Resources

Financial Standards Guidelines:

• Financial Standards Accounting Board (FASB)
  • Recent FASB Pronouncements 
    
    • Update No. 2015-11.—Inventory (Topic 330): Simplifying the Measurement of Inventory - Effect FYE after 12/15/16
    • Update No. 2015-03.—Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs - Effect FYE after 12/15/15
    • Update No. 2015-02—Consolidation (Topic 810): Amendments to the Consolidation Analysis - Effect FYE after 12/15/16
    • Update No. 2014-09—Revenue from Contracts with Customers (Topic 606) - Effect FYE after 12/15/17
    • Update No. 2013-06. , Services Received from Personnel of an Affiliate (Topic958): Not-for-Profit Entities - Effect FYE & interim after 6/15/14, early adoption permitted
    • Update No. 2012-05. , Statement of Cash Flows (Topic 230): Not-for-Profit Entities: Classification of the Sale Proceeds of Donated Financial Assets in the Statement of Cash Flows  - Effect FYE & interim after 6/15/13, early adoption permitted
    • Update No. 2011-11. , Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities – Effect FYE after 12/15/12
    • Update No. 2011-07, Health Care Entities (Topic 954): Presentation and Disclosure of Patient Service Revenue & Provision for Bad Debts – Effect FYE after 12/15/12
    • Update No. 2011-04, Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs
    • Update No. 2010-24, Health Care Entities (Topic 954): Presentation of Insurance Claims and Related Insurance Recoveries - Effective for periods beginning after 12/15/10
    • Update No. 2010-23, Health Care Entities (Topic 954): Measuring Charity Care for Disclosure - Effective for periods beginning after 12/15/10

Guidelines for Entities Subject to Single Audits:

• Office of Management and Budget Circular A-21, Cost Principles for Educational Institutions
• Office of Management and Budget Circular A-110, Grants and Agreements with Institutions of higher Education, Hospitals, and Other Non-Profit Organizations
• Office of Management and Budget Circular A-133, Audits of institutions of Higher Education and Other Non-Profit Institutions
  • OMB A133 Compliance Supplement 2015, A-133 Compliance Supplement (June 2015)
• CASB Standards, Cost Accounting Standards for Education Institutions, described in OMB Circular A-21

Continuing Professional Education:

• CalCPA Education Foundation 
• Moss Adams, LLP
• "Dbrief" Webcasts (Deloitte)
• PriceWaterHouseCoopers
• Ernst & Young

Additional Resource Links:

• Committee of Sponsoring Organizations of the Treadway Commission (COSO)
• Internal Revenue Service (IRS)
• The Institute of Internal Auditors (IIA)