Proposed Revisions to FAC Data Collection Form
Stay up to date on the latest proposed revisions to the Federal Audit Clearinghouse’s Data Collection Form (SF SAC). Alex Romero breaks down key updates, including new resubmission pathways, structured audit findings, fraud indicators, and auditor disclosure requirements, plus tips on commenting before the February 17, 2026 deadline. Perfect for CPAs and audit professionals seeking practical insights and actionable updates.
Proposed Ethics Changes for Alternative Practice Structures
Explore the latest proposed ethics changes for alternative practice structures in the CPA profession, with a special focus on private equity impacts, in this Genuine Learning Blog episode hosted by Melisa Galasso. Get an overview of key definitions, prohibitions, and a principles-based approach to evaluating independence, along with practical insights and must-read diagrams for firms navigating evolving ownership models. Comments are open until April 30, 2026—discover actionable takeaways for your practice today!
AICPA & CPA.Com Issue Audit Transformation Report
Discover the latest insights from the AICPA & CPA.com Audit Transformation Report in this Genuine Learning Blog recap. Jaclyn Veno breaks down five key themes shaping audit modernization, highlights barriers firms face, and shares actionable strategies for improving audit quality, efficiency, and client experience. Stay ahead with practical takeaways for your firm’s transformation journey.
Quality Management FAQs from the GAO
Unlock insights from the GAO’s latest guidance on quality management systems in government auditing with Alex Romero from Galasso Learning Solutions. This video covers key FAQs, effective implementation dates, risk assessment, monitoring, and engagement quality reviews—plus practical takeaways and training resources for audit professionals. Perfect for CPAs seeking actionable, up-to-date advice on maintaining compliance with the 2024 Yellow Book.
2025 Year In Review
Get a comprehensive recap of 2025’s key accounting and auditing updates in this Genuine Learning Blog episode. Melisa Galasso reviews major changes from FASB, GASB, and other standard-setters, explains notable issued standards, and shares what’s on the agenda for 2026. Perfect for CPAs and professionals seeking actionable insights and practical continuing education.
What Is NASBA’s Latest ITC About?
Discover the latest updates from NASBA on alternative practice structures and private equity in CPA firms with GLS’s Genuine Learning Blog. Jaclyn Veno breaks down NASBA’s new Invitation to Comment, exploring key topics like independence, disclosure, and regulatory oversight for Boards of Accountancy. Stay informed and ahead with practical insights for CPAs and firm leaders.
FASB’s Post-Implementation Review of Leases (Topic 842)
Explore FASB’s post-implementation review of the Leases (Topic 842) standard with Melisa Galasso in this Genuine Learning Blog episode. Get insights on the impact, benefits, and ongoing costs of lease accounting changes for public and private entities, and discover lessons learned to improve future standard setting.
Quality Management & Ethics: Breaking Down the AICPA’s Latest Code Revisions
Dive into the latest updates from the AICPA with Galasso Learning Solutions! In this episode, Alex Romero breaks down the recent revisions to the Professional Code of Ethics, focusing on how terminology changes will align the standards with modern quality management practices. Learn what’s new, what’s staying the same, and how these updates impact your firm’s compliance—just in time for the December 15, 2025 deadline. Perfect for CPAs and audit professionals seeking clear, actionable insights on quality management and ethics.
Disclaimer: The information contained within this blog is provided for informational purposes only. Viewing this material does not qualify for CPE credit. Additionally, this general knowledge is not intended to substitute for obtaining accounting, legal, or financial advice from a professional accountant with specific knowledge of your organization. Finally, watching this blog and/or subscribing to the newsletter do not create an accountant-client relationship.











