Listener Mail: Compilations, Talent Crisis, ESOPs, 120 v. 150, TurboTax - a podcast by David Leary & Blake Oliver, CPA

from 2023-11-29T07:00

:: ::

Blake and David sort through the listener mailbag to find out what you think! Amongst the letters, we’ve got opinions on accounting without assurance and the industry talent crisis, as well as potential unethical practices by some tax experts, and the need for accrediting standards for accounting programs. Blake and David also address the complex nature of the taxation system and emphasize the need for industry-wide changes to address ethical dilemmas. Join us to hear all this and so much more!

Sponsors
OnPay - https://cloudaccountingpodcast.promo/onpay
Zoho - http://accountingpodcast.promo/zoho
Keeper - https://cloudaccountingpodcast.promo/keeper


Chapters

  • (00:30) - Welcome to the show and what we'll cover

  • (07:14) - Trump's legal team again blaming accountants for faulty financial statements

  • (08:54) - Anthony writes in about compilations

  • (13:51) - Nathan writes in to suggest more people contract audit work

  • (16:03) - Chris asks some questions about the BDO ESOP episode

  • (19:29) - Cheryl writes in about the 150-hour requirement

  • (23:27) - Kurt asks about the disparity between accounting graduate programs

  • (28:40) - Ryan tells a story of a client getting awful advice from a TurboTax Live employee

  • (35:00) - Digitial Accountants asks why so many tax clients want to push the envelope too far with tax returns and the IRS

  • (38:57) - Listener gives some insights on why academia is filled with the professors it has

  • (56:00) - A UK accounting firm has client data leaked after being hacked

  • (01:01:19) - The University of Arionza is missing $240 million

  • (01:05:18) - QuickBooks ProAdvisor badges and changes

  • (01:12:25) - Wrap up and remember you can earn free CPE from listening to this podcast

 


Show Notes

A cyberattack on a U.K. accounting firm wound up leaking U.S. ...
https://www.databreaches.net/a-cyberattack-on-a-u-k-accounting-firm-wound-up-leaking-u-s-patient-data-now-what/

Reimagined ProAdvisor Program Goes Live Today
https://insightfulaccountant.com/accounting-tech/general-ledger/reimagined-proadvisor-program-goes-live-today/

Always Something University and UofA $240-million accounting mistake
https://sports360az.com/always-something-university-and-uofa-240-million-accounting-mistake/

Need CPE?

Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com


Get in Touch

Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.


Sponsorships

Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.


Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch


Subscribe


Classifieds
Royalwise - https://learn.royalwise.com/
Forwardly - https://www.forwardly.com/

Classifieds

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd


Transcripts

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Further episodes of The Accounting Podcast

Further podcasts by David Leary & Blake Oliver, CPA

Website of David Leary & Blake Oliver, CPA