Are you interested in what’s going on at the FASB and GASB? Then this section of the blog is for you. We’ll look at the active projects of these financial reporting standard setters and maybe a few other interesting topics that are important for CPAs!
Explore the AICPA’s Profession Ready Initiative with GLS! In this post, we break down how the initiative aims to transform CPA talent by identifying and closing early career skills gaps. Discover insights from the RISE 2040 project, learn about the advisory board’s diverse expertise, and find out how upcoming resources will support your professional growth. Perfect for firms, organizations, and early-career CPAs looking to stay ahead in an evolving profession.
Stay informed on the latest AICPA updates with our in-depth overview of the new Technical Questions and Answers (TQA) for FASB ASC 740, covering the financial reporting implications of the One Big Beautiful Bill Act (OB3). In this Genuine Learning Blog post, Jaclyn Veno breaks down key guidance on interim reporting, tax disclosures, and how OB3 affects the new requirements under ASU 2023-09. Perfect for CPAs, accounting professionals, and firm leaders looking for actionable, learner-focused insights to stay compliant and ahead of industry changes. Discover how Galasso Learning Solutions can help you navigate evolving standards with practical, up-to-date education.
Discover the latest insights from the AICPA & CPA.com Audit Transformation Report in this Genuine Learning Blog recap. Jaclyn Veno breaks down five key themes shaping audit modernization, highlights barriers firms face, and shares actionable strategies for improving audit quality, efficiency, and client experience. Stay ahead with practical takeaways for your firm’s transformation journey.
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.
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.
FOR NONPROFITS
Money Matters for Nonprofits demystifies financial statements and basic accounting, empowering nonprofit board members to better advise their organizations and make an even greater difference in the world.
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 Speaking Professional, 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 AICPA’s Women’s Initiative Executive Committee (WIEC). She also serves as a Subject Matter Expert for the Center for Plain English Accounting. 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. In addition, Melisa is the author of Money Matters for Nonprofits: How Board Members Can Harness the Power of Financial Statements by Understanding Basic Accounting which is available on Amazon or anywhere you purchase books online.
Melisa received a Top 50 Women in Accounting Award in 2021 by Ignition, 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.
