Self-Study
Latest Developments in Nonprofit Accounting and Auditing
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Wednesday, May 1, 2024 – Wednesday, April 30, 2025
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8.00CREDITSAuditing (Governmental), Accounting (Governmental)
This is another year of significant change in the world of nonprofit accounting and auditing. Time is valuable, and it's hard to stay current in today's rapidly changing environment. Let us save you time and effort with this informative update course. The course materials utilize a highly illustrative and innovative format. Over 30 focused exercises are included to provide an enhanced working knowledge of the latest developments in nonprofit accounting and auditing.
Objectives
- 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 Yellow Book audits and single audits
- Key AICPA developments affecting audits of nonprofits (including the implementation of SAS No. 145 on risk assessment)
- How ASU No. 2020-07 affected the reporting and disclosure of contributed nonfinancial assets through the lens of three implementers
- Understanding FASB ASC 842, Leases, and how nonprofits will implement the standard (including a look at early implementers and year two leasing issues)