SCACPA and Paychex are Partnering to Provide Helpful Resources
A message from SCACPA CEO Chris Jenkins: With so much change impacting business, there is no better time for SCACPA and Paychex to be working with one another. SCACPA [...]
Galasso Learning Solutions: GASB Preliminary Views – Revenue and Expense Recognition
GASB has issued a preliminary views document, which is their second phase in updating revenue and expense guidance. Building on the ITC issued in 2018, the PV continues to develop [...]
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BPS CPA Kaczor to Address National Conference with Strategies to Combat COVID-19 Spike in Business FraudBPS CPA Kaczor to Address National Conference with Strategies to Combat COVID-19 Spike in Business Fraud
Auditing & Accounting, Blogs, Business & Industry, COVID-19, Educate, Featured, Legislative/Advocacy, Membership, Membership Page Controls, Public Relations, Regulatory, Technology
BPS CPA Kaczor to Address National Conference with Strategies to Combat COVID-19 Spike in Business Fraud
Fraudsters have been taking advantage of the new work and life routines of the pandemic and causing mayhem, according to Jessica Kaczor, CPA, CFE, of Bauknight, Pietras & Stormer, [...]
View From the Dome: accelerateED Task Force Offers its Guidance for 2020-21 School Year
By Copper Dome Strategies Friday, July 10, 2020 Two legislative committees met this week to receive briefings on re-opening public schools in the fall and the effects of COVID-19 on [...]
Galasso Learning Solutions: Second Quarter 2020 In Review
Let’s review the standards issued and proposed by GASB, FASB and the AICPA during 2020’s second quarter. While it was a slower quarter, GASB finalized quite a few final standards. [...]
View From the Dome: $1.2B in Federal CARES Act Funding is Authorized
By Copper Dome Strategies Friday, June 26, 2020 The General Assembly returned to Columbia and adopted a plan to appropriate the federal CARES Act funds. Results have been tabulated for [...]
Galasso Learning Solutions: OMB Allows Some Coronavirus-Related Flexibilities to Expire
The Office of Management and Budget has issued an updated memo addressing coronavirus-related flexibilities provided under prior OMB Memos. Many of the flexibilities offered in the earlier memos have been [...]
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Three Bauknight Pietras & Stormer CPAs Share Their ‘How I Work – From Home’ Stories With SCACPAThree Bauknight Pietras & Stormer CPAs Share Their ‘How I Work – From Home’ Stories With SCACPA
Auditing & Accounting, Blogs, Business & Industry, Connect, COVID-19, Featured, Membership Page Controls, Public Relations, Tax, Technology, Why CPA
Three Bauknight Pietras & Stormer CPAs Share Their ‘How I Work – From Home’ Stories With SCACPA
Longtime SCACPA members know that a regular feature of the Association’s quarterly magazine is “How I Work.” In every issue of South Carolina CPA Report, we strive to showcase [...]
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View From the Dome: Senate Finance Committee’s Plan for CARES Act Funds Includes $500M for Unemployment Trust FundView From the Dome: Senate Finance Committee’s Plan for CARES Act Funds Includes $500M for Unemployment Trust Fund
Advocate, Blogs, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax
View From the Dome: Senate Finance Committee’s Plan for CARES Act Funds Includes $500M for Unemployment Trust Fund
By Copper Dome Strategies Friday, June 19, 2020 The Senate Finance Committee met and adopted a plan to appropriate the federal CARES Act funds. House and Senate committees met to [...]
Are You Up to Date on COVID-Related Auditing Delays? Here’s a Recap
We can understand if you feel overwhelmed by the rapid rate of adjustments and delays to standards over the past few months. That’s why SCACPA thanks Galasso Learning Solutions [...]
Galasso Learning Solutions: GASB Proposes Application Guidance on CARES Act
GASB has issued an exposure draft, “Accounting and Financial Reporting Issues Related to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) of 2020 and Coronavirus Diseases,” to [...]
