Skip to main content
Not Found
Live Webcast Replay

What's Changing in A&A for Governmental Entities

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

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



Governmental accounting and auditing has many unique requirements. In this course, we will start off with a look at the recent changes in accounting as GASB has been very busy issuing standards impacting state and local governments. We will take a deeper dive into GASB 87, Leases by reviewing the impact for both lessees and lessors. We will also cover other standards effective this year impacting state and local governments including the recently renamed annual comprehensive financial report and reference rate reform. As we turn our attention to the auditing side of the house, we will look at the 2021 Technical Update and review the 2018 Yellow Book independence requirements. The course closes with a look at the Uniform Guidance including changes in the new compliance supplement as well as the impact of ARPA

Basic Course Information

Learning Objectives
  • Recall changes to lease accounting
  • Identify GASB standards effective this year
  • Describe independence rules under Yellow Book
  • Describe the impact of COVID19 on Single Audits

Major Subjects
  • Leases
  • 2018 Yellow Book
  • Uniform Guidance

Course Materials


Melisa F. Galasso's Profile

Melisa F. Galasso Related seminars and products

Founder and CEO

Galasso Learning Solutions LLC

Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with nearly 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical acconting and auditing topics, including not-for-profit and governmental accounting. 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. Within the industry, Melisa serves on the FASB’s Not-for-Profit Advisory Committee (NAC), AICPA Council, and the VSCPA’s Board of Directors. She previously served on the AICPA’s Technical Issues Committee (TIC) and is a past-Chair of the NCACPA’s A&A committee. Melisa also authors the AICPA’s State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.



Wed, Apr 05, 2023 - 07:30am to 11:18am MDT
Wed, Apr 05, 2023 - 12:00pm to 03:48pm MDT
Fri, Apr 21, 2023 - 10:00am to 01:48pm MDT

Additional Info

Basic Course Information


Prior experience with accounting or auditing of governmental entities

Advanced Preparation


Designed For

Ideal for practitioners and members in industry responsible for accounting and financial reporting for governmental entities

Original Recording Date


Course Developer

Galasso Learning Solutions LLC

Date Added to Catalog


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:      4.7

Total Reviews: 56


Alan P

" "

Bonnie W

"Lots of great info. Thank you for all of the extra email resources and links you provided."

Racquel F

"Good course and great and knowledgeable speaker"

Please wait ...

Back to Top