EPISODE · Sep 15, 2022 · 1H 4M
Why Accountants Lose Money
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsOnPay https://cloudaccountingpodcast.promo/onpayCanopy https://cloudaccountingpodcast.promo/canopyFreshBooks https://cloudaccountingpodcast.promo/freshbooksNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes2:57 – Inside Bed Bath & Beyond, Concerns Over Mounting Stress for CFOhttps://www.wsj.com/articles/inside-bed-bath-beyond-concerns-over-mounting-stress-for-cfo-11662589539 Bed Bath & Beyond names interim CFO after Arnal's death | Accounting Todayhttps://www.accountingtoday.com/articles/bed-bath-beyond-names-interim-cfo-after-arnals-death Bed Bath & Beyond appoints accounting head as interim CFOhttps://kfgo.com/2022/09/06/bed-bath-beyond-appoints-accounting-head-as-interim-cfo/ Bed Bath & Beyond taps chief accounting officer as interim CFO after executive's suicidehttps://www.cnbc.com/2022/09/06/bed-bath-beyond-taps-chief-accounting-officer-as-interim-cfo-after-executives-death.html 9:17 – The Comedy Store Sues Moss Adams Over Missed $8.5 Million in COVID Relief Fundshttps://www.cpapracticeadvisor.com/2022/08/31/the-comedy-store-sues-moss-adams-over-missed-8-5-million-in-covid-relief-funds/70245/ 13:22 – EY Leaders Green Light Split Plan – WSJhttps://www.wsj.com/articles/ey-to-announce-breakup-plan-for-audit-and-advisory-businesses-11662639241 EY to Split Accounting and Consulting Businesseshttps://www.nytimes.com/2022/09/08/business/ey-ernst-young-split.html?partner=IFTTT 17:00 – Sex Worker Makes $300k A Year After Ditching Accounting Career For Work In A Brothelhttps://www.outkick.com/sex-worker-makes-300k-a-year-after-ditching-accounting-career-for-work-in-a-brothel/ 18:25 – EY Staffers Feel Left in the Dark After Death of Their Colleague Last Weekend - Going Concernhttps://www.goingconcern.com/ey-staffers-feel-left-in-the-dark-after-death-of-their-colleague-last-weekend/?utm_source=rss&utm_medium=rss&utm_campaign=ey-staffers-feel-left-in-the-dark-after-death-of-their-colleague-last-weekend 19:41 – KPMG sued for $830mn over ‘appalling’ Chinese audithttps://www.newsncr.com/business/kpmg-sued-for-830mn-over-appalling-chinese-audit/#:~:text=KPMG%20has%20been%20accused%20of,High%20Court%20heard%20on%20Monday. 23:10 – PwC sees audit quality improving | Accounting Todayhttps://www.accountingtoday.com/news/pwc-sees-audit-quality-improving 28:10 – Paycheck-to-paycheck Consumers Most Willing to Invest in Cryptohttps://www.pymnts.com/cryptocurrency/2022/paycheck-to-paycheck-consumers-most-willing-to-invest-in-crypto/ 29:59 – ‘Far too easy’ — Crypto researcher’s fake Ponzi raises $100K in hourshttps://cointelegraph.com/news/far-too-easy-crypto-researcher-s-fake-ponzi-raises-100k-in-hours 33:51 – US SEC Chair Gensler reiterates crypto stance, frustrating those seeking clarity | TechCrunchhttps://techcrunch.com/2022/08/23/us-sec-chair-gensler-reiterates-crypto-stance-frustrating-those-seeking-clarity/ Gary Gensler's gross SEC overreach | Fox Businesshttps://www.foxbusiness.com/features/gary-gensler-gross-sec-overreach The SEC Treats Crypto Like the Rest of the Capital Marketshttps://www.wsj.com/articles/the-sec-treats-crypto-like-the-rest-of-the-capital-markets-disclosure-compliance-security-investment-mutual-fund-protections-blockfi-bankruptcy-bitcoin-11660937246 36:06 – Email from Ron Baker – Thank you! 40:48 – TriNet acquires Clarus R+D | Accounting Todayhttps://www.accountingtoday.com/news/trinet-acquires-clarus-r-d 44:32 – Credit Karma will pay $3 million to users targeted with false preapproved offershttps://www.npr.org/2022/09/06/1121246081/credit-karma-false-ftc-preapproved-credit-card 46:20 – Accountants try to avoid awkward conversations with clients and it costs them | Accounting Todayhttps://www.accountingtoday.com/news/accountants-try-to-avoid-awkward-conversations-with-clients-and-it-costs-them 51:39 – Sage and Square® partner to help small businesses take morehttps://www.globenewswire.com/news-release/2022/09/08/2512593/0/en/Sage-and-Square-partner-to-help-small-businesses-take-more-control-of-their-finances.html Sage, Square Combine Accounting, PO...
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What this episode covers
EY leaders green light split plan; Bed Bath & Beyond CFO was super stressed before suicide; PwC partners work longer hours than staff; Accountants lose money when they avoid awkward conversations; France catches tax-dodging swimming pool owners with AI
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Why Accountants Lose Money
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