2024 Annual Update for Accountants & Auditors
8.00 Credits
Member Price $239
Non-Member Price $259
Overview
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. We’ll also review year 2 considerations for leases including modification accounting. Then we will switch gears, switching to the audit side of the house. We’ll review the impact of the changes to auditing group audits as well as the status of the AICPA’s quality management project management. This course will keep auditors up to date on the work of the ASB. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Highlights
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.
Prerequisites
Prior experience with GAAS & GAAP
Designed For
Accountants in public practice and industry
Objectives
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.
Preparation
None
Leader(s):
Leader Bios
Melisa Galasso, Galasso Learning Solutions
Melisa Galasso, CPA 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 accounting 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 Speaking Professional (CSP), 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) and AICPA Council. She previously served on the AICPA’s Technical Issues Committee (TIC), the VSCPA’s Board of Directors and is a past-Chair of the NCACPA’s A&A committee. Melisa also authors the Money Matters for Nonprofits and serves as a SME for the Center for Plain English Accounting.
Non-Member Price $259
Member Price $239