Webinar: NFP Reporting and Presentation
WC139 | Course | Basic | Scheduled
Description
This CPE course provides an overview and changes with respect to ASU 2016-14 Presentation of Financial Statements and ASU 2016-18 Restricted Cash and
Credits
Number of Credits | Type of Credits |
---|---|
2.00 | Auditing |
Designed For
CPAs who want to know changes in respect to NFP reporting and presentation.
Prerequisites
None
Highlights
The major topics covered in this course include:
- Presentation of NFP financial statements focusing on ASU 2016-14 and ASU 2016-18 with example disclosures
- Common pitfalls on functional expense reporting
- Tips to consider on functional expense reporting
- Ways to manage liquid resources
- Peer review findings relating to implementation of ASU 2016-14
- Items to consider when preparing for an audit and reviewing financial statements related to COVID-19 (underwater endowments, liquidity, going concern, subsequent events etc.)
- Key facts and impacts on current ASUs
- Cybersecurity issues
Objectives
After attending this presentation, you will be able to...
- Identify the major components of reporting in not-for profit organizations
- Determine how to prepare, in accordance with GAAP, the note disclosures for a not-for-profit entity's (NFP)'s financial statements relating to ASU 2016-14 and ASU 2016-18
- Evaluate going concern and subsequent events resulting from COVID-19
- Recognize appropriate accounting for recording and recognizing contributions
- Recognize key facts and impacts of current accounting standard updates
Preparation
None
Notes
Webinar Day - HELP and Assistance Instructions
- The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
- We recommend you log in early to ensure you are ready to go when the presentation begins.
- IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.
Prices
- Member (Early Bird)
- $89.00
- Non-Member (Early Bird)
- $89.00
- Member
- $89.00
- Non-Member
- $89.00