Webinar

Not-for-Profit Accounting & Auditing Update

  • Monday, August 3, 2020

    10:00am – 1:57pm
  • 4
    CREDITS
    Auditing (Governmental), Accounting (Governmental)

Not-For-Profit entities and their auditors are challenged with many unique accounting issues. This course features a deep dive into ASU 2018-08 and its impact on revenue recognition for grants and other contracts. We also review other ASUs that directly or indirectly impact nonprofit entities. As we turn from accounting to auditing, we will look at recent changes in auditing and attestation standards that will impact NFPs and examine the latest developments in OMB and Yellow Book requirements.

Objectives

  • Describe the indicators of a barrier

  • Prepare a properly formatted auditors report under SAS 134

  • Identify ASUs impacting NFP Entities

  • List changes to Yellow Book

Highlights

  • Not-for-profit accounting
  • Not-for-profit auditing 
  • SAS 134

 

Additional Information

Designed For

Professionals in the accounting industry.

Vendor

ACPEN

Advanced Preparation

None

Credits

2.00 Auditing/Yellow Book

2.00 Accounting/Yellow Book

Prerequisite

Prior Experience with NFP financial reporting or auditing



Course Number

202771074

Level of Knowledge

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