This episode covers the extension of time for PPP loan forgiveness audits; FASB’s exposure draft on tax credit structures; AICPA SAS 148 on compliance audits; PCAOB’s agreement with Chinese authorities; SEC’s new pay versus performance disclosure rules; and R&D accounting for taxes.

*** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. ***

Resources:

• FASB Seeks Input on Proposal to Improve Accounting for Investments in Tax Credit Structures
• AICPA SAS 148 – Amendment to AU-C 935, Compliance Audits
• PCAOB Signs Agreement with Chinese Authorities, Taking First Step Toward Complete Access for PCAOB to Select, Inspect and Investigate in China
• SEC Adopts Pay Versus Performance Disclosure Rules
• NJCPA Accounting & Auditing Knowledge Hub