At Sage Intacct Advantage 2019, we had the privilege of speaking with Laura Wiler, Vice President, Finance and Business Operations at Sage Intacct, about her career trajectory, how she landed at Sage Intacct, the difference between accounting and finance, and her passion for mentoring. Laura also weighs in on the importance of treating your employees like your biggest asset, and the accounting-industry gender gap, why women make great leaders, and she concludes with some valuable advice for women entering the accounting profession. At the 2022 AccountingWEB Live Summit, we also had the pleasure of conversing with Eric Green, founder of Tax Rep Network.

Also, Roger, the accounting automation tool, has raised a $7.35M Series A. Guess who is one of the investors? Google admitted that it’s AI still needs human help, but you’ve got to listen to a recording of a call from Google Duplex to a restaurant to book a dinner reservation. Next, the New York Times details how a leaked N.S.A. hacking tool might be responsible for the recent malware attacks on CCH, Centrom and the City of Baltimore. Speaking about security, did you know that a surprising percentage of people will apparently give out their passwords in exchange for… chocolate? All this and more insanity in this episode of the Cloud Accounting Podcast with Blake Oliver and David Leary.

Rich Pickings: Fidelity’s Asset Allocation Podcast

Finally, it looks like Square could be the disruptor that makes cryptocurrency payments go mainstream. The payment processor and point of sale supplier has got a new patent that could make accepting Bitcoin and Ether super easy for millions of Main Street merchants. Blake is back from the annual AICPA Engage conference with lots of questions about the future value of the CPA. Meanwhile, H&R Block announced that they are acquiring Wave Financial, a provider of accounting software to millions of small businesses.

In app news, Bill.com is buying Divvy for $2.5 billion, and Veryfi raises $12 million. Meanwhile, Chime can no longer call itself a bank, and FloQast has created a coloring book and a 12-minute guided meditation to relieve the stress our friends are caught up in during busy season. Heather Smith is a chartered accountant, business and technology writer, author of eight books . Her educational YouTube channel has been viewed one million times and her Cloud Stories podcast is one of the top five accounting podcasts worldwide. As a working mom of two, Heather only had the hours between 9 and 3 to get meaningful work done, so she had to be as efficient as possible. Driving around to access client data just wasn’t going to cut it.

We discuss what’s holding firms back from offering more consulting services, and how to build confidence as a public speaker when you’re natural nerdy and shy. Finally, we all complain about how public accounting holds back junior staff from developing communication skills by keeping them away from clients, and why that’s a bad thing. A bunch of app news, including Xero’s “improved” bank feeds sign up process, Dropbox acquiring HelloSign, a pet services app merger, and Stripe raising more money. Former SBA head Karen Mills’ thinks that small business banking is going to get a lot better . Humans triumph over robots at the “world’s first robot hotel.” Why tomorrow’s best paying and most secure jobs will require “hybrid” skills that use both the left and right brain. Finally, why leaders shouldn’t worry about absenteeism because it costs a lot more than “presenteeism.”

SuiteFiles + Cloud Accounting Podcast

There are two ways to find viewership numbers for debits and creditss on YouTube. First, you can search for the show on the channel and if it has an account, scroll through the videos to see how many views it gets per episode. A Your ad-roll will be included in the appropriate episode on the record date. We shoot to record every Friday and release the episode the following Monday or Tuesday.

In app news, Lightspeed acquires Vend, $$ raises by Karbon, Autobooks, and Zeni , and a brief exploration of QBO’s latest feature add. We’ll round out the discussion with an examination of a new accountant-targeted app, Bookgel, which focuses on client acquisition. This past week, Wolters Kluwer’s CCH tax software division suffered a malware attack.

Blake Oliver, CPA

We get the lowdown on the QuickBooks Live experience, from a bookkeeper’s perspective, and Pam also tells us why she does QuickBooks Live in parallel to running her own growing firm that has both tax and bookkeeping clients. Join us as we talk about all the terrible financial advice on social media, and why we should do something about it! Also, let’s do something about diversity in accounting, which is, frankly, terrible. Plus, Bill.com stock pops on fantastic quarterly earnings, Xero gives Blake a treat for Valentine’s Day, whistleblowing grows with remote work as employees become less engaged, and Deloitte is not looking good when it comes to the CDC’s vaccine appointment system. Blake Oliver and David Leary sit down with Ted Callahan, the Global Accountants Leader at Intuit.

