Expert Panel Projects
The 2013 edition of Audit and Accounting Guide Not-for-Profit Entities is now available in eBook and paperback.
The 2013 edition of Audit Risk Alert Not-for-Profit Entities Industry Developments is also now available in eBook and paperback.
An online subscription is also available, which includes the guide and alert.
Updated as of March 1, 2013, this is the first comprehensive revision of the guide since 1996. Relevant AICPA literature has been incorporated, and the authoritative auditing content of the guide has been fully conformed to changes resulting from the ASB Clarity Project. The AICPA Auditing Standards Board, Financial Reporting Executive Committee, and Not-For-Profit Guide Task Force have revised the guide, making significant enhancements to improve user understanding and minimize diversity in practice.
Members of the AICPA staff and the Not-for-Profit Expert Panel participated in a discussion regarding the new Audit and Accounting Guide. The discussion has been archived as a podcast and is available at the AICPA Insights Blog.
The following excerpts from the revised guide are available:
The following excerpts from the alert are also available available:
The Not-for-Profit Expert Panel has issued the following white papers that are of interest to those following not-for-profit issues:
Industry News and Resources
The Not-for-Profit Expert Panel, in cooperation with the Government Audit Quality Center, created the GAQC Web event Not-for-Profit Entities: 2012/2013 Audit and Accounting Considerations—Member Web Event. Three members of the Not-for-Profit Expert Panel discussed the various developments and issues that may affect an NFP audit practice. Specifically, the presenters provided the following information:
Access to the archived Web event is available.
Past Meeting Highlights
November 5–6, 2012
April 17–18, 2012
January 30–31, 2012
Archived Meeting Highlights
Members of the Expert Panel
Gregg Capin (Co-Chair), Capin Crouse LLP
Cathy J. Clarke (Co-Chair), CliftonLarsenAllen LLP
Elaine Allen, Ernst & Young
Jennifer Brenner, World Vision
W. Michael Fritz, Deloitte & Touche LLP
Ellen Hobby, National Academy of State Health Policy
Jennifer Hoffman, Grant Thorton
Laurie Horvath, Baker Tilly
John A. Mattie, PricewaterhouseCoopers LLP
Catherine E. Mickle, American Cancer Society
Stuart J. Miller, Crowe Horwath LLP
Amanda Nelson, KPMG LLP
Andrew Prather, Clark Nuber P.S.
Susan Stewart, McGladrey & Pullen LLP
Learn more about the Expert Panel members by reading their biographies.
Chris Cole, Technical Manager
Training & Development