Not-for-Profit Accounting and Auditing Update (111221A-15)
Description
The best avenue to success is to be indispensable to your clients. The
best way to becoming indispensible is having a solid understanding of
your client’s business. This course details the latest developments
affecting not-for-profits such as requirements of FASB directed toward
the organizations and information on the latest OMB and Yellow Book
developments.
Learning Objectives
Apply the most recent requirements of the FASB directed toward
not-for-profits.
Utilize a solid understanding of the latest
developments in OMB and Yellow Book requirements.
Identify recent
activities of the AICPA.
Major Topics
• Federal government activities • Accounting standards updates • ASB Clarity Project • AICPA activities and emerging issues related to not-for-profit entities • Private company financial reporting
Course Level
Update
CPE Field of Study
Accounting (Governmental)
2
Auditing (Governmental)
2
Prerequisites
Knowledge of not-for-profit accounting and auditing