2024 Not-for-Profit Accounting & Auditing Update
Saturday, July 06, 2024
Webcast or Webinar, Online
10:00AM - 2:00 PM (opens at 9:30 AM) EST
4Credits
Accounting and Auditing
Registration is Open
Members
$129.00 Regular Price
Non-Members
$159.00 Regular Price
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Course Type: Webcast
Course Code: 24/AC912674
Level: Update
Vendor: ACPEN
Field of Study: Auditing (Governmental), Accounting (Governmental)
Overview:
The Not-for-Profit Advisory Committee has been busy discussing several projects that the FASB is working on and their impact on nonprofits. In this course, we will review the key issues and discussions from recent NAC meetings. We'll also take a look at ASUs issued by the FASB that may impact nonprofit financial statements. After a break, we then transition from accounting to auditing with a look at the common deficiencies found in nonprofit Yellow Book audits with a focus on CPE, reporting, and independence.
Objectives:
- Recall the impact of ASUs on nonprofit organizations
- Recall the activities of the nonprofit advisory committee
- Identify common deficiencies in Yellow Book Engagements
- Recall the independence requirements in Yellow Book
Major Topics:
- CECL
- NAC
- Independence
Major Topics:
- CECL
- NAC
- Independence