This course will cover the Accounting Standards Updates (ASUs) issued by the FASB that are effective for 2021 year ends. The course will also address those standards that will be effective in the near future that are well suited for early implementation We’ll take a deep dive into how to prepare for the leases and financial instruments standards in longer courses. Discussion Leader: Melisa Galasso
Current Non-Profit Fraud Trends: What To Look Out For (LIAA32/22)
Fraud involves an intentional act to deceive, which may result in material misstatement in the financial statements due to fraudulent financial reporting or misappropriation of assets. Management’s responsibility is to design, implement, maintain and monitor a system of internal control to prevent, or detect and correct, fraud. This module will focus on real-life and practical examples of fraud in smaller- and mid-size environments, including nonprofits. Discussion Leader: Jennifer Louis
