in Episode 139 for a refresher! 
    • 18:26 – QuickBooks launches Starling Bank integration for SMEs | AltFi 
    • 18:53 – Who really owns your data? The PNC v. Venmo battle raises that question | CNBC 
      • And more insight on the war between banks and fintechs | WSJ
    • 20:25 – Communication really is key – Withum CEO sends motivation via email | Accounting Today 
    • 21:40 – Time to weight in! Go take Intuit’s rate survey now! | Firm of the Future
    • 23:31 – Can you get any satisfaction from CAS? | Accounting Today 
    • 25:38 – PaySauce/Xero collaboration – Great for New Zealand;  So-so for U.S. | Reseller News
    • 26:12 – Farming industry as a niche for U.S. accountants? Probably not the most lucrative row to hoe | USDA
    • 27:13 – You better check your breaches, especially if you or your clients use Zynga! | Firefox Monitor
      • 27:52 – More insight on data breaches here | Forbes  
      • 29:07 – And suddenly, there came a ringing … Is your Ring Doorbell account letting everyone in? 
    • 30:00 – Keep it on the downlow! Some companies don’t feel the need to disclose their boo-boos | WSJ
    • 36:03 – We predict happier news is coming your way, next episode! 

    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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    37 min
  • CPA licensure evolves at an evolutionary pace

    Sponsors

    OnPay: http://cloudaccountingpodcast.promo/onpay

    OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer!

    Show Notes

    • 01:57 – The gentlemen discuss a big reveal at the Digital CPA Conference – a proposed revamping of the CPA licensure model and what it could mean!| AICPA
    • 06:14 – With more specialization, CPAs will now be more useful to employers!
    • 09:04 – Although the AICPA says there’s been a boost in diversity, it’s still falling a bit flat | AICPA
    • 11:26 – QuickBooks Live adds a standalone set-up service feature | Firm of the Future
    • 12:38 – Hook, line, and Amazon … Check out our Amazon discussion in Episode 138
    • 16:28 – Another review! Thank you! 📝😊
    • 17:38 – The best technologies for CPAs - if you’re still living in the year 2000 | Journal of Accountancy
    • 21:12 – Show me the money … Someday? Please? California can’t account for its cash | Forbes
    • 26:46 – Oracle may have missed the earnings mark, but the cloud gives them a silver lining | CFO
    • 28:17 – Bill.com’s IPO is winning! | CFO
    • 29:59 – The fintech v. bank wars continue – with a lopsided proposed data-sharing agreement | Bank Innovation
    • 32:53 – JPMorgan Chase partners with Yodlee to offer customers more control of their data | Business Wire
    • 34:41 – If banks don’t step up their game, the likes of Intuit and Xero will find their own solution | AccountingWEB UK
    • 36:10 – Eight to 14 percent of Americans own crypto – meaning the time for crypto-tax solutions is now! | CPA Practice Advisor
    • 41:20 – A one-stop shop for all your payroll and HR needs? QuickBooks Online Payroll rolls out Elite Payroll, a full-stack offering | Accountex Report 
    • 41:46 – Find your way around tax forms quicker with Xero’s Map Accounts to Tax Lines feature | Xero
    • 42:38 – Intuit’s Pro Series rolls out some new and maybe not-so-new features | AccountingWEB
    • 43:44 – This point-of-sale really ties the room together and helps cannabis distributors be more zen | Yahoo! Finance 
    • 44:01 – More on the conundrums of cannabis in Cali in Episode 113
    • 45:55 – It may be the season of giving, but to whom, and how much does one tip? 

    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! 

    Limited edition shirts, stickers, and other necessities

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    Subscribe

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

About The Accounting Podcast

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The most authoritative voice in accounting news. Every week, Blake Oliver and David Leary break down the stories reshaping the profession — AI, the Big Four, firm M&A, audit failures, and the…

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