2024 Governmental and Not-for-Profit Annual Update

Wednesday, Jun. 18
9:00am - 4:30pm

(Check-In 8:45am )

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8.00 Credits

Member Price $279.00

^{Price will increase by $35 after 6/11}

Non-Member Price $404.00

^{Price will increase by $35 after 6/11}

Overview

Change is inevitable and at times overwhelming if you are unprepared. You can ensure you are current in governmental and not-for-profit accounting and auditing with this update course. Designed to prepare you for the latest accounting and auditing developments affecting governments and not-for-profits, this course gives you the tools and knowledge to implement the new standards.

Objectives

When you complete this course, you will be able to:

Identify the effect of GASB statements on accounting and financial reporting for state and local governments.

Identify how FASB's accounting updates affect not-for-profit financial statements.

Apply FASB Accounting Standards Update (ASU) No. 2016-13, Financial Instruments -Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, to an example financial instrument.

Identify the requirements of recently issued Statements on Auditing Standards (SASs).

Identify changes to the AICPA Code of Professional Conduct that affect governments and NFPs.

Identify changes made in the Government Auditing Standards 2024 Revision.

Highlights

GASB update

Not-for-profit accounting update

Revenue recognition in not-for-profits

FASB's lease standard

FASB update

Auditor's report and conforming changes

Auditing Standards Board update

Governmental auditing update

Designed For

Accountants and finance professionals working with governments and not-for-profits

Prerequisites

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

Preparation

None

Notice

By registering for this program and, accordingly, receiving the eMaterials, you’re acknowledging that you understand both the copyright restrictions on your eMaterials and the CTCPA cancellation policy.