12 to KNOW

SOURCES:   Thomson Reuters Tax & Accounting — PCAOB Proposes Rollbacks to Quality Control Standard Amid Audit Firm Pushback    https://tax.thomsonreuters.com/news/pcaob-proposes-rollbacks-to-quality-control-standard-amid-audit-firm-pushback/   CPA.com — Blue J, CPA.com Release Second Annual AI Tax Research Solution Outlook Report    https://www.cpa.com/news   Accounting Today — Accounting in 2...

SOURCES:   NPR — Dayslong funeral for slain Supreme Leader Ayatollah Ali Khamenei begins in Tehran    https://www.npr.org/2026/07/04/nx-s1-5882083/iran-funeral-ayatollah-ali-khamenei   CNN — July 5, 2026 - Second day of public funeral for Iran's Supreme Leader    https://www.cnn.com/2026/07/05/world/live-news/iran-khamenei-funeral-war-trump   Axios — Trump says Netanyahu 'knows who the bos...

SOURCES:   CNN — Taylor Swift and Travis Kelce's wedding celebration is underway with star-studded guest list    https://www.cnn.com/2026/07/03/entertainment/live-news/taylor-swift-travis-kelce-wedding   Billboard — Happy 'Billboard' chart-iversary, Taylor Swift!    https://whdg.com/2026/07/01/happy-billboard-chart-iversary-taylor-swift/   The Hollywood Reporter — All the Celebrities,...

SOURCES:   The Tennessean — Taylor Swift surprises at Nashville children's hospital gala    https://www.tennessean.com/story/entertainment/music/2026/07/01/taylor-swift-nashville-hospital-charity   Billboard — Taylor Swift's Midnights surpasses 10 billion Spotify streams    https://www.billboard.com/music/chart-beat/taylor-swift-midnights-10-billion-spotify-1235729841   Rolling Stone — Sel...

SOURCES:   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-firms-after-scandals/   Journal of Accountancy — How will accountants learn new skills when AI does the work?    https://www.journalofaccountancy.com/issues/2026/mar/how-will-accountants-learn-new-...

SOURCES:   NPR — Supreme Court upholds birthright citizenship on constitutional grounds    https://www.npr.org/2026/06/30/nx-s1-5839358/birthright-citizenship-decision-scotus-trump   Yahoo Finance — Kevin Warsh: Fed will not be comfortable with inflation above 2%    https://finance.yahoo.com/economy/policy/article/kevin-warsh-fed-will-not-be-comfortable-with-inflation-above-2-183000837.html   CNBC...

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 — AI Tax Research Solution Outlook Report    https://www.cpa.com/news   SEC — SEC Announces Enforcement Results for Fiscal Year 2025    https://www.sec.gov/newsroom/press-releases/2026-34 — 12 to K...

SOURCES:   NPR — Supreme Court upholds birthright citizenship on constitutional grounds    https://www.npr.org/2026/06/30/nx-s1-5839358/birthright-citizenship-decision-scotus-trump   CNN — Supreme Court upholds birthright citizenship    https://www.cnn.com/2026/06/30/politics/live-news/supreme-court-cases-news   NPR — July 1 marks the official opening of a program that allows federal dollars to go...

SOURCES:   ESPN — Taylor Swift makes Tight End University appearance with Travis Kelce, performs 'Love Story'    https://www.espn.com/nfl/story/_/id/49154814/taylor-swift-travis-kelce-tight-end-university-kansas-city-chiefs   Billboard — Taylor Swift's 'I Knew It, I Knew You' No. 1 on Billboard Hot 100 for Second Week    https://www.billboard.com/lists/taylor-swift-i-knew-it-i-...

SOURCES:   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-rises/   Accounting Today — Kentucky passes CPA pathway bill    https://www.accountingtoday.com/news/kentucky-passes-cpa-pathway-bill   Current Federal Tax Developments — Introductory Guidelines for...

SOURCES:   CBS News — U.N. nuclear agency chief says Iran inspections will happen, at some point    https://www.cbsnews.com/live-updates/us-iran-trump-deal-nuclear-inspections-iaea-timing-not-essential/   Fox News — Closed-door outburst turns into victory for Trump's Iran negotiations    https://www.foxnews.com/politics/closed-door-outburst-turns-victory-trumps-iran-negotiations   NPR — Congre...

SOURCES:   Variety — Taylor Swift Thanks Family, Tears Up at Songwriters Hall of Fame 2026    https://variety.com/2026/music/news/taylor-swift-songwriters-hall-of-fame-acceptance-speech-1236779180/   Billboard — Taylor Swift's 'I Knew It, I Knew You' No. 1 on Billboard Hot 100 for Second Week    https://www.billboard.com/lists/taylor-swift-i-knew-it-i-knew-you-hot-100-no-1-second-week/   US News —...

SOURCES:   Associated Press — In Taylor Swift's beach town, every clue becomes a wedding rumor    https://www.nwaonline.com/news/2026/jun/22/names-and-faces/   X (formerly Twitter) — Gracie Abrams held several sessions with Jack Antonoff for her new album #GA3    https://x.com/insider_nostra1/status/2025299879963083181   NFL.com — Travis Kelce re-signs with Chiefs for 14th season in Kansas Cit...

