2020 Not-for-Profit Accounting and Auditing Update

Chapter 1 1-1 AICPA Activities 1-1 Recently issued auditing and attestation standards 1-2 SAS No. 135 1-12 SAS No. 137 1-13 SAS No. 138 1-15 SSAE 19 1-16 SSAE 20 1-17 Recently issued changes to the Code of Professional Conduct 1-18 Other projects to monitor 1-22 2018 mid-year progress report - Enhancing Audit Quality 1-23 Addressing common audit deficiencies 1-25 Appendix 1A Chapter 1, A-1 Documentation Case Study Chapter 1, A-1 Appendix 1B Chapter 1, B-1 Example Auditor's Report and Case Study Chapter 1, B-1 Appendix 1C Chapter 1, C-1 Not-For-Profit Accounting and Audit Competency Resource Chapter 1, C-1 Chapter 2 2-1 FASB Activities 2-1 Revenue recognition and leases 2-3 ASU No. 2018-08, Not-for-Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made 2-8 ASU No. 2016-02, Leases (Topic 842) 2-10 Other recent FASB standards 2-16 ASU No. 2016-13 2-17 ASU No. 2016-15 2-19 ASU No. 2016-18 2-21 ASU No. 2017-04 2-23 ASU No. 2017-07 2-24 ASU No. 2017-08 2-25 ASU No. 2017-10 2-26 ASU No. 2018-13 2-27 ASU No. 2019-03 2-28 ASU No. 2019-06 2-29 ASU No. 2019-10 2-30 Staff Q&A on whether private companies and NFP entities can apply Staff Accounting Bulletin (SAB) No. 118 2-31 Relevant outstanding exposure drafts 2-32 ASU No. 2016-14 2-33 Appendix 2A Chapter 2, A-1 Revenue Recognition Case Study Chapter 2, A-1 Chapter 3 3-1 Federal Government Activities 3-1 Government Auditing Standards, 2018 Revision 3-2 OMB Compliance Supplement 3-4 Uniform Guidance refresher 3-11 Uniform Guidance -- SEFA 3-17 Uniform Guidance -- Determination of major programs 3-20 Uniform Guidance - Reporting considerations 3-26 Protected personally identifiable information 3-32 Uniform Guidance -- Procurement standards 3-33 Cost principles in a single audit 3-35 Government-wide audit quality study 3-40 Proposed changes to the Uniform Guidance 3-41 Common deficiencies found in single audits 3-44 Appendix 3A Chapter 3, A-1 Major Program Determination Case Study Chapter 3, A-1 Glossary Glossary 1 Index Index 1 Solutions Solutions 1 Chapter 1 Solutions 1 Chapter 2 Solutions 7 Chapter 3 Solutions 1