Issues impacting the accounting and auditing profession. PCAOB matters, including disciplinary proceedings, legislation related to the Sarbanes Oxley Act and proposed amendments to Auditing Standards. Implementation of the Corporate Transparency Act. Digital assets attestation issues related to proof of reserves and stablecoins legislation. Issues related to Artificial Intelligence (AI) accountability and attest. Single audit of nonfederal entities federal award money.
Source-reported fields
Filing overview
- Type
- 3rd Quarter - Report
- Posted
- Oct 10, 2025
- Income
- Not reported
- Expenses
- $590,000.00
- Registrant
- KPMG LLP
- Client
- KPMG LLP
- Filing UUID
- 6d4d0b9a-30f9-4942-8791-c1ac72190b1a
- Termination date
- Not reported
Expense method: A
Literal source text
Lobbying issues and bill citations
Legislative proposals on tax simplification, tax reform, and technical tax changes. One Big Beautiful Bill Act, P.L. 119-21. Individual, S corporation, partnership, trust and estate implementation and extension issues regarding the Tax Cuts and Jobs Act, P.L.115-97, including SALT cap passthrough entity-level taxes. Virtual currency and digital assets reporting. Partnership taxation issues, basis-shifting transactions. Accounting profession tax matters related to the 2025 budget reconciliation. Beneficial ownership information reporting issues.
Legislation adding accounting to STEM definition.
Federal government financial statements.
Antitrust liability issues and occupational licensing reform.
Relationship and amount limits
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