The Accounting Podcast

View Top 200 Chart

Back to Rankings Page

News
**The Accounting Podcast**

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 talent crisis — with analysis you won’t get from the trade press. Earn free NASBA-approved CPE just for listening, with the Earmark app.

Latest Episodes:

#AccountexUSA: Meet Cash Flow Mike Nov 03, 2019

Show notes

Sponsors

Right Networks: https://cloudaccountingpodcast.promo/rncloud

Show Notes

00:17 – Meet Cash Flow Mike!
00:36 – Cash flow is king - It's how businesses keep their doors open
01:26 – Mike teaches banks effective methods for communicating with small-biz owners
01:50 – Mike teaches from the standpoint of necessary advising, instead of trusted advising
03:41 – Want to add advisory to your practice? Learn how to tap into your experiences and tell that story
04:49 – Mike says it's imperative to start with the end in mind - and map out that advisor/client relationship
06:55 – Since everything you do impacts cash flow, you need to know the reason why you're making every single transaction
09:01 – Run your firm like you're going to sell it - keep it show-ready every day
09:34 – Stupid cash flow tricks
12:01 – You don't need fancy tools and software, but you do need to track everything - what's coming in, what's going out, and the timing of it all
14:15 – When it comes to cash flow, looking ahead gives you time and options
14:35 – Practice what you preach. When it comes to advisory, if you believe in what you're selling, why aren't you doing it?
15:20 – What comes in should match what's going out
18:39 – A discussion on how having more month than money and oversized growth affects startups like WeWork | NYT

Connect with Mike Milan

Linkedin: linkedin.com/in/mikemilan/
Website: https://www.elevatefinancialtraining.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.

Meet Blake and David in person!

November 5-8: QuickBooks Connect in San Jose
November 5: Practice Ignition PreCon Party in San Jose
November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose
December 9-11: Digital CPA Conference in Seattle

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

#AccountexUSA: Getting to know the Latino market Nov 02, 2019

Show notes

Sponsors

Right Networks: https://cloudaccountingpodcast.promo/rncloud

Show Notes

00:40 – Welcome Jose and Tony!
01:13 – Tony explains the Latino Tax Professionals Association’s mission
02:37 – The fast-growing Latinx small-business market is largely underserved in the U.S.
04:59 – Uncle Sam wants you - even if you're an illegal immigrant - to pay your taxes
05:32 – There's a delicate balancing act of compliance with the IRS, or the government
06:31 – Jose tells undocumented clients that filing a return is an imperative step in becoming a citizen or getting authorization to work in the U.S.
07:15 – Tony explains how the mixed-status family can mix up your brain when trying to file that type of tax return
09:12 – Jose talks about the absolute necessity for education to prevent Latino small-owners from making huge mistakes with their finances and taxes
11:05 – Talking diversity, and the perceived, or real lack thereof in the accounting profession
12:48 – Financial illiteracy may be what gets in the way of Latino entrepreneurs being able to grow their businesses | Stanford Graduate School of Business
14:32 – Jose says while most Latino business owners speak English and use English-language products, they prefer to consume educational content in Spanish
15:21 – Translating your educational content into other languages will pay off in the long run
18:25 – Scaling New Heights started offering Spanish-speaking tracks in 2017 | Woodard.com
19:12 – To reach the Latinx market, try a less salesy, more genuine approach
20:12 – Tony explains how Contabi Alliance takes the mission of serving the underserved to the Latin American countries, providing resources and education for accountants and bookkeepers who don’t have access to the tools and technology available in the States
22:00 – Each country has its own particular accounting rules and regulations to navigate

24:35 – There's a huge shortage of third-party apps that connect Latinx accounting software to the global players, such as Xero and Intuit

25:25 – What kinds of opportunity exist for Latin American countries that want to expand into the U.S.?

26:54 – Jose may have the world’s longest social media profile!

28:39 – Latino Tax Fest – parties, pools, and education!