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View From the Dome: Gov. McMaster Recommends Disbursal of $1.9B Coronavirus Relief Fund in Two Phases
View From the Dome: Gov. McMaster Recommends Disbursal of $1.9B Coronavirus Relief Fund in Two Phases
Advocate, Auditing & Accounting, Blogs, Business & Industry, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax
View From the Dome: Gov. McMaster Recommends Disbursal of $1.9B Coronavirus Relief Fund in Two Phases
By Copper Dome Strategies Friday, June 12, 2020 Primary elections occurred this past Tuesday. Gov. Henry McMaster provided his recommendations to the General Assembly this week for the expenditure [...]
Galasso Learning Solutions: SAS 141 and COVID-related delays
Amendment to the Effective Date of SAS Nos. 134 Through 140. Issued in May 2020, but it did not go through the Exposure Draft process. What questions do you have? [...]
Galasso Learning Solutions: ASU 2020-05 and COVID-related delays
Revenue from Contracts with Customers (Topic 606) and Leases (Topic 842): Effective Dates for Certain Entities Issued June 2020 What questions do you have? Send your questions to melisa@galassolearningsolutions.com Tune [...]
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President Enacts ‘Paycheck Protection Program Flexibility Act of 2020,’ Gives More Flexibility to BorrowersPresident Enacts ‘Paycheck Protection Program Flexibility Act of 2020,’ Gives More Flexibility to Borrowers
Advocate, Auditing & Accounting, Business & Industry, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Public Relations, Regulatory, Tax
President Enacts ‘Paycheck Protection Program Flexibility Act of 2020,’ Gives More Flexibility to Borrowers
President Donald Trump on Friday signed the “Paycheck Protection Program Flexibility Act of 2020,” after the Senate had late Wednesday night passed the House bill that creates more flexibility [...]
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View From the Dome: House COVID-19 Liability Protection Committee Weighs Burdens of Potential Lawsuits for Struggling Businesses
View From the Dome: House COVID-19 Liability Protection Committee Weighs Burdens of Potential Lawsuits for Struggling Businesses
Advocate, Blogs, Business & Industry, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory
View From the Dome: House COVID-19 Liability Protection Committee Weighs Burdens of Potential Lawsuits for Struggling Businesses
By Copper Dome Strategies Friday, June 5, 2020 Several legislative committees met this past week to discuss actions needed to assist in the economic recovery. Both the House and Senate [...]
BOA Votes to Grant Exam Credit Extensions Until Dec. 31
The South Carolina Board of Accountancy has granted exam credit extensions until December 31, 2020, to all SC CPA Exam candidates who have exam credits expiring from April 1 [...]
Galasso Learning Solutions: Yellow Book CPE — COVID Update
GAO has issued an alert addressing COVID and Yellow Book CPE requirements. These adjustments and grace periods are intended to be responsive to the cancellations of many CPE events [...]
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View From the Dome: Gov. McMaster Will Now Review accelerateSC Committee’s Final Recommendations
View From the Dome: Gov. McMaster Will Now Review accelerateSC Committee’s Final Recommendations
Advocate, Blogs, Business & Industry, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax
View From the Dome: Gov. McMaster Will Now Review accelerateSC Committee’s Final Recommendations
By Copper Dome Strategies Friday, May 29, 2020 Gov. Henry McMaster issued a new Executive Order on Wednesday extending the State of Emergency for an additional 15 days as South Carolina [...]
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PPP Loan Forgiveness Calculator Available; Push Continues for Additional Guidance
PPP Loan Forgiveness Calculator Available; Push Continues for Additional Guidance
Advocate, Auditing & Accounting, Blogs, Business & Industry, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Public Relations, Regulatory, Tax, Technology
PPP Loan Forgiveness Calculator Available; Push Continues for Additional Guidance
Note: On June 6, the ‘Paycheck Protection Program Flexibility Act of 2020’ was enacted, which gives more flexibility to borrowers. Learn more here. A PPP Loan Forgiveness calculator is [...]