CPE Webcasts

On Demand

Join Newsletter

CPE Webcasts

On Demand

Join Newsletter

Contact Us
Today's Date June 9, 2025
Auditing

Are you an auditor trying to stay up to date on what’s going on at the AICPA, GAO and OMB? Follow the GLS blog for auditing to learn more about the changes happening at the auditing standards board as well as governmental auditing.

Subscribe to Newsletter

If you are looking for more great content, consider our Webcast offerings for CPE credit.

galasso learning solutions logo
Q1 Quarter in Review

Q1 Quarter in Review

Apr 2, 2020

The first quarter of 2020 started much like any other first quarter of a the year. However, it didn’t end quite as normal. The impact of COVID really only started to come into play late in the quarter, as such, we expect the brunt of the impact to come in Q1. In the first quarter, the FASB was able to issue 4 final standards including the much awaited ASU 2020-04 addressing reference rate reform. GASB issued the 2020 Omnibus and the AICPA issued SSARS 25 and SAS 139. Time will only tell what the second quarter of 2020 will be. GLS hopes you are staying safe and healthy during these turbulent times!

read more
This Week in Accounting & Auditing

This Week in Accounting & Auditing

Mar 26, 2020

This week found our regulatory agencies working hard to address COVID-19. OMB expanded its administrative relief to entities impacted operationally by current conditions. The AICPA provided guidance on how to audit inventory when you can’t be on site. The SEC provided disclosure guidance to address COVID. GASB has indicated potential delays of two major standards in response to operational issues. FASB has worked with the federal agencies to address loan modifications and TDRs in light of banks helping customers dealing with COVID fallout. Standard setting may be on hold while they all take the time to address the current situation.

read more
OMB M-20-11: UG Administrative Relief when Directly Impacted by COVID-19

OMB M-20-11: UG Administrative Relief when Directly Impacted by COVID-19

Mar 19, 2020

OMB has issued administrative relief for those who receive federal financial assistance that is DIRECTLY RELATED to COVID-19. The GAQC has provided clarifying guidance on who the relief is directed to. We expect additional guidance for a broader subset of nonfederal entities due to operational issues in the near future. Universities are also impacted significantly by COVID-19 due to instructional disruption. The Department of ED has also provided guidance on the impact on student financial assistance. This blog reviews the major impacts of this OMB alert.

read more
SOP 20-1: Global Investment Performance Standards

SOP 20-1: Global Investment Performance Standards

Feb 6, 2020

The AICPA has issued an SOP to address when a practitioner reports under the new 2020 GIPS standards. As the standards were updated, effective January 1, 2020, the AICPA addressed the requirements that practitioners may use. SOPs are not authoritative. However, if a CPA does not follow this SOP they would need to show how they meet the requirements of the SSAEs and the SOP is designed to ensure compliance. The SOP is effective upon issuance.

read more
Proposed Changes to Uniform Guidance

Proposed Changes to Uniform Guidance

Jan 31, 2020

The Office of Management and Budget (OMB) has proposed changes to the Uniform Guidance (2 CFR, Part 200). The proposal takes into consideration the President’s Management Agenda, alignment with statutory requirements and clarifications. OMB is required to update the Uniform Guidance every five years. Comments are due by March 23, 2020 and must be submitted electronically to www.regulations.gov.

read more

Browse by Category

Accounting

Auditing

Ethics

Genuine Learning

Government

Newsletter

Non-Profit

Podcast

Publications

MONEY MATTERS

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.

Read Melisa's Newest Book

Connect With Us

Contact Us
Join Newsletter
galasso learning solutions logo

Disrupting the CPE industry by providing high quality, engaging, and up-to-date content that does more than check boxes, but provides a meaningful learning experience for CPAs.

About Us

Services

Who We Serve

Terms & Conditions | NASBA Policies

 

© 2025 Galasso Learning Solutions - All rights reserved
Have a Question?
Jaclyn Veno CPA | Auditing Level Training | CPE

Melisa Galasso, CPA, CSP, CPTD

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.