Accounting & Auditing Update for Small Businesses Webcast [AASB]

Dec 6, 2022
Time: 7:00am-11:00am


Accounting & Auditing

Credit Hours:



Member: $160.00
Non-member: $240.00

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Discussion Leader:

Melisa F. Galasso, CPA    more info

Melisa F. Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with over 15 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 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), the AICPA’s Technical Issues Committee (TIC), has had leadership roles on various A&A committees, and serves on the VSCPA’s Board of Directors.

Melisa is a 2020 Enterprising Women of the Year Award recipient and was honored as a “40 under 40” by CPA Practice Advisor in 2017 and 2018. 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.

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Website registration for this course closes on December 5, 2022. To register after this date please contact the society at or 907-562-4334.

Full Description

Accounting & Auditing Update for Small Businesses Webcast (AASB)

December 6th, 2022 / 7:00 am 11:00 am Alaska Time

During this course, Melisa Galasso will look at the recent activities of the FASB, the Auditing Standards Board (ASB), and Accounting & Review Services Committee (ARSC) that impact small businesses. We will discuss the impact of the new standards and how you can prepare to implement them in a practical way. The course also includes a deep dive into private company reporting with a look at the Private Company Council as well as the AICPA Financial Reporting Framework for Small & Medium Entities (FRF-SME). This course is tailored to focus on topics primarily impacting smaller entities and thus it does not cover some of the more complex accounting requirements not commonly found in smaller entities.

Major Topics:
- New standards that impact small business.

Learning Objectives:
- Identify accounting standards impacting small business financial reporting.
- Describe how audit standards will impact the audits of small businesses.
-Identify reporting options for small businesses.

Designed For: Accountants in public practice and industry.

CPE Credits: 4, Accounting & Auditing

Level of Knowledge: Update

Prerequisite: Prior experience with US GAAP or GAAS.

Acronym: AASB

Discussion Leader: Melisa F. Galasso, CPA