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In a joint statement bank and thrift regulators say they do not expect to apply Sarbanes-Oxley Act corporate governance requirements to nonpublic banking organizations not otherwise subject to similar stipulations ( ). The Federal Reserve Board, the Office of the Comptroller of the Currency and the Office of Thrift Supervision nevertheless encourage such entities to periodically review their corporate governance and auditing policies and procedures for consistency with applicable law, regulations and supervisory guidance and for their appropriateness to each organization’s size, operations and resources. According to the regulators, such banking organizations include national banks, state banks that are Federal Reserve members, savings associations and bank and savings-and-loan holding companies.


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.