What You Need to Know
This course provides a practical review of recent updates to the Yellow Book and Single Audit requirements. You’ll learn about key changes in Government Auditing Standards (GAGAS), including updated independence rules, reorganized guidance, and quality control expectations. The course also covers best practices for documenting and performing Single Audits under the Uniform Grant Guidance.
We’ll examine the 2019/20 Compliance Supplement, highlight common audit deficiencies, and review internal control and compliance areas that require special attention. We’ll also explore proposed changes to the Uniform Guidance to help you stay ahead of upcoming shifts in requirements.
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.
