AICPA ASSOCIATION OF INTERNATIONAL CERTIFIED PROFESSIONAL ACCOUNTANTS

ACC · Accounting

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; Issues related to Artificial Intelligence (AI) accountability and attest; Issues related to Section 815 of S.4784, National Defense Authorization Act for Fiscal Year 2027.

Literal federal measure citations: S.4784

EDU · Education

Legislation adding accounting to STEM definition including the Accounting STEM Pursuit Act (H.R.2911 and S.3784). Implementation of Sec. 81001. establishment of loan limits for graduate and professional students and parent borrowers in the One Big Beautiful Bill Act, P.L. 119-21 and the Professional Student Degree Act (H.R.6718).

Literal federal measure citations: H.R.2911, S.3784, H.R.6718

TAX · Taxation/Internal Revenue Code

General issues related to multiple areas of the tax law and code including: Legislative proposals on tax simplification, tax reform, and technical tax changes; Implementation of H.R.1, One Big Beautiful Bill Act (P.L.119-21), including SALT cap passthrough entity-level taxes.

Literal federal measure citations: H.R.1