12 to KNOW

SOURCES:   Charles Schwab — Producer Price Index data is surging at the fastest rate in nearly four years    https://www.schwab.com/learn/story/stock-market-update-open   CBS News — Jake Lang, a far-right influencer who was charged in connection with the Jan. 6, 2021, Capitol insurrection, was arrested in Dallas    https://www.cbsnews.com/us/   CBS News — See the full U.S. men's soccer schedul...

SOURCES:   NBA.com — Taylor Swift attends 2026 NBA Finals Game 4 at Madison Square Garden    https://www.nba.com/news/taylor-swift-attends-2026-nba-finals-game-4-at-madison-square-garden   Geo.tv — Blake Lively unwilling to forgive Gigi Hadid, Selena Gomez: Source    https://www.geo.tv/latest/611582-blake-lively-felt-betrayed-when-gigi-hadid-selena-gomez-sided-with-taylor-swift-report   HITC — Tra...

SOURCES:   IFRS Foundation — changesinthisedition – 2026 Required IFRS Standards    https://www.ifrs.org/content/dam/ifrs/shop/bb2026-changesinthisedition.pdf   CPA Practice Advisor — SEC and PCAOB Enforcement Plummets    https://www.cpapracticeadvisor.com/2026/03/04/sec-and-pcaob-enforcement-plummets/179232/   Journal of Accountancy — How AI is transforming the audit — and what it means for CPAs...

SOURCES:   Fox News — Trump locks in ICE funding through end of presidency after House passes $70B package    https://www.foxnews.com/politics/trump-locks-ice-funding-through-end-presidency-after-house-passes-70b-package   Fox News — Judge blocks Alabama's nitrogen gas execution method, rules it is unconstitutionally cruel    https://www.foxnews.com/us/judge-blocks-alabamas-nitrogen-gas-execut...

SOURCES:   IFRS — Statement of cash flows and related matters Project update    https://www.ifrs.org/content/dam/ifrs/meetings/2026/june/fasb-iasb-education-meeting/ap20-scf-project-update.pdf   Secretariat — The Evolving SEC Enforcement Landscape: Trends for 2026    https://secretariat-intl.com/insights/the-evolving-sec-enforcement-landscape-trends-for-2026/   PYMNTS — Ramp Courts $150 Billion Ac...

SOURCES:   Fox News — Trump locks in ICE funding through end of presidency after House passes $70B package    https://www.foxnews.com/politics/trump-locks-ice-funding-through-end-presidency-after-house-passes-70b-package   U.S. News — Democrat Xavier Becerra and Republican Steve Hilton Will Face off in California Governor's Race    https://www.usnews.com/   CBS News — Himes says Pulte in intel...

SOURCES:   The CAQ — Public Policy and Technical Alert | December 2025 | The CAQ    https://www.thecaq.org/public-policy-and-technical-alert-december-2025   Bloomberg Tax — Accounting Industry Forecasts Bright Future With AI Adoption    https://news.bloombergtax.com/financial-accounting/accounting-industry-forecasts-bright-future-with-ai-adoption   PYMNTS.com — Ramp Courts $150 Billion Accounting...

SOURCES:   NPR — Federal judge strikes down Trump H-1B visa fee    https://www.npr.org/sections/news/   Yahoo Finance — Apple CEO Tim Cook's final WWDC keynote    https://finance.yahoo.com/   NPR — Toledo street festival shooting leaves 12 wounded    https://www.npr.org/sections/national/   CNN — Iran threatens to defeat US naval blockade    https://www.cnn.com/2026/06/07/world/live-news/iran-...

SOURCES:   Variety — Taylor Swift Reveals Original Song for 'Toy Story 5': 'I Knew It, I Knew You' — a 'Return to Country'    https://variety.com/2026/music/news/taylor-swift-toy-story-5-announces-1236764185/   SheKnows — Taylor Swift May Be Why Blake Lively Missed Selena Gomez's Party    https://www.sheknows.com/entertainment/articles/1234906220/blake-lively-selena-gom...

SOURCES:   The CAQ — Public Policy and Technical Alert | December 2025    https://www.thecaq.org/public-policy-and-technical-alert-december-2025   CFO Dive — Will 2026 be a decisive or disruptive year for CPA pathways?    https://www.cfodive.com/news/2026-decisive-disruptive-year-cpa-pathways-accounting/809877/   Accounting Today — A big year for AI in accounting    https://www.accountingtoday.com...

SOURCES:   Build Fast With AI — AI News Today - June 8, 2026: 16 Biggest Stories    https://www.buildfastwithai.com/blogs/ai-news-today-june-8-2026   Fox News — Trump storms off 'Meet the Press' interview, rips Welker, ABC, CBS, CNN as 'crooked'    https://www.foxnews.com/media/trump-storms-off-meet-press-interview-rips-welker-abc-cbs-cnn-crooked   NPR — Gunfire erupted Saturday ne...

SOURCES:   The CAQ — Public Policy and Technical Alert | December 2025    https://www.thecaq.org/public-policy-and-technical-alert-december-2025   The CAQ — Public Policy and Technical Alert | April 2026    https://www.thecaq.org/public-policy-and-technical-alert-april-2026   Accounting Today — AICPA and NASBA name Elijah Watt Sells Award winners    https://www.accountingtoday.com/news/aicpa-and-n...

