This course reviews accounting standards recently issued by the Government Accounting Standards Board (GASB) as well as those that will be effective in the near future.
Stay current with essential updates in nonprofit and government accounting. This course reviews recently issued and upcoming standards from the Government Accounting Standards Board (GASB), including their practical impact on financial reporting. You’ll also explore important Accounting Standards Updates (ASUs) affecting nonprofit entities, such as those related to revenue recognition, goodwill amortization, and the definition of a collection.
To wrap up, the course provides a high-level overview of recent changes to the Yellow Book. Designed for professionals responsible for nonprofit or governmental financial reporting and auditing, this course ensures you're prepared to meet compliance requirements with confidence.
CPA and Certified Professional in Talent Development
Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with over 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. 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. Melisa is the author of Money Matters for Nonprofits: How Board Members Can Harness the Power of Financial Statements by Understanding Basic Accounting which is available on Amazon or anywhere you purchase books online.
