Accounting
Trump administration pauses modernization efforts at the IRS
An email to employees says initiatives are on hold so agency can review “alignment with future priorities.”
An email to employees says initiatives are on hold so agency can review “alignment with future priorities.”
It levied record fines and passed a slew of regulations last fiscal year.
Deficiencies dropped to 39% from 46% in 2023.
It’s paying extra attention to crypto, cyber incidents, and compliance with new regs.
The new quality management standards take effect in December 2025.
Auditor didn’t understand higher risks of its crypto client, SEC wrote.
CFO Brew helps finance pros navigate their roles with insights into risk management, compliance, and strategy through our newsletter, virtual events, and digital guides.