Case Studies in Not-for-Profit Accounting and Auditing

Gain hands-on experience with case studies designed to simulate real-world scenarios and common problems in today's not-for-profit environment. This CPE course goes beyond the theory and will show you how to navigate the key issues that arise in not-for-profit accounting and auditing.

Learning Objectives
This course will prepare you to:

Identify the accounting differences between contribution and exchange transaction revenues
Recall key issues relating to the recording and valuation of contributed services
Identify key accounting issues related to pledges and special event costs associated with a capital campaign
Recognize financial statement presentation deficiencies by reviewing an incorrectly prepared statement
Apply important auditing concepts to a statement of functional expenses
Determine effective audit procedures to employ in response to identified fraud risk factors
Analyze critical concepts involved in auditing contributions