The Trusted Professional | NYSSCPA

 
 
Gov. Hochul Signs Non-CPA Ownership Bill into Law
Read the March/April Issue
IRS to Waive $1B in Some Late Payment Penalties
2024 to Be a Demanding Year for Internal Auditors
SEC OKs Audit Confirmation Standards

Latest Articles

  • AICPA CEO Mark Koziel on the Future of Accounting Under the Trump Administration

    By:
    Emma Slack-Jorgensen
    |
    Feb 12, 2025
    At a recent Accountants Club of America event, AICPA & CIMA CEO Mark Koziel discussed major regulatory shifts impacting the accounting profession under the Trump administration

  • PCAOB Withdraws Proposed Rules on Firm and Engagement Metrics to Get SEC's Support

    By:
    Karen Sibayan
    |
    Feb 12, 2025
    The Public Company Accounting Oversight Board has withdrawn two disclosure rules that the accounting profession was generally against to ensure any final proposals would get the support from a Securities and Exchange Commission (SEC) that has evolved under the new Trump administration, 

  • SEC Chair Asks Court to Pause Legal Action on  Climate-Related Disclosure Rule

    By:
    Karen Sibayan
    |
    Feb 11, 2025

    Mark Uyeda, acting chair of the Securities and Exchange Commission, took action on the Enhancement and Standardization of Climate-Related Disclosures for Investors rule adopted by the SEC on March 6, 2024.

  • Regulatory Roundup: February 4 -10

    By:
    Karen Sibayan
    |
    Feb 10, 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.

  • FinCEN Says It Intends to Make BOI Reporting Changes Amid Legal Battles

    By:
    Emma Slack-Jorgensen
    |
    Feb 7, 2025
    The Financial Crimes Enforcement Network signaled possible changes to the beneficial ownership reporting requirements, contingent on a federal district court lifting an injunction that currently blocks enforcement.

  • IRS Buyout Plan Delayed for Tax Season Workers

    By:
    Emma Slack-Jorgensen
    |
    Feb 7, 2025
    The IRS has informed employees that those involved in the 2025 tax season will not be eligible for the Trump administration’s federal workforce buyout program until after the taxpayer filing deadline.

  • AICPA Plans Independence Rule Update Amid Private Equity Surge

    By:
    Emma Slack-Jorgensen
    |
    Feb 6, 2025
    The AICPA is preparing to update its independence rules in response to the growing influence of private equity in accounting firms. As investment from PE firms continues to rise, many accounting firms have adopted alternative practice structures to separate their attest and non-attest services.

  • DEADLINE EXTENDED! FAE Board of Trustees Nominations Due by Feb. 14

    By:
    Trusted Professional Staff
    |
    Feb 6, 2025

    If you are interested in serving on the Foundation for Accounting Education Board of Trustees, now is the time to submit your nomination. FAE, a 501(c)(3) organization and an affiliated entity of the NYCPA, is very important to the members of the Society and its mission because it administers the lifelong learning program for New York state CPAs.

  • DEADLINE EXTENDED! MSF Board of Trustees Nominations Due by Feb. 14

    By:
    NYCPA Staff
    |
    Feb 6, 2025

    If you are interested in serving on The Moynihan Scholarship Fund Board of Trustees, now is the time to submit your nomination. Established in 2015, MSF honors the memory of NYCPA Past President David J. Moynihan (1955–2015), a staunch advocate for educational opportunities. 

  • FASB Agenda Presents a Period of Relative Calm for Non-Profits

    By:
    Karen Sibayan
    |
    Feb 5, 2025
    The Financial Accounting Standards Board (FASB) update at the Foundation for Accounting Education’s 47th Annual Nonprofit Conference on Jan. 16 gave a thorough look at the board's current agenda and the projects that are specifically affecting exempt organizations.
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