Surgent's The Most Critical Challenges in Not-for-Profit Accounting Today

Available Anytime
Location: Online
4Credits
Accounting and Auditing
Registration is Open
FICPA Members
$79.00 Regular Price
Nonmembers
$109.00 Regular Price
Product Code: SU24-CNA4-SSDL
Level: Update
Vendor: Surgent
Field of Study: Accounting (Governmental)

Overview:

Not-for-profit entities have recently applied critical new standards related to contributions of nonfinancial assets, leases, and more. Now is the time to know more than just what the standards say - we need to know what they mean and how they will affect not-for-profit entities. This course is designed to do just that! The course materials utilize a highly illustrative and innovative format. Over 15 focused exercises are included to provide an enhanced working knowledge of the challenges in not-for-profit accounting.

Objectives:

  • Identify the critical changes occurring in not-for-profit accounting today
  • Skillfully implement today’s most challenging FASB standards affecting not-for-profits
  • More effectively audit not-for-profit entities through superior knowledge of key accounting issues

Major Topics:

  • Lessons learned (and lessons remaining) for the implementation of FASB ASC 842, Leases, and the new requirements related to contributions of nonfinancial assets in ASU No. 2020-07
  • Solving contribution conundrums (e.g., conditional contributions, restricted contributions, contributed services, etc.)
  • Additional issues in not-for-profit financial reporting

Designed For:

Not-for-profit industry professionals and auditors

Prerequisite:

Knowledge of not-for-profit accounting

Additional Info:

You will receive an email from info@surgent.com with instructions on how to log onto your course shortly.  If you do not receive the email within the hour, please check your spam filter.

For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email info@surgent.com. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.