Earmark Podcast | Earn Free Accounting CPE

Join Blake Oliver for a conversation with Lynnette Oss Connell and Craig Connell as they share their real-life journey of selling their Client Accounting Services (CAS) firm to a larger regional CPA firm. This webinar will explore the complexities and challenges of transitioning a boutique practice into a larger organization. Gain valuable insights on preparing for a sale, negotiating terms, and ensuring a smooth transition for your clients and team. Whether you're considering selling your firm now or in the future, this session offers actionable strategies and expert advice to help you navigate the process successfully.(Originally recorded on August 27, 2024, on Earmark Webinars+)SponsorMakersHub - https://earmarkcpe.promo/makershubChapters(01:09) - Founding ClickPNW: Lynette and Craig's Journey (02:50) - Client Services and Growth Strategies (05:26) - Challenges and Successes in Client Management (09:28) - Deciding to Sell: Personal and Professional Factors (18:09) - Finding the Right Buyer: The Sweeney Conrad Story (31:39) - Transitioning to a New Firm (32:16) - Employee and Client Considerations and Unexpected Challenges (33:56) - Transitioning Staff and Clients (36:50) - Client Relationships and Retention (39:15) - Administrative Challenges (44:30) - Lessons Learned and Advice (55:15) - Future Plans and Reflections (59:41) - Conclusion and CPE Information Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guests:Lynnette Oss ConnellLinkedIn: http://linkedin.com/in/lynnette-oss-connell-cpaCraig ConnellLinkedIn: http://www.linkedin.com/in/craigconnellcpaConnect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Blake Oliver interviews Savannah Bananas CFO Tim Naddy to learn unconventional strategies for explosive business growth. Discover how this innovative sports entertainment team achieved a million-fan waitlist and sold out over 200 consecutive games. Tim will share insights on creating innovative revenue streams, developing fan-centric KPIs to drive profitability, and managing financial risks in rapidly scaling businesses. Whether you're in sports, entertainment, or another industry, discover how to apply these creative accounting practices to transform your financial approach. Walk away with actionable strategies to enhance customer engagement, boost growth, and reimagine your business's financial success.(Originally recorded on August 7, 2024, on Earmark Webinars+) Chapters(00:00) - How to Earn CPE (00:59) - Behind the Scenes with the Savannah Bananas (02:48) - The Role of a CPA in Sports Entertainment (04:22) - Educating the Next Generation of Creatives (07:19) - The Savannah Bananas Phenomenon (12:41) - Fan-Centric Business Model (18:27) - Challenges and Innovations in Finance (27:24) - Touring and Merchandise Strategy (32:52) - Partnering for Regional Warehousing (33:34) - Forecasting Inventory Needs (34:09) - Managing Merchandise Logistics (35:10) - Understanding Fan Data (37:07) - Finance Tech Stack Overview (47:16) - Challenges of Rapid Expansion (53:59) - Creative Accounting Practices (57:18) - Advice for Aspiring Accountants (01:00:14) - Conclusion and CPE Information Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Tim NaddyLinkedIn: http://www.linkedin.com/in/drtimnaddy221bLearn more about The Savannah Bananas https://thesavannahbananas.com/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Join Blake Oliver, CPA, and Scott Hodge, President Emeritus and Senior Policy Advisor at the Tax Foundation, for an engaging and insightful webinar that delves into the complexities of tax policy as discussed in Scott's new book, "Taxocracy." Discover how tax policies impact everyday expenses like housing, healthcare, and education, and learn surprising historical tax facts such as the 18th-century British “window tax” and its relevance to today's proposed wealth taxes.