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/   CPA.com — Survey of 1,000 accountants finds 60% of firms now use AI-powered tax research, up from 33% in 2025    https://www.cpa.com/news   Journal of Accountancy — AICPA launches national campaign championing the CP...

SOURCES:   NBC News — Alan Greenspan, economist and longtime head of the Federal Reserve, dies at 100    https://www.nbcnews.com/news/obituaries/alan-greenspan-economist-longtime-head-federal-reserve-dies-100-rcna42286   NBC News — U.S.-Iran talks set 'good foundation' for deal to end war, Vance says    https://www.nbcnews.com/world/iran/us-iran-talks-war-vance-trump-hormuz-lebanon-switzer...

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/   CPA.com — AI-Powered Tax Research Adoption Report    https://www.cpa.com/news   Journal of Accountancy — AICPA launches national campaign championing the CPA profession    https://www.journalofaccountancy.com/news/20...

SOURCES:   CNN — Negotiations with Iran after Trump's threat disrupts talks    https://www.cnn.com/2026/06/21/world/live-news/iran-war-trump-israel-lebanon   NPR — JD Vance arrived in Switzerland for talks with Iranian officials    https://www.npr.org/sections/world/   Bureau of Labor Statistics — Consumer Price Index Summary - May 2026    https://www.bls.gov/news.release/cpi.nr0.htm   Al Jaze...

SOURCES:   Financial Times — KPMG pressed its auditor to pass on AI cost savings    https://www.irishtimes.com/business/2026/02/06/kpmg-pressed-its-auditor-to-pass-on-ai-cost-savings/   Journal of Accountancy — AICPA launches national campaign championing the CPA profession    https://www.journalofaccountancy.com/news/2026/jun/aicpa-launches-national-campaign-championing-the-cpa-profession/   PwC...

SOURCES:   CBS News — The Obama Presidential Center and Library opens in Chicago    https://www.cbsnews.com/projects/2026/obama-presidential-center/   The Obama Foundation — Opening the Obama Presidential Center    https://www.obama.org/visit/grand-opening/faq/   NPR — Tropical Storm Arthur is the first named storm of the Atlantic hurricane season    https://www.npr.org/2026/06/17/g-s1-128578/trop...

SOURCES:   Ledger Lowdown — PCAOB QC 1000 and AS 2901: December 2026 Deadline Coming Fast    https://ledgerlowdown.com/p/pcaob-standards-qc-1000-as-2901-december-deadline   TheStreet — Big Four accounting firm's bold demand is a warning about AI adoption    https://www.thestreet.com/latest-news/big-four-accounting-firms-bold-demand-is-a-warning-about-ai-adoption   CFO Dive — Will 2026 be a dec...

SOURCES:   NPR — Federal Reserve holds interest rates steady and hints at rate hike later this year    https://www.npr.org/2026/06/17/nx-s1-5860084/fed-chief-warsh-first-fomc-meeting   CBS News — Kevin Warsh set to lead his first Federal Reserve interest rate meeting    https://www.cbsnews.com/news/federal-reserve-interest-rates-kevin-warsh-june-2026/   CNN — US releases official agreement with Ir...

SOURCES:   Billboard — Taylor Swift's 'I Knew It, I Knew You' Makes No. 1 Hot 100 Debut    https://www.billboard.com/lists/taylor-swift-i-knew-it-i-knew-you-number-1-hot-100-debut/   Rolling Stone — Gracie Abrams New Album 2026: 'Daughter From Hell'    https://www.rollingstone.com/music/music-news/gracie-abrams-new-album-daughter-from-hell-1235560558/   Distractify — Taylor Swi...

SOURCES:   CBIZ — FASB Tentatively Decides to Expand Digital Asset Guidance, Including Stablecoin Cash-Equivalent Examples    https://www.cbiz.com/insights/article/fasb-tentatively-decides-to-expand-digital-asset-guidance-including-stablecoin-cash-equivalent-examples   EY — SEC top five priorities in 2026    https://www.ey.com/en_us/insights/public-policy/sec-top-priorities   RightWorks — Top Acco...

SOURCES:   NBC News — United States and Iran reach framework deal to end war and reopen the Strait of Hormuz    https://www.nbcnews.com/news/us-news/deal-reached-united-states-iran-war-rcna350039   NOTUS — 84-Year-Old Mitch McConnell Hospitalized, Spokesperson Says    https://www.notus.org/senate/84-year-old-sen-mitch-mcconnell-hospitalized   Build Fast with AI — AI News Today - June 15, 2026: 16...

SOURCES:   Texas CPA Society — AI in Accounting 2026: From Practical Automation to Strategic Advantage    https://www.tx.cpa/news-publications/todays-cpa-magazine/issues/article/march-april-2026/2026/03/05/ai-in-accounting-2026-from-practical-automation-to-strategic-advantage   Journal of Accountancy — AICPA launches national campaign championing the CPA profession    https://www.journalofaccounta...