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.
This
meeting is part of the Atlantic City CPE Cluster: https://www.njcpa.org/cpe/products/cluster.
DESIGNED FOR
Accounting and finance personnel responsible for accounting and financial reporting for governments and nonprofits, as well as accounting and auditing
BENEFITS
- Apply the most recent requirements of the GASB & FASB directed toward governments and nonprofits.
- 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.
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
COURSE LEVEL
Update
PREREQUISITES
Basic knowledge and experience in governmental and nonprofit accounting and audit.
ADVANCE PREPARATION
None
ADDITIONAL NOTES
- Qualifies for Yellow Book Credit