Weekly News Round Up: IRS Releases Data on Last Year’s Activities; CFOs Push for New Tech; and New COSO Paper
March 24, 2014
Welcome to the Weekly News Round Up from the SC&H blog. Each week, we showcase a series of news stories that span everything from government contracting to personal finance to state and local tax issues.
This week, we have compiled stories about the IRS releasing data on last year’s activities, a new study about CFOs recognizing the value of technology, and new FASB standards on governing lease accounting.
IRS Releases Data on Last Year’s Activities
The Internal Revenue Service has released its 2013 IRS Data Book, providing a snapshot of activities at the agency in relation to taxpayers for the fiscal year.
Study: While CFOs Push New Tech, Adoption Lags
Today’s chief financial officers recognize the business case for digital and cloud technologies, according to a new Oracle global study. However, a gap remains between their technology evangelism and reality.
Lease Accounting Standard Inches Forward
The Financial Accounting Standards Board (FASB) apparently moved closer to the completion of a final new standard governing lease accounting.
States Lag in Educating Students About Personal Finance
The recession has cut deeply into state budgets, forcing policymakers to find new ways to get money management into school curricula and creative ways to pay for it.
New COSO Paper Demonstrates Improved Organizational Performance and Governance
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has published a new thought leadership paper that illustrates how the enterprise risk management and internal control frameworks can contribute to enhancing organizational performance and governance for sustainable success.
PCAOB Plans Forums on Audits of Small Businesses and Broker-Dealers
The Public Company Accounting Oversight has announced the dates of its annual forums for auditing firms that work in the small business environment and on audits of smaller broker-dealers.