Not-for-Profit Financial Reporting: Mastering the Unique Requirements

Tuesday, July 25, 2023
8:00 AM - 3:30 PM (opens at 7:30 AM) EST
8Credits
Accounting and Auditing

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$295.00 Regular Price
Non-Members
$395.00 Regular Price
Course Type: CPE Seminars
Course Code: 23/MANFPWS
Level: Intermediate
Vendor: Maryland Association of CPAs
Field of Study: Accounting

Overview:

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.

Objectives:

• Identify the impact of the FASB Standards impacting not-for-profits. • Identify the unique aspects of the not-for-profit environment. • Apply the unique not-for-profit accounting and reporting requirements, including revenue recognition and expense reporting. • 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, contributions, and gains and losses • Accounting for expenses • The not-for-profit environment and performance measures

Major Topics:

• Core elements of financial reporting • Exchange transactions, contributions, and gains and losses • Accounting for expenses • The not-for-profit environment and performance measures

Designed For:

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

Prerequisites:

Experience in the not-for-profit environment