Join myCPE Prime with a great discount, Unlimited courses and credits for just $199. Hurry! (Offer expires on July 01) Click here to start.

General standards of financial statement presentation for not-for-profits

  • Accountant
  • CPA (CA)
  • CFE
  • CIA
  • CMA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

This CPD webinar is recommended for Canadian CPAs only!

Financial reporting is essentially a process of communication of information. While the success of this communication depends upon the appropriateness of the accounting principles followed and ultimately upon the degree of understanding by the readers of the financial statements, it also depends upon the extent and clarity of presentation and disclosure in the financial statements.

Attendees in this CPD webinar understand the general standards of financial statement presentation for Canadian not-for-profit organizations.

Decisions as to presentation and disclosure in specific situations require the exercise of professional judgment and recognition of specific provisions in governing statutes or regulations for not-for-profit organizations. Simply stated, this course describes what specific rules apply to Canadian not-for-profit organizations presenting their financial statements.

This CPD webinar is a resource that will help preparers of financial statements for not-for-profit organizations and as well as accounting practitioners in exercising their professional judgment as to the recognition, measurement, and disclosure requirements for the presentation of financial statements of not-for-profit organizations.

Speaker Mike Morley of this CPD course outlines an easy-to-understand step-by-step procedure for presenting the required information in the financial statements of Canadian not-for-profit organizations. 

Major Topics Covered:

  • Basic concepts, scope, and applicability of specific rules for financial statement presentation for not-for-profit organizations.
  • Planning the overall approach: establishing not-for-profit organizations' financial statement presentation decision criteria.
  • Sizing up the particular impacts of the financial statements of not-for-profit organizations and the questions you need to ask.
  • Specific rules and provisions for not-for-profit organizations.
  • Limited exceptions are permitted in not-for-profit organizations' financial statement presentations.
  • Disclosure and presentation requirements.

Learning Objectives

  • To become acquainted with the latest information regarding not-for-profit organizations' financial statement presentations.
  • To review the requirements for recognition, measurement, and presentation of not-for-profit organizations.
  • To analyze specific rules and provisions for not-for-profit organizations.
  • To discuss the unique disclosure and presentation requirements for financial statements of not-for-profit organizations.

Recommended For

  • This Online CPD webinar is recommended for Canadian CPAs and Other Accounting Professionals who want to understand the general standards of financial statement presentation for Canadian not-for-profit organizations.

Who Should Attend?

  • Accountant
  • Certificate in Investment Performance Management
  • Certified Fraud Examiner
  • Certified Management Accountant (CMA)
  • Chartered Financial Analyst
  • Chartered Professional Accountant
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Non Profit Pros
  • Nonprofit Professionals
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 2 CPD Credit of Accounting for Chartered Professional Accountant (CPA Canada)
  • 2 General Credit for Accountant/Bookeeper
  • 2 CPE Credit of Accounting for Certified Fraud Examiner (CFE)
  • 2 CPE Credit of Financial Accounting for Certified Internal Auditors (CIA)
  • 2 PL Credit for Chartered Financial Analyst (CFA)
  • 2 CPE Credit for Internal Audit Practitioner (IAP)
  • 2 CPE Credit for Qualification in Internal Audit Leadership (QIAL)
  • 2 PL Credit for Certificate In Investment Performance Measurement (CIPM)
  • 2 CPE Credit of Financial Reporting for Certified Management Accountants (CMA)

Additional details

  • Course Level :
    Basic
  • Credits :
    2
  • Instructional Method :
    Group Internet Based
  • Pre-requisites :
    None
  • Advance Preparation :
    None

Presenter

About Presenter

Michel Morley

Founder, Mike Morley

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.

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

4.3

7 Ratings

Excellent

4

Very Good

1

Average

2

Poor

0

Terrible

0

General standards of financial statement presentation for not-for-profits

$20

2 Credits

Subject Area

Accounting

Upcoming Webinars

Tax Updates Latest (Business & Payroll)
  • 4.3
  • (113)

Jul 01, 2022 | 09:00 AM EDT

Internal and System Controls Overview
  • 4.7
  • (21)

Jul 01, 2022 | 09:00 AM EDT

Succession and Exit Planning
  • 4.2
  • (24)

Jul 01, 2022 | 09:30 AM EDT

Excel Accountant: Intro to Spreadsheets In-Depth
  • 4.6
  • (54)

Jul 01, 2022 | 10:00 AM EDT

Updates to Significant GAAP Topics
  • 4.4
  • (17)

Jul 01, 2022 | 10:00 AM EDT

Government Risk Assessments
  • 3.9
  • (8)

Jul 01, 2022 | 10:00 AM EDT

We use cookies to improve your experience on our website. Cookies store information about how a user interacts with Website. By clicking "Accept Cookies", you agree that MY-CPE LLC can store cookies on your device. All your data is anonymised and cannot be used to identify you.