Do you know what makes not-for-profit accounting different? Avoid the potholes of confusion related to exchange transactions, contributions, gains and losses and provide a financial picture that end users can truly understand. Through a combination of practical guidance and case studies, this course provides insight into what makes not-for-profits different.
Course ID: CL2EXCH
Accounting for Exchange Transactions, Contributions and Gains and Losses
• Identify the impact of the FASB standards impacting not-for-profits.
• Apply the unique not-for-profit accounting and reporting requirements, including revenue recognition.
• Recall ways to perform more effective audits of not-for-profit organizations with better knowledge of not-for-profit accounting and reporting requirements.
• Exchange transactions
• Gains and losses
Who Should Attend
Accountants working in the not-for-profit industry
Fields of StudyAccounting
Experience in application of accounting standards in not-for-profit organizations