AICPA 

AICPA Shows Strong Support for Disaster Retirement Savings Act 
Oct 20, 2021 

AICPA Honors Bel Needles with Gold Medal of Distinction:Bel Needles is the recipient of the 2021 AICPA Gold Medal, the highest honor the Institute bestows. 
Oct 19, 2021 

CBO 

Cost Estimate 
H.R. 5221, Urban Indian Health Confer Act
October 21, 2021
As ordered reported by the House Committee on Natural Resources on October 13, 2021

Cost Estimate 
H.R. 570, Offshore Accountability Act of 2021 
October 21, 2021
As ordered reported by the House Committee on Natural Resources on October 13, 2021

Report 
Testimony on CBO’s Efforts to Enhance Its Transparency, Effectiveness, and Efficiency
October 21, 2021
CBO Director Phillip Swagel testifies before the Select Committee on the Modernization of Congress, U.S. House of Representatives.

Cost Estimate 
S. 2201, Supply Chain Security Training Act of 2021
October 20, 2021
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 14, 2021

Cost Estimate 
S. 2293, CREW Act
October 20, 2021
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 14, 2021

Cost Estimate 
H.R. 3037, Housing Survivors of Major Disasters Act of 2021
October 19, 2021
As ordered reported by the House Committee on Transportation and Infrastructure on July 28, 2021

Cost Estimate 
H.R. 3709, Preliminary Damage Assessment Improvement Act of 2021
October 19, 2021
As ordered reported by the House Committee on Transportation and Infrastructure on July 28, 2021

Cost Estimate 
Provisions in Reconciliation Legislation That Would Affect Health Insurance Coverage of People Under Age 65
October 19, 2021
As reported on September 27, 2021

Cost Estimate 
H.R. 1508, Guidance Clarity Act of 2021
October 18, 2021
As ordered reported by the House Committee on Oversight and Reform on July 20, 2021

Cost Estimate 
H.R. 4026, Social Determinants of Health Data Analysis Act of 2021
October 18, 2021
As ordered reported by the House Committee on Energy and Commerce on July 21, 2021

Cost Estimate 
Legislation considered under suspension of the Rules of the House of Representatives during the week of October 18, 2021 
October 18, 2021
The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. CBO estimates the effects of those bills on direct spending and revenues.

FASB 

Representatives of the Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Biannual Meeting.
October 20, 2021

GAO 

GAO 
A Century of Strategic Evolution to Meet Congressional Needs 
GAO-22-900369
Published: Oct 21, 2021. 
Publicly Released: Oct 21, 2021.
We testified about the wide range of services we provide to Congress, how they have evolved, and how the agency is positioned for the future. GAO began in 1921 reviewing payments and conducting financial reviews.

Weapon System Requirements 
Joint Staff Lacks Reliable Data on the Effectiveness of Its Revised Joint Approval Process 
GAO-22-104432
Published: Oct 21, 2021.
Publicly Released: Oct 21, 2021.
DOD has faced challenges acquiring new weapon systems—such as aircraft, ships, and satellites—on time and on budget. In 2018, DOD revised its process for reviewing and approving "capability documents," which identify new or enhanced capabilities in weapon systems.

COVID-19 Pandemic 
Observations on the Ongoing Recovery of the Aviation Industry 
GAO-22-104429
Published: Oct 21, 2021.
Publicly Released: Oct 21, 2021.
The COVID-19 pandemic had a profound impact on the U.S. aviation industry. Passenger traffic in April 2020 was 96% lower than April 2019, and stayed 60% below 2019 levels in 2020. Effects cascaded across airports, repair shops, and the supply chain. 

Alternatives to Radioactive Materials 
A National Strategy to Support Alternative Technologies May Reduce Risks of a Dirty Bomb 
GAO-22-104113
Published: Oct 21, 2021.
Publicly Released: Oct 21, 2021.
Dangerous radioactive material is used in many medical and industrial applications. But, if it ends up in the wrong hands, it could be used in a dirty bomb. Replacing technologies that use radioactive materials with safer alternatives can protect people and reduce potential financial costs. 

