AICPA 

Press Release
AICPA Brings Consistency, Clarity and Transparency to Valuation of Financial Instruments with Launch of new Credential and Performance Framework
AICPA announces the launch of a new credential and accompanying performance framework that will enhance the consistency, clarity and transparency of the valuation of financial instruments.
April 1, 2019

Press Release
AICPA Comments to IRS on Proposed Foreign Tax Credit Regulations
The comments focus on clarifying the proper foreign tax credit basket assignment for various categories of income and expenses.
March 27, 2019

Press Release
AICPA Thanks Department of Treasury and IRS for Giving Taxpayers Much Needed Penalty Relief
The AICPA proposed in January 2019 that taxpayers who paid at least 80 percent of taxes due should receive penalty relief.
March 26, 2019

CBO

Report
Answers to Questions for the Record Following a Hearing on The Budget and Economic Outlook: 2019 to 2029 Conducted by the Senate Committee on the Budget
March 29, 2019
The Senate Budget Committee convened a hearing at which Director Keith Hall testified about The Budget and Economic Outlook: 2019 to 2029. This document provides CBO’s answers to questions submitted for the record by members of the Committee.

Cost Estimate
H.R. 1590, Terrorist and Foreign Fighter Travel Exercise Act of 2019
March 28, 2019
As ordered reported by the House Committee on Homeland Security on March 13, 2019

Report
The Congressional Budget Office's Work in 2018: A Report to the Congress
March 28, 2019
Since 1975, CBO has produced nonpartisan analyses of budgetary and economic issues in support of the Congress. In 2018, CBO completed 947 formal cost estimates, 70 analytic reports and working papers, and many other products.

Cost Estimate
Divisions A and B of Senate Amendment 201 to H.R. 268
March 27, 2019
As filed for consideration by the Senate on March 26, 2019

​Cost Estimate
H.R. 295, End Banking for Human Traffickers Act of 2019
March 25, 2019
As ordered reported by the House Committee on Foreign Affairs on March 7, 2019

GAO

2018 Lobbying Disclosure:
Observations on Lobbyists' Compliance with Disclosure Requirements
GAO-19-357: Published: Mar 29, 2019. Publicly Released: Mar 29, 2019.

Patient-Centered Outcomes Research Institute:
Review of the Audit of the Financial Statements for Fiscal Year 2018
GAO-19-413R: Published: Mar 29, 2019. Publicly Released: Mar 29, 2019.

Defense Health Care:
DOD's Proposed Plan for Oversight of Graduate Medical Education Programs
GAO-19-338: Published: Mar 28, 2019. Publicly Released: Mar 28, 2019.

Employment and Training Programs:
Department of Labor Should Assess Efforts to Coordinate Services Across Programs
GAO-19-200: Published: Mar 28, 2019. Publicly Released: Mar 28, 2019.

Financial Audit:
Fiscal Years 2018 and 2017 Consolidated Financial Statements of the U.S. Government
GAO-19-294R: Published: Mar 28, 2019. Publicly Released: Mar 28, 2019.

Nuclear Security Enterprise:
NNSA's Management of Data Calls to Contractors
GAO-19-286R: Published: Feb 26, 2019. Publicly Released: Mar 28, 2019.

Architect of the Capitol:
A Formalized Process Could Improve Management of the Construction Division's Workforce and Workload
GAO-19-343: Published: Mar 27, 2019. Publicly Released: Mar 27, 2019.

Chemical Assessments:
Overview of EPA's Efforts to Produce Assessments
GAO-19-454T:Published: Mar 27, 2019. Publicly Released: Mar 27, 2019.

Data Breaches:
Range of Consumer Risks Highlights Limitations of Identity Theft Services
GAO-19-230: Published: Mar 27, 2019. Publicly Released: Mar 27, 2019.

Fiscal Exposures:
Federal Insurance and Other Activities That Transfer Risk or Losses to the Government
GAO-19-353: Published: Mar 27, 2019. Publicly Released: Mar 27, 2019.

Medicare and Medicaid:
CMS Should Assess Documentation Necessary to Identify Improper Payments
GAO-19-277: Published: Mar 27, 2019. Publicly Released: Mar 27, 2019.

National Science Foundation:
Cost and Schedule Performance of Large Facilities Construction Projects and Opportunities to Improve Project Management
GAO-19-227: Published: Mar 27, 2019. Publicly Released: Mar 27, 2019.

Space Acquistions:
DOD Faces Significant Challenges as it Seeks to Accelerate Space Programs and Address Threats
GAO-19-458T: Published: Mar 27, 2019. Publicly Released: Mar 27, 2019.

Consumer Data Protection:
Action Needed to Strengthen Oversight of Consumer Reporting Agencies
GAO-19-469T: Published: Mar 26, 2019. Publicly Released: Mar 26, 2019.

Internal Revenue Service:
Strategic Human Capital Management is Needed to Address Serious Risks to IRS's Mission
GAO-19-176: Published: Mar 26, 2019. Publicly Released: Mar 26, 2019.

James Webb Space Telescope:
Opportunity Nears to Provide Additional Assurance That Project Can Meet New Cost and Schedule Commitments
GAO-19-189: Published: Mar 26, 2019. Publicly Released: Mar 26, 2019.

