2024 Annual Update for Not-for-Profit Accountants & Auditors
Wednesday, July 17, 2024
Webcast or Webinar, Online
9:00 AM - 5:00 PM (opens at 8:30 AM) EST
8Credits
Accounting and Auditing
Registration is Open
Members
$239.00 Regular Price
Non-Members
$359.00 Regular Price
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$160.00 Members / $224.00 Non-Members
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Course Type: Webcast
Course Code: 24/CX49541
Level: Update
Vendor: CPA Crossings, LLC
Field of Study: Auditing (Governmental), Accounting (Governmental)
Overview:
The Not-for-Profit Advisory Committee (NAC) has been meeting with FASB to discuss the impact of various standards on the nonprofit community. We'll look at the work of the NAC and the impact they've had. We'll then transition to the Accounting Standards Updates (ASUs) issued by the FASB that impact nonprofit entities. We'll review year 2 considerations of the leases standard. We'll also review common nonprofit deficiencies identified in peer review. Once we've wrapped up the accounting update, the course shifts to the audit side of the house with a look at what's going on at the AICPA. We'll review the impact of the changes to group audits as the changes coming down the pike for quality management. This course will keep auditors up to date on the work of the ASB. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.Objectives:
After attending this presentation, you will be able to...
- Recall changes to financial reporting for nonprofits
- Recognize the impact of audit changes on nonprofit audit engagements
Major Topics:
The major topics that will be covered in this course include:
- The Not-for-Profit Advisory Committee (NAC).
- Accounting Standards Updates (ASUs).
- Year 2 considerations of the leases standard.
- Common nonprofit deficiencies identified in peer review.
- What's going on at the AICPA.
Major Topics:
The major topics that will be covered in this course include:
- The Not-for-Profit Advisory Committee (NAC).
- Accounting Standards Updates (ASUs).
- Year 2 considerations of the leases standard.
- Common nonprofit deficiencies identified in peer review.
- What's going on at the AICPA.