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Have you or your clients outgrown Quickbooks or a related solution? Date: Friday, February 9, 2024 Time: 12:00 PM EST CPA: 1.00 Need to streamline the process of handling operations? Stuck in an old system that is slowing down growth? Then this session is for you. Cost: FREE!
Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes Blake Oliver on Twitter: "My speaking session was selected for #Expensicon” [link] SURVEY: Busy Season Looking Good - CPA Trendlines [link] EY Confronts Slowing Growth After Breakup Deal Fails - WSJ [link] (..)
Blake and David discuss Intuit's announcement that QuickBooks Desktop will no longer be sold as new subscriptions after July 2024. They also talk about the need for changes in the accounting profession, such as simplifying financial reporting requirements and revising the 150-hour rule.
(Originally recorded on February 15, 2024 on Earmark Webinars+) Hector and Blake recount a brief history of QuickBooks Desktop vs QuickBooks Online through the end of 2023, the state of Intuit’s current offers and posturing in the market, and where they think QuickBooks is moving into for 2024 and beyond.
57:50) - Blake co-wrote an article for CPA Practice Advisor (01:02:31) - Wrap up and where to reach us Need CPE? 57:50) - Blake co-wrote an article for CPA Practice Advisor (01:02:31) - Wrap up and where to reach us Need CPE? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad?
billion error (11:30) - Blake and David talked to Linda about alternative CPA pathway (15:37) - Blog Post on NASBA website on CPA pipeline problem (19:11) - Are salaries the bigger issue? (21:24) Show Notes Texas Close to Allowing CPA Candidates to Test with 120 Credits [link] South Carolina's Top Accountant to Step Down After $3.5
Many employers will also provide seminars or webinars, on-the-job training, and sometimes even education expense benefits. Experience with Microsoft Excel and accounting software like Intuit QuickBooks is also a plus. In addition, you may increase your chances of being hired if you’re certified as a CPA.
Guest: Dr. Josh McGowan, CPA from Troy University; Blake calculates the cost of the 150-hour rule; Minnesota says AICPA & NASBA are not the regulators; Accounting department budgets at risk Sponsors Uncat - [link] LiveFlow - [link] First Republic Bank - [link] Need CPE?
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.
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?
22:14 – In the weeds – what’s missing from the revised CPA Evolution Model Curriculum? In more positive news, we're getting into the weeds about the CPA Evolution Model Curriculum revision, and what it means for accounting education; what it got right, and what it totally left out. 26:21 – Can I get this in Excel?
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?
They also dig into the ongoing 150-hour rule debate, examining recent state board initiatives for alternative CPA pathways and concerns about the accounting talent pipeline. They criticize the current theoretical approach to accounting education, advocating for more practical, hands-on learning experiences.
Sponsors Rippling: [link] DEXT: [link] Dark Horse: [link] Show Notes 5:29 – Blake talks about his visit to the Institute of Management Accountants in Texas, his interview with IMA President Jeff Thomson, and gives more detail on the upcoming Earmark CPA! Hit the show notes for the link to get more info.
link] 29:36 – Listener Mail on CPA – Thanks T.C. Gilded Launches Compass: The Most Advanced QuickBooks Integration for Crypto Institutional adoption of cryptocurrency has intensified the demand for sophisticated crypto accounting functionality. Gilded Compass streamlines financial reporting for cryptocurrency in QuickBooks Online.
link] 7:43 – Building a Best-in-Class A/P Tech Stack Without Breaking the Bank [link] 9:41 – Intuit to Discontinue QuickBooks Desktop in the UK [link] UK QuickBooks Desktop will cease to be supported outside the UK & Ireland [link] 11:38 – Conversation with John Stokdyk from AccountingWEB on the QuickBooks news!
From the mailbag, don't miss one reader's incredible story of passing the CPA exam in record time and our take on why firms need to rethink degree requirements. Intuit Connect 2024 - Formerly QuickBooks Connect Google Sheets’ new ‘conditional notifications’ easily keep track of small changes - The Verge Need CPE?
Architecture or accounting? To Put A Real-Time Digital Bookkeeper Inside Every Startup – Crunchbase News [link] 33:20 - Deloitte Partners With Nvidia For AI Solutions [link] 34:40 - AI bookkeeping startup Zeni launches with $13.5M Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad?
10 Partner on Webinars. #11 If you want some more inspiration for your CPA firm, you can check out my 39-Must Listen Accounting Podcasts. 10) Partner on Webinars. Webinars are a great way to get in front of a larger audience. You also need to make sure that your webinar topic is relevant to what you do as well.
(21:15) - Thank you to our sponsor, Zoho (22:40) - Not enough firms are offering remote work (25:38) - Accountants don't need help getting clients (27:56) - Blake shares a story about his friend switching firms (29:44) - Blake shares a chart from CPA Trendlines (33:35) - What is the starting salary for a CPA at a medium to large firm? (37:16)
link] 57:21 – Envestnet | Yodlee partners with Intuit QuickBooks [link] 58:51 – Shopify Launches Global ERP Merchant Program [link] 60:05 – Codat Announces Partnership with Intuit to Speed QuickBooks App Development And Catalyze New Wave of Open Finance [link] Get in Touch Thanks for listening and for the great reviews!
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?
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! Thank you! First, you need some people! You’re Broke!
Guest Randy Crabtree of The Unique CPA podcast; the UK has an accountant turnover crisis, too; should accountants unionize? trained by a CPA [link] Google adds a new way to block calendar spam. Field service app Jobber raises $100 million and more! Sponsors SuiteFiles - [link] LiveFlow - [link] Anchor - [link] Need CPE?
