Regulation & Compliance: Page 2
-
New York passes new CPA pathway in ‘unheard of’ fashion
New York’s accounting policy advisors secured two legislative wins this week, with CPA licensing reform and e-signature expansion both passing in the same session.
By Adam Zaki • June 13, 2025 -
How PwC’s tax team is using agentic AI
As agentic AI pushes deeper into corporate finance, the firm’s US AI Tax Leader Dom Megna says the technology is no longer experimental. Now, he says, it’s operational.
By Adam Zaki • June 6, 2025 -
Feds arrest freight forwarder CFO in alleged scheme to avoid customs duties, launder millions
Sport LA CFO Ralph Olarte is accused of bribing public officials and Mexican drug cartels with laundered money to avoid paying import taxes on billions of dollars worth of goods.
By Adam Zaki • June 5, 2025 -
Is private equity’s pushback on the CPA credential a regulatory issue?
The decision to make non-audit CPAs stop using the credential may be less of a private equity strategy and more of a compliance response to regulatory structures.
By Adam Zaki • May 30, 2025 -
97% of accounting firms say they’re inefficient with technology
This is a red flag for CFOs who are outsourcing finance functions to firms that sell themselves as being forward-thinking or technology driven.
By Adam Zaki • May 20, 2025 -
NASBA and AICPA approve model legislation for CPA licensure
The revised Uniform Accountancy Act introduces a third pathway to CPA licensure and modernizes mobility rules to help states address accounting talent concerns.
By Adam Zaki • May 15, 2025 -
With Florida’s CPA oversight bill stalled, what’s next?
Though Florida’s House of Representatives passed a bill that would eliminate licensing boards like the state’s Board of Accountancy, the state Senate has rejected the move for now.
By Adam Zaki • May 14, 2025 -
82% of finance and tax leaders expect increased public tax disclosure in 2-3 years
As regulators worldwide push for greater tax transparency, CFOs face mounting pressure to prepare for complex disclosures and external assurance.
By Adam Zaki • May 6, 2025 -
Can Trump oust Powell? Court cases may shift precedent: Trial Balance
As Trump signals interest in removing Fed Chair Jerome Powell, the Supreme Court is revisiting a 90-year-old precedent on limits to presidential power over agency heads.
By Adam Zaki • April 21, 2025 -
Why intoxicating hemp is a growing threat to regulated cannabis businesses
Though the business around hemp-based cannabis is growing, the lighter regulatory scrutiny of these products is creating challenges for those trying to follow the rules.
By Adam Zaki • April 18, 2025 -
The cost-benefit of rescheduling cannabis
Cannabis accountants say rescheduling will remove the accounting headache of 280E, but cannabis attorneys say the move creates a litigious opportunity for Big Pharma to step in.
By Adam Zaki • April 18, 2025 -
Opinion
Stressed about tariffs? Here’s how to financially model their impact
By relying on data-driven analysis rather than intuition, businesses can optimize cash flow, pricing and vendor relationships to navigate market uncertainty.
By Dave O’Brien • April 8, 2025 -
Probationary IRS workers will be back to work before Tax Day: Trial Balance
A federal judge has ordered the IRS to fully reinstate 7,000 previously terminated employees, citing a failure to restore agency operations.
By Lauren Muskett , Adam Zaki • April 7, 2025 -
China readies 34% tariff on US imports starting April 10
The country's retaliation against President Donald Trump's trade policies builds upon previously announced duties.
By Max Garland • April 4, 2025 -
March earnings update: How finance leaders are navigating tariffs
On their most recent earnings calls, CFOs from Lululemon, Nike, Five Below, Volkswagen, Traeger, Costco, Macy's and Target discussed tariff uncertainty.
By Adam Zaki • April 1, 2025 -
Though concern is up, most CFOs aren’t doing anything about tariffs — Duke-Fed survey
The most recent CFO survey from Duke University and the Federal Reserve Banks of Richmond and Atlanta highlights how CFOs are concerned about tariffs but have taken little action as of now.
By Adam Zaki • March 26, 2025 -
Tax execs brace for disruption ahead of expiring TCJA rules
It’s unknown whether the sunsetting provisions will lapse, be extended, made permanent or replaced with new legislation.
By David McCann • March 19, 2025 -
CPA society leaders reiterate 150-hour pathway is not going away
As states explore alternative CPA licensure pathways, CPA society representatives addressed the misconception that they want to remove the 150-hour requirement during a recent webinar.
By Adam Zaki • March 6, 2025 -
Opinion
Solving the tariff puzzle: A call to action for businesses
Here’s how businesses can better prepare for the uncertainties of the current trade environment and position themselves for success.
By Andrew Siciliano • March 6, 2025 -
Auditors could face less heat with Trump in the White House
If history repeats, PCAOB enforcement activity will decline during the President’s second term.
By David McCann • March 5, 2025 -
Tracker
CPA requirements by state
A resource to help finance leaders track the state-by-state changes to CPA requirements.
By Adam Zaki • Updated Jan. 6, 2026 -
71% of audit committees are now discussing cybersecurity quarterly
Over three in 10 audit committee members also said cybersecurity skills among board members would increase their effectiveness, according to a new Deloitte survey.
By Adam Zaki • Feb. 12, 2025 -
FEMA CFO Mary Comans fired for defying Trump and funding migrant hotels
A $59 million payment sent to New York City was the cause of her dismissal, along with three others, according to the Department of Homeland Security.
By Adam Zaki • Feb. 11, 2025 -
China imposes tariffs on the U.S. as Canada and Mexico back down
China appears ready to take on the U.S. in a trade war, while Canada and Mexico came to agreements with the U.S. before tariffs took effect.
By Adam Zaki • Feb. 4, 2025 -
Why Hindenburg Research calls Carvana’s accounting methods ‘a grift’
A recent short-seller report suggests Carvana is using unethical accounting, lax underwriting, biased auditors and questionable partnerships with third parties to inflate performance.
By Adam Zaki • Jan. 14, 2025