Genuine Learning Blog – GASB Approves New SBITA Q&A

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GASB has approved the issuance of a new Implementation Guide to be issued soon. This blog will review a key question related to SBITAs that is addressed in the IG as well as the impact of the new Q&A on automatically renewing SBITAs.

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.

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.

Do you believe more Q&A is needed to address the issue of automatic renewals of SBITAs?

GASB EXPOSURE DRAFT—IMPLEMENTATION GUIDANCE UPDATE—2023

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