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Wednesday, May 22, 2024 Live Webcast

2024 Annual Update for Accountants & Auditors (X2-46394)

9:00 AM - 5:00 PM EDT

Vendor Platform

8 CPE Credits in AA


This course will start with the Accounting Standard Updates effective in 2024 for public entities, private entities, and nonprofits. We'll then switch our attention to the items coming down the pike, including a look at the projects identified by the FASB's Invitation to Comment: Agenda Consultation.


Accountants in public practice and industry


After attending this presentation, you will be able to...

  • Recall the impact of recently issued ASUs on financial reporting.
  • Analyze the impact of recent SASes on audit engagements.
  • Identify the impact of the SQMSs on firms.


    The major topics that will be covered in this course include:

    • Accounting Standard Updates
    • Projects identified by the FASB's Invitation to Comment: Agenda Consultation.
    • Year 2 considerations for leases including modification accounting.
    • The impact of the changes to auditing group audits
    • The status of the AICPA's quality management project management.
    • The current work of the ASB.




    Prior experience with GAAS & GAAP




Melisa Galasso

Melisa F. Galasso, CPA, CSP, CPTD, CGMA

CEO & Founder

Melisa is the founder and CEO of Galasso Learning Solutions LLC. A CPA with nearly 20 years of accounting experience, Melisa designs and facilitates CPE courses in advanced technical accounting and auditing, including not-for-profit and governmental accounting. She 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. She serves on the Financial Accounting Standards Board's (FASB) Not-for-Profit Advisory Committee (NAC), American Institute of CPAs' (AICPA) Council, and the Virginia Society of CPAs' (VSCPA) Board of Directors. She was on the AICPA’s Technical Issues Committee (TIC) and is a past chair of the North Carolina Association of CPAs' (NCACPA) A&A committee. Melisa authors the AICPA’s State and Local Government Guide and is an SME for the Center for Plain English Accounting. She was a 2020 Enterprising Women of the Year Award recipient and a CPA Practice Advisor “40 under 40” in 2017, 2018 and 2019. She was a 2019 Rising Star by her regional National Association of Women Business Owners' (NAWBO) chapter and won the Don Farmer Award for technical content instruction.