Do you work for or with governmental entities? This channel will keep you up to date with all things governmental accounting and auditing. We’ll focus on the projects of the GASB, GAO and OMB so you know what is changing for governmental entities.
Explore Melisa Galasso’s overview of GASB’s Voluntary Digital Financial Reporting Memo, highlighting the project’s aim to modernize and digitize governmental financial reports through a standardized taxonomy. Learn how these efforts can enhance searchability, data extraction, and research capabilities in governmental accounting.
Explore the proposed 2026 changes to Uniform Guidance, including new regulatory updates, enhanced transparency and accountability measures, clarified definitions, cybersecurity requirements, and implications for grant recipients and auditors. Learn what these updates could mean for compliance and how to prepare for the evolving federal grant landscape.
Explore GASB’s discussion memo on the structure of GAAP with Melisa Galasso as she breaks down the proposal to move toward a single authoritative source for governmental accounting standards, compares the current dual authority model with FASB’s codification approach, and highlights key stakeholder feedback and upcoming changes.
Explore the latest GASB exposure draft on infrastructure assets with Melisa Galasso as she breaks down proposed amendments to GASB 34, clarifies definitions, outlines new disclosure requirements, and highlights actionable insights for improving financial reporting consistency in governmental accounting.
Explore the ASB Strategic Plan 2026-2030 with GLS. Discover key initiatives, upcoming challenges, and actionable insights shaping the future of audit standards for CPAs seeking impactful, high-quality 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.
