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

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; revenue recognition, including grants and contracts; risk assessment; and financial reporting.

Key topics include:

• · Current GASB developments 
• · Audit issues related to GASB developments 
• ·...