Blake and David discuss the implications of Thursday’s Supreme Court ruling that states can require out of state retailers to collect taxes on sales to residents, even if those retailers don’t have a physical presence in the state. David is back from his well-deserved vacation and ready to discuss with Blake Sage’s sudden move to oust Stephen Kelly as chief executive. Chairman Donald Brydon reportedly said, “We need to get a CEO that has SaaS in their veins.” Kelly joined Sage four years ago with a mandate to shake up the company, but despite the acquisition of Intacct, he has apparently been unable to turn things around quick enough for the board. Sage is facing increased competition from Xero on its home turf in the U.K and has been unable to gain market share against juggernaut Intuit in the U.S. David meets up with Mayumi Young, Founder and CEO of CPA MOMS®, at Scaling New Heights 2019 to talk time, technology, and how Society 5.0 will take over where the Information Age left off. In addition to her extensive CPA career, Young is a social innovator and entrepreneur, who has founded a social-enterprise incubator, Inspire Innovation Company, and as well as other companies that focus on different aspects of the financial side of life.

She shares GT’s approach to diversity, why firms need to approach diversity holistically, as well as tips for smaller firms seeking to benefit from greater diversity in their ranks. We’re joined for a second time, at Accountex USA in Boston, by Roman H. Kepczyk, CPA, and Director of Firm Technology Strategy for Right Networks. This time we’re examining the benefits of remote work, and talking about some of collaboration tools and strategies firms should use to enable remote work for their teams. Also, Square released Square Books, which Blake and David suspect could one day soon power a Square Accounting product — which could easily be the biggest threat to Intuit since Xero. We’ve got updates from Xero, Slack, Bill.com, Gusto, Veem, and Zapier.

Learn how Heather made the transition from management accounting to training, speaking, and consulting, and where she thinks the profession is headed when it comes to technology. David shares some exciting news that the firm that bought Blake’s cloud bookkeeping startup is itself getting acquired — by a Top 100 CPA firm . Speaking of remote work, Blake shares news that Vermont is offering to reimburse up to $10,000 over two years to new residents who relocate to the state to work remotely for out of state employers. And finally, Blake & David discuss the flurry of new app updates and features that were released the past few weeks.

Why sponsor a Podcast

Blake and David review what we know so far about QuickBooks Live, Intuit’s “assisted bookkeeping” service that the company was seemingly attempting to launch under the radar. A competing “Software Plus a Service”, inDinero, did not try to hide its acquisition of Indianapolis-based accounting firm mAccounting. Meanwhile, FreshBooks has released a new double entry accounting feature, and KPMG decided to give up on SMB accounting in the UK after trying for five years to make it work. Finally, Bill.com announced a partnership with American Express. 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 and specifically the problem with accounting for employees as costs instead of assets.

• He describes the joys of RV living, what it’s like to have a remote firm, and offering no-code automation services to clients.
• Amanda shares what inspired her to start her own conference, why it’s called a “salon,” what makes the Accounting Salon different, and how to nominate yourself to be invited next year.
• Laura also weighs in on the importance of treating your employees like your biggest asset, and the accounting-industry gender gap, why women make great leaders, and she concludes with some valuable advice for women entering the accounting profession.
• Here’s your weekly accounting and bookkeeping news roundup (with a tech-focused twist).

He sat down with us at Accountex USA this summer to talk about why proper cash flow is crucial to business success and why accountants and bookkeepers should start with cash when it comes to adding advisory services. Like Mike says, you don’t want to just be a “trusted advisor” — you want to be a “necessary advisor.” In this episode, we cover a survey that shows the impact of COVID-19 on the accounting profession, why the second installment of Paycheck Protection Program money may already be spoken for, how federal CARES Act unemployment benefits are ruining PPP, and a half decade of SBA security lapses. We’ll also talk about resources to track PPP loan forgiveness, how having a digital currency could spare us all of this stimulus payments pain, and how to decide who to let go. A reality star has been charged with fraud for using his $2 million PPP loan to buy a Rolls Royce and bling! We’re back with more news about the latest PPP guidance, plus the impact of COVID-19 on accounting jobs, some follow-up on MyPayrollHR, and Senator Burr’s alleged insider trading scandal.

My accounting career began in 2012 when I founded Cloudsourced Accounting, an online bookkeeping and cloud integration firm. We were one of the first Xero bookkeeping partners in the United States and led the way in leveraging cloud accounting and online project collaboration tools to provide our clients with a superior customer experience. The Federal Tax Updates podcast is a recent addition to the Earmark Media network of accounting-focused podcasts. In this episode, Roger and Annie discuss the most recent IRS updates and recommendations for tax preparers dealing with the surge of inaccurate ERC claims. They also provide some detailed insights into filing extensions for clients.

