Genuine Learning Blog: OMB Updates Compliance Requirements
OMB has updated the 2021 Compliance Supplement for two programs - Provider Relief Funds and Coronavirus State and Local Fiscal Recovery Funds. DHHS can removed the special test & [...]
Genuine Learning Blog: Exposure Draft: AU-C 600 & Group Audits
The AICPA has proposed significant changes to AU-C 600 and the requirements of a group audit. Some changes are definitional, but the new standard also includes a more risk-based [...]
From SCDOR: What to Do If Your Client Can’t Afford to Pay Their Taxes
Submitted by the South Carolina Department of Revenue If your clients have a tax bill and are worried they can't pay, the SCDOR wants them to know they have [...]
Genuine Learning Blog: Executive Order on Digital Assets
On March 9th, President Biden issued an executive order encouraging the federal government to research and respond to the use of digital assets including cryptocurrency. It goes so far [...]