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The Most Critical Challenges in Not-for-Profit Accounting Today (CNA4)

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Live Webinar SELECT STARTING AT $159 (4 dates)

Credits: 4

Qualifies For: YB CPE

Instructor(s): Charlie Blanton, CPA

$159

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Credits: 4

Qualifies For: YB CPE

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Credits: 4

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Credits: 4

Qualifies For: YB CPE

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The Most Critical Challenges in Not-for-Profit Accounting Today (CNA4)

  • Customer Rating
    Reviews Not Available.
  • Field of Study
    Accounting (Governmental)
  • Level
    Update
  • Credits
    4
  • Qualifies for

    YB CPE

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.

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

Learning 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

Designed for:

Not-for-profit industry professionals and auditors

Prerequisite:

Knowledge of not-for-profit accounting

Advanced Preparation:

None

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