Accounting for Expenses in a NFP

Description

Do you know what makes not-for-profit accounting different? Avoid the potholes of confusion related to the recording and reporting of expenses and provide a financial picture that end users can truly understand. Through a combination of practical guidance and case studies, this course provides insight into what makes not-for-profits different.

Highlights

Expense reporting Natural and functional expense reporting

Objectives

Identify the impact of FASB standards impacting not-for-profits. Apply the unique not-for-profit accounting and reporting requirements, including expense reporting. Recall ways to perform more effective audits of not-for-profit organizations with better knowledge of not-for-profit accounting and reporting requirements.

Designed For

Accountants working in the not-for-profit industry