AICPA 

AICPA Announces Graduates of 10th Annual Leadership Academy
The American Institute of CPAs (AICPA) is pleased to announce the 41 promising young CPAs from around the country who graduated from the 2018 AICPA Leadership Academy, a rigorous four-day program.
October 15, 2018

AICPA Recognizes Innovative Accounting Educators
AICPA honors college and university educators with the Effective Learning Strategies Awards for developing unique and effective teaching tools for introductory, upper division and graduate courses.
October 11, 2018

CBO

Cost Estimate
H.R. 2156, Saint Francis Dam Disaster National Memorial Act
October 16, 2018

Cost Estimate
S. 3562, Small Business Runway Extension Act of 2018
October 15, 2018

Cost Estimate
S. 3552, 7(a) Real Estate Appraisal Harmonization Act
October 15, 2018

Cost Estimate
S. 3553, Small Business ACE Act
October 15, 2018

Report
Public Spending on Transportation and Water Infrastructure, 1956 to 2017
October 15, 2018

Cost Estimate
S. 3233, Nicaragua Human Rights and Anticorruption Act of 2018
October 15, 2018

Cost Estimate
H.R. 4753, Federal Reserve Supervision Testimony Clarification Act
October 15, 2018

Cost Estimate
H.R. 4758, FOMC Policy Responsibility Act
October 15, 2018

Cost Estimate
H.R. 6784, Manage our Wolves Act
October 12, 2018

Cost Estimate
H.R. 4446, an act to amend the Virgin Islands of the United States Centennial Commission Act to extend the expiration date of the Commission, and for other purposes
October 12, 2018

Cost Estimate
H.R. 5158, a bill to direct the Secretary of Transportation to request nominations for and make determinations regarding roads to be designated under the national scenic byways program, and for other purposes
October 12, 2018

Cost Estimate
H.R. 6510, Restore Our Parks and Public Lands Act
October 12, 2018

Cost Estimate
S. 2876, Pike National Historic Trail Study Act
October 12, 2018

Cost Estimate
S. 2870, Amache Study Act
October 12, 2018

Cost Estimate
H.R. 5317, an act to repeal section 2141 of the Revised Statutes to remove the prohibition on certain alcohol manufacturing on Indian lands
October 12, 2018

Cost Estimate
H.R. 4591, Preventing Destabilization of Iraq Act of 2018
October 12, 2018

Cost Estimate
S. 3257, Sanctioning the Use of Civilians as Defenseless Shields Act
October 12, 2018

Cost Estimate
H.R. 3154, Inspector General Access Act of 2017
October 11, 2018

Cost Estimate
H.R. 6651, PEPFAR Extension Act of 2018
October 11, 2018

Cost Estimate
H.R. 6265, PreCheck is PreCheck Act of 2018
October 11, 2018

Cost Estimate
H.R. 6893, Secret Service Overtime Pay Extension Act
October 11, 2018

Cost Estimate
H.R. 6901, Federal CIO Authorization Act of 2018
October 11, 2018

Transparency
October 11, 2018
Cost Estimate

S. 2147, Butch Lewis Act of 2017
October 11, 2018
Cost Estimate

H.R. 4506, Jobs for Tribes Act
October 10, 2018
Cost Estimate

H.R. 5634, Medical Cannabis Research Act of 2018
October 10, 2018 

GAO

Afghanistan Security:
Some Improvements Reported in Afghan Forces' Capabilities, but Actions Needed to Enhance DOD Oversight of U.S.-Purchased Equipment
GAO-19-116:Published: Oct 15, 2018. Publicly Released: Oct 15, 2018.

Medicaid:
Access to Health Care for Low-Income Adults in States with and without Expanded Eligibility
GAO-18-607:Published: Sep 13, 2018. Publicly Released: Oct 15, 2018.

Coast Guard Acquisitions:
Lessons Learned to Inform Coast Guard and NOAA Shipbuilding Efforts
GAO-19-147T:Published: Oct 11, 2018. Publicly Released: Oct 11, 2018.

Document Services:
DOD Should Take Actions to Achieve Further Efficiencies
GAO-19-71:Published: Oct 11, 2018. Publicly Released: Oct 11, 2018.

Air Force Readiness:
Actions Needed to Rebuild Readiness and Prepare for the Future
GAO-19-120T:Published: Oct 10, 2018. Publicly Released: Oct 10, 2018.

Vocational Rehabilitation:
Additional Federal Information Could Help States Serve Employers and Find Jobs for People with Disabilities
GAO-18-577:Published: Sep 6, 2018. Publicly Released: Oct 10, 2018.