(Originally recorded on July 25, 2024, on Earmark Webinars+)Chapters(00:46) - Introducing 'Taxocracy' (04:10) - Education and Tuition Costs (11:24) - Principles of Tax Policy (15:27) - Corporate Tax Rates Debate (22:44) - Tariffs and Economic Impact (28:03) - Impact of Trade Wars on Consumer Goods (29:24) - Tax Policies and Their Consequences (32:49) - Unintended Consequences of Tax Policies (35:18) - Creative Tax Avoidance Strategies (38:31) - The Role and History of the Tax Foundation (42:34) - Challenges and Future of Tax Reform (50:20) - Global Tax Systems and Their Benefits (52:19) - Conclusion and Final Thoughts Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Scott HodgeLinkedIn: https://www.linkedin.com/in/scottahodge/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Greg Kyte and Caleb Newquist of the Oh My Fraud podcast share their favorite government fraud cases they've covered on the Oh My Fraud podcast, including Rita Crundwell's $53 million municipal fraud in Dixon, Illinois, and Claudia Viles' $500,000 tax-collector fraud in Anson, Maine. They also examine the "Fat Leonard" Navy contracting fraud, Eddie Tipton's lottery rigging scheme, and some pandemic-related frauds like PPP and EIDL abuse.SponsorMakersHub - https://earmarkcpe.promo/makershubChapters(00:52) - Overview of Government Frauds (01:58) - The Case of Rita Crundwell (06:43) - How Rita Crundwell Was Caught (14:36) - The Case of Claudia Viles (32:17) - The Fat Leonard Scandal Unveiled (33:43) - Exorbitant Invoices and Ignored Red Flags (34:45) - Bravo Zulus and Dirty Work (36:13) - Security Measures and Exploiting Tragedies (39:11) - The Crux of the Fraud: Inflated Invoices (41:00) - Lottery Fraud: Eddie Tipton's Scheme (49:20) - Pandemic Fraud: A Rock and a Hard Place (55:52) - Final Thoughts and Takeaways Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guests: Greg Kyte, CPAWebsite: http://www.comedyCPE.comX: https://twitter.com/gregkyte LinkedIn: https://www.linkedin.com/in/gregkyte/ Caleb NewquistX: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/Learn more about Oh My FraudWebsite: https://ohmyfraud.com/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Explore cutting-edge hiring solutions for accountancy firms with Robin Thieme, CEO and founder of KBS CFO, and industry expert Blake Oliver. Learn how work simulations provide a "try before you buy" approach, ensuring a better fit for the firm and the candidate. Discover the benefits of apprenticeship programs, which KBS CFO has successfully implemented. Robin will share insights from her experience running a Results Only Work Environment and discuss how these innovative practices can help your firm attract and retain top talent. Don't miss this opportunity to revolutionize your hiring process!(Originally recorded on June 19, 2024, on Earmark Webinars+)SponsorMakersHub - https://earmarkcpe.promo/makershubChapters(01:57) - Robin Thieme's Background and Firm Overview (05:44) - Specialization in Distilleries (07:57) - Team Structure and Roles (13:17) - Innovative Hiring Practices (18:30) - Work Simulation Process (29:55) - Remote Work Challenges and Skills (38:24) - Introduction to Results Only Work Environment (38:53) - Attracting Top Talent with a Tech-Forward Approach (40:41) - Flexibility and Accountability in Remote Work (43:57) - Managing Team Performance and Client Expectations (45:26) - How to Hold Your Team Accountable (48:29) - Choosing the Right Workflow Tools (56:52) - Exploring Apprenticeship Programs (01:01:55) - The Role of Timesheets in Job Costing (01:04:09) - Conclusion and Contact Information Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comEarn CPE for this episode! https://www.earmark.app/course/c41e6910-586a-474d-ae77-febfce14898fDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Robin H Thieme, CITP, CGMA, CPALinkedIn: https://www.linkedin.com/in/kbscfo/ Learn more about KBS CFOWebsite: https://www.kbscfo.com/#Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Blake discusses the intricacies of property tax assessments and appeals with Josh Malancuk, President and Founder of JM Tax Advocates. Josh explains how his firm helps businesses minimize their property tax liabilities by providing a more accurate market value for their properties, which often differs from the assessor's valuation. He walks through the appeal process, the importance of meeting deadlines, and shares a case study where his firm saved a client millions of dollars in property taxes.SponsorMakersHub - https://earmarkcpe.promo/makershubChapters(01:04) - Meet