Course Description
This CPE webinar describes the concepts
underlying the application of not-for-profit accounting standards in general-purpose financial
statements for not-for-profit enterprises and many of the required disclosures.
Financial
statements for not-for-profit enterprises are designed to meet the common
information needs of external users of financial information about a
not-for-profit entity. This course describes what specific rules apply to
not-for-profit organizations putting together their financial statements.
The
speaker Mike
Morley will help preparers of financial statements and accounting
practitioners in exercising their professional judgment as to the recognition,
measurement, and disclosure requirements for the financial statements of
not-for-profit organizations.
This CPE
course outlines an easy-to-understand step-by-step procedure for including
required information in the financial statements of not-for-profit
organizations. It examines the many factors that not-for-profit organizations
need to carefully consider when implementing the unique aspect of accounting
for not-for-profit organizations.
Major Topics Covered in this CPE
Accounting Course:
- Basic concepts, scope, and applicability of specific accounting rules for not-for-profit organizations.
- Planning the approach: establishing not-for-profit organizations' decision criteria.
- Sizing up the impacts of not-for-profit organizations and the questions you need to ask.
- Specific rules and provisions for not-for-profit organizations and other disclosures.
- Limited exceptions are permitted in not-for-profit organizations' accounting.
- Disclosure and presentation requirements.
Learning Objectives
- To analyze the latest information regarding not-for-profit organizations' financial statement accounting.
- To review the requirements for recognition, measurement, and presentation under not-for-profit organizations' accounting.
- To inspect the limited exceptions permitted in not-for-profit organizations' accounting
- To discuss the unique disclosure and presentation requirements for not-for-profit organizations' financial statements.
Recommended For
- This
Online CPE course is intended for CPA, CMA, CFE, CIA, CVA, IAP, QIAL, CBA/MCBA,
CFO, CEO, business owners, business managers, corporate accountants, and other
accounting professionals who want to understand the financial
statement concepts for not-for-profit organizations.
Who Should Attend?
- Business Owner
- CEO
- Certified Management Accountant (CMA)
- Certified Public Accountant (CPA)
- CFO/Controller
- CPA (Industry)
- CPA - Mid Size Firm
- CPA - Small Firm
- Non Profit Pros
- Nonprofit Professionals
- Staff of Accounting Firm
- Young CPA
