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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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FASB Solicits Input on Proposal to Improve Interim Reporting Guidance
Auditing
The Financial Accounting Standards Board (FASB) on Nov. 13 released a proposed Accounting Standards Update (ASU) that…
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PCAOB Issues Guidance on Auditor Responsibilities to Detect and Report Illegal Acts
Auditing
According to Accounting Today, the Public Company Accounting Oversight Board (PCAOB ) issued a new publication on Nov. 12…
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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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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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IRS Issues Final Regulations on the Sale of Property the Agency Seizes by Levy
Taxation
The IRS released final regulations on Nov. 4 on the sale of a taxpayer’s property that the agency seizes by levy. The…
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IRS Budget Could Be on Chopping Block Under Republican Administration
Taxation
The IRS might face deep cuts in its budget given President-elect Donald Trump's win on Nov. 5. Accounting Today reported that…
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