Anyone ever get a NFP and GOV sim or know if they're TBS testable? I remember a review professor once saying they aren't but cant recall if it was for Audit or FAR,
Thanks

Anyone ever get a NFP and GOV sim or know if they're TBS testable? I remember a review professor once saying they aren't but cant recall if it was for Audit or FAR,
Thanks
Well, without stating any specifics, the AICPA lists both Govt and Non-for-Profit as 8-12% of the content for FAR. I think that in itself should answer your question.
They are testable and given the issues in the Federal govt I would expect to maybe see a TBS, especially govt as GASB differs significantly than FASB and modified accrual can be tricky.
I'm doing my 3rd take on FAR and I expect to see Govt, Pensions and Bond stuff as those have been hot topics from my AICPA daily newsletters.
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