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Live Webcast Replay

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.

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


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

Faculty

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.

 


Dates

Fri, Jun 06, 2025 - 09:00am to 03:00pm CDT
Wed, Jun 18, 2025 - 01:00pm to 07:00pm CDT
Sat, Jun 21, 2025 - 10:00am to 04:00pm CDT
Tue, Jul 15, 2025 - 09:00am to 03:00pm CDT
Thu, Jul 24, 2025 - 01:00pm to 07:00pm CDT
Tue, Aug 05, 2025 - 09:00am to 03:00pm CDT
Thu, Aug 21, 2025 - 01:00pm to 07:00pm CDT
Mon, Sep 22, 2025 - 01:00pm to 07:00pm CDT
Wed, Sep 24, 2025 - 09:00am to 03:00pm CDT
Mon, Oct 06, 2025 - 09:00am to 03:00pm CDT
Tue, Oct 28, 2025 - 01:00pm to 07:00pm CDT
Wed, Nov 12, 2025 - 09:00am to 03:00pm CST
Tue, Nov 18, 2025 - 01:00pm to 07:00pm CST
Mon, Dec 08, 2025 - 09:00am to 03:00pm CST
Wed, Dec 17, 2025 - 01:00pm to 07:00pm CST
Mon, Dec 29, 2025 - 09:00am to 03:00pm CST
Thu, Jan 08, 2026 - 01:00pm to 07:00pm CST
Mon, Jan 26, 2026 - 09:00am to 03:00pm CST
Thu, Feb 12, 2026 - 01:00pm to 07:00pm CST
Wed, Feb 18, 2026 - 09:00am to 03:00pm CST
Thu, Mar 05, 2026 - 01:00pm to 07:00pm CST
Tue, Mar 24, 2026 - 09:00am to 03:00pm CDT
Fri, Apr 03, 2026 - 01:00pm to 07:00pm CDT
Wed, Apr 22, 2026 - 09:00am to 03:00pm CDT
Tue, May 05, 2026 - 01:00pm to 07:00pm CDT
Thu, May 21, 2026 - 09:00am to 03:00pm CDT

Additional Info

Basic Course Information

Prerequisites Prior experience with Governmental Accounting and Auditing
Advanced 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 Policy

Please 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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