Events Search
  Summary & Check Out (0)
Friday, January 3, 2025 Live Webcast

Not-for-Profit Accounting & Auditing Update (X4-5913259)

12:00 PM - 4:00 PM EST
webcast

Vendor Platform

4 CPE Credits in AA

OVERVIEW

The Not-for-Profit Advisory Committee has been busy discussing several projects that the FASB is working on and their impact on nonprofits. In this course, we will review the key issues and discussions from recent NAC meetings. We'll also take a look at ASUs issued by the FASB that may impact nonprofit financial statements. After a break, we then transition from accounting to auditing with a look at the common deficiencies found in nonprofit Yellow Book audits with a focus on CPE, reporting, and independence.

DESIGNED FOR

Accounting professionals

BENEFITS

  • Recall the impact of ASUs on nonprofit organizations 
  • Recall the activities of the nonprofit advisory committee 
  • Identify common deficiencies in Yellow Book Engagements 
  • Recall the independence requirements in Yellow Book

HIGHLIGHTS

  • CECL
  • NAC
  • Independence

COURSE LEVEL

Update

PREREQUISITES

Prior Experience with NFP financial reporting or auditing

ADVANCE PREPARATION

None

ADDITIONAL NOTES

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.

INSTRUCTOR

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.

PRICING

$129.00 - Member

$159.00 - Nonmember

Register Today


Note: Online pre-registration will close on January 3 at 11:30 AM.

ADDITIONAL OPTIONS

Remind me to register

Print a registration form

COURSE DEVELOPER

ACPEN

ALSO QUALIFIES FOR