Vermont Society of Certified Public Accountants
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Surgent's The Most Critical Challenges in Not-for-Profit Accounting Today
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-
Member Price:
$159.00
Non-Member Price:
$219.00
- Date/Time:
- Dec 18, 2024, 1:30pm–5:00pm
- Developer:
- SURGENT MCCOY SELF-STUDY CPE, LLC
- CPE Credits:
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Accounting (Governme: 4.00
- Fields of Study:
-
Accounting (Governmental)
- Level:
- Update
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.
Objective
- 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
Highlights
- Lessons learned (and lessons remaining) from the implementation of FASB ASC 842, Leases, and ASU No. 2020-07 related to contributions of nonfinancial assets
- Solving contribution conundrums (e.g., conditional contributions, restricted contributions, contributed services, and 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
Advanced Preparation
None