The Ledger, Edition No. 137 for Monday, August 24, 2026 is attached.

SOURCES (ready to paste into show notes):  KPMG — FASB issues proposed ASU on cash equivalents  https://kpmg.com/us/en/frv/reference-library/2026/fasb-issues-proposed-asu-cash-equivalents.html  Thomson Reuters Tax & Accounting — Big Four firms show significant improvement in PCAOB audit inspection results for 2025  https://tax.thomsonreuters.com/news/big-four-firms-show-significant-improvement-in-pcaob-audit-inspection-results-for-2025/  Foley & Lardner — SEC Launches New Accounting Fraud Specialty Unit  https://www.foley.com/insights/publications/2026/08/sec-launches-new-accounting-fraud-specialty-unit/  NASBA — NASBA Licensing  https://nasba.org/licensure/nasbalicensing/  Gleim Exam Prep — CPA Exam Pass Rates  https://www.gleim.com/cpa-review/exam-pass-rates/  Intuit Blog — New Accounting Futures Program  https://www.intuit.com/blog/social-responsibility/job-readiness/accounting-futures-program/  Yale School of Management — Prof. John Barrios Honored for 'Research Impacting Societal Challenges'  https://som.yale.edu/story/2025/prof-john-barrios-honored-research-impacting-societal-challenges  Current Federal Tax Developments — Current Federal Tax Developments (August 2026 updates)  https://www.currentfederaltaxdevelopments.com/  K&L Gates — SEC Proposes to Rescind Climate Disclosure Rules  https://www.klgates.com/thought-leadership/SEC-Proposes-to-Rescind-Climate-Disclosure-Rules-7-7-2026  Accounting Today — Firms, accountants divided on AI but perhaps not for long  https://www.accountingtoday.com/news/firms-accountants-divided-on-ai-but-perhaps-not-for-long  PeopleMatters — Layoffs reach PwC as Big Four firms continue audit workforce reset  https://www.peoplematters.in/news/strategic-hr/layoffs-reach-pwc-as-big-four-firms-continue-audit-workforce-reset-50778  Grant Thornton — IFRS Alerts  https://www.grantthornton.global/en/insights/articles/ifrs-alerts/— 12 to KNOW Automation