Generally accepted accounting principles for not-for-profit organizations

Course Description

This CPE webinar describes the Generally Accepted Accounting Principles (GAAP) 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 Generally Accepted Accounting principles and rules are applicable to not-for-profit organizations putting together their financial statements.

The speaker Mike Morley in this CPE webinar 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 by applying Generally Accepted Accounting Principles that are specific to not-for-profit organizations.

This CPE Accounting course outlines an easy-to-understand step-by-step procedure for including required information in the financial statements of not-for-profit organizations based on their unique Generally accepted accounting principles.

It examines the many factors that not-for-profit organizations need to carefully consider when implementing the distinctive aspect of accounting based on the Generally Accepted Accounting Principles for not-for-profit organizations.

Learning Objectives

• To review the basic concepts, scope, and applicability of specific Generally Accepted Accounting Principles and accounting rules for not-for-profit organizations. 
• To know the planning the approach: establishing not-for-profit organizations GAAP decision criteria.
• To discuss the sizing up the impacts of GAAP for not-for-profit organizations and the questions you need to ask.
• To study the specific rules and provisions for GAAP for not-for-profit organizations and other disclosures.
• To analyze the limited exceptions permitted in not-for-profit organizations GAAP.
• To discuss disclosure and presentation requirements.

Recommended For

• This Online CPE course is intended for CPA, CMA, CIA, IAP, QIAL, CFE, CVA, CBA/MCBA, CFO, CEO, business owners, business managers, corporate accountants, and other accounting professionals who want to understand the generally accepted accounting principles for not-for-profit organizations.
  

Who Should Attend?

Webinar Qualifies For

• 2 CPE Credit of Accounting for Certified Fraud Examiner (CFE)
• 2 CPE Credit of Financial Accounting for Certified Internal Auditors (CIA)
• 2 CPE Credit of Financial Reporting for Certified Management Accountants (CMA)
• 2 CPE Credit of Financial accounting for Certified Valuation Analyst (CVA)
• 2 CPE Credit for Internal Audit Practitioner (IAP)
• 2 CPE Credit for Qualification in Internal Audit Leadership (QIAL)
• 2 CPE Credit of Financial accounting for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
• 2 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
• 2 CPD Credit of Financial Reporting for Accredited in Business Valuation (ABV)
• 2 CPD Credit of Financial Reporting for Certified Financial Forensics (CFF)
• 2 CPE Credit for Certified Government Financial Manager (CGFM)
• 2 PL Credit for Chartered Financial Analyst (CFA)
• 2 PL Credit for Certificate In Investment Performance Measurement (CIPM)
• 2 CRE Credit for Certified Corporate FP&A Professional (FPAC)
• 2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
• 2 CE Credit for Certified Wealth Strategist (CWS)
• 2 General Credit for Accountant/Bookkeeper (ACCT./BK)

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