The FinTech Flo FloQast Studios
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Technology in the finance sector is rapidly growing, particularly when it comes to how business leaders and entrepreneurs integrate new information system developments into their operations. In this podcast, FloQast CEO Mike Whitmire (inactive CPA) and Producer Drew Carrick, CPA (The Rapping CPA) co-host a bi-monthly discussion, with occasional guests, on timely news and updates that impact the accounting, finance, and technology sectors, through an entrepreneurial and thought leadership lens. The talk show mixes in fun pop culture references in the profession as well, dissecting conversations from Reddit, Going Concern, and the world of Memes.
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Is “Move Fast & Break Things” the Best Approach to Innovative Business?
Fintech Flo: Episode 29 (6/27/24)Move fast and break things has been SpaceX’s approach to innovation, but does that work for all companies? Sometimes there is a brand reputation risk to putting out a beta product that isn’t fully ready, yet making customers pay full price for it - forget about the accounting nightmare behind trying to plan for canceled subscriptions! Also on today’s episode, is how much power should one influencer have - Roaring Kitty and Marcus Brownlee have the abilit...
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It’s All About the Hybrid Approach, to Everything - Fintech Flo: Episode 28 (6/13/24)
Is hybrid the way of the future or is it a trap? Yes, you heard correctly - everything is going hybrid, from engines, to clothes, to work, to ideologies. There is much to be said about the benefits of taking a hybrid approach to business goals and achieving strategic objectives, many of which can be highlighted by current events such as Toyota’s emphasis on hybrid engines, fashion companies developing work from home dress pants, and businesses moving toward hybrid work environments permanentl...
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The 2024 Dirty Dozen, Scams, Frauds, and Attacks - Fintech Flo: Episode 27 (5/30/24)
Phishing, vishing, and smishing oh my! And don’t forget about spearphishing as well! Lots of scams and fraud attacks to stay on the look out for this year - so Mike and Drew go through the IRS’s 2024 Dirty Dozen, the list of popular schemes to be on high alert for throughout the period.This episode and all FinTech Flo episodes are available for CPE credit over at FloQademy and on the Earmark app (links below!)Earn CPE credit while you watch, along with a bunch of other high quality, engaging,...
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Noncompetes, Accounting Top 100, and Consultants in the Spotlight - Fintech Flo: Episode 26 (5/16/24)
The FTC has been putting in work this year, suggesting a ban on noncompetes, as a way to protect employees, however they may be overstepping their boundaries. The Accounting Top 100 Firms report also came out earlier this quarter, and Drew and Mike get into the stats of what it says about the industry. Finally, consultants and advisory services are getting the recognition they deserve - which means someone is actually trying to figure out what it even means that people do in these service lin...
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Burnout in Accounting is Still Taking a Toll on the Profession - Fintech Flo: Episode 25 (4/18/24)
This special episode of The FinTech Flo ahead of Mental Health Awareness Month, tackles why burnout is so pervasive in the accounting industry, with 99% of professions claiming to experience it - especially as we reach the conclusion of “busy season”. The solution is tied to a shift in culture, technology, and overall outlook on the job, as discussed by Drew, Mike, and Stefan, in our first ever 3 person IRL show! Knowing how you’ll use your accounting skills in the future can help add a sense...
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GT Gets PE, Green vs. Blue Text Lawsuit, and SEC Climate Rules - Fintech Flo: Episode 24 (4/4/24)
Baseball is back, which means Shohei Ohtani is in the spotlight - however, it’s his translator that’s getting all the attention. With great power comes great responsibility, and so Drew and Mike use their business to entertainment translating abilities to discuss updates from the accounting and fintech worlds, including Grant Thornton getting Private Equity, the SEC enacting assurance regulations around climate, and Apple getting hit with a new lawsuit that will last for years to come. Our ne...