Financial Statement Presentation: Not-for-Profit Accounting & Financial Reporting

Online Course Available 24/7 CPE: 2.0 Format: On-Demand
COURSE DESCRIPTION

This CPE course is included in the 40-hour Not-for-Profit Certificate I Program. It can also be purchased individually or as a part of the Not-for-Profit Certificate I Accounting and Financial Reporting Bundle.

Not-for-profit organizations (NFPs) prepare financial statements in order to report critical information about programs and operations to a diverse group of stakeholders. Users of an NFP’s financial statements include donors, grantors, creditors, program beneficiaries, and others who have a need to assess the financial health of the NFP.

In this CPE course, you will work through several examples to understand the basic reporting requirements, note disclosures and presentation formats that are available to NFPs.

LEARNING OBJECTIVES
When you complete this course, you will be able to:
Identify the basic financial statements prepared by NFPs
Recall various reporting formats used by NFPs
Identify the unique NFP note disclosure requirements
Differentiate between the three classes of net assets and the effect on financial reporting
MAJOR TOPICS
Statement of financial position
Statement of activities
Statement of cash flows
Statement of functional expenses
Net asset classification
Required note disclosures
COURSE DETAILS
PROFESSIONAL AREAS OF FOCUS
Accounting & Auditing
CPE FIELD OF STUDY
Accounting (2.0 Credits)
WHO SHOULD ATTEND
CPAs who are new to NFPs, entry-level staff in public accounting firms, seasoned professionals with limited exposure to NFPs, and NFP board members.
INSTRUCTOR(S)
Karen Craig
PREREQUISITES
None
COURSE LEVEL
Basic

MACPA MEMBER


$ (% off)
$59.00
Price includes $xx early registration discount(s) - expires xx/xx

NON-MEMBER


$ (% off)
$69.00
Price includes $xx early registration discount(s) - expires xx/xx
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