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Regulatory Roundup: April 9-15
Regulatory Roundup
AICPA AICPA Requests Simplification for Generation-Skipping Tax ExemptionApr 11, 2024 AICPA and State CPA Societies Have…
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IRS Commissioner Werfel Reflects on His First Year
Taxation
As the IRS has made improvements over the last year, in no small part due to an infusion of funding from the Inflation…
Read More
Gen Zers in the Workplace Seek Productive Feedback Rather Than Just Criticism
NextGen
As members of Generation Z becomes a larger part of the workforce—more than 32 percent by 2032, according to the U.S.…
Read More
Tax Pros: Filing Season Going Well, But Some Concerns Remain
Accounting
Despite the 2024 filing season being one of the smoothest in recent memory, uncertainly still exists due to legal and…
Read More
Top Crypto Exchanges Vow To Improve Compliance
Trusted Professional
Chief compliance officers from three top cryptocurrency exchanges said at an industry conference that their experiences with…
Read More
AI Could Replace Mundane Tasks, As Well As Jobs, on Wall Street
NextGen
So-called “grunt work” done by junior-level analysts in financial services as they begin their careers can be replaced…
Read More
PCAOB Assesses Record Fine Against KPMG Netherlands for Exam Cheating and Cover-Up
Auditing
KPMG’s Netherlands unit was fined $25 million by the Public Company Accounting Oversight Board (PCAOB) over claims of exam…
Read More
Survey: AI Tools Can Boost Productivity by Reducing Time Spent in Meetings
NextGen
Employees who use a generative artificial intelligence (AI) assistant spend less time in meetings, according to a recent…
Read More
PCAOB Proposes New Reporting Requirements for Audit Firms
Auditing
The Public Company Accounting Oversight Board (PCAOB) voted to propose two new reporting requirements to impose on auditing…
Read More
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