2025 Annual Update for Governmental Accountants & Auditors
Total Credits: 6 including 3 Accounting (Governmental) - Technical, 3 Auditing (Governmental) - Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Industry Institute | Yellow Book | Accounting and Auditing
- Faculty:
- Melisa F. Galasso
- Course Levels:
- Update
- Duration:
- 6 Hours
- License:
- Expires 30 day(s) after program date.
Description
This comprehensive course provides the critical updates governmental accountants and auditors need to stay informed. We'll begin with a review of recent GASB standards, including compensated absences, asset disclosures, risk and uncertainty disclosures, and financial reporting model improvements. Participants will also gain insights into GASB's current projects, exposure drafts, and agenda progress to ensure they are up to date on what's ahead. For auditors, we'll cover key changes to governmental auditing standards, including the 2024 Yellow Book updates, the transition from quality control to quality management, and implementation timelines, with early adoption options. Single Audit updates will include the 2024 Uniform Guidance changes, the 2025 Compliance Supplement, GAO reports on improper payments and government fraud, the Financial Data Transparency Act (FDTA), and recent Department of Education guidance on related parties.
Basic Course Information
Learning Objectives- Recognize the impact of GASB 101 on accounting for compensated absences
- Recall changes to the financial reporting model
- Identify changes to disclosure requirements for certain assets and risks
- Recognize proposed changes to governmental GAAP
- Identify changes to single audits as a result of the 2025 Compliance Supplement
- Recognize the impact of the 2024 Uniform Guidance on Single Audits
- Identify the key findings in GAO's Improper Payments: Information on Agencies' Fiscal Year 2023 Estimates report (GAO-24-106927)
Major Subjects
- Single Audit Updates
- Auditing & Accounting
- Yellowbook
Course Materials
IMPORTANT CPE Credit Instructions Read Before Webcast Updated 2025 (434.2 KB) | 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
Fri, Jun 06, 2025 - 09:00am to 03:00pm CDT
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Wed, Jun 18, 2025 - 01:00pm to 07:00pm CDT
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Sat, Jun 21, 2025 - 10:00am to 04:00pm CDT
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Tue, Jul 15, 2025 - 09:00am to 03:00pm CDT
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Thu, Jul 24, 2025 - 01:00pm to 07:00pm CDT
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Tue, Aug 05, 2025 - 09:00am to 03:00pm CDT
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Thu, Aug 21, 2025 - 01:00pm to 07:00pm CDT
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Mon, Sep 22, 2025 - 01:00pm to 07:00pm CDT
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Wed, Sep 24, 2025 - 09:00am to 03:00pm CDT
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Mon, Oct 06, 2025 - 09:00am to 03:00pm CDT
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Tue, Oct 28, 2025 - 01:00pm to 07:00pm CDT
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Wed, Nov 12, 2025 - 09:00am to 03:00pm CST
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Tue, Nov 18, 2025 - 01:00pm to 07:00pm CST
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Mon, Dec 08, 2025 - 09:00am to 03:00pm CST
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Wed, Dec 17, 2025 - 01:00pm to 07:00pm CST
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Mon, Dec 29, 2025 - 09:00am to 03:00pm CST
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Thu, Jan 08, 2026 - 01:00pm to 07:00pm CST
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Mon, Jan 26, 2026 - 09:00am to 03:00pm CST
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Thu, Feb 12, 2026 - 01:00pm to 07:00pm CST
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Wed, Feb 18, 2026 - 09:00am to 03:00pm CST
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Thu, Mar 05, 2026 - 01:00pm to 07:00pm CST
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Tue, Mar 24, 2026 - 09:00am to 03:00pm CDT
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Fri, Apr 03, 2026 - 01:00pm to 07:00pm CDT
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Wed, Apr 22, 2026 - 09:00am to 03:00pm CDT
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Tue, May 05, 2026 - 01:00pm to 07:00pm CDT
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Thu, May 21, 2026 - 09:00am to 03:00pm CDT
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Additional Info
Basic Course Information
Prerequisites Prior experience with Governmental Accounting and AuditingAdvanced Preparation None
Designed For
Accounting Professionals
Original Recording Date 05/2025
Yellow Book Yes
Course Developer Galasso Learning Solutions
Date Added to Catalog 03/2025
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.