Genuine Learning Blog: IAASB Strategy & Work Plan 2024-2027

| , ,

GAO issued their Improper Payments: Information on Agencies’ Fiscal Year 2023 Estimates report (GAO-24-106927) on March 26, 2024 which provides details on the $236 billion in improper payments in FY 2023 which was concentrated in 5 programs. We’ll review the key findings from this report.

The IAASB has issued their 2024-2027 Strategy & Work Plan titled Elevating Trust in Audit & Assurance. The document lays out the strategic priorities of the IAASB over the next 3 years with an update on projects and goals.

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 think the US will have similar initiatives?

IAASB’S STRATEGY AND WORK PLAN

Career Opportunity: Managing Director – Darla Moore School of Business at the University of South Carolina

The School of Accounting in the Darla Moore School of Business at the University of South Carolina is seeking a Managing Director for the Master of Accountancy Program (MACC Director). ...
READ MORE

Genuine Learning Blog: 2025 AICPA Regional Council & UAA Exposure Draft

GFOA explores rethinking financial reporting to enhance usability and efficiency, addressing limited audience engagement with annual government financial reports.
READ MORE

South Carolina Lawmakers Propose Flat 3.99% Income Tax Rate

At a press conference on March 25, state legislative leadership including Speaker of the South Carolina House of Representatives Murrell Smith, Senate President Thomas Alexander, Senate Finance Chairman Harvey Peeler, ...
READ MORE