Dues Renewal Season is Here, And These Are Reminders About Using Your 40-Hour CPE Bank

By |2021-05-10T15:12:53-04:00May 10th, 2021|Auditing & Accounting, Blogs, Business & Industry, Connect, Membership, Membership Page Controls, Public Relations, Tax, Why CPA|

Dues renewal time is almost here for SCACPA's 2021-22 membership year! The All-Inclusive Membership annual dues at the Fellow level remains at $799. We always take into account feedback [...]

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Want to Maximize the Value of Your CPE Bank? Here’s How with Our Livestream Spring Splash Courses in May & June

By |2021-05-03T09:15:50-04:00May 1st, 2021|Auditing & Accounting, Business & Industry, COVID-19, Educate, Featured, Governmental, Membership, Public Relations, Regulatory, Tax, Technology|

Have you ever attended an educational conference and found that so many of the sessions you want to attend happen at the same time? This May and June, SCACPA [...]

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View From the Dome (April 30, 2021): With Two Weeks Left in Legislative Session, Here are 10 Tax Bills About to be Considered by the Full SC House Ways and Means Committee

By |2021-05-07T13:20:24-04:00April 30th, 2021|Advocate, Auditing & Accounting, Business & Industry, COVID-19, Governmental, Legislative/Advocacy, Regulatory, Tax|

As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the 124th Legislative Session, prepared in [...]

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Surgent’s On-Demand Self-Study Offers SCACPA Members the Specific CPE You Need With More than 230 Courses

By |2021-05-10T15:16:57-04:00April 29th, 2021|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership, Partners, Public Relations, Regulatory, Tax, Technology|

SCACPA is excited to continue partnering with Surgent CPE for on-demand self-study in the 2020-21 membership year. Association members can depend on this incredible opportunity to get specialized knowledge [...]

Genuine Learning Blog: Yellow Book Technical Update

By |2021-04-28T14:20:26-04:00April 23rd, 2021|Auditing & Accounting, Educate, Governmental, Regulatory|

The U.S. Government Accountability Office has issued a technical update to Yellow Book. In a very rare move, GAO has made modifications to a handful of paragraphs in the [...]

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Genuine Learning Blog: Renaming the Comprehensive Annual Financial Report

By |2021-04-15T17:07:11-04:00April 15th, 2021|Auditing & Accounting, Educate|

Note: Looking for high-quality A&A learning? SCACPA is proud to present 16 credits of A&A on June 22-23 as part of more than 60 hours of education at this [...]

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Genuine Learning Blog: IFR4NPO (International Financial Reporting For Non Profit Organisations)

By |2021-04-14T10:30:05-04:00April 14th, 2021|Auditing & Accounting, Educate, Regulatory|

Today’s blog looks at a movement to develop internationally applicable financial reporting guidance for nonprofit organizations. IFR4NPO (International Financial Reporting For Non Profit Organisations) has issued a consultation. The blog [...]

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Genuine Learning Blog: Third-Party Assessments

By |2021-03-22T18:41:06-04:00March 22nd, 2021|Auditing & Accounting, Educate|

The AICPA has issued a Technical Q&A to address common questions regarding what qualifies as a third-party assessment and which standards including independence should be applied by the third [...]

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Genuine Learning Blog: Proposed NOCLAR Ethics Interpretation

By |2021-03-11T18:18:17-05:00March 11th, 2021|Auditing & Accounting, Regulatory|

The AICPA's Professional Ethics Executive Committee (PEEC) has issued an updated proposal around reporting noncompliance with laws and regulations (NOCLAR). Originally issued in 2017, PEEC has been trying to converge [...]

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Genuine Learning Blog: Proposed NOCLAR SAS

By |2021-03-05T14:50:08-05:00March 5th, 2021|Auditing & Accounting, Educate, Regulatory|

The AICPA has issued a very narrow proposal to add a new requirement for successor auditors to discuss suspected fraud and NOCLAR with predecessor auditors if granted permission by [...]

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Galasso Learning Solutions: Quality Management Proposal (Part 3)

By |2021-02-26T18:21:05-05:00February 26th, 2021|Auditing & Accounting, Educate|

This is the final installment in our QM series that addresses the proposed audit standard. The audit standard assists the engagement team to understand their responsibilities in applying the [...]

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Galasso Learning Solutions: Quality Management Proposal (Part 2)

By |2021-02-24T17:18:30-05:00February 19th, 2021|Auditing & Accounting, Educate|

This week, we continue our discussion of the AICPA's proposed changes to Quality Management. SQMS 2 addresses the role and responsibilities of the engagement quality reviewer. We will look [...]

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Galasso Learning Solutions: Quality Management Proposal (Part 1)

By |2021-02-14T16:29:10-05:00February 14th, 2021|Auditing & Accounting, Educate|

The AICPA has issued three new proposals related to quality management. The new SQM Standards will replace the extant quality control (SQCS) and provide a more scalable and risk-based QM [...]

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Online Tools & Resources Await: Starting with Connect by SCACPA

By |2021-02-11T23:21:01-05:00February 4th, 2021|Auditing & Accounting, Blogs, Business & Industry, Connect, Featured, Governmental, Membership, Membership Page Controls, Tax|

As a CPA, you know a lot. But, in today’s changing environment, there are a lot of subjects where you probably have a fair share of questions. That’s why [...]

For Second Year in a Row, Forbes Names Bauknight Pietras & Stormer Among Top U.S. Tax and Accounting Firms

By |2021-02-05T16:00:31-05:00February 4th, 2021|Auditing & Accounting, Connect, Membership, Public Relations, Tax|

Forbes has named Columbia-based CPA firm Bauknight Pietras & Stormer to its annual “Top Accounting Firms in America” list for the second year in a row. BPS was honored [...]

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Galasso Learning Solutions: ASU 2021-02

By |2021-02-02T17:31:50-05:00February 2nd, 2021|Auditing & Accounting, Educate, Regulatory|

ASB has issued its second ASU of 2021 addressing a new practical expedient for revenue recognition. "ASU 2021-02, Franchisors—Revenue from Contracts with Customers (Subtopic 952-606): Practical Expedient," offers private [...]

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Galasso Learning Solutions: The Future of Jobs Report

By |2021-02-01T16:46:59-05:00January 29th, 2021|Auditing & Accounting, COVID-19, Educate, Governmental, Regulatory|

The World Economic Forum released its 2020 Future of Jobs Report, which looks at the impact of technology on the job market. The report addresses the impact of COVID, a [...]

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Galasso Learning Solutions: Professional Ethics Strategy and Work Plan for 2021-2023

By |2021-01-22T15:58:22-05:00January 22nd, 2021|Auditing & Accounting, Educate, Regulatory|

In 2019, the AICPA issued a consultation paper for feedback on the projects Professional Ethics Executive Committee should address. After evaluating feedback, PEEC has issued its Strategy and Work Plan [...]

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Galasso Learning Solutions: Goodwill Impairment Proposal

By |2021-01-19T12:44:35-05:00January 19th, 2021|Auditing & Accounting, Educate, Regulatory|

FASB has issued a proposal to adjust the timing for when private entities and nonprofits would be required to identify triggering events for goodwill impairment. After initially identified by the [...]

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