2024 Reference Rate Reform
Total Credits: 1 including 1 Accounting - Technical
- Average Rating:
- 4
- Categories:
- ACPEN Industry Institute | Accounting and Auditing | Yellow Book
- Speaker:
- Melisa F. Galasso
- Course Levels:
- Update
- Duration:
- 1 Hour
- License:
- Product Setting: Expires 30 day(s) after program date.
Description
At its height, LIBOR was the benchmark for over US $350 trillion in financial contracts worldwide. Yet, due to concerns over the manipulation of the rate, standard setters determined that LIBOR should be discontinued. The global response to reference rate reform required financial reporting standard setters to provide practical expedients and exceptions to current modification guidance. This course will provide an overview of the standards issued (including amendments) from both the FASB and GASB to address the transition away from LIBOR.
Basic Course Information
Learning Objectives- Recall the optional expedients for entities as a result of reference rate reform
Major Subjects
- Reference Rate Reform
- LIBOR
- SOFR
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase | ||
| Reference Rate Reform Handout (677.1 KB) | Available after Purchase | ||
Speaker
Melisa F. Galasso Related Seminars and Products
Founder and CEO
Galasso Learning Solutions LLC
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.
Dates
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Thu, Apr 10, 2025 - 07:00pm to 07:56pm EDT
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Sat, Apr 26, 2025 - 12:00pm to 12:56pm EDT
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Additional Info
Basic Course Information
Prerequisites Prior experience with GAAPAdvanced Preparation None
Designed For Accounting professionals
Original Recording Date 12/1/2023
Course Developer Galasso Learning Solutions LLC
Date Added to Catalog 1/22/2024
Yellow Book Yes
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
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