Genuine Learning Blog: AICPA Provides Guidance on Use of AI & Digital Assets

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Explore two essential new practice aids from the AICPA designed to keep CPAs ahead of the curve. Stay informed about evolving guidance on AI use and digital assets in accounting and auditing engagements.

  • Overview of the AICPA’s new practice aid on artificial intelligence considerations for auditors
  • Key factors when evaluating both client and auditor use of AI in financial reporting and audit processes
  • Updates to the Digital Assets Practice Aid, including guidance on accounting and audit issues
  • Recent changes covering stablecoins, mining revenue, and existence, rights, and obligations of digital assets
  • Continual updates and resources for firms and professionals working with crypto and digital assets

Are there other emerging trends that you think the AICPA should provide additional guidance for?

Accounting for and auditing of Digital Assets practice aid (PDF)


SC.CPA is excited to partner with Galasso Learning Solutions and the Genuine Learning Blog for real-time A&A updates and answers for SC.CPA 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.

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