Back Search

Overview

8.0 Credits
ONLINE

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

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 Topics

  • Implementing the new Yellow Book
  • Developing issues related to performing single audits under the OMB’s Uniform Guidance for Federal Awards
  • Key AICPA developments affecting audits of nonprofits including SAS No. 134, Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Auditor Reporting Statements, and SAS 135, Omnibus Statement on Auditing Standards--2019
  • Prepare for the implementation of the new FASB ASU on grants, contracts, and contributions (i.e., ASU No. 2018-08, Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made)
  • Develop a deeper understanding of the effects that ASU No. 2016-02, Leases, will have on nonprofits

Prerequisite

Knowledge of nonprofit accounting and auditing

Sessions

Please select the appropriate session or option below to continue with your online purchase

Wednesday, October 23, 2024

General Sessions
Add to Cart