This program provides a 2020 update of the issues at the forefront of industry to assist the auditor in assessing risk. It also includes updates to FASB guidance through March 2020, complete with disclosure examples. This course also includes a single audit section for the Yellow Book and other new developments in compliance auditing. The U.S. GAAP refresher portion of the program includes coverage of some significantly enhanced sections in the AICPA's nonprofit audit guide and nonprofit Technical Practice Aids.
Participants will be able to: Apply the issues faced by nonprofits in today's environment which will help them assess risk Recognize and deal with major accounting and disclosure issues impacting their clients or organizations
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