April 2, 2024


2 Total CPE Credits


NFP Reporting and Presentation

  • Instructor

    Adelina Burke

Learning Objectives

After attending this presentation, you will be able to...

  • Identify the major components of reporting in not-for profit organizations
  • Determine how to prepare, in accordance with GAAP, the note disclosures for a not-for-profit entity's (NFP)'s financial statements relating to ASU 2016-14 and ASU 2016-18
  • Evaluate going concern and subsequent events resulting from COVID-19
  • Recognize appropriate accounting for recording and recognizing contributions
  • Recognize key facts and impacts of current accounting standard updates

Major Topics

The major topics covered in this course include:

  • Presentation of NFP financial statements focusing on ASU 2016-14 and ASU 2016-18 with example disclosures
  • Common pitfalls on functional expense reporting
  • Tips to consider on functional expense reporting
  • Ways to manage liquid resources
  • Peer review findings relating to implementation of ASU 2016-14
  • Items to consider when preparing for an audit and reviewing financial statements related to COVID-19 (underwater endowments, liquidity, going concern, subsequent events etc.)
  • Key facts and impacts on current ASUs
  • Cybersecurity issues

CPE Credits Available

Total CPE

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • A&A

Advanced Preparation


Intended Audience

CPAs who want to know changes in respect to NFP reporting and presentation.


CPA Crossings

Register For This Event

  • ASCPA Member

    $ 89 89
  • ASCPA Non-Member

    $ 139 139
    Your Price

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