October 19, 2023

Webinar

3 CPE

Webinar (AICPA): Impact of GASB Activities on State and local Government

October 19, 2023
Webinar
3 CPE

Webinar (AICPA): Impact of GASB Activities on State and local Government

  • View Bio

    Instructor

    Melisa
    Galasso

    View Bio

    Melisa Galasso, CPA

    Bio

    Melisa F. 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 accounting and auditing topics, including not-for-profit and governmental accounting.

    Her passion is providing high-quality CPE that is meaningful, creates efficiencies and improves quality, and positively impacts ROI. 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.

    She also 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.  In addition, Melisa authors the AICPA's State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.

    Melisa is a 2020 Enterprising Women of the Year Award recipient and was honored as a "40 under 40" by CPA Practice Advisor in 2017, 2018, and 2019. She was also named the 2019 Rising Star by her regional NAWBO chapter, received the Don Farmer award for achievement in technical content instruction, and earned several other awards for public speaking and technical training.

Brush up on new GASB standards Learn the new standards applicable to governmental accounting and reporting in this all-new webcast. Trust is at the core of the accounting and finance profession. To be successful in your role and maintain the public's trust, you'll need a solid understanding of the updated standards. Join us as we walk you through the Governmental Accounting Standards Board (GASB) standards and prepare for the future by exploring current GASB projects. Take home real-world information to help you unravel each new standard. Among other topics, we'll cover: - How GASB statements on financial reporting affect state and local governments - Steps to take in accounting for subscription-based IT arrangements - Steps to take in accounting for public-private and public-public partnership arrangements - Steps to take in accounting for compensated absences

Learning Objectives

· Identify the effect of GASB statements on accounting and financial reporting for state and local governments. · Identify steps taken in accounting for subscription-based information technology arrangements. · Recognize the approach used in accounting for public-private and public-public partnership arrangements. · Recall when a liability should be recorded for compensated absences.

Major Topics

· GASB statements issued · GASB projects · Subscription-based information technology arrangements · Public-private and public-public partnership arrangements. · Compensated absences

CPE Credits Available

3 CPE
3
Accounting (Governmental)

Things to Know About This Course

Course Level

  • Update

Prerequisites

Knowledge of accounting for transactions in governmental entities

Advanced Preparation

This webinar is produced by AICPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

· Preparers of government financial statements · Auditors of government financial statements · Users of government financial statements

Provider

AICPA - Durham

This event has ended.