Surgent's Preparing Not-for-Profit Financial Statements
Tuesday, November 26, 2024
Webcast or Webinar, Online
9:00 AM - 5:00 PM (opens at 8:30 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
$279.00 Regular Price
Non-Members
$399.00 Regular Price
Course Type: Webcast
Course Code: 24/SUENFP66
Level: Intermediate
Vendor: Surgent
Field of Study: Accounting (Governmental)
Overview:
In order to prepare accurate and effective not-for-profit financial statements, professionals must have a strong working knowledge of the reporting requirements. Now is the time to obtain that knowledge! This course explains the requirements, illustrates how the requirements manifest in the financial statements, and clarifies options available to not-for-profits in applying the requirements. The course covers key accounting areas that affect not-for-profits, including revenue recognition, contributions, and leases. The course materials utilize a highly illustrative and innovative format, including over 30 focused exercises to provide an enhanced working knowledge of not-for-profit accounting and reporting.Objectives:
- Obtain a working knowledge of the not-for-profit financial reporting requirements
- Skillfully prepare a not-for-profit’s financial statements with superior knowledge of accounting and reporting requirements
- Effectively apply today’s core not-for-profit accounting requirements
Major Topics:
- Key requirements, options, and disclosures related to each of the basic financial statements
- The reporting of functional and natural expense information
- Requirements related to providing liquidity and availability of financial assets information
- Core not-for-profit requirements related to conditional and unconditional contributions, promises to give, contributed services, net assets, special events, the classification of expenses, and more
- The impact of FASB ASC 842, Leases, on not-for-profits
Major Topics:
- Key requirements, options, and disclosures related to each of the basic financial statements
- The reporting of functional and natural expense information
- Requirements related to providing liquidity and availability of financial assets information
- Core not-for-profit requirements related to conditional and unconditional contributions, promises to give, contributed services, net assets, special events, the classification of expenses, and more
- The impact of FASB ASC 842, Leases, on not-for-profits