Nonprofit Industry Update & GAAP Refresher

The start date for this course has passed. Registration is no longer available.

This course is 8.00 credits
Facility Name
Four Points by Sheraton Wakefield
Facility Address
1 Audubon Rd
Wakefield, MA 01880-6226
Fields of Study
Accounting, Auditing
Course Level
Kaplan Financial Education

Registration Fees

MSCPA Member
AICPA Member
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Friday, Nov 8, 2019
8:45am – 4:30pm

This program provides a 2019 update of the issues at the forefront of industry to assist the auditor in assessing risk. It also includes updates to FASB guidance through March 2019 with a specific section on the new not-for-profit financial statements, complete with disclosure examples. We will also discuss the FASB's pending ASU related to the accounting for grants and contracts, as well as a discussion of the AICPA's task force recommendations related to revenue recognition. This course also includes a single audit section which has been updated for the newly-issued Yellow Book and other new developments in compliance auditing. The U.S. GAAP refresher portion of the program includes coverage of some significantly enhanced sections in the AICPA's nonprofit audit guide and nonprofit Technical Practice Aids.


This seminar qualifies for the Workforce Training Express Fund program. The course code for this program is 1121340  Click here for more details:

Designed For

 Practitioners working with nonprofit organizations in public practice  Nonprofit industry accountants who need to keep on top of current accounting and disclosure requirements

Course Objectives

Participants will be able to:  Apply the issues faced by nonprofits in today's environment which will help them assess risk  Recognize and deal with major accounting and disclosure issues impacting their clients or organizations

Major Subjects

MAJOR SUBJECTS  Not-for-profit industry updates 2018-2019  Major accounting and disclosure issues specific to nonprofit organizations  Single audit update  Newly-issued Yellow Book (GAS)


Basic familiarity with not-for-profit accounting and auditing

The start date for this course has passed. Registration is no longer available.