Do you know what makes not-for-profit accounting and financial reporting different? This course will cover the FASB’s Financial Statement Project and provide insight into what makes not-for-profit financial reporting different while training you to clear key hurdles in not-for-profit accounting and reporting in an efficient and effective manner. Avoid the potholes of confusion and provide a financial picture that end users can truly understand.
When you complete this webcast, you will be able to:~Identify the impact of the FASB’s Not-for-Profit Financial Statement Project.~Identify the unique aspects of the not-for-profit environment.~Recall ways to perform more effective audits of not-for-profit organizations with better knowledge of not-for-profit accounting and reporting requirements. TOPICS DISCUSSED~Core elements of financial reporting~Exchange transactions and contributions~Reporting and measuring results~Impact of FASB’s Not-for-Profit Financial Statement Project
Experience in the not-for-profit environment