Accounting and Reporting for Not-for- Profit Organizations (111211A-14)
Description
This course provides you with the tools necessary to enhance your
not-for-profit accounting skills and create value-added services to
clients. We take you beyond the theory through a case-study-intense,
highly interactive, classroom environment where you will examine,
evaluate, and perform 20 case studies enhancing your working knowledge
of fundamental not-for-profit accounting and reporting, presentation
requirements, note disclosures unique to not-for-profits, and options
allowed under GAAP.
Learning Objectives
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.
Comprehend fund accounting and the reclassification of fund balances
into net asset classes.
Describe the effects of split-interest
agreements on not-for-profit entities.
Discern the appropriate
accounting for membership dues under various scenarios.
Major Topics
Financial statement presentation
Note disclosures
Operating and
nonoperating costs
Allocation of fundraising costs
Contributed
services
Membership fees
Split-interest agreements
Common
financial statement mistakes
Grant contributions and exchange
transactions
Statement of activities
Course Level
Intermediate
CPE Field of Study
Accounting (Governmental)
8
Prerequisites
Experience in the not-for-profit environment
Location
Loyola Graduate Center
2034 Greenspring Dr Lutherville-Timonium, MD21093US
