Regulatory Roundup Nov. 1–7

By:
Ruth Singleton and Zach Simeone
Published Date:
Nov 7, 2017

AICPA

AICPA Commends Lawmakers’ Important Work on Tax Reform And Urges Simplification of Tax Code
AICPA President and CEO Barry Melancon, CPA, CGMA comments on introduction of House tax reform bill.
Published on November 4, 2017

Five Students Awarded AICPA's John L. Carey Scholarship
AICPA announces the five student recipients of the 2017-2018 AICPA John L. Carey Scholarship. The $5,000 scholarship is part of the AICPA’s Legacy Scholars Program.
Published on November 3, 2017

Financial Valuations of Businesses that Sell Marijuana and Financial Fraud Investigations Highlight AICPA’s 2017 Forensic and Valuation Services Conference
Learn how accounting experts address fraud, celebrity estate valuation, white-collar crime, and more at the AICPA Forensic and Valuation Services Conference.
Published on November 2, 2017

AICPA Welcomes Renewal of Mutual Recognition Agreement with Canada and Mexico
The AICPA renewed a Mutual Recognition Agreement with accounting bodies of Canada and Mexico at a ceremony during the 110th Annual Meeting of the National Association of State Boards of Accountancy.
Published on November 1, 2017

CBO

Cost Estimate
H.R. 3949, Veterans Apprenticeship and Labor Opportunity Reform Act
November 6, 2017

Cost Estimate
H.R. 3634, Securing Electronic Records for Veterans’ Ease Act of 2017
November 6, 2017

Cost Estimate
H.R. 1900, National Veterans Memorial and Museum Act
November 6, 2017

Cost Estimate
H.R. 3705, Veterans Fair Debt Notice Act of 2017
November 6,2017

Cost Estimate
H.R. 4173, Veterans Crisis Line Study Act of 2017
November 6, 2017

Cost Estimate
H.R. 2123, Veterans E-Health and Telemedicine Support Act of 2017
November 6, 2017

Cost Estimate
H.R. 2601, Veterans Increased Choice for Transplanted Organs and Recovery Act of 2017
November 3, 2017

Cost Estimate
S. 1847, Homeland Security for Children Act
November 3, 2017

Presentation
Exploring the Growth of Medicaid Managed Care
November 2, 2017

Presentation
Effects of Climate Change and Coastal Development on U.S. Hurricane Damage: Implications for the Federal Budget
November 2, 2017

Presentation
Factors Underlying CBO’s Long-Term Outlook for Federal Health Care Spending
November 1, 2017

Cost Estimate
H.R. 2658, Venezuela Humanitarian Assistance and Defense of DemocraticGovernance Act of 2017
November 1, 2017

Cost Estimate
S. 1872, TSA Modernization Act
November 1, 2017

Cost Estimate
S. 1887, Direct Hire of Students and Recent Graduates Act of 2017
November 1, 2017

Cost Estimate
H.R. 1645, Fostering Innovation Act of 2017

November 1, 2017

Cost Estimate
H.R. 3911, Risk-Based Credit Examination Act
November 1, 2017

Cost Estimate
H.R. 3996, Protecting Access to the Courts for Taxpayers Act
November 1, 2017

Cost Estimate
S. 1621, Rural Wireless Access Act of 2017
November 1, 2017

Report
Approaches for Managing the Costs of U.S. Nuclear Forces, 2017 to 2046
October 31, 2017

Cost Estimate
H.R. 3922, Amendment in the Nature of a Substitute for the Championing Healthy Kids Act
October 31, 2017

Cost Estimate
H.R. 2706, Financial Institution Customer Protection Act of 2017
October 31, 2017

FASB

Notice of Meeting [10/31/17]

GAO

Faith-Based Grantees:
Few Have Sought Exemptions from Nondiscrimination Laws Related to Religious-Based Hiring
GAO-18-164: Published: Oct 5, 2017. Publicly Released: Nov 6, 2017.

Federal Employees Health Benefits Program:
Enrollment Remains Concentrated Despite More Plan Offerings and Effects of Adding Plan Types Are Uncertain
GAO-18-52: Published: Oct 5, 2017. Publicly Released: Nov 6, 2017.

Prescription Opioids:
Medicare Needs to Expand Oversight Efforts to Reduce the Risk of Harm
GAO-18-15: Published: Oct 6, 2017. Publicly Released: Nov 6, 2017.

Discretionary Transportation Grants:
DOT Should Take Actions to Improve the Selection of Freight and Highway Projects
GAO-18-38: Published: Nov 2, 2017. Publicly Released: Nov 2, 2017.