Information Technology 
Cost and Schedule Performance of Selected IRS Investments 
GAO-22-104387
Published: Oct 19, 2021.
Publicly Released: Oct 19, 2021.
The IRS reported spending about $2.8 billion in FY 2020 on its IT systems for collecting taxes, distributing refunds, and more. According to the IRS, the five IT systems in our review met most of the performance goals it had set for FYs 2019 and 2020. 

Federal Reserve Lending Programs 
Credit Markets Served by the Programs Have Stabilized, but Vulnerabilities Remain 
GAO-22-104640
Published: Oct 19, 2021.
Publicly Released: Oct 19, 2021.
The last of the Federal Reserve's emergency lending programs supported through CARES Act funding ended in early 2021. As of September 1, 2021, the programs had about $19 billion in assets. 

Quantum Computing and Communications 
Status and Prospects 
GAO-22-104422
Published: Oct 19, 2021.
Publicly Released: Oct 19, 2021.
Quantum information technologies build on quantum physics to collect, generate, process, and communicate information in ways that existing technologies can't. 

Senate Gift Shop Revolving Fund 
Procedures Related to FY 2020 Receipts and Disbursements 
GAO-22-105233
Published: Oct 19, 2021. 
 Publicly Released: Oct 19, 2021.
The Senate Gift Shop sells gift items to members of the Senate, their staff, and the public. As part of our role in helping Congress oversee its own funds, we performed certain procedures that were requested on behalf of the Secretary of the Senate. 

IASB 

Watch a Chinese-language overview of the Exposure Draft Management Commentary 
21 Oct 2021
Webcast 

September 2021 IFRS Advisory Council meeting report available 
20 Oct 2021
Meeting 

IRS 

IRS, Security Summit partners remind families to make online safety a priority during National Cybersecurity Month 
IR-2021-209, Oct. 22, 2021 — The IRS today reminded families, teens and senior citizens about the continued importance of protecting personal and financial information online. 

COVID relief: IRS helps employers wanting to rehire retirees or retain employees after retirement age 
IR-2021-208, October 22, 2021 — To help address COVID-related labor shortages, the Internal Revenue Service today reminded employers that they generally will not jeopardize the tax status of their pension plans if they rehire retirees or permit distributions of retirement benefits to current employees who have reached age 59 ½ or the plan’s normal retirement age. 

IRS reminds tax professionals that it’s time to renew PTINs 
IR-2021-207, October 21, 2021 — The Internal Revenue Service reminds the more than 759,000 federal tax return preparers they must renew their Preparer Tax Identification Numbers (PTINs) now for 2022. All current PTINs will expire December 31, 2021. 

IRS reminds employers to e-file payroll tax returns timely 
IR-2021-206, October 20, 2021 — The Internal Revenue Service today reminded employers that the next quarterly payroll tax return is due November 1, 2021. 

NYC

Get Property Tax Lien Sale Help 

SEC 

Credit Suisse to Pay Nearly $475 Million to U.S. and U.K. Authorities to Resolve Charges in Connection with Mozambican Bond Offerings: VTB Capital Also Agrees to Settlement with SEC for Role in Misleading Investors 
2021-213., Oct. 19, 2021 — Credit Suisse Group AG has agreed to pay nearly $475 million to U.S. and U.K authorities, including nearly $100 million to the Securities and Exchange Commission, for fraudulently misleading investors and violating the Foreign Corrupt Practices Act (FCPA) in a scheme involving two bond offerings and a syndicated loan that raised funds on behalf of state-owned entities in Mozambique. 

SEC Staff Releases Report on Equity and Options Market Structure Conditions in Early 2021 
2021-212, Oct. 18, 2021 — The Securities and Exchange Commission today published a Staff Report on Equity and Options Market Structure Conditions in Early 2021, which focuses on the January 2021 trading activity of GameStop Corp (GME), the most famous of the "meme stocks." Because the meme stock episode raised several questions about market structure, the staff report also provides an overview of the equity and options market structure for individual investors. 

TIGTA 

The Taxpayer Advocate Service Assisted Thousands of Taxpayers With CARES Act Issues but Faced Challenges in Identifying and Tracking Applicable Cases 
October 20, 2021