AICPA, "Not-for-Profit Entities 2020: Strengthening Audit Integrity Safeguarding Financial Reporting Industry Developments "
English | ISBN: 1950688437 | 2020 | 96 pages | PDF | 531 KB
English | ISBN: 1950688437 | 2020 | 96 pages | PDF | 531 KB
This Not-for-Profit Industry Development Audit Risk Alert shows changes on the horizon as well as current business environment issues and accounting and auditing challenges such as:
Cybersecurity and outsourcing
Implementation of FASB's revenue recognition standards
Changes to the auditor’s report
Preparation for FASB’s leases and other accounting standards updates
Delivered in an easily digestible format, this alert also covers legislative and regulatory issues like the unrelated business income tax and changes to IRS Form 990-T as well as a discussion of the Department of Labor’s overtime rule.