Treasury turns over Trump tax returns sought by House committee
<![CDATA[ Following a Supreme Court ruling, the IRS handed over the returns to the House Ways and Means Committee. ]]>
Clean energy project prevailing wage rate and apprenticeship requirements issued
The IRS releases guidance on wage and apprenticeship requirements for enhanced tax benefits under clean energy provisions of the Inflation Reduction Act.
FASB proposes update to leases guidance
FASB is seeking comments on a proposed Accounting Standards Update intended to improve accounting guidance on related-party arrangements between entities under common control.
Crypto exchange Binance hires Mazars to verify reserves
<![CDATA[ In the wake of the meltdown of FTX, the digital-asset exchange wants to reassure investors and stakeholders. ]]>
PCAOB chair promises renewed vigilance
<![CDATA[ Auditing firms can expect enhanced inspections, strengthened enforcement and higher penalties, says Public Company Accounting Oversight Board Chair Erica Williams. ]]>
SEC accepting Professional Accounting Fellow applications
The SEC’s Office of the Chief Accountant is accepting applications for Professional Accounting Fellow positions that will begin in the summer of 2023.
Audit committee disclosures increase, right along with workload
A Center for Audit Quality report reveals an increase in public company audit committee disclosures, particularly related to cybersecurity, while an accompanying report aims to help audit committees manage their growing list of responsibilities.