Quality Management FAQs from the GAO
Unlock insights from the GAO’s latest guidance on quality management systems in government auditing with Alex Romero from Galasso Learning Solutions. This video covers key FAQs, effective implementation dates, risk assessment, monitoring, and engagement quality reviews—plus practical takeaways and training resources for audit professionals. Perfect for CPAs seeking actionable, up-to-date advice on maintaining compliance with the 2024 Yellow Book.
2025 Year In Review
Get a comprehensive recap of 2025’s key accounting and auditing updates in this Genuine Learning Blog episode. Melisa Galasso reviews major changes from FASB, GASB, and other standard-setters, explains notable issued standards, and shares what’s on the agenda for 2026. Perfect for CPAs and professionals seeking actionable insights and practical continuing education.
What Is NASBA’s Latest ITC About?
Discover the latest updates from NASBA on alternative practice structures and private equity in CPA firms with GLS’s Genuine Learning Blog. Jaclyn Veno breaks down NASBA’s new Invitation to Comment, exploring key topics like independence, disclosure, and regulatory oversight for Boards of Accountancy. Stay informed and ahead with practical insights for CPAs and firm leaders.
FASB’s Post-Implementation Review of Leases (Topic 842)
Explore FASB’s post-implementation review of the Leases (Topic 842) standard with Melisa Galasso in this Genuine Learning Blog episode. Get insights on the impact, benefits, and ongoing costs of lease accounting changes for public and private entities, and discover lessons learned to improve future standard setting.
Quality Management & Ethics: Breaking Down the AICPA’s Latest Code Revisions
Dive into the latest updates from the AICPA with Galasso Learning Solutions! In this episode, Alex Romero breaks down the recent revisions to the Professional Code of Ethics, focusing on how terminology changes will align the standards with modern quality management practices. Learn what’s new, what’s staying the same, and how these updates impact your firm’s compliance—just in time for the December 15, 2025 deadline. Perfect for CPAs and audit professionals seeking clear, actionable insights on quality management and ethics.
What’s Changing in CPE? NASBA’s Proposed Standards Explained
Stay ahead of the curve with insights on NASBA’s proposed CPE standards revisions. Frank Galasso from Galasso Learning Solutions breaks down key changes, what they mean for CPAs and CPE providers, and how to prepare for the future of continuing professional education. Discover how updated principles, flexible credit increments, and new engagement requirements are shaping quality CPE.
Tax Advisory Work & Independence – Take 2
In this episode of the Genuine Learning Blog, Melisa Galasso breaks down the newly revised interpretation of tax advisory services and independence from the AICPA. Following public feedback, PEAK has shifted from a rigid “more likely than not” threshold to a more flexible, principles-based approach, allowing CPAs to use professional judgment based on facts and circumstances. Melisa Galasso also clarifies routine tax prep versus advisory services and highlights the importance of submitting comments by December 15, 2025, to help shape this evolving standard.
FASB Issues Exposure Draft on Paid-In-Kind Dividends
Stay up to date with GLS! In this episode, Jaclyn Veno breaks down the latest FASB exposure draft on paid-in-kind dividends for equity-classified preferred stock. Learn what paid-in-kind dividends are, why this new guidance is important, key details from the proposed amendment, and how the changes could impact your accounting practices. Perfect for CPAs seeking practical insights and timely updates on current FASB developments.
Disclaimer: The information contained within this blog is provided for informational purposes only. Viewing this material does not qualify for CPE credit. Additionally, this general knowledge is not intended to substitute for obtaining accounting, legal, or financial advice from a professional accountant with specific knowledge of your organization. Finally, watching this blog and/or subscribing to the newsletter do not create an accountant-client relationship.











