Learn the latest accounting and auditing developments affecting not-for-profits so that accountants, auditors, and financial managers can prepare financial statements with confidence. This work covers new FASB requirements and information on the latest OMB and Yellow Book developments. It features major program determination and case studies related to revenue recognition and auditing documentation and covers hot topics including:
- NFP financial statements
- Risk assessment
- Documentation
- Leases
- Yellow Book
- Major program determination Key changes
- GASB updates including GASB Statement No. 91, Conduit Debt Obligations
- AICPA activities including changes to the auditor's report
- FASB updates including revenue recognition, grants and contracts, updating the definition of collections, and implementation issue surrounding the financial reporting standard
- Federal government activities including updates to the Compliance Supplement and proposed changes to the Uniform Guidance
- ISBN10 1119747201
- ISBN13 9781119747208
- Publish Date 17 August 2020 (first published 27 June 2020)
- Publish Status Active
- Publish Country US
- Imprint John Wiley & Sons Inc
- Format Paperback
- Pages 192
- Language English