Events Search
  Summary & Check Out (0)
Saturday, April 25, 2026 Live Webcast

Nonprofit Accounting and Financial Reporting Explained (X4-6973258)

11:00 AM - 6:39 PM EDT
webcast

Vendor Platform

8 CPE Credits in AA

OVERVIEW

This course provides a high-level overview of the most important issues facing nonprofit entities and their auditors.  The focus of this course is on explaining the theory behind major issues and trends, enabling professionals to understand the most important aspects of relevant professional and regulatory standards related to reliable financial reporting for nonprofit entities.      

DESIGNED FOR

Anyone responsible for preparing or attesting upon nonprofit financial statements

BENEFITS

  • Identify the reasons for unique accounting and financial reporting considerations for nonprofit entities
  • List the key provisions of ASC 958 related to financial statement considerations for nonprofit entities
  • Describe special considerations for nonprofits, such as revenue recognition for nonexchange transactions, gifts in kind, and more.

HIGHLIGHTS

  • Discussion of financial reporting risks increased by the current economic environment, including increased uncertainty related to critical financial statement amounts and significant disclosures
  • Executive summary of recent Accounting Standards Updates 
  • Overview of fair value disclosure requirements and implementation issues
  • Discussion of issues related to donor-restricted endowment funds
  • Classification of net assets and reclassifications
  • Endowments, including accounting, disclosures and UPMIFA
  • Noncascontributions
  • Contributions received and receivable
  • Expense recognition issues
  • Reporting expenses by function and nature
  • Other relevant matters unique to the nonprofit environment

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Jennifer Louis

Jennifer F. Louis, CPA

President

Emergent Solutions Group

Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group, LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training. She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor. Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two young adult boys

PRICING

$225.00 - Member

$275.00 - Nonmember

Register Today


Note: Online pre-registration will close on April 25 at 10:30 AM.

ADDITIONAL OPTIONS

Remind me to register

Print a registration form

COURSE DEVELOPER

ACPEN

ALSO QUALIFIES FOR