Webinar: Nonprofit Accounting and Financial Reporting Explained
WB5135 | Course | Basic | Scheduled
Description
This course provides a high-level overview of the most important issues facing nonprofit entities and their auditors. The focus of this course is on
Credits
| Number of Credits | Type of Credits |
|---|---|
| 8.00 | Accounting |
Designed For
Anyone responsible for preparing or attesting upon nonprofit financial statements
Prerequisites
None
Highlights
Discussion of financial reporting risks increased by the current economic environment, including increased uncertainty related to critical financial statement amounts and significant disclosures
Executive summary of recent Accounting Standards Updates
Overview of fair value disclosure requirements and implementation issues
Discussion of issues related to donor-restricted endowment funds
Classification of net assets and reclassifications
Endowments, including accounting, disclosures and UPMIFA
Noncascontributions
Contributions received and receivable
Expense recognition issues
Reporting expenses by function and nature
Other relevant matters unique to the nonprofit environment
Objectives
Identify the reasons for unique accounting and financial reporting considerations for nonprofit entities
List the key provisions of ASC 958 related to financial statement considerations for nonprofit entities
Describe special considerations for nonprofits, such as revenue recognition for nonexchange transactions, gifts in kind, and more.
Preparation
None
Notes
This webcast is provided by ACPEN. After registering for the course, you will receive an email from ACPEN with instructions for logging in to the webcast and obtaining your eMaterials.
Prices
- Member (Early Bird)
- $225.00
- Non-Member (Early Bird)
- $275.00
- Member
- $225.00
- Non-Member
- $275.00