AICPA 

An ARSC Priority: Converge with International Standards and Align with GAAS
By issuing SSARS 25 it shows our commitment to update these standards to be more aligned with our auditing standards, where appropriate, and the international standards for review engagements.
February 11, 2020

CBO

Cost Estimate
H.J. Res 76, Providing for Congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to “Borrower Defense Institutional Accountability”
February 14, 2020
As passed by the House of Representatives on January 16, 2020

Cost Estimate
H.R. 1185, FAMILY Act
February 13, 2020
As introduced on February 13, 2019

Cost Estimate
H.R. 5306, Know Your Social Security Act of 2019
February 13, 2020
As ordered reported by the House Committee on Ways and Means on December 11, 2019

Cost Estimate
H.R. 5800, Ban Surprise Billing Act
February 13, 2020
As ordered reported by the House Committee on Education and Labor on February 11, 2020

Cost Estimate
S. 2979, Preventing Opioid and Drug Impairment in Transportation Act
February 13, 2020
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on December 11, 2019

Presentation
The 2020 Budget and Economic Outlook
February 13, 2020
Presentation by Phillip Swagel, CBO’s Director, to the Tax Council Policy Institute.

Cost Estimate
H.R. 3465, Fallen Journalists Memorial Act of 2019
February 12, 2020
As ordered reported by the House Committee on Natural Resources on January 15, 2020

Cost Estimate
H.R. 3843, Countering Russian and Other Overseas Kleptocracy Act
February 12, 2020
As ordered reported by the House Committee on Foreign Affairs on December 18, 2019

Cost Estimate
H.R. 4227, MAPS Act
February 12, 2020
As passed by the House of Representatives on December 16, 2019

Cost Estimate
H.R. 4995, Maternal Health Quality Improvement Act of 2019
February 12, 2020
As ordered reported by the House Committee on Energy and Commerce on November 19, 2019

Report
Income-Driven Repayment Plans for Student Loans: Budgetary Costs and Policy Options
February 12, 2020
CBO examines how enrollment in income-driven plans has changed and how those plans will affect the federal budget. CBO projects the costs of two sets of options that would change the availability of such plans or change borrowers’ payments.

Cost Estimate
S. 2204, DART Act of 2019
February 12, 2020
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on December 11, 2019

Cost Estimate
S. 298, a bill to require the Secretary of the Interior to conduct a special resource study of the Springfield Race Riot site in the State of Illinois, and for other purposes
February 12, 2020
As reported by the Senate Committee on Energy and Natural Resources on December 17, 2020

Report
Testimony on CBO’s Appropriation Request for Fiscal Year 2021
February 12, 2020
Director Phillip Swagel testifies on CBO’s appropriation request for fiscal year 2021 before the House Appropriations Committee’s Subcommittee on the Legislative Branch.

Cost Estimate
H.R. 5821, Preliminary Estimate of HOSPICE-REFORM
February 11, 2020
As introduced on February 10, 2020

Cost Estimate
H.R. 5826, Consumer Protections Against Surprise Medical Bills Act of 2020, as Introduced on February 10, 2020 Estimated Budgetary Effects
February 11, 2020
As Introduced on February 10, 2020

Report
Options for Fielding Ground-Launched Long-Range Missiles
February 11, 2020
This report examines some of the challenges U.S. forces might face in a conflict in the Baltic region or the South China Sea and options for mitigating those challenges by procuring and fielding ground-launched long-range missiles.

Cost Estimate
S. 1625, United States 5G Leadership Act of 2019
February 11, 2020
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on July 24, 2019

FASB

FASB to Host Online Training Forum for Continuing Professional Education (CPE) Providers  [02/13/20]
Media Advisory
Course Description and Registration

FASB Outlook E-Newsletter Winter 2020  [02/12/20]
Newsletter

GAO

National Mediation Board: Additional Actions Needed to Fully Implement Prior GAO Recommendations and Improve Agency Management and Oversight 
Published: Feb 14, 2020. Publicly Released: Feb 14, 2020.

Aviation Security: TSA Updated Screener Training to Address Risks, but Should Enhance Processes to Monitor Compliance 
Published: Feb 13, 2020. Publicly Released: Feb 13, 2020.

Airport Infrastructure: Information on Funding and Financing for Planned Projects 
Published: Feb 13, 2020. Publicly Released: Feb 13, 2020.

Commonwealth of the Northern Mariana Islands: Recent Economic and Workforce Trends 
Published: Feb 13, 2020. Publicly Released: Feb 13, 2020.

Financial Audit: Federal Deposit Insurance Corporation Funds’ 2019 and 2018 Financial Statements 
Published: Feb 13, 2020. Publicly Released: Feb 13, 2020.

Water Infrastructure: Technical Assistance and Climate Resilience Planning Could Help Utilities Prepare for Potential Climate Change Impacts 
Published: Jan 16, 2020. Publicly Released: Feb 13, 2020.

Medicaid Eligibility: Accuracy of Determinations and Efforts to Recoup Federal Funds Due to Errors 
Published: Jan 13, 2020. Publicly Released: Feb 12, 2020.

Aviation Security: Federal Air Marshal Service Has Taken Steps to Address Workforce Issues, but Additional Actions Needed 
Published: Feb 12, 2020. Publicly Released: Feb 12, 2020.

