The Accounting Podcast

We're kind of all over the place today, but it's well worth a listen or three! 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. We're diving deep on EY's launching of 150 credit hour effort - but we think maybe we should just cancel 150 hours). We'll also talk new suits, and how Ed Mendlowitz picked a fight with everyone in his recent blog post. 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. Take a break from that second or third remote job, and have a listen!

Show Notes

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Show Notes

1:40 – We’ve hit the big time! We’re 2,034 out of all podcasts in the universe! 
 
2:05 – An Exclusive Guide to America's Top Private Companies
https://www.inc.com/inc5000
 
4:00 – TikToker Shares How She Spent Millions of Dollars for Alabama Sorority at 19
https://www.insider.com/how-woman-handled-finances-for-alabama-sorority-as-teen-tiktok-2021-8
 
10:45 – Why this New York designer loves doing her own bookkeeping
https://businessofhome.com/articles/why-this-new-york-designer-loves-doing-her-own-bookkeeping
 
14:36 – These People Who Work From Home Have a Secret: They Have Two Jobs
https://www.wsj.com/articles/these-people-who-work-from-home-have-a-secret-they-have-two-jobs-11628866529
 
16:50 – The Remote Trend Of Working Two Jobs At The Same Time Without Both Companies Knowing
https://www.forbes.com/sites/jackkelly/2021/08/15/the-remote-trend-of-working-two-jobs-at-the-same-time-without-both-companies-knowing/
 
25:44 – PwC delays return to offices amid Delta spread
https://www.accountingtoday.com/news/pwc-delays-return-to-offices-amid-delta-spread
 
27:00 – EY launches Career Path Accelerator Program
https://www.accountingtoday.com/news/ey-launches-career-path-accelerator-program
 
33:15 – Better yet, why not get rid of the 150 hour requirement? Twitter thread: https://twitter.com/BlakeTOliver/status/1428364571954192393 

CPA Exam Makeover Risks Raising Hurdles for Black Accountants
https://news.bloombergtax.com/financial-accounting/cpa-exam-makeover-risks-raising-hurdles-for-black-accountants
 
34:09 – Art of Accounting: Buying a new suit
https://www.accountingtoday.com/opinion/art-of-accounting-buying-a-new-suit
 
37:40 – PPP Loan Fraud: Fintechs Found to Be Much More Likely to OK Suspicious Loans 
https://www.bloomberg.com/news/articles/2021-08-17/fintechs-found-to-be-much-more-likely-to-ok-suspicious-ppp-loans
 
15% of Paycheck Protection Program Loans Could Be Fraudulent, Study Shows
https://www.nytimes.com/2021/08/17/business/ppp-fraud-covid.html
 
42:48 – Afghanistan: What has the conflict cost the US and its allies? - BBC News
https://www.bbc.com/news/world-47391821
 
45:30 – Accountants must play key role in application of AI | Accountancy Daily
https://www.accountancydaily.co/accountants-must-play-key-role-application-ai
 
49:36 – QuickFee Integrates With Accounting Firm Xero
https://www.pymnts.com/news/b2b-payments/2021/quickfee-integration-accounting-firm-xero/
 
51:53 – Blue J Raises $9M in Series B Funding, Adds Key Personnel, Announces New Tax Diagramming Solution 
https://www.businesswire.com/news/home/20210810005199/en/Blue-J-Raises-9M-in-Series-B-Funding-Adds-Key-Personnel-Announces-New-Tax-Diagramming-Solution
 
55:16 – Credit Karma integrates Money software with QuickBooks Online Payroll 
https://www.accountingtoday.com/news/credit-karma-integrates-money-software-with-quickbooks-online-payroll
 
59:13 – We’ve got VOICEMAIL! Thank you, Ryan! 
 
62:00 – New Reviews! Thank you, Joe Gamatoria, and Colaangel! 



Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040


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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.