Objective
- Understand the latest GAO, OMB, AICPA, and FASB developments
- Keep your accounting and auditing skills up to date with current requirements
- Prepare for major changes on the horizon
Highlights
- Developing issues related to the 2024 Yellow Book revision and the 2024 revision to the Uniform Guidance for Federal Awards
- Key AICPA developments affecting audits of nonprofits (including SAS No. 146 on quality management)
- Key issues related to not-for-profit financial reporting (e.g., presenting a measure of operations, various disclosures, etc.)
- Key challenges encountered in not-for-profit accounting (e.g., conditional contributions, restricted contributions, contributed services, membership dues, noncash contributions, etc.)
Designed For
Auditors and industry professionals working in the nonprofit environmentPrerequisite
Knowledge of not-for-profit accounting and auditingAdvanced Preparation
None