AICPA
AICPA & CIMA Join International Initiatives to Support Implementation of IFRS Sustainability Disclosure Standards
Feb 22, 2024
Sustainability Reporting and Assurance Practices of Largest Global Companies Continue to Mature, IFAC, AICPA & CIMA Study Shows
Feb 22, 2024
CBO
Cost Estimate
H.R. 5040, CURE Act
February 23, 2024
As ordered reported by the House Committee on Oversight and Accountability on September 20, 2023
Cost Estimate
H.R. 215, Working to Advance Tangible and Effective Reforms for California Act
February 22, 2024
As ordered reported by the House Committee on Natural Resources on April 28, 2023
Cost Estimate
H.R. 2601, National Human Trafficking Hotline Enhancement Act of 2023
February 22, 2024
As ordered reported by the House Committee on Judiciary on November 2, 2023
Cost Estimate
H.R. 4770, Chesapeake Bay Science, Education, and Ecosystem Enhancement Act of 2023
February 22, 2024
As ordered reported by the House Committee on Natural Resources on October 26, 2023
Cost Estimate
H.R. 6185, GRID Act
February 22, 2024
As ordered reported by the House Committee on Energy and Commerce on December 5, 2023
Cost Estimate
H.R. 6610, Passport System Reform and Backlog Prevention Act
February 22, 2024
As ordered reported by the House Committee on Foreign Affairs on December 13, 2023
Cost Estimate
S. 1723, Truth and Healing Commission on Indian Boarding School Policies Act
February 20, 2024
As ordered reported by the Senate Committee on Indian Affairs on June 7, 2023
GAO
Sexual Harassment:
Actions Needed to Improve Prevention Training for Federal Civilian Employees
GAO-24-106589
Published:
Publicly Released:
Sexual harassment remains an issue in federal agencies. In a 2021 survey of federal employees, 12% reported that they had experienced sexual harassment in the prior 2 years. All the agencies we reviewed require their federal employees to complete some sexual harassment prevention training. However, they could take steps to make their training more effective—such as clearly describing how to report misconduct in their training...
Financial Audit:
Federal Deposit Insurance Corporation Funds' 2023 and 2022 Financial Statements
GAO-24-106490
Published: Feb 22, 2024
Publicly Released: Feb 22, 2024
The Federal Deposit Insurance Corporation insures over $10 trillion in deposits and protects your money if your FDIC-insured bank fails. We audit and issue opinions annually on financial statements of FDIC's insurance funds and on related internal controls (e.g., processes to reasonably assure that transactions are properly authorized and recorded). We found the statements were reliable and controls over financial reporting were effective in 2023.
DHS Annual Assessment:
Most Programs Are Meeting Current Goals, but Some Continue to Face Cost and Schedule Challenges
GAO-24-106573
Published: Feb 22, 2024
Publicly Released: Feb 22, 2024
This is our 9th annual assessment of the Department of Homeland Security's major acquisition programs. We reviewed 16 programs with DHS-approved baselines—which establish goals for how the system being acquired should perform, when it should be delivered, and what it should cost. Fifteen of these programs met their cost and schedule goals, but most of these programs have updated their goals at least once since...
Ridesharing and Taxi Safety:
Information on Assaults against Drivers and Passengers
GAO-24-106742
Published: Feb 22, 2024
Publicly Released: Feb 22, 2024
Many people rely on ridesharing and taxi services, but there's growing concern about assaults on drivers and passengers. While there are no federal requirements to collect data on assaults in rideshare and taxi vehicles, we found: 6 federal databases have some data on assaults on drivers—one database reported 19 fatal assaults in 2019 3 ridesharing companies publicly report on fatal physical assaults and the most...
Small Business Administration:
Targeted Outreach about Disaster Assistance Could Benefit Rural Communities
GAO-24-106755
Published: Feb 22, 2024
Publicly Released: Feb 22, 2024
This Q&A report explores the Small Business Administration's Disaster Loan Program, which helps businesses, homeowners, renters, and nonprofits in urban and rural communities recover after a disaster. But some rural communities may not know about the assistance or how to get it due to specific challenges in those areas, such as intermittent cellular or internet service. SBA has new outreach efforts—such as portable centers that...
Maternal Health:
HHS Should Improve Assessment of Efforts to Address Worsening Outcomes
GAO-24-106271
Published: Feb 21, 2024
Publicly Released: Feb 21, 2024
Hundreds of women in the U.S. die each year from complications related to pregnancy and childbirth—a crisis exacerbated by COVID-19 . The Department of Health and Human Services is working to address the crisis and meet long-term goals such as increasing women's access to high-quality maternal care. As of September 2023, HHS hasn't determined how it'll measure progress toward achieving its maternal health goals. Following...
