Regulatory
Coverage of every regulator whose actions move accounting practice. FASB, AICPA, PCAOB, IRS, SEC, state boards of accountancy.
Who we cover
- FASB: ASU releases, exposure drafts, basis for conclusions arguments
- AICPA: SSAEs, ARSC compilations and reviews, peer review standards
- PCAOB: AS releases, enforcement orders, inspection report deficiencies
- IRS: revenue rulings, notices, proposed regulations, enforcement priorities
- SEC: enforcement against accountants, EDGAR comment letters on accounting matters
- State boards: license discipline orders, reciprocity changes, CPE requirement updates
How regulatory reporting works here
Every regulatory article on The Ledgerism Brief links the primary source. When we say FASB released ASU 2023-08, we link the ASU PDF on fasb.org. When we say the PCAOB sanctioned an audit firm, we link the order on pcaobus.org. When we say an IRS notice changed how something is reported, we link the notice on irs.gov.
We do not publish summaries that replace the primary source. We publish reporting that explains why the regulatory action matters, what changes, what it costs, and who is affected, with the primary source one click away.
What we are tracking
Current regulatory watches:
- FASB ASU 2023-08 implementation: scope clarifications, fair value disclosure mechanics, NFT and stablecoin exclusions
- PCAOB inspection report releases: trends in the deficiency rate by firm size
- IRS proposed Section 6045 regulations on digital asset reporting: Form 1099-DA mechanics, broker definition disputes
- State board of accountancy CPA mobility and reciprocity: NASBA model rule adoption status
- SEC enforcement against audit firms and named partners
For practitioners
If you are a CPA in practice, the Regulatory pillar is the section to bookmark. We publish faster than most state society newsletters and we report with more depth than most national trade press. When something changes that affects how you bill, what you can sign, what your firm has to disclose, or what your peer review will look like, the Regulatory pillar covers it.
Bottom line
Every claim on the Regulatory pillar links a primary source. Every primary source is current as of publication. When a regulator updates, we update.