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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

Deloitte and Prager Metis Led 2019 With Most New SEC Clients

By:

Chris Gaetano
|
Mar 4, 2020

Deloitte beat out all other firms last year in terms of new SEC clients.
Federal Reserve Cuts Rates in Response to Virus Fears

By:

Chris Gaetano
|
Mar 3, 2020

The Federal Reserve announced that it will cut interest rates by half a percentage point to counter the economic impact of the coronavirus.
SEC Wants to Know: What's in a Name?

By:

Chris Gaetano
|
Mar 3, 2020

The Securities and Exchange Commission (SEC) is requesting comments for a potential update to the current rules against misleading fund names, as many new financial products that don't fall into its purview have been introduced since the rule was first adopted in 2001.
Regulatory Roundup - Feb. 25 - March 2

By:

Chris Gaetano
|
Mar 2, 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.
Dow Jumps Nearly 1,300 Points as Markets Attempted Breakout from Coronavirus Slump

By:

Chris Gaetano
|
Mar 2, 2020

Markets on Monday climbed sharply, as they attempted to recoup the massive losses they experienced last week on account of coronavirus fears; the Dow gained nearly 1,300 points, or 5.1 percent.
Study Finds Corporate Tax Incentives Ultimately Harm State Fiscal Health

By:

Chris Gaetano
|
Mar 2, 2020

A study that examined 32 states' tax incentive programs from 1990 to 2015 has found that such programs, which seek to encourage the creation, expansion or relocation of businesses within their borders, ultimately harm the host state's fiscal health.
Erin Collins, Formerly of KPMG, Appointed New IRS Taxpayer Advocate

By:

Chris Gaetano
|
Feb 28, 2020

The Treasury Department has named Erin M. Collins, who served for 20 years as a managing director of KPMG’s Tax Controversy Services practice for the Western Area, as the new IRS taxpayer advocate.
Financial Accounting Foundation Appoints John W. Auchincloss as Executive Director

By:

Chris Gaetano
|
Feb 28, 2020

The Financial Accounting Foundation, which oversees the Financial Accounting Standards Board and the Governmental Accounting Standards Board, has named John W. Auchincloss, currently serving as acting lead, as the new executive director.
IRS Taxpayer Advocate Reports Low Income Tax Clinic Program Helped 19.5K People Last Year

By:

Chris Gaetano
|
Feb 27, 2020

The IRS acting taxpayer advocate, in a recent report, said that the Low Income Taxpayer Clinic program represented 19,513 taxpayers dealing with an IRS tax controversy.
Most Governments Use Cash Basis Reporting, But Report Suggests This Is Set to Change

By:

Chris Gaetano
|
Feb 27, 2020

The majority of countries, 75 percent, report their finances on a cash basis, but a recent joint report from the Association of Chartered Certified Accountants and the International Federation of Accountants predicts that accrual basis will become the majority by 2023.

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Latest Articles

Deloitte and Prager Metis Led 2019 With Most New SEC Clients

Federal Reserve Cuts Rates in Response to Virus Fears

SEC Wants to Know: What's in a Name?

Regulatory Roundup - Feb. 25 - March 2

Dow Jumps Nearly 1,300 Points as Markets Attempted Breakout from Coronavirus Slump

Study Finds Corporate Tax Incentives Ultimately Harm State Fiscal Health

Erin Collins, Formerly of KPMG, Appointed New IRS Taxpayer Advocate

Financial Accounting Foundation Appoints John W. Auchincloss as Executive Director

IRS Taxpayer Advocate Reports Low Income Tax Clinic Program Helped 19.5K People Last Year

Most Governments Use Cash Basis Reporting, But Report Suggests This Is Set to Change

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