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Latest Developments in Government and Nonprofit Accounting and Auditing 2016 (GNAA)

Friday, December 9, 2016
11:30 AM - 07:30 PM (Eastern)

Charles Blanton, CPA

  • Format Webinar
  • Credits 8
  • Level Update
  • Field of Study Accounting (Governmental) (4), Auditing (Governmental) (4)

Overview

2016 is yet 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 30 focused exercises are included to provide an enhanced working knowledge of the latest developments in government and nonprofit accounting and auditing.

Major Topics:

       
  • Performing single audits under the OMB's new Uniform Guidance for Federal Awards
  • Developing issues and challenges involving the Yellow Book
  • Key AICPA developments affecting audits of governments and nonprofits
  • Recent GASB activities directed towards state and local governments with an emphasis on the new OPEB standards (i.e., GASB Nos. 74 and 75) and continuing issues related to the pension standards (i.e., GASB Nos. 67 and 68)
  • Recent FASB activities directed towards nonprofits including the FASB's Financial Statements of Not-for-Profit Entities project (which will result in the most significant changes in nonprofit reporting in over twenty years!)

Learning 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

Who should take this course:

Auditors and industry professionals working in the government and nonprofit environment

Knowledge of government and nonprofit accounting and auditing

None

No

No

Yes

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