Surgent's Preparing Not-for-Profit Financial Statements

In order to prepare accurate and effective not-for-profit financial statements, professionals must have a strong working knowledge of the reporting requirements. Now is the time to obtain that knowledge! This course explains the requirements, illustrates how the requirements manifest in the financial statements, and clarifies options available to not-for-profits in applying the requirements. The course covers key accounting areas that affect not-for-profits, including revenue recognition, contributions, and leases. The course materials utilize a highly illustrative and innovative format, including over 30 focused exercises to provide an enhanced working knowledge of not-for-profit accounting and reporting.

Major Topics:

Objectives:

• Obtain a working knowledge of the new not-for-profit requirements contained in ASU No. 2016-14 and ASU No. 2018-08
  
• Skillfully prepare a not-for-profit’s financial statements through superior knowledge of accounting and reporting requirements
  
• Effectively apply today’s core not-for-profit accounting requirements while also preparing for changes coming in the area of leases

Level: Intermediate

Instructor: Charlie Blanton, CPA

CPE Credits: 8

Area of Study: Accounting (Governmental) (8)

Prerequisite: Some introductory background in not-for-profit accounting and reporting