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Regulatory Roundup - Jan. 14-21

The Trusted Professional

CBO Cost Estimate H.R. 4864, Global Child Thrive Act of 2020 January 17, 2020 As ordered reported by the House Committee on…

1/21/2020

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Treasury Secretary Says Italy, U.K. Face Tariffs Over Digital Taxes

Taxation

Wall Street Journal Accounting Today, The Organisation for Economic Co-operation and Development (OECD) According to the…

1/21/2020

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Google Parent Company Alphabet Joins $1 Trillion Club, the Fourth to Do So

The Trusted Professional

Wall Street Journal GDP

1/17/2020

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FASB's Jeffrey Mechanick Clarifies Impact of Lease Standard on Nonprofits

The Trusted Professional

Don't Sweat the Small Stuff in Grants Standard He noted that, in the revenue recognition standard, revenue is booked when…

1/17/2020

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Conference Speaker: Single Audit Guidance Has Heavier Emphasis on Internal Controls

The Trusted Professional

do Ashenfarb said it's important to make sure that one is using the most recent version of the guidance. While a version was…

1/16/2020

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TIGTA to Examine Opportunity Zone Provision of TCJA

The Trusted Professional

The Treasury Inspector General for Tax Administration (TIGTA) will be examining the Opportunity Zone program, a part of the…

1/16/2020

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Tax Professionals No. 1 Worry? Clients Sending Info Too Late

The Trusted Professional

Accounting Today

1/15/2020

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Hourly Audit Fees Grew by $67 From 2009 to 2019

The Trusted Professional

Financial Education and Research Foundation significant challenges Emerging Growth Companies,

1/15/2020

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NY Fed Report Warns That Cyberattacks on Major Banks Could Have Profound Impacts

The Trusted Professional

The New York Federal Reserve end-of-day reserve threshold liquidity injections

1/14/2020

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