This course provides a high level overview of the most important accounting and financial reporting issues facing nonprofit entities and their accountants. The focus will be on explaining the basis behind major issues and trends in executive summary (yet practical) form, enabling professionals to understand the most important aspects of relevant standards, and the basis for any potential changes on the horizon.
Course ID: NFPR
Looming Changes in Nonprofit Financial Reporting
- Explain the impact of new financial reporting model for nonprofit entities being developed by the FASB
- Discuss significant accounting and financial reporting changes on the horizon
- Current outcomes of the highly significant FASB project related to Financial Statements of Not-for-Profit Entities
- Accounting and financial reporting planned changes on the horizon that could significantly impact nonprofit entities