This session will walk through the key risks identified in the 2014 AICPA NFP Audit Risk Alert. It will review important areas of focus in conducting an audit of an NFP, and provide guidance to chief financial officers and controllers on how to address these risks in preparation for their annual audit. It will also discuss changes and key issues identified in the Alert, including:
• Industry trends and developments
• Audit & accounting issues
• Regulatory developments
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