Latest Developments in Government and Nonprofit Accounting and Auditing

Overview

In today’s fast-paced environment, keeping up with the latest accounting and auditing requirements for governments and nonprofits can be challenging, but this course makes it easier! Designed to save you time and effort, this comprehensive update provides clear explanations of the most important developments affecting governments and nonprofits. Using a highly illustrative and innovative format, the course features over 25 focused exercises to strengthen your working knowledge and ensure you leave prepared to apply the latest accounting and auditing standards with confidence.

Objectives

• Keep up with the latest developments at the GAO, OMB, AICPA, GASB, and FASB
• Ensure that your accounting and auditing skills stay up-to-date with current requirements
• Be prepared for major changes on the horizon

Highlights

• Developing issues related to the Yellow Book and single audits
• Key AICPA developments affecting audits of governments and nonprofits
• The implementation of GASB No. 103 on financial reporting model improvements
• GASB No. 104 addressing disclosure of certain capital assets
• Impacts of recently applied governmental standards, recently issued implementation guide questions, and additional GASB projects (e.g., subsequent events)
• The essential disclosure requirements specific to not-for-profit organizations and strategies for enhancing clarity and value
• The advantages, challenges, and best practices for effectively presenting a measure of operations

Designed For

Auditors and industry professionals working in the government and nonprofit environment

Prerequisites

Knowledge of government and nonprofit accounting and auditing

Preparation

None

Notice

To access this program, log into your CTCPA account at https://www.ctcpas.org/my-cpe/upcoming and click on the orange "Launch Event" button.