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PCAOB Amends Rule on Registration of Inactive or Non-Existent Audit Firms
Accounting
The Public Company Accounting Oversight Board (PCAOB), on Nov. 14, adopted a rule amendment enabling it to respond to…
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FASB Solicits Comments on Financial Key Performance Indicators
Accounting
On Nov. 14. The Financial Accounting Standards Board (FASB) released an Invitation to Comment (ITC) to solicit feedback on…
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AICPA Writes to Congress About Delaying BOI Reporting for at Least a Year
Accounting
As the filing deadline draws closer, the AICPA has grave concerns about the current Financial Crimes Enforcement Network…
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IASB Solicits Comments on Proposals for Targeted Improvements to Requirements for Provisions
Accounting
The International Accounting Standards Board (IASB) published a consultation on Nov. 12 to improve the requirements for…
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ISSB Report Lays Out Global Progress in Corporate Climate Disclosures
Accounting
More than 1,000 firms have referenced the International Sustainability Standards Board (ISSB) in their reports, and 30…
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FinCEN Official Provides BOI Update in AICPA Town Hall
Accounting
According to the Journal of Accountancy, the Financial Crimes Enforcement Network (FinCEN) has received only a tiny portion…
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PCAOB Updates Standard-Setting and Rulemaking Agendas After 2024's Modernization Progress
Accounting
On Nov. 4, the Public Company Accounting Oversight Board (PCAOB) published updated standard-setting and rulemaking agendas,…
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Report: Most Accounting Firms Plan to Hike Up Fees in 2025
Accounting
Ignition’s 2024 US Accounting and Tax Pricing Benchmark report tackled the issue of accounting firm pricing and fee…
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AICPA Board Votes to Approve Peer Review Standards on Nov. 4
Accounting
According to the Journal of Accountancy, the AICPA Peer Review Board (PRB) approved a standards update on Nov. 4 that…
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