The most effective path to success lies in making yourself indispensable to your
clients, and achieving that indispensability requires a robust understanding of your
client's business. Explore the latest developments affecting not-for-profits
including FASB requirements, OMB, and Yellow Book developments. This course
offers a thorough review of updates to the auditor's reporting and conforming
standards, ethics, governmental auditing standards, and accounting for not-forprofits.
By participating, you ensure you are well-versed in current standards and
best practices in not-for-profit accounting and auditing.
Objectives
- Apply the most recent requirements of the FASB directed toward notfor-
profits.
- Recall key points related to the latest developments in OMB and
Yellow Book requirements.
- Identify recent activities of the AICPA and how they affect the
auditor's report.
Highlights
- Not-for-profit accounting update
- Revenue recognition in not-for-profits
- FASB's lease standard
- FASB update
- Auditor's report and conforming changes
- Auditing Standards Board update
- Ethics update
- Common audit deficiencies
- SSARS and SSAE update
- Governmental auditing update
Who Will Benefit
Accounting and finance
personnel responsible for
accounting and financial
reporting for not-for-profits and
auditors of those entities
Credits
Category |
Amount |
Government Auditing |
4.00 |
Govt. Accounting |
4.00 |