Business Group: Banking Agencies’ Incentive Pay Proposal Without SEC, Fed Violates Law As the Securities and Exchange Commission (SEC) is in the middle of writing a third proposal on Dodd-Frank incentive-based compensation …
PCAOB Adopts Rule Intended to Increase Auditor Accountability Less than a year after proposing a rule intended to more effectively deter auditor misconduct, the Public Company Accounting Oversight …
SEC Reappoints PCAOB Chair Williams For Second Term The Securities and Exchange Commission (SEC) on June 11, 2024, said Erica Williams was appointed to a second term as …
PCAOB Removes Low-Priority Project From Rulemaking Agenda One year after the Public Company Accounting Oversight Board (PCAOB) added Follow-on Disciplinary Proceedings to its rulemaking agenda, the project …
Existing PCAOB Standards Can be Used For SEC’s Climate Disclosure Rule, Board Chair Says Leaders of the Public Company Accounting Oversight Board (PCAOB) said that the board’s existing standards and rules can be used …
In Unusual Request, Center for Audit Quality Asks PCAOB to Delay Sending Revised Standards to SEC for Approval In an unusual request, the Center for Audit Quality (CAQ) asked the Public Company Accounting Oversight Board (PCAOB) to delay …
The Shifting Deference Landscape: California and New York Decisions Reject Tax Agency Guidance In three recent state tax decisions out of California and New York, reviewing tribunals refused to defer to guidance issued …
SEC Adopts Tougher Rules for SPACs Almost two years after the Securities and Exchange Commission (SEC) proposed a sweeping set of reforms for special purpose acquisition …
IRS Updates Substitute Form 941, Schedules, and 8974 Specifications The IRS has released updated guidance for specifications for substitute Form 941 (Employer’s Quarterly Federal Tax Return), Schedule B (Form …