Annual Update for Governments and Not-for-Profits

Overview

4.0 Credits
IN-PERSON

Catch up on the latest developments in accounting and auditing for state and local governments and not-for-profits in a power-packed four-hour session. You will review recent activities of the OMB, GAO, AICPA, GASB, and FASB, and also get a feel for significant projects that these organizations are working on for the future.

Objectives

 Recall key points related to new pronouncements recently issued by the OMB, GAO, AICPA, GASB, and FASB.  Apply new requirements.

Major Topics

 Federal government activities  Accounting standards updates  ASB Clarity Project  AICPA activities and emerging issues related to not-for-profit entities  GASB activities

Designed For

Accounting and finance personnel responsible for accounting and financial reporting for governments and not-for-profits, auditors for these entities

Prerequisite

Basic knowledge and experience in governmental and not-for-profit accounting and auditing

Advanced Preparation

None
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NOTES: This class is part of the Winter Cluster. This class may qualify for Yellow Book; determination is made on an auditor specific basis depending on auditor's Yellow Book clients. Visit gao.gov/yellowbook for specific requirements. THIS IS A PAPERLESS CLASS. Electronic materials for this class will be available for download approximately 1 week before the class by logging into your account on our website.