Auditing & Accounting

Galasso Learning Solutions: FASB Effective Date Delays for Certain Entities

By |2020-04-24T17:18:43-04:00April 24th, 2020|Auditing & Accounting, Blogs, COVID-19, Educate, Featured, Membership Page Controls, Regulatory|

FASB has proposed a one-year delay of revenue recognition for private company franchisors. In addition, public and nonpublic nonprofits will receive a delay along with nonpublic entities. The delay is [...]

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Galasso Learning Solutions: GASB Delays Nine Standards

By |2020-04-16T11:52:06-04:00April 16th, 2020|Auditing & Accounting, Blogs, Communicate, COVID-19, Featured, Governmental, Membership Page Controls, Regulatory|

Keep up with all SCACPA updates specific to the Coronavirus/COVID-19 situation at www.scacpa.org/covid-19-response-and-resources At GASB’s teleconference meeting on April 14, a vote passed that delays standards by one year [...]

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SBA Updates Guidance, FAQs on Paycheck Protection Program

By |2020-04-15T14:04:18-04:00April 15th, 2020|Auditing & Accounting, Blogs, Business & Industry, Communicate, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax|

Keep up with all SCACPA updates specific to the Coronavirus/COVID-19 situation at www.scacpa.org/covid-19-response-and-resources Here is the latest information to help CPAs as they assist small businesses. (UPDATED: April 15, [...]

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FASB Releases Staff Q&A Guidance on Treatment of COVID-19 Lease Concessions

By |2020-04-15T17:14:28-04:00April 10th, 2020|Auditing & Accounting, Blogs, COVID-19, Educate, Featured, Governmental, Membership Page Controls, Regulatory|

As promised at their meeting early this week, the Financial Accounting Standards Board has issued a staff Q&A addressing how lease concessions related to COVID-19 should be treated from [...]

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Update on CPAs Acting as an Agent and Getting Paid for PPP Loan Services

By |2020-04-09T19:33:14-04:00April 9th, 2020|Advocate, Auditing & Accounting, Blogs, Business & Industry, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory|

Keep up with all SCACPA updates specific to the COVID-19 situation at www.scacpa.org/covid-19-response-and-resources SCACPA hears your frustration around providing services to your small business clients as they apply for Paycheck [...]

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Galasso Learning Solutions: 2020 Q1 in Review

By |2020-04-09T19:17:07-04:00April 9th, 2020|Auditing & Accounting, Blogs, Communicate, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory|

Keep up with all SCACPA updates specific to the Coronavirus/COVID-19 situation at www.scacpa.org/covid-19-response-and-resources The first quarter of 2020 started much like any other year’s first quarter. Obviously, it didn’t [...]

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Galasso Learning Solutions: This Week in A&A (April 9, 2020)

By |2020-04-09T16:05:30-04:00April 9th, 2020|Auditing & Accounting, Blogs, COVID-19, Educate, Featured, Governmental, Membership Page Controls, Regulatory|

Keep up with all SCACPA updates specific to the Coronavirus/COVID-19 situation at www.scacpa.org/covid-19-response-and-resources The second week of April definitely had major impacts on standard setting. The Not-For-Profit Advisory Committee [...]

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SCDEW VIDEO Q&A: Chief Administrative Officer Jamie Suber Answers SCACPA Member Questions on Filing; Plus SCDEW FAQs

By |2020-04-08T10:17:41-04:00April 8th, 2020|Auditing & Accounting, Blogs, Business & Industry, Communicate, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Technology|

Keep up with all SCACPA updates specific to the Coronavirus/COVID-19 situation at www.scacpa.org/covid-19-response-and-resources SCACPA wants to thank our members for taking advantage of the forums of SCACPA Connect, our [...]

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Thinking Through the Issues of the ‘Paycheck Protection Program’: Should CPAs Offer to be a Loan Agent?

