Thought Leadership Showcase

GLS Provides a Variety of Thought Leadership from Podcasts, to Publications and our Monthly Newsletter.

At GLS, we proudly collaborate with diverse partners to share a wealth of knowledge across various platforms. Our monthly newsletter offers readers insights into the latest happenings in the profession. We join forces with state societies and other associations to contribute to journal publications covering various technical topics. GLS has also been featured on numerous podcasts, adding another dimension to our thought leadership. Explore our content below.

Contact us if you are interested in further thought leadership collaborations with GLS.

AWARDS & RECOGNITION

  • Fast 50 Honoree, Charlotte Business Journal (Ranked #30) (2022)
  • Top 50 Women in Accounting Awards, Ignition (2021)
  • Enterprising Women of the Year Award (2020)
  • Rising Star Award, National Association of Women Business Owners (2019)
  • Outstanding Professional Speaker, NCACPA (2019)
  • 50 Most Influential Women, Mecklenburg Times (2016, 2019)
  • 40 Under 40, CPA Practice Advisor (2017, 2018, 2019)
  • Outstanding Discussion Leader, AICPA (2016, 2017, 2018)
  • 5.0 Speaker, NCACPA (2015, 2016, 2017)
  • Don Farmer Award, NCACPA (2016)
  • Top 5 Under 35, VSCPA (2016)
  • Women to Watch Emerging Leader, NCACPA (2013)
  • Super CPA, Virginia Business Magazine (2007)

Features

Latest Publications

Overview of the New Quality Management Standards

Overview of the New Quality Management Standards

Overview of the New Quality Management Standards Link: https://njcpa.org/stayinformed/news/njcpamag/issues/spring-2024Organization: New Jersey Society of CPAsPublication: New Jersey CPA MagazinePublication Date: Spring 2024Author: Jaclyn Veno, CPA

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Accounting Standards Effective This Year

Accounting Standards Effective This Year

The issuance of new ASUs by the FASB is part of what makes the accounting profession so exciting! These ASUs are responsive to stakeholder feedback that the FASB has received over the years and ensure the Accounting Standards Codification stays relevant with an ever-changing world. In 2023, there were various ASUs that became effective and have impacted public, private, and not-for-profit entities.

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Industry Collaboration Showcase

Our Team on Featured Podcasts

Nonprofit Hub Rado

Nonprofit Hub Rado

Nonprofit Hub Rado Whether starting a nonprofit or taking an existing cause to the next level, The Nonprofit Hub Radio Podcast is about breaking down how nonprofits can grow. Each episode features an interview with a sector star with insight, stories, or ideas that...

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Nonprofit Vision with Gregory Nielsen

Nonprofit Vision with Gregory Nielsen

Nonprofit Vision with Gregory Nielsen presents informative and entertaining conversations spotlighting critical issues in nonprofit leadership and the visionaries who are addressing them.

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Your Path to Nonprofit Leadership

Your Path to Nonprofit Leadership

Your Path to Nonprofit Leadership
Looking for your next nonprofit job? Want to lead a nonprofit organization? Patton brings the best in professional development and career planning to each episode of the nationally acclaimed Your Path to Nonprofit Leadership podcast. The show features nonprofit leaders and content experts from around the world, with a new episode released every Thursday!

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The Nonprofit MBA

The Nonprofit MBA

In this podcast, Melisa Galasso and Stepehen Halasnik from Financing Solutions discuss the importance of financial statement knowledge for nonprofit board members.

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Industry Insights

Newsletter Archive

Interested in important A&A updates, must-read current events from around the profession, and links to the latest GLS video blogs? You’ve come to the right place. Explore our past newsletters, and make sure to sign up for our mailing list to stay in-the-know! To ensure you receive our emails, add the “galassolearningsolutions.com” domain to your email program’s safe sender list.

April 2024 Newsletter

April 2024 Newsletter

April saw limited activity from standard setters. The FASB made appointments to committees, including the Investor Advisory Committee and the Small Business Advisory Committee. Additionally, the Emerging Issues Task Force (EITF) welcomed new members. The FASB’s Private Company Council (PCC) discussed potential research areas, such as debt modifications and lease accounting simplifications. GASB planned to review a draft of the final post-implementation review report for Statements No. 67 and No. 68 on May 6. Overall, April was marked by committee appointments and preliminary discussions on accounting topics.

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March 2024 Newsletter

March 2024 Newsletter

March brought significant updates to the accounting world. The FASB issued ASU 2024-01 and ASU 2024-02, Jackson M. Day was appointed FASB’s Technical Director, the 2024 ACFE Report to the Nations was released and the SEC adopted a rule for climate-related disclosures. Read more in our March 2024 newsletter.

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February 2024 Newsletter

February 2024 Newsletter

February 2024 was a quiet month, with no new standards but insightful meetings. The FASB delved into hedge accounting improvements on February 7, addressing feedback on proposed amendments. Discussions included identifying risk components in cash flow hedges and hedging variable risk components. On February 28, the FASB discussed profit interest awards and began redeliberation on the Purchased Financial Assets Project. The GASB remained relatively inactive, with upcoming discussions in March. The AICPA’s PEEC focused on various hot topics, aiming for convergence with the IESBA.

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January 2024 Newsletter

January 2024 Newsletter

In January, the FASB appointed new members to its Not-for-Profit Advisory Committee (NAC) and the GASB issued Statement 102, Certain Risk Disclosures. The NAC welcomed six new members for a four-year term. GASB’s Statement 102 aims to enhance risk disclosure in government financial statements, effective for fiscal years starting after June 15, 2024. Additionally, anticipation builds for the release of the new Yellow Book and the 2024 Compliance Supplement in the coming months.

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Newsletter December 2023

Newsletter December 2023

December 2023 saw significant activity from the FASB, including the issuance of two new ASUs and a proposed ASU on convertible debt instruments. ASU 2023-08 addresses crypto asset accounting and disclosure, effective for fiscal years starting after December 15, 2024. ASU 2023-09 enhances income tax disclosures, with effective dates varying by entity type. The FASB also proposed an ASU to clarify convertible debt instrument settlements. Additionally, the AICPA commented on sustainability assurance standards, and PEEC released a new interpretation on public interest entities, aligning with IFAC requirements.

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Newsletter November 2023

Newsletter November 2023

In November 2023, the FASB issued ASU 2023-07, enhancing segment reporting disclosures to include significant expenses regularly provided to decision-makers. Public entities must report this information for annual periods starting after December 15, 2023. The FASB also appointed Hillary H. Salo as a new board member and reappointed Susan M. Cosper. Additionally, the AICPA adopted revised Statements on Standards for Tax Services, effective January 1, 2024, introducing a new organizational structure and three new standards focusing on data protection, tool reliance, and client representation before tax authorities.

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Connect and learn more with GLS

OTHER GALASSO LEARNING SOLUTIONS OFFERINGS

Genuine Learning Newsletter

The Genuine Learning Newsletter keeps you up to date about what you need to know in the accounting profession.  The newsletter will arrive in your inbox on the last day of the month (and occasionally when an important announcement is made). Inside, you'll find insights into recent standard settings activity, updates on GLS activities, and a collection of links to keep you abreast of crucial developments in the industry.

Genuine Learning Blog

Don't miss the Genuine Learning Blog, a video series designed to keep you well informed of the latest developments in the CPA profession. The blog is packed with essential updates as well as insightful industry analyses to keep you informed. Our exclusive videos are a go-to resource for those trying to stay ahead in the ever-evolving accounting profession.

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.