Connect with our guests

Jose Zavala
- LinkedIn: https://www.linkedin.com/in/jzavala03/
- Twitter: https://twitter.com/ztxadvisors
- Email: jzavala@ZTXadvisors.com
- More About the Xero Virtual Hour: https://www.xero.com/us/partner-programs/partners/xerohour/
Tony Martinez
- LinkedIn: https://www.linkedin.com/in/tony-martinez-a095613a/
- Website: https://latinotaxpro.com/
- Email: antonio.martinez@latinotaxpro.org
- Latino Tax Fest: https://latinotaxfest.com/

Get in Touch

Meet Blake and David in person!

November 5-8: QuickBooks Connect in San Jose
November 5: Practice Ignition PreCon Party in San Jose
November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose
December 9-11: Digital CPA Conference in Seattle

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

Want to be a co-host at QuickBooks Connect? Nov 01, 2019

Show notes

Show Notes

Handles and Hashtags for Contest
Twitter: @CloudAcctPod
Facebook: @CloudAccountingPodcast
LinkedIn: @CloudAccountingPodcast
Official QuickBooks Connect hashtag: #QBConnect

Get in Touch

Meet Blake and David in person!

November 5-8: QuickBooks Connect in San Jose
November 5: Practice Ignition PreCon Party in San Jose
November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose
December 9-11: Digital CPA Conference in Seattle

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

Transcript

Hey there, Cloud Accounting Podcast listeners!

Have you dreamed of being a guest on the Cloud Accounting Podcast?

Are you going to QuickBooks Connect next week?

If you answered YES to both these questions, you’ll want to turn up the volume so you don’t miss anything I’m about to say. [pause]

We are running a contest so that one of our lucky listeners can co-host our news roundup episode that we record at QuickBooks Connect 2019.

Here is how you can enter to win:

-Between now and Wednesday, November 6th, 2019 at 12:00 pm Pacific time.

-Tweet, post to Facebook or share on LinkedIn

-Telling the world, WHY… YOU... want to be ...and ...should be... a co-host of the Cloud Accounting Podcast at QuickBooks Connect.

Here’s the most important part:

Be sure to properly tag the Cloud Accounting Podcast in your post… AND ...you must also use the hashtag #QBConnect. Hit the show notes if you are unsure of any handles or hashtags.

We’ll announce the winner during the official QuickBooks Connect welcome reception on the evening of November 6th.

Even though … the most Likes, Retweets, and Comments won’t guarantee that you’ll be the winner, it will most definitely keep your post at the top of those AI-based social algorithms.

Good luck, and see you in a few days!

P.S. If any of you try to have your automated BOTS game this contest, you’ll for sure be on the podcast, just not in the good way. smile face emoji

#AccountexUSA: What do accountants care about? We ask the editors Oct 31, 2019

Show notes

Sponsors

Right Networks: https://cloudaccountingpodcast.promo/rncloud

Show Notes

00:13 – We managed to get three editors from the top competing accounting media properties together in one spot!
00:35 – We asked the panel - what is top of mind in the accounting industry?
01:13 – For Accounting Today, Dan says tax and tech is at the top of readers' minds
02:00 – Dan reveals a bit about AccountingWEB's approach to sharing relevant accounting news
03:04 – Jess says tax law changes are what keep accountants employed
03:48 – Dan says hyper-focusing too much on one specific topic, like tax, means you're missing out on the bigger and more important accounting-industry picture
05:15 – Like it or not, Jess says advisory is in your future,
06:39 – Dan says accountants need to realize that they're much more comfortable with change than they believe
07:47 – Don't forget that small and mid-sized firm owners are entrepreneurs, combining that perceived conservatism with a huge amount of risk
08:43 – Jess says the constant barrage of "Do Advisory" advice started with vendors
10:53 – Seth notes that there's a dark tech and automated cloud looming over the billable hour
11:38 – The concept of killing the billable hour isn't a new one
13:42 – Turn and face the change - The gentleman talk about the transformation from paper to digital in accounting media
14:20 – If you want to stay on top, you've got to be willing to meet your clients where they are
15:53 – Seth talks about the art of fine-tuning the accounting content to stay connected to readers
17:08 – Who's gonna drive you home? The data is - in media, and the accounting industry
18:35 – The guys talk "A" words - automation and advisory
20:49 – As advisory services start to play a bigger role, the bigger firms are starting to be more selective about their client lists
22:32 – Dan's theory - AI and advisory are going to position the smaller accounting firms for bigger success
23:41 – Jess says there are three levels, when it comes to the evolution of accounting - Let's do it, Help Me do it, and Leave Me Alone!
26:11 – Seth's conclusion - Automation enables greater profitability