Management Report:
Areas for Improvement in the Federal Reserve Banks' Information System Controls
GAO-19-304R: Published: Mar 26, 2019. Publicly Released: Mar 26, 2019.

Management Report:
Improvements Needed in the Bureau of the Fiscal Service's Information System Controls
GAO-19-302R: Published: Mar 26, 2019. Publicly Released: Mar 26, 2019.

Retirement Security:
Most Households Approaching Retirement Have Low Savings, an Update
GAO-19-442R: Published: Mar 26, 2019. Publicly Released: Mar 26, 2019.

Small Community Air Service Development:
Process for Awarding Grants Could Be Improved
GAO-19-172:Published: Mar 26, 2019. Publicly Released: Mar 26, 2019.

Consumer Data Protection:
Actions Needed to Strengthen Oversight of Consumer Reporting Agencies
GAO-19-196: Published: Feb 21, 2019. Publicly Released: Mar 26, 2019.

Defense Acquisitions:
Information on Workforce, Organizational Structure, and Budgeting for Selected Programs
GAO-19-209: Published: Mar. 25, 2019 Publicly Released: Mar. 25, 201

Better Monitoring of Block Grant Funds Is Needed

IASB

29 March 2019
April IASB meeting papers and agenda available

27 March 2019
IFRS Foundation publishes IFRS Taxonomy 2019

26 March 2019
Get the most out of eIFRS with the quarterly Subscriber Newsletter

IRS 

With new SALT limit, IRS explains tax treatment of state and local tax refunds
IR-2019-59, March 29, 2019 — The Internal Revenue Service today clarified the tax treatment of state and local tax refunds arising from any year in which the new limit on the state and local tax (SALT) deduction is in effect.

IRS revises EIN application process; seeks to enhance security
IR-2019-58, March 27, 2019 — As part of its ongoing security review, the Internal Revenue Service announced today that starting May 13 only individuals with tax identification numbers may request an Employer Identification Number (EIN) as the “responsible party” on the application.

Plug-in electric vehicle manufacturer crosses 200,000 sold threshold; tax credit for eligible consumers begins phase down on April 1
IR-2019-57, March 26, 2019  — The IRS announced today that General Motors, LLC has sold more than 200,000 vehicles eligible for the plug-in electric drive motor vehicle credit during the fourth quarter of 2018.

​Tax Time Guide: Tax help is just a click away on IRS.gov
​IR-2019-56, March 26, 2019 — The Internal Revenue Service reported that there were more than 585 million visits to IRS.gov by taxpayers finding answers to tax questions, e-filing tax returns and checking on their tax refunds in 2018.

NYC Dept. of Finance 

March 27, 2019
NYC Department of Finance Commissioner Jacques Jiha, Ph.D. testimony on the FY'20 Preliminary Budget Hearing before the City Council Finance Committee.

NYS Dept. of Taxation and Finance

Tax Day Returns to April 15
Thursday, March 28, 2019​

PCAOB

PCAOB Announces Upcoming Webinars on Critical Audit Matters 
(March 29, 2019)

SEC

SEC Charges Medical Device Company With FCPA Violations
Washington D.C., March 29, 2019 —The Securities and Exchange Commission today announced that Fresenius Medical Care AG & Co KGaA (FMC) has agreed to pay more than $231 million to resolve parallel SEC and U.S. Department of Justice investigations related to its violations of the Foreign Corrupt Practices Act (FCPA) across multiple countries for nearly a decade.

The Securities and Exchange Commission and the UK Financial Conduct Authority Sign Updated Supervisory Cooperation Arrangements
Washington D.C., March 29, 2019 —The Securities and Exchange Commission and the United Kingdom (UK) Financial Conduct Authority (FCA) have today reaffirmed their commitment to continue close cooperation and information sharing in the event of the UK’s withdrawal from the European Union (EU).

SEC Charges College Official for Fraudulently Concealing Financial Troubles From Municipal Bond Investors
Washington D.C., March 28, 2019 —The Securities and Exchange Commission today charged the former controller of a New York-based not-for-profit college with defrauding municipal securities investors by fraudulently concealing the college’s deteriorating finances.

Investment Adviser Charged With Stealing Millions From Private Fund
Washington D.C., March 28, 2019 —The Securities and Exchange Commission today revoked the registration of a Seattle area-based registered investment adviser and barred its principal from the securities industry for stealing money from a private fund the adviser managed. The remaining assets will be liquidated and placed in a fund for distribution to harmed investors.

SEC Charges New Jersey Man With Fraudulently Causing Advisory Firm to Overbill Clients
Washington D.C., March 28, 2019 —The Securities and Exchange Commission today filed charges against the former chief operating officer (COO) of a Commission-registered investment adviser for aiding and abetting the advisory firm’s actions to overbill its clients as part of a fraudulent scheme to improperly inflate his own pay.

SEC Awards $50 Million to Two Whistleblowers
Washington D.C., March 26, 2019 —The Securities and Exchange Commission today announced awards totaling $50 million to two whistleblowers whose high-quality information assisted the agency in bringing a successful enforcement action.  One whistleblower received an award of $37 million and the other received an award of $13 million.  The $37 million award is the Commission’s third-highest award to date after the $50 million award made in March 2018 to joint whistleblowers and more than $39 million award announced in September 2018.