Child Welfare: Increased Guidance and Collaboration Needed to Improve DOD's Tracking and Response to Child Abuse 
Published: Feb 12, 2020. Publicly Released: Feb 12, 2020.

2020 Census: Initial Enumeration Underway but Readiness for Upcoming Operations Is Mixed 
Published: Feb 12, 2020. Publicly Released: Feb 12, 2020.

Virtual Currencies: Additional Information Reporting and Clarified Guidance Could Improve Tax Compliance
Published: Feb 12, 2020. Publicly Released: Feb 12, 2020. ​

Aviation Maintenance: Additional Coordination and Data Could Advance FAA Efforts to Promote a Robust, Diverse Workforce 
Published: Feb 11, 2020. Publicly Released: Feb 11, 2020.

Aviation Security: TSA and Airport Stakeholders Have Enhanced Airport Public Area Security, but a Plan Is Needed for Future Collaboration 
Published: Feb 11, 2020. Publicly Released: Feb 11, 2020.

Office of Congressional Workplace Rights: Weaknesses in Cybersecurity Management and Oversight Need to Be Addressed Professional Standards Update No. 76, October 2019 through December 2019

National Weather Service: Information on Contractor Selection and Work Performed for Its Operations and Workforce Analysis Project
Published: Jan 30, 2020. Publicly Released: Feb 10, 2020.

Aviation Security: TSA Could Strengthen Its Insider Threat Program by Developing a Strategic Plan and Performance Goals
Published: Feb 10, 2020. Publicly Released: Feb 10, 2020.

IASB

14 February 2020
February IASB meeting papers and agenda available

14 February 2020
Accounting Standards Advisory Forum December 2019 Meeting Summary available

12 February 2020
Emerging Economies Group report posted

11 February 2020
Webinar: Exposure Draft General Presentation and Disclosures—recording now available

11 February 2020
Bill Coen appointed Chair of the IFRS Advisory Council

11 February 2020
Forthcoming Japanese webinar on the Exposure Draft General Presentation and Disclosures

IRS 

IRS urges tax professionals, taxpayers to protect tax software accounts with multi-factor authentication
IR-2020-32, February 14, 2020 — The IRS and its Security Summit partners today called on tax professionals and taxpayers to use the free, multi-factor authentication feature being offered on tax preparation software products.

Avoid the rush: Track tax refunds using the "Where’s My Refund?" tool at IRS.gov
IR-2020-31, February 14, 2020 — Offering time-saving alternatives to a telephone call, the Internal Revenue Service reminds taxpayers they can get fast answers to their refund questions by using the “Where’s My Refund?” tool available on IRS.gov and through the IRS2Go app.

IRS: Avoid the rush after Presidents Day holiday; Use IRS’ online tools to get help
IR-2020-30, February 13, 2020 — With a surge of tax returns expected the two weeks following the Feb. 17 Presidents Day holiday, the Internal Revenue Service is offering taxpayers several tips and various time-saving resources to get them the help they need quickly and easily.

Feb. 20 IRS webinar focuses on gig economy
IR-2020-29, February 12, 2020 — The Internal Revenue Service is holding a free webinar designed to help gig workers, employers, contractors and other businesses understand their tax reporting responsibilities.,/p>

IRS, Treasury issue proposed regulations updating income tax withholding rules
IR-2020-28, February 11, 2020 — The U.S. Department of the Treasury and the IRS today issued proposed regulations updating the federal income tax withholding rules to reflect changes made by the Tax Cuts and Jobs Act (TCJA) and other legislation. 

NYS Dept. of Taxation and Finance

File Your Tax Returns for Free at Western New York Assistance Sites
February 12, 2020​

File Your Tax Returns for Free at Capital Region Assistance Sites
February 12, 2020​

File Your Tax Returns for Free at New York City Assistance Sites
February 12, 2020​

SEC

SEC Charges Real Estate Company and Executives With Defrauding Retail Investors, Obtains Emergency Relief
2020-35., Feb. 18, 2020 — The Securities and Exchange Commission today announced an emergency enforcement action and a temporary restraining order and asset freeze against Florida-based private real estate firm EquiAlt LLC, its CEO Brian Davison, and its Managing Director Barry Rybicki, in connection with an allegedly fraudulent unregistered securities offering that raised more than $170 million from at least 1,100 investors, a number of whom invested their retirement funds.

SEC Proposes to Modernize Key Market Infrastructure Responsible for Collecting, Consolidating, and Disseminating Securities Market Data
2020-34., Feb. 14, 2020 — The Securities and Exchange Commission today proposed to modernize the infrastructure for the collection, consolidation, and dissemination of market data for exchange-listed national market system (NMS) stocks. The proposal would update and expand the content of NMS market data to better meet the diverse needs of investors in today’s equity markets. The Commission has not significantly updated the rules that govern the content and dissemination of NMS market data since their initial implementation in the late 1970s. The proposal would also seek to introduce competitive forces into this core component of the national market system for the first time. The introduction of and competition among these new data consolidators could, in turn, allow all market participants, including investors, to access and benefit from the expanded content of NMS market data.

SEC Charges Orchestrator of Cryptocurrency Scheme Ensnaring Physicians
2020-32., Feb. 11, 2020 — The Securities and Exchange Commission today filed charges against an Ohio-based businessman who allegedly orchestrated a digital asset scheme that defrauded approximately 150 investors, including many physicians.