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- The Daily Lowdown - May 16 2025
The Daily Lowdown - May 16 2025

The Friday Lowdown ⬇️
If you're new around here, every day I share the 4-5 best accounting insights I saw in the past 24 hours.
I scroll. so you don't have to.
💎 WTF of the Day

Gen z and millennials want more than a paycheck
Deloitte says younger workers are done settling. Gen Z and millennials want three things from a job: money, meaning, and mental health. And if they do not get it, they leave. Half of them already have.
Most are living paycheck to paycheck, skipping expensive degrees, and looking to learn on the job. But here is the catch, they will not just work anywhere. If your company’s values feel off or you do not offer growth, they are out. This is not about ping pong tables. It is about purpose or they are gone.
Source: Accounting Times
💎 What’s poppin in accounting

South Carolina, Oregon join states removing 150-hour CPA hurdle
South Carolina and Oregon just joined a growing list of states giving future CPAs a break. New laws in both states say you can get licensed with a regular bachelor’s degree, two years of experience, and passing the exam, no need for the fifth year of college that the old 150 hour rule required.
More than a dozen states have now made similar moves. And with the AICPA and NASBA backing the shift, momentum is building.
Source: CFO Dive
📊 Weekly Trend Chart

Chatgpt is still eating every other chatbot's lunch
Perplexity is close to raising another $500 million at a $14 billion valuation. Investors are hyped about its Al search engine and a new browser called Comet that might drop any day now. But let's be real, this is still ChatGPT's world.
OpenAl's flagship bot pulled in 780 million US visits last month. That's more traffic than Perplexity, Claude, Grok, and DeepSeek combined, by more than 8 times. Even with money flooding the space, no one's really catching up. Yet.
#😂
self sabotaging 😂 😂
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