Not-for-Profit Organizations: Treasury Utilizing QuickBooks 2024

Wednesday, January 29, 2025
Webcast or Webinar, Online
11:00AM - 6:30 PM (opens at 10:30AM) EST
8Credits

Registration is Open

Members
$299.00 Regular Price
Non-Members
$399.00 Regular Price

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$160.00 Members / $224.00 Non-Members
Course Type: Webcast
Course Code: 24/2125378
Level: Overview
Vendor: California CPA Education Foundation
Field of Study: Accounting

Overview:

Not-for-profit organizations always need volunteers as treasurers or members of the financial oversight committee! CPAs are often asked to fulfill these roles. This course highlights the accounting needs of such organizations. Along with covering the status of the not-for-profit organizations, an update on recent ASC updates affecting nonprofit entities is covered. QuickBooks 2023 Desktop will be used to demonstrate how its tools provide more efficient and effective financial management for your not-for-profit. This course is geared toward hands-on, or future hands-on, treasurers of service clubs and similar organizations.

Objectives:

• Identify the accounting needs of not-for-profit organizations, specifically membership and service organizations • Identify the financial statements required by US GAAP, including recent ASU updates for not-for-profit entities • Illustrate, using QuickBooks 2023 Desktop, the types of transactions usual for not-for-profit membership and service organizations • Discuss the need for governance policies and budgeting in a not-for-profit membership and service organization

Major Topics:

• Financial entity • IRS filing status • Recent ASC updates affecting nonprofits • Inflows and Outflows • QuickBooks Desktop • Setup • Data entry • Reporting • Governance policies and budgeting

Major Topics:

• Financial entity • IRS filing status • Recent ASC updates affecting nonprofits • Inflows and Outflows • QuickBooks Desktop • Setup • Data entry • Reporting • Governance policies and budgeting

Designed For:

CPAs, and financial and managerial professionals.

Prerequisites:

None