What's Going on at the FASB WEBCAST

Friday, February 11 11:00am - 3:00pm PST

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Your Desk

4.0 Credits

Member Price $129.00

Non-Member Price $159.00

Overview

This course will cover the Accounting Standards Updates (ASUs) issued recently by the FASB as well as those that will be effective soon. The course starts with ASU 2020-05, which delays the effective dates of revenue recognition and leases. We then review the standards effective for 2020 for public entities and private entities to ensure that attendees are aware of what changes are coming to financial statements this year. We will then turn our attention to a more detailed review of ASU 2016-02 and discuss how to implement Topic 842, Leases. We close with a review of standards that are coming down the pike. This course is intended to keep you up to date with what is going on at the FASB and perhaps help you consider whether 2020 is a good opportunity to early adopt some standards that will reduce cost and complexity.

Highlights

Accounting. FASB.

Prerequisites

Prior experience with GAAP.

Designed For

Practitioners and members in industry responsible for accounting and financial reporting

Objectives

Describe new ASUs issued by the FASB. Identify the key financial reporting changes of the leases standards. List standards that will be effective for 2020 calendar year ends. Recognize standards that will be effective in the near future.

Preparation

None.

Notice

None.

Leader(s):

Leaders

Melisa Galasso

4.52 stars out of 5

Melisa 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.

Get real-time A&A updates and answers from Melisa Galasso via the WSCPA’s A&A Today videos on YouTube!

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Non-Member Price $159.00

Member Price $129.00