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Governmental and Not-for-Profit Annual Update

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Hilton Garden Inn

2465 Grant Rd
Billings, MT 59102

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4.00 Credits

Member Price $150.00

Price will increase by $25 after 10/8

Non-Member Price $200.00

Price will increase by $25 after 10/8

Overview

BILLINGS CLUSTER CLASS

Change is inevitable and at times overwhelming if you are unprepared. Ensure you are current in governmental and no-for-profit accounting and auditing. This update course is designed to prepare you for the latest accounting and auditing developments affecting governments and no-for-profits and give you the tools and knowledge to implement the new standards.

This course also has a VIRTUAL option. Please see 'MTCPA Webcasts' tab on the CPE page.

HOTEL
MTCPA has a room block at the Hilton Garden Inn Billings for 10/28-29/2025.  Please reference "Montana Society of CPAs CPE Cluster" when calling to book. 406-655-8800. Standard Room: $144 + tax. Rate available until 9/28/2025.

Highlights

  • GASB update
  • Not-for-profit accounting update
  • Revenue recognition in not-for-profits
  • FASB's lease standard
  • FASB update
  • Auditor's report and conforming changes
  • Auditing Standards Board update
  • SSARS and SSAE update
  • Governmental auditing update

Prerequisites

Basic knowledge and experience in governmental and not-for-profit accounting and auditing

Designed For

Accounting and finance personnel responsible for accounting and financial reporting for governments and not-for-profit entities and auditors for these entities

Objectives

When you complete this course you will able to . . .

  • Apply the most recent requirements of GASB and FASB directed toward governments and not-for-profits
  • Recall key points related to the latest developments in OMB and Yellow Book requirements
  • Identify recent activities of the AICPA and how they affect the auditor's report

Preparation

None

Leader(s):

Leader Bios

Bruce Shepard, AICPA

Bruce Shepard was most recently an assistant professor of accounting at George Fox University and an adjunct professor of accounting at the University of Oregon, prior to becoming an instructor for the AICPA in 2012. From 2006-2010, Mr. Shepard was the Chief Financial Officer of Las Vegas Gaming, Inc. in Las Vegas, Nevada, where he had full management responsibility for all financial affairs, daily business operations, administration and human resources. From 1985-2006, Mr. Shepard was in charge of the Middle Market Practice for PricewaterhouseCoopers, LLP in Portland, Oregon, where he served as an Assurance Partner from 1989-2006 focusing on providing proactive business advisory services to fast-growing companies. Bruce has many years of trusted business advisor experience around Portland, Oregon where he practiced for 33 years. In addition, Bruce has taught all of the accounting and auditing classes, fraud and forensics, pension auditing, SAARS, COSO, and governmental accounting and auditing classes for the AICPA for the last five years including being the lead instructor on GASB 68. Presently, Bruce is the author of the AICPA course, Audits of Banks and Other Financial Institutions. At PricewaterhouseCoopers, LLP, Mr. Shepard spearheaded over 100 acquisitions and divestitures by leading in the financial structuring of the transactions. He worked with clients to develop strategic plans for short-term and long-term growth. He assisted both start-up companies and beyond start-up companies with attaining their needed growth capital. Mr. Shepard wrote an article, Financing Entrepreneurs, in 1999 for the Oregon Society of Certified Public Accountants. Mr. Shepard was awarded “Beta Alpha Psi Professional of the Year” in 2006 for sustained involvement with the University of Oregon.

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Non-Member Price $200.00

Member Price $150.00