The Ledger, Edition No. 153 for Wednesday, September 9, 2026

 Journal of Accountancy — FASB proposes several incremental improvements to GAAP  https://www.journalofaccountancy.com/news/2026/sep/fasb-proposes-several-incremental-improvements-to-gaap/  CLS Blue Sky Blog — Are the Big Four Auditors' PCAOB Inspection Results Too Good to Be True?  http://clsbluesky.law.columbia.edu/2026/09/09/are-the-big-four-auditors-pcaob-inspection-results-too-good-to-be-true/  O'Melveny — SEC Launches Unit Focused on Disclosure and Accounting Fraud  https://www.omm.com/insights/alerts-publications/sec-launches-unit-focused-on-disclosure-and-accounting-fraud/  CFO Brew — RIP, 150-hour rule  https://www.cfobrew.com/stories/rip-150-hour-rule  UWorld — CPA Exam Pass Rates – Updated with Q1 2026 Results  https://accounting.uworld.com/cpa-review/cpa-exam/pass-rates/  University of Houston Bauer College — Undergraduate Programs - Accounting | Bauer College at UH  https://www.bauer.uh.edu/departments/accy/undergraduate/  The Accounting Review / ResearchGate — The Accounting Review, August 2026 issue  https://www.researchgate.net/journal/The-Accounting-Review-1558-7967  Current Federal Tax Developments — Rev. Proc. 2026-32, September 4, 2026  https://www.currentfederaltaxdevelopments.com/  EcoVadis / Foley Hoag — SEC Climate Disclosure Rule: Current Status and What to Know in 2026  https://ecovadis.com/regulations/sec-climate-risk-disclosure-rule/  The CPA Journal — Evaluating the Use of AI in Financial Statement Audits  https://www.cpajournal.com/2026/09/02/evaluating-the-use-of-ai-in-financial-statement-audits/  ABC News Australia — KPMG to cut almost 400 jobs from Australian arm as it loses contracts after audit leaks scandal  https://www.abc.net.au/news/2026-08-24/kpmg-restructure-job-cuts-after-whistleblower-audit-leak-scandal/107070260  IFRS Foundation — IASB issues IFRS 20 to improve financial reporting for companies subject to rate regulation  https://www.ifrs.org/news-and-events/news/2026/05/iasb-issues-ifrs-20/— 12 to KNOW Automation