myCPE

Accounting & Auditing in a COVID World 1.5 Credits 1.5 Credits

Nov 12, 2020, 12:30 PM EDT

Accounting & Auditing in a COVID World 1.5 Credits 1.5 Credits

  • Rating

    4.4

  • Published on

    December, 1969

  • Subject Area

    Auditing

Learning mode

Live Webinar
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate
Nov 12, 2020, 12:30 PM EDT

Learning Objectives

  • To identify standards that were impacted by COVID19
  • To recognize accounting for CARES Act and PPP funds
  • To identify changes to audits due to COVID
  • To describe how audits will change in a remote audit environment

Course Overview

COVID has presented with a lot of challenges in the lives of professionals. Accounting and auditing professions have also been widely affected in the following manner to name a few:

  • Changing work culture management
  • Change in the accounting and auditing practice standards
  • Change in the accounting and auditing standards
  • Internal control  

Ms. Melisa Galasso, CPA and founder of Galasso Learning Solutions LLC sheds lights on how COVID has affected the services execution for accounting and audit. Ms. Melisa Galasso is going to discuss a wide area of subjects in the webinar. It will include:

  • The impact of COVID on accounting standards 
  • Justifiable delays issued by many standard setter. 

She will also provide insights on how traditional accounting and auditing are required to:

  • Adapt a remote work culture
  • Enhance professional skepticism in virtual audit
  • Apply internal control and a control reliance strategy

In a nutshell, this webinar is going to be a great insight in to the “New Normal” for the accounting and auditing firms and professionals in the standards set by post COVID world. CPA professionals, CPA firms, accountants, accounting firms, bookkeepers, tax professionals, independent auditors, young CPAs etc. will benefit not only in the practice but also in efficiency with strategies. 

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Certified Public Accountants (CPA-US) 1.5 CPE Approved
Certified Internal Auditors (CIA) 1.5 CPE Eligible
Certified Management Accountants (CMA) 1.5 CPE Eligible
Internal Audit Practitioner (IAP) 1.5 CPE Eligible
Certified Wealth Strategist (CWS) 1.5 CE Eligible
Certified Fiduciary and Investment Risk Specialist (CFIRS) 1.5 CE Eligible
Qualification in Internal Audit Leadership (QIAL) 1.5 CPE Eligible
License details Credits Status
Certified Public Accountants (CPA-US) 1.5 CPE Approved
Certified Internal Auditors (CIA) 1.5 CPE Eligible
Certified Management Accountants (CMA) 1.5 CPE Eligible
Internal Audit Practitioner (IAP) 1.5 CPE Eligible
Certified Wealth Strategist (CWS) 1.5 CE Eligible
Certified Fiduciary and Investment Risk Specialist (CFIRS) 1.5 CE Eligible
Qualification in Internal Audit Leadership (QIAL) 1.5 CPE Eligible

Additional Information

Credits

1.5

Course Level

Basic

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.com.

About Instructor

Melisa Galasso

Melisa Galasso , CPA (US)

Owner, Galasso Learning Solutions

  • 4.3
  • rating
  • rating
  • rating
  • rating
  • rating

Melisa Galasso, CPA, is the founder of Galasso Learning Solutions LLC. With over 15 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. She also supports essential professional development, public speaking, and business skills. Melisa closely monitors regulatory bodies for changes in auditing and accounting guidance and serves as a subject matter expert in implementing the updated guidance.

Melisa earned the Association for Talent Development (ATD) Master Trainer™ designation. She is a member of and frequent instructor for the American Institute of Certified Public Accountants (AICPA), the North Carolina Association of Certified Public Accountants (NCACPA), and the Virginia Society of Certified Public Accountants (VSCPA).

Melisa was appointed in 2016 to the AICPA’s Technical Issues Committee (TIC), which is responsible for monitoring the activities of the various accounting and attestation standard-setting boards and submitting comments and recommendations during the due process phase. Melisa is also currently serving on the Board of Directors for the VSCPA. Previously, she served as President of the Board of NCACPA’s Charlotte Chapter, Chair of the A&A Committee for the NCACPA, and held several leadership positions with the VSCPA.

Melisa received the 2013 Women to Watch – Emerging Leader Award from the NCACPA and AICPA. She is a graduate of the 2014 class of the AICPA’s Leadership Academy. In 2016, Melisa was honored as one of the 50 Most Influential Women by the Mecklenburg Times and received the Top 5 Under 35 Award from the VSCPA. She received a 5.0 Speaker award from the NCACPA in 2015, 2016 and 2017. In 2016, Melisa received the Don Farmer Award from the NCACPA for the highest combined average scores on knowledge, skills, and materials from participant evaluations for all courses taught in a technical area. Melisa is a 2017 and 2018 recipient of the AICPA’s Outstanding Discussion Leader award which is given to the top 10% of all AICPA facilitators around the country.

