Accounting and Reporting for Not-for-Profit Organizations (111237A-15)
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 21 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-profitorganizations
Recognize appropriate accounting for recording andrecognizing contributions
Identify concepts related to valuation ofcontributed services and promises received near year-end
Comprehendfund accounting and the reclassification of fund balances into net assetclasses
Describe the effects of split-interest agreements onnot-for-profit entities
Discern the appropriate accounting formembership 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 Programmatic Investments
