Course ID: CL4CNFP

Not-for-Profit Accounting and Auditing: Practical Cases for CPAs

Do you know how to handle transactions unique to the not-for-profit environment? During this course you will gain hands-on experience with case studies designed to simulate real-world scenarios and common problems in today’s not-for-profit environment. This course goes beyond the theory and will show you how to navigate the key issues that arise in not-for-profit accounting and auditing.


LEARNING OBJECTIVES
  • Recognize financial statement presentation deficiencies.
  • Properly apply the three net asset classifications.
  • Understand key considerations in the auditor’s identification of fraud risk factors.
  • Identify the accounting differences between contribution and exchange transaction revenues.
  • Discuss key issues relating to the recording and valuation of contributed services.
  • Properly apply concepts related to contributed services.

MAJOR TOPICS
  • Financial statement requirements
  • Net asset classifications
  • Consideration of fraud
  • Promises to give
  • Distinguishing contributions from exchange transactions
  • Auditing contributions
  • Contributed services

DESIGNED FOR
Not-for-profit professionals responsible for accounting and reporting and auditors of not-for-profits

FIELD OF STUDY
Accounting (Gvmt)
Auditing (Gvmt)

PREREQUISITES
Experience in the not-for-profit environment

COURSE PRODUCER
AICPA

CPE CREDITS
4.0

LEVEL
Intermediate

This course is avaliable for your group as:

Group Live
 

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Or, contact BLI: 888-481-3500 or learn@blionline.org