The Accounting Podcast

While we wait to learn who's going to be in charge of the country, this episode is full of all the news that's good to know, including what accountants can learn from the 3 billion texts sent during this U.S. election, how employers are refilling open accounting jobs during the pandemic, and the future of remote work after the pandemic ends. There's more PPP-ish news, including how the SBA is pressing big businesses to justify the necessity of their PPP loan applications, more related frauds, and updates on the Main Street Lending program. Then, we dive into an all-you-can-eat buffet of app news from the likes of QuickBooks, FreshBooks, Lendio, Square, Stripe, and more!

Show Notes

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Show Notes

03:41 – Why political campaigns are sending 3 billion texts in this election
https://www.technologyreview.com/2020/10/28/1011301/why-political-campaigns-are-sending-3-billion-texts-in-this-election/

07:43 – America’s Password Habits: 2020
https://www.security.org/resources/online-password-strategies/

   - 14% of Americans Using COVID in Online Passwords, New Survey Reveals
      https://smallbiztrends.com/2020/10/americans-using-covid-online-passwords.html 

09:34 – At the expense of its partners’ neutrality, Expensify boosts Biden
https://www.accountingtoday.com/opinion/at-the-expense-of-its-partners-neutrality-expensify-boosts-biden

09:54 – Coinbase CEO discourages politics at work, offers generous severance to employees who want to quit
https://www.cnbc.com/2020/09/30/coinbase-ceo-offers-severance-to-employees-leaving-over-politics.html

12:20 – SBA presses big businesses to justify aid, sparking uproar
https://www.politico.com/news/2020/10/30/sba-big-businesses-ppp-loans-433736

16:23 – Fed lowers minimum loan level for small business lending program
https://www.cnbc.com/2020/10/30/fed-lowers-minimum-loan-level-for-small-business-lending-program.html

17: 51 – An Avalanche of Fraud Buried a Small-Business Relief Program
http://www.bnnbloomberg.ca/an-avalanche-of-fraud-buried-a-small-business-relief-program-1.1514674

23:00 – SEC awards record $114M to whistleblower
https://www.accountingtoday.com/news/sec-awards-record-114m-to-whistleblower

24:49 – Employers refilling open accounting jobs amid pandemic
https://www.accountingtoday.com/news/employers-refilling-open-accounting-jobs-amid-pandemic

25:55 – Number of the Day: 75%
https://www.goingconcern.com/number-of-the-day-75/

27:12 – More than Half of Small Businesses Say They're the Same or Better Than Before COVID
https://smallbiztrends.com/2020/10/capital-one-small-business-confidence-survey.html

31:00 – More than Half of U.S. Companies Have Hired New Staff Remotely
https://www.cpapracticeadvisor.com/payroll/news/21159623/more-than-half-of-us-companies-have-hired-new-staff-remotely

34:14 – Vast migration of over 14 million Americans coming due to rise in remote work, study shows
https://www.cnbc.com/2020/10/28/vast-migration-of-over-14-million-americans-coming-due-to-remote-work.html

37:52 – 9Spokes signs new Bank of New Zealand contract for further two-year term https://www.proactiveinvestors.com.au/companies/news/932539/9spokes-signs-new-bank-of-new-zealand-contract-for-further-two-year-term-932539.html

38:12 – BlueVine Takes Wraps Off Biz Banking Platform
 https://www.pymnts.com/news/banking/2020/bluevine-takes-wraps-off-small-biz-banking-platform/

38:56 – Sunrise Bookkeeping, a Lendio Company, Releases Its First Mobile App
https://www.globenewswire.com/news-release/2020/10/29/2117108/0/en/Sunrise-Bookkeeping-a-Lendio-Company-Releases-Its-First-Mobile-App.html

39:52 – QuickAccept First Step To Building SMB Ecosystem
https://www.pymnts.com/news/b2b-payments/2020/chase-neukirchen-quickaccept-first-step-building-smb-ecosystem/

40:41 – Stripe Expands Partnership With Mindbody
https://www.pymnts.com/news/payment-methods/2020/stripe-expands-partnership-with-mindbody-for-fitness-payments/

42:01 – Credit Karma in Talks to Sell Tax-Preparation Business to Square 
https://www.wsj.com/articles/credit-karma-in-talks-to-sell-tax-preparation-business-to-square-11604067274

43:59 – What’s new in QuickBooks Online: October 2020
https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-october-2020/

46:25 – Tech news: Wolters Kluwer adds eSignature to ATX, and more
https://www.accountingtoday.com/list/tech-news-wolters-kluwer-adds-esignature-to-atx-and-more

46:57 – Report: DOJ May Sue To Block Visa's Plaid Acquisition
https://www.pymnts.com/news/partnerships-acquisitions/2020/report-doj-could-soon-decide-if-it-will-try-to-block-visas-acquisition-of-plaid/

Visa $5.3 billion Plaid deal triggers DOJ antitrust worries 
https://bankinnovation.net/allposts/focus/comp-reg/visa-5-3-billion-plaid-deal-triggers-doj-antitrust-worries/

48:42 – New & Improved in FreshBooks: Invoice Attachments, Croatian Language, and More
https://www.freshbooks.com/blog/product-updates-october-2020

49:10 – ADP exec lays out payroll giant's plans for earned wage access
https://www.businessinsider.com/adp-earned-wage-access-product-payroll-processing-pilot-customers-2020-10

50:00 – Workday Adds Data Management and Machine Learning Innovations
https://www.cpapracticeadvisor.com/accounting-audit/news/21160701/workday-adds-data-management-and-machine-learning-innovations

50:55 – Amazon Rolls Out SMB Inventory Solution
https://www.pymnts.com/amazon/2020/amazon-rolls-out-dash-smart-shelf-smb-inventory-solution/

54:00 – VOICEMAIL!  Our favorite Australian correspondent Heather Smith answers a question! 

56:10 – REVIEW! Thank you, Chan Collab! 


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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.