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Emma Slack-Jorgensen
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IAASB and ISSB Unveil New Tools to Support Global Implementation of Standards
Auditing
The International Auditing and Assurance Standards Board (IAASB) has released a first-time implementation guide for its…
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IRS Touts Financial Crime Wins as Layoffs Undermine Tech Infrastructure
Auditing
The IRS Criminal Investigation unit is ramping up its use of banking data to crack down on tax and financial fraud,…
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Regulatory Roundup: March 25-31
The Trusted Professional
AICPA AICPA Committee Approves Clarification to Standard Related to Financial Statement Preparation as Part of a CAS…
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SEC Ends Defense of Climate Disclosure Rules
The Trusted Professional
The Securities and Exchange Commission (SEC) on Mar. 27 voted to stop its defense of the rules that require climate-related…
Read More
IRS Adds Key FAQs as ERC Filing Deadline Nears
Accounting
With the April 15 deadline looming for 2021 Employee Retention Credit (ERC) claims, the IRS has issued five new FAQs to…
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TIGTA Report: IRS Underreported Costs of Direct File Pilot
Auditing
The IRS’s Direct File pilot, launched in 2024 to offer free online filing for eligible taxpayers, came with a lower error…
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AICPA, CalCPA Issue Comment Letter on California's Climate Disclosure Legislation
Accounting
On March 21, the AICPA and the California Society of CPAs (CalCPA) issued a joint comment letter to the California Air…
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New York Senate Introduces Bill Creating Additional Pathway to CPA Licensure
The Trusted Professional
On Mar. 26, a bill was introduced in the New York State Senate to create an additional path to CPA licensure that would…
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IRS May Aid ICE in Verifying Addresses of Immigrants Facing Deportation
Auditing
The IRS is nearing a controversial agreement with Immigration and Customs Enforcement (ICE) to assist in verifying the home…
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