EPISODE · Oct 7, 2022 · 1H 13M
Investors Demand Revamp of GAAP
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsZoho: https://cloudaccountingpodcast.promo/zohoLiveFlow: https://cloudaccountingpodcast.promo/liveflowCanopy: https://cloudaccountingpodcast.promo/canopyNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes12:23 – How Republicans Are ‘Weaponizing’ Public Office Against Climate Actionhttps://www.nytimes.com/2022/08/05/climate/republican-treasurers-climate-change.html How an Organized Republican Effort Punishes Companies for Climate Actionhttps://www.nytimes.com/2022/05/27/climate/republicans-blackrock-climate.html 27:58 – PwC launches 'work for credit' program for aspiring accountants | Accounting Todayhttps://www.accountingtoday.com/news/pwc-launches-work-for-credit-program-for-aspiring-accountants 30:23 – A Bunch of Auditors at RSM F*cked Up - Going Concernhttps://www.goingconcern.com/a-bunch-of-auditors-at-rsm-fcked-up/ RSM to pay $3.75M to SEC for improper auditshttps://www.accountingtoday.com/news/rsm-to-pay-3-75m-penalty-to-sec-for-improper-audits 33:29 – SEC advisory committee recommends revamp of FASB | Accounting Todayhttps://www.accountingtoday.com/news/sec-advisory-committee-recommends-revamp-of-fasb 39:35 – SEC charges Friedman with improper professional conduct in audits | Accounting Todayhttps://www.accountingtoday.com/news/sec-charges-friedman-with-improper-professional-conduct-in-audits 41:35 – How Creative Accounting Camouflages Weak Corporate Profitshttps://www.bloomberg.com/opinion/articles/2022-09-28/how-creative-accounting-camouflages-weak-corporate-profits 43:11 – Fewer people seek US unemployment aid amid solid hiring - ABC Newshttps://abcnews.go.com/US/wireStory/fewer-people-seek-us-unemployment-aid-amid-solid-90690648 45:01 – Why Worker Productivity Is So Important to the Economyhttps://www.wsj.com/video/series/wsj-explains/why-worker-productivity-is-so-important-to-the-economy/B7425A68-2F71-4DF7-BCB8-29A05C2FF657 52:20 – NetSuite Announces Accounts Payable Automation to Increase the Accuracy and Speed of Processing Bills and Making Paymentshttps://www.netsuite.com/portal/company/newsroom/netsuite-announces-accounts-payable-automation-to-increase-the-accuracy-and-speed-of-processing-bills-and-making-payments.shtml 54:25 – NetSuite Introduces Configure, Price, Quote Solution to Help Organizations Accelerate and Simplify the Sales Processhttps://www.netsuite.com/portal/company/newsroom/netsuite-introduces-configure-price-quote-solution-to-help-organizations-accelerate-and-simplify-the-sales-process.shtml 55:21 – NetSuite Launches Ship Central to Help Organizations Improve Warehouse Operationshttps://www.netsuite.com/portal/company/newsroom/netsuite-launches-ship-central-to-help-organizations-improve-warehouse-operations.shtml NetSuite Enhances Analytics Warehouse to Help Customers Maximize the Value of Datahttps://www.netsuite.com/portal/company/newsroom/netsuite-enhances-analytics-warehouse-to-help-customers-maximize-the-value-of-data.shtml 1:02:29 – BlackLine unveils "Hyperautomation" capabilities for taxeshttps://www.accountingtoday.com/news/blackline-unveils-hyperautomation-capabilities-for-taxes 1:04:01 – LPL Launches Dedicated Bookkeeping Service for Financial Advisorshttps://www.pymnts.com/news/b2b-payments/2022/lpl-launches-dedicated-bookkeeping-service-for-financial-advisors/ 1:05:24 – Voicemail from Geraldine Carterhttps://mail.google.com/mail/u/0/#all/QgrcJHrnvrhZWsnpDNHCdCCTrKGSMSdXwNVGet in TouchSarah Work, CPA for South Carolina Treasurer: https://workforsc.org/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) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.com<...
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What this episode covers
Recap of the NetSuite's #SuiteWorld conference; Investors criticize GAAP as outdated; auditors who don't do their jobs; Work for PwC to get your 150-hour requirement; LPL Financial launches bookkeeping service and much more!
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Investors Demand Revamp of GAAP
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