Accounting for Nonprofit Board Members 2024

Tuesday, May 28, 2024
Webcast or Webinar, Online
12:00PM - 2:30 PM (opens at 11:30AM) EST
3Credits

Registration is Open

Members
$129.00 Regular Price
Non-Members
$169.00 Regular Price

CPE PowerPass Users

Click the "Apply PowerPass" button to use your PowerPass for the applicable course below.
$60.00 Members / $84.00 Non-Members
Course Type: Webcast
Course Code: 24/8125053
Level: Basic
Vendor: California CPA Education Foundation
Field of Study: Accounting

Overview:

Serving on a nonprofit board can be exciting and fulfilling. However, unique FASB standards for nonprofits can make reading financial statements a frustrating task. Being a board member can also lead to personal liability if the organization's policies and procedures are not set up properly and monitored effectively. With this class, you'll examine the core principles and practices of nonprofit accounting, and what questions to ask your organization to protect the organization and its leadership.

Objectives:

• Identify accounting and reporting differences between for-profit and not-for-profit organizations • Determine fundamental accounting rules of not-for-profits and common accounting errors • Identify board member responsibilities and potential risk areas for board member liability

Major Topics:

• Nonprofit GAAP • Common accounting errors • Risk management

Major Topics:

• Nonprofit GAAP • Common accounting errors • Risk management

Designed For:

Board members of not for profit organizations.

Prerequisites:

None