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Emma Slack-Jorgensen
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IAASB Solicits Feedback on Proposed Changes to Audit Standards Related to Working With Experts
The Trusted Professional
The International Auditing and Assurance Standards Board (IAASB) has started a public consultation on narrow-scope…
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New York Lawmakers Attempt to Revive State Tax on Stock Sales
The Trusted Professional
With the specter of significant slashes in federal funding for New York state, there is now a renewed push to revive its tax…
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Twelve States Are Suing to Halt Trump-Imposed Tariffs
The Trusted Professional
Twelve U.S. states filed a lawsuit on April 23 challenging the legality of the Trump administration's broad tariff agenda.…
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KPMG Further Integrates AI Agents Into Its Audit Platform Clara
The Trusted Professional
KPMG has said that it is accelerating its initiatives to integrate artificial intelligence (AI) into KPMG Clara, which is…
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Paul Atkins Sworn In as New SEC Chair
The Trusted Professional
On April 22, Paul Atkins was sworn into office as the thirty-fourth Chairman of the Securities and Exchange Commission…
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Baker Tilly and Moss Adams Merge
Accounting
Accounting firms Baker Tilly and Moss Adams have agreed to merge in a transaction worth approximately $7 billion. The…
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Trump Replaces Acting IRS Commissioner
The Trusted Professional
President Donald Trump has replaced the acting IRS commissioner amid increasing turmoil within the tax agency. According…
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Regulatory Roundup: April 15-21
Regulatory Roundup
AICPA AICPA Signals Strong Support for Legislation Recognizing Accounting as STEM Apr 15, 2025CBO Report Answers to Questions…
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SEC Might Soon Approve a Novel Fund Model That Lowers Tax Bills for Asset Managers' Clients
Taxation
A revolutionary fund structure that will allow asset managers to decrease their clients’ tax payments while…
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