The Accounting Podcast
471 episodes - English - Latest episode: 6 days ago - ★★★★★ - 207 ratingsThe Accounting Podcast (formerly the Cloud Accounting Podcast) is the world's #1 accounting, bookkeeping, and tax podcast! Join us weekly for a roundup of accounting news, analysis, and interviews. Plus, earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at https://earmarkcpe.com.
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Episodes
Remote Accountants Get Paid Less
April 19, 2024 19:30 - 1 hour - 64.5 MBBlake and David delve into the effects of remote work on accountant salaries and the mental health challenges faced by auditors at Big Four firms. They inspect a recent study showing lower pay for hybrid workers compared to fully remote or in-office employees. They also contemplate the future of work organization inspired by Bill Anderson, CEO of Bayer, and discuss the potential impact of AI on the accounting profession, the accuracy of AI-related surveys, and the misrepresentation ...
Delivering Nuclear Value in Accounting
April 15, 2024 22:30 - 29 minutes - 27.3 MBJoe Woodard joins Blake and David to examine how accountants and bookkeepers can increase the value of their services in the eyes of their clients. Joe introduces the Cobb value curve, illustrating how differentiation and relative value impact pricing. He emphasizes the importance of offering unique, high-value services like controllership and financial planning to stand out from commoditized offerings and command premium prices. Meet Our Guest, Joe Woodard LinkedIn: https://www.l...
Get Rich Doing Bad Audits
April 11, 2024 20:30 - 52 minutes - 48.1 MBBlake and David dive into the concerning trend of small CPA firms conducting shoddy audits of large companies and SPACs, raking in big fees while facing minimal consequences for deficient work. They also discuss the latest accounting app funding news, the power of AI for crafting persuasive arguments, and the American Institute of CPAs' puzzling resistance to changes in CPA licensure requirements and touch on the growing importance of client accounting services for public accounting...
Pizza Parties Boost Morale
April 04, 2024 21:00 - 59 minutes - 54.9 MBBlake and David dig through the latest accounting news, including the effectiveness of pizza parties in boosting accounting firm morale, the record number of baby boomers reaching retirement age, and the impact on Social Security, as well as the massive amount of COVID-related fraud originating in South Florida. They also take a look at audit integrity issues, the long working hours in accounting, and some of the latest app headlines. Sponsors LiveFlow - http://accountingpodcast.pr...
Modern Pricing Models Drive Higher Valuations for Accounting Firms
April 03, 2024 14:00 - 31 minutes - 28.5 MBBlake and David meet with M&A advisor Charles Bedard about valuations for accounting firms looking to sell. Bedard explains that subscription-based "modern" firms command much higher multiples than traditional hourly billing firms. Bedard provides specific valuation ranges based on revenue and EBITDA multiples and highlights the importance of recurring revenue. He also offers actionable tips for firm owners to increase their value in preparation for an exit. Meet Our Guest, Charles...
A Sizable Portion of Accountants See No Use Case for AI
March 29, 2024 17:00 - 58 minutes - 53.4 MBBlake and David look at the potential impact of AI on the accounting profession and discuss how AI tools like ChatGPT can boost productivity by automating tasks, improving communication, and assisting with problem-solving. They also examine the implications of these efficiency gains on the billable hour, predicting that firms will need to adapt their pricing strategies as a result. Finally, they review the results of a recent Accounting Today survey, which reveals accountants' perce...
Do Audit Opinions Matter? A Discussion with Professor Ed Ketz
March 26, 2024 20:00 - 23 minutes - 21.1 MBProfessor Ed Ketz of Penn State joins the show to discuss audits' current state and future. We delve into the relevance of audits and explore the value of unqualified opinions in making audits meaningful. The discussion also touches on the overstandardization of audit reports and how this can lead to investor misunderstandings. Professor Ketz brings a unique perspective, sparking a debate on whether the existence of the unqualified opinion creates value rather than the content withi...
Banks Will Fail & Listener Mail
March 22, 2024 00:30 - 1 hour - 59.4 MBBlake and David start with a discussion on Federal Reserve Chairman Jerome Powell's testimony regarding the failure of small and mid-sized banks due to exposure to the commercial real estate sector. They also get into Minnesota's CPA licensure bill for 150-hour requirement alternatives and KPMG's audit findings on the Department of Education and the cost of the federal student loan program. Rounding out the episode, they answer listener questions and comments on topics including the...
