The Accounting Podcast | We've Got No Goodwill for Goodwill & the Pentagon Sucks at Accounting

We've Got No Goodwill for Goodwill & the Pentagon Sucks at Accounting

January 26, 2020 / 55:50/E157

We've got as full agenda of stupid financial, accounting, and digital tricks on today's episode, including how Google manipulates search results to trick you into clicking on ads, why goodwill is sparking division, KPMG's unveiling of a less-than-brilliant $450 million tech training center, and how audit fees continue to rise. We'll examine what CPAs should know about "tax zapper" software, how a former Wells Fargo CEO has been banned from banking, and share some updates on the continued fallout from the MyPayrollHR debacle, as Cachet Financial Services files for bankruptcy. Because that's not enough, we also explore the Pentagon's $35 trillion in accounting adjustments over a single year, how New Orleans is still suffering after malware attack, and why Mint budgeting software sucks. We'll also take a look at a new "Digital Dollar" project, and talk about Seattle's testing of mobile voting, and more!

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Show Notes

02:20 – Blake gets his nerd on in the hunt for the true meaning of goodwill
04:40 – Google hopes you won't pay attention to its new search results format | The Verge
06:47 – Reviews and feedback! Thank you!
07:31 – Our in-depth discussion of the four-day workweek is here
07:41 – How to stop serial meeting holders in their tracks – charge them for every meeting they schedule! | Bloomberg
09:42 – Donny takes us to task on our discussion of RPAs in the Predictions episode
10:34 – More on the Gartner definition of RPA | Gartner.com
13:24 – Divided we accountants fall over the definition of goodwill | WSJ
14:38 – Some more insight on goodwill from Calcbench | Calcbench
25:13 – Why train your staff online when you can build a $450M campus like KPMG? | Bloomberg Tax
26:55 – More new accounting standards equals ever-rising audit fees | Accounting Today
28:17 – What you need to know about tax-zapper software! | AccountingWEB
- More info on the zappers here | Wikipedia
29:17 – Grounded for life – Former WF CEO gets the boot from banking | CFO
31:00 – Seeing red – Cachet files for Chapter 11 | Albany Business Review
- If you missed it, here's our discussion with Cachet's General Counsel last year
32:08 – $35 TRILLION worth of stupid accounting tricks | Bloomberg
35:38 – Is the Big Easy just a Big Target for hackers? | PYMNTS
36:57 – Totally tubular, man! Everything you ever needed to know about pneumatic tubes | Pneumatic.Tube
38:00 – The Digital Dollar Projects gets us one step closer to Fed-backed cryptocurrency | CFO
39:18 – Pass the bucks - China's testing out its own digital dollar | NPR
40:20 – Have phone, will vote? King County thinks so | WSJ
43:52 – Maybe it's not Mint to be | Fast Company
47:00 – Mint might not be your thing, but You really Need a Budget | YNAB
49:20 – Tax prep jitters? Not according to this survey | Finance Buzz
50:55 – VCs are placing some pretty high bets on B2B fintechs | PYMNTS
51:45 – Ceterus, playing the accounting firm with engineers games, rakes in a total of $30M | The Post and Courier
52:31 – According to Glassdoor, you need to become an accounting manager | Going Concern
53:41 – Need to beef up your firm's password management? Check out this guide | Tom's Guide

Get in Touch

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!

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