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Wednesday, March 11, 2026 Live Webcast

2025 A&A Update With Technology Implementation (X2-59502)

10:30 AM - 2:30 PM EDT
webcast

Vendor Platform

4 CPE Credits in AA

OVERVIEW

Stay informed and prepared with this comprehensive annual update on the latest developments in accounting and auditing. We'll begin with a deep dive into the Accounting Standards Updates (ASUs) effective in 2025, followed by insights from the FAF's 2024 PCC Review and an overview of FASB's Invitation to Comment - Agenda Consultation, which will shape the future of accounting standards.

DESIGNED FOR

Accountants and Auditors

BENEFITS

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

  • Recognize the impact of Accounting Standards Updates effective in 2025 on financial reporting.
  • Recall the changes made to PCC processes as a result of the 2024 PCC Review.
  • Identify potential topics identified by advisory groups in the FASB's ITC agenda consultation.
  • Identify the components of quality management.
  • Recall deficiencies identified by the DOL for EBP audits.Recall key projects of the Auditing Standards Board.

HIGHLIGHTS

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

  • Deep dive into the Accounting Standards Updates (ASUs) effective in 2025.
  • Insights from the FAF's 2024 PCC Review.
  • Overview of FASB's Invitation to Comment - Agenda Consultation.
  • The essential changes in quality management standards that firms must implement by the end of 2025.
  • Common deficiencies identified by the DOL in EBP (Employee Benefit Plan) engagements and provide a peek at upcoming projects from the Auditing Standards Board (ASB).

COURSE LEVEL

Update

PREREQUISITES

Prior experience with GAAP & GAAS

ADVANCE PREPARATION

None

INSTRUCTOR

Melisa Galasso

Melisa F. Galasso, CPA, CSP, CPTD, CGMA
(4.5)

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.