Objective
- Understand the latest GAO, OMB, AICPA, and FASB developments
- Keep your accounting and auditing skills up to date with current requirements
- Prepare for major changes on the horizon
Highlights
- Developing issues related to Yellow Book audits and single audits
- Key AICPA developments affecting audits of nonprofits (including the implementation of SAS No. 145 on risk assessment)
- How ASU No. 2020-07 affected the reporting and disclosure of contributed nonfinancial assets through the lens of three implementers
- Understanding FASB ASC 842, Leases, and how nonprofits will implement the standard (including a look at early implementers and year two leasing issues)
Designed For
Auditors and industry professionals working in the nonprofit environmentPrerequisite
Knowledge of nonprofit accounting and auditingAdvanced Preparation
None