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22WS-1313: Surgent's Preparing Not-for-Profit Financial Statements (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Date Friday, December 30, 2022
Time 8:00am - 4:00pm
Central Time
Location Online
CPE credits CPE 8.0
Field(s)
of study
Accounting (Governmental) - Technical (8.0)
Specialty
credits
8.0 Yellow Book recommended
Instructor Charles Blanton, CPA
Surgent
Fees
Standard Member Fee $279.00
Standard Nonmember Fee $279.00

Description

In order to prepare accurate and effective not-for-profit financial statements, professionals must have a strong, working knowledge of the reporting requirements. Now is the time to obtain that knowledge! This course explains the requirements, illustrates how the requirements manifest themselves in the financial statements, and clarifies key options that not-for-profits have in applying the requirements. The course also examines and illustrates key accounting requirements affecting not-for-profits including revenue recognition, contributions, and leases. The course materials utilize a highly illustrative and innovative format, including over 30 focused exercises to provide an enhanced working knowledge of not-for-profit accounting and reporting.

Who should take this program?

Not-for-profit industry professionals and auditors

Major subjects

  • The key requirements, options, and disclosures related to each of the basic financial statements
  • How the reporting of functional and natural expense information has changed
  • The requirements related to providing liquidity and availability of financial assets information
  • The implementation of ASU No. 2018-08 and its effect on the accounting for grants and contracts as well as contributions in general
  • How the new lease requirements (ASU No. 2016-02, Leases) impact not-for-profits
  • Core not-for-profit accounting requirements related to contributions, promises to give, contributed services, net assets, special events, the classification of expenses, and more

Learning objective(s)

  • Obtain a working knowledge of the not-for-profit financial reporting requirements
  • Skillfully prepare a not-for-profit's financial statements through superior knowledge of accounting and reporting requirements
  • Effectively apply today's core not-for-profit accounting requirements while also preparing for changes coming in the area of leases

Notes:

Course code Code 22WS-1313
Sponsor Surgent
NASBA ID#: 103212
Level Intermediate
Format Group Internet Based
Prerequisites Prereq. Some introductory background in not-for-profit accounting and reporting
Advance
prep
None

If you have questions about this event, please call us at 952-831-2707.