The Accounting Podcast

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.


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

 

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

 

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

 

Expanded Access Now Available for 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 Reporting Rules https://tax.thomsonreuters.com/news/pcaob-adopts-auditor-performance-metrics-increased-firm-reporting-rules

 

Critics see chance to close down US audit regulator under Trump

 

Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings

 

KPMG Survey: AI Adoption Across US Finance Functions Reaches Highest Levels, with ROI Exceeding Expectations

 

IRIS Software Group Announces Intent to Acquire Dext Software Ltd.

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The full transcript for this episode is available by clicking on the Transcript tab at the top of this page