Each week, a new case file from Fall Fest: The Great CPA Mystery opens, giving you a preview of the insights, strategies and ideas waiting to be uncovered.
This week’s case file focuses on recent and upcoming accounting standard-setting activity from the Financial Accounting Standards Board (FASB).
In FASB Updates, presenter Melisa Galasso will provide an efficient update on Accounting Standards Updates (ASUs) effective for December 31, 2026 year-ends for public companies, private entities and not-for-profit organizations.
Review Recent and Upcoming FASB Activity
The session will cover issued ASUs with future effective dates, along with high-level insights into recent exposure drafts.
You’ll focus on the timing, scope and areas of change that may affect financial reporting and implementation planning.
Stay Current on Evolving Standards
Created as a practical update for preparers, auditors and financial professionals, the session will cover recent FASB activity and the potential impact of evolving accounting standards.
By the end of the session, you’ll be able to:
- Recall effective dates for recently issued FASB standards.
- Recognize the impact of recently issued ASUs on financial reporting.
About the Author
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.
Enjoyed this preview? Continue the conversation with Melisa during this upcoming session:
3:30 – 4:45 PM | FASB Updates
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