We’ll also examine seven reasons to date a finance pro, Rhode Island’s 1040 form emojis, updates from Xero, FreshBooks, Kashoo, Joust, and Receipt Bank. Wrapping things up, we’ve got updates on MyPayroll HR, news about an unfortunate phishing scam that hit the Puerto Rican government, and why people don’t feel like leaving their hearts in San Francisco any more. CPA Practice Advisor has announced their annual “40 Under 40” in the accounting profession for 2018. Congrats to our friend and interview victim Dr. Sean Stein Smith for making the list! His Cloud Accounting Podcast episode will drop in the coming weeks.

This episode is sponsored by BQE Software and was recorded via Facebook Live on June 14th. David and Blake interview BQE Founder and CEO Shafat Qazi, who then gives us a demo of BQE Core, a cloud-based solution that offers integrated accounting, project management, and business intelligence designed specifically with professional services firms in mind. It’s a little hard to picture the demo without a visual, but even if you don’t listen to the full demo, be sure to skip to around the 43 minute mark.

AICPA issues a press release about Ukraine; Visa and Mastercard pull out of Russia, and more. Blake sits down with Wayne Chang, founder and CEO of Digits, to learn why investors gave Digits $65 million at a $565 million valuation — for a financial reporting tool with as yet no paying customers. Chris Vanover, CEO of AuditClub and former audit partner, explains why auditors are set up to fail and how AuditClub is looking to revitalize the audit profession in the United States with a new staffing model. Evan Goldberg, Executive Vice President and Founder, NetSuite joined David and Blake, at SuiteWorld 2022, to share his excitement about some of NetSuite’s newest features. We also discuss taming the hairball, and Evan dropped some not-yet-public news about NetSuite.

David and Blake catch up with Amanda Aguillard, founder of the Accounting Salon, a different sort of accounting-focused gathering in its second year in New Orleans. Amanda shares what inspired her to start her own conference, why it’s called a “salon,” what makes the Accounting Salon different, and how to nominate yourself to be invited next year. Mike Milan AKA “Cash Flow Mike” is one of the highest-rated instructors at the nation’s most prestigious banking schools on the topic of financial management for small business owners.

Ex-Big Four Auditor Explains Massive Audit Failures

Blake and David are back in 2019 with an episode all about what the shutdown means for tax season, employment verification, getting news from the IRS, and more. Also, learn why perks such as foosball tables no longer cut it for workers and why David thinks 2019 will be the year of instant payments. A question about QuickBooks Live made it into the latest Intuit earnings call! In other Intuit news, the company recently caught and stopped a hack. Also, we take a look at ProAdvisor feedback from the Joe Woodard online town halls. In non-Intuit news, Jamie Dimon is jealous of Square’s innovations, Abacus adds travel booking to its expense management app, and a new study suggests switching jobs is the easiest way to make more money.

MyWorkpapers improves Excel integration with Excel Connect HMRC to tender £4.5bn contract for software services to remove legacy tech Digital promissory notes first from Lloyds (modernising 4000 year old transactions!) Comma updates – hiding payroll payments from users who didn’t set them up, SVB no… Switching things up in this episode with the introduction of a rant of the week, top tips in the form of networks we think are worth joining. Also a mini intro to Conrad Ford, ex Founder of Funding Options and now CPO/CSO of Allica Bank who is looking to shake the accounting tech market back up. For those curious about accounting tech, Blake and David Leary do a great job hosting the show.

Even amidst the unfathomable backlog of returns, and other things we love to hate about the IRS, Eric gave us some ideas on how we can learn to be less negative and more loving when it comes the top tax organization. At Xerocon 2022 in New Orleans, David and Blake meet up with Miguel Otchere-Marshall, Founder and CEO of Nelopy, and learn how he went from being told, “You have no experience” to building a thriving cloud-based firm and how a Xero partnership helped him succeed. Copyright of underlying podcast content is owned by the publisher, not OwlTail. Audio is streamed directly from David Leary & Blake Oliver, CPA servers. Pecializes in cloud technology and was named a 40 under 40 by CPA Practice Advisor. We’ve got advice on tackling the talent shortage written with input from US accountants specifically for US accountants.

Ranking is based on relevancy, blog post frequency, social metrics, domain authority, traffic and many other parameters. We routinely remove inactive blogs and those which are no longer relevant to a given list. List is updated as we receive new blog submissions and re-ranked every few weeks. Cloud Accounting Podcast launched 5 years ago and published 377 episodes to date.

Today, we’re talking about how economic confidence is recovering to near pre-pandemic levels for finance leaders. We’ve got exciting news about accounting conferences, including Scaling New Heights, and AICPA ENGAGE being rescheduled. We’ll dig into Deloitte’s role in the California unemployment debacle, the huge increase in demand for payroll services, and explore the advantage accountants have over architects.