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Auditing NFPs under the New Auditor Reporting SASs

Auditing NFPs under the New Auditor Reporting SASs

Learn about updates to the auditor reporting standards and how they’ll affect your upcoming NFP audits.

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NASBA Field of Study




CPE Credits



Jennifer Casacchia, Jennifer Hoffman


3 months

Product Number


 Part of Webcast Pass
 Business & partner 
Product Details

Auditor reporting standards and NFPs

Are you ready to implement the new auditor reporting standards for your not-for-profit clients?

In this webcast, you'll hear an overview of the standards and how they will impact audits of financial statements for years ending on December 31, 2021 and beyond.

We'll also discuss:

  • Audit planning and pre-audit communications
  • Changes to procedures
  • Audit reporting
  • Communication with those charged with governance at the conclusion of the audit

Key Topics

  • SASs Nos. 134–140
  • Auditor reporting changes

Learning Outcomes

  • Identify the impact of SAS Nos. 134–140 on audit planning, conduct and reporting
  • Determine how to prepare for an audit with the new standards
  • Determine how to be prepared for stakeholder communication changes under new auditing standards

Who Will Benefit

  • Accountants and finance professionals involved in NFP audits

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More Details
NASBA Field of Study
Knowledge of auditing and the NFP environment.
This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.
2 hrs
Do you have an AICPA membership? Log in to apply your member discount.

Group ordering for your team

2 to 5 registrants

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6+ registrants

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Contact us
Jennifer Casacchia
Jennifer Casacchia, CPA, is a senior audit manager with Sikich LLP’s not-for-profit and higher education practices team at the firm’s headquarters in Naperville, Illinois. She has more than 20 years of experience working extensively with not-for-profit and higher education organizations and more than 14 years in public accounting. Jennifer is a member of the Illinois CPA Society and serves as a member of the Illinois CPA Society’s Not-for-Profit Content Advisory Group. She previously served on the Illinois CPA Society’s Not-for-Profit Organizations Committee and Not-for-Profit Organizations Conference Committee. Jennifer holds a bachelor’s degree in accounting from North Central College. She is a licensed CPA in the state of Illinois.
Jennifer Hoffman
Jennifer Hoffman, CPA, serves as partner in Grant Thornton’s Northeast Higher Education and Not-for-Profit Industry Practice. She also serves as Northeast leader of the firm’s Diversity & Inclusion initiative. Having served clients in the not-for-profit sector for more than 20 years, Jennifer has worked with social service and religious organizations, foundations, higher education institutions, and numerous other nonprofit organizations. She is a frequent speaker at industry events, including the annual AICPA Not-for-Profit Industry Conference. Jennifer received a B.S. degree in Accounting from the University at Albany. She serves as chair of the AICPA’s Not-for-Profit Industry Expert Panel and as a member of various AICPA task forces, including the Not-for-Profit Revenue Recognition Task Force. Jennifer also serves as Vice Chair of the Board and Chair of the Audit & Compliance Committee of the Catholic Health Systems Continuing Care Division of Long Island; on the Steering Committee of the Long Island Women’s Collaborative; and on the Accounting Advisory Board at the University at Albany.

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Auditing NFPs under the New Auditor Reporting SASs
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