Not-for-Profit Financial Reporting: Mastering the Unique Requirements  (NFPF)

8.00 CPE Credit Hours

Are you aware of how not-for-profit financial statements will change because of FASB's Financial Statement Standard? 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 new financial statement standard which will have a major impact on the financial reporting for not for profits, allowing you to clear the hurdles in an efficient and effective manner

Designed For
Professionals working with or in the not-for-profit environment

Objective

• 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
• Recall ways to perform more effective audits of not-for-profit organizations with better knowledge of not-for-profit accounting and reporting requirements

Highlights

• Core elements of financial reporting
• Exchange transactions and contributions
• Reporting and measuring results
• Impact of FASB's Not-for-Profit Financial Statement Project

Prerequisites
Experience in the not-for-profit environment

Advanced Preparation
None

Developer
AICPA

Presenters
Bruce Shepard,

Level of Knowledge
Intermediate