Surgent's The Most Critical Challenges in Not-for-profit Accounting Today

Thursday, October 14, 2021
Webcast or Webinar, Online
9:00 AM - 12:30PM (opens at 8:30 AM) EST
4Credits
Accounting and Auditing

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$139.00 Regular Price
Non-Members
$199.00 Regular Price
Course Type: Webcast
Course Code: 21/SUCNA407
Level: Update
Vendor: Surgent
Field of Study: Accounting (Governmental)

Overview:

This year not-for-profit entities are preparing for or applying critical new standards related to contributions, leases, and more. Now is the time to know more than just what the standards say, we need to know what they mean and how they will affect not-for-profit entities. This course is designed to do just that! The course materials utilize a highly illustrative and innovative format. Over 15 focused exercises are included to provide an enhanced working knowledge of the most critical challenges in not-for-profit accounting today.

Objectives:

  • Identify the critical changes occurring in not-for-profit accounting today
  • Skillfully implement today’s most challenging FASB standards affecting not-for-profits
  • More effectively audit not-for-profit entities through superior knowledge of key accounting issues

Major Topics:

  • Preparing for the implementation of the new FASB ASU on grants, contracts, and contributions (i.e., ASU No 2018-08, Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made)
  • Developing a deeper understanding of the requirements in ASU No. 2016-02, Leases, and how not-for-profit entities will implement the standard
  • A review of additional key challenges in not-for-profit accounting today

Designed For:

Not-for-profit industry professionals and auditors

Prerequisite:

Knowledge of not-for-profit accounting