Why GAAP is outdated & news from Sage Intacct Advantage

David and Blake are recording live at Sage Intacct Advantage and ready to share the latest news about Sage — But first! — We dial up Ethan Rouen of the Harvard Business School for a lively discussion about the inadequacies of modern GAAP (Generally Accepted Accounting Principles) and specifically the problem with accounting for employees as costs instead of assets. Then, after the break, we share the highlights from Sage Intacct Advantage, as well as news about a ransomware attack on Billtrust, a study that says female CEOs and CFOs generate greater profits, a story about EY's cringeworthy instructions on how women should behave in the firm, and more.