2024 Accounting & Auditing Update
Total Credits: 4 including 2 Accounting - Technical, 2 Auditing- Technical
- Average Rating:
- 66
- Categories:
- ACPEN Industry Institute | Accounting and Auditing
- Faculty:
- Melisa F. Galasso
- Course Levels:
- Update
- Duration:
- 4 Hours
- License:
- Product Setting: Expires 30 day(s) after program date.
Description
The course will start off with a look at the Accounting Standard Updates (ASUs) issued by the FASB that will be effective in 2024 as well as those that may be great for early adoption. The course will also review year 2 issues in lease accounting including how to handle lease modifications. We'll then turn our attention from accounting to auditing where we will cover the audit standards coming down the pike including group audit and quality management.
Basic Course Information
Learning Objectives- 'Recognize changes to financial reporting effective in 2024
- Recall changes to the conceptual framework
- Identify the requirements for lease modification accounting
- Identify changes to the requirements for group audits
- Recall the impact of quality management on A&A practices
Major Subjects
- Leases
- Accounting Standards
- Tax Disclosures
- Quality Management
- Group Audits
Course Materials
Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase |
Accounting & Auditing Update Handout (2.5 MB) | Available after Purchase |
Faculty

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.
Dates
Thu, Apr 10, 2025 - 08:00am to 11:40am MDT
|
Sat, Apr 26, 2025 - 10:00am to 01:40pm MDT
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Additional Info
Basic Course Information
Prerequisites Prior experience with GAAS & GAAPAdvanced Preparation None
Designed For Accounting professionals
Original Recording Date 05/01/2024
Course Developer Galasso Learning Solutions LLC
Date Added to Catalog 1/22/2024
Yellow Book No
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (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: www.nasbaregistry.org
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 help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
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