The Accounting Podcast | Should you buy Bill.com stock?

Should you buy Bill.com stock?

December 21, 2019 / 36:53/E151

In this episode, we cover a lot of accounting ground, including some reasons for and against investing in Bill.com now that it's public on the New York Stock Exchange. We also examine the threat to California's credit from the troubled $1B state accounting program; how Liberty Tax's parent settles with Justice Department and IRS; QuickBooks' integration with Starling Bank in the UK, and what PNC's fight with Venmo means for fintech broadly. If that wasn't enough, we'll also take a look at how new client emails can improve your practice, how satisfying is CAS?, the PaySauce/Xero partnership to serve the farming niche; how to check if you and your clients are affected by the Zynga breach; and a worrisome trend of more and more public companies fixing accounting errors quietly, and more! Grab a snack and a beverage and click play!

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Show Notes

01:59 – What’s in a name? Ask Richard Kopelman, CEO of Aprio | Aprio
04:07 – The U.S. can’t seem to tear itself away from using paper checks, but Australia can! | Eureka Report
04:57 – Another review! Thank you, Karen Bertrand!
06:05 – Bill.com’s best share price, according to Jim Cramer | CNBC
07:03 – Is there an acquisition in Bill.com’s future? Some traders think so | Quartz
- Actual article title: “Why Bill.com’s stock is soaring, while other IPOs sink”
09:27 – Are there any reasons to avoid buying up Bill.com shares? | Forbes
11:16 – California’s credit score could be crumbling | The Sacramento Bee
13:25 – Summit Hosting acquires iNSYNQ’s assets in the wake of this year’s ransomware attack | MSSP Alert
15:45 – Liberty Tax’s parent pays a pretty penny to settle with the Justice Department, and IRS | Accounting Today
17:57 – An unethical culture breeds unethical behavior – check out our discussion with Kelly Richmond Pope in Episode 139 for a refresher!
18:26 – QuickBooks launches Starling Bank integration for SMEs | AltFi
18:53 – Who really owns your data? The PNC v. Venmo battle raises that question | CNBC
- And more insight on the war between banks and fintechs | WSJ
20:25 – Communication really is key – Withum CEO sends motivation via email | Accounting Today
21:40 – Time to weight in! Go take Intuit’s rate survey now! | Firm of the Future
23:31 – Can you get any satisfaction from CAS? | Accounting Today
25:38 – PaySauce/Xero collaboration – Great for New Zealand; So-so for U.S. | Reseller News
26:12 – Farming industry as a niche for U.S. accountants? Probably not the most lucrative row to hoe | USDA
27:13 – You better check your breaches, especially if you or your clients use Zynga! | Firefox Monitor
- 27:52 – More insight on data breaches here | Forbes
- 29:07 – And suddenly, there came a ringing … Is your Ring Doorbell account letting everyone in?
30:00 – Keep it on the downlow! Some companies don’t feel the need to disclose their boo-boos | WSJ
36:03 – We predict happier news is coming your way, next episode!

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