Course Description
This CPD webinar describes the concepts underlying the application of Accounting Standards for Canadian Not-for-profit Organizations in presenting general-purpose financial statements for not-for-profit organizations.
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 about contributions recognized as revenue and the specific rules used for financial statement presentation.
It 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 contributions recognized as revenue in the financial statements of Canadian not-for-profit organizations.
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 contributions recognized as revenue 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 contributions receivable revenue recognition accounting and financial statement presentation for Canadian not-for-profit organizations.
- Planning the approach: financial statement contribution receivable revenue recognition policies and decision criteria.
- Sizing up the impacts of contribution receivable revenue recognition presentation: questions you need to ask.
- Specific rules and unique provisions for presenting contributions receivable revenue recognition 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 contributions and revenue recognition in the financial statements of
Canadian not-for-profit organizations and what needs to be carefully
considered.
Learning Objectives
- To discuss the latest information regarding financial statement presentation of contributions receivable and revenue recognition by Canadian not-for-profit organizations.
- To analyze the overall guidance on contributions receivable and revenue recognition accounting and presentation for Canadian not-for-profit organizations.
- To explain how to apply presentation rules and exceptions.
- To review the recognition, measurement, and presentation constraints.
- To analyze disclosure and presentation requirements.
Recommended For
- This
Online CPD Course is recommended for Canadian CPAs and other accounting
professionals who want to understand the easy-to-understand step-by-step
procedure for presenting contributions and revenue recognition in the financial
statements of Canadian not-for-profit organizations.
Who Should Attend?
- Certified Public Accountant (CPA)
- Chartered Certified Accountant (ACCA)
- CPA (Industry)
- CPA - Mid Size Firm
- CPA - Small Firm
- Young CPA
