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The M-Score is warning that the chance of fraud is the highest in over 40 years; Did KPMG fail to issue a critical audit matter for Silicon Valley Bank?; The spreadsheet apocalypse, revisited; Former startup founder charged by prosecutors for defrauding JPMorgan Chase; EY split fails; watch out for AI voice cloning scams; and more!
We're back from QuickBooks Connect 2023 with announcements, updates, new features, and improvements in QuickBooks Online. link] Black Ore Raises $60 Million and Debuts AI Tool for Accountants [link] New Products at QuickBooks Connect Help Accountants Drive Small. link] St.
Go here to create your classified ad: [link] Full Transcript Available Upon Request - info@cloudaccountingpodcast.com Ron Baker talks useless audits, FTX, crypto "attestations," why accountants are quitting the profession, and his new book, "Time's Up!: Hit the link below to get more info.
No, it's a ChatGPT scam [link] Taylor Swift avoided $100 million FTX deal with securities question: lawyer [link] ChatGPT less than 50% accurate in accounting exams, study finds [link] Get in Touch Thanks for listening and for the great reviews!
Today, we're talking about one good reason to get your CPA, along with a host of news from the accounting world, including PwC's new mandate that allows staff to work remotely forever (with a catch), how work-life balance improves audits, but not job satisfaction, and why going back to the office isn't so great when teams are hybrid.
in Legal Costs Every Day [link] 150 Hours is a Barrier - Really! [link] SCACPA Proposing Legislation to Address Pipeline Challenges – SCACPA [link] Xerocon Returns to the US [link] Get in Touch Thanks for listening and for the great reviews! in Legal Costs Every Day [link] 150 Hours is a Barrier - Really!
Then we'll dig into PPP news, with talks about how the IRS plans to increase audits on small businesses by 50% — and how that's a joke based on the latest numbers. In app-ish news, we'll talk all things QuickBooks Connect (Virtual) 2020, QuickBooks Live, Intuit earnings, and why Xero investors should forget about the United States market.
Majority of CAS practices support 3+ general ledgers; KPMG may have turned a blind eye to deforestation; Intuit to replace QuickBooks Desktop POS with Shopify; Startup accelerators from Intuit and AICPA Sponsors Tri-Merit - [link] LiveFlow - [link] Patriot - [link] Need CPE?
link] 29:46 – Matt Foreman on Twitter: "Tell me you’re taking incredibly aggressive tax positions that won’t withstand audit without saying you’re taking incredibly aggressive tax positions that won’t withstand audit. I’m looking at you @sweatystartup [link] 49:12 – How the FedNow(SM) Service will work [link] Federal Reserve Gov.
In app news, lots from Intuit and QuickBooks this week. Thank you, Sean Birdsell! 55:18 - Taxpayers need clarity on coordination of ERC and PPP loans [link] Get in Touch Thanks for listening and for the great reviews! Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad?
link] 23:00 – Meet the Metaverse Nightclub–Loving Audit Firm That Presided Over FTX’s Financials [link] 35:29 – Imagine McDonald’s makes its own money [link] Get in Touch Thanks for listening and for the great reviews! Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad?
We also explore positive aspects of the accounting profession and address the need for critical changes like higher salaries and re-evaluating the audit process. We also explore positive aspects of the accounting profession and address the need for critical changes like higher salaries and re-evaluating the audit process.
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In the last recorded episode of 2021, we've got app updates from QuickBooks Online, and Intuit ProConnect Tax, numbers from Expensify, raises by LiveFlow, and much more. Sponsors OnPay: [link] Tallyfor: [link] Cloud Accounting Podcast: [link] Need CPE?
Over Audit Dispute [link] 34:30 - Stripe Treasury: Banking-as-a-service for platforms [link] 40:20 - Intuit launches assisted tax prep [link] 43:33 - Facebook acquires Kustomer, a CRM start-up [link] 46:57 - A Review! Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad?
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We've got updates on the Kronos ransomware attack, Theranos, and how its auditing firms failed to audit, and why California is nearing two decades of feet dragging at a cost of a cool billion dollars. Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? All this, and much more, right now!