Commercial Space Transportation:
FAA's Oversight of Human Spaceflight
GAO-24-106184
Published: Feb 21, 2024
Publicly Released: Feb 21, 2024
The commercial space industry is rapidly growing as private companies transport cargo, satellites, and people to space. The Federal Aviation Administration oversees these commercial space operations. FAA is working with industry as it prepares to potentially expand its oversight of operations with people on board. FAA chartered a rulemaking committee in April 2023 to solicit industry input on future regulations aimed at protecting people's health...
IASB
February 2024 Due Process Oversight Committee agenda and meeting papers now available
Meeting
26 February 2024
March 2024 IFRS Interpretations Committee agenda and meeting papers now available
Agenda Consultation
22 February 2024
January 2024 Accounting Standards Advisory Forum meeting summary now available
Meeting
22 February 2024
IFRS Sustainability Symposium convenes in New York City as market participants get ready to use the ISSB Standards
Announcement
22 February 2024
February 2024 IFRS Taxonomy Consultative Group meeting summary now available
Meeting
22 February 2024
New translations available—Azeri, Bosnian, Brazilian Portuguese, French, Hebrew, Macedonian, Russian, Spanish and Ukrainian
Translated Content
21 February 2024
Join the staff—Revenue Accountant
Careers
21 February 2024
IRS
Treasury, IRS issue frequently asked questions related to the United States Department of Agriculture’s Discrimination Financial Assistance Program
IR-2024-49, Feb. 23, 2024 — The Internal Revenue Service today issued frequently asked questions (FAQs) in Fact Sheet 2024-05 related to the United States Department of Agriculture’s (USDA) Discrimination Financial Assistance Program.
Taxpayer Advocacy Panel seeks civic-minded volunteers to apply for the 2025 member year
IR-2024-48, Feb. 22, 2024 — The Internal Revenue Service today announced vacancies in 29 states and territories for the volunteer-led Taxpayer Advocacy Panel (TAP).
Interest rates remain the same for the second quarter of 2024
IR-2024-47, Feb. 21, 2024 — The Internal Revenue Service today announced interest rates will remain the same for the calendar quarter beginning April 1, 2024.
IRS begins audits of corporate jet usage; part of larger effort to ensure high-income groups don’t fly under the radar on tax responsibilities
IR-2024-46, Feb. 21, 2024 — Using Inflation Reduction Act funding and as part of ongoing efforts to improve tax compliance in high-income categories, the Internal Revenue Service announced today plans to begin dozens of audits on business aircraft involving personal use.
Tax Time Guide 2024: What to know before completing a tax return
IR-2024-45, Feb. 21, 2024 — During the busiest time of the tax filing season, the Internal Revenue Service kicked off its 2024 Tax Time Guide series to help remind taxpayers of key items they’ll need to file a 2023 tax return.
NYS
Deadline to Upgrade to the Enhanced STAR Property Tax Exemption is March 1
February 23, 2024
PCAOB
At February 27 Open Meeting, PCAOB to Consider Proposed Rule Prohibiting False Statements About PCAOB Registration and Oversight
Feb. 22, 2024
Imposing $2 Million in Fines, PCAOB Sanctions WithumSmith+Brown, PC for Pervasive Quality Control Violations Involving SPAC Audits
Feb. 21, 2024
PCAOB Sanctions Four Audit Firms for Violating PCAOB Rules and Standards Related to Audit Committee Communications
Feb. 20, 2024
SEC
SEC Updates Ethics Rules Governing Securities Trading by Agency Personnel
2024-25
Washington D.C., Feb. 22, 2024 — The Securities and Exchange Commission today adopted amendments to its ethics rules to strengthen and modernize its ethics compliance program. The amendments update the SEC’s existing, robust ethics requirements that govern the securities holdings and transactions of all agency employees, their spouses, and minor children. The rule was adopted jointly with the Office of Government Ethics.
SEC Charges Husband of Energy Company Manager with Insider Trading
2024-24
Washington D.C., Feb. 22, 2024 — The Securities and Exchange Commission today charged Tyler Loudon of Houston, Texas, with insider trading ahead of a February 2023 announcement that London-based oil and gas company BP p.l.c. agreed to acquire TravelCenters of America Inc., a full-service truck stop and travel center company headquartered in Ohio. Loudon allegedly made $1.76 million in illegal profits from his trading.