Financial Statement Presentation: Not-for-Profit Accounting & Financial Reporting

Overview

This course covers the basics of financial statement presentation for not-for-profit entities (NFPs).

Highlights

Key Topics

• Statement of financial position
• Statement of activities
• Statement of cash flows
• Accompanying notes to the financial statements

Prerequisites

None

Designed For

Who Will Benefit

• New accountants interested in the basics of accounting and financial reporting requirements that apply to not-for-profit entities.
• Experienced accountants that are new to the not-for-profit i

Objectives

Learning Outcomes

• Identify the basic financial statements prepared by NFPs.
• Recognize components of a statement of financial position.
• Recognize components of a statement of activities.
• Recognize components of a statement of cash flows.
• Recognize components of a statement of functional expenses.
• Identify unique NFP disclosure requirements.