The Accounting Podcast

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News Update with Marie Phillips, CPA and Jennie Taber, CPA at the Accounting & Finance Show LA Jul 25, 2019

Show notes

This episode was recorded live at the Accounting & Finance Show LA at the Los Angeles Convention Center on July 24, 2019.

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Accounting & Finance Show LA: http://cloudaccountingpodcast.promo/accountingshowla

Show Notes

02:31 — QuickBooks Cloud Hosting Firm iNSYNQ Hit in Ransomware Attack — Krebs on Security (https://krebsonsecurity.com/2019/07/quickbooks-cloud-hosting-firm-insynq-hit-in-ransomware-attack/)
09:50 — Trump’s Tax Law Threatened TurboTax’s Profits. So the Company Started Charging the Disabled, the Unemployed and Students. — ProPublica (https://www.propublica.org/article/trump-tax-law-threatened-turbotax-profits-started-charging-disabled-unemployed-and-students)
13:42 — SURVEY: 60% of Firms Employ Remote Access Tools (https://cpatrendlines.com/2019/07/14/survey-60-of-firms-employ-remote-access-tools/)
16:22 — About Marie Phillips, CPA (https://www.linkedin.com/in/phillipsmarie/)
19:28 — Here's where you can have a 4-day work week. Is this the next big thing? (https://www.usatoday.com/story/money/2019/07/17/jobs-4-day-work-week-next-bif-thing/1748695001/)
24:58 — The problem(s) with timesheets
32:00 — About Jennie Taber, CPA: (https://www.linkedin.com/in/jennie-taber-cpa-778408120/)

Connect with Marie

Marie Phillips, CPA: https://www.linkedin.com/in/phillipsmarie/
Gursey | Schneider LLP: https://www.gursey.com/

Connect with Jennie

Jennie Taber, CPA: https://www.linkedin.com/in/jennie-taber-cpa-778408120/
Armanino LLP: https://www.armaninollp.com/

Get in Touch

Thanks for listening! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, do us a favor and write a review on iTunes. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.

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#Xerocon San Diego: Ben Richmond, VP of Business Growth at Xero Jul 20, 2019

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LivePlan: http://cloudaccountingpodcast.promo/liveplan
Halon Tax: http://cloudaccountingpodcast.promo/halontax

Show Notes

1:20 - Ben’s view of advisory and where it fits in with compliance
4:36 - What is Ben’s biggest challenge in his role as VP of Business Growth in the Americas?
5:53 - The importance of book-to-tax workflow
8:23 - Ben’s background (how he got to be where he’s at)
10:28 - The problem with going too far into the future with sessions at conferences (thought leaders are scaring firms about blockchain when hardly anybody is using it yet)
12:38 - The biggest barrier to innovation for large accounting firms in the United States
15:10 - What if accountants just focused on their processes?

Connect with Ben

LinkedIn: https://www.linkedin.com/in/ben-richmond-ca-b8794220/
Twitter: https://twitter.com/benrichmond1
Email: Ben.Richmond@Xero.com

Links

Deloitte's 2019 Global Blockchain Survey: (https://www2.deloitte.com/content/dam/insights/us/articles/2019-global-blockchain-survey/DI_2019-global-blockchain-survey.pdf)

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Why Amazon — and accounting firms — have no choice but to retrain their workers Jul 16, 2019

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Sponsors

FloQast: http://cloudaccountingpodcast.promo/floqast
AutoEntry: http://cloudaccountingpodcast.promo/autoentry

Show Notes

00:53 - Welcome to the Cloud Accounting Podcast!
00:57 - Amazon’s Latest Experiment: Retraining Its Work Force | NYTimes (https://www.nytimes.com/2019/07/11/technology/amazon-workers-retraining-automation.html)
05:23 - The end of the war for talent? | Accounting Today (https://www.accountingtoday.com/news/the-end-of-the-war-for-accounting-talent)
08:39 - Companies use this creative trick keep wages stagnant, even in a strong economy | MarketWatch (https://www.marketwatch.com/story/this-theory-could-help-explain-why-wages-arent-rising-faster-2018-08-06)
12:00 - Microsoft Teams reaches 13 million daily active users, introduces 4 new ways for teams to work better together | Microsoft (https://www.microsoft.com/en-us/microsoft-365/blog/2019/07/11/microsoft-teams-reaches-13-million-daily-active-users-introduces-4-new-ways-for-teams-to-work-better-together/)
14:32 - We talked to 10 Robinhood insiders about how the $6 billion trading app botched a launch so badly Congress got involved | Business Insider (https://www.businessinsider.com/robinhood-millennial-trading-app-ignored-rules-checking-and-savings-2019-7)
17:47 - Bill.com Doubles Currencies and Countries for No-Fee International Payments | Insightful Accountant (https://www.intuitiveaccountant.com/vendor-news/bill-com-doubles-currencies-and-countries-for-no-fee-interna/)
19:20 - MindBridge Ai gets $11M in new funding to accelerate AI development | Accounting Today (https://www.accountingtoday.com/news/mindbridge-ai-gets-11m-in-new-funding-to-accelerate-ai-development)
20:21 - Kabbage secures $200M to fuel its AI-based loans platform for small businesses | TechCrunch (https://techcrunch.com/2019/07/02/kabbage-secures-200m-to-fuel-its-ai-based-loans-platform-for-small-businesses/)
22:04 - CPAs see risks in complex financial instruments and derivatives | Accounting Today (https://www.accountingtoday.com/news/cpas-see-risks-in-complex-financial-instruments-and-derivatives)
26:13 - Monopoly Goes Cashless, Games Gain Popularity | PYMNTS.com (https://www.pymnts.com/innovation/2019/monopoly-goes-cashless-board-games-gain-popularity/)
28:39 - myGov website goes down affecting tax return services | Twitter (https://twitter.com/i/events/1149484643801939970)
30:47 - Follow @BlakeTOliver and @DavidLearn on Twitter
31:32 - Meet us in person at the Accounting & Finance Show LA (https://www.terrapinn.com/exhibition/accounting-finance-show-la/index.stm)

