Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. The commentary is brief, [...]
By Copper Dome Strategies Friday, July 31, 2020 Gov. Henry McMaster issued a new Executive Order on Thursday allowing all remaining businesses that closed as the coronavirus began spreading across [...]
THIS WEEK: Did you renew your All-Inclusive Membership for 2020-21? This is your last chance to avoid the $25 late fee that takes effect on August 1. Visit www.scacpa.org/dues [...]
As SCACPA enters its third year of All-Inclusive Membership, we wanted to hear what South Carolina CPAs had to say about the experience. We’ve compiled the results of our [...]
The National Association of State Boards of Accountancy Board of Directors has announced its unanimous vote of support for the advancement of the CPA Evolution initiative that designs and [...]
Peyton Elmore of the University of South Carolina The South Carolina Association of CPAs Educational Fund Trustees are proud to announce it has awarded $64,500 to 43 [...]
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 [...]
FASB has issued an exposure draft that would delay the effective date of ASU 2018-12, which provides updated guidance on financial reporting for long duration insurance contracts. The effective date [...]
Issued in July 2020, SAS 142 explains what constitutes audit evidence and sets out attributes of information when evaluating information. What questions do you have? Send your questions to melisa@galassolearningsolutions.com [...]
The U.S. House of Representatives and Senate have returned to Washington, DC, for the first time since June. Leadership from both chambers are in deep discussion about a path forward [...]
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 [...]
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 [...]
This Q&A from SCACPA and the AICPA can help your firm’s decision-making. In March of this year, the U.S. Supreme Court announced that it will hear a case that challenges [...]
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, [...]
GASB has proposed major changes to the concept statements for recognition. The proposal further develops the concept of the short-term financial resources measurement focus. It makes changes to these concepts [...]
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 [...]
The SCDOR’s Information Letter 20-19 is a six-page summary of significant changes in South Carolina’s tax and regulatory laws enacted as of May 2020. It was released Thursday, July [...]
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. [...]
The SCDOR and IRS are offering tax relief for victims of the April 2020 tornadoes, severe storms and flooding that impacted nine South Carolina counties, it was announced Friday, June [...]
Note: For your convenience, you can download a PDF with SCACPA's entire month of June CPE itinerary, complete with course information and links to register for the courses here. [...]