GASB

Registration Opens for CPE Webinar IN FOCUS: GASB Preliminary Views, Financial Reporting Model Improvements  [10/16/18]
Media Advisory 
Course Description and Registration

IASB

15 October 2018
Get the most out of eIFRS with the quarterly Subscriber Newsletter

12 October 2018
October 2018 IASB agenda papers and agenda available

12 October 2018
Joint investor outreach event: Brussels—26 November 2018

IRS

IRS: Several tax law changes may affect bottom line of many business owners
​IR-2018-203, October 16, 2018 — The Internal Revenue Service today reminded business owners that tax reform legislation passed last December affects nearly every business.With just a few months left in the year, the IRS is highlighting important information for small businesses and self-employed individuals to help them understand and meet their tax obligations.

IRS extends Oct. 15 and other deadlines for more counties hit by Hurricanes Michael, Florence; Additional areas in Florida, Georgia, North Carolina, South Carolina and Virginia covered
IR-2018-202, October 15, 2018 —  After additional disaster declarations by FEMA, the IRS has added more counties that are eligible for individual and public assistance in areas of Florida and Georgia affected by Hurricane Michael.

Seminars from the 2018 IRS Nationwide Tax Forums available online now
IR-2018-201, Oct. 15, 2018 — Tax professionals can earn continuing education credits beginning today with the 2018 launch of the IRS Nationwide Tax Forums Online (NTFO).

IRS announces waiver of dyed fuel penalty in Florida
IR-2018-200, Oct, 15, 2018 — The Internal Revenue Service (IRS), in response to shortages of undyed diesel fuel caused by Hurricane Michael, will not impose a penalty when dyed diesel fuel is sold for use or used on the highway in emergency response vehicles in the State of Florida.

IRS extends Oct. 15 and other upcoming deadlines, provides expanded tax relief for victims of Hurricane Michael
IR-2018-199, Oct. 12, 2018 — Hurricane Michael victims in parts of Florida and elsewhere have until Feb. 28, 2019, to file certain individual and business tax returns and make certain tax payments, the IRS announced today.

Extension filers can still get tax help before Oct. 15 deadline
IR-2018-198, October 10, 2018 — The IRS reminds taxpayers who filed extensions that electronic filing and other options for help with taxes are still available before the Oct. 15 deadline.

NYS Dept. of Taxation and Finance

Protect Yourself from Internet Scammers and Identity Thieves

SEC

SEC Investigative Report: Public Companies Should Consider Cyber Threats When Implementing Internal Accounting Controls
Washington D.C., Oct. 16, 2018 —The Securities and Exchange Commission today issued an investigative report cautioning that public companies should consider cyber threats when implementing internal accounting controls. The report is based on the SEC Enforcement Division's investigations of nine public companies that fell victim to cyber fraud, losing millions of dollars in the process.

SEC Suspends Former BDO Accountants for Improperly “Predating” Audit Work Papers
Washington D.C., Oct. 12, 2018 —The Securities and Exchange Commission today suspended three former BDO USA LLP accountants for their improper professional conduct during an audit of an exchange-listed insurance company.

SEC’s New Strategic Plan Puts Investors, Innovation, and Performance at Top
Washington D.C., Oct. 11, 2018 —The Securities and Exchange Commission today announced a new strategic plan to guide the agency’s work over the next four years with a primary focus on investors, innovation, and performance. The plan’s goals reflect the agency’s commitment to its longstanding mission while leveraging the opportunities and addressing the challenges that come from fast-evolving markets, products and services.

SEC Reopens Comment Period for Capital, Margin, and Segregation Requirements for Security-Based Swap Dealers and Major Security-Based Swap Participants
Washington D.C., Oct. 11, 2018 — The Securities and Exchange Commission today voted to reopen the comment period and request additional comment (including potential modifications to proposed rule language) on the proposed rules and amendments for capital, margin, and segregation requirements for security-based swap dealers and major security-based swap participants and capital requirements for broker-dealers.

SEC Stops Fraudulent ICO That Falsely Claimed SEC Approval
Washington D.C., Oct. 11, 2018 —The Securities and Exchange Commission today announced that it has obtained an emergency court order halting a planned initial coin offering (ICO), which backers falsely claimed was approved by the SEC. The order also halts ongoing pre-ICO sales by the company, Blockvest LLC and its founder, Reginald Buddy Ringgold, III.

SEC Monitoring Impact of Hurricane Michael on Capital Markets
Washington D.C., Oct. 10, 2018 — The Securities and Exchange Commission is closely monitoring the impact of Hurricane Michael on investors and capital markets. “The dedicated staff of the SEC is preparing to provide support for market participants as Hurricane Michael approaches the Gulf,” said SEC Chairman Jay Clayton. “While we assess the need to extend deadlines for filings and other regulatory requirements, work to help ensure access to securities accounts, and monitor for storm-related fraud, we encourage all of those in its path to pay close attention to directions from local officials before, during, and after the storm.”

TIGTA

FY2019 Audit Plan [PDF]

FY2019 Program Plan [PDF

Management and Performance Challenges Facing the Internal Revenue Service for Fiscal Year 2019 [PDF]