Do you know what makes not-for-profit accounting and financial reporting different? This course will cover the requirements under FASB's new financials statement standard 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.
Learning Objectives
Identify the impact of the FASB's Not-for-Profit Financial Statement standard. 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.
Major Topics
Core elements of financial reporting Exchange transactions and contributions Reporting and measuring results Impact of FASB's new not-for-profit financial statement standard
