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Live Webcast Replay

Accounting & Auditing Update For Small Business

Total Credits: 4 including 2.5 Accounting - Technical, 1.5 Auditing- Technical

Average Rating:
Accounting and Auditing |  ACPEN Industry Institute
Melisa F. Galasso
Course Levels:
4 Hours



In this course, we 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. This course is tailored to focus on topics primarily impacting smaller entities. It does not cover some of the more complex accounting requirements not commonly found in smaller entities.

Basic Course Information

Learning Objectives
  • Identify accounting standards impacting small business financial reporting
  • Describe how audit standards will impact the audits of small businesses
  • Recall the impact of QM on audit firms

Major Subjects
  • Private company ASUs
  • Audit evidence
  • Quality Management

Course Materials


Melisa F. Galasso's Profile

Melisa F. Galasso Related Seminars and Products

Founder and CEO

Galasso Learning Solutions LLC

Melisa Galasso 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 acconting 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 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), AICPA Council, and the VSCPA’s Board of Directors. She previously served on the AICPA’s Technical Issues Committee (TIC) and is a past-Chair of the NCACPA’s A&A committee. Melisa also authors the AICPA’s State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.


Additional Info

Basic Course Information


Prior experience with US GAAP or GAAS

Advanced Preparation


Designed For

Ideal for accountants in public practice and industry

Original Recording Date


Course Developer

Galasso Learning Solutions

Date Added to Catalog


Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints., (972-377-8199). 

Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Instructional Delivery Method

Group Internet Based

Course Registration Requirements

Online Registration

Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 



Overall:      4.7

Total Reviews: 85


Julia W

"She's an amazing speaker. Thank you!"

Christopher H

"Speaker had superior knowledge in audit/accounting areas, particularlly the new lease standards"

Timothy C

"Melisa is an excellent speaker and was very knowledgeable about the subject matter. Well done!"

Kurt S

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Stephanie B

"I really enjoyed this course."

Pat F

"I liked the fact that the course was geared for the small business."

John S

"Good course!"

Carol S

"Very good speaker, sometimes online it is easy to get bored...Melisa kept my attention!"

Jim P

"Presenter was the most effective, very good presentation skills including legibility of speech."