By |2020-04-03T14:08:45-04:00April 2nd, 2020|Auditing & Accounting, Blogs, Business & Industry, Communicate, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership, Membership Page Controls, Regulatory|

SCACPA knows that many CPAs are analyzing the rules of the Treasury Department’s Paycheck Protection Program application. While there are many ways you can help your small business clients, [...]

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Treasury Dept. ‘Paycheck Protection Program’: Help Your Small Business Clients, and You Can Act as Loan Agent

By |2020-04-03T09:55:04-04:00April 1st, 2020|Auditing & Accounting, Business & Industry, Communicate, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Public Relations, Regulatory, Tax|

The Department of Treasury has released the Paycheck Protection Program application and supplemental information, all available on their website. The AICPA is providing a page on "SBA Paycheck Protection [...]

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Galasso Learning Solutions: How Accounting & Auditing Regulators are Addressing COVID-19

By |2020-04-03T13:51:06-04:00March 29th, 2020|Auditing & Accounting, Blogs, COVID-19, Educate, Featured, Governmental, Membership Page Controls, Regulatory|

This past week found our regulatory agencies working hard to address COVID-19. OMB expanded its administrative relief to entities impacted operationally by current conditions The AICPA provided guidance on [...]

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SCACPA CEO Chris Jenkins Requests Gov. McMaster to Include Accounting Services as an Essential Service

By |2020-03-20T15:05:55-04:00March 20th, 2020|Advocate, Auditing & Accounting, Blogs, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership, Membership Page Controls, Partners, Public Relations, Regulatory, Tax, Technology|

Note: The following is a letter from SCACPA CEO Chris Jenkins to South Carolina Governor Henry McMaster with a request to define accounting services as an essential service in the [...]

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Galasso Learning Solutions: OMB M-20-11/UG Administrative Relief when Directly Impacted by COVID-19

By |2020-04-03T13:50:22-04:00March 19th, 2020|Auditing & Accounting, Blogs, COVID-19, Educate, Featured, Governmental, Membership Page Controls, Regulatory|

The U.S. Office of Management and Budget has issued administrative relief for those who receive federal financial assistance that is DIRECTLY RELATED to COVID-19. The Governmental Audit Quality Center [...]

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Galasso Learning Solutions A&A Video Blog: 457 Plan and Other Implementation Issues Exposure Draft

By |2020-03-18T12:45:21-04:00March 12th, 2020|Auditing & Accounting, Blogs, Educate, Featured, Membership Page Controls, Regulatory|

GASB has issued an exposure draft that will address implementation issues in GASB 84 and component units while also addressing accounting and financial reporting for Section 457 plans. This [...]

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Explore the Possibilities: Register for Spring Splash in Spartanburg in May!

By |2020-03-11T11:05:46-04:00March 10th, 2020|Auditing & Accounting, Blogs, Business & Industry, Educate, Featured, Governmental, Membership, Membership Page Controls, Public Relations, Regulatory, Tax, Technology|

WHEN: Thursday and Friday, May 14-15 WHERE: Spartanburg Marriott, 299 North Church Street, Spartanburg 29306 REGISTER: www.scacpa.org/spring-splash or call 803.791.4181 Enjoy a change of scenery at the end of [...]

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‘SCACPA Connect’ is Back and Improved for Tax Season

By |2020-03-16T15:22:05-04:00March 9th, 2020|Auditing & Accounting, Blogs, Business & Industry, Connect, Featured, Membership, Membership Page Controls, Public Relations, Regulatory, Tax, Technology|

Are there tax-related issues you'd like to talk about? It's time to join the SCACPA Connect conversation. You might have noticed activity on what will soon be the go-to [...]

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View From The Dome: Board of Economic Advisors Announces Largest Budget Surplus in SC History (Feb. 14)

By |2020-02-14T13:09:24-05:00February 14th, 2020|Advocate, Auditing & Accounting, Blogs, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax|

By Copper Dome Strategies Friday, Feb. 14, 2020 The long-awaited recommendation on the future of state-owned utility Santee Cooper has been released. The Senate went late into the night [...]

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