There is very specific guidance on reporting for Not-for-Profits (NPOs). We will look at the required financial statements and the required footnotes disclosures unique to NPOs. We will look at the basic financial statements (statement of financial position, statement of activities and statement of cash flow) and the requirement to also report expenses functionally. We will discuss the flexibility of reporting an operating measure for NPOs and the challenges of reporting expenses.
Who Should AttendThis session is for personnel charged with drafting the financial statements and helpful for those NPO personnel that are reading the financial statements.
Instructional MethodGroup: Internet-based
NASBA Field of Study
Accounting (2 hours)