Regulatory Roundup: Oct. 4-10

By:
Chris Gaetano
Published Date:
Oct 10, 2017

AICPA 

AICPA Funds 27 Minority Doctoral Fellowships to Promote Diversity in Higher Education 
The AICPA Foundation awarded exemplary minority students a total of $318,000
Published October 05, 2017

AICPA Introduces Leadership Academy Class of 2017 
38 Emerging Leaders Develop their Skill Sets in North Carolina
Published October 05, 2017

CBO

Report
Monthly Budget Review for September 2017
October 6, 2017

Cost Estimate
S. 1766, Sexual Assault Forensic Evidence Reporting Act of 2017
October 6, 2017

Cost Estimate
H.R. 3019, Promoting Value Based Procurement Act of 2017
October 6, 2017

Cost Estimate
H.R. 3101, Strengthening Cybersecurity Information Sharing and Coordination in Our Ports Act of 2017
October 6, 2017

Cost Estimate
H.R. 3328, Cuban Airport Security Act of 2017
October 6, 2017

Cost Estimate
H.R. 1731, RECLAIM Act of 2017
October 6, 2017

Presentation
How Fannie Mae and Freddie Mac Share Credit Risk With Other Entities
October 6, 2017

Report
Premiums Under the National Flood Insurance Program as a Share of Household Income
October 6, 2017

Report
A Premium Support System for Medicare: Updated Analysis of Illustrative Options
October 5, 2017

Cost Estimate
H.R. 3053, Nuclear Waste Policy Amendments Act of 2017
October 4, 2017

Cost Estimate
H.R. 3071, Federal Acquisition Savings Act of 2017
October 4, 2017

Cost Estimate
H.R. 2594, Small Business Payment for Performance Act of 2017
October 4, 2017

Report
Trends in the Department of Defense’s Support Costs
October 4, 2017

FASB

FASB Investor Podcast: Revenue Recognition for Health Care Services—A podcast for investors that focuses on the impact of the new revenue recognition standard on health care services companies.  [10/10/17]
Podcast

GAO

Defense Nuclear Enterprise:
Processes to Monitor Progress on Implementing Recommendations and Managing Risks Could Be Improved
GAO-18-144: Published: Oct 5, 2017. Publicly Released: Oct 5, 2017.

Federal Aviation Administration:
Stakeholders' Perspectives on Potentially Moving the Office of Commercial Space Transportation
GAO-18-96: Published: Oct 5, 2017. Publicly Released: Oct 5, 2017.

Antiterrorism Assistance Program:
State Should Improve Data Collection and Participant Oversight
GAO-18-149T: Published: Oct 4, 2017. Publicly Released: Oct 4, 2017.

Information Technology:
Management Attention Is Needed to Successfully Modernize Tax Processing Systems
GAO-18-153T: Published: Oct 4, 2017. Publicly Released: Oct 4, 2017.

Newborn Health:
Federal Action Needed to Address Neonatal Abstinence Syndrome
GAO-18-32: Published: Oct 4, 2017. Publicly Released: Oct 4, 2017.

Southwest Border Security:
Actions Needed to Enhance CBP's Maintenance of Roads Used for Its Operations
GAO-18-11: Published: Oct 4, 2017. Publicly Released: Oct 4, 2017.

Space Exploration:
Improved Planning and Communication Needed for Plutonium-238 and Radioisotope Power Systems Production
GAO-18-161T: Published: Oct 4, 2017. Publicly Released: Oct 4, 2017.

Antiterrorism Assistance:
State Department Should Improve Data Collection and Participant Oversight
GAO-17-704: Published: Sep 28, 2017. Publicly Released: Oct 4, 2017.

Space Exploration:
DOE Could Improve Planning and Communication Related to Plutonium-238 and Radioisotope Power Systems Production Challenges
GAO-17-673: Published: Sep 8, 2017. Publicly Released: Oct 4, 2017.

IASB

09 October 2017
October 2017 CMAC meeting—agenda papers available

09 October 2017 
Issue 14 of the IASB Investor Update published

05 October 2017
IFRS Foundation publishes case study report: Better Communication—making disclosures more meaningful

IRS 

Tax Filing Extension Expires Oct. 16 for Millions of Taxpayers; Check Eligibility for Overlooked Tax Benefits
IR-2017-169, Oct. 5, 2017 — The IRS today urged taxpayers who have a filing extension through Oct. 16 to check their returns for often-overlooked tax benefits.

IRS Provides Tax Relief to Residents of Puerto Rico and the Virgin Islands
IR-2017-168, Oct. 04, 2017 — The IRS today issued guidance to provide relief to residents of Puerto Rico and the U.S. Virgin Islands who evacuated or couldn’t return because of Hurricane Irma or Hurricane Maria.

NYS Dept. of Taxation and Finance

NYS Tax Department Announces Policy to Help Curb Untaxed Cigarette Sales

PCAOB

PCAOB Publishes Staff Audit Practice Alert on Auditing the New Accounting Standard for Revenue
WASHINGTON, Oct. 5, 2017
The Public Company Accounting Oversight Board today published a staff practice alert to assist auditors in applying PCAOB standards when auditing companies' implementation of the new revenue accounting standard from the Financial Accounting Standards Board.

SEC

Robert Evans III Named Chief of the Office of International Corporate Finance in SEC’s Division of Corporation Finance
Oct. 6, 2017

Investment Adviser Charged in Multi-Million Dollar Options Trading Scheme
Oct. 5, 2017

TIGTA

The Internal Revenue Service is Underutilizing Form 1099-K Data to Identify Tax Returns for Audit
October 10, 2017, TIGTA-2017-26

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