CPAR GOV - Accounting & Financial Reporting

CPAR GOV/NFP - Vol. 2018 - No. 4 - 03 - New Not-for-Profit Financial Statements: Time to Implement

Course Overview
This is the season when not-for-profit organizations must implement a complete overhaul of their financial reporting based on FASB’s guidance under ASU 2016-14. The Loscalzo Institute’s Allen Fetterman, who lectures extensively for Loscalzo Institute on nonprofit accounting and auditing issues, explains why a critical step in presenting the new comparative financial statements will be to apply those changes retrospectively.

Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Recognize when an endowment is underwater;
  • Identify the steps management should take to implement ASU 2016-14;
  • Recognize the auditor’s role relating to ASU 2016-14;
  • Identify the various qualitative and quantitative disclosure requirements.

Prerequisites/Advanced Preparation:

Work experience in government accounting or auditing, or an introductory course in government accounting.

Speaker / Author:

CPAR Government/Not-For-Profit
SmartPros Ltd. is a leader in online and offline continuing education for accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

Price (USD)

Standard: $69.90


Course Code : CPAR1377-FM

Length : 1hr 40min
Course Level : Update
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting - Governmental

Returning Subscribers

- OR -