United States:
FINRA Assesses GASB Accounting Support Fee
23 March 2020
Cadwalader, Wickersham & Taft LLP
To print this article, all you need is to be registered or login on Mondaq.com.
FINRA notified members that it will assess and
collect an accounting support fee of $10,022,000 to fund the
current annual budget of the Governmental Accounting Standards
Board. Beginning in April 2020, the assessments will be collected
quarterly ($2,505,500 per calendar quarter) from member firms that
report trades to the MSRB.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Accounting and Audit from United States
The Importance Of Forensic Accounting In 2024
Bennett Thrasher
Forensic accounting is a specialized field within accounting that involves the utilization of investigative techniques to uncover financial discrepancies, fraud, or other irregularities...
Recent PCAOB "Sweeps" Pressure Audit Committees
Mayer Brown
As the regulator of public company auditors, following the Sarbanes-Oxley Act of 2002, the Public Company Accounting Oversight Board (PCAOB) aims to safeguard investors' interests.
ERC Audits: What Companies Need To Know
Bennett Thrasher
The Employee Retention Credit (ERC) has served as a crucial support for numerous businesses, offering financial assistance in times of adversity.