Mobile Edition

ACPEN Signature: 2017 Not-for-Profit Accounting, Auditing & Tax Update (ACNPAA11)

Date:Friday, January 5, 2018
Time:2:00 PM - 10:00PM
(Registration at 1:30 PM)
Facility:Webcast or Webinar, Online
CPE Credit:4.0 Accounting and Auditing
4.0 Technical Business
Course Level:Update
Early Bird Price:Not applicable or see below.


There have been significant Accounting Standards Updates (ASUs) issued by the FASB over the past few years which impact NFP Entities. The IRS continues to refine and revise the Form 990 and 990-EZ.  Our panel of experts will provide you with what you need to know about the latest and most important GAAP and tax proposals and developments affecting non-profit organizations

       In addition, our panel of experts will provide an Auditing Update addressing

             - SAS 130 – Audits of internal control in conjunction with audit of financial statements.

             - SAS 131—Amendments to AU-C 700

             - SAS 132—Going Concern, among other audit-related issues such as a review of Internal Controls and Fraud in the Not-for-Profit Environment. Panels will pay particular attention to these issues in large and small organizations.

You will receive a Tax Update that will include:

             -Changes to Schedule A of IRS form 990,

             -A comparison of Financial Statements and Form 990,

             -IRS/Treasury Hot Topics and the IRS Workplan,

             -A review of Unrelated Business Income (UBIT),

             -Compensation Approval Process-Intermediate Sanctions.

A national expert will provide an Ethics Update (1 CPE Hour) geared to the Not-for-Profit organization. This will include:

                   -Firm Mergers and Acquisitions.

                   -Breaches of Independence.

                   -Omnibus Interpretations.

                   -Hosting Services.

                   -Proposed Omnibus.

                   -Noncompliance with laws and regulations (“NOCLAR”).


  • An overview of recently issued ASUs including: Presentation of Financial Statements of Not-for-Profit Entities, Revenue Recognition, Leases, Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, and other ASUs impacting NFP organizations

  • Discussion of other projects in the pipeline including Revenue Recognition of Grants and Contracts of NFP Entities, Balance Sheet Classification of Debt, and other projects impacting NFP organizations.

    Major Topics:

  • FASB Update 

  • Auditing Update

  • Tax Update

  • Ethics Update


    Who Should Attend:
    Industry & Public Practice


    Advanced Preparation:


    If listed below, select the appropriate sessions or options to continue with your purchase.

    Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.