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Clear filters
SEC Chief Accountant Clarifies Agency’s Approach to Auditor Independence
Accounting
Reuters reports that the SEC’s chief accountant is pushing back against reports that the agency plans to weaken auditor…
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IRS Receives Billions in Unidentified Payments
Accounting
A recent report from the Treasury Inspector General for Tax Administration (TIGTA) found that the IRS received about $3.2…
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Form 990 Changes Could Bring New Reporting Burdens for Nonprofits
Accounting
According to Reuters, nonprofits may soon face more reporting requirements as the IRS updates Form 990. There will likely be…
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AICPA Approves Audit Confirmation Standard
Accounting
Accounting Today reports that the AICPA has approved an updated auditing standard intended to modernize how auditors obtain…
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PCAOB asks for Public Feedback on Standard-Setting Agenda for the First Time
Accounting
According to Reuters, the Public Company Accounting Oversight Board (PCAOB) plans to ask for public feedback on its…
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SEC Proposal Would Give Public Companies Option for Semiannual Reporting
Accounting
The SEC has suggested a rule that would let public companies choose to report every six months instead of every quarter. This…
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FASB Moves to Clarify Digital Asset Accounting and Stablecoin Treatment
Accounting
The Financial Accounting Standards Board (FASB) is updating how digital assets are treated under US GAAP, according to…
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IRS Launches Online Tool to Help Taxpayers Navigate Debt
Accounting
The IRS has introduced a new online Tax Debt Help tool as it expands its digital services. Released shortly after the April…
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IRS Leader Says Filing Season Was Strong Even With Fewer Staff
Accounting
Frank Bisignano, CEO of the IRS, described the 2026 filing season as “the most successful filing season in IRS…
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