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BOI Blocked | 57% of Firms Raising Prices | Creepy EY Bot
Description
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.
Sponsors
OnPay - http://accountingpodcast.promo/onpay
Zoho - http://accountingpodcast.promo/zoho
SmartVault - http://accountingpodcast.promo/smartvault
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
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
Follow up to the "AICPA is illegally hiding salary info on job postings". After several emails, I convinced them to comply with the law
PCAOB Adopts Auditor Performance Metrics, Increased Firm Rep