Accounting & Auditing Update for Small Businesses



Accounting & Auditing Update for Small Businesses

Salepage : Accounting & Auditing Update for Small Businesses

Archive : Accounting & Auditing Update for Small Businesses

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This course will examine the recent activities of the Financial Accounting Standards Board (FASB) and will cover standards effective in the current year. We then switch gears and discuss standards issued by the Auditing Standards Board and the Accounting & Review Services Committees of the AICPA. Our focus is on the impact of the new standards and how you can prepare to implement them in a practical way.

Basic Course Information

Learning Objectives

  • Describe recently issued changes to US GAAP
  • Define a lease under Topic 842
  • Prepare an audit report compliant with SAS 134 and 136

Major Subjects

  • Recently issued Accounting Standard Updates (ASUs)
  • Leases; Financial instruments
  • The new auditors report (SAS 134)
  • Employee Benefit Plan Audits (SAS 136)
  • Materiality

Melisa 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 acconting and auditing topics, including not-for-profit and governmental accounting. She also supports essential professional development, audit level training, and train the trainer efforts. Melisa is 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. Within the industry, Melisa serves on the FASB’s Not-for-Profit Advisory Committee (NAC), AICPA Council, and the VSCPA’s Board of Directors. She previously served on the AICPA’s Technical Issues Committee (TIC) and is a past-Chair of the NCACPA’s A&A committee. Melisa also authors the AICPA’s State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.



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Accounting & Auditing Update for Small Businesses

$129.00 $25.00