Fair Value Issues Specific to NFPs: Not-for-Profit Accounting & Financial Reporting
Available for 1 year after purchase date
**OnDemand**
2.0 Credits
Member Price $69.00
Non-Member Price $85.00
Overview
This course covers fair value concepts unique to not-for-profit entities (NFPs).
Highlights
Key Topics
- Noncash contributions received (gifts-in-kind)
- Financial assets held as an agent
- Split-interest agreements
- Beneficial interest in a trust
- Certain investments
- Derivative instruments
- Impairment losses for long-lived assets
- Asset retirement obligations
- Guarantee obligations
- Exit and disposal costs
- Nonmonetary transactions
- Transfers of financial assets
- Financial assets or liabilities
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
- Recall the definition of fair value.
- Identify the three most common techniques used to establish fair value.
- Recognize fair value measurement of promises to give and gifts-in-kind.
- Recall techniques used to measure fair value of trusts.
- Recognize special considerations related to split-interest agreements.
Non-Member Price $85.00
Member Price $69.00