AICPA 

XBRL Costs for Small Companies Have Declined 45%, According to AICPA Study
The AICPA and XBRL US have found that the cost of XBRL formatting for small reporting companies has declined 45 percent since 2014, according to an updated pricing survey.
August 15, 2018

CBO

Cost Estimate
H.R. 5682, FIRST STEP Act
August 20, 2018

Cost Estimate
H.R. 5869, Maritime Border Security Review Act
August 20, 2018

Cost Estimate
S. 3143, National Quantum Initiative Act
August 20, 2018

Cost Estimate
S. 2861, Passenger Rail Crew Protection Parity Act
August 20, 2018 

Cost Estimate
H.R. 1872, Reciprocal Access to Tibet Act of 2017
August 17, 2018

Cost Estimate
Senate Amendment 3695 to H.R. 6157, the Department of Defense and Labor, Health and Human Services, and Education Appropriations Act, 2019
August 17, 2018

Cost Estimate
H.R. 4257, Advancing Conservation and Education Act
August 16, 2018

Cost Estimate
S. 645, Measuring the Economic Impact of Broadband Act of 2018
August 16, 2018

Cost Estimate
S. 3273, Port Operations, Research, and Technology Act
August 16, 2018

Cost Estimate
S. 2836, Preventing Emerging Threats Act of 2018
August 16, 2018

Blog Post
CBO Releases an Interactive Tool for Analyzing the Military’s Forces and Provides an Update on Transparency
August 16, 2018

Report
An Update on Transparency at CBO
August 16, 2018

Cost Estimate
S. 2804, Cultivating Resources, Opportunity, Prosperity, and Sustainability (CROPS) for Indian Country Act
August 15, 2018

Report
The U.S. Military’s Force Structure: Fiscal Year 2019 Update to Personnel Numbers and Costs
August 15, 2018

Interactive
CBO’s Interactive Force Structure Tool
August 15, 2018

FASB

FASB Proposes Narrow-Scope Improvements to Credit Losses Standard  [08/20/18]
News Release
Exposure Document

FASB Improves Accounting Guidance for Insurance Companies That Issue Long-Duration Contracts  [08/15/18]
News Release
ASU 2018-12
FASB In Focus
Understanding Costs and Benefits
Video

GAO

Medicaid:
CMS Has Taken Steps to Address Program Risks but Further Actions Needed to Strengthen Program Integrity
GAO-18-687T:Published: Aug 21, 2018. Publicly Released: Aug 21, 2018.

Military Readiness:
Air Force Plans to Replace Aging Personnel Recovery Helicopter Fleet
GAO-18-605:Published: Aug 16, 2018. Publicly Released: Aug 16, 2018.

San Francisco Bay Delta Watershed:
Wide Range of Restoration Efforts Need Updated Federal Reporting and Coordination Roles
GAO-18-473:Published: Aug 16, 2018. Publicly Released: Aug 16, 2018.

Criminal Alien Statistics:
Information on Incarcerations, Arrests, Convictions, Costs, and Removals
GAO-18-433:Published: Jul 17, 2018. Publicly Released: Aug 16, 2018.

Indian Health Service:
Agency Faces Ongoing Challenges Filling Provider Vacancies
GAO-18-580:Published: Aug 15, 2018. Publicly Released: Aug 15, 2018.

Military Aviation Mishaps:
DOD Needs to Improve Its Approach for Collecting and Analyzing Data to Manage Risks
GAO-18-586R:Published: Aug 15, 2018. Publicly Released: Aug 15, 2018.

Federal Employee Misconduct:
Actions Needed to Ensure Agencies Have Tools to Effectively Address Misconduct
GAO-18-48:Published: Jul 16, 2018. Publicly Released: Aug 15, 2018. 

IASB

20 August 2018
New IFRS 17 webcast: insurance contracts with participation and other features

16 August 2018
Check the numbers: Accounting information still matters to you, me and investors around the world

IRS 

Tax Security 101: Security Summit urges tax professionals to educate all employees about data security, computing safeguards
IR-2018-170, Aug. 21, 2018 — The IRS and its Security Summit partners today called on tax professionals to step up security education for all office employees, including themselves, to better protect taxpayer data and help prevent fraudulent return filings.

