What's Going on at the FASB (2024)
4.00 Credits
Member Price $149
Non-Member Price $169
Overview
The course will start with the Accounting Standard Updates effective in 2024 for public entities, private entities, and nonprofits. We will also review year 2 implications of the leases standard including modification accounting. We will then switch our attention to the items coming down the pike, including a look at the projects identified by the FASB’s Invitation to Comment: Agenda Consultation. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Highlights
The major topics that will be covered in this course include:
- Accounting Standard Updates effective in 2024 for public entities, private entities, and nonprofits.
- Review year 2 implications of the leases standard including modification accounting.
- A look at the projects identified by the FASB's Invitation to Comment: Agenda Consultation.
Prerequisites
Prior experience with GAAP
Designed For
Practitioners and members in industry responsible for accounting and financial reporting.
Objectives
- Identify the impact of ASUs that are effective in 2024 on financial reporting
- Describe the impact of the lease modification on financial reporting
- Identify FASB ASUs that will be effective after 2024
Preparation
None
Leader(s):
Leader Bios
Melisa Galasso, Galasso Learning Solutions
Melisa Galasso, CPA 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. She also supports essential professional development, audit level training, and train the trainer efforts. Melisa is a Certified Speaking Professional (CSP), 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) and AICPA Council. 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. Melisa also authors the Money Matters for Nonprofits and serves as a SME for the Center for Plain English Accounting.
Non-Member Price $169
Member Price $149