Displaying episodes 1 - 30 of 276 in total

Transforming Hotel Accounting With Megan Walker

We're live (well, we were live when we recorded this) from Sage Transform 2021. Today's special guest is Megan Walker, CPA. She's the Vice President of Accounting and Finance at Oxford Collection, a group of hotels located in 15 different cities across California, Idaho, Oregon, and Washington. Megan is sharing the details of her career with Oxford, as well as some of the struggles, and successes she's had with implementing more efficient processes, and ERP software to create an effective accounting solution for all the Oxford properties!

Feed The Pig

Happy After Thanksgiving! Today, we've got a ton of listener feedback, including the question of our anti-desktopness, how one very creepy pig (man in a pig costume) may have traumatized the younger generations enough to avoid becoming CPAs, and a college professor's view of real-world experience v. theoretical learning. Of course, we have more news on the IRS, and their hunt for the perfect app (developer), and how more people are sending more letters to the IRS to discuss what they should do better! There's PPP fraud news, with an eye or two on Blueacorn, and Womply, a lesson on fraudulent marketing from AmEx. On a bubblier note, we've got some job listings, if you're keen on spirits of the wine, and beer varietals! In app news, we've got funding raises from simPRO, and Payhawk, and updates on Sage's latest release, Sage for Accountants. We'll also talk about AI, and audit, and give you some ideas about building stronger relationships in the Zoom Era! All this, and more! Grab some leftovers, and join us!

CPA Evolution Is Missing The Weeds

News, and opinions abound in this week's episode! We've got more news from the world of the IRS about how four senators are either for, or against (we're not quite sure) a 'place-holder service' called enQ, and why the IRS reform could raise more revenue than expected. We've also got the latest on SPAC shenanigans, and the new wave of restatements to account for "accounting errors." In more positive news, we're getting into the weeds about the CPA Evolution Model Curriculum revision, and what it means for accounting education; what it got right, and what it totally left out. In app news, we'll look over the earnings from Intuit, and Sage, and what these companies are doing to step up their games. We've got raises, small, and large, from the likes of Outmin, Pixie, Formstack, and Practice Ignition, and we've got a whole host of updates from the QBO camp. In other news, we've got a story about deep-fake voice cloning, $35 million missing, and why everyone should employ a variety of verification factors that can prevent this kind of crime from becoming second nature. Grab a beverage of your choosing, and join us!

The Sage Advantage With CTO Aaron Harris

We're live from the Sage Transform 2021 conference at The Venetian in Las Vegas! In this bonus episode, we meet and talk with Aaron Harris, Global CTO of Sage about all things multitenancy, metaverse, and mesh, the data varietal. We'll also get into the Sage advantage, and how Sage envisions their future!

Accounting Metaverse

There's a lot going on in the accounting metaverse! We've got a ton of takeaways from Sage Transform (the annual Sage Intacct conference), some excellent listener feedback on crypto, to which we provide clarification on our crypto "beliefs," and questions. There's a ton of techy accounting app news, including Expensify's IPO, Xero's Square of Locate Inventory, Toast earnings, and new feature releases from Bill.com, Melio, and Relay Financial. We'll also discuss Legal Zoom's acquisition of Earth Class Mail, and inspect funding rounds by Wrapbook, ZenWork, and Knowify.

The Biggest Accounting Firm (And Top NetSuite Partner) You've Probably Never Heard Of

Escalon provides accounting and business services to over 3000 companies. They have 800 employees worldwide and have been operating for 16 years, but you've probably never heard of them. That's because they're not a CPA firm, so they don't show up on the traditional rankings. In this interview recorded at the 2021 SuiteWorld conference, we chat with Anurag Pal, CEO of Escalon. Join us to learn how Anurag has grown his team to become one of the top NetSuite accounting partners in the world.

The NetSuite Data Warehouse Kicks Excel To The Curb

We speak to Joav Bally and Marc Holliday about the importance of data analytics and specifically the new NetSuite Data Warehouse featured at SuiteWorld 2021. The Data Warehouse promises to help NetSuite companies get all of their financial and operational data in one place to generate new insights that were not possible previously.

March of Dimes CFO Dave Damond Gives His Two Cents

Dave Damond, CFO @ March of Dimes, shares his thoughts on best practices for implementing new accounting software, why he uses NetSuite, what's on his agenda to add to his systems in the coming year, and how nonprofits can be the best stewards of money. Recorded in-person at the 2021 NetSuite SuiteWorld conference.

Intuit Kills QuickBooks Desktop

News from the (virtual) QuickBooks Connect conference, Intuit is shutting down QuickBooks Desktop in the UK, Zillow loses billions letting an algorithm buy houses, most firms turning away work because they don't have enough staff, 2 in 5 accountants too drained to work, what is stopping accounting firms from offering CAS, relocation bonuses for remote workers, Botkeeper raises $$$ from Paychex founder, Patriot Software raises $$$ from the Walton family, Microsoft brings JavaScript to Excel, and more!

