Don't let Annual Reporting steal all the spotlight! Interim Reporting matters too! The FASB has proposed updates to Interim Reporting (Topic 270) to improve clarity and ensure [...]
The House Ways and Means Committee adopted its version of the state budget. School choice, energy generation, government restructuring and tort reform were also debated this week in committee. [...]
On December 16, 2024 the AICPA's Professional Ethics Executive Committee (PEEC) issued proposed revisions related to simultaneous employment or association with an attest client. Key changes from [...]
The School of Accounting in the Darla Moore School of Business at the University of South Carolina is seeking an accounting lecturer beginning August 16, 2025. Teaching loads are [...]
The School of Accounting in the Darla Moore School of Business at the University of South Carolina is seeking to fill a clinical professor position at the assistant or [...]
Author: Corpag This article originally appeared in the Fall 2024 issue of the South Carolina CPA Report Let’s talk about Beneficial Ownership Information (BOI) Reporting—a crucial step [...]
Author: Liz Peuster, CAE This article originally appeared in the Fall 2024 issue of the South Carolina CPA Report As CPAs embrace AI to streamline workflows, one truth [...]
Author: David R. Peters, CPA, CFP, CLU, CPCU This article originally appeared in the Fall 2024 issue of the South Carolina CPA Report Building on the Foundation As we [...]
State economists met and increased the budget estimate for next year due to our growing economy. The House passed its first major legislative priority dealing with energy generation. Numerous [...]
The FASB has proposed new accounting guidance for business entities who receive government grants. ASU 2018-08 explicitly excludes transfers of assets from government entities to business entities [...]
On Wednesday, February 12, SCACPA members gathered in Columbia for the second annual Love Our Legislators Day. This impactful event strengthened connections between CPAs and their elected officials. This [...]
Author: Jaclyn Veno, CPA This article originally appeared in the Fall 2024 issue of the South Carolina CPA Report The AICPA’s National Pipeline Advisory Group (NPAG) initially began work [...]
The General Assembly met in a Joint Session this week for the election of judges. Numerous subcommittees and committees met to advance bills, including several major priorities of school [...]
South Carolina CPAs, take note: The IRS has confirmed a systemic input issue that caused erroneous late filing penalty notices for taxpayers in disaster-affected areas. We have learned some [...]
📢 GASB Exposure Draft on Subsequent Events: Public Comments Welcome! 📢 The Governmental Accounting Standards Board (GASB) has released a new Exposure Draft on Subsequent Events, aiming to enhance [...]
