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CPA Evolution Aims for Radical Rethinking of Profession

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No Change to Ethics CPE in January 2020

SEC Seeks to Change Auditor Independence Rules

First Mazars Female Partner Speaks on Diversity

Latest Articles

Poll Finds Most Investors Believe Recent Stock Rally Built on Faulty Foundation

By:

Chris Gaetano
|
May 19, 2020

Despite major stock market gains over the past few weeks, a recent poll of investors has found that the majority believe the rally is a mirage, much as a man dying of thirst in the desert will sometimes spot an oasis.
Regulatory Roundup - May 12-18

By:

Chris Gaetano
|
May 18, 2020

With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA'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.
Initial Oversight Report on CARES Act Lays Out Areas of Concern for Future Inquiries

By:

Chris Gaetano
|
May 18, 2020

The first congressional oversight report on the CARES Act and other relief legislation—representing hundreds of billions of dollars in aid to combat the economic impact of COVID-19—was released Monday, outlining areas of concern for future inquiries, including what metrics to use to measure success and how best to protect taxpayers.
Distressed Debt Investors Preparing to Seize on Wave of Expected Business Defaults

By:

Chris Gaetano
|
May 18, 2020

Distressed debt investors are circling the ailing U.S. economy, eager to pick clean the bones of fallen businesses that are expected to dramatically increase in numbers as the global pandemic rages on.
Analysis Finds Telecommuting Workers Are 47 Percent More Productive Than They Were Last Year

By:

Chris Gaetano
|
May 18, 2020

A recent analysis has found that, despite the fears of some, telecommuting workers are more productive than ever before, 47 percent more, compared to last year's data from the same time period.
Stocks Shake Off Doldrums, Start Off Week at Major Highs

By:

Chris Gaetano
|
May 18, 2020

Stocks were soaring midday Monday on news of a possible COVID-19 vaccine, a sharp reversal from last week's persistent pain.
Federal Reserve Looks at Debt and Credit Risk as Major Vulnerabilities to Financial Stability

By:

Chris Gaetano
|
May 18, 2020

The Federal Reserve's most recent financial stability report points out high levels of business debt, along with volatile asset valuations and drying credit markets, as notable risks to the economy.
Drop in Retail Sales Once More Shatters Records

By:

Chris Gaetano
|
May 15, 2020

Between joblessness, oil prices, market volatility and more, it would seem lately that we are breaking new records in how many old records are broken. Case in point, the Commerce Department has reported that retail sales in April fell by 16.4 percent, breaking the previous record set in March, 8.3 percent, which itself was the worst data seen since 1992.
Financial Accounting Foundation Says Post-Implementation Review Process Will Be Handled by FASB, GASB

By:

Chris Gaetano
|
May 15, 2020

The Financial Accounting Foundation, the organization that oversees the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB), announced changes to the post-implementation review process (PIR) that will make the boards themselves responsible for PIR as part of their regular standard-setting process.
SEC Files Charges Against Biotech Firms Accused of Misleading Claims on Virus-Fighting Products

By:

Chris Gaetano
|
May 15, 2020

The Securities and Exchange Commission (SEC) has filed charges against two biotech companies, both of which, it is alleging, made misleading claims regarding products ostensibly for combating the global pandemic.

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Latest Articles

Poll Finds Most Investors Believe Recent Stock Rally Built on Faulty Foundation

Regulatory Roundup - May 12-18

Initial Oversight Report on CARES Act Lays Out Areas of Concern for Future Inquiries

Distressed Debt Investors Preparing to Seize on Wave of Expected Business Defaults

Analysis Finds Telecommuting Workers Are 47 Percent More Productive Than They Were Last Year

Stocks Shake Off Doldrums, Start Off Week at Major Highs

Federal Reserve Looks at Debt and Credit Risk as Major Vulnerabilities to Financial Stability

Drop in Retail Sales Once More Shatters Records

Financial Accounting Foundation Says Post-Implementation Review Process Will Be Handled by FASB, GASB

SEC Files Charges Against Biotech Firms Accused of Misleading Claims on Virus-Fighting Products

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