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Technical

Annual Update: Top Governmental and Not-for-Profit Accounting and Auditing Issues Facing CPAs Logo aicpa

  Lynda Dennis, CPA, CGFO, Ph.D. |   $149.00 - 239.00 |   CPE: 8.0-10.0 |   AICPA |   Jul 2019 |   Accounting And Auditing (Governmental) |   AICPA Store

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 and/or reasonable alternatives for accounting and auditing issues related to governmental and nonprofit organizations.

Featuring updates on audit sampling, GASB 67 and 72, this course will enhance the participant's knowledge by providing a review of the top accounting and auditing issues faced by preparers and their auditors, based on calls and inquiries received by both the AICPA and GASB over the past year.

Learning Objectives

This course will prepare you to do the following:

  • Identify current accounting issues facing governmental and not-for-profit organizations
  • Recognize audit challenges related to newly effective GASB standards
  • Apply recent GASB pronouncements to accounting transactions
  • Recall audit issues related to new and existing GASB standards

Key Topics

  • Current GASB developments
  • Audit issues related to GASB developments
  • Recent GASB pronouncements and their impact on accounting and reporting
  • Top advice from the AICPA's Technical Hotline and the GASB Technical Inquiry System

Who Will Benefit?

  • External and internal auditors of governmental organizations
  • Governmental accounting professionals

DISCOUNTS

Not-for-Profit Section Members Save an Additional 20%!

When you log into this website with your AICPA member user account, the section/credential discount will be automatically applied during checkout. Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or service@aicpa.org.

Find out more information on the NFP Section.

Topics covered:
  • Governmental auditing: Technical: Single audit, Intermediate
  • Governmental auditing: Technical: Yellow Book: Auditor independence, Intermediate
  • Governmental auditing: Technical: Government financial statement audit: GASB accounting requirements, Intermediate
  • Governmental auditing: Technical: Government financial statement audit: Audit risk assessment, Intermediate
  • Governmental auditing: Technical: Government financial statement audit: Pensions and OPEB, Intermediate
  • Assurance: Technical: Audit, Intermediate
  • Not-for-profit: Technical: FASB financial accounting & reporting, Intermediate
  • Not-for-profit: Technical: Exchange transaction revenue, Intermediate
  • Not-for-profit: Technical: Functional expenses & joint costs, Intermediate
  • Not-for-profit: Technical: Tax & regulatory, Intermediate
  • Not-for-profit: Technical: Audit, Intermediate
Enhance your knowledge and application of professional judgment.
Who Will Benefit?
  • External and internal auditors of governmental and nonprofit organizations and governmental and nonprofit accounting professionals
Key Topics
  • Current GASB developments
  • Audit issues related to GASB developments
  • Recent GASB pronouncements and their impact on accounting and reporting
  • Top advice from the AICPA's Technical Hotline and the GASB Technical Inquiry System
Learning Objectives
  • Identify current accounting issues facing governmental and not-for-profit organizations.
  • Recognize audit challenges related to newly effective GASB standards.
  • Apply recent GASB pronouncements to accounting transactions.
  • Recall audit issues related to new and existing GASB standards.

Are you seeking viable solutions or reasonable alternatives for accounting and auditing issues related to governmental and nonprofit organizations?

Developed for preparers of governmental and not-for-profit financial statements, and their auditors, this self study course offers high quality and non-authoritative advice based on calls and inquiries received by both the AICPA's Technical Hotline and the GASB Technical Inquiry System over the past year. Topics include:

  • Revenue recognition
  • Grants and contracts
  • Financial reporting

Self-Study Text Credits

Field of Study CPE Yellow Book
Accounting (Governmental) 2.5 2.5
Auditing (Governmental 1.0 1.0
Accounting 4.0 4.0
Auditing 2.5 2.5

Self-Study Online Credits

Field of Study CPE Yellow Book
Accounting (Governmental) 3.0 3.0
Auditing (Governmental 1.0 1.0
Accounting 2.0 2.0
Auditing 2.0 2.0

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