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Not-For-Profit Presentation of Financial Statements and Reporting Webinar

CPE

When
Aug. 5
8:00 - 9:40 a.m.

CPE Credits
2-A&A

Details

 Pricing

PICPA Member: $79 | Nonmember: $104


 More Information

Course No.
775900
Level
Basic

Description

 

Identify the major components of reporting in not-for profit organizations. Hear about key facts and the impact of current accounting standard updates (ASUs). Determine how to prepare the note disclosures for a not-for-profit entity's financial statements relating to ASU 2016-14 and ASU 2016-18 and in accordance with GAAP. Evaluate going concern and subsequent events resulting from COVID-19. Recognize appropriate accounting for recording and recognizing contributions.

Highlights

• Presentation of not-for-profit financial statements focusing on ASU 2016-14 and ASU 2016-18 with example disclosures
• Common pitfalls and tips to consider on functional expense reporting
• Ways to manage liquid resources
• Peer review findings relating to implementation of ASU 2016-14
• Items to consider when preparing for an audit and reviewing financial statements related to COVID-19 (underwater endowments, liquidity, going concern, subsequent events etc.)
• Key facts and impacts on current ASUs
• Cybersecurity issues



Speaker(s)


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