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CPA firms play a critical role in today’s complex financial landscape. However, operating a successful CPA firm comes with its fair share of challenges. From constantly changing regulatory requirements to fierce competition, CPA firms often face obstacles that can hinder their growth and profitability.
Blake and David discuss issues relating to the accounting profession's talent pipeline, including a high school student's negative experience in her first accounting class and efforts by state CPA societies to reduce licensing barriers. Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad?
Efficiency of Operations Advanced accountingsoftware makes managing cash flow statements, ledgers, and other finance operations easy and efficient. Cloud-Based AccountingAccounting & CPA firms earn higher year-after-year revenue and acquire 5X more customers with cloud-based accounting.
Blake and David mull over the Arizona CPA Society's survey revealing that 80% of Arizona CPAs support 150-hour-rule alternatives. Wrapping things up, some reflections on the need for major reforms in auditing and regulation of the accounting profession. 09:38) - Are firms facing an accounting shortage? (14:49)
Many employers will also provide seminars or webinars, on-the-job training, and sometimes even education expense benefits. Bookkeepers must be detail-oriented and have a basic understanding of the accounting cycle and methods. Experience with Microsoft Excel and accountingsoftware like Intuit QuickBooks is also a plus.
That may seem like a shocking statement especially since we just saw an article in Accounting Today that said 1% of firm representatives believe they can find qualified talent right now. Watch the webinar below! Think about Your Licensure Requirements Day to day, we’re seeing that firms still have an appetite for hiring a CPA.
You need the Father-Son Podcasting Microphone — SNL | YouTube 05:20 – Catch Blake’s first Jirav webinar - [Free CPE Webinar] Level Up Your Financial Outputs: How to Save Time, Add Value, and Delight Clients — CPA Academy | Jirav 06:33 – Another five-star review! Interested in sponsoring the Cloud Accounting Podcast?
Recession needed to increase accounting grads; Amber Setter on improving the CPA pipeline; 2023 tax season officially starts; tech layoffs hit accounting tech Sponsors Keeper - [link] LiveFlow - [link] Anchor - [link] Need CPE? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad?
link] 52:32 – Reckon sells accounting division for $100m [link] 53:30 – Audit and accountingsoftware company Caseware rebrands [link] 54:22 – This Seattle startup backed by American Express wants to be the 'LinkedIn of accounting' – GeekWire [link] Get in Touch Thanks for listening and for the great reviews!
Within accounting forums, you have access to a diverse community of accounting and finance professionals qualified to provide technical help and tips. Best 14 Accountants Forums With a myriad of choices available, I understand that selecting the forums to join can be confusing.
Every conference that I go to, every article that I read, every, every book I pick up, podcast, a webinar, all the rest -- This, this whole conversation on all of these tools, right, are just that tools, right? You can be a CPA, CMA, any, any of of the alphabet soup, right? And it's up to us to be able to understand those tools.
I recommend any of the listeners to go to their banker, to their attorney, to their accountant, CPA, business advisor and talk through this, and if they're working with an SBDC rep, or an SBA rep to work through this. [00:06:34] The first thing you wanna assess is what is the state of your business and your cash flow?
Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? If you're looking to relocate, we've got the list of the best cities for accountants, and we'll talk about the Microsoft Excel Esports Tournament! In app news, more raises from accountingsoftware + services startups Osome, and Penny Lane.
I've got an article in CPA Trendlines, an opinion piece - "When Time-Based Pricing Works." Even when I was at Intuit, we were building an open ecosystem- Blake Oliver: [00:09:22] Right. David Leary: [00:09:22] -to where apps starting to be purchased or functionality is being built into the accountingsoftware.
Blake and David take a look at several significant developments in the accounting world, including Trump's controversial IRS Commissioner nomination of former Congressman Billy Long. They also share insights from the AICPA's 2024 CAS benchmark survey showing significant growth in client accounting services practices and much more!
link] 48:00 – QuickBooks named as most puzzling app to navigate according to Google searches | Accounting Today [link] 50:04 – SURVEY: How Many Monitors on Your Desk? - CPA Trendlines [link] 54:20 – It's Lonely in the Metaverse: Decentraland’s 38 Daily Active Users in a $1.3B
Thank you! 50:55 - Melody Seefeldt talks credit hours for the CPA. 51:56 - Color us corrected (via Twitter)! 53:10 - Talk to us! Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Tell us how your tax season goes! Share your PPP adventures! We really want to know!
