2024 Not-for-Profit Accounting & Auditing Update
Thursday, February 27, 2025
Webcast or Webinar, Online
7:00 PM - 11:00PM (opens at 6:30 PM) EST
4Credits
Accounting and Auditing
Registration is Closed
Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.
Members
$129.00 Regular Price
Non-Members
$159.00 Regular Price
Course Type: Webcast
Course Code: 24/AC912690
Level: Update
Vendor: ACPEN
Field of Study: Auditing (Governmental), Accounting (Governmental)
Overview:
The Not-for-Profit Advisory Committee has been busy discussing several projects that the FASB is working on and their impact on nonprofits. In this course, we will review the key issues and discussions from recent NAC meetings. We'll also take a look at ASUs issued by the FASB that may impact nonprofit financial statements. After a break, we then transition from accounting to auditing with a look at the common deficiencies found in nonprofit Yellow Book audits with a focus on CPE, reporting, and independence.
Objectives:
- Recall the impact of ASUs on nonprofit organizations
- Recall the activities of the nonprofit advisory committee
- Identify common deficiencies in Yellow Book Engagements
- Recall the independence requirements in Yellow Book
Major Topics:
- CECL
- NAC
- Independence
Major Topics:
- CECL
- NAC
- Independence