Registration for Orlando IRS Nationwide Tax Forum ends soon; Save money by registering before Aug. 28
IR-2018-169, Aug. 20, 2018 — The IRS today said that tax professionals wishing to attend the IRS Nationwide Tax Forum in Orlando can save $115.

For people involved in the sharing economy: Do a ‘Paycheck Checkup’ now, avoid a surprise year-end tax bill
IR-2018-168, Aug. 17, 2018 — The Internal Revenue Service urges anyone working in the sharing economy to perform a Paycheck Checkup now to avoid an unexpected tax bill when they file their return next year.

Taxpayers with children, other dependents should check their withholding soon
IR-2018-167, Aug. 16, 2018 — The IRS urges taxpayers with children and other dependents to use the Withholding Calculator at IRS.gov to do a “paycheck checkup.”

Key tax change affects taxpayers with dependents; IRS urges workers to check withholding
IR-2018-166, Aug. 15, 2018 — The IRS urges taxpayers who support dependents who can’t be claimed for the Child Tax Credit to do a paycheck checkup soon.

SEC

SEC Charges Former Online Marketing Company Executives With Inflating Operating Metrics
Washington D.C., Aug. 21, 2018 —The Securities and Exchange Commission today announced settled charges with two former top officers of Endurance International Group Holdings Inc. for overstating the company’s subscriber base, and charged a former executive of Constant Contact Inc. for making similar misrepresentations.

SEC Charges Technology Fund Adviser, Founder in Fraudulent Scheme
Washington D.C., Aug. 20, 2018 —The Securities and Exchange Commission today charged the founder of San Francisco-based venture capital funds and his investment advisory firm with overcharging investors to fund personal projects, including sending millions of dollars to his own virtual reality production company.

Merrill Lynch Settles SEC Charges of Undisclosed Conflict in Advisory Decision
Washington D.C., Aug. 20, 2018 —The Securities and Exchange Commission today announced that Merrill Lynch, Pierce, Fenner & Smith has agreed to pay approximately $8.9 million to settle charges that it failed to disclose a conflict of interest arising out of its own business interests in deciding whether to continue to offer clients products managed by an outside third-party advisory firm. 

SEC Adopts Rule Amendments to Improve Municipal Securities Disclosure
Washington D.C., Aug. 20, 2018—The Securities and Exchange Commission adopted amendments to enhance transparency in the municipal securities market. The adopted amendments to Rule 15c2-12 of the Securities Exchange Act will focus on material financial obligations that could impact an issuer’s liquidity, overall creditworthiness, or an existing security holder’s rights.

SEC Charges Unregistered Brokers Who Sold Woodbridge Securities to Main Street Investors
Washington D.C., Aug. 20, 2018 —The Securities and Exchange Commission today charged five individuals and four companies for unlawfully selling securities of Woodbridge Group of Companies LLC to retail investors.  Woodbridge collapsed into bankruptcy in December 2017 and the SEC previously charged the company, its owner, and others with operating a massive $1.2 billion Ponzi scheme.

SEC Adopts Amendments to Simplify and Update Disclosure Requirements
Washington D.C., Aug. 17, 2018—The Securities and Exchange Commission today announced that it has voted to adopt amendments to certain disclosure requirements that have become duplicative, overlapping, or outdated in light of other Commission disclosure requirements, U.S. Generally Accepted Accounting Principles (GAAP), or changes in the information environment. 

Citigroup to Pay More than $10 Million for Books and Records Violations and Inadequate Controls
Washington D.C., Aug. 16, 2018 —The Securities and Exchange Commission today announced that Citigroup has agreed to pay $10.5 million in penalties to settle two enforcement actions involving its books and records, internal accounting controls, and trader supervision. The charges stem from $81 million of losses due to trader mismarking and unauthorized proprietary trading and $475 million of losses due to fraudulently-induced loans made by a Mexican subsidiary.

SEC Charges Ameriprise Financial Services for Failing to Safeguard Client Assets
Washington D.C., Aug. 15, 2018 —The Securities and Exchange Commission today announced that Ameriprise Financial Services Inc. will pay $4.5 million to settle charges that it failed to safeguard retail investor assets from theft by its representatives.