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
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.
Major Topics
Financial statement presentation
Note disclosures
Operating and non-operating 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
Provider
AICPA
Course Level
Intermediate
Professional Area of Focus
Accounting & Auditing
CPE Field of Study
Accounting (Governmental)
8
Who Should Attend
Auditors, practitioners and accounting and finance professionals of not-for-profit organizations
Instructor(s)
Daniel Bradley
Prerequisites
Experience in the not-for-profit environment
Advanced Preparation
None
Location
Loyola Graduate Center
2034 Greenspring Dr Lutherville-Timonium, MD21093US
