Event Description

This program provides a 2022 update of the issues at the forefront of industry to assist theauditor in assessing risk. It also includes updates to FASB guidance through March 2022,complete with disclosure examples. This course also includes Yellow Book and other newdevelopments in compliance auditing.The US GAAP refresher portion of the program includes coverage of some significantlyenhanced sections in the AICPA’s nonprofit audit guide and nonprofit Technical PracticeAids.

Designed For

Practitioners working with governments in public practice Nonprofit industry accountants who need to keep on top of current accounting anddisclosure requirements

Objectives

Participants will be able to: Apply the issues faced by nonprofits in today’s environment which will help them assessrisk Recognize and deal with major accounting and disclosure issues impacting their clientsor organizations

Major Subjects

Not-for-profit industry updates Major accounting and disclosure issues specific to nonprofit organiztions Single audit update Yellow book (GAS)

Prerequisites

Basic familiaritywith not-for-profitaccounting andauditing