The Accounting Podcast

Why did Mazars decide to pick another hill to die on and leave Trump and his sometimes exaggerated millions and billions in the dust? We’re sifting through numerous reports to figure out what actually happened!

Show Notes

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Show Notes

04:55 – Another listener weighs in on the timesheet issue
 
08:42 – Logan L. George, CPA on LinkedIn: #ditchhourly #nomoretimesheets
https://www.linkedin.com/posts/logan-l-george-cpa-09166a112_ditchhourly-nomoretimesheets-activity-6897759335934492672-xJLY
 
12:05 – Years after calling Bitcoin ‘rat poison,’ Warren Buffett just invested $1 billion in a crypto-friendly bank
https://finance.yahoo.com/news/warren-buffett-just-invested-1-163230481.html
 
16:05 - Colorado’s Plans To Accept Tax Payments in Crypto Could Be Rocky for Investors - Blockworks https://blockworks.co/colorados-plans-to-accept-tax-payments-in-crypto-could-be-rocky-for-investors/
 
18:14 – Celebrities and NFTs: why your favourite stars are trying to sell you cryptocurrency https://www.thenationalnews.com/arts-culture/2022/02/13/celebrities-and-nfts-why-your-favourite-stars-are-trying-to-sell-you-cryptocurrency/
 
20:40 – Accountant Shortage, Resignations Fuel Financial Reporting Risks https://news.bloombergtax.com/financial-accounting/accountant-shortage-resignations-fuel-financial-reporting-risks 
 
21:30 – 'Limited pipeline' biggest challenge in advancing DE&I, survey finds | Accounting Today
https://www.accountingtoday.com/news/limited-pipeline-biggest-challenge-in-advancing-de-i-survey-finds
 
25:15 – Public accountants are deducting themselves from their jobs
https://www.theverge.com/2022/1/31/22903016/public-accountants-big-quit-memes-reddit
 
25:40 – r/Accounting - News story featuring r/Accounting
https://www.reddit.com/r/Accounting/comments/sh35dk/news_story_featuring_raccounting/
 
26:38 – Forwarded from Will Hill (linkedin.com/in/wghill)             
Accountant Shortage, Resignations Fuel Financial Reporting Risks
https://news.bloombergtax.com/financial-accounting/accountant-shortage-resignations-fuel-financial-reporting-risks
 
32:00 – The decreasing value of accounting
 
33:40 – Digging into the Trump Dump - Trump's Long-Time Accounting Firm Cuts Ties Over Financial Statements
https://www.nytimes.com/2022/02/14/nyregion/mazars-trump-organization-financial-statements.html
 
36:20 – Letter from Mazars on Donald Trump’s 2011-2020 financial statements - The Washington Post
https://www.washingtonpost.com/context/letter-from-mazars-on-donald-trump-s-2011-2020-financial-statements/05c11ff2-b2e2-4d95-bcf4-cdffee6454bf/
 
41:50 – Trump’s accountants, Mazars, just quit. What took so long? | Accounting Today
https://www.accountingtoday.com/articles/trumps-accountants-just-quit-what-took-so-long
 
44:21 – Why Mazars accounting firm ditched Trump - The Washington Post https://www.washingtonpost.com/politics/2022/02/15/why-trumps-accounting-firm-ditched-him/
 
49:30 – Does Any Blame Lie With Mazars USA In Trump Organization Financial Statement Mess?
https://www.goingconcern.com/does-any-blame-lie-with-mazars-usa-in-trump-organization-financial-statement-mess/
 
50:46 – Why It’s No Surprise Trump’s Accounting Firm Is Saying His Financial Statements Are Unreliable https://www.forbes.com/sites/chasewithorn/2022/02/16/why-its-no-surprise-trumps-accounting-firm-is-saying-his-financial-statements-are-unreliable/
 
56:43 – Why Blake thinks compilations are garbage
 
59:50 – Trump Makes New Claims About His Wealth After Accountants Drop Him
https://www.nytimes.com/2022/02/16/business/trump-wealth-mazars.html
 
SEC accounting and auditing enforcement plunged in 2021, but PCAOB enforcement increased https://www.accountingtoday.com/news/sec-accounting-and-auditing-enforcement-plunged-in-2021-but-pcaob-enforcement-increased 


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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.