2021 Annual Government Accounting & Auditing Quarterly Update: Winter
Author: Robert K Minniti
| CPE Credit: |
2 hours for CPAs |
This course is designed for individuals who would like to obtain a basic understanding government accounting & auditing. We will review the changes in government accounting and auditing standards through and discuss topics of interest to government accountants and auditors. Topics will vary and will be updated on a quarterly basis.
Publication Date: March 2021
Designed For
CPAs, CFEs, CMAs, internal auditors, CIAs, external auditors, staff accountants, managers, CFOs and others responsible for accounting, risk management or internal controls for government entities.
Topics Covered
- Basic understanding government accounting & auditing
- Review the changes in government accounting and auditing standards through 2020
- Look ahead to proposed changes and revisions for 2021
Learning Objectives
- Identify the current and proposed changes to GASB standards
- Differentiate GASB standards and how they apply
- Recognize what was not a key update in the 2018 revisions to the Yellow Book
- Describe what would not automatically impair an auditor's independence
- Identify which auditors should consider increased risks because of COVID-19
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Accounting (Governmental) (1 hour), Auditing (Governmental) (1 hour)
Program Prerequisites
Basic understanding of governmental accounting and auditing.
Advance Preparation
None
