VIRTUAL ONLY: Not-for-Profit Accounting and Auditing Update


The best avenue to success is to be indispensable to your clients. The best way to becoming indispensable is having a solid understanding of your client's business. This course details the latest developments affecting not-for-profits such as requirements of FASB directed toward the organizations and information on the latest OMB and Yellow Book developments.


  • Federal government activities
  • AICPA activities and emerging issues related to not-for-profit entities
  • FASB activities


  • Apply the most recent requirements of the FASB directed toward not-for-profits.
  • Recall key points related to the latest developments in OMB and Yellow Book requirements.
  • Identify recent activities of the AICPA.

Designed For

Accounting and finance personnel responsible for accounting and financial reporting for not-for-profits and auditors


Thomas Newell

Thomas (Tom) is a shareholder in the firm of Newell & Newell, P.C., which is located in Columbus, GA. Tom started the firm with his wife, Silvia Newell, CPA in 1986. Prior to that, his public accounting experience included both local firms and international firms. Tom is an active peer reviewer, having performed over 200 reviews, and has been involved with the peer review program since 1989. Tom served on the Georgia Society peer review committees from 1989 to 1993. In 1993, he was selected to be one of the technical reviewers for the Georgia Society and served as a technical reviewer for them for nine years. Tom has also served several years on the accounting and auditing committee at the Georgia Society. In addition, he has been a frequent speaker for the Georgia Society of CPAs at the Southeastern Accounting Show, Tax Forum (A&A topics), and the Accounting Institute among other conferences. Tom is also a discussion leader for various continuing education courses on A&A topics for the state societies. In 2015 and 2016, Tom received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills. Tom graduated cum laude from Georgia Southwestern College in Americus, GA in 1980.