12 to KNOW

SOURCES:   CNN — Live updates: US-Iran war, Pete Hegseth testifies at hearing says war cost $37.5 billion    https://edition.cnn.com/2026/07/22/world/live-news/the-war-with-iran   NPR — Trump imposes 50% tariffs on Canadian goods    https://www.npr.org/2026/07/21/nx-s1-5901905/trump-imposes-tariffs-canadian-goods   CBS News — Trump to impose 50% tariffs on Canadian hockey sticks, milk, alcohol and...

SOURCES:   European Commission — Commission adopts revised sustainability reporting standards    https://finance.ec.europa.eu/news/commission-adopts-revised-sustainability-reporting-standards-2026-07-03_en   Journal of Accountancy — AICPA Top Issues Survey: Firms' focus on technology rises    https://www.journalofaccountancy.com/news/2026/jun/aicpa-top-issues-survey-firms-focus-on-technology-r...

SOURCES:   CBS News — U.S. carries out 10th night of strikes on Iran after 3 U.S. troops killed    https://www.cbsnews.com/live-updates/iran-war-trump-us-troops-killed-wounded-jordan-base/   CNN — July 20, 2026 — US completes more strikes against Iran after Trump warning to Tehran    https://www.cnn.com/2026/07/20/world/live-news/iran-war-trump   NPR — Andy Burnham succeeds Keir Starmer as the U.K...

SOURCES:   Chess Consulting LLC — Financial Reporting Update: Q2 2026 Recap    https://chessconsultingllc.com/financial-reporting-update-q2-2026-recap/   Receipts AI — 110+ AI Accounting and Automation Statistics (Updated June 2026)    https://receiptsai.com/ai-automation-accounting-statistics-2026   Yahoo Finance — Australia to boost scrutiny of Big Four accounting firms after wave of scandals   ...

SOURCES:   CNN — July 19, 2026 – Explosions reported in Iran after two US troops killed    https://www.cnn.com/2026/07/19/world/live-news/iran-war-trump   NPR — Three U.S. service members were killed in action    https://www.npr.org/sections/world/   Townhall — VP JD Vance and Wife Usha Welcome Fourth Child, Baby Boy Alec Neel Vance    https://townhall.com/tipsheet/scott-mcclallen/2026/07/19/vp-jd...

SOURCES:   Reuters — Australia to boost scrutiny of Big Four accounting firms after wave of scandals    https://ca.finance.yahoo.com/news/australia-boost-scrutiny-big-four-074210869.html   Accounting Today — Firm360 announces tax prep automation capacities    https://www.accountingtoday.com/news/firm360-announces-tax-prep-automation-capacities   Inside Public Accounting — Missouri Establishes New...

SOURCES:   CNN — July 16, 2026 — Qatar, Kuwait fend off fresh attacks, US continues Iran strikes    https://www.cnn.com/2026/07/16/world/live-news/iran-war-trump   CNN Business — Gas is nearly $4 again and diesel just topped $5. It's not what you think    https://us.cnn.com/2026/07/16/business/gas-diesel-prices-iran   Fox Weather — Canadian wildfire smoke invades a dozen states, spreading haza...

SOURCES:   NPR — After weeks of speculation, Taylor Swift, Travis Kelce wed in New York    https://www.npr.org/2026/07/03/nx-s1-5877361/taylor-swift-travis-kelce-wedding-msg   97OKK — Happy 'Billboard' chart-iversary, Taylor Swift!    https://97okk.com/music-news/2026-07-01-happy-billboard-chart-iversary-taylor-swift/   Wikipedia — Daughter from Hell    https://en.wikipedia.org/wiki/Daught...

SOURCES:   Journal of Accountancy — Student enrollment in accounting continues to rise    https://www.journalofaccountancy.com/news/2026/jun/student-enrollment-in-accounting-continues-to-rise/   CPA.com — Blue J and CPA.com release second annual AI Tax Research Solution Outlook Report    https://www.cpa.com/news   Cleary Gottlieb — The Shifting SEC Enforcement Landscape: 2025 Year-in-Review    htt...

SOURCES:   CNN — US says new strikes on Iran aimed at protecting vessels in Strait of Hormuz    https://www.cnn.com/2026/07/15/world/live-news/iran-war-trump   Al Jazeera — Iran war updates: US military carries out another wave of strikes    https://www.aljazeera.com/news/liveblog/2026/7/15/live-trump-says-strikes-on-iran-will-continue-until-i-say   Fox News — House passes daylight saving time ref...

SOURCES:   Cornerstone Research — SEC Enforcement Against Public Companies and Subsidiaries in 1H FY 2026    https://www.cornerstone.com/insights/research/sec-enforcement-against-public-companies-subsidiaries-1h-fy-2026/   CPA.com — AI Tax Research Solution Outlook Report    https://www.cpa.com/news   Journal of Accountancy — Enrollment in four-year accounting programs increased 8.9%    https://ww...

SOURCES:   Bureau of Labor Statistics — Consumer Price Index - June 2026    https://www.bls.gov/news.release/cpi.htm   Trading Economics — United States Inflation Rate    https://tradingeconomics.com/united-states/inflation-cpi   NPR — National Guard deployment extended    https://www.npr.org/sections/national/   Fox News — House passes daylight saving time reform    https://www.foxnews.com/politi...

