The SEC aims to update its disclosure framework and upgrade its protection measures and its workforce in order to uphold its oversight of capital markets.
Category: AICPA News
IRS relieves penalties for 2019 and 2020
As part of COVID-19 pandemic relief, the IRS will automatically abate failure-to-file penalties for certain tax and information returns and refund those penalties already paid.
Master the one-on-one meeting
Follow this advice for successful meetings with your direct reports.
Hiring managers in finance have their work cut out
Nearly four in five hiring managers in finance “expect to have to work hard” to attract and retain talent over the next year after three-fourths dealt with retention issues over the past year.
Guidance on clean vehicle tax credit
The IRS explained the new requirement that a car’s or truck’s final assembly occurred in North America to qualify for the tax credit on the purchase of clean-running vehicles.
SEC approves PCAOB standards for multi-firm audits
New standards target the growing number of public company audits that feature multiple firms, aiming to strengthen the requirements for lead auditors.
Congress enacts tax and climate bill
With Senate amendments approved by the House on Friday, the budget reconciliation bill now known as the Inflation Reduction Act will go to the president for his signature.
Guide released for tax pros’ information security plan
A downloadable booklet describes the Gramm-Leach-Bliley Act’s safeguards rule and includes a template for a firm’s required written information security plan.
Bills extend statute of limitation for prosecuting PPP, EIDL fraud
President Joe Biden signed bills that give the government more time to catch and prosecute fraud related to two of the most popular COVID-19 small business relief programs.
How to follow up after a job interview
Here’s what today’s hiring personnel expect.