National Accounting Day on May 19 highlights the impact of CPAs through the “CPA: Trust in Action” digital mosaic, where professionals share real moments that reflect the trust they build every day.

TXCPA’s Professional Standards Committee responded to the proposed PCAOB No. 2026-001, PCAOB Strategic Priorities. The PCAOB sought comments from stakeholders as the Board develops a new strategic plan.

A TIGTA investigation following the LakePoint Land II decision revealed that the IRS improperly backdated several managerial approvals. Although the conduct violated the requirement for timely supervisory approval, the discipline was relatively minor.