The Accounting Podcast

It's almost back-to-school time, so it's a good time to talk about how AICPA is trying to produce more accounting students by pitching high school guidance counselors on accounting careers. For the college kids, we'll talk about elite (non-accounting) masters degrees that cost six figures, and also, why it's a really bad reason for grads to work 12-hour days, 7 days per week. We'll also examine the sad state of accounting standards. In app news, Bill.com acquires Invoice2Go, Visa acquires CurrencyCloud, finance chiefs are still trying to replace Excel, and much more!

Show Notes

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Show Notes

11: 51 – AICPA is now targeting high school counselors to build up the accounting profession
 
13:22 – ‘Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Off
https://www.wsj.com/articles/financially-hobbled-for-life-the-elite-masters-degrees-that-dont-pay-off-11625752773
 
17:47 – Graduates should expect to work 12-hour days and 6 days a week to really master their jobs, says JPMorgan exec
https://www.businessinsider.com/jpmorgan-exec-graduates-should-work-12-hour-days-6-day-weeks-2021-7
 
23:17 – AICPA Town Hall Series – July 22, 2021
http://townhall.aicpa.libsynpro.com/aicpa-town-hall-series-july-22-2021
 
25:38 – The Sad State of Accounting Standards
https://www.accountingtoday.com/opinion/the-sad-state-of-accounting-standards
 
34:15 – Video Gaming the System
https://www.npr.org/2021/07/21/1018915121/video-gaming-the-system
 
37:30 – The SBA's PPP Loan Forgiveness Portal Is Coming
https://www.inc.com/brit-morse/ppp-loan-forgiveness-portal-small-business-administration-paycheck-protection-program.html
 
38: 51 – Bill.com to acquire Invoice2go in $625M deal
https://www.accountingtoday.com/news/bill-com-to-acquire-invoice2go-in-625m-deal
 
43:44 – Square launches checking and savings accounts for small businesses
https://www.theverge.com/2021/7/20/22585365/square-banking-checking-savings-business-accounts
 
44:16 – FloQast scores $110M in latest funding round
https://www.accountingtoday.com/news/floqast-scores-110m-in-latest-funding-round
 
45:15 – Finance Chiefs Are Still Trying to Replace Excel With New Tools
https://www.wsj.com/articles/finance-chiefs-are-still-trying-to-replace-excel-with-new-tools-11626859801
 
48:52 – Visa acquires Currencycloud, which makes APIs for remittances and currency transfers, in a $963M deal
https://techcrunch.com/2021/07/22/visa-acquires-currencycloud-which-makes-apis-for-remittances-and-currency-transfers-in-a-963m-deal/
 
49:50 – Anduin earmarks $14M seed round for intelligent practice management
https://www.accountingtoday.com/news/anduin-earmarks-14m-seed-round-for-intelligent-practice-management
 
50:38 – What’s new in QuickBooks Online: July 2021
https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-july-2021/



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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 and 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 most authoritative voice in accounting news. Every week, Blake Oliver and David Leary break down the stories reshaping the profession — AI, the Big Four, firm M&A, audit failures, and the talent crisis — with analysis you won't get from the trade press. Earn free NASBA-approved CPE just for listening, with the Earmark app.