Genuine Learning Blog: GASB Implementation Guidance Update 2025 – Exposure Draft

| , ,

The GASB recently released an exposure draft for the 2025 Implementation Guidance Update. This guidance includes Q&As that address inquiries about previously issued statements and to help facilitate implementation of new pronouncements.

Comments on the exposure draft are due to the GASB by January 24, 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.

Alexandria Romero, CPA, is a seasoned professional with nearly two decades of expertise in governmental and nonprofit accounting. She plays a pivotal role in developing governmental training programs at Galasso Learning Solutions. Before joining the team, Alex honed her skills in various roles within the accounting field. Her engaging presentation style and passion for connecting with attendees have made her a sought-after educator, known for her ability to make complex topics accessible.

NANO Blog: ASU 2025-08

On November 12, 2025, the FASB issued ASU 2025-08 to improve the accounting for purchased loans. Since issuing the credit losses standard in 2016, the FASB ...
READ MORE

NANO Blog: SSAE Ethics

The December 2025 PEEC ethics release provides clarifying revisions related to engagements performed under the. ...
READ MORE

NANO Blog: ASU 2025-09

On November 25, 2025, the FASB issued ASU 2025-09 to clarify and improve hedge accounting. The ASU enables entities to ...
READ MORE