FASB Proposes Changes to Fair Value
Explore Melisa Galasso’s breakdown of the FASB’s latest proposal impacting investment companies under Topic 946. Learn how new guidance on fair value measurement for equity securities with contractual sale restrictions may introduce exceptions, updated disclosure requirements, and what this means for net asset values. Comments due by July 17th.
PRB Proposed Strategic Plan 2027-2030
Discover the highlights of the AICPA Peer Review Board’s proposed 2027–2030 Strategic Plan. Melisa Galasso breaks down key initiatives focused on modernizing peer review, leveraging technology, and building a sustainable, future-ready reviewer pool to enhance quality and stakeholder engagement in the profession.
PEEC Proposed Strategic Plan 2027–2030
Explore the highlights of the PEEC’s proposed 2027-2030 strategic plan, including key initiatives around ethics, independence, technology, and stakeholder engagement. Gain practical insight into how these priorities may impact CPAs and the accounting profession.
Business Arrangements with SOC Tool Providers
Explore key ethical, independence, and quality considerations when engaging in business arrangements with SOC tool providers. Understand threats, safeguards, and compliance best practices, as discussed at the AICPA Engage Conference and highlighted in recent AICPA staff insights.
2026 Proposed Changes to the Uniform Guidance
Explore the proposed 2026 changes to Uniform Guidance, including new regulatory updates, enhanced transparency and accountability measures, clarified definitions, cybersecurity requirements, and implications for grant recipients and auditors. Learn what these updates could mean for compliance and how to prepare for the evolving federal grant landscape.
GASB Discussion Memo: Structure of GAAP
Explore GASB’s discussion memo on the structure of GAAP with Melisa Galasso as she breaks down the proposal to move toward a single authoritative source for governmental accounting standards, compares the current dual authority model with FASB’s codification approach, and highlights key stakeholder feedback and upcoming changes.
Proposed SSAE: Amendments to SSAEs 18-19 & 21
Sustainability assurance continues to move into the mainstream of the attestation standards. In this short video, Melisa Galasso discusses a March 2026 exposure draft proposing conforming amendments to SSAE Nos. 18, 19, and 21. These amendments are intended to align existing attestation guidance with the proposed SSAE Common Concepts, Examination Engagements, Review Engagements, and Engagements to report on sustainability information.
FinREC Proposal for Programmatic Investments
Stay up-to-date on the latest changes to nonprofit accounting standards with this overview of FINREC’s draft proposal for Programmatic Investments. Speaker A breaks down key updates, including the impact of ASU 2025-07 on derivative accounting, and outlines what nonprofit finance professionals need to know for compliance and best practices.
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.











