Not-for-Profit Financial Reporting: Mastering the Unique Requirements
Description
Do you know what makes not-for-profit accounting and financial reporting different? Avoid the potholes of confusion and provide a financial picture that end users can truly understand. Through a combination of practical guidance and case studies, this course provides insight into what makes not-for-profits different. As well, you will receive guidance on FASB’s financial statement standard and revenue recognition, including grants and contracts.
Learning Objectives
Identify the impact of the FASB’s Not-for-Profit Financial Statement Standard.
Identify the unique aspects of the not-for-profit environment.
Apply the unique not-for-profit accounting and reporting requirements, including revenue recognition.
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
Nonprofit / Not-For-Profit
CPE Field of Study
Accounting (Governmental)
8
Who Should Attend
Professionals working with or in the not-for-profit environment
Instructor(s)
Tony Cuozzo
Prerequisites
Experience in the not-for-profit environment
Advanced Preparation
None
Location
Loyola Graduate Center
2034 Greenspring Dr Lutherville-Timonium, MD21093US