Change is inevitable and at times overwhelming if you are unprepared. Ensure you
are current in governmental and not-for-profit accounting and auditing. This
update course is designed to prepare you for the latest accounting and auditing
developments affecting governments and not-for-profits and give you the tools
and knowledge to implement the new standards.
DESIGNED FOR
Accounting and finance personnel responsible for accounting and financial reporting for governments and nonprofits, as well as accounting and auditing
BENEFITS
- Apply the most recent requirements of the GASB & FASB directed toward governments and nonprofits.
- Recall key points related to the latest developments in OMB and Yellow Book requirements.
- Identify recent activities of the AICPA and how they affect the
auditor’s report.
HIGHLIGHTS
- GASB update
- Not-for-profit accounting update
- Revenue recognition in not-for-profits
- FASB’s lease standard
- FASB update
- Auditor’s report and conforming changes
- Auditing Standards Board update
- SSARS and SSAE update
- Governmental auditing update
COURSE LEVEL
Update
PREREQUISITES
Basic knowledge and experience in governmental and nonprofit accounting and audit.
ADVANCE PREPARATION
None
ADDITIONAL NOTES
- Qualifies for Yellow Book Credit