Audit committees providing more disclosures about cyber and ESG

Audit committees are including more disclosures within proxy statements, but there's a disconnect between what investors expect and what companies are willing to disclose, and more of today’s top stories. 

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Audit committees providing more disclosures about cyber and ESG

A report released by the Center for Audit Quality and Audit Analytics found a number of positive disclosure trends among S&P 500 companies. 

In other news today:

IRS sees success in preventing ransomware attacks

The Treasury Inspector General for Tax Administration said the Internal Revenue Service has been successful at preventing ransomware attacks on its systems.

Wage and hiring growth slowed at small businesses in November

Small businesses saw little change in their month-over-month hiring rates and hourly earnings growth, but the number of hours worked by employees rose, according to payroll giant Paychex.

IRS raises interest rates for Q1 2023

With inflation at nearly a 40-year high, the Internal Revenue Service said interest rates will increase for the calendar quarter starting Jan. 1, 2023.

The Year Ahead: Top challenges for 2023

Staffing will represent the biggest obstacle for public accountants over the next 12 months — but it won't be the only one, and it has plenty of troubling aspects.

Financial plans: Review, revise, repeat

Regularly revisiting a client's planning documents offers a new perspective for an array of planning issues.