Nonprofit Auditing and Accounting Update (2012–2013 Edition)

Ever have a discussion with a client or auditor regarding a recent not-for-profit accounting or auditing development and not have a clue regarding what they were talking about? Get more than just a clue, solve the entire case through this timely update designed to help you understand the latest accounting and auditing developments affecting not-for-profits.

Objectives:

• Gain a working knowledge of the FASB Accounting Standards Codification™
• Review other recent FASB pronouncements relating to not-for-profits, including mergers and acquisitions; endowments subject to UPMIFA; FIN 48 and not-for-profits
• Review recent federal activities related to Yellow Book and A-133 engagements
• Readily understand recent AICPA pronouncements related to communicating internal control related matters identified in an audit; compliance auditing; and RSI
• Study other AICPA activities

Prerequisite: Knowledge of nonprofit auditing and accounting

Advanced Preparation: None

In this video, W.A. Broadus Jr., CPA, CGFM, President of W.A. Broadus Jr. CPA, PC, a respected consultant in the governmental and nonprofit area, employed for several years with the GAO, and author of many AICPA professional development courses, interviews James R. Dalkin, CPA, CGFM, Director, GAO; Allen L. Fetterman, CPA, retired Partner of Loeb & Troper and lecturer; John Fisher, CPA, Director NEAR, U.S. Dept. of Health and Human Services; Mary Foelster, CPA, AICPA Director–Governmental Auditing and Accounting; James S. Remis, CPA, Partner, Federman, Lally & Remis, LLC; and George A. Rippey, CPA, former Deputy Assistant Inspector General for Audit, U.S. Dept. of Education.

The DVD/manual format consists of a DVD containing a video file (playable in its entirety or by segment), a CD containing a PDF file of the manual, and a bound printed manual.