Let’s look at the recently proposed GASB Implementation Guide for 2021. It provides questions and answers on topics ranging from derivative instruments and fiduciary activities to leases and nonexchange transactions. Comments are due Feb. 15, 2021.

GASB Exposure Draft: Implementation Guidance Update—2021:  https://www.gasb.org/cs/Satellite?c=Document_C&cid=1176175617805&pagename=GASB%2FDocument_C%2FDocumentPage

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 is be a speaker on audit topics at SCACPA’s annual Fall Fest and Spring Splash conferences. She also takes part in many SCACPA seminars and rebroadcasts.

With over 15 years of experience in the accounting profession, Melisa Galasso designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. She closely monitors regulatory bodies for changes in auditing and accounting guidance and serves as a subject matter expert in implementing the updated guidance.

Read the Melisa Galasso A&A Interview: Private Company Council Member Jeremy Dillard and Standard-Setting Advocacy