The Most Critical Challenges in Not-for-Profit Accounting Today (4 hours - morning) - Webcast
Overview
Understanding not-for-profit GAAP is one thing—effectively applying it is another. Preparing accurate and reliable financial statements requires more than familiarity; it demands a solid working knowledge of today’s most complex accounting and reporting issues. This course provides clear, practical guidance on key challenges, including core note disclosures, contributions, and the presentation of an operating measure.
YELLOW BOOK: Qualifies for Yellow Book CPE based on your unique audited entity.
Highlights
- The essential disclosure requirements specific to not-for-profit organizations and strategies for enhancing clarity and value
- Practical insights into the accounting for conditional and restricted contributions, membership dues, contributed services, and noncash contributions
- The advantages, challenges, and best practices for effectively presenting a measure of operations
Prerequisites
Knowledge of not-for-profit accounting
Designed For
Not-for-profit industry professionals and auditors
Objectives
- Understand critical challenges shaping not-for-profit accounting today
- Skillfully apply today's most challenging FASB standards affecting not-for-profits
- Strengthen your audit approach with deeper expertise in the key accounting issues unique to not-for-profits
Leader(s):
Leader Bios
Martha Lindley, Lindley & Associates LLC
Martha A. Lindley, CPA, has experience, since the last century, in public accounting, specializing in governmental entities and not-for-profit organizations, especially those requiring audits under Uniform Guidance. Her government experience includes state (technical colleges), municipal (county and city), and local (school districts and water districts). Her not-for-profit experience includes social service agencies, housing projects, and foundations. Services include audit, consulting, and related tax preparation. She has an extensive background in internal control assessment and fraud/forensic accounting. Martha worked with one of the top 100 CPA firms in the USA before beginning her own practice in 2000 to specialize in organizations receiving federal and grant funding. Having performed over 2,000 nonprofit and governmental audits and written 2,000 sets of financial statements, her experience is extensive. She has been a sought-after presenter for CPE and for State Conferences for years. She is a hands-on audit partner, attending all audits performed. She has taught CPE since 2000 -- teaching hundreds of classes throughout the USA. Martha Lindley, CPA earned Surgent Outstanding Discussion Leader Awards in 2017 and 2016. Comments emphasized her knowledge of the topic and sense of humor which made the class more enjoyable. With two Bachelor degrees -- and three majors: accounting, finance and clinical psychology -- she both teaches and engages class participants with cognitive learning skills. Martha is a member of: AICPA, Washington Society of CPAs, AICPA Government Audit Quality Center, the AICPA Nonprofit Sector, AICPA Employee Benefit Audit Quality Center and the WSCPA Nonprofit Committee.
(2/14/23)
Non-Member Price $250.00
Member Price $195.00