Webinar: Understanding the Form 990 and its Preparation Prerequisites

Introductory Session of Borenstein's Form 990 Foundational Series: This "initiation and introduction to" the Form 990's mechanics and importance w

Number of Credits	Type of Credits
2.00	Taxes

Public accounting tax and audit staff, and nonprofit organization's Treasurers, CFOs and other finance/compliance advisors

Some familiarity with the nonprofit sector helpful, but not necessary.

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

Overview of the Form 990's design and goals in play upon the Core Form and tack-on Schedules
Address of the definition's key factors that make a third-party organization a "related organization"
Exploring the definitions of parties who are to be disclosed as managers at Part VII-A (i.e., as a TDOKE -- a Trustee/Director (TD)/Officer (O)/Key Employee (KE) - or as a High 5) and understanding what is the definition and measure of "reportable compensation"
Working with the definitions of "family member" and "independence" as same are used in Parts VI and Schedule L
Applying the definition of "business relationship" as same is used in Part VI
Sequencing of the form's preparation tasks and who to go to for information
Working with the Board of Directors to have them understand what the completed Form 990 conveys to the public/regulators

After attending this presentation you will be able to...

Appreciate the public relations and regulatory impact of the 12-page Core Form and the most-common substantive-topic Schedules
Identify the circumstances "triggering" each of the 15 substantive-topic Schedules
Identify and master the six key Glossary Terms which all 990 preparers must be able to apply
Distinguish the impact on Board members' "independence" resulting from Schedule L reporting
Discern the various parties who will need provide the data necessary to complete the 990's widely disparate arenas of inquiry
Recognize the value of, and discern approaches appropriate to, public relation sensitive disclosures and presenting the completed form to a filer's Board

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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.