BEHIND THE MASK: FASB Update

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We’re giving you a big reveal of SCACPA Con! These sessions aren’t just presentations — they’re missions. Each one is crafted to equip you with the tools, insights, and strategies to face the challenges of today’s profession.

This week, we’re peaking behind the mask of Bruce A. Nunnally, partner and director of auditing at Carr, Riggs & Ingram, LLC, a regional, Top 40 accounting firm. He is ready to uncover the truth about FASB Standards issued in 2025.

If you look at the FASB website and notice just a couple of new Standards issued so far in 2025, you might conclude that there’s not much to learn. But there are a number of Standards issued in prior years that are effective in 2025, and also some very interesting projects that should be completed this year. So, if your company pays income taxes, has trade accounts receivable, receives a government grant, buys or develops new software, acquires cryptocurrency assets, or forms a joint venture, you might want to spend 80 minutes on Thursday morning, May 15, at the SCACPA Spring Splash in Charleston.

Bruce Nunnally is a partner and Director of Auditing at a regional, Top 40 accounting firm. Bruce has nine years previous experience with Ernst & Young, LLP. He has been awarded the Outstanding Discussion Leader designation by the Florida Institute of CPAs. He is a member of the AICPA and the Florida Institute of CPAs and is a licensed CPA in Florida, Texas, and Alabama.

FASB Update
Thursday, May 15
11:10 a.m.–12:30 p.m.

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