Regulatory Roundup: Oct. 18-24

By:
Chris Gaetano
Published Date:
Oct 24, 2017

AICPA 

AICPA Issues Technical Questions & Answers Regarding Public Business Entities
Press Release: The American Institute of CPAs (AICPA) has developed a Technical Question & Answer document to help preparers and practitioners determine if their organization or client is a public business entity.
Published on October 24, 2017

George W. Krull, Jr. Receives AICPA Gold Medal Award of Distinction
Press Release:The AICPA is honored to present the 2017 Gold Medal Award of Distinction to George W. Krull, Jr., CPA, CGMA.
Published on October 23, 2017

AICPA and Wall Street Blockchain Alliance Announce Collaboration
Press Release: The AICPA and Wall Street Blockchain Alliance announced plans to work together to define the impact of blockchain technology for the accounting profession.
Published on October 23, 2017

AICPA Reports on Actions Promoting Enhanced Audit Quality
Press Release:A new report by the AICPA highlights the past year’s progress in the continuing effort to enhance audit quality.
Published on October 23, 2017

Bruce Webb Honored with AICPA Gold Medal Award of Distinction
Press Release: The AICPA is pleased to announce that Bruce Webb, CPA, is a recipient of the 2017 Gold Medal Award of Distinction.
Published on October 22, 2017

AICPA Honors 12 Members with Sustained Contribution Award
Press Release:  The AICPA announced that a dozen members of the Institute have been honored with the Sustained Contribution Award.
Published on October 22, 2017

CBO

Cost Estimate
H.R. 2557, Prostate Cancer Misdiagnosis Elimination Act of 2017
October 24, 2017

Cost Estimate
H.R. 3656, a bill to amend title 38, United States Code, to provide for a consistent eligibility date for provision of Department of Veterans Affairs memorial headstones and markers for eligible spouses and dependent children of veterans whose remains are unavailable
October 23, 2017

Cost Estimate
H.R. 3279, Helium Extraction Act of 2017
October 23, 2017

Cost Estimate
H.R. 3921, HEALTHY KIDS Act of 2017
October 23, 2017

Cost Estimate
H.R. 1148, Furthering Access to Stroke Telemedicine Act of 2017
October 20, 2017

Cost Estimate
H.R. 3263, a bill to amend title XVIII of the Social Security Act to extend the Medicare Independence at Home Medical Practice Demonstration program
October 20, 2017

Cost Estimate
S. 1827, Keep Kids’ Insurance Dependable and Secure Act of 2017
October 20, 2017

Cost Estimate
H.R. 3120, a bill to amend title XVIII of the Social Security Act to reduce the volume of future electronic health record-related significant hardship requests
October 20, 2017

Cost Estimate
S. 1281, Hack DHS Act
October 20, 2017

Cost Estimate
H.R. 3122, Veterans Care Financial Protection Act of 2017
October 20, 2017

Cost Estimate
H.R. 3972, Family Office Technical Correction Act of 2017
October 20, 2017

Cost Estimate
S. 1281, Hack DHS Act
October 20, 2017

Cost Estimate
H.R. 3122, Veterans Care Financial Protection Act of 2017
October 20, 2017

Report
Measuring the Adequacy of Retirement Income: A Primer
October 20, 2017

Cost Estimate
H.R. 2600, a bill to provide for the conveyance to the State of Iowa of the reversionary interest held by the United States in certain land in Pottawattamie County, Iowa, and for other purposes
October 19, 2017

Cost Estimate
H.R. 3329, Hizballah International Financing Prevention Amendments Act of 2017
October 19, 2017

Cost Estimate
H.R. 1196, Counterterrorism Screening and Assistance Act of 2017
October 19, 2017

Cost Estimate
H.R. 3657, a bill to amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to provide certain burial benefits for spouses and children of veterans who are buried in tribal cemeteries, and for other purposes
October 19, 2017

