Not-For-Profit Accounting and Auditing Update
This course will review focus areas for peer review for Single Audits and Yellow Book engagements. We will discuss the requirements for major program determination, testing compliance, testing internal controls over compliance, sampling, and reporting for Single Audits. We also address Yellow Book CPE and independence requirements. This course will provide an overview of the common deficiencies and key trends identified by the AICPA, as well as, best practices for how entities can properly perform procedures in this area. Learning Objectives: • Describe CPE requirements for Yellow Book engagements • Perform a major program determination compliant with the Uniform Guidance • Properly identify internal controls over compliance • Compare internal controls over compliance with compliance tests • List the reporting requirements for Single Audits
Her passion is providing high-quality CPE that is meaningful, creates efficiencies and improves quality, and positively impacts ROI. She also supports essential professional development, audit level training, and train the trainer efforts.
Melisa earned the Association for Talent Development Master Trainer™ designation and is in the process of completing the rigorous requirements to become a Certified Professional in Learning & Performance (CPLP).
Melisa’s passion for instructional design is one of the differentiators that sets her apart from other CPE providers. She serves on the AICPA’s Technical Issues Committee, has had leadership roles on various A&A committees, and serves on the VSCPA’s Board of Directors.
She was honored as “40 under 40” — by CPA Practice Advisor — in 2017 and 2018, was named the 2019 Rising Star by her regional NAWBO chapter, received the Don Farmer award for achievement in technical content instruction, and 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.
On a personal level, Melisa enjoys traveling, watching her daughter ride her horse, and spending quality time with family. She finds balance through yoga, is an avid reader, and frequents local performing arts shows. Melisa actively supports several causes that empower women.
