CPA Government & Nonprofit Report articles from September 2004

CPA Government & Nonprofit Report archives from September 2004

Understanding the 2004 Data Collection Form.
September 1, 2004... The Federal Audit Clearinghouse has released the 2004 Data Collection Form and it has several key changes over the 2001 version. The form must be submitted when the single audit on a government or nonprofit is completed. The form is a joint...

Editor's note.(Editorial)
September 1, 2004... With the new Data Collection Form for 2004, there are questions about certain items and there will be new requirements for the first time. This month's article will focus on the problem areas and changes in the Data Collection Form. ...

Rethinking the management letter.
September 1, 2004... Management letters were designed to provide valuable comments to management regarding observations made during the audit that would help improve operations. However, over the course of the past few years, the additional reports required as a...

Comparing financial statement disclosures and yellow book noncompliance matters.
September 1, 2004... GASB Statement 1 requires financial statements to include disclosures of significant violations of legal and contractual provisions. This was later amended by GASB 38 to include "actions taken to address such violations." It would appear from...

AICPA issues nonprofit Audit Risk Alert 2004.(American Institute of Certified Public Accountants )
September 1, 2004... Annually, the AICPA issues Audit Risk Alerts for key industry areas, such as governments and nonprofit organizations. This is a summary of the key items affecting auditors. Contributions AICPA reports that contributions were up greater...