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Webinar

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Annual Update for Not-for-Profit Accountants and Auditors

Thursday, May 22, 2025
8 a.m.-4 p.m. Central
8 CPE (8 technical)

Course code: 25WX-0824
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The Not-for-Profit Advisory Committee (NAC) has been meeting with FASB to discuss the impact of various standards on the not-for-profit community. We'll look at the work of the NAC and the impact they've had. We'll then transition to the Accounting Standards Updates (ASUs) issued by the FASB that impact not-for-profit entities. We'll review year 2 considerations of the leases standard. We'll also review common not-for-profit deficiencies identified in peer review. Once we've wrapped up the accounting update, the course shifts to the audit side of the house with a look at what's going on at the AICPA. We'll review the impact of the changes to group audits as the changes coming down the pike for quality management. This course will keep auditors up to date on the work of the ASB.


This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Major subjects

  • The Not-for-Profit Advisory Committee (NAC)
  • Accounting Standards Updates (ASUs)
  • Year 2 considerations of the leases standard
  • Common not-for-profit deficiencies identified in peer review
  • What's going on at the AICPA

Learning objectives

  • Recall changes to financial reporting for not-for-profits
  • Recognize the impact of audit changes on not-for-profit audit engagements

Who should take this program?

  • Practitioners who audit not-for-profits as well as those with financial reporting roles within not-for-profit organizations

Pricing

Standard Member Fee $239.00
checkmark Standard Nonmember Fee $239.00
Our records indicate you are a nonmember. If you register, you will be charged $239.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
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More program information

Instructor Melisa Galasso, CPA, CGMA, CSP, CPTD
Location Online
Area
of study
Not-for-profit
Field(s)
of study
Auditing (Governmental) - Technical (4.0)
Accounting (Governmental) - Technical (4.0)
Level Update
Format Group Internet Based
Sponsor CPA Crossings, LLC
NASBA ID#: 108744
Prerequisites Prereq. None
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date.
Learn more

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April 29, 2025 | 2024 Not-for-Profit Accounting Update | Webinar

June 24, 2025 | Annual Update for Not-for-Profit Accountants and Auditors | Webinar

July 28, 2025 | Annual Update for Not-for-Profit Accountants and Auditors | Webinar

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