The Accounting Podcast | Debit Intuit, Credit Karma

Debit Intuit, Credit Karma

February 24, 2020 / 01:01:04/E161

We kick things off with the breaking news that Intuit is expected to acquire Credit Karma for $7 billion. Meanwhile, the Nevada Democrats used spreadsheets to caucus without a hitch, Bloomberg and the Democratic Primary debate becomes an advertisement for TurboTax, Warren Buffet again decries the 2018 mark-to-market accounting rule, another ransomware attack puts patient data at risk, plus follow up on the value of the PCAOB ( Public Company Accounting Oversight Board), a congressman who is taking on FASB, a new UX for QuickBooks Online, and more!

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Show Notes

05:20 – Intuit Near Deal to Buy Credit Karma for $7 Billion - WSJ
08:39 – If you aren't paying for a product, you ARE the product
10:44 – More discussion on the IRS Free File flubs
11:19 – Tax-prep analyst sees more free filers hampering revenue growth - Accounting Today
15:26 – Nevada Democrats Say They’ll Replace Their Caucus App With iPads And A Google Form - FiveThirtyEight
18:15 – Bloomberg botches tax return question in Democratic debate: ‘I can’t go to TurboTax’ - CNBC
20:11 – Just in case you forgot: All People are Tax People – Washington Post
21:32 – Accounting rule Warren Buffett loathes boosts Berkshire's bottom line to $81B – Fox Business
26:17 – Hacking of Accounting Firm Affects Medical Group – Career Info Security
29:07 – Want to Be a CFO? Consider Some Numeric Body Art – CFO.com
32:14 – Tweet us your (accounting-related?) tatts
33:16 – Go here for more PCAOB discussion!
33:52 – Weakening the oversight of US auditing is a very bad idea – Financial Times
- Without an Independent Watchdog, Who Will Audit the Auditors? - WSJ
35:30 – How Accountants Took Washington’s Revolving Door to a Criminal Extreme – POGO
38:01 – Let's See What Some Folks Are Saying About the Proposal to Fold the PCAOB Into the SEC - Going Concern
39:39 – U.S. House Subcommittee Scrutinizes Accounting Rule Maker - WSJ
46:11 – Rippling starts billboard battle with Gusto – TechCrunch
50:45 – Client Hub Now Automates Resolving Unclassified Expenses – AccountingWEB
53:48 – QuickBooks Online: Evolution and innovation Updates
56:42 – Another satisfied listener! Thank you!

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