Virtual Nonprofit Series: Nonprofit Accounting and Auditing Update

Overview

This session provides a comprehensive update on recent accounting standard changes, key audit issues impacting nonprofit organizations and best practices for financial reporting. Gain valuable insights into evolving regulatory requirements, financial statement presentation and common compliance challenges affecting nonprofit audits.

Highlights

• Updates on FASB standards impacting nonprofit financial statements.
• Key changes in auditing standards and their effects on nonprofit audits.
• Financial statement presentation and compliance considerations.
• Common nonprofit audit deficiencies and risk areas.
• Best practices for nonprofit financial management and audit preparation.

Prerequisites

Basic knowledge of nonprofit accounting and auditing principles

Designed For

CPAs and accounting professionals working in nonprofits or who have nonprofit organizations as clients, financial officers or board members of nonprofits.

Objectives

• Identify recent changes to nonprofit accounting standards and their impact on financial reporting.
• Understand key updates in auditing standards and their implications for nonprofit audits.
• Recognize common financial reporting and audit deficiencies.
• Apply best practices to improve financial statement accuracy and audit readiness.

Notice

This session is part four of the four-part Nonprofit Virtual Series. Sessions can be purchased individually, or save $80 when purchasing the bundle webinar package (see below).