Surgent's Latest Developments in Government and Nonprofit Accounting and Auditing

Overview

This year is indeed another year of significant change in the world of government and nonprofit accounting and auditing. Time is valuable, and it’s hard to stay current in today’s rapidly changing environment. Let us save you time and effort in staying current through this informative update course. The course materials utilize a highly illustrative and innovative format. Over 25 focused exercises are included to provide an enhanced working knowledge of the latest developments in government and nonprofit accounting and auditing.

This course qualifies for yellow book credit.

Highlights

• Developing issues related to the 2024 Yellow Book revision and the 2024 revision to the Uniform Guidance for Federal Awards
• Key AICPA developments affecting audits of governments and nonprofits (including SAS No. 146 on quality management)
• The implementation of GASB No. 101 on compensated absences
• GASB No. 103 addressing improvements to the financial reporting model
• The application of GASB No. 102 on certain risk disclosures and GASB No. 104 on disclosure of certain capital assets
• Key issues related to nonprofit financial reporting (e.g., presenting a measure of operations, various disclosures, etc.)

Prerequisites

Knowledge of government and nonprofit accounting and auditing

Designed For

Auditors and industry professionals working in the government and nonprofit environment

Objectives

• Keep up with the latest developments at the GAO, OMB, AICPA, GASB, and FASB
• Ensure that your accounting and auditing skills stay up-to-date with current requirements
• Be prepared for major changes on the horizon issues

Preparation

None