A&A Update for Nonprofits and Single Audit WEBINAR
Overview
This course provides a high-level overview of the most important accounting, financial reporting, compliance and audit issues facing nonprofit entities and their accountants. The focus is on explaining the basis behind major issues and trends in executive summary (yet practical) form, enabling professionals to understand the most important aspects of relevant standards, and the basis for any potential changes on the horizon.
Highlights
Current impacts of accounting and financial reporting on nonprofit entities. Recently released FASB standards that impact nonprofit financial reporting the most. Current issues and challenges involving Yellow Book financial statement audits. Critical considerations when performing Single Audits under OMB Uniform Guidance for Federal Awards. Important AICPA professional standard developments related to providing audit and nonaudit services to nonprofits.
Prerequisites
Familiarity with GAAP, SAS, Yellow Book, and Single Audit.
Designed For
Anyone who is responsible for preparing financial statements or performs financial statement or Single Audits.
Objectives
Recall recent developments of the FASB, GAO, OMB and AICPA relevant to nonprofit entities. Analyze the impact of new technical, professional, and regulatory requirements on nonprofit entities. Recall current accounting, reporting, and compliance issues faced by nonprofit entities. Apply best practices to minimize noncompliance with Yellow Book and Single Audits
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Jennifer Louis, Surgent McCoy CPE LLC
Jennifer F. Louis, CPA has over 25 years of experience in designing and presenting high-quality training programs in a wide variety of technical accounting, auditing, and “soft skills” topics needed for professional and organizational success. She is the principal author of audit and attest related courses for Surgent and a frequent speaker at Surgent live programs and seminars. Ms. Louis is also the president of Emergent Solutions Group, LLC, a company she founded in 2003, dedicated to developing and delivering a wide variety of accounting and auditing training services, including audit staff training, audit productivity improvement, and value-added auditing. Prior to that, she was executive vice president/director of training services at AuditWatch, Inc. Before joining AuditWatch, Ms. Louis was the financial/operational internal audit manager at AARP. While at AARP, she served as one of their specially trained facilitators available as a resource throughout the organization for designing and leading strategic meetings and training sessions. Ms. Louis was also an audit manager for Deloitte and Touche, LLP. During her years in that firm’s Washington, D.C. office, she served as an instructor for the firm’s national “Train the Trainers” program. Ms. Louis graduated summa cum laude from Marymount University with a BBA in accounting.
Non-Member Price $289.00
Member Price $239.00