Seminar Course Description

Accounting and Reporting for Not-for-Profit Organizations

Locations

CITY STATE DATES OFFERED STATE SOCIETY WEBSITE
Denver Colorado Jul 20, 2020 COCPA
Virtual Connecticut May 07, 2020 CTCPA
New Castle Delaware Oct 27, 2020 DSCPA
Atlanta Georgia Nov 09, 2020 GSCPA
Boise Idaho Sep 22, 2020 ISCPA
Carbondale Illinois Jun 25, 2020 ICPAS
Fort Wayne Indiana Nov 24, 2020 INCPAS
Indianapolis Indiana Dec 08, 2020 INCPAS
Timonium Maryland May 21, 2020 MACPA
Boston Massachusetts May 29, 2020 MSCPA
Livonia Michigan Sep 25, 2020 MICPA
Marshall Minnesota Aug 26, 2020 MNCPA
Bloomington Minnesota Dec 03, 2020 MNCPA
Billings Montana Aug 28, 2020 MSCPA
New Jersey Jul 16, 2020 NJCPA
Albuquerque New Mexico Jun 16, 2020 NMSCPA
Fargo North Dakota Oct 22, 2020 NDCPAS
Tulsa Oklahoma Nov 06, 2020 OSCPA
Philadelphia Pennsylvania Dec 15, 2020 PICPA
Salt Lake City Utah Dec 14, 2020 UACPA
Richmond Virginia Dec 03, 2020 VSCPA
Bellevue Washington Nov 16, 2020 WSCPA

Do you need to enhance your not-for-profit accounting skills? Through a case- study-intense, highly interactive, classroom environment, this CPE course provides you with the tools necessary to go beyond the theory and create value-added services for your clients. This course allows you to examine, evaluate and perform case studies which will enhance your working knowledge of fundamental not-for-profit accounting and reporting, presentation requirements, note disclosures unique to not-for-profits and options allowed under generally accepted accounting principles. FASB’s financial statement standard updates, revenue recognition, and grants and contracts standards are included in this course.

Learning Objective

When you have completed this course, you should be able to:

  • Identify major components of accounting and reporting in not-for-profit organizations.
  • Recognize appropriate accounting for recording and recognizing contributions.
  • Identify concepts related to valuation of contributed services and promises received near year-end.

Topics Dicussed

  • Financial statement presentation
  • Statement of activities
  • Statement of financial position and statement of cash flow
  • Note disclosures
  • Contribution concepts
  • Contribution versus exchange transactions
  • Functional expense and allocation of costs
  • Endowments
  • Operating versus non-operating
  • Split interest agreements and beneficial trusts
  • Agency transactions
  • Programmatic investments
  • Common financial statement mistakes
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COURSE CODE

FSNPO

FIELD OF STUDY

  • Accounting

CPE CREDIT HOURS

8

KNOWLEDGE LEVEL

Intermediate

INTENDED AUDIENCE

Auditors, practitioners and accounting and finance professionals of not-for-profit organizations

PREREQUISITE

Experience in the not-for-profit environment

ADVANCED PREPARATION

None

DELIVERY METHOD

Group Live, Self-Study On-Demand, Self-Study Text

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Contact State Societies for Public Seminar Pricing and Additional Information

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