Event List
Wednesday, August 13, 2014 1:00 PM

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Several long awaited accounting standards have been finalized and it is essential that nonprofit organizations are aware of and ready for these changes. Join us on August 13 from 1:00 p.m. - 2:30 p.m. for an informative webinar Nonprofit Accounting and Compliance Updates - What You Need to Know featuring Lisa Ritter, Partner, of Maher Duessel, a PAR Associate Member, as she provides participants with the latest information about new accounting standards and compliance requirements. Ms. Ritter is one of our most well-reviewed webinar presenters – one attendee stated of her previous PAR webinar “This should be the template for future webinars. Presenter was concise, but thorough. Slides were uncluttered, but informational.”

Ms. Ritter will review in detail the newly released OMB Uniform Guidance that must be followed by organizations receiving federal financial assistance and discuss her conversation with the Bureau of Audits (BOA) concerning their first thoughts on what changes may result from the new guidance.

In addition, COSO, the framework that provides guidance about internal control used by auditors to determine if there are control weaknesses has been updated. The revised framework includes more emphasis on information technology controls that needs to be considered. Ms. Ritter will review the new accounting standards as well as the revised internal control framework so that organizations can begin planning.