article thumbnail

Ancient IRS Computer Systems, How to Get Hacked as a CPA, & News from SuiteWorld 2018

Cloud Accounting Podcast

We discuss the IRS' ancient computer systems that caused the crash on tax day, a case study of a CPA who got hacked by a malicious "keylogger" program, news from Blake's visit to NetSuite's SuiteWorld 2018, and a robot that can assemble an IKEA chair. Now there's a great use of automation!

article thumbnail

How to Value a CPA Firm [Plus 13 Key Valuation Factors]

Future Firm

If you’re curious how much your firm is worth and how to increase your firm’s valuation, you’ll want to read this article on how to value a CPA firm. The 13 Factors Influencing the Value of a CPA Firm Now that you understand how accounting firms are valued. Let’s go!

CPA 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Congress to ban IRS from creating online tax filing software, more CPA firms allowing work from home, update on QuickBooks Online Advanced, and how to brainwash your staff with an app

Cloud Accounting Podcast

27:19 -- How many CPA firms permit flexible and remote work? Find out as Blake details stats from the 2018 Anytime, Anywhere Work Survey by ConvergenceCoaching. Take a look here. 20:20 -- Here’s an update on the QuickBooks Online Advanced free upgrade period.

CPA 40
article thumbnail

The top benefit employees want is unlimited PTO (but most CPA firms don’t offer it), how you can evolve to compete with platforms, and California spent $1B on accounting software that doesn't work

Cloud Accounting Podcast

08:13 -- So given that employees want unlimited PTO, how many CPA firms offer this benefit ? According to a 2018 survey, about half of major firms (75+ CPAs) have stopped tracking vacation time. For firms with fewer than 75 CPAs, fewer than 1 in 5 offer unlimited PTO.

CPA 40
article thumbnail

Are accounting firm partners just franchisees? Also, how Square could make cryptocurrency go mainstream

Cloud Accounting Podcast

Congrats to our friend and interview victim Dr. Sean Stein Smith for making the list! His Cloud Accounting Podcast episode will drop in the coming weeks.

CPA 40
article thumbnail

QuickBooks Live, busy season Saturdays, the gender pay gap, bans on cashless stores, upcoming accounting conferences, and more

Cloud Accounting Podcast

10:57 -- A 2018 survey shows that mandatory busy season Saturdays are on the decline at CPA firms, but a shocking number still require their staff to work weekends. 12:11 -- Meanwhile, 8 percent of CPA firms will hire “anyone who is breathing,” according to a survey of AICPA Engage 2018 attendees.

article thumbnail

The new 1040, California does its own GDPR, and better education for accountants

Cloud Accounting Podcast

Stories in this episode: Here's How The New Postcard-Sized 1040 Differs From Your Current Tax Return The New Tax Form Is Postcard-Size, but More Complicated Than Ever California Unanimously Passes Historic Privacy Bill California Passes Groundbreaking Consumer Data Privacy Law With Fines for Violations Analysis: The California Consumer Privacy Act (..)

CPA 40