Governmental Auditing Update Webcast [GAU]
Subject:
Time: 7:00am-11:00am
Credit Hours:
4.00Price:
Member: $160.00
Non-member: $240.00
Discussion Leader:
Melisa F. Galasso, CPAMelisa 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.
Full Description
Governmental Auditing Update Webcast (GAU)March 30th, 2023 / 7:00 am 11:00 am Alaska Time
Overview:
Get up to speed on the important changes to Yellow Book as well as Single Audits. During this course, Melisa Galasso will review the major changes auditors need to understand when performing audits under GAGAS (aka Yellow Book or Government Auditing Standards). Areas of focus include the updated independence requirements, form and organization of the guidance, as well as quality control. We will then switch gears and cover the Uniform Guidance to provide participants with the information they need to properly perform and document a Single Audit under the Uniform Grant Guidance. Well focus on considerations that will impact current audits including the most recent compliance supplement including a discussion of the impact of COVID on Single Audits. Attendees will review the new changes to the Uniform Guidance that were recently issued to help attendees be prepared for their single audits.
Major Topics:
- Yellow book
- Government auditing standards
Learning Objectives:
- Describe the changes to Yellow Book.
- Analyze how nonaudit services impact independence.
- Identify recently issued changes to the Uniform Guidance.
-Recall impact of COVID19 on Single Audits and GAGAS engagements.
Designed For: CPAs performing yellow book and uniform guidance audits.
CPE Credits: 4, Accounting & Auditing / Governmental
Level of Knowledge: Update
Prerequisite: Prior experience with GAGAS and uniform guidance.
Acronym: GAU
Discussion Leader: Melisa F. Galasso, CPA
