Do you need to enhance your not-for-profit accounting skills? Through a case- study-intense, highly interactive, classroom environment, this CPE course provides you with the tools necessary to go beyond the theory and create value-added services for your clients. This course allows you to examine, evaluate and perform case studies which will enhance your working knowledge of fundamental not-for- profit accounting and reporting, presentation requirements, note disclosures unique to not-for-profits and options allowed under generally accepted accounting principles. FASB’s financial statement standard updates and revenue recognition standards are included in this course.
• Identify major components of accounting and reporting in not-for-profit organizations. • Recognize appropriate accounting for recording and recognizing contributions. • Identify concepts related to valuation of contributed services and promises received near year-end.
• Financial statement presentation
• Statement of activities
• Statement of financial position and statement of cash flow
• Note disclosures
• Contribution concepts
• Contribution versus exchange transactions
• Contributed services, facilities, and gifts in-kind
• Collections
• Functional expense and allocation of costs
• Endowments
• Operating versus non-operating
• Split interest agreements and beneficial trusts
• Agency transactions
• Programmatic investments
• Common financial statement mistakes
Auditors, practitioners and accounting and finance professionals of not-for-profit organizations
Experience in the not-for-profit environment
None
Update your browser to view this website correctly.