Improper Payments: FY23
GAO issued their Improper Payments: Information on Agencies’ Fiscal Year 2023 Estimates report (GAO-24-106927) on March 26, 2024 which provides details on the $236 billion in improper payments in FY 2023 which was concentrated in 5 programs. We’ll review the key findings from this report.
GASB Going Concern Uncertainties & Severe Financial Stress Survey
The GASB is soliciting user feedback for their project on Going Concern Uncertainties and Severe Financial Stress—Potential Disclosures. The survey should take about 15 minutes to complete and will provide the Board with helpful information in developing disclosures for this project. We encourage you to consider providing feedback!
AICPA Regional Council Meeting
The ACFE has issued their 2024 Report to the Nations. It provides an overview of fraud schemes as well as an update on the avatar of a fraudster.
2024 ACFE Report to the Nations
The ACFE has issued their 2024 Report to the Nations. It provides an overview of fraud schemes as well as an update on the avatar of a fraudster.
SEC Climate Disclosures
On March 6, the SEC issued The Enhancement and Standardization of Climate-Related Disclosures for Investors after a 3 to 2 vote by the SEC Commissioners.
FAF Reviews PCC
The ACFE has issued their 2024 Report to the Nations. It provides an overview of fraud schemes as well as an update on the avatar of a fraudster.
Proposed Sustainability Ethics Standard
The ACFE has issued their 2024 Report to the Nations. It provides an overview of fraud schemes as well as an update on the avatar of a fraudster.
ISAs for Less Complex Entities
The ACFE has issued their 2024 Report to the Nations. It provides an overview of fraud schemes as well as an update on the avatar of a fraudster.
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