CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS
Webcast

Accounting for Not-for-Profit Entities

3 Credits: Accounting

$147.00

Webcasts are available for viewing Monday – Saturday, 8am – 8pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)

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Accounting for Not-for-Profit Entities

Format
Webcast
Course Level
Basic
CPE Credits

3 Credits: Accounting

Course Description

This comprehensive course on not-for-profit accounting is a must-have for accounting professionals seeking to stay abreast of the latest changes in GAAP related to this specialized area. It offers a thorough exploration of all aspects of not-for-profit accounting, from discerning the nature of contributions to mastering financial statement presentations and disclosures. The benefits of this course extend beyond mere knowledge acquisition; it empowers you to apply standards to distinguish contributions from exchanges, handle conditional contributions adeptly, and make informed decisions about contribution classification and special provisions. What sets this course apart is the unique blend of expert knowledge and humor brought by Jeff Sailor, including his engaging video parodies, which make complex accounting concepts more accessible and memorable, enhancing both your learning experience and retention of key principles.

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Learning Objectives

Upon successful completion of this course, the participant should be able to:

  • Describe the recent changes to NFP accounting
  • Apply the standards to distinguish a contribution from an exchange
  • Describe a conditional contribution
  • Apply the standards for accounting for a conditional contribution
  • Apply the standards to classify a contribution as restricted or unrestricted
  • Apply the special provisions with regard to contributed services
  • Apply the provisions for collections
  • Apply the provisions for presentation of financial statements and disclosures
  • Describe issues for special issues
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Course Specifics

Course ID
WC1120220912
Revision Date
October 29, 2020
Prerequisites

None

Advanced Preparation

None

Compliance Information

NASBA Provider Number: 103220

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

Jeff Sailor Headshot

Jeff Sailor, CPA, received a master’s degree in accounting from the University of Florida. Upon graduation, he joined the auditing staff at Peat Marwick in Jacksonville, Florida, where he worked on a large number of national accounts. Jeff has managed his own accounting firm in Ocala, Florida, since 1984. During that time, he has also developed unique auditing approaches and auditing software. Since 1992, Jeff has been teaching accounting and auditing courses he developed to combat traditional “boring CPE.” Using a variety of creative teaching methods sprinkled with humorous video spoofs, Jeff is able to combine his in-depth accounting insights …