Use Relay to Auto-Transfer Income to Your Operating Checking Account Every Day

Use Relay to Auto-Transfer Income to Your Operating Checking Account Every Day

This new Relay feature is my favorite yet! Now you can set up auto-transfer rules to automatically transfer money from one account to another (or multiple). I'm using it to sweep money from my income accounts into my operating account on a nightly basis. Watch the video to learn how to set it up.

Distorted Images: How Accounting Rules Allow Banks to Hide the True State of Their Finances

Distorted Images: How Accounting Rules Allow Banks to Hide the True State of Their Finances

The accounting treatment of mortgage-backed securities (MBS) on bank balance sheets can distort the true financial health of banks and mislead investors. The current practice of classifying MBS as "hold-to-maturity" investments enables banks to manage earnings and hide their financial position. Therefore, the Financial Accounting Standards Board (FASB) should prioritize transparency and accountability by reevaluating this practice, which can promote a more stable financial system.

A CPA's Perspective on the SVB Collapse: Rethinking Financial Protection and Reporting for Investors

A CPA's Perspective on the SVB Collapse: Rethinking Financial Protection and Reporting for Investors

Get a CPA's perspective on how to prevent another startup bank run, as we dive into the complexities of FDIC protection, financial statements, and investor risk assessment in the world of startups. Learn why increased regulation may not be the answer and how a transformed financial reporting system could empower investors. Let's reimagine investor protection and the future of accounting.

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Build A Focused Firm Finale: "Let’s Talk Practice Management"

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Build A Focused Firm Finale: "Let’s Talk Practice Management"

Hector Garcia, CPA, will summarize the key takeaways from all seven episode of this series. Discover the most important things accounting firm owners need to know about positioning, the business model, technology, sales process & onboarding, value pricing & offering guarantees, attracting & retaining talent, and innovation. Join us live to ask your questions and get answers from Hector.

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Silicon Valley Bank Collapse: Understanding The Impact On Your Firm & Clients

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Silicon Valley Bank Collapse: Understanding The Impact On Your Firm & Clients

Get a comprehensive rundown of the accounting apps affected by the closure, find out what this means for SVB depositors, and get valuable tips on how you can best communicate these changes to your clients. Don't miss this opportunity to make sure you're prepared during this time of uncertainty.

The cost of the 150-hour rule: $2 billion

The cost of the 150-hour rule: $2 billion

What is the cost of the 150-hour rule to becoming a CPA in the US? Based on my calculations, the accounting profession spends at least $2 billion per year on the fifth year of education. The cost to each candidate often exceeds $100,000. Read my post on Accounting Today to learn how I got to that number.

Jimmy Corley says "We need to take a hard look" at the 150 hour rule for CPA licensure

What do the states think about NASBA and AICPA's efforts to quash the Minnesota Society of CPAs effort to create an alternative CPA pathway — one that doesn’t include a 5th year of education?

How Tech Can Increase Conversions & Revenue For Accounting Firms

How Tech Can Increase Conversions & Revenue For Accounting Firms

Learn how technology can help you increase conversions and revenue as an accounting firm owner by tuning in to this episode of the Abundant Accountant podcast. I had a great time with Michelle talking about how to use technology to automate processes and stand out from the competition.