Course

Financial Reporting for Not-for-Profi Entities

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Event Details

Wednesday, August 28, 2019

12:30pm – 4:00pm
(Registration: 12:00pm)

Location

Fairmont Hot Springs Resort

1500 Fairmont Rd

Fairmont, MT 59711

406-797-3241

Field of Study

Accounting

CPE Credit

4 hours CPE credit

Course Code

CL4NFPP-13

Instructor

Level of Knowledge

Intermediate

Vendor

AICPA

Prerequisites

Experience in the not-for-profit environment.

Description

Do you know what makes not-for-profit accounting and financial reporting different? This course will cover the requirements under FASB’s financial statement standard and provide insight into what makes not-for-profit financial reporting different, such as accounting for grants and contracts. This course will train you to clear key hurdles in not-for-profit accounting and reporting in an efficient and effective manner. Avoid the potholes of confusion and provide a financial picture that end users can truly understand.

Highlights

  • Core elements of financial reporting
  • Exchange transactions and contributions
  • Grants and contracts
  • Reporting and measuring results 
  • Impact of FASB’s not-for-profit financial statement standard

Objectives

When you complete this course, you will be able to:

  • Identify the impact of FASB’s Not-for-Profit Financial Statement Standard.
  • Identify the unique aspects of the not-for-profit environment, such as accounting for grants and contracts.
  • Recall ways to perform more effective audits of not-for-profit organizations with better knowledge of not-for-profit accounting and reporting requirements.

Designed For

Professionals working with or in the not-for-profit environment.

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