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The Office of Management and Budget recently released the 2021 Compliance Supplement providing updated guidance for single audits of fiscal years beginning after June 30, 2020.
View MoreThe FASB recently published an Invitation to Comment that gives stakeholders the opportunity to provide feedback on its future standard-setting agenda.
View MoreThe AICPA and the NASBA recently launched the CPA Evolution Model Curriculum, a recommended blueprint for college and university accounting programs to align with CPA Evolution, the new CPA licensure model expected to go into effect in 2024.
View MoreThe NASBA Board of Directors has announced its unanimous vote of support for the advancement of the CPA Evolution initiative, a joint initiative between NASBA and the AICPA, to design and implement a new approach to CPA licensure.
View MoreThe AICPA Peer Review Board has granted CPA firms with original due dates between Jan. 1 and Sept. 30 a six-month peer review deadline delay option to provide them with relief during the coronavirus pandemic.
View MoreThe AICPA Peer Review Board has voted to grant CPA firms a six-month extension for peer reviews, corrective actions, and implementation plans with original due dates between Jan. 1, 2020 and Sept. 30, 2020.
View MoreThe SEC recently announced it is extending the filing periods covered by its previously enacted conditional reporting relief for certain public company filing obligations, and it is also extending regulatory relief previously provided to funds and investment advisers whose operations may be affected by COVID-19.
View MoreThe PCAOB recently announced it is giving auditing firms up to 45 days of relief from inspections due to the effects of COVID-19 on businesses.
View MoreThe Office of Management and Budget has issued a memo extending the single audit deadline for certain entities due to the effects of COVID-19.
View MoreIn its recently released budget blueprint, the White House proposes consolidating the Public Company Accounting Oversight Board into the Securities and Exchange Commission by 2022.
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