Genuine Learning Blog: GAO COVID Report

| , ,

GAO has issued two COVID fraud related reports. This week’s blog looks at the first one which focuses on some of the insights and lessons learned from the fraud in the COVID19 response. GAO has made both Congressional as well as agency recommendations to help prevent similar fraud in the future.

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.

Are you surprised by any of the insights?

COVID-19: Insights and Actions for Fraud Prevention | U.S. GAO

Career Opportunity – Seeking Senior Accountant

Are you a detail-oriented accounting professional ready to lead, streamline, and grow with a dynamic finance team? We're looking for a Senior Accountant who thrives on ownership, accuracy, and cross-functional collaboration.
READ MORE

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 ...
READ MORE

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 ...
READ MORE