2024 Annual Update for Governments & Not-for-Profits
Monday, February 03, 2025
Webcast or Webinar, Online
9:00 AM - 5:00 PM (opens at 8:30 AM) EST
8Credits
Accounting and Auditing
Registration is Open
Members
$239.00 Regular Price
Non-Members
$359.00 Regular Price
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$160.00 Members / $224.00 Non-Members
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Course Type: Webcast
Course Code: 24/CX46415
Level: Update
Vendor: CPA Crossings, LLC
Field of Study: Auditing (Governmental), Accounting (Governmental)
Overview:
We kick off this course with a look at the GASB standards that are effective this year including GASB 100, Accounting Changes and Error Corrections and GASB 101, Compensated Absences. We then move to the NFP side of the house with a look at the Accounting Standard Updates issued by the FASB that impacts nonprofit entities. Following that, we review the work of the Not-for-Profit Advisory Committee (NAC) and the projects they advise the FASB on. After the break, we will conduct a deeper dive into Yellow Book and Single Audit engagements. The course closes with a look at the significant changes in the 2024 Compliance Supplement, the changes to the Uniform Guidance and the common deficiencies identified by the federal agencies and peer reviewers. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.Objectives:
After attending this presentation, you will be able to...
- Recall changes to nonprofit and governmental accounting standards.
- Identify key issues in governmental auditing.
Major Topics:
The major topics that will be covered in this course include:
- New GASB standards
- GASB 100, Accounting Changes and Error Corrections
- GASB 101, Compensated Absences.
- Accounting Standard Updates issued by the FASB
- Not-for-Profit Advisory Committee (NAC) and the projects they advise the FASB on.
- Yellow Book and Single Audit engagements.
- Changes in the 2024 Compliance Supplement
- Changes to the Uniform Guidance
- Common deficiencies identified by the federal agencies and peer reviewers.
Major Topics:
The major topics that will be covered in this course include:
- New GASB standards
- GASB 100, Accounting Changes and Error Corrections
- GASB 101, Compensated Absences.
- Accounting Standard Updates issued by the FASB
- Not-for-Profit Advisory Committee (NAC) and the projects they advise the FASB on.
- Yellow Book and Single Audit engagements.
- Changes in the 2024 Compliance Supplement
- Changes to the Uniform Guidance
- Common deficiencies identified by the federal agencies and peer reviewers.