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September 30, 2025
TXCPA Launches Government Shutdown Resource Page
As the possibility of a federal government shutdown remains, TXCPA has created a dedicated
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TXCPA Launches Government Shutdown Resource Page
Explore TXCPA’s Government Shutdown Resources page for IRS updates, advocacy efforts and guidance on potential impacts to CPAs and their clients.
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New Additional Pathway Rules Adopted by State Board
The Texas State Board of Public Accountancy adopted rules for a new CPA licensure pathway under Senate Bill 262. Starting Aug. 1, 2026, candidates may qualify with a bachelor’s degree, two years’ experience and the CPA exam.
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FASB ASU Environmental Credits and Environmental Credit Obligations (Topic 818)
TXCPA’s Professional Standards Committee submitted comments to FASB on Environmental Credits (Topic 818), supporting guidance but raising concerns on liability recognition, fair value measurement, and balance sheet presentation.
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TXCPA Launches Government Shutdown Resource Page