Accounting and Reporting for Not-for-Profit Organizations
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
Upon completion of this course, you will be able to:
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
Apply fund accounting and the reclassification of fund balances into net asset classes
Recall the effects of split-interest agreements on not-for-profit entities
Determine the appropriate accounting for membership dues under various scenarios.
