2025 Accounting & Auditing Update
Total Credits: 3 including 2 Accounting - Technical, 1 Auditing- Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Industry Institute | Yellow Book | Accounting and Auditing
- Faculty:
- Melisa F. Galasso
- Course Levels:
- Update
- Duration:
- 3 Hours
- License:
- Expires 30 day(s) after program date.
Description
Stay informed and prepared with this comprehensive annual update on the latest developments in accounting and auditing. We'll begin with a deep dive into the Accounting Standards Updates (ASUs) effective in 2025, followed by insights from the FAF's 2024 PCC Review and an overview of FASB's Invitation to Comment - Agenda Consultation, which will shape the future of accounting standards. On the auditing side, we'll tackle the essential changes in quality management standards that firms must implement by the end of 2025. The session will also highlight common deficiencies identified by the DOL in EBP (Employee Benefit Plan) engagements and provide a peek at upcoming projects from the Auditing Standards Board (ASB). Join us to gain practical insights and actionable takeaways to navigate these updates with confidence.
Basic Course Information
Learning Objectives- Recognize the impact of Accounting Standards Updates effective in 2025 on financial reporting
- Recall the changes made to PCC processes as a result of the 2024 PCC Review
- Identify potential topics identified by advisory groups in the FASB's ITC agenda consultation
- Identify the components of quality management
- Recall deficiencies identified by the DOL for EBP audits
- Recall key projects of the Auditing Standards Board
Major Subjects
- Accounting Standards Updates
- Auditing & Accounting
- Yellowbook
Course Materials
IMPORTANT CPE Credit Instructions Read Before Webcast Updated 2025 (434.2 KB) | Available after Purchase |
2025 Accounting & Auditing Update Handout (3.3 MB) | Available after Purchase |
Faculty

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.
Dates
Wed, Jun 04, 2025 - 01:00pm to 03:52pm CDT
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Sat, Jun 07, 2025 - 11:00am to 01:52pm CDT
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Tue, Jun 24, 2025 - 09:00am to 11:52am CDT
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Mon, Jul 14, 2025 - 01:00pm to 03:52pm CDT
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Tue, Jul 22, 2025 - 09:00am to 11:52am CDT
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Mon, Aug 04, 2025 - 01:00pm to 03:52pm CDT
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Wed, Aug 20, 2025 - 09:00am to 11:52am CDT
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Tue, Sep 02, 2025 - 01:00pm to 03:52pm CDT
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Thu, Sep 18, 2025 - 09:00am to 11:52am CDT
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Wed, Oct 01, 2025 - 01:00pm to 03:52pm CDT
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Thu, Oct 16, 2025 - 09:00am to 11:52am CDT
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Tue, Nov 04, 2025 - 01:00pm to 03:52pm CST
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Mon, Nov 17, 2025 - 09:00am to 11:52am CST
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Wed, Dec 03, 2025 - 01:00pm to 03:52pm CST
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Thu, Dec 18, 2025 - 09:00am to 11:52am CST
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Tue, Dec 23, 2025 - 01:00pm to 03:52pm CST
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Mon, Jan 05, 2026 - 09:00am to 11:52am CST
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Tue, Jan 20, 2026 - 01:00pm to 03:52pm CST
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Sun, Feb 01, 2026 - 09:00am to 11:52am CST
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Mon, Feb 23, 2026 - 01:00pm to 03:52pm CST
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Wed, Mar 04, 2026 - 09:00am to 11:52am CST
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Thu, Mar 19, 2026 - 01:00pm to 03:52pm CDT
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Thu, Apr 02, 2026 - 09:00am to 11:52am CDT
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Mon, Apr 20, 2026 - 01:00pm to 03:52pm CDT
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Fri, May 01, 2026 - 09:00am to 11:52am CDT
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Tue, May 19, 2026 - 01:00pm to 03:52pm CDT
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Additional Info
Basic Course Information
Prerequisites Prior experience with GAAP & GAASAdvanced Preparation None
Designed For
Accounting Professionals
Original Recording Date 05/2025
Yellow Book Yes
Course Developer Galasso Learning Solutions
Date Added to Catalog 03/2025
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (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: www.nasbaregistry.org
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 help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.