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Overview

8.0 Credits
ONLINE

Change is inevitable and at times overwhelming if you are unprepared. You can ensure you are current in governmental and not-for-profit accounting and auditing with this update course. Designed to prepare you for the latest accounting and auditing
developments affecting governments and not-for-profits, this course gives you the tools and knowledge to implement the new standards.

Objectives

  • Identify the effect of GASB statements on accounting and financial reporting for state and local governments.
  • Identify how FASB's accounting updates affect not-for-profit financial statements.
  • Apply FASB Accounting Standards Update (ASU) No. 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, to an example financial instrument.
  • Identify the requirements of recently issued Statements on Auditing Standards (SASs). 
  • Identify changes to the AICPA Code of Professional Conduct that affect governments and NFPs. 
  • Identify changes made in the Government Auditing Standards 2024 Revision.

Major Topics

• 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
• Governmental auditing update

 

Prerequisite

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

Sessions

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

Thursday, June 26, 2025

General Sessions
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