California Association of State Auditors


P.O. BOX 13844
Sacramento, CA 95853
(916) 633-1CPE (1273)
CASAuditors@gmail.com

California Association of State Auditors


P.O. BOX 13844
Rancho Cordova, CA 95853
(916) 633-1CPE (1273)
This email address is being protected from spambots. You need JavaScript enabled to view it.
California Association of State Auditors
P.O. BOX 13844
Rancho Cordova, CA 95853
(916) 633-1CPE (1273)
This email address is being protected from spambots. You need JavaScript enabled to view it.

Events Calendar

Nonmonetary Transactions + Not-for-profit and Fraud and Abuse in Non-Profit and Governmental Course
From Monday 07 June 2021 -  08:30am
To Tuesday 08 June 2021 - 12:30pm
Hits : 185
by This email address is being protected from spambots. You need JavaScript enabled to view it.
Contact This email address is being protected from spambots. You need JavaScript enabled to view it.
Nonmonetary Transactions – 3 CPE Credits
This course will be an overview of:
The definition of monetary and nonmonetary transactions.
The distinction between monetary and nonmonetary transactions.
Determining whether a nonmonetary transaction has commercial substance and how to account for it.
The tax issues related to nonmonetary transactions, specifically under Internal Revenue Code section 1031 and 1032.
 
 
Learning Objectives
After completing the course, the learner should be able to:
Recognize the difference between monetary and nonmonetary assets and transactions.
Identify key accounting provisions for nonmonetary transactions.
Recognize whether a transaction has commercial substance.
Identify tax issues related to nonmonetary transactions.
 
 
Not-For-Profit Fraud and Abuse Accounting & Auditing in Government Environment – 5 CPE Credits
This course will be an overview of:
Accounting standards impacting nonprofit entities
Auditing standards impacting nonprofit entities
The fraud environment
The fraud triangle and common types of fraud
Results of recent fraud surveys
Unique concerns to governmental and non-profit entity environments
Tips for better cybersecurity risk management
The auditor’s responsibility for fraud
 
 
Learning Objectives
After completing this course, the learner should be able to:
Describe the impact of accounting changes to nonprofit financial statements.
List major changes to Yellow Book.
Discuss the common types of fraud in a non-profit or governmental environment.
Describe best practices for mitigating the risk of fraud and abuse.
Explain the independent auditor’s responsibility for identifying and communicating fraud and abuse in a financial statement or compliance audit.
Location Online
Instructor: Tom Cox (Becker Professional Education)

Copyright © 2019. California Association of State Auditors - All Rights Reserved.