Connect with our guests

Dan Hood, Editor-in-Chief of Accounting Today: https://www.linkedin.com/in/daniel-hood-3494ab49/
Seth Fineberg, Managing Editor of AccountingWEB: https://www.linkedin.com/in/seth-fineberg-86aa8663/
Jess Scheer, Executive Editor of Accountex Network:https://www.linkedin.com/in/jess-scheer-43038610/

Get in Touch

Meet Blake and David in person!

November 5-8: QuickBooks Connect in San Jose
November 5: Practice Ignition PreCon Party in San Jose
November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose
December 9-11: Digital CPA Conference in Seattle

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

Why GAAP is outdated & news from Sage Intacct Advantage Oct 29, 2019

Show notes

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

00:12 – Meet our guest, Ethan Rouen, Assistant Professor of Accounting at Harvard Business School
01:27 – The gentleman dissect Ethan’s article, “The Problem with Accounting for Employees as Costs Instead of Assets”
01:50 – Blake found a lot of similarities to Baruch Lev’s “The End of Accounting” in Ethan’s article | WSJ
02:30 – Using GAAP today is like fixing a Tesla with a Model T manual
04:12 – Why the lack of reporting human capital is a huge problem
05:32 – Will disclosures on human capital get political?
06:48 – Reporting human capital tells a more compelling story to investors
08:21 – Offering high-quality employee development programs is one way to ride out the economic storms | WSJ
10:28 – There needs to be a broader range of rules in GAAP for telling the stories of these companies
12:04 – The more things change, the more they stay the same, especially where GAAP is concerned
13:58 – Nap time for David? Ethan talks about Boeing’s use of program accounting | The CPA Journal
15:30 – David finally weighs in – Given the emotional climate of investing, what exactly is GAAP used for?
17:06 – Regardless of investors’ evaluation tactics, Ethan still thinks GAAP is relevant
19:10 – Is Ethan a social-media anomaly?
23:04 – More insightful Cloud Accounting Podcast content is on the way! Subscribe now, so you don’t miss out!
23:28 – Innovation is the theme of Sage Intacct Advantage 2019 | GlobeNewswire
24:36 – Finance 3.0, Intelligent GL (AI), product announcements, and more key takeaways from the conference
28:43 – Sage’s goal is to “eliminate the close …” stay tuned for more insight on this aspiration from Sage CTO Aaron Harris in a future interview
30:13 – Some hints about what will become of the AutoEntry acquisition?
32:50 – Mark your calendars! Intacct Advantage 2020 hits sunny Florida!
34:15 – Update on the QuickBooks Desktop Payroll discontinuation – So far, it’s only in the UK version! | Intuit QuickBooks
35:24 – Billtrust is the latest target for ransomware-ers | Krebs on Security
37:16 – Want Higher Profits? Hire a Female CEO, CFO | Korn Ferry
39:14 – The opposite of woke … E&Y instructs its female counterparts on the art of dressing and behaving appropriately? | The Huffington Post
40:44 – Nuke launches have gone digital … We feel so much safer now | Engadget

Connect with Ethan Rouen

LinkedIn: https://www.linkedin.com/in/ethan-rouen-16a9551/
Website: http://www.ethanrouen.com/

Get in Touch

Meet Blake and David in person!

