Accounting & Reporting for Not-for-Profit Organizations
Are you ready to create value-added services for your clients? This highly interactive, CPE self-study course allows you to examine, evaluate and perform case studies. You 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.
Author: Melisa F. Galasso, CPA
- Financial statement presentation, including FASB's financial reporting standard Statement of activities Statement of financial position and statement of cash flow
- Note disclosures Contribution concepts 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
- 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.
Auditors and financial managers responsible for the accounting and reporting of state and local governments, agencies, divisions, and teams.