The major topics that will be covered in this course include:
- New GASB standards
- GASB 100, Accounting Changes and Error Corrections
- GASB 101, Compensated Absences.
- Accounting Standard Updates issued by the FASB
- Not-for-Profit Advisory Committee (NAC) and the projects they advise the FASB on.
- Yellow Book and Single Audit engagements.
- Changes in the 2024 Compliance Supplement
- Changes to the Uniform Guidance
- Common deficiencies identified by the federal agencies and peer reviewers.