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Emma Slack-Jorgensen
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IRS Faces Potential Layoffs Amid Tax Season, Raising Concerns
Accounting
Despite previous assurances that buyouts and layoffs would not take effect until after tax season, the IRS is reportedly…
Read More
Regulatory Roundup: February 11-17
Regulatory Roundup
AICPA AICPA Releases Statement on IRS Ability to Help Taxpayers Meet Filing Obligations Feb 16, 2025 AICPA Highlights Key…
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AICPA, NASBA Propose UAA Changes Amid Various States Exploring New Pathways to CPA Licensure
Accounting
The AICPA and NASBA are advancing proposed changes to the Uniform Accountancy Act (UAA), introducing another alternative…
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AICPA and NASBA Release Feedback Expressing Concerns About Their Proposed Competency-Based Pathway and UAA
Accounting
The AICPA and the National Association of State Boards of Accountancy (NASBA) have gathered extensive feedback on proposed…
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Accounting Firms Hire Growth Leaders as Dealmaking Increases
The Trusted Professional
An increasing number of accounting firms are hiring chief growth officers. This is happening as small and midsize firms…
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PCAOB Releases New Knowledge Checks to Help Auditors With New Quality Control Standard
The Trusted Professional
The Public Company Accounting Oversight Board (PCAOB) has posted a new series of knowledge checks created to help auditors…
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House Passes Bill to Extend BOI Reporting Deadline
Taxation
The U.S. House of Representatives unanimously passed the Protect Small Businesses From Excessive Paperwork Act of 2025 (H.R.…
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AICPA CEO Mark Koziel on the Future of Accounting Under the Trump Administration
Accounting
At a recent Accountants Club of America event, AICPA & CIMA CEO Mark Koziel discussed major regulatory shifts impacting…
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PCAOB Withdraws Proposed Rules on Firm and Engagement Metrics to Get SEC's Support
Accounting
The Public Company Accounting Oversight Board (PCAOB) has withdrawn two disclosure rules that the accounting profession was…
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