Josh Malancuk: Property Tax Specialist (02:09) - The Importance of Property Tax Specialization (06:07) - Understanding Property Tax Assessments (09:06) - The Appeal Process Explained (16:12) - Appealing an Asset Value (23:49) - What Is It Like Making an Appeal? (32:58) - Case Study: Mega Food Processor (40:36) - How to Work with JM Tax Advocates (45:10) - Advice for Aspiring Property Tax Specialists (46:41) - Conclusion and Contact Information Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Josh Malancuk, CPA, CMILinkedIn: https://www.linkedin.com/in/josh-malancuk-cpa-cmi-a5997619/Learn more about JM Tax Advocateshttps://jmtaxadvocates.com/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

John Briggs, founder of Incite Tax and author of "The 3.3 Rule" joins Blake to explain his approach to ending burnout in accounting while increasing productivity, which involves working for up to three hours followed by a 30% recovery period. They explore how this method can double productivity compared to the traditional 8-hour workday, and John provides practical tips for implementing it in accounting firms.SponsorMakersHub - https://earmarkcpe.promo/makershubChapters(00:38) - Introducing John Briggs and the 3.3 Rule (04:50) - Applying the 3.3 Rule in Accounting (05:12) - John's Journey: From Deloitte to Insight Tax (07:04) - Challenges and Solutions in Modern Accounting Firms (11:42) - The Problem with Billable Hours (22:19) - The Benefits of Structured Breaks (25:07) - Being a Controller at Atlas (27:29) - The Reality of Top 100 Firms and Work-Life Balance (29:18) - AI's Impact on Consulting and Accounting (30:31) - The Future of Work Hours and Technology (33:57) - Balancing Work, Health, and Personal Life (39:05) - Measuring Productivity Beyond Hours Worked (46:35) - Final Thoughts and Where to Find More Information Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, John BriggsLinkedIn: https://www.linkedin.com/in/johnbriggscpa/Learn more about Incite Tax & AccountingWebsite: https://incitetax.com/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Kick-start a new era in accountancy with Alan Whitman, the former CEO of Baker Tilly US. Using his invaluable experience as a CEO for nearly 8 years, Alan will share novel insights on transforming traditional CPA firms into modern, sustainable, and innovative powerhouses. This session delves into people development, strategic growth, service models, and methods for breaking from long-standing conventions that hinder progression. It's time to BREAK THE MOLD (TM) and lead the transition toward the future of professional services and the CPA industry. If that's your ambition, this session was designed with you in mind.(Originally recorded on May 8, 2024, on Earmark Webinars+)SponsorShareFile - https://earmarkcpe.promo/sharefileChapters(01:48) - Alan Whitman's Journey to CEO (03:32) - Breaking the Mold in CPA Firms (07:06) - Challenges of Traditional Models (16:48) - Ethics and Systemic Issues in Accounting (18:37) - Advising Firms on New Business Models (25:46) - Developing and Retaining Talent (29:33) - Navigating the Future of Advisory Firms (32:44) - Transforming the Practice: Multidisciplinary Approach (34:22) - Building Businesses Within a Business (37:40) - Journey to CEO: Building International (40:41) - Rebranding and Global Expansion (42:00) - The Importance of Branding in Professional Services (42:55) - Recruitment and Retention Challenges (46:52) - Education and Training in Accounting (50:29) - The Future of the Accounting Profession (01:00:50) - Final Thoughts and Advice for Firm Owners Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Alan WhitmanLinkedIn: https://www.linkedin.com/in/alan-whitman-357ab91/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Thinking of selling your practice? Join us as serial acquirer Michael Ly shares an insider’s guide to preparing, pricing & selling your accounting firm. Learn how to value your firm for maximum sale price, find the right buyer, negotiate win-wins, protect clients through transition, and structure creative deals - whether nearing retirement or just exploring options. Get practical tips from an active buyer on ensuring a smooth exit on your terms.