Genuine Learning Blog – 2024 CPA Exam Blueprints
The AICPA has issued the final blueprints for the new CPA exam which will launch in 2024. Based on the comments received in the exposure draft phase, the AICPA [...]
Genuine Learning Blog- New Ethics Interpretation: Compliance Audits
The AICPA's Professional Ethics Executive Committee (PEEC) has issued a new ethics interpretation around Compliance Audits. The interpretation adds two new definitions and revises a third definition. In addition, [...]
SCACPA Board response to the AICPA DRAFT 8-POINT PLAN
At the beginning of 2023, the AICPA released a draft of an 8-point plan to address the challenges facing the CPA Pipeline. The SCACPA Board of Directors reviewed this plan [...]
Genuine Learning Blog: FAF Strategic Plan
The FAF has released its strategic plan which includes the mission, vision and values of the FAF which is the parent entity to the FASB and GASB. The plan [...]
Engagement Alternatives to Single Audits for For-Profit Entities Receiving Provider Relief Funds – Further Reading
Further Reading AU-C 805, Special Considerations—Audits of Single Financial Statements and Specific Elements, Accounts, or Items of a Financial Statement Governmental Audits of Single Financial Statements or Elements, [...]
Genuine Learning Blog: 2022 in Review
We kick off 2023 with a look at the final standards that were issued by the FASB, GASB and AICPA throughout 2022. We'll give an executive overview of what [...]
Genuine Learning Blog: ASU 2022-05 & 06
In December 2022, the FASB issued two Accounting Standard Updates that make changes to previously issued standards. ASU 2022-05 updates the transition guidance for ASU 2018-12 impacting long duration [...]
Accountable: Virtual Currency with Jerry Comizio
This week on Accountable, Virtual Currency Are you curious about the origins of Virtual Currency or maybe concerned about how it's doing lately? In this episode of Accountable, Jerry [...]