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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.
When you complete this course you 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.
– Core elements of financial reporting
– Exchange transactions and contributions
– Reporting and measuring results
– Impact of FASB’s Not-for-Profit Financial Statement Project
Professionals working with or in the not-for-profit environment.
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