AICPA
Report by MPs says STEM education needs updating for the modern workplace
Apr 03, 2024
Innovative Program to Ease Attainment of CPA Education Requirement Gets Off to Quick Start
Apr 02, 2024
CBO
Monthly Budget Review: March 2024
April 8, 2024
The federal budget deficit totaled $1.1 trillion in the first half of fiscal year 2024, CBO estimates—$37 billion less than the deficit recorded during the same period last fiscal year.
Cost Estimate
H.R. 4790, GUARDRAIL Act of 2023
April 5, 2024
As reported by the House Committee on Financial Services on December 22, 2023
Report
Final Sequestration Report for Fiscal Year 2024
April 5, 2024
As required by law, CBO reports on whether appropriations enacted for the current fiscal year have exceeded the statutory caps on discretionary funding. In CBO’s estimation, they have not, and a sequestration will not be required for 2024.
Cost Estimate
H.R. 3369, AI Accountability Act
April 5, 2024
As reported by the House Committee on Energy and Commerce on October 25, 2023
Cost Estimate
H.R. 7526, D. C. Consumer Vehicle Choice Protection Act of 2024
April 5, 2024
As ordered reported by the House Committee on Oversight and Accountability on March 7, 2024
Cost Estimate
S. 1657, La Paz County Solar Energy and Job Creation Act
April 5, 2024
As reported by the Senate Committee on Energy and Natural Resources on December 12, 2023
Cost Estimate
Legislation considered under suspension of the Rules of the House of Representatives during the week of April 8, 2024
April 4, 2024
The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. CBO estimates the effects of those bills on direct spending and revenues.
Cost Estimate
H.R. 4389, Migratory Birds of the Americas Conservation Enhancements Act of 2023
April 3, 2024
As ordered reported by the House Committee on Natural Resources on March 12, 2024
Cost Estimate
H.R. 4552, Federal Information Security Modernization Act of 2024
April 3, 2024
As ordered reported by the House Committee on Oversight and Accountability on March 7, 2024
Cost Estimate
H.R. 6233, Community Reclamation Partnerships Act
April 3, 2024
As ordered reported by the House Committee on Natural Resources on December 6, 2023
H.R. 6443, Jamul Indian Village Land Transfer Act
April 3, 2024
As ordered reported by the House Committee on Natural Resources on January 17, 2024
Cost Estimate
H.R. 7316, a bill to make improvements in the enactment of title 54, United States Code, into a positive law title and to correct related technical errors
April 3, 2024
As ordered reported by the House Committee on the Judiciary on February 15, 2024
Presentation
Introduction to the Role of the Congressional Budget Office
April 3, 2024
Presentation by Aditi Sen, CBO's Health Policy Studies Unit Chief, at the Alliance for Health Policy’s 2024 Health Policy Academy.
Cost Estimate
H.R. 3334, Sanctioning Tyrannical and Oppressive People within the Chinese Communist Party Act
April 2, 2024
As ordered reported by the House Committee on Foreign Affairs on March 21, 2024
Cost Estimate
H.R. 6831, VERDAD Reauthorization Act
April 2, 2024
As ordered reported by the House Committee on Foreign Affairs on March 21, 2024
Cost Estimate
H.R. 7256, U.S.-South Africa Bilateral Relations Review Act
April 2, 2024
As ordered reported by the House Committee on Foreign Affairs on March 21, 2024
Cost Estimate
H.R. 7701, No Russian Tunnel to Crimea Act
April 2, 2024
As ordered reported by the House Committee on Foreign Affairs on March 21, 2024
Cost Estimate
H.R. 3724, Accreditation for College Excellence Act of 2023
April 1, 2024
As ordered reported by the House Committee on Education and the Workforce on March 21, 2024
Cost Estimate
H.R. 5424, Main Street Competes Act
April 1, 2024
As reported by the House Committee on Small Business on September 26, 2023
FASB
Not-for-Profit Advisory Committee Meeting Recap—March 26, 2024
April 5, 2024
FASB Announces Members of Reconstituted Emerging Issues Task Force
April 3, 2024
GAO
Indian Health Service:
Opportunities Exist to Improve Clinician Screening Adherence and Oversight
GAO-24-106230
Published: . Publicly Released: .
The Indian Health Service provides health care to American Indians and Alaska Natives. To ensure that its patients are receiving quality care, IHS screens the clinicians it employs—e.g., doctors and nurse practitioners—to verify their professional qualifications. However, federal IHS facilities didn't always fully follow the requirements for verifying these qualifications. This is partly because IHS's guidance on how to do so is spread out across...
Health Centers:
Revenue, Grant Funding, and Methods for Meeting Certain Access-To-Care Requirements
GAO-24-106815
Published: . Publicly Released: .
Health centers provide primary care in places with a shortage of health care services. They served over 30 million people in 2022—regardless of their ability to pay. We reviewed health centers' revenue and more for 2018-2022. Annual revenue increased from $28.7 billion to $42.9 billion over this period. The Health Resources and Services Administration provided $34 billion in grants to support these centers over that...
Federal Research:
Key Practices for Scientific Program Managers
GAO-24-106297
Published: . Publicly Released: .
In fiscal year 2021, the federal government funded over $85 billion in basic research as well as early research directed toward a specific practical aim. Federal research spurs innovation and promotes national economic competitiveness, prosperity, and security. Scientific program managers at federal agencies that sponsor research play a crucial role in guiding and shaping the research. This report identifies key practices that program managers use...
Federal Home Loan Banks:
Actions Related to the Spring 2023 Bank Failures
GAO-24-106957
Published: . Publicly Released: .
In this Q&A report, we continue our review of federal actions leading up to the bank failures between March 10 and May 1, 2023. Before they failed, Silicon Valley Bank, Signature Bank, and First Republic Bank borrowed more money from their respective Federal Home Loan Banks than other banks their size. When there were runs on the banks—high volumes of withdrawals—the Federal Home Loan Banks...
Vehicle Repair:
Information on Evolving Vehicle Technologies and Consumer Choice [Reissued with revisions on Apr. 5, 2024]
GAO-24-106633
Published: Mar 21, 2024
Publicly Released: Apr 5, 2024
"Right-to-repair" is the ability to repair your own vehicles or get repairs at auto dealerships or independent repair shops. In this Q&A report, we looked at the effects of changing technologies on the right-to-repair. For example, the use of technology to wirelessly transfer vehicle health and repair data with automakers could give dealerships an advantage. If independent repair shops don't have access to this data...
Roadside Safety:
DOT Should Update Public Awareness Materials on Move over Laws
GAO-24-106216
Published: Apr 4, 2024
Publicly Released: Apr 4, 2024
All states and the District of Columbia have "Move Over" laws—which require drivers to change lanes, slow down, or both, when approaching certain vehicles stopped on the roadside with flashing warning lights. States often use road signs and social media to inform the public of these laws. The National Highway Traffic Safety Administration supports states' efforts via funding, research, and public awareness materials like videos...
Gas Pipeline Safety:
Better Data and Planning Would Improve Implementation of Regulatory Changes
GAO-24-106690
Published: Apr 3, 2024
Publicly Released: Apr 3, 2024
About 300,000 miles of gas transmission pipelines cross the nation. Pipelines and related equipment failure can cause incidents of harm to people or property. The Pipeline and Hazardous Materials Safety Administration recently issued rules to strengthen gas transmission safety regulations. Among other things, these rules require pipeline operators to assess more miles of pipeline than before and keep better records. Our Q&A report found that...
Army Modernization:
Production Challenges for Stryker Upgrade Reinforce Need to Follow Acquisition Leading Practices in Future Efforts [Reissued with revisions on Apr. 3, 2024]
GAO-24-106590
Published: Mar 20, 2024
Publicly Released: Apr 3, 2024
The Army's Stryker combat vehicle is an 8-wheeled armored vehicle that transports infantry into combat. To respond to increased competition from Russia, the Army tried to rapidly upgrade its existing Strykers to have increased firepower. But in doing so, the Army didn't fully analyze and address potential production risks. As a result, it had hardware and software issues with the upgraded Strykers. Our leading practices...
Nuclear Power Plants:
NRC Should Take Actions to Fully Consider the Potential Effects of Climate Change
GAO-24-106326
Published: Apr 2, 2024
Publicly Released: Apr 2, 2024
Climate change is likely to exacerbate natural hazards—such as floods and drought. The risks to nuclear power plants from such hazards include damage to systems and equipment that ensure safe operation. The Nuclear Regulatory Commission's oversight process includes addressing safety risks at these plants. However, NRC doesn't fully consider potential increases in risk from climate change. For example, NRC mostly uses historical data to identify...
IASB
April 2024 IFRS for SMEs Accounting Standard Update now available
Update
5 April 2024
April 2024 IFRS for SMEs Accounting Standard Update now available
Update
5 April 2024
April 2024 IFRS Advisory Council agenda and meeting papers now available
Meeting
5 April 2024
March 2024 Global Preparers Forum meeting summary now available
Meeting
5 April 2024
March 2024 Capital Markets Advisory Committee meeting summary now available
Meeting
4 April 2024
Progress towards adoption of ISSB Standards as jurisdictions consult
Jurisdictional consultation
3 April 2024
Q1 2024 IFRS Interpretations Committee podcast now available
Podcast
3 April 2024
Accounting Standards Advisory Forum—call for candidates
Appointment
2 April 2024
March 2024 monthly news summary
News Summary
2 April 2024
IRS
Treasury, IRS issue guidance on the tax treatment of amounts paid as rebates for energy efficient property and improvements
IR-2024-97, April 5, 2024 — The Department of Treasury and the IRS today issued Announcement 2024-19 that addresses the federal income tax treatment of amounts paid for the purchase of energy efficient property and improvements.
Dirty Dozen: IRS urges taxpayers to not fall prey to untrustworthy tax preparers; "ghost preparers" can disappear with taxpayer cash, information
IR-2024-96, April 5, 2024 — In day seven of the Dirty Dozen tax scam series, the IRS and Security Summit partners today alerted taxpayers to be on the lookout for unscrupulous tax preparers who could encourage people to file false tax returns and steal valuable personal information.
IRS reminder: 2024 first quarter estimated tax payment deadline is April 15
IR-2024-95, April 5, 2024 — The Internal Revenue Service today advised taxpayers, including self-employed individuals, retirees, investors, businesses and corporations about the April 15 deadline for first quarter estimated tax payments for tax year 2024.
IRS announces tax relief for taxpayers impacted by severe storms, flooding in Rhode Island, various deadlines postponed to July 15
IR-2024-94, April 4, 2024 — The Internal Revenue Service announced today tax relief for individuals and businesses in parts of Rhode Island that were affected by severe storms and flooding that began on Dec. 17, 2023, and Jan. 9, 2024
IRS: Maine taxpayers impacted by severe storms, flooding qualify for tax relief; various deadlines postponed to July 15
IR-2024-93, April 4, 2024 — The Internal Revenue Service announced today tax relief for individuals and businesses in parts of Maine affected by severe storms and flooding that began on Jan. 9, 2024.
Dirty Dozen: IRS warns about fake charities exploiting taxpayer generosity
IR-2024-92, April 4, 2024 — In the sixth part of the Dirty Dozen tax scams for 2024, the Internal Revenue Service warned taxpayers about groups masquerading as charitable organizations to attract donations from unsuspecting contributors.
Dirty Dozen: Beware of offer in compromise "mills" that falsely claim their services are necessary to resolve IRS debt
IR-2024-91, April 3, 2024 — As part of the annual Dirty Dozen list of tax scams, the Internal Revenue Service today renewed its warning to taxpayers concerning pricey offer in compromise (OIC) "mills” that aggressively mislead taxpayers into thinking their tax debts can disappear.
IRS reminder to taxpayers affected by terrorist attacks in Israel: 2023 returns and payments are now due Oct. 7; other relief available
IR-2024-90, April 3, 2024 — The Internal Revenue Service today reminded individuals and businesses affected by the terrorist attacks in the State of Israel that they have until Oct. 7, 2024, to file various federal returns, make tax payments and perform other time-sensitive tax-related actions.
Dirty Dozen: IRS warns about false Fuel Tax Credit claims; taxpayers should be wary of scammers, heightened review IR-2024-89, April 2, 2024 — The Internal Revenue Service today warned taxpayers to watch out for promoters who push improper Fuel Tax Credits claims in the fourth day of the 2024 Dirty Dozen list of tax scams.
Get ahead of the tax deadline; act now to file, pay or request an extension
IR-2024-88, April 2, 2024 — With the April 15 tax deadline approaching, the IRS reminds taxpayers there is still time file their federal income tax return electronically and request direct deposit.
NYS
Free File Your Income Tax Returns
April 02, 2024
PCAOB
At April 9 Open Meeting, PCAOB to Consider Proposals on Firm and Engagement Metrics, Firm Reporting
Apr. 4, 2024
SEC
Register for the SEC’s 43rd Annual Small Business Forum April 16-18
2024-45
Washington D.C., April 4, 2024 — The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation will host the SEC’s 43rd Annual Government-Business Forum on Small Business Capital Formation during three virtual sessions April 16-18 from 1-2:30 p.m. ET.
SEC Charges Advisory Firm Senvest Management with Recordkeeping and Other Failures
2024-44
Washington D.C., April 3, 2024 — The Securities and Exchange Commission today announced charges against registered investment adviser Senvest Management LLC for widespread and longstanding failures to maintain and preserve certain electronic communications. The SEC also charged Senvest with failing to enforce its code of ethics. To settle this matter, Senvest admitted the facts set forth in the Commission’s order, acknowledged that its conduct violated the federal securities laws, and agreed to pay a $6.5 million penalty and to implement improvements to its compliance policies and procedures.
SEC Encourages Investors to Plan for Their Financial Future During Financial Capability Month
2024-43
Washington D.C., April 2, 2024 — The Securities and Exchange Commission’s Office of Investor Education and Advocacy (OIEA) today announced that its theme for April’s National Financial Capability Month is, “What does your financial future look like? Having a plan can help answer the question.”
TIGTA
Quarterly Snapshot: The IRS’s Inflation Reduction Act Spending Through December 31, 2023
April 3, 2024