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Audits of high-net-worth filers require more time and expertise, and the agency’s underfunding has led to a significant loss of personnel capable of performing those.
April 18 -
The board released its 2021 annual report on Thursday, highlighting its main accomplishments as it transitioned to a mostly new board.
April 14 -
The CSRC called for faster implementation of a new rule surrounding overseas listings that may remove a hurdle for U.S. regulators.
April 14 -
Americans who have put off their 2021 taxes have less than a week to file a return or an extension — and fill them out accurately to avoid trouble from the IRS.
April 14 -
The FRC is toughening up the regulation of Britain’s biggest auditors, as the sector faces heavy criticism over a string of high-profile finance scandals.
April 14 -
Elizabeth Warren and Judy Chu want to know why those making less than $25,000 are audited more often than those making more than $200,000.
April 13 -
The Big Four firm is adjusting to a new, tougher regulatory environment, even as it rolls out its latest auditing technology.
April 12 -
The IRS has the expertise to enforce President Joe Biden’s proposal to tax the unrealized gains of mega-millionaires and billionaires, Senator Elizabeth Warren contended in the face of criticism over the workability of a proposal she strongly supports.
April 7 -
The International Auditing and Assurance Standards Board released a revised standard Thursday to focus on the special considerations that apply to audits of group financial statements.
April 7 -
The board levied a $100,000 fine against Scott Marcello, in its largest monetary penalty ever in a settled case against an individual.
April 5