Monthly Archives: May 2023

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SEC proposals address risk management for clearinghouses

Category:Uncategorized

The proposals would require the establishment of a risk-based margin system that monitors intraday exposure on an ongoing basis, in addition to requiring a more robust recovery and wind-down plan.
Source: JOA News
Read More here – SEC proposals address risk management for clearinghouses


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AICPA releases expanded plan for addressing CPA pipeline challenges

Category:Uncategorized

The plan seeks to address root causes of talent pipeline issues in a concerted effort to increase the number of students pursuing accounting degrees and CPA licensure.
Source: JOA News
Read More here – AICPA releases expanded plan for addressing CPA pipeline challenges


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HSA amounts continue trend, increase again in 2024

Category:Uncategorized

The 2024 amounts from the IRS mark at least the ninth annual increase in a row for maximum contributions.
Source: Tax News
Read More here – HSA amounts continue trend, increase again in 2024


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HSA amounts continue trend, increase again in 2024

Category:Uncategorized

The 2024 amounts from the IRS mark at least the ninth annual increase in a row for maximum contributions.
Source: JOA News
Read More here – HSA amounts continue trend, increase again in 2024


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Make performance reviews more effective

Category:Uncategorized

Reviews focused on career goals and needs can better enable employees to succeed.
Source: JOA News
Read More here – Make performance reviews more effective


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Why private companies need a plan for ESG reporting, assurance

Category:Uncategorized

Even if regulations don’t legally apply to private companies, they often apply from a practical standpoint. A new resource offers guidance on the importance of assuring sustainability data for public and private companies alike.
Source: JOA News
Read More here – Why private companies need a plan for ESG reporting, assurance


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IRS chief: Racial disparities in audits will be addressed within a year

Category:Uncategorized

In his response to a university study showing racial differences in audit rates, IRS Commissioner Danny Werfel says in a letter to senators that the agency is investigating the cause of any discrepancies.
Source: Tax News
Read More here – IRS chief: Racial disparities in audits will be addressed within a year


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IRS chief: Racial disparities in audits will be addressed within a year

Category:Uncategorized

In his response to a university study showing racial differences in audit rates, IRS Commissioner Danny Werfel says in a letter to senators that the agency is investigating the cause of any discrepancies.
Source: JOA News
Read More here – IRS chief: Racial disparities in audits will be addressed within a year


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PCAOB prioritizes two standard-setting projects

Category:Uncategorized

The board plans to take action in the next 12 months related to firm and engagement performance metrics and substantive analytical procedures.
Source: JOA News
Read More here – PCAOB prioritizes two standard-setting projects


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AICPA joins coalition to increase awareness of new BOI requirement

Category:Uncategorized

Under the requirement, most companies created in or registered to do business in the United States must report their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network.
Source: Tax News
Read More here – AICPA joins coalition to increase awareness of new BOI requirement