Event Description

This year is indeed another year of significant change in the world of nonprofit accounting and auditing. Time is valuable, and it’s hard to stay current in today’s rapidly changing environment. Let us save you time and effort in staying current through this informative update course. The course materials utilize a highly illustrative and innovative format. Over 30 focused exercises are included to provide an enhanced working knowledge of the latest developments in nonprofit accounting and auditing.

Designed For

Auditors and industry professionals working in the nonprofit environment

Objectives

Keep up with the latest developments at the GAO, OMB, AICPA, and FASB Ensure that your accounting and auditing skills stay up-to-date with current requirements Be prepared for major changes on the horizon

Major Subjects

Developing issues related to performing Yellow Book audits and single audits Key AICPA developments affecting audits of nonprofits including the new SASs on reporting, evidence, and estimates Preparing for the implementation of the new requirements related to gifts-in-kind Developing a deeper understanding of the effects that FASB ASC 842, Leases, will have on nonprofits

Prerequisites

Knowledge of nonprofit accounting and auditing

Instructions

None