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Searching Content from United States indexed under Accounting and Audit ordered by Published Date Descending.
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1
Federal Register: IRS Issues Final Centralized Partnership Audit Regulations
The Internal Revenue Service ("IRS") final regulations and removal of temporary regulations regarding the centralized partnership audit regime ...
United States
17 Aug 2018
2
Is XBRL Already Obsolete?
You've got to just love the irony: the SEC's amendments mandating the use of Inline XBRL aren't even effective yet
United States
16 Aug 2018
3
Increasing I-9 Audits And The Risks Of Turning A Blind Eye
On July 24, 2018, Homeland Security Investigations (HSI) announced that it had issued more than 5,200 I-9 audit Notices of Inspection (NOIs) nationwide since January of 2018 as part of a two-phase operation.
United States
15 Aug 2018
4
PCAOB Seeks Public Comment On Five-Year Strategic Plan
Last week, the PCAOB released a draft of its five-year strategic plan for 2018-2022.
United States
14 Aug 2018
5
Tennessee District Court Pares Exchange Act Claims Against Accounting Company, Dismissing Scheme Liability Claims
On August 2, 2018, Chief Judge Thomas A. Varlan of the United States District Court for the Eastern District of Tennessee dismissed in part a putative securities class action against KPMG ...
United States
13 Aug 2018
6
Clean Up Your Books: Six Bad Bookkeeping Habits To Break Now
New clients frequently ask us how to best organize their neglected books.
United States
13 Aug 2018
7
Implementing ASU 2018-08: Clarifying The Scope And The Accounting Guidance For Contributions Received And Contributions Made
The FASB has recently issued ASU 2018-08, Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made, which is an amendment of FASB ASC 958-602...
United States
13 Aug 2018
8
Implementing ASU 2016-14: Presentation Of Financial Statements For Not-For-Profit Entities
The time has come to begin implementing the new not-for-profit financial statement presentation standard. ASU 2016-14 is effective for all not-for-profit entities with calendar years ...
United States
10 Aug 2018
9
CAS Board Clarifies Commercial Item Exemption, But Raises Potential Audit Issue
After publishing a proposed rule more than five and a half years ago, the Cost Accounting Standards Board on July 17, 2018 issued a final rule revising the CAS exemption for contracts or subcontracts ...
United States
9 Aug 2018
10
ICE Ramps Up Worksite Enforcement Efforts: 6 FAQs On The Audit Process
A recent announcement by U.S. Immigration and Customs Enforcement shows that the agency is making good on its promise to quadruple the number of worksite inspections it conducts.
United States
8 Aug 2018
11
CAQ Publishes New Resource On Critical Audit Matters
In October 2017, the SEC approved the PCAOB's new auditing standard for the auditor's report, AS 3101, The Auditor's Report on an Audit of Financial Statements ...
United States
7 Aug 2018
12
SEC Enforcement In Financial Reporting And Disclosure—2018 Mid-Year Update
Chairman Jay Clayton's vision for the Securities and Exchange Commission has largely shaped the first half of 2018
United States
6 Aug 2018
13
Baby It's Cold Outside: ICE I-9 Audits Increase Over 100 Percent
Seyfarth Synopsis: Immigration and Customs Enforcement (ICE) increases the number of Form I-9 inspections over 100 percent.
United States
3 Aug 2018
14
SEC Commissioner Stein Takes Aim At Proposal To Amend Rules 3-10 And 3-16
Even though the SEC did not have an open meeting to consider its new proposal to amend Rules 3-10 and 3-16 of Reg S-X, Commissioner Kara Stein decided nonetheless to release a public statement about the proposal.
United States
3 Aug 2018
15
Center For Audit Quality Publishes Roadmap Of Non-GAAP Financial Measures For Audit Committees
On 16 March 2018, the Center for Audit Quality (CAQ) published Non-GAAP Measures: A Roadmap for Audit Committees (Roadmap) to serve as a guide to audit committees on advancing their oversight and involvement ...
United States
3 Aug 2018
16
ISS Annual Policy Survey Seeks Input Regarding Auditors And Audit Committees
Earlier this week, proxy advisory firm Institutional Shareholder Services Inc. launched its Annual Policy Survey, which solicits responses from institutional investors, companies, corporate directors and other market constituents ...
United States
2 Aug 2018
17
CAQ Releases New Tool For Upcoming CAMs Disclosure
Earlier this week, the Center for Audit Quality released Critical Audit Matters: Key Concepts and FAQs for Audit Committees, Investors, and Other Users of Financial Statements.
United States
1 Aug 2018
18
ICE Turns Up The Heat On Employers This Summer
In the past week, Immigration and Customs Enforcement (ICE) has significantly increased the number of Notices of Inspection issued to employers nationwide, leading to a dramatic spike ...
United States
26 Jul 2018
19
US Commodity Futures Trading Commission Approves Proposed Amendments To Self-Regulatory Organization Surveillance Programs For Futures Commission Merchants
On June 28, 2018, the CFTC proposed to simplify its standards for a self-regulatory organization's financial surveillance program for futures commission merchants.
United States
25 Jul 2018
20
ICE I-9 Audits On The Rise: Act Today To Prevent Issues Tomorrow
ICE says increased worksite enforcement protects jobs for U.S. citizens and other lawfully employed workers.
United States
20 Jul 2018
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