(Originally recorded on March 26, 2024, on Earmark Webinars+)SponsorShareFile - https://earmarkcpe.promo/sharefileChapters(01:34) - The Evolution of Reconciled: A Modern Accounting Firm (03:48) - Insights on Buying and Selling Accounting Firms (04:19) - Determining the Right Time to Sell Your Accounting Firm (09:44) - Maximizing Your Firm's Value Before Selling (16:53) - Adopting Modern Technology and Billing Models (23:04) - Understanding Firm Valuation and Buyer Insights (28:32) - Strategies for Enhancing Firm Valuation (30:24) - Evaluating Potential Buyers: What to Look For (32:11) - Client Retention and Revenue Strategies Post-Acquisition (36:32) - Valuation Insights: Navigating Firm Sales (41:19) - Optimizing Earn-Out Structures for Sellers (43:44) - Non-Compete Agreements: Protecting Your Business Post-Sale (46:11) - Common Mistakes Sellers Make and How to Avoid Them (50:20) - Tax Optimization Strategies for Selling Your Firm (54:03) - The Future of Accounting M&A Market (56:33) - Closing Remarks and Resources for CPE Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Michael LyLinkedIn: https://www.linkedin.com/in/michaellyTwitter: https://twitter.com/michael_ly_?lang=enLearn more about ReconciledWebsite: https://www.reconciled.com/aboutConnect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

In an era where the right software can make or break your accounting firm, choosing the right apps is essential. In this webinar, Blake Oliver, CPA, draws on his experience as a firm founder to guide you through the essential software that will streamline your operations, upgrade your client experience, and drive future growth. This session is designed to cut through the clutter of the ever-expanding app marketplace, providing you with a curated list of applications indispensable for modern accounting practices. Join us to discover how these apps can streamline your workflows, enhance your service delivery, and set your firm on a path to success.(Originally recorded on March 6, 2024, on Earmark Webinars+)SponsorClient Hub - https://earmarkcpe.promo/clienthubChapters(00:00) - The 5 Apps You Need In Your Accounting Firm sequence (01:55) - Why Choosing the Right Software Matters (05:27) - Diving Deep into Proposal Management Software (14:08) - Workflow Apps: The Backbone of Firm Operations (29:08) - Exploring General Ledger Applications (31:07) - Optimizing Accounting Systems with FreshBooks and Xero (31:33) - Designing Your App Stack for Efficient Accounting (32:30) - Choosing the Right General Ledger Systems for Your Clients (33:02) - Streamlining Client Onboarding with a Standardized Tech Stack (34:28) - The Importance of Payroll Apps in Accounting Firms (35:04) - Exploring the Best Payroll Software Options (39:34) - Bill Pay Apps: Enhancing Client Services (43:39) - Integrating AI and ChatGPT into Your Accounting Firm (45:14) - Best Practices for App Integration and Tech Adoption (56:04) - Concluding Remarks and Next Steps for Your Firm Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

The CPA profession faces an identity crisis, with challenges in the candidate pipeline, non-attest services' role, and CPE's effectiveness. This webinar explores the impact of the fifth-year requirement, the value of consulting services, the need for engaging CPE, and the use of the CPA designation in non-traditional roles. Join our expert panel as we discuss solutions to navigate the profession's challenges and opportunities and redefine the CPA identity in an ever-changing landscape.(This episode originally aired on April 9, 2024 on Earmark Webinars+)SponsorShareFile - https://earmarkcpe.promo/sharefileChapters(01:11) - Exploring the CPA Identity Crisis (03:10) - Challenges in the CPA Profession: Enrollment Decline and Talent Shortage (05:19) - Rethinking Education and Work Experience in Accounting (08:16) - The Future of Accounting: Automation, Advisory Services, and the CPA Role (10:01) - The Split Between Audit and Advisory Services in Accounting Firms (12:22) - Addressing the Pipeline Problem and Work Culture in Accounting Firms (29:51) - Reimagining the CPA Profession and Certification (32:35) - Exploring the Work-Life Balance in