This course provides an update to the recent accounting pronouncements affecting not-for-profits, the not-for-profit landscape, recent audit pronouncements and very important updates for those performing single audits and other types of compliance audits.
Participants will be able to:
- Implement the most recent accounting and disclosure requirements impacting not-for-profit entities
- Evaluate how the changes to auditing standards impact their financial statement audits
- Recognize areas of risk in a not-for-profit and integrate the awareness of risk in financial statement audits
- Identify the most recent OMB, Federal agency, and Single Audit requirements and be able to test them
Prerequisites/Advanced Preparation: None
Qualifies for the 24-hour Yellow Book requirement. Determination as to the qualification of certain courses for the Yellow Book 24-hour requirement should be made on an auditor-specific basis depending on that auditor’s Yellow Book clients. Note that the determination of course qualification is a matter of an auditor’s professional judgment in consultation with appropriate individuals in the audit firm. The 24 hours are a subset of the 80-hour requirement.
Registration ends 8/20/24
Members: Free Non-Members: $40