GAAP for NFPs

Printer Friendly
Text Size: A A A A
 
Back New Search

Overview

1.0 Credits
ONLINE

In this CPE course, you will learn about the major accounting and financial reporting requirements and transactions that are unique to not-for-profit entities (NFPs) and require special consideration under GAAP. In addition, you will work through several scenarios to understand when and how to apply the guidance in the FASB Accounting Standards Codification (ASC) to NFPs.

Objectives

  • Apply the guidance in the FASB ASC to NFPs
  • Identify the NFP industry-specific guidance in the FASB ASC
  • Recall the importance and use of non-authoritative guidance

Major Topics

  • Major differences between for-profit and NFP reporting practices
  • FASB ASC
  • Non-authoritative guidance relevant to NFPs
  • Terminology unique to NFPs

Designed For

CPAs who are new to NFPs, entry-level staff in public accounting firms, seasoned professionals with limited exposure to NFPs, and NFP board members
Add to Cart