Auditing Nonprofit Organizations
(AA-ANO) (1617-235)
Peculiarities that make nonprofit organizations different from business entities. Special audit and accounting considerations for nonprofit audits, authoritative literature and guidance. When is Single Audit required. Planning the nature, timing, and extent of audit procedures. Risk assessment, audit sampling and tests of controls. Fraud risk factors. Auditing cash, investments, contributions and promises to give; revenue and expenses, receivables, and liabilities. Application and interpretation of analytical procedures. Documentation. Emerging issues. Value added services.
Objectives:
Upon completion of this course participants will be able to:
1. Explain the peculiarities that make nonprofit organizations different from other entities and what
special audit and accounting issues the auditor must consider.
2. Apply the correct audit planning methodology and techniques.
3. Identify which audit procedures are required.
4. Apply and interpret analytical audit procedures.
Instructional Delivery Method: Group Live
CPE Credits: 8
P. R. Field of Study: Accounting and Auditing
NASBA Field of Study: Auditing
Pre-requisite: Basic knowledge of the NFPO’s environment and basic staff auditing training.
Advance Preparation: None
Level: Intermediate
Date: December 13, 2016
Registration: 8:00am – 8:45am Seminar: 8:45am – 5:30pm
Instructors:
Luis A. Martínez Renta, CPA, Partner, Zayas, Morazzani & Company
Ricardo Falcón Sánchez, CPA, Senior Manager, Falcón Sánchez & Associates, PSC
Place: Colegio de CPA, Capital Center Building I, PH-2, Hato Rey
Cost: CPA & Foundation Members $106 Others $122
Additional Charges: Applications received after December 10, $8pp
To register:
• Click here; or
• Through “Calendario” at the CCPA-go mobile app.