Preparers of governmental and nonprofit financial statements and their
auditors often seek advice from the AICPA’s Technical Hotline as well as
from the GASB Technical Inquiry System. The advice they receive from
these sources is high-quality and non-authoritative but offers viable
solutions or reasonable alternatives for accounting and auditing issues
related to governmental and nonprofit organizations. The objective of
this course is to enhance participants’ knowledge and application of
professional judgment by providing a review of the top accounting and
auditing issues faced by preparers of governmental and nonprofit
financial statements and their auditors based on calls and inquiries
received by both the AICPA and GASB over the past year.