Overview

This webinar is the first session included in the four-part Nonprofit Virtual Series. Each session in the series can be be purchased individually, or save $80 by purchasing the bundle webinar package! See option below.

Highlights

Yellow Book and Single Audit engagements are considered must select engagements for Peer Review. We’ll review the new alternative engagements that have been created by various federal agencies to provide alternatives to Single Audits including SVOG and PRF engagements. We’ll close with a look at the major changes in the 2023 Compliance Supplement and the COVID deficiencies identified by the federal agencies and peer reviewers.

Designed For

CPAs who have nonprofit organizations as clients, financial officers or board members of nonprofits, and staff accountants involved with tax and accounting issues of nonprofits.

Objectives

• Identify changes to single audits as a result of the 2023 Compliance Supplement
• Describe alternative engagements to single audits subject to Yellow Book
• Recall common deficiencies found related to COVID-19 funding