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How blockchain will change accounting with Dr. Sean Stein Smith

FromThe Accounting Podcast

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How blockchain will change accounting with Dr. Sean Stein Smith

FromThe Accounting Podcast

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Length:

24 minutes

Released:

Sep 25, 2018

Format:

Podcast episode

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Released:

Sep 25, 2018

Format:

Podcast episode

Titles in the series (100)

The Cloud Accounting Podcast is the #1 accounting and bookkeeping podcast in the world! Join Blake Oliver and David Leary at the intersection of accounting and technology for a weekly news roundup, plus interviews with industry leaders.

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Making innovation organic to our firms with The Radical CPA: In this episode of the Cloud Accounting Podcast, I'm joined by Jody Padar, CEO and Principal of the New Vision CPA Group, a public accounting firm based in the Chicago area. Jody is the author of "The Radical CPA," and has just published a follow-up calle by The Accounting Podcast
25 min listen
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What accountants should learn from the Deloitte Hack: Welcome to the first episode of Cloud Accounting Weekly, the Podcast Edition! Phil Gross joins the podcast to discuss top stories in accounting technology from the past few weeks. Topics in this episode: The hack of Deloitte's email server, the debate ove by The Accounting Podcast
27 min listen
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Cloud M&A, get paid to move to Vermont to work remotely, & app updates galore: David shares some exciting news that the firm that bought Blake's cloud bookkeeping startup (HPC) is itself getting acquired — by a Top 100 CPA firm (Aprio). HPC is a 100% online accounting firm. Speaking of remote work, Blake shares news that Vermont by The Accounting Podcast
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Blockchain, AI, and why you need to move to the cloud, now!: In this episode, I'm joined by Will Lopez, Founder and CEO of Advisorfi. We discuss the potential impact of blockchain and artificial intelligence on the accounting profession, new features announced at QuickBooks Connect, and how 9/11 resulted in the beg by The Accounting Podcast
27 min listen
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Predictions for 2018, Intuit acquires TSheets, & an API at the IRS: I'm joined by David Leary, Global Small Business Ecosystem Evangelist at Intuit. We discuss the insanity around the latest cryptocurrency (KodakCoin), our predictions for accounting in 2018, Intuit's acquisition of TSheets, the wasteful nature of recurrin by The Accounting Podcast
28 min listen
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Time bandits, Slack actions, Intuit grows, and more: David shares how time tracking software has entered the world of "wage theft" lawsuits, Blake is impressed by Slack's new and improved third-party integrations, then we discuss the crazy fast growth of QuickBooks Online, the dismal trust Millennials place by The Accounting Podcast
20 min listen
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Gusto raises $140M, Xero acquires Hubdoc, why the IRS should allow taxpayers to use U2F keys, and the open office under attack: The Government Accountability Office (GAO) has recommended the use of phishing-proof FIDO security keys to prevent tax scams. Also this week: payroll and HR provider Gusto raised a $140 million Series C at a $2 billion valuation; cloud accounting software by The Accounting Podcast
21 min listen
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How blockchain will change accounting with Dr. Sean Stein Smith: Dr. Sean Stein Smith, DBA, CPA, is an Assistant Professor at Lehman College in New York. He is a member of the 2017 AICPA Leadership Academy and was named a "40 Under 40" in the accounting profession for 2017 by CPA Practice Advisor. by The Accounting Podcast
24 min listen
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5-hour workday for accountants, American views of automation, & Bitcoin taxes: I'm joined by Amanda Aguillard, David Emmerman, Ryan Watson, and Jay Kimelman of Bluewire Strategy Group. We discuss how an accounting firm in Australia successfully moved to a 5-hour workday, a new survey that shows most Americans see automation is comin by The Accounting Podcast
24 min listen
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The Net Worth Episode: Warren Buffet's GAAP Troubles & Building Wealth by Owning a Business: It's the second episode of the podcast 2.0 with my new co-host, David Leary! We chat about Warren Buffet's "Accounting Nightmare." New accounting rules changes for 2018 require investments to be reported at fair value, resulting in an unusual net loss by The Accounting Podcast
12 min listen
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AutoEntry and the importance of document processing granularity: Brendan Woods, Founder and CEO at AutoEntry, joins the podcast to chat about his OCR and document processing solution for accountants and bookkeepers. AutoEntry is headquartered in Dublin, Ireland, and the company's first major market was the UK. This yea by The Accounting Podcast
28 min listen
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How mAccounting is turning accounting from a necessary evil to a strategic advantage: Tom Gabbert joins the podcast to talk about the "m" in mAccounting (it stands for "mobile"), why he's looking to hire "people people" (not just number crunchers), his efforts to "turn accounting from a necessary evil to a strategic advantage," the benefit by The Accounting Podcast
13 min listen
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Are CPAs "insecure overachievers," tax reform accelerates automation, and the War on Excel: In this episode, I'm joined by Mike Whitmire, co-founder and CEO of FloQast (http://www.floqast.com). We discuss whether or not big firm CPAs are "insecure overachievers," how tax reform is accelerating the shift to automation in manufacturing, Sage's pla by The Accounting Podcast
19 min listen
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Midmarket vendors: Watch your back! Also, how labor costs will skyrocket over the next decade, and Bill.com goes global: David & Blake discuss Matt Paff's article, "Hey Mid-Market, Xero and Intuit are coming!" a study predicting that highly skilled labor costs will skyrocket over the next decade, and Bill.com's big announcement that it will soon support international electr by The Accounting Podcast
25 min listen
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Ancient IRS Computer Systems, How to Get Hacked as a CPA, & News from SuiteWorld 2018: David Leary joins the podcast for the first time as my new co-host. We discuss the IRS' ancient computer systems that caused the crash on tax day, a case study of a CPA who got hacked by a malicious "keylogger" program, news from Blake's visit to NetSuite by The Accounting Podcast
