Tax, accounting, auditing news - Journal of Accountancy

March 9, 2022

SEC proposes new rules for cybersecurity reporting

Public companies would be required to provide investors with enhanced and standardized information about their cybersecurity practices under a new rule proposed Wednesday by the Securities and Exchange Commission.

March 9, 2022

How not-for-profits can emphasize their advantages in a tight labor market

Recruiting and retention are difficult in an environment where employees have lots of options. Not-for-profits can emphasize their mission and use many other strategies to stay fully staffed.

March 7, 2022

IRS to fast-track 10,000 hirings to address backlog

Direct-hire authority will allow the Internal Revenue Service to more quickly reinforce its return processing and account management functions.

March 3, 2022

National taxpayer advocate to CPAs: Tell us where the challenges are

CPAs and other tax professionals can help the Taxpayer Advocate Service identify the most acute problems within the IRS.

March 3, 2022

How to keep Ukraine donations safe from fraudsters

Taking the time to research charities can help donors make certain that their donations are being used for the intended purpose.

March 3, 2022

Positive for now, CPA executives wary of inflation and other headwinds

Inflation and the search for talent top the list of known challenges; Ukraine is one of the unknowns at this point.

March 2, 2022

These 10 startups show profession’s focus on innovation, ESG

The AICPA and CPA.com have selected 10 early-stage technology companies to participate in the 2022 Startup Accelerator.

March 1, 2022

Audits of PRF for-profit funds, other issues discussed in GAQC resources

New tools offered by the AICPA Governmental Audit Quality Center discuss coronavirus relief fund audit requirements for for-profit health care entities as well as single audit tips for auditors and organizations subject to single audit requirements.

February 28, 2022

PPP forgiveness too slow in some cases, inspection finds

A report by the Office of the Inspector General found that the US Small Business Administration did not meet the 90-day statutory requirement to remit Paycheck Protection Program forgiveness payments to lenders for loans totaling $66.4 billion.

February 25, 2022

SEC seeks more disclosures of short-sale data

The Securities and Exchange Commission voted to require certain institutional investment managers to report short sale-related information each month. The SEC then would make aggregate data about large short positions, including daily short-sale activity data, available to the public for each individual security.

February 25, 2022

FROM THIS MONTH'S ISSUE

Want to thrive in an AI world? Power up your people skills

Learn how CPAs can strengthen their human relationships by developing their communication, curiosity, and self-awareness. Artificial intelligence can’t replicate these people skills.