October 29-30: AcuityCon in Atlanta
November 5-8: QuickBooks Connect in San Jose
November 5: Practice Ignition PreCon Party in San Jose
November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose
December 9-11: Digital CPA Conference in Seattle

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

Square Books is here — is accounting next? Oct 22, 2019

Show notes

Sponsors

OnPay:http://cloudaccountingpodcast.promo/onpay

Show Notes

00:16 – Putting a face to fraud - Michael Mann finally appears, at least in pictorial form | Daily Mail UK
01:18 – Practicing for his big act? The Daily Mail article includes a video clip from what seems to be some form of corporate roleplaying/training. Enjoy.
03:02 – Come rain, sleet, snow, or fire alarm, some Big Four firms file returns no matter what!
03:44 – More automation from Square with Square Assistant for AI-powered scheduling and messaging | Square
04:12 – Square’s hitting the Books … The GL kind | Square
07:03 – Square - reinventing the accounting wheel one double entry at a time
08:04 – Is this all part of Square's plan to become a bank?
11:38 – Square deals meals - Square for Restaurants brings management tools to the table | Square
12:53 – Meals on wheels? Along with the management toolset, Square for Restaurants integrates with Caviar, their meal-delivery service
14:55 – Outside looking in? How do accountants and bookkeepers stay relevant in the face of the ever-increasing automation and DIY accounting tools?
16:39 – Who's really in charge? With Big Tech firms controlling the software on your PC, how much control do you have left? | Yahoo!
20:13 – There is no such thing as free! Reckon cuts off customers until they buy new licenses | The Sydney Morning Herald
21:36 – QB Desktop Payroll gone come 2020 | Intuit QuickBooks
23:36 – Hubdoc Xeros in on better functionality with new permissions features | Xero Blog
24:33 – Can a Xero change its Stripe? Xero adds several new functions to its Stripe integration
25:39 – Bill.com's moving on up to the midmarket with their latest round of features | Finextra
28:00 – Veem and Zapier have joined forces to add even more functionality to Veem's payment service | Veem
31:57 – Need to learn how to use Zapier? Find a trainer, like Heather Satterly to help you out | Nerd Enterprises
32:06 – Gusto adds to their FreshBooks integration | FreshBooks
33:01 – No more slacking off, with new custom workflows in Slack | Slack Blog
35:06 – ScaleFactor unleashes a small-biz credit card | BusinessWire
36:08 – Small banks-tech company collabs aren't just a fad, but how much is too much when it comes to growth? | Bank Innovation
36:45 – Chime broke the bank, literally, when their app completely shut down | CNBC
38:14 – Well, actually, Galileo, the company powering Chime, was the true source of the outage
38:49 – Galileo didn't seem to have time to worry about the Chime outage. They were too busy touting their latest $77 million raise
41:16 – Leave your hubris at the door, please - these bank-tech firms might want to start focusing more on their 'users' and less on their egos
42:47 – Shirts, and stickers, and merch, oh my! Get your official and limited edition Cloud Accounting Podcast stuffs now!

Get in Touch

Meet Blake and David in person!

October 22-25: Sage Intacct Advantage in Las Vegas
October 29-30: AcuityCon in Atlanta
November 5-8: QuickBooks Connect in San Jose
November 5: Practice Ignition PreCon Party in San Jose
November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose
December 9-11: Digital CPA Conference in Seattle