24 min listen
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Are accounting firm partners just franchisees? Also, how Square could make cryptocurrency go mainstream: CPA Practice Advisor has announced their annual “40 Under 40” in the accounting profession for 2018. Congrats to our friend and interview victim Dr. Sean Stein Smith for making the list! His Cloud Accounting Podcast episode will drop in the coming weeks. by The Accounting Podcast
16 min listen
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Matt Paff on how Xero & Intuit are coming for the mid-market and that the future of accounting technology is platforms: Matt Paff joins the podcast to discuss what he means by his article "Hey Mid-Market, Xero and Intuit are coming!" on Digital First. We learn about the vary definitions of the term "mid-market" between the United States and Australia, why mid-market vendor by The Accounting Podcast
35 min listen
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Ed Kless on thriving as a business iconoclast, his Libertarian politics, and the lie of timesheets: Ed Kless joins the podcast to talk about how he's managed to thrive as a "business iconoclast" in a corporate environment, why he is a Libertarian, why timesheets are a total scam, and how his musical theater background has helped him succeed both on and by The Accounting Podcast
32 min listen
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Workaholism, toxic meetings, and remote work: On Episode 6 of the podcast, I'm joined by Jeff Phillips of Accountingfly, a site for accountants and finance professionals to apply easily to hundreds of great jobs. We discuss the latest cloud accounting news, including: The four drivers of workaholism, by The Accounting Podcast
44 min listen
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Guy Pearson of Practice Ignition on building an accounting firm from scratch that could scale up without him: Guy Pearson, founder of Practice Ignition, turned down an offer of partnership in an accounting firm at age 24 to travel around the world for a year. After running out of money, Guy returned to Australia and started an accounting firm out of his house. He by The Accounting Podcast
33 min listen
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Sage Intacct connects and automates the accounting profession: Chris Rose, VP of Business Development at Sage Intacct, joins the podcast to talk about why organizations need to move to the cloud for their ERP, the value of cloud APIs for enabling third party integrations, and the threats and opportunities automation by The Accounting Podcast
16 min listen
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What Intuit’s quarterly results say about its battle against Xero, how high growth accounting firms are eating the world, why blockchain won’t eliminate accounting, and more: Intuit’s Small Business Online Ecosystem Revenue increases 42 percent in its latest quarterly results; takeaways from QuickBooks Connect from Matt Paff and Sholto Macpherson; a new survey shows that 38 percent of employees resent when IT dictates the tech by The Accounting Podcast
31 min listen
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Big Four blockchain, AI, and RPA: Dr. Sean Stein Smith, DBA and CPA, joins the Cloud Accounting Podcast to discuss five of the top accounting articles from the past few weeks, including stories about PwC, blockchain, KPMG's partnership with Watson, EY's use of RPA to automate internally a by The Accounting Podcast
26 min listen
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KPMG teams up with Microsoft to sell ERP software & PayPal buys iZettle: Blake is skeptical about KPMG Australia's move to get into the ERP developer game with Microsoft, and David shares PayPal's acquisition of iZettle and what that means for point of sale options for small businesses. by The Accounting Podcast
18 min listen
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Intuit sells its data center, Xero selects Gusto for U.S. payroll, & Certify acquires Abacus: The Today Show asks "What is 'The Cloud?'", Intuit sells its data center and plans to move everything to Amazon Web Services, Xero dumps its own U.S. payroll product in favor of a strategic partnership and deep integration with Gusto, and Certify adds Aba by The Accounting Podcast
13 min listen
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Two future career paths for accountants, how billable hours drive away Millennials, and more: Levi Morehouse of Ceterus outlines how technology is shaping two future career paths for accountants; Jeff Bezos shares how he structures his day to be most effective; PwC launches a “Digital Accelerators” program to future-proof staff; Garrett Wagner exp by The Accounting Podcast
24 min listen
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Excel's got a new World Champion and how CAS can cause lots of liability: Blake and David chat about three things this week: 1) A 15-year-old is the new Microsoft Excel world champion, 2) How businesses are failing to help employees keep up-to-date with their digital skills, and 3) the risk of performing Client Accounting Servi by The Accounting Podcast
14 min listen
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The new 1040, California does its own GDPR, and better education for accountants: Donny Shimamoto joins the podcast to chat about the IRS's new "postcard sized" 1040 form, the potential consequences of California's new privacy law for businesses, and the Houston CPA Society's efforts to improve education and outreach to accounting stud by The Accounting Podcast
19 min listen
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Online sales tax SCOTUS ruling ramifications for accountants & business owners: Mike Fleming, CEO of Sales Tax and More, joins Blake & David on the podcast to discuss in detail the ramifications of the U.S. Supreme Court decision allowing states to collect sales taxes from online sellers who have no physical presence in the state. Qu by The Accounting Podcast
24 min listen
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Sage Group ousts CEO Stephen Kelly amid faltering cloud transformation: David is back from his well-deserved vacation and ready to discuss with Blake Sage’s sudden move to oust Stephen Kelly as chief executive. Chairman Donald Brydon reportedly said, “We need to get a CEO that has SaaS in their veins.” Kelly joined Sage four by The Accounting Podcast
23 min listen

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How blockchain will change accounting with Dr. Sean Stein Smith

How blockchain will change accounting with Dr. Sean Stein Smith

Description

Titles in the series (100)

More Episodes from The Accounting Podcast

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