CPA Never under estimate the value
A new publication provides guidance on how to apply the Committee of Sponsoring Organizations of the Treadway Commission’s enterprise risk management framework to manage and mitigate compliance risks.
Source: JOA News
Read More here – How to apply COSO’s ERM framework to compliance risk management
FASB added a project to its technical agenda that would give certain private companies and not-for-profits the option to perform goodwill triggering event evaluation only on the annual reporting date.
Source: JOA News
Read More here – FASB pursues impairment-triggering relief for certain private companies, NFPs
IRS Commissioner Charles Rettig told attendees at the AICPA National Tax & Sophisticated Online Tax Conference not to expect blanket penalty relief in response to the COVID-19 pandemic, and he addressed other effects of the pandemic on the agency.
Source: Tax News
Read More here – IRS commissioner: Penalty relief will not be ‘blanket’
IRS Commissioner Charles Rettig told attendees at the AICPA National Tax & Sophisticated Online Tax Conference not to expect blanket penalty relief in response to the COVID-19 pandemic, and he addressed other effects of the pandemic on the agency.
Source: JOA News
Read More here – IRS commissioner: Penalty relief will not be 'blanket'
The Securities and Exchange Commission voted to permit the use of electronic signatures in authentication documents and to facilitate electronic service and filing in the commission’s administrative proceedings.
Source: JOA News
Read More here – New SEC rules enable electronic submissions
The Governmental Accounting Standards Board proposed Q&A guidance on the implementation of its standards for state and local governments.
Source: JOA News
Read More here – GASB proposes new implementation guidance
Advisers face the difficult task of helping clients plan for next year without knowing for certain which party will control the Senate.
Source: Tax News
Read More here – It’s a tough year for year-end tax planning
Advisers face the difficult task of helping clients plan for next year without knowing for certain which party will control the Senate.
Source: JOA News
Read More here – It’s a tough year for year-end tax planning
When it comes time to put on your year-end planning hat, will you be prepared to provide the best tax and financial planning advice to clients? Take this quiz to see if you’re ready to tackle year-end planning for 2020.
Source: JOA News
Read More here – Quiz: Are you ready for year-end planning during a pandemic?
The IRS announced that beginning Dec. 13 it will mask sensitive data on business tax transcripts, a step it took two years ago for individual tax transcripts.
Source: Tax News
Read More here – IRS will mask business tax transcript identifying information
