ASU 2025-11, Interim Reporting, clarifies what items need to be disclosed in interim reporting as required by GAAP, by consolidating and organizing required disclosures within Topic 270 and related Topics. The Update includes a comprehensive, centralized listing of interim disclosure requirements, simplifying the process of identifying applicable disclosures. These changes are intended to reduce complexity, improve consistency, and mitigate diversity in interim reporting practices.
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.
