FASB has issued ASU 2025‑10, Government Grants (Topic 832), which establishes authoritative U.S. GAAP guidance on the recognition, measurement, presentation, and disclosure of government grants received by business entities. The nano course highlights the new definition of a government grant, the distinction between grants related to assets and grants related to income, and key recognition considerations for for‑profit entities.
SCACPA is excited to partner with Galasso Learning Solutions and the Genuine Learning Blog for real-time A&A updates and answers for SCACPA members.
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.
