Accounting and Reporting for Not-for- Profit Organizations

Description

This course provides you with the tools necessary to enhance your not-for-profit accounting skills and create value-added services to clients. We take you beyond the theory through a case-study-intense, highly interactive, classroom environment where you will examine, evaluate, and perform case studies enhancing 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

Highlights

Objectives

When you complete this course you will be able to:

• Identify major components of accounting and reporting in not-for-profit 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.

Designed For

Auditors, practitioners and accounting and finance professionals of not-for-profit organizations