KPMG LLP

Accounting

PCAOB legislation relating to whistleblower, information sharing, disciplinary proceedings, including S. 865: The PCAOB Enforcement Transparency Act of 2023 and S. 811: SEC Whistleblower Reform Act of 2023 Implementation of Holding Foreign Companies Accountable Act, the Accelerated Holding Foreign Companies Accountable Act, and other related China oversight, including the Trusted Foreign Auditing Act of 2023 (H.R. 6769 / S. 3494) and other related draft legislation Establishing New Authorities for Businesses Laundering and Enabling Risks to Security (ENABLERS) Act, passed in the 117th Congress (Contained in H.R. 7900: The National Defense Authorization Act for FY 2023) ESG/Climate Disclosure Proposals Independence of Accounting Standard Setting H.R. 2670; the National Defense Authorization Act for FY 2024, issues related to DoD contractor conflicts of interest S. 1045 and H.R. 2972: Failed Bank Executives Clawback Act (Section 2 (9)(B)), S. 2190: RECOUP Act (Recovering Executive Compensation Obtained from Unaccountable Practices Act of 2023) PCAOB Release No. 2023-003 (NOCLAR) H.R.3541 - Accounting STEM Pursuit Act of 2023 H.R. 2603 - To require the Securities and Exchange Commission to revise certain thresholds related to smaller reporting companies, accelerated filers, and large accelerated filers, and for other purposes H.R. 8339, the SEC Reform and Restructuring Act (specifically the title related to Streamlining Public Company Accounting Oversight) Draft legislation related to auditing and AI S.3087 - PROOF Act

TargetedSENATE · HOUSE OF REPRESENTATIVES · Securities & Exchange Commission (SEC)

Taxation/Internal Revenue Code

S.866: American Innovation and Jobs Act - Provisions Regarding R&D Amortization Relief, as well as H.R. 2673: American Innovation and R&D Competitiveness Act of 2023