2025 Recorded Course Catalog

Bring your CPE catalog to life with Galasso Learning Solutions’ recorded course packages. Developed and delivered by industry experts, our engaging, high-quality A&A content features stories, analogies, and example real-world to create an impactful learning experience. Easily integrate our NASBA-compliant courses into your LMS and give your members the exceptional training they deserve.

GLS’s 2025 Catalog will be available by May 1, 2025 to support your upcoming CPE year.

Additional courses will be added throughout the year.

2025 Not-for-Profit Accounting & Auditing Update

This course provides a comprehensive update on the key developments impacting not-for-profit (NFP) accounting and auditing in 2025. While the FASB hasn’t recently issued NFP-specific standards, several Accounting Standard Updates (ASUs) will significantly affect nonprofit organizations. We’ll review these changes and their implications. We also explore the growing relevance of programmatic investments and their interplay with the Current Expected Credit Losses (CECL) standard, and examine the IFR4NPO initiative, a global project aimed at establishing universal financial reporting standards for nonprofits. On the auditing side, we’ll delve into the impact of the new quality management standards, impacting firms that provide attestation services, including compilations and reviews for nonprofits. This session will equip you with the insights needed to navigate these changes and stay compliant.

Upon completing this course, a learner will be able to:

  • Identify elements of the proposed IFR4NPO standards
  • Recall the impact of recent standard setting on programmatic investments
  • Recognize the impact of recent ASUs on nonprofit financial reporting
  • Recall the components of quality management in the 2024 Yellow Book
Tag: Recorded Content
CPE Credits: 3-Cr Webinar; (4-Cr QAS)
Program Level: Update
Instructor: Melisa F. Galasso
Qualifications: Yellow Book 24
Prerequisites: Prior experience with nonprofit accounting and auditing
Advanced Preparation: None
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.