SOURCES:   Journal of Accountancy — Student enrollment in accounting continues to rise    https://www.journalofaccountancy.com/news/2026/jun/student-enrollment-in-accounting-continues-to-rise/   Firm of the Future — 2026 Accountant Technology Survey    https://www.firmofthefuture.com/news/accountant-tech-survey-2026/   McGuireWoods — SEC Enforcement Speaks in 2026    https://www.mcguirewoods.com/c...

SOURCES:   CNBC — Stock market news for July 13, 2026    https://www.cnbc.com/2026/07/12/stock-market-today-live-updates.html   CBS News — Trump offers US protection in the Strait of Hormuz for a 20% fee    https://www.cbsnews.com/world/   Fox News — Lindsey Graham's sister appointed to Senate as GOP rushes to protect fragile majority    https://www.foxnews.com/politics/lindsey-grahams-sister-...

SOURCES:   Thomson Reuters — What to know about the new PCAOB auditing standards for 2026    https://tax.thomsonreuters.com/blog/what-to-know-about-the-new-pcaob-auditing-standards/   Karbon — The State of AI in Accounting Report 2026    https://karbonhq.com/resources/ebooks/state-of-ai-accounting-report-2026/   Gleim CPA Review — How the AICPA will roll the 'Big Beautiful Bill' into the C...

SOURCES:   ABC News — US conducts new strikes on Iranian targets, officials say    https://abcnews.com/International/live-updates/iran-live-updates-thousands-throng-tehran-streets-khamenei/?id=134509610   CNBC — McConnell provides health update after long unexplained absence    https://www.cnbc.com/2026/07/12/mcconnell-provides-health-update-after-long-unexplained-absence.html   NPR — Sen. Lindsey...

SOURCES:   CBS News — Millions of taxpayers have until July 10 to claim an IRS refund    https://www.cbsnews.com/news/irs-refund-deadline-july-10-2026/   Going Concern — Monday Morning Accounting News Brief: Cool It on the Scandals, Students Are Watching; Quarterly Reporting Proposal Overwhelmingly Opposed    https://www.goingconcern.com/monday-morning-accounting-news-brief-cool-it-on-the-scandals...

SOURCES:   WORLD Radio — Friday morning news: July 10, 2026    https://wng.org/podcasts/friday-morning-news-july-10-2026-1783635674   NBC News — Graham Platner drops out of Senate race    https://www.nbcnews.com/politics/2026-election/graham-platner-drops-senate-bid-maine-rcna353199   CNBC — Platner quits Maine Senate race    https://www.cnbc.com/2026/07/08/platner-quits-maine-senate-race-midterm-...

SOURCES:   CNN — Taylor Swift and Travis Kelce tie the knot in star-studded ceremony    https://www.cnn.com/2026/07/03/entertainment/live-news/taylor-swift-travis-kelce-wedding   Billboard — Happy 'Billboard' chart-iversary, Taylor Swift!    https://97okk.com/music-news/2026-07-01-happy-billboard-chart-iversary-taylor-swift/   E! Online — Travis Kelce reflects on his 'epic' proposa...

SOURCES:   Bloomberg Tax — Big Four Firms Hone Crypto Advisory Services as Demand Swells    https://news.bloombergtax.com/financial-accounting/big-four-firms-hone-crypto-advisory-services-as-demand-swells   BusinessWorld Online — Australia weighs breakup of Big Four accounting firms after scandals    https://bworldonline.com/world/2026/07/01/760445/australia-weighs-breakup-of-big-four-accounting-f...

SOURCES:   CNN — Live updates: US and Iran trade strikes for second day after Trump said ceasefire is 'over'    https://www.cnn.com/2026/07/09/world/live-news/iran-war-trump   WORLD Radio — Thursday morning news: July 9, 2026    https://wng.org/podcasts/thursday-morning-news-july-9-2026-1783538285   CNN — Mitch McConnell has been hospitalized for three weeks and his team won't say why...

SOURCES:   CPA.com — AI Tax Research Solution Outlook Report    https://www.cpa.com/news   Cornerstone Research — SEC Enforcement Against Public Companies and Subsidiaries in 1H FY 2026    https://www.cornerstone.com/insights/research/sec-enforcement-against-public-companies-subsidiaries-1h-fy-2026/   Gleim CPA Review — How the AICPA will roll the 'Big Beautiful Bill' into the CPA Exam   ...

SOURCES:   CNN — US hits more than 80 Iran targets, reimposes oil sanctions    https://www.cnn.com/2026/07/07/world/live-news/nato-summit-trump   ABC News — Trump says he thinks Iran agreement is 'over' after exchange of fire    https://abcnews.com/International/live-updates/iran-live-updates-thousands-throng-tehran-streets-khamenei/?id=134509610   Fox News — Trump arrives at NATO summit a...

SOURCES:   Reuters via FreeMarket Today — Australia weighs break-up of Big Four accounting firms after scandals    https://www.freemalaysiatoday.com/category/business/2026/07/01/australia-weighs-break-up-of-big-four-accounting-firms-after-scandals   CPA.com — Survey of 1,000 accountants finds 60% of firms now use AI-powered tax research    https://www.cpa.com/press-releases   Journal of Accountanc...

SOURCES:   NPR — Trump won spending promises from NATO last year. This week, he'll try to enforce them    https://www.npr.org/2026/07/06/g-s1-132082/trump-nato-turkey-spending   CNN — Deadly Russian strikes hammer Kyiv on eve of Trump trip to critical NATO summit    https://www.cnn.com/2026/07/05/europe/kyiv-ballistic-missile-attack-july-6-intl-hnk   NPR — Democratic socialist Melat Kiros pois...