Surgent's Latest Developments in Governmental Accounting and Auditing

Overview

This year is indeed another year of significant change in the world of governmental 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 20 focused exercises are included to provide an enhanced working knowledge of the latest developments in governmental accounting and auditing.

Prerequisites

Knowledge of government accounting and auditing

Objectives

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

Highlights

• Developing issues related to the 2024 Yellow Book revision and the 2024 revision to the Uniform Guidance for Federal Awards
• Key AICPA developments affecting audits of governments (including SAS No. 146 on quality management)
• The implementation of GASB No. 101 on compensated absences
• GASB No. 103 addressing improvements to the financial reporting model
• The application of GASB No. 102 on certain risk disclosures and GASB No. 104 on disclosure of certain capital assets