Earmark Media Presents: Corporate Transparency Act Ruled Unconstitutional (Federal Tax Updates)
March 18, 2024 22:30 - 17 minutes - 15.6 MBHere's a preview of Blake's recent appearance on Federal Tax Updates, where he joined host Roger Harris to unpack some of the biggest tax stories making headlines, from a federal court ruling deeming a new business reporting law unconstitutional to the staggering estimates of tax evasion by the wealthy. To hear the complete discussion, visit Federal Tax Updates: https://share.transistor.fm/s/d8c45ed9 Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com ...
The Race to Automate Audits
March 15, 2024 18:00 - 22 minutes - 20.4 MBBlake and David meet up with AJ Yawn, partner at Armanino LLP, about Armanino's new tool, Audit Ally, which streamlines and automates SOC 2 audits. They discuss the growing trend of tech companies entering the audit space and commoditizing services like SOC 2 audits, and explore how Audit Ally aims to help accounting firms compete on price and quality by utilizing AI and machine learning. Meet Our Guest, AJ Yawn LinkedIn: https://www.armanino.com/company/people/aj-yawn Learn about...
IRS Agents Working From Home Can Watch H&R Block Reality TV Show
March 12, 2024 21:00 - 1 hour - 60.7 MBWe're celebrating surpassing 10,000 YouTube subscribers! Thank you! Blake and David look into H&R Block's new reality show about teaching people life skills like doing their taxes. They also talk about workflow automation challenges for accounting firms, how the IRS is contacting wealthy non-filers, and the Trump Organization CFO pleading guilty to perjury. They also break down the SEC's extensive new climate disclosure rules and the job opportunities this could create for accountan...
SPAC Attack: Why Withum Got Slapped with a $2M PCAOB Fine
March 08, 2024 22:00 - 15 minutes - 14.2 MBBlake and David meet with Chris Vanover, President of CPAClub, about the recent $2 million PCAOB fine against Withum for poor audit quality on many 2021 SPAC audits. They examine Withum's 500% increase in audits with minimal staff growth, leading to overworked teams and partners working 100+ hour weeks. They also debate whether the fines are large enough to change behavior or just a cost of doing business. Meet Our Guest, Chris Vanover LinkedIn: https://www.linkedin.com/in/chrisvc...
Weighing The Risks and Rewards Of Surge Pricing Tax Returns
March 07, 2024 00:00 - 1 hour - 65.1 MBFast food chain Wendy's considers demand pricing – should your firm, too? We discuss the potential for surge pricing tax returns to smooth workload and raise revenue. We also dive into new AI-powered accounting productivity tools from Sage and Xero, Zoho's $5 per user practice management suite, and analyze the results of our listener survey. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - http://accountingpodcast.promo/zoho Client Hub - http://accountingpodcast.p...
Trust Me, I'm an AI: Aaron Harris on the Future of Accounting
March 01, 2024 19:30 - 24 minutes - 22.3 MBAaron Harris joins Blake and David to discuss Sage's new AI offering, Sage Copilot, which brings generative intelligence into Sage Intacct to eliminate routine accounting work. They discuss specific use cases Copilot handles, like chasing people for approvals/documents, drafting emails, and answering ad hoc questions without running reports. Aaron also shares his perspective on AI’s impact on the accounting profession and why increased automation will make human review and trust eve...
Lyft's Big Financial Typo
March 01, 2024 04:30 - 59 minutes - 54.6 MBBlake and David discuss the Lyft financial typo that sent its stock price soaring. They also examine how AI-powered help desks and customer service are improving efficiency by 10-20%, and look at some alternatives to the pesky 150-hour rule. Other news includes the future of commercial real estate taxes, the use of AI tools to monitor employee communications, and how the IRS plans to collect over $500 billion more in owed taxes. Sponsors OnPay - http://accountingpodcast.promo/onp...
Why Accountants Quit Public Accounting Firms
February 24, 2024 02:30 - 23 minutes - 21.4 MBBlake and David meet with Geoffrey Brown of the Illinois CPA Society to examine some key findings from ICPAS's recent retention report, including top reasons for turnover, where departing accountants are going, and ideas for improving work-life balance. Meet Our Guest, Geoffrey Brown LinkedIn: https://www.linkedin.com/in/geoffrey-brown-cae-9039484/ Twitter: https://twitter.com/IllinoisCPA Facebook: https://www.facebook.com/ICPAS Instagram: https://www.instagram.com/illinoiscpasoci...
