Jennifer

Tax Conformity Update: Where Things Stand—and What Comes Next

Posted on March 5 at 2:54 p.m. EST The South Carolina Association of CPAs (SC.CPA) continues to monitor legislative developments related to tax conformity for the 2025 filing year. Here is a brief update following this week’s legislative activity. House Bill 3368 House Bill 3368 was amended by a House Ways and Means subcommittee to …

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Tax Conformity Update: Where Things Stand—and What Comes Next

Posted on Feb. 13 at 4:56 p.m. EST On Feb. 11 and Feb. 12, two conformity bills were introduced and referred to the House Ways and Means Committee: H. 5167 and H. 5178. While these bills have been introduced, they are not yet law. This update is intended to keep you informed of their status. …

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NANO Blog: ASU 2024-03

This blog offers a deep dive into Accounting Standards Update (ASU) 2024-03, focusing on the new disclosure and presentation …

NANO Blog: ASU 2025-07

On September 29, 2025, the FASB issued ASU 2025-07, which refines the scope of the guidance on derivatives in ASC 815 and …