Have you ever wanted to influence the topics that FASB covers in its standard setting? Well, now here’s your chance. Today, Financial Accounting Standards Board (FASB) issued its Invitation to Comment (ITC) that asks individuals to provide feedback on its future standard-setting agenda. The ITC offers examples of topics provided by various stakeholders during the consultation process but provides opportunity to give additional thoughts to what FASB should focus their time on. Comments are due September 22, 2021.

Call to Action: Where do you believe FASB should focus their agenda going forward?

Link: https://fasb.org/cs/Satellitec=FASBContent_C&cid=1176176823529&pagename=FASB%2FFASBContent_C%2FNewsPage

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 Spring Splash and Fall Fest 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.