The 12 courses included in this track will provide a comprehensive foundation in GAAP reporting standards that apply to each of the major transaction cycles of a not-for-profit entity (NFP). Ideal for someone new to NFPs, or in need of a refresher, this set provides an overview of accounting for contributions, endowments, split-interest agreements, fair value measurement, programmatic investments, functional classification of expenses, classification of net assets, and financial statement presentation.
▪ Apply the not-for-profit industry-specific guidance in the FASB ASC
▪ Identify the proper accounting treatment for typical transactions of not-for-profit entities
▪ Recognize the financial statement presentation and disclosure requirements that apply to not-for-profit entities