Regulatory Roundup: Oct. 4-10
AICPA
AICPA Funds 27 Minority Doctoral Fellowships to Promote Diversity in Higher Education
The AICPA Foundation awarded exemplary minority students a total of $318,000
Published October 05, 2017
AICPA Introduces Leadership Academy Class of 2017
38 Emerging Leaders Develop their Skill Sets in North Carolina
Published October 05, 2017
CBO
Report
Monthly Budget Review for September 2017
October 6, 2017
Cost Estimate
S. 1766, Sexual Assault Forensic Evidence Reporting Act of 2017
October 6, 2017
Cost Estimate
H.R. 3019, Promoting Value Based Procurement Act of 2017
October 6, 2017
Cost Estimate
H.R. 3101, Strengthening Cybersecurity Information Sharing and Coordination in Our Ports Act of 2017
October 6, 2017
Cost Estimate
H.R. 3328, Cuban Airport Security Act of 2017
October 6, 2017
Cost Estimate
H.R. 1731, RECLAIM Act of 2017
October 6, 2017
Presentation
How Fannie Mae and Freddie Mac Share Credit Risk With Other Entities
October 6, 2017
Report
Premiums Under the National Flood Insurance Program as a Share of Household Income
October 6, 2017
Report
A Premium Support System for Medicare: Updated Analysis of Illustrative Options
October 5, 2017
Cost Estimate
H.R. 3053, Nuclear Waste Policy Amendments Act of 2017
October 4, 2017
Cost Estimate
H.R. 3071, Federal Acquisition Savings Act of 2017
October 4, 2017
Cost Estimate
H.R. 2594, Small Business Payment for Performance Act of 2017
October 4, 2017
Report
Trends in the Department of Defense’s Support Costs
October 4, 2017
FASB
FASB Investor Podcast: Revenue Recognition for Health Care Services—A podcast for investors that focuses on the impact of the new revenue recognition standard on health care services companies. [10/10/17]
Podcast
GAO
Defense Nuclear Enterprise:
Processes to Monitor Progress on Implementing Recommendations and Managing Risks Could Be Improved
GAO-18-144: Published: Oct 5, 2017. Publicly Released: Oct 5, 2017.
Federal Aviation Administration:
Stakeholders' Perspectives on Potentially Moving the Office of Commercial Space Transportation
GAO-18-96: Published: Oct 5, 2017. Publicly Released: Oct 5, 2017.
Antiterrorism Assistance Program:
State Should Improve Data Collection and Participant Oversight
GAO-18-149T: Published: Oct 4, 2017. Publicly Released: Oct 4, 2017.
Information Technology:
Management Attention Is Needed to Successfully Modernize Tax Processing Systems
GAO-18-153T: Published: Oct 4, 2017. Publicly Released: Oct 4, 2017.
Newborn Health:
Federal Action Needed to Address Neonatal Abstinence Syndrome
GAO-18-32: Published: Oct 4, 2017. Publicly Released: Oct 4, 2017.
Southwest Border Security:
Actions Needed to Enhance CBP's Maintenance of Roads Used for Its Operations
GAO-18-11: Published: Oct 4, 2017. Publicly Released: Oct 4, 2017.
Space Exploration:
Improved Planning and Communication Needed for Plutonium-238 and Radioisotope Power Systems Production
GAO-18-161T: Published: Oct 4, 2017. Publicly Released: Oct 4, 2017.
Antiterrorism Assistance:
State Department Should Improve Data Collection and Participant Oversight
GAO-17-704: Published: Sep 28, 2017. Publicly Released: Oct 4, 2017.
Space Exploration:
DOE Could Improve Planning and Communication Related to Plutonium-238 and Radioisotope Power Systems Production Challenges
GAO-17-673: Published: Sep 8, 2017. Publicly Released: Oct 4, 2017.
IASB
09 October 2017
October 2017 CMAC meeting—agenda papers available
09 October 2017
Issue 14 of the IASB Investor Update published
05 October 2017
IFRS Foundation publishes case study report: Better Communication—making disclosures more meaningful
IRS
Tax Filing Extension Expires Oct. 16 for Millions of Taxpayers; Check Eligibility for Overlooked Tax Benefits
IR-2017-169, Oct. 5, 2017 — The IRS today urged taxpayers who have a filing extension through Oct. 16 to check their returns for often-overlooked tax benefits.
IRS Provides Tax Relief to Residents of Puerto Rico and the Virgin Islands
IR-2017-168, Oct. 04, 2017 — The IRS today issued guidance to provide relief to residents of Puerto Rico and the U.S. Virgin Islands who evacuated or couldn’t return because of Hurricane Irma or Hurricane Maria.
NYS Dept. of Taxation and Finance
NYS Tax Department Announces Policy to Help Curb Untaxed Cigarette Sales
PCAOB
PCAOB Publishes Staff Audit Practice Alert on Auditing the New Accounting Standard for Revenue
WASHINGTON, Oct. 5, 2017
The Public Company Accounting Oversight Board today published a staff practice alert to assist auditors in applying PCAOB standards when auditing companies' implementation of the new revenue accounting standard from the Financial Accounting Standards Board.
SEC
Investment Adviser Charged in Multi-Million Dollar Options Trading Scheme
Oct. 5, 2017
TIGTA
The Internal Revenue Service is Underutilizing Form 1099-K Data to Identify Tax Returns for Audit
October 10, 2017, TIGTA-2017-26