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Live Webcast Replay

Not-for-Profit Accounting Update


Total Credits: 4 including 4 Accounting (Governmental) - Technical

Average Rating:
   91
Categories:
Accounting and Auditing |  ACPEN Industry Institute |  Yellow Book
Speaker:
Melisa F. Galasso
Course Levels:
Update
Duration:
4 Hour
License:

Dates



Description

This course reviews the latest developments affecting not-for-profit entities.  The course includes a deep dive into Revenue Recognition for Grants & Contracts and its interplay with Topic 606.  It will also provide an overview of what you need to consider in order to implement standards impacting nonprofit entities, including the definition of collections and goodwill amortization for nonprofits. Finally, this course will also cover FASB Accounting Standard Updates that will impact NFPs including reference rate reform, restricted cash, and leases.

Basic Course Information

Learning Objectives
  • Determine if a transaction is a contribution or exchange transaction
  • Identify ASU's impacting NFP entities
  • Define the term  collection
  • Describe lease accounting under Topic 842

Major Subjects
  • Governemental accounting
  • Not-for-profit accounting
  • Topic 606

 


Course Materials

Speaker

Melisa F. Galasso's Profile

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.

 


Additional Info

Basic Course Information

Advanced Preparation

None


Designed For

Professionals in the accounting industry.


Original Recording Date

5/22/20


Yellow Book

Yes


Course Developer

Galasso Learning Solutions


Date Added to Catalog

5/22/20


Prerequisites

Prior Experience with NFP financial reporting

 

 


Additional Information

Complaint Resolution Policy

Please 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. 


Reviews

5
4
3
2
1

Overall:      4.6

Total Reviews: 91

Comments

Ryan B

"Very informative and easy to follow"

Gary N

"Excellent presentation, I really like Melisa's presentations. Very informative, great delivery."

Paul S

" "

Lawrence W

"Great seminar and Melisa did a great job presenting the material."

Adam K

"Thank you again!"

Rose Q

"Excellent examples!"

Ronald S

" "

Melissa D - La Plata, Maryland

"I think Melissa was one of the best instructors that I have ever taken. She took complicated topics and made them understandable. I will ABSOLUTELY be looking for more of her courses in the future."

Kathleen P - Lansing, Michigan

"Speaker was excellent!"