Event Description

This program provides a 2022 update of the issues at the forefront of industry to assist the auditor 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 new developments in compliance auditing. The US GAAP refresher portion of the program includes coverage of some significantly enhanced sections in the AICPA’s nonprofit audit guide and nonprofit Technical Practice Aids.

Designed For

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

Objectives

Participants will be able to: Apply the issues faced by nonprofits in today’s environment which will help them assess risk Recognize and deal with major accounting and disclosure issues impacting their clients or 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 familiarity with not-for-profit accounting and auditing