Accounting (33:19) - Engaging with Live Stream Viewers and Discussing Regulatory Solutions (33:40) - The Debate on Auditor Work Hours and Firm Practices (34:38) - CBIZ's Unique Position in the Professional Services Industry (35:46) - The Role of Regulators and Proposals for Reform (36:53) - The Case for Government-Run Audits (37:30) - Rethinking Overtime and Compensation in Accounting (51:40) - Addressing the CPA Identity Crisis and Recommendations (57:47) - Concluding Remarks and Future Directions Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our GuestsDavid  Bergstein, CPA, CITP, CGMALinkedIn: https://www.linkedin.com/in/davidbergstein/Steven Sacks, CPA, CGMA, ABCLinkedIn: https://www.linkedin.com/in/stevenesacks/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Audit is at a crossroads. Commoditization and compliance mentalities have diminished its value. Now, auditors face an existential crisis. How can assurance stay relevant? Join Alan Anderson and Blake Oliver as they tackle pressing questions on audit's failure to innovate and chart a new direction focused on value-added assurance. You’ll get a dynamic diagnosis of threats plus practical ideas to transform the profession before external forces make change urgent. Discover what’s at stake if audit no longer matters and how leadership today can write a better tomorrow.(This episode originally aired on February 28, 2024 on Earmark Webinars+)SponsorClient Hub - https://earmarkcpe.promo/clienthubChapters(00:00) - EAP 66 (01:57) - The Crossroads of Auditing: Challenges and Innovations (03:21) - Embracing Technology: The Future of Efficient Auditing (06:26) - Redefining the Audit Process: Closing the Expectation Gap (15:24) - Understanding Business Through Audits: The Value of Insight (27:38) - The Commoditization of Audits: A Call for Change (31:41) - Exploring the Flexibility in Auditing Standards (32:19) - The Shift Towards a More Rules-Based Approach (32:55) - The Impact of Standardized Methodologies on Auditing (33:48) - Revitalizing Auditing: Injecting Fun and Quality (36:16) - Addressing the Pipeline Issue: Making Auditing Appealing (41:04) - The Importance of Planning in Auditing (46:19) - Challenging the Billable Hours Model (50:53) - Leveraging Technology to Transform Auditing (52:38) - Concluding Remarks and Resources Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Alan AndersonWebsite: https://www.accountabilityplus.com/LinkedIn: https://www.linkedin.com/in/alan-anderson-0ab74227/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Do you have clients living or working abroad who could save big on their taxes? In this episode, expat tax specialist Vincenzo Villamena outlines creative strategies US citizens overseas can use to legally reduce their tax burden. Learn how your expat clients can exclude $120,000 in foreign earned income, set up offshore corporate structures to cut their tax rate in half, eliminate 15% self-employment tax, and more.SponsorShareFile - https://earmarkcpe.promo/sharefileChapters(00:50) - Welcome Vincenzo to the Show (01:50) - Exploring Expat Taxation with Vincenzo Villamena (03:27) - Vincenzo's Journey from Corporate America to Entrepreneurship Outside of the US (09:53) - The Remote Work Revolution and Its Impact (12:36) - Navigating the Complex World of Expat Taxes (13:00) - Where are Most of Your Clients? (15:05) - Strategies for Expats to Optimize Taxes (24:10) - Understanding Corporate Structures and Tax Deferral (24:20) - The Good, the Bad, and the Planning of Tax Strategies (28:18) - What Work Do We Have to Do to Get These Benefits? (30:23) - Comprehensive Service Offerings: From Setup to Compliance (31:57) - How Do You Charge For Your Services? (33:12) - The Exponential Savings of Offshore Structuring (35:36) - Exploring the Vibrant Culture of Carnival in Brazil (37:22) - Building a Strong Remote Team Culture (41:57) - Leveraging Technology for Remote Collaboration (45:04) - A Day in the Life of an Expat Entrepreneur (50:38) - The Transformative Experience of Living Abroad (53:23) - Wrapping Up: Insights from an Expat Tax Expert Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Vincenzo VillamenaWebsite: https://onlinetaxman.com/Website: