Form 990: Best Practices for Accurate Preparation

Wednesday, July 10, 2024
Webcast or Webinar, Online
9:00 AM - 5:00 PM (opens at 8:30 AM) EST
8Credits
Technical Business

Registration is Open

Members
$332.00 Regular Price
Non-Members
$403.00 Regular Price

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$160.00 Members / $224.00 Non-Members
Course Type: Webcast
Course Code: 24/AI499931
Level: Intermediate
Vendor: AICPA CPE Division
Field of Study: Taxes

Overview:

Take an in-depth look at Form 990.

Dive into the 12-parts of Form 990 and its 16 schedules with a line-by-line analysis that offers explanations and tips for accurate completion.

Updated for changes in 1099-MISC and 1099-NEC reporting, the webcast shows participants the ins and outs of reporting on Form 990.

Objectives:

  • Identify the filing requirements for Form 990, Form 990-EZ and Form 990-N.
  • Determine best practices to complete schedules to Form 990.

Major Topics:

  • Primacy of the Form 990 as a "one size fits all" reporting mechanism
  • Form 990 preparation sequencing and data gathering; and keys to getting Form 990 preparation right the first time
  • Addressing presence of "related organizations"
  • Identification of managers and measurements of their compensation
  • 990 versus books-and-records financial statement detail
  • Disclosures of governance inputs and Boards' employ of policies
  • Major Topics:

  • Primacy of the Form 990 as a "one size fits all" reporting mechanism
  • Form 990 preparation sequencing and data gathering; and keys to getting Form 990 preparation right the first time
  • Addressing presence of "related organizations"
  • Identification of managers and measurements of their compensation
  • 990 versus books-and-records financial statement detail
  • Disclosures of governance inputs and Boards' employ of policies
  • Designed For:

  • CPAs
  • Attorneys
  • Nonprofit managers
  • Prerequisites:

    None