Government Accounting & Auditing Update - 2025 Review & 2026 Preview (Completed)

This online course provides government accountants, auditors, and financial professionals with a timely and practical update on the laws, regulations, and professional standards that changed in 2025—and the developments expected to shape 2026. As the regulatory landscape continues to evolve, government entities face new expectations related to reporting, internal controls, risk assessment, auditor independence, and implementation of GASB standards. This course gives participants the essential information needed to stay current, improve compliance, and prepare for upcoming changes without requiring an in‑depth technical dive.

Participants will review newly issued GASB standards, proposed GASB projects, GAO Green Book updates, auditor‑independence developments, and other key regulatory or legislative actions affecting government financial reporting. The webinar also previews emerging 2026 proposals, including anticipated federal and state rulemaking that may affect audit procedures, reporting requirements, and internal‑control obligations for government organizations.

Who Should Attend
This course is ideal for professionals working in or with government entities who must stay informed about evolving accounting and auditing requirements.

Topics Covered

• 2025 government‑accounting and auditing updates
• New GASB standards and implementation considerations
• GASB proposals and ongoing research projects
• GAO Green Book updates and implications for internal controls
• Assessing government risks and changes affecting audit planning
• Auditor‑independence updates and Yellow Book considerations
• Other regulatory, legislative, and professional‑practice developments
• 2026 preview: proposed laws, rules, and standards

Learning Objectives

• Identify new laws passed in 2025 affecting government accountants and auditors
• Identify new regulations passed in 2025 that impact government financial reporting or audit requirements
• Identify new professional standards approved in 2025, including GASB and GAO updates
• Identify proposed laws, rules, and regulations for 2026 that may affect accounting and auditing practices
• Assess how these changes influence audit planning, internal controls, and risk‑assessment processes

Level
Update

Instructional Method
Group: Internet-based

NASBA Field of Study
Accounting (Governmental) (2 hours)

Program Prerequisites
Basic understanding of government accounting and auditing standards

Advance Preparation
None