
Tax, accounting, auditing news - Journal of Accountancy
The report highlights the activities of the group charged with working with FASB to improve the process of setting accounting standards for private companies.
Posted: March 16, 2026, 8:02 pm
The AICPA Professional Ethics Executive Committee seeks comment on a revised definition to gather input on whether the definition appropriately reflects the roles that should be excluded from an attest engagement team. The comment deadline is June 1.
Posted: March 16, 2026, 12:30 pm
The recommendations include allowing taxpayers to rely on substitute reasonable cause when appropriate, permitting them to reserve the automatic first-time abatement for future use.
Posted: March 16, 2026, 12:05 pm
