PCAOB Slashes 2026 Budget, Board Member Salaries in Historic Move Following SEC Pressure Board members of the Public Company Accounting Oversight Board (PCAOB) voted unanimously to cut the spending plan by 9.4% for …
SEC Officials: We Are Not Done Talking About Non-GAAP Measures The misuse or misleading use of non-GAAP measures remains a frequent topic of SEC staff comment letters, and commission officials at a …
SEC Chief Accountant Unveils Ambitious Agenda for Audit Oversight, Standard Setting At a year-end AICPA conference, Securities and Exchange Commission (SEC) Chief Accountant Kurt Hohl outlined an ambitious agenda for accounting …
SEC Chair Criticizes Accounting Firms for Pushing Rules Driven by ‘Self-Interest’ At a conference, Securities and Exchange Commission (SEC) Chairman Paul Atkins strongly criticized accounting firms for having pressured the commission …
Christina Ho Will Not Seek Second Term at PCAOB, Citing Need for Fresh Leadership As the Securities and Exchange Commission (SEC) vets candidates to serve as members of the Public Company Accounting Oversight Board …
Experts Say Moving Away From Quarterly Reports Not as Simple as It Seems Securities and Exchange Commission (SEC) Chair Paul Atkins has fast-tracked a rulemaking that would give companies the option to skip …
Minnesota Omnibus Tax Bill Increases Cannabis Tax, Makes Other Tax Changes By Peter G. Pupke On June 14, 2025, Minnesota Governor Tim Walz approved an omnibus tax bill that increases the …
FASB Unveils New Rules Streamlining Internal Software Accounting for Modern Development Methods U.S. accounting rulemakers have updated the rules for how companies track and report their spending on software they build for …
IRS Updates Shutdown Contingency Plan The IRS quietly updated its lapsed funding contingency plan, slightly boosting the number of staff working during the shutdown. The …