EPISODE · Jun 23, 2020 · 50 MIN
PPP loans over $150,000 to be made public
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsBill.com: https://cloudaccountingpodcast.promo/billSynder: https://cloudaccountingpodcast.promo/synderRelay Financial: https://cloudaccountingpodcast.promo/relayShow Notes06:22 – U.S. Treasury, SBA to disclose names of most businesses taking PPP loans - CNBC08:06 – Members of Congress took small-business loans — and the full extent is unknown - POLITICO 08:21 – More on Rubio's flip-flopping record from last week's episode11:19 – Charter Schools, Some With Billionaire Benefactors, Tap Coronavirus Relief - The New York Times 12:54 – SBA and Treasury streamline PPP loan forgiveness applications – Accounting Today14:30 – PPP Small-Business Loans Left Behind Many of America’s Neediest Firms - WSJ18:28 – SBA launches tool to match underserved borrowers with PPP lenders - Journal of Accountancy 20:21 – IRS employees are returning to offices amid coronavirus – Accounting Today22:10 – Tax Court Will Zoom into Your Living Room - AccountingWEB22:23 – IRS urged to pursue preparers with overdue returns, debts and penalties – Accounting Today25:23 – Toronto accounting firm hit by ransomware – IT World Canada 26:50 – Only 1/3 of Small Businesses Inform Employees of Personal Device Security Requirements – Small Business Trends 28:37 – Behind the Fall of China’s Luckin Coffee: a Network of Fake Buyers and a Fictitious Employee - WSJ33:26 – Wirecard CEO Resigns After Banks Say Missing $2 Billion Doesn’t Exist - WSJ40:04 – Receipt Bank acquires data quality specialist Xavier – Accounting Today43:03 – Rewind Introduces Client Data Transfer Tool for QuickBooks Online – AccountingWEB45:23 – Botkeeper raises $25 million to automate accounting tasks - VentureBeat Get in TouchThanks 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.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsPodchaser: http://cloudacctpod.link/podchaserSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsSteve Chase’s Excel Bootcamp: https://www.sequentiasolutions.com/bootcamp/ClientHub: https://clienthub.appGo here to create your classified ad:https://cloudacctpod.link/RunClassifiedAd TranscriptClients are looking for trusted advice and a sense of stability as they navigate the new normal, and by using Bill.com, accounting firms can free up more time for valuable strategic advisory services by helping clients shift their accounts-payable process online. Stay tuned to hear more from our sponsor, Bill.com, later in the episode. Blake Oliver: [00:00:23] So, the chief executive and chief technology officer of Wirecard is Markus Braun, who, the Wall Street Journal notes, is known for his tall ... He's tall, and known for his intense manner of speaking, and adopted the sartorial style of the tech world, wearing black turtlenecks similar to Apple Inc. founder, Steve Jobs. David Leary: [00:00:44] Oh, and the blood girl ... Blake Oliver: [00:00:44] Yeah, you remember- Theranos ... David Leary: [00:00:47] Theranos, yeah. Elizabeth Holmes. Blake Oliver: [00:00:51] Yes, she also did the same thi...
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What this episode covers
In this episode, we dig into two massive, recent frauds: Luckin Coffee of China, and WireCard of Europe. We're continuing coverage of the Paycheck Protection Program, and talking about how the IRS is bringing employees back to the office (but not Tax Court). In other news, Receipt Bank acquires Xavier, a Toronto accounting firm gets hit by ransomware, and more!
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PPP loans over $150,000 to be made public
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