School of Rock CFO Schools Accountants

This bonus episode features an interview with School of Rock CFO, John Cappadona. It was recorded in October 2021 at the SuiteWorld conference in Las Vegas. Blake and David chat with John about the two key performance indicators he tracks as CFO of School of Rock, how the business model works, why School of Rock relies on NetSuite, and John's advice for accountants who want to become the CFO.

What Accountants Can Learn from Apple's $19 Polishing Cloth

We’re back from Scaling New Heights 2021 with lots of reviews, and interested tidbits for your ears, including how you can win your very own Tesla! Also, in today’s episode, we’re looking at Rippling’s $6.5 billion valuation, and Woodard’s new partnership with Wolters Kluwer. We’ve got news from Gusto, Audit Sight, and Xero, as well. We’ll also explore the FBI raid on Chinese POS PAX Technology, the nerve of Apple to market a $19 cloth, and maybe giggle a little bit when we discuss why anyone would defraud the PPP program for one single Pokémon card! In other news, we’ve got lists, surveys and reports on accountant app favorites, Office 365, and the decline of CPAs. We’ve also got news on Blake’s latest adventures, and some excellent listener mail! Grab a snack or five, and join us!

Using Data To Fuel Growth With NetSuite Founder Evan Goldberg

In this bonus episode Blake and David interview Evan Goldberg, Founder & EVP of Oracle NetSuite at the SuiteWorld 2021 conference in Las Vegas. Topics discussed include: When NetSuite was NetLedger, why Evan decided to start the Suite with financials, how NetSuite plans to grow, NetSuite's latest big new feature — SuiteBanking, balancing a Suite approach with a partner marketplace, the benefit of having all your data in one place, how to know when you're ready for cloud ERP, and more!

NetSuite's Never Ending Mission

Blake and David are back from SuiteWorld with takeaways galore! Also on the show: we'll explore what's really going on with the proposed bank reporting scheme, and talk about how Plaid is building a payments ecosystem. We'll look at a new survey says that clients prefer tech-savvy accountants, and discuss how Xero's making it easier to upload docs through Xero Me. We'll also examine why many employers would pay more for people advice, and look into Gusto's integration with Practice Ignition, and expansion into mobile device management. Because that's never enough, we'll also talk about Expensify going free, Fiserv's acquisition of BentoBox, Sovos' acquisition of Digital Planet, and Avalara's acquisition of CrowdReason. We'll also touch on the reasons why a shocking number of small businesses are out of compliance with out-of-state sales taxes, Intuit's rollout of Money by QuickBooks, and the IRS's use of videoconferencing. All this, and, of course, much more!

1000s Of Apps Could Lose Access To QuickBooks Online In 2022

We're getting the scoop on David's trip to Cancun, and Blake's trip to Taliesin West, and how vacations inspire thoughts of accounting. In other news, statistics show $600 billion paid to ransomware attacks in first half of 2021, which leads us to ponder on Jamie Dimon's thoughts on Bitcoin's lack of worth, and also whether crypto might be the cause of the next financial crisis. We'll check out why the USPS is offering paycheck cashing, and the ups and downs of the UPS Store offering bookkeeping. Then, we'll talk about how PE-backed firms will heighten the war for talent, why CAS practices are growing like crazy, and why SMBs need more tailored SaaS platforms. As if that weren't enough, we'll look at Microsoft's decision to shut down LinkedIn in China, and pontificate on whether enQ is genius or evil genius. All this, and more. Grab a snack and have a listen!

The One With Elizabeth Warren, Britney Spears, And Florida Man

Before David departs for sunny Cancun, we've got a lot to talk about! We've got some listener feedback on the difficulty getting the CPA (and whether it was worth it). We'll also talk about what CPA firms lay out as the top issues in 2021 and beyond. As per usual, IRS service levels continue to plummet, and we'll look at Florida Man's tax practitioner's terrible tax fraud scheme. In app news, Sage buys GoProposal, Xero's got updates, and FreshBooks buys FastBill. Google Drive is getting labels, Chargebee buys RevLock, and a new app, Pipe, lets you trade recurring revenue for cash. Meanwhile, Coinbase customers got hacked, and we've got more updates from Sage Intacct. We'll round out this pre-vacation episode with news about Elizabeth Warren's crusade against the Big 4 revolving door practices, and talk about whether a 1099 for bank accounts is in the works. Then, just for fun, #FreeBritney's got a new conservator - a CPA! Pull up a beach, grab a snack, or an umbrella-garnished beverage of your choice, and enjoy!

