Nonprofit A&A Series: Session 2-Financial Statement Presentation & Disclosure

Course Details

Date

Tuesday, December 6, 2022

10:00am – 12:00pm
(Registration: 9:30am)

Field of Study

Accounting

Course Number

110552

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Intermediate

Vendor

CalCPA Education Foundation

Prerequisites

Familiarity with accounting requirements for nonprofits and generally accepted auditing standards

Description

Stay current in the nonprofit world with this review of nonprofit-specific financial statement disclosure requirements and options.

Highlights

  • Overview of required financial statements

  • Unique considerations in the nonprofit environment

  • Presentation options for reserves, restrictions, functional expenses and liquidity.

  • Common pitfalls and little-known alternatives

Objectives

  • Recognize financial statement presentation requirements for nonprofits

  • Learn about unique rules related to nonprofit organizations regarding revenue, investments, endowments and split-interest arrangements

  • Learn about different presentation options for the key statements, board-designated reserves, restrictions on net assets, and liquidity disclosures

  • Identify areas in which disclosure may not be adequate, particularly given the new audit standard on disclosure

  • Learn about some unique reporting or disclosure options, particularly around non-operating activities

Designed For

CPAs, auditors, accountants and financial professionals in nonprofit organizations

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$89.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$119.00
Your Price $119.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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