IRS Reminds Tax-Exempt Organizations of May 16 Filing Deadline
The IRS recently issued a press release reminding tax-exempt organizations that many have a filing deadline of May 16, 2022. View More
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The IRS recently issued a press release reminding tax-exempt organizations that many have a filing deadline of May 16, 2022. View More
The Financial Accounting Standards Board recently issued a proposed Accounting Standards Update regarding two issues related to reference rate reform. View More
The Public Company Accounting Oversight Board recently issued new requirements for auditing accounting estimates and fair value measurements and using the work of specialists. View More
The AICPA Governmental Audit Quality Center recently issued GAQC Alert No. 439, stating that relief from single audit requirements has been granted for some small governments that have not previously been required to undergo a single audit but would have needed one due to receiving U.S. Treasury Coronavirus State and Local Fiscal Recovery Funds program funding. View More
The Financial Accounting Standards Board recently issued an Accounting Standards Update intended to improve the decision usefulness of information provided to investors about certain loan refinancings, restructurings and writeoffs. View More
The Financial Accounting Standards Board recently issued an Accounting Standards Update intended to better align hedge accounting with an organization’s risk management strategies. View More
The IRS recently released proposed regulations regarding multiple-employer plans. View More
The AICPA Auditing Standards Board is proposing a new Statement on Auditing Standards intended to enhance the quality of group audits. View More
The FASB recently announced that the SEC has accepted the 2022 GAAP Financial Reporting Taxonomy and the 2022 SEC Reporting Taxonomy. The FASB also finalized the 2022 DQC Rules Taxonomy. View More
For peer reviews commencing on or after July 1, 2021, audits and the related compliance and exemption engagements for SEC-registered broker-dealers are no longer included in the scope of peer review; however, there is still an impact on peer reviews of firms that perform these types of engagements. View More