Earmark Excerpt: CPA Versus CMA With IMA President Jeff Thomson

This is an excerpt from Blake's interview with Jeff Thomson about the Certified Management Accountant (CMA) designation and how it compares to the CPA license. We learn that public accounting is no longer the only starting point in this profession, and that's one reason why the IMA opposes changes to the college accounting curriculum that may eliminate or reduce management accounting and cost accounting courses. Discover what it takes to become a CMA and the impact it can have on your career. Listen to the full interview on the Earmark podcast. To listen and subscribe visit podcast.earmarkcpe.com (or click the link in the show notes).

Excel And QuickBooks Hook Up

Welcome! Today, we're talking about one good reason to get your CPA, along with a host of news from the accounting world, including PwC's new mandate that allows staff to work remotely forever (with a catch), how work-life balance improves audits, but not job satisfaction, and why going back to the office isn't so great when teams are hybrid. FYI - if you feel the need to throw our names in the hat, nominations are open for the Accounting Today 100 Most Influential! In app news, Intuit hosts its 2021 Investor Day, while quietly acquiring DataDear to connect QBO Advanced with Excel. We've got some excellent listener feedback on Quicken v. QuickBooks, Avalara's acquisition of Track1099, Xero's day-long outage, along with more updates from QuickBooks Online. We'll talk about Sage's announcement about 800 job cuts, and how Lightspeed stock recently plummeted due to a short seller lawsuit (and 125-page article). Enjoy!

It's Not Too Hard To Get The CPA, It's Too Much Time And Money

We've got more discussion on the CPA this week, including whether or not it's too hard to get a CPA, along with other news, such as how AOC's dress should have said, "Tax The Met Gala," how departments in a company are becoming apps, and the IRS Tax Pro Account sees low adoption. Also, we'll talk about the revolving door of Big 4 and government, how California law requires disclosure of Amazon performance metrics, and KPMG urges boards to focus on climate risks. A New York law firm files class action lawsuit over QuickBooks Payments fees, Intuit launches a venture arm, China bans crypto, and the top virtual conference software for CPA firms. All the accounting news that's fit to use, right here!

Intuit Dome Needs A ProAdvisor Pavilion

Intuit secures naming rights to Clippers arena — for half a billion dollars! Meanwhile, some MailChimp employees aren't happy about the Intuit acquisition. Also, private equity is investing in more accounting firms, KPMG Australia gets lauded for cheating on ethics exams, why work takes so long in your firm, some lengthy PPP fraud sentences, the Elizabeth Holmes / Theranos trial begins, Xerocon 2022 is in the calendar, Toast plans for IPO, Zoom is investing $30 million in Neat, Chewy is building vet practice management, Rewind and Melio raise $$$, ADP adds vaccination status tracking, nobody (relatively speaking) is using Apple Pay, and more!

Survey Says Tax Preparers Charge Too Little, Too Late

On this episode, we'll finally talk about the results of the Drake Software 2021 tax preparer survey, along with the news that EisnerAmper bailed on the traditional CPA firm model (and even being a CPA firm), why KPMG UK set diversity targets for working class backgrounds, vaccine mandates at the Big Four, and Caleb Newquist's thoughts on why the IRS is looking into regulating tax return preparers. In app news, Facebook is buying $100M of unpaid invoices, Amazon is launching a point of sale; we'll look at what's new at Quicken, Clio makes acquisitions. Also, Notion is buying an automation/API company, and Expensify offers cash back. All this, and more, right here, right now!

How Deloitte Created A Marvel Hero

We've got a metric ton of news packed into this week's episode, including the rumor that Intuit is buying Mailchimp for $10B, Xero Tax in the UK gets personal, and there's talk about a digital driver license is coming to an Apple device near you! In app news, Neat releases NeatBooks, FreshBooks updates, Square announces a subscription invoicing product, Vic.ai raises $$$, Canopy integrates with QBO, and BakerTilly is set to acquire AcctTwo. We'll take a look at how Deloitte turned Simu Liu into a superhero, as well, and so much more!

The ROI Of An Accounting Degree

Is it too hard to become a CPA? Also, most companies continue to struggle to hire workers, we investigate the ROI of an accounting degree versus your other options, how to get an entry level job that requires 3 years of experience, Intuit's new bookkeeping certification (and how you can use it in your firm), how a video resume could get you your next job, is Intuit building QuickBooks Payroll Live? Zoom updates, Pry raises $4.2 million, Ramp, Zeel, Flexio, and Synder join the party, and more!

