CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Not-For-Profit Accounting: Reporting and Analysis

Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
5 Credits: Accounting

Course Description

Business organizations obtain resources by providing goods and services. Many not-for-profit organizations (NFPOs) obtain resources from contributors and are accountable to the providers of those resources or to their representatives. In general, GAAP requires NFPOs to issue a statement of financial position, a statement of activities, and a statement of cash flows. The focus is on the organization as a whole and on reporting assets, liabilities, and net assets; changes in net assets; flows of economic resources; cash flows, borrowing and repayment of borrowing, and other factors affecting liquidity; and service efforts. This course addresses the accounting and financial reporting for NFPOs (or NPOs) —colleges and universities, healthcare providers, voluntary health and welfare organizations (VHWOs), and other not-for-profit entities such as religious, educational, social, and recreational entities. Also addressed is financial analysis and ratios that can be useful to analyze the financial fitness of NFPOs.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • Recognize the types of and components of financial statements mandated by GAAP for not-for-profit organizations.
  • Identify the difference between net assets with donor restrictions and net assets without donor restrictions for an NFPO and how these organizations should report contributions and other revenue sources.

Chapter 2

  • Identify reporting requirements of higher education.

Chapter 3

  • Recognize the financial statement reporting requirements for revenue for healthcare providers.

Chapter 4

  • Identify the auditing of and reporting requirements on the financial statements of governmental voluntary health and welfare organizations (VHWOs).
  • Recognize the typical funds used to account for VHWO transactions.
  • Recognize the reporting on the financial statements of other not-for-profit organizations (ONFPOs).
  • Calculate depreciation financial reporting for ONFPOs.

Chapter 5

  • Recognize different examples of trend analysis.

 

Course Specifics

Course ID
1203539
Revision Date
November 20, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Delta CPE LLC Headshot
Delta CPE LLC

For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.

Not-For-Profit Accounting: Reporting and Analysis

Expert Instructors
Format
CPE CREDITS
5 Credits: Accounting

$145.00$175.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
5 Credits: Accounting

Course Description

Business organizations obtain resources by providing goods and services. Many not-for-profit organizations (NFPOs) obtain resources from contributors and are accountable to the providers of those resources or to their representatives. In general, GAAP requires NFPOs to issue a statement of financial position, a statement of activities, and a statement of cash flows. The focus is on the organization as a whole and on reporting assets, liabilities, and net assets; changes in net assets; flows of economic resources; cash flows, borrowing and repayment of borrowing, and other factors affecting liquidity; and service efforts. This course addresses the accounting and financial reporting for NFPOs (or NPOs) —colleges and universities, healthcare providers, voluntary health and welfare organizations (VHWOs), and other not-for-profit entities such as religious, educational, social, and recreational entities. Also addressed is financial analysis and ratios that can be useful to analyze the financial fitness of NFPOs.

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • Recognize the types of and components of financial statements mandated by GAAP for not-for-profit organizations.
  • Identify the difference between net assets with donor restrictions and net assets without donor restrictions for an NFPO and how these organizations should report contributions and other revenue sources.

Chapter 2

  • Identify reporting requirements of higher education.

Chapter 3

  • Recognize the financial statement reporting requirements for revenue for healthcare providers.

Chapter 4

  • Identify the auditing of and reporting requirements on the financial statements of governmental voluntary health and welfare organizations (VHWOs).
  • Recognize the typical funds used to account for VHWO transactions.
  • Recognize the reporting on the financial statements of other not-for-profit organizations (ONFPOs).
  • Calculate depreciation financial reporting for ONFPOs.

Chapter 5

  • Recognize different examples of trend analysis.

 

Course Specifics

Course ID
1203539
Revision Date
November 20, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Delta CPE LLC Headshot
Delta CPE LLC

For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.

Not-For-Profit Accounting: Reporting and Analysis

Expert Instructors
Format
CPE CREDITS
5 Credits: Accounting

$145.00$175.00

Clear