The Ledger, Edition No. 154 for Thursday, September 10, 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/  PCAOB — PCAOB Posts Discussion Materials From Summer 2026 Meetings of the Inspections Modernization Council  https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-announces-members-of-the-inspections-modernization-council  Greenberg Traurig — SEC Creates Financial Reporting and Accounting Unit in Enforcement Division  https://www.gtlaw.com/en/insights/2026/8/sec-creates-financial-reporting-and-accounting-unit-in-enforcement-division  CFO Brew — RIP, 150-hour rule  https://www.cfobrew.com/stories/rip-150-hour-rule  UWorld / Efficient Learning — 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  https://www.bauer.uh.edu/departments/accy/undergraduate/  Journal of Accounting Research — Profit Persistence in the U.S. Audit Market  https://onlinelibrary.wiley.com/doi/10.1111/1475-679X.70029  IRS — IR-2026-108  https://www.irs.gov/newsroom  SEC — SEC Proposes Rescission of Climate-Related Disclosure Rules  https://www.sec.gov/newsroom/press-releases/2026-49-sec-proposes-rescission-climate-related-disclosure-rules  ACCWire — Accounting Firms Using AI in 2026: Tools and Examples  https://www.accwire.com/accounting-firms-ai-2026/  ABC News — 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