The SEC is to also discuss the co-ordination of the changes, proposed by the
Public Company Accounting Oversight
Board, in relation to the SEC’s own guidance concerning implementation.
The meeting is a direct result of a pledge made by the two organisations last
year, to make compliance with s404’s internal controls rules more efficient and
The SEC proposed guidance which is designed to focus on internal controls
that present the greatest risk for a material financial misstatement.
At the same time, the PCAOB proposed a revision of its existing standard for
Both organisations received comment letters on this, highlighting the need
for alignment between both group’s proposals.
Further powers are being sought by HMRC, but it is ‘failing’ to use those it already has, such as Conduct Notices, says RPC
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group