Course

The Most Critical Challenges in Not-for-Profit Accounting Today

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Event Details

Tuesday, September 20, 2022

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 (Governmental)

CPE Credit

4 hours CPE credit

Course Code

CNA4-25

Instructor

Level of Knowledge

Update

Vendor

Surgent CPE LLC

Prerequisites

Knowledge of not-for-profit accounting.

Description

All materials will be electronic only

This year not-for-profit entities are preparing for or applying critical new standards related to contributions, leases, and more. Now is the time to know more than just what the standards say, we need to know what they mean and how they will affect not-for-profit entities. This course is designed to do just that! The course materials utilize a highly illustrative and innovative format. Over 15 focused exercises are included to provide an enhanced working knowledge of the most critical challenges in not-for-profit accounting today.

Highlights

  • Lessons learned from the implementation of ASU No. 2018-08 regarding grants, contracts, and contributions
  • Preparing for the implementation of the new requirements related to gifts-in-kind
  • Developing a deeper understanding of the requirements in FASB ASC 842, Leases, and how not-for-profit entities will implement the standard

Objectives

  • Identify the critical changes occurring in not-for-profit accounting today
  • Skillfully implement today’s most challenging FASB standards affecting not-for-profits
  • More effectively audit not-for-profit entities through superior knowledge of key accounting issues

Designed For

Not-for-profit industry professionals and auditors.

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