Governmental and Not-for-Profit Annual Update
Overview
The latest GASB developments and federal audit changes affecting governments and not-for-profits (NFPs) are explored in this update overview.
Delivery Method: Individual webcast
CPE Credit: Auditing (governmental), Accounting (governmental)
Program Level: Intermediate
This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by AICPA.
Highlights
Prerequisites
Basic knowledge and experience in governmental and not-for-profit accounting and auditing
Designed For
Accountants and finance professionals working with governments and not-for-profits
Objectives
- Identify the effect of GASB statements on accounting and financial reporting for state and local governments.
- Identify how FASB's accounting updates affect not-for-profit financial statements.
- Apply FASB Accounting Standards Update (ASU) No. 2016-13,
- Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments
- , to an example financial instrument.
- Identify the requirements of recently issued Statements on Auditing Standards (SASs).
- Identify changes to the AICPA Code of Professional Conduct that affect governments and NFPs.
- Identify changes made in the Government Auditing Standards 2024 Revision.
Leader(s):
Leader Bios
Renee Rampulla, Founder, Rampulla Advisory Services, LLC
Renee Rampulla, CPA, CGMA, is the managing member and founder of Rampulla Advisory Services, LLC, with over 30 years of experience in accounting, auditing, and professional ethics. She is a national standard-setter serving on the American Institute of Certified Public Accountants (AICPA) Auditing Standards Board.
She is a frequently requested and nationally recognized speaker and a five-time recipient of the AICPA’s Outstanding Instructor Award, a recipient of the 2016 New Jersey Society of CPAs “Women of Note” and in November 2023 received the “Samuel A. Dyckman, Excellence in Education Award” from the National Conference of CPA Practitioners. Renee has taught over 1,100 continuing professional education (CPE) courses.
She is the author of several accounting and auditing publications and continuing professional education courses for the AICPA, various State Societies, and numerous other organizations. Renee writes and lectures on technical accounting, auditing, and professional ethical issues. She has experience in the auditing of public and privately held entities ranging from the manufacturing and service sectors to financial services.
Renee was a partner in a regional accounting firm in the northeast in charge of the firm’s accounting and auditing practice and their quality control group. By devoting several years of her career to both regional and Big Four accounting firms Renee accumulated a wealth of technical and practical knowledge. In addition, while working for the AICPA, she performed professional ethics investigations; collaborated closely with senior technical committees; presented technical guidance before standard setters; and authored and updated several AICPA publications.
In 2022 Renee completed a three-year term as a member of AICPA council and served on the AICPA’s Ethics Enforcement Committee. She has served as Vice President of Professional Issues for the New York State Society of CPAs (NYSSCPA), is a past member of the NYSSCPA Executive Committee and former NYSSCPA Director at Large board member. Renee Rampulla has also chaired the NYSSCPA’s Professional Ethics and Nominating Committees and is the Past President of the NYSSCPA’s Staten Island Chapter. She has served in several other leadership positions for the NYSSCPA and continues to serve on many NYSSCPA committees. Renee has also served in leadership roles with the New Jersey Society of CPA (NJCPA) such as Chair and Vice-chair of the NJCPA Accounting and Auditing Standards Interest Group; Co-Chair of the NJCPA Accounting Standards and IFRS sub-committees and as a member of the NJCPA Audit and Professional Conduct committees.
For several years Renee was an adjunct lecturer at Hunter College, a City University of New York City, teaching various undergraduate accounting, auditing, and research courses.
Non-Member Price $419.00
Member Price $349.00