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BOI Blocked | 57% of Firms Raising Prices | Creepy EY Bot

BOI Blocked | 57% of Firms Raising Prices | Creepy EY Bot


Episode 413


Congratulations to Blake for making Accounting Today's Top 100 Most Influential People list!  Today, Blake and David dig into several significant developments in accounting, including a federal court's decision to block BOI reporting nationwide. They also examine which of the 57% of accounting firms plan to raise fees in 2025 and take a look at the AICPA's Experience Learn and Earn (ELE) program. There's also talk about new PCAOB reporting requirements for audit firms and the recent acquisition of Dext by Iris Software Group.

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Chapters
  • (00:31) - Celebrating Achievements and Social Media Impact
  • (03:16) - Key News Stories: Price Increases and Regulatory Changes
  • (04:17) - BOI Reporting Requirement Blocked
  • (14:21) - Raising Prices in Accounting Firms
  • (17:39) - Experience, Learn, and Earn Program
  • (22:26) - AICPA and Overtime Pay Ruling
  • (30:12) - PCAOB's New Reporting Requirements
  • (34:48) - Debating the Future of Auditing
  • (35:50) - Impact of AI on Auditing
  • (37:21) - Evaluating PCAOB's Effectiveness
  • (38:32) - PCAOB Sanctions and Penalties
  • (45:00) - Macy's Financial Controversy
  • (48:31) - EY's AI Interview Bot
  • (53:29) - AI's Impact on Productivity
  • (58:14) - Dext Acquisition by Iris
  • (01:01:58) - Closing Remarks and Future Topics
 


Show Notes

Accounting Today - The 2024 Top 100 Most Influential People https://arizent.brightspotcdn.com/c3/0f/2649ee17493eab95634bbc91f5f7/top-100-most-influential-people-updated.pdf

 

Federal Court Enjoins Enforcement of the CTA Nationwide; Reporting Companies “Need Not Comply” with January 1 Deadline

https://natlawreview.com/article/texas-federal-court-blocks-corporate-transparency-act-halts-nationwide-enforcement

 

Survey Says 57% of Firms Are Raising Prices Next Year

https://cpatrendlines.com/2024/11/14/survey-says-57-of-firms-are-raising-prices-next-year/

 

Experience, Learn, and Earn
 https://experiencelearnearn.org/

 

Expanded Access Now Available for AICPA-NASBA ELE Program

https://nasba.org/blog/2024/11/15/expanded-access-aicpa-nasba-ele-program/

 

Texas Judge Tosses Biden Overtime Expansion for Millions

https://news.bloomberglaw.com/daily-labor-report/overtime-expansion-for-4-million-workers-tossed-by-texas-judge

 

Follow up to the "AICPA is illegally hiding salary info on job postings". After several emails, I convinced them to comply with the law

https://www.reddit.com/r/Accounting/comments/1g0ib4z/follow_up_to_the_aicpa_is_illegally_hiding_salary/

 

PCAOB Adopts Auditor Performance Metrics, Increased Firm Rep


Published on 1 year ago






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