Not Found
Live Webcast Replay

Accounting & Auditing Update

Total Credits: 4 including 2 Accounting (Governmental) - Technical, 2 Auditing (Governmental) - Technical

Average Rating:
Accounting and Auditing |  ACPEN Industry Institute |  Yellow Book
Melisa F. Galasso
Course Levels:
4 Hour
Access for 30 day(s) after program date.

Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


This course will examine the recent activities of the Financial Accounting Standards Board (FASB) and will cover standards effective in the current year. We then switch gears and discuss standards issued by the Auditing Standards Board and the Accounting & Review Services Committees of the AICPA. Our focus is on the impact of the new standards and how you can prepare to implement them in a practical way.

Basic Course Information

Learning Objectives
  • Describe recently issued changes to US GAAP
  • Define a lease under Topic 842
  • Prepare an audit report compliant with SAS 134 and 136

Major Subjects
  • Recently issued Accounting Standard Updates (ASUs)
  • Leases; Financial instruments
  • The new auditors report (SAS 134)
  • Employee Benefit Plan Audits (SAS 136)
  • Materiality


Course Materials


Melisa F. Galasso's Profile

Melisa F. Galasso Related seminars and products: 13

Founder and CEO

Galasso Learning Solutions LLC

Melisa F. Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with over 15 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not for profit and governmental accounting. Her passion is providing high-quality CPE that is meaningful, creates efficiencies and improves quality, and positively impacts ROI. She also supports essential professional development, audit level training, and train the trainer efforts.


Melisa is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers. She also serves on the FASB’s Not-for-Profit Advisory Committee (NAC), the AICPA’s Technical Issues Committee (TIC), has had leadership roles on various A&A committees, and serves on the VSCPA’s Board of Directors. Melisa is a 2020 Enterprising Women of the Year Award recipient and was honored as a “40 under 40” by CPA Practice Advisor in 2017 and 2018. She was also named the 2019 Rising Star by her regional NAWBO chapter, received the Don Farmer award for achievement in technical content instruction, and earned several other awards for public speaking and technical training.


Prior to establishing Galasso Learning Solutions, Melisa worked in public accounting, industry, internal audit, and academia.  She received a Bachelor of Science in Business Administration with a concentration in Accounting and International Business from Georgetown University.  On a personal level, Melisa enjoys traveling, watching her daughter ride her horse, and spending quality time with family. She finds balance through yoga, is an avid reader, and frequents local performing arts shows. Melisa actively supports several causes that empower women.


Fri, Mar 12, 2021 - 12:00pm to 03:44pm MST
Sat, Mar 20, 2021 - 08:00am to 11:44am MDT
Tue, Apr 06, 2021 - 12:00pm to 03:44pm MDT
Wed, Apr 21, 2021 - 08:00am to 11:44am MDT
Mon, May 10, 2021 - 12:00pm to 03:44pm MDT
Tue, May 25, 2021 - 08:00am to 11:44am MDT
Thu, Jun 10, 2021 - 12:00pm to 03:44pm MDT
Tue, Jun 22, 2021 - 08:00am to 11:44am MDT
Tue, Jul 06, 2021 - 12:00pm to 03:44pm MDT
Wed, Jul 21, 2021 - 08:00am to 11:44am MDT
Thu, Aug 12, 2021 - 12:00pm to 03:44pm MDT
Fri, Aug 20, 2021 - 08:00am to 11:44am MDT
Tue, Sep 07, 2021 - 12:00pm to 03:44pm MDT
Wed, Sep 29, 2021 - 08:00am to 11:44am MDT
Tue, Oct 12, 2021 - 12:00pm to 03:44pm MDT
Wed, Oct 27, 2021 - 08:00am to 11:44am MDT
Thu, Nov 04, 2021 - 12:00pm to 03:44pm MDT
Fri, Nov 19, 2021 - 08:00am to 11:44am MST
Mon, Dec 06, 2021 - 12:00pm to 03:44pm MST
Tue, Dec 21, 2021 - 08:00am to 11:44am MST

Additional Info

Basic Course Information

Advanced Preparation


Designed For

Accountants in public practice and industry.

Original Recording Date


Yellow Book


Course Developer

Galasso Learning Solutions

Date Added to Catalog



Prior experience with GAAP or GAAS.



Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints., (972-377-8199). 

Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Instructional Delivery Method

Group Internet Based

Course Registration Requirements

Online Registration

Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 



Overall:      4.6

Total Reviews: 49


Yang H

"This is a very good class. Thanks!"

West H

"Melissa is very easy to listen to and presents the material in an easy to understand way."

Shelton K

"One of the best instructors I have ever had - will definitely look for her in the future. Thanks!"

Vincent S - north mankato, Minnesota

"Good data, lots of it and coming fast. "

Please wait ...

Back to Top