Cloud-Based Accounting Accounting & CPA firms earn higher year-after-year revenue and acquire 5X more customers with cloud-based accounting. CPA firms and businesses have been using it for years, but now it is more prevalent than ever. CPA firms can deliver efficient services to their clients while saving costs.
CPA Trendlines [link] 24:49 – Caleb L. So Why Aren't Firms Buying Solutions? - Jenkins, EA, CQP on LinkedIn: TurboTax Live Business Full Service | TurboTax FS Business [link] 47:31 – Kanye’s Former Accountant Sues For $4.5M Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad?
Sponsors Fyle: [link] CPA Charge: [link] Dark Horse: [link] Show Notes 6:25 – Is it too hard to become a CPA? Full Transcript Available Upon Request - info@cloudaccountingpodcast.com Is it too hard to become a CPA? to make startup accounting more approachable [link] 53:43 – Ramp raises $300M at a $3.9B Thanks, Vanessa!
Sponsors LiveFlow - [link] FreshBooks - [link] South Carolina Association of CPAs (SCACPA) - [link] Chapters (00:47) - Welcome Jack Castonguay to the show (02:00) - Jack is quoted: "Shrinking CPA Pipeline Fuels Calls to Relay Education Mandate" (04:18) - Intuit introduces 'Intuit Assist' an AI chatbot for tax (13:20) - The new AI in QuickBooks is.
06:57 – Blake's Takeaways from Almost Inside Digital CPA 08:46 – It’s Time to Get Rid of the IT Department [link] 15:33 – The AICPA's Melancon: ‘The profession that constantly reinvents itself’ | Accounting Today [link] 19:35 – Accounting 4.0: link] Get in Touch Thanks for listening and for the great reviews!
Full Transcript Available Upon Request - info@cloudaccountingpodcast.com We've got a plethora of news today, including the reasons behind IMA's concerns about AICPA & NASBAs new accounting curriculum, and why accountants are passing on getting the CPA license.
Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 7:04 – RightTool for QuickBooks Online [link] 7:46 – Intuit Inc. We're joined by Hector Garcia, CPA and QuickBooks expert to discuss. Sponsors Jirav - [link] Canopy - [link] Zoho - [link] Need CPE?
Go here to create your classified ad: [link] Full Transcript Available Upon Request - info@cloudaccountingpodcast.com CPA Trendlines readers' favorite tax software; only 4% of the US is financially literate, but 22% own Bitcoin; Elizabeth Warren wants FTX answers; Thomson Reuters to acquire SurePrep, and more!
Go here to create your classified ad: [link] Full Transcript Available Upon Request - info@cloudaccountingpodcast.com Accountant shortage could threaten capitalism; IRS needs to hire a new commissioner, quickly; Is Bill trying to be QuickBooks? We appreciate you! and— Your next firm location could be inside Walmart!
Go here to create your classified ad: [link] Full Transcript Available Upon Request - info@cloudaccountingpodcast.com Firm staff of future won't have a degree or have a CPA; KPMG exits #SmallBiz CAS, sells Spark to Decimal; The so-called "Best Tax System on Earth"; Intuit Q1 conference-call nuggets; a live AI performance, and much more!
Go here to create your classified ad: [link] Full Transcript Available Upon Request - info@cloudaccountingpodcast.com CPA firms to profit from proposed SEC climate rules; half will quit if they must return to the office; financial literacy is now the law in Florida; El Salvador struggles to adopt bitcoin, and more!
More info: [link] #FedNow #paymentsindustry #fintech pic.twitter.com/l3UHm4OTim— FRB Services (@FRBservices) October 25, 2022 [link] 54:06 – Tyler Perry revealed he once fired his accounting team after learning the IRS owed him $9 million [link] Tyler Perry Fires Entire Accounting Team After Finding Out the IRS Owes Him N3.9b
02:52 – Some familiar faces made CPA Practice Advisor's 2019 40 Under 40 list | CPA Practice Advisor 04:10 – AICPA held a not-so-time-zone-inclusive webinar on diversity and inclusion | Accounting Today 04:59 – David's Home Away from Podcast, AutoEntry, just got acquired by Sage !
There's more voicemail feedback on the CPA issue, and in app news, Relay Financial releases advanced bill pay, accounting startup Proper raises $9 million to do the books for property managers, and we've got updates from Xero, QuickBooks, Apple, and more!
In app news, lots from Intuit and QuickBooks this week. Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Full Transcript Available Upon Request - info@cloudaccountingpodcast.com Join us as we talk about all the terrible financial advice on social media, and why we should do something about it!
Details From the SEC Order [link] Top accounting firm fined $100 million after employees cheated on CPA exams [link] 25:16 – Broken enQ blog post [link] CallEnQ on Twitter: "We’ve listened to our customers and are re-evaluating the next steps due to the recent drop in IRS level of service (and thus enQ level of service).
We've got voicemail about why accountants chose to not take the CPA path. In acquisitions, VISA bought Tink, and in app news, we've got an overview of QuickBooks Online updates for June, and new accounts receivable management features from Wave, Venmo's updated pricing policies, and more! Thank you, Mr. Three Cents, and Carla (sp?)
We've got a TikTok sorority future CPA's take on managing the millions that her sorority took in, why an interior designer loves doing bookkeeping, how to work two jobs at once, and PwC is (again) delaying return to office. Thank you, Ryan! 62:00 – New Reviews! Thank you, Joe Gamatoria, and Colaangel! All this, and much more.
Full Transcript Available Upon Request - info@cloudaccountingpodcast.com Liz Mason, CPA and CEO of High Rock joins the show! In app news, we've got a lot to talk about with the new, and not-so-popular QuickBooks pricing changes for ProAdvisors, and customers. Hit the show notes for the link to get more info.
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