The Biggest Check You Can Write to The IRS
February 21, 2024 23:30 - 56 minutes - 52.2 MBBlake and David break down the IRS's $99 million paper-check limit, how states use tax credits to attract movie productions (sometimes unsuccessfully) and give their take on actor Kenan Thompson losing $1.5 million to fraud as a child. They also cover couples arguing over finances, AI answering tax questions in California, accounting rules hiding commercial real estate loan losses on bank balance sheets, and the lack of action from accounting standards boards to change these rules. ...
From Carpet Cleaner to CPA: An Accounting Student's Journey
February 16, 2024 23:30 - 22 minutes - 20.8 MBBlake and David talk with Chayton Farlee, an accounting student at the University of the Pacific, about his journey into accounting and his thoughts on the profession. They discuss his inspiring path from cleaning carpets during the pandemic to pursuing his CPA and CMA, the disconnect many students feel between accounting theory and real-world application, the importance of bookkeeping skills, and considerations around starting his career at a Big Four firm or a smaller, more lifest...
Beware of E-Filing Your Tax Return
February 15, 2024 20:00 - 1 hour - 60.2 MBBlake and David discuss a wealth of timely topics, including the risks of filing taxes electronically versus by mail, the impact of the 150-hour rule on diversity in the accounting profession, and how major accounting firms are turning to private equity funding to accelerate growth. They also explore news from the artificial intelligence space, including Google's unveiling of Gemini, as well as ADP's new AI assistant, and examine how deepfake video calls enabled the theft of $25 mil...
Building a Bank for Accountants and Small Businesses
February 08, 2024 00:15 - 30 minutes - 28.3 MBYoseph West joins Blake and David to examine Relay Financial's background and their ambition to solve banking problems by becoming a bank themselves, designing the ideal user experience, and overcoming regulatory challenges. West also outlines Relay's redesigned accountant partner program, its many benefits, and upcoming features like receipt capture. The discussion turns to best practices for incorporating technology like Relay into accounting practices to solve client problems and...
What to Do if You Can't Find an Accountant for Tax Season
February 02, 2024 20:00 - 1 hour - 62 MBCNBC tells taxpayers to seek out EAs if they can't find a CPA, crypto fraud by a pastor who claims God told him to do it, issues with IRS taxpayer notices and filing, accounting irregularities at agricultural giant ADM send the stock plummeting, CPA reciprocity is a pain, AI updates including Microsoft Mesh VR meetings in Teams, FTC forcing TurboTax to stop advertising as "free," Wave’s new paid subscription model, and the liquidation threat facing massive Chinese developer Evergran...
Listener Mail: Finding Balance with Tech & CPA Pipeline Problem
January 30, 2024 21:00 - 1 hour - 61.6 MBThis week, Blake and David Leary sort through the mail and respond to a variety of listener emails and voicemails. Amongst the topics covered, they explore working as a TurboTax preparer to barriers faced by career-changers entering public accounting. They go on to debate the root causes behind accounting's heavy workloads and offer perspectives on how licensing rules and firm profitability shape experiences. Sponsors OnPay - http://accountingpodcast.promo/onpay A2 Advisors - http:...
How To Take The Pain Out Of Busy Season
January 25, 2024 21:00 - 1 hour - 56 MBBlake and David discuss the challenges of busy season and achieving work-life balance as accountants. They also debate the value and investment risks of cryptocurrency and analyze global economic impacts like outflows from China's economy. They also review some of the latest AI trends including self-driving vehicle safety data, and examine some recent news regarding a software error falsely accusing hundreds, an SEC crypto ETF approval, and a feel-good small town tax budget balanced...
Pay Transparency Website Levels Playing Field for Accountants
January 23, 2024 14:40 - 24 minutes - 22.2 MBDominic Piscopo is the founder of Big4Transparency.com, an accounting salary transparency website. Dominic was inspired to start the site based on his experience discovering the disparity in compensation between his accounting job and what other accountants were making in the same city. To date, Big4Transparency.com has collected over 13,000 salary data points. In the episode, we discuss the value of using the platform for salary negotiation. Dominic also highlights trends in accoun...
Survey Says 80% of CPAs Support Alternatives to 150 Hours
January 19, 2024 18:00 - 1 hour - 58.7 MBBlake and David mull over the Arizona CPA Society's survey revealing that 80% of Arizona CPAs support 150-hour-rule alternatives. They also examine the UK Post Office scandal that led to hundreds of criminal convictions of postmasters, as well as Deloitte's recent massive audit failures, and the impacts of the talent shortage illustrated by delayed government audits in Wyoming. Wrapping things up, some reflections on the need for major reforms in auditing and regulation of the accou...
