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David shares how time tracking software has entered the world of "wage theft" lawsuits, Blake is impressed by Slack's new and improved third-party integrations, then we discuss the crazy fast growth of QuickBooks Online, the dismal trust Millennials place in banks, what the deal is with GDPR, and the fear and loathing of automation in Las Vegas.
Show Notes
Stories in this episode:
The Indicator - Time Bandits [Podcast] - Take a listen to Planet Money’s new daily podcast. This episode features time tracking software and how some employers’ policies are potentially causing “wage theft” by shorting employees on their paid breaks and rounding down to the quarter hour increment.
Business Insider - Slack's latest product update proves that vendor lock-in is over, but you may never want to leave Slack again - A new feature in Slack allows developers to build integrations where users can interact with other applications from directly inside Slack. For instance, now you can like, comment, and act on Asana notifications from Slack without having to leave the app.
Intuit - Intuit Third Quarter Revenue Growth Tops 15 Percent; Company Raises Full-Year Guidance - Intuit finished the quarter with over 3.2 million QuickBooks Online subscribers, up 45 percent.
Business Insider - Millennials trust Amazon and PayPal over banks when it comes to personal data - A survey of 2,000 Brits found a majority of 18-24-year-olds trust Amazon and PayPal ahead of banks when it comes to protecting their personal data.
ZDNet - What is GDPR? Everything you need to know about the new general data protection regulations - General Data Protection Regulation, or GDPR, is coming. Here's what it means, how it'll impact individuals and businesses - and how to prepare for it.
Gizmodo - 50,000 Las Vegas Workers Are Ready to Go on Strike Over Fears of Robots Taking Their Jobs - More than 50,000 union workers in Las Vegas are set to go on strike if new contracts are not settled by June 1, and at the top of the list of concerns for the Culinary and Bartenders Unions is protection against robot replacements.
The Guardian - The financial scandal no one is talking about - Accountancy used to be boring – and safe. But today it’s neither. Have the ‘big four’ firms become too cosy with the system they’re supposed to be keeping in check?
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What is The Accounting Podcast?
The 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.