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Courses/Accounting & Tax/Not-For-Profit Accounting

Not for Profit Accounting & Auditing Update

Not-For-Profit entities and their auditors are challenged with many unique accounting issues

Created byMelisa Galasso
4.3
(22 reviews)
IntermediateUpdated Mar 6, 2024
Not for Profit Accounting & Auditing Update

What You'll Learn

check_circleApply ASU 2018-08 to grants and contracts in NFPs
check_circleIdentify recent accounting updates impacting nonprofits
check_circleUnderstand changes in auditing and attestation standards
check_circleNavigate updated OMB and Yellow Book requirements

About This Course

This course helps accounting professionals stay current with key updates affecting not-for-profit (NFP) financial reporting and auditing. You'll explore ASU 2018-08 and other important standards, plus recent changes in auditing rules and federal compliance (OMB/Yellow Book).

Your Instructor

Melisa Galasso
Melisa Galasso

CPA and Certified Professional in Talent Development

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star404 reviews

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.

Credit Information

What Students Are Saying

4.3
Student's Choice
22 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.