Regulatory Roundup: Nov. 15-28

Registration Opens for December 19 CPE webcast IN FOCUS: The New NFP Financial Reporting Standard: Get Ready for It! [11/28/17]
News Release
Course Description and Registration

Registration Opens for December 15 CPE webcast IN FOCUS: FASB Update for Private Companies and Not-for-Profit Organizations [11/27/17]
News Release
Course Description and Registration

GAO

Food Safety:
FDA Continues to Evaluate and Respond to Business Concerns about the Produce Rule
GAO-18-85:Published: Nov 27, 2017. Publicly Released: Nov 27, 2017.

Internet of Things:
FCC Should Track Growth to Ensure Sufficient Spectrum Remains Available
GAO-18-71:Published: Nov 16, 2017. Publicly Released: Nov 27, 2017.

VA Health Care:
Improved Policies and Oversight Needed for Reviewing and Reporting Providers for Quality and Safety Concerns
GAO-18-63:Published: Nov 15, 2017. Publicly Released: Nov 27, 2017.

Inspectors General:
Documented Agreement of Certain Roles and Responsibilities Could Further Enhance Coordination in Afghanistan [Reissued on November 21, 2017]
GAO-18-6:Published: Nov 2, 2017. Publicly Released: Nov 2, 2017.

Agricultural Promotion Programs:
USDA Could Build on Existing Efforts to Further Strengthen Its Oversight
GAO-18-54: Published: Nov 21, 2017. Publicly Released: Nov 21, 2017.

Government Procurement:
Effect of Restriction on DHS's Purchasing of Foreign Textiles Is Limited
GAO-18-116: Published: Nov 21, 2017. Publicly Released: Nov 21, 2017.

Information Technology:
OMB Needs to Report On and Improve Its Oversight of the Highest Priority Programs
GAO-18-51: Published: Nov 21, 2017. Publicly Released: Nov 21, 2017.

Personnel Security Clearances:
Plans Needed to Fully Implement and Oversee Continuous Evaluation of Clearance Holders
GAO-18-117: Published: Nov 21, 2017. Publicly Released: Nov 21, 2017.

Contingent Workforce:
Size, Characteristics, Compensation, and Work Experiences of Adjunct and Other Non-Tenure-Track Faculty
GAO-18-49: Published: Oct 19, 2017. Publicly Released: Nov 20, 2017.

Federal Regulations:
Key Considerations for Agency Design and Enforcement Decisions
GAO-18-22: Published: Oct 19, 2017. Publicly Released: Nov 20, 2017.

Improper Payments:
Most Selected Agencies Improved Procedures to Help Ensure Risk Assessments of All Programs and Activities
GAO-18-36: Published: Nov 16, 2017. Publicly Released: Nov 16, 2017.

Commercial Aviation:
Pilots' and Flight Attendants' Exposure to Noise aboard Aircraft
GAO-18-109R: Published: Nov 15, 2017. Publicly Released: Nov 15, 2017.

Financial Audit:
Bureau of Consumer Financial Protection's Fiscal Years 2017 and 2016 Financial Statements
GAO-18-185R: Published: Nov 15, 2017. Publicly Released: Nov 15, 2017.

Financial Audit:
Federal Housing Finance Agency's Fiscal Years 2017 and 2016 Financial Statements
GAO-18-166R: Published: Nov 15, 2017. Publicly Released: Nov 15, 2017.

Financial Audit:
Securities and Exchange Commission's Fiscal Years 2017 and 2016 Financial Statements
GAO-18-186R: Published: Nov 15, 2017. Publicly Released: Nov 15, 2017.

Information Technology:
Further Implementation of FITARA Related Recommendations Is Needed to Better Manage Acquisitions and Operations
GAO-18-234T: Published: Nov 15, 2017. Publicly Released: Nov 15, 2017.

Plutonium Disposition:
Observations on DOE and Army Corps Assessments of the Mixed Oxide Fuel Fabrication Facility Contract
GAO-18-122R: Published: Nov 15, 2017. Publicly Released: Nov 15, 2017.

Sunscreen:
FDA Reviewed Applications for Additional Active Ingredients and Determined More Data Needed
GAO-18-61: Published: Nov 15, 2017. Publicly Released: Nov 15, 2017.