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 Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent (53%)

Very Good (37%)

Average (10%)

Poor

Terrible

HG

Howard Glassman, AFSP

4

I am hard of hearing. The instructor sometimes spoke too fast and the handouts were sometimes sketchy. I realize that closed captioning can be expensive, but providing it would help those who are deaf or hard of hearing.

DF

David Fix, CPA (US)

4

Good background

Recommended Courses

What it Takes to be the Auditor-In-Charge

Jul 04, 09:00 AM EDT

  • CPA (US)
  • CIA
  • CMA
  • CFE
  • CGFM
  • DE LPA
  • IAP
  • CRMA
  • CPA/CFF
  • CICA
  • QIAL
  • CGAP
  • IA LPA
  • ME LPA
  • CCS

Sam Bankman - Fried and the FTX Collapse Insights

Jul 04, 09:30 AM EDT

  • CPA (US)
  • CIA
  • CMA
  • CFE
  • CGFM
  • DE LPA
  • IAP
  • CRMA
  • CPA/CFF
  • CICA
  • MAFF
  • QIAL
  • IA LPA
  • ME LPA
  • CCS

Comprehensive Identity Theft with Latest Updates

Jul 04, 11:00 AM EDT

  • CPA (US)
  • CIA
  • CMA
  • CFE
  • CGFM
  • DE LPA
  • IAP
  • CRMA
  • CPA/CFF
  • CICA
  • MAFF
  • QIAL
  • IA LPA
  • ME LPA
  • CCS

Current Fraud Trends - Shifting Risks and Changing Fraud Schemes

Jul 04, 12:00 PM EDT

  • CPA (US)
  • CIA
  • CMA
  • CGMA
  • CFE
  • CGFM
  • DE LPA
  • IAP
  • CRMA
  • CPA/CFF
  • CICA
  • Yellow Book
  • MAFF
  • QIAL
  • IA LPA
  • ME LPA
  • CCS

2025: Key External Auditing Updates You Can't Miss

Jul 04, 12:30 PM EDT

  • CPA (US)
  • CIA
  • CMA
  • CFE
  • CGFM
  • DE LPA
  • IAP
  • CRMA
  • CPA/CFF
  • CICA
  • QIAL
  • CGAP
  • IA LPA
  • ME LPA
  • CCS

Proper Documentation of Internal Controls

Jul 04, 03:00 PM EDT

  • CPA (US)
  • CIA
  • CMA
  • CFE
  • CGFM
  • DE LPA
  • IAP
  • CRMA
  • CPA/CFF
  • CICA
  • QIAL
  • CGAP
  • IA LPA
  • ME LPA
  • CCS

Inclusions

  • Multiple Credits

    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting

    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker

    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault

    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders

    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access

    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support

    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

Exclusive mobile
app for our unlimited
access subscribers

Get Started with Unlimited Learning

Select your plan, complete your payment, and access a world of knowledge.

Subscription Inclusions Silver Gold
15,000+ Hrs of CPE approved Content
tooltip

Largest content library covering all aspects of professional development.

Check right Check right
500+ Emerging Subject Areas
tooltip

Wide range of subject areas tailored to meet diverse learning needs of all the department of the firm.

Check right Check right
50+ State- Specific Ethics Courses
tooltip

Stay compliant with ethics requirements for every state.

Check right Check right
50+ State Compliance Packages
tooltip

Pre-selected courses for quick compliance, saving time and effort.

Check right Check right
100+ Advanced Certification Programs
tooltip

Expert-led programs to build advanced expertise and strengthen your career credentials.

Check right Check right
AICPA Eligibility Programs (CFF, ABV, PFS)
tooltip

Pre-Packaged Eligibility Courses for AICPA designations such as PFS, ABV, and CFF, offering CPE credits upon completion.

Check right Check right
Compliance Tracker and Credit Vault
tooltip

Store all your certificates in one place, stay compliance-ready with ease, and track your progress effortlessly using the built-in credit tracker.

Check right Check right
Instant Certification and Fast Reporting
tooltip

Instant reporting to IRS, CFP Board, and other governing bodies.

Check right Check right
Mobile App Access (iOS and Android) Check right Check right
Access to Practical Training Programs
tooltip

Focused training with pre-built assessments for all levels to upskill your staff efficiently.

Check right Check right

Select Tenure

Start Your Journey

Start your journey towards learning and compliance.

card

$299$199 For 12 Months

Start 7 Days Free Trial

Click Here

More Reasons to Subscribe

  • true true
    80% of Content Rated 4.5+ Stars
    High-quality content rated by professionals.
  • true true
    4X More Content at 1/3rd the Price
    Serious value compared to your regular provider!
  • true true
    Non-Sponsored Content
    Purely educational, unbiased content for your learning.
  • true true
    Monthly & Quarterly Updates
    Keeping you ahead of trends and changes.
  • true true
    Podcasts with Industry Leaders
    Learn and Earn CPE from experts on the go.
More Reasons