The Compliance Consortium, an international group that promotes effective governance, risk and compliance management, has merged with the Open Compliance and Ethics Group, a nonprofit organization specializing in compliance and risk-management strategies. The merger is effective immediately. Members of the Compliance Consortium will serve as the initial members of the newly created OCEG Technology Council. Ted Frank, chairman of the Compliance Consortium advisory council and president of governance software provider Axentis, will join the OCEG's overall Leadership Council and head the newly formed Technology Council. Sebastian Holst, president of the Compliance Consortium, said that one of the OCEG Technology Council's first objectives will be to expand its membership to include commercial organizations and other technology providers.
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The Governmental Accounting Standards Board debuted a series of videos to help officials understand the information included in government financial reports.
April 21 -
A judge ruled the IRS can't classify micro-captive insurance as a listed transaction, but allowed classifying it as a "transaction of interest."
April 21 -
While the specific impacts are still being determined, professional liability insurers that cover CPA firms increasingly are coming to a consensus that AI is a source of risk that must be controlled by strong governance.
April 21 -
Kentucky has become the latest state to pass legislation offering an alternative pathway to qualifying for a CPA license to broaden the talent pipeline.
April 21 -
Businesses can file their claims for refunds on the tariffs they paid under the emergency powers that the Supreme Court has since ruled unconstitutional.
April 20 -
Small businesses that don't qualify for a payroll tax break are still receiving it, despite the IRS's efforts to stop them, according to a new report.
April 20





