International


The International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants issued an exposure draft (ED)—mentioned briefly in the September JofA News Digest —that proposes improving the board’s due process and working procedures by encouraging broader constituent participation through public forums or requests for comments on proposed rule changes; enhancing meeting agenda material and improving the board’s access to comment letters to facilitate its deliberations; expanding the description of the process by which the board considers reexposing a draft international standard or practice statement; instituting procedures for resolving due-process issues and other measures. Comments on the ED ( www.ifac.org/news ) are due October 15.

SPONSORED REPORT

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.

QUIZ

News quiz: IRS warning on cyberattacks and a change in pension rules

Once again, the IRS sounds the alarm about a threat from cyberthieves. See how much you know about this and other recent news with this short quiz.

CHECKLIST

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.