We'll ponder over why fintechs are to blame for PPP fraud, and why accountants should audit AI companies, and it strikes again - the "Accounting Firm Xero." In app news, Blue J raises a bunch of money to add artificial intelligence to tax research, and Credit Karma integrates Money with QuickBooks Online. All this, and much more.
We’ve got news from Gusto, Audit Sight, and Xero, as well. [link] 10:15 – Scaling New Heights 2022: Thrive [link] 11:13 – Parker Conrad’s Rippling is now valued at $6.5 Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Also, in today’s episode, we’re looking at Rippling’s $6.5
We've got app news, fintech news, and so much more. 03:35 - You know that portal you are sending clients to. We appreciate you! Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad?
Accountants use data analytics tools for risk management, budgeting, tax consulting, forecasting, and auditing. To keep informed on the most recent accounting practises and technology, this may entail participating in conferences, webinars, or seminars. Visual analytics tools make finance more analytical and more efficient.
Workflow Example: A potential lead interacts with a webinar hosted by the company. Post-webinar, their engagement and queries are analyzed for urgency and need based on the interaction. Data Verification - Quickbooks: The Nanonets workflow verifies the extracted data against purchase orders and receipts.
Nanonets AP automation integrates with QuickBooks, Xero, and Sage, allowing you to go fully paperless. For instance, Nanonets integrates with Stripe and QuickBooks, facilitating streamlined payments while keeping your financial records up-to-date. Attend webinars or product demonstrations if possible.
How it works - A lead takes part in a webinar. Data Verification - Quickbooks: The Nanonets workflow verifies the extracted data against purchase orders and receipts. Archiving - Quickbooks : The completed transaction is archived for future reference and audit trails.
Pros Nanonets integrates with QuickBooks, Xero, Sage, NetSuite, and other top ERPs and business systems. With special user training materials, webinars, and detailed documentation, Rossum is an invoicing processing software that makes change management easier than ever.
I've got follow up on Wirecard, the Ernst & Young audit that apparently did not detect $2 billion in money that was missing. David Leary: [00:04:18] I've got some Wirecard, as well. Blake Oliver: [00:04:19] IRS news, appropriate for Tax Day coming up. The logic there is a little bit interesting. We'll talk about that. How about you?
Examples of Successful Qualification Criteria in Various Sectors: Technology Sector : A tech company might focus on leads that have a certain level of technical expertise, have interacted with tech webinars or whitepapers, and belong to industries that commonly use their products.
By using Melio, your clients can pay their bills easier than using their bank website, and you get the process and controls you need, like support for multiple users, approvals, and two-way syncing with QuickBooks Online. You don't want cherry picking. Banks are gonna have to prove that they're doing that.
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Accountants and bookkeepers love Relay because they get a partner portal, can manage staff access without compromising security, and enjoy enriched direct bank feeds to QuickBooks Online, and Xero. Seems like you know all of these 800 or so apps that are in the ecosystem now, especially in the QuickBooks Live world.
tax Royalwise Solutions: learn.royalwise.com Resolve Works: [link] Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad?
Go here to create your classified ad: [link] Full Transcript Available Upon Request - info@cloudaccountingpodcast.com Lack of IRS audits hurts CPAs; IRS to hire as many as 10,000; Brazillian accounting firm raises $160 million; QuickBooks enters restaurant niche; and more
Because a audit is, is great, right? I would, I would challenge you to find a CFO or a board who would argue that their audit team adds actual value going forward. I would, I would challenge you to find a CFO or a board who would argue that their audit team adds actual value going forward.
” Event Invites and Updates : Hosting a webinar? Data Verification - Quickbooks: The Nanonets workflow verifies the extracted data against purchase orders and receipts. Archiving - Quickbooks : The completed transaction is archived for future reference and audit trails. Then you ask for feedback.
In this episode, Blake and David cover the downfall of Mattel's co-founder and Barbie inventor, Intuit's new ad network that allows businesses to target specific audiences using data from QuickBooks Online, and the increasing rate of deficiencies in public company audits.
Minute7 syncs with both QuickBooks Online, and QuickBooks Desktop for invoicing or reimbursement. You finished the week up with a big, huge webinar, or something? So, we planned a series of webinars, and we did one on Friday. We did it on CPAacademy, and 1,758 people attended this webinar. 1,200 people?
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