The Accounting Podcast

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!

Show Notes

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Show Notes

1:06 – David reports back from the delightful 2021 QuickBooks Connect virtual conference
 
2:48 – What did Kristen Bell’s closing remark, “Remain Human” mean?   
 
3:38 – We’re heading to Sage Transform 2021
 
4:32 – Blake has received the NASBA seal of approval for Earmark CPE!
https://earmarkcpe.com/
 
7:43 – Building a Best-in-Class A/P Tech Stack Without Breaking the Bank
https://www.cpaacademy.org/webinars/a0D2S00000raCSPUA2
 
9:41 – Intuit to Discontinue QuickBooks Desktop in the UK
https://www.accountingweb.com/technology/accounting-software-news/intuit-to-discontinue-quickbooks-desktop-in-the-uk
 
UK QuickBooks Desktop will cease to be supported outside the UK & Ireland
https://quickbooks.intuit.com/learn-support/en-uk/discontinued-offering/uk-quickbooks-desktop-is-no-longer-supported-outside-the-uk/00/654996
 
11:38 – Conversation with John Stokdyk from AccountingWEB on the QuickBooks news!
 
19:25 – Zillow’s Algorithm-Fueled Buying Spree Doomed Its Home-Flipping Experiment
https://www.bloomberg.com/news/articles/2021-11-08/zillow-z-home-flipping-experiment-doomed-by-tech-algorithms
 
26:15 – Staffing Shortage Cripples Growth at 40% of Firms
https://cpatrendlines.com/2021/10/27/staffing-shortage-goes-global/
 
29:43 – Two in five accountants ‘too drained’ to work
https://www.accountancydaily.co/two-five-accountants-too-drained-work
 
32:08 – Stop Derailing CAS
https://cpatrendlines.com/2021/10/31/stop-derailing-cas/
 
34:29 – Trying to decide where to live now that your job is permanently remote? Maybe $2,000 worth of free coffee will help make up your mind.
https://www.wsj.com/articles/remote-workers-can-live-anywhere-these-cities-and-small-towns-are-luring-them-with-perks-11633783904
 
38:26 – Remote-working jobs: Disaster looms as managers refuse to listen
https://www.zdnet.com/article/remote-working-jobs-disaster-looms-as-managers-refuse-to-listen/
 
39:37 – High Rock Accounting expands in Minnesota
https://www.accountingtoday.com/news/high-rock-accounting-to-expand-in-minnesota
 
42:42 – Bank increases lending limit to CPA firms seeking mergers
https://www.accountingtoday.com/news/bank-increases-lending-limit-to-cpa-firms-seeking-mergers
 
43:25 – Botkeeper Raises $42M in Series C Funding from Paychex Founder
https://www.prnewswire.com/news-releases/botkeeper-raises-42m-in-series-c-funding-from-paychex-founder-301416557.html
 
44:51 – Patriot Software Secures Series-A Funding Round
https://www.cpapracticeadvisor.com/payroll/news/21244354/patriot-software-secures-seriesa-funding-round
 
45:53 – Microsoft brings JavaScript to Excel
https://techcrunch.com/2021/11/02/microsoft-brings-javascript-to-excel/
 
48:18 – Microsoft Office—Transforming for the hybrid world
https://www.microsoft.com/en-us/microsoft-365/blog/2021/11/02/microsoft-office-transforming-for-the-hybrid-world/
 
53:25 – A2X Is Growing, In More Ways Than One.
https://www.a2xaccounting.com/blog/leadership-team-announncement/
 
51:25 – Stay in the flow of work with new collaborative apps for Microsoft Teams
https://www.microsoft.com/en-us/microsoft-365/blog/2021/11/02/stay-in-the-flow-of-work-with-new-collaborative-apps-for-microsoft-teams/
 
55:01 – A new look for bank reconciliation in Xero
https://www.xero.com/blog/2021/11/new-look-bank-reconciliation/
 
58:23 – Square – Q3 2021 Shareholder Letter
https://s27.q4cdn.com/311240100/files/doc_financials/2021/q3/SQ-3Q-2021-Shareholder-Letter.pdf
 
60:00 – Intuit announces revenue sharing program, new bookkeeping features at QB Connect
https://www.accountingtoday.com/news/intuit-announces-revenue-sharing-program-new-bookkeeping-features-at-qb-connect
 
64:38 – AICPA opens .cpa web domain in Canada
https://www.accountingtoday.com/news/aicpa-opens-cpa-web-domain-in-canada


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Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040


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Creators & Guests

Host
Blake Oliver
Founder and CEO of Earmark CPE
Host
David Leary
President and Founder, Sombrero Apps Company

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.