Earn CPE credits as you become acquainted with the unique aspects of accounting and financial reporting issues that apply to NFPs.
Learning 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.
Major Topics
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
