AT Think

The International Accounting Education Standards Board (IAESB) released a Consultation Paper on Wednesday, titled Meeting Future Expectations of Professional Competence: A Consultation on the IAESB’s Future Strategy and Priorities. The IAESB’s proposed strategy from 2017 through 2021 builds on its revised International Education Standards (IES) and the Education Board’s work towards the implementation of those standards in an increasingly changing world.

PricewaterhouseCoopers has released a report on the firm’s efforts to improve audit quality.

Members of the New Jersey Society of Certified Public Accountants (NJCPA) recently collected more than 3,000 pounds of food during its sixth annual September-to-November food drive, benefitting the Community FoodBank of New Jersey. The food drive was sponsored by the NJCPA Young CPAs Council.

Several policymakers will be on hand December 9-11 at the Marriott Wardman Park Hotel in Washington, D.C. to discuss the financial regulatory outlook for U.S. public companies at the 2015 AICPA SEC-PCAOB Conference.

Congressional staff reportedly worked over the Thanksgiving weekend on negotiations over tax extenders, the dozens of expiring and already expired tax breaks that perennially occupy Washington just before the end of the year.

IRS officials will be on hand for the AICPA’s Accounting, Auditing and Regulatory Update Conference, held Dec. 7-8 at the Grand Hyatt Washington D.C.

A recent report from the Institute of Internal Auditors focuses on how internal auditors view the value they bring to their organizations, even while many of their organizations have no performance measures in place for the internal audit function.

The AICPA announced last week that they have submitted comments on the IRS Announcement 2015-19, which advises that the IRS is modifying the Employee Plans Determination Letter Program and that the current five-year remedial amendment cycles for individually designed retirement plans will be terminated effective January 1, 2017.

Deloitte is advising corporate clients to be careful about their holiday gift giving so they don’t run afoul of laws like the Foreign Corrupt Practices Act.

The Georgia Society of CPAs (GSCPA) recently held its third annual financial literacy day this month. The volunteer event, Millennial Money, gave certified CPAs in the state the opportunity to teach eighth-grade students the importance of saving and budgeting.