February 4, 2022
The 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.
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February 3, 2022
The Office of Management and Budget recently released 2021 Compliance Supplement Addendum 2, which addresses single audit requirements for seven government programs.
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February 1, 2022
The 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.
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February 1, 2022
The IRS recently issued Rev. Proc. 2022-14, updating the list of accounting method changes that are available automatically.
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January 31, 2022
The International Public Sector Accounting Standards Board recently issued International Public Sector Accounting Standard 43, Leases.
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January 26, 2022
The 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.
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January 24, 2022
The IRS recently issued final regulations (T.D. 9960) regarding the treatment of domestic partnerships for purposes of determining amounts included in the gross income of their partners with respect to foreign corporations.
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January 20, 2022
The IRS recently issued Rev. Proc. 2022-13 regarding employee status determinations under Sec. 7436.
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January 14, 2022
The IRS recently announced that starting Jan. 1, 2022, IRS Freedom of Information Act fees for search efforts, review efforts and duplication of records increased, regardless of requester category type.
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January 6, 2022
The Office of Management and Budget recently issued Addendum No. 1 to the 2021 Compliance Supplement, providing guidance for auditing funds received from the Coronavirus State and Local Fiscal Recovery Fund and an update to the Education Stabilization Fund program section.
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