Transformation Trends
Your accounting story can inspire the next generation. Join the Center for Accounting Transformation’s Agents of Transformation initiative to help reshape how students and career explorers see the future of accounting …
Genuine Learning Blog: Proposed Ethics Changes for SSAE Engagements
The AICPA’s PEEC has proposed targeted changes to the independence rules for SSAE engagements. By updating terminology …
ERC Enforcement Under the One Big Beautiful Act – Third Time’s the Charm?
Prose by Tax Pros Author: Hale Sheppard, partner at Eversheds Sutherland This article was published in Tax Analysts. Given the long list of enforcement tools already available to IRS, savvy taxpayers understand that most Employee Retention Credit (“ERC”) disputes have not even started yet. Moreover, the duration and scope of these battles are likely to expand …
Genuine Learning Blog: Standards for Internal Control in the Federal Government – “Green Book”
This 2025 update to the Standards for Internal Control in the Federal Government replaces the 2014 version and includes key …
Leading Through Change Fatigue – How to Keep Your Team Energized and Engaged
By John J. Fenton, MBA, CEO of John J. Fenton Executive Coaching Let’s be real—change is exhausting. It’s not just the new processes, shifting expectations, or technology rollouts. It’s the relentless pace, the unclear direction, and the feeling that there’s no time to catch your breath. If you’re feeling it, your team definitely is too. …
Genuine Learning Blog: FASB Staff Educational Paper – Retainage for Construction Contractors
The FASB staff just released an Educational Paper on Retainage under Topic 606—clarifying how to present and disclose retainage in construction contracts …
Genuine Learning Blog: 2024 FAF & PCC Annual Reports
On March 14, 2025, the ASB released its Proposed Strategic Plan for 2026-2030. Based on the success of the ASB’s 2021−2025 …
View from the Dome June 6, 2025
Governor Henry McMaster issued his line-item vetoes of the state budget this past Wednesday, signaling the final act of the legislative session, as it is unlikely the General Assembly will return to address the vetoes prior to January. The legislature is now adjourned for the remainder of the year, although committees are expected to meet …
SCDOR: Clarendon County’s School District Tax is Expiring
Author: South Carolina Department of Revenue Beginning July 1, Clarendon County’s Sales Tax rate will be 7%. Clarendon County’s 1% School District Tax will expire June 30. Why it matters: Filing tip: All local tax changes, including Clarendon County’s new tax rate, are automatically updated when filing on MyDORWAY, SCDOR’s free online tax portal.
View from the Dome May 30, 2025
The General Assembly returned to Columbia for one final time to adopt the Conference Report on the state budget. Two committees held meetings this week regarding the Department of Insurance, and another met on modernizing the state Department of Transportation. The legislature has now adjourned for the remainder of the year, although committees are expected to …