AI for Accountants - Exploring Rightworks Spark
January 17, 2024 22:45 - 31 minutes - 28.8 MBBlake and David meet up with TJ Lewis and Aaron Van Ruler from Rightworks about their new AI tool called Spark, built specifically for accountants on top of ChatGPT. They discuss how Spark helps accounting professionals by providing industry-specific content, tools, and assistants to enhance efficiency and expertise. TJ and Aaron also share details on Spark's capabilities, roadmap, and potential integration with other Rightworks products. Meet Our Guests TJ Lewis, Innovation Strate...
How Much Tax Preparers Charge
January 12, 2024 21:30 - 1 hour - 76.3 MBBlake throws his hat into the ring for President and CEO of NASBA! Hear how he intends to shake things up should he be chosen! Next, Blake and David unpack a survey on the surprisingly low tax-preparer fees across the country, discuss the headaches still posed by interstate CPA licensing, and consider some solutions like modeling CPA reciprocity rules! Grab some snacks and enjoy! Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Uncat - http://accountingpodcast.promo/unc...
Turning Staff Into Workaholics Makes Them Way Less Productive
January 05, 2024 14:00 - 1 hour - 58.9 MBIn this 2023 wrap-up, Blake and David discuss an appeals court ruling that audit reports are so generic they are essentially useless to investors. They also explore the concept of "productivity theater" where employees pretend to be constantly working, even though it leads to disengagement and burnout. Continuing the theme, they contemplate why mandatory weekend work persists and share ideas on how firms can improve work-life balance. Rounding out the discussion, they offer up some ...
Accounting Professor Bills Trump $900,000 for Expert Testimony
December 28, 2023 14:00 - 1 hour - 60.7 MBJust in time for the holidays, Blake and David examine the accounting professor from NYU who charged Trump nearly $900,000 for expert testimony. They also tackle issues around accountant retention and turnover, tax updates, the financial operations of Hamas, as well as Hunter Biden's indictment on tax charges, and tips for using spreadsheets in filmmaking and other creative projects. All this and more to keep you entertained while you wrap those last-minute gifts! Sponsors LiveFlo...
Building a Firm to the Right Size with Keila Hill-Trawick, CPA
December 22, 2023 22:00 - 1 hour - 65.2 MBKeila Hill-Trawick joins Blake and David to discuss her philosophy on intentionally building a firm to the "right" size, rather than pursuing endless revenue growth. She also explains how her firm narrowed its service offerings to focus on core recurring services like tax planning and fractional CFO work. Blake and David examine research on how much money Americans think they need annually to be happy, with millennials citing much higher targets. They also talk about an accounting r...
Solving the CPA Pipeline Problem: An Interview with AICPA's National Pipeline Advisory Group
December 21, 2023 16:30 - 28 minutes - 26.1 MBLexy Kessler, National Pipeline Advisory Group (NPAG) chair and Sue Coffey, Chief Executive Officer – Public Accounting with AICPA join us for a special bonus episode to address the accounting talent crisis and talk about how we can improve the CPA pipeline. Along with these issues, they also emphasize the importance of working together as a profession, being data-driven in their approach, and looking at the broader ecosystem of accounting, with updates and more comprehensive strate...
QuickBooks Desktop Is Dead. Long Live Online!
December 13, 2023 22:30 - 1 hour - 55.9 MBBlake and David discuss Intuit's announcement that QuickBooks Desktop will no longer be sold as new subscriptions after July 2024. They also talk about the need for changes in the accounting profession, such as simplifying financial reporting requirements and revising the 150-hour rule. In other news, they cover sanctions against China-based accounting firms, incorrect IRC claims by businesses, and the Adidas-Kanye West fallout. They also explore how AI can help explain complex conc...
AICPA Blames Boring Accounting Professors for Pipeline Problem
December 06, 2023 22:15 - 1 hour - 57.9 MBBlake and David discuss updates from the AICPA's Talent Pipeline Committee, including surprises about the high dropout rate of accounting majors in college. They also explore new custom AI capabilities in ChatGPT that allow users to create specialist bots and speculate on applications for accounting firms. They also cover lawsuits alleging Hollywood accounting tricks used by Disney to deprive financial partners of profits. Grab some snacks and enjoy! Sponsors LiveFlow - http://acc...
