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Regulatory Roundup - Dec. 15-Jan. 4
Trusted Professional
AICPA Press Release AICPA Issues New White Paper For Auditors Conducting SOC Engagements of Organizations That Use…
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New Pandemic Aid Package Now in Effect, Includes $284 Billion in PPP Loans
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According to CNN, tried to include Wall Street Journal massive public anger According to the legislation (page 821), the…
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DOL Reports Job Losses of 803,000
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The U.S. Department of Labor reported that there were 803,000 initial unemployment claims last week, quite a difference from…
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White House Demands $2000 Payments as Part of Stimulus
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The administration called the current pandemic relief bill, which cleared both chambers of Congress after months of…
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U.S. Commerce Dept. Reports 33.4 Percent GDP Growth in Third Quarter
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The U.S. Commerce Department second quarter's annualized technical note
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FASB Proposes Reducing Goodwill Impairment Tests for Private Companies, Nonprofits
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Financial Accounting Standards Board The proposed amendment
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Congress Passes Pandemic Aid Bill
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Congress approved the latest round of pandemic aid last night, passing both the House and Senate by comfortable margins, the…
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SEC Files Charges Against Biotech Firm, Saying Its Claims About a COVID-19 Test Were Bogus
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The Securities and Exchange Commission (SEC) filed fraud charges against a California biotech company for making wild claims…
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White House Signs Chinese Delisting Bill Into Law
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The president has formally signed into law a bill, aimed mainly at Chinese companies, that will require foreign companies…
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