Governmental and Not-for-Profit Annual Update

Overview

The latest GASB developments and federal audit changes affecting governments and not-for-profits (NFPs) are explored in this update 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.

Course Instructor: Melisa F. Galasso

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

SSARS and SSAE update

Governmental auditing update

Prerequisites

Basic knowledge and experience in governmental and not-for-profit accounting and auditing

Designed For

Accountants and finance professionals working with governments and not-for-profits

Objectives

Apply the most recent requirements of GASB and FASB directed toward governments and not-for-profits.
Recall key points related to the latest developments in OMB and Yellow Book requirements.
Identify recent activities of the AICPA and how they affect the auditor's report.

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by AICPA. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.