Internal Revenue Code (IRC): Federal tax law that establishes requirements for tax reporting, compliance, and procedures that accountants must follow when providing tax-related services

Sarbanes-Oxley Act 2002: Federal law that sets requirements for public company financial reporting, internal controls, and auditor independence

Securities Exchange Act 1934: Federal law governing securities markets and financial reporting requirements for publicly traded companies

Bank Secrecy Act: Federal law requiring financial institutions and accountants to assist government agencies in detecting and preventing money laundering

State Accountancy Laws: State-specific regulations governing the practice of accounting, including licensing requirements and professional conduct standards

GAAP Standards: Generally Accepted Accounting Principles that set the standard framework for financial accounting and reporting in the US

AICPA Standards: Professional standards set by the American Institute of Certified Public Accountants for accounting practices and ethics

PCAOB Standards: Standards set by the Public Company Accounting Oversight Board for auditing public companies

Gramm-Leach-Bliley Act: Federal law requiring financial institutions to explain their information-sharing practices and protect sensitive client data

State Data Protection Laws: State-specific regulations governing the handling, storage, and protection of client financial and personal data

Professional Liability Laws: State-specific laws governing accountant liability and requirements for professional liability insurance

State Contract Laws: State-specific laws governing the formation, enforcement, and interpretation of contracts

Uniform Commercial Code: Standardized set of business laws regulating financial contracts and transactions across all states

Fair Labor Standards Act: Federal law establishing standards for employment relationships, which may apply to accounting staff and contractors

Anti-Money Laundering Regulations: Federal regulations requiring accountants to implement procedures to prevent and detect money laundering activities