Not-for-Profit Financial Reporting: Mastering the Unique Requirements
Description
Do you know what makes not-for-profit accounting and financial reporting different? Are you aware of how not-for-profit financial statements will change as a result of the FASB’s Financial Statement Project? Through a combination of practical guidance and case studies, this course will provide insight into what makes not-for-profits different while training you to clear key hurdles in not-for-profit accounting and reporting in an efficient and effective manner. Avoid the potholes of confusion and provide a financial picture that end users can truly understand.
Learning Objectives
Upon completion, participants will be able to:
Identify the impact of the FASB's Not-for-Profit Financial Statement Project
Identify the unique aspects of the not-for-profit environment
Apply the unique not-for-profit accounting and reporting requirements
Recall ways to perform more effective audits of not-for-profit organizations with better knowledge of not-for-profit accounting and reporting requirements
Major Topics
Core elements of financial reporting
Exchange transactions and contributions
Reporting and measuring results
Impact of FASB's Not-for-Profit Financial Statement Project
Provider
AICPA
Course Level
Intermediate
Professional Area of Focus
Accounting & Auditing
CPE Field of Study
Accounting (Governmental)
8
Who Should Attend
Professionals working with or in the not-for-profit environment