How Trump Defrauded Banks&Top Cities To Be An Accountant - a podcast by David Leary & Blake Oliver, CPA

from 2023-10-03T05:00

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Blake and David cover a plethora of topics including positive customer experiences, legal rulings, top cities for accountants, and the pressure on Intuit from major banks. They also dig into the discovery of a large sum of cash at a senator's home, how Trump defrauded the banks, another potential government shutdown, and the accounting talent crisis. All this, and more, right here, right now!

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Chapters

  • (00:58) - Blake shares a good customer experience at a parking garage

  • (05:14) - CPACharge adds invoice payment directly through app

  • (07:58) - Donald Trump defrauded banks and insurers

  • (14:32) - Intuit pressured by credit card companies and banks to not support gun stores

  • (20:04) - Throwback to Burger King first accepting credit card payments

  • (24:04) - Top cities to be an accountant

  • (29:14) - Bob Menendez and how much cash an average person should keep at home

  • (35:25) - Government shutdown update and predictions

  • (39:30) - Kelly Richmond Pope on the accountant talent crisis

  • (47:28) - The IRS revolving door

  • (51:58) - PCAOB announces new audit rule

  • (55:25) - What accountants can learn from Smucker's hybrid work model

  • (58:35) - Amazon invests $4 billion in Anthropic's Claude

  • (01:00:30) - The Pentagon is using AI to navigate its own bloated policies

  • (01:02:30) - Deloitte CEO says he doesn't deserve his pay

  • (01:04:29) - We need more practical application in accounting classes

  • (01:07:40) - Wrap up and where to reach us


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Show Notes

Now the Profession Is Losing Experienced Accountants Too

https://www.goingconcern.com/accountants-leaving-the-profession/

 

Nearly 1,000 millionaires haven't filed tax returns

https://www.accountingtoday.com/news/nearly-1-000-millionaires-havent-filed-tax-returns

 

Jayapal, Warren Call on IRS to Address Revolving Door Between ...

https://jayapal.house.gov/2023/09/28/jayapal-warren-call-on-irs-to-address-revolving-door-between-irs-and-giant-accounting-firms-after-troubling-inspector-general-findings/

 

What CPAs can learn from Smucker's       

https://www.accountingtoday.com/opinion/smuckers-sweet-recipe-for-rto-a-blend-of-flexibility-and-focus

 

The top cities in the U.S. to be an accountant       

https://www.accountingtoday.com/list/the-top-cities-in-the-u-s-to-be-an-accountant

 

Intuit Reverses Ban On Gun-Related Businesses   

https://www.zerohedge.com/political/intuit-reverses-ban-gun-related-businesses

 

JPMorgan Chase Caught Trying to Block Gun Purchases   

https://catholicvote.org/jpmorgan-caught-trying-block-gun-purchases/

 

CPACharge Announces Automated Invoicing, Streamlining Customer Billing Cycle For Accounting Professionals      

https://finance.yahoo.com/news/cpacharge-announces-automated-invoicing-streamlining-150000639.html

 

As Government Shutdown Appears More Likely, Treasury Releases IRS Contingency Plan

https://www.forbes.com/sites/kellyphillipserb/2023/09/28/as-government-shutdown-appears-more-likely-treasury-releases-irs-contingency-plan/

 

The last government shutdown was the longest in more than 40 years

https://www.cnn.com/2023/09/29/politics/last-federal-government-shutdown-longest-dg/index.html

 

Audit Firms Face Stiffer Mandate to Verify Client Details Under New Rule

https://www.wsj.com/articles/audit-firms-face-stiffer-mandate-to-verify-client-details-under-new-rule-679e30cd

 

The top cities in the U.S. to be an accountant | Accounting Today

https://www.accountingtoday.com/list/the-top-cities-in-the-u-s-to-be-an-accountant

 

The Right Amount of Cash to Keep at Home for Emergencies. Hint: Not $480,000. – WSJ

https://www.wsj.com/personal-finance/emergency-fund-cash-on-hand-b04136d1

 

Judge rules Donald Trump defrauded banks and insurers while building real estate empire | AP News        

https://apnews.com/article/donald-trump-letitia-james-fraud-lawsuit-1569245a9284427117b8d3ba5da74249

 

Pentagon’s Budget Is So Bloated That It Needs an AI Program to Navigate It            

https://theintercept.com/2023/09/20/pentagon-ai-budget-gamechanger/

 

Amazon bets $4 billion on Anthropic’s Claude, the chatbot platform rivaling ChatGPT and Google's Bard | VentureBeat                

https://venturebeat.com/ai/amazon-bets-4-billion-on-anthropics-claude-the-chatbot-that-rivals-chatgpt-and-googles-bard/

 

Deloitte CEO Says He Doesn't Deserve His Pay - Going Concern     

https://www.goingconcern.com/monday-morning-accounting-news-brief-deloitte-ceo-says-he-doesnt-deserve-his-pay-the-accountant-shuffle-7-17-23/

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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