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23WX-3975: Vexing Issues Facing Not-for-Profit Accountants (Webinar)

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

Monday, April 15, 2024
10:30am - 12:30pm Central Time
2 CPE (2 technical)

Accounting standards affecting not-for-profit (NFP) organizations have become increasingly complex, and, as a result, a great deal of confusing exists as to how to properly account for certain transactions unique to these organizations. This course will clarify proper accounting and reporting for these troubling areas. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Major subjects

  • 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

Learning objective(s)

  • 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

Who should take this program?

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

Fees

Our records indicate you are a nonmember. If you register, you will be charged $89.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $89.00
checkmark Standard Nonmember Fee $89.00

More program information

Instructor Daniel Bradley, CPA
Location Online
Area
of study
Not-for-profit
Field(s)
of study
Accounting (Governmental) - Technical (2.0)
Level Basic
Format Group Internet Based
Sponsor CPA Crossings, LLC
NASBA ID#: 108744
Prerequisites Prereq. None
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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