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We're getting the scoop on David's trip to Cancun, and Blake's trip to Taliesin West, and how vacations inspire thoughts of accounting. In other news, statistics show $600 billion paid to ransomware attacks in first half of 2021, which leads us to ponder on Jamie Dimon's thoughts on Bitcoin's lack of worth, and also whether crypto might be the cause of the next financial crisis. We'll check out why the USPS is offering paycheck cashing, and the ups and downs of the UPS Store offering bookkeeping. Then, we'll talk about how PE-backed firms will heighten the war for talent, why CAS practices are growing like crazy, and why SMBs need more tailored SaaS platforms. As if that weren't enough, we'll look at Microsoft's decision to shut down LinkedIn in China, and pontificate on whether enQ is genius or evil genius. All this, and more. Grab a snack and have a listen!
Show Notes
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Show Notes
1:17 – David updates us on his Cancun adventure and, of course, he ties it into subscription services!
6:00 – Fixed fee debate is over. The new frontier is the all-inclusive subscription package, or as Ron Baker calls it, “Pricing the relationship.”
10:39 – Taliesin West is Frank Lloyd Wright’s desert laboratory in Arizona
15:33 – How do accounting firms learn from the Taliesin model?
18:50 – SuiteWorld, October 18 – 21, 2021
20:33 – Suspected Ransomware Payments Nearly Doubled This Year, Treasury Says
26:04 – Jamie Dimon Calls Bitcoin 'Worthless'
28:17 – Crypto could cause 2008-level meltdown, Bank of England official warns
30:40 – USPS Debuts Paycheck-Cashing Services
34:31 – Listener email – Thank you, Sandy Lerner!
34:48 – The UPS Store – Small Business Accounting & Bookkeeping
36:10 – When Private Equity Blows Up the CPA Partnership
36:43 – Competing for Talent in a Private-Equity World
39:58 – CAS practices see 20% growth rate
47:30 – This Startup Is Using All-In-One Software To Empower Small Business Owners.
50:14 – Microsoft to shut down LinkedIn in China
51:46 – Should private companies such as enQ be allowed?
57:21 – Envestnet | Yodlee partners with Intuit QuickBooks
58:51 – Shopify Launches Global ERP Merchant Program
60:05 – Codat Announces Partnership with Intuit to Speed QuickBooks App Development And Catalyze New Wave of Open Finance
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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.