October 9, 2024


Live Webcast


8 CPE Credits

Auditing Not-for-Profit Entities Superior Skills for an Effective and Efficient Audit (YB)

October 9, 2024
Live Webcast
8 CPE Credits

Auditing Not-for-Profit Entities Superior Skills for an Effective and Efficient Audit (YB)

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    Instructor

    Jeff
    Lieman

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Learning Objectives

  • Identify what distinguishes not-for-profit auditing from commercial sector auditing
  • Skillfully adjust the audit for the characteristics of a not-for-profit entity
  • More effectively audit not-for-profit entities through superior knowledge of key issues

 

Major Topics

  • Refining key planning and general auditing considerations to the not-for-profit environment
  • Characteristics of not-for-profit financial statements that require special attention
  • The auditor’s consideration of fraud in auditing a not-for-profit entity
  • Audit procedures to become comfortable with management’s recording and reporting of contributions and promises to give
  • Auditing how a not-for-profit entity gets from natural expenses to functional expenses
  • Auditing considerations and techniques related to net assets, compliance with tax laws and regulations, collections and split-interest agreements
  • Considerations related to Yellow Book and single audits

CPE Credits Available

8 CPE Credits
8
Accounting (Governmental)

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Auditing
  • Governmental and Nonprofit Accounting
  • Yellow Book

Prerequisites

Basic auditing knowledge

Advanced Preparation

None

Intended Audience

Auditors of not-for-profit entities

Provider

GSCPA

This event has ended.