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Live Webcast Replay

Topic 842 – Implementing Leases Workshop

Total Credits: 4 including 4 Accounting - Technical

Average Rating:
Accounting and Auditing |  ACPEN Industry Institute
Melisa F. Galasso
Course Levels:
4 Hour
Access for 30 day(s) after program date.

Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.

Tag: Accounting


This course offers an in-depth look at the new leases standard (ASC 842), which requires organizations to recognize lease assets and liabilities on the balance sheet. This comprehensive course will cover recognition, measurement, presentation and disclosure requirements as well as focus the proper identification of a lease using a principles-based approach. We will discuss implementation requirements from both the lessee and lessor accounting models. In addition, we explore a variety of scenarios including short-term leases, purchase options, variable lease payments, and remeasurement. This case-based course is up-to-date, exploring recently issued amendments to the lease accounting guidance and offering practical journal entry examples and lessons learned from implementation.

Basic Course Information

Learning Objectives
  • Define a lease uner the new leases standard

  • Apply recognistion and measurement requirements of the new leases standard 

  • Describe the presentation and disclosure reuirements of the new leases standard

  • Prepare journal entries necessary to account for leases as both a lessee and a lessor

Major Subjects
  • Accounting
  • New leases standard (ASC 842)


Course Materials


Melisa F. Galasso's Profile

Melisa F. Galasso Related seminars and products: 13

Founder and CEO

Galasso Learning Solutions LLC

Melisa F. Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA 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. 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 is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers. She also serves on the FASB’s Not-for-Profit Advisory Committee (NAC), the AICPA’s Technical Issues Committee (TIC), has had leadership roles on various A&A committees, and serves on the VSCPA’s Board of Directors. Melisa is a 2020 Enterprising Women of the Year Award recipient and was honored as a “40 under 40” by CPA Practice Advisor in 2017 and 2018. She was also 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.


Mon, Mar 08, 2021 - 10:00am to 01:48pm EST
Tue, Mar 23, 2021 - 02:00pm to 05:48pm EDT
Wed, Apr 14, 2021 - 10:00am to 01:48pm EDT
Thu, Apr 29, 2021 - 06:00pm to 09:48pm EDT
Fri, May 07, 2021 - 10:00am to 01:48pm EDT
Sat, May 22, 2021 - 02:00pm to 05:48pm EDT
Mon, Jun 07, 2021 - 10:00am to 01:48pm EDT
Tue, Jun 15, 2021 - 06:00pm to 09:48pm EDT
Wed, Jul 14, 2021 - 10:00am to 01:48pm EDT
Thu, Jul 29, 2021 - 02:00pm to 05:48pm EDT
Fri, Aug 06, 2021 - 10:00am to 01:48pm EDT
Sat, Aug 21, 2021 - 02:00pm to 05:48pm EDT
Mon, Sep 13, 2021 - 10:00am to 01:48pm EDT
Wed, Sep 22, 2021 - 02:00pm to 05:48pm EDT
Wed, Oct 06, 2021 - 10:00am to 01:48pm EDT
Thu, Oct 21, 2021 - 06:00pm to 09:48pm EDT
Fri, Nov 05, 2021 - 10:00am to 01:48pm EDT
Sat, Nov 20, 2021 - 02:00pm to 05:48pm EST
Wed, Dec 01, 2021 - 10:00am to 01:48pm EST
Tue, Dec 14, 2021 - 02:00pm to 05:48pm EST

Additional Info

Basic Course Information

Advanced Preparation


Designed For

Professionals in the accounting industry.

Original Recording Date


Yellow Book


Course Developer

Galasso Learning Solutions

Date Added to Catalog



Prior Experience with Topic 842



Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints., (972-377-8199). 

Official Registry Statement

Business Professionals' Network, Inc. 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:

Instructional Delivery Method

Group Internet Based

Course Registration Requirements

Online Registration

Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 



Overall:      4.7

Total Reviews: 35


Kelsey P

"The personal stories were fun and engaging. FANTASTIC - the most helpful/useful CPE I've had in some time! Thank you!!"

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