Auditing, Assurance, and Ethics Update for Governments and Not-for-Profits
Overview
Navigating auditing changes for governments and not-for-profit
Change can be difficult if you do not have the information necessary to implement the new guidance.
Designed for auditors and preparers of NFP and government financial statements, this course will help you keep abreast of recent changes applicable to your work.
Topics covered include:
Highlights
Prerequisites
Knowledge of auditing standards and the government and NFP environments
Designed For
Objectives
- Identify the requirements of recently issued or effective Statements on Auditing Standards (SASs).
- Identify the requirements of Statement on Quality Management Standards (SQMS) No. 1,
- A Firm's System of Quality Management
- , SQMS No. 2,
- Engagement Quality Reviews
- , and SQMS No. 3,
- Amendments to QM Sections 10
- , A Firm's System of Quality Management,
- and 20,
- Engagement Quality Reviews.
- Identify the projects and objectives on the Auditing Standard Board's 2026-2027 audit standard-setting work plan agenda that may affect auditors.
- Identify recent changes to the AICPA Code of Professional Conduct that affect auditors of governments and NFPs.
- Distinguish the provisions of the
- Government Auditing Standards 2024 Revision
- .
- Identify Yellow Book requirements related to independence, management's responsibilities, and reporting.
- Identify changes to the Uniform Guidance.
Notice
This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by AICPA.
Leader(s):
Leader Bios
Bruce Shepard
Bruce Shepard, CPA, was most recently an assistant professor of accounting at George Fox University and an adjunct professor of accounting at the University of Oregon, prior to becoming an instructor for the AICPA in 2012. From 2006-2010, Shepard was the CFO of Las Vegas Gaming, Inc. in Las Vegas, Nevada, where he had full management responsibility for all financial affairs, daily business operations, administration and human resources. From 1985-2006, Shepard was in charge of the Middle Market Practice for PricewaterhouseCoopers, LLP in Portland, Oregon, where he served as an assurance partner focusing on providing proactive business advisory services to fast-growing companies.
At PricewaterhouseCoopers, LLP, Shepard spearheaded more than 100 acquisitions and divestitures by leading the financial structuring and negotiations. He worked with clients to develop strategic plans for short-term and long-term growth and assisted companies with attaining their needed growth capital. Shepard was awarded “Beta Alpha Psi Professional of the Year” in 2006 for sustained involvement with the University of Oregon.
Non-Member Price $119.00
Member Price $99.00