Genuine Learning Blog: OMB Memo on Auditing

| , ,

On June 23, OMB issued Memo M-25-30: Ensuring Accountability: How We Oversee, Audit, and Improve. It reinforces the importance of federal audits in providing transparency and accountability while preventing waste, fraud, and abuse.

The memo also ties to the July 14 update of OMB Circular A-136, which revises federal financial reporting requirements, including moving to a single-year presentation.

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 2025-01 & ASU 2025-02

In Q1 of this year, the FASB issued ASU 2025-01 & ASU 2025-02. ASU 2025-01 amends the effective date of ASU 2024-03, ...
READ MORE

Genuine Learning Blog: Presidential EO on Grants

On Aug. 7, the President issued an EO creating a review process for discretionary grants. ...
READ MORE

From the LLR: Email Verification

This message was sent from the LLR on Wednesday, September 3, 2025: The renewal period for your license is about to begin and to ensure you receive your renewal notice ...
READ MORE