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News

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  • PCAOB Issues Proposal to Strengthen Auditor Requirements on Fraud

    By:
    S.J. Steinhardt
    |
    Jun 7, 2023
    The Public Company Accounting Oversight Board (PCAOB) has issued a proposal to amend its current standards related to the auditor’s responsibility for considering a company’s noncompliance with laws and regulations, including fraud.

  • Nominating Committee Seeks Members for 2024

    By:
    Timothy J. Hammond
    |
    Jun 7, 2023
    Are you interested in helping to select who will serve on next year’s NYSSCPA Board of Directors? If so, consider serving on the Society’s Nominating Committee.  To be nominated for the Nominating Committee, petitions with electronic signatures must be received on or before 12 p.m. (EST) on Friday, Aug. 11, 2023, and shall be sent by email to the NYSSCPA Secretary/Treasurer.

  • National Taxpayer Advocate Discusses IRS's Continuing Paper Problem at AICPA Conference

    By:
    S.J. Steinhardt
    |
    Jun 7, 2023
    Paper is still a problem for the IRS, National Taxpayer Advocate Erin Collins told an audience of accounting and tax professionals this week.

  • Smaller Firms Consider the Rewards and Risks of Using AI

    By:
    S.J. Steinhardt
    |
    Jun 6, 2023
    Smaller accounting firms are intrigued about the possibilities that artificial intelligence (AI) may hold for their business, but they are proceeding cautiously when employing it.

  • SEC Charges Two Crypto Firms with Securities Violations

    By:
    S.J. Steinhardt
    |
    Jun 6, 2023
    In another setback for the crypto industry, the Securities and Exchange Commission (SEC) has taken legal action against two crypto entities.

  • CFOs Take Steps to Prepare for SEC Disclosure Rules on ESG

    By:
    S.J. Steinhardt
    |
    Jun 5, 2023
    Chief financial officers are preparing for forthcoming Securities and Exchange Commission (SEC) rules on environmental, social and governance factors by putting systems and controls in place.
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