04.04.2024 - By Blake Oliver & David Leary
Blake and David dig through the latest accounting news, including the effectiveness of pizza parties in boosting accounting firm morale, the record number of baby boomers reaching retirement age, and the impact on Social Security, as well as the massive amount of COVID-related fraud originating in South Florida. They also take a look at audit integrity issues, the long working hours in accounting, and some of the latest app headlines. Sponsors
LiveFlow - http://accountingpodcast.promo/liveflow
Relay - http://accountingpodcast.promo/relay
Bookkeep - http://accountingpodcast.promo/bookkeep
Chapters
(00:22) - Thomson Reuters says pizza parties boost accountants morale
(03:33) - Trump cheats at golf
(04:50) - Truth Social goes public
(07:41) - Grant Thornton sells majority stake to private equity firm
(12:28) - Almost 20% of all PPP fraud happened in South Florida
(17:59) - 49ers docked 5th round draft pick for accounting error
(20:08) - Sam Bankman Freed sentenced to 25 years in prison
(22:29) - David shares WSJ video on the future of social security
(31:16) - Tingo audit faulire update
(41:48) - Big 4 Transparency firm awards
(50:28) - Blake takes on a Reddit user's problem
(56:35) - Microsoft Teams combining business and personal offerings
(57:04) - Thanks for listening and remember to subscribe
Show Notes FTX Founder Sam Bankman-Fried Sentenced to 25 Years https://www.wsj.com/finance/currencies/sam-bankman-fried-sentencing-ftx-fraud-2d92fce9?st=d45lmr6uc8gg6wc
Trump ‘cheats like a mafia accountant’ at golf, writer who played with him says - pennlive.com https://www.pennlive.com/news/2024/03/trump-cheats-like-a-mafia-accountant-at-golf-writer-who-played-with-him-says.html
Big 4 Transparency - Awards Season