157 episodes

The Cloud Accounting Podcast is the #1 accounting and bookkeeping podcast in the world! Join Blake Oliver and David Leary at the intersection of accounting and technology for a weekly news roundup, plus interviews with industry leaders.

Cloud Accounting Podcast David Leary & Blake Oliver, CPA

    • Business News

The Cloud Accounting Podcast is the #1 accounting and bookkeeping podcast in the world! Join Blake Oliver and David Leary at the intersection of accounting and technology for a weekly news roundup, plus interviews with industry leaders.

    Visa acquires Plaid & Intuit makes ChronoBooks exclusive to QBO Advanced

    Visa acquires Plaid & Intuit makes ChronoBooks exclusive to QBO Advanced

    Grab a snack, there's a lot to talk about in this episode! We talk about Visa's acquisition of Plaid, how Intuit has made ChronoBooks exclusive to QuickBooks Online Advanced, and Expensify's newest release - Karma Points. We'll also dig into the reasons why FASB is the villain, more consequences of California's Consumer Privacy Act, along with why email is the biggest threat to small business, how even more elaborate frauds are swindling big business, and check fraud. There's discussion about Walmart's attempt at warehouse automation, and why the "Buffet Indicator" may be a fairly reliable warning sign that the stock market is headed for another big crash.

    • 58 min
    It's tax season! (and the best time to steal your competitors' clients)

    It's tax season! (and the best time to steal your competitors' clients)

    It's Tax Season! In this episode, we talk about how much tax cheaters really cost everyone else, some IRS Free File updates, dealing with 1099s and how tax season might actually be the best time to boost your firm's business. We also examine a survey from AccountingWEB about implementing tech and advisory services, how Facebook lost its own employee data, Chase's directive to ban screen scraping, and the during and aftermath of the Thomson Reuters Virtual Office outage. All this and more cloud accounting news you need to know!

    • 59 min
    The best and worst 2020 predictions (and some of our own)

    The best and worst 2020 predictions (and some of our own)

    It's January and you know what that means... Everyone is making predictions! We cover the best and worst predictions for the profession, and make some of our own. In this episode: Accountex USA is no more, what's next for blockchain, what's next for gadgets, what Millennials want from your firm, accounting trends that will shape 2020, critical issues facing the profession, what regulators are up to in accounting, AI predictions, creepy applications that will change your business, and how big tech is coming for fintech.

    • 55 min
    How California's new privacy and contractor laws could affect you

    How California's new privacy and contractor laws could affect you

    We dive deep into two laws that took effect January 1: 1) California's Consumer Privacy Act and 2) AB-5, which reclassifies many independent contractors as employees. Even if you aren't based in California, these laws could affect you or your firm, especially if you do business or employ California residents. Also, Moss Adams reported a data breach, Receipt Bank raised $73 million, Google has developed an AI system that can match or outperform radiologists, how to keep your customers for a decade or longer, small businesses are generally getting hosed by terrible interest rates on business loans, what's up at FASB, and how much it should cost to run finance as a percentage of revenue.

    • 51 min
    Reflecting on a Decade of Cloud Accounting

    Reflecting on a Decade of Cloud Accounting

    We look back from the end of 2019 all the way to 2009 — a decade in which technology changed our lives and the accounting profession. Listen for what worked, as well as the tech predictions from the 2010s that aged badly. QR codes, anyone? Also, hear the new Ghostbusters-themed QuickBooks Live commercial, stories about businesses adapting to life in a post-Wayfair sales tax world, what's new with cloud computing accounting rules, how much firms are spending on tech vs. marketing, and what firm leaders can learn from Old Navy.

    • 45 min
    Should you buy Bill.com stock?

    Should you buy Bill.com stock?

    In this episode, we cover a lot of accounting ground, including some reasons for and against investing in Bill.com now that it's public on the New York Stock Exchange. We also examine the threat to California's credit from the troubled $1B state accounting program; how Liberty Tax's parent settles with Justice Department and IRS; QuickBooks' integration with Starling Bank in the UK, and what PNC's fight with Venmo means for fintech broadly. If that wasn't enough, we'll also take a look at how new client emails can improve your practice, how satisfying is CAS?, the PaySauce/Xero partnership to serve the farming niche; how to check if you and your clients are affected by the Zynga breach; and a worrisome trend of more and more public companies fixing accounting errors quietly, and more! Grab a snack and a beverage and click play!

    • 36 min

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