High-Containment Laboratories:
Coordinated Efforts Needed to Further Strengthen Oversight of Select Agents
GAO-18-197T: Published: Nov 2, 2017. Publicly Released: Nov 2, 2017.

Inspectors General:
Documented Agreement of Certain Roles and Responsibilities Could Further Enhance Coordination in Afghanistan

GAO-18-6: Published: Nov 2, 2017. Publicly Released: Nov 2, 2017.

Overseas Allowances:
State Spends Almost $480 Million Annually to Compensate Employees for Costs and Hardships of Foreign Assignments
GAO-18-87: Published: Nov 2, 2017. Publicly Released: Nov 2, 2017.

Strategic Petroleum Reserve:
Preliminary Observations on the Emergency Oil Stockpile
GAO-18-209T: Published: Nov 2, 2017. Publicly Released: Nov 2, 2017.

Voters with Disabilities:
Observations on Polling Place Accessibility and Related Federal Guidance
GAO-18-4: Published: Oct 3, 2017. Publicly Released: Nov 2, 2017.

Low-Dose Radiation:
Interagency Collaboration on Planning Research Could Improve Information on Health Effects
GAO-18-184T: Published: Nov 1, 2017. Publicly Released: Nov 1, 2017.

2020 Census:
Actions Needed to Mitigate Key Risks Jeopardizing a Cost-Effective Enumeration
GAO-18-215T: Published: Oct 31, 2017. Publicly Released: Oct 31, 2017.

Navy Readiness:
Actions Needed to Maintain Viable Surge Sealift and Combat Logistics Fleets [Reissued on October 31, 2017]

GAO-17-503: Published: Aug 22, 2017. Publicly Released: Aug 22, 2017.

Physician Workforce:
Expansion of the Children's Hospitals Graduate Medical Education Payment Program
GAO-18-66R: Published: Oct 31, 2017. Publicly Released: Oct 31, 2017.

Railroad Safety:
Quiet Zone Analyses and Inspections Could Be Improved
GAO-18-97: Published: Oct 31, 2017. Publicly Released: Oct 31, 2017.

Syrian Refugees:
U.S. Agencies Conduct Financial Oversight Activities for Humanitarian Assistance but Should Strengthen Monitoring
GAO-18-58: Published: Oct 31, 2017. Publicly Released: Oct 31, 2017.

IRS

IRS Urges Taxpayers with Expiring ITINs to Submit Renewal Applications as Year-End Deadline Approaches
IR-2017-184, Nov. 1, 2017 — The Internal Revenue Service reminds taxpayers with expiring Individual Taxpayer Identification Numbers (ITINs) to submit their renewal applications as soon as possible.

PCAOB

PCAOB Names George Botic the Director of International Affairs
WASHINGTON, Nov. 2, 2017
The Public Company Accounting Oversight Board announced today that George Botic will succeed S. Bruce Wilson as the Director of International Affairs. Mr. Wilson plans to retire, as announced today.

PCAOB Director of International Affairs S. Bruce Wilson to Retire
WASHINGTON, Nov. 2, 2017
The Public Company Accounting Oversight Board announced today that S. Bruce Wilson, Director of International Affairs, is planning to retire after more than five years at the PCAOB and nearly 40 years in public service.

PCAOB Enters Into Cooperative Agreement with Irish Audit Regulator
WASHINGTON, Nov. 2, 2017
The Public Company Accounting Oversight Board today announced that it has entered into a cooperative agreementPDF with the Irish Auditing and Accounting Supervisory Authority.

SEC

SEC Charges Biotech Company, Executives With Accounting Fraud
Nov. 2, 2017 — The Securities and Exchange Commission today charged a Maryland-based biotech company and four former top executives with prioritizing revenue growth over lawful accounting and misleading investors in the process.

Charles Cain Named Chief of Foreign Corrupt Practices Unit
Nov. 2, 2017 — The Securities and Exchange Commission today announced that Charles E. Cain has been named chief of the Enforcement Division's national specialized Foreign Corrupt Practices Act (FCPA) Unit that focuses on violations of the anti-bribery provisions of the federal securities laws.

David Glockner, Regional Director of Chicago Office, to Leave SEC
Nov. 1, 2017 — The Securities and Exchange Commission today announced that David Glockner, Director of the Chicago Regional Office, is planning to leave the agency later this month.

Petroleum Engineer Settles Charges of Insider Trading Ahead of Oil Discovery Announcement
Nov. 1, 2017 — A petroleum engineer who worked at Texas-based energy company Apache Corporation has agreed to settle SEC charges that he conducted insider trading ahead of a market-moving announcement about the company’s discovery of a significant new oil source.

 

 

 

 

 

 

 

 

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