SOURCES:   NPR — A second federal agency advanced Trump's arch proposal    https://www.npr.org/sections/national/   NBC News — May jobs report expected to show growth in an economy squeezed by inflation    https://www.nbcnews.com/business/economy/may-jobs-report-inflation-rcna348020   Trading Economics — United States Stock Market Index - Quote - Chart - Historical Data    https://tradingecono...

SOURCES:   The CAQ — Public Policy and Technical Alert | December 2025 | The CAQ    https://www.thecaq.org/public-policy-and-technical-alert-december-2025   SEC.gov — SEC's Division of Enforcement Announces Updates to Enforcement Manual    https://www.sec.gov/newsroom/press-releases/2026-20-secs-division-enforcement-announces-updates-enforcement-manual   DualEntry — AI in Accounting: The Compl...

SOURCES:   Just The News — Bar complaint targets Biden DOJ prosecutor's license for 'illegal conduct' in weaponization report    https://justthenews.com/accountability/watchdogs/bar-complaint-targets-biden-doj-prosecutors-license-illegal-conduct   NPR — Justice Department says Biden DOJ weaponized law to go after anti-abortion activists    https://www.npr.org/2026/04/14/g-s1-117430/doj...

SOURCES:   CPA Practice Advisor — AICPA and CIMA Unveil AI Accelerator Skills Program    https://www.cpapracticeadvisor.com/2026/04/29/aicpa-and-cima-unveil-ai-accelerator-skills-program/182429/   The CAQ — Public Policy and Technical Alert | December 2025    https://www.thecaq.org/public-policy-and-technical-alert-december-2025   Cleary Gottlieb — The Shifting SEC Enforcement Landscape: 2025 Year...

SOURCES:   ABC7 Los Angeles — Katie Porter concedes in CA governor's race    https://abc7.com/live-updates/california-primary-election-2026-voters-decide-key-races-governor-los-angeles-mayor-congressional-districts/19213908/entry/19224491/   Washington Post — Trump's pick for Iowa governor concedes GOP primary in upset    https://www.washingtonpost.com/politics/2026/06/03/trumps-pick-iowa-...

SOURCES:   Center for Audit Quality — Public Policy and Technical Alert | December 2025 | The CAQ    https://www.thecaq.org/public-policy-and-technical-alert-december-2025   Accounting Today — Kentucky passes CPA pathway bill    https://www.accountingtoday.com/news/kentucky-passes-cpa-pathway-bill   Accounting Today — A big year for AI in accounting    https://www.accountingtoday.com/news/a-big-ye...

SOURCES:   CNBC — Trump says Iran talks continuing after regime threatens other fronts in war    https://www.cnbc.com/2026/05/31/stock-market-today-live-updates.html   NPR — Trump insists talks continue after Iran suspended negotiations    https://www.npr.org/sections/world/   NPR — AI giant Anthropic prepares to sell stock to the public; files preliminary IPO paperwork    https://www.npr.org/2026...

SOURCES:   IFRS Foundation — Statement of cash flows and related matters - Project update    https://www.ifrs.org/content/dam/ifrs/meetings/2026/june/fasb-iasb-education-meeting/ap20-scf-project-update.pdf   Cleary Gottlieb — The Shifting SEC Enforcement Landscape: 2025 Year-in-Review    https://www.clearygottlieb.com/news-and-insights/publication-listing/the-shifting-sec-enforcement-landscape-202...

SOURCES:   CBS News — Trump recently edited possible U.S.-Iran agreement    https://www.cbsnews.com/live-updates/iran-war-us-trump-vance-ceasefire-strait-of-hormuz-deal-close/   U.S. Treasury — Economic Policy Statements to TBAC: 2026 - 2nd Quarter    https://home.treasury.gov/news/press-releases/sb0486   CBS News — Google employee arrested for Polymarket insider trading    https://www.cbsnews.com...

SOURCES:   The CAQ — Public Policy and Technical Alert | December 2025 | The CAQ    https://www.thecaq.org/public-policy-and-technical-alert-december-2025   Cleary Gottlieb — The Shifting SEC Enforcement Landscape: 2025 Year-in-Review    https://www.clearygottlieb.com/news-and-insights/publication-listing/the-shifting-sec-enforcement-landscape-2025-year-in-review   TheStreet — Big Four accounting...

SOURCES:   NPR — Trump Cabinet meeting comes amid Iran deal criticism    https://www.npr.org/sections/world/   NPR — California chemical tank emergency forces evacuations    https://www.npr.org/sections/national/   CBS News — GKN Aerospace tank threatens thousands    https://www.cbsnews.com/us/   FreeJobAlert — Early European heatwave breaks records    https://www.freejobalert.com/articles/daily-c...

SOURCES:   CAQ Technical Alert — Public Policy and Technical Alert | December 2025    https://www.thecaq.org/public-policy-and-technical-alert-december-2025   AML Intelligence — SEC enforcement actions fall to 16-year low in first half of 2026    https://www.amlintelligence.com/2026/05/news-sec-enforcement-actions-fall-to-16-year-low-in-first-half-of-2026/   TheStreet — Big Four firm cuts 100s of...

SOURCES:   PBS NewsHour — Trump administration wants all federal employees to sign NDAs    https://www.pbs.org/newshour/politics   Treasury Department — Economic Policy Statements to TBAC: 2026 - 2nd Quarter    https://home.treasury.gov/news/press-releases/sb0486   Bureau of Labor Statistics — CPI for all items rises 0.6% in April    https://www.bls.gov/cpi/   Reuters — Iran sends US negotiation p...