Basic Not-for-Profit Accounting - Virtual (C62208)

Log In to Register

Cancellation Policy

 

Date(s):

06/12/2024

Registration Open:

8:15 AM - 8:30 AM

Time:

8:30 AM - 12:20 PM

Facility:

 Online

Meeting Type:

Conference

CPE Credit:

4.00

Field(s) Of Study:

Accounting (3.00), Auditing (0.50), Taxes (0.50)

Level of Knowledge:

Basic

Price:

Member: $265.00
Nonmember: $350.00

Individual Discounts:

Not Available

Group Discounts:

10+ Registrants - Discount: 5.00%
20+ Registrants - Discount: 10.00%

Overview

Financial Statement Presentation for Nonprofit Organizations 

  • Overview of Nonprofit Financial Reporting and Accountability 

  • Understanding the Use of the Financials 

  • FASB Prescribed Formats 

  • Preparing Financial Statements for Nonprofit Organizations 

  • Footnote Disclosure Considerations 

  

Net Assets – Accounting Concepts  

  • Determine the Types of Restrictions that Can Exist with Net Assets 

  • Understand the Testing Requirements for Net Assets and Correct Classification 

  • Identity When a Restriction on Net Assets is Met and the Net Assets are Released 

  

Functional Expenses – Accounting and Disclosure 

  • Identify the Categories of Functional Expenses 

  • Define How to Develop an Understanding of the Organization’s Allocation 

  • Presentation of Functional Expenses in the Financial Statements 

  

Contributions in General

  • Contribution Revenue – an Overview 

  • Distinguishing Between a Contribution and an Exchange Transaction 

  • Distinguishing Between a Conditional Contribution and an Unconditional Contribution 

  • Distinguishing Between a Condition and a Restriction in a Contribution Arrangement 

  • Presentation of Contributions of Nonfinancial Assets 

 

Speaker(s)