https://globalexpatadvisors.com/LinkedIn: https://www.linkedin.com/company/online-taxman/Twitter: Guest TwitterFacebook: https://www.facebook.com/OnlineTaxman?mibextid=LQQJ4dInstagram: https://instagram.com/onlinetaxman?igshid=OGQ5ZDc2ODk2ZA%3D%3D&utm_source=qrConnect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Blake’s conversation with Kendale King, CPA, gives an insider’s view into the intriguing world of entertainment finance. Kendale shares his transition from Big Four auditor to accounting for multi-million dollar studio deals. You’ll see a new side of accounting blending creativity with business strategy. Gain insight into entertainment studios’ complex “Hollywood Accounting” practices around profit participation and residuals. Understand Kendale’s integral role as crypto assets shape future accounting standards. Appreciate his vision to directly integrate CPA abilities into AI applications. If you want to hear an unconventional accounting journey and glimpse the opportunities for accountants to impact media and emerging technologies, join us for Kendale’s exclusive look behind the scenes.SponsorClient Hub - https://earmarkcpe.promo/clienthubChapters(00:45) - Welcome Kendale to the Show (01:53) - Favorite Gigs and the Impact of DreamCon (06:26) - The Transition from Deloitte to the Entertainment Industry (08:33) - Making the Leap to LA: From Audit to Entertainment Accounting (14:14) - Deep Dive into Entertainment Accounting with Netflix (16:29) - Understanding the Complexities of Content Accounting (22:37) - Why do Studios Shelve Finished Films? (26:51) - The Intricacies of Hollywood Accounting Explained (34:40) - The Evolution of Kendale's Own Firm: KCK (40:16) - The Pricing Puzzle: How KCK CPA Approaches Client Engagements (43:13) - How Can Accountants Learn the Entertainment Business? (46:40) - How Did Kendale Get into the Crypto Space? (49:27) - How Did You Get Invovled with FASB? (55:50) - Exploring AI in Accounting: The Future is Now (57:53) - Where to Reach Kendale Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Kendale KingLinkedIn: https://www.linkedin.com/in/kendale-king-cpa-90916721/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

(Originally recorded on February 15, 2024 on Earmark Webinars+) Hector and Blake recount a brief history of QuickBooks Desktop vs QuickBooks Online through the end of 2023, the state of Intuit’s current offers and posturing in the market, and where they think QuickBooks is moving into for 2024 and beyond.Chapters(01:11) - Hector's Journey: From Tax Practice to Tech Innovator (03:16) - A Deep Dive into QuickBooks' Evolution (07:12) - The Shift to QuickBooks Online and Its Ecosystem (11:41) - Predicting the Future: QuickBooks Desktop's Demise (12:08) - QuickBooks Online: Aiming for Total Workflow Control (14:03) - The Role of AI in Shaping QuickBooks' Future (16:08) - Intuit's Strategy: Moving Beyond Desktop Versions (25:21) - The Controversy Around QuickBooks Live Bookkeeping and Tax Services (30:15) - The Impact of QuickBooks on Accounting Professionals (31:16) - QuickBooks' Strategy for Tax Services (33:07) - The Evolution of QuickBooks Live and Assisted Services (35:14) - The Challenges of Running a Service Business vs. Software Company (37:22) - Intuit's Strategic Shift Towards Assisted Services (42:08) - The Future of Accounting: AI and Automation (48:02) - Listener Questions and Insights on QuickBooks Features (54:37) - Exploring TurboTax Verified Pro and Its Implications (57:08) - Closing Remarks and Resources Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comEarn CPE for this episode https://app.earmarkcpe.com/?course_id=8b2e537a-e5f6-4c4d-a94f-c93b44000ebaDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Hector Garcia, CPALinkedIn: https://www.linkedin.com/in/hectormgarciacpa/Website: http://www.hectorgarcia.comTwitter: https://twitter.com/qbkaccountingConnect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Rob Valdez joins Blake to discuss how artificial intelligence and generative chatbots like ChatGPT could automate routine audit tasks. They also explore the potential to train staff more effectively, save significant time on substantive testing, draft higher quality work, and