CPA Never under estimate the value
SAS No. 145 revises the definition of significant risk. The revisions alter how you conduct elements of your risk assessments. Get the updated information you need and be ready for your 2023 audits.
Source: JOA News
Read More here – Significant risk revised: Concept changes under SAS No. 145
The AICPA, in a letter to the IRS, urged the Service to expand the relief under Notice 2022-36 to include several other Code sections and forms and to extend the deadline for requesting relief to Dec. 31, 2022.
Source: Tax News
Read More here – AICPA asks IRS to expand penalty relief
The AICPA, in a letter to the IRS, urged the Service to expand the relief under Notice 2022-36 to include several other Code sections and forms and to extend the deadline for requesting relief to Dec. 31, 2022.
Source: JOA News
Read More here – AICPA asks IRS to expand penalty relief
SEC Chair Gary Gensler calls for cryptoasset entities to register under current securities laws and suggests that more legislation to support regulation could be on the way.
Source: JOA News
Read More here – SEC chair seeks increased regulation of cryptoassets
Brianne C. Smith, a member of the AICPA Personal Finance Planning Executive Committee, discusses how she’s going beyond the headlines to help her clients maximize their savings.
Source: JOA News
Read More here – Student loan forgiveness: Advice from a CPA financial planner
Public audit firms must make sure issuers in China and Hong Kong will grant new lead auditors appropriate access to previous engagements, an SEC official warns.
Source: JOA News
Read More here – SEC to auditors: Use care with Chinese engagements
Implementation guidance for leases is among the topics included in the Federal Accounting Standards Advisory Board’s updated technical releases.
Source: JOA News
Read More here – FASAB issues updates to technical releases
Asking questions is a first step towards addressing the problem of gender inequity, says Tracey Walker of RSM US, who will share her experiences at this year’s AICPA & CIMA Women’s Global Leadership Summit.
Source: JOA News
Read More here – 4 ways to ‘break the bias’ and support women in your organization
Finance executives in business and industry are more pessimistic about their own businesses and the domestic and global economy, according to a quarterly US survey.
Source: JOA News
Read More here – Economic pessimism leads to drop in revenue and profit projections
The board’s target team provides insights in four areas of focus to provide guidance for public company auditors and shape the PCAOB’s approach to future inspections.
Source: JOA News
Read More here – PCAOB releases review of 2021 inspections, looks forward to 2022 review
