Event Detail

Accounting for Revenues and Expenses in a Not-for-Profit

Description:

On-line registration is closed. To register for this class, please email riscpamembers@riscpa.org.

Do you know what makes not-for-profit accounting and financial reporting different? This course will cover the requirements under FASB's financial statement standard and provide insight into what makes not-for-profit financial reporting different, such as accounting for revenues and expenses. This course will train you to clear key hurdles in not-for-profit accounting and reporting in an efficient and effective manner. Avoid the potholes of confusion and provide a financial picture that end users can truly understand.

Highlights:

  • Exchange transactions, contributions, and gains and losses
  • Grants and contracts
  • Expense accounting and reporting

Objectives:

When you complete this course you will be able to:

  • Identify the impact of FASB Standards impacting not-for-profits.
  • Identify the unique aspects of the not-for-profit environment, such as accounting for revenues and expenses.

Prerequisites:

Experience in the not-for-profit environment

Notes:

Rebeka Mazzone, CPA, CGMA, is a strategic finance consultant and entrepreneur for FuturED Finance, a strategic finance consulting firm to help organizations thrive and evolve. Passionate about creating a strong financial future for businesses, she leverages her broad range of experience, serving as a collaboration partner for leaders who need a strategic partner to help execute on finance and strategy projects. In addition, Mazzone has spent almost 25 years in financial strategy, planning and analysis with a focus on collaboration and successfully partnering within the organization to close the gap between finance and operations. She is also an adjunct professor of Finance at Providence College, a Group Discussion Leader for the AICPA and can be found speaking at many conferences on topics of finance, accounting and strategy.

Designed For:

Professionals working with or in the not-for-profit environment

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