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Regulatory Roundup 3/11/2010

Submitted by Melissa Hoffmann on Thu, 03/11/2010 - 16:58
  • AICPA
  • FASB
  • IRS
  • Regulatory Activities
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Regulatory agency actions and updates for March 11, 2010:

AICPA

  • The contract providing for nationwide administration of the Uniform CPA Examination in the United States has been extended until 2024.

Financial Accounting Standards Board (FASB)

  • Exposure Draft: Conceptual Framework for Financial Reporting: The Reporting Entity.
  • Summary of Board decisions for March 10, 2010 meeting.
  • Summary of Board decisions for March 11, 2010 joint FASB and International Accounting Standards Board meeting.

Government Accountability Organization (GAO)

  • Report: The Federal Government's Long-Term Fiscal Outlook: January 2010 Update.
  • Report: State and Local Governments' Fiscal Outlook: March 2010 Update.

IRS

  •  The 2009 IRS Data Book has been released.

Securities and Exchange Commission (SEC)

  • Investor Alert: Phony Web site targeting Madoff victims.

United States Treasury Department

  • The Community Development Financial Institutions Fund is seeking reviewers for Capital Magnet Fund 2010 round.
  • Audit Report: Additional Actions are Needed to Realize benefits of the Tax Exempt and Government Entities Reporting and Electronic Examination System.
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