Intuit's Aggressive Move To Combat Square Cash App

We're kind of all over the place today, but it's well worth a listen or three! We've got a TikTok sorority future CPA's take on managing the millions that her sorority took in, why an interior designer loves doing bookkeeping, how to work two jobs at once, and PwC is (again) delaying return to office. We're diving deep on EY's launching of 150 credit hour effort - but we think maybe we should just cancel 150 hours). We'll also talk new suits, and how Ed Mendlowitz picked a fight with everyone in his recent blog post. We'll ponder over why fintechs are to blame for PPP fraud, and why accountants should audit AI companies, and it strikes again - the "Accounting Firm Xero." In app news, Blue J raises a bunch of money to add artificial intelligence to tax research, and Credit Karma integrates Money with QuickBooks Online. All this, and much more. Take a break from that second or third remote job, and have a listen!

Accounting Firm FreshBooks Becomes A Unicorn

Lots of ground to cover today, including why millions of PPP borrowers still haven't applied for forgiveness, what firms would have done differently this past tax season, news on a new infrastructure bill held up by crypto rules, and what closing date set for SVOG means. In app news, we'll examine why hundreds of AI tools developed to predict coronavirus infections failed miserably. Then in news of gigantic funding rounds, Gusto takes in a lotta cash, and FreshBooks (an accounting firm) has become a unicorn, raising $130M; Lockstep also got some cash. Moving on to upgrades, and the like, we're talking Xero, their app upgrade, and their collab with Revolut. We'll talk about how the IRS is using QR codes, take a look at the ZenBusiness Money launch, US Bank's purchase of Bento for Business, and Check's (the Stripe of payroll) new QBO integration. All that, more, and reviews from you! Thank you!

Square Buys Afterpay for $29B, Could Have Bought Xero for Less

This week, we've got all the news that's fit to use, including a few interesting acquisitions, such as Square's acquisition of Afterpay. We're wondering why they didn't buy Xero instead. Also, Rootworks buys CPA Practice Advisor, and Dext snags Greenback to to make importing transactions even smoother. In app news, we're talking Windows 365, where you can now subscribe to Windows-in-a-browser-tab, and we'll look at Earth Class Mail's new Android app, some Xero updates to their App Marketplace, and app. It's a slow funding week, but Zeni raised $34 million. If all that info hasn't boggled your brain, we've got survey results on what's really killing productivity, and also how much stuff (like your company's data and passwords) do people hang on to when they move from job to job? Check it out!

Alright, Alright, Alright

Feeling dazed, and confused? We've got a lot of news this week to level you out! We're talking about our recent trip to AICPA Engage, the accounting knowledge super-spreader event of the year, and more accounting conference announcements. Then, we'll dive into all things SBA, and PPP. If that wasn't enough, we've got news on the IRA front, including updates on how IRAs are maybe being abused or misused, and how you can avoid paying taxes on crypto mining from inside of an IRA. We've got survey-related proof that texting with clients is a winning strategy, and we'll also talk about all the stuff that just doesn't f***ing matter to entrepreneurs (and how it can help you market better). If your mellow is still harshed, we've got news on Matthew McConaughey's investment in employee management & payroll app Homebase, and app news, including Xero's 11 hour outage, a new way to use apps in Zoom, FreshBooks updates, and Odoo's $215M raise. Clearly, you'll need snacks!

Why You Should (Not) Work 12-Hour Days

It's almost back-to-school time, so it's a good time to talk about how AICPA is trying to produce more accounting students by pitching high school guidance counselors on accounting careers. For the college kids, we'll talk about elite (non-accounting) masters degrees that cost six figures, and also, why it's a really bad reason for grads to work 12-hour days, 7 days per week. We'll also examine the sad state of accounting standards. In app news, Bill.com acquires Invoice2Go, Visa acquires CurrencyCloud, finance chiefs are still trying to replace Excel, and much more!

The End of the Beginning for Cloud with Ben Richmond of Xero

Ben Richmond CA is the Country Manager for the United States at Xero. He sat down with Blake and David in New Orleans to chat about what's been going on at Xero during the pandemic, what he's been up to, the impact on accounting firms, what's next for Xero, where and when the next US Xerocon will be, and much more

Intuit TurboTax Drops Out of IRS Free File

We're live from the Big Easy, and we're talking about Intuit dropping out of the IRS Free File program, as well as how a startup called Ivix aims to help governments catch tax evaders around the world. There's more voicemail feedback on the CPA issue, and in app news, Relay Financial releases advanced bill pay, accounting startup Proper raises $9 million to do the books for property managers, and we've got updates from Xero, QuickBooks, Apple, and more!

Tax Evasion & Spreadsheets: A Lesson From Trump's CFO

Today, in news of the less-than-intelligent, we're talking about how someone's meticulous bookkeeping skills may lead to the downfall of the Trump Organization CFO. We're also discussing an analysis of the Biden tax plan, and qualities that make a good accounting firm partner. Meanwhile, not shockingly, cash payments dropped during the pandemic. In app news, Gusto makes its second acquisition, and algorithms at Chime and Amazon are doing not-very-nice things to regular people. All this and more, right here, right now!

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