The CPA Journal - Latest News and Information
The CPA Journal highlights three pivotal SALT updates: California’s Climate‑Related Financial Risk Act (SB 261) now obliges businesses with over $500 million in revenue to file biennial climate risk reports starting Jan 1 2026, with penalties of $50 k‑$500 k per year; Washington, D.C. passed a 90‑day emergency act temporarily restoring the Low‑Income Housing Tax Credit (LIHTC) exemption from rent‑stabilization after a court ruling threatened it; and the Pennsylvania Supreme Court declared Pittsburgh’s 3 % “jock tax” unconstitutional, eliminating a revenue stream of roughly $4 million annually.
MITRE ATT&CK is being promoted as a governance tool for accounting and finance professionals to meet SEC cyber‑disclosure requirements. Unlike traditional control‑centric frameworks, ATT&CK provides a threat‑intelligence view of adversary tactics and techniques. The framework is endorsed by CISA and...
