View from the Dome: McMaster Vetoes State Budget Items Totaling $40.7M
View from the Dome – May 31, 2019 By Copper Dome Strategies, LLC Although the General Assembly has adjourned for the year (see the May 24 edition of View from [...]
Melisa Galasso A&A Blog: Simplifying the Accounting for Income Taxes
Proposed Accounting Standards Update – Income Taxes (740): Simplifying the Accounting for Income Taxes https://www.youtube.com/watch?v=_c1nWiM4iuM&list=PLBdVSCKuftJi5iumCKAwHFi0HDcpOBDmj&index=3 As part of its Simplification Initiative, FASB has issued an Exposure Draft proposing changes to ASC [...]
SCACPA Members: Your Input Matters on Career Roadblocks
We are asking that CPAs please take a moment to complete this anonymous and confidential academic research survey that advances the understanding about the career roadblocks that accounting professionals [...]
Student Scholarship Deadline Extended to June 15
Who doesn’t want FREE MONEY for school? Are you an accounting student who could use scholarship money? Or do you know someone who is? SCACPA has ample opportunities for [...]
Student Profile: Alanna Hill
Name: Alanna Hill Hometown: Wilmington, DE School: Coastal Carolina University Major: Accounting Projected Graduation Date: Fall 2019 SCACPA caught up with Coastal Carolina SCACPA student member Alanna Hill to see what inspired her to [...]
Past SCACPA President Ross Delivers Keynote Address at BOA’s CPA Oath Ceremony
The South Carolina Association of CPAs would like to congratulate its eight members who took part in the South Carolina Board of Accountancy’s CPA Oath Ceremony on the evening of May 23, 2019: Abbie Bernard, CPA; Kiamesha [...]
View from the Dome: General Assembly’s Extra Days Resolve Differences on State Budget, Carolina Panthers HQ Tax Incentives
View from the Dome – May 24, 2019 By Copper Dome Strategies, LLC The General Assembly returned to Columbia this past Monday and Tuesday to complete unfinished business, including passage [...]
SCACPA Really Made a Splash in Charleston!
More than 230 CPAs gathered in Charleston last week for SCACPA’s largest-ever spring conference. Participants at this Spring Splash 2019 were able to network with peers from across the state and beyond; see [...]
SCACPA Delegation Visits Lawmakers in DC to Discuss Disaster Relief and Other CPA Advocacy Issues
SCACPA representatives visited South Carolina lawmakers in Washington, D.C., on Monday and Tuesday to discuss the accounting profession’s advocacy agenda. Incoming SCACPA Board Chair Zoe Davis, CPA, outgoing Board Chair Dr. Clarence Coleman, CPA, and [...]
SCACPA Spring Splash Accounting Movie Quiz: Robert De Niro and Charles Grodin’s 1988 Buddy Comedy Road Trip ‘Midnight Run’
SCACPA SPRING SPLASH ACCOUNTING CONFERENCE 2019 MOVIE TRIVIA CONTEST Here is the fun movie trivia contest about the 1988 buddy road trip comedy "Midnight Run" that we wrote for members at SCACPA’s Spring Splash [...]
Students: Now’s the Time to Renew Your Membership!
SCACPA loves our student members. You are the next generation of South Carolina CPAs. As such, SCACPA wants to stay in touch with you to help you continue to [...]
Missed Spring Splash? Get Ready for Fall Fest!
If you didn’t get the opportunity to attend Spring Splash in Charleston this year, chances are you have seen some of the fun you missed out on at the [...]
View from the Dome: Legislation on Board of Accountancy Takes Effect Immediately
View from the Dome – May 17, 2019 By Copper Dome Strategies, LLC Although the General Assembly adjourned Sine Die on May 9, a Joint Resolution to allow work to continue past [...]
Governor Signs Bill that Amends BOA Laws for Reciprocity, Open Hearings
Final approval for a bill that amends some key operating procedures for the South Carolina Board of Accountancy was given by the Senate on Thursday, May 9, the final day of the 2019 legislative [...]
Melisa Galasso Auditing Blog: Proposed Accounting Standards Codification in Response to SEC Simplification Initiative
https://www.youtube.com/watch?v=myeE5SNt5qk FASB has issued an Exposure Draft for Disclosure Improvements on Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative. The proposed amendments are intended to clarify or improve [...]
Week May 13-17
Important Announcement: SCACPA Staff will be out of the office on Thursday, May 16, and Friday, May 17, for our Spring Splash conference! We will return to normal office [...]
View from the Dome: Legislative Session Ends, But General Assembly Will Return for Unfinished Business on State Budget
View from the Dome – May 10, 2019 By Copper Dome Strategies, LLC The General Assembly adjourned Sine Die on Thursday, May 9, at 5 p.m. after a flurry of last-week-of-session activities in both chambers, including passing legislation [...]
Melisa Galasso Auditing Blog: Definition of Direct Care of Collection Items
https://www.youtube.com/watch?v=NKVUS0CLVfM In March 2019, the FASB issued an Accounting Standards Update (ASU) changing the definition of a collection to allow proceeds of a sale of a collection item to be used [...]
Pair of New Auditing Standards are Issued with SAS Nos. 134 and 135
The AICPA’s Auditing Standards Board issued a pair of new auditing standards on Wednesday, May 8: SAS No. 134: Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements SAS [...]
SCACPA Partner Wins Prestigious Rising Star Award
SCACPA partner Melisa Galasso received the Charlotte Chapter of the National Association of Women Business Owners’ Rising Star of the Year Award on Tuesday, May 7, in Charlotte, North Carolina. The NAWBO award [...]