Financial Reporting


The SEC issued a proposal to amend its requirements relating to rule changes requested by self-regulatory organizations (SROs), such as the securities and commodities exchanges ( www.sec.gov/rules/proposed/34-49505.htm ). The proposal aims to modernize and increase the efficiency of the rule-filing process by requiring SROs to submit recommended changes to the commission only in electronic form and to post all proposed modifications—as well as current and complete sets of their rules—on their Web sites. Comments are due June 4.

PODCAST

What’s next for potential CPA licensure changes

A new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.