The Public Company Accounting Oversight Board (PCAOB) issues a briefing paper describing its plans for overseeing—in cooperation with appropriate auditing regulators in other countries—the activities of U.S. accounting firms fully or partially responsible for auditing public companies in a foreign jurisdiction ( ). The paper also described the board’s vision of a reciprocal arrangement it seeks with foreign regulators for the oversight of non-U.S. accounting firms auditing American companies. The PCAOB said such joint efforts will protect investors by improving participating nations’ audit quality and corporate reporting, minimizing unnecessary overlaps in their regulations and costs and allocating resources more efficiently.


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.