The Accounting Podcast | Why Women Leave Accounting Firms

Why Women Leave Accounting Firms

March 8, 2020 / 48:05/E163

We cover a lot of ground in this episode, starting off with what companies are disclosing about coronavirus risks. Then, we touch on the Wells Fargo fake accounts scandal, how Shark Tank 'Shark' Barbara Corcoran got her $400,000 back from scammers, and explore the LendingClub purchase of Radius Bank for $185 million - the first fintech takeover of a regulated US bank. In other news, there's the Robinhood outage, NetSuite's adaptation of bank feeds, Sage's departure from Latin America, and the closing of legal startup Atrium. What's more, we examine Deloitte's new VR platform, why QuickBooks Connect London is cancelled, and how the IRS expects to audit more wealthy taxpayers. Not last, and definitely not least, we explore the reasons why women leave accounting firms, what we can do about it, and more!

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Show Notes

03:16 - What companies are disclosing about coronavirus risks - Journal of Accountancy
05:38 - Wells Fargo Fined $3B Over Fake-Accounts Scandal - CFO
06:43 - House Report Says Wells Fargo Continues to 'Abuse' Customers - CFO
08:07 - 'Shark Tank' judge Barbara Corcoran gets her $400,000 back from scammers - CNN
09:22 - LendingClub buys Radius Bank for $185 million in first fintech takeover of a regulated US bank - CNBC
10:56 - Robinhood Outage Extends Into Second Day - CFO
13:58 - Are Banks Afraid of Payment and Money Transfer Apps? - CPA Practice Advisor
15:01 - NetSuite 2020 Release 1 Delivers Automation, Integration and Insight Enhancements that Will Enable Businesses to Grow - NetSuite Blog
17:56 - Sage Exits Latin America With £1M Deal - PYMNTS.com
20:02 - $75M legal startup Atrium shuts down, lays off 100 – TechCrunch
24:56 - Deloitte introduces VR platform for relocating staff | Accounting Today
26:19 - QuickBooks Connect London is cancelled
28:26 - Mnuchin directs IRS to boost audits on wealthy - Politico
30:40 - Opinion | No Need for a PCAOB If Auditing Conflicts Are Eliminated - WSJ
33:36 - Suspected Casino Ransomware Attack: Officials Investigating - CBR Online
34:47 - Why women leave firms — and what we can do about it - Journal of Accountancy
37:46 - My Sexual Harassment Experience at PwC - Reddit
40:03 - Remote work options can boost gender diversity: AICPA survey - Accounting Today
41:30 - We received our first ever Cloud Accounting Podcast voicemail!
42:42 - Feedback on last week's question - What should Intuit have bought with that $7 billion?
43:43 - I'm joining the Melio faMelio - David Leary on LinkedIn

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