Checklists and Illustrative Financial Statements: Not-For-Profit Entities 2020 (Paperback)

Part 1—Instructions 1

General 1

Guidance Considered in This Edition 2

Instructions 2

Part 2—Financial Statements and Notes Checklist 5

I. General 7

II. Statement of Financial Position 46

III. Statement of Activities 98

IV. Statement of Cash Flows 114

Part 3—Auditors’ Reports Checklist 119

I. For Audits Conducted Prior to the Adoption of the Suite of New Reporting Standards 120

II. For Audits Conducted After the Adoption of the Suite of New Reporting Standards 138

Part 4—Auditors’ Reports Checklist for Audits Performed in Accordance With Government Auditing Standards and the Uniform Guidance 163

I. Reports on Audits Performed in Accordance With GAS 165

II. Reports on Audits Performed in Accordance With the Uniform Guidance 174

Part 5—Accountants’ Reports on Compiled Financial Statements or Information or Reviewed Financial Statements Checklist 187

I. Checklist Questionnaire for Compiled Financial Statements, Prospective Financial Information, Pro Forma Financial Information, and Other Historical Financial Information Using AR-C (Clarified) Standards 188

II. Checklist Questionnaire for Review Engagements Using AR-C (Clarified) Standards Prior to the Adoption of SSARS No. 25 193

III. Checklist Questionnaire for Review Engagements Using AR-C (Clarified) Standards After the Adoption of SSARS No. 25 200

Part 6—Illustrative Financial Statements, Notes, and Auditor’s Report 211