Because, as we have discussed in the past, the hiring of CPAs. Well, it's actually not CPAs, it's the hiring of accounting degrees into CPA firms has declined by 30%. That eventually led me to doing what I do now, which is software consulting and providing advisory services at a regional accounting firm.
Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 1:46 – ?Big Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Big news from David Leary and Blake Oliver! ? so confusing. We appreciate you!
Regulator Orders Big Four to Separate Audit Practices by 2024 – Wall Street Journal 32:27 – Debating the CPA License: Martin Zych + Blake Oliver + Brian Tankersley - CPA Review & More 33:40 – FASB Concepts Statement No. million USD to build out accountingsoftware. 8 – Conceptual Framework for Financial Reporting.
Essentially, Bank of Montreal - BMO - they are announcing that Intuit's QuickBooks accountingsoftware may now access financial data provided by Bank of Montreal customers via a new API. Yeah, that's what's going on in the world of politics. __ This episode of The Cloud Accounting Podcast is sponsored by AccountingSuite.
Regardless of the stimulus, his company could have probably weathered the storm, he thinks, possibly. __ This episode of The Cloud Accounting Podcast is sponsored by AccountingSuite. AccountingSuite is cloud accountingsoftware that acts like a customizable ERP system. Use coupon code "CAP50" for $50 off your purchase.
I'm gonna read the letter, itself - Accounting firms should repay PPP loans - "As a practicing CPA I was glad to see July 15 finally arrive and signal the end of a long busy season. I was shocked when I heard that CPA firms had received PPP loans. It's a letter to the editor. It has provided some time to reflect.
WSJ asks: "How can we make accounting cool?"; Biden vows to veto GOP plan to abolish the IRS; CPA exam takers down 25% since 2018; IRS too busy to replace old computers, suspends project Sponsors OnPay - [link] Relay - [link] First Republic Bank - [link] Need CPE? WSJ [link] Passing or failing?
I have never done any webinar that huge and that many. As soon as we disconnected the one webinar, five minutes later, they had to be on that because it's CPE credit. Somebody was on Twitter, who was on an AICPA webinar and heard this. I don't know how accountants and bookkeepers. I picked that up from the webinar.
Jobs Report - NYTimes 32:10 - Accountants see pandemic over by year's end; recovery will take longer – Accounting Today 33:31 - How SMB Accounting and Finance Teams are Responding to COVID-19 – Intuitive Accountant 35:26 - Accounting group CPA victimized by cyberattack, some data on 329,000 people stolen - CBC News 37:06 - Exclusive: U.S.
It Felt Like a Black Mirror Episode' The Inside Account of How Bird Laid off 406 People in Two Minutes via a Zoom Webinar" [link] - dot.LA What will another $250 billion that you and I are gonna have to pay back, someday, David, what is that gonna get us? __ This episode of The Cloud Accounting Podcast is sponsored by AccountingSuite.
He's a CPA. Blake Oliver: [00:02:03] Oh, yeah, yeah. __ This episode of The Cloud Accounting Podcast is sponsored by AccountingSuite. AccountingSuite is cloud accountingsoftware that acts like a customizable ERP system. This is a Chris Hessey, CPA chair of the AICPA Tax Executive Committee.
15 tax returns – Journal of Accountancy 24:56 – Penalty relief may be available to those who miss Sept. consumer fintech –– CNBC 54:47 – Klarna Valued At $10.65B After $650M Fundraise – PYMNTS.com 56:03 – Wolters Kluwer Acquires XCM – CPA Practice Advisor 57:30 – KKR to sell Epicor Software in $4.7
access to Trump taxes, blocks House – Accounting Today 33:57 – Why Doing Taxes is So Hard - YouTube Get in Touch Thanks for listening and for the great reviews! Now, they're now they're tracking the Top-100 accounting firms who've taken out PPP loans, because that's in the data, as well. Blake Oliver: [00:12:12] Yes.
I wanna talk about neobanks, because Wave launched a bank; Wave accountingsoftware. Accounting apps are becoming banks; banks are becoming accounting apps. In the accountingsoftware package, it was free with a Google AdWords kind of running on the side in the margin. Then, I have stuff about Square.
Blake Oliver: [00:18:06] There's a payment service that's targeted towards CPA firms that I've seen that does this, where you can offer your customers the ability to pay in installments, and they'll take on the risk of this. People have been doing this for years, but you're right, why doesn't the accountingsoftware just provide it?
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