The Ledger, Edition No. 155 for Friday, September 11, 2026

  Journal of Accountancy — FASB updates investment company fair value reporting standard  https://www.journalofaccountancy.com/news/2026/sep/fasb-updates-investment-company-fair-value-reporting-standard/  PCAOB — PCAOB Posts Six New Inspection Reports  https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-posts-six-new-inspection-reports-august-2026  Quarles & Brady — SEC Establishes New Accounting Fraud Unit: What Public Companies, Auditors, and Executives Need to Know  https://www.quarles.com/newsroom/publications/sec-establishes-new-accounting-fraud-unit-what-public-companies-auditors-and-executives-need-to-know  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  https://www.bauer.uh.edu/departments/accy/undergraduate/  SSRN — Do Auditors Understand the Implications of ESG Issues for Their Audits? Evidence From Financially Material Negative ESG Incidents  https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4549088  Current Federal Tax Developments — Rev. Proc. 2026-32  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  Journal of Accountancy — How AI is transforming the audit — and what it means for CPAs  https://www.journalofaccountancy.com/issues/2026/feb/how-ai-is-transforming-the-audit-and-what-it-means-for-cpas/  People Matters — 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  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