The Accounting Podcast

Join us as we talk about all the terrible financial advice on social media, and why we should do something about it! Also, let's do something about diversity in accounting, which is, frankly, terrible. In app news, lots from Intuit and QuickBooks this week. Plus, Bill.com stock pops on fantastic quarterly earnings, Xero gives Blake a treat for Valentine's Day, whistleblowing grows with remote work as employees become less engaged, and Deloitte is not looking good when it comes to the CDC's vaccine appointment system.

Show Notes

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Show Notes

1:30 - Terrible financial advice is going viral on TikTok
https://www.vox.com/the-goods/22229551/tiktok-personal-finance-day-trading-tesla-scam
1:44 - TikTok Compilation Life Hack A Piece Of Information You Learned That feels Illegal to Know MashUps
https://www.youtube.com/watch?v=An3zt1xE6bA
2:20 - Question: https://youtu.be/An3zt1xE6bA?t=16
3:40 - Start a church: https://youtu.be/An3zt1xE6bA?t=71
4:25 - S corp: https://youtu.be/An3zt1xE6bA?t=97
9:44 - Closing the Diversity Gap - Strategic Finance
https://sfmagazine.com/post-entry/february-2021-closing-the-diversity-gap/
11:28 - Diverse talent leaving accounting jobs due to 'lack of inclusion'
https://www.accountingtoday.com/news/diverse-talent-leaving-accounting-jobs-due-to-lack-of-inclusion
13:00 - Accounting profession marks centennial of first Black CPA with new diversity campaign
https://www.accountingtoday.com/news/accounting-profession-marks-centennial-of-first-black-cpa-with-new-diversity-campaign
13:20 - Here's Another Reminder That Accounting Firms Used to Be Pretty Racist Back In the Day
https://www.goingconcern.com/heres-another-reminder-that-accounting-firms-used-to-be-pretty-racist-back-in-the-day/
14:00 - BlackCPAcentennial 
https://www.icpas.org/BlackCPAcentennial
15:47 - What Auditors Know about Amazon Product Ratings
https://cpatrendlines.com/2021/02/05/what-auditors-know-about-amazon-product-ratings/
The Paper: Audit Leadership Diversity and Audit Quality
http://hdl.handle.net/10125/70473
21:16 - TSheets is Becoming QuickBooks Time 
 https://www.intuitiveaccountant.com/general-ledger/tsheets-is-becoming-quickbooks-time/
Introducing QuickBooks Time: It’s TSheets … with a new name
https://quickbooks.intuit.com/blog/news/introducing-quickbooks-time-its-tsheets-with-a-new-name/
22:01 - QuickBooks Online Accountants Getting Upgrade https://www.accountingweb.com/technology/accounting-software-news/quickbooks-online-accountants-getting-upgrade
23:54 - Intuit - Changes to QuickBooks Online Payments Bank Transfer (ACH) Deposit Speed & Pricing
https://intuit.me/3tSGicC
26:06 - Small Business Bank Account & Debit Card - QuickBooks Cash https://quickbooks.intuit.com/payments/business-bank-account/
27:37 - CAP Listener, Todd Plager, weighs in on QuickBooks Cash
30:00 - Intuit Acquires OneSaas 
https://www.intuit.com/blog/investors/intuit-acquires-onesaas/
32:21 - Okta: Best-of-Breed Apps Are Still Winning 
https://www.saastr.com/okta-best-of-breed-apps-are-still-winning/
34:24 - Xero: Latest product news – February 2021
https://www.xero.com/blog/2021/02/latest-product-news-february-2021/
38:02 - Here's Why This Fintech Stock Is Skyrocketing on Friday
https://www.fool.com/investing/2021/02/05/heres-why-this-fintech-stock-is-skyrocketing-on-fr/
42:06 - Cloud AP/AR company Lockstep closes $10M in Series A funding
https://www.accountingtoday.com/news/cloud-accounting-company-lockstep-closes-10m-in-series-a-funding
42:41 - Whistleblowing soars to record with Americans working from home
https://www.accountingtoday.com/articles/whistleblowing-soars-to-record-with-americans-working-from-home
43:45 - Microsoft CEO Nadella Bets Businesses Are Ready to Spend Big on Employee Software
https://www.wsj.com/articles/microsoft-ceo-nadella-bets-businesses-are-ready-to-spend-big-on-employee-software-11612447214
Microsoft Viva
https://www.microsoft.com/en-us/microsoft-viva
45:46 - Deloitte in hot water in China after an employee makes a PPT exposing alleged accounting violations 
https://www.globaltimes.cn/page/202102/1215067.shtml
Deloitte Whistleblower Alleges Auditing Violations in China
https://www.caixinglobal.com/2021-02-06/deloitte-whistleblower-alleges-auditing-violations-in-china-101661171.html
49:20 - CDC paid Deloitte $44 million for faulty vaccine appointment system https://www.businessinsider.com/cdc-deloitte-flawed-coronavirus-vaccine-appointment-system-2021-2
53:21 - We've got VOICEMAIL! Thank you, Sean Birdsell! 
55:18 - Taxpayers need clarity on coordination of ERC and PPP loans
https://www.journalofaccountancy.com/news/2021/jan/ppp-loan-employee-retention-credit-erc-taxpayers-need-clarity.html

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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.