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
Your Price: $275.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

Members log in and save $50.00 on this event. Not a member? join today.