Annual Update for Accountants and Auditors – Webcast Replay
Overview
This course will start with the Accounting Standard Updates effective in 2024 for public entities, private entities, and nonprofits. We’ll then switch our attention to the items coming down the pike, including a look at the projects identified by the FASB’s Invitation to Comment: Agenda Consultation. We’ll also review year 2 considerations for leases including modification accounting. Then we will switch gears, moving to the audit side of the house. We’ll review the impact of the changes to auditing group audits as well as the status of the AICPA’s quality management project management. This course will keep auditors up to date on the work of the ASB.
Highlights
- Accounting Standard Updates effective in 2024 for public entities, private entities, and nonprofits
- A look at the projects identified by the FASB's Invitation to Comment: Agenda Consultation
- Review year 2 considerations for leases including modification accounting
- Review the impact of the changes to auditing group audits as well as the status of the AICPA's quality management project management
- This course will keep auditors up to date on the work of the ASB.
Prerequisites
Prior experience with GAAS & GAAP
Designed For
CPAs and Accounting Professionals
Objectives
- Recall the impact of recently issued ASUs on financial reporting
- Describe the impact of recent SASes on audit engagements
- Identify the impact of the SQMSs on firms
Leader(s):
Leader Bios
Melisa Galasso, CEO, Galasso Learning Solutions LLC
Melisa F. 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 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), 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. In addition, Melisa authors the AICPA's State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.
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, 2018, and 2019. 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.
(3/19/21)
Non-Member Price $385.00
Member Price $310.00