Latest Articles

  • Newsom Signs Bill Modernizing California's CPA Licensure Requirements

    By:
    Karen Sibayan
    |
    Oct 8, 2025
    According to a release from the California Society of Certified Public Accountants, Gov. Gavin Newsom signed Assembly Bill 1175,  which modernizes California's CPA licensure requirements.
  • Treasury Announces Appointment of SSA Commissioner as New IRS CEO

    By:
    Karen Sibayan
    |
    Oct 7, 2025
    On Oct. 6, US Treasury  Secretary and Acting IRS Commissioner Scott Bessent announced that Commissioner of the Social Security Administration Frank Bisignano will be the CEO of the tax agency.
  • FAE Board of Trustees Nominations Due by Jan. 9

    By:
    Trusted Professional Staff
    |
    Oct 6, 2025
    If you are interested in serving on the Foundation for Accounting Education (FAE) Board of Trustees, now is the time to submit your nomination. 
  • MSF Board of Trustees Nominations Due by Jan. 9

    By:
    Trusted Professional Staff
    |
    Oct 6, 2025
    If you are interested in serving on The Moynihan Scholarship Fund (MSF) Board of Trustees, now is the time to submit your nomination. 
  • Nominations for Society's Board of Directors Due Dec. 31

    By:
    Trusted Professional Staff
    |
    Oct 6, 2025
    Are you interested in serving on the NYCPA’s Board of Directors? The Society’s Nominating Committee is accepting submissions of interest by members to fill key leadership positions on the NYCPA’s Board of Directors. Terms begin on Jun. 1, 2026. The deadline to submit a nomination is Tuesday, Dec. 31, 2025.  
  • AICPA Reiterates Call to Except All IRS Workers During the Government Shutdown

    By:
    Karen Sibayan
    |
    Oct 6, 2025

    On Oct. 3, the AICPA is reiterated its call to except 100 percent of IRS workers for the duration of the shutdown. This call goes beyond the five days that have already been authorized in the tax agency’s contingency plan. This call from the AICPA is coming just two weeks until the tax filing deadline for C-corporations and individuals who asked for a filing extension.

  • Regulatory Roundup: Sept. 30 - Oct. 6

    By:
    Karen Sibayan
    |
    Oct 6, 2025
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYCPA's regular series that collects relevant regulatory announcements from the past week and puts them in one place to help you stay on top of the issues.
  • IRS Extends Feedback Period on Form 6765 Instructions

    By:
    Emma Slack-Jorgensen
    |
    Oct 3, 2025
    The IRS is giving taxpayers and practitioners more time to weigh in on the draft instructions for Form 6765, which is used to claim the research credit. 
  • FASB Issues Update on Derivatives Scope and Share-Based Consideration

    By:
    Emma Slack-Jorgensen
    |
    Oct 2, 2025
    The FASB has issued a new Accounting Standards Update that responds to concerns from stakeholders about how derivatives guidance applies in practice and how share-based non cash consideration from customers should be accounted for
  • PCAOB Offers Guidance for Auditors Applying the Audit Evidence Standard

    By:
    Karen Sibayan
    |
    Oct 2, 2025
    On Oct. 1, the PCAOB published new staff guidance to assist auditors who are implementing paragraph .10A of AS 1105, Audit Evidence, according to a release.