The AICPA has issued 3 new question and answers around the implementation of the new Information System Services interpretation which will be effective in January 2023. The interpretation has been delayed twice – first due to COVID and then due to concerns around implementation. During the 2022 ENGAGE conference, AICPA staff members met with concerned individuals to better understand the concerns and the Q&As address some of the larger concerns noted.
ethics-qa-section-250-02-04.pdf (aicpa.org)
Do you believe these Q&As will help reduce concerns over implementation?
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.