some challenges around adopting these tools, such as security fears, poor system integration, and partners resistant to change.SponsorShareFile - https://earmarkcpe.promo/sharefileChapters(00:53) - Rob Valdez Joins the Show to Talk About AI (02:27) - What Does Rob Do and What Is His Background? (03:35) - State of Artificial Intelligence in Audit (05:21) - Exploring the Use of AI Chatbots (08:55) - Potential of AI in Drafting Financial Statements (12:16) - The Future of AI with Audit (23:41) - Implications of AI on Audit Staff Roles (29:14) - The Power of Automation and Teamwork (31:00) - Challenges in Adopting AI in Firms (33:36) - The Inefficiencies of Current Data Management (35:53) - The Need for Integrated Systems (39:40) - What Will Motivate Aduit Firms To Adapt? (49:04) - The Possibility of Private Equity Getting Involved (53:30) - The Importance of Self-Disruption (54:59) - Thanks For Listening and How To Reach Rob Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Rob ValdezLinkedIn: https://linkedin.com/in/rob-valdezTwitter: https://twitter.com/robvaldezcpaLearn more about NovogradacWebsite: https://www.novoco.com/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Phong Ngo and Charley Howe join Blake to discuss how their accounts payable automation software is helping small and mid-sized manufacturers, construction companies, and other businesses capture detailed invoice data to enable precise job costing and reporting without expensive ERP implementations. Learn how starting with solving the accounts payable data entry pain point allows them to streamline workflows while accounting firms and their clients gain efficiency. They also highlight the benefits of the MakersHub partner program for accountants.SponsorMakersHub - https://earmarkcpe.promo/makershubChapters(00:00) - Solving Accounts Payable Pain Points with MakersHub (00:53) - Welcome Charley and Phong from MakersHub to the show (01:14) - What makes MakersHub different from other AP solutions? (05:16) - The power of MakersHub's proprietary technology (06:18) - Phong's journey from engineering to business (09:14) - The limitations of solutions already on the market (12:13) - The vision for MakersHub (14:58) - Charley's journey from banking to startups (20:13) - The evolution of MakersHub (26:36) - Solving at the build level first (34:29) - Which accountants and bookkeepers is MakersHub For? (38:54) - Creating a product that creates value for accounting firms (44:21) - How does an accountant or firm get started with MakersHub? (46:49) - Thanks for listening and please reach out to learn more Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guests: Charley HoweLinkedIn: https://www.linkedin.com/in/charles-howe-7a9816118Facebook: https://www.facebook.com/MakersHub.aiOfficial/Phong NgoLinkedIn: https://www.linkedin.com/in/phong-ngoLearn more about MakersHubWebsite: http://www.discover.makershub.ai/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Blake chats with Brandt Kucharski, former chief accounting officer at GrubHub and current CAO at Ethos Life, about his career journey from public accounting to leading startups through IPOs. They discuss Brandt's pivotal role in taking GrubHub public as one of the first "unicorn" startups, the process of scaling accounting teams and controls, nonprofit work with the Holiday Heroes Foundation, and thoughts on increasing accounting talent amid growing complexity.SponsorShareFile - https://earmarkcpe.promo/sharefileChapters(01:06) - Welcome Brandt Kurcharski to the show (02:37) - Early Career and Joining GrubHub (05:07) - What was the first thing you did at GrubHub? (05:41) - The Journey to IPO (09:51) - What advice would you give a young controller going through an IPO (11:29) - Let's talk about GrubHub's tech stack at the time (15:26) - Building the Accounting Team at GrubHub (18:03) - The smartest thing you did at GrubHub (23:56) - Reflection on GrubHub's Success (25:21) - Biggest mistake you made at GrubHub (26:47) - Size of Your Accounting Team (29:03) - The Merger with Seamless and Going Public Again (31:09) - Let's talk Sarbanes-Oxley (34:47) - The Journey of Grubhub's Second Public Listing (35:54) - The Challenges of Merging and Going Public Again (37:53) - The Role of Charity in Personal Growth (41:04) - Accounting Challenges For a Charity (43:19) - The Journey from Grubhub to Ethos Life (47:35) - Accounting at Ethos vs GrubHub (49:14) - The Impact of Accounting Standards on Business (55:13) - The Accounting Talent Crisis and Possible Solutions (01:01:11) - Thanks for Listening and Remember to Subscribe Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Brandt KucharskiLinkedIn: https://www.linkedin.com/in/brandtkucharski/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