Listener Mail: Compilations, Talent Crisis, ESOPs, 120 v. 150, TurboTax
November 29, 2023 15:00 - 1 hour - 71.9 MBBlake and David sort through the listener mailbag to find out what you think! Amongst the letters, we’ve got opinions on accounting without assurance and the industry talent crisis, as well as potential unethical practices by some tax experts, and the need for accrediting standards for accounting programs. Blake and David also address the complex nature of the taxation system and emphasize the need for industry-wide changes to address ethical dilemmas. Join us to hear all this and s...
What's New in QuickBooks from Connect | Firms Turning Away Work Due to Staffing Shortages
November 22, 2023 00:05 - 1 hour - 68.4 MBWe're back from QuickBooks Connect 2023 with announcements, updates, new features, and improvements in QuickBooks Online. Also, EY got fined $3 million for cheating on ethics exams, and 42 percent of firms are turning away work due to staff shortages. Finally, we discuss the disruption of Alphabet's main search business by Microsoft, Amazon, and Apple in the AI-powered assistant space. Sponsors LiveFlow - http://accountingpodcast.promo/liveflow Zoho - https://cloudaccountingpodcas...
How to Survive Public Accounting and the CPA Exam
November 18, 2023 05:00 - 1 hour - 57.6 MBCPA Exam prep rockstars Peter Olinto and Roger Philipp join Blake and David to discuss the evolution of the CPA Exam over time, the importance of making studying entertaining, and challenges facing the accounting profession like public accounting burnout. Both Olinto and Philipp believe competition between CPA review courses drives innovation and helps students pass the exam, and they aim to make studying engaging through humor, memory techniques, and technology. Sponsors LiveFlow...
Earmark Media Presents: Unofficial QuickBooks Accountants Podcast
November 11, 2023 05:00 - 9 minutes - 8.27 MBListen to the full Unofficial QuickBooks Accountants Podcast here: https://share.transistor.fm/s/5586a16e Earmark Media Presents a bonus episode of Unofficial QuickBooks Accountants Podcast. Hector and Alicia dig into all the details and speculation around Intuit's newest cloud accounting product QuickBooks Ledger. Is it an affordable option for write-up clients or an over-hyped limited edition QBO? Listen to the full Unofficial QuickBooks Accountants Podcast here: https://shar...
Can AI Become An Accounting Expert?
November 09, 2023 02:24 - 1 hour - 62.6 MBBlake and David examine the downfall of FTX and founder Sam Bankman-Fried and look at some controversies around Deloitte auditors backdating audit paperwork in Canada, receiving only a minor fine. They also marvel at Donald Trump's attempt to blame accountants for alleged financial statement fraud in his organization. All this, and other news including NASBA's CEO's upcoming retirement, IRS budget cut updates, and generational differences around public accounting work environments. ...
Headlines: Maryland Can't Account For $1.4 Billion of Covid Funds
November 02, 2023 17:00 - 2 minutes - 2.14 MBAn independent audit reveals over $1.4 billion in questionable spending and lack of financial oversight at Maryland's Health Department during the COVID pandemic. We break down the audit's alarming findings, and the response from state officials committed to improving financial practices. Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great...
Headlines: How a Vegas Hotel Manager Allegedly Stole $773K in Guest Refunds
November 01, 2023 17:00 - 3 minutes - 3.28 MBA former Vegas hotel manager is accused of stealing over $773,000 in guest refunds and using the money to live lavishly. We unpack how he allegedly pulled off the massive refund scam and what could have been done to catch it sooner. Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliv...
Trump Trial Updates | Are You Coffee Badging? | Proof Americans Move for Lower Taxes
October 31, 2023 17:10 - 58 minutes - 54 MBAn embezzlement scheme at Aria Hotel costs MGM $770,000, an accounting firm apologizes for paying a staffer below minimum wage, problems with Workday ERP implementations for state and local governments, a spike in accounting enrollment at Purdue University, and tax migration trends between high-tax and low-tax states. Sponsors OnPay - http://accountingpodcast.promo/onpay Zoho - http://accountingpodcast.promo/zoho Keeper - https://cloudaccountingpodcast.promo/keeper Chapters (00...
Joshua Lance, CPA: A Humble, Thoughtful Leader
October 30, 2023 19:28 - 9 minutes - 8.84 MBToday, we are honoring the life of Joshua Lance, CPA, founder of Lance CPA Group, who passed away in October at the age of 40 after a battle with cancer. To commemorate Josh's life, we are playing a eulogy delivered by Kenji Kuramoto at Josh's memorial service this past weekend. Kenji represented the many voices in the accounting profession that Josh was a part of. Kenji shares stories about Josh's humility, thoughtfulness, and influence. Although Josh never sought the spotlight, he...
