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Quarterly AICPA Economic Outlook Survey Finds CPA Business Leaders Still Pessimistic
The Trusted Professional
Despite the good economic news of late—a declining inflation rate, increased employment and fewer unemployment…
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FASB to Focus Digital Assets Project on Cryptocurrencies and Exclude NFTs
The Trusted Professional
The Financial Accounting Standards Board (FASB) continued its progress toward establishing final rules for digital assets by…
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More Companies Contemplate Resuming Dividends After Stopping During the Pandemic
The Trusted Professional
The dividend is back. For some. After an almost two-year pause induced by the COVID-19 pandemic, some companies are…
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Member of Congress Demands Action to Prevent Cryptocurrency Fraud
The Trusted Professional
Citing more than $1 billion in losses to Americans as a result of fraudulent cryptocurrency schemes, U.S. Rep. Raja…
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AICPA Recommends that IRS Make Virtual Currency Clarifications for the 2022 1040s
The Trusted Professional
The AICPA seeks to clarify questions concerning virtual currency on the IRS's 2021 forms 1040, 1040-SR and 1040-NR, and…
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Corporate Pay and Performance to be Aligned Under New SEC Rule
The Trusted Professional
Seven years after it initially proposed a rule requiring companies to link executive compensation and corporate performance,…
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Free Trades Aren’t Really Free, Study Finds
The Trusted Professional
Free stock trades not only aren’t free, but the process to buy and sell varies by brokerage, to the tune of $34 billion a…
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Regulatory Roundup - August 23-29
The Trusted Professional
AICPA AICPA Releases Comments Requesting Guidance Related to Remote WorkAug. 25, 2022 CBO Cost EstimateH.R. 7188, Modernizing…
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PCAOB and Chinese Authorities Reach Agreement on Audit Inspections
The Trusted Professional
The Public Company Accounting Oversight Board (PCAOB) has achieved a breakthrough in its efforts to audit the financial…
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