Do you need to enhance your not-for-profit accounting skills? Through a case-study-intense, highly interactive, classroom environment, this CPE course provides you with the tools necessary to go beyond the theory and create value-added services for your clients. This course allows you to examine, evaluate and perform case studies which will enhance your working knowledge of fundamental not-for-profit accounting and reporting, presentation requirements, note disclosures unique to not-for-profits and options allowed under GAAP. ASU No. 2016-14 updates are included in this course.
Learning Objectives
▪ Identify major components in accounting and reporting for nonprofit organizations
▪ Recognize appropriate accounting for recording and recognizing contributions
▪ Identify concepts related to valuation of contributed services and promises received near year-end
▪ Comprehend fund accounting and the reclassification of fund balances into net asset classes
▪ Describe the effects of split-interest agreements on not-for-profit entities
▪ Discern the appropriate accounting for membership dues under various scenarios