Clayton Started More Accounting Enforcement Actions Than Gensler at SEC The average number of accounting and auditing enforcement actions initiated per year during Jay Clayton’s tenure as Securities and Exchange …
Member Ho Gives PCAOB a Bad Grade Public Company Accounting Oversight Board (PCAOB) member Christina Ho said she is giving the board “a low grade” for standard-setting …
Explainer: Can Musk’s DOGE Cut Staff at Accounting Firm Oversight Board? Summary: The Trump administration is continuing with its efforts to shrink the size of the government, and the SEC has …
PCAOB Criticizes EY for Quality Control Issues Third Time in a Row; Finds Deficiencies at 4 Small Firms The Public Company Accounting Oversight Board (PCAOB) criticized Ernst & Young LLP for failing to address quality control (QC) problems …
Legal Challenges Hamper SEC, PCAOB Enforcement Against Auditors in Second Half of 2024 – Report The number of enforcement actions brought against company auditors by the Securities and Exchange Commission (SEC) and the Public Company …
SEC Crypto Task Force Sets First Roundtable as Staff Declares ‘Meme Coins’ off Limits The SEC’s newly formed cryptocurrency task force will devote its first in a series of roundtables to divining the security …
Connecticut Extends NOL Carryforwards, Amends Other State and Local Taxes Connecticut Governor Ned Lamont has signed legislation extending to 30 years the net operating loss (NOL) carryforward deduction and modifying …
Connecticut Issues Guidance on Conveyance Tax Credit The Connecticut Department of Revenue Services has provided guidance stipulating that, due to changes made in the 2022 legislative session, …
Trump Pledges to Restore TCJA Full Bonus Depreciation At his address before Congress Tuesday evening, President Trump hinted at some priority tax policies for his second term, including …