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For peer reviews commencing on or after July 1, 2021, audits and the related compliance and exemption engagements for SEC-registered broker-dealers are no longer included in the scope of peer review; however, there is still an impact on peer reviews of firms that perform these types of engagements.
View MoreThe AICPA stated that the next update of its Peer Review Program Manual is expected by late April 2022.
View MoreThe U.S. Securities Exchange Commission recently voted to propose changes that would provide greater transparency to investors and regulators by increasing the public availability of short sale-related data.
View MoreThe International Ethics Standards Board for Accountants recently released for public comment proposed technology-related revisions to the International Code of Ethics for Professional Accountants, including International Independence Standards.
View MoreThe AICPA Peer Review Board recently approved Clarified AICPA Standards for Performing and Reporting on Peer Reviews, effective for peer reviews beginning on or after May 1, 2022.
View MoreThe Public Company Accounting Oversight Board recently announced the creation of two new advisory groups, the Investor Advisory Group and the Standards and Emerging Issues Advisory Group.
View MoreThe International Public Sector Accounting Standards Board recently issued International Public Sector Accounting Standard 43, Leases.
View MoreThe Securities and Exchange Commission recently voted to issue two proposals that would require segments of the market to disclose more financial information more frequently and Alternative Trading Systems that trade Treasuries and other government securities to register with the SEC.
View MoreThe U.S. Office of Management and Budget recently issued a memorandum detailing a zero-trust architecture strategy, requiring federal agencies to meet specific cybersecurity standards and objectives by the end of fiscal year 2024.
View MoreThe Securities and Exchange Commission recently revealed that it is considering expanding cyber risk management rules to third-party service providers and making changes to how companies provide public company disclosures related to cybersecurity.
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