Series:

AICPA Audit Guide

1 total work

Cover of Not-for-Profit Entities 2020

Not-for-Profit Entities 2020

Published 23 June 2020

This Not-for-Profit Industry Development Audit Risk Alert shows changes on the horizon as well as current business environment issues and accounting and auditing challenges such as:

  • Cybersecurity and outsourcing
  • Implementation of FASB's revenue recognition standards
  • Changes to the auditor’s report
  • Preparation for FASB’s leases and other accounting standards updates

Delivered in an easily digestible format, this alert also covers legislative and regulatory issues like the unrelated business income tax and changes to IRS Form 990-T as well as a discussion of the Department of Labor’s overtime rule.