Cost Estimate
H.R. 1066, VA Management Alignment Act of 2017
October 19, 2017

Cost Estimate
H.R. 3922, CHAMPION Act of 2017
October 19, 2017

Cost Estimate
H.R. 3921, HEALTHY KIDS Act of 2017
October 19, 2017

Cost Estimate
S. 1867, FITARA Enhancement Act of 2017
October 18, 2017

Cost Estimate
H.R. 3210, SECRET Act of 2017
October 18, 2017

Cost Estimate
H.R. 1698, Iran Ballistic Missiles and International Sanctions Enforcement Act
October 18, 2017

GAO

Climate Change:
Information on Potential Economic Effects Could Help Guide Federal Efforts to Reduce Fiscal Exposure
GAO-17-720:Published: Sep 28, 2017. Publicly Released: Oct 24, 2017.

Low-Wage Workers:
Poverty and Use of Selected Federal Social Safety Net Programs Persist among Working Families
GAO-17-677:Published: Sep 22, 2017. Publicly Released: Oct 23, 2017.

Drinking Water and Wastewater Infrastructure:
Information on Identified Needs, Planning for Future Conditions, and Coordination of Project Funding
GAO-17-559:Published: Sep 20, 2017. Publicly Released: Oct 23, 2017.

DOD Financial Management:
Additional Actions Needed to Complete the Army's Analyses of Unsupported Accounting Entries for Its General Fund
GAO-18-27:Published: Oct 20, 2017. Publicly Released: Oct 20, 2017.

International Food Assistance:
Cargo Preference Increased Food Aid Shipping Cost; Benefits Remain Unclear
GAO-18-193T:Published: Oct 19, 2017. Publicly Released: Oct 19, 2017.

NASA Human Space Exploration:
Integration Approach Presents Challenges to Oversight and Independence
GAO-18-28:Published: Oct 19, 2017. Publicly Released: Oct 19, 2017.

Veterans Health Administration:
Better Data and Evaluation Could Help Improve Physician Staffing, Recruitment, and Retention Strategies
GAO-18-124:Published: Oct 19, 2017. Publicly Released: Oct 19, 2017.

Drinking Water:
DOD Has Acted on Some Emerging Contaminants but Should Improve Internal Reporting on Regulatory Compliance
GAO-18-78:Published: Oct 18, 2017. Publicly Released: Oct 18, 2017.

The Nation's Retirement System:
A Comprehensive Re-evaluation Is Needed to Better Promote Future Retirement Security
GAO-18-111SP:Published: Oct 18, 2017. Publicly Released: Oct 18, 2017.

Personal Firearms:
Programs that Promote Safe Storage and Research on Their Effectiveness
GAO-17-665:Published: Sep 19, 2017. Publicly Released: Oct 18, 2017.

IRS 

In 2018, Some Tax Benefits Increase Slightly Due to Inflation Adjustments, Others Unchanged
IR-2017-178, Oct. 19, 2017 — The IRS today announced the tax year 2018 annual inflation adjustments for more than 50 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2017-58 provides details about these annual adjustments.

IRS Announces 2018 Pension Plan Limitations; 401(k) Contribution Limit Increases to $18,500 for 2018
IR-2017-177, Oct. 19, 2017 — The IRS today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2018.

NYC Dept. of Finance 

October 23, 2017
Finance Memorandum on Joint State / City Power of Attorney Form

SEC

SEC Announces 2017 Government-Business Forum to Be Held at University of Texas at Austin
FOR IMMEDIATE RELEASE
2017-197
Washington D.C., Oct. 18, 2017—The Securities and Exchange Commission today announced it is partnering with the Herb Kelleher Center for Entrepreneurship, Growth, and Renewal at the McCombs School of Business at The University of Texas at Austin to host the SEC’s annual Government-Business Forum on Small Business Capital Formation on November 30

SEC Names Brett Redfearn as Director of the Division of Trading and Markets
FOR IMMEDIATE RELEASE
2017-198
Washington D.C., Oct. 18, 2017 —The Securities and Exchange Commission today announced that Brett Redfearn has been named Director of the agency's Division of Trading and Markets.

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