Accounting and Reporting Practices of Not-for-Profit Organizations (111136A-12)
Description
Not-for-profit accounting can be extremely complex, and if you are to be
successful, your knowledge and skills must be superior. Learn from
real-world financial statements, cases and problems faced by CPAs with
not-for-profit clients and by executives of not-for-profit
organizations. With this course, you will develop a working knowledge of
presentation requirements and choices allowed under GAAP, as well as
understand note disclosures unique to nonprofits. You will also study
statement presentation flexibility and how to avoid common financial
statement mistakes.
Learning Objectives
Ascertain presentation requirements and choices allowed under GAAP
Understand note disclosures unique to nonprofits
Solve problems
involving content of financial statements and allocation of costs
relating to fundraising
Major Topics
Statement presentation flexibility
Footnote disclosures
Recognition of promises to give
Classification of grants as
OcontributionsO or Oexchange transactionsO