Description
This course covers FASB Accounting Standard Updates (ASUs) that impact NFPs. It includes a deep dive into Revenue Recognition for Grants & Contracts and its interplay with Topic 606. Attendees will also gain an understanding of what must be considered in order to implement standards impacting nonprofit entities including leases, the definition of collection, goodwill amortization for nonprofits, and gifts in kind. We close with a look at the impact of COVID19 on reporting for nonprofit entities.
Objective
* Determine if a transaction is a contribution or exchange transaction * Identify ASUs impacting NFP entities * Define the term collection * Describe lease accounting under Topic 842
Highlights
See course description
Who Should Attend
Practitioners and members in industry responsible for accounting and financial reporting for nonprofit entities
Required Knowledge
Prior experience with NFP financial reporting
Advanced Prep
None
Event Speaker(s)
Additional Event Information
Contact NCACPA if you need assistance with your online program. For the quickest results, email the Online Learning Team at [email protected], and a team member will contact you shortly.
If you need assistance with internet access issues, browser capability, or when the NCACPA office is closed* please call Freestone Technical Support at 866-702-3278 or by email at [email protected] .
*NCACPA office hours are 9:00 am–5:00 pm ET. Online Learning Team members will be available via email 30 minutes prior to the start of a live online program.
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CPE Select Pass Policies
The CPE Select pass is available only for NCACPA members and the price is applicable for an individual user. The pass includes access to on demand and webinar programs, but excludes webcasts, “hot topic” webinars, and on demand Ethics programming. All eligible programs for the CPE Select pass will be marked in the online catalog and in promotions. Licensed CPAs who elect the student membership status must provide proof of enrollment in an advanced degree.
The CPE Select pass grants unlimited access to qualifying webinars and on demand programs on a calendar-year basis.
We anticipate a spike in webinar activity later in the calendar year, and NCACPA is not liable for third-party service outages that may occur. Please plan your CPE before 12/31 to avoid any unforeseen technology issues.
Also Available As
Saturday, January 1, 2022 (12:00 am–11:59 pm ET)Register >>
Friday, July 22, 2022 (8:30 am–12:15 pm ET)Register >>
Monday, June 13, 2022 (8:30 am–12:15 pm ET)Register >>
Wednesday, August 17, 2022 (8:30 am–12:15 pm ET)Register >>
Tuesday, August 16, 2022 (1:00 pm–4:45 pm ET)Register >>
Tuesday, September 20, 2022 (8:30 am–12:15 pm ET)Register >>
Monday, October 17, 2022 (1:00 pm–4:45 pm ET)Register >>
Tuesday, November 22, 2022 (8:30 am–12:15 pm ET)Register >>
Wednesday, December 14, 2022 (8:30 am–12:15 pm ET)Register >>
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Registration Fees
| Registration | Early Bird | Regular |
|---|---|---|
| CPE Select | N/A | $0.00 |
| NCACPA Member | N/A | $145.00 |
| Non-Member | N/A | $195.00 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.