Genuine Learning Blog: 2023 Trends Report
The AICPA issued their 2023 Trends report which provides data on trends related to supply and demand for accounting students as well as trends related [...]
Genuine Learning Blog: 2023 Year In Review
2023 is in the record books. This blog will review the standards that were issued by the FASB, AICPA and GASB throughout the year. This [...]
Accountable Podcast: NEXT Practices — Not BEST Practices with Karl Ahlrichs
When it comes to unclogging the CPA pipeline, Karl Ahlrichs (an HR professional and thought leader who's also bilingual in accounting) doesn't believe you should emulate tried-and-true best practices. [...]
Genuine Learning Blog: ASU 2023-09
In response to the requests of investors for more disaggregation, the FASB has issued ASU 2023-09, Improvements to Income Tax Disclosures. The ASU will require [...]
Genuine Learning Blog: AICPA ED on Stablecoin
The AICPA's Assurance Services Executive Committee (ASEC) recently issued an exposure draft to provide a framework for stablecoin issuers to present information about stablecoins and [...]
Genuine Learning Blog: ASU 2023-08
On December 13th, the FASB issued ASU 2023-08 to improve the accounting for and disclosure of certain crypto assets. This new standard responds to feedback [...]
Genuine Learning Blog – GAO Report: COVID19 Fraud Schemes
Building on last week's blog, this week's looks at another COVID-19 report issued by GAO which looks at the common fraud schemes found. The report, [...]
Accountable Podcast – Public Speaking: From Oration to Ovation with Eileen Smith
Studies have shown that most people fear public speaking more than death. As Jerry Seinfeld once put it, “…that means the average person at a funeral would rather be [...]
Genuine Learning Blog: ASU 2023-07
In November 2023, FASB issued ASU 2023-07, Improvements to Reportable Segment Disclosures, which requires public companies to provide additional disclosures about their segments which were [...]
Accountable Podcast: How to Cure Your Cyber Insecurity with Clar Rosso
Unfortunately, it's not a question of whether cyber criminals will impact our lives but when. Are you and those you serve prepared? As CEO of ISC2, the world's leading membership association [...]
Genuine Learning Blog: GAO COVID Report
GAO has issued two COVID fraud related reports. This week's blog looks at the first one which focuses on some of the insights and lessons [...]
Genuine Learning Blog: Proposed Peer Review Standards Update No. 2
The AICPA is proposing changes to the peer review standards. This update includes proposed changes for quality management with effective dates that would tie to [...]
Accountable Podcast: Forging a Brighter Professional Future with Donny Shimamoto, CPA, CITP, CGMA
The forecast is in: Be on the lookout for doom 'n' gloom. At least, that's how the media are painting the future -- as a bleak world, upended by [...]
Genuine Learning Blog: Updated Statements on Standards for Tax Services
While we often think of accounting and auditing when we think standards, tax professionals are also subject to standards which are changing effective January 1, [...]
Accountable Podcast: Leadership and Workplace Culture with Joey Havens, CPA
Tune into the latest Accountable podcast with guest, presenter, teacher, facilitator, partner and author, Joey Havens, CPA. Listen while Dave and Joey discuss the tremendous opportunity that comes with exponential [...]
Genuine Learning Blog – ITC: International Non-Profit Accounting Guidance Part 2
This blog will cover the second phase of the International Non-Profit Accounting Guidance by looking at Exposure Draft 2 and its proposed guidance for nonprofits. [...]
Accountable Podcast: The Economics of Burnout with Dr. Holly A. Sullenger
Did you know 77% of employees reported burnout at least once in their current job and 68% of staff cited lack of a good work/life balance as significantly impacting [...]
Genuine Learning Blog: 2023 National Management of an Accounting Practice (MAP) Survey
The AICPA has released their 2023 National Management of an Accounting Practice (MAP) Survey Executive Summary. This summary can help firms benchmark themselves against the [...]
Genuine Learning Blog: Disclosure and Classification of Certain Capital Assets
The GASB recently proposed to separate out disclosures of various types of assets to help users understand the types of assets. Due to the creation [...]
Accountable Podcast: Building a Business with Balance and Bliss with Amy Vetter, CPA, CITP
Accounting and finance professionals are notorious for burning the candle at both ends. In fact, is finding balance between work and life even possible? "It is," says Amy Vetter, [...]
Genuine Learning Blog: Proposed SSAE to Conform with Quality Management
The AICPA's Auditing Standards Board has issued a proposed SSAE to conform the attestation standards with the new quality management suite. Comments are due December [...]
Genuine Learning Blog: ASU 2023-05
The FASB has issued ASU 2023-05, Business Combinations—Joint Venture Formations (Subtopic 805-60) Recognition and Initial Measurement, to address diversity in practice with respect to the [...]
Genuine Learning Blog: OMB Proposes Changes to the Uniform Guidance
On October 5th, the Office of Management and Budget proposed changes to the Uniform Guidance. One of the most noteworthy changes is a proposal to [...]
Genuine Learning Blog: Q3 2023 in Review
This blog will review the accounting, auditing and ethics standards issued or proposed during the 3rd quarter of 2023. We'll also review some resources that [...]
Genuine Learning Blog: FASB’s Investor Outreach Report – 2022-2023
Last month the FASB issued their investor outreach report which outlines the outreach performed by the FASB to get feedback from investors as part of [...]
Genuine Learning Blog: Revisions to OMB Guidance for Grants and Agreements
OMB has updated regulations with respect to the domestic preferences provisions in the Build America, Buy America Act of the Infrastructure Investment and Jobs Act. [...]
Genuine Learning Blog: Concept Stmt: Chapter 5, Recognition and Derecognition
In August, the FASB issued Chapter 5 of the Conceptual Framework, Recognition and Derecognition. The chapter addresses the criteria that would be used to determine [...]
Genuine Learning Blog: Concept Stmt: Chapter 2, The Reporting Entity
The FASB has issued a new Concept Statement around the Reporting Entity. While concept statements are not authoritative GAAP they are the theory that underlies [...]
Accountable Podcast: Inclusive Hiring, It Starts With Us with Kat Kibben
According to a recent IMA and CalCPA study, one-in-five LGBTQ+ respondents in the US report they have left the accounting profession due to a lack of DEI, mainly due to [...]
Accountable Podcast: Setting Meaningful Goals with Jennifer Elder
We are back with more Accountable! In this episode, we are talking with Jennifer Elder about goal setting - what gets in our way, what we can do better, [...]