Not-for-profit organizations are one of the fastest-growing sectors of our economy, making it increasingly important that auditors, attorneys, CFOs and other advisers understand the unique accounting principles and challenges that apply. Examine the core principles and practices of not-for-profit accounting; review the general characteristics and operational environment of not-for-profit organizations; and discuss how to apply generally accepted standards and principles. Also, learn risk management best practices and common accounting errors. Formerly titled: Not-for-Profit Organizations: Accounting and Auditing Principles and Applications
Not-for-profit GAAP. Expense allocation methodologies. Risk management. Accounting errors.
Understanding of intermediate accounting theory and practice. Experience with and knowledge about the financial operations of a nonprofit organization.
CPAs, CFOs, attorneys, bankers, board members and consultants.
Identify accounting and reporting differences between for-profit and not-for-profit organizations. Determine fundamental accounting rules of not-for-profits. Recognize allocation methodologies and how they impact financial statements and external oversight. Identify hidden risk areas for not-for-profits to enhance audit procedures.
Suzan Dennis, CPA, MSA, is the managing partner at Dennis & Dennis, LLP, teaches classes on forensic accounting and cost accounting at UCSD. She is an advisor on the Accounting Certificate Program. Ms. Dennis has also taught basic to advanced accounting courses at the National University and San Diego State University.
Non-Member Price $389.00
Member Price $289.00