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Live Webcast Replay

2024 Not-for-Profit Accounting & Auditing Update


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

Average Rating:
   46
Categories:
ACPEN Industry Institute |  Accounting and Auditing |  Yellow Book
Faculty:
Melisa F. Galasso
Course Levels:
Update
Duration:
4 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

The Not-for-Profit Advisory Committee has been busy discussing several projects that the FASB is working on and their impact on nonprofits. In this course, we will review the key issues and discussions from recent NAC meetings. We'll also take a look at ASUs issued by the FASB that may impact nonprofit financial statements. After a break, we then transition from accounting to auditing with a look at the common deficiencies found in nonprofit Yellow Book audits with a focus on CPE, reporting, and independence.

Basic Course Information

Learning Objectives
  • Recall the impact of ASUs on nonprofit organizations 
  • Recall the activities of the nonprofit advisory committee 
  • Identify common deficiencies in Yellow Book Engagements 
  • Recall the independence requirements in Yellow Book

Major Subjects
  • CECL
  • NAC
  • Independence

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

Sat, Dec 28, 2024 - 10:00am to 01:38pm EST
Fri, Jan 03, 2025 - 12:00pm to 03:38pm EST
Mon, Jan 20, 2025 - 02:00pm to 05:38pm EST
Mon, Feb 10, 2025 - 04:00pm to 07:38pm EST
Thu, Feb 27, 2025 - 07:00pm to 10:38pm EST
Sat, Mar 15, 2025 - 12:00pm to 03:38pm EDT
Mon, Mar 31, 2025 - 02:00pm to 05:38pm EDT
Fri, Apr 04, 2025 - 04:00pm to 07:38pm EDT
Wed, Apr 23, 2025 - 10:00am to 01:38pm EDT

Additional Info

Basic Course Information

Prerequisites Prior experience with nonprofit financial reporting and GAGAS
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

5
4
3
2
1

Overall:      4.8

Total Reviews: 46

Comments

Sherri C

"Good presentation."

Dan T

"Very good like most of her courses. Pace was appropriate for volume of info discussed (not too fast or glossed overs)."

Jennifer B

"Very comprehensive"

Nadia V

"Melissa is amazing knowledgeable speaker. The course was very informative."