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 horizonHighlights
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 the implementation of SAS No. 146 on quality management) Key issues related to not-for-profit financial reporting (e.g., presenting a measure of operations, various disclosures, concentrations of risk, and etc.) Key challenges encountered in not-for-profit accounting (e.g., conditional contributions, restricted contributions, contributed services, membership dues, noncash contributions, and etc.) Additional issues in not-for-profit reportingDesigned For
Auditors and industry professionals working in the nonprofit environmentPrerequisite
Knowledge of nonprofit accounting and auditingAdvanced Preparation
None