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

Leases

Leases

Leases Link: https://www.scacpa.org/leases/Organization: South Carolina Association of CPAsPublication: South Carolina CPA ReportPublication Date: May 12, 2023Author: Jaclyn Veno, CPA

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Handling Single Audits for Federal Coronavirus Funding

Handling Single Audits for Federal Coronavirus Funding

Handling Single Audits for Federal Coronavirus Funding Link: https://www.masc.sc/uptown/08-2021/handling-single-audits-federal-coronavirus-fundingOrganization: Municipal Association of South CarolinaPublication: UptownPublication Date: August/September 2021Author:...

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Economic Stimulus Spurring New Strains of Single Audits

Economic Stimulus Spurring New Strains of Single Audits

Economic Stimulus Spurring New Strains of Single Audits Link: https://www.tscpa.com/news/567-economic-stimulus-spurring-new-strains-of-single-auditsOrganization: Tennessee Society of CPAsPublication: TSCPA NewsPublication Date: August 5, 2021Author: Melisa F. Galasso,...

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Industry Collaboration Showcase

Our Team on Featured Podcasts

The Nonprofit MBA 2

The Nonprofit MBA 2

The Nonprofit MBA Podcast’s purpose is to provide new business insights and fresh creative ideas for Nonprofit Executive Directors and their teams that will help them improve their Nonprofit organizations.

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Association Chat

Association Chat

This podcast is a place for nonprofit leaders to gain insights, tips, inspiration, and encouragement to unleash their potential.

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The Nonprofit MBA

The Nonprofit MBA

The Nonprofit MBA Podcast’s purpose is to provide new business insights and fresh creative ideas for Nonprofit Executive Directors and their teams that will help them improve their Nonprofit organizations.

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The Audit Podcast

The Audit Podcast

On the show you can expect to hear from everyone: from the intern, to the IT audit director, CAE and audit committee members because all of their opinions are important. We’ll talk about integrating tech into audit, how to get quick wins, the latest SOX guidance and whatever other topics the guests want to talk about and whatever you want to hear about.

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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.

Newsletter July 2023

Newsletter July 2023

July 2023 saw notable developments in organizational activities. GASB issued Implementation Guide No. 2023-01, providing clarity on various topics like Short-Term Leases. AICPA & CIMA leaders expressed support for global sustainability standards, emphasizing climate-related risks. FAF released its 2022 Annual Report, highlighting milestones and standards. FAF also called for nominations to join FASAC, the advisory body to FASB. Meanwhile, FASB discussed comment letters and redeliberated on the proposed ASU for Segment Reporting, signaling potential updates in the future.

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Newsletter June 2023

Newsletter June 2023

In June 2023, standard setters were active with exposure drafts and approvals. FASB proposed an ASU to enhance accounting for purchased financial assets, addressing stakeholder feedback from ASU 2016-13 (CECL). AICPA’s PEEC released an exposure draft on defining public interest entities, aligning with IESBA. GASB approved a new Implementation Guide, covering topics like Short-Term Leases and Accounting Changes. Feedback deadlines for FASB and AICPA drafts are in August and September, respectively.

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Newsletter May 2023

Newsletter May 2023

In May 2023, significant developments emerged from standard setters. FASB issued an exposure draft aiming to standardize accounting for profits interests, inviting comments until July 10. They also addressed disclosure improvements aligning with the SEC’s simplification efforts. GASB added a major project on infrastructure assets to its technical agenda, evaluating recognition, measurement, and disclosure practices. AICPA released its fourth version of plans to enhance the accounting professional pipeline, emphasizing collaboration among stakeholders. NASBA extended the CPA exam eligibility window to 30 months based on score release date, accommodating feedback from over 850 comment letters.

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Newsletter April 2023

Newsletter April 2023

In April 2023, standard setters maintained a slower pace to accommodate firms wrapping up busy seasons. FASB held productive meetings, redeliberating joint venture formations and software cost disclosures, directing staff to draft updates. They also discussed agenda prioritization, adding a project on induced conversion guidance to the EITF agenda. GASB discussed the classification of nonfinancial assets, tentatively deciding on criteria for assets held for sale and factors for evaluating probable sales. AICPA’s Auditing Standards Board did not convene or issue drafts but scheduled a meeting for May 16-18.

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Newsletter March 2023

Newsletter March 2023

In March 2023, the FASB issued an exposure draft on cryptocurrency, and issued ASU 2023-01 on leases under common control arrangements an ASU 2023-02 on accounting for investments in tax credit structures using the proportional amortization method. AICPA released SAS No. 149 for audits of group financial statements. GASB didn’t issue new standards but accepted comments on proposed implementation guidance for GASB 96.

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Newsletter February 2023

Newsletter February 2023

In February 2023, the FASB affirmed changes to lease accounting for related parties and plans to issue the new ASU by the end of March. GASB issued an exposure draft on subscription-based IT arrangements. AICPA’s SAS 149 on group audits is imminent, targeting an effective date after December 15, 2026. Concerns arose over proposed legislation in Minnesota to lower CPA licensure credit hour requirements.

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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.