Liquidity and Going Concern Challenges for NFPs
Available Anytime
Location:
Online
1Credits
Accounting and Auditing
Registration is Open
FICPA Members
Nonmembers
$54.00 Regular Price
Product Code: FI21-127
Level: Basic
Vendor: Florida Institute of CPAs
Field of Study: Auditing, Accounting
Overview:
The continued uncertainty around the progress of COVID-19 and what recovery post the pandemic may look like is cause for organizations to think about how they will be affected in the short and medium turn, how they will respond, and what their obligations are in relation to liquidity and going concerns.This presentation focuses on the challenges that NFPs face with liquidity and going concernS. In this presentation we specifically look at the GAAP requirements for liquidity disclosures, management’s responsibility with regards to going concerns, as well as managing liquidity and going concerns during COVID-19.
Objectives:
Topics of discussion will include:- Identify and understand changes related to liquidity disclosures as required by the ASU 2016-14
- Explore and compile liquidity disclosure notes
- Explain management and auditor responsibilities as it relates to the going concern of the NFP
- Identify liquidity and going concern issues as a result of COVID-19
Instructors:
Designed For:
CPAs or accounting professionals
Prerequisite:
Some familiarity with accounting
Additional Info:
Thank you for registering for the "Liquidity and Going Concern Challenges for NFPs" OnDemand course. You can begin immediately by going to the 24/7 Learning Library portal at https://ficpa.courselaunch.io and logging in with your current FICPA member login credentials.
Your course or courses should be immediately available after you login.
If you have any issues, please let us know by submitting a ticket through the Support link and we will assist you as quickly as possible.
Event Promotions