Get a quick recap of the accounting and auditing updates issued in 2025, and find out what to expect in 2026. Join Melisa Galasso as she explains all the major standards and changes impacting professionals in the field.
Here’s what’s covered in this episode:
- Overview of 12 new FASB Accounting Standards Updates (ASUs) released in 2025, with focus on niche standards
- Big changes including CECL updates, internal use software modernization, and government grant guidance for business entities
- GASB’s single finalized standard for subsequent events tailored for governments
- PEEC’s updates on Section 529 plans, quality management terminology, and simultaneous employment rules
- Preview of what’s coming in 2026 from GASB, AICPA, and FASB, and GLS audit-level training opportunities for new staff
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.
Which standards do you think will have the most impact on organizations?
