October 23, 2024


Live Webcast


8 CPE Credits

Latest Developments in Nonprofit Accounting and Auditing (YB)

October 23, 2024
Live Webcast
8 CPE Credits

Latest Developments in Nonprofit Accounting and Auditing (YB)

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    Instructor

    Jeff
    Lieman

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Learning 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

CPE Credits Available

8 CPE Credits
4
Accounting (Governmental)
4
Auditing (Governmental)

Things to Know About This Course

Course Level

  • Update

Professional Area of Focus

  • Accounting
  • Auditing
  • Auditing (Governmental)
  • Yellow Book

Prerequisites

Knowledge of nonprofit accounting and auditing

Advanced Preparation

None

Intended Audience

Auditors and industry professionals working in the nonprofit environment

Provider

GSCPA

This event has ended.