Instructor
Heather Plitt
Instructor
Heather Plitt is a Technical Director in the National Assurance Technical Group specializing in State and Local Government entities. She has 18 years of experience in performing audit and other assurance engagements for various state and local government entities, including states, municipalities, school districts, special districts, and pension and post-retirement plans. Heather obtained a Bachelor of Science degree in Business, concentration in Accounting, from the University of Baltimore, as well as a Master of Business Administration degree from the University of Baltimore. She is a licensed CPA in Maryland and Virginia. Heather is a member of the University of Baltimore Accounting Advisory Board, and a Finance Committee and Board Member of the Parks and People Foundation.
U.S. GAAP Nonprofit financial reporting can be complex. This session will cover commonly found accounting and reporting errors in nonprofit financial statements. It provides a practical examination of common errors found in governmental financial statements. By analyzing real-world examples and referencing authoritative guidance, participants will gain insights into how to identify, prevent, and correct these common issues, ensuring compliance with generally accepted accounting principles (GAAP) and Governmental Accounting Standards Board (GASB) requirements.
After completing this course, participants will be able to:
As a part of this presentation, we’ll discuss common errors in areas such as:
Accounting professionals working with or auditing governmental entities.
