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Collections held by Canadian not-for-profit organizations 2 Credits

May 13, 2022, 03:00 PM ET

Collections held by Canadian not-for-profit organizations 2 Credits

  • Rating

    4.3

  • Published on

    December, 1969

  • Subject Area

    Accounting

Learning mode

Live Webinar
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May 13, 2022, 03:00 PM ET

Learning Objectives

  • To discuss the latest information regarding financial statement presentation of Collections held by not-for-profit organizations by Canadian not-for-profit organizations.
  • To discuss the overall guidance on accounting for Collections held by not-for-profit organizations and presentation for Canadian not-for-profit organizations.
  • To analyze how to apply presentation rules and exceptions.
  • To review the recognition, measurement, and presentation constraints.
  • To explore disclosure and presentation requirements.
  • To inspect how to write the appropriate Notes.
  • To explain the unique disclosure and presentation requirements of presenting Collections held by not-for-profit organizations in financial statements of Canadian not-for-profit organizations.

Course Overview

Financial statements for Canadian not-for-profit organizations are designed to meet the common information needs of external users of financial information about a Canadian not-for-profit organization. This CPD course describes the standard for Collections held by not-for-profit organizations and what specific rules are used for financial statement presentation.

This CPD webinar for Canadian CPAs is a resource that will help preparers of financial statements and accounting practitioners in exercising their professional judgment as to the implementation of presentation rules for Collections held by not-for-profit organizations in the financial statements of Canadian not-for-profit organizations.

Following are the major Topics Covered in this CPD Accounting Online Course: 

  • Basic concepts, scope, and applicability of accounting for Collections held by not-for-profit organizations and financial statement presentation for Canadian not-for-profit organizations. 
  • Planning the approach: Collections held by not-for-profit organizations policies and decision criteria.
  • Sizing up the impacts of the presentation of Collections held by not-for-profit organizations presentation: questions you need to ask.
  • Specific rules and unique provisions for presenting Collections held by not-for-profit organizations in the financial statements.
  • Recognition criteria.
  • Disclosure and presentation requirements.
  • Notes to financial statements.

Speaker Mike Morley in this CPD Webinar outlines an easy-to-understand step-by-step procedure for presenting Collections held by not-for-profit organizations in the financial statements of Canadian not-for-profit organizations and what needs to be carefully considered.

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Accounting for CPA in Canada 2 CPD Eligible
Certified Internal Auditors (CIA) 2 CPE Eligible
Certified Management Accountants (CMA) 2 CPE Eligible
Chartered Financial Analyst (CFA) 2 PL Eligible
Certified Fraud Examiner (CFE) 2 CPE Eligible
Internal Audit Practitioner (IAP) 2 CPE Eligible
Qualification in Internal Audit Leadership (QIAL) 2 CPE Eligible
CIPM 2 PL Eligible
License details Credits Status
Accounting for CPA in Canada 2 CPD Eligible
Certified Internal Auditors (CIA) 2 CPE Eligible
Certified Management Accountants (CMA) 2 CPE Eligible
Chartered Financial Analyst (CFA) 2 PL Eligible
Certified Fraud Examiner (CFE) 2 CPE Eligible
Internal Audit Practitioner (IAP) 2 CPE Eligible
Qualification in Internal Audit Leadership (QIAL) 2 CPE Eligible
CIPM 2 PL Eligible

Additional Information

Credits

2

Course Level

Basic

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

About Instructor

Elevate Your Career with Michel Morley's CPE Courses at myCPE

Michel Morley

Founder, Mike Morley

  • 4.2
  • rating
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Mike Morley is a Certified Public Accountant and a recognized authority in the field of finance with more than 25 years experience in finance, including SOX and IFRS implementation.

An entertaining and informative speaker and trainer, Mike is the author of:

“IFRS Simplified” which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.

“Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.

“Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.

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How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

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To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

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How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

Excellent (33%)

Very Good (67%)

Average

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Terrible

JB

Jed Blancaflor, CPA in Canada

4

Presentation was very informative in discussing the treatment of collections for accounting purposes. Slides are especially helpful in summarizing the information presented.

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