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Live Webcast Replay

2024 Annual Update for Governments and Not-for-Profits


Total Credits: 8 including 4 Accounting (Governmental) - Technical, 4 Auditing (Governmental) - Technical

Average Rating:
   25
Categories:
ACPEN Industry Institute |  Accounting and Auditing |  Yellow Book
Faculty:
Melisa F. Galasso
Course Levels:
Update
Duration:
8 Hours
License:
Product Setting: Expires 30 day(s) after program date.

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


Description

We kick off this course with a look at the GASB standards that are effective this year including GASB 100, Accounting Changes and Error Corrections and GASB 101, Compensated Absences.  We then move to the NFP side of the house with a look at the Accounting Standard Updates issued by the FASB that impacts nonprofit entities. Following that, we review the work of the Not-for-Profit Advisory Committee (NAC) and the projects they advise the FASB on. After the break, we will conduct a deeper dive into Yellow Book and Single Audit engagements. The course closes with a look at the significant changes in the 2024 Compliance Supplement, the changes to the Uniform Guidance and the common deficiencies identified by the federal agencies and peer reviewers. 

Basic Course Information

Learning Objectives
  • Recall changes to nonprofit and governmental accounting standards 
  • Identify key issues in governmental auditing

Major Subjects
  • Compensated Absences
  • Financial Reporting Model
  • 2024 Compliance Supplement
  • Yellow Book
  • Quality Management

Course Materials

Faculty

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.

 


Dates

Mon, Dec 23, 2024 - 10:00am to 05:39pm EST
Sat, Jan 04, 2025 - 12:00pm to 07:39pm EST
Thu, Jan 23, 2025 - 10:00am to 05:39pm EST
Thu, Feb 06, 2025 - 12:00pm to 07:39pm EST
Wed, Feb 19, 2025 - 10:00am to 05:39pm EST
Tue, Mar 11, 2025 - 12:00pm to 07:39pm EDT
Fri, Mar 28, 2025 - 10:00am to 05:39pm EDT
Thu, Apr 10, 2025 - 12:00pm to 07:39pm EDT
Sat, Apr 26, 2025 - 10:00am to 05:39pm EDT

Additional Info

Basic Course Information

Prerequisites Prior experience with GAGAS, Uniform Guidance and governmental and nonprofit accounting
Advanced Preparation None
Designed For Accounting professionals
Original Recording Date 05/01/2024
Course Developer Galasso Learning Solutions LLC
Date Added to Catalog 1/22/2024
Yellow Book Yes

Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (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: www.nasbaregistry.org


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 help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 


Reviews

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Overall:      4.8

Total Reviews: 25

Comments

Paul M

"Melisa Galasso was outstanding. Her knowledge level is impressive."