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Regulatory Roundup: July 1 - 7

AICPA

AICPA Makes Recommendations as Treasury and IRS Transition to Electronic Payment and Disbursement System
Jul 03, 2025

AICPA CEO Statement on Passage of OBBB
Jul 03, 2025

AICPA Applauds Senate Passage of Reconciliation Bill, Encourages House Support

Jul 01, 2025

CBO

Cost Estimate
July 2, 2025
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.

Cost Estimate
July 1, 2025

As passed by the Senate on July 1, 2025

GAO

GAO-25-108461
Published: Jun 30, 2025 . Publicly Released: Jul 7, 2025 .


Chief Information Officer Open Recommendations: Nuclear Regulatory Commission
GAO-25-108462Published: Jun 26, 2025 . Publicly Released: Jul 3, 2025 .

NASA:
Assessments of Major Projects
GAO-25-107591Published: Jul 1, 2025 . Publicly Released: Jul 1, 2025 .In fiscal year 2025, NASA planned to invest about $74 billion in its major projects to continue exploring Earth, the moon, and beyond. This is our 17th annual assessment of these projects. In the last year, four of 18 major projects had cost overruns—when costs incurred are more than NASA planned for. And three had schedule delays. Since 2009, most major projects that completed the...

GAO-25-107465
Published: Jun 30, 2025 . Publicly Released: Jun 30, 2025 .
Health care spending per capita is higher in the U.S. than in any other high-income country. Yet, people living in the U.S. don't live as long in comparison and are more likely to die of conditions that can be prevented or treated. To find ways to help address this disparity, we convened a forum in October 2024. Experts from government, academia, and industry identified changes...

GAO-25-107228
Published: Jun 30, 2025 . Publicly Released: Jun 30, 2025 .
The Department of Defense expects to spend billions of dollars over the next 5 years to launch hundreds of satellites into space. Private companies conduct these launches at federal launch sites, called ranges. Companies also use the ranges to launch commercial satellites. As government and commercial launches have increased, so too has the strain on range infrastructure. DOD can bill companies for their use of...

GAO-25-107497
Published: Jun 30, 2025 . Publicly Released: Jun 30, 2025 .
The Department of Veterans Affairs and Department of Defense provide health care to over 18 million veterans and servicemembers. The two departments may share health care resources, like surgery services, through sharing agreements, which help improve access to health care and lower costs. There were 185 such agreements as of April 2025 in areas like mental health and orthopedics. However, we found that the departments...

GAO-25-107560
Published: Jun 30, 2025 . Publicly Released: Jun 30, 2025 .
The 5 permanently-inhabited U.S. territories borrow through financial markets to fund priorities like infrastructure projects. Every 2 years, we examine the territories' public debt and review their economic conditions. The territories face challenges to economic growth, which can make it harder for them to secure or repay debt. These include the high cost of importing goods and energy, population loss, and extreme weather events that...

Commercial Shipbuilding:
Maritime Administration Needs to Improve Financial Assistance Programs
GAO-25-107304
Published: Jun 30, 2025 . Publicly Released: Jun 30, 2025 .

Building commercial ships in U.S. shipyards supports the maritime industry, which plays a vital role in national security. However, U.S. commercial shipbuilding has been in decline for decades. The Maritime Administration has four financial assistance programs to help change that. It's not clear if these programs are meeting the needs of the industry or national security. The agency hasn't established measurable goals, such as the...

GASB

June 23, 2025

IASB

June 2025 IFRS for SMEs Accounting Standard Update now available in Spanish
4 Jul 2025

Emmanuel Faber’s speech at the 2025 Beijing International Sustainability Conference
4 Jul 2025

IR-2025-73, July 1, 2025 — With new scams continuing to emerge, the Internal Revenue Service and the Security Summit partners today announced the start of the special summer Protect Your Clients; Protect Yourself campaign to help tax professionals protect themselves against new and ongoing threats involving tax-related identity theft.

PCAOB

TIGTA
July 1, 2025

June 30, 2025