Accounting For Nonprofit Board Members
Serving on a nonprofit board can be exciting and fulfilling. However, unique FASB standards for nonprofits can make reading financial statements a frustrating task. In this course, learn about core accounting standards for nonprofits and what common accounting errors to avoid.
Being a board member can also lead to personal liability if the organization’s policies and procedures are not set up properly and monitored effectively. Examine the key areas of nonprofit risk management and compliance, and what questions to ask your organization to protect leadership.
- Nonprofit GAAP
- Common accounting errors
- Risk management
- Identify accounting and reporting differences between for-profit and not-for-profit organizations.
- Determine fundamental accounting rules of not-for-profits and common accounting errors.
- Identify board member responsibilities and potential risk areas for board member liability.
CPAs and accounting professionals.
Applicable if you are a HSCPA member in good standing.
Applicable if you are not a HSCPA member.