Genuine Learning Blog: OMB Issues 2022 Compliance Supplement

| ,

OMB has issued its 2022 Compliance Supplement. While originally promised in April of 2022, OMB issued it on May 12th which is much better than the previous years that were issued in August. The Compliance Supplement includes new ARPA programs that were not addressed in the 2021 Supplement so this can be very helpful to auditors wrapping up some outstanding 2021 audits. The Supplement should be used for 6/30/22 year ends and beyond.

https://www.whitehouse.gov/wp-content/uploads/2022/05/2022-Compliance-Supplement_PDF_Rev_05.11.22.pdf

Will you receive or perform a Single Audit in 2022?

SCACPA is excited to partner with Galasso Learning Solutions and the Genuine Learning Blog for real-time A&A updates and answers for SCACPA members. Melisa is a speaker on audit topics at SCACPA’s annual Spring Splash and Fall Fest conferences. She also takes part in many SCACPA seminars and rebroadcasts.

With over 15 years of experience in the accounting profession, Melisa Galasso designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. She closely monitors regulatory bodies for changes in auditing and accounting guidance and serves as a subject matter expert in implementing the updated guidance.

S.176 Passed! What Does That Mean?

During the first half of the 2025-26 legislative session, SCACPA championed Senate Bill 176 to update Title 40 Chapter 2. This legislation strengthens the profession, enhances public trust, and keeps ...
READ MORE

Career Opportunity – Director of Self-Insurance: South Carolina Workers’ Compensation Commission

Job Responsibilities As part of the South Carolina Workers’ Compensation Commission’s mission to provide an equitable and timely system of benefits to injured workers and employers in the most responsive, ...
READ MORE

Genuine Learning Blog: Private Equity & the Profession: PEEC’s Proposed Independence Guidance

The AICPA's Professional Ethics Executive Committee (PEEC) has issued a discussion memorandum to gather feedback on alternative practice structures, including ...
READ MORE