Get in Touch

Thanks for listening! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, do us a favor and write a review on iTunes. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.

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SNH19: Jina Etienne, CPA, CGMA, takes a holistic approach to diversity Jul 15, 2019

Show notes

Sponsors

Halon Tax: http://cloudaccountingpodcast.promo/halontax
TOA Global: http://cloudaccountingpodcast.promo/toaglobal
LivePlan: http://cloudaccountingpodcast.promo/liveplan

Show Notes

Coming soon!

Get in Touch

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California requires bot disclosure, texting clients after hours, Walmart lays off hundreds of accountants, and more Jul 13, 2019

Show notes

Sponsors

FloQast: http://cloudaccountingpodcast.promo/floqast
AutoEntry: http://cloudaccountingpodcast.promo/autoentry

Show Notes

00:53 - Welcome to the Cloud Accounting Podcast!
04:34 - A California law now means chatbots have to disclose they’re not human | Quart
07:21 - 73% Think It's OK to Text Clients After Business Hours | SmallBizTrends
10:28 - Layoff Watch ’19: Walmart Accountants and Finance Workers In Charlotte, NC | Going Concern
14:58 - MYOB glitch sees 220 payment summaries sent in error | Accountants Daily
17:41 - Deloitte flash poll: "What is your organization’s biggest challenge associated with controllership transformation?"
21:43 - Fifty Years, Little Progress for Black Accountants | Bloomberg Tax
23:47 - Proposal would enable adaptive-learning CPE self-study for CPAs | Journal of Accountancy
29:25 - Subscribe to show notes via email

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AICPA ENGAGE: Jason Deshayes, Accounting Advisory leader at Elliott Davis Jul 09, 2019

Show notes

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FloQast: http://cloudaccountingpodcast.promo/floqast

Show Notes

Coming Soon!

Get in Touch

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AICPA ENGAGE: Liz Mason, Byron Patrick, & Rachel Fisch Jul 08, 2019

Show notes

Sponsor

FloQast: http://cloudaccountingpodcast.promo/floqast

Show Notes

00:53 - Welcome to the Cloud Accounting Podcast
01:16 - We're at AICPA ENGAGE 2019
02:09 - What are the top threats facing the accounting profession?
04:53 - If I'm not doing audit, why would I go to the trouble of being a CPA firm these days?
06:07 - What's going on with the CPA in Canada
09:22 - Over the last 8 years, CPA hires have increased 4% but non-CPA hires have increased 10%
12:03 - What's with this Canadian firm getting sued by the SEC?
15:04 - Tom Maxwell on Twitter: "Do you text with your clients?"
20:15 - What do you see as the best opportunities for CPAs as robots take over lower level tasks?
30:13 - Follow @fischbooks, @byron_cpa, and @LizzyNorMa on Twitter

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SNH19: Desktop Accounting Podcast Jul 07, 2019

Show notes

Sponsors

Halon Tax: http://cloudaccountingpodcast.promo/halontax
TOA Global: http://cloudaccountingpodcast.promo/toaglobal
LivePlan: http://cloudaccountingpodcast.promo/liveplan

Show Notes

00:53 - Welcome to the Cloud Accounting Podcast!
01:27 - What are you looking forward to the most at Scaling New Heights?
02:40 - How is the balance between desktop and cloud at the conference?
04:05 - What do you think about the Right Networks QB Desktop "Always On" announcement?
06:23 - Why not just shift to full cloud accounting?
07:53 - Any other SNH highlights?
08:32 - What's next for the Desktop Accounting Podcast?
09:04 - Follow the Desktop Accounting Podcast on Twitter

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