Webinar: Vexing Issues Facing Not-for-Profit Accountants

WC2554  |  Course  |  Basic  |  Scheduled

Description

Accounting standards affecting not-for-profit (NPF) organizations have become increasingly complex, and, as a result, a great deal of confusing exists

Credits

Number of Credits Type of Credits
2.00 Accounting (Governmental)

Designed For

Anyone responsible for preparing, reviewing, or auditing NFP organizations financial statements.

Prerequisites

None

Highlights

The major topics that will be covered in this class include:

  • Determining whether a transaction is a revenue versus a gain or an expense versus a loss and why that is important for proper financial reporting
  • Clarifications related to agency transactions, including when variance power is present
  • New definitions and requirements related to contributed services and gifts in kind
  • Comparing the proper reporting for comparative versus summarized financial reporting
  • Clarifications regarding the options available for reporting special events
  • A greater understanding of the unique features of the statement of cash flows for NFPs
  • Clarifications related to joint costs and their allocation

Objectives

After attending this presentation you will be able to:

  • Identify and properly respond to many of the challenges facing preparers of not-for-profit entities financial statements
  • Recall core concepts fundamental to properly account for transactions unique to NFPs
  • Recognize clarifications for unique reporting requirements affecting NFP organizations
  • Recall significant unique challenges facing accountants who prepare of not-for-profit (NFP) entities financial statements by being familiar with the results of examples that reinforce key learning points made throughout the course

Preparation

None

Notes

Webinar Day - HELP and Assistance Instructions

  1. 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.
  2. We recommend you log in early to ensure you are ready to go when the presentation begins.
  3. 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
Your Price: $89.00

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

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