NFP Reporting and Presentation
Date/Time
6/21/2024 - 12/31/2034
12:00 AM - 12:00 AM
12:00 AM - 12:00 AM
Course Registration
Credits
2 Credits
Event Type(s)
Anytime CPE
Event Description
This CPE course provides an overview and changes with respect to ASU 2016-14 Presentation of Financial Statements and ASU 2016-18 Restricted Cash and Cash Equivalents in Statement of Cash Flows for Not-for-Profit Entities. This course provides common pitfalls and tips on functional expense reporting and, how to manage liquid resources, common peer review findings related to ASU 2016-14, and tips and suggestions on a successful audit. This course also reviews items to consider, given COVID-19, when preparing for an audit and reviewing financial statements. The instructor will explain the key facts and impacts of ASU 2018-08 Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made, ASU 2019-03: Updating the Definition of Collections, ASU 2019-06: Extending the Private Company Accounting Alternatives on Goodwill and Certain Identifiable Intangibles to NFP Entities, and ASU 2020-07 Presentation and Disclosures by NFP Entities for Contributed Nonfinancial Assets. Lastly, this course will cover Cybersecurity Issues.
Objectives:
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
Instructor:
Adelina Burke, CPA
Fields of Study:
Auditing
Objectives:
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
Instructor:
Adelina Burke, CPA
Fields of Study:
Auditing
Location
Anytime CPE
Outlook/vCalendar/Google
Click on the icon next to the date(s) to add to your calendar:
| 6/21/2024 - 12/31/2034 |    |
Email Reminder
