EPISODE · Aug 19, 2019 · 41 MIN
What price ethics? Auditors stand to lose earnings in exchange for integrity
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsBQE CORE - http://cloudaccountingpodcast.promo/core Rewind.io - http://cloudaccountingpodcast.promo/rewindShow Notes01:25 – Happy Birthday, Blake! 03:26 – David takes QuickBooks Online Accountant for a spin the real world05:30 – The new titanium-flavored Apple Card – all hype, no substance? | ZDNet 07:45 – A few of QBOA’s underperforming features - the Accountants Apps Program and Slack - are getting the boot as Intuit keeps searching for a more perfect integration12:04 – Xero’s Marketplace gets a new look, and some shiny new toys! | Digital First*Correction: Jonathan Misfud is the author of this Digital First article. Blake mistakenly credited Sholto Macpherson. Apologies for the mix-up! 14:03 – Is Square biting off more than they’ll eventually be able to chew? Square is taking a bite out of the hassle of managing a multitude of third-party food-delivery orders with their new orders platform | Square With constant development of new tools, APIs, and features, Square aims to be the middleman between everything from orders to accounting systems. 18:18 – Meet the winners of CPA Practice Advisor’s Tax & Accounting Technology Innovation Awards, which includes a win for BQE Software – one of our sponsors. If you missed it earlier this year, check out our interview with CEO Shafat Qazi, and an excellent demo of BQE’s award-winning Core Intelligence AI.24:05 – No magic here, just smoke and mirrors – yet another AI startup, Engineer.ai, is less than straightforward about human v. AI workload | The Verge27:14 – What’s behind the allure of hiring non-accounting grads at CPA firms? Expansion of services, requiring more skill-diversified staffs, or the declining quality of a formal accounting education? | Journal of Accountancy30:29 – The high cost of being an ethical, and skilled auditor – an eight-percent reduction in fees? | Accounting Today 35:14 – “We” is getting people Worked up over their IPO, some wonky financials, and their standard operating procedure | LinkedInGet 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. SubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast
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What this episode covers
Blake and David explore the high cost of integrity in the audit profession, a survey showing that accounting firms are hiring more non-accounting grads, and why it's so hard for AI startups to be straightforward about the human component. Also: How Apple Card will create headaches for bookkeepers, whether Square is doing just enough or too much innovation, and what's new with Xero's updated App Marketplace. In other news, learn about the winners of the 2019 CPA Practice Advisor Tax & Accounting Tech Innovation Awards, and other riveting headlines from the world of accounting and bookkeeping!
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What price ethics? Auditors stand to lose earnings in exchange for integrity
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