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

#AccountexUSA: Making remote work... work! Oct 20, 2019

Show notes

Sponsors

Right Networks: https://cloudaccountingpodcast.promo/rncloud

Show Notes

00:35 – If you're moving to remote work, here are some key things to consider
01:35 – Let's get digital, digital ... When going remote, all your company's data , and processes need to be digitized
02:31 -- Having the right software and tools in place, along with digitized date ensures that you and your employees can work any place, any time
03:01 – As we discussed in Ep. 121, security is a crucial component of setting up your remote workforce
06:03 – Roman says most accountants favor Microsoft's collection of collaboration tools, especially for remote work
06:42 – Team chat or collab tools make it very easy to see who's available when
11:19 – Removing the guesswork - collaboration tools, such as Teams, keep all the information from every conversation in one place, eliminating the wasted time of searching email threads for just one thing | Microsoft.com
12:46 – First things first - what's the first thing firm owners should consider about going remote?
13:32 – The key ingredient for a successful remote-work situation is to use the right systems and tools for the situation!
13:41 – The best candidates for remote opportunities are those with experience, and who need very little supervision
14:34 – It pays dividends to keep your top employees engaged, and happy, even if that means letting them go remote
16:25 – Letting employees work when and where they want means more productivity and less wasted time
18:09 – You can accomplish more, and still have those watercooler convos, all from the comfort of home

Connect with Roman H. Kepczyk, CPA.CITP, CGMA

Website: https://www.rightnetworks.com/roman-kepczyk/
Right Networks Blog: https://www.rightnetworks.com/blog/
Twitter: https://twitter.com/romancitp
LinkedIn: https://www.linkedin.com/in/romankepczyk/

Get in Touch

Meet Blake and David in person!

October 22-25: Sage Intacct Advantage in Las Vegas
October 29-30: AcuityCon in Atlanta
November 5-8: QuickBooks Connect in San Jose
November 5: Practice Ignition PreCon Party in San Jose
November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose
December 9-11: Digital CPA Conference in Seattle

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

#AccountexUSA: Ransomware is rampant Oct 20, 2019

Show notes

Sponsors

Right Networks: https://cloudaccountingpodcast.promo/rncloud

Show Notes

01:39 – With the rise in ransomware rampages, it's more crucial than ever to protect your company's data
02:07 – Roman explains the Right Networks disk-to-disk-to-offsite backup process
03:14 – Don't get caught with your cloud down ... Just because your data is in the cloud, doesn't remove your responsibility to make regular backups here on earth
04:05 – You can't tune a phish - Training employees to recognize phishing emails is an important step in safeguarding company data
05:31 – It's trickier to spot phishers on smartphones, since you can't see the full URL
07:27 – Stop being so predictable! Using the same password for all your websites is just an open invitation to hackers
11:12 – Roman suggests checking your online bank accounts daily, in the morning, especially if you travel and swipe cards frequently in numerous locations
12:27 – Target practice? With digital threats constantly changing and evolving, small businesses need experienced, well-trained IT security providers to help protect systems
15:46 – Roman shares some more details about services that provide phish-attack testing for employees, and the process Right Networks uses for its own people

Connect with Roman H. Kepczyk, CPA.CITP, CGMA

Website: https://www.rightnetworks.com/roman-kepczyk
Right Networks Blog: https://www.rightnetworks.com/blog/
Twitter: https://twitter.com/romancitp
LinkedIn: https://www.linkedin.com/in/romankepczyk/

Get in Touch

Meet Blake and David in person!

October 22-25: Sage Intacct Advantage in Las Vegas
October 29-30: AcuityCon in Atlanta
November 5-8: QuickBooks Connect in San Jose
November 5: Practice Ignition PreCon Party in San Jose
November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose
December 9-11: Digital CPA Conference in Seattle

