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Self-Study

Planning the Audit Engagement: Not-for-Profit Governance and Assurance

Valid for one year from purchase date
Self-study - On-Demand
2.5 CPE (2.5 technical)

Course code: 26SI-0257
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If your organization is exempt from sales tax, call us at 952-831-2707 to complete your purchase.

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Audits of not-for-profit entities (NFPs) are similar in many ways to audits of commercial entities. There are, however, numerous unique aspects that should be considered when planning audits of NFPs. This course provides an overview of audit planning considerations.

Major subjects

  • Audit planning.
  • System of internal control components.
  • Risk assessment.
  • Identifying fraud.

Learning objectives

  • Recognize the purpose of the audit engagement for an NFP.
  • Distinguish the unique aspects of the NFP and its environment.
  • Identify laws and regulations that may have a direct and material effect on the determination of financial statement amounts.
  • Identify planning activities related to an audit.
  • Identify the components of a system of internal control.
  • Recognize risk assessment in an audit of an NFP.
  • Recall the auditor's responsibility to identify fraud.

Who should take this program?

  • CPAs, board members and accounting professionals new to NFPs or in need of a refresher.

Pricing

Standard Member Fee $79.00
checkmark Standard Nonmember Fee $95.00

MNCPA members save $16.00. Become a member.

Our records indicate you are a nonmember. If you register, you will be charged $95.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.

If your organization is exempt from sales tax, call us at 952-831-2707 to complete your purchase.

Add to cart

More program information

Area
of study
Not-for-profit
Field(s)
of study
Auditing - Technical (2.5)
Level Basic
Format Self-study - On-Demand
Sponsor AICPA
NASBA ID#: 112891
Prerequisites Prereq. None
Advance
prep
None

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