Governmental and Not-for-Profit Annual Update

Overview

Change is inevitable and at times overwhelming if you are unprepared.

Ensure you are current in governmental and not-for-profit accounting and auditing. This update course is designed to prepare you for the latest accounting and auditing developments affecting governments and not-for-profits and give you the tools and knowledge to implement the new standards.

Prerequisites

Basic knowledge and experience in governmental and not-for-profit accounting and auditing

Objectives

• Apply the most recent requirements of GASB and FASB directed toward governments and not-for-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

GASB update 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 SSARS and SSAE update Governmental auditing update