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November 8, 2021

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SEC OKs PCAOB rule on foreign audit inspections

By Michael Cohn       3 min read

The Commission approved a rule to ensure the Public Company Accounting Oversight Board can inspect firms in other countries, especially China. View story →

On the move: RKL rehires former associate as partner

By Danielle Lee      

AAM names executive director; IAASB appoints new board members; and more CPA news.  View story →

RELATED

AAM announces new executive director →

Rhonda Clark, the previous association manager at the Association for Accounting Marketing, will begin her new role Jan. 1, 2022.

October sees 531K new jobs, with 4.1K in accounting

By Michael Cohn       4 min read

The robust jobs report showed the unemployment rate declining two-tenths of a point to 4.6%. View story →

UN makes little progress on carbon taxes

By Michael Cohn       5 min read

Some countries are already taxing greenhouse gas emissions, but the U.S. is not likely to follow suit anytime soon. View story →

Wolters Kluwer launches CCH Axcess Workflow

By Daniel Hood       1 min read

The new solution leverages features from WK's acquisition of XCM last year. View story →

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CRI merges in Brooks McGinnis

By Michael Cohn       2 min read

The Top 25 Firm is expanding in Georgia by adding a firm based in Atlanta.  View story →

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Botkeeper raises $42M

By Daniel Hood       1 min read

Paychex founder Tom Golisano will be joining the bookkeeping automator’s board. View story →

House moves toward votes on Biden economic plan, infrastructure

By Billy House, Erik Wasson and Laura Davison       4 min read

There were last-minute changes on modifying the SALT deduction and a provision allowing Medicare to negotiate drug prices. View story →

Congress makes historic pivot to focus on kids over older adults

By Mike Dorning       5 min read

The $1.75 trillion package marks a dramatic shift toward boosting support for families with children. View story →

Earth’s value is being left off the balance sheet

By Mark Buchanan       4 min read

A U.K. Treasury report that almost ignores the long-term costs of not reducing emissions highlights the need to account for the environment. View story →

Biden calls public works bill, job growth ‘monumental step’

By Jennifer Jacobs and Jennifer Epstein       3 min read

President Joe Biden celebrated House passage of the biggest U.S. infrastructure plan in decades, a crucial victory that he described as a direct response to voters who handed his party defeats in state elections last week. Read story →

Tax Fraud Blotter: ‘One fire too many’

By Jeff Stimpson       6 min read

Where there’s smoke; FedEx con; the bank of me me me; and other highlights of recent tax cases. Read story →

IFAC provides digital access to international accounting standards

By Michael Cohn       2 min read

The International Federation of Accountants debuted eIS, a new way to access global auditing, assurance, ethics and public sector accounting standards online. Read story →

IRS ups 401(k) contributions to $20,500

By Michael Cohn       3 min read

The service lifted the limit from $19,500 as part of its annual inflation adjustments.  Read story →

Audit committees unprepared for climate change

By Michael Cohn       3 min read

Most boardroom audit committees around the world don’t discuss climate on a regular basis or consider themselves particularly knowledgeable about the subject. Read story →

RESOURCES

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ASC 842 - The clock is ticking for Non-Public entities

Tuesday, November 9, 2021 2:00 PM EST

In this webinar, finance, and technology experts from IRIS Software Group explore the practical considerations and best practices for implementing the new standard - based on the lessons learned from public market adopters. Learn More →

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REPORT

6 steps to finding and loading lease data: A quick start guide for compliance

6 key steps to figure out what you lease and how to get compliant with lease accounting standards.  Learn More →

SPONSOR CONTENT FROM EZLease

WEB SEMINAR

2022 and beyond accounting firm technology preview

Wednesday, December 1, 2021 2:00 PM EST

The latest technologies are making it easier for firms to adapt to the rapid pace of change and handle increased pressures in the accounting profession.  Learn More →

SPONSOR CONTENT FROM Wolters Kluwer

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