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DTSTAMP:20260417T031444Z
DTSTART:20270406T133000Z
DTEND:20270406T173000Z
SUMMARY: 2026/27 Annual Update for Not-for-Profit Accountants & Audit
DESCRIPTION: This comprehensive annual update brings together key accounting\, auditing\, and compliance developments affecting not-for-profit organizations. The course integrates recent standard-setting activity\, audit and attestation updates\, and Single Audit developments to provide a practical view of changes impacting nonprofit financial reporting and oversight.

Participants will begin with an overview of accounting developments affecting not-for-profit organizations\, including recently issued Accounting Standards Updates (ASUs) from the Financial Accounting Standards Board and an introduction to the International Non-Profit Accounting Standard (INPAS). Emphasis is placed on understanding the purpose and structure of INPAS and how it compares conceptually to U.S. GAAP requirements for NFPs.

The course then shifts to auditing and attestation developments from the AICPA\, including the next phase of quality management with a focus on monitoring and remediation responsibilities. Participants will also review recent and upcoming standards affecting audit\, attestation\, and consulting engagements\, including updates related to SSAEs\, SSARSs\, exposure drafts on confirmations and fraud\, and changes affecting group audits.

Finally\, the course addresses recent developments impacting Single Audits for not-for-profit organizations receiving federal funding. Topics include the 2024 Uniform Guidance overhaul\, updates to Appendix B of the AICPA GAS/Single Audit Guide\, recent guidance issued through the Office of Management and Budget (OMB)\, and reporting changes related to SAM.gov.

Designed for nonprofit preparers\, auditors\, and financial leaders\, this course helps participants understand how recent accounting and auditing changes intersect-and what to monitor as requirements continue to evolve.

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