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Galasso A&A Video Blog: Help Set the Agenda for AICPA’s Professional Ethics Executive Committee

By |2019-12-03T18:17:35-05:00December 3rd, 2019|Auditing & Accounting, Blogs, Educate, Featured, Legislative/Advocacy, Membership Page Controls, Regulatory, Technology|

The AICPA's Professional Ethics Executive Committee (PEEC) is asking for feedback on future standard setting items. They have identified potential issues and practice areas where either updated standards are needed [...]

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Here’s What SCACPA Members Are Saying About Fall Fest 2019!

By |2019-11-26T19:08:51-05:00November 26th, 2019|Blogs, Connect, Featured, Membership, Membership Page Controls, Public Relations, Why CPA|

SCACPA wants to thank everyone who made Fall Fest 2019 a success. After two days of learning, there were 437 attendees, easily making this the biggest event in Association history. [...]

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LLR 2020 License Renewal Notices are Arriving in Your Inbox

By |2019-11-26T14:03:12-05:00November 26th, 2019|Auditing & Accounting, Blogs, Business & Industry, Communicate, Featured, Governmental, Legislative/Advocacy, Membership, Membership Page Controls, Partners, Public Relations, Regulatory, Technology|

The South Carolina Association of CPAs would like to alert its members that the South Carolina Department of Labor, Licensing and Regulation has begun issuing courtesy notice email alerts [...]

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John S. Herin, CPA, Acclaimed USC Accounting Professor, has Died at Age 93

By |2019-11-26T11:21:26-05:00November 26th, 2019|Blogs, Educate, Featured, Membership, Membership Page Controls|

John Samuel Herin, CPA, M.S., the longtime University of South Carolina accounting professor who influenced generations of South Carolina CPAs, died on Sunday, Nov. 24.  He was 93. John retired [...]

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Galasso A&A Video Blog: FASB Proposal – Codification Improvements to Hedge Accounting

By |2019-11-25T14:28:23-05:00November 25th, 2019|Auditing & Accounting, Blogs, Business & Industry, Educate, Featured, Governmental, Membership Page Controls, Regulatory|

FASB has issued a proposal addressing implementation issues for its new hedge accounting rule. This technical correction addresses issues related to documentation, dual hedges and provides clarifications that forecasted transaction [...]

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SC News and Tax Roundup: SCRA and Industry Partnership Fund Find New Way to Boost Tech Investment

By |2019-11-20T16:58:00-05:00November 20th, 2019|Blogs, News Roundup|

In This Edition: SCRA and Industry Partnership Fund find new way to boost tech investment … State’s October unemployment rate was 2.6%, with York County at 2% … Remote [...]

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Galasso A&A Video Blog: GASB Survey of Financial Statement Preparers

By |2019-11-20T13:01:55-05:00November 20th, 2019|Uncategorized|

GASB is looking for preparers to answer questions in a survey about interim financial reporting. As part of pre-agenda research, GASB would like to understand current practice and if there [...]

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Congratulations to These Lucky Giveaway Winners at Fall Fest!

By |2019-11-18T18:09:53-05:00November 18th, 2019|Blogs, Connect, Featured, Membership, Membership Page Controls, Public Relations|

Fall Fest 2019 is in the books, and we were excited to see more than 450 registered attendees join us at Columbia Metropolitan Convention Center. The biggest event in [...]

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SC News and Tax Roundup: BEA Forecasts an Extra $2B Toward General Fund for State’s 2020-21 Budget

By |2019-11-13T16:35:39-05:00November 13th, 2019|Blogs, Communicate, Membership Page Controls, News Roundup|

In This Edition: The S.C. Board of Economic Advisors forecasts an extra $2B toward general fund for state’s 2020-21 budget. … The Columbia area’s COMET bus system might have [...]

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SC DOR Public Draft Answers Questions About New Job Tax Credit, Increased Credit Amounts for Tier III and IV Counties

By |2019-11-11T13:19:15-05:00November 11th, 2019|Advocate, Auditing & Accounting, Blogs, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax|

The South Carolina Department of Revenue has released a 13-page advisory opinion in connection with Act No. 83, enacted May 22, 2019, which substantially increased the job tax credit amount [...]

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SC DOR Releases Public Draft for Internal Tax Appeals Process and Procedure

By |2019-11-11T12:56:54-05:00November 11th, 2019|Advocate, Auditing & Accounting, Blogs, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax|

The South Carolina Department of Revenue has released an 18-page advisory opinion to update the Department of Revenue’s internal appeals process for tax matters. The primary change is to [...]

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Galasso A&A Video Blog: Q&A Section 8100 Generally Accepted Auditing Standards

By |2019-11-05T15:51:24-05:00November 5th, 2019|Uncategorized|

This short blog will address a new Technical Q&A that the AICPA issued regarding the proper reporting for comparative financial statements in the year of adoption of SAS 134. The [...]

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SCACPA’s Membership Engagement Committee Looks to Create Opportunities for Volunteers and Recognize Your Contributions

By |2019-11-05T14:43:06-05:00November 5th, 2019|Blogs, Connect, Featured, Membership, Membership Page Controls, Public Relations, Why CPA|

With an active membership of nearly 4,300 CPAs, the South Carolina Association of CPAs in many ways has never been stronger. With robust attendance at our two annual accounting conferences, [...]

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SC Board of Accountancy’s Q3 2019 Newsletter Looks to Future with Invitation to New CPA Oath Ceremony

By |2019-10-31T13:41:12-04:00October 31st, 2019|Blogs, Communicate, Featured, Governmental, Legislative/Advocacy, Membership, Membership Page Controls, Partners, Public Relations, Regulatory, Why CPA|

The South Carolina Board of Accountancy has released the 3rd quarter 2019 edition of its “SC BOArd News” newsletter, and you can access it here. It contains information for [...]

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SC News and Tax Roundup: IRS Warns of Scam for Social Security Number Cancellation

By |2019-11-04T16:22:49-05:00October 30th, 2019|Blogs, Communicate, News Roundup|

In This Issue: IRS warns of telemarketing scam that threatens cancellation of social security numbers. … Employee’s compromised login credentials left online personal records of 19,000 Midlands hospitals patients [...]

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SCACPA Governmental Affairs Committee Monitors BOA Proposals in State Register for Fees, Regulations for Electronic Records

By |2019-10-30T14:00:43-04:00October 30th, 2019|Advocate, Blogs, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Public Relations, Regulatory|

The Legislative Council of The South Carolina General Assembly published the latest updates to The South Carolina State Register (Vol. 43, Issue 10) on Oct. 25. SCACPA commends all [...]

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