What's Going on at the GASB (2026/27)
Overview
This course provides a focused update on major recent pronouncements issued by the Governmental Accounting Standards Board. Coverage includes GASB Statement No. 103 (financial reporting model improvements), GASB Statement No. 104 (enhanced disclosures for capital assets), and GASB Statement No. 105 (subsequent events).
Participants will also receive a high-level overview of active GASB exposure drafts and ongoing projects. The course is designed to help auditors, preparers, and financial leaders understand how these developments affect audits, financial statement preparation, and board reporting.
Highlights
- GASB Statement No. 103 (financial reporting model improvements)
- GASB Statement No. 104 (capital asset disclosure enhancements)
- GASB Statement No. 105 (subsequent events)
- Recent GASB pronouncements and updates
- Active GASB exposure drafts and ongoing projects
Prerequisites
Prior experience with governmental financial reporting
Designed For
All accounting/auditing professionals
Objectives
- Recall the impact of GASB Statement No. 103 on the governmental financial reporting model
- Identify new disclosure requirements introduced by GASB Statement No. 104
- Recognize requirements related to subsequent events under GASB Statement No. 105
- Recall key elements of recent GASB exposure drafts and active projects
Preparation
None
Notice
This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Accounting Continuing Professional Education Network (ACPEN).
Leader(s):
Leader Bios
Melisa Galasso, Founder and CEO, Galasso Learning Solutions LLC
Melisa F. Galasso is the Founder and CEO of Galasso Learning Solutions LLC. A CPA with over 20 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.
Melisa is a Certified Speaking Professional (CSP), 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.
Melisa serves as the Co-Chair of the NCACPA's A&A committee and as a Subject Matter Expert for the AICPA's Center for Plain English Accounting (CPEA). She has also served on the FASB's Not-for-Profit Advisory Committee (NAC), AICPA Council, and the AICPA's Women's Initiative Executive Committee (WIEC). She also previously served on the AICPA's Technical Issues Committee (TIC) and the VSCPA's Board of Directors. In addition, Melisa is the author of Money Matters for Nonprofits: How Board Members Can Harness the Power of Financial Statements by Understanding Basic Accounting which is available on Amazon or anywhere you purchase books online.
Melisa received a Top 50 Women in Accounting Award in 2021 by Ignition, was a 2020 Enterprising Women of the Year Award recipient and was honored as a "40 under 40" by CPA Practice Advisor in 2017, 2018, and 2019. She was named the 2019 Rising Star by her regional NAWBO chapter, received the Don Farmer award for achievement in technical content instruction, and has earned several other awards for public speaking and technical training.
Prior to establishing Galasso Learning Solutions, Melisa worked in public accounting, industry, internal audit, and academia.
She received a Bachelor of Science in Business Administration with a concentration in Accounting and International Business from Georgetown University.
Melisa actively supports several causes that empower women. She is the Chair of the Advisory Board for Girls on the Run Greater Charlotte. In 2023, she was one of 31 women selected as part of Dress for Success Charlotte's Power Hour. She also serves as the Education Chair for the Board of Directors for NAWBO Charlotte.
Non-Member Price $119.00
Member Price $89.00