Annual Update: Top Governmental and Not-for-Profit Accounting and Auditing Issues Facing CPAs

<p>This book provides a review of the top accounting and auditing issues faced by preparers of governmental and not-for-profit financial statements and their auditors. Key areas covered include: GASB 87, Leases<b>; r</b>evenue recognition, including grants and contracts<b>; r</b>isk assessment<b>;</b> and financial reporting.</p> <p>Key topics include:</p> <ul> <li>· Current GASB developments </li> <li>· Audit issues related to GASB developments </li> <li>· Recent GASB pronouncements and their impact on accounting and reporting </li> <li>· Top advice from the AICPA’s Technical Hotline and the GASB Technical Inquiry System </li> </ul>