Simply Auditing Not-for-Profits Efficiently (SAN4)
June 16th, 2025 - June 16th, 2025 @ 9:00 AM-12:30PM
| Member Price |
$219 |
| Non-Member Price |
$249 |
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Credits
4
Description
It's crazy to try to audit not-for-profits in the same manner that you do for-profits! The sane approach to auditing not-for-profits is to incorporate what makes them unique into the planning and performance of the audit. This course is designed to help you do just that! Obtain a superior working knowledge of auditing not-for-profit entities effectively and efficiently.
Objectives
Identify the ways not-for-profit auditing differs from commercial sector auditing Skillfully adjust audits to suit the characteristics of not-for-profit entities More efficiently audit not-for-profits using enhanced knowledge of key issues
Major Subjects
How distinctive funding sources, different operating purposes, and lack of ownership interests affect risk assessment and planning in the audit of a not-for-profit Key considerations and auditing procedures applied in auditing contributions, functional expenses, net assets, etc. Frequent issues arising in audits of not-for-profits (e.g., independence concerns, communicating with those charged with governance, Yellow Book audits, single audits, etc.)
Prerequisites
Basic auditing knowledge
