Financial Reporting for Not-for-Profit Entities (Virtual)  (NFPF-VIR)

4.00 CPE Credit Hours

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.

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

Objective

• 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

Highlights

• Exchange transactions, contributions, and gains and losses
• Grants and contracts
• Expenses

Prerequisites
Experience in the not-for-profit environment

Advanced Preparation
None

Developer
AICPA

Presenters
Rebeka Mazzone,

Level of Knowledge
Intermediate