Event Date: April 25, 2014
This material focuses on the principles of accounting for non-profit organizations’ revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Learning objectives are:
- Understand principles of revenue recognition in Statements of Financial Accounting Standards for nonprofit organizations.
- Be able to properly account for revenues of nonprofit organizations.
- Understand basic principles of accounting and reporting for revenue accounts presented on the statement of activities.
Attendee downloads:
NPO 2 Handout with Appendices.doc
NPO 2 One Hour.ppt
Presenter:Larry L. Perry, CPA
CPA Firm Support Services, LLC
www.cpafirmsupport.com
Larry has practiced as a CPA for over 40 years, has authored accounting and auditing manuals and is currently an author and presenter of live and on-demand webcast and self-study CPE programs. He is managing member of CPA Firm Support Services, LLC (www.cpafirmsupport.com), an organization that provides accounting and auditing continuing education designed for smaller CPA firms and other organizations. Larry writes a weekly article/blog on Accounting Web.com titled Today’s World of Audits that focuses on practical ways to perform effective and efficient accounting and auditing engagements. Currently, Larry is presenting a series of articles on Auditing Special Purpose Frameworks, including the AICPA’s Financial Reporting Framework for Small- and Medium-Sized Entities.
| Program Level | intermediate |
| Prerequisites | none |
| Advance Preparation Needed | none |
| Delivery Method | Group-Internet Based |
| Recommended CPE Credit | 1 credit per 50-minute session* |
| Registration Instructions | register online |
| Cost | free |
| Complaint Resolution | publisher@accountingweb.com |
| Refund policy/Cancellation policy | Due to this program being offered free of charge, there will be no refunds issued |
Sift Media is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing 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.learningmarket.org.
* To obtain CPE credit, the live session must be attended. THE RECORDING DOES NOT QUALIFY FOR CPE CREDIT.