2025 Annual Update for Governments & Not-for-Profits
2025 Annual Update for Governments & Not-for-Profits
CPE Credit:
8
Overview
Description:
We kick off this course with a look at the GASB standards that are effective this year including GASB 100, Accounting Changes and Error Corrections and GASB 101, Compensated Absences. We then move to the NFP side of the house with a look at the Accounting Standard Updates issued by the FASB that impacts nonprofit entities. Following that, we review the work of the Not-for-Profit Advisory Committee (NAC) and the projects they advise the FASB on. After the break, we will conduct a deeper dive into Yellow Book and Single Audit engagements. The course closes with a look at the significant changes in the 2024 Compliance Supplement, the changes to the Uniform Guidance and the common deficiencies identified by the federal agencies and peer reviewers.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Field of Study:
Accounting (Governmental) (4 CPE)
Auditing (Governmental) (4 CPE)
Instructor

Instructor:
Melisa F. Galasso, CPA
Additional Details
Who should attend:
Practitioners and members in industry responsible for accounting & financial reporting for nonprofit or governmental entities.
Program Level:
Update
Program Content:
The major topics that will be covered in this course include:
- New GASB standards
- GASB 100, Accounting Changes and Error Corrections
- GASB 101, Compensated Absences.
- Accounting Standard Updates issued by the FASB
- Not-for-Profit Advisory Committee (NAC) and the projects they advise the FASB on.
- Yellow Book and Single Audit engagements.
- Changes in the 2024 Compliance Supplement
- Changes to the Uniform Guidance
- Common deficiencies identified by the federal agencies and peer reviewers.
Learning Objectives:
After attending this presentation, you will be able to…
- Recall changes to nonprofit and governmental accounting standards.
- Identify key issues in governmental auditing.
Prerequisites:
None
Advanced Preparation:
None
Developed By:
Galasso Learning Solutions LLC
Format:
Group-Internet-Based
Course Code:
GA25AUG8
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2025 Annual Update for Governments & Not-for-Profits
Course Code:
GA25AUG8
Program Level:
Update
Description:
We kick off this course with a look at the GASB standards that are effective this year including GASB 100, Accounting Changes and Error Corrections and GASB 101, Compensated Absences. We then move to the NFP side of the house with a look at the Accounting Standard Updates issued by the FASB that impacts nonprofit entities. Following that, we review the work of the Not-for-Profit Advisory Committee (NAC) and the projects they advise the FASB on. After the break, we will conduct a deeper dive into Yellow Book and Single Audit engagements. The course closes with a look at the significant changes in the 2024 Compliance Supplement, the changes to the Uniform Guidance and the common deficiencies identified by the federal agencies and peer reviewers.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Program Content:
The major topics that will be covered in this course include:
- New GASB standards
- GASB 100, Accounting Changes and Error Corrections
- GASB 101, Compensated Absences.
- Accounting Standard Updates issued by the FASB
- Not-for-Profit Advisory Committee (NAC) and the projects they advise the FASB on.
- Yellow Book and Single Audit engagements.
- Changes in the 2024 Compliance Supplement
- Changes to the Uniform Guidance
- Common deficiencies identified by the federal agencies and peer reviewers.
Learning Objectives:
After attending this presentation, you will be able to…
- Recall changes to nonprofit and governmental accounting standards.
- Identify key issues in governmental auditing.
Who should attend:
Practitioners and members in industry responsible for accounting & financial reporting for nonprofit or governmental entities.
Developed By:
Galasso Learning Solutions LLC
Instructor:
Melisa F. Galasso, CPA
CPE Credit:
8
Field of Study:
Accounting (Governmental) (4 CPE)
Auditing (Governmental) (4 CPE)
Prerequisites:
None
Advanced Preparation:
None
Format:
Group-Internet-Based
OR
Register By Phone: Call 877.370.2220 and press “1” for the webinar hotline to register
Price
Single Registration
$239.00
Upcoming Dates
- 6/11/2025 @ 9:00 AM
- 7/9/2025 @ 9:00 AM
- 8/1/2025 @ 9:00 AM
- 9/4/2025 @ 9:00 AM
- 10/13/2025 @ 9:00 AM
- 11/19/2025 @ 9:00 AM
- 12/30/2025 @ 9:00 AM
- 1/30/2026 @ 9:00 AM
- 2/25/2026 @ 9:00 AM
- 3/24/2026 @ 9:00 AM
- 4/30/2026 @ 9:00 AM
All times are Eastern Time Zone