Surgent's The Most Critical Challenges in Not-for-Profit Accounting Today

Overview

This year, not-for-profit entities are preparing to apply critical new standards related to contributions of nonfinancial assets, leases, and more. Now is the time to know more than just what the standards say - we need to know what they mean and how they will affect not-for-profit entities. This course is designed to do just that! The course materials utilize a highly illustrative and innovative format. Over 15 focused exercises are included to provide an enhanced working knowledge of the most critical challenges in not-for-profit accounting today.

Highlights

• Preparing for the implementation of the new requirements related to contributions of nonfinanciual assets (i.e., ASU No. 2020-07)
• Developing a deeper understanding of the requirements in FASB ASC 842, Leases, and how not-for-profit entities will implement the standard
• Additional issues in not-for-profit financial reporting

Prerequisites

Knowledge of not-for-profit accounting

Designed For

Not-for-profit industry professionals and auditors

Objectives

• Identify the critical changes occurring in not-for-profit accounting today
• Skillfully implement today’s most challenging FASB standards affecting not-for-profits
• More effectively audit not-for-profit entities through superior knowledge of key accounting issues

Preparation

None

Notice

This on-demand webcast can be taken at any time of your choosing and is valid for one year from the date of purchase. No live instructor is present, and an exam is required to earn credit. You must score 70% or higher to earn the certificate.

How do I access my Self-Study Package?

Visit https://www.surgentcpe.com/login and enter your username (your LCPA email address) and password. If you do not remember your password, press the "Forgot?" button to receive a password reset email. Once logged in, the page will refresh to display your account menu on the left side.