Event Description

This course will inform you of the most critical accounting challenges facing governments and not-for-profits in 2022. Topics covered include: (1) the implementation of GASB No. 87 related to leases; (2) the implementation of recent FASB ASUs related to contributed nonfinancial assets and leases; and (3) other current GASB and FASB developments. The course will also update you on key audit developments affecting governments and not-for-profits.

Designed For

Auditors and industry professionals working with governments and not-for-profits

Objectives

Obtain a thorough working knowledge of key pronouncements affecting governments and not-for-profits Understand key implementation hurdles related to the leasing standards

Major Subjects

Preparing for the implementation of GASB No. 87 related to leases How to apply recent FASB ASUs related to contributed nonfinancial assets and leases Other key developments affecting governments and not-for-profits

Prerequisites

Some introductory knowledge of governments and not-for-profits

Instructions

None