Ernst & Young Auditors Under Scrutiny After String of Massive Frauds

We're celebrating the passing of the final official tax deadline of 2020 with a huge slew of news! We'll dive into what E&Y has in common with a string of imploding firms. Then we'll Zoom into a wide array of updates and features that will take the yawn factor out of videoconferencing, and enhance employee safety, and enable hybrid workforces. If you've been itching to travel, a new study reveals that it's nearly impossible to catch COVID on a plane. Venturing into other news, we'll talk about Robinhood, and the lack of security in many newer fintech players, and we look at Revolut's play to get a bank charter in Cali. Then, we'll round out the party with some IRS updates, PPP happenings, and we'll also see who's not charging for PPP services. All this, and party favors! Enjoy!

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Show Notes


03:35 – Reviews from Julie Sigety, CPA, Angela, and MarieP86! 
 
06:44 – String of Firms That Imploded Have Something in Common: Ernst & Young Audited Them
https://www.wsj.com/articles/string-of-firms-that-imploded-have-something-in-common-ernst-young-audited-them-11602863319
 
13:12 – New Zoom Enhancements to Help Customers Re-Enter the Office & Enable Hybrid Workforces
https://blog.zoom.us/new-zoom-enhancements-to-help-customers-re-enter-the-office-enable-hybrid-workforces/

18:00 – Introducing Zapps, Bringing Best-of-Breed Apps Into the Zoom Experience
https://blog.zoom.us/introducing-zapps-bringing-best-of-breed-apps-into-zoom/

18:24 – Bring Zoom Into Your Apps With Our Customizable SDK
https://blog.zoom.us/bring-zoom-into-your-apps-with-our-customizable-sdk/

18:54 – From The Folks Who Brought You Boring Meetings: CEOs Want To Ditch Sterile Zoom Calls
https://www.npr.org/2020/10/14/923428794/from-the-folks-who-brought-you-boring-meetings-ceos-want-to-ditch-sterile-zoom-c

23:11 – It's Almost Impossible to Get COVID-19 on an Airplane, New Military Study Suggests
https://www.military.com/daily-news/2020/10/15/its-almost-impossible-get-covid-19-airplane-new-military-study-suggests.html

26:53 – Report: Hackers Hit 2,000 Robinhood Accounts
https://www.pymnts.com/news/security-and-risk/2020/report-hackers-hit-2000-robinhood-accounts/

30:16 – What’s New in the Sage Intacct Release 3
https://www.accttwo.com/blog/whats-new-in-the-2020-sage-intacct-release-3

33:46 – European fintech giant Revolut is close to applying for a bank charter in California, sources say
https://www.cnbc.com/2020/10/12/european-fintech-giant-revolut-is-close-to-applying-for-a-bank-charter-in-california.html

35:55 – Square Introduces Terminal API For Payments
https://www.pymnts.com/api/2020/square-introduces-terminal-api-for-all-in-one-payments/

38:33 – TD Bank files lawsuit against Plaid, accusing it of trying to 'dupe' consumers
https://ca.finance.yahoo.com/news/td-bank-files-lawsuit-against-194530182.html

41:24 – Intuit QuickBooks achieves open banking milestone

42:51 – QR codes added to IRS balance-due notices
https://www.accountingtoday.com/news/irs-adds-qr-codes-to-balance-due-notices

44:31 – Starling Bank small business customers get PayStream accounting platform as an option
https://www.techradar.com/uk/news/starling-bank-small-business-customers-get-paystream-accounting-platform-as-an-option

45:11 – Receipt Bank launches 'one place to pay' app
https://www.finextra.com/pressarticle/84473/receipt-bank-launches-one-place-to-pay-app

46:34 – Treasury encouraged banks to prioritize PPP loans for existing clients, hurting minority- and women-owned small businesses, House report says
https://www.cnbc.com/2020/10/16/treasury-encouraged-banks-to-prioritize-ppp-loans-for-existinG-clients.html

50:32 – Survey: Who’s Not Billing for PPP Services?
https://cpatrendlines.com/2020/10/12/more-than-1-in-5-accountants-are-not-charging-for-ppp-services/

53:19 – Wells Fargo terminates employees over potential COVID-19 relief fraud
https://www.foxbusiness.com/economy/wells-fargo-fires-employees-over-potential-covid-19-relief-fraud

55:01  – Voicemail!!  


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