• Course Information

    Title: Not-for-Profit Accounting: Reporting and Analysis
    Category: Accounting and Auditing
    Field of Study: Accounting
    Course Code: A019-0397
    CPE Credits: 5.0
    Price: $43.95
    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 NFPOs 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, and recreational entities. Also addressed is financial analysis and ratios that can be useful to analyze the financial fitness of NFPOs.

Delivery Method:

Level: Overview

Prerequisites: None

Advanced Preparation: None

Policies: Click here

Course Details

Author: Delta Publishing

Category: Accounting and Auditing

Field of Study: Accounting

Passing Score: 70%

Publication Date: 01/22/2019

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 net assets with donor restrictions and net assets without donor restrictions for an NFPO and how these organizations should report contributions and other revenue sources.

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