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Live Webcast Replay

Accounting & Auditing Update

Total Credits: 4 including 3 Accounting - Technical, 1 Auditing- Technical

Average Rating:
Accounting and Auditing |  ACPEN Industry Institute
Melisa F. Galasso
Course Levels:
4 Hours
Product Setting: Expires 30 day(s) after program date.

Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


This course will cover what's going on at both the FASB and AICPA by reviewing the standards effective this year. We'll start with a review of the Accounting Standards Updates (ASUs) issued by the FASB that will be effective this year including a deep dive into Topic 842, Leases. The course will address those standards that will be effective for both public and private entities in 2022. We'll then turn our attention to the audit side of the house with a focus on SAS 142 which is effective this year.

This course is a great way to overview all the A&A standards effective this year.

Basic Course Information

Learning Objectives
  • Recognize changes to financial reporting effective in 2022
  • Recall the definition of a lease under Topic 842
  • Identify changes to the requirements for audit evidence

Major Subjects
  • Leases
  • FASB Update
  • Audit Evidence

Course Materials


Melisa F. Galasso's Profile

Melisa F. Galasso Related Seminars and Products

Founder and CEO

Galasso Learning Solutions LLC

Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with nearly 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical acconting 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.



Thu, Apr 25, 2024 - 09:00am to 12:50pm AKDT
Sat, Apr 27, 2024 - 05:00am to 08:50am AKDT

Additional Info

Basic Course Information


Prior experience with GAAP or GAAS

Advanced Preparation


Designed For

Ideal for accountants in public practice and industry

Original Recording Date


Yellow Book


Course Developer

Galasso Learning Solutions

Date Added to Catalog


Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints., (972-377-8199). 

Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Instructional Delivery Method

Group Internet Based

Course Registration Requirements

Online Registration

Refund/Cancellation Policy

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



Overall:      4.6

Total Reviews: 138


Kenneth B

"Very good class!"

Todd M - Grosse Ile, Michigan

"Great Job! "

Marvin O

"Good program. Well satisfied."

Brandon K - Anchorage, Alaska

"Great pace and good information provided, relevant and learned a few things."

Jeremy C

" "

David H

"Thank you again for the excellent presentation."