Beach Retreat: Financial Reporting for Not-for-Profit Entities
Description
Do you know what makes not-for-profit accounting and financial reporting different? This course will cover the requirements under FASB’s financial statement standard and provide insight into what makes not-for-profit financial reporting different, such as accounting for grants and contracts. This course will train 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
Identify the impact of FASB Standards impacting not-for-profits.
Identify the unique aspects of the not-for-profit environment, such as accounting for revenues and expenses.
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
Grants and contracts
Reporting and measuring results
Provider
AICPA
Course Level
Intermediate
Professional Area of Focus
Accounting & Auditing
CPE Field of Study
Accounting
4
Who Should Attend
Professionals working with or in the not-for-profit environment
