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SEC Task Force Looks at Whether ESG Makeovers Are Greenwashing by Another Name
NextGen
It’s the latest trend du jour, according the The New York Times: so-called ESG makeovers. This term refers to rebranding…
Read More
Treasury Report Urges Stricter Enforcement in Wake of Crypto-Asset Fraud
The Trusted Professional
A report issued this month by the U.S. Department of the Treasury has found that consumers lost more than $1.6 billion in…
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PCAOB Makes Plans to Update Several Older Standards
The Trusted Professional
The Public Company Accounting Oversight Board (PCAOB) is finally moving toward updating some older auditing standards, a…
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Regulatory Roundup - September 13-19
The Trusted Professional
CBOCost Estimate H.R. 6734, Keep America’s Refuges Operational Act of 2022 September 16, 2022 As ordered reported by…
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FASB Proposes Rule on Joint Venture Reporting Disclosures
The Trusted Professional
The Financial Standards Accounting Board (FASB) voted on Wednesday to clarify how businesses report on the assets that they…
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Despite Assurances About Limited Use of New IRS Funding, Concerns Over Audits Persist
Taxation
The $80 billion in additional funding allotted to the IRS by the Inflation Reduction Act was intended to provide better…
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Crypto Yields Fall, as Those of Treasury Bills Rise
NextGen
Cryptocurrencies don’t appear to be that lucrative an investment in an era of high inflation, Bloomberg reported, as the…
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Bloomberg Tax Projects Inflation-Adjusted Tax Increases
The Trusted Professional
Bloomberg Tax has released its projections of the IRS's inflation-adjusted tax rates for the coming tax season. Accounting…
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Tax Professionals Enjoy High Levels of Trust, Global Survey Finds
The Trusted Professional
Professional tax accountants outside G20 countries maintain a high level of trust when it comes to the tax system, a…
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