The Accounting Podcast

Intuit secures naming rights to Clippers arena — for half a billion dollars! Meanwhile, some MailChimp employees aren't happy about the Intuit acquisition. Also, private equity is investing in more accounting firms, KPMG Australia gets lauded for cheating on ethics exams, why work takes so long in your firm, some lengthy PPP fraud sentences, the Elizabeth Holmes / Theranos trial begins, Xerocon 2022 is in the calendar, Toast plans for IPO, Zoom is investing $30 million in Neat, Chewy is building vet practice management, Rewind and Melio raise $$$, ADP adds vaccination status tracking, nobody (relatively speaking) is using Apple Pay, and more!

Show Notes

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Show Notes

1:18 – Intuit Secures Clippers Arena Naming Rights for $500M
https://frontofficesports.com/intuit-secures-clippers-arena-naming-rights-for-500m/
 
9:15 – Mailchimp employees are furious after the company's founders promised to never sell, withheld equity, and then sold it for $12 billion
https://www.businessinsider.com/mailchimp-insiders-react-to-employees-getting-no-equity-2021-9
 
13:50 – Private equity firms take stakes in accounting firms
https://www.accountingtoday.com/news/private-equity-firms-take-stakes-in-accounting-firms
 
19:46 – KPMG Australia fined $450K over training test cheating
https://www.complianceweek.com/regulatory-enforcement/kpmg-australia-fined-450k-over-training-test-cheating/30795.article
 
23:32 – Why Does All Work Take So Long?
https://cpatrendlines.com/2021/09/13/why-does-all-work-take-so-long/
 
27:30 – 'Love & Hip Hop: Atlanta' Star Gets 17 Years In Prison For PPP Loan Fraud Case
https://www.blackenterprise.com/love-hip-hop-atlanta-star-gets-17-years-in-prison-for-ppp-loan-fraud-case/
 
More PPP Fraud News: Texas wedding planner sentenced after misusing more than $1.5M in PPP loan money, feds say
https://www.click2houston.com/news/local/2021/09/16/texas-wedding-planner-sentenced-after-misusing-more-than-15m-in-ppp-loan-money-feds-say/
 
29:01 – The Holmes Trial gets into the Excel Nitty-Gritty
https://www.theverge.com/2021/9/14/22674657/elizabeth-holmes-theranos-trial-wire-fraud-financial-witness
 
31:55 – Xerocon New Orleans 2022: Laissez les bon temps rouler; let the good times roll...soon!
https://www.xero.com/blog/2021/09/xerocon-new-orleans-2022/
 
33:06 – POS ResTech Firm Toast Eyes IPO up to $717M
https://www.pymnts.com/news/ipo/2021/pos-restech-firm-toast-eyes-ipo-up-to-717m/
 
36:00 – Zoom Invests Additional $30 Million in Neat to Further Innovate the Modern Workspace
https://blog.zoom.us/zoom-neat-investment-workspace-transformation/
 
37:40 – Chewy to Launch Marketplace for Vets in Expansion of Health Offerings
https://www.pymnts.com/news/retail/2021/chewy-to-launch-marketplace-for-vets-in-expansion-of-health-offerings/
  
38:35 – SaaS data backup and recovery platform Rewind raises $65M
https://venturebeat.com/2021/09/15/saas-data-backup-and-recovery-platform-rewind-raises-65m/
 
41:10 – ADP improves RUN payroll system, adds vaccine tracking
https://www.accountingtoday.com/news/adp-improves-run-payroll-system-adds-vaccine-tracking
 
42:49 – Barely anyone is using Apple Pay in stores anymore
https://www.techradar.com/news/barely-anyone-is-using-apple-pay-in-stores-anymore
 
44:26 – Square Offers Sellers and Consumers a New Checkout Experience with Cash App Pay
https://squareup.com/us/en/press/cash-app-pay
 
45:29 – B2B Payments Platform Melio Raises $250M at $4B Valuation
https://www.pymnts.com/news/b2b-payments/2021/b2b-payments-platform-melio-raises-250m-at-4b-valuation/
 
46:35 – Listener Mail about mesh network issues  – Thanks, Dan Luthi! 



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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.