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Wednesday, June 30, 2021 Live Webcast

Preparing Not-for-Profit Financial Statements (E2106103)

9:00 AM - 4:30 PM EDT

Registration: 8:30 AM EDT

webcast

Vendor Platform

8.0 CPE Credits in AA

OVERVIEW

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 themselves in the financial statements, and clarifies key options that not-for-profits have in applying the requirements. The course also examines and illustrates key accounting requirements affecting 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.

This course features a live instructor and has been specifically designed for the NJCPA.

DESIGNED FOR

Not-for-profit industry professionals and auditors

BENEFITS

  • Obtain a working knowledge of the 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.

HIGHLIGHTS

  • The key requirements, options, and disclosures related to each of the basic financial statements
  • The reporting of functional and natural expense information
  • The new requirements related to providing liquidity and availability of financial assets information
  • ASU No. 2018-08 and its effect on the accounting for grants and contracts as well as contributions in general
  • How the new lease requirements (FASB ASC 842, Leases) impact not-for-profits
  • Core not-for-profit accounting requirements related to contributions, promises to give, contributed services, net assets, special events, the classification of expenses, and more

COURSE LEVEL

Intermediate

PREREQUISITES

Some introductory background in not-for-profit accounting and reporting.

ADVANCE PREPARATION

None

ADDITIONAL NOTES

  • Qualifies for Yellow Book.

INSTRUCTOR

Joann Noe Cross

Joann Noe Cross, CPA, Ph.D., CMA, CGFM

Joann Noe Cross is an Emeritus Professor of Accounting at the University of Wisconsin-Oshkosh. Her research interests are in accounting history and the uses of financial information. Joann is a member of numerous professional and academic organizations. She is also active in her community, having served in the past as Treasurer of the local United Way and currently serving on the Board of several small charities. In addition, Dr. Cross presents numerous accounting and auditing seminars around the country, speaks at various conferences throughout the year, and maintains an active consulting practice. In 2015 and 2016, she received the Surgent Outstanding Discussion Leader Award because of her consistently high evaluations for knowledge and presentation skills. Joann received her B.S. in Mathematics from the University of Wisconsin-Madison and her Ph.D. in Accountancy from the University of Illinois-Urbana.

PRICING

$289.00 - Member

$439.00 - Nonmember

Register Today


Note: Online pre-registration will close on June 30 at 8:30 AM.

ADDITIONAL OPTIONS

Remind me to register

Print a registration form

COURSE DEVELOPER

Surgent

Qualifies For

  • Yellow Book