CPE Link

Key Accounting and Reporting Issues for Nonprofits Part 1: Introduction(Completed)

Date: Tuesday, March 16, 2010
Instructor: Larry Perry

Begin Time:

8:00 am Pacific Time
9:00 am Mountain Time
10:00 am Central Time
11:00 am Eastern Time

CPE Credit:

2 hours for CPAs (includes 2 Accounting & Auditing hours)

This webcast focuses on the differences between for-profit and non-profit organizations in their organization, accounting and reporting. It includes discussions of assets, liabilities and net asset accounts that are common to most non-profit organizations.

Who Should Attend
Practitioners in public accounting at all levels of experience who would like better understanding of non-profit organizations’ operations, accounting and reporting. Also, accounting employees and management of non-profit organizations will benefit from this presentation.

Topics Covered

Definition of a non-profit organization and differences from for-profit organizations

SFAS Nos. 116, 117, and 124

Illustrative financial statements and footnotes for a small NPO

Management’s representations in financial statements

Assets, liabilities and net asset accounting and presentation

Learning Objectives

Understand the fundamental definitions and operating principles of non-profit organizations

Review Statements of Financial Accounting Standards for non-profit organizations

Become familiar with basic financial statements and footnotes presentations for non-profit organizations

Understand managements responsibilities for internal control over financial reporting

Understand principles of accounting and reporting for accounts presented on the statement of financial position

Level
Basic

Format
Live webcast

Instructional Method
Group: Internet-based

NASBA Field of Study
Accounting (2 hours)

Program Prerequisites
None

Advance Preparation
None

Registration Options

Individual
Group	Group size:

Fees

Regular Fee	$69
Group Fee	$49
Value Pass Fee	$0

Related Products:

Title	Format	Date	Credit
Key Accounting and Reporting Issues for Nonprofits Part 1: Introduction	On-demand webcast	N/A	0