On this bonus episode Blake explores how artificial intelligence will transform the accounting profession. You'll learn how leading AI tools and chatbots can help automate routine tasks, freeing you up to focus on more strategic, higher-value services. He'll also walk through real-world examples of using AI for document analysis, tax research, correspondence, transcript review, drafting/editing, and more. Whether you're a sole practitioner or work in a large firm, this episode will equip you with actionable tactics to drive efficiency with existing clients and expand your advisory services. Don't let AI disrupt accounting without you!Chapters(00:00) - Introduction and Overview of AI Chatbots (01:11) - Potential of AI in Automating Accounting (02:43) - How AI Can Improve Communication in Accounting (03:19) - Current Usage of AI in Accounting (04:17) - Exploring Leading AI Chatbots (04:32) - Introduction to ChatGPT (06:22) - Introduction to Claude by Anthropic (07:03) - Introduction to BARD and Grammarly (08:19) - Using Bing Chat for Web Search (16:42) - Document Analysis with Claude (23:48) - Explaining Accounting Concepts with AI (31:12) - Exploring ChatGPT's Web Search Feature (31:41) - Answering Audience Questions: Data Protection in Microsoft Copilot (33:27) - Demonstrating ChatGPT's Response Generation (36:08) - Using AI for Client Questions and Voicemail Transcripts (41:36) - Drafting Policies and Procedures with AI (41:45) - Responding to IRS Notices with AI (46:48) - Summarizing Meeting Transcripts with AI (54:21) - Q&A and Closing Remarks Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/

Hitendra R. Patil joins Blake for an insightful conversation about the staffing shortage in the accounting profession, identifying overwork and lack of work-life balance as key issues causing high burnout rates. They explore potential solutions like dropping the billable hour model, measuring impact rather than hours worked, outsourcing certain tasks, and focusing on specific value-added services. Patil also describes how his company helps accounting firms efficiently leverage offshore talent.SponsorShareFile - https://earmarkcpe.promo/sharefileChapters(00:47) - Hitendra Patil joins the show (03:24) - Let's talk about CAS (04:43) - What do you see firms call their communication with clients? (12:19) - National Association of Tax Professionals 2023 study (13:27) - CAS is vague and firms need to figure out what they want to offer from it (14:17) - What is causing the accounting shortage? (20:35) - How big of problems are the overwork and pay? (25:01) - More and more firms are offshoring work (29:34) - How long is offshoring a viable option? (32:52) - What are the accounting student numbers in India? (35:03) - Korn Ferry study on future shortages of working professionals (40:13) - What is the real underlying cause of the talent shortage (41:52) - Hourly timesheets and billing (44:01) - How can accountants measure impact on clients? (51:13) - Datamatics Business Solutions Inc. (58:07) - Thanks for listening and remember to earn your free CPE on Earmark Sign up to get free CPE for listening to this podcasthttps://earmarkcpe.comDownload the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appConnect with Our Guest, Hitendra R. PatilLinkedIn: https://www.linkedin.com/in/hitendrapatil/Twitter: https://twitter.com/HitendraRPatilFacebook: https://www.facebook.com/HitendraRPatil/Instagram: https://www.instagram.com/accountaneur/Learn more about Datamatics Business Solutions, Inc. (DBSI) Website: https://datamaticscpa.com/accounting-bookkeeping-outsourcing-for-usa-cpas/Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/