• Course Information

    Title: Not-for-Profit Accounting: Reporting and Analysis
    Category: Accounting and Auditing
    Field of Study: Accounting
    Course Code: A016-0397
    CPE Credits: 4.5
    Price: $39.95
    Add to Cart

Description

Description:
Business organizations obtain resources by providing goods and services. Many not-for-profit organizations (NFPOs) obtain resources from contributors and are accountable to the providers of those resources or to their representatives. In general, GAAP requires not-for-profit organizations to issue a statement of financial position, a statement of activities, and a statement of cash flows. The focus is on the organization as a whole and on reporting assets, liabilities, and net assets; changes in net assets; flows of economic resources; cash flows, borrowing and repayment of borrowing, and other factors affecting liquidity; and service efforts. This course addresses the accounting and financial reporting for NFPOs (or NPOs) ---colleges and universities, healthcare providers, voluntary health and welfare organizations (VHWOs), and other not-for-profit entities such as religious, educational, social, recreational entities. Also addressed is financial analysis and ratios that can be useful to analyze financial fitness of NFPOs.

Delivery Method: Online Interactive Self Study

Level:

Prerequisites: Basic Accounting

Advanced Preparation: None

Policies: Click here

Course Details

Author: Delta Publishing

Category: Accounting and Auditing

Field of Study: Accounting

Passing Score: 70%

Publication Date: 11/20/2016

For More Detail: Click here

If you are unable to view PDF then right click the mouse and click save link as

Objectives

Objectives:
Chapter 1 - Not-for-Profit Organizations
1. Recognize the types of and components of financial statements mandated by GAAP for not-for-profit organizations.
2. Identify the difference between restricted and unrestricted assets for a NFPO and how these organizations should report contributions and other revenue sources.

Chapter 2 - Colleges and Universities
1. Identify reporting requirements of higher education.

For More Objectives: Click here

If you are unable to view PDF then right click the mouse and click save link as

Profession

NASBA: Yes

QAS: Yes

CPA: Suitable for all CPAs

IRS: No IRS credit for Enrolled Agents.

Start Saving on Your CPE Today!

Join MasterCPE