The number of issued standards likely hit one of the lowest points in history! This blog will review the accounting, auditing and ethics standards issued by the FASB, GASB and AICPA in 2024. While 2024 wasn’t busy for final standards there was a flurry of due process documents which means we may see an uptick in 2025.
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 F. Galasso is the Founder and CEO of Galasso Learning Solutions LLC. A CPA with over 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. Her passion is providing high-quality CPE that is meaningful, creates efficiencies and improves quality, and positively impacts ROI.
What is your guess for the number of standards to be issued in 2025?