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Self-Study

Expenses: Not-for-Profit Accounting & Financial Reporting

Valid for one year from purchase date
Self-study - On-Demand
2 CPE (2 technical)  |  2 Yellow Book

Course code: 26SI-0142
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If your organization is exempt from sales tax, call us at 952-831-2707 to complete your purchase.

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This course discusses accounting for certain expenses, contrasts them with losses, and summarizes recognition, measurement, and financial statement display issues for those items that are unique to not-for-profit entities (NFPs). The proper functional classification of expenses between program services and supporting activities is important to NFP financial statement users. This course discusses accounting for programmatic expenses as well as fundraising and general and administrative expenses.

Major subjects

  • Expenses and losses.
  • NFP reporting requirements.
  • Expenses related to fundraising activities.
  • Expenses related to joint activities.

Learning objectives

  • Differentiate between expenses and losses.
  • Identify NFP reporting requirements of expenses by nature and function.
  • Recognize proper accounting for expenses related to fundraising activities.
  • Recall the proper accounting treatment for expenses related to joint activities.
  • Recognize other expenses unique to NFPs.

Who should take this program?

  • New accountants interested in the basics of accounting and financial reporting requirements that apply to not-for-profit entities; experienced accountants that are new to the not-for-profit industry or are in need of a refresher on the basics of accountin

Pricing

Standard Member Fee $69.00
checkmark Standard Nonmember Fee $85.00

MNCPA members save $16.00. Become a member.

Our records indicate you are a nonmember. If you register, you will be charged $85.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.

If your organization is exempt from sales tax, call us at 952-831-2707 to complete your purchase.

Add to cart

More program information

Area
of study
Not-for-profit
Field(s)
of study
Accounting - Technical (2.0)
Level Basic
Format Self-study - On-Demand
Sponsor AICPA
NASBA ID#: 112891
Prerequisites Prereq. None
Advance
prep
None

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