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2025 Not-for-Profit Accounting & Auditing Update

 Various
 
3.0
Registration is Open
Member Price
$99.00 Regular Registration
Your Price
$129.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Mon, 06/23/2025 from 10:00 am to 1:00 pm
 Thu, 07/10/2025 from 1:00 pm to 4:00 pm
 Wed, 07/30/2025 from 3:00 pm to 6:00 pm
 Wed, 08/13/2025 from 5:00 pm to 8:00 pm
 Fri, 08/29/2025 from 10:00 am to 1:00 pm
 Tue, 09/09/2025 from 1:00 pm to 4:00 pm
 Tue, 09/30/2025 from 3:00 pm to 6:00 pm
 Fri, 10/03/2025 from 5:00 pm to 8:00 pm
 Fri, 10/24/2025 from 10:00 am to 1:00 pm
 Thu, 11/06/2025 from 7:00 pm to 10:00 pm
 Fri, 11/21/2025 from 3:00 pm to 6:00 pm
 Tue, 12/02/2025 from 5:00 pm to 8:00 pm
 Tue, 12/09/2025 from 10:00 am to 1:00 pm
Designed For:

Accounting Professionals

Prerequisite:

Prior experience with nonprofit accounting and auditing

This course provides a comprehensive update on the key developments impacting not-for-profit (NFP) accounting and auditing in 2025. While the FASB hasn't recently issued NFP-specific standards, several Accounting Standard Updates (ASUs) will significantly affect nonprofit organizations. We'll review these changes and their implications. We also explore the growing relevance of programmatic investments and their interplay with the Current Expected Credit Losses (CECL) standard, and examine the IFR4NPO initiative, a global project aimed at establishing universal financial reporting standards for nonprofits. On the auditing side, we'll delve into the impact of the new quality management standards, impacting firms that provide attestation services, including compilations and reviews for nonprofits. This session will equip you with the insights needed to navigate these changes and stay compliant.

Delivery Method: Individual webcast
CPE Credit: Accounting (governmental), Auditing (governmental)
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
  • Recognize the impact of recent ASUs on nonprofit financial reporting
  • Recall the components of quality management in the 2024 Yellow Book

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.