Events Search
  Summary & Check Out (0)
Tuesday, November 3, 2020 Webcast

Governmental and Not-for-Profit Annual Update (E2011221)

8:30 AM - 4:30 PM EDT

Registration: 8:00 AM EDT

Webcast


8 CPE Credits in AA

OVERVIEW

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

  • Identify the effect of GASB statements on accounting and financial reporting for state and local governments.
  • Identify how FASB's accounting updates affect not-for-profit financial statements.
  • Apply FASB Accounting Standards Update (ASU) No. 2016-13, Financial Instruments -Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, to an example financial instrument.
  • Identify the requirements of recently issued Statements on Auditing Standards (SASs).
  • Identify changes to the AICPA Code of Professional Conduct that affect governments and NFPs.
  • Identify changes made in the Government Auditing Standards 2024 Revision.

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
  • 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

INSTRUCTOR

Diane Edelstein

Diane Edelstein, CPA
(4.4)

AICPA/Professional Development Institute

Diane E. Edelstein is a Senior Partner at Maher Duessel in Pittsburgh and has over 30 years of experience in public accounting. Her entire auditing career has focused on nonprofits, governments, and Single Audits. She now works part time and specializes in teaching and consulting. Diane was a member of the AICPA NPO Planning Conference Committee from 2012 to 2017 and spoke each year on Single Audit topics. She is also a past member of the AICPA Governmental Audit Quality Center Executive Committee. She has conducted peer reviews of Single Audits and is a prior member of the PICPA Professional Ethics Committee. Diane received a B.A. in accounting (with distinction) from George Mason University in Fairfax, Virginia.

PRICING

$289.00 - Member

$389.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

American Institute of CPAs

ALSO QUALIFIES FOR