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

Everyone wants to be a bank for small business Oct 18, 2019

Show notes

Sponsors

OnPay: https://cloudaccountingpodcast.promo/onpay

Show Notes

00:56 – How much pain has the Tax Cuts and Jobs Act caused? | WSJ
01:29 – Blake left his heart in San Francisco , with Jirav, where he's now director of marketing
03:17 – Blake's excited to get back to his old stomping ground, helping educate CPAs, and small-biz accountants and bookkeepers
04:24 – Veem and Xero team up to offer a kinder, gentler, less-clunky invoicing system | CPA Practice Advisor
07:37 – While it's not the perfect AR/AP payment solution, David talks about some of the benefits of using a service like Checkbook.io
09:14 – Cruisin' on down the highway - QBO now offers mileage tracking | Insightful Accountant
09:57 – BQE Core is also offering mileage tracking | BQE
11:07 – David’s #1 prediction of 2019 comes true!
11:20 – Intuit and Visa are on the small-biz track, joining forces to offer instant deposits | Business Insider
12:16 – We’re not quite sure what we’re selling, but it’s in the TOS! | Intuit QuickBooks
12:25 – Thanks to Nina Casey for sending in this story, and offering her insights!
13:56 – Has Rich Preece left the Intuit building?
15:08 – Paro, a high-end accounting temp agency raises $10m in their latest round of funding | Accounting Today
17:58 – EasierAccounting.com, yet another new kid on the same ol’ AI-Accounting block? | Yahoo!
20:02 – Short story long, Expensify has launched “the world’s smartest corporate card! | CPA Practice Advisor
21:48 – Blake’s take on Expensify’s grassroots-y approach to marketing
25:50 – Brex teams up with Radius Bank to target those well-funded startups | PYMNTS.com
28:49 – Bank of America targets small business but misses the mark | Bank Innovation
31:02 – Mark your calendars! September 18th is now Bill.com Day in Houston! | CPA Practice Advisor
31:42 – Robinhood tightens their tights for another shot at banking | Bank Innovation
32:54 – Is Intuit overtaking Xero in the UK race? | Scoop Independent News
34:41 – Revolut is on the fast track to becoming Europe’s MVP in the fintech space | City A.M.
36:34 – The MyPayrollHR fallout continues | Albany Business Review
38:38 – Pioneer Bank, Michael Mann’s bank of choice, seems to be at a loss for useful words | Times Union
39:53 – New York State Department of Financial Services starts to gather intel in the search for missing payroll regulations | WSJ
42:13 – Bigger isn’t always smarter – More on California’s fiscal project fiasco | Government Technology
46:45 – The One-Percent crowd pays less taxes than the rest of us | Washington Post
47:32 – The rich keep getting richer, and the poor keeping being cheaper to audit | ProPublica
50:33 – The kiddos are raking in the allowance, with little to no savings to show for it | AICPA
55:42 – It’s time for reviews! Thanks to all our excellent listeners!
57:12 – Should Blake compose and perform the new Cloud Accounting Podcast theme song on his cello? Let us know what you think!

Get in Touch

Meet Blake and David in person!

October 22-25: Sage Intacct Advantage in Las Vegas
October 29-30: AcuityCon in Atlanta
November 5-8: QuickBooks Connect in San Jose
November 5: Practice Ignition PreCon Party in San Jose
November 6: VIPartners Party with Gusto, Routable & Jirav in San Jose
December 9-11: Digital CPA Conference in Seattle

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:

#AccountexUSA: Fraud can be funny (and fun) when you're Dawn Brolin Oct 17, 2019

Show notes

Sponsors

Right Networks: https://cloudaccountingpodcast.promo/rncloud

Show Notes

00:48 – How can being a Bills fan ever be a bad choice?
01:40 – Fraudster Tip: If you're gonna steal the cash, stash it in your backyard!
02:36 – Dawn explains the geometry of fraud | ACFE
03:01 – The three steps leading to fraud - pressures, opportunity, and rationalization
04:55 – In the age of payroll automation, why do small-biz owners still insist on paying with paper checks?
05:26 – Time really is money, especially if your employees steal it
06:38 – Hook, line, and sinker, as a small-biz owner, you're fully liable for all tax obligations, regardless of whether you've been defrauded.
07:37 – Dawn says advisors are missing the mark when it comes to using the cloud and accounting apps
09:24 – Accountants and bookkeepers, assessing your clients' financial risk and providing suggestions for better internal controls should be a priority when it comes to adding value
12:48 – Table for two? Especially in smaller businesses, two or more employees make teamwork out of fraud
14:15 – The downside to all this super-efficient tech? It can make it super-easy to commit fraud
15:15 – Never take candy for your passwords!
21:29 – Why finding fraud is fun
23:05 – Forensic accounting - kicking ass and taking names is just part of the job description
25:46 – How to become a certified fraud examiner | ACFE
28:42 – Swearex 2019