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IESBA, IAASB to launch global sustainability assurance rules | Accounting Today
The International Ethics Sustainability Board for Accountants said Friday its Global Ethics Sustainability Standards have been certified by the Public Interest Oversight Board, which oversees IESBA, as well as the International Organization of Securities Commissions, ahead of the official launch later this month.
Bessent says US barreling to crisis if tax cuts not extended | Accounting Today
Treasury Secretary nominee Scott Bessent warned that the U.S. faces an economic crisis that will hammer middle- and working-class people if the 2017 Republican tax cuts aren't extended when a swath of them expire at the end of this year.
IRS, Treasury propose regs for corporate separations, reorganizations | Accounting Today
The Internal Revenue Service and the Treasury Department issued proposed regulations for corporate separations and reorganizations, along with reporting requirements for multi-year corporate separations, and a draft form.