IASB

28 November 2017
Expression of Interest—Fit-out contractor

27 November 2017
IFRS Advisory Council October meeting report posted

23 November 2017
Invitation to Tender—Content Management System Upgrade

23 November 2017
November IASB podcast now available

IRS

National Tax Security Awareness Week No. 2: Don’t Take the Bait; Avoid Phishing Emails by Data Thieves
IR-2017-194, Nov. 28, 2017 ― With the approach of the holidays and the 2018 filing season, the IRS, state tax agencies and the nation’s tax industry urge people to be on the lookout for new, sophisticated email phishing scams that could endanger their personal information and next year’s tax refund.

National Tax Security Awareness Week No. 1: Online Security - Seven Steps for Safety
IR-2017-193, Nov. 27, 2017 ― During the online holiday shopping season, the IRS, state tax agencies and the tax industry remind people to be vigilant with their personal information.

IRS Offers Small Businesses a One-Stop Resource Center for Help Preparing, Filing and Paying Taxes
IR-2017-192, Nov. 22, 2017 — Small businesses across the country are preparing for their special day -- Small Business Saturday – taking place on Nov. 25

IRS, State Tax Agencies and Tax Industry Announce National Tax Security Awareness Week, Nov. 27-Dec. 1; Event Focuses on Protecting Tax, Financial Data in Advance of Holidays, Filing Season
IR-2017-190, Nov. 17, 2017 ― For the second year, the IRS, state tax agencies and the tax industry will host National Tax Security Awareness Week to encourage both individual and business taxpayers to take additional steps to protect their tax data and identities in advance of the 2018 filing season.

Reminder to Employers and Other Businesses: Jan. 31 Filing Deadline Now Applies to All Wage Statements and Independent Contractor Forms
IR-2017-189, Nov. 16, 2017 — The IRS today reminded employers and other businesses of the Jan. 31 filing deadline that now applies to filing wage statements and independent contractor forms with the government.

IRS Advisory Council Releases Its 2017 Annual Report
IR-2017-188, Nov. 15, 2017 — IRSAC today issued its annual report for 2017, including numerous recommendations to the IRS on new and continuing issues in tax administration.

Plan now to Use Health Flexible Spending Arrangements in 2018; Contribute up to $2,650; $500 Carryover Option Available to Many
IR-2017-187, Nov. 15, 2017 ― The IRS today reminded eligible employees that now is the time to begin planning to take full advantage of their employer’s health flexible spending arrangement (FSA) during 2018.

Get Ready for Taxes: Save for Retirement Now, Get a Tax Credit Later; Saver’s Credit Helps Low-, Moderate-Income Workers
IR-2017-186, Nov. 14, 2017 — The IRS reminds low- and moderate-income workers to plan now to earn a credit on their 2017 tax return.

NYS Dept. of Taxation and Finance

State Encourages New Yorkers to Support Small Businesses this Saturday

Extra Savings with NYS Sales Tax Exemption this Black Friday

Tax Preparer Registration Application Now Available

Malta Man Arrested for Transporting Contraband Cigarettes

PCAOB

PCAOB to Hold Webinars on Implementing Recent Changes to the Auditor's Report on Dec. 12 and Jan. 10
Washinton, Nov. 28, 2017
The Public Company Accounting Oversight Board will host webinars on Tuesday, December 12, 2017, and Wednesday, January 10, 2018, on the implementation of recent changes to the auditor's report that become effective for audits of financial statements for fiscal years ending on or after December 15, 2017.

PCAOB Approves 2018 Budget and 2017-2021 Strategic Plan
Washington, Nov. 16, 2017
The Public Company Accounting Oversight Board today approved its 2018 fiscal-year budget of approximately $259.9 million and its 2017-2021 strategic plan, which serves as the foundation for the budget and guides the PCAOB's programs and operations.

SEC

SEC Announces Agenda for December 7 Investor Advisory Committee Meeting
Nov. 27, 2017

Long Island Town and Former Top Official Charged With Defrauding Municipal Investors
Nov. 21, 2017

SEC Names Paul G. Cellupica as Deputy Director of the Division of Investment
Management
Nov. 20, 2017

SEC Announces Agenda and Panelists for the 36th Annual Small Business Forum
Nov. 16, 2017

SEC Enforcement Division Issues Report on Priorities and FY 2017 Results
Nov. 15, 2017

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