Headlines: Questions Surround Justice Thomas' RV Loan
October 27, 2023 21:12 - 2 minutes - 2.32 MBA recent report alleges Supreme Court Justice Clarence Thomas failed to disclose that a $267,000 recreational vehicle loan from a friend was forgiven, raising questions about potential tax issues and scrutiny around the justice's financial practices. Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We appreciate you! Follow and...
QuickBooks Launches Bill Pay | NetSuite Adds AI | How Financial Fraud Will Fill CPA Pipeline
October 25, 2023 19:30 - 1 hour - 56.2 MBBlake and David discuss the factors that impact accountant salaries, including location, experience, and industry, and highlight the correlation between accounting salaries and overall economic conditions, noting that periods of economic growth can lead to higher salaries. They also take a look at the partnership between PwC and OpenAI and speculate on the potential impact of AI on accounting consulting and fraud detection. All this and more, right now! Sponsors LiveFlow - http://...
Evan Goldberg on NetSuite Turning 25 and Pushing Boundaries with AI
October 19, 2023 07:00 - 20 minutes - 18.5 MBNetSuite founder Evan Goldberg discusses the company's 25th anniversary, new AI features like Text Enhance and Customer 360, and his long-term vision for intelligent assistants integrated with NetSuite. Meet Our Guest, Evan Goldberg LinkedIn: https://www.linkedin.com/in/evan-netsuite/ Learn more about NetSuite Website: https://www.netsuite.com/portal/home.shtml Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: ht...
Becoming Employee-Owned: How BDO Broke Out of the Partner Model
October 18, 2023 07:00 - 53 minutes - 122 MBWayne Berson, CEO of BDO USA, joins Blake and guest host, David Leary, on the Earmark Podcast to discuss BDO's recent transition to an employee stock ownership plan (ESOP), making it the first major accounting firm to implement an ESOP structure. They discuss how the ESOP aims to attract and retain talent in the accounting profession and provide employees at all levels with an ownership stake in the firm. Meet Our Guest, Wayne Berson LinkedIn: https://www.linkedin.com/in/waynebers...
Israel War Impact on Fintech | FTX & Trump Trial Updates | Iowa Blames Workday
October 17, 2023 07:00 - 1 hour - 57.2 MBThere’s a lot to digest in this episode! Blake and David discuss Microsoft's $28.9 billion tax bill, and examine a tax-fraud scheme involving art donations. JPMorgan Chase CEO Jamie Dimon predicts that AI advancements will create a shorter workweek in the future. They also look at Xero’s newest features, including improved algorithms for recognizing new contacts and bank reconciliation statements, and talk about Grant Thornton's implementation of Git Assist, an AI tool for accessing...
Headlines: Microsoft's Puerto Rico Tax Odyssey
October 15, 2023 07:00 - 3 minutes - 2.96 MBAfter a decade-long audit, Microsoft is facing a whopping $29 billion tax bill from the IRS for what the agency claims was an "illusory scheme" to channel profits through Puerto Rico—but with years of appeals ahead, will the tech giant ultimately pay the total amount? Need CPE? Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com Get in Touch Thanks for listening and the great reviews! We apprecia...
Don Jr. Explains GAAP & Why No One's Going Into Accounting
October 11, 2023 13:00 - 1 hour - 66.4 MBBlake and David dig into the use of AI agents in solving problems, emphasizing the effectiveness of assigning different roles to the agents and having them interact with each other to reach satisfactory results. They also discuss the latest accounting news, including the recent arrest of an IRS contractor, the IRS slashing the PTIN fee, ongoing trials, and cyber-attacks. Sponsors Relay - https://cloudaccountingpodcast.promo/relay Keeper - https://cloudaccountingpodcast.promo/keeper...
Headlines: The Top 10 Cities for U.S. Accountants
October 07, 2023 18:07 - 2 minutes - 2.61 MBLooking for the best cities to launch your accounting career? This top 10 countdown will highlight the metro areas with the highest demand, abundant jobs, and the most competitive salaries for accountants. Forbes Advisor compiled this list. See the full list here: https://www.forbes.com/advisor/education/top-cities-for-accountants/ Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com Get CPE for listening to podcasts with Earmark CPE: https://ea...