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Emma Slack-Jorgensen
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SEC Watching Crypto Firms, Chief Accountant Warns
Auditing
The Securities and Exchange Commission (SEC) is increasing its scrutiny of auditors’ work for cryptocurrency companies,…
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Small Business Owners Concerned About New IRS Rule for Payment Apps
Taxation
An IRS rule governing payment apps that comes into effect for the 2022 tax year has some small businesspeople concerned…
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PCAOB Proposes New Standard for Audit Confirmations
Auditing
The Public Company Accounting Oversight Board (PCAOB) has proposed an update to its audit confirmation standard for the…
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House Committee Votes to Release Trump Tax Records to Public
The Trusted Professional
After years of legal battles, the U.S. House of Representatives Committee on Ways and Means has voted to release former…
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More Climate-Related Rulemaking Expected in 2023
The Trusted Professional
The pace of climate and sustainability rulemaking will continue into 2023, Reuters reported. Building on 2022’s being…
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Wells Fargo Fined $3.7 Billion by Consumer Financial Protection Bureau
The Trusted Professional
Wells Fargo Bank has been ordered to pay $3.7 billion for its widespread mismanagement of many of its product offerings by…
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Favored Tax Provisions May Be Left Out of Congressional Budget Bill
Taxation
Hope is dwindling that Congress will reach a budget deal that gives both Democrats and Republicans important policy…
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Regulatory Roundup December 13-19
Regulatory Roundup
AICPA AICPA & CIMA Achieves Global Recognition as a Great Place To Work®Dec 11, 2022 CBO ReportCBO’s 2022 Long-Term…
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Presenting Positive Financial Report, IRS Is Also Faulted for Poor Service by GAO
Taxation
The IRS took in trillions of dollars and distributed billions in refunds and other outlays, accord to its recently recent…
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