SIMULCAST: Accounting and Reporting for Not-for-Profit Organizations (11WL01-16)
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 nonoperating 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
