Update of Peer Review Program Manual Expected in April
The AICPA stated that the next update of its Peer Review Program Manual is expected by late April 2022. View More
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The AICPA stated that the next update of its Peer Review Program Manual is expected by late April 2022. View More
The AICPA Governmental Audit Quality Center recently released several Provider Relief Fund practice aids and single audit tools for auditors and auditees new to single audits. View More
The Treasury Inspector General for Tax Administration recently released a report stating that the IRS unit that checks employee benefit plans for compliance with IRS qualification, reporting and disclosure requirements, and with excise and income tax matters, scored 23 percent lower overall on its quality reviews in fiscal years 2018 through 2020. View More
The AICPA Peer Review Board recently approved Clarified AICPA Standards for Performing and Reporting on Peer Reviews, effective for peer reviews beginning on or after May 1, 2022. View More
The Office of Management and Budget recently released 2021 Compliance Supplement Addendum 2, which addresses single audit requirements for seven government programs. View More
The Public Company Accounting Oversight Board recently announced the creation of two new advisory groups, the Investor Advisory Group and the Standards and Emerging Issues Advisory Group. View More
The IRS recently issued Rev. Proc. 2022-14, updating the list of accounting method changes that are available automatically. View More
The International Public Sector Accounting Standards Board recently issued International Public Sector Accounting Standard 43, Leases. View More
The Securities and Exchange Commission recently voted to issue two proposals that would require segments of the market to disclose more financial information more frequently and Alternative Trading Systems that trade Treasuries and other government securities to register with the SEC. View More
The IRS recently issued final regulations (T.D. 9960) regarding the treatment of domestic partnerships for purposes of determining amounts included in the gross income of their partners with respect to foreign corporations. View More