Description
Earn CPE credits as you become acquainted with the unique aspects of accounting and financial reporting issues that apply to NFPs.
- Qualifies for 2 Yellow Book CPE Credits
Objectives
- Identify the unique aspects of NFPs.
- Understand the differences between for-profit entities and NFPs.
- Recognize the various types of NFPs.
- Identify NFP-specific terminology.
- Identify the basic financial statement presentation differences between for-profit entities and NFPs.
- Identify examples of the differences in the organizational structures of for-profit entities and NFPs.
Highlights
- The role of CPAs and finance professionals as trusted advisors working in and with NFP organizations
- NFP reporting standards
- Compliance requirements to obtain and maintain tax-exempt status
- Basic financial statement presentation
- Terminology unique to NFPs