The AICPA’s Professional Ethics Executive Committee (PEEC) has issued a Temporary Policy Statement regarding recent changes by the SEC to its independence rules. Because the rules do not align with the AICPA Code, the PEEC is evaluating whether any changes are needed and has provided a temporary enforcement permitting auditors who follow both to be compliant if they adopt the new SEC rules. The policy is effective until rescinded.

AICPA Professional Ethics Division Temporary Policy Statement – Related to Amendments of Rule 2-01 of Regulation S-X

SCACPA is excited to partner with Galasso Learning Solutions and the Genuine Learning Blog for real-time A&A updates and answers for SCACPA members. Melisa is a speaker on audit topics at SCACPA’s annual Fall Fest and Spring Splash conferences. She also takes part in many SCACPA seminars and rebroadcasts.

With over 15 years of experience in the accounting profession, Melisa Galasso designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. She closely monitors regulatory bodies for changes in auditing and accounting guidance and serves as a subject matter expert in implementing the updated guidance.