Not-For-Profit Entities Industry Developments, 2016

Audit Risk Alert

von Aicpa

Taschenbuch

Kurzbeschreibung des Verlags

You'll find targeted discussion of emerging practice issues, plus current economic, accounting and auditing developments. Key Benefits: Among other topics, this Alert focuses on risks related to recent NFP trends, going concern, revenue recognition, and fair value issues. Also included is a discussion of recent and planned IRS activity with regard to NFPs. This alert also includes information on emerging issues such as: - Measuring the effectiveness of nonprofits - Alternative investment considerations - Going concern - IRS exempt organizations activities - FASB not-for-profit standard-setting activity - UPMIFA policies Updates - FASB ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) - FASB ASU No. 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern - FASB ASU No. 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity - FASB ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs - FASB ASU No. 2015-07, Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) - FASB ASU No. 2016-01, Financial Instruments--Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities Who Will Benefit: - Audit and accounting firms with nonprofit engagements - Financial managers at nonprofit organizations

• ISBN: 9781943546411
• Sprache: Englisch
• Erscheinungsdatum: 28.08.2017
• Verlag: Wiley