Guest: Paul Barnhurst, The FP&A Guy; Corporate frauds go undetected; Xero lays off 800; IRS process had a 20X improvement, and more!
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Show Notes
Xero to lay off up to 800 staff as tech downturn spreads to accounting
IRS expands digital processing
https://www.accountingtoday.com/news/irs-expands-digital-processing
Senate approves Werfel as IRS chief
https://www.accountingtoday.com/news/senate-approves-werfel-as-irs-chief
Reshaping Xero to enable disciplined growth and focus
https://www.xero.com/blog/2023/03/reshaping-xero-to-enable-growth/
Bill.com Holdings: QuickBooks Flips From Asset To Serious Threat ...
Ramp Raises $5 Million for User and Revenue Forecasting Platform
The Week That Broke the Bank for Crypto
https://www.pymnts.com/cryptocurrency/2023/the-week-that-broke-the-bank-for-crypto/
FinTech Cash Burn Totaled $12 Billion in 2022
https://www.pymnts.com/news/fintech-investments/2023/fintech-cash-burn-totaled-12-billion-in-2022/
What’s going on at Silicon Valley Bank?!
https://newsletter.dtrh.co/p/whats-going-on-at-silicon-valley
Silicon Valley Bank shoots self in foot
https://techcrunch.com/2023/03/09/silicon-valley-bank-shoots-self-in-foot/
Most corporate fraud goes undetected
https://www.cfobrew.com/stories/2023/01/26/most-corporate-fraud-undetected-new-study
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