NFP Reporting and Presentation (C65218)

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Cancellation Policy

Please note that this webinar Is from a third party vendor, CPA Crossings. We strongly recommend registering no later than one-hour before the webinar begins. Please contact CPA Crossings webinar hotline if you do Not receive your webinar invitation via email within five minutes after registering:  877-370-2220 ext. 1. Thank you.

Date(s):

11/06/2024

Registration Open:

12:00 AM - 11:00 AM

Time:

11:00 AM - 1:00 PM

Facility:

 Online

Meeting Type:

Webinars

CPE Credit:

2.00

Field(s) Of Study:

Auditing (2.00)

Level of Knowledge:

Basic

Price:

Member: $89.00
Nonmember: $109.00

Individual Discounts:

Not Available

Overview

After attending this presentation, you will be able to...

  • Identify the major components of reporting in not-for profit organizations
  • Determine how to prepare, in accordance with GAAP, the note disclosures for a not-for-profit entity's (NFP)'s financial statements relating to ASU 2016-14 and ASU 2016-18
  • Evaluate going concern and subsequent events resulting from COVID-19
  • Recognize appropriate accounting for recording and recognizing contributions
  • Recognize key facts and impacts of current accounting standard updates

Highlights

The major topics covered in this course include:

  • Presentation of NFP financial statements focusing on ASU 2016-14 and ASU 2016-18 with example disclosures
  • Common pitfalls on functional expense reporting
  • Tips to consider on functional expense reporting
  • Ways to manage liquid resources
  • Peer review findings relating to implementation of ASU 2016-14
  • Items to consider when preparing for an audit and reviewing financial statements related to COVID-19 (underwater endowments, liquidity, going concern, subsequent events etc.)
  • Key facts and impacts on current ASUs
  • Cybersecurity issues

Speaker(s)

Prerequisites

None