Genuine Learning Blog – PEEC Conforming Amendments

| , ,

The AICPA’s Professional Ethics Executive Committee (PEEC) has proposed changes to a few interpretations to align the verbiage around ownership with previously issued interpretations related to loans. The proposed changes address three sections of the ethics code. Comments are due July 5.

https://us.aicpa.org/content/dam/aicpa/interestareas/professionalethics/community/exposuredrafts/downloadabledocuments/2022/2022thresholdexposure.pdf

Can you think of any other thresholds in the ethics interpretations that need to be addressed by the AICPA?

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 is a speaker on audit topics at SCACPA’s annual Spring Splash and Fall Fest conferences. She also takes part in many SCACPA seminars and rebroadcasts.

With over 15 years of experience in the accounting profession, Melisa Galasso designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. She closely monitors regulatory bodies for changes in auditing and accounting guidance and serves as a subject matter expert in implementing the updated guidance.

Genuine Learning Blog: FASB Proposes Codification Updates

In this episode, Melisa Galasso breaks down the latest FASB Codification update proposal, highlighting key clarifications and minor improvements to GAAP. Get the essential takeaways from this annual clean-up of accounting standards.
READ MORE

Genuine Learning Blog: FASB Proposes Changes to Mortgage Servicing Rights

Stay up-to-date with the latest from FASB as Melisa Galasso breaks down a new proposal impacting mortgage servicing rights. This quick video outlines what you need to know and why it matters for financial institutions.
READ MORE

Career Opportunity: Controller – Charleston Metro Chamber of Commerce

Help Shape the Future of Finance at the Charleston Metro Chamber! The Charleston Metro Chamber of Commerce is seeking a strategic, forward-thinking Controller to lead our accounting and financial operations ...
READ MORE