This course will inform you of the most critical accounting challenges facing governments and not-for-profits in 2022. Topics covered include: (1) the implementation of GASB No. 87 related to leases; (2) the implementation of recent FASB ASUs related to contributed nonfinancial assets and leases; and (3) other current GASB and FASB developments. The course will also update you on key audit developments affecting governments and not-for-profits.
BENEFITS
- Preparing for the implementation of GASB No. 87 related to leases
- How to apply recent FASB ASUs related to contributed nonfinancial assets and leases
- Other key developments affecting governments and not-for-profits
HIGHLIGHTS
- Obtain a thorough working knowledge of key pronouncements affecting governments and not-for-profits
- Understand key implementation hurdles related to the leasing standards
PREREQUISITES
Some introductory knowledge of governments and not-for-profits