Regulatory Roundup: June 21-27

By:
Ruth Singleton and Zach Simeone
Published Date:
Jun 27, 2017

AICPA

AICPA Praises House for Passing Mobile Workforce Bill
Press Release:  The AICPA applauded the U.S. House of Representatives today for passing the Mobile Workforce State Income Tax Simplification Act of 2017, H.R. 1393.  The bill would simplify state income tax reporting and withholding rules for employees who sometimes work outside their home states.
Published on June 21, 2017

AICPAs EDGE Experience Returns Bigger and Bolder in 2017
Media Advisory:  NEW YORK (June 21, 2017) – The AICPA is pleased to announce the agenda and speakers for the seventh annual EDGE Experience. The accounting profession’s premier emerging leader conference for career development and networking, EDGE will be held at the New Orleans Ritz-Carlton, August 2-4.
Published on June 21, 2017

CBO         

Presentation
An Analysis of Hospital Prices for Commercial and Medicare Advantage Plans
June 26, 2017       

Cost Estimate
H.R. 1628, Better Care Reconciliation Act of 2017
June 26, 2017

Blog Post
CBO to release estimate for Senate health care plan Monday afternoon
June 26, 2017

Presentation
Labor Force Experiences of Recent Veterans 
June 26, 2017

Presentation
An Analysis of Private-Sector Prices for Physician Services
June 26, 2017

Cost Estimate
H.R. 2518, Coast Guard Authorization Act of 2017
June 23, 2017  

Report
Report on the Troubled Asset Relief Program—June 2017
June 23, 2017

Cost Estimate
S. 458, Native Educator Support and Training Act
June 23, 2017

Cost Estimate
H.R. 2605, Secret Service Reauthorization Act of 2017
June 23, 2017

Blog Post
CBO aims to release estimate for Senate health care plan early next week
June 22, 2017

Cost Estimate
H.R. 2548, FEMA Reauthorization Act of 2017
June 22, 2017

Cost Estimate
S. 1116, Indian Community Economic Enhancement Act of 2017
June 22, 2017

Presentation
Issues for the Renewable Fuel Standard
June 21, 2017

Report
Testimony on CBO’s Appropriation Request for Fiscal Year 2018
June 21, 2017

Cost Estimate
S. 696, Stop Improper Federal Bonuses Act
June 21, 2017

Cost Estimate
S. 579, Early Participation in Regulations Act of 2017
June 21, 2017

Cost Estimate
H.R. 2547, Veterans Expanded Trucking Opportunities Act of 2017
June 21, 2017

Cost Estimate
H.J. Res. 92, a joint resolution granting the consent and approval of Congress for the Commonwealth of Virginia, the State of Maryland, and the District of Columbia to amend the Washington Area Transit Regulation Compact
June 21, 2017

Report
How CBO Determines Whether to Classify an Activity as Governmental When Estimating Its Budgetary Effects
June 20, 2017

Cost Estimate
S. 385, Energy Savings and Industrial Competitiveness Act
June 20, 2017

Cost Estimate
S. 905, Syrian War Crimes Accountability Act of 2017
June 20, 2017

Cost Estimate
S. 512, Nuclear Energy Innovation and Modernization Act
June 20, 2017

Cost Estimate
S. 691, Thomasina E. Jordan Indian Tribes of Virginia Federal Recognition Act of 2017
June 19, 2017

Cost Estimate
H.R. 2190, Streamlining DHS Overhead Act
June 19, 2017

FASB

FASB Proposes Improvements to Consolidation Guidance [06/22/17]
News Release

GAO

Generic Drug User Fees:
Application Review Times Declined, but FDA Should Develop a Plan for Administering Its Unobligated User Fees
GAO-17-452: Published: May 25, 2017. Publicly Released: Jun 26, 2017.       

Physician Workforce:
Locations and Types of Graduate Training Were Largely Unchanged, and Federal Efforts May Not Be Sufficient to Meet Needs
GAO-17-411: Published: May 25, 2017. Publicly Released: Jun 26, 2017.

Defense Management:
DOD Has Taken Initial Steps to Formulate an Organizational Strategy, but These Efforts Are Not Complete

GAO-17-523R: Published: Jun 23, 2017. Publicly Released: Jun 23, 2017.

Operational Contract Support:
Actions Needed to Enhance Capabilities in the Pacific Region

GAO-17-428: Published: Jun 23, 2017. Publicly Released: Jun 23, 2017.          

VA Health Care:
Improvements Needed in Data and Monitoring of Clinical Productivity and Efficiency

GAO-17-480: Published: May 23, 2017. Publicly Released: Jun 23, 2017.

Army Contracting:
Leadership Lacks Information Needed To Evaluate and Improve Operations

GAO-17-457: Published: Jun 22, 2017. Publicly Released: Jun 22, 2017.

Army Weapon System Requirements:
Need to Address Workforce Shortfalls to Make Necessary Improvements

GAO-17-568: Published: Jun 22, 2017. Publicly Released: Jun 22, 2017.

Job Corps:
Preliminary Observations on Student Safety and Security Data

GAO-17-596T: Published: Jun 22, 2017. Publicly Released: Jun 22, 2017.

Fiscal Year 2018 Budget Request:
U.S. Government Accountability Office

GAO-17-604T: Published: Jun 21, 2017. Publicly Released: Jun 21, 2017.

Supply Chain Management:
DOD Could More Efficiently Use Its Distribution Centers

GAO-17-449: Published: Jun 21, 2017. Publicly Released: Jun 21, 2017.

Veterans Affairs:
Improved Management Processes Are Necessary for IT Systems That Better Support Health Care

GAO-17-384: Published: Jun 21, 2017. Publicly Released: Jun 21, 2017.

Defense Infrastructure:
Additional Data and Guidance Needed for Alternatively Financed Energy Projects

GAO-17-461: Published: Jun 20, 2017. Publicly Released: Jun 20, 2017.

Oil, Gas, and Coal Royalties:
Raising Federal Rates Could Decrease Production on Federal Lands but Increase Federal Revenue
GAO-17-540: Published: Jun 20, 2017. Publicly Released: Jun 20, 2017.

IASB

27/06/17
Issue 13 of the IASB Investor Update published

26/06/17
Draft guidance on the IFRS for SMEs Standard published for public comment

26/06/17
June 2017 IASB Update published and work plan updated

26/06/17
How are IFRS Standards developed?

22/06/17
Access 22 June 2017 Board papers here

21/06/17
June 2017 IFRIC Update published 

21/06/17
Invitation to tender—legal services for lease of commercial real estate

21/06/17
New webinar available: Scope of IFRS 17

IRS

IRS Cautions Taxpayers to Watch for Summertime Scams
IR-2017-112, June 26, 2017 – The Internal Revenue Service today issued a warning that tax-related scams continue across the nation even though the tax filing season has ended for most taxpayers.

Security Summit Warns of New Phishing Email Targeting Tax Pros
IR-2017-111, June 23, 2017 – The IRS, state tax agencies and the tax industry today warned tax professionals to beware of phishing emails purporting to be from a tax software education provider and seeking extensive amounts of sensitive preparer data.

IRS Website Provides Tools to Help Small Businesses Understand Employment Taxes
IR-2017-110, June 22, 2017 –The Internal Revenue Service reminds small businesses of the many free products available to help them understand and comply with the law.

IRS Now Accepting Renewal Applications for ITINs Set to Expire by End of 2017
IR-2017-109, June 21, 2017 — The Internal Revenue Service is now accepting renewal applications for the Individual Taxpayer Identification Numbers (ITINs) set to expire at the end of 2017.

NYC Dept. of Finance

June 26, 2017
Adopted rules regarding the adjudication of Summonses (also known as Notices of Violation (“NOVs”)) that DOF will issue for certain tobacco violations and synthetic marijuana violations.

June 26, 2017
Adopted rules rule which allows Senior Citizen Rent Increase Exemption and Disability Rent Increase Exemption participants to request additional time.

SEC

Additional Charges Announced in Case Involving Pre-Released ADRs
Washington D.C., June 22, 2017—The Securities and Exchange Commission today announced additional charges in an enforcement investigation involving the improper handling of American Depositary Receipts (ADRs) by a Wall Street firm’s securities lending desk.

TIGTA

June 22, 2017
The Number of Employment-Related Identity Theft Victims Is Significantly Greater Than Identified

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