MenuClose
 Log Out
Cart 0 items
Site Search
Course Search

2025 Annual Update for Not-for-Profit Accountants & Auditors

 Various
 
6.0
Registration is Open
Member Price
$189.00 Regular Registration
Your Price
$219.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Wed, 06/18/2025 from 10:00 am to 4:00 pm
 Sat, 06/28/2025 from 11:00 am to 5:00 pm
 Tue, 07/15/2025 from 2:00 pm to 8:00 pm
 Thu, 07/24/2025 from 10:00 am to 4:00 pm
 Tue, 08/05/2025 from 2:00 pm to 8:00 pm
 Thu, 08/21/2025 from 10:00 am to 4:00 pm
 Mon, 09/22/2025 from 10:00 am to 4:00 pm
 Wed, 09/24/2025 from 2:00 pm to 8:00 pm
 Mon, 10/06/2025 from 2:00 pm to 8:00 pm
 Tue, 10/28/2025 from 10:00 am to 4:00 pm
 Wed, 11/12/2025 from 2:00 pm to 8:00 pm
 Tue, 11/18/2025 from 10:00 am to 4:00 pm
 Mon, 12/08/2025 from 2:00 pm to 8:00 pm
 Wed, 12/17/2025 from 10:00 am to 4:00 pm
Designed For:

Accounting Professionals

Prerequisite:

Prior experience with nonprofit accounting and auditing

Stay ahead of the curve with this essential training designed for not-for-profit accountants and auditors. This course provides a comprehensive update on the latest developments impacting nonprofit financial reporting and auditing. On the accounting side, we will review the latest FASB standard-setting activities affecting NFPs, including programmatic investments and their interplay with the CECL standard. Additionally, we will explore the IFR4NPO project, a global initiative aimed at establishing universal financial reporting standards for nonprofits. Transitioning to auditing, this course covers the 2024 Yellow Book updates, the shift from quality control to quality management, and key audit matters with early adoption options. We'll also address Single Audit updates, GAO reports on improper payments and fraud, the Financial Data Transparency Act (FDTA), and recent Department of Education guidance on related parties.

Delivery Method: Individual webcast
CPE Credit: Accounting, Auditing
Program Level: Update

Sponsors

For Technical Support: 
Please contact the ACPEN Help Desk at (877) 602-9877, [email protected]   or visit https://vscpa.acpen.com/Support/. The Help Desk is available by phone 24/7, 365 days a year. Allow 1 business day for email

Objectives

  • Identify elements of the proposed IFR4NPO standards
  • Recall the impact of recent standard setting on programmatic investments
  • Identify the components of quality management
  • Recall the components of quality management in the 2024 Yellow Book
  • Identify changes to single audits as a result of the 2025 Compliance Supplement
  • Recognize the impact of the 2024 Uniform Guidance on Single Audits
  • Identify the key findings in GAO's Improper Payments: Information on Agencies' Fiscal Year 2023
  • Recognize the requirements of the FDTA
  • Identify the impact of the DOE's Related Party Disclosure Requirements on education audits

Speakers

Advanced Preparation

None

Vendor

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.