Annual Update: Top Governmental and Not-for-Profit Accounting and Auditing Issues Facing CPAs
Contenu
This book provides a review of the top accounting and auditing issues faced by preparers of governmental and not-for-profit financial statements and their auditors. Key areas covered include: GASB 87, Leases; revenue recognition, including grants and contracts; risk assessment; and financial reporting. Key topics include: * * Current GASB developments * * Audit issues related to GASB developments * * Recent GASB pronouncements and their impact on accounting and reporting * * Top advice from the AICPA's Technical Hotline and the GASB Technical Inquiry System