Dec 8, 2025 | Accounting, Auditing, Ethics, Genuine Learning
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.
Oct 30, 2025 | Accounting, Auditing, Genuine Learning, Government, Non-Profit
Get the latest updates from the 2025 AICPA Fall Council meeting in Denver, Colorado. Alex Romero shares key takeaways and highlights from two days of industry discussions and future-focused initiatives, including insights from Mark Koziel’s “Rise to the Future Together” presentation on the profession’s future, overview of the Alliance for Responsible Licensing panel and multi-industry perspectives on licensure and deregulation, highlights from guest speaker Bill Stainton on connecting opportunities and career growth, updates on the Rise 2040 initiative and worldwide facilitation sessions, state and federal advocacy updates, workforce development trends, and new licensing pathways for CPAs.
Oct 10, 2025 | Auditing, Genuine Learning, Government
On August 28th, GSA’s Technology Transformation Services issued a request for comment on revisions to the Federal Audit Clearinghouse (FAC) data collection form. The FAC, which serves as the central repository for Single Audit submissions, plays a critical role in ensuring transparency, accountability, and accessibility of audit data. The proposed revisions are designed to improve clarity in reporting, strengthen fraud and abuse disclosures, and enhance overall data usability for auditors, federal agencies, and the public. Stakeholders are encouraged to review and provide feedback by October 27, 2025.
Aug 8, 2025 | Genuine Learning
NASBA and the AICPA have issued the 9th edition of the Uniform Accountancy Act which acts as a model piece of legislation that can be used by individual state boards of accountancy to create consistency and uniformity. The new edition includes 3 pathways to licensure as well as changes to mobility requirements. It is important to note that each state must adopt these requirements before they can be applied in that state.
Jan 11, 2024 | Genuine Learning
The ACFE has issued their 2024 Report to the Nations